Page 111 - TSMC 2020 Annual Report

Unconsolidated
Unit: NT$ thousands
Net Revenue
Cost of Revenue
Gross Gross Profit Profit before Realized (Unrealized) Gross Gross Profit Profit on Sales to Subsidiaries and Associates
Realized (Unrealized) Gross Profit on Sales to Subsidiaries and Associates
Gross Profit Operating Expenses
Other Operating Income and Expenses
Net Income from Operations
Non-operating Income and Expenses
Income Income before Income Income Tax
Income Tax
Expenses
Net Income Other Comprehensive Loss Net of Income Tax
Total Comprehensive Income for the Year
1 1 1 314 793 013
632 772 608
682 020 405
(16 382)
682 004 023
139 285 510
746 994
543 465 507
39 153 435
582 618 942
64 733 555
517 885 387
(30 321 909)
487 563 478
1 1 059 646 793 255 146 220 24%
579 507
047 53 265 561 9%
480 139 746 201 880 659 42%
3 3 3 395 (19 777) -583%
480 143 141 201 860 882 42%
114 067 919 25 217 591 22%
(151 230) 898 224 NM
365 923 992 177 541 515 49%
22 22 821 227 16 332 208 72%
388 745 219 193 873 723 50%
43 481 551 21 252 004 49%
345 263 668 172 621 719 50%
(11 823 208) (18 498 701) -156%
Item
2020
2019
Difference
%
333 440 460 154 123 018
46%
109
● Analysis of Deviation over 20%
Increase in in in in in net revenue: The increase was mainly attributed to to rise in in in in in average selling price due to to higher advanced technology revenue weighting and increase in in in in in wafer shipments during 2020
partially offset by the unfavorable impact of of change in in in in in foreign exchange rate Increase in in gross gross gross profit profit profit before realized realized (unrealized) gross gross gross profit profit profit on sales to subsidiaries and and associates and and gross gross gross profit: The increase was mainly due to higher capacity utilization and continuing cost improvement in in in in 2020
partially offset by an an an unfavorable exchange rate and dilution from 5-nanometer products Decrease in in realized realized (unrealized) gross profit on sales sales to to to subsidiaries and associates: The decrease was mainly due to to to higher sales sales to to to investees in in the fourth quarter of 2020
Increase in in in in operating expenses: The increase was mainly due to higher research and development expenditures for advanced technology Increase in in in in in in other operating income and and expenses net: The increase was mainly due to a a a a a a a a a a a net net gain on disposal of property plant and and equipment equipment in in 2020
compared to a a a a a net loss on disposal of property plant and equipment equipment in in 2019
Increase in in in in in in in income from operations: The increase increase increase was mainly due to gross profit increased at at at a a a a a a a a a a a higher rate than the increase increase increase in in in in in in in operating expenses Increase in in in in in non-operating income and and expenses: The increase was mainly due to higher share of of of profits of of of subsidiaries and and associates in 2020
Increase in in in in in in income income income before income income income tax: The increase was mainly due to higher income income income from operations Increase in in in in in in in in income income income income tax tax expenses and net income: The increase was mainly due to higher income income income income before income income income income tax tax in in in in in in in in 2020
Increase in in in in in in in other comprehensive loss loss net of income tax: The increase increase was mainly due to increase increase in in in in in in in currency exchange loss loss arising from translation of foreign operations in 2020
Increase in in in in in in total comprehensive income income for the year: The increase was mainly due to to higher net income income in in in in in in 2020
● Sales Volume Forecast and Related Information
For additional details please refer to to “1 Letter to to Shareholders” ● Major Impact on Financial Performance
The above deviations had no major impact on on TSMC’s financial performance ● Future Plan on Financial Performance: Not applicable