Page 189 - TSMC 2020 Annual Report

7. FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS
Financial assets
Mandatorily measured at FVTPL Forward exchange contracts Convertible bonds
Agency mortgage-backed securities
Financial liabilities
Held for trading
Forward exchange contracts
December 31, 2020
$ 2,259,412 - -
$ 2,259,412
$ 94,128
December 31, 2019
$ 162,155 123,759 40,925
$ 326,839
$ 982,349
The Company entered into forward exchange contracts to manage exposures due to fluctuations of foreign exchange rates. These forward exchange contracts did not meet the criteria for hedge accounting. Therefore, the Company did not apply hedge accounting treatment for these forward exchange contracts.
Outstanding forward exchange contracts consisted of the following:
December 31, 2020
Sell NT$ Sell US$
December 31, 2019
Sell NT$ Sell JPY Sell US$
Maturity Date
January 2021 to March 2021 January 2021 to March 2021
January 2020 to June 2020 January 2020 to February 2020 January 2020 to March 2020
Contract Amount (In Thousands)
NT$ 144,697,981 US$ 1,176,858
NT$ 108,428,027 JPY 57,471,581 US$ 529,209
8. FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME
Investments in debt instruments at FVTOCI Corporate bonds
Agency bonds/Agency mortgage-backed securities Government bonds
Asset-backed securities
$
56,593,623 43,977,113 13,459,503
8,368,264 122,398,503
$
51,790,045 51,966,460 12,824,223 10,815,849
127,396,577 (Continued)
December 31, 2020
December 31, 2019
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