Page 200 - TSMC 2020 Annual Report

Accumulated amortization and impairment
Goodwill
Technology License Fees
Software and System Design Costs
Patent and Others
5,896,468 1,112,530 -
(20)
7,008,978 4,268,723
7,656,524 647,755 -
(1,283) 8,302,996
5,239,313 658,232 -
(1,077)
5,896,468 2,406,528
Total
42,222,305 7,186,248
(59,868) (1,882)
49,346,803 25,768,179
54,020,953 9,237,698
(260,904) (122,414)
62,875,333
37,018,816 5,472,409
(258,527) (10,393)
42,222,305
Balance at January 1, 2020 $ - Additions - Disposals or retirements - Effect of exchange rate changes -
Balance at December 31, 2020 $ -
Carrying amounts at December 31, 2020 $ 5,436,602
Cost
Balance at January 1, 2019 $ 5,795,488 Additions - Disposals or retirements - Effect of exchange rate changes (102,112)
Balance at December 31, 2019 $ 5,693,376
Accumulated amortization and impairment
Balance at January 1, 2019 $ - Additions - Disposals or retirements - Effect of exchange rate changes -
Balance at December 31, 2019 $ - Carrying amounts at December 31, 2019 $ 5,693,376
$
$ $
$
$
$
$ $
9,823,770 2,404,461 -
(2,165) 12,226,066 9,935,646
10,974,458 4,879,562 - 931
15,854,951
8,756,005 1,066,834 - 931
9,823,770 6,031,181
$
$ $
$
$
$
$ $
26,502,067 3,669,257
(59,868) 303
30,111,759 6,127,208
29,594,483 3,710,381
(260,904) (19,950)
33,024,010
23,023,498 3,747,343
(258,527) (10,247)
26,502,067 6,521,943
$
$ $
$
$
$
$ $
$
$ $
$
$
$
$
$ 20,653,028 (Concluded)
The Company’s goodwill has been tested for impairment at the end of the annual reporting period and the
recoverable amount is determined based on the value in use. The value in use was calculated based on the cash flow forecast from the financial budgets covering the future five-year period, and the Company used annual discount rates of 8.0% in both years in its test of impairment as of December 31, 2020 and 2019, to reflect the relevant specific risk in the cash-generating unit.
For the years ended December 31, 2020 and 2019, the Company did not recognize any impairment loss on goodwill.
17. SHORT-TERM LOANS
Unsecured loans Amount
Loan content
US$ (in thousands) EUR (in thousands) Annual interest rate Maturity date
December 31, 2020
$ 88,559,026
$ 200,000 $ 2,370,000
December 31, 2019
$ 118,522,290
2,398,000 (0.54)%-0.33%
Due by February 2021
1,410,000 0.01%-2.22%
Due by May 2020
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