Page 209 - TSMC 2020 Annual Report

stockholders’ equity, any special reserve appropriated may be reversed to the extent that the net debit balance reverses.
The appropriations of 2020 and 2019 quarterly earnings have been approved by TSMC’s Board of Directors in its meeting, respectively. The appropriations and cash dividends per share were as follows:
Resolution Date of TSMC’s Board of Directors in its meeting
Special capital reserve
Cash dividends to shareholders Cash dividends per share (NT$)
Resolution Date of TSMC’s Board of Directors in its meeting
Special capital reserve
Cash dividends to shareholders Cash dividends per share (NT$)
Fourth Quarter of 2020 February 9, 2021
Third Quarter of 2020 November 10, 2020
Second Quarter of 2020 August 11, 2020
First Quarter of 2020 May 12, 2020
$ $ $
64,825,951 2.5
$ 64,825,951 $ 2.5
Third Quarter of 2019 November 12, 2019
$ 3,289,166 $ 64,825,951 $ 2.5
$ 11,884,457
$ 64,825,951
$ 2.5 $ 2.5
12,420,727 $ 5,501,351
$ (2,694,841) $ 64,825,951
Fourth Quarter of 2019 February 11, 2020
Second Quarter of 2019 August 13, 2019
First Quarter of 2019 June 5, 2019
$ $ $
16,893,073 64,825,951 2.5
$ (3,338,190) $ (4,723,939) $ 64,825,951 $ 51,860,761 $ 2.5$ 2.0
The special capital reserve for 2020 is to be presented for approval in the TSMC’s shareholders’ meeting to be held on June 8, 2021 (expected).
The appropriation of 2018 earnings has been approved by TSMC’s shareholders in its meeting held on June 5, 2019. The appropriation and cash dividends per share were as follows:
Legal capital reserve Specialcapitalreserve
Cash dividends to shareholders
d. Others
Changes in others were as follows:
Balance, beginning of year
Exchange differences arising on translation of
foreign operations
Unrealized gain (loss) on financial assets at
FVTOCI
Equity instruments Debt instruments
Cumulative unrealized gain (loss) of equity instruments transferred to retained earnings due to disposal
$ 35,113,088
$ (11,459,458)
$ 207,443,044 $
Year Ended December 31, 2020
8.0
Total
Appropriation of Earnings
Cash Dividends Per Share (NT$)
Foreign Currency Translation Reserve
$ (26,871,400) (29,846,818)
- -
-
Unrealized Gain (Loss) on Financial Assets at FVTOCI
Gain (Loss) on Hedging Instruments
Unearned Stock-Based Employee Compensation
$
(692,959) -
423,212 3,907,022
108,687
$
(3,820) -
- -
-
$
(190) $ (27,568,369) - (29,846,818)
- 423,212 - 3,907,022
- 108,687 (Continued)
- 50 -
- 48 -