Page 216 - TSMC 2020 Annual Report

d. The deductible temporary differences for which no deferred income tax assets have been recognized
As of December 31, 2020 and 2019, the aggregate deductible temporary differences for which no deferred income tax assets have been recognized amounted to NT$55,521,034 thousand and NT$33,445,504 thousand, respectively.
e. Unused tax-exemption information
As of December 31, 2020, the profits generated from the following projects of TSMC are exempt from income tax for a five-year period:
Tax-exemption Period
Construction and expansion of 2009 by TSMC 2018 to 2022
f. The information of unrecognized deferred income tax liabilities associated with investments
As of December 31, 2020 and 2019, the aggregate taxable temporary differences associated with investments in subsidiaries not recognized as deferred income tax liabilities amounted to NT$152,827,360 thousand and NT$131,085,673 thousand, respectively.
g. Income tax examination
The tax authorities have examined income tax returns of TSMC through 2018. All investment tax credit adjustments assessed by the tax authorities have been recognized accordingly.
28. EARNINGS PER SHARE
Basic EPS Diluted EPS
EPS is computed as follows:
Year Ended December 31, 2020
Basic/Diluted EPS
Net income available to common shareholders
of the parent
Year Ended December 31, 2019
Basic/Diluted EPS
Net income available to common shareholders
of the parent
Years Ended December 31
Amounts (Numerator)
$ 517,885,387
$ 345,263,668
2020
$ 19.97 $ 19.97
Number of Shares (Denominator) (In Thousands)
25,930,380
25,930,380
2019
$ 13.32 $ 13.32
EPS (NT$)
$ 19.97
$ 13.32
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