Page 309 - TSMC 2020 Annual Report

The pension costs of the aforementioned defined benefit plans were recognized in profit or loss by the following categories:
Years Ended December 31
Cost of revenue
Research and development expenses General and administrative expenses Marketing expenses
$
2020
126,274 57,306 18,248
$
2019
157,845 72,686 25,063
3,087 $ 204,915
4,002 $ 259,596
The amounts arising from the defined benefit obligation of the Company were as follows:
December 31, 2020
$ 16,980,277 (5,066,203)
Net defined benefit liability
Movements in the present value of the defined benefit obligation were as follows:
December 31, 2019
$ 13,484,090 (4,301,594)
$ 9,182,496
Present value of defined benefit obligation Fair value of plan assets
$ 11,914,074
Balance, beginning of year Current service cost Interest expense Remeasurement:
Actuarial loss (gain) arising from experience adjustments Actuarial gain arising from changes in demographic
$
2020
13,484,090 123,311 118,808
494,051
2019
$ 13,662,684 135,645 175,401
$ (438,009)
(233,239) 541,697 (344,131)
(15,958) 13,484,090
assumptions -
Actuarial loss arising from changes in financial assumptions Benefits paid from plan assets
Benefits paid directly by the Company
Balance, end of year
Movements in the fair value of the plan assets were as follows:
Balance, beginning of year Interest income Remeasurement:
Return on plan assets (excluding amounts included in net interest expense)
Contributions from employer Benefits paid from plan assets
Balance, end of year
$
$
3,161,910 (398,986) (2,907)
16,980,277
$
Years Ended December 31
Years Ended December 31
2020
4,301,594 37,204
139,212
987,179 (398,986)
$
2019
4,011,279 51,450
124,344
458,652 (344,131)
$
5,066,203
$
4,301,594
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