Page 71 - TSMC 2020 Annual Report

2020 Quarterly Earnings Distribution
Period
Approved Date
Payment Date
Cash Dividends Per Share Total Earnings Distribution
Amount
Unit: NT$ First quarter of 2020 Second quarter of 2020 Third quarter of 2020 Fourth quarter of 2020 05/12/2020
08/11/2020
11/10/2020
02/09/2021
10/15/2020
01/14/2021
04/15/2021
07/15/2021
NT$2 5 5 5 5 64 825 951 145
NT$2 5 5 5 5 64 825 951 145
NT$2 5 5 5 5 64 825 951 145
NT$2 5 5 5 5 64 825 951 145
4 1 1 12 Compensation to to to Directors and Profit Sharing to to to Employees
Based on
on
on
TSMC’s Articles of Incorporation before paying dividends or or or or or bonuses to shareholders TSMC TSMC shall set aside not more than 0 3% of of of its annual profit profit to to to directors as as compensation and not less than 1% to to to employees as as a a a a a a a a a profit profit sharing As resolved by TSMC’s Board of of Directors on
on
February 9 2021
a a a a a a a a profit sharing to to employees was expensed based on
on
a a a a a a a a certain percentage of of of 2020 profit compensation to to directors was expensed based on
on
the the estimated amount of of of payment If the the actual amounts amounts subsequently paid paid differ differ from the the the above estimated amounts amounts the the the differences will be recorded in the the the year paid paid as a a a a a a a a a a change in in accounting estimate 2020 Directors’ Compensation and Employees’ Profit Sharing Directors’ Compensation (Cash)
Employee’s Profit Sharing (Cash)
Note: NT$34 753 184 thousand business performance bonus was already distributed distributed following each quarter of o 2020 The above employees’ profit sharing will be distributed distributed in in in in July 2021
509 753 34 753 184 360 404
23 034 200
Board Resolution (02/09/2021)
Amount
(NT$ thousands)
2019 Directors’ Compensation and Employees’ Profit Sharing Directors’ Compensation (Cash)
Employees’ Profit Sharing (Cash)
360 404
23 165 745
Board Resolution (02/11/2020)
Actual Result (Note)
Amount
(NT$ thousands)
Amount
(NT$ thousands)
Note: The above directors’ compensation and and and and employees’ employees’ profit profit sharing sharing were were expensed under the the the the Company’s 2019 statement o of of o of comprehensive income and and and and were were approved by the the the the Board o of of o of Directors at at at at its meeting on
on
February 11 2020 2020 However due to to to employee employee employee turnover the the the the employees’ employees’ profit profit sharing sharing in in in in in in the the the the amount o of of o of NT$131 545 thousand was was undistributed and and and and related expense expense was was reversed in in in in in in 2020 4 1 1 1 13 Impact to to 2021
Business Performance and EPS Resulting from Stock Dividend Distribution: Not applicable 4 4 1 1 14 Buyback of Common Stock: None 069