Page 78 - TSMC 2020 Annual Report

4 5 Status of Employee Stock Option Plan
4 5 1 Issuance of Employee Stock Options: None 4 5 2 Employee Employee Stock Options Granted to to to Management Team and to to to Top 10 Employees: None 4 6 Status of Employee Restricted Stock 4 6 1 Status of Employee Restricted Stock: None 4 6 2 Employee Employee Restricted Stock Granted to to to Management Team and to to to Top 10 Employees: None 4 7 Status of New Share Issuance in Connection with Mergers and Acquisitions: None 4 8 Funding Plans and Implementation
The funds raised by TSMC through issuances of domestic corporate bonds are used in in accordance with respective funding plans and actual needs As of of of of the the the end of of of of the the the fourth quarter of of of of 2020 the the the implementation of of of of uncompleted funding plans was as as follow:
Projects
Gross Proceeds
Use of Proceeds
Implementation
Status NT$12 billion
Green buildings and environmental protection related expenditures
NT$18 5 billion
Purchase/expansion of facilities and equipment
US$1 billion
Purchase/expansion of facilities and equipment
Unsecured Corporate Bond (109-6 Green Bond)
Unsecured Corporate Bond (109-7)
US-dollar Domestic Unsecured Corporate Bond (109-1)
As of of of the the the end of of of the the the fourth quarter of of of 2020 the the the actual implementation rate was 9 12% (calculated based on on actual payment requests) as compared to the planned implementation rate of 13 92% The funds were used for the originally planned projects and there was no major difference between the the expected benefits and the the actual situation The plan was originally scheduled to be implemented in in the first quarter quarter of of of of 2021 As of of of of the the end of of of of the the fourth quarter quarter of of of of 2020 the actual implementation rate was 64 37% due to spending earlier than schedule The funds were used for the originally planned projects and there was no major difference between the the expected benefits and the the actual situation The plan was originally scheduled to be implemented in in the first quarter quarter of of of of 2021 As of of of of the the end of of of of the the fourth quarter quarter of of of of 2020 the actual implementation rate was 42 50% due to spending earlier than schedule The funds were used for the originally planned projects and there was no major difference between the the expected benefits and the the actual situation 076