Page 220 - TSMC 2022 Annual Report

13. INVESTMENTS ACCOUNTED FOR USING EQUITY METHOD
Associates consisted of the following:
Name of Associate
Vanguard International Semiconductor Corporation (VIS)
Systems on Silicon Manufacturing Company Pte Ltd. (SSMC)
Xintec Inc. (Xintec)
Global Unichip Corporation (GUC)
Mutual-Pak Technology Co., Ltd. (Mutual-Pak)
Principal Activities
Manufacturing, sales, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing and design service of masks
Manufacturing and sales of integrated circuits and other semiconductor devices
Wafer level chip size packaging and wafer level post passivation interconnection service
Researching, developing, manufacturing, testing and marketing of integrated circuits
Manufacturing of electronic parts, wholesaling and retailing of electronic materials, and researching, developing and testing of RFID
December 31, 2022
December 31, 2021
$ 10,613,127
6,795,699 3,046,961 1,484,683
22,948
$ 21,963,418
December 31, 2022
28%
39% 41% 35% 28%
December 31, 2021
28%
39% 41% 35% 28%
Place of Incorporation and Operation
Hsinchu, Taiwan
Carrying Amount
% of Ownership and Voting Rights Held by the Company
Singapore 8,934,731
Taoyuan, Taiwan Hsinchu, Taiwan New Taipei, Taiwan
3,528,417 1,666,651 19,053
$ 27,641,505
$
13,492,653
As of December 31, 2022 and 2021, no investments in associates are individually material to the Company. Please refer to the consolidated statements of comprehensive income for recognition of share of both profit (loss) and other comprehensive income (loss) of associates that are not individually material.
The market prices of the associates’ ownership held by the Company in publicly traded stocks calculated by
the closing price at the end of the reporting period are summarized as follows. The closing price represents the quoted price in active markets, the level 1 fair value measurement.
Name of Associate
VIS GUC Xintec
14. PROPERTY, PLANT AND EQUIPMENT
Assets used by the Company Assets subject to operating leases
December 31, 2022
$ 35,977,321 $ 29,926,918 $ 10,716,449
December 31, 2022
$2,693,815,688 21,282
$2,693,836,970
December 31, 2021
$ 73,347,312 $ 27,359,085 $ 15,913,315
December 31, 2021
$1,975,113,974 4,730
$1,975,118,704
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