Page 232 - TSMC 2022 Annual Report

The Company expects to make contributions of NT$2,832,093 thousand to the defined benefit plans in the next year starting from December 31, 2022. The weighted average duration of the defined benefit obligation is 9 years.
21. EQUITY
a. Capital stock
Authorized shares (in thousands) Authorized capital
Issued and paid shares (in thousands) Issued capital
December 31, 2022
28,050,000 $ 280,500,000 25,930,380 $ 259,303,805
December 31, 2021
28,050,000 $ 280,500,000 25,930,380 $ 259,303,805
A holder of issued common shares with par value of NT$10 per share is entitled to vote and to receive dividends.
The authorized shares include 500,000 thousand shares allocated for the exercise of employee stock options.
On March 1, 2022, the Company issued employee restricted stocks awards (RSAs) for its employees in a total of 1,387 thousand shares with a par value of NT$10 each. The aforementioned issuance of new shares was approved by the relevant authority and the registration has been completed. Refer to Note 28 for the information on RSAs.
On May 10, 2022, TSMC’s Board of Directors resolved to cancel 1,387 thousand treasury shares. Refer to Note 21(e) for the information.
As of the end of reporting period, 1,063,847 thousand ADSs of TSMC were traded on the NYSE. The number of common shares represented by the ADSs was 5,319,234 thousand shares (one ADS represents five common shares).
b. Capital surplus
The categories of uses and the sources of capital surplus based on regulations were as follows:
May be used to offset a deficit, distributed as cash dividends, or transferred to share capital
Additional paid-in capital
From merger
From convertible bonds
From difference between the consideration received and the
carrying amount of the subsidiaries’ net assets during actual
$
24,183,645 22,803,291 8,892,371
December 31, 2022
December 31, 2021
$ 24,184,939 22,804,510 8,892,847
8,406,282 11,275
(Continued)
disposal 8,406,282 Donations - donated by shareholders 11,275
- 46 -
- 46 -