Page 237 - TSMC 2022 Annual Report

The Company recognized revenue from the beginning balance of contract liability, which amounted to NT$38,433,111 thousand and NT$11,590,400 thousand for the years ended December 31, 2022 and 2021, respectively.
c. Temporary receipts from customers
Current portion (classified under accrued expenses and other current liabilities)
Noncurrent portion (classified under other noncurrent liabilities)
December 31, 2022
$ 107,723,580 168,399,207
$ 276,122,787
December 31, 2021
$
$ 185,994,187
30,612,702 155,381,485
The Company’s temporary receipts from customer are payments made by customers to the Company to retain the Company’s capacity. When the terms and conditions set forth in the agreements are subsequently satisfied, the treatment of temporary receipts, either by refund or by accounts receivable offsetting, will be determined by mutual consent.
d. Refund liabilities
Estimated sales returns and other allowances is made and adjusted based on historical experience and the consideration of varying contractual terms. As of December 31, 2022 and 2021, the aforementioned refund liabilities amounted to NT$ 53,078,351 thousand and NT$41,038,041 thousand (classified under accrued expenses and other current liabilities), respectively.
23. INTEREST INCOME
Interest income
Bank deposits
Financial assets at FVTOCI Financial assets at amortized cost
24. FINANCECOSTS
Interest expense Corporate bonds Lease liabilities Bank loans Others
Less: Capitalized interest under property, plant and equipment
Years Ended December 31
2022
17,831,257 2,582,341 2,008,611
22,422,209
Years Ended December 31
2021
$ $
$
$
$
$ 5,708,765
2,834,838 2,192,470 681,457
2022
14,116,112 267,050 32,017 1,673
(2,666,868) 11,749,984
2021
$ 5,202,999 193,324 17,546 349 -
$ 5,414,218
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