Page 244 - TSMC 2022 Annual Report

b. Cash-settled share-based payment arrangements
The cash-settled share-based payment arrangements in each year are as follows:
Resolution Date of TSMC’s Board of
Directors in its meeting
Issuance of units (in thousands) (Note) Grant date
2022 Plan
February 14, 2023
400 March 1, 2023
2021 Plan
February 15, 2022
236 March 1, 2022
Note: One unit of the right represents a right to the market value of one TSMC’s common share when vested.
The vesting conditions and the ratio of units to be vested for key management personnel of the plan are the same as the aforementioned RSAs.
The fair value of compensation costs for the cash-settled share-based payment was measured by using binominal tree approach and will be measured at each reporting period until settlement. Relevant
information is as follows:
Stock price at measurement date (in dollars) Expected price volatility
Expected option life
Risk-free interest rate
Years Ended December 31, 2022 2021 Plan
$ 451 28.80%-32.19%
1-3 years 1.09%
Refer to Note 29 for the compensation costs of the cash-settled share-based payment recognized by TSMC. The liabilities under cash-settled share-based payment arrangement amounted to NT$30,757 thousand as of the end of reporting period.
29. ADDITIONAL INFORMATION OF EXPENSES BY NATURE
a. Depreciation of property, plant and equipment and right-of-use assets
Recognized in cost of revenue
Recognized in operating expenses
Recognized in other operating income and expenses
b. Amortization of intangible assets
Recognized in cost of revenue Recognized in operating expenses
Years Ended December 31
2022
$ 399,638,755 28,850,463 8,961
$ 428,498,179
$ 6,086,246 2,669,848
$ 8,756,094
2021
$ 386,103,923 27,936,211 147,566
$ 414,187,700
$ 5,574,246 2,632,923
$ 8,207,169
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