Page 252 - TSMC 2022 Annual Report

 Level 2 fair value measurements are those derived from inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices); and
 Level 3 fair value measurements are those derived from valuation techniques that include inputs for the asset or liability that are not based on observable market data (unobservable inputs).
The timing of transfers between levels within the fair value hierarchy is at the end of reporting period.
2) Fair value of financial instruments that are measured at fair value on a recurring basis
Fair value hierarchy
The following table presents the Company’s financial assets and liabilities measured at fair value on
a recurring basis:
Financial assets at FVTPL
Mandatorily measured at FVTPL Forward exchange contracts Convertible bonds
Financial assets at FVTOCI
Investments in debt instruments Corporate bonds
Agency bonds/Agency
mortgage-backed securities Government bonds Asset-backed securities
Investments in equity instruments Non-publicly traded equity
investments Publicly traded stocks
Notes and accounts receivable, net
Hedging financial assets
Fair value hedges
Interest rate futures contracts
Financial liabilities at FVTPL
Held for trading
Forward exchange contracts
Hedging financial liabilities
Fair value hedges
Interest rate futures contracts
Level 1
December 31, 2022 Level 2 Level 3
Total
947,546
122,852 1,070,398
66,116,166
28,399,890 18,929,924 9,274,697
6,159,200 277,866 7,325,606
136,483,349
2,329
116,215
813
$ - $ 947,546 $ - - - 122,852 $ - $ 947,546 $ 122,852
$ - $ 66,116,166 $ -
- 28,399,890 - 18,845,577 84,347 - - 9,274,697 -
- - 6,159,200 277,866 - - - 7,325,606 -
$ 19,123,443 $ 111,200,706 $ 6,159,200
$ 2,329 $ - $ -
$ - $ 116,215 $ -
$ 813 $ - $ -
$ $
$
$
$
$
$
- 66 -
- 66 -