Page 255 - TSMC 2022 Annual Report

December 31, 2021
Carrying Amount
5,306,962
Level 2 Fair Value
5,317,957
Financial assets
Financial assets at amortized costs Corporate bonds
Financial liabilities
Financial liabilities at amortized costs Bonds payable
The fair values of corporate bonds and the Company’s bonds payable are determined by quoted market prices provided by third party pricing services.
The fair value of commercial paper is determined by the present value of future cash flows based on the discounted curves that are derived from the quoted market prices.
34. RELATED PARTY TRANSACTIONS
Intercompany balances and transactions between TSMC and its subsidiaries, which are related parties of TSMC, have been eliminated upon consolidation; therefore, those items are not disclosed in this note. The following is a summary of significant transactions between the Company and other related parties:
$
$
$ 614,470,652 Valuation techniques and assumptions used in Level 2 fair value measurement
$ 613,514,692
a. Related party name and categories
Related Party Name
Related Party Categories
GUC VIS SSMC Xintec
b. Net revenue
Item
Net revenue from sale of goods
Related Party Categories Associates
Associates Associates Associates Associates
$
Years Ended December 31 2022 2021
15,351,465 $ 8,475,908
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