Page 330 - TSMC 2022 Annual Report

Cost
Balance at January 1, 2021 Additions
Disposals or retirements
Balance at December 31, 2021
Accumulated amortization and impairment
Balance at January 1, 2021 Additions
Disposals or retirements
Balance at December 31, 2021
Carrying amounts at December 31, 2021
Technology Goodwill License Fees
$ 1,567,756 $ 22,110,332 - 1,372,806 - -
$ 1,567,756 $ 23,483,138
$ - $ 12,174,686 - 2,686,786 - -
$ - $ 14,861,472 $ 1,567,756 $ 8,621,666
Software and System Design Costs
$ 35,685,061 7,686,449
(299,060) $ 43,072,450
$ 29,683,225 4,214,190
(297,833) $ 33,599,582 $ 9,472,868
Patent and
Others Total
$ 11,245,851 $ 70,609,000 219,505 9,278,760
- (299,060) $ 11,465,356 $ 79,588,700
$ 7,017,492 $ 48,875,403 1,199,754 8,100,730
- (297,833) $ 8,217,246 $ 56,678,300 $ 3,248,110 $ 22,910,400
(Concluded)
The Company’s goodwill has been tested for impairment at the end of the annual reporting period and the
recoverable amount is determined based on the value in use. The value in use was calculated based on the cash flow forecast from the financial budgets covering the future five-year period, and the Company used annual discount rates of 8.7% and 8.0% in its test of impairment as of December 31, 2022 and 2021, respectively, to reflect the relevant specific risk in the cash-generating unit.
For the years ended December 31, 2022 and 2021, the Company did not recognize any impairment loss on goodwill.
16. SHORT-TERM LOANS
Unsecured loans
Loan content
EUR (in thousands) Annual interest rate Maturity date
17. BONDS PAYABLE
Domestic unsecured bonds
Less: Discounts on bonds payable Less: Current portion
December 31, 2022
$ 379,526,000 (295,526) (18,100,000)
$ 361,130,474
December 31, 2021
$ 114,921,333
$ 3,652,935 (0.73)%-0% Due by June
2022
December 31, 2021
$ 312,448,000 (264,591) (4,400,000)
$ 307,783,409
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