Page 351 - TSMC 2022 Annual Report

28. CASH FLOW INFORMATION
a. Non-cash transactions
Additions of property, plant and equipment
Exchange of assets
Changes in payables to contractors and equipment suppliers Transferred to initial carrying amount of hedged items Capitalized interests
Payments for acquisition of property, plant and equipment
Additions of intangible assets
Changes in accrued expenses and other current liabilities
Payments for acquisition of intangible assets
b. Reconciliation of liabilities arising from financing activities
Years Ended December 31
2022
$ 956,066,006 (275,564) (57,334,833)
- (880,807)
$ 897,574,802
$
$ $
$
2021
783,332,395 (3,256,517)
13,292,746 (41,416)
- 793,327,208 9,278,760
(280,676) 8,998,084
Balance as of December 31, 2022
$- 379,230,474 29,623,262
$ 408,853,736
Balance as of December 31, 2021
$ 114,921,333 312,183,409 20,333,476
$ $
7,271,305 (591,434)
6,679,871
Short-term loans Bonds payable Lease liabilities
$ (111,959,992 ) (2,076,495 ) $ (53,106,015 )
Financing Cash Flow
$ $
(589,288 ) 44,772 231,037
(313,479 )
$ Total $
114,921,333
312,183,409 60,930,472
Balance as of January 1, 2022
Financing Cash Flow
Non-cash Changes
Foreign
Exchange Leases
Movement Modifications
$ (2,372,053) $ - 6,071,821 - - 11,135,244
$ 3,699,768 $ 11,135,244
Non-cash Changes
Foreign
Exchange Leases
Movement Modifications
$ (9,670,786) $ - (466,391 ) - - 1,940,397
Other Changes (Note)
20,333,476 447,438,218
Balance as of January 1, 2021
$
Other Changes (Note)
Short-term loans Bonds payable Lease liabilities
$ (50,538,933 ) 19,859,208 (1,622,246 )
$
(528,674 ) 27,212 156,117
175,659,726
173,050,745 139,571,843
Total $
Note: Other changes include discounts on short-term loans, amortization of bonds payable and financial cost of lease liabilities.
29. CAPITAL MANAGEMENT
The Company requires significant amounts of capital to build and expand its production facilities and acquire additional equipment. In consideration of the industry dynamics, the Company manages its capital in a manner to ensure that it has sufficient and necessary financial resources to fund its working capital needs, capital expenditures, research and development activities, dividend payments, debt service requirements and other business requirements associated with its existing operations over the next 12 months.
368,569,679 $ 87,410,664
$
(10,137,177 ) $ 1,940,397
$
(345,345 )
$ 447,438,218
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