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Financial Assets at Fair Value through Other Comprehensive Income Noncurrent
12 Months Ended
Dec. 31, 2018
Held-to-maturity financial assets [Member]  
Disclosure of financial assets [Line Items]  
Financial Assets at Fair Value through Other Comprehensive Income Noncurrent

9.

FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME - NONCURRENT – 2018

 

 

 

December 31

 

 

 

2018

 

 

 

NT$

 

 

 

(In Millions)

 

Domestic investments

 

 

 

 

Listed stocks

 

$

2,900

 

Non-listed stocks

 

 

3,901

 

Foreign investments

 

 

 

 

Non-listed stocks

 

 

132

 

 

 

$

6,933

 

 

The Company holds the above foreign and domestic stocks for medium to long-term strategic purposes and expects to profit from long-term investment.  Accordingly, the management elected to designate these investments in equity instruments at FVOCI as they believe that recognizing short-term fair value fluctuations of these investments in profit or loss is not consistent with the Company’s strategy of holding these investments for long-term purposes.  These investments in equity instruments were classified as available-for-sale financial assets under IAS 39.  Refer to Note s 5 and 10 for information relating to their reclassification and comparative information for 2017.

The Company recognized dividend income of $396 million for the year ended December 31, 2018 from those investments still held on December 31, 2018.