XML 46 R31.htm IDEA: XBRL DOCUMENT v3.19.1
Provisions
 12 Months Ended
Dec. 31, 2018
Provisions [Abstract]  
Provisions

26.

PROVISIONS

 

 

 

December 31

 

 

 

2017

 

 

2018

 

 

 

NT$

 

 

NT$

 

 

 

(In Millions)

 

Warranties

 

$

132

 

 

$

132

 

Employee benefits

 

 

43

 

 

 

51

 

Trade-in right

 

 

87

 

 

 

—

 

Others

 

 

5

 

 

 

24

 

 

 

$

267

 

 

$

207

 

 

 

 

 

 

 

 

 

 

Current

 

$

189

 

 

$

128

 

Noncurrent

 

 

78

 

 

 

79

 

 

 

$

267

 

 

$

207

 

 

 

 

Warranties

 

 

Employee Benefits

 

 

Trade-in Rights

 

 

Others

 

 

Total

 

 

 

NT$

 

 

NT$

 

 

NT$

 

 

NT$

 

 

NT$

 

 

 

(In Millions)

 

Balance on January 1, 2016

 

$

213

 

 

$

30

 

 

$

—

 

 

$

5

 

 

$

248

 

Additional provisions recognized

 

 

81

 

 

 

9

 

 

 

31

 

 

 

—

 

 

 

121

 

Used / forfeited during the year

 

 

(183

)

 

 

(1

)

 

 

—

 

 

 

—

 

 

 

(184

)

Balance on December 31, 2016

 

$

111

 

 

$

38

 

 

$

31

 

 

$

5

 

 

$

185

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance on January 1, 2017

 

$

111

 

 

$

38

 

 

$

31

 

 

$

5

 

 

$

185

 

Additional provisions recognized

 

 

79

 

 

 

7

 

 

 

69

 

 

 

—

 

 

 

155

 

Used / forfeited during the year

 

 

(58

)

 

 

(2

)

 

 

(13

)

 

 

—

 

 

 

(73

)

Balance on December 31, 2017

 

$

132

 

 

$

43

 

 

$

87

 

 

$

5

 

 

$

267

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance on January 1, 2018

 

$

132

 

 

$

43

 

 

$

87

 

 

$

5

 

 

$

267

 

Effect of retrospective application of IFRS 15

 

 

—

 

 

 

—

 

 

 

(87

)

 

 

—

 

 

 

(87

)

Balance on January 1, 2018 as adjusted

 

 

132

 

 

 

43

 

 

 

—

 

 

 

5

 

 

 

180

 

Additional provisions recognized

 

 

164

 

 

 

9

 

 

 

—

 

 

 

19

 

 

 

192

 

Used / forfeited during the year

 

 

(164

)

 

 

(1

)

 

 

—

 

 

 

—

 

 

 

(165

)

Balance on December 31, 2018

 

$

132

 

 

$

51

 

 

$

—

 

 

$

24

 

 

$

207

 

 

 

a.

The provision for warranties claims represents the present value of the management’s best estimate of the future outflow of economic benefits that will be required under the Company’s obligation for warranties in sales agreements.  The estimate has been made based on the historical warranty experience.

 

b.

The provision for employee benefits represents vested long-term service compensation accrued.

 

c.

The provision for trade-in right in 2016 and 2017 was based on the management’s judgments to estimate the trade-in right of products exercised by customers in the future. The provision was recognized as a reduction of revenue in the period in which the goods are sold.