XML 47 R32.htm IDEA: XBRL DOCUMENT v3.23.1
Provisions
 12 Months Ended
Dec. 31, 2022
Provisions [abstract]  
Provisions
27.
PROVISIONS

 

 

 

December 31

 

 

 

2021

 

 

2022

 

 

 

NT$

 

 

NT$

 

 

 

(In Millions)

 

Warranties

 

$

213

 

 

$

235

 

Onerous contracts

 

 

147

 

 

 

95

 

Employee benefits

 

 

63

 

 

 

65

 

Others

 

 

4

 

 

 

4

 

 

 

$

427

 

 

$

399

 

 

 

 

 

 

 

 

Current

 

$

285

 

 

$

226

 

Noncurrent

 

 

142

 

 

 

173

 

 

 

$

427

 

 

$

399

 

 

 

 

Warranties

 

 

Onerous Contracts

 

 

Employee Benefits

 

 

Others

 

 

Total

 

 

 

NT$

 

 

NT$

 

 

NT$

 

 

NT$

 

 

NT$

 

 

 

(In Millions)

 

Balance on January 1, 2020

 

$

173

 

 

$

67

 

 

$

59

 

 

$

5

 

 

$

304

 

Additional / (reversal of) provisions recognized

 

 

131

 

 

 

92

 

 

 

(2

)

 

 

—

 

 

 

221

 

Used / forfeited during the year

 

 

(122

)

 

 

(3

)

 

 

—

 

 

 

—

 

 

 

(125

)

Acquired by business combinations (Note 14)

 

 

—

 

 

 

15

 

 

 

—

 

 

 

—

 

 

 

15

 

Balance on December 31, 2020

 

$

182

 

 

$

171

 

 

$

57

 

 

$

5

 

 

$

415

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance on January 1, 2021

 

$

182

 

 

$

171

 

 

$

57

 

 

$

5

 

 

$

415

 

Additional / (reversal of) provisions recognized

 

 

102

 

 

 

(24

)

 

 

7

 

 

 

(1

)

 

 

84

 

Used / forfeited during the year

 

 

(71

)

 

 

—

 

 

 

(1

)

 

 

—

 

 

 

(72

)

Effect of foreign exchange differences

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Balance on December 31, 2021

 

$

213

 

 

$

147

 

 

$

63

 

 

$

4

 

 

$

427

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance on January 1, 2022

 

$

213

 

 

$

147

 

 

$

63

 

 

$

4

 

 

$

427

 

Additional / (reversal of) provisions recognized

 

 

108

 

 

 

(52

)

 

 

2

 

 

 

—

 

 

 

58

 

Used / forfeited during the year

 

 

(86

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(86

)

Effect of foreign exchange differences

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Balance on December 31, 2022

 

$

235

 

 

$

95

 

 

$

65

 

 

$

4

 

 

$

399

 

 

a.
The provision for warranty 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 historical warranty experience.
b.
The provision for employee benefits represents vested long-term service compensation accrued.
c.
The provision for onerous contracts represents the present obligation resulting from the measurement for the unavoidable costs of meeting the Company’s contractual obligations exceed the economic benefits expected to be received from the contracts.