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Contact Information CONTACT INFORMATION Corporate Headquarters & Fab 12A TSMC North America Deputy Spokesperson/Corporate Communications 8, Li-Hsin Rd. 6, Hsinchu Science Park, Hsinchu 300-78, Taiwan, R.O.C. 2585 Junction Avenue, San Jose, CA 95134, U.S.A. Name: Elizabeth Sun Tel: 886-3-5636688 Fax: 886-3-5637000 Tel: 1-408-3828000 Fax: 1-408-3828008 Title: Director, TSMC Corporate Communication Division Tel: 886-3-5682085 Fax: 886-3-5637000 R&D Center & Fab 12B TSMC Europe B.V. Email: [email protected] 168, Park Ave. II, Hsinchu Science Park, Hsinchu 300-75, Taiwan, R.O.C. World Trade Center, Zuidplein 60, 1077 XV Amsterdam, The Netherlands Tel: 886-3-5636688 FAX: 886-3-6687827 Tel: 31-20-3059900 Fax: 31-20-3059911 Auditors Company: Deloitte & Touche Fab 2, Fab 5 TSMC Japan Limited Auditors: Yi-Hsin Kao, Hung-Wen Huang 121, Park Ave. 3, Hsinchu Science Park, Hsinchu 300-77, Taiwan, R.O.C. 21F, Queen’s Tower C, 2-3-5, Minatomirai, Nishi-ku, Yokohama Address: 12F, 156, Sec. 3, Min-Sheng E. Rd., Taipei 105-96, Taiwan R.O.C. Tel: 886-3-5636688 Fax: 886-3-5781546 Kanagawa, 220-6221, Japan Tel: 886-2-25459988 Fax: 886-2-25459966 Tel: 81-45-6820670 Fax: 81-45-6820673 Website: http://www.deloitte.com.tw Fab 3 9, Creation Rd. 1, Hsinchu Science Park, Hsinchu 300-77, Taiwan, R.O.C. TSMC China Company Limited Common Share Transfer Agent and Registrar Tel: 886-3-5636688 Fax: 886-3-5781548 4000, Wen Xiang Road, Songjiang, Shanghai, China Company: The Transfer Agency Department of Chinatrust Postcode: 201616 Commercial Bank Fab 6 Tel: 86-21-57768000 Fax: 86-21-57762525 Address: 5F, 83, Sec. 1, Chung-Ching S. Rd., Taipei 100-08, Taiwan, R.O.C. 1, Nan-Ke North Rd., Tainan Science Park, Tainan 741-44, Taiwan, R.O.C. Tel: 886-2-21811911 Fax: 886-2-23116723 Tel: 886-6-5056688 Fax: 886-6-5052057 TSMC Korea Limited Website: http://www.chinatrust.com.tw 15F, AnnJay Tower, 718-2, Yeoksam-dong, Gangnam-gu Fab 8 Seoul 135-080, Korea ADR Depositary Bank 25, Li-Hsin Rd., Hsinchu Science Park, Hsinchu 300-78, Taiwan, R.O.C. Tel: 82-2-20511688 Fax: 82-2-20511669 Company: Citibank, N.A. Tel: 886-3-5636688 Fax: 886-3-5662051 Depositary Receipts Services TSMC Liaison Office in India Address: 388 Greenwich Street, New York, NY 10013, U.S.A. Fab 14A 1st Floor, Pine Valley, Embassy Golf-Links Business Park Website: http://www.citi.com/dr 1-1, Nan-Ke North Rd., Tainan Science Park, Tainan 741-44, Taiwan Bangalore-560071, India Tel: 1-877-2484237 (toll free) R.O.C. Tel: 1-408-3827960 Fax: 1-408-3828008 Tel: 1-781-5754555 (out of US) Tel: 886-6-5056688 Fax: 886-6-5051262 Fax: 1-201-3243284 TSMC Design Technology Canada Inc. E-mail: [email protected] Fab 14B 535 Legget Dr., Suite 600, Kanata, ON K2K 3B8, Canada TSMC’s depositary receipts of the common shares are listed on New York 17, Nan-Ke 9th Rd., Tainan Science Park, Tainan 741-44, Taiwan, R.O.C. Tel: 613-576-1990 Stock Exchange (NYSE) under the symbol TSM. The information relating to Tel: 886-6-5056688 Fax: 886-6-5055217 Fax: 613-576-1999 TSM is available at http://www.nyse.com and http://mops.twse.com.tw Fab 15 TSMC Spokesperson 1, Keya Rd. 6., Cental Taiwan Science Park, Taichung 428-82, Taiwan Name: Lora Ho R.O.C. Title: Senior Vice President & CFO Tel: 886-4-27026688 Fax: 886-4-25607548 Tel: 886-3-5054602 Fax: 886-3-5637000 Email: [email protected] Copyright © 2014 by Taiwan Semiconductor Manufacturing Company, Ltd. All rights reserved. TABLE OF CONTENTS 1. Condensed Balance Sheet 2 2. Condensed Statement of Comprehensive Income / Condensed Statement of Income 3 3. Financial Analysis 6 4. Auditors’ Opinions from 2009 to 2013 10 5. Audit Committee’s Review Report 10 6. Financial Difficulties 10 7. Consolidated Financial Statements for the Years Ended December 31, 2013 and 2012 and Independent Auditors’ Report 10 8. Parent Company Only Financial Statements for the Years Ended December 31, 2013 and 2012 and Independent Auditors’ Report 72 1. Condensed Balance Sheet 1.1 Condensed Balance Sheet from 2012 to 2013 (Consolidated) 1.2 Condensed Balance Sheet from 2009 to 2011 (Consolidated) - Unit: NT$ thousands ROC GAAP Item 2012 2013 Unit: NT$ thousands Current Assets 250,325,436 358,486,654 Item 2009 2010 2011 Long-term Investments (Note 1) 65,717,240 89,183,810 Current Assets 259,803,748 261,519,317 225,260,396 Property, Plant and Equipment 617,562,188 792,665,913 Long-term Investments 37,845,503 39,775,528 34,458,504 Intangible Assets 10,959,569 11,490,383 Fixed Assets 273,674,787 388,444,023 490,374,916 Other Assets (Note 2) 16,790,075 11,228,217 Other Assets 23,372,182 29,190,036 24,171,126 Total Assets 961,354,508 1,263,054,977 Total Assets 594,696,220 718,928,904 774,264,942 Current Liabilities Current Liabilities Before Distribution 148,473,947 189,777,934 Before Distribution 79,133,288 123,191,113 117,006,687 After Distribution 226,247,254 (Note 3) After Distribution 156,841,408 200,921,349 194,755,355 Noncurrent Liabilities 89,786,655 225,501,958 Long-term Liabilities 11,388,479 12,050,755 20,458,493 Total Liabilities Other Liabilities 5,125,905 4,982,631 4,756,211 Before Distribution 238,260,602 415,279,892 Total Liabilities After Distribution 316,033,909 (Note 3) Before Distribution 95,647,672 140,224,499 142,221,391 Equity Attributable to Shareholders of the Parent After Distribution 173,355,792 217,954,735 219,970,059 Capital Stock 259,244,357 259,286,171 Capital Stock 259,027,066 259,100,787 259,162,226 Capital Surplus 55,675,340 55,858,626 Capital Surplus 55,486,010 55,698,434 55,846,357 Retained Earnings Retained Earnings Before Distribution 408,411,468 518,193,152 Before Distribution 181,882,682 265,779,571 322,191,155 After Distribution 330,638,161 (Note 3) After Distribution 104,174,562 188,049,335 244,442,487 Others (2,780,485) 14,170,306 Cumulative Transaction Adjustments (1,766,667) (6,543,163) (6,433,369) Equity Attributable to Shareholders of the Parent Unrealized Gain/Loss on Financial Instruments 453,621 109,289 (1,172,855) Before Distribution 720,550,680 847,508,255 Equity Attributable to Shareholders of the Parent After Distribution 642,777,373 (Note 3) Before Distribution 495,082,712 574,144,918 629,593,514 Noncontrolling Interests 2,543,226 266,830 After Distribution 417,374,592 496,414,682 551,844,846 Total Equity Minority Interests 3,965,836 4,559,487 2,450,037 Before Distribution 723,093,906 847,775,085 Total Equity After Distribution 645,320,599 (Note 3) Before Distribution 499,048,548 578,704,405 632,043,551 Note 1: Long-term investments consists of noncurrent available-for-sale financial assets, financial assets carried at cost and investments accounted for using equity After Distribution 421,340,428 500,974,169 554,294,883 method. Note 2: Other assets consists of deferred income tax assets, refundable deposits, and other noncurrent assets. Note 3: Pending for shareholders’ approval. 2 1.3 Condensed Balance Sheet from 2012 to 2013 (Unconsolidated) 1.4 Condensed Balance Sheet from 2009 to 2011 (Unconsolidated) - Unit: NT$ thousands ROC GAAP Item 2012 2013 Unit: NT$ thousands Current Assets 205,819,614 257,623,763 Item 2009 2010 2011 Long-term Investments (Note 1) 139,634,200 165,545,159 Current Assets 185,831,537 192,234,282 158,563,352 Property, Plant and Equipment 586,636,036 770,443,494 Long-term Investments 118,427,813 117,913,756 129,400,844 Intangible Assets 6,449,837 7,069,456 Fixed Assets 254,751,526 366,854,299 454,373,533 Other Assets (Note 2) 13,597,966 7,897,131 Other Assets 18,415,746 24,237,329 19,070,145 Total Assets 952,137,653 1,208,579,003 Total Assets 577,426,622 701,239,666 761,407,874 Current Liabilities Current Liabilities Before Distribution 144,528,616 187,195,744 Before Distribution 72,571,095 118,022,260 109,514,430 After Distribution 222,301,923 (Note 3) After Distribution 150,279,215 195,752,496 187,263,098 Noncurrent Liabilities 87,058,357 173,875,004 Long-term Liabilities 4,916,390 4,500,000 18,000,000 Total Liabilities Other Liabilities 4,856,425 4,572,488 4,299,930 Before Distribution 231,586,973 361,070,748 Total Liabilities After Distribution 309,360,280 (Note 3) Before Distribution 82,343,910 127,094,748 131,814,360 Equity After Distribution 160,052,030 204,824,984 209,563,028 Capital Stock 259,244,357 259,286,171 Capital Stock 259,027,066 259,100,787 259,162,226 Capital Surplus 55,675,340 55,858,626 Capital Surplus 55,486,010 55,698,434 55,846,357 Retained Earnings Retained Earnings Before Distribution 408,411,468 518,193,152 Before Distribution 181,882,682 265,779,571 322,191,155 After Distribution 330,638,161 (Note 3) After Distribution 104,174,562 188,049,335 244,442,487 Others (2,780,485) 14,170,306 Cumulative Transaction Adjustments (1,766,667) (6,543,163) (6,433,369) Total Equity Unrealized Gain/Loss on Financial Instruments 453,621 109,289 (1,172,855) Before Distribution 720,550,680 847,508,255 Total Equity After Distribution 642,777,373 (Note 3) Before Distribution 495,082,712 574,144,918 629,593,514 Note 1: Long-term investments consists of financial assets carried at cost and investments accounted for using equity method.
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