XML 72 R58.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Investments Accounted for Using Equity Method (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Disclosure Of Significant Investments In Associates And Joint Ventures [Abstract] |
Summary of Investments Accounted for Using Equity Method |
|  | December 31 |
|  | 2022 |  |  | 2023 |
|  | NT$ |  |  | NT$ |
|  | (In Millions) |
Investments in associates |  | $ | 6,939 |  |  | $ | 8,243 |
Investment in joint venture |  |  | 10 |  |  |  | 9 |
|  | $ | 6,949 |  |  | $ | 8,252 |
Investments in Associates | a. Investments in associates Investments in associates were as follows:
|  | Carrying Amount |
|  | December 31 |
|  | 2022 |  |  | 2023 |
|  | NT$ |  |  | NT$ |
|  | (In Millions) |
Material associate |  |  |  |  |  |
Non-listed |  |  |  |  |  |
Next Commercial Bank Co., Ltd. (“NCB”) |  | $ | 3,173 |  |  | $ | 4,293 |
Associates that are not individually material |  |  |  |  |  |
Listed |  |  |  |  |  |
Senao Networks, Inc. (“SNI”) |  |  | 1,235 |  |  |  | 1,409 |
KingwayTek Technology Co., Ltd. (“KWT”) |  |  | 230 |  |  |  | 229 |
Non-listed |  |  |  |  |  |
Viettel-CHT Co., Ltd. (“Viettel-CHT”) |  |  | 558 |  |  |  | 543 |
Taiwan International Standard Electronics Co., Ltd. (“TISE”) |  |  | 293 |  |  |  | 309 |
Chunghwa PChome Fund I Co., Ltd. (“CPFI”) |  |  | 275 |  |  |  | 258 |
ST-2 Satellite Ventures Pte., Ltd. (“STS”) |  |  | 247 |  |  |  | 285 |
So-net Entertainment Taiwan Limited (“So-net”) |  |  | 228 |  |  |  | 226 |
WiAdvance Technology Corporation (“WATC”) |  |  | 228 |  |  |  | 212 |
KKBOX Taiwan Co., Ltd. (“KKBOXTW”) |  |  | 172 |  |  |  | 165 |
Taiwan International Ports Logistics Corporation (“TIPL”) |  |  | 100 |  |  |  | 120 |
CHT Infinity Singapore Pte. Ltd. (“CISG”) |  |  | 63 |  |  |  | 57 |
Click Force Co., Ltd. (“CF”) |  |  | 41 |  |  |  | 42 |
Imedtac Co., Ltd. (“IME”) |  |  | 41 |  |  |  | 47 |
AgriTalk Technology Inc. (“ATT”) |  |  | 35 |  |  |  | 31 |
Baohwa Trust Co., Ltd. (“BHT”) |  |  | 13 |  |  |  | 10 |
Cornerstone Ventures Co., Ltd. (“CVC”) |  |  | 7 |  |  |  | 7 |
Alliance Digital Tech Co., Ltd. (“ADT”) |  |  | — |  |  |  | — |
|  | $ | 6,939 |  |  | $ | 8,243 |
The percentages of ownership interests and voting rights in associates held by the Company as of balance sheet dates were as follows:
|  | % of Ownership Interests and Voting Rights |
|  | December 31 |
|  | 2022 |  |  | 2023 |
Material associate |  |  |  |  |  |
Non-listed |  |  |  |  |  |
Next Commercial Bank Co., Ltd. (“NCB”) |  |  | 42 |  |  |  | 46 |
Associates that are not individually material |  |  |  |  |  |
Listed |  |  |  |  |  |
Senao Networks, Inc. (“SNI”) |  |  | 34 |  |  |  | 34 |
KingwayTek Technology Co., Ltd. (“KWT”) |  |  | 23 |  |  |  | 23 |
Non-listed |  |  |  |  |  |
Viettel-CHT Co., Ltd. (“Viettel-CHT”) |  |  | 30 |  |  |  | 30 |
Taiwan International Standard Electronics Co., Ltd. (“TISE”) |  |  | 40 |  |  |  | 40 |
Chunghwa PChome Fund I Co., Ltd. (“CPFI”) |  |  | 50 |  |  |  | 50 |
ST-2 Satellite Ventures Pte., Ltd. (“STS”) |  |  | 38 |  |  |  | 38 |
So-net Entertainment Taiwan Limited (“So-net”) |  |  | 30 |  |  |  | 30 |
WiAdvance Technology Corporation (“WATC”) |  |  | 20 |  |  |  | 19 |
KKBOX Taiwan Co., Ltd. (“KKBOXTW”) |  |  | 30 |  |  |  | 30 |
Taiwan International Ports Logistics Corporation (“TIPL”) |  |  | 27 |  |  |  | 27 |
CHT Infinity Singapore Pte. Ltd. (“CISG”) |  |  | 40 |  |  |  | 40 |
Click Force Co., Ltd. (“CF”) |  |  | 49 |  |  |  | 49 |
Imedtac Co., Ltd. (“IME”) |  |  | 7 |  |  |  | 7 |
AgriTalk Technology Inc. (“ATT”) |  |  | 29 |  |  |  | 29 |
Baohwa Trust Co., Ltd. (“BHT”) |  |  | 40 |  |  |  | 25 |
Cornerstone Ventures Co., Ltd. (“CVC”) |  |  | 49 |  |  |  | 49 |
Alliance Digital Tech Co., Ltd. (“ADT”) |  |  | — |  |  |  | — |
Summarized financial information of NCB was set out below:
|  | December 31 |
|  | 2022 |  |  | 2023 |
|  | NT$ |  |  | NT$ |
|  | (In Millions) |
Assets |  | $ | 33,540 |  |  | $ | 37,431 |
Liabilities |  |  | (25,882 | ) |  |  | (28,084 | )
Equity |  | $ | 7,658 |  |  | $ | 9,347 |
The percentage of ownership interest held by the Company |  |  | 41.90 | % |  |  | 46.26 | %
Equity attributable to the Company |  | $ | 3,209 |  |  | $ | 4,324 |
Unrealized gain or loss from downstream transactions |  |  | (36 | ) |  |  | (31 | )
The carrying amount of investment |  | $ | 3,173 |  |  | $ | 4,293 |
|  | Year Ended December 31 |
|  | 2021 |  |  | 2022 |  |  | 2023 |
|  | NT$ |  |  | NT$ |  |  | NT$ |
|  |  |  |  | (In Millions) |  |  |  |
Net Revenues (losses) |  | $ | 15 |  |  | $ | (47 | ) |  | $ | 10 |
Net loss for the period |  | $ | (446 | ) |  | $ | (1,004 | ) |  | $ | (969 | )
Other comprehensive income (loss) |  |  | — |  |  |  | (10 | ) |  |  | 14 |
Total comprehensive loss for the period |  | $ | (446 | ) |  | $ | (1,014 | ) |  | $ | (955 | )
Except for NCB, no associate is considered individually material to the Company. Summarized financial information of associates that are not individually material to the Company was as follows:
|  | Year Ended December 31 |
|  | 2021 |  |  | 2022 |  |  | 2023 |
|  | NT$ |  |  | NT$ |  |  | NT$ |
|  |  |  |  | (In Millions) |  |  |  |
The Company’s share of profits |  | $ | 607 |  |  | $ | 868 |  |  | $ | 647 |
The Company’s share of other comprehensive income (loss) |  |  | (6 | ) |  |  | 13 |  |  |  | (23 | )
The Company’s share of total comprehensive income |  | $ | 601 |  |  | $ | 881 |  |  | $ | 624 |
The Level 1 fair values of associates based on the closing market prices as of the balance sheet dates were as follows:
|  | December 31 |
|  | 2022 |  |  | 2023 |
|  | NT$ |  |  | NT$ |
|  | (In Millions) |
SNI |  | $ | 3,299 |  |  | $ | 4,062 |
KWT |  | $ | 804 |  |  | $ | 988 |
Investments in Joint Ventures | b. Investment in joint venture Investment in joint venture was as follows:
|  | Carrying Amount |  |  | % of Ownership Interests and Voting Rights |
|  | December 31 |  |  | December 31 |
Name of Joint Venture |  | 2022 |  |  | 2023 |  |  | 2022 |  |  | 2023 |
Non-listed |  |  |  |  |  |  |  |  |  |  |  |
Chunghwa SEA Holdings (“CHT SEA”) |  | $ | 10 |  |  | $ | 9 |  |  |  | 51 |  |  |  | 51 |
The Company invested and established a joint venture, CHT SEA, with Delta Electronics, Inc. and Kwang Hsing Industrial Co., Ltd. and obtained 51% ownership interest of CHT SEA. However, according to the mutual agreements among stockholders, the Company does not individually direct CHT SEA’s relevant activities and has joint control with the other party; therefore, the Company treated CHT SEA as a joint venture.
|  | Year Ended December 31 |
|  | 2021 |  |  | 2022 |  |  | 2023 |
|  | NT$ |  |  | NT$ |  |  | NT$ |
|  |  |  |  | (In Millions) |  |  |  |
The Company’s share of loss |  | $ | — |  |  | $ | — |  |  | $ | — |
The Company’s share of other comprehensive income |  |  | — |  |  |  | — |  |  |  | — |
The Company’s share of total comprehensive loss |  | $ | — |  |  | $ | — |  |  | $ | — |
The above amounts are less than one million and not zero.

X
- Definition Disclosure of detailed information about investments accounted for using equity method. + References No definition available. + Details
Name: | cht_DisclosureOfDetailedInformationAboutInvestmentsAccountedForUsingEquityMethodExplanatory
Namespace Prefix: | cht_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of significant investments in associates and joint ventures. + References No definition available. + Details
Name: | cht_DisclosureOfSignificantInvestmentsInAssociatesAndJointVenturesAbstract
Namespace Prefix: | cht_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of joint ventures. [Refer: Joint ventures [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2023-01-01 -Paragraph 17 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=27&code=ifrs-tx-2023-en-r&anchor=para_17_b&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2023-01-01 -Paragraph 16 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=27&code=ifrs-tx-2023-en-r&anchor=para_16_b&doctype=Standard -URIDate 2023-03-23 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2023-01-01 -Paragraph B4 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2023-en-r&anchor=para_B4_b&doctype=Appendix&subtype=B -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfJointVenturesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of associates. [Refer: Associates [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2023-01-01 -Paragraph 17 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=27&code=ifrs-tx-2023-en-r&anchor=para_17_b&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2023-01-01 -Paragraph 16 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=27&code=ifrs-tx-2023-en-r&anchor=para_16_b&doctype=Standard -URIDate 2023-03-23 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2023-01-01 -Paragraph B4 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2023-en-r&anchor=para_B4_d&doctype=Appendix&subtype=B -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration