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Significant Contingent Liabilities and Unrecognized Commitments | 12 Months Ended
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Dec. 31, 2023
Commitments And Contingencies [Abstract] |
Significant Contingent Liabilities and Unrecognized Commitments | 41. SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNIZED COMMITMENTS Except for those disclosed in other notes, the Company’s significant commitments and contingent liabilities as of December 31, 2023 were as follows: a. Acquisitions of land and buildings of $49 million. b. Acquisitions of telecommunications-related inventory and equipment of $21,758 million. c. Unused letters of credit amounting to $10 million. d. A commitment to contribute $2,000 million to a Piping Fund administered by the Taipei City Government, of which $1,000 million was contributed by Chunghwa on August 15, 1996 (classified as other financial assets - noncurrent). If the fund is not sufficient, Chunghwa will contribute the remaining $1,000 million upon notification from the Taipei City Government. e. Chunghwa committed that when its ownership interest in NCB is greater than 25% and NCB encounters financial difficulty or the capital adequacy ratio of NCB cannot meet the related regulation requirements, Chunghwa will provide financial support to assist NCB in maintaining a healthy financial condition. f. Chunghwa signed a contract, the ST-2 Satellite Succession Plan, with Singapore Telecommunications Limited, for a total transaction price of EUR 177 million and SGD 51 million. As of December 31, 2023, Chunghwa had paid the amount of EUR 50 million (classified as prepayments - noncurrent). g. LED has signed the land presale contracts amounting to $4,244 million and has received $460 million in accordance with the contracts (classified as contract liabilities - current).

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- Definition Commitments and contingencies. + References No definition available. + Details
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- Definition The disclosure of commitments and contingent liabilities. [Refer: Contingent liabilities [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
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