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Equity (Tables)
 12 Months Ended
Dec. 31, 2023
Disclosure Of Classes Of Share Capital [Line Items]  
Summary of Common Stocks
1)
Common stocks

 

 

 

December 31

 

 

 

2022

 

 

2023

 

 

 

NT$

 

 

NT$

 

 

 

(In Millions)

 

Number of authorized shares

 

 

12,000

 

 

 

12,000

 

Authorized shares

 

$

120,000

 

 

$

120,000

 

Number of issued and paid shares

 

 

7,757

 

 

 

7,757

 

Issued and outstanding shares

 

$

77,574

 

 

$

77,574

 
Adjustments of Additional Paid-in Capital

The adjustments of additional paid-in capital for the years ended December 31, 2021, 2022 and 2023 were as follows:

 

 

 

Share
Premium

 

 

Movements of
Additional
Paid-in
Capital
for Associates
and Joint
Ventures
Accounted for
Using Equity
Method

 

 

Movements of
Additional
Paid-in
Capital
Arising from
Changes in
Equities of
Subsidiaries

 

 

Difference
between
Consideration
Received or
Paid and
Carrying
Amount of the
Subsidiaries’
Net Assets
during Actual
Disposal or
Acquisition

 

 

Donated
Capital

 

 

Stockholders’
Contribution
Due to
Privatization

 

 

Total

 

 

 

NT$

 

 

NT$

 

 

NT$

 

 

NT$

 

 

NT$

 

 

NT$

 

 

NT$

 

 

 

(In Millions)

 

Balance on January 1, 2021

 

$

126,045

 

 

$

—

 

 

$

2,089

 

 

$

987

 

 

$

21

 

 

$

20,648

 

 

$

149,790

 

Unclaimed dividend

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2

 

 

 

—

 

 

 

2

 

Change in additional paid-in capital from
   investments in associates and joint ventures
   accounted for using equity method

 

 

—

 

 

 

1

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1

 

Share-based payment transactions of
   subsidiaries

 

 

—

 

 

 

—

 

 

 

17

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

17

 

Balance on December 31, 2021

 

$

126,045

 

 

$

1

 

 

$

2,106

 

 

$

987

 

 

$

23

 

 

$

20,648

 

 

$

149,810

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance on January 1, 2022

 

$

126,045

 

 

$

1

 

 

$

2,106

 

 

$

987

 

 

$

23

 

 

$

20,648

 

 

$

149,810

 

Unclaimed dividend

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2

 

 

 

—

 

 

 

2

 

Change in additional paid-in capital for not
   proportionately participating in the capital
   increase of subsidiaries

 

 

—

 

 

 

—

 

 

 

5

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

5

 

Share-based payment transactions of
   subsidiaries

 

 

—

 

 

 

—

 

 

 

27

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

27

 

Balance on December 31, 2022

 

$

126,045

 

 

$

1

 

 

$

2,138

 

 

$

987

 

 

$

25

 

 

$

20,648

 

 

$

149,844

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance on January 1, 2023

 

$

126,045

 

 

$

1

 

 

$

2,138

 

 

$

987

 

 

$

25

 

 

$

20,648

 

 

$

149,844

 

Unclaimed dividend

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2

 

 

 

—

 

 

 

2

 

Change in additional paid-in capital from
   investments in associates and joint ventures
   accounted for using equity method

 

 

—

 

 

 

(26

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(26

)

Actual acquisition of interests in subsidiaries

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Share-based payment transactions of
   subsidiaries

 

 

—

 

 

 

—

 

 

 

8

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

8

 

Balance on December 31, 2023

 

$

126,045

 

 

$

(25

)

 

$

2,146

 

 

$

987

 

 

$

27

 

 

$

20,648

 

 

$

149,828

 

 
Appropriations of Earnings

The appropriations of the 2021 and 2022 earnings of Chunghwa approved by the stockholders in their meetings on May 27, 2022 and May 26, 2023, respectively, were as follows:

 

 

 

Appropriation of Earnings

 

 

Dividends Per Share
(NT$)

 

 

 

For Fiscal
Year 2021

 

 

For Fiscal
Year 2022

 

 

For Fiscal
Year 2021

 

 

For Fiscal
Year 2022

 

Provision for (reversal of) special reserve

 

$

408

 

 

$

(185

)

 

 

 

 

 

 

Cash dividends

 

 

35,746

 

 

 

36,476

 

 

$

4.608

 

 

$

4.702

 

 

 

The appropriations of earnings for 2023 had been proposed by Chunghwa’s Board of Directors on February 23, 2024. The appropriations and dividends per share were as follows:

 

 

Appropriation
of Earnings

 

 

Dividends
Per Share (NT$)

 

 

 

 

 

 

 

 

Reversal of special reserve

 

$

(223

)

 

 

 

Cash dividends

 

 

36,910

 

 

$

4.758

 
Noncontrolling Interests
e.
Noncontrolling interests

 

 

Year Ended December 31

 

 

 

2021

 

 

2022

 

 

2023

 

 

 

NT$

 

 

NT$

 

 

NT$

 

 

 

(In Millions)

 

Beginning balance

 

$

11,158

 

 

$

11,747

 

 

$

12,408

 

Attributable to noncontrolling interests

 

 

 

 

 

 

 

 

 

Net income for the year

 

 

1,431

 

 

 

1,511

 

 

 

1,103

 

Exchange differences arising from the translation of the
     foreign operations

 

 

—

 

 

 

21

 

 

 

2

 

Unrealized gain or loss on financial assets at FVOCI

 

 

2

 

 

 

(25

)

 

 

(22

)

Remeasurements of defined benefit pension plans

 

 

(5

)

 

 

24

 

 

 

12

 

Income tax relating to remeasurements of defined benefit
     pension plans

 

 

1

 

 

 

(5

)

 

 

(2

)

Share of other comprehensive loss of associates and
     joint ventures accounted for using equity method

 

 

—

 

 

 

5

 

 

 

(21

)

Cash dividends distributed by subsidiaries

 

 

(896

)

 

 

(1,053

)

 

 

(1,092

)

Actual acquisition of interests in subsidiaries

 

 

—

 

 

 

—

 

 

 

—

 

Share-based payment transactions of subsidiaries

 

 

56

 

 

 

62

 

 

 

25

 

Change in additional paid-in capital for not proportionately
   participating in the capital increase of subsidiaries

 

 

—

 

 

 

10

 

 

 

—

 

Net increase in noncontrolling interests

 

 

—

 

 

 

111

 

 

 

19

 

Ending balance

 

$

11,747

 

 

$

12,408

 

 

$

12,432

 
FVOCI [Member]  
Disclosure Of Classes Of Share Capital [Line Items]  
Unrealized Gain or Loss on Financial Assets at FVOCI
2)
Unrealized gain or loss on financial assets at FVOCI

 

 

 

Year Ended December 31

 

 

 

2021

 

 

2022

 

 

2023

 

 

 

NT$

 

 

NT$

 

 

NT$

 

 

 

(In Millions)

 

Beginning balance

 

$

1,240

 

 

$

(8

)

 

$

(125

)

Unrealized gain or loss for the year

 

 

 

 

 

 

 

 

 

     Equity instruments

 

 

(1,188

)

 

 

(111

)

 

 

641

 

     Share of loss of associates and joint
         ventures accounted for using
         equity method

 

 

—

 

 

 

(6

)

 

 

5

 

     Transferred accumulated gain or loss to unappropriated
         earnings resulting from the disposal of equity
         instruments (Note 9)

 

 

(60

)

 

 

—

 

 

 

—

 

Ending balance

 

$

(8

)

 

$

(125

)

 

$

521