| Significant Contingent Liabilities and Unrecognized Commitments |
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SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNIZED COMMITMENTS | In addition to those disclosed in other notes, significant commitments and contingencies of the Group as of each balance sheet date were as follows:
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a. |
As of December 31, 2022 and 2023, unused letters of credit of the Group were approximately NT$579,000 thousand and NT$134,000 thousand (US$4,376 thousand), respectively. |
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b. |
As of December 31, 2022 and 2023, letters of bank guarantee provided to customs for the import and export of goods with bank facilities granted to the Group were approximately NT$622,539 thousand and NT$645,255 thousand (US$21,073 thousand), respectively. |
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c. |
As of December 31, 2022 and 2023, the Group’s commitments to purchase property, plant and equipment were approximately NT$59,675,567 thousand and NT$56,943,589 thousand (US$1,859,686 thousand), respectively, of which NT$3,689,863 thousand and NT$9,016,441 thousand (US$294,462 thousand) had been prepaid, respectively. |
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d. |
The Group entered into long-term purchase agreements of materials and supplies with multiple suppliers. The relative minimum purchase quantity is specified in the agreements. |
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e. |
The Group entered into long-term agreements with multiple customers. The relative minimum order quantity from customers and minimum purchase quantity of materials from suppliers are specified in the agreements. |
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f. |
In December 2013, in consideration of corporate social responsibility for environmental protection, the board of directors of ASE, approved the contributions of at least NT$100,000 thousand (US$3,266 thousand) annually to be made in the next 30 years, with a total amount of at least NT$ thousand (US$97,975 thousand), for promoting environmental protection efforts in Taiwan. In December 2023, the board of directors of ASE resolved the disbursements of NT$100,000 thousand (US$3,266 thousand) in 2024 to ASE Environmental Protection and Sustainability Foundation for promoting the environmental protection and charitable activities in Taiwan. |
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