v3.24.1
Consolidated Statements of Cash Flows
$ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2023
TWD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
TWD ($)
Dec. 31, 2021
TWD ($)
CASH FLOWS FROM OPERATING ACTIVITIES        
Profit before income tax $ 42,611,823 $ 1,391,634 $ 81,763,628 $ 80,193,769
Adjustments for:        
Depreciation expense 54,195,380 1,769,934 51,520,810 50,470,157
Amortization expense 3,906,483 127,579 3,931,079 4,054,120
Net loss (gain) on fair value change of financial assets and liabilities at fair value through profit or loss (1,860,511) (60,761) (4,107,745) 1,490,005
Finance costs 6,272,086 204,836 4,009,782 2,831,307
Interest income (1,513,407) (49,425) (654,747) (542,329)
Dividend income (256,160) (8,366) (278,381) (289,852)
Share-based payment compensations 742,890 24,262 989,843 699,211
Share of profit of associates and joint ventures (1,080,600) (35,291) (1,185,377) (899,700)
Gain on disposal of property, plant and equipment (161,761) (5,283) (113,356) (71,770)
Loss (gain) on disposal of investments accounted for using the equity method (55,795) (1,822) (80,317) 67,482
Impairment loss recognized on financial assets 108,443 3,542 119,974 4,718
Impairment loss recognized on non-financial assets 3,536,506 115,497 2,359,055 774,712
Gain on disposal of subsidiaries (529,721) (17,300) 0 (17,340,418)
Gain from bargain purchase - acquisition of subsidiary       (33,114)
Net loss (gain) on foreign currency exchange 10,127 331 6,318,273 (1,668,522)
Others 34,888 1,139 6,766 (74,356)
Changes in operating assets and liabilities        
Financial assets mandatorily at fair value through profit or loss 8,453,963 276,093 7,070,941 2,174,012
Contract assets 631,097 20,611 (123,964) (1,345,069)
Trade receivables 15,868,810 518,250 754,156 (27,957,812)
Other receivables 348,614 11,385 (1,953,605) (354,849)
Inventories 25,401,815 829,582 (21,669,101) (23,325,588)
Other current assets (292,294) (9,546) 20,864 (819,252)
Other financial assets (718,946) (23,480) (3,476,090) (811,510)
Other operating activities assets 92,135 3,009 (606,418) 26,306
Financial liabilities held for trading (3,619,901) (118,220) (5,928,083) (3,814,095)
Trade payables (9,037,355) (295,145) (5,456,906) 13,654,819
Other payables (8,281,769) (270,469) 7,047,162 5,938,081
Other current liabilities (877,245) (28,649) 1,592,098 5,552,277
Other operating activities liabilities (182,534) (5,961) 5,265,384 2,017,904
Cash generated from operations 133,747,061 4,367,966 127,135,725 90,600,644
Interest received 1,479,507 48,318 652,679 527,551
Dividend received 668,883 21,845 957,611 655,537
Interest paid (5,998,956) (195,916) (3,494,516) (2,625,883)
Income tax paid (15,474,646) (505,377) (14,250,527) (7,423,947)
Net cash generated from operating activities 114,421,849 3,736,836 111,000,972 81,733,902
CASH FLOWS FROM INVESTING ACTIVITIES        
Purchase of financial assets at fair value through other comprehensive income (184,355) (6,021) (20,000) (32,246)
Proceeds from sale of financial assets at fair value through other comprehensive income       672
Return of capital from financial assets at fair value through other comprehensive income 188,347 6,151 63,051 14,201
Proceeds from sale of financial assets at amortized cost       26,531
Acquisition of associates and joint ventures (2,259,757) (73,800) (117,589) (226,560)
Proceeds from disposal of investments accounted for using the equity method 489,329 15,981    
Net proceeds outflow on acquisition of subsidiaries (1,224,183) (39,980)   (180,718)
Net proceeds from disposal of subsidiaries 2,093,700 68,377   23,941,276
Payments for property, plant and equipment (54,158,229) (1,768,721) (72,639,905) (70,905,659)
Proceeds from disposal of property, plant and equipment 475,326 15,523 749,757 1,605,002
Payments for intangible assets (395,651) (12,921) (382,767) (1,069,866)
Proceeds from disposal of intangible assets 9,901 323 4,932 1,421
Payments for right-of-use assets (35,851) (1,171) (682,602) (956,218)
Payments for investment properties (35,304) (1,153) (114,786)  
Increase in other financial assets (485,132) (15,844) (268,205) (372,091)
Decrease in other financial assets 226,397 7,394 252,845 447,665
Increase in other non-current assets (294,680) (9,624) (267,003) (1,416,675)
Decrease in other non-current assets 80,668 2,634 280,916 324,270
Income tax paid 0 0 (842,440) (570,700)
Proceeds from disposal of right-of-use assets       278,126
Other investing activities items 387,480 12,654 31,922  
Net cash used in investing activities (55,121,994) (1,800,198) (73,951,874) (49,091,569)
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from short-term borrowings 3,231,840 105,547 1,866,253 10,043,398
Proceeds from short-term bills payable 2,787,340 91,030    
Proceeds from bonds offering 2,426,634 79,250 6,365,377 3,280,943
Repayment of bonds payable (5,000,000) (163,292) (9,904,800) (7,000,000)
Proceeds from long-term borrowings 286,268,360 9,349,065 214,642,236 190,192,666
Repayment of long-term borrowings (300,531,590) (9,814,879) (244,158,657) (174,173,841)
Repayment of the principle portion of lease liabilities (1,136,666) (37,122) (1,035,019) (907,403)
Dividends paid (37,840,609) (1,235,813) (29,990,842) (18,082,500)
Proceeds from exercise of employee share options 1,175,260 38,382 1,069,255 2,727,915
Payments for buy-back of ordinary shares     (205,608) (5,529,255)
Decrease in non-controlling interests (484,348) (15,818) (1,108,010) (6,400,212)
Other financing activities items 2,740 89 1,009 (22,557)
Net cash used in financing activities (49,101,039) (1,603,561) (62,458,806) (5,870,846)
EFFECTS OF EXCHANGE RATE CHANGES ON THE BALANCE OF CASH AND CASH EQUIVALENTS HELD IN FOREIGN CURRENCY (954,692) (31,179) 7,376,757 (2,236,213)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 9,244,124 301,898 (18,032,951) 24,535,274
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 58,040,394 1,895,506 76,073,345 51,538,071
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR $ 67,284,518 $ 2,197,404 $ 58,040,394 $ 76,073,345