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Long-term bank loans
12 Months Ended
Dec. 31, 2019
Statement [LineItems]  
Long-term bank loans
25.
Long-term bank loans
 
Type of loans
  
Period and payment term
  
December 31,

2018
  
December 31,

2019
 
      
NT$000
  
NT$000
 
Syndicated bank loan
  Borrowing period is from May 30, 2018 to May 30, 2023; interest is repayable monthly; principal is repayable semi-annually from November 30, 2018   9,822,000   9,066,000 
Less: Fee on syndicated bank loan
     (32,482  (24,355
Less: Current portion (fee included)
     (747,422  (748,419
    
 
9,042,096
 
 
 
8,293,226
 
Interest rate range
    
 
1.7895
 
 
1.7895
Unused credit lines of long-term bank loans NT$000
    
 
1,800,000
 
 
 
1,800,000
 
 
 a)
On May 15, 2018, the Company entered into a syndicated loan with eleven banks in Taiwan, including Taiwan Cooperative Bank, in the amount of NT$12 billion with a term of five years. Funding from this syndicated loan was used to repay the existing debt of financial institutions and broaden the Company’s working capital. Pursuant to the syndicated loan agreement, the Group is required to maintain certain financial ratios including current ratio, interest protection multiples and debt to equity ratio during the loan periods.
 
 b)
On May 16, 2016, the Company entered into a syndicated loan with ten banks in Taiwan, including Land Bank of Taiwan, in the amount of NT$13.2 billion with a term of five years. Funding from this syndicated loan was used to repay the prior syndicated loan in 2014 and broaden the Company’s working capital. Pursuant to the syndicated loan agreement, the Group is required to maintain certain financial ratios including current ratio, interest protection multiples and debt to equity ratio during the loan periods. The syndicated loan was fully repaid in May 2018.
 
 c)
Information about the items related to the long-term bank loans that are pledged to others as collaterals is provided in Note 32.