Lease Arrangements (Tables)

12 Months Ended

Dec. 31, 2020

The Company expensed the lease payments as follows:

Future minimum lease payments under the above

non-cancellable

operating leases are as follows:


	December 31, 2018
	NT$
	(In Millions)

Not later than 1 year	$	5,824.1
Later than 1 year and not later than 5 years		5,834.9
Later than 5 years		9,190.6


	$	20,849.6

Right-of-use

assets


	December 31, 2019		December 31, 2020
	NT$		NT$
	(In Millions)		(In Millions)

Carrying amounts

Land	$	14,064.0	$	25,141.9
Buildings		2,351.8		2,544.8
Machinery and equipment		775.8		—
Office equipment		40.8		41.8


	$	17,232.4	$	27,728.5


	Years Ended December 31
	2019		2020
	NT$		NT$
	(In Millions)		(In Millions)

Additions to right-of-use assets	$	1,033.0	$	13,481.2


Depreciation of right-of-use assets
Land	$	957.1	$	1,312.9
Buildings		458.8		569.5
Machinery and equipment		1,184.4		775.8
Office equipment		22.4		23.4


	$	2,622.7	$	2,681.6


Income from subleasing right-of-use assets (classified under other operating income and expenses, net)	$	55.0	$	79.6


	December 31, 2019		December 31, 2020
	NT$		NT$
	(In Millions)		(In Millions)

Carrying amounts

Current portion (classified under accrued expenses and other current liabilities)	$	2,275.1	$	1,828.0
Noncurrent portion		15,041.8		20,560.6


	$	17,316.9	$	22,388.6

Ranges of discount rates for lease liabilities are as follows:

The maturity analysis of lease payments receivable under operating subleases is as follows:

e. Other lease information


	Years Ended December 31
	2019		2020
	NT$		NT$
	(In Millions)		(In Millions)
Expenses relating to short-term leases	$	5,007.1	$	3,153.5


Expenses relating to low-value asset leases	$	0.5	$	0.3


Expenses relating to variable lease payments not included in the measurement of lease liabilities	$	195.1	$	257.0


	Years Ended December 31
	2019		2020
	NT$		NT$
	(In Millions)		(In Millions)
Total cash outflow for leases	$	7,724.4	$	6,354.6