Lease Arrangements

12 Months Ended

Dec. 31, 2024

16.	LEASE ARRANGEMENTS

Right-of-use assets


	December 31, 2023			December 31, 2024
		NT$			NT$
		(In Millions)			(In Millions)

Carrying amounts

Land		$	37,437.1		$	36,981.0
Buildings			2,946.0			3,103.9
Office equipment			41.6			43.5


		$	40,424.7		$	40,128.4


	Years Ended December 31
	2022			2023			2024
		NT$			NT$			NT$
		(In Millions)			(In Millions)			(In Millions)

Additions to right-of-use assets		$	12,610.7		$	2,145.4		$	4,579.6


Depreciation of right-of-use assets
Land		$	2,119.8		$	2,459.1		$	2,541.9
Buildings			928.7			976.1			1,114.3
Machinery and equipment			0.9			0.4			-
Office equipment			23.6			23.4			23.3


		$	3,073.0		$	3,459.0		$	3,679.5

Lease liabilities


	December 31, 2023			December 31, 2024
		NT$			NT$
		(In Millions)			(In Millions)
Carrying amounts

Current portion (classified under accrued expenses and other current liabilities)		$	2,810.6		$	3,049.0
Noncurrent portion			28,681.8			28,755.3


		$	31,492.4		$	31,804.3

Ranges of discount rates for lease liabilities are as follows:



	December 31, 2023		December 31, 2024

Land		0.39%-2.30%		0.39%-2.30%
Buildings		0.57%-6.52%		0.40%-6.52%
Office equipment		0.28%-7.13%		0.28%-6.46%

Material terms of right-of-use assets

The Company leases land and buildings mainly for the use of plants and offices with lease terms of 1 to 36 years. The lease contracts for land located in the R.O.C. specify that lease payments will be adjusted every 2 years on the basis of changes in announced land value prices. The Company does not have purchase options to acquire the leasehold land and buildings at the end of the lease terms.

Other lease information


	Years Ended December 31
	2022			2023			2024
		NT$			NT$			NT$
		(In Millions)			(In Millions)			(In Millions)

Expenses relating to short-term leases		$	4,731.1		$	1,215.1		$	181.2


Total cash outflow for leases		$	7,618.3		$	4,916.9		$	3,415.5