2009 Business Overview - TSMC

2009 2008 2007 2006 2005 (1)LIABILITIES AND SHAREHOLDERS' EQUITYCURRENT LIABILITIESFinancial liabilities at fair value through profit or loss $ - $ 83,618 $ 247,646 $ 10,751 $ 234,279Accounts payable 9,678,849 4,314,265 9,485,818 6,143,679 8,052,106Payables to related parties 2,039,342 1,202,350 2,999,630 3,326,916 3,242,197Income tax payable 8,761,120 9,222,811 10,977,963 7,850,418 3,815,888Salary and bonus payable 8,677,299 1,601,897 1,632,177 1,535,384 1,820,788Accrued profit sharing to employees and bonus todirectors 6,771,338 15,148,057 - - -Payables to contractors and equipment suppliers 28,756,884 7,574,891 5,389,740 10,669,523 8,859,230Accrued expenses and other current liabilities 7,886,263 5,951,578 13,067,836 6,368,483 6,159,927Current portion of long-term bonds payable - 8,000,000 - 7,000,000 -Total current liabilities 72,571,095 53,099,467 43,800,810 42,905,154 32,184,415LONG-TERM LIABILITIESBonds payable 4,500,000 4,500,000 12,500,000 12,500,000 19,500,000Other long-term payables 416,390 931,252 1,501,462 1,271,896 1,511,100Other payables to related parties - - - 403,375 1,100,475Total long-term liabilities 4,916,390 5,431,252 14,001,462 14,175,271 22,111,575OTHER LIABILITIESAccrued pension cost 3,807,176 3,710,009 3,657,679 3,530,116 3,461,392Guarantee deposits 1,001,376 1,479,152 2,240,677 3,809,961 2,892,945Deferred credits 47,873 462,256 980,593 1,183,118 1,259,139Total other liabilities 4,856,425 5,651,417 6,878,949 8,523,195 7,613,476Total liabilities 82,343,910 64,182,136 64,681,221 65,603,620 61,909,466SHAREHOLDERS' EQUITYCapital stock - $10 par valueCommon stock 259,027,066 256,254,373 264,271,037 258,296,879 247,300,246Capital surplus 55,486,010 49,875,255 53,732,682 54,107,498 57,117,886Retained earningsAppropriated as legal capital reserve 77,317,710 67,324,393 56,406,684 43,705,711 34,348,208Appropriated as special capital reserve - 391,857 629,550 640,742 2,226,427Unappropriated earnings 104,564,972 102,337,417 161,828,337 152,778,079 106,196,399181,882,682 170,053,667 218,864,571 197,124,532 142,771,034OthersCumulative translation adjustments (1,766,667) 481,158 (1,072,853) (1,191,165) (640,742)Unrealized gain (loss) on financial instruments 453,621 (287,342) 680,997 561,615 -Treasury stock - - (49,385,032) (918,075) (918,075)(1,313,046) 193,816 (49,776,888) (1,547,625) (1,558,817)Total shareholders' equity 495,082,712 476,377,111 487,091,402 507,981,284 445,630,349TOTAL $ 577,426,622 $ 540,559,247 $ 551,772,623 $ 573,584,904 $ 507,539,815Note 1: Balances for 2005 have been reclassified to conform to 2006 presentation.(Concluded)21