TSMC Announces Reconciliation of Differences in Overseas Financial Reporting Due to Inconsistent Accounting Principles
TSMC disclosed the differences between accounting principles applied in Taiwan and the US for its 2025 financial reporting, primarily due to the varying recognition timing of deferred income tax on retained earnings. The report details figures for net profit, EPS, assets, and liabilities under both accounting standards.
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- 📰 Published: April 16, 2026 at 09:00
- 🔍 Collected: April 17, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 00:02 (40h 1m after Collected)
1. Date of occurrence: 2026/04/16
2. Financial reporting year/quarter: 2025
3. Accounting principle adopted for listed securities in the home country (in Chinese):
International Financial Reporting Standards (IFRS) approved and effective in Taiwan.
4. Differences in financial information for listed securities in the home country and their amounts (in Chinese):
Consolidated net profit attributable to owners of the parent: NT$1,717,883 million
Basic and diluted earnings per share after tax: NT$66.26 and NT$66.25 respectively
Total assets: NT$7,933,024 million
Total liabilities: NT$2,472,229 million
Non-controlling interests: NT$41,199 million
Equity attributable to owners of the parent: NT$5,419,596 million
5. Accounting principle adopted for securities issued overseas (in Chinese):
International Financial Reporting Standards (IFRS) issued and effective by the International Accounting Standards Board (IASB).
6. Differences in financial information for securities issued overseas and their amounts (in Chinese):
In the English annual report (Form 20-F) filed with the US SEC:
Consolidated net profit attributable to owners of the parent: NT$1,697,604 million
Basic and diluted earnings per share: NT$65.47
Total assets: NT$7,932,843 million
Total liabilities: NT$2,536,623 million
Non-controlling interests: NT$41,181 million
Equity attributable to owners of the parent: NT$5,355,039 million
7. Reason for differences (in Chinese):
The differences in accounting principles used for preparing financial reports in Taiwan and the US are mainly due to the different timing of recognition of deferred income tax on retained earnings.
8. Other matters to be notified: None.
2. Financial reporting year/quarter: 2025
3. Accounting principle adopted for listed securities in the home country (in Chinese):
International Financial Reporting Standards (IFRS) approved and effective in Taiwan.
4. Differences in financial information for listed securities in the home country and their amounts (in Chinese):
Consolidated net profit attributable to owners of the parent: NT$1,717,883 million
Basic and diluted earnings per share after tax: NT$66.26 and NT$66.25 respectively
Total assets: NT$7,933,024 million
Total liabilities: NT$2,472,229 million
Non-controlling interests: NT$41,199 million
Equity attributable to owners of the parent: NT$5,419,596 million
5. Accounting principle adopted for securities issued overseas (in Chinese):
International Financial Reporting Standards (IFRS) issued and effective by the International Accounting Standards Board (IASB).
6. Differences in financial information for securities issued overseas and their amounts (in Chinese):
In the English annual report (Form 20-F) filed with the US SEC:
Consolidated net profit attributable to owners of the parent: NT$1,697,604 million
Basic and diluted earnings per share: NT$65.47
Total assets: NT$7,932,843 million
Total liabilities: NT$2,536,623 million
Non-controlling interests: NT$41,181 million
Equity attributable to owners of the parent: NT$5,355,039 million
7. Reason for differences (in Chinese):
The differences in accounting principles used for preparing financial reports in Taiwan and the US are mainly due to the different timing of recognition of deferred income tax on retained earnings.
8. Other matters to be notified: None.