English Translation of Financial Statements Originally Issued in Chinese Taiwan Semiconductor Manufacturing Company Limited and Subsidiaries Consolidated Financial Statements for the Nine Months Ended September 30, 2023 and 2022 and Independent Auditors' Review Report 勤業眾信聯合會計師事務所 勤業眾信 11073 台北市信義區松仁路100號20樓 Deloitte & Touche 20F, Taipei Nan Shan Plaza No. 100, Songren Rd., Xinyi Dist., Taipei 11073, Taiwan Tel :+886 (2) 2725-9988 Fax:+886 (2) 4051-6888 www.deloitte.com.tw INDEPENDENT AUDITORS' REVIEW REPOR ...

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Q3 2023 Results Conference Call October 19, 2023 2:00 AM ET Company Participants Jeff Su - Director, IR Wendell Huang - VP & CFO Dr. C. C. Wei - Vice Chairman & CEO Conference Call Participants Gokul Hariharan - JP Morgan Charlie Chan - Morgan Stanley Bruce Lu - Goldman Sachs Laura Chen - Citi Brett Simpson - Arete Brad Lin - Bank of America Sunny Lin - UBS Mehdi Hosseini - FIG Krish Sankar - TD Cowen Charles Shi - Needham Jeff Su This is Jeff Su ...

Financial Position - Total current assets as of June 30, 2023, were NT$1,959,964,207, a decrease of 4.5% from NT$2,052,896,744 as of December 31, 2022[11] - Total noncurrent assets increased to NT$3,189,500,838, representing 62% of total assets, compared to 59% as of December 31, 2022[11] - Total liabilities decreased to NT$1,943,996,846, accounting for 38% of total assets, down from 40% at the end of 2022[11] - Equity attributable to shareholders of the parent increased to NT$3,188,750,455, representing 62% of total equity, compared to 59% at the end of 2022[11] - Unappropriated earnings rose to NT$2,542,569,779, which is 49% of total equity, up from 47% at the end of 2022[11] - Cash and cash equivalents decreased to NT$1,276,723,984, representing 25% of total assets, down from 27% at the end of 2022[11] - Total equity increased to NT$3,205,468,199, representing 62% of total assets, compared to 60% at the end of 2022[11] Revenue and Profitability - Net revenue for Q2 2023 was NT$480.84 billion, a decrease of 10% from NT$534.14 billion in Q2 2022[13] - Gross profit for Q2 2023 was NT$260.20 billion, representing a gross margin of 54%, down from 59% in Q2 2022[13] - Income from operations for Q2 2023 was NT$201.96 billion, a decline of 23% from NT$262.12 billion in Q2 2022[13] - Net income for Q2 2023 was NT$181.72 billion, down 23% from NT$237.18 billion in Q2 2022, resulting in a net income margin of 38%[13] - Basic earnings per share for Q2 2023 were NT$7.01, compared to NT$9.14 in Q2 2022[13] - Total comprehensive income for Q2 2023 was NT$187.38 billion, a decrease of 25% from NT$248.56 billion in Q2 2022[13] Expenses and Costs - Operating expenses increased to NT$58.19 billion in Q2 2023, accounting for 12% of net revenue, compared to 10% in Q2 2022[13] - Research and development expenses for Q2 2023 were NT$41.67 billion, representing 9% of net revenue, up from 8% in Q2 2022[13] - The income tax expense for Q2 2023 was NT$32.96 billion, which is 7% of income before tax, compared to 6% in Q2 2022[13] Cash Flow and Investments - Net cash generated by operating activities decreased to NT$552,492,724 in 2023 from NT$711,019,117 in 2022, reflecting a decline of 22.3%[17] - Net cash used in investing activities was NT$531,557,871 in 2023, a decrease from NT$564,005,897 in 2022, indicating a reduction of 5.8%[18] - Interest received increased significantly to NT$26,625,674 in 2023 from NT$4,322,973 in 2022, representing a growth of 516.5%[18] Assets and Liabilities - Total accounts receivable at amortized cost was $186,145,621,000 as of June 30, 2023, down from $222,761,927,000 as of December 31, 2022[64] - Finished goods inventory decreased to $30,939,982,000 as of June 30, 2023, from $54,818,402,000 as of December 31, 2022[69] - The company reported a loss allowance for accounts receivable of $588,769,000 as of June 30, 2023, an increase from $331,646,000 as of December 31, 2022[68] Shareholder Returns - Cash dividends paid to shareholders amounted to $149,104,759, which is a significant distribution reflecting the company's commitment to returning value to shareholders[15] - TSMC's cash dividends to shareholders for the second quarter of 2023 amounted to $77,796,213, maintaining a cash dividend per share of NT$3[101] Related Party Transactions - Net revenue from sales to related parties for the three months ended June 30, 2023, was $3,364,448,000, compared to $3,686,117,000 for the same period in 2022, indicating a decrease of approximately 8.7%[180] - Total purchases from related parties for the six months ended June 30, 2023, were $2,381,385,000, down from $3,098,068,000 in the same period of 2022, representing a decline of about 23.2%[180] Financial Instruments and Risk Management - The company has forward exchange contracts with a total contract amount of NT$69,835,705 for selling NT$ from July 2023 to October 2023[45] - TSMC's ten largest customers accounted for 82% of accounts receivable as of June 30, 2023, indicating a high concentration of credit risk[155] - A hypothetical adverse foreign currency exchange rate change of 10% would have decreased TSMC's net income by NT$489,135 thousand for the six months ended June 30, 2023[146] Capital Structure - The company has authorized capital of $280,500,000 with issued and paid shares totaling $259,320,710 as of June 30, 2023, showing stability in capital structure[90] - The total amount of domestic unsecured bonds as of June 30, 2023, is $901,710,299, up from $834,336,439 at the end of 2022, representing an increase of approximately 8.7%[85] Employee Compensation - TSMC's profit sharing bonus to employees for the six months ended June 30, 2023, was $26,260,235, an increase of 13.2% from $23,225,536 in the same period of 2022[132] - Compensation to key management personnel totaled $1,014,464 million for the three months ended June 30, 2023, down from $1,192,916 million in the same period of 2022, representing a decrease of approximately 15%[185]

UnleashInnovation Unleash Innovation 2023 Second Quarter Earnings Conference ...

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Q2 2023 Earnings Conference Call July 20, 2023 2:00 AM ET Company Participants Jeff Su - Director, IR Wendell Huang - VP & CFO C. C. Wei - Vice Chairman & CEO Mark Liu - Chairman Conference Call Participants Gokul Hariharan - JPMorgan Bruce Lu - Goldman Sachs Charlie Chan - Morgan Stanley Randy Abrams - Credit Suisse Laura Chen - Citi Rolf Bulk - New Street Research Sunny Lin - UBS Brett Simpson - Arete Mehdi Hosseini - SIG Charles Shi - Needham ...

English Translation of Financial Statements Originally Issued in Chinese Taiwan Semiconductor Manufacturing Company Limited and Subsidiaries Consolidated Financial Statements for the Three Months Ended March 31, 2023 and 2022 and Independent Auditors’ Review Report - <#> - 勤業眾信 勤業眾信聯合會計師事務所 11073 台北市信義區松仁路100號20樓 Deloitte & Touche 20F, Taipei Nan Shan Plaza No. 100, Songren Rd., Xinyi Dist., Taipei 11073, Taiwan Tel :+886 (2) 2725-9988 Fax:+886 (2) 4051-6888 www.deloitte.com.tw INDEPENDENT AUDITORS’ REVIEW ...

UnleashInnovation Unleash Innovation 2023 First Quarter Earnings Conference ...

Taiwan Semiconductor Manufacturing Co Limited (NYSE:TSM) Q1 2023 Earnings Conference Call April 20, 2023 2:00 AM ET Company Participants Jeff Su - Director, IR Wendell Huang - VP & CFO C. C. Wei - Vice Chairman & CEO Conference Call Participants Gokul Hariharan - JPMorgan Chase & Co. Bruce Lu - Goldman Sachs Group Randy Abrams - Crédit Suisse Charlie Chan - Morgan Stanley Krish Sankar - TD Cowen Brett Simpson - Arete Research Services Mehdi Hosseini - Susquehanna Financial Group Laura Chen - Citigroup Sunny ...

TSMC Reports First Quarter EPS of NT$7.98 HSINCHU, Taiwan, R.O.C., Apr. 20, 2023 -- TSMC (TWSE: 2330, NYSE: TSM) today announced consolidated revenue of NT$508.63 billion, net income of NT$206.99 billion, and diluted earnings per share of NT$7.98 (US$1.31 per ADR unit) for the first quarter ended March 31, 2023. Year-over-year, first quarter revenue increased 3.6% while net income and diluted EPS both increased 2.1%. Compared to fourth quarter 2022, first quarter results represented an 18.7% decrease in rev ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of ...