Taiwan Semiconductor Manufacturing Co Ltd
TWSE:2330
Cash Flow Statement
Cash Flow Statement
Taiwan Semiconductor Manufacturing Co Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
215 487
|
223 041
|
237 122
|
263 154
|
302 098
|
337 035
|
361 069
|
359 082
|
350 429
|
334 426
|
329 700
|
354 556
|
385 959
|
411 525
|
404 237
|
396 505
|
396 133
|
398 255
|
399 724
|
398 103
|
397 510
|
365 748
|
358 706
|
372 146
|
389 845
|
453 811
|
509 664
|
552 452
|
584 777
|
607 694
|
620 687
|
639 414
|
663 126
|
734 894
|
851 501
|
994 340
|
1 144 191
|
1 161 634
|
1 110 311
|
1 035 560
|
979 171
|
|
Depreciation & Amortization |
156 182
|
161 307
|
169 192
|
184 986
|
200 251
|
214 107
|
222 751
|
222 666
|
222 506
|
222 874
|
223 526
|
223 647
|
223 828
|
228 153
|
230 870
|
245 766
|
260 143
|
271 469
|
284 886
|
287 330
|
292 546
|
298 596
|
302 235
|
295 383
|
286 884
|
277 891
|
273 718
|
301 695
|
331 725
|
364 071
|
397 000
|
409 294
|
422 395
|
432 597
|
442 016
|
440 335
|
437 254
|
436 475
|
447 190
|
489 124
|
532 191
|
|
Other Non-Cash Items |
(4 103)
|
(1 813)
|
(3 714)
|
(5 558)
|
(1 239)
|
(1 850)
|
(23 124)
|
(20 519)
|
(25 337)
|
(29 709)
|
(3 970)
|
(9 638)
|
(8 950)
|
(15 402)
|
(16 945)
|
(14 789)
|
(17 316)
|
(11 525)
|
(8 973)
|
(10 489)
|
(9 055)
|
(9 226)
|
(12 509)
|
(13 703)
|
(20 369)
|
(19 634)
|
(24 677)
|
(20 480)
|
(14 137)
|
(18 273)
|
(15 744)
|
(19 795)
|
(22 329)
|
(13 924)
|
(12 320)
|
(1 806)
|
(6 793)
|
(21 035)
|
(27 636)
|
(43 712)
|
(53 388)
|
|
Cash Taxes Paid |
14 463
|
14 603
|
22 731
|
29 914
|
29 918
|
29 857
|
33 833
|
40 890
|
40 943
|
40 967
|
44 870
|
46 010
|
45 943
|
45 913
|
54 397
|
63 406
|
63 620
|
63 888
|
56 430
|
32 357
|
45 383
|
45 240
|
51 501
|
51 264
|
52 044
|
53 185
|
46 759
|
64 972
|
51 362
|
50 386
|
72 795
|
83 805
|
83 498
|
83 738
|
89 625
|
86 631
|
86 561
|
86 606
|
147 292
|
122 395
|
159 875
|
|
Cash Interest Paid |
1 331
|
1 863
|
1 846
|
2 833
|
3 193
|
3 191
|
3 517
|
3 154
|
3 156
|
2 984
|
3 232
|
3 600
|
3 302
|
3 869
|
3 396
|
3 060
|
3 483
|
3 224
|
3 643
|
3 372
|
3 233
|
3 424
|
3 315
|
3 495
|
3 597
|
3 386
|
3 168
|
2 164
|
1 781
|
1 577
|
1 631
|
2 851
|
3 834
|
4 165
|
7 445
|
7 637
|
12 219
|
12 986
|
14 983
|
17 084
|
17 359
|
|
Change in Working Capital |
(20 182)
|
(13 861)
|
(27 415)
|
(71 953)
|
(79 587)
|
(66 629)
|
(48 714)
|
(22 355)
|
(17 718)
|
(32 185)
|
(58 241)
|
(69 277)
|
(61 003)
|
(44 962)
|
(42 125)
|
(61 072)
|
(53 642)
|
(73 162)
|
(64 228)
|
(86 236)
|
(107 047)
|
(89 221)
|
(94 546)
|
(52 268)
|
(41 222)
|
(46 570)
|
(40 633)
|
(67 177)
|
(79 699)
|
(106 039)
|
(137 387)
|
(35 822)
|
48 969
|
102 948
|
126 728
|
69 047
|
35 947
|
46 601
|
(77 792)
|
(146 953)
|
(216 007)
|
|
Cash from Operating Activities |
347 384
N/A
|
368 675
+6%
|
375 186
+2%
|
370 629
-1%
|
421 524
+14%
|
482 664
+15%
|
511 982
+6%
|
538 876
+5%
|
529 879
-2%
|
495 407
-7%
|
491 016
-1%
|
499 287
+2%
|
539 835
+8%
|
579 314
+7%
|
576 038
-1%
|
566 412
-2%
|
585 318
+3%
|
585 036
0%
|
611 409
+5%
|
588 708
-4%
|
573 954
-3%
|
565 899
-1%
|
553 887
-2%
|
601 557
+9%
|
615 139
+2%
|
665 498
+8%
|
718 072
+8%
|
766 490
+7%
|
822 666
+7%
|
847 452
+3%
|
864 557
+2%
|
993 092
+15%
|
1 112 161
+12%
|
1 256 515
+13%
|
1 407 925
+12%
|
1 501 917
+7%
|
1 610 599
+7%
|
1 623 674
+1%
|
1 452 073
-11%
|
1 334 020
-8%
|
1 241 967
-7%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(290 345)
|
(325 059)
|
(319 486)
|
(313 076)
|
(292 400)
|
(226 343)
|
(207 242)
|
(229 667)
|
(261 801)
|
(250 919)
|
(271 033)
|
(304 642)
|
(332 288)
|
(396 566)
|
(428 442)
|
(386 881)
|
(335 069)
|
(303 716)
|
(258 324)
|
(266 402)
|
(322 682)
|
(328 655)
|
(384 739)
|
(413 101)
|
(469 752)
|
(585 115)
|
(602 521)
|
(602 183)
|
(516 781)
|
(571 985)
|
(608 159)
|
(698 830)
|
(848 236)
|
(862 345)
|
(912 776)
|
(990 218)
|
(1 089 626)
|
(1 129 693)
|
(1 161 217)
|
(1 121 372)
|
(955 335)
|
|
Other Items |
9 291
|
5 177
|
9 742
|
11 029
|
9 979
|
2 614
|
45 897
|
58 159
|
44 555
|
35 494
|
(34 989)
|
(53 476)
|
(63 151)
|
(52 756)
|
(24 393)
|
(24 732)
|
(1 096)
|
3 322
|
(3 926)
|
6 341
|
8 413
|
23 657
|
25 099
|
8 644
|
10 950
|
1 508
|
3 882
|
15 755
|
10 999
|
10 945
|
7 118
|
16 849
|
11 871
|
(17 843)
|
(73 593)
|
(103 521)
|
(101 302)
|
(45 393)
|
2 737
|
5 039
|
49 215
|
|
Cash from Investing Activities |
(281 054)
N/A
|
(319 881)
-14%
|
(309 744)
+3%
|
(302 046)
+2%
|
(282 421)
+6%
|
(223 729)
+21%
|
(161 345)
+28%
|
(171 508)
-6%
|
(217 246)
-27%
|
(215 425)
+1%
|
(306 022)
-42%
|
(358 118)
-17%
|
(395 440)
-10%
|
(449 323)
-14%
|
(452 836)
-1%
|
(411 615)
+9%
|
(336 165)
+18%
|
(300 394)
+11%
|
(262 250)
+13%
|
(260 060)
+1%
|
(314 269)
-21%
|
(304 998)
+3%
|
(359 640)
-18%
|
(404 457)
-12%
|
(458 802)
-13%
|
(583 606)
-27%
|
(598 639)
-3%
|
(586 428)
+2%
|
(505 782)
+14%
|
(561 040)
-11%
|
(601 041)
-7%
|
(681 981)
-13%
|
(836 366)
-23%
|
(880 188)
-5%
|
(986 369)
-12%
|
(1 093 740)
-11%
|
(1 190 928)
-9%
|
(1 175 086)
+1%
|
(1 158 480)
+1%
|
(1 116 333)
+4%
|
(906 121)
+19%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
125
|
40
|
48
|
44
|
47
|
55
|
48
|
48
|
34
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(872)
|
(872)
|
(872)
|
(872)
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
110 954
|
74 574
|
44 029
|
18 260
|
18 535
|
(7 625)
|
(31 020)
|
(4 704)
|
3 110
|
16 336
|
21 841
|
(17 868)
|
(4 511)
|
(10 649)
|
(3 174)
|
(19 273)
|
(27 737)
|
(40 059)
|
(101 711)
|
(37 738)
|
(34 102)
|
(32 777)
|
28 754
|
(26 934)
|
(6 026)
|
40 281
|
111 438
|
244 234
|
172 333
|
217 954
|
287 061
|
205 090
|
396 448
|
375 355
|
317 252
|
229 123
|
81 594
|
40 700
|
(1 789)
|
63 926
|
65 350
|
|
Cash Paid for Dividends |
(77 773)
|
0
|
0
|
(77 786)
|
(77 786)
|
0
|
0
|
(116 683)
|
(116 683)
|
0
|
0
|
(155 582)
|
(155 582)
|
0
|
0
|
(181 513)
|
(181 513)
|
0
|
0
|
(207 443)
|
(207 443)
|
0
|
0
|
(0)
|
(259 304)
|
(324 130)
|
(388 956)
|
(246 339)
|
(259 304)
|
(259 304)
|
(259 304)
|
(259 304)
|
(265 786)
|
(272 269)
|
(278 752)
|
(285 234)
|
(285 234)
|
(285 234)
|
(285 234)
|
(285 234)
|
(291 722)
|
|
Other |
(1 200)
|
(1 724)
|
(1 930)
|
(2 907)
|
26 875
|
26 905
|
26 558
|
26 926
|
(3 194)
|
(3 025)
|
(3 227)
|
(3 336)
|
2 293
|
1 328
|
1 317
|
(254)
|
(6 448)
|
(39 843)
|
(6 899)
|
(4 583)
|
(3 580)
|
30 310
|
(2 805)
|
(3 795)
|
(4 308)
|
(4 134)
|
(3 622)
|
(2 490)
|
(1 644)
|
8 111
|
8 122
|
7 334
|
5 947
|
689
|
9 324
|
8 854
|
4 267
|
(1 111)
|
(4 291)
|
21 949
|
21 478
|
|
Cash from Financing Activities |
32 106
N/A
|
(4 883)
N/A
|
(35 626)
-630%
|
(62 388)
-75%
|
(32 328)
+48%
|
(58 450)
-81%
|
(82 199)
-41%
|
(94 414)
-15%
|
(116 734)
-24%
|
(103 369)
+11%
|
(98 070)
+5%
|
(176 786)
-80%
|
(157 800)
+11%
|
(164 903)
-5%
|
(157 439)
+5%
|
(201 040)
-28%
|
(215 698)
-7%
|
(261 415)
-21%
|
(290 123)
-11%
|
(249 764)
+14%
|
(245 125)
+2%
|
(209 910)
+14%
|
(181 494)
+14%
|
(238 172)
-31%
|
(269 638)
-13%
|
(287 983)
-7%
|
(281 140)
+2%
|
(4 594)
+98%
|
(88 615)
-1 829%
|
(33 239)
+62%
|
35 879
N/A
|
(46 879)
N/A
|
136 608
N/A
|
102 904
-25%
|
46 954
-54%
|
(48 128)
N/A
|
(200 244)
-316%
|
(245 645)
-23%
|
(291 314)
-19%
|
(199 359)
+32%
|
(204 894)
-3%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
850
|
1 758
|
(594)
|
3 089
|
9 060
|
5 231
|
5 404
|
16 891
|
8 259
|
3 959
|
6 539
|
(16 142)
|
(8 030)
|
(18 347)
|
(17 655)
|
(9 652)
|
(21 318)
|
(10 170)
|
2 725
|
1 771
|
9 862
|
16 897
|
4 716
|
4 771
|
(9 114)
|
(8 802)
|
(20 377)
|
(23 703)
|
(23 498)
|
(19 223)
|
(19 027)
|
(14 615)
|
(7 584)
|
7 632
|
36 698
|
82 152
|
58 397
|
30 700
|
21 256
|
(2 534)
|
(8 339)
|
|
Net Change in Cash |
99 286
N/A
|
45 669
-54%
|
29 222
-36%
|
9 284
-68%
|
115 835
+1 148%
|
205 716
+78%
|
273 842
+33%
|
289 845
+6%
|
204 158
-30%
|
180 572
-12%
|
93 463
-48%
|
(51 759)
N/A
|
(21 435)
+59%
|
(53 259)
-148%
|
(51 892)
+3%
|
(55 895)
-8%
|
12 138
N/A
|
13 057
+8%
|
61 761
+373%
|
80 655
+31%
|
24 423
-70%
|
67 887
+178%
|
17 469
-74%
|
(36 302)
N/A
|
(122 415)
-237%
|
(214 893)
-76%
|
(182 084)
+15%
|
151 765
N/A
|
204 771
+35%
|
233 951
+14%
|
280 369
+20%
|
249 617
-11%
|
404 820
+62%
|
486 862
+20%
|
505 207
+4%
|
442 201
-12%
|
277 824
-37%
|
233 643
-16%
|
23 535
-90%
|
15 794
-33%
|
122 614
+676%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
57 039
N/A
|
43 616
-24%
|
55 700
+28%
|
57 553
+3%
|
129 124
+124%
|
256 321
+99%
|
304 740
+19%
|
309 209
+1%
|
268 079
-13%
|
244 488
-9%
|
219 983
-10%
|
194 645
-12%
|
207 546
+7%
|
182 748
-12%
|
147 596
-19%
|
179 531
+22%
|
250 249
+39%
|
281 320
+12%
|
353 085
+26%
|
322 306
-9%
|
251 272
-22%
|
237 243
-6%
|
169 147
-29%
|
188 455
+11%
|
145 387
-23%
|
80 383
-45%
|
115 551
+44%
|
164 307
+42%
|
305 885
+86%
|
275 468
-10%
|
256 398
-7%
|
294 262
+15%
|
263 924
-10%
|
394 170
+49%
|
495 149
+26%
|
511 699
+3%
|
520 973
+2%
|
493 981
-5%
|
290 856
-41%
|
212 648
-27%
|
286 632
+35%
|