1934 Act Registration No. 1-14700
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2019
Taiwan Semiconductor Manufacturing Company Ltd.
(Translation of Registrant’s Name Into English)
No. 8, Li-Hsin Rd. 6,
Hsinchu Science Park,
Taiwan
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F ☒ Form 40-F ☐
(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes ☐ No ☒
(If “Yes” is marked, indicated below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82: .)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Taiwan Semiconductor Manufacturing Company Ltd. | ||||||
| Date: March 8, 2019 | By | /s/ Lora Ho | ||||
| Lora Ho | ||||||
| Senior Vice President & Chief Financial Officer | ||||||
TSMC February 2019 Revenue Report
Hsinchu, Taiwan, R.O.C. – March 8, 2019 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenues for February 2019: On a consolidated basis, revenues for February 2019 were approximately NT$60.89 billion, a decrease of 22.0 percent from January 2019 and a decrease of 5.8 percent from February 2018. Revenues for January through February 2019 totaled NT$138.98 billion, a decrease of 3.7 percent compared to the same period in 2018.
TSMC February Revenue Report (Consolidated):
(Unit:NT$ million)
| Period |
February 2019 |
January 2019 |
M-o-M Increase (Decrease) % |
February 2018 |
Y-o-Y Increase (Decrease) % |
January to February 2019 |
January to February 2018 |
Y-o-Y Increase (Decrease) % |
||||||||||||||||||||||||
| Net Revenues |
60,889 | 78,094 | (22.0 | ) | 64,641 | (5.8 | ) | 138,983 | 144,381 | (3.7 | ) | |||||||||||||||||||||
| TSMC Spokesperson: Lora Ho Senior VP & CFO Tel: 886-3-505-4602 |
TSMC Acting Spokesperson: Elizabeth Sun Senior Director Corporate Communications Division Tel: 886-3-568-2085 Mobile: 886-988-937999 E-Mail: elizabeth_sun@tsmc.com |
For Further Information: Michael Kramer Project Manager PR Department Tel: 886-3-563-6688 Ext. 7125031 Mobile: 886-988-931352 E-Mail: pdkramer@tsmc.com |
Taiwan Semiconductor Manufacturing Company Limited
This is to report the changes or status of 1) sales volume, 2) funds lent to other parties, 3) endorsements and guarantees, and 4) financial derivative transactions for the period of February 2019.
| 1. | Sales volume (in NT$ thousands) |
| Period |
Items |
2019 | 2018 | |||||
| Feb. |
Net sales | 60,889,055 | 64,640,562 | |||||
| Jan.–Feb. |
Net sales | 138,982,882 | 144,381,234 | |||||
| 2. | Funds lent to other parties (in NT$ thousands) |
| Lending Company |
Limit of lending |
Amount Drawn | ||||
| Bal. as of period end | ||||||
| TSMC China* |
57,143,691 | 31,584,498 | ||||
| * | The borrower is TSMC Nanjing, a wholly-owned subsidiary of TSMC. |
| 3. | Endorsements and guarantees (in NT$ thousands): |
| Guarantor |
Limit of guarantee |
Amount | ||||||
| Bal. as of period end | ||||||||
| TSMC* |
419,204,416 | 2,559,808 | ||||||
| * | The guarantee was provided to TSMC North America, a wholly-owned subsidiary of TSMC. |
| 4. | Financial derivative transactions (in NT$ thousands) |
| (1) | Derivatives not under hedge accounting. |
| • | TSMC |
| Forward | ||||||||
| Margin Payment
|
|
—
|
| |||||
| Premium Income (Expense)
|
|
—
|
| |||||
| Outstanding Contracts |
Notional Amount
|
|
46,335,277
|
| ||||
| Mark to Market Profit/Loss
|
|
(118,573)
|
| |||||
| Unrealized Profit/Loss
|
|
(138,012)
|
| |||||
| Expired Contracts |
Notional Amount
|
|
66,496,673
|
| ||||
| Realized Profit/Loss
|
|
(42,850)
|
| |||||
| Equity price linked product (Y/N) |
N | |||||||
| • | TSMC China |
| Forward | ||||||||
| Margin Payment |
|
—
|
| |||||
| Premium Income (Expense) |
|
—
|
| |||||
| Outstanding Contracts |
Notional Amount
|
|
11,332,431
|
| ||||
| Mark to Market Profit/Loss
|
|
64,381
|
| |||||
| Unrealized Profit/Loss
|
|
37,959
|
| |||||
| Expired Contracts |
Notional Amount
|
|
20,892,978
|
| ||||
| Realized Profit/Loss
|
|
245,222
|
| |||||
| Equity price linked product (Y/N) |
N | |||||||
| • | VisEra Tech |
| Forward | ||||||||
| Margin Payment
|
|
—
|
| |||||
| Premium Income (Expense)
|
|
—
|
| |||||
| Outstanding Contracts |
Notional Amount
|
|
368,534
|
| ||||
| Mark to Market Profit/Loss
|
|
(81)
|
| |||||
| Unrealized Profit/Loss
|
|
(446)
|
| |||||
| Expired Contracts |
Notional Amount
|
|
660,469
|
| ||||
| Realized Profit/Loss |
|
(2,125)
|
| |||||
| Equity price linked product (Y/N) |
N | |||||||
| • | TSMC Nanjing |
| Forward | ||||||||
| Margin Payment |
|
—
|
| |||||
| Premium Income (Expense) |
|
—
|
| |||||
| Outstanding Contracts |
Notional Amount |
|
3,743,843
|
| ||||
| Mark to Market Profit/Loss |
|
(10,692)
|
| |||||
| Unrealized Profit/Loss |
|
(5,449)
|
| |||||
| Expired Contracts |
Notional Amount |
|
6,907,375
|
| ||||
| Realized Profit/Loss |
|
(73,525)
|
| |||||
| Equity price linked product (Y/N) |
N | |||||||
| (2) | Derivatives under hedge accounting. |
| • | TSMC |
| Forward | ||||||||
| Margin Payment |
|
—
|
| |||||
| Premium Income (Expense) |
|
—
|
| |||||
| Outstanding Contracts |
Notional Amount |
|
6,063,399
|
| ||||
| Mark to Market Profit/Loss |
|
9,153
|
| |||||
| Unrealized Profit/Loss |
|
(16,848)
|
| |||||
| Expired Contracts |
Notional Amount |
|
—
|
| ||||
| Realized Profit/Loss |
|
(5,426)
|
| |||||
| Equity price linked product (Y/N) |
N | |||||||
| • | TSMC Global |
| Future | ||||||||
| Margin Payment |
|
(68,292)
|
| |||||
| Premium Income (Expense) |
|
—
|
| |||||
| Outstanding Contracts |
Notional Amount |
|
8,148,854
|
| ||||
| Mark to Market Profit/Loss |
|
34,335
|
| |||||
| Unrealized Profit/Loss |
|
188,661
|
| |||||
| Expired Contracts |
Notional Amount |
|
11,234,282
|
| ||||
| Realized Profit/Loss |
|
(191,166)
|
| |||||
| Equity price linked product (Y/N) |
N | |||||||