Business Context and Reporting Period
This Form 6-K filing by Taiwan Semiconductor Manufacturing Company Limited (TSMC) covers the consolidated financial statements for the fiscal year ended December 31, 2025. The report, dated April 16, 2026, details the reconciliation of financial results between Taiwan-IFRSs and IFRSs as issued by the International Accounting Standards Board (IASB) for the purpose of the Form 20-F annual report.
Key Financial Metrics
The filing provides comparative data for 2025 under two accounting standards. All figures are in New Taiwan Dollars (NT$) in millions, except per share data.
| Metric | Taiwan-IFRSs | IASB IFRSs |
|---|---|---|
| Net Income (Attributable to Parent) | 1,717,883 | 1,697,604 |
| Basic EPS | NT$66.26 | NT$65.47 |
| Diluted EPS | NT$66.25 | NT$65.47 |
| Total Assets | 7,933,024 | 7,932,843 |
| Total Liabilities | 2,472,229 | 2,536,623 |
| Equity (Attributable to Parent) | 5,419,596 | 5,355,039 |
Note: The filing does not provide specific data on revenue, operating cash flow, gross margins, debt levels, or liquidity ratios.
Material Changes and Accounting Differences
The primary material difference between the two reporting standards relates to the timing of the recognition of R.O.C. tax on unappropriated earnings. This accounting treatment results in:
- A reduction in net income of approximately NT$20,279 million under IASB IFRSs compared to Taiwan-IFRSs.
- A decrease in equity attributable to shareholders of the parent of approximately NT$64,557 million under IASB IFRSs.
- An increase in total liabilities of approximately NT$64,394 million under IASB IFRSs.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, specific risk factors, or details on contingencies beyond the accounting reconciliation. The document serves strictly to disclose the differences in financial reporting standards.
Investor Verification Checklist
- Verify the impact of the R.O.C. tax on unappropriated earnings on the company's effective tax rate and retained earnings.
- Confirm the specific revenue and cash flow figures in the full Form 20-F, as they are not included in this 6-K summary.
- Review the full Form 20-F for detailed liquidity metrics and debt covenants, which are absent from this filing.