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 April 2003
Taiwan Semiconductor Manufacturing Company Ltd.
(Translation of Registrant's Name Into English)
No.121 Park Avenue III
Science-Based Industrial Park
Hsin-chu, 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 X Form 40-F
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(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 X
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(If "Yes" is marked, indicated below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82: _______.)
Taiwan Semiconductor Manufacturing Company Limited
April 10, 2003
This is to report the changes or status of 1) Sales volume 2) funds lent to
other parties 3) Endorsements and quarantees 4) Financial derivative
transactions for the period of March 2003.
1) Sales volume (NT$: Thousand)
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Time Items 2003 2002 Changes (%)
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Mar Invoice amount 11,867,952 14,033,188 -2,165,236 -15.43%
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Jan - Mar Invoice amount 36,013,404 38,235,641 -2,222,237 -5.81%
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Mar Net sales 13,851,377 12,276,775 1,574,602 12.83%
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Jan - Mar Net sales 39,325,313 35,789,714 3,535,599 9.88%
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2) Funds lent to other parties (NT$ Thousand)
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Limit of lending March Bal. As of period end
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TSMC 58,721,466 - -
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TSMC's subsidiaries 27,097,633 40 347,500
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3) Endorsements and quarantees (NT$ Thousand)
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Limit of endorsements March Bal. As of period end
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TSMC 59,768,660 2,720 23,630,000
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TSMC's subsidiaries N/A 0 0
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TSMC endorses for subsidiaries 2,720 23,630,000
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TSMC's subsidiaries endorse for TSMC 0 0
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TSMC endorses for PRC companies 0 0
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TSMC's subsidiaries endorse for PRC companies 0 0
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4) Financial derivative transactions
a-1. Hedging purpose (for assets / liabilities denominated in foreign currencies)
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Underlying assets / liabilities Liabilities: YEN: 6,823,385,000
EUR: 24,000,000
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Assets: US$ 1,000,000,000
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Financial instruments FX forward contracts
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Realized profit (loss) (NT$11,806,390)
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a-2. Hedging purpose (for the position of floating rate liabilities)
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Underlying assets / liabilities Liabilities: NT$5,000,000,000
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Financial instruments Interest rate swap
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Realized profit (loss) -
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b. Trading purpose: None.
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: April 10, 2003 By /s/ Harvey Chang
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Harvey Chang
Senior Vice President & Chief Financial Officer