| 40. | SIGNIFICANT OPERATING LEASE ARRANGEMENTS |
The Company’s major significant operating leases are arrangements on several parcels of land, machinery and equipment and office premises.
The Company expensed the lease payments as follows:
| Years Ended December 31 | ||||||||||||||
| 2015 | 2016 | 2017 | ||||||||||||
| NT$ | NT$ | NT$ | ||||||||||||
| (In Millions) | (In Millions) | (In Millions) | ||||||||||||
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Minimum lease payments |
$ | 996.0 | $ | 1,135.7 | $ | 2,178.1 | ||||||||
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Future minimum lease payments under the above non-cancellable operating leases are as follows:
| December 31, 2016 |
December 31, 2017 |
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| NT$ | NT$ | |||||||
| (In Millions) | (In Millions) | |||||||
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Not later than 1 year |
$ | 1,321.5 | $ | 3,116.2 | ||||
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Later than 1 year and not later than 5 years |
3,677.4 | 5,174.7 | ||||||
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Later than 5 years |
6,624.0 | 8,905.9 | ||||||
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| $ | 11,622.9 | $ | 17,196.8 | |||||
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