9. | AVAILABLE-FOR-SALE FINANCIAL ASSETS |
December 31, 2016 |
December 31, 2017 |
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NT$ | NT$ | |||||||
(In Millions) | (In Millions) | |||||||
Corporate bonds |
$ | 29,999.5 | $ | 40,165.2 | ||||
Agency bonds/Agency mortgage-backed securities |
14,880.5 | 29,235.4 | ||||||
Asset-backed securities |
11,254.7 | 13,459.5 | ||||||
Government bonds |
8,457.4 | 7,817.7 | ||||||
Publicly traded stocks |
3,196.7 | 2,548.1 | ||||||
Non-publicly traded stocks |
2,944.9 | 2,532.3 | ||||||
Mutual funds |
1,157.6 | 2,342.0 | ||||||
Commercial paper |
— | 148.3 | ||||||
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$ | 71,891.3 | $ | 98,248.5 | |||||
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Current portion |
$ | 67,788.8 | $ | 93,374.2 | ||||
Noncurrent portion |
4,102.5 | 4,874.3 | ||||||
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$ | 71,891.3 | $ | 98,248.5 | |||||
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Since there is a wide range of estimated fair values of the Company’s investments in non-publicly traded stocks, the Company concludes that the fair value cannot be reliably measured and therefore should be measured at the cost less any impairment.