TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIM.
 

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 July 2004

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       þ                      Form 40-F       o

     (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 o                      No       þ

     (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
July 09, 2004

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 June 2004.

1) Sales volume (in NT$: thousand)

                                     
Period
  Items
  2004
  2003
  Changes
  (%)
June
  Invoice amount     21,745,171       15,873,844       5,871,327       36.99 %
Jan — June
  Invoice amount     117,151,501       81,238,679       35,912,822       44.21 %
June
  Net sales     22,519,074       17,846,112       4,672,962       26.18 %
Jan — June
  Net sales     122,382,446       89,247,465       33,134,981       37.13 %

2) Funds lent to other parties (in NT$: thousand)

                         
    Limit of lending
  June
  Bal. as of period end
TSMC
    65,842,862       0       0  
TSMC’s subsidiaries
    33,368,619 *     57,900 *     5,066,250  


*   The deviation was due to the fluctuation in currency exchange rate.

3) Endorsements and guarantees (in NT$: thousand)

                         
    Limit of endorsements
  June
  Bal. as of period end
TSMC
    82,303,577       208,440 *     18,238,500  
TSMC’s subsidiaries
    N/A       0       0  
TSMC endorses for subsidiaries
            208,440 *     18,238,500  
TSMC’s subsidiaries endorse for TSMC
            0       0  
TSMC endorses for PRC companies
            0       0  
TSMC’s subsidiaries endorse for PRC companies
            0       0  


*   The deviation was due to the fluctuation in currency exchange rate.

4) Financial derivative transactions (in thousand)

a-1. Hedging purpose (for assets / liabilities denominated in foreign currencies)

                         
Underlying assets / liabilities
  Liabilities:   YEN:     0  
 
          EUR:     20,000  
 
  Assets:   US$:     2,128,000  
Financial instruments
                  FX forward contracts
Recognized profit (loss)
                  (NT$19,215)

a-2. Hedging purpose (for the position of fixed rate liabilities / floating rate assets)

                         
Underlying assets / liabilities
  Liabilities:   NT$:     3,000,000  
 
          US$:     0  
 
  Assets   US$:     0  
Financial instruments
                  Interest rate swap
Recognized profit (loss)
                    0  

     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: July 9, 2004  By   /s/ Lora Ho    
    Lora Ho   
    Vice President & Chief Financial Officer