77
Amata Corporation Public Company Limited 2009
As at 31 December 2009, certain buildings and equipment items have been fully depreciated but are still in use. The original cost of those assets amounted to approximately Baht 142.2 million (2008: Baht 100.7 million) (The Company only: Baht 88.9 million, 2008: Baht 49.8 million). The subsidiaries have pledged their assets amounting to approximately Baht 991.8 million (31 December 2008: Baht 334.1 million) as collateral against credit facilities received from financial institutions.
14. Land use rights The balance represents Amata (Vietnam) Joint Stock Company’s unamortized cost of rights to use land under the agreement entered into with the Vietnamese government. According to the agreement, the subsidiary company has been granted the right to use 100 hectares of land, valued at USD 5 million, for a period of 50 years for development of an industrial park. The company amortises the cost of these rights to cost of real estate development on the basis of the area leased to the customers. The costs of rights attributed to the area that has not been leased are amortised to expenses on a straight-line basis over the term of the rights.
15. Bank overdrafts and short-term loans from financial institutions
Interest rate
(Unit: Baht) Consolidated
(percent per annum)
Bank overdrafts
Separate
financial statements
MOR-1.00% -MOR+0.50%
financial statements
2009
2008
2009
2008
3,980,345
95,378,411
552,289
35,695,508
Short-term loans from financial
institutions Total
2.50% - 6.25%
528,448,670
680,000,000
423,448,670
530,000,000
532,429,015
775,378,411
424,000,959
565,695,508
16. Long-term loans These represent various long-term loans which the Company and its subsidiaries have obtained from banks. (Unit: Baht)
Loan facility
Consolidated
Separate
financial statements
financial statements
2009
2008
2009
2008
1.
Baht 11
million loan
3,850,000
6,050,000
-
-
2.
Baht 210 million loan
127,517,080
157,500,000
-
-
3.
Baht 148 million loan
126,880,000
102,000,000
-
-
4.
Baht 252 million loan
252,000,000
155,950,000
-
-
5.
Baht 395 million loan
264,220,000
-
-
-
6.
Baht
300 million loan
74,836,250
101,901,250
-
-
7.
Baht
500 million loan
500,000,000
500,000,000
-
-
8.
Baht
390 million loan
348,000,000
348,000,000
-
-
9.
Baht
110 million loan
110,000,000
-
-
-
10. Baht
300 million loan
300,000,000
-
-
-
million loan
-
75,000,000
-
75,000,000
12. Baht
500 million loan
100,000,000
175,000,000
100,000,000
175,000,000
13. Baht
100 million loan
20,000,000
40,000,000
20,000,000
40,000,000
11. Baht 500