(Unit: Million Baht) Consolidated financial statements 2007 Fixed interest rates Within Floating Non-interest 1 year 1-5 years interest rate bearing Financial liabilities - Bank overdrafts and short-term loans from banks - Short-term loans from a related party - Other short-term loans - Long-term loans from a related party - Long-term loans from a bank
5,596.00 60.00 50.00 1,000.00 6,706.00
400.00 400.00
75.94 1,800.00 1,875.94
-
Total
5,671.94 60.00 50.00 1,400.00 1,800.00 8,981.94
As at 31 December 2008 and 2007, the Company had entered into interest rate swap agreements as follow:
Contract date
18 November 2005
Due date
Notional Interest amount receipt rate (Million Baht) (Percent)
18 November 2008
400
29 June 2006
29 June 2009
600
29 June 2006
29 June 2009
200
14 January 2008 15 January 2008
19 March 2010 11 May 2010
500 500
Interest payment rate (Percent)
Floating rate Fixed rate for first year, floating rate for the next 2 years Floating rate Fixed rate for first year, floating rate for the next 2 years Floating rate Fixed rate for first year, floating rate for the next 2 years Floating rate Fixed rate Floating rate Fixed rate
Net fair value favorable (unfavorable) 2008 2007 (Million Baht) (Million Baht)
-
(11.22)
11.22
(1.39)
(3.04)
1.65
(0.46)
(1.02)
0.56
(14.82) (16.08)
-
Fair value represented gain (loss) from mark to market as at the balance sheet date.
154 Annual Report 2008
Change in fair value (Million Baht)
(14.82) (16.08)