Annual Report 2013 EN

Page 183

d) The Company and its subsidiaries have commitments in respect of an agreement leasing the location of the office and other service agreements with a major shareholder and car leasing agreements. The terms of the agreement are 3 to 5 years. As at 31 December 2013, future minimum lease payments under these operating leases contracts were as follows. (Unit: Million Baht)

Consolidated financial statements 2013 2012 Payable: In up to 1 year In over 1 and up to 5 years

7.5 13.8

1.7 -

Separate financial statements 2013 2012 3.1 8.7

-

e) The subsidiary has commitments in respect of an agreement leasing the location of its office in the Lao People没s Democratic Republic. The term of the agreement is 25 years. As at 31 December 2013, future minimum lease payments required under this operating leases contract were as follows. (Unit: Thousand USD)

As at 31 December 2013 2012 Payable: In up to 1 year In over 1 and up to 5 years In over 5 years

51 212 933

51 209 987

f) The subsidiary has commitments in respect of an agreement leasing land for locating gas pipelines with the State Railway of Thailand and agreement leasing land with a related company for a period of 3 years. As at 31 December 2013, future minimum lease payments under these operating leases contracts were as follows. (Unit: Million Baht)

As at 31 December 2013 2012 Payable: In up to 1 year

5.0

-

g) The subsidiary has commitments amounting to approximately Baht 0.8 million per month in respect of other service contracts and advisors (2012: Baht 0.4 million per month). h) The subsidiary has commitments totaling CHF 0.3 million, Baht 164.5 million and Baht 1.7 million per month in respect of consultancy and other service agreements for the Nam Ngum 2 Hydroelectric Power Project (2012: CHF 0.1 million, Baht 268 million and Baht 0.2 million per month). i) The subsidiary has commitment in respect of the Agreement on Operation and Maintenance of Dam and Powerhouse for Nam Ngum 2 Hydroelectric Power Project with a related company, amounting to approximately Baht 10.17 million per month for the period from January 2013 to the end of the concession period of the Nam Ngum 2 Hydroelectric Power Project, with the service fee to increase on an annual basis at the rate specified in the agreement. CK Power Public Company Limited

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