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As at 31 December 2013 the Group and the Company had unutilised credit facilities totalling Baht 750.05 million and 750.05 million, respectively (2012: Baht 1,002.90 million and Baht 1,002.90 million, respectively). At 31 December 2013, the Group and the Company had long-term loan credit lines from several local banks totaling Baht 1,792.10 million and Baht 1,792.10 million, respectively (2012: Baht 2,804.79 million and Baht 2,804.79 million, respectively). The above long-term loans are collateralized by the Group’s assets pledged or mortgaged (See note 10). Under certain loan agreements, in 2013, the Group and the Company carried interest on long-term financial institutions as specified in the agreements (4.75 - 6.50% and 4.75 - 6.50% per year, respectively) (2012: 4.50-6.75% and 4.50-6.75% per year, respectively). The Group and the Company have to repay the loans when the payments are made from its customers on the dates that real estate title deeds are transferred to the customers. Finance lease liabilities Finance lease liabilities as at 31 December were payable as follows:

Future minimum lease payments

2013 Interest

Consolidated / Separate financial statements Present value of minimum lease payments

Future minimum lease payments

(in thousand Baht) 745 1,128

2012 Interest

Present value of minimum lease payments

Within one year 843 98 155 973 After one year but within five years 1,211 83 1,128 2,102 183 1,919 Total 2,054 181 1,873 3,230 338 2,892 The Company has hire-purchase agreement to purchase motor vehicles from local leasing companies, with a term of payment in 4 years, and repaid in monthly installments, with certain conditions and restrictions as specified in the hire-purchase agreement. Interest-bearing liabilities of the Group and the Company as at 31 December 2013 and 2012 were denominated entirely in Thai Baht.

19. Trade accounts payable

Consolidated Separate financial statements financial statements Note 2013 2012 2013 2012 (in thousand Baht) Related parties 9,965 8,311 9,558 8,055 Other parties 6 109,768 88,485 104,898 87,881 Total 119,733 96,796 114,456 95,936 Trade accounts payable of the Group and the Company as at 31 December 2013 and 2012 were denominated entirely in Thai Baht.

20. Other current liabilities

Retentions Accrued administrative expenses Others Total

Consolidated Separate financial statements financial statements 2013 2012 2013 2012 (in thousand Baht) 61,397 61,710 59,278 59,326 47,176 31,138 46,851 31,018 36,808 34,586 36,510 34,299 145,381 127,434 142,639 124,643

Annual Report 2013

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MK : Annual Report 2013  

Annual Report 2013