Annual Report 2015
Srithai Superware Public Company Limited Notes to the Consolidated and Company Financial Statements For the year ended 31 December 2015 15
Property, plant and equipment, net (Cont’d) During the year ended 31 December 2015, the additions of a subsidiary included Baht 2.16 million assets acquired from financial lease agreements. (2014: Baht 27.77 million). During the year ended 31 December 2014, the disposals of a subsidiary included the carrying amount of assets under sales and leaseback agreements of Baht 27.26 million. Net gain on disposals of such assets amounting to Baht 0.51 million were recognised as deferred revenue and amortised over the lease term. Commitments The Group has mortgaged part of the land, buildings and machineries to banks as collateral for overdrafts, long-term loans and working capital facilities from banks as follows: Consolidated Cost Cost 2015 2014 Million Baht Million Baht Subsidiaries: Srithai Moulds Company Limited - Land, buildings and machinery Srithai Miyagawa Company Limited - Land and machinery
48
Company Cost Cost 2015 2014 Million Baht Million Baht
26.2
26.2
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-
291.5
317.8
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-
Srithai Superware Public Company Limited