SUCCESS WITH INTEGRITY
A fair value is the amount for which an asset can be exchanged or a liability settled between knowledgeable, willing parties in an arm’s length transaction. The fair value is determined by reference to the market price of the financial instrument or by using an appropriate valuation technique, depending on the nature of the instrument. 37. Changes in estimates Starting from 1 January 2010, the Company and certain subsidiaries have changed estimated useful lives of their building and building improvements from 30 years to 40 years. The effect of the change on the financial statements of the Group and the Company for the year ended 2010 was to decrease loss for the period by Baht 20.09 million. (Separate financial statements: increase profit Baht 6.71 million) respectively, and loss per share decreased by Baht 0.008 per share (Separate financial statements: earnings per share increased by Baht 0.002 per share). 38. Commitments with non-related parties (Unit: in million Baht)
Consolidated financial statements 2011 2010
Capital commitments
Separate financial statements 2011 2010
603.1
305.1
541.8
248.2
Within one year After one year but within five years After five years
16.3 12.9 0.3
33.8 2.8 -
7.9 4.4 -
13.2 0.9 -
Total
29.5
36.6
12.3
14.1
Within one year After one year but within five years After five years
32.6 155.8 1,853.8
46.5 213.9 2,669.5
12.9 74.1 1,567.0
27.3 135.5 1,852.9
Total
2,042.2
2,929.9
1,654.0
2,015.7
750 23.2
750 30.1
750 14
750 21.5
773.2
780.1
764.0
771.5
Contracted but not provided
Operating lease commitments
Long-term lease commitments
Other commitments
Guarantee for bank credit facilities Bank guarantees Total
Notes to the financial statements
135