Page 282

7. Real estate projects under development

 Consolidated financial statements 2010



Show houses Construction in progress Construction materials Total Portion transferred to cost of sales Net

Finance costs capitalised during the year

bd

Rates of interest capitalised (% per annum)

2009

Separate financial statements 2010

2009

(in thousand Baht)

Note

Land and development costs of projects for sale



9,834,233

8,070,374

8,438,579

7,021,978

107,990

101,568

96,779

92,470

5,240,801

3,832,106

4,630,039

3,472,489

7,299

5,658

5,796

5,658

15,190,323

12,009,706

13,171,193

10,592,595

(10,104,631)

(7,390,079)

(8,795,050)

(6,667,897)

5,085,692

4,619,627

4,376,143

3,924,698

175,376

201,288

116,361

165,946

5.79

6.01

5.80

6.02

As at 31 December 2010 and 2009, land and construction thereon of the Company’s projects have been mortgaged as collateral for loans and credit facilities from financial institutions as described in note 13.

8. Deposits for land In 2009, the Company paid deposit for land amounting to Baht 127 million whose the Company had entered into a purchase agreement for land amounting to Baht 250 million.

9. Other current assets Consolidated  financial statements 2010



Separate financial statements 2010

2009

(in thousand Baht)

Advance payment to employees

11,999

41,728

11,061

27,303

Other receivables

10,337

35,280

4,891

34,773

3,702

10,990

3,476

10,125

Others

17,547

51,376

10,833

36,375

Total

43,585

139,374

30,261

108,576

Deposits

282

2009



AREEYA AWARD WINNING ANNUAL CHIC REPORT 2010

A 10  

A_2010 AREEYA PROPERTY PCL Annual Report 2010

A 10  

A_2010 AREEYA PROPERTY PCL Annual Report 2010

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