13. Other Current Liabilities Consist of :
As of December 31, 2005 December 31, 2004 Baht Baht Estimate Accrued for Construction Fee of Building Clubhouses
31,794,377.50
28,269,973.24
43,244,465.54
32,702,506.99
Suspense Withholding Income Tax
1,874,188.29
4,019,412.70
Other
1,554,977.13
5,434,203.81
78,468,008.46
70,429,096.74
Estimate Accrued for Maintain the Utilities of Project
Total
Estimate accrued for maintain the utilities of project is estimate liability for pledge to maintain the utilities of project according to Land Allocation act B.E. 2543 by pledge with rate 7% from estimate for construction fee of utilities of project. That liability the Company will pay to Housing Juristic Person was found according to Land Allocation act B.E. 2543.
14. Long-term Loans Consist of :
As of December 31, 2005 December 31, 2004 Baht Baht Long - term Loan
45,300,000.00
1,700,000.00
Total
45,300,000.00
1,700,000.00
As of December 31, 2005 and 2004, Long-term loan intended to acquire land was loan from one commercial bank with the term of principle repayment when there is any redemption of mortgaged collateral of land plus property at the rate of Baht 0.20-1.10 million per unit. It is determined to be completely repayable within 12-24 months at the interest rate of MLR-0.50 to 1.00 per annum. Which was collateralized by land and construction as in Note 5 and Note 8.
15. Debenture As of May 31, 2004 and July 26, 2004, the Company issue debentures two times in amount 400,000 units per time at par value 1,000 Baht per unit net total Baht 800 million, the whole amount were debentures category specifying name and payable principal once time. Such debentures are non-subordinate fund, unsecured and have not a debenture holder’s representative. The debentures have maturity date 3 years 1 month and 15 days and 3 years 1 month and 5 days respectively, the interest rate of 4.25 per annum and rate of 4.35 per annum respectively throughout the term of the debentures by payable semi-annually.
73 Annual Report 2005 Lalin Property Public Company Limited