BROOKER ANNUAL REPORT 2012

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The Brooker Group Public Co Ltd Annual Report 2012 Movement of the allowance for doubtful accounts – Accounts receivable-others during the year ended December 31, 2012 is as follows; Consolidated Financial Statement (Unit : Baht) Separate Financial Statement Balance at beginning of the year 1,435,592.25 312,092.25 Additional during the year (includes suspense output tax) 1,070,000.00 1,070,000.00 Reversal of allowance for doubtful accounts - - Balance at ending of the year 2,505,592.25 1,382,092.25 6. OTHER ACCOUNTS RECEIVABLE – OTHER COMPANIES (Unit : Baht) Consolidated Financial Statement Separate Financial Statement OTHER COMPANIES December 31, 2012 December 31, 2011 December 31, 2012 December 31, 2011 Other accounts receivable * - 50,659.90 - 50,659.90 Unbilled Receivable – other * 146,816.38 243,050.42 146,816.38 243,050.42 Advance Payment – other 3,000.00 3,000.00 3,000.00 3,000.00 Prepaid Expenses – other 940,396.28 996,931.54 316,862.90 331,771.06 Total Other Account Receivable - other company 1,090,212.66 1,293,641.86 466,679.28 628,481.38 * During the year, the Company has reclassified Kingdom Property Co., Ltd. and Golden Land Property Development Plc. to be non-related company, see note 1.3 (3),(4). Thus, the unbilled receivable-other, other accounts receivable of these companies have been presented as non-related party transactions. 7. LOANS TO OTHERS (Unit : Baht) Consolidated Financial Statement Separate Financial Statement December 31, December 31, December 31, December 31, 2012 2011 2012 2011 Thammapipat Co.,Ltd. (1) 5,521,055.02 2,505,672.71 5,521,055.02 2,505,672.71 Apex Development public company limited 27,372,500.00 28,700,000.00 27,372,500.00 28,700,000.00 Kingdom Property company limited (2) 5,008,000.00 4,060,000.00 5,008,000.00 4,060,000.00 Total 37,901,555.02 35,265,672.71 37,901,555.02 35,265,672.71 Less : Allowance for doubtful accounts (32,380,500.00) (28,700,000.00) (32,380,500.00) (28,700,000.00) Total loans to other companies 5,521,055.02 6,565,672.71 5,521,055.02 6,565,672.71 87
Annual Report 2012 The Brooker Group Public Co Ltd The transactions of loans to others during the year ended December 31, 2012 are as follow; (Unit : Baht) Separate Financial Statement Policy on December 31, December 31, Borrowing Other company 2011 Increase Decrease 2012 Cost Thammapipat Co.,Ltd. (1) 2,505,672.71 9,858,925.07 (6,843,542.76) 5,521,055.02 13.00% p.a. Apex Development public company limited 28,700,000.00 - (1,327,500.00) 27,372,500.00 15.00% p.a. Kingdom Property company limited (2) 4,060,000.00 948,000.00 - 5,008,000.00 10.00% p.a. Total 35,265,672.71 10,806,925.07 (8,171,042.76) 37,901,555.02 Less : Allowance for doubtful accounts (28,700,000.00) (5,008,000.00) 1,327,500.00 (32,380,500.00) Total loans to other companies 6,565,672.71 5,798,925.07 (6,843,542.76) 5,521,055.02 (1) In November 2012, Thammapipat Co., Ltd. negotiated the repayment of the loan amounting to approximately Baht 6 million with the Company. The loan repayment has been due in August 2012. Thammapipat Co., Ltd. has signed a new loan agreement with the Company for Baht 6.305 million with the interest rate at 13% p.a. The repayment is within 12 months (November 2013) at the amount and repayment schedules specified in the loan agreement. The collateral for the loan is the same that has been for the former loan which is 5 condominium units which the value appraised by an independent appraiser on January 1, 2012 was approximately at Baht 11 million. The Company also has co-guarantee from 2 companies and a director of one of the guarantor’s companies. (2) During the year, the Company has reclassified Kingdom Property Co., Ltd. to be non-related company, see note 1.3 (3) 8. DEPOSIT WITH RESTRICTION As at December 31, 2012 and 2011, deposit with restriction is as follow; Fixed deposit with maturity dates not longer than 3 months Consolidated Financial Statement December 31, 2012 December 31, 2011 Separate Financial Statement December 31, 2012 (Unit : Baht) December 31, 2011 15,000,000.00 15,000,000.00 15,000,000.00 15,000,000.00 Total deposit with restriction 15,000,000.00 15,000,000.00 15,000,000.00 15,000,000.00 The Company has placed the fixed deposit amounting to Baht 15 million as guarantee for overdraft facilities with LH Bank. The interest rate for overdraft facilities is the interest rate as specified on the fixed deposit certificates plus 1.50% per annum. 88
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26th Floor, The Trendy Building, 10
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BROOKER ANNUAL REPORT 2012

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