ANNUAL REPORT 2007 รายงานประจำปี - IR Plus

For the year Ended on December 31, 2007, there was movement transaction loan to subsidiaries as
follow:
. Balance Balance
As of During the period As of
January 1, 2007 Increase Decrease December 31, 2007
’000Baht ’000Baht ’000Baht ’000Baht
The Separate Financial Statements
New Petchburi S.E.C Group Co., Ltd. 36,708 8,970 (28,703) 16,975
S.E.C. Exclusive Car Co., Ltd. - 11,150 (5,000) 6,150
Less Allowance for Doubtful Debt (9,202) (16,525) 25,727 -
Net 27,506 3,595 (7,976) 23,125
As of December 31, 2007, the whole amounts of loan to subsidiaries were loan in the
form promissory note at call with interest rate at 8.00% - 8.75% per annum
For the year ended on December 31, 2006, there was movement transaction loan from
subsidiaries as follow:
Balance
Balance
As of During the period As of
January 1, 2006 Increase Decrease December 31, 2006
’000Baht ’000Baht ’000Baht ’000Baht
The Separate Financial Statements
New Petchburi S.E.C Group Co., Ltd 50,690 7,450 (21,432) 36,708
S.E.C. Exclusive Car Co., Ltd 7,856 7,000 (14,856) -
Less Allowance for Doubtful Debt - - (9,202) (9,202)
Net 58,546 14,450 (45,490) 27,506
As of December 31, 2006, the whole amounts of loan to subsidiaries were loan in the
form promissory note at call with interest rate at 8% per annum.
The Company recorded allowance for impairment of loan to New Petchburi S.E.C Group
Co., Ltd. equal to amount of comprises negative shareholders equity after less investment in such
subsidiaries.
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