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ANNUAL REPORT 2007 รายงานประจำปี - IR Plus

ANNUAL REPORT 2007 รายงานประจำปี - IR Plus

ANNUAL REPORT 2007 รายงานประจำปี - IR Plus

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30. Contingent Liabilities and Obligations<br />

30.1 In accordance with the consolidated and the separate financial statements as of December<br />

31, <strong>2007</strong> and 2006, the Company has the obligation as follow:<br />

Consolidated<br />

Separate Financial Statements<br />

As of December 31, As of December 31,<br />

<strong>2007</strong> 2006 <strong>2007</strong> 2006<br />

Million Baht Million Baht Million Baht Million Baht<br />

Letter of Credit - 9.50 - 9.50<br />

Shipping Guarantee - 4.86 - 4.86<br />

Letter of Guarantee 1.23 0.17 1.23 0.17<br />

30.2 In accordance with the consolidated and the separate financial statements as of December<br />

31, <strong>2007</strong> and 2006, the Company and subsidiaries constitute obligation commitment as<br />

monthly leased fee pursuant to the contract of lease and service by aggregate amount which<br />

can be summarized as follows:<br />

Consolidated<br />

Separate Financial Statements<br />

<strong>2007</strong> 2006 <strong>2007</strong> 2006<br />

Million Baht Million Baht Million Baht Million Baht<br />

Within time interval :<br />

Within 1 year 25.96 29.25 20.73 20.25<br />

Within 2-5 years 119.74 123.61 88.82 90.54<br />

Within 5-10 years 55.00 72.58 24.84 43.85<br />

Total 200.70 225.44 134.39 154.64<br />

30.3 In accordance with the consolidated financial statements, one subsidiary constitutes<br />

obligation commitment which has to return the financial support of instrument and<br />

equipment remained after the purchase order pursuant to the contract plus interest in the rate<br />

of 15% per annum from overdue amount counted from the date the money receipt until the<br />

repayment is completed to one company which distributes lubricating oil if the Company<br />

does not comply with the term in accordance with the contract of equipment and instrument<br />

support pursuant to note no.21<br />

212

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