Page 67 - Annual Report English 2018

Tycoons Worldwide Group (Thailand) Plc.

Tycoons Worldwide Group (Thailand) Public Company Limited and its subsidiary
Statement of financial position (continued)
As at 31 December 2018
(Unit: Baht)
Financial statement
in which the equity Consolidated
method is applied financial statement Separate financial statements

Note 2018 2017 2018 2017
Liabilities and shareholders' equity
Current liabilities
Short-term loans from financial institutions 16 1,692,820,133 1,901,678,872 1,692,820,133 1,901,678,872
Trade and other payables 17 831,870,148 314,823,710 831,870,148 314,823,710
Current portion of long-term loans from
financial institutions 18 32,000,000 111,000,000 32,000,000 111,000,000
Current portion of liabilities under
finance lease agreements 80,394 473,325 80,394 473,325
Advance received from customers 91,864,890 83,339,252 91,864,890 83,339,252
Other current liabilities 11,555,560 5,945,765 11,555,560 5,945,765
Total current liabilities 2,660,191,125 2,417,260,924 2,660,191,125 2,417,260,924
Non-current liabilities
Long-term loans from financial institutions -
net of current portion 18 46,000,000 78,000,000 46,000,000 78,000,000
Liabilities under finance lease agreements -
net of current portion - 80,394 - 80,394
Provision for long-term employee benefits 19 22,643,271 20,186,668 22,643,271 20,186,668
Total non-current liabilities 68,643,271 98,267,062 68,643,271 98,267,062
Total liabilities 2,728,834,396 2,515,527,986 2,728,834,396 2,515,527,986

The accompanying notes are an integral part of the financial statements.

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