Page 139 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

(Unit: Thousand Baht)

Consolidated financial statements
Land and Buildings Machinery Furniture and Assets under
land and attached and Motor office installation and
improvements facilities equipment vehicles equipment construction Total
Cost
As at 1 January 2023 620,886 1,777,234 5,316,587 263,907 73,515 3,637 8,055,766
Additions 17,786 17,366 65,511 12,683 2,380 36,967 152,693
Disposals/write-offs (749) (9,524) (392,134) (23,882) (3,688) - (429,977)

Transfer in (out) - - 2,725 - - (2,725) -
As at 31 December 2023 637,923 1,785,076 4,992,689 252,708 72,207 37,879 7,778,482
Additions - 327 23,035 3,433 1,443 162,822 191,060
Disposals/write-offs - (2,136) (198,325) (9,347) (1,114) - (210,922)
Transfer in (out) 1,431 12,029 142,918 - - (156,378) -

As at 31 December 2024 639,354 1,795,296 4,960,317 246,794 72,536 44,323 7,758,620
Accumulated depreciation
As at 1 January 2023 102,255 1,318,982 3,462,559 247,642 62,012 - 5,193,450
Depreciation for the year 5,883 70,662 124,127 5,946 3,444 - 210,062
Depreciation on disposals/write-offs (277) (7,902) (361,112) (22,883) (3,684) - (395,858)
As at 31 December 2023 107,861 1,381,742 3,225,574 230,705 61,772 - 5,007,654

Depreciation for the year 6,571 71,887 100,821 7,005 3,183 - 189,467
Depreciation on disposals/write-offs - (1,017) (176,692) (9,347) (1,114) - (188,170)
As at 31 December 2024 114,432 1,452,612 3,149,703 228,363 63,841 - 5,008,951
Allowance for impairment loss

As at 1 January 2023 - 973 362,505 - - - 363,478
Increase during the year - 2,389 5,461 613 - - 8,463
As at 31 December 2023 - 3,362 367,966 613 - - 371,941
Increase during the year - - 15,934 - - - 15,934
Decrease during the year - (972) (17,580) - - - (18,552)
As at 31 December 2024 - 2,390 366,320 613 - - 369,323

Net book value
As at 31 December 2023 530,062 399,972 1,399,149 21,390 10,435 37,879 2,398,887
As at 31 December 2024 524,922 340,294 1,444,294 17,818 8,695 44,323 2,380,346

Depreciation for the year
2023 (Baht 191 million included in manufacturing cost, and the balance in selling and distribution expenses and administrative expenses) 210,062
2024 (Baht 165 million included in manufacturing cost, and the balance in selling and distribution expenses and administrative expenses) 189,467

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