Page 140 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

As at 31 December 2024, certain items of plant and equipment were fully depreciated but are
still in use. The gross carrying amount before deducting accumulated depreciation and
allowance for impairment loss of those assets amounted to approximately Baht 1,622 million

(2023: Baht 1,640 million).
The Group has mortgaged most of its property, plant and machinery with banks as collateral

against credit facilities granted by commercial banks.

16. Short-term loans from financial institutions

(Unit: Thousand Baht)
Consolidated Separate
Interest rate financial statements financial statements

(percent per annum) 2024 2023 2024 2023
Trust receipts 3.60 - 6.83 1,120,016 758,465 1,075,013 758,465
Promissory notes 3.85 100,000 50,000 100,000 50,000
Total 1,220,016 808,465 1,175,013 808,465

Short- term loans from financial institutions are guaranteed by the Company’ s directors,
pledged of fixed deposits as described in Note 10 to the financial statements, and mortgaged
of most of its property, plant and machinery as described in Note 15 to the financial

statements.

17. Trade and other payables
(Unit: Thousand Baht)

Consolidated Separate
financial statements financial statements

2024 2023 2024 2023
Trade payables - related party (Note 6) 3,684 5,675 3,684 5,675
Trade payables - unrelated parties 144,089 96,979 131,877 96,979
Other payables - related party (Note 6) 507 284 507 284

Other payables - unrelated parties 40,626 4,672 40,622 4,606
Interest payables 2,170 2,645 2,130 2,645
Accrued expenses 70,069 50,974 67,566 50,959

Total 261,145 161,229 246,386 161,148

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