Page 49 - Anual report STi 2022_eng

● Investment properties
As at December 31, 2022, the Company Group has investment properties, namely empty land that is held

for a currently undetermined future use as follows:

Net Book Value
Items On Dec. 31, 2022 Proprietary Fair Value Encumbrance
(Million Baht) Type

Stonehenge Inter Public Company Limited

1 Empty land, area 6-0-92.1 rai, 4.58 Owned by the 18.69 None

Chum Phae Sub-District, Company
Chum Phae District, Khon

Kaen Province

2 Empty land, area 5-0-10 Rai, 16.08 Owned by the 17.09 None
Mae Raem Sub-District, Company

Mae Rim District, Chiang Mai

Province

Total 20.66

Investment properties, which are vacant land in life according to the contract period, and the unfinished
Khon Kaen Province, have a cost price of 4.58 million baht obligations are approximately 7 years.

and a fair value of 18.69 million baht. Investment properties, ● Right-of-use Assets
which are vacant land in Chiang Mai, have a cost price of As at December 31, 2022, the Group will have right-
16.08 million baht and a fair value of 17.09 million baht. of-use assets such as buildings and building improvements,

The said fair value was appraised by an independent vehicles, and office equipment used n the business operations
i
appraiser by considering the fair value based on the market of each entity. The net book value was 66.96 million baht as

price based on market price comparison criteria (market a result of the recording of the right to use assets under lease
approach). In addition, the fair value measurement of investment agreements in accordance with Financial Reporting Standard
property is rated as having a Level 2 fair value based on the No. 16 on Leases, which the Group adopted. The contract

inputs to be used in the valuation technique. period is between 3 and 10 years, and the Company Group

● Intangible Assets has recorded lease liabilities for such rights-of-use equal to
As at December 31, 2022, the Group has intangible 70.11 million baht.

assets, such as computer software for use in the business ● Important Contracts for the Company Group
operations of each business, with a net book value of 8.84 1. Building lease agreement
million baht. In addition, the Group has a contractual balance 2. Important loan agreement

pending recognition as revenue (backlog), which is an
intangible asset acquired from a business combination and 3. Insurance policy
has a net book value of 80.18 million baht. There is a remaining Details are as per Attachment 4.

Stonehenge Inter Public Company Limited 47