Page 197 - Amata-one-report2020-en

BUSINESS OPERATION AND OPERATING RESULTS CORPORATE GOVERNANCE FINANCIAL STATEMENTS ENCLOSURES

As at 31 December 2020, certain items of buildings and equipment of the Group were fully

depreciated but are still in use. The gross carrying amount before deducting accumulated
depreciation of those assets amounted to approximately Baht 1,113 million and the Company
only of Baht 345 million (2019: Baht 1,126 million and Baht 331 million, respectively).

17. Land awaiting for future development

Included in the balance as at 31 December 2020 is a part of the land awaiting for future

development of the Group amounting to Baht 28 million (31 December 2019: the Group of
Baht 1,306 million and the Company only of Baht 14 million), of which ownership has yet to
be transferred from the seller to the Group.

18. Prepayment for land-use rights

This amount represents the payment for land-use rights of the subsidiary in Vietnam,
to develop its industrial estate in the future. Currently, it is in the process of transferring
the land-use rights to the subsidiary. In this amount, a total Baht 2,137 million (2019:

Baht 2,142 million) are paid for land which the government has completed land expropriation
process.

19. Advance payment to Vietnamese government agency

This amount represents the advance that a subsidiary in Vietnam paid to a Vietnamese

government agency. The amount can be offset against the land rental that the government
will charge the subsidiary in the future. The subsidiary is currently exempt from land rental
until 2031.

20. Guarantee deposits for implementation of projects

This amount represents the deposits that a Vietnamese government agency required from

the subsidiaries to guarantee the development of its industrial estate. The deposits will be
returned by the progress of the projects.

21. Bank overdrafts and short-term loans from financial institutions

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

(percent for annum) 2020 2019 2020 2019
Bank overdrafts MOR - 0.75 to + 0.50 - - - -

Short-term loans from banks 1.95 - 6.25 - 557 - 200
Total - 557 - 200

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