Page 203 - Amata-one-report2020-en

BUSINESS OPERATION AND OPERATING RESULTS CORPORATE GOVERNANCE FINANCIAL STATEMENTS ENCLOSURES

Interest rate Amount
Debentures Term Maturity date (% per annum) Interest payment condition (Million Baht)
1/2020 3years 1 October 2023 2.80 Interest is repayable every six months,
500
Lot no. 1 on 1 April and 1 October of each
year through the contract period
1/2020 5 years 1 October 2025 3.30 Interest is repayable every six months,
1,000
Lot no. 2 on 1 April and 1 October of each

year through the contract period
500
1/2020 7 years 1 October 2027 3.70 Interest is repayable every six months,
Lot no. 3 on 1 April and 1 October of each
year through the contract period

The long-term debentures are unsecured and unsubordinated with debenture-holder’s
representative in the name-registered certificate. The debenture agreement contains certain

covenants which, among other things, require the Company to maintain debt-to-equity ratio
at the rate prescribed in the agreement, and not to mortgage all properties and assets that are
significant to the issuer’s business with any other parties throughout the debenture periods.

25. Leases

25.1 The Group as a lessee

The Group has lease contracts for various items of property, plant, and equipment used in its
operations. Leases generally have lease terms between 2 - 50 years.

a) Right-of-use assets

Movement of right-of-use assets for the year ended 31 December 2020 are summarised
below:

(Unit: Million Baht)
Consolidated financial statements

Buildings and
Land and land building

improvement improvement Motor vehicles Total
1 January 2020 53 1 45 99
Add: Additions 178 - 11 189
Less: Lease modifications (1) - - (1)

Depreciation for the year (6) (1) (16) (23)
31 December 2020 224 - 40 264

Amata Corporation Public Company Limited 50 203