Page 175 - ACC One Report 2567-En

ADVANCED CONNECTION CORPORATION PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024
Items that are not derivative instruments
Bank overdrafts from financial institution Trade and other payables
Short – Term Borrowings and Accrued Interest
Long – Term Borrowings and Accrued Interest
Lease liabilities
Total Items that are not derivative
instruments
Risk on credit provision
- -
-
- -
-
demand
1 year
- 12,096
76,494
- 4,016
92,606
years
- -
-
137,474 12,272
149,746
Total demand
- - 12,096 -
76,494 -
137,474 - 16,288 -
242,352 -
1 year
- 4,020
-
- 2,447
6,467
years
- -
-
120,844 6,239
127,083
Total
- 4,020
-
120,844 8,686
133,550
(Unit : Thousand Baht)
Seperate
As at December 31, 2024 Upon Within 1–5
As at December 31, 2023 Upon Within 1–5
The group is exposed to credit risk primarily with respect to trade accounts receivable. The group manages the risk by adopting appropriate credit control policies and procedures and therefore do not expect to incur material financial losses. In addition, The Group does not have high concentrations of credit risk since they have a large customer base. The maximum exposure to credit risk is limited to the carrying amounts of trade accounts receivable and notes receivable as stated in the statement of financial position.
Risk on interest rate
Interest rate risk is occurred from changes in market interest rates which will affect the results of the Group operations and its cash flows. The group exposure to interest rate risk relates to their cash at banks and loans. However, since most of the Company’s financial assets and liabilities bear floating interest rates or fixed interest rates which are close to the market rate, the interest rate risk is expected to be minimal
Determination of fair values
Fair Value
The fair value is the price at which an orderly transaction to sell an asset or to transfer a liability would take place between market participants at the measurement date. Fair values have been determined for measurement and/or disclosure purposes based on the following methods (when applicable, further information about the assumptions made in determining fair values is disclosed in the notes specific to that asset or liability).
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Annual Report 2024 (Form 56-1 One Report) Advanced Connection Corporation Public Company Limited
175