costs In 2021, finance costs were THB 0.34 million, increased by THB 0.07 million or +28.01% YoY as value of the lease liabilities increased. Income tax expense In 2021, income tax expense was THB 14.62
via telecommunication channels. Finance costs In 1Q2022, finance costs were THB 0.06 million, decreased by THB 0.02 million or -22.49% YoY as value of the lease liabilities decreased. Income tax expense
Financial Position As at 31 December 2022 As at 31 December 2023 Increase/ (Decrease) % Inc.(Dec.) Total assets 606.12 634.66 28.54 4.71% Total liabilities 73.57 84.21 10.64 14.47% Total equity 532.56 550.45
overdrafts and short-term loans from financial institutions 1,208 1,047 +15% Trade payables 402 323 +25% Current portion of long-term liabilities 0 7 -100% Current portion of liabilities under financial lease
%) Current portion of long-term loans from financial institutions 143 190 (25%) Current portion of liabilities under financial lease agreements 38 33 15.6% Other non-current liabilities 361 403 (10%) Total
4.53% Current portion of long-term borrowings 18.20 0.70% 15.41 0.58% (2.78) (15.29%) Current portion of lease liabilities 69.56 2.69% 72.10 2.73% 2.54 3.66% Income tax payable 12.29 0.48% 10.55 0.40
accounting policy will have impact on the assets, liabilities and shareholders’ equity of the Company’s group as follows: Impacted Items to the Companies Group Estimated as at 30 December 2017 Cost Basis
48,201 46,018 46,319 Total liabilities million baht 14,260 13,544 14,428 equity’ Total shareholders million baht 33,941 32,474 31,891 Registered capital million baht 1,259 1,259 1,259 up capital-Paid
million baht, mainly from the purchase of two ATR72-600s including spare parts, and the establishment of catering facilities in Phuket and Gourmet Primo in Bangkok. 20 ASIA’S BOUTIQUE AIRLINE Liabilities As
given the new kiln was not activated. 3.2. Assets, Liabilities & Shareholders’ Equity The main contributors to the increase in total assets are from an increase in property, plant and equipment due to