SCI Annual Report 2015
Share Embed Flag
Download ePaper

SCI Annual Report 2015

Annual Report Annual Report

nativemedia
18.04.2016 Views

SCI ELECTRIC PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES (FORMERLY KNOW AS “SCI ELECTRIC MANUFACTURER COMPANY LIMITED”) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE TEAR ENDED 31 DECEMBER 2015 SCI Electric Public Company Limited In Baht Consolidated financial statements Land Buildings and buildings improvement Machineries and equipment office equipment Vehicles Construction In progress Total As at 31 December 2014 Cost 26,415,000 25,205,890 37,431,192 6,404,905 16,768,460 228,564 112,454,011 Less Accumulated depreciation - (10,024,837) (24,061,788) (5,086,870) (8,669,275) - (47,842,770) Net book value 26,415,000 15,181,053 13,369,404 1,318,035 8,099,185 228,564 64,611,241 Transactions during the year ended 31 December 2015 Net book value, beginning of year 26,415,000 15,181,053 13,369,404 1,318,035 8,099,185 228,564 64,611,241 Add Acquisition - - 2,190,829 885,861 1,249,534 6,608,746 10,934,970 Less Disposals/write-off - - (52) - - - (52) Less Depreciation - (1,255,451) (1,447,521) (526,124) (1,293,471) - (4,522,567) Transfer in (out) - 128,664 - (158,581) - (128,664) (158,581) Net book value, beginning of year 26,415,000 14,054,266 14,112,660 1,519,191 8,055,248 6,708,646 70,865,011 As at 31 December 2014 Cost 26,415,000 25,334,554 37,700,586 5,972,658 18,017,994 6,708,646 120,149,438 Less Accumulated depreciation - (11,280,288) (23,587,926) (4,453,467) (9,962,746) - (49,284,427) Net book value 26,415,000 14,054,266 14,112,660 1,519,191 8,055,248 6,708,646 70,865,011 222

SCI ELECTRIC PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES (FORMERLY KNOW AS “SCI ELECTRIC MANUFACTURER COMPANY LIMITED”) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE TEAR ENDED 31 DECEMBER 2015 Land, building and certain machinery are mortgaged as collateral for loans from financial institutions (Note 23). As at 31 December 2015, the Group and the Company have assets under finance lease agreements with net book value of Baht 29.44 million and Baht 14.94 million, respectively (2014: Baht 16.92 million and Baht 16.03 million, respectively). Annual Report 2015 Transactions incurred during 2014 The Company disposed certain machines to a subsidiary at the price of Baht 4.15 million with gain from disposal of asset of Baht 3.67 million, which included in “Other income” in the separate statement of comprehensive income. At the Company’s Board of Directors Meeting on 16 December 2014 approved to purchase a piece of land amounting to Baht 23.55 million for building a new office. The Company paid the cost of land in December 2014. The Company received a credit facility for purchase of land and construction cost of the new office amounting to Baht 42 million (Note 23). 223

<strong>SCI</strong> ELECTRIC PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES<br />

(FORMERLY KNOW AS “<strong>SCI</strong> ELECTRIC MANUFACTURER COMPANY LIMITED”)<br />

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)<br />

FOR THE TEAR ENDED 31 DECEMBER <strong>2015</strong><br />

<strong>SCI</strong> Electric Public Company Limited<br />

In Baht<br />

Consolidated financial statements<br />

Land Buildings and buildings improvement Machineries and equipment office equipment Vehicles Construction In progress Total<br />

As at 31 December 2014<br />

Cost 26,415,000 25,205,890 37,431,192 6,404,905 16,768,460 228,564 112,454,011<br />

Less Accumulated depreciation - (10,024,837) (24,061,788) (5,086,870) (8,669,275) - (47,842,770)<br />

Net book value 26,415,000 15,181,053 13,369,404 1,318,035 8,099,185 228,564 64,611,241<br />

Transactions during the year ended 31 December <strong>2015</strong><br />

Net book value, beginning of year 26,415,000 15,181,053 13,369,404 1,318,035 8,099,185 228,564 64,611,241<br />

Add Acquisition - - 2,190,829 885,861 1,249,534 6,608,746 10,934,970<br />

Less Disposals/write-off - - (52) - - - (52)<br />

Less Depreciation - (1,255,451) (1,447,521) (526,124) (1,293,471) - (4,522,567)<br />

Transfer in (out) - 128,664 - (158,581) - (128,664) (158,581)<br />

Net book value, beginning of year 26,415,000 14,054,266 14,112,660 1,519,191 8,055,248 6,708,646 70,865,011<br />

As at 31 December 2014<br />

Cost 26,415,000 25,334,554 37,700,586 5,972,658 18,017,994 6,708,646 120,149,438<br />

Less Accumulated depreciation - (11,280,288) (23,587,926) (4,453,467) (9,962,746) - (49,284,427)<br />

Net book value 26,415,000 14,054,266 14,112,660 1,519,191 8,055,248 6,708,646 70,865,011<br />

222

logo

products

Resources

Company

Terms of service
Privacy policy
Cookie policy
Cookie settings
Imprint
Change language
Made with love in Switzerland
© 2024 Yumpu.com all rights reserved

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!