SCI Annual Report 2015

Borrowing
Non current liabilities
Long-term loans from financial
institutions
Total loans as non current
liability
Consolidation
As 31/12/2015 As 31/12/2014 Increased (Decreased)
Amount % Amount % Amount %
49.33 18.43 63.62 14.82 (14.30) (22.47)
49.33 18.43 63.62 14.82 (14.30) (22.47)
Total borrowings 267.69 100.00 429.28 100.00 (161.59) (37.64)
Trade and other payable
Trade and other payable increased Baht 40.81 million or increased 6.34% compared to the year 2014. The increased on
trade payable of Baht 26.30 million or increased 5.33% compared to the year 2014 was mainly came from trade payable
related to PDSR and a supplier of steel. Normally, the Company will pay the PDSR’s supplier when received from EDL. For steel’s
supplier, the Company had the credit term of 60-90 days plus the billing cycle period. In summarized, the Average Payment
Period of the year 2015 was 107 days which it was in due of payment of sale and service. Aside from normal credit term, the
Company can request the supplier who is a long time relationship, to extend the credit term to 90-120 days and negotiated
special credit term in sometimes especially on delay of received payment from major customer.
The increased on retention payable of Baht 20.05 million or increased 35.79% compare to the year 2014 came from delivered
PDSR project by supplier during the year 2015.Advance received comprised advance received from steel structure
customer of Baht 43.69 million and unearned revenue from electrical power - Hydro Power plant of Baht 15.92 million. The
detail of trade and other payable is shown below.
Unit: Million Baht
Consolidation
Trade and other payable As 31/12/2015 As 31/12/2014 Increased (Decreased)
Amount % Amount % Amount %
Trade payable 520.06 75.97 493.76 76.70 26.30 5.33
Retention payables 76.07 11.11 56.02 8.70 20.05 35.79
Advance recieved 60.45 8.83 66.14 10.27 (5.68) (8.59)
Other payables 28.01 4.09 27.87 4.33 0.15 0.53
Trade and other payable 684.59 100.00 643.78 100.00 40.81 6.34
Liabilities under finance lease agreements
The increased on liabilities under finance lease agreements of Baht 5.41 million, or increased 43.80% compared to the year
2014 came from purchased machinery under financial lease agreement.
Unit: Million Baht
Liabilities under finance lease FY2015 FY2014 Increased (Decreased)
Amount Amount Amount %
Liabilities under finance lease agreements 20.01 13.71 6.29 45.90
Less Deferred interest charges (2.25) (1.37) (0.89) 64.85
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Annual Report 2015