LEASE LIABILITIES Sample Clauses

LEASE LIABILITIES. The carrying amounts of lease liabilities and the movement for the three-month period ended March 31, 2023, are presented below. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at January 1, 2023 314,282 6,613 Add Increase during for the period 5,300 - Accretion of interest 329 63 Less Payments (2,873) (1,607) Decrease from lease agreement termination - - As at March 31, 2023 317,038 5,069 Lease liabilities net of current portion 310,547 3,219 Movements in the debentures account during the three-month period ended March 31, 2023 are summarized below. In Thousand Baht Consolidated / Separate Financial Statements Balance as at 1 January 2023 6,460,066 Add: Debenture issued during the period 1,898,100 Less: Deferred debenture issuing costs (37,606) Add: Amortisation of debentures issuing costs 13,639 Less: Repayment during the period (1,753,368) Balance as at March 31, 2023 6,580,831 Less: Portion due within one year (3,132,188) Debenture, net of current portion 3,448,643 On January 11, 2023, the Company had issued the bond No. 1/2023 in type of bearer bond, unsubordinated, secured bond and holder, interest is payable quarterly, with the face value of Baht 1,000 per unit, in the amount of Baht 1,898.10 million bond as follows; • Series 1, amounted Baht 306.40 million, interest rate 6.85% per annum, with 2 year period, maturity date is January 11,2025, or early redemption. • Series 2, amounted Baht 1,045.00 million, interest rate 7.25% per annum, with 3 year period, maturity date is January 11, 2026, or early redemption. • Series 3, amounted Baht 546.70 million, interest rate in years 1 - 4 at 7.25% - 8.00% per annum, with 4 year period, maturity date is January 11, 2027, or early redemption. As at March 31, 2023 and December 31, 2022, the Group had guaranteed the saving deposits in the amount of Baht 326.90 million and Baht 432.05 million, respectively (the Company only : Baht 326.90 million and Baht 432.05 million, respectively) to secure for the letter of guarantee from bank and security for debenture that was in accordance with the terms and conditions regarding the rights and duties of debenture issuers and debenture holders. The Group, as the guaranteed debenture issuer, had mortgaged the land and buildings and some parts of the Company’s empty land as the guarantee agreement for the issuance of debenture. It was under the condition that the Company can redeem or release the mortgage of such land and buildings and the ...

LEASE LIABILITIES. The carrying amounts of lease liabilities and the movement for the three-month period ended March 31, 2020, are presented below. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at December 31, 2019 22,946 19,974 Effects of the adoption of TFRS16 492,576 485,842 As at January 1, 2020 515,522 505,816 Add Accretion of interest 801 673 Less Payments (5,856) (5,114) As at March 31, 2020 510,467 501,375 Less current portion (21,845) (19,267) Lease liabilities, net of current portion 488,622 482,108 The following are the amounts recognized in profit or loss: In Thousand Baht Consolidated Separate Depreciation of right-of-use assets 5,307 4,746 Interest expense on lease liabilities 801 673 Expense relating to short-term lease 582 582 Leases of low-value assets 126 126 Total 6,816 6,127

LEASE LIABILITIES. At the commencement date of the lease, lease liabilities are measured at the present value of the lease payments to be made over the lease term, discounted by the interest rate implicit in the lease or the incremental borrowing rate. After the commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition, the carrying amount of lease liabilities is remeasured if there is a modification or reassessment. Leased that have a lease term of 12 months or less from the commencement date and not contain a purchase option. It also applies the lease of low-value assets recognition exemption to leases that are considered of low value. Lease payments on short-term and leases of low-value assets are recognized as expense in profit and loss on a straight-line basis over the lease term.

LEASE LIABILITIES. The carrying amounts of lease liabilities and the movement for the three-month period ended March 31, 2021 are presented below. Separate Balance as at December 31, 2020 322,171,509 25,862,434 Increase of interest 3,012,693 271,303 Payments (9,414,284) (2,308,525) Balance as at March 31, 2021 315,769,918 23,825,212 Less Current portion due within one year (24,945,046) (7,012,083) Lease liabilities - net of current portion 290,824,872 16,813,129 The following are the amounts recognized in profit or loss: Separate Interest expense on lease liabilities 3,012,693 271,303 Leases of low - value assets 41,760 26,760 Total 11,461,037 2,165,983 Consolidated financial statements Separate financial statements 31, 2021 31, 2020 31, 2021 31, 2020 Provision of employee benefit at the beginning of the period 268,327,340 241,720,015 79,704,508 72,541,329 Benefits paid by the plan (607,890) (6,776,976) (248,565) (3,376,808) Current service costs and interest 10,326,393 37,417,058 2,950,845 10,539,987 As at March As at December As at March As at December Actuarial (gain) loss on define employee benefit plans - (4,032,757) - - Provision of employee benefit at the end of the period 278,045,843 268,327,340 82,406,788 79,704,508 Current service costs Cost of medical treatment 6,591,905 23,408,933 1,675,650 5,965,317 Administrative expenses 2,375,487 9,028,744 850,643 3,065,584 Management benefit expense - 45,102 - - Interest on obligation 1,359,001 4,934,279 424,552 1,509,086 Total 10,326,393 37,417,058 2,950,845 10,539,987 At the Annual General Meeting of Shareholders of the Company for the year 2017 held on April 27, 2017, the shareholders approved an issuance of the warrant to purchase of ordinary share of Vibhavidi Medical Center Public Company Limited No. 3 (▇▇▇▇▇-W3) at the amount of 1,012,587,386 units to the Company’s existing shareholders at a ratio of 13 existing shares per 1 warrant and on June 15, 2017, the Company issued such warrants at free of charge to the Company’s existing shareholders on a proportion basis. Details of which are as follows: Type of warrant : Warrants to purchase of ordinary shares of Vibhavadi Medial Center Public Company Limited Series#3 (▇▇▇▇▇-W3) Type : Transferable named certificate Offering / Allocation : Offered to existing shareholders Amount of warrants : 1,012,582,207 units Offering price : Baht 0 per unit Terms of warrants : 5 years from the issuing date Exercise ratio : 1 unit of warrant per new 1 ordinary share Exercise price : Baht...

LEASE LIABILITIES. The Company leases certain of its office premises for daily operations. These leases have remaining lease terms ranging from 1 to 5 years. At December 31, 2021, the total future minimum lease payments and their present values were as follows: Minimum lease payments As at December 31, Present value of minimum lease payments As at December 31, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ 2020 Amounts payable: Within one year $ 379 $ 272 $ 296 $ 202 In the second year 379 174 326 112 In the third to fifth year, inclusive 284 418 259 312 Total minimum finance lease payments $ 1,042 $ 864 $ 881 $ 626 Future finance charges (161) (238) Total net lease finance payables $ 881 $ 626 Portion classified as current liabilities (296) (202) Non-current portion $ 585 $ 424 On November 19, 2009, the Company issued a convertible debenture to a wholly owned subsidiary of CIC for $500,000. The convertible debenture is presented as a liability since it contains no equity components. The convertible debenture is a hybrid instrument, containing a debt host component and three embedded derivatives – the investor’s conversion option, the issuer’s conversion option and the equity based interest payment provision (the 1.6% share interest payment) (the “embedded derivatives”). The debt host component is classified as other-financial-liabilities and is measured at amortized cost using the effective interest rate method and the embedded derivatives are classified as fair value through profit or loss and all changes in fair value are recorded in profit or loss. The difference between the debt host component and the principal amount of the loan outstanding is accreted to profit or loss over the expected life of the convertible debenture. The embedded derivatives were valued upon initial measurement and subsequent periods using a Monte Carlo simulation valuation model. A Monte Carlo simulation model is a valuation model that relies on random sampling and is often used when modeling systems with a large number of inputs and where there is significant uncertainty in the future value of inputs and where the movement of the inputs can be independent of each other. Some of the key inputs used by the Company in its Monte Carlo simulation include: the floor and ceiling conversion prices, the Company’s common share price, the risk-free rate of return, expected volatility of the Company’s common share price, forward foreign exchange rate curves (between the CAD$ and U.S. dollar) and spot foreign exchange rates.

LEASE LIABILITIES. The carrying amounts of lease liabilities and the movement for the year, December 31, 2021 and 2020, are presented below. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at Deccember 31, 2020 24,074 13,037 Add Addition 940 940 Add Accretion of interest 1,102 650 Less Payments (7,504) (4,048) As at December 31, 2021 11,850 9,546 Lease liabilities net of current portion 6,229 6,004 In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at December 31, 2019 Effects of the adoption of TFRS16 13,424 13,424 As at January 1, 2020 13,424 13,424 Add Addition 15,249 2,620 Add Accretion of interest 1,061 767 Less Payments (5,660) (3,774) As at December 31, 2020 24,074 13,037 Lease liabilities net of current portion 17,559 9,525 26.1 Movement of employee benefit obligations for the years ended December 31, 2021 and 2020, is shown as follows : Consolidated Financial Statements Separate Financial Statements 2021 2020 2021 2020 The statements of financial position Defined benefit obligations, beginning of the years 60,002 64,930 57,894 63,222 Plus Current service costs and interest 3,997 4,233 3,707 4,048 Less Employee benefit obligations paid during the year (10,885) (6,705) (10,885) (6,706) Defined benefit obligations, ending of the years 53,874 60,002 51,512 57,894 26.2 Recognized in other comprehensive income for the years ended December 31, 2021 and 2020, is shown as follows : Consolidated Financial Statements Separate Financial Statements 2021 2020 2021 2020 Recognized in profit (loss) Construction costs 37 - - Cost of service 83 49 - - Selling expenses 976 1,066 976 1,066 Administrative expenses 2,122 2,279 1,988 2,176 Finance costs 779 839 743 806 Total 3,997 4,233 3,707 4,048 Total 760 (2,456) 796 (2,670) Total 4,757 1,777 4,503 1,378 26.3 Gain and loss from the estimate based on actuarial principles recognized in the statement of comprehensive income for the years ended December 31, 2021 and 2020, arise from : Consolidated Financial Statements Separate Financial Statements 2021 2020 2021 2020 Improvement from experience 1,144 2,617 1,008 2,535 Population assumption 2,378 (4,309) 2,378 (4,579) Financial assumption (2,762) (764) (2,590) (626) Total 760 (2,456) 796 (2,670) The main assumptions in the estimates the financial assumptions for the Group of Company based on actuarial principles. For the years ended December 31, 2021 and 2020 ; Percentage Discount rate 2.22 – 3.12 1.50 - 2.10 2.22 1.50 Sal...

LEASE LIABILITIES. The carrying amounts of lease liabilities and the movement for the nine-month period ended September 30, 2021 are presented below. Balance as at December 31, 2020 322,171,509 25,862,434 Increase 2,100,994 2,100,994 Decrease (12,734,043) - Increase of interest 12,809,419 751,123 Payments (27,091,462) (5,788,463) Balance as at September 30, 2021 297,256,417 22,926,088 Lease liabilities - net of current portion 276,917,157 18,833,012 The following are the amounts recognized in profit or loss: Consolidated Separate financial statements financial statements Depreciation of right-of-use assets 20,441,849 2,627,323 Interest expense on lease liabilities 12,809,419 751,123 Leases of low - value assets 622,253 577,253 Total 33,873,521 3,955,699

LEASE LIABILITIES. Movements of the lease liabilities for the nine-month period ended September 30, 2020 are summarized as follows. Baht Consolidated financial statements Separate financial statements Balance as at December 31, 2019 144,145,469 81,393,256 Effects of the adoption of TFRS16 as at January 1, 2020 180,896,563 130,172,185 As at January 1, 2020 325,042,032 211,565,441 Increase 133,338,827 115,846,164 Increase from interest 13,791,794 10,294,229 Decrease from contract cancellation (3,649,645) - Payment (99,845,283) (75,288,229) Balance as at September 30, 2020 368,677,725 262,417,605 Net 271,459,625 189,412,654 The following are the amounts recognized in profit or loss: Baht Consolidated financial statements Separate financial statements Depreciation of right-of-use assets 58,696,633 43,527,857 Interest expense on lease liabilities 13,791,794 10,294,229 Total 72,488,427 53,822,086

LEASE LIABILITIES. All liabilities and obligations of ----------------- CTI under the Irving Lease for time periods after the Closing Date and any liability or obligation of CTI under the Irving Lease for time periods prior to the Closing Date if and to the extent reflected on the Closing Date Balance Sheet, provided, however, that Buyer shall not assume or be responsible for any ----------------- such liabilities or obligations which arise from defaults thereunder or breaches thereof by CTI prior to the Closing Date or for any Environmental Matters (as defined in Section 2.2) related in any way to the Irving Lease or the leased ----------- facility;