OTHER CURRENT LIABILITIES. Other current liabilities are as follows: As at December 31, As at December 31, 2022 2021 2022 2021 Undue output VAT - - - 7,631 VAT payable - - 1,788 6,068 Accrued withholding tax 33,348 7,463 6,503 2,057 Others 323 306 315 260 Total 33,671 7,769 8,606 16,016
25.1 Movements in the non-current provision for employee benefits are as follows: Consolidated Financial Statements (In Thousand Baht) 2022 2021 Post-employment benefits Other long- term benefits Total Post-employment benefits Other long- term benefits Total Non-current provisions for employee benefits, beginning 52,807 8,459 61,266 74,166 7,941 82,107 Gain estimation over actuarial principles (14,603) (3,357) (17,960) (26,433) (1,099) (27,532) Current service cost and Interest cost 6,304 1,581 7,885 10,913 2,021 12,934 Non-current provisions for employee benefits paid (11,624) (862) (12,486) (5,683) (404) (6,087) Decrease of loss control in subsidiary - - - (156) - (156) Non-current provisions for employee benefits, ending 32,884 5,821 38,705 52,807 8,459 61,266 Separate Financial Statements (In Thousand Baht) 2022 2021 Post-employment benefits Other long- term benefits Total Post-employment benefits Other long- term benefits Total Non-current provisions for employee benefits, beginning 31,934 5,115 37,049 61,551 6,787 68,338 Gain estimation over actuarial principles (5,545) (1,730) (7,275) (35,923) (2,739) (38,662) Current service cost and Interest cost 4,808 1,057 5,865 7,938 1,267 9,205 Non-current provisions for employee benefits paid (7,886) (565) (8,451) (1,632) (200) (1,832) Non-current provisions for employee benefits, ending 23,311 3,877 27,188 31,934 5,115 37,049 25.2 Expenses recognized in the statement of comprehensive income for the year ended December 31, 2022 and 2021 are as follows : In Thousand Baht Consolidated Financial Statements Separate Financial Statements For the year ended December 31, For the year ended December 31, The statement of comprehensive income 2022 2021 2022 2021 Cost of construction services 4,370 6,053 2,664 4,400 Administrative expenses 3,515 6,881 3,201 4,805 Total 7,885 12,934 5,865 9,205 Gain on actuarial gain loss - net of income tax (14,368) (22,025) (5,820) (30,929) Total (6,483) (9,091) 45 (21,724)
OTHER CURRENT LIABILITIES. All current liabilities (including, but not limited to, accrued vacation pay of employees of Sellers, subscriber security deposits and customer advance payments, but excluding (i) Accounts Payable and (ii) Deferred Revenue) of the Systems relating to the conduct of the Businesses determined as of the Closing Date in accordance with GAAP on a basis consistent with the application of such principles in the preparation of the Financial Statements.
OTHER CURRENT LIABILITIES. As at December 31, 2022 and 2021, this account consisted of: Undue output VAT 32,666 28,340 27,774 23,447 Others - 81 - 77 Total 32,666 28,421 27,774 23,524 As at December 31, 2022 and 2021, this account consisted of: Long - term borrowings from Consolidated Financial Statements Separate Financial Statements 2022 2021 2022 2021 financial institutions 80,700 239,690 43,966 189,480 Less Current portion of long - term borrowings (25,883) (185,227) (12,527) (171,751) Total 54,817 54,463 31,439 17,729 Long - term borrowings from financial institutions as at December 31, 2022 and 2021 are as follows: Consolidated Financial Statements Separate Financial Statements Credit facility 2022 2021 2022 2021 Borrowing Baht 9.60 million 9,600 9,600 - - Borrowing Baht 11.00 million 5,110 6,730 5,110 6,730 Borrowing Baht 15.00 million 4,920 9,960 - - Borrowing Baht 20.00 million - 20,000 - 20,000 Borrowing Baht 41.73 million 22,214 30,650 - - Borrowing Baht 345.00 million 7,619 97,750 7,619 97,750 Borrowing Baht 300.00 million - 65,000 - 65,000 Borrowing Baht 100.00 million 18,850 - 18,850 - Borrowing Baht 100.00 million 12,387 - 12,387 - Total 80,700 239,690 43,966 189,480 Less Current portion (25,883) (185,227) (12,527) (171,751) Net 54,817 54,463 31,439 17,729 Movement of long - term borrowings is as follows: Balance as at January 1, 239,690 355,025 189,480 324,935 Add Received loans during the year 32,489 36,600 32,489 7,000 Less Repayments of loans during the year (191,479) (151,935) (178,003) (142,455) Balance as at December 31, 80,700 239,690 43,966 189,480 The parent company has long-term loans of a credit lines from financial institution as follows: - The loan of amount Baht 11 Million from a bank was to to pay for the equipment and tools for the construction and installation of solar power generation systems (Solar Rooftop) and have been interest payments at MLR-1.25 percent per annum without collateral. - The loan of amount Baht 345 Million was made to a bank for water treatment and water supply development project in Laos PDR with the monthly pay back interest at the rate MLR-1.75 % per year with no mortgage securities. - The loan of amount Baht 300 Million was made to a bank for WTGs foundation remedy works with the monthly pay back interest at the rate MLR per year - The loan of amount Baht 100 million was a loan from a bank to pay for equipment and tools for the construction and installation of solar power generation systems (Solar Rooftop) and interest paymen...
OTHER CURRENT LIABILITIES. All other current liabilities of Seller.
OTHER CURRENT LIABILITIES. Other current liabilities are as follows: In Thousand Baht Consolidated financial statements As at December 31, Separate financial statements As at December 31, Undue output VAT 104 32,971 - 26,448 VAT payable 8,811 121 8,706 - Others 6,936 6,625 2,365 1,629 Total 15,851 39,717 11,071 28,077
OTHER CURRENT LIABILITIES. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at December 31, 2020 As at December 31, 2019 As at December 31, 2020 As at December 31, 2019 Value added tax suspense 73,915 63,306 22,310 16,713 Withholding tax deduct payable 9,437 5,613 8,697 3,407 Deposit 2,340 35,646 2,200 2,900 Provisions for repair project 5,272 1,522 3,113 1,014 Others 2,138 3,827 1,538 1,518 Total 93,102 109,914 37,858 25,552
25.1 Movement of provisons for employee benefit for the years ended December 31, 2020 and 2019 shown as follow :- In Thousand Baht Consolidated Financial Statements Separate Financial Statements The statements of financial position 2020 (For the year) 2019 (For the year) 2020 (For the year) 2019 (For the year) Employee benefit obligations, beginning 103,946 56,769 47,065 24,002 Employee benefit obligations paid 11,822 11,779 9,478 5,162 Past service cost and interest - Change a considered a post employment plan amendment - 16,562 - 7,218 - Amendment in other long-term employee benefit - 10,446 - 5,279 Loss estimation over actuarial principles 372 8,390 49,645 5,404 Employee benefit obligations, ending 116,140 103,946 106,188 47,065 Post-employment defined benefit plans The Group operates a defined benefit pension plan based on the requirement of Thai Labour Protection Act B.E. 2541 to provide retirement benefits to employees based on pensionable remuneration and length of service. The defined benefit plans expose the Group to actuarial risks, such as longevity risk, interest rate risk and market (investment) risk.
25.2 Revenues and expenses recognized in the statement of comprehensive income for the years ended December 31, 2020 and 2019 are as follows: In Thousand Baht Consolidated Financial Statements Separate Financial Statements The statement of comprehensive income 2020 2019 2020 2019 Cost of sale of real estate 2,874 8,496 2,195 2,965 Distribution costs 1,280 3,528 1,265 1,739 Administrative expenses 6,163 26,763 8,615 12,955 Total 10,317 38,787 12,075 17,659 Loss on actuarial gain loss 1,877 8,390 47,048 5,404 Total 12,194 47,177 59,123 23,063
25.3 Gain and loss from the estimate based on actuarial principles recognized in the statement of comprehensive income for the years ended December 31, 2020 and 2019 arise from In Thousand Baht Consolidated Financial Statements Separate Financial Statements Recognize in other comprehensive income 2020 2019 2020 2019 Financial assumption (283) 11,683 2,176 7,020 Population assumpti...
OTHER CURRENT LIABILITIES. All legal reserves recorded for Excluded Liabilities are excluded from the calculation of each Adjusted Working Capital balance.
OTHER CURRENT LIABILITIES. All other current liabilities of Seller, but only to the extent existing as of Closing and accrued for on the Definitive Closing Working Capital Statement.
OTHER CURRENT LIABILITIES. The amounts included in the current liabilities accounts shall be determined in accordance with the Company's past practice and in a manner consistent with the preparation of the Audited Financial Statements. In determining the other current liabilities, the following shall be excluded:
OTHER CURRENT LIABILITIES. All current liabilities (including, but not limited to, accrued vacation pay of
