Page 57 - E-BOOK

The following table depicts the sources of NPAs.
Baht (in millions)
2020

Auction from Transferring of collaterals/ Unused
financial institution other assets for the branches Total
settlement

Real estate property
At the beginning of the year 5,388 26,808 40 32,236
Increase 1,148 7,005 1 8,154
Decrease (490) (3,618) - (4,108)
At the end of the year 6,046 30,195 41 36,282
Movable property
At the beginning of the year 4 348 - 352
Increase - 9 - 9
Decrease - (4) - (4)
At the end of the year 4 353 - 357
Total year-end balance 6,050 30,548 41 36,639
Less Adjusting of NPAs’ values (8,073)
Less Allowance for impairment loss (488)
55
NPAs - net 28,078

The Company has many NPAs around the country, for example, vacant land (including the real estate
properties used for agriculture), hotels, commercial properties, residential properties such as single-houses,
townhouses, and condominiums, etc.

(2) NPAs management (including maintenance and renovation)
The Company will inspect all NPAs that it acquires, in order to determine the necessity for renovation or
maintenance of said assets. The Company relies on its expertise in NPAs management business for this task. Also,
the decision for investing money in the renovation of NPAs depends on the general condition of such assets and the
worthiness of the investment.

After acquiring NPAs, the Company will send a team to evaluate the value of such NPAs one more time.
This is because during this period, the Company has the legal right to more thoroughly inspect NPAs.

If the after the evaluation the Company deems that no maintenance or renovation is required, the Company
will initiate the sales process of those NPAs immediately. On the other hand, if maintenance or renovation is
required, the Company will renovate or repair such NPAs before initiating the sales process.