Page 346 - BAM ONE REPORT 2564 (ENGLISH VERSION)
P. 346

344   Attachment






          Equipment
                 The table below shows the details of equipment owned by the Company:


                                                                              Net book value
                                                                          as of December 31, 2021
                  Type                     Objective of possession            (Baht million)   Encumbrance

             1.  Furniture         Supporting the Company’s business operation    26.5              None
             2.  Office equipment   Supporting the Company’s business operation    10.1              None

             3.  Vehicles          Supporting the Company’s business operation    92.2              None
             4.  Computers         Supporting the Company’s business operation    19.8              None

             Total                                                               148.6




          Intangible Assets


                                                                                       Net book value
                                                                                   as of December 31, 2021
                    Assets                         Objective                            (Baht million)

              Computer software    Supporting the Company’s business operation                           25.2
              Total                                                                                 25.2



                Moreover, on January 29, 2016, the Company registered its trademarks, service marks and logo with the
           Department of Intellectual Property, Ministry of Commerce, in order to prevent outsiders from registering the Company’s
           trademarks and wrangling over the right to use such trademarks in the future. Nonetheless, under the terms and
           conditions of such trademark registration, the Company expressed its intention to not reserve as its sole and exclusive
           right to use the Thai characters “บสก” (“BorSorKor” - the abbreviation of the Company’s Thai name) because they
           are ordinary letters not created with distinctive characteristics in accordance with Section 17 of the Trademark Act B.E.
           2534 (as amended). The said trademark registration is valid for a period of 10 years after the registration date and can
           be renewed for subsequent terms of 10 years each.

           Insurance Agreements
                The Company has a policy to take out fire insurance for buildings which are collateral underlying its NPLs and
           NPAs and to appoint itself as the beneficiary of the insurance policy, with the insured amount covering the appraised
           value of the buildings.


                Moreover, the Company has executed a property insurance agreement for its Head Office and branch offices
           and an auto insurance agreement for its vehicles, the details of which are as follows:

                Property Insurance Agreement for principal office and branch offices
           Insurer              Thai Insurance Public Company Limited
           Insured              The Company
           Beneficiary           The Company
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