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

