Page 129 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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Form 56-1 One Report 2022

• For three-month period ended December 31, 2022, the Company has other operating expenses of Baht
861 million, increasing by 24.4% qoq and 9.4% yoy. For the year ended December 31, 2022, the Company has
other operating expenses of Baht 2,888 million, increasing by 5.9% yoy, mainly due to
- In Q4/2022, the Company has recorded an additional impairment loss on properties for sale (reversal)
of Baht 25 million, increasing by 350.0% qoq and 24.4% yoy. For the year ended December 31, 2022,
the Company recorded impairment loss on the properties for sale of Baht 33 million, increasing by
57.1% yoy, mainly because of the revision of appraisal value and the increase in the number of NPAs.
- In Q4/2022, the Company has properties for sale expenses of Baht 53 million, decreasing by 18.5% qoq
and increasing 39.5% yoy. For the year ended December 31, 2022, the Company has properties for
sale expenses of Baht 285 million, increasing by 109.6% yoy, mainly due to the cost of handling
chemical contamination on a property in Q2/2022 and Q4/2022 of Baht 97.47 million and land and
building tax.
- In Q4/2022, the Company has other expenses of Baht 82 million, increasing by 13.9% qoq and
215.4% yoy, due to an adjustment in accounting items in Q4/2021. For the year ended December
31, 2022, the Company has other expenses of Baht 245 million, increasing by 8.4% yoy, mainly due
to expenses incurred in corporate image, advertising, and marketing promotions.

Expected credit loss
For the year ended December 31, 2022, the Company recorded the expected credit loss of Baht 4,049
million, decreasing by 15.0% yoy, mainly because the Company had more collection and interest income on loans
purchased of receivables - part of amount received, compared to the preceding year. The expected credit loss for
“loans purchased of receivables” of Baht 4,009 million, divided into loans purchased of receivables - accrued
interest receivables of Baht 3,678 million and additional debt quality of Baht 331 million.

Collection from NPLs and NPAs management businesses
The Company believes that for the NPLs and NPAs management business, collection is a key performance
indicator which is applied by other operators in the same business and various investors. Collection is calculated
based on key items and so does not include all collection items from NPLs and NPAs management business.
However, collection is not a standard indicator prescribed by TFRS, and so the methods of calculation may differ
from methods of calculation used by other companies for similar items.

Collection Received from NPLs Management Business
The following table sets forth the collection received from NPLs management business for the year ended
December 31, 2019, 2020, 2021, and 2022.