Page 131 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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Form 56-1 One Report 2022

Collection from NPAs Management Business
The following table sets forth the collection from the Company’s NPAs management business for the year
ended December 31, 2019, 2020, 2021, and 2022.

Year ended December 31,
Collection received from NPAs management business 2019 2020 2021 2022
Baht Baht Baht Baht
(Million) (Million) (Million) (Million)

Outright sales
Gain on sale of properties for sale collected in cash 2,907.3 1,997.9 2,963.2 2,535.2
1
Decreased acquisition or transfer costs of properties for sale - net 2,316.9 1,881.5 3,280.8 3,381.2
Total collection from sale of properties for sale-Outright sales 5,224.2 3,879.4 6,244.0 5,916.4
Installment sales
Interest income 108.0 95.0 115.0 112.0
Collected debt repayment during the period 341.4 724.0 917.0 688.6
(in terms of cost and gain)
Total collection from installment sales of properties for sale 449.4 819.0 1,032.0 800.6
Total collection received from NPAs

2
Management business 5,673.6 4,698.4 7,276.0 6,717.0

Notes: 1 Decreased net acquisition or transfer costs of properties for sale is calculated from (i) the total decreased
acquisition, transfer costs of properties for sale and adjustment and (ii) any reversal from revaluation
of properties for sale sold during the periods.
2 Collection from NPAs management business is calculated from (i) cash collected from outright sales;
(ii) plus cash collected from installment sales. We believe that, for our NPAs management business,
cash collection is a key performance indicator which is applied by other operators in the same business
and various investors for the estimated cash flow from NPAs management business. Collection from
NPAs management business is calculated based on key items only, and so does not include all
collection from the NPAs management business, such as (i) dividends from our investment in securities;
(ii) rent; (iii) gain from foreclosures of installment sales and (iv) other income from the breach of
agreements, including asset sale agreements. However, this collection is not an indicator of actual
cash flow of our NPAs management business nor a standard indicator prescribed by TFRS, and so our
methods of calculation may differ from methods of calculation used by other companies for similar items.

For the year ended December 31, 2022, the Company’s collection received from NPAs management
business is Baht 6,836.5 million which consisted of Baht 5,916.4 million from outright sales and Baht 800.6 million
from installment sales, and the Company’s other incomes, such as rents and forfeited money, amount to Baht
119.5 million.