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5.8 Provisions for litigation case
The Company has contingent liabilities as a result of litigation. The management is required
judgement to assess of the results of the litigation. If the management believes that no loss
will result, therefore no contingent liabilities are recorded.
6. Classification of financial assets and financial liabilities
(Unit: Million Baht)
31 December 2022
Bangkok Commercial Asset Management Public Co., Ltd.
Financial instruments
Designated to be
measured at fair
value through other
comprehensive Measured at
income amortised cost Total
Financial assets
Cash - 86 86
Interbank and money market items -
deposits at financial institutions - 6,647 6,647
Investments 476 - 476
Loans purchased of receivables and
accrued interest receivables - 72,384 72,384
Installment sale receivables and accrued
interest receivables - 903 903
Accrued income from auction sale - 12,299 12,299
Advance for expenses on the asset
acquisition and others - 734 734
Other assets
- Employee benefit receivables and
accrued interest receivables - 31 31
- Advances for legal expenses - 39 39
Financial liabilities
Debts issued and borrowings - 85,552 85,552
Accrued interest payables - 656 656
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