Page 303 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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Form 56-1 One Report 2022
During the year ended 31 December 2022, the Company’s contributions to the provident

funds totaling Baht 95 million which is treated as expenses in profit or loss ( 2021: Baht
96 million).

23.2 Provisions for litigation cases

(Unit: Million Baht)
For the years ended 31 December
2022 2021

Beginning balance 27 26
Increase provisions 5 1
Ending balance 32 27

24. Financial institutions creditors for loan purchased

As at 31 December 2022, the outstanding financial institution creditor for loan purchase of

Baht 482 million was payable for the purchase of NPLs under the asset transfer agreement
dated 21 December 2022. The payment will be due by June 2023.

25. Other liabilities

(Unit: Million Baht)
31 December 2022 31 December 2021
Deposit and marginal deposit
- from sale of properties for sale 25 31

- others 14 13
Liabilities between Bangkok Commerce Plc. and the Company 19 19
Suspense account and clearing cheque 119 117

Suspense account for debt repayment 159 112
Others 39 66
Total 375 358

26. Statutory reserve

Pursuant to Section 116 of the Public Limited Companies Act B.E. 2535, the Company is

required to set aside to a statutory reserve at least 5 percent of its net profit after deducting
accumulated deficit brought forward (if any), until such reserve reaches 10 percent of its
registered share capital. The statutory reserve is not available for dividend distribution.

At present, the statutory reserve has fully been set aside.

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