Page 304 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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27. Capital management

The primary objective of the Company’s capital management is to ensure that it has an
appropriate capital structure to support its business and maximise shareholder value. As at

31 December 2022, the Company’s debt-to-equity ratio was 2.04:1 (2021: 1.94:1).

28. Interest income

(Unit: Million Baht)
Bangkok Commercial Asset Management Public Co., Ltd.
For the years ended 31 December

2022 2021

Loans purchased of receivables
- Interest income - part of amount received 2,398 1,516

- Interest income - part of accrued receivables 3,678 4,531
- Gain on loans purchased of receivables 3,703 3,322
Total loans purchased of receivables 9,779 9,369
Interbank an money market items - deposits

at financial institutions 17 8
Revaluation on accrued income from auction sale (70) 75
Installments sale receivables 112 115

Others 1 2
Total interest income 9,839 9,569

Interest income for the year ended 31 December 2022 including interest income from loan
purchased of receivables amounting to Baht 3,678 million (2021: Baht 4,531 million), which

the Company recognised an accrual basis following the Company’s accounting policy.
However, the Company recognised expected credit loss for the whole amount of those
interest income.

29. Interest expenses

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

2022 2021
Debts issued - debentures 2,260 1,959
Debts issued - promissory notes 96 107

Borrowings 281 493
Total interest expenses 2,637 2,559

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