Page 54 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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In order to determine the price for bidding of NPAs, the Company will consider several factors, for example, obligation
of NPAs (if any), the assets’ value as determined by the Legal Execution Department, the Company’s internally appraised
price, etc.

The following table depicts the sources of NPAs.
Bangkok Commercial Asset Management Public Co., Ltd.
Baht (in millions)

2022
Auction from Transferring of
financial collaterals/ other assets Unused Total
institution for the settlement branches

Real estate property
At the beginning of the year 5,324 32,227 41 37,592
Increase 216 7,121 - 7,337
Decrease (820) (3,940) - (4,760)
At the end of the year 4,720 35,408 41 40,169

Movable property
At the beginning of the year 4 396 - 400
Increase - 23 - 23
Decrease - (165) - (165)
At the end of the year 4 254 - 258
Total year-end balance 4,724 35,662 41 40,427
Less Adjusting of NPAs’ values (7,860)
Less Allowance for impairment loss (541)
NPAs - net 32,026

The Company has many NPAs around the country, for example, vacant land (including the real estate properties
used for agriculture), hotels, commercial properties, residential properties such as single-houses, townhouses, and
condominiums, etc.

(2) NPAs management (including maintenance and renovation)
The Company will inspect all NPAs that it acquires, in order to determine the necessity for renovation or
maintenance of said assets. The Company relies on its expertise in NPAs management business for this task. Also, the
decision for investing money in the renovation of NPAs depends on the general condition of such assets and the
worthiness of the investment.

After acquiring NPAs, the Company will send a team to evaluate the value of such NPAs one more time.

This is because during this period, the Company has the legal right to more thoroughly inspect NPAs.