Common use of LAND HELD FOR DEVELOPMENT Clause in Contracts

LAND HELD FOR DEVELOPMENT. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at June As at December As at June As at December 30, 2021 31, 2020 30, 2021 31, 2020 Beginning balance 1,636,618 1,673,191 1,563,210 1,599,783 Add - Increase during the period 90,399 52,456 90,399 52,456 - Transfer from property development costs 1,246 27,906 1,246 27,906 Total 1,728,263 1,753,553 1,654,855 1,680,145 Less - decrease during the period (11,399) - (11,399) - - Transfer to property development costs - (116,935) - (116,935) Ending balance 1,716,864 1,636,618 1,643,456 1,563,210 Land held for development Current 559,396 451,636 559,040 451,279 Non-current 1,157,468 1,184,982 1,084,417 1,111,931 1,716,864 1,636,618 1,643,457 1,563,210 As at June 30, 2021 and December 31, 2020, most of the Company’s land held for development are mortgaged as collateral against the credit facilities for long-term loans with local commercial banks, as discussed in Note 19.

Appears in 1 contract

Samples: investor.ncgroup.co.th

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LAND HELD FOR DEVELOPMENT. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at June As at December As at June As at December 30, 2021 31, 2020 30, 2021 31, 2020 Beginning balance 1,636,618 1,673,191 1,563,210 1,599,783 Add - Increase during the period 90,399 year 252,861 52,456 90,399 252,861 52,456 - Transfer from property development costs 1,246 1,164 27,906 1,246 1,164 27,906 - Transfer from property, plant and equipment 17,164 - 17,164 - Total 1,728,263 1,907,807 1,753,553 1,654,855 1,834,399 1,680,145 Less - decrease during the period year (11,39912,226) - (11,399) - - Transfer to property development costs (195,677) (108,190) (195,677) (108,190) - Transfer from property, plant and equipment - (116,9358,745) - (116,9358,745) Ending balance 1,716,864 1,699,904 1,636,618 1,643,456 1,627,323 1,563,210 Land held for development Current 559,396 853,307 451,636 559,040 853,307 451,279 Non-current 1,157,468 846,597 1,184,982 1,084,417 774,016 1,111,931 1,716,864 1,699,904 1,636,618 1,643,457 1,627,323 1,563,210 As at June 30December 31, 2021 and December 31, 2020, most of the Company’s land held for development are mortgaged as collateral against the credit facilities for long-term loans with local commercial banks, as discussed in Note 1923.

Appears in 1 contract

Samples: investor.ncgroup.co.th

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LAND HELD FOR DEVELOPMENT. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at June September As at December As at June September As at December 30, 2021 31, 2020 30, 2021 31, 2020 Beginning balance 1,636,618 1,673,191 1,563,210 1,599,783 Add - Increase during the period 90,399 147,170 52,456 90,399 147,170 52,456 - Transfer from property development costs 1,246 1,880 27,906 1,246 1,880 27,906 Total 1,728,263 1,785,668 1,753,553 1,654,855 1,712,260 1,680,145 Less - decrease during the period (11,39912,425) - (11,399) - - Transfer to property development costs - (195,677) (116,935) - (195,677) (116,935) Ending balance 1,716,864 1,577,566 1,636,618 1,643,456 1,505,184 1,563,210 Land held for development Current 559,396 436,400 451,636 559,040 436,043 451,279 Non-current 1,157,468 1,141,166 1,184,982 1,084,417 1,069,141 1,111,931 1,716,864 1,577,566 1,636,618 1,643,457 1,505,184 1,563,210 As at June September 30, 2021 and December 31, 2020, most of the Company’s land held for development are mortgaged as collateral against the credit facilities for long-term loans with local commercial banks, as discussed in Note 19.

Appears in 1 contract

Samples: investor.ncgroup.co.th

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