Separate Financial Statements Clause Samples

Separate Financial Statements. IAS 27 addresses accounting for subsidiaries, jointly controlled entities and associates in non-consolidated financial statements. This standard will be adopted on November 1, 2013 and adoption of this standard is expected to have no significant impact on the financial statements. IAS 28 - ‘Investments in Associates and Joint Ventures’ IAS 28 has been amended to include joint ventures in its scope and to address the changes in IFRS 10 – 13. This standard will be adopted on November 1, 2013 and adoption of this standard is expected to have no significant impact on the financial statements. IAS 32 - ‘Financial Instruments: Presentation’ IAS 32 amendment provides clarification on the application of offsetting rules. The amendments are effective for annual periods beginning on or after January 1, 2014. This standard will be adopted on November 1, 2014 but the impact of its adoption is yet to be assessed.

Separate Financial Statements. Carrying amount Less Deferred debenture issuing costs (2,457) (3,163)

Separate Financial Statements. Balance as at December Increase Decrease Balance as at September Sahakarn Wisavakorn Company Limited Subsidiary company 642,000 164,000 (114,000) 692,000 Saha Hydro Pattaya Joint Venture Subsidiary company - 68,000 (28,500) 39,500 Total 642,000 232,000 (142,500) 731,500 Short-term loans from related parties carried interest at rate of 2.5% - 6.25% per annum (December 31, 2020 : 2.5% - 6.25% per annum) and due for repayment on demand and no security to guarantee. The Company has outstanding guarantee obligations with its related parties, as described in Note 24.5 During the three-month and nine-month periods ended September 30, 2021 and 2020, the Group had employee benefit expenses of their management as below. Consolidated Financial Statements Separate Financial Statements 2021 2020 2021 2020 Short-term employee benefits 5 7 4 4 Post-employment benefits - 1 1

Separate Financial Statements. After the Closing Date, fail to maintain separate financial statements, showing its assets and liabilities separate and apart from those of any other Person, or have its assets listed on the financial statement of any other Person (except under financial statement consolidation principles in accordance with GAAP). 72 Receivables Loan and Security Agreement

Separate Financial Statements. For a large portion of the portfolio, the mathematical reserve is calculated using a discount rate of 3% p.a. Starting in 1995, a discount rate of 4% p.a. was used for certain policies, and between 1 July 2000 and 31 December 2003 a discount rate of 3.25% p.a. was used. For policies with an inception date on or after 1 January 2004 the discount rate is 2.75% p.a.; on or after 23 September 2005 the discount rate is 2.25% for employer group policies. For insurance policies purchased after 1 January 2006 the discount rate is 2.25%.

Separate Financial Statements. As permitted under the Austrian Federal Ministry of Finance decree of 3 August 2001, an amount of EUR 35,674,000 (EUR 24,999,000) was transferred to an external insurance company to outsource severance pay obligations. The severance pay provision required under Austrian commercial law for 2009 was EUR 79,297,000 (EUR 70,718,000). The amount earmarked for satisfaction of the outsourced severance pay obligations and held by the external insurance company was EUR 63,244,000 (EUR 22,648,000). The difference of EUR 23,127,000 (EUR 59,290,000) between the size of the severance pay provisi- on to be formed under Austrian commercial law and the deposit held by the external insurance company is reported in the provi- sions for severance pay in the balance sheet. Amounts denominated in foreign currencies are converted into euro at the relevant average exchange rate. A portion of the underwriting items for assumed reinsurance business and the associated retrocessions for property/casualty and life insurance is deferred for one year before being shown in the annual financial statements. The following explanatory notes are provided for off-balance sheet liabilities: Letters of comfort and liability undertakings totalling EUR 48,742,000 (EUR 38,659,000) have been issued in connection with a real estate purchase and borrowing. Liability undertakings totalling EUR 94,000 (EUR 98,000) have been issued in connection with loan repayments. A total of EUR 29,149,000 (EUR 31,249,000) relates to letters of comfort with affiliated companies. Based on an amendment to the regulation of the Austrian Fed- eral Minister of Finance on the rendering of accounts by under- takings engaged in the contractual insurance business (RLVVU) in the Austrian Federal Gazette (BGBl) II No. 41/2009 in combi- nation with the “Agreement on indirect and direct business in accordance with § 1(2) RLVVU” available for inspection at the Association of Insurance Companies, business referred to as indirect and direct are both shown as direct business in the figures published in the annual financial statements as of 31 December 2009. The detailed figures for premiums, claims and commissions therefore have limited comparability with the preceding year.

Separate Financial Statements. For the three-month periods ended June 30, 2017 2016 In Thousand Baht Consolidated/Separate Financial Statements For the six-month periods ended June 30, 2017 2016 Management Management benefit expenses Short-term employee benefits 15,303 14,655 Post-employment benefits 596 554 Total 15,899 15,209

Separate Financial Statements. EUROPE SMALL CAP FUND; ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ FUNDS LATINAMERICA EUQ; JPMorgan Global Total Return Fund; JPMorgan JF India Fund (A); ▇▇ ▇▇▇▇▇▇ PACIFIC EQUITY A DIST – USD FUND; ▇▇ ▇▇▇▇▇▇ US Small Growth Cap A Dist USD; ▇▇▇▇▇▇ ▇▇▇▇ Multistock Black Sea Fund (A); Kapital u ▇▇▇▇ Premium Ausgewogen (T) Anteile; Kapital u ▇▇▇▇ Premium Dynamisch (T) Anteile; L. ETF Euro M. CBA – Parts de Distributi- on et/ou de Capital; Lyxor ETF DJ Buywrite - Parts de Capitalisa- tion/Distribution; Lyxor ETF Euro 5-7Y; Lyxor ETF Euro MTS; Lyxor ETF World Water; Lyxor Euro MTS 3-5Y; Market Access ▇▇▇ ▇▇▇▇▇▇ Int Commodity Index; M & G 1 Global Basic Ac- cum.Shs.Class A; MLIIF New Energy Fd; MLIIF World Mining Shs A2 Capitalisation; MMT Global Selection; ▇▇▇▇▇▇ ▇▇▇▇- ▇▇▇ EMERGING MKTS USD FUND(T); ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇.MKTS.DEBT USD FUND (T); ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Investment Funds SICAV; ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ JAPANESE VALUE EQUITY FUND (T); Multi Invest OP; Multi Invest Spezial OP; Nord Con- cept Anteile; OP Food Anteile (A); PEH Strategie Flexibel; PIA AMERICA STOCK FONDS (T); PIA DOLLAR BOND FONDS (T); PIA DOLLAR CASH FONDS; PIA EURO BOND FONDS; PIA EURO CASH FONDS (T); PIA EURO CORPORATE BOND FONDS (T); PIA Euro Plus Bond VT; PIA MASTER FONDS DYNAMISCH (T); PIA MASTER FONDS KONSERVATIV (A) ANTEILE; PIA MASTER FONDS PROGRESSIV (T); PIA MASTER FONDS TRADITIONELL (T); ▇▇▇ ▇▇▇▇▇▇ BOND (A) Miteigentumsanteile; PIA SELECT EU- ROPE STOCK (A) Miteigentumsanteile; PIA SELECT EUROPE STOCK (T); PIA TRADERENT (T); PICTET FUNDS FCP-BIOTECH ANT. –P; Pictet Funds (Lux) Sicav Security; Pictet Funds (LUX) Sicav Water; Pioneer Em Mkt Bd – Units – A Annually EUR Hedged Distrib.; Pioneer Euro Aggregate Bond; Pioneer Global Ecology; Pioneer Investments European Bond Special; PSM Growth UI; PSM Value Strategy UI – (T); Raiffeisen Euro Rent (T); RF Eurasien Aktien – Anteile; RT Absolute Return Bond Fund T; RT ACTIVE GLOBAL TREND (T) (v.RT BlueChipsfonds); RT Euro Cash Plus (T) Fonds; RT Osteuropa Absolute Return Miteigen- tumsfonds T; RT Osteuropa Aktienfonds Miteigentumsanteile T; RT PIF DYNAMISCH FONDS(T); RT PIF TRADITIONELL FONDS(T); RT VIF VERSICHERUNG INT. FONDS THESAURIEREND; RT VOR-