Page 141 - TGIA_AnnualReport2015

7. Loans to Employees
According to the Regulation of the Thai General Insurance Association on Loans as a Welfare to
Employees, dated May 24, 2011, the fund has been established to provide a loan to the employee at a maximum

limit of not more than 2 times of the salary or 50,000 Baht. The payback period is not more than 24 months.

8. Fixed Deposit with Guarantying Obligations

As at December 31, 2014, the fixed deposit which was used as collateral of letter of guarantees issued
by the bank amounting 187,984.03 Baht.

9. Equipment and Vehicle
Baht
Office Equipment Vehicle Total
As of December 31, 2014
Cost 11,138,345.73 2,960,000.00 14,098,345.73
Less Accumulated depreciation (7,666,665.48) (128,668.49) (7,795,333.97)
Net book value 3,471,680.25 2,831,331.51 6,303,011.76
Transaction during the year as of December 31, 2015
Net book value at beginning of year 3,471,680.25 2,831,331.51 6,303,011.76
Plus Purchased assets 2,381,003.26 - 2,381,003.26
Less Depreciation (1,184,735.02) (236,000.00) (1,420,735.02)
Net book value at the year end 4,667,948.49 2,595,331.51 7,263,280.00
as of December 31, 2015
Cost 13,519,348.99 2,960,000.00 16,479,348.99
Less Accumulated depreciation (8,851,400.50) (364,668.49) (9,216,068.99)
Net book value 4,667,948.49 2,595,331.51 7,263,280.00

10. Computer Program
Baht
2015 2014
As of January 1
Cost 2,049,552.00 350,000.00
Less Accumulated amortization (263,753.56) -
Net book value 1,785,798.44 350,000.00
Transaction during the year as of December 31
Net book value at beginning of year 1,785,798.44 350,000.00
Plus Purchased assets 941,750.00 1,699,552.00
Less Amortization (513,233.15) (263,753.56)
Net book value at the year end 2,214,315.29 1,785,798.44
as of December 31
Cost 2,991,302.00 2,049,552.00
Less Accumulated amortization (776,986.71) (263,753.56)
Net book value 2,214,315.29 1,785,798.44

138 รายงานประจาปี 2558 | Annual Report 2015
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