Page 182 - Mono Technology Public Company Limited : Annual Report 2014 EN

28. Commitments and contingent liabilities

28.1 Capital commitments

As at 31 December 2014, the Company and its subsidiaries had capital commitments of approximately

Baht 363 million (2013: Baht 160 million), relating to acquisition of land, equipment and movie rights.

28.2 Guarantees

a) As at 31 December 2014, the Company and its subsidiaries had guaranteed credit facilities of the

Company and its subsidiaries amounting to Baht 3,947 million (2013: Baht 100 million) and of the
Company only amounting to Baht 3,907 million (2013: Baht 60 million).

b) As at 31 December 2014, the Company and its subsidiaries had outstanding bank guarantees
of Baht 2,147 million (2013: Baht 6 million) and of the Company only amounting to Baht 6 million
(2013: Baht 5 million) issued by banks on behalf of the Company and its subsidiaries in respect of

performance bonds.

28.3 Operating lease and service commitments

The Company and its subsidiaries had entered into several lease agreements in respect of the lease of

office building space and other services contracts. The terms of the agreements were generally between
1 and 15 years.

As at 31 December 2014 and 2013, future minimum lease payments required under these non-cancellable
operating lease and service contracts were as follows.

(Unit: Million Baht)
2014 2013

Payable:

in up to 1 year 179 69

in over 1 and up to 5 years 343 57

in over 5 years 477 -

29. Financial instruments

29.1 Financial risk management

The Company and its subsidiaries financial instruments, as defined under Thai Accounting Standard

No.107 Financial Instruments: Disclosure and Presentations, principally comprise cash and cash
equivalents, current investments, trade and other receivables, trade and other payables, loans, borrowings,
and financial lease liabilities. The financial risks associated with these financial instruments and how they
are managed is described below.

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