Page 146 - Mono Technology Public Company Limited : Annual Report 2013

12. Deposits and retentions

(Unit: Thousand Baht)
Consolidated Separate
financial statements financial statements

2013 2012 2013 2012

Deposit for digital TV spectrum license auction 38,000 - - -
Deposits for land acquisition 68,000 - - -

Others 24,507 14,139 5,421 7,212

Total deposits and retentions 130,507 14,139 5,421 7,212

12.1 Mono Broadcast Co., Ltd., a subsidiary, won digital TV spectrum license auction for variety

Standard Definition (SD) (“the license”) held by the National Broadcasting and
Telecommunications Commission (“NBTC”). The subsidiary was required to make payment for
the bid price of Baht 2,250 million (exclusive of VAT) under the following payment conditions:

1) Payment for the minimum bid price of the license fee amounting to Baht 380 million, divided

into 4 installments and has to be made within 3 years from the date of obtaining the license
as specified by NBTC.

2) For the exceeding amount of the minimum bid price of the license fee, the payment is divided
into 6 installments and has to be made within 5 years from the date of obtaining the license

as specified by NBTC.

The subsidiary was required to request the digital TV license within 45 days upon the date it was

notified of the winning (13 January 2014). The license is valid for 15 years from the date of the
license.

In addition, the subsidiary is required to pay license fee, other fees and fee for the Broadcasting
and Telecommunications Research and Development Fund for the Public Interest as specified
by NBTC.

12.2 On 18 December 2013, the meeting of Mono Production Co., Ltd.’s, a subsidiary, Board of Directors

passed a resolution regarding land acquisition, amounting to Baht 180 million, for the subsidiary’s
operations. As at 31 December 2013, the subsidiary paid the deposit for land acquisition totaling
Baht 68 million.

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