Page 148 - Mono Technology Public Company Limited : Annual Report 2013

Future minimum lease payments required under the finance lease agreements were as follows:

(Unit: Thousand Baht)
As at 31 December 2013

Consolidated Separate
financial statements financial statements

Less than Less than
1 year 1-5 years Total 1 year 1-5 years Total
Future minimum lease payments 18,341 15,279 33,620 4,103 849 4,952

Deferred interest expenses (1,511) (634) (2,145) (143) (17) (160)

Present value of future minimum
lease payments 16,830 14,645 31,475 3,960 832 4,792

(Unit: Thousand Baht)

As at 31 December 2012
Consolidated Separate
financial statements financial statements

Less than 1-5 years Total Less than 1-5 years Total
1 year 1 year
Future minimum lease payments 18,885 17,512 36,397 9,656 5,226 14,882
Deferred interest expenses (1,671) (959) (2,630) (566) (215) (781)

Present value of future minimum
lease payments 17,214 16,553 33,767 9,090 5,011 14,101

15. Provision for long-term employee benefits
Provision for long-term employee benefits, which is compensations on employees’ retirement, was as follows:

(Unit: Thousand Baht)

Consolidated Separate
financial statements financial statements
2013 2012 2013 2012

Defined benefit obligation at beginning of year 18,910 12,968 11,073 7,309

Current service cost 4,309 3,489 2,267 1,913

Interest cost 774 325 456 87

Actuarial loss - 2,128 - 1,764
Provisions for long-term employee benefits
at end of year 23,993 18,910 13,796 11,073

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