Page 149 - Mono Technology Public Company Limited : Annual Report 2013

Long-term employee benefit expenses included in the profit or loss were as follows:

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

2013 2012 2013 2012
Current service cost 4,309 3,489 2,267 1,913
Interest cost 774 325 456 87

Actuarial loss - 2,128 - 1,764

Total expenses recognised
in the income statement
(included in the
administrative expenses) 5,083 5,942 2,723 3,764

Principal actuarial assumptions at the valuation date were as follows:

2013 2012
Discount rate 3.9 - 4.4% 3.9 - 4.4%

Future salary increase rate 5% 5%

Amounts of defined benefit obligation for the current and previous two years are as follows:

(Unit: Thousand Baht)

Experience adjustments arising
Defined benefit obligation
on the plan liabilities
Consolidated Separate Consolidated Separate
financial financial financial financial
statements statements statements statements
Year 2013 23,993 13,796 - -

Year 2012 18,910 11,073 (1,460) (1,538)

Year 2011 12,968 7,309 - -

16. Share capital

On 3 June 2013, the Company made an initial public offering of 245 million shares with a par value
of Baht 0.1 each, at a price of Baht 11.40 per share, for total proceeds of Baht 2,793 million.

The Company incurred expenses relating to the share offering totaling Baht 73 million (net of income tax
of Baht 17 million), and these were presented as a deduction from the premium on ordinary shares.
The Company registered the increase of its paid-up share capital to Baht 140 million (1,400 million

ordinary shares of Baht 0.1 each) with the Ministry of Commerce on the same date.

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