Page 67 - Annual report eng 2019

Tycoons Worldwide Group (Thailand) Plc.

Tycoons Worldwide Group (Thailand) Public Company Limited
Statement of financial position (continued)
As at 31 December 2019
(Unit: Baht)

Financial statement
in which equity method is applied Separate financial statements
Note 2019 2018 2019 2018
Liabilities and shareholders' equity
Current liabilities
Short-term loans from financial institutions 15 1,501,830,462 1,692,820,133 1,501,830,462 1,692,820,133
Trade and other payables 16 510,515,935 831,870,148 510,515,935 831,870,148
Current portion of long-term loans from
financial institutions 17 56,310,399 32,000,000 56,310,399 32,000,000
Current portion of liabilities under
finance lease agreements - 80,394 - 80,394
Advance received from customers 71,533,894 91,864,890 71,533,894 91,864,890

Other current liabilities 3,535,249 11,555,560 3,535,249 11,555,560
Total current liabilities 2,143,725,939 2,660,191,125 2,143,725,939 2,660,191,125
Non-current liabilities
Long-term loans from financial institutions -
net of current portion 17 41,767,606 46,000,000 41,767,606 46,000,000
Provision for long-term employee benefits 18 37,056,371 22,643,271 37,056,371 22,643,271
Total non-current liabilities 78,823,977 68,643,271 78,823,977 68,643,271
Total liabilities 2,222,549,916 2,728,834,396 2,222,549,916 2,728,834,396

The accompanying notes are an integral part of the financial statements.

58