Page 132 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

9. Inventories

(Unit: Thousand Baht)
Consolidated financial statements
Reduce cost to
Cost net realisable value Inventories - net
2024 2023 2024 2023 2024 2023
Finished goods 324,910 378,103 (15,053) (11,559) 309,857 366,544
Work in process 268,355 179,684 (2,833) (7,551) 265,522 172,133
Raw materials 762,672 458,007 (10,966) (877) 751,706 457,130
Spare parts, factory
supplies and scrap 444,059 411,973 (2,451) (23) 441,608 411,950
Goods in transit 48,199 16,987 (38) - 48,161 16,987

Total 1,848,195 1,444,754 (31,341) (20,010) 1,816,854 1,424,744

(Unit: Thousand Baht)
Separate financial statements
Reduce cost to
Cost net realisable value Inventories - net
2024 2023 2024 2023 2024 2023
Finished goods 307,831 378,103 (14,690) (11,559) 293,141 366,544
Work in process 267,291 179,684 (2,817) (7,551) 264,474 172,133
Raw materials 732,712 458,007 (10,921) (877) 721,791 457,130
Spare parts, factory
supplies and scrap 441,005 411,973 (2,451) (23) 438,554 411,950
Goods in transit 38,595 16,987 (2) - 38,593 16,987

Total 1,787,434 1,444,754 (30,881) (20,010) 1,756,553 1,424,744
During the current year, the Group reduced cost of inventories by Baht 11 million (the

Company only: Baht 11 million), to reflect the net realisable value. This was included in cost of
sales. In addition, during the year 2023, the Group reversed the write- down of cost of
inventories to net realisable value by Baht 12 million (the Company only: Baht 12 million), and
reduced the amount of inventories recognised as expenses during the year.

10. Restricted bank deposits

These represent fixed deposits pledged with the banks to secure credit facilities that carried

interests between 0.70 and 1.20 percent per annum (2023: between 0.70 and 1.20 percent per
annum).

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