Page 142 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

The result of sensitivity analysis for significant assumptions that affect the increase (decrease)
in present value of the long-term employee benefit obligation as at 31 December 2024 and
2023 are summarised below.

(Unit: Million Baht)
Consolidated/Separate financial statements
2024 2023

Increase 0.5% Decrease 0.5% Increase 0.5% Decrease 0.5%
Discount rate (3) 3 (3) 3
Salary increase rate 3 (3) 3 (3)

19. Statutory reserve

Pursuant to Section 116 of the Public Limited Companies Act B.E. 2535, the Company is

required to set aside to a statutory reserve at least 5 percent of its net income after deducting
accumulated deficit brought forward (if any), until the reserve reaches 10 percent of the
registered capital. The statutory reserve is not available for dividend distribution.

20. Expenses by nature

Significant expenses classified by nature are as follows.
(Unit: Thousand Baht)

Consolidated Separate
financial statements financial statements

2024 2023 2024 2023
Salaries and wages and other employee
benefits 289,257 324,263 282,453 324,263

Depreciation and amortisation 212,387 225,155 204,715 224,745
Freight-out expenses 77,658 101,715 74,979 101,715

Raw materials and consumables used 3,209,054 4,015,318 3,115,272 4,015,318
Changes in finished goods and work
in process (35,478) 203,229 (17,335) 203,229

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