228 O N E R E P O R T 2 0 2 2 OVERVIEW BUSINESS OVERVIEW AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL INFORMATION SUSTAINABLE BUSINESS DEVELOPMENT Person who may have conflicts of interest Nature of the transaction Transaction value (Baht) Rationales 2022 2021 (1) AAI Interest income and interest expense within Capital A is calculated TAA and companies within Capital A have charged interest within the Group on the late (2) AAX upon the late payment of the net outstanding receivables/payables payment of the net outstanding receivables/payables over the due date, which is 30 days for more than 30 days from invoice date. from invoice date. 3.1 Interest income: TAA receives interest income from related Interest rate: Interest rate within Capital A is applied, equivalent to AAB’s financial cost parties on the delay of payment. at 6% per annum. 3.1.1 Interest income - AAI Payment term: within 30 days Outstanding net receivable - AAI - - Interest income receivable - AAI 463,886 448,449 Transaction in the future: Transaction will be ongoing in the future as it is a normal course of business with general commercial term under approval in principle 3.1.2 Interest income - AAX from Board of Directors and Audit Committee. Outstanding net receivable - AAX - - Interest income receivable - AAX - - (1) AAM TAA leases its aircraft and aircraft engine (operating lease) from TAA has leased its aircraft and aircraft engine from AAM for business operation. Capital A AAM of 8 aircrafts as of 31 December 2022. has a pooling purchase for higher bargaining power with manufacture. 4.1 Aircraft and aircraft engine rental - AAM 1,578,243,429 588,650,210 Lease rate: Lease rate is quoted in US Dollar term for a monthly payment with contract Aircraft and aircraft engine rental payable - AAM 1,067,141,472 1,267,593,983 period of 12 years and comparable to industry average rate. 3. Interest income and interest expenses within Capital A 4. Aircraft and aircraft engine rental
RkJQdWJsaXNoZXIy ODEyMzQ3