305 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 Gross amounts not offset in the statement of financial position reflect amounts subject to conditional offsetting arrangements. Consolidated financial statements Gross amounts Amounts offset Net amounts recognised in the statement of financial position As at 31 December 2021 Amounts due from related parties 1,475 (380) 1,095 Amounts due to related parties (1,740) 434 (1,306) (265) 54 (211) Consolidated financial statements Gross amounts Amounts offset Net amounts recognised in the statement of financial position As at 31 December 2022 Amounts due from related parties 2,546 (6) 2,540 Amounts due to related parties (1,706) 284 (1,422) 840 278 1,118 (Unit: Baht Million) (Unit: Baht Million) 39. Capital management The Group’s objectives for managing capital are to safeguard the Group’s ability to continue as a going concern in order to provide returns for shareholders and benefits for other stakeholders and to maintain an optimal capital structure to reduce the cost of capital. In order to maintain or adjust the capital structure, the Group may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt. In order to obtain the promotional privileges from the Board of Investment, the Group has also to maintain minimum capital investment as specified in each certificate. 40. Approval of financial statements These consolidated financial statements were authorised for issue by the Company’s Board of Directors on 23 February 2023. 38.4 Offsetting of financial instruments The following table presents the recognised financial instruments that are offset, or subject to enforceable master netting arrangements or similar agreements but not offset, as at 31 December 2022 and 2021
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