Page 253 - BTSGroup ONE REPORT 2021/22_EN

BTS Group Holdings Public Company Limited 6.4 Notes to Consolidated Financial Statements 251
Annual Report 2021/22

Set out below is the movement in the allowance for expected credit losses of trade receivables and insurance premium receivables.

(Unit: Thousand Baht)
Consolidated f nancial statements Separate f nancial statements
Beginning balance 218,416 7,347
Acquisitions of subsidiary 328 -
Provision for expected credit losses 28,424 -
Write-off (2,077) -
Received payment (6,015) -
Ending balance 239,076 7,347

9. Inventories
(Unit: Thousand Baht)

Consolidated f nancial statements
Cost Reduce cost to net realisable value Inventories - net
2022 2021 2022 2021 2022 2021
Finished goods 390,112 20,090 (11,693) (360) 378,419 19,730
Goods in transit 1,318 - - - 1,318 -
Total 391,430 20,090 (11,693) (360) 379,737 19,730

10. Receivables under agreements with government authority/ a specified period and receive a monthly fixed payment as stipulated
Receivables due in future under agreements with government in the agreement. Krungthep Thanakom has a call option to purchase
authorities the trains at the end of the agreement at the rates stipulated in
Receivables consist of the following: the agreement.

a) A receivable relating to the provision of operation, maintenance b) A receivable relating to the provision of operation, maintenance and
and train procurement services for extension line - Silom and train procurement services for the Green Line under the Operating
Sukhumvit, and the core line after the expiry of the existing and Maintenance Agreement for the Green Line (Mochit-Sapanmai-
concession, in accordance with an arrangement under the Operating Kukot and Bearing-Samutprakan) as described in Note 1.2.1 c) to the
and Maintenance of Bangkok Mass Transit System Agreement, financial statements. The Group is to provide operation, maintenance
as described in Note 1.2.1 b) to the financial statements. The Group is and train procurement services for a specified period and receive a
to provide operation, maintenance and train procurement services for monthly fixed payment as stipulated in the agreement.