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Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 202437Financial statements in which the equity method is applied and separate financial statements31 December 2023Cost/AmortisedcostFairvalue(in thousand Baht)Trading securities measured at fair value through profit and loss Government bonds and state enterprise debt securities 193,927 194,402Private debt securities 11,441,538 10,166,062Equity securities 191,351 175,183Total 11,826,816 10,535,647Less Unrealised losses (1,291,169) -Total trading securities measured at fair value through profit and loss 10,535,647 10,535,647 Available-for-sale securities measured at fair value through other comprehensive income Government bonds and state enterprise debt securities 1,549,463 1,651,664Private debt securities 2,431,526 2,361,069Foreign debt securities 2,867,375 2,590,768Equity securities 45,021,332 42,287,094Foreign equity securities 28,531,752 31,735,545Total 80,401,448 80,626,140Add Unrealised gains 224,692 -Total available-for-sale securities measured at fair value through other comprehensive income 80,626,140 80,626,140 Held-to-maturity securities measured at amortised cost Government bonds and state enterprise debt securities 292,911,982 301,125,793Private debt securities 141,261,488 141,556,166Foreign debt securities 42,222,972 40,165,911Deposits at bank with original maturities over 3 months 146,400 146,400Total 476,542,842 482,994,270Less Allowance for expected credit loss (1,201,585) -Total held-to-maturity securities measured at amortised cost 475,341,257 482,994,270 Total investments in securities 566,503,044 574,156,057 As at 31 December 2024, the Company has pledged saving tickets of Baht 10.0 million (2023: Baht 10.0 million)as a collateral with a Bank for selling of life insurance policies through banking channel.As at 31 December 2024, the Company has pledged government bond amounting to Baht 7.4 million (2023: Baht 9.8 million) as a collateral for loan protection group life insurance.Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 202437Financial statements in which the equity method is applied and separate financial statements31 December 2023Cost/AmortisedcostFairvalue(in thousand Baht)Trading securities measured at fair value through profit and loss Government bonds and state enterprise debt securities 193,927 194,402Private debt securities 11,441,538 10,166,062Equity securities 191,351 175,183Total 11,826,816 10,535,647Less Unrealised losses (1,291,169) -Total trading securities measured at fair value through profit and loss 10,535,647 10,535,647 Available-for-sale securities measured at fair value through other comprehensive income Government bonds and state enterprise debt securities 1,549,463 1,651,664Private debt securities 2,431,526 2,361,069Foreign debt securities 2,867,375 2,590,768Equity securities 45,021,332 42,287,094Foreign equity securities 28,531,752 31,735,545Total 80,401,448 80,626,140Add Unrealised gains 224,692 -Total available-for-sale securities measured at fair value through other comprehensive income 80,626,140 80,626,140 Held-to-maturity securities measured at amortised cost Government bonds and state enterprise debt securities 292,911,982 301,125,793Private debt securities 141,261,488 141,556,166Foreign debt securities 42,222,972 40,165,911Deposits at bank with original maturities over 3 months 146,400 146,400Total 476,542,842 482,994,270Less Allowance for expected credit loss (1,201,585) -Total held-to-maturity securities measured at amortised cost 475,341,257 482,994,270 Total investments in securities 566,503,044 574,156,057 As at 31 December 2024, the Company has pledged saving tickets of Baht 10.0 million (2023: Baht 10.0 million)as a collateral with a Bank for selling of life insurance policies through banking channel.As at 31 December 2024, the Company has pledged government bond amounting to Baht 7.4 million (2023: Baht 9.8 million) as a collateral for loan protection group life insurance.Muang Thai Life Assurance Public Company LimitedNotes to the financial statements for the year ended 31 December 2024Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 202437Financial statements in which the equity method is applied and separate financial statements31 December 2023Cost/AmortisedcostFairvalue(in thousand Baht)Trading securities measured at fair value through profit and loss Government bonds and state enterprise debt securities 193,927 194,402Private debt securities 11,441,538 10,166,062Equity securities 191,351 175,183Total 11,826,816 10,535,647Less Unrealised losses (1,291,169) -Total trading securities measured at fair value through profit and loss 10,535,647 10,535,647 Available-for-sale securities measured at fair value through other comprehensive income Government bonds and state enterprise debt securities 1,549,463 1,651,664Private debt securities 2,431,526 2,361,069Foreign debt securities 2,867,375 2,590,768Equity securities 45,021,332 42,287,094Foreign equity securities 28,531,752 31,735,545Total 80,401,448 80,626,140Add Unrealised gains 224,692 -Total available-for-sale securities measured at fair value through other comprehensive income 80,626,140 80,626,140 Held-to-maturity securities measured at amortised cost Government bonds and state enterprise debt securities 292,911,982 301,125,793Private debt securities 141,261,488 141,556,166Foreign debt securities 42,222,972 40,165,911Deposits at bank with original maturities over 3 months 146,400 146,400Total 476,542,842 482,994,270Less Allowance for expected credit loss (1,201,585) -Total held-to-maturity securities measured at amortised cost 475,341,257 482,994,270 Total investments in securities 566,503,044 574,156,057 As at 31 December 2024, the Company has pledged saving tickets of Baht 10.0 million (2023: Baht 10.0 million)as a collateral with a Bank for selling of life insurance policies through banking channel.As at 31 December 2024, the Company has pledged government bond amounting to Baht 7.4 million (2023: Baht 9.8 million) as a collateral for loan protection group life insurance.Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 202437Financial statements in which the equity method is applied and separate financial statements31 December 2023Cost/AmortisedcostFairvalue(in thousand Baht)Trading securities measured at fair value through profit and loss Government bonds and state enterprise debt securities 193,927 194,402Private debt securities 11,441,538 10,166,062Equity securities 191,351 175,183Total 11,826,816 10,535,647Less Unrealised losses (1,291,169) -Total trading securities measured at fair value through profit and loss 10,535,647 10,535,647 Available-for-sale securities measured at fair value through other comprehensive income Government bonds and state enterprise debt securities 1,549,463 1,651,664Private debt securities 2,431,526 2,361,069Foreign debt securities 2,867,375 2,590,768Equity securities 45,021,332 42,287,094Foreign equity securities 28,531,752 31,735,545Total 80,401,448 80,626,140Add Unrealised gains 224,692 -Total available-for-sale securities measured at fair value through other comprehensive income 80,626,140 80,626,140 Held-to-maturity securities measured at amortised cost Government bonds and state enterprise debt securities 292,911,982 301,125,793Private debt securities 141,261,488 141,556,166Foreign debt securities 42,222,972 40,165,911Deposits at bank with original maturities over 3 months 146,400 146,400Total 476,542,842 482,994,270Less Allowance for expected credit loss (1,201,585) -Total held-to-maturity securities measured at amortised cost 475,341,257 482,994,270 Total investments in securities 566,503,044 574,156,057 As at 31 December 2024, the Company has pledged saving tickets of Baht 10.0 million (2023: Baht 10.0 million)as a collateral with a Bank for selling of life insurance policies through banking channel.As at 31 December 2024, the Company has pledged government bond amounting to Baht 7.4 million (2023: Baht 9.8 million) as a collateral for loan protection group life insurance.(in thousand Baht)Financial statements in which the equity methodis applied and separate financial statements31 December 2023Cost/Amortised cost Fair valueAnnual Report 2024 I Muang Thai Life Assurance PCL 171