Page 175 - Demo

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 2024397.3 Held-to-maturity securities measured at amortised cost Financial statements in which the equity method is applied and separate financial statements31 December 2024Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 468,702,804 (169,071) 468,533,733Debt securities - significant increase in credit risk (Stage 2) 4,790,131 (1,228,004) 3,562,127Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 473,508,506 (1,412,646) 472,095,860 Financial statements in which the equity method is applied and separate financial statements31 December 2023Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 470,817,426 (167,647) 470,649,779Debt securities - significant increase in credit risk (Stage 2) 5,709,845 (1,018,367) 4,691,478Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 476,542,842 (1,201,585) 475,341,257 Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 2024397.3 Held-to-maturity securities measured at amortised cost Financial statements in which the equity method is applied and separate financial statements31 December 2024Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 468,702,804 (169,071) 468,533,733Debt securities - significant increase in credit risk (Stage 2) 4,790,131 (1,228,004) 3,562,127Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 473,508,506 (1,412,646) 472,095,860 Financial statements in which the equity method is applied and separate financial statements31 December 2023Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 470,817,426 (167,647) 470,649,779Debt securities - significant increase in credit risk (Stage 2) 5,709,845 (1,018,367) 4,691,478Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 476,542,842 (1,201,585) 475,341,257 Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 2024397.3 Held-to-maturity securities measured at amortised cost Financial statements in which the equity method is applied and separate financial statements31 December 2024Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 468,702,804 (169,071) 468,533,733Debt securities - significant increase in credit risk (Stage 2) 4,790,131 (1,228,004) 3,562,127Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 473,508,506 (1,412,646) 472,095,860 Financial statements in which the equity method is applied and separate financial statements31 December 2023Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 470,817,426 (167,647) 470,649,779Debt securities - significant increase in credit risk (Stage 2) 5,709,845 (1,018,367) 4,691,478Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 476,542,842 (1,201,585) 475,341,257 Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 2024397.3 Held-to-maturity securities measured at amortised cost Financial statements in which the equity method is applied and separate financial statements31 December 2024Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 468,702,804 (169,071) 468,533,733Debt securities - significant increase in credit risk (Stage 2) 4,790,131 (1,228,004) 3,562,127Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 473,508,506 (1,412,646) 472,095,860 Financial statements in which the equity method is applied and separate financial statements31 December 2023Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 470,817,426 (167,647) 470,649,779Debt securities - significant increase in credit risk (Stage 2) 5,709,845 (1,018,367) 4,691,478Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 476,542,842 (1,201,585) 475,341,257 Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 2024397.3 Held-to-maturity securities measured at amortised cost Financial statements in which the equity method is applied and separate financial statements31 December 2024Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 468,702,804 (169,071) 468,533,733Debt securities - significant increase in credit risk (Stage 2) 4,790,131 (1,228,004) 3,562,127Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 473,508,506 (1,412,646) 472,095,860 Financial statements in which the equity method is applied and separate financial statements31 December 2023Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 470,817,426 (167,647) 470,649,779Debt securities - significant increase in credit risk (Stage 2) 5,709,845 (1,018,367) 4,691,478Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 476,542,842 (1,201,585) 475,341,257 Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 2024397.3 Held-to-maturity securities measured at amortised cost Financial statements in which the equity method is applied and separate financial statements31 December 2024Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 468,702,804 (169,071) 468,533,733Debt securities - significant increase in credit risk (Stage 2) 4,790,131 (1,228,004) 3,562,127Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 473,508,506 (1,412,646) 472,095,860 Financial statements in which the equity method is applied and separate financial statements31 December 2023Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 470,817,426 (167,647) 470,649,779Debt securities - significant increase in credit risk (Stage 2) 5,709,845 (1,018,367) 4,691,478Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 476,542,842 (1,201,585) 475,341,257 Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 2024397.3 Held-to-maturity securities measured at amortised cost Financial statements in which the equity method is applied and separate financial statements31 December 2024Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 468,702,804 (169,071) 468,533,733Debt securities - significant increase in credit risk (Stage 2) 4,790,131 (1,228,004) 3,562,127Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 473,508,506 (1,412,646) 472,095,860 Financial statements in which the equity method is applied and separate financial statements31 December 2023Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 470,817,426 (167,647) 470,649,779Debt securities - significant increase in credit risk (Stage 2) 5,709,845 (1,018,367) 4,691,478Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 476,542,842 (1,201,585) 475,341,257 Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 2024397.3 Held-to-maturity securities measured at amortised cost Financial statements in which the equity method is applied and separate financial statements31 December 2024Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 468,702,804 (169,071) 468,533,733Debt securities - significant increase in credit risk (Stage 2) 4,790,131 (1,228,004) 3,562,127Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 473,508,506 (1,412,646) 472,095,860 Financial statements in which the equity method is applied and separate financial statements31 December 2023Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 470,817,426 (167,647) 470,649,779Debt securities - significant increase in credit risk (Stage 2) 5,709,845 (1,018,367) 4,691,478Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 476,542,842 (1,201,585) 475,341,257 Muang Thai Life Assurance Public Company LimitedNotes to the financial statementsFor the year ended 31 December 2024397.3 Held-to-maturity securities measured at amortised cost Financial statements in which the equity method is applied and separate financial statements31 December 2024Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 468,702,804 (169,071) 468,533,733Debt securities - significant increase in credit risk (Stage 2) 4,790,131 (1,228,004) 3,562,127Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 473,508,506 (1,412,646) 472,095,860 Financial statements in which the equity method is applied and separate financial statements31 December 2023Allowancefor expected NetBook value credit loss book value(in thousand Baht)Debt securities - no significant increase in credit risk (Stage 1) 470,817,426 (167,647) 470,649,779Debt securities - significant increase in credit risk (Stage 2) 5,709,845 (1,018,367) 4,691,478Debt securities - default / credit-impaired (Stage 3) 15,571 (15,571) -Total 476,542,842 (1,201,585) 475,341,257 (in thousand Baht)(in thousand Baht)Financial statementsin which the equity method is appliedand separate financial statementsFinancial statementsin which the equity method is appliedand separate financial statements31 December 202431 December 2023Book valueBook valueAllowancefor expectedcredit lossAllowancefor expectedcredit lossNet book valueNet book valueAnnual Report 2024 I Muang Thai Life Assurance PCL 173