1.2.5 Business Assets 1) Core fixed assets used in business operations Net book value of premises & equipment and right-of-use assets of the Bank and its subsidiaries as at December 31, 2019-2021 are as follows: Item As at December 31, 2021 2020 2019 1. Land 11,769 12,316 13,763 2. Building 12,744 12,854 13,736 3. Right-of-use assets-premise 1,913 1,808 - 4. Leasehold improvements 1,599 1,169 1,373 5. Equipment 7,330 7,185 7,963 6. Right-of-use assets-equipment 1,707 1,816 - Total 37,062 37,148 36,835 Less Accumulated depreciation Allowance for impairment losses 15,175 262 12,957 152 13,029 164 Premises & equipment and right-of-use assets, net 21,625 24,039 23,642 (Unit: THBmillion) 2) Leasehold right The Bank has leased lands, buildings, and commercial buildings from government agencies, state enterprises and private entities to locate regional offices, branches, and ATMs, numbering 2,638 contracts for rental-terms ranging from 1 year to 30 years, with total rentals payable of about THB 1,051 million per year. Leasehold right Rental-terms No. of contracts Land and building <1 year 2,224 Land and building 1-5 year 406 Land and building ≥ 5 years 8 Total 2,638 81 Form 56-1 One Report 2021
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