PTT Global Chemical Public Company Limited and its Subsidiaries For the year ended 31 December 2023 PTT Global Chemical Public Company Limited and its Subsidiaries Notes to the financial statements For the year ended 31 December 2023 103 Separate financial statements At 31 December 1 year or less More than 1 years but less than 5 years More than 5 years Total (in million Baht) 2022 Non-derivative financial liabilities Short-term borrowings from financial institutions 2,003 - - 2,003 Trade payables 43,054 - - 43,054 Other payables 7,063 - - 7,063 Payables to contractors 3,314 - - 3,314 Lease liabilities 1,497 5,169 14,819 21,485 Short-term borrowings from related parties 2,154 - - 2,154 Long-term borrowings from financial institutions 9,052 36,763 8,422 54,237 Long-term borrowings from related parties 4,207 18,949 136,053 159,209 Debentures 2,404 48,758 58,071 109,233 Other non-current liabilities - 95 17 112 74,748 109,734 217,382 401,864 Derivative financial liabilities Cash inflows from Foreign exchange forward contracts 7,380 - - 7,380 Foreign currency and interest rate swap contracts 1,965 41,885 - 43,850 Commodity forward contracts 325 - - 325 Cash outflows from Foreign exchange forward contracts (7,955) - - (7,955) Foreign currency and interest rate swap contracts (1,477) (40,477) - (41,954) Commodity forward contracts (663) - - (663) (425) 1,408 - 983 The cash inflows/cash outflows disclosed in the above table represent the contractual undiscounted cash flows relating to derivative financial liabilities held for risk management purposes and which are not usually closed out before contractual maturity. The disclosure shows net cash flow amounts for derivatives that are net cash-settled and gross cash inflow and outflow amounts for derivatives that have simultaneous gross cash settlement. (b.3) Market risk The Group is exposed to the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk is as follows: 347 PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED Form 56-1 One Report 2023
RkJQdWJsaXNoZXIy ODg4NTI=