- 66 - Unit : Million Baht - Separate financial statements As at December 31, 2021 Less than 1 year 1 - 5 years More than 5 years Total Trade receivables 13,815 - - 13,815 Other receivables 2,730 - - 2,730 Amounts due to related parties 2,940 - - 2,940 Other current assets 82 - - 82 Other non-current financial assets - - 1,688 1,688 Long-term loans to related parties - 19 108 127 Other non-current assets - 179 - 179 Unit : Million Baht - Separate financial statements As at December 31, 2020 Less than 1 year 1 - 5 years More than 5 years Total Trade receivables 9,711 - - 9,711 Other receivables 211 - - 211 Short-term loans and interest receivables to related parties 17 - - 17 Amounts due to related parties 166 - - 166 Other current assets 198 - - 198 Other non-current assets - - 1,691 1,691 Long-term loans to related parties - 190 - 190 Derivative assets - 141 - 141 The Group accesses capital sources by having credit facilities with commercial banks and a major shareholder totaling Baht 17,000 million and Baht 10,000 million, respectively, with the market interest rate. As at December 31, 2021, the Group has unused credit facilities with the commercial banks and a major shareholder of Baht 8,353 million and Baht 10,000 million, respectively (see Note 19.4). 38.5 Capital risk management The Group manages its capital to ensure that entities in the Group will be able to continue as going concerns while maximising the return to shareholders through the optimisation of the debt and equity balance. The capital structure of the Group consists of net debt (borrowings disclosed in Note 19 after deducting cash and bank balances) and equity of the Group (comprising issued capital, reserves, retained earnings and non-controlling interests). The Group’s risk management committee reviews the capital structure on a semi-annual basis. As part of this review, the committee considers the cost of capital and the risks associated with each class of capital. The Group has a target gearing ratio not over 1 time determined as the proportion of net debt to equity. The gearing ratio as at December 31, 2021 was 0.57 time (2020: 0.71 time) at below the target range. 368 IRPC PUBLIC COMPANY LIMITED 56-1 ONE REPORT 2021
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