Hire purchase payableOfficials hire purchase hire purchase agreement contains a vehicle hire-purchase contract, which are many, with total monthly debt payment terms. 12 b 60 installments.Finance lease liabilitiesThe company has contracts with several leasing companies to rent the equipment and vehicles used for.In the operation of the undertaking, with terms of the total rent is paid on a monthly basis at the end of the period and 12-60.Defines the contract. The company can use for purchase of such equipment and vehicles in the price stipulated in the contract.In addition, the company has entered into a contract for a sale and rent back in the vehicle, which is regarded as finance leases.Such liabilities of the company are due every month to month, but September 2552.The August rate of interest by 2557 per cent as of March 31, the company annually 4.8445 2553 with obligation to pay rent, Tong, lease purchase and minimum contract.
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