REPORT OF AUDITOR ON SCHEDULE OF LONG-TERM DEBTS DUE AT CALL
To The Shareholders and Board of Directors of
The Union Mosaic Industry Public Company Limited
I have audited the accompanying schedule of long-term debts due at call, loaned before July
2, 1997 of The Union Mosaic Industry Public Company Limited as at December 31, 2002. This schedule is the
responsibility of the Company's management. My responsibility is to express an opinion on the schedule based
on my audit. The schedule of such company as at December 31, 2001 was audited by another auditor in my
firm whose report dated March 8, 2002, expressed an unqualified opinion on the schedule.
I conducted my audit in accordance with generally accepted auditing standards. Those
standards require that I plan and perform the audit to obtain the reasonable assurance about whether the
schedule is free of material misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the schedule. An audit also includes assessing the accounting principle used
and significant estimates made by management, as well as evaluating the overall presentation of the schedule.
I believe that my audit provides a reasonable basis for my opinion.
In my opinion, the schedule of long-term debts due at call referred to above prosent fairly, in
all material respects, the long-term debts due at call of The Union Mosaic Industry Public Company Limited as
at December 31, 2002 in accordance with generally accepted accounting principles.
(Mr.Jadesada Hungsapruk)
Certified Public Accountant
Registration No. 3759
Dharmniti Auditing Company Limited
Bangkok, Thailand
February 27, 2003
2003/167/5763
THE UNION MOSAIC INDUSTRY PUBLIC COMPANY LIMITED
SCHEDULE OF LONG-TERM DEBTS DUE AT CALL
AS AT DECEMBER 31, 2002 AND 2001
LONG-TERM DEBTS DUE AT CALL ACCOUNT
Loaned before July 2, 1997
Baht
The Company only
2002 2001
Long-term loans of Baht 280 million 280,000,000.00 280,000,000.00
Long-term loans of US$ 20 million 857,135,200.00* 876,139,600.00*
Total 1,137,135,200.00 1,156,139,600.00
* Details of long-term loans of US$ 20 million are as follows:-
Baht
The Company only
2002 2001
Long-term loans of US$ 20 million
Loans of US$ 18 million
In Baht at the date of withdrawn
(Average exchange rate at the date of withdrawn:
Baht 24.8880 per 1 US$) 447,984,000.00 447,984,000.00
Unrealized exchange loss
(Exchange rates at December 31, 2002 and
2001 are Baht 43.3039 and Baht 44.3597
per 1 US$, respectively) 331,486,200.00 350,490,600.00
779,470,200.00 798,474,600.00
Loan of US$ 2 million were converted into Thai Baht
Loan on June and July 2000 77,665,000.00 77,665,000.00
Total 857,135,200.00 876,139,600.00
