Page 174 - Annual Report 2015 - Mono Technology Public Company Limited

As at 31 December 2015, the weighted average duration of the liabilities for long-term employee benefit was 18 years (Separate financial statements: 18 years) (2014: 18 years, separate financial statements: 18 years).
Significant actuarial assumptions are summarised below:
Discount rate
Future salary increase rate
The result of sensitivity analysis for significant assumptions that affect the increasing (decreasing) in present value of the long-term employee benefit obligation as at 31 December 2015 are summarised below:
2015
(% per annum)
2014
(% per annum)
4%
4%
5%
5%
(Unit: Million Baht)
Consolidated financial statements
Separate financial statements
(3)
(1)
1
1
4
2
(5)
(3)
Discount rate
Increase 50 basis point (4.50%) Decrease 50 basis point (3.50%)
Salary increase rate
Increase 100 basis point (6%) Decrease 100 basis point (4%)
21. Share capital
On 12 September 2014, the Extraordinary General Meeting of the Company’s shareholders passed a solution to increase the registered capital from Baht 140 million to Baht 462 million, by issuing up to 3,220 million additional ordinary shares with a par value of Baht 0.1 each, to support the payment of the stock dividend, as described in Note 29 to the financial statements, and the exercise of the first tranche of warrants to purchase the Company’s ordinary shares (MONO-W1), as described in Note 22 to the financial statements.
On 24 September 2014, the Company registered with the Ministry of Commerce the increase in its registered capital to Baht 462 million (4,620,000,000 ordinary shares of Baht 0.1 each), and paid-up share capital to Baht 308 million (3,079,999,975 ordinary shares of Baht 0.1 each).
In March 2015, the warrant holders exercised their rights to purchase 814,379 the Company’s ordinary shares at a price of Baht 2.5 per share, a total of Baht 2.0 million, which the Company registered the increase in its share capital to Baht 308,093,553.7 (3,080,935,537 ordinary shares of Baht 0.1 each) with the Ministry of Commerce on 8 April 2015.
174
Mono Technology Public Company Limited