Page 89 - Annual report eng 2019
P. 89
Tycoons Worldwide Group (Thailand) Plc.
(Unit: Million Baht)
Financial statements
in which equity method
is applied/
Consolidated/Separate
financial statements Pricing policy
2019 2018
Transactions with related companies
Sales 99 332 With reference to market price
Sales of equipments - 70 Contract price
Purchases of raw materials 1 8 With reference to market price
As at 31 December 2019 and 2018, the balances of the accounts between the Company and
those related parties are as follows:
(Unit: Thousand Baht)
Financial statements in which equity
method is applied/Separate
financial statements
2019 2018
Trade receivables - related parties (Note 8)
Ultimate parent company 24,815 304,426
Associated company 28,567 58,246
Related company (related by common shareholder) 4,778 40,447
Total trade receivables - related parties 58,160 403,119
Other receivables - related parties (Note 8)
Associated company 1,910 3,420
Related company (related by common shareholder) - 3,270
Total other receivable - related parties 1,910 6,690
Trade payables - related parties (Note 16)
Ultimate parent company 10,222 7,260
Parent company - 268,500
Associated company 304,627 202,218
Total trade payables - related parties 314,849 477,978
Other payable - related party (Note 16)
Ultimate parent company 257 318
Total other payable - related party 257 318
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