Page 94 - Annual report eng 2019
P. 94
Tycoons Worldwide Group (Thailand) Plc.
12.2 Share of loss
During the years, the Company has recognised its share of loss from investment in associate in the
financial statement in which equity method is applied and consolidated financial statements as follows:
(Unit: Thousand Baht)
Financial statement in which equity method is applied/
Consolidated financial statements
Share of other comprehensive
Share of loss from investment in
income from investments in
Company’s name associate during the year associates during the year
2562 2561 2562 2561
TY Steel Company Limited (32,048) (49,292) 260 -
Total (32,048) (49,292) 260 -
12.3 Summarised financial information of associate
Summarised information about financial position of TY Steel Company Limited
(Unit: Million Baht)
As at 31 December
2019 2018
Current assets 1,561 1,496
Non-current assets 4,905 5,013
Current liabilities 3,766 4,379
Non-current liabilities 1,448 771
Net assets 1,252 1,359
Shareholding percentage 30.57% 30.57%
Share of net assets 383 415
Elimination entries (5) (5)
Carrying amounts of associate based on equity method 378 410
Summarised information about comprehensive income of TY Steel Company Limited
(Unit: Million Baht)
For the years ended 31 December
2019 2018
Revenue 5,229 4,819
Loss (108) (127)
Other comprehensive income 1 -
Total comprehensive income (107) (127)
82
