Page 95 - Annual Report English 2018
P. 95

Tycoons Worldwide Group (Thailand) Plc.


                                              Total                             (49,292)           (74,962)



                       13.3  Summarised financial information of associate

                            Summarised information about financial position of TY Steel Company Limited

                                                                                           (Unit: Million Baht)
                                                                                     As at 31 December
                                                                                    2018          2017

                           Current assets                                              1,496         1,043
                           Non-current assets                                          5,013         4,976
                           Current liabilities                                         4,379         2,903
                           Non-current liabilities                                      771          1,630

                           Net assets                                                  1,359         1,486
                           Shareholding percentage                                    30.57%        30.57%

                           Share of net assets                                          415            454
                           Elimination entries                                            (5)            6
                           Carrying amounts of associate based on equity method         410            460


                            Summarised information about comprehensive income of TY Steel Company Limited

                                                                                           (Unit: Million Baht)
                                                                                For the years ended 31 December

                                                                                    2018          2017
                           Revenue                                                     4,819         3,984
                           Loss                                                         (127)         (262)

                           Other comprehensive income                                      -             -
                           Total comprehensive income
                                                                                        (127)         (262)


                       14.  Other long-term investment

                                                                                       (Unit: Thousand Baht)
                                                                                       Consolidated
                                                                                    financial statements

                                                                                    2018          2017
                           Tycoons Steel International Co., Ltd.
                           Cost                                                            -        98,043
                           Loss: Allowance for impairment loss on investment               -       (98,043)

                           Net book value                                                  -             -



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