CONSOLIDATED FINANCIAL STATEMENTS AND FINANCIAL STATEMENTS
23 เมษายน 2541
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4.5 INVESTMENT IN SUBSIDIARIES, ASSOCIATED AND RELATED COMPANIES
These consisted of:
Consolidated Financial Percentage In Baht
Statements of Holding Investment - At Cost Investment - At Equity Dividend
Fully Paid up
Nature of Business Relationship Share Capital 1997 1996 1997 1996 1997 1996 1997 1996
Associated Companies
- At Equity
Loxley CSR Insulation Company Produce and distribute
Limited glasswool material Shareholders Baht 275,000,000 50 50 137,500,000 137,500,000 - 133,711,745 - -
Saxon (Thailand) Company Blending castrol
Limited lubricants Shareholders Baht 10,000,000 50 50 5,000,000 5,000,000 145,204,899 140,511,856 39,976,000 39,976,000
Castrol (Thailand) Company Distribute lubricants
Limited branded castrol Shareholders Baht 40,000,000 49 49 19,600,000 19,600,000 290,414,257 247,928,748 29,397,000 26,947,250
Ericsson Thai Network
Company Limited Outside plant services Shareholders Baht 15,000,000 33 33 5,000,000 5,000,000 17,391,937 10,846,185 - -
Guardfire Company Limited Import and sale of fire
fighting equipment Shareholders Baht 20,000,000 30 30 6,000,000 3,000,000 6,665,469 10,572,806 - -
Lao Soft Drink Company Produce and sale soft
Limited drink in Lao Shareholders Kip 1,383,452,576 30 30 25,715,032 25,715,032 90,686,964 54,291,655 2,832,604 1,627,461
Loxley Aluminium and
Engineering Company Design and installation
Limited glass and aluminium Shareholders Baht 54,000,000 30 30 16,135,000 16,135,000 - - - -
Newspager Corporation Limited Sale and service of pager
in USA Shareholders USD 4,896,895 27 27 98,746,497 98,746,497 38,163,478 74,744,632 - -
Thai Cellulose Products Manufacturing of sodium
Company Limited carboxy methyl
cellulose Shareholders Baht 180,000,000 26 26 46,800,000 46,800,000 - 8,341,675 - -
Lao Brewery Company Limited Produce and sale beer
in Lao Shareholders Kip 13,640,021,581 26 26 129,479,527 129,479,527 363,420,250 239,874,124 27,807,596 10,741,058
BHP Steel Building Product Produce and distribute
(Thailand) Company Limited lysaght metal sheet Shareholders Baht 83,500,000 25 25 20,875,000 20,875,000 99,413,963 83,075,291 - -
Thai Flying Service Company
Limited Aviation business Shareholders Baht 30,000,000 25 25 16,875,000 16,875,000 16,000,593 17,024,093 - 327,983
Houay Ho Power Company
Limited Hydropower Shareholders USD 50,000,000 20 20 254,233,666 254,239,840 472,528,000 254,239,840 - -
Others 129,257,344 115,523,627 30,256,030 128,147,629 - -
Total 911,217,066 894,489,523 1,570,145,840 1,403,310,279 100,013,200 79,619,752
Related Companies - At Cost
Thai Telephone and
Telecommunication Public Telephone service
Company Limited concession Shareholders Baht 11,250,000,000 13 13 1,753,873,415 1,532,860,615 - -
Phatra Thanakit Securities
Public Company Limited Finance and securities Shareholders Baht 2,796,370,000 - 4 - 320,678,998 14,951,094 43,607,358
Thai Farmers Bank Public
Company Limited Banking business Shareholders Baht 8,000,000,000 - - - 53,081,693 7,284,960 8,161,920
Phatra Insurance Public
Company Limited Insurance business Shareholders Baht 200,000,000 8 8 35,621,190 35,621,190 18,366,750 18,366,750
Others 608,681,320 479,868,201 176,314 1,092,000
Total 2,398,175,925 2,422,110,697 40,779,118 71,228,028
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The Company Financial Percentage In Baht
Statements of Holding Investment - At Cost Investment - At Equity Dividend
Fully Paid up
Nature of Business Relationship Share Capital 1997 1996 1997 1996 1997 1996 1997 1996
Subsidiary Companies
- At Equity
Loxley Business Information Trading computer and
Company Limited banking information system Shareholders Baht 165,000,000 99 99 164,200,000 129,200,000 143,517,133 209,289,691 - -
Loxley Myanmar Company
Limited (not yet started principal
commercial operations) International trading Shareholders Jad 1,000,000 99 99 4,197,083 4,197,083 2,278,461 4,145,657 - -
Loxley Wireless Company
Limited (Formerly Cellular
Products & Services Sale and service of
Company Limited) mobile phone Shareholders Baht 30,000,000 99 99 30,000,000 30,000,000 25,600,420 28,683,608 - -
Jago Company Limited (not yet
started principal commercial
operations) Lottery on-line Shareholders Baht 330,000,000 99 99 330,000,000 5,000,000 330,000,000 - - -
Loxley Utilities Services Company Sale and service waste
Limited water treatment Shareholders Baht 15,000,000 90 90 2,000,000 2,000,000 16,763,758 44,442,943 - -
Loxley Pacific Company Limited Telecommunication service Shareholders Baht 300,000,000 70 70 210,000,000 210,000,000 119,487,001 131,465,493 - -
Loxley Comware Company Limited Sale and service of network Shareholders Baht 7,000,000 70 70 4,900,000 4,900,000 - 2,664,852 - -
Open Systems Integrator Provide and gather
Company Limited information system Shareholders Baht 4,500,000 83 67 3,750,000 1,500,000 - 1,421,874 - -
Societed Commercial Lao
Company Limited Comercial trading in Lao. Shareholders Kip 162,750,000 67 67 8,714,303 8,714,303 7,006,705 7,456,369 - -
Loxley Newteck Company Limited Construction with polyurethane Shareholders Baht 15,000,000 67 67 10,000,500 10,000,500 - 2,585,919 - -
Loxley Information Services
Company Limited Internet service provider Shareholders Baht 15,000,000 65 65 9,750,000 9,750,000 - - - -
Loxley Information Company Limited Sale information and program Shareholders Baht 14,000,000 65 65 9,100,000 9,100,000 1,335,127 5,629,467 - -
computer
Loxley Infra Company Limited Projects consultant and
construction utility Shareholders Baht 20,000,000 60 60 12,000,000 12,000,000 7,632,498 16,676,578 - -
Loxley Broadcast and Media
Company Limited Broadcast and media/TV cable Shareholders Baht 51,000,000 60 60 30,600,000 30,600,000 - 2,798,333 - -
Loxley Pagephone Company Limited Sale of pager Shareholders Baht 230,000,000 55 55 126,500,000 126,500,000 200,322,839 171,759,716 - -
LoxData Company Limited Call center service Shareholders Baht 10,000,000 52 52 5,200,000 5,200,000 3,736,248 4,682,904 - -
Loxley Satellite Communications
Company Limited (not yet started
principal commercial operations) Satellite transmission serviees Shareholders Baht 2,500,000 51 51 1,275,000 1,275,000 - - - -
Loxley Trading Company Limited Sale consumer product Shareholders Baht 50,000,000 50 50 25,000,000 25,000,000 94,587,441 74,450,730 - -
Loxley Energy Company Limited
(not yet started principal
commercial operations) Electric power business Shareholders Baht 2,500,000 45 45 1,125,000 1,125,000 1,131,451 1,125,553 - -
Loxley Property Development
Company Limited Construction business and Shareholders Baht 107,500,000 40 40 43,000,000 43,000,000 36,846,499 42,894,752 building for rent
Loxley Intergraph (Thailand) Sale information and
Company Limited computer graphic program Shareholders Baht 30,000,000 - 40 - 12,000,000 - 4,410,533
L Wave Company Limited Production of radio and
TV program Shareholders Baht 15,000,000 - 99 - 15,000,000 - 14,599,434 - -
Professional Computer
Company Limited Sale and computer installation Shareholders Baht 20,000,000 - 99 - 20,000,000 - 24,565,278 - -
TNT Logistics (Thailand) Ltd. Logisties services Shareholders Baht 20,000,000 - 51 - 10,200,000 - - - -
Total 1,031,311,886 726,261,986 990,245,581 795,749,684
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Percentage of In Baht
Fully paid up Holding Investment - At Cost Investment - At Equity Dividend
Nature of Business Relationship Share Capital 1997 1996 1997 1996 1997 1996 1997 1996
Associated Companies
- At Equity
Loxley CSR Insulation Company Produce and distribute
Limited glasswool material Shareholders Baht 275,000,000 50 50 137,500,000 137,500,000 - 133,711,745 - -
Saxon (Thailand) Company Blending castrol
Limited lubricants Shareholders Baht 10,000,000 50 50 5,000,000 5,000,000 145,204,899 140,511,856 39,976,000 39,976,000
Castrol (Thailand) Company Distribute lubricants
Limited branded castrol Shareholders Baht 40,000,000 49 49 19,600,000 19,600,000 290,414,257 247,928,748 29,397,000 26,947,250
Ericsson Thai Network
Company Limited Outside plant services Shareholders Baht 15,000,000 33 33 5,000,000 5,000,000 17,391,937 10,846,185 - -
Guardfire Company Limited Import and sale of fire
fighting equipment Shareholders Baht 20,000,000 30 30 6,000,000 3,000,000 6,665,469 10,572,806 - -
Lao soft Drink Company Produce and sale soft
Limited drimk in Lao Shareholders Kip 1,383,452,576 30 30 25,715,032 25,715,032 90,686,964 54,291,655 2,832,604 1,627,461
Loxley Aluminium and
Engineering Company Design and installation
Limited glass and aluminium Shareholders Kip 54,000,000 30 30 16,135,000 16,135,000 - - - -
Newspager Corporation Limited Sale and service of pager
in USA Shareholders USD 4,896,895 27 27 98,746,497 98,746,497 38,163,478 74,744,632 - -
Thai Cellulose Products Manufaturing of sodium
Company Limited carboxy methyl
callulose Shareholders Baht 180,000,000 26 26 46,800,000 46,800,000 - 8,341,675 - -
Lao Brewery Company Limited Produce and sale beer
in Lao Shareholders Kip 13,640,021,581 26 26 129,479,527 129,479,527 363,420,250 239,874,124 27,807,596 10,741,058
BHP Steel Building Product Produce and distribute
(Thailand) Company Limited lysaght metal sheet Shareholders Baht 83,500,000 25 25 20,875,000 20,875,000 99,413,963 83,075,291 - -
Thai Flying Service Company
Limited Aviation business Shareholders Baht 30,000,000 25 25 16,875,000 16,875,000 16,000,593 17,024,093 - 327,983
Houay Ho Power Company
Limited Hydropower Shareholders USD 50,000,000 20 20 254,233,666 254,239,840 472,528,000 254,239,840 - -
Others 129,257,344 115,523,627 30,256,035 128,147,629 - -
Total 911,217,066 894,489,523 1,570,145,845 1,403,310,279 100,013,200 79,619,752
Grand Total 1,942,528,052 1,620,751,509 2,560,391,426 2,199,059,963 100,013,200 79,619,752
Related Companies - At Cost
Thai Telephone and
Telcommunication Public Telephone service Sharholders Baht 11,250,000,000 13 13 1,753,873,415 1,532,860,615 - -
Company Limited concession
Phatra Thanakit Securities
Public Company Limited Finance and securities Sharholders Baht 2,796,370,000 - 4 - 320,678,998 14,951,094 43,607,358
Hutchison Telecommunications
(Thailand) Company Limited Paging service Sharholders Baht 360,000,000 - 55 - 85,250,000 - -
Thai Farmers Bank Public
Company Limited Banking business Shareholders Baht 8,000,000,000 - - - 53,081,693 7,284,960 8,161,920
Phatra Insurance Public
Company Limited Insurance business Shareholders Baht 200,000,000 8 8 35,621,190 35,621,190 18,366,750 18,366,750
Others 602,261,001 473,362,833 176,314 1,092,000
Total 2,391,755,606 2,500,855,329 40,779,118 71,228,028