INTERIM FINANCIAL STATEMENTS THREE-NINE PERIODS (2)

01 ธันวาคม 2541
-7- 7. INVESTMENT IN SUBSIDIARIES, ASSOCIATED AND RELATED COMPANIES These consisted of: Consolidated Financial Percentage In Thousand Baht Statements of Holding Investment - At Cost Investment - At Equity Dividend Fully Paid up Nature of Business Relationship Share Capital 1998 1997 1998 1997 1998 1997 1998 1997 Associated Companies - At Equity Loxley CSR Insulation Company Produce and distribute Limited glasswool material Shareholders Baht 275,000,000 50 50 - 137,500 - 93,519 - - Saxon (Thailand) Company Blending castrol Limited lubricants Shareholders Baht 10,000,000 50 50 5,000 5,000 126,274 169,814 39,976 14,991 Castrol (Thailand) Company Distribute lubricants Limited branded castrol Shareholders Baht 40,000,000 49 49 19,600 19,600 339,416 277,476 19,598 19,598 Thai Fiber Optic Co., Ltd. Optic Cable Shareholders Baht 100,000,000 40 40 40,000 40,000 1,234 29,275 - - Ericsson Thai Network Company Limited Outside plant services Shareholders Baht 15,000,000 33 33 5,000 5,000 10,644 17,704 5,922 - Lao Soft Drink Company Produce and sale soft Limited drink in Lao Shareholders Kip 1,383,452,576 30 30 25,715 25,715 31,971 61,134 9,702 2,833 Loxley Aluminium and Design and installation Engineering Company Limited glass and aluminium Shareholders Baht 54,000,000 30 30 16,135 16,135 - - - - Newspager Corporation Limited Sale and service of pager in USA Shareholders USD 4,896,895 27 27 98,746 98,746 36,871 58,671 - - Thai Cellulose Products Manufacturing of sodium Company Limited carboxy methyl cellulose Shareholders Baht 180,000,000 26 26 46,800 46,800 - - - - Lao Brewery Company Limited Produce and sale beer in Lao Shareholders Kip 13,640,021,581 26 26 129,480 129,479 128,560 266,407 63,146 22,807 BHP Steel Building Product Produce and distribute (Thailand) Company Limited lysaght metal sheet Shareholders Baht 83,500,000 25 25 20,875 20,875 92,075 99,195 - - Thai Flying Service Company Limited Aviation business Shareholders Baht 30,000,000 25 25 16,875 16,875 13,429 16,150 - - Houay Ho Power Company Limited Hydropower Shareholders USD 50,000,000 20 20 254,234 254,234 392,829 254,234 - - Others 92,807 103,258 19,533 123,739 - - Total 771,267 919,217 1,192,836 1,467,318 138,344 60,229 Related Companies - At Cost BHP Steel (Thailand) Produce and distribute Co., Ltd. lysaght metal sheet Shareholders Baht 2,500,000,000 18 18 450,000 450,000 - - Thai Telephone and Telecommunication Public Telephone service Company Limited concession Shareholders Baht 11,250,000,000 13 15 1,753,873 1,753,873 - - Phatra Thanakit Securities Public Company Limited Finance and securities Shareholders Baht 2,796,370,000 - 4 - 230,066 - - Phatra Insurance Public Company Limited Insurance business Shareholders Baht 200,000,000 8 8 35,621 35,621 - - Thai Farmer Bank Public Company Limited Commercial Bank Shareholders Baht 8,000,000,000 - 0.2 - 31,074 - - Others 169,862 137,456 - - Total 2,409,356 2,638,090 - - Less Allowance for decline in value of investments (1,140,532) - Investments in other related companies - net 1,268,824 2,638,090 - 8 - The Company Financial Percentage In Thousand Baht Statements of Holding Investment - At Cost Investment - At Equity Dividend Fully Paid up Nature of Business Relationship Share Capital 1998 1997 1998 1997 1998 1997 1998 1997 Subsidiary Companies - At Equity Loxley Business Information Trading computer and Company Limited banking information system Shareholders Baht 280,000,000 99 99 279,200 129,200 314,753 167,577 - - Loxley Myanmar Company Limited (not yet started principal commercial operations) International trading Shareholders Jad 1,000,000 99 99 4,197 4,197 1,993 1,722 - - Loxley Wireless Company Sale and service of Limited mobile phone Shareholders Baht 30,000,000 99 99 30,000 30,000 24,579 27,977 - - Jago Company Limited (not yet started principal commercial operations) Lottery on-line Shareholders Baht 330,000,000 99 99 330,000 330,000 330,000 330,000 - - Loxley Utilities Services Company Sale and service waste Limited water treatment Shareholders Baht 15,000,000 90 90 2,000 2,000 - 30,984 - - Loxley Pacific Company Limited Telecommunication service Shareholders Baht 300,000,000 70 70 188,400 210,000 95,866 123,180 - - Loxley Comware Company Limited Sale and service of network Shareholders Baht 7,000,000 70 70 4,900 4,900 - 267 - - Open Systems Integrator Provide and gather Company Limited information system Shareholders Baht 4,500,000 - 67 - 3,750 - 5,875 - - Societed Commercial Lao Company Limited Comercial trading in Lao. Shareholders Kip 162,750,000 67 67 8,714 8,714 1,882 6,856 - - Loxley Newteck Company Limited Construction with polyurethane Shareholders Baht 15,000,000 67 67 13,334 10,001 - - - - Loxley Information Services Company Limited Internet service provider Shareholders Baht 15,000,000 - 65 - 9,750 - - - - Loxley Information Company Limited Sale information and program computer Shareholders Baht 14,000,000 - 65 - 9,100 - 3,708 - - Loxley Infra Company Limited Projects consultant and construction utility Shareholders Baht 20,000,000 60 60 12,000 12,000 5,244 12,128 - - Loxley Broadcast and Media Company Limited Broadcast and media/Cable TV Shareholders Baht 51,000,000 60 60 30,600 30,600 - - - - Loxley Pagephone Company Limited Sale of pager Shareholders Baht 230,000,000 55 55 126,500 126,500 203,945 183,038 - - LoxData Company Limited Call center service Shareholders Baht 10,000,000 52 52 5,200 5,200 4,669 3,873 - - Loxley Satellite Communications Company Limited (not yet started principal commercial operations) Satellite transmission serviees Shareholders Baht 2,500,000 51 51 5,100 1,275 3,332 69 - - Loxley Trading Company Limited Sale consumer products Shareholders Baht 50,000,000 50 50 25,000 25,000 115,056 87,624 - - Loxley Energy Company Limited (not yet started principal commercial operations) Electric power business Shareholders Baht 2,500,000 99 45 2,499 1,125 2,104 1,181 - - Loxley Property Development Company Limited Construction business and Shareholders Baht 107,500,000 40 40 43,000 43,000 30,539 38,483 - - building for rent Total 1,110,644 996,312 1,133,962 1,024,542 - - - 9 - Percentage In Thousand Baht of Holding Investment - At Cost Investment - At Equity Dividend Fully Paid up Nature of Business Relationship Share Capital 1998 1997 1998 1997 1998 1997 1998 1997 Associated Companies - At Equity Loxley CSR Insulation Company Produce and distribute Limited glasswool material Shareholders Baht 275,000,000 50 50 - 137,500 - 93,519 - - Saxon (Thailand) Company Blending castrol Limited lubricants Shareholders Baht 10,000,000 50 50 5,000 5,000 126,274 169,814 39,976 14,991 Castrol (Thailand) Company Distribute lubricants Limited branded castrol Shareholders Baht 40,000,000 49 49 19,600 19,600 339,416 277,476 19,598 19,598 Thai Fiber Optic Co., Ltd. Optic Cable Shareholders Baht 100,000,000 40 40 40,000 40,000 1,234 29,275 - - Ericsson Thai Network Company Limited Outside plant services Shareholders Baht 15,000,000 33 33 5,000 5,000 10,644 17,704 5,922 - Lao Soft Drink Company Produce and sale soft Limited drink in Lao Shareholders Kip 1,383,452,576 30 30 25,715 25,715 31,971 61,134 9,702 2,833 Loxley Aluminium and Engineering Company Design and installation Limited glass and aluminium Shareholders Baht 54,000,000 30 30 16,135 16,135 - - - - Newspager Corporation Limited Sale and service of pager in USA Shareholders USD 4,896,895 27 27 98,746 98,746 36,871 58,671 - - Thai Cellulose Products Manufacturing of sodium Company Limited carboxy methyl cellulose Shareholders Baht 180,000,000 26 26 46,800 46,800 - - - - Lao Brewery Company Limited Produce and sale beer in Lao Shareholders Kip 13,640,021,581 26 26 129,480 129,479 128,560 266,407 63,146 22,807 BHP Steel Building Product Produce and distribute (Thailand) Company Limited lysaght metal sheet Shareholders Baht 83,500,000 25 25 20,875 20,875 92,075 99,195 - - Thai Flying Service Company Limited Aviation business Shareholders Baht 30,000,000 25 25 16,875 16,875 13,429 16,150 - - Houay Ho Power Company Limited Hydropower Shareholders USD 50,000,000 20 20 254,234 254,234 392,829 254,234 - - Others 92,807 103,258 19,533 123,739 - - Total 771,267 919,217 1,192,836 1,467,318 138,344 60,299 Grand Total 1,881,911 1,915,529 2,326,798 2,491,860 138,344 60,299 Related Companies - At Cost BHP Steel (Thailand) Produce and distribute Co., Ltd. lysaght metal sheet Shareholders Baht 2,500,000,000 18 18 450,000 450,000 - - Thai Telephone and Telecommunication Public Telephone service Company Limited concession Shareholders Baht 11,250,000,000 13 15 1,753,873 1,753,873 - - Phatra Thanakit Securities Public Company Limited Finance and securities Shareholders Baht 2,796,370,000 - 4 - 230,066 - - Phatra Insurance Public Company Limited Insurance business Shareholders Baht 200,000,000 8 8 35,621 35,621 - - Thai Farmer Bank Public Company Limited Commercial Bank Shareholders Baht 8,000,000,000 - 0.2 - 31,074 - - Others 152,292 131,286 - - 2,391,786 2,631,920 - - Less Allowance for decline in value of investments (1,140,532) - Investments in other related companies - net 1,251,254 2,631,920