Page 115 - One Report Thai Final_ENG_2021

Tycoons Worldwide Group (Thailand) Plc.

(Unit: Million Baht)
Consolidated/Financial
statements in which
equity method is
applied/
Separate
financial statements Pricing policy

2021 2020
Transactions with ultimate parent
company
Sales 1,186 282 With reference to market price
Purchases of raw materials 953 113 With reference to market price
Purchases of fixed assets 3 2 Contract price

Transactions with associated company
Sales 231 950 With reference to market price
Other income 13 9 With reference to market price
Purchases of raw materials 1,790 1,844 With reference to market price
Purchases of goods 15 456 With reference to market price

Transactions with related companies
Sales 339 124 With reference to market price
Purchases of raw materials - 1 With reference to market price

As at 31 December 2021 and 2020, the balances of the accounts between the Company and those

related parties are as follows:
(Unit: Thousand Baht)
Consolidated/Financial statements
in which equity method is applied/
Separate financial statements
2021 2020
Trade receivables - related parties (Note 8)
Ultimate parent company 21,970 5,812
Associated company - 69,499
Related company (related by common shareholder) 79,983 31,548
Total trade receivables - related parties 101,953 106,859

Other receivables - related parties (Note 8)
Associated company - 4,975
Related company (related by common shareholder) 2,244 -
Total other receivable - related parties 2,244 4,975

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