Page 116 - One Report Thai Final_ENG_2021

Tycoons Worldwide Group (Thailand) Plc.

(Unit: Thousand Baht)
Consolidated/Financial statements
in which equity method is applied/
Separate financial statements
2021 2020

Trade payables - related parties (Note 17)
Ultimate parent company 17,998 49,061
Associated company - 6,146
Total trade payables - related parties 17,998 55,207

Other payable - related party (Note 17)
Ultimate parent company 310 274
Total other payable - related party 310 274

Loan from related person

As at 31 December 2021, the balance of loan between the Group and related person and the movement are
as follows:
(Unit: Thousand Baht)
Consolidated financial statement
During the period
Increase from the
acquisition of the
Balance as at subsidiary (Note Balance as at
1 January 2021 11) Decrease 31 December 2021
Short-term loan from related person
Related person (The Company’s director) - 29,220 (29,220) -
Total short-term loan from related person - 29,220 (29,220) -

The above-mentioned loan was unsecured loan from the Company’s director, due at call and on an interest-free basis.

Directors and management’s benefits

During the years ended 31 December 2021 and 2020, the Group had employee benefit expenses of
their directors and management as below.

(Unit: Million Baht)
Consolidated/Financial statements in which
equity method is applied/ Separate
financial statements
2021 2020
Short-term employee benefits 17.8 15.0
Post-employment benefits 1.4 1.3

Total 19.2 16.3

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