THE CONSOLIDATED AND COMPANY FINANCIAL STATEMENTS NOTES TO
For the year ended 31 DECEMBER 2014
1 GENERAL INFORMATION Central Plaza Hotel Public Company Limited, (the “Company”) is a public limited company which is incorporated and domiciled in Thailand and is listed on the Stock Exchange of Thailand on 10 January 1990. The address of the Company’s registered office is as follows: 1695 Phaholyothin Road, Chatuchak, Bangkok, Thailand.
Name of the entity Direct subsidiaries Investment in subsidiaries Central Samui Beach Resort Co., Ltd. Central Karon Village Co., Ltd. Central Krabi Bay Resort Co., Ltd. Central Hua Hin Beach Resort Co., Ltd. Central World Hotel Co., Ltd. Central Koh Kood Hotel Co., Ltd. Central Hotel Management Co., Ltd. Central Restaurants Group Co., Ltd. Triplenine Decor Co., Ltd. Central Samui Hotel Management Co., Ltd. Centara International Management Co., Ltd. S.P. Realty Had Farang Resort Co., Ltd. S.P. Realty Pattaya Beach Co., Ltd. Cenvaree Healthy Spa Co., Ltd. Central Bangkok Convention & Exhibition Co., Ltd. Centara International Management (Thailand) Co., Ltd. Karon Phuket Hotel Co., Ltd. Cosi Hotels Co., Ltd. Centara Import-Export Co., Ltd. Cosi Hotel Management Co., Ltd. Centara Loyalty Marketing Co., Ltd. Centara Learning Centre Co., Ltd. Kata Phuket Hotel Co., Ltd. Investment in property fund Thai Pattana Fund 2
For reporting purposes, the Company and its subsidiaries are referred to as the Group.
The principal businesses of the Company are in the hotel business. Details of the Company’s subsidiaries, associate and joint venture are as follows: (Cont’d)
The principal businesses of the Company are in the hotel business. Details of the Company’s subsidiaries, associates and interests in joint ventures as at 31 December 2014 and 2013 are as follows: Ownership interest ( % ) 31 December 31 December 2014 2013
Type of business
Country of incorporation
Hotel Hotel Hotel Hotel Hotel Hotel Holding company Food and beverage Dormant company Hotel Holding company and hotel management Not operate yet Not operate yet Not operate yet Not operate yet Hotel management Hotel Not operate yet Import and export Not operate yet Offer privileges for customers Learning centre Hotel
Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand Thailand
100.0 100.0 100.0 63.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 99.3 100.0 100.0 100.0 100.0 100.0 99.0
100.0 100.0 100.0 63.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 99.3 100.0 100.0 100.0 100.0 100.0 -
Property fund
Thailand
-
23.9*
Name of the entity Indirect subsidiaries Investment in subsidiaries Central Sukhontha Hotel Co., Ltd. Central Samui Village Co., Ltd. Central Mae Sot Hill Hotel Co., Ltd. CRG Manufacturing Co., Ltd. Central Laundry Services Co., Ltd. CRG International Food Co., Ltd. S.P. Realty Lanta Beach Co., Ltd. Centara Maldives Pvt. Ltd. R.M.L. Leisure Pvt. Ltd. Centara (Shanghai) Hotel Management CIM for Hotel Management- Egypt, S.A.E Investment in associate and interest in joint venture Centara Hotels & Resorts Leasehold Property Fund Kata Phuket Hotel Co., Ltd.
Ownership interest ( % ) 31 December 31 December 2014 2013
Type of business
Country of incorporation
Hotel Hotel Hotel Food and beverage Dormant company Food and beverage Not operate yet Hotel Hotel Not operate yet Not operate yet
Thailand Thailand Thailand Thailand Thailand Thailand Thailand Maldives Maldives China Egypt
100.0 100.0 98.4 100.0 100.0 100.0 100.0 75.0 74.0 100.0 100.0
100.0 100.0 98.4 100.0 100.0 100.0 100.0 75.0 74.0 -
Property fund Hotel
Thailand Thailand
25.3 -
25.3 50.0
These Group consolidated financial statements were authorised for issue by the Board of Directors on 26 February 2015.
* By direct and indirect shareholding The property fund was registered for dissolution on 7 February 2014 and finished the liquidation process on 31 March 2014.
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FINANCIAL STATEMENTS
Central Plaza Hotel Public Company Limited
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