NOTES TO FINANCIAL STATEMENTS
6.
Related party transactions During the years, the Company, its subsidiaries and its jointly controlled entities had significant business transactions with related parties. Such transactions, which are summarised below, arose in the ordinary course of business and were concluded on commercial terms and bases agreed upon between the Company and those related parties. Consolidated financial statements
Transactions among the Company, its subsidiaries and its jointly controlled entities and their related companies Rental expenses and Other service expenses Transactions among the Company, its subsidiaries and its jointly controlled entities and their associated companies Revenues from production of television programmes Other service income Service expenses Transactions among the Company, its subsidiaries and its jointly controlled entities and their management and directors Service expenses Loans from directors
(Unit: Million Baht) Pricing policy
2009
2008
151
138
(1) / (5) / (7)
24 9 195
26 6 142
(2) (5) (5)
17 3
20 8
(3)/(5) (6)
Separate financial statements
(Unit: Million Baht) Pricing policy
2009
2008
13 5 93 16 92 354 -
19 4 111 21 86 308 18 59
6
8
(5)
Transactions between the Company and its related companies Rental and Other service expenses
91
69
(1) / (5) / (7)
Transactions between the Company and its management and directors Service expenses
5
8
(3)/(5)
Transactions between the Company and its subsidiaries (eliminated from the consolidated financial statements) Artist management income Sales of audio products Revenues from copyrights Revenues from production of concerts Other service income Service expenses Purchases of equipment Purchase of copyrights on motion pictures Transactions between the Company and the associated companies Service expenses
(4) (4) (3) (4) (5) (5) (8) / (9) (7)
(1) (2) (3) (4) (5) (6)
Contract price with the rental rate as appraised by independent valuer or the contract price With reference to prices charged to third parties depending on when the sales were made and the agreement. Charge per unit sold with reference to market price Cost plus margin Mutually agreed price Minimum interest rate charged on loans from directors is charged at the rate not lower than the fixed deposit rate of local commercial banks (7) Contract price (8) Net book value (9) Market price as appraised by independent valuer
12 0100