Page 153

L.V. TECHNOLOGY Public Company Limited Annual Report 2011

Notes to the financial statements For the years ended 31 December 2011 and 2010

14 Investments in equity-accounted investees Consolidated financial statements

2011

Jointly-controlled entity At 1 January Share of net profits of equity accounted jointly-controlled entity Dividend income Currency translation differences At 31 December Associates At 1 January Share of net profits of equity accounted associates Dividend income Allowance for impairment Currency translation differences

At 31 December Total At 1 January Share of net profits of equity accounted investees Dividend income Allowance for impairment Currency translation differences At 31 December

-

2010

5,193

3,644

(3,692)

2,127

200

-

(578)

(in thousand Baht)

Separate financial statements

2011

2010

4 -

4 -

1,701

5,193

4

4

215,139

205,951

6,072

6,072

66,462 (5,871)

36,597 (9,868)

-

(22,898)

(17,541)

252,832

215,139

4,137

6,072

220,332

209,595

6,076

6,076

62,770 (5,871)

38,724 (9,868)

(22,698)

(18,119)

254,533

220,332

-

-

(1,935)

-

(1,935) 4,141

6,076

The Company has not recognised loss relating to certain investment accounted for using the equity method where its share of loss exceeds the carrying amount of such investment. As at 31 December 2011, the Company’s cumulative share of unrecognised loss was Baht 10.54 million (2010: nil), of which Baht 10.54 million was the Company’s share of the current year’s loss (2010: nil). Investments in associates and jointly-controlled entity as at 31 December 2011 and 2010, and dividend income from those investments for the years then ended were as follows:

151

LVT : Annual Report 2011  
LVT : Annual Report 2011  

Annual Report 2011

Advertisement