210 "s at December 20 2 and 20 , the total assets of subsidiaries and +oint Venture represent 2.2 percent and . percent, respectively, of the total assets in the consolidated statements of ųnancial position, and total revenues of subsidiaries and +oint Venture for the year ended December 20 2 and 20 represent .5 percent and 28.0 percent, respectively, of the total revenues in the consolidated statements of comprehensive income. "s at 0 +une 20 , Index $reative Village 1ublic $ompany -imited, Design 0 International $o., -td., Design 0 $o., -td. and the $ompany, entered into +oint Venture agreement under the name of ĜI/D&9 D 0 M"$0 +oint Ventureġ, which is established to propose design, execution and management of presentation in ,orea &xposition. The $ompany’s portion in Koint venture is 20 . The consolidated ųnancial statements included such +oint Venture’s ųnancial statements proportionately for the ųrst time in 20 2. The consolidated ųnancial statements as at December 20 2 included the proportion of the assets, liabilities, revenues and expenses of the Koint venture, the balances of which are as follows Thousand Baht
Consolidated F/S As at 31 December 2012
$urrent assets $urrent liabilities 3evenues &xpenses
2, 0 2,0 2 For the year ended December 20 2 ,78 ,
2. SigniĹłcant inter company transactions with subsidiaries and Koint venture included in the consolidated Ĺłnancial statements have been eliminated. 2. The consolidated Ĺłnancial statements have been prepared with the same accounting policies as for the separate Ĺłnancial statements for the same accounting transactions or accounting events. 3. 4JHOJĹłDBOU "DDPVOUJOH 1PMJDJFT The principal accounting policies adopted in the preparation of these consolidated and the separate Ĺłnancial statements are set out below . $ash and cash equivalents $ash and cash equivalents represent cash on hand, deposits with Ĺłnancial institutions with maturities of less than three months, and short term highly liquid investments with original maturities of three months or less, without restriction of usage or obligation.