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Termination benefits Other long-term benefits Total key management personnel compensation

834 6

716 9

750 5

676 8

47,272

41,161

45,437

39,625

Other related parties Rental and service income Dividend income Purchase construction materials

1,622 4,462 28,943

1,622 4,619 18,723

1,622 4,415 27,982

1,622 4,619 17,699

Balances as at 31 December with related parties were as follows: Consolidated Separate financial statements financial statements 2013 2012 2013 2012 (in thousand Baht)

Trade accounts payable Other related party Durafloor Company Limited 9,965 8,311 Other long-term investments in related parties Other related parties Other non-marketable equity securities 61,118 61,118 Less allowance for devaluation (39,544) (39,544) Net 21,574 21,574 Advance to related party Subsidiary Mancon Company Limited Advance from related party Subsidiary Mancon Company Limited Movements during the years ended 31 December of advances from /to related parties were as follows:

Advance to related party Subsidiary At 1 January Increase Decrease At 31 December Advance from related party Subsidiary At 1 January Increase At 31 December

9,558

8,055

60,179 (39,544) 20,635

60,179 (39,544) 20,635 -

57,428

19,993

-

Consolidated Separate financial statements financial statements 2013 2012 2013 2012 (in thousand Baht) -

-

-

-

57,428 31,128 (88,556) -

54,770 61,432 (58,774) 57,428

19,993 19,993

-

Other related party At 1 January Increase 13,000 13,000 Decrease (13,000) (13,000) At 31 December The Company bought a plot of land, located in Bangkok from a director of the Company for future real estate development at a price equal to the average appraisal value by two independent appraisers. The Company paid Baht 31.50 million in promissory note due on 13 March 2014. The remaining was paid by cash amounting to Baht 3.47 million. The land’s ownership right has already been transferred to the Company. Annual Report 2013

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MK : Annual Report 2013  

Annual Report 2013

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