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Shin Satellite Public Company Limited Annual Report 2006
Related Companies/Parties Transaction ITV Public Company Limited/ SHIN is a major shareholder holding 52.92% and joint directors.
Value of Related Transaction at 31 December 2006 Reason (millions of Baht) Consolidated
1. Revenues from sales and services. ITV leased transponders on Thaicom. - Trade account receivable 2. Expenses and other payments. The Company paid for ITV’s air time. - Trade account payable and other account payable
39.13 -
The Company is the only service provider of transponder leasing in the country. Service fee was charged under normal contract and business conditions as with external customer.
0.01 0.01
Service fee was charged under normal contract and business conditions as with external customer.
CS LoxInfo Public Company Limited (CSL)/ Subsidiary of the Company is a shareholder holding 40.02% and joint directors.
1. Revenues from sales and services. CSL leased transponders on Thaicom and purchased IPSTAR User terminals. - Trade account receivable
22.82 6.35
The Company is the only service provider of transponder leasing in the country and distributor of IPSTAR user terminal in the country. Service fee was charged under normal contract and business conditions as with external customer.
- Engages in internet service provider business and uplink service.
2. Expenses and other payments. The Company paid for uplink service and internet service. - Trade account payable and other account payable
45.13 39.33
A normal trade transaction conducted under normal contract and business conditions as with external customer.
SC Matchbox Company Limited (SMB)/ ITV is a major shareholder holding 99.96%.
1. Revenues from sales and services. SMB leased transponders on Thaicom on occasional basis. - Trade account receivable
0.73 -
The Company is the only service provider of transponder leasing in the country. Service fee was charged under normal contract and business conditions as with external customer.
- Engages in advertising agency business, through all kind of advertisement media.
2. Expenses and other payments. The Company hired SMB for advertisement and public relation services such as printed media, logo design. - Trade account payable and Other account payable
1.39 1.78
To provide publicity on the Company’s services. Service fee was charged under normal contract and business conditions as with external customer.
- Engages in television broadcasting business.