Mcot 05

Page 78

76 MCOT Public Company Limited Notes to the Financial Statements (continued) For the year ended on December 31, 2005 and for the period beginning from October 1, 2004 to December 31, 2004

9

Investment - equity method i)

Investment - equity method as at December 31, 2005 and December 31 2004 are as follows : Consolidated Company December 31, December 31, December 31, December 31, 2005 2004 2005 2004 Baht Baht Baht Baht

Subsidiary Panorama Worldwide Company Limited Total investment - equity method

ii)

-

-

6,714,254 6,714,254

5,150,149 5,150,149

Changes in investment - equity method for the year ended December 31, 2005 and for the period beginning October 1, 2004 to December 31, 2004 are as follows:

Company December 31, December 31, 2005 2004 Baht Baht Opening net book value Additions Share of profit (loss) of subsidiary Closing net book value

iii)

5,150,149 1,564,105 6,714,254

3,589,155 1,560,994 5,150,149

Investment - equity method can be summarized as follow :

Company name Subsidiary Panorama Worldwide Company Limited

ANNUAL REPORT 2005

Business Production of television programmes services

Country of Incorporation

Currency

Thailand

Baht


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