Patkol Public Company Limited
Note to Financial Statements PATKOL PUBLIC COMPANY LIMITED As at December 31, 2007 and 2006
GENERAL INFORMATION 1.1 Patkol Public Company Limited was incorporated as a company limited on November 28, 1965 with registration no. 372/2508 and changed to a public company limited on June 28, 1993 with registration no. 0107536000587. 1.2 The Company没s office is located at 348 Chalermprakiat Rama 9 Road, Pravate, Bangkok 10250. 1.3 The Company is engaged in the trading and services of engineering products which include turnkey sales of services in design, manufacturing and installation of various types of industrial refrigeration for the ice making industry and supermarket, dairy and ice-cream processing, as well as food related processing plant and supplies made to order. 1.4 As at December 31, 2007 and 2006, the Company and subsidiary have 1,618 staff and 1,699 staff in the consolidated financial statements, and 1,238 staff and 1,318 staff in the separate financial statements, respectively and also have staff expenses for the year 2007 and 2006 amount of Baht 506.76 million and Baht 431.71million in the consolidated financial statements, Baht 419.74 million and Baht 360.61 million in the separate financial statements, respectively.
PREPARATION OF FINANCIAL STATEMENTS BASIS
These financial statements have been presented in accordance with the notification of the Department of Business Development dated September 14, 2001 regarding the abbreviate items which must be shown in the financial statements for the company limited and prepared in conformity with the generally accepted accounting principles as prescribed by the Accounting Professions Act B.E. 2547. The financial statements have been prepared under the historical cost convention, except as transaction disclosed in significant accounting policies.
BASIS OF CONSOLIDATED FINANCIAL STATEMENTS
These financial statements for the year ended December 31, 2007 and 2006 have been consolidated the financial statements of Patkol Public Company Limited and its subsidiary companies as follows : Subsidiaries没 name
Percentage of shareholding 2007 2006
Shareholding by the Company Patkol Manufacturing Co., Ltd.
Patkol (1984) Co., Ltd.
Shareholding by the Company Patkol R & D Co., Ltd.
PKB Enterprise Co., Ltd.
Annual Report 2007
Type of business
Manufacture and sale of food related processing equipment and cooling equipment Manufacture and sale the electric system equipment Research and development in applied technology and related fields Manufacture and import foam plate and equipment for cold room business
As of 31 December 2007