Page 245 - BTSGroup ONE REPORT 2021/22_EN

BTS Group Holdings Public Company Limited 6.4 Notes to Consolidated Financial Statements 243
Annual Report 2021/22

6. Related party transactions
During the years, the Group had significant business transactions with related parties. Such transactions, which are summarised below, arose in the ordinary
course of business and were concluded on commercial terms and bases agreed upon between the Company and those related parties.

(Unit: Million Baht)
For the years ended 31 March
Consolidated Separate
f nancial statements f nancial statements Pricing policy
2022 2021 2022 2021
Transactions with subsidiaries
(Eliminated from the consolidated financial statements)
Interest income - - 252 162 At cost of funds plus margin
Management income - - 24 12 Contract price
Revenue from guarantee - - 41 42 Contract price
Purchases of fixed assets and investment properties - - 1 39 Contract price
Interest expenses - - 27 165 At cost of funds plus margin
Other expenses - - 79 71 Mutual agreement
Transactions with jointly controlled entities and associates
Interest income 84 264 70 252 At cost of funds plus margin
Service income 48 96 7 7 Contract price
Revenue from contracting works 472 518 - - Contract price
Rental income 25 20 6 8 Contract price
Purchase of equipment and software computer 37 196 - - Contract price
Cost of services 191 226 - - Contract price
Management fee 112 200 106 198 Contract price
Rental expenses 169 70 141 54 Contract price
Interest expenses 12 9 12 9 At cost of funds plus margin
Special business tax paid - 9 - - Contract price
Other expenses 48 96 36 52 Contract price
Net fare box revenues transferred 938 2,084 - - Contract price
Transactions with related parties
Cost of services 52 29 - - Contract price
Cost of contracting works 9,045 13,568 - - Contract price
Other expenses 22 24 - 1 Mutual agreement