Page 263 - BTSGroup ONE REPORT 2021/22_EN

BTS Group Holdings Public Company Limited 6.4 Notes to Consolidated Financial Statements 261
Annual Report 2021/22

14.1 Bangkok Mass Transit System Public Company Limited the payments of the additional share capital totaling Baht 3,750 million
(“BTSC”) as at 13 August 2021.
The 15,659,384,750 ordinary shares of BTSC, representing 97.46% of
all issued shares of BTSC, (excluding the ordinary shares of VGI Public The Company pledged share certificates of NBM and EBM, as collateral
Company Limited held by BTSC, and benefits and rights which are not against credit facilities granted by financial institutions.
related to the net revenue of the Core BTS Sky Train System) have
been pledged with BTS Rail Mass Transit Growth Infrastructure Fund 14.3 VGI Public Company Limited (“VGI”)
to secure its obligations under the Sponsor Support and Guarantee BTSC pledged all ordinary shares of VGI with the Company, in
Agreement. accordance with an agreement related to the Net Revenue Purchase
and Transfer Agreement.
14.2 Northern Bangkok Monorail Company Limited (“NBM”) and
Eastern Bangkok Monorail Company Limited (“EBM”) Transactions for the year ended 31 March 2022
On 16 June 2021, the Board of Directors Meetings of Northern Bangkok Sale transactions of investment in the subsidiary
Monorail Company Limited and Eastern Bangkok Monorail Company
Limited passed resolutions to call for payments of additional share capital The Group sold 142 million warrants of VGI at prices of Baht 0.38 - 0.63.
of Baht 2,600 million and 2,400 million, respectively. The Company made The accounting records are detailed below.

(Unit: Thousand Baht)
Consolidated f nancial statements Separate f nancial statements
Cash received from sales of warrants 65,383 41,553
Less: Related tax (13,040) -
52,343 41,553
Less: Less: Non-controlling interests of subsidiary adjusted (478) -
Surplus from the changes in the ownership interests in subsidiary /
Gain on sales of investment in subsidiary 51,865 41,553