Page 272 - BTSGroup ONE REPORT 2021/22_EN

270 l Introduction l Nature of Business l Organisation and Shareholding Structure l Business Review l Corporate Governance l Financial Statements l Other Information l

(Unit: Thousand Baht)
Consolidated f nancial Separate f nancial
statements statements
Company’s name Nature of business Country of Shareholding percentage Carrying amounts based on Cost
incorporation equity method
2022 2021 2022 2021 2022 2021
Baan Lanyai Co., Ltd. Restaurants and food service Thailand 25.00 - 10,908 - - -
TBN Software Co., Ltd. (Note 14.7) Selling and developing software Thailand 25.00 - 362,541 - - -
including providing consultation
services on developing software
Total 48,378,313 32,948,392 46,874,471 38,453,712
Less Allowance for impairment (115,799) (115,799) (7,006,648) (5,111,466)
Net 48,262,514 32,832,593 39,867,823 33,342,246

16.1.1 BTS Rail Mass Transit Growth Infrastructure Fund (“BTSGIF”)
Investment in BTSGIF under equity/cost method was detailed below.

(Unit: Thousand Baht)

Consolidated f nancial statements Separate f nancial statements
Equity method Cost method
2022 2021 2022 2021
Cost 20,833,200 20,833,200 20,833,200 20,833,200
Add (less): Allowance for impairment of investment - - (5,316,036) (3,591,174)
Gain on sale of future net fare box revenues in proportion
to the Company’s investment (6,748,791) (6,748,791) - -
Accumulated share of profit 10,721,672 10,430,375 - -
Adjustment under equity method (4,587,809) (4,267,256) - -
Accumulated dividend income (8,375,718) (8,375,718) - -
Accumulated return of capital (2,403,534) (2,137,332) (2,403,534) (2,137,332)
Net 9,439,020 9,734,478 13,113,630 15,104,694