Page 176 - Amata-one-report2020-en

Name of entities Nature of relationships

Amata B.Grimm Power (Rayong) 4 Limited Subsidiary of Amata B.Grimm Power Limited and
20% held by Amata City Rayong Co., Ltd.
Amata B.Grimm Power (Rayong) 5 Limited Subsidiary of Amata B.Grimm Power Limited and

20% held by Amata City Rayong Co., Ltd.
Thai-Chinese Rayong Industrial Service Co., Ltd. Common directors

Chewathai Public Company Limited Common directors
Vibharam Hospital (Amata Nakorn) Co., Ltd. Common directors
Amata Mansion Service Co., Ltd. Common directors
Kromadit Corp Co., Ltd. Family members of major shareholders of

the Company are directors
Amata Foundation Charity managed by the Company’s major
shareholders and directors

Kromadit Park Co., Ltd. Family members of major shareholders of
the Company are directors

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)
Consolidated Separate
financial statements financial statements Pricing policy

2020 2019 2020 2019
Transactions with subsidiaries
(eliminated from the consolidated financial
statements)

Rental income - - 35 35 Contract price
Interest income - - 15 15 2.60% - 4.00% per annum
Utility expenses - - 12 13 Contract price or as agreed upon
Transactions with associated companies

Utility income 229 240 - - Market price or contract price
Rental income 118 109 5 4 Contract price
Property management fee income 17 14 - - Contract price
REIT management fee income 15 13 - - Contract price
Interest income 1 - 1 - 3.50% per annum
Utility expenses 12 12 - - Contract price

Electricity expenses 22 24 - - Market price or contract price
Other expenses 24 20 12 12 Contract price or as agreed upon
176 56-1 One Report 2020 23