Page 214 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability Corporate Governance Policy Financial Statements Attachments
212 Tata Steel (Thailand) Public Company Limited
Tata Steel (Thailand) Public Company Limited
Notes to the Consolidated and Separate Financial Statements
Tata Steel (Thailand) Public Company Limited
For the year ended 31 March 2025
Notes to the Consolidated and Separate Financial Statements For the year ended 31 March 2025
14 Investment in a subsidiary
14 Investment in a subsidiary
As at 31 March 2025 and 2024, the subsidiary included in consolidated financial statements is listed below. The subsidiary has only ordinary shares in which the Group directly holds those shares. The proportion of ownership interests held by the Group is equal to voting rights in subsidiary held by the Group.
Company name
Cost
Cost
impairment value
Tata Steel Manufacturing (Thailand) Public Company Limited
Thailand
99.90 99.90
15,393,047
(3,380,000)
12,013,047
15,393,047
(3,380,000) 12,013,047
Country of incorporation
2025 2024 % %
Allowance for impairment
Net book value
Allowance
for Net book
% Ownership interest
Cost method 2025
Cost method 2024
As at 31 March 2025 and 2024, the Group has made an assessment of impairment loss on investment in a subsidiary and considered that the recoverable amount was not lower than its carrying amount referring to the key assumptions used for an assessment of impairment loss on investment in a subsidiary as described in Note 17, so no additional allowance for impairment was necessary.
15,393,047
(3,380,000)
12,013,047
15,393,047
(3,380,000) 12,013,047
Separate financial statements (Unit : Thousand Baht)
41