Page 239 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability Corporate Governance Policy Financial Statements Attachments
Tata Steel (Thailand) Public Company Limited
TNaottaeSsteoetlh(eThCaoinlasnodli)dPatuebdliacnCdoSmepanrayteLiFminitaendcialStatements
Notes to the Consolidated and Separate Financial Statements
For the year ended 31 March 2025
For the year ended 31 March 2025 33 Related party transactions
33 Related party transactions
Enterprises and individuals that directly, or indirectly through one or more intermediaries, control, or are controlled by, or are under common control with the Company, including holding companies, subsidiaries and fellow subsidiaries are related parties of the company. Associates and individuals owning, directly or indirectly, an interest in the voting power of the company that gives them significant influence over the enterprise, key management personnel, including directors and officers of the company and close members of the family of these individuals and companies associated with these individuals also constitute related parties.
In considering each possible related party relationship, attention is directed to the substance of the relationship, and not merely the legal form.
The following transactions were carried out with related parties:
a) Relatedpaartrytytrtarnasnascaticotniosnfosrftohretyheayrseaernsdednd3e1dM3a1rcMh a2r0c2h52a0n2d52a0n2d4 2024
For the years ended 31 March
Revenues
Sales
Tata Steel Limited
The Siam Industrial Wire Co., Ltd.
TSN Wires Co., Ltd.
Tata International Metals Asia Ltd. Tata International Metals Americas Ltd.
Total
Interest income
Tata Steel Manufacturing (Thailand)
Public Company Limited Total
Management fees income
Tata Steel Manufacturing (Thailand)
Public Company Limited Total
Consolidated financial statements
Separate financial statements
2025 Thousand Baht
2,193,446 543,588 158,760 246,215 374,845
3,516,854
- -
-
-
2024 Thousand Baht
840,495 489,366 229,799 489,299 422,233
2,471,192
- -
-
-
2025 Thousand Baht
- - - - -
-
158 158
286,324
286,324
2024 Thousand Baht
- - - - -
-
1,680 1,680
327,606
327,606 specified in the
The Company has made the service agreement with a subsidiary which charges at the rate agreement and calculated by cost plus method.
56-1 One Report 2024-25 237