133 / 196
131
13. Investments in subsidiaries
Investments in subsidiaries as at 31 December 2015 and 2014, and dividend income for the years then ended were as follows:
Ownership
interest
%
SET
Paid-up capital
Cost method Dividend income
2015 2014 2015 2014 2015 2014 2015 2014
Subsidiaries
Thailand Securities Depository Co., Ltd.
100.00
100.00 200,000 200,000 200,000 200,000 320,832 284,200
Thai Trust Fund Management Co., Ltd.
100.00
100.00 100,000 100,000 100,000 100,000
414
680
Thai NVDR Co., Ltd.
100.00
100.00
10,000
10,000
10,000
10,000
2,240
1,960
SETTRADE.COMCo., Ltd.
100.00
100.00
80,000
80,000
74,591
74,591
48,926
66,072
Siam DR Co., Ltd.
100.00
100.00
10,000
10,000
10,000
10,000
218
280
Thailand Futures Exchange Public Company Limited
100.00
100.00 100,000 100,000 100,000 100,000
1,875
34,736
Thailand Clearing House Co., Ltd.
(1)
100.00
100.00 600,000 100,000 602,700 102,700
63,894
-
1,100,000 600,000 1,097,291 597,291 438,399 387,928
The business place of all subsidiaries is in Thailand and the nature of business of each subsidiaries has already disclosed
in Note 1.
(1)
The total number of authorized ordinary shares is 60,000,000 shares (2014: 10,000,000 shares) with a par value of
Baht 10 per share (2014: Baht 10 per share). All issued shares are fully paid.
On 16 December 2015, the shareholders at the Extraodinary Meeting no. 01/2015 passed a resolution to approve increase
the authorized share capital from 10,000,000 ordinary shares with a par value of Baht 10 per share to 60,000,000 ordinary shares
with a par value of Baht 10 per share. On 22 December 2015, Subsidiary received subscription of 50,000,000 additional shares
at Baht 10 par value which were priced at Baht 10 per share. The paid-up share capital totaling Baht 500,000,000. Subsidiary
registered the increased share capital with the Ministry of Commerce on 23 December 2015.
14. Investments in associates and joint venture entity, net
Investments accounted for using equity method
The amounts recognised in the statement of financial position are as follows:
Consolidated
SET
2015
2014
2015
2014
Associates
901,458
882,042
775,620
775,620
Joint venture entity
66,276
63,027
25,000
25,000
At 31 December
967,734
945,069
800,620
800,620
(Unit : Baht’000)
(Unit : Baht’000)