98 42. Related party transactions During the years, the Company and its subsidiaries had significant business transactions with its related parties. These transactions have been concluded on commercial terms and based agreed upon in the ordinary course of businesses between the Company and those companies. Below is a summary of those transactions. (Unit: Million Baht) Consolidated financial statements Separate financial statements Transfer pricing policy 2021 2020 2021 2020 (For the year 2021) Transactions occurred during the years Subsidiary companies Purchase of debt securities - - - 43 Investment in common share of subsidiary companies - - 884 - At the amount agreed under the contract Capital returned from subsidiary companies - - 1,076 5,199 At the net assets value Interest income - - 101 42 At interest rate of 1.255 - MLR-1 percent per annum Rental and other service income - - 132 57 At the rate agreed under the contract Associated companies Purchase of debt securities 5,409 - 670 - At market price Sales of debt securities 1,599 - 1,134 - At market price Investments in ordinary share of associated and joint venture 3,948 881 3,030 881 At the amount agreed under the contract Interest income 4 2 4 - At interest rate of 0.10 - 4.00 percent per annum Non-life insurance premium/life insurance premium income 71 21 - - At the rate agreed under the contract Other income 2 4 2 - Interest expenses 17 3 - - At interest rate of 1.00 - MLR-1 percent per annum Dividend paid 390 390 390 390 As declared Non-life insurance/life insurance expenses 864 32 - - At the rate agreed under the contract Other expenses 81 176 23 18 314
RkJQdWJsaXNoZXIy ODEyMzQ3