Bangkok Post Annual report 2000

Company (Baht)

		Paid Capital		Percentage of Holding		Cost Method		Equity Method
	Nature of	2000	1999	2000	1999	2000	1999	2000	1999
	business								Restated

Subsidiary company	Selling of
Siam Communications	magazines	25,000	25,000	100.00	100.00	25,000	25,000	208,557	245,889
Limited
Joint ventures
Hachette Filipacchi	Publisher s
Post Company Limited	of magazine	25,000,000	25,000,000	51.00	51.00	12,750,000	12,750,000	12,393,243	4,483,908
Web Advisory CompanyLimited	Internet business	12,666,670	—	50.00	—	20,000,688	—	17,399,860	—

Total investments in joint ventures						32,750,688	12,750,000	29,793,103	4,483,908

Other companies
Singapore Press	Publisher
Holdings Limited	of magazines	27,393,300,000	27,393,300,000	0.00	0.00	16,124	16,124
Asia Magazines Limited	Publisher of
	magazines	75,143,373	75,143,373	10.90	10.90	12,725,577	12,725,577

						12,741,701	12,741,701
Less: Allowance for impairment in value of investments						(12,725,577)	(12,725,577)

Total Investments in other companies, net						16,124	16,124

Note 10. Property, plant and equipment, net

	Consolidated (Baht) Restated

	Land	Building	Building and leasehold improvements	Machinery and equipment	Office furniture and equipment	Motor vehicles	Machinery and in transit	Total

At 31 December 1999 Cost
– as previously reported	81,083,500	585,236,803	50,549,703	561,696,506	70,596,141	17,785,09	4,220,778	1,371,168,527
– prior year adjustment - change in the accounting
for joint venture (Note 3)	—	—	(457,443)	—	(6,146,843)	—	(1,237,428)	(7,841,714)

– as restated	81,083,500	585,236,803	50,092,260	561,696,506	64,449,298	17,785,096	2,983,350	1,363,326,813

Less: Accumulated depreciation
– as previously reported	—	(212,714,026)	(41,493,101)	(400,487,574)	(61,773,467)	(12,584,470)	—	(729,052,638)
– previous year adjustment - change in the accounting
for joint venture (Note 3)	—	—	250,281	—	2,705,460	—	—	2,955,741

– as restated	—	(212,714,026)	(41,242,820)	(400,487,574)	(59,068,007)	(12,584,470)	—	(726,096,897)

Net book amount - as restated	81,083,500	372,522,777	8,849,440	161,208,932	5,381,291	5,200,626	2,983,350	637,229,916

For the year ended 31 December 2000
Opening net book amount -
as restated	81,083,500	372,522,777	8,849,440	161,208,932	5,381,291	5,200,626	2,983,350	637,229,916
Additions	—	—	1,397,881	13,685,240	2,899,784	4,927,322	22,558,523	45,468,750
Disposals	—	—	—	(19,038)	(46,199)	(57,654)	—	(122,891)
Transfers	—	—	—	20,591,547	1,270,052	—	(21,861,599)	—
Depreciation charge	—	(29,321,922)	(3,351,887)	(42,298,428)	(2,705,059)	(2,538,005)	—	(80,215,301)

Closing net book amount	81,083,500	343,200,855	6,895,434	153,168,253	6,799,869	7,532,289	3,680,274	602,360,474

At 31 December 2000
Cost	81,083,500	585,236,803	51,490,141	595,962,099	67,720,727	19,731,417	3,680,274	1,404,904,961
Less: Accumulated depreciation	—	(242,035,948)	(44,594,707)	(442,793,846)	(60,920,858)	(12,199,128)	—	(802,544,487)

Net book amount	81,083,500	343,200,855	6,895,434	153,168,253	6,799,869	7,532,289	3,680,274	602,360,474

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