รายงานต่อตลาดหลักทรัพย์ฯ

(THOUSAND BAHT) % HOLDING COST METHOD EQUITY METHOD June December June December June December 30, 2000 31, 1999 30, 2000 31, 1999 30, 2000 31, 1999 SUBSIDIARIES 1. THE BANGKOK ENTERTAINMENT CO., LTD. 99.99 99.99 299,999 299,999 1,280,346 1,201,604 2. RUNGSIROJVANIT CO., LTD. 99.99 99.99 35,000 35,000 868,173 1,424,627 3. NEW WORLD PRODUCTION CO., LTD. 99.99 99.99 59,999 59,999 1,088,564 1,147,674 4. ARIYAWATANA CO., LTD. 99.99 99.99 42,997 42,997 601,139 625,366 5. YOU & I CORPORATION CO., LTD. 99.99 99.99 34,999 34,999 (176,285) (144,825) 6. 3 MEDIA CO., LTD. 99.99 99.99 30,000 30,000 (4,978) (3,181) 7. BEC STUDIO CO., LTD. 99.99 99.99 5,000 5,000 6,552 6,483 8. BEC INTERNATIONAL DISTRIBUTION CO., LTD. 99.99 99.99 5,000 5,000 (4,758) (3,299) 9. BEC NEWS BUREAU CO., LTD. 99.99 99.99 5,000 5,000 6,551 6,481 10. BANGKOK TELEVISION CO., LTD. (FORMER NAME : BANGKOK CABLE TELEVISION SYSTEMS CO., LTD.) 99.99 99.99 5,000 5,000 71,583 2,519 11. BANGKOK SATELLITE & TELECOMMUNICATION CO., LTD. 99.99 99.99 25,000 25,000 33,958 33,541 12. SATELLITE BROADCASTING SYSTEM CO., LTD. 99.99 99.99 1,000 1,000 1,151 1,149 13. SATELLITE TV BROADCASTING CO., LTD. 99.99 99.99 1,000 1,000 682 696 14. BEC-TERO ENTERTAINMENT CO., LTD. 59.99 59.99 8,116 8,116 6,397 (7,710) TOTAL INVESTMENTS IN SUBSIDIARIES 558,110 558,110 3,965,096 4,450,140 TOTAL INVESTMENTS DEFICIENCY - - (186,021) (159,015) ASSOCIATE 1. CVD ENTERTAINMENT PUBLIC COMPANY LIMITED 20.00 20.00 328,847 328,847 195,677 193,089 TOTAL INVESTMENTS IN SUBSIDIARIES AND ASSOCIATE 886,957 886,957 4,160,773 4,643,229 TOTAL INVESTMENTS DEFICIENCY - - (186,021) (159,015) Due to some subsidiary companies have capital deficiency on June 30, 2000 and December 31, 1999, therefore, the amount of investments in subsidiaries by equity method was presented in liabilities under "investments deficiency". -10- The financial statements of CVD Entertainment Public Company Limited as at June 30, 2000 and December 31, 1999 are based on the reportof other auditor of such company. The Company's portion of amount recorded in the consolidated financial statements and the Company only is immaterial. The Company invested in stocks of CVD Entertainment Public Company Limited which is listed in the Stock Exchange of Thailand amount of 7.20 million shares. The market value as at June 30, 2000 and December 31, 1999 are equal to Baht 79.20 million and Baht 106.20 million, respectively. The financial statements of BEC - TERO (YANGON) COMPANY LIMITED which is located in the Union of Myanmar holding by subsidiary and is partly included in the consolidated financial statements ended June 30, 2000, and December 31, 1999, based on the information of Myanmar's auditor. For the financial statements ended June 30, 1999, based on the data prepared by the management which have not been reviewed by the auditors. The amount of assets, liabilities and equity are immaterial to the consolidated financial statements and the Company's financial statements. (THOUSAND BAHT) PAID-UP CAPITAL DIVIDENDS TYPE OF BUSINESS RELATIONSHIP June December June June 30, 2000 31, 1999 30, 2000 30, 1999 SUBSIDIARIES 1. THE BANGKOK ENTERTAINMENT Broadcasting Thai Common 300,000 300,000 199,999 199,999 CO., LTD. TV Channel 3 and shareholders/ radio directors 2. RUNGSIROJVANIT CO., LTD. Sourcing and Common 5,000 5,000 689,990 - producing shareholders/ TV Programs, and directors sell air time 3. NEW WORLD PRODUCTION Sourcing and Common 5,000 5,000 184,998 - CO., LTD producing shareholders/ TV Programs, and directors sell air time -11- (THOUSAND BAHT) PAID-UP CAPITAL DIVIDENDS TYPE OF BUSINESS RELATIONSHIP June December June June 30, 2000 31, 1999 30, 2000 30, 1999 4. ARIYAWATANA CO., LTD. Sourcing and Common 1,000 1,000 - - producing, and shareholders/ TV Programs, and directors sell air time 5. YOU & I CORPORATION Producing radio Common 35,000 35,000 - - CO., LTD. programs, operating shareholders/ radio stations and directors producing pictures 6. 3 MEDIA CO., LTD. Sourcing and sell air Common 30,000 30,000 - - time, equipment and shareholders/ electronics advertising directors media services 7. BEC STUDIO CO., LTD. ( * ) Producing programs Common 5,000 5,000 - - and studio services shareholders/ directors 8. BEC INTERNATIONAL Sourcing and producing Common 5,000 5,000 - - DISTRIBUTION CO., LTD. TV Programs shareholders/ directors 9. BEC NEWS BUREAU CO., LTD. (*) Producing news Common 5,000 5,000 - - programs shareholders/ directors 10. BANGKOK TELEVISION CO., LTD. Sourcing and Common 5,000 5,000 - - (FORMER NAME : BANGKOK producing TV program shareholders/ CABLE TELEVISION and sell air time directors SYSTEMS CO., LTD. ) 11. BANGKOK SATELLITE & Satellite Uplink- Common 25,000 25,000 - - TELECOMMUNICATION Downlink services shareholders/ CO., LTD. ( * ) directors 12. SATELLITE BROADCASTING Satellite Uplink- Common 1,000 1,000 - - SYSTEM CO., LTD. ( * ) Downlink services shareholders/ directors 13. SATELLITE TV BROADCASTING Satellite Uplink- Common 1,000 1,000 - - CO., LTD. ( * ) Downlink services shareholders/ directors 14. BEC-TERO ENTERTAINMENT Sourcing and producing Common 10,000 10,000 - - CO., LTD. TV programs and sell air shareholders/ time for TV advertising, directors producing and promoting songs for concert, produc- ing pictures and plays. ASSOCIATE 1. CVD ENTERTAINMENT PUBLIC Producing video tape Common 360,000 360,000 - - COMPANY LIMITED and lazer disc, shareholders/ Distributing and directors Renting video tape * NOT YET OPERATING -12- 8. DIVIDENDS PAYMENT AND DIRECTORS' REMUNERATION On March 13, 2000, the Board of Directors' Meeting was held and approved to pay dividends at Baht 7.00 per share to the shareholders 3 of 200 million shares, totalling Baht 1,400 million. On April 27, 2000, the Ordinary General Shareholders' Meeting for 2000 was held and approved to pay such proposed dividends and directors' remuneration amounting to Baht 12 million by fixing the payment date for dividends on May 18, 2000. On March 16, 1999, the Board of Directors' Meeting was held and approved to pay dividends at Baht 6.50 per share to the shareholders of 200 million shares, totalling Baht 1,300 million. On April 29, 1999, the Ordinary General Shareholders' Meeting for 1999 was held and approved to pay such proposed dividends and directors' remuneration amounting to Baht 12 million by fixing the payment date for dividends on May 11, 1999. 9. TRANSACTIONS WITH RELATED PARTIES The Company has some transactions with the related parties which are related through shareholding or having common shareholders and/or directors. The effects of these transactions were reflected in the accompanying financial statements on the conditions mutually determined by the Company and parties concerned and in normal business. -13- The significant transactions with related parties are as follows: (THOUSAND BAHT) TRANSACTIONS IN CONSOLIDATED BALANCE SHEETS June 30, 2000 December 31, 1999 Trade accounts receivable 24,880 20,946 Loans extended 58,984 54,478 Interest receivable 257 2,537 Other current assets 472 - Purchase of office equipments 4,973 8,268 Trade accounts payable 425 306 (THOUSAND BAHT) TRANSACTIONS IN CONSOLIDATED STATEMENTS OF June 30, 2000 June 30, 1999 INCOME (FOR THE SIX-MONTH PERIODS) Revenues 26,029 4,015 Interest income 2,228 3,321 Cost of sales 738 262 Expenses 7,111 7,490 10. FINANCIAL INFORMATION BY SEGMENT The Company and its subsidiaries are engaged in the business of amusement and entertainment and in the geographical areas of Thailand and Myanmar. Therefore, all revenues, income and assets shown in the financial statements are related to the aforesaid industrial segment and geographical areas. -14- 11. COMMITMENTS AND CONTINGENT LIABILITIES As at June 30, 2000 and December 31, 1999, the Company and its subsidiaries have commitments and contingent liabilities as follows: (MILLION BAHT) PARTICULAR CONSOLIDATION THE COMPANY ONLY June December June December 30, 2000 31, 1999 30, 2000 31, 1999 Letter of guarantee issued by commercial banks 18.09 20.41 - - Copyright charges of pictures under forward purchase contract - Current portion 43.58 131.43 5.00 64.55 - Portion due after one year 12.04 19.60 - - 12. RECLASSIFICATION OF ACCOUNTS Certain accounts in the 1999 financial statements have been reclassified to conform with the presentation of 2000 financial statements.