Page 386 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

Transaction Value (Baht : Million)

2019 2020 2021
Persons or Companies which may Details
have conflict of interest Account Other Account Other Account Other
payables non- payables non- payables non-
current current current
liabilities liabilities liabilities
COL Group: 38.55 7.46 36.77 9.57 - - Outstanding payables
from COL Group are
(CRC group acquired COL Group as mainly from purchasing
subsidiaries in February 2021. Therefore, in of goods with trading
2021, there were transactions in January conditions of payment
2021 only.) within 30 days.

Non-current liabilities
from COL Group are
mostly from receiving
guaranteed deposit
and receiving cash in
advance from leased
space in building.
Other related companies Group: 0.42 - 238.81 - 470.80 - Outstanding payables
− Post International Media Company from other related
Limited c omp anies are
− Terasoft Solutions Development mainly from computer
Company Limited service expense and
− RIS Company Limited maintenance expenses
with trading conditions
(RIS Company Limited and Terasoft Solutions of payment within 30
Development Company Limited have been days.
included in related party list of the Group
since 2020)

Related persons Group 8,255.49 - - - - - Outstanding payable of
related persons group is
from cheques on hand
which the Company
paid dividends to each
person.

Measures and procedures for approval of Related Party Transactions

When the Company and its subsidiaries enter into a related party transactions, the Company would comply with the
Securities and Exchange Act including rules, announcement, order, or regulations of the Securities and Exchange
Commission and the Capital Market Supervisory Board, and also comply with the conditions regarding information
disclosure of the related party transaction and other relevant rules. Related parties are not able to participate in
the approval of such transactions.

In the case that the related regulations prescribe that the related transactions shall be approved by the meeting
of Board of Directors, the Company would appoint the Audit Committee to attend the meeting for considering
and giving opinions on the necessity and reasonability of the transactions. The transaction of ordinary business
or ordinary business supporting transaction which is the trade agreement with general commercial conditions and
the transaction which is not the general commercial conditions shall be done according to the following principles:

386 Annual Report 2021 (Form 56-1 One-Report)