Page 408 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure
Central Retail Corporation Public Company Limited and its Subsidiaries
Notes to the financial statements
For the year ended 31 December 2021

These notes form an integral part of the financial statements.

The financial statements issued for Thai statutory and regulatory reporting purposes are prepared in the
Thai language. These English language financial statements have been prepared from the Thai language
statutory financial statements, and were approved and authorised for issue by the Board of Directors on
25 February 2022.

1 General information

Central Retail Corporation Public Company Limited, the “Company”, is incorporated in Thailand and
was listed on the Stock Exchange of Thailand. The Company’s registered office at 22 Soi Somkid,
Ploenchit Road, Kwang Lumpini, Khet Phathumvan, Bangkok, Thailand.

The Company’s major shareholders during the financial year were Harng Central Department Store
Company Limited (35.06% shareholding). The Company was incorporated in Thailand.

The principal activities of the Group are the operation of a multi format retailing business.

Details of the Group’s subsidiaries as at 31 December are as follows:

Name of the entity Type of business Country of 2021 2020
incorporation Ownership interest
(%)
Capital C Limited Investing Thailand 99.99 99.99
Cenergy Innovation Co., Ltd. Computer system Thailand 99.99 99.99
development
Central Department Store Limited Department store Thailand 99.99 99.99
Central Global Service Joint Stock Dormant company Vietnam 99.99 99.99
Company
Central Group Online Limited E-Commerce Thailand 99.99 99.99
Central Marketing Group Co., Ltd. Investing Thailand 99.99 99.99
Central US Trading Ltd. Trademark service United States 100.00 100.00
of America
CRC Holland B.V. Investing Netherlands 100.00 100.00
CRC Thai Watsadu Co., Ltd. Retail Thailand 99.99 99.99
Hillborough Group Ltd. Investing Belize 100.00 100.00
Mass Concept Company Limited Investing Thailand 99.99 99.99
PBHD Co., Ltd. Investing Thailand 99.99 99.99
Subsidiaries under “Robinson
Public Company Limited”
Robinson Public Company Limited Department store Thailand 98.39 98.39
CR Chantaburi (Thailand) Co., Ltd. Department store Thailand 63.95 63.95
CR Chiang Mai (Thailand) Co., Ltd. Department store Thailand 88.55 88.55
CR Had Yai (Thailand) Co., Ltd. Department store Thailand 98.39 98.39
CR Nakorn Sri Thammarat Department store Thailand 49.19 49.19
(Thailand) Co., Ltd.
CR Phuket (Thailand) Co., Ltd. Department store Thailand 49.19 49.19
CR Rajchaburi (Thailand) Co., Ltd. Department store Thailand 98.39 98.39
CR (Thailand) Co., Ltd. Investing Thailand 98.39 98.39
CR Udorn Thani (Thailand) Co., Ltd. Department store Thailand 98.77 98.77
RBS E-commerce Limited E-Commerce Thailand 98.36 98.36
Robinson Department Store Department store Vietnam 98.39 98.39
(Vietnam) Joint Stock Company
Robinson Nakarin Co., Ltd. Dormant company Thailand 98.25 98.25
Robinson Ratchada Co., Ltd. Dormant company Thailand 98.19 98.19
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408 Annual Report 2021 (Form 56-1 One-Report)