Page 451 - CRC_One Report 2021_EN
P. 451

Business Overview and Performance     Corporate Governance     Financial Statements    Enclosure





                          The estimated recoverable amount of the CGU exceeded its carrying amount by approximately Euro 422 million (2020: Euro 239 million) for la Rinascente
                               and  Technology Development  Investment Joint Stock Company  and  its  subsidiaries,  and  Baht  10,901 million for  COL Public Company Limited  and its
                                    amount. The following table shows the amount by which an assumption would need to change individually for the estimated recoverable amount to be equal to
                            S.p.A., VND 61,556 billion (2020: VND 52,193 billion) for Quinam B.V. and its subsidiaries, VND 1,240 billion (2020: VND 183 billion) for NKT New Solution
                                 subsidiaries. Management has identified that a reasonably possible change in a key assumption could cause the carrying amount to exceed the recoverable
                                                COL Public Company   Limited and its   subsidiaries   2020      -      6.87









                                                        2021      2020    0.11





                                           Consolidated financial statements    Consolidated    NKT New Solution and  financial statements                         Technology Development   2020      2021   Investment Joint Stock  Quinam B.V. and its llion Baht)   (in mi Company and its subsidiaries               2021   -         2020   (%)    20      0.61   4.81



                                    None of the Group’s and the Company’s associates and joint ventures are publicly listed and consequently they
                      All associates were incorporated and mainly operate in Thailand, except for COL Vietnam Joint Stock Company
                             All joint ventures were incorporated and mainly operate in Thailand, except for Morningbliss SDN. BHD and
                               Porto Worldwide Limited which were incorporated and mainly operates in Malaysia and Hong Kong, respectively.
            Central Retail Corporation Public Company Limited and its Subsidiaries

               Central Retail Corporation Public Company Limited and its Subsidiaries







                                                      subsidiaries         4,452      2021      70      4.78         61



                                                           2020       5.80
                                                     la Rinascente S.p.A.        2021   ease in share capital in MUJI Retail (Thailand) Co., Ltd.   4.29  In December 2021, the Group acquired 133,545,740 shares, equivalent to 67% of share capital of Porto  Worldwide Limited incorporated in Hong Kong for a consideration of Baht 4,452 million from a related  party, which became a joint venture between the Group and Central Pattana Public Company Limited  (CPN). The purpose o













               Notes to the financial statements  For the year ended 31 December 2021  Notes to the financial statements     For the year ended 31 December 2021     which was incorporated and mainly operates in Vietnam.          do not have published price quotations.  the carrying amount.               Material movements      for the year ended 31 December   Joint ventures  Acquisition share capital in Porto Worldwide Limited      Incr  Discount rate     Investments in j
                                                                                                within the specified period.
                                                                                                     Increase in share capital
   446   447   448   449   450   451   452   453   454   455   456