Page 460 - 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

(b) Geographical segments
In presenting information on the basis of geographical segments, segment revenue is based on the
geographical location of customers. Segment assets are based on the geographical location of the assets.

Consolidated financial statements
Geographical information Revenues Non-current assets
2021 2020 2021 2020
(in million Baht)
Thailand 131,112 129,960 112,519 106,586

Italy 11,154 8,616 29,724 30,406

Vietnam 39,724 41,575 30,626 24,667

Other countries 22 99 14,882 9,313

Investments in associates and joint ventures - - 5,559 1,031

Total 182,012 180,250 193,310 172,003

(c) Major customer
For the years 2021 and 2020, the Group had no customers with revenue greater than 10% of the Group’s
revenues.

27 Other income

Consolidated Separate
financial statements financial statements
2021 2020 2021 2020
(in million Baht)

Promotional and advertising income 7,595 7,216 199 97
Logistic and distribution income 2,459 2,560 - -

Net gain on foreign exchange - 659 - 24
Utilities income 421 483 - -
Royalty income 300 302 304 291
Income sharing 272 206 - -
Management fee income 146 259 - -

Others 2,448 2,377 41 31

Total 13,641 14,062 544 443

28 Selling expenses

Consolidated
financial statements
2021 2020
(in million Baht)
Depreciation 15,094 14,716
Employee benefit 13,127 12,756
Utilities 3,925 4,101
Marketing and promotion 3,316 3,418
Rental and service expense 95 785
Others 4,806 4,738
Total 40,363 40,514

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