- 34 - Investments in associates as at December 31, 2021 and 2020, and dividend income for the years ended December 31, 2021 and 2020 were as follows: Unit : Million Baht Consolidated financial statements Ownership Interest (%) Paid-up capital Cost Equity method Impairment Equity method - net Dividend income 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 Direct associates Global Power Synergy Plc. - 23 - 28,197 - 22,753 - 23,378 - - - 23,378 641 833 Kuraray GC Advanced Materials Co., Ltd. 33 33 5,321 4,203 1,777 1,404 1,714 1,336 - - 1,714 1,336 - - PTT Energy Solutions Co., Ltd. 20 20 150 150 30 30 38 48 - - 38 48 - - PTT Digital Solutions Co., Ltd. 40 40 150 150 60 60 1,170 1,014 - - 1,170 1,014 52 38 Vinythai Plc. 25 25 7,111 7,111 3,297 3,297 7,259 5,761 - - 7,259 5,761 266 415 Eastern Fluid Transport Co., Ltd. 23 23 10 10 2 2 9 12 - - 9 12 12 8 5,166 27,546 10,190 31,549 - - 10,190 31,549 971 1,294 Indirect associates Thai Eastern Top Seeds Oil Co., Ltd. 30 30 222 222 67 67 - 9 - (9) - - - - S.P. Petpack Inter Group Co., Ltd. 25 25 200 200 50 50 39 40 - - 39 40 - - Dynachisso Thai Co., Ltd. 42 42 120 120 294 294 282 284 - - 282 284 5 - 411 411 321 333 - (9) 321 324 5 - Total investments in associates 5,577 27,957 10,511 31,882 - (9) 10,511 31,873 976 1,294 PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED AND SUBSIDIARIES FOR THE YEAR ENDED DECEMBER 31, 2021 NOTES TO THE FINANCIAL STATEMENTS PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED Form 56-1 One Report 2021 266
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