- 23 - Other non-current financial assets as at December 31 are as follow: Unit : Million Baht Consolidated financial statements Separate financial statements 2021 2020 2021 2020 Other non-current financial assets designated as at fair value through other comprehensive income 1,637 1,639 1,636 1,638 Other non-current financial assets measured at fair value through other comprehensive income 52 53 52 53 Total other non-current financial assets 1,689 1,692 1,688 1,691 12. INVESTMENTS IN SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES Movements of investments in subsidiaries, joint ventures and associates for the years ended December 31, are as follows: Unit : Million Baht Consolidated financial statements Separate financial statements 2021 2020 2021 2020 Opening net book amount 8,684 8,257 9,982 8,736 Increase in investment in joint ventures and an associate 1) 17 528 17 528 Increase in investment in a subsidiary 2) - - 109 - Reversal of impairment of investment in a subsidiary 3) - - - 718 Dividend received from a joint venture and an associates (118) (443) - - Share of profit on investments in joint ventures and associates 713 333 - - Share of other comprehensive (loss) income on investment in a joint venture and associates (2) 9 - - Closing net book amount 9,294 8,684 10,108 9,982 1) On July 20, 2020, the Extra Ordinary General Meeting of shareholders of WHA Industrial Estate Rayong Co., Ltd. (“WHAIER”) passed a resolution to increase the registered share capital from Baht 650 million to be Baht 710 million by issuing new 6 million ordinary shares at par value of Baht 10 each totaling Baht 60 million. WHAIER called for paid-up share capital of 25% and the Company paid the share capital increase for the investment in joint venture of Baht 6 million on July 30, 2020. On August 26, 2021, the Board of Directors’ meeting of WHAIER passed a resolution to approve the 2nd call for payment at 25% of the increased registered share capital from 650 million to be 710 million, totalling of Baht 15 million. The Company already paid additional paid-up share capital for the investment in joint venture of Baht 6 million on October 29, 2021. During 1st quarter 2020, IRPC Clean Power Co., Ltd., which is an associate of the Company, called for the additional paid-up at Baht 0.83 per share. The Company paid for additional paid-up share capital at the same proportion of investment of Baht 137 million. On June 2, 2020, the Annual General Meeting of shareholders of IRPC Polyol Co., Ltd. passed a resolution to increase the registered share capital from Baht 300 million to be Baht 370 million by issuing new 0.7 million ordinary shares at par value of Baht 100 each totaling Baht 70 million. The Company paid the share capital increase for the investment in joint venture of Baht 35 million on July 9, 2020. 325 NOTES TO THE FINANCIAL STATEMENTS IRPC PUBLIC COMPANY LIMITED
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