delays in budget disbursement, while external factors such as global conflicts affecting oil prices and the purchasing power of our trade partners have also exerted significant influence. Additionally, the

investments in associates of THB 20mn. Trade and other receivables were THB 826mn, a decrease of 14.7% or THB 142mn from THB 968mn as of 3 1 December 2018. The Company gives 90 days credit terms to customers

13.3% Trade & other receivables 345 17.2% 261 12.9% Building and equipment 471 23.4% 508 25.1% Goodwill and Intangible assets 710 35.3% 710 35.1% Other assets 282 14.0% 275 13.6% Total assets 2,011 100.0

losses as financial assets. The Company will measure fair value of all derivatives and recognised in profit and loss statement, while the credit losses is to consider as impairment of trade receivables

increase in trade receivable and other receivable by Baht 103 million, and property, plant and equipment, and intangible assets increased by Baht 244 million. Moreover, the Company acquired share capital

1,139.78 1,300.01 1,163.97 (Reversal Of) Expected Credit Losses 5,200.83 4,094.63 1,676.43 1,245.49 Net Income before Tax 7,796.93 6,486.85 7,297.22 7,387.11 Net Profit : Owners Of The Parent 6,318.05

slowed down. In addition, Thai economy still faces external risk such as trade war between US and China and global economic uncertainty. As of August 31, 2019, the Company’s total cards reached 8.75

% of total assets. Trade Receivables At the end of 2016 and of Q3/2017, the Company reports net trade receivables 229 . 0 0 million THB and 183.37 million THB or equal to 47.71% and 23.17% of total

ratio in this quarter stood at 49.31 percent. KBank also set aside a higher expected credit loss of Baht 3,047 million compared to the preceding quarter, with prudent consideration of factors in line with

was because of Trans.Ad group’s consolidation, where some of its customers are government agencies that have credit terms of not less than 90 days. AGEING OF TRADE RECEIVABLES (THB mn) 31 MARCH 2018