numbers are not restated by quarters with change in new accounting policy as not material. Though yearly numbers are restated. Note: Segments total may not match to IVL due to holdings segment, except
retrospective method of initial adoption of which the cumulative effect is recognized as an adjustment to the retained earnings as at 1 January 2020, and the comparative information was not restated in Note 2 to
assets was previously recognized at cost less accumulated depreciation would be restated as accounts receivable, i.e. financial assets, and valued at amortized cost. As a result, profit increased by Baht
retained earnings as at 1 January 2020, and the comparative information was not restated amount Baht 13 million and operating profit increased amount Baht 7.37 million. 5 Cash Flow Statement Analysis Unit
measurement of financial assets and financial liabilities, impairment of financial assets and general hedge accounting as well as leases standard (TFRS 16). However, the Company has not restated the comparative
elimination 7/ The financial statement for Q1/2019 was restated due to adjustment of fair value for investment in the geothermal power plant in Indonesia. As for Q1/2019 performance, Bangchak Corporation Plc
segment includes OEM, healthcare, confectionary and others. Q1’18 numbers have been restated accordingly. Osotspa Public Company Limited Q1’19 Management Discussion & Analysis 14 May 2019 Q1’19 Management
Business1 1 Europe, Middle East and Africa Figure 6: Asia Business Note: Holding companies earnings are allocated to all regions and all historical are restated accordingly 477 504 160 193 637 697 20.0% 15.7