Bt960.8 million according to Labor Protection Laws as TAS no.19 on employee benefits. 2.3 Shareholders’ Equity As at March 31, 2018, total shareholders’ equity was of Bt7,896.0 million, increased from
of staff benefits, deposit of rental and service fee and other non-current liabilities. After Revision Please kindly be informed accordingly. Sincerely yours, Mr. Opas Sripayak Chief Executive Officer
employee benefits from issuances and offerings of warrants to purchase the Company’s ordinary shares to directors and employees No.1 (“ESOP-Warrant-1”) and No.2 (“ESOP-Warrant-2”) A QoQ comparison showed a
-tangible assets, lease hold, deferred tax assets, withholding tax and other non-current assets. Note 3 Comprising income from rental fee received in advance, estimation of staff benefits, deposit of rental
revenue. 6. Administrative expenses for the year 2018 decreased from year 2017 in amount of Baht 3.66 million or 4.75% as follows: 6 . 1 Employee benefits expense increased in amount of 7.93 million Baht
million baht for the nine- month period. A significant increase resulted from the new Labor Protection Act reflecting past cost related 19 ASIA’S BOUTIQUE AIRLINE to employee benefits in income statement
Company and its subsidiaries and allowance doubtful account increased by Baht 9 million and employee benefits for employees who have worked with the Company 20 years or more to receive compensation not less
, employee and management benefits, office rental, travel expenses, and professional fees. The increase in administrative expenses is mainly due to increase in allowance for impairment of power plant under
previous year. This is due to the increase in administrative expenses which are doubtful accounts and long-term employee benefits. Finance cost The financial cost for 2019 amounted to Baht 102 million, a
million from employee retirement benefits in Q1/2019. 5. Administrative Expenses* Unit: THB Million, % Administrative Expenses Percentage to Operating Revenue 1,145.0 1,195.8 2018 2019 9.8% 12.7% 11.5% 11.9