income tax liabilities declined of 53.51 Million Baht, more estimated employee benefits of 8.91 Million Baht, more income awaiting for recognition of 25.96 Million Baht and apart from this Ua Withya Public
plot on Ploenchit road which the Company was handed over the land plot and registered the leasehold right with the Land Department in April 2018. Apart from that, there was an increase in land awaiting
projects that are awaiting revenue recognition in the fourth quarter of 2019, namely Condominium projects under the brand Newera, which are developed and almost completed. It is expected to transfer rooms to
awaiting launch in the second half of the year, consisting of 4 condominiums and 8 housing projects, with a total value approximately 16,700 million baht. There are 12 projects, which the total project value
the first half year. The Group have 12 projects awaiting for transferred activities in the second half of the year which the total project value over 17,100 million baht including 2 joint venture
and buildings awaiting development -Long-term loans from financial institutions due within one year -Obligations under finance leases current portion due within one year 50,000 75,746 21,984 17,528 338
, land, and project awaiting development. CASH FLOW As of December 2019, cash and cash equivalents was THB 2,767mn, decreasing 1% from THB 2,797mn at the beginning of the period. In 2019, Cash generated
) increase in land and project awaiting for development from the acquisition of a new subsidiary, Prime Area 12 Company Limited (“PA12”) (formerly known as “BTS Sansiri Holding Fifteen Limited”), and (iii) the
business sectors remained cautious in investment spending awaiting clarity on the political situation and ongoing geopolitical concerns that impact the global economy. The mobile industry demonstrated signs