grew by THB 122.6mn or 200.2% when compared to the same period last year. The increase was predominantly from the consolidation of the hotel business in Europe. 6) A net reversal of impairment of assets

to increase income by providing services to projects developed by other property developers. The business growth target in 2019 is thus set at 10 - 15%. The gross main income of the Company and

Company Limited (SAFE) as the joint venture of the Company arranged the measurement of fair values of identifiable assets and liabilities at the acquisition date of three subsidiaries of such joint venture

2017. The increased mainly came from loss on disposals of fixed assets in the amount of 1.35 million baht. While other administrative expenses such as depreciation expenses of 2nd Factory is lower in

company and its subsidiaries, mostly in Infrastructure Funds (IFF) at 86.57 %, Property Funds (PF) at 3.99% and REITs at 9.45%. The objective of investments was to receive consistent dividend and high

% -6.00 -100.00% Property, plant and equipment 812.97 47.78% 801.24 50.88% 11.73 1.46% Goodwill 107.87 6.34% 107.87 6.85% 0.00 0.00% Intangible assets 45.01 2.65% 28.48 1.81% 16.53 58.04% Other non-current

Property depreciation Rental and service fees Therefore, the return on assets and the return on equity of the group of companies is not good compared to the previous year. 6.3 Financial policy ratios The

for obsolete and decline in value of inventories of THB 5.99 million. Decrease in property, plant, and equipment for THB 444.48 million, mainly due to reclassifying PPE to right–of-use assets under TFRS

) Property, plant, and equipment 172.74 153.86 (18.88) (10.93) Right-of-use assets 0.00 14.94 14.94 - Other non-current assets 4.83 2.49 (2.34) (48.45) Total Liabilities 84.16 100.28 16.12 19.15 Short-term

Complex, amounted to Bt1,530mn, upon a transfer of office space at Singha Complex to an anchor tenant in December, as mentioned previously. Residential and commercial property businesses were the Company’s