value is derived from this method of calculation, whereby the calculation is based on the Company’s reviewed consolidated financial statements as of 30 September 2017. When combining with the transaction

partly from the change due to TFRS 9 interest income calculation based on effective interest method. Yield on loan for 3Q20 increased slightly to 7.1% from 7.0% yoy. Interest expense totaled Baht 1,175

the profit for the year 2018 which derived from the Company and its subsidiary amounted to Baht 88.8 million deductible with the provision of employee benefits which calculated by actuary method-net

opened on 1 September 2019. Nevertheless, the Company adopts equity method of accounting for Jupiter hotels totaling of 29 hotels with 3,115 keys; consequently, performance of Jupiter hotels will be

equity method of accounting for Jupiter hotels totaling of 29 hotels with 3,115 keys; consequently, performance of Jupiter hotels will be reported under share of gain/loss from investment in joint ventures

Million Baht, accounting for 58.60% from previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract

Method The Company shall pay the Purchase Price to the Seller at the Completion Date in cash. 7. Basis Used to Determine the Value of Consideration The value of consideration is derived from negotiations

approach. The Company chooses to use the value measurement by cost approach because this is the new project and under the construction. Therefore the cost approach is appropriate method to be applied because

with the other asset disposal transactions occurring during the past six months prior to the date of the transaction (by applying the same calculation method under the first calculation basis i.e. the

during the past six months prior to the date of the transaction (by applying the same calculation method under the first calculation basis i.e. the Net Tangible Asset Basis, with the details as follows: (1