Financial Reporting Standards (TFRS) no. 15 (TFRS 15), “Revenue from contracts with customers”, the Group has applied the first time on 1 January 2019 (initial application date). Revenue recognition of the
based on the reviewed financial statements as at September 30, 2019, the actual transaction amount will be the net value as stated in its latest financial statements at the date of the transaction. Upon
, comprising of selling expenses of 1,075 Million Baht, administrative expenses of 1,466.1 Million Baht and also other expenses of 12.6 Million Baht. PAGE INDEX Executive Summary Financial Summary 2017
financial reporting standards related to financial instruments (TFRS9) since 1 January 2020 and recognized gain or loss on forward contracts from the differences in fair value of the derivatives. Other income
implemented financial reporting standards related to financial instruments (TFRS9) since 1 January 2020 and recognized gain or loss on forward contracts from the differences in fair value of the derivatives
Thai Financial Reporting Standards 16 (TFRS 16). 2.2 Investments in joint ventures and associates increased by THB 134 million primarily due to share of profit from investment in joint ventures and
addition, they have to maintain prudent credit underwriting policy and be prepared for regulatory changes regarding the Basel III capital requirements and the International Financial Reporting Standards
of natural gas corresponding to the crude oil price in the world market, the new accounting standard (Thai Financial Reporting Standard) regarding the financial instruments (TFRS 9) and the lease
heightened competition from other financial institutions and non-bank players, KBank has focused on strengthening customer engagement through digital channels so as to reinforce our digital banking leadership
registered to be derivatives intermediaries; (6) a financial institution whose core business is under direct supervision of another regulatory agency and later obtained license to undertake securities business