financial statements in accordance with Thai Financial Reporting of Thailand (TFRS) which is adjusted to conform to International Financial Reporting Standards (IFRS). All financial information to be

presented financial statements in accordance with the Thai Financial Reporting of Thailand (TFRS) which is adjusted to conform to International Financial Reporting Standards (IFRS). All financial information

Mn % Gain on forward contracts 11.2 49.5 (38.3) (77.4) Change The Group has adopted financial reporting standards related to financial instruments (TFRS9) since 1 January 2020 and recognized gain (loss

long-outstanding receivables has recorded in accordance with the Financial Reporting Standard No. 9 Financial Instruments (TFRS 9) and also the employee-related expenses have increased. -3- Financial

credit losses (allowance for doubtful accounts) for long-accrued receivables was recorded in accordance with Thai Financial Reporting Standard No. 9 Financial Instruments, approximately 45.6 million baht

2020/21 ENDED JUNE 2020 11 AUG 2020 MASTER AD PUBLIC COMPANY LIMITED 4 FINANCIAL POSITION From 1 January 2020, the Company has adopted Thai Financial Reporting Standards (TFRS) 9 – Financial Instruments

share (Baht) 0.03 0.06 (0.03) * According to the adoption of Thai Financial Reporting Standard No.9 Financial Instruments since January 1, 2020, the Company reclassified loan from financial institution

Equity holders of the Company 822 937 -12.3 1,482 4,913 -69.8 Basic earnings per share (Baht) 0.05 0.06 0.10 0.32 * According to the adoption of Thai Financial Reporting Standard No.9 Financial Instruments

THB mm • Write off investment in Skoop and The Alley, Chiang Mai Branch 1.5 THB mm • Effect of compliance the Thai financial reporting standards, No. 9 and No. 16 costs by 0.5 THB mm. For the three

from adopting new Thai Financial Reporting Standards (TFRS), TFRS No.9: Financial Instruments and TFRS No.16: Leases, in the current period financial statement by adjustment in brought- forward retained