months of 2019 and the year 2020-2024, using NEXT’s internal financial statement for the period ended 31 July 2019. The valuation based on the Discounted Cash Flow approach which considered to be the most

considered alternatives to net profit (loss) or any other performance measure or as an alternative to cash flow from operating activities. Since there are various calculation methods, its presentation may not

, under TFRS, and should not be considered alternatives to net profit (loss) or any other performance measure or as an alternative to cash flow from operating activities. Since there are various calculation

Financial Reporting Standard No. 9: Financial Instruments (TFRS 9), the bank has considered the expected credit losses according to TFRS 9 and notification of the Bank of Thailand. In the third quarter of

accordance with Thai Financial Reporting Standard No. 9 Financial Instruments (TFRS9), the bank has considered the expected credit losses in accordance with TFRS9 and notification of the Bank of Thailand. LH

estimating the provision for credit loss. Meanwhile, the Bank has considered additional potential factors from the Covid-19 pandemic affecting the Thai and global economy. The uncontrollable pandemic and the

take into account any fact related to the behaviors or actions of the auditor on a case-by-case basis. In this regard, the factors to be considered shall include: (1) involvement and significance of

of subscribing new shares of OKEA AS in the amount of NOK 939 million (approximately THB 3,618 million). OKEA AS is considered as an associated company to Bangchak. This investment is in the form of a

E_1 Legal_FA_2015_12_29-c A CCoorrppLL44..11hhiigg A Executive Summary Management Discussion and Analysis For the Quarter Ended June 30, 2017 The global economy in the second quarter of 2017 maintained its growth momentum. Similarly, Thailand’s major economic indicators continued to exhibit growth, as evidenced by brighter exports, government spending and private spending on certain items of durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the...

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened amid high household debt, whereas public investment and the government’s budget disbursement were aff...