revenue from construction. As specified in the contract, the subsidiary shall transfer assets when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service
lives of building improvement and electrical system for leased building. The estimates were previously set based on the Revenue Code. These estimates were then revised to align with the lease contract
(Discounted Cash Flow) The estimates are subject to assumptions, which are summarized below. - Revenue recognition starting from the opportunity to be selected into the procurement contract The income that can
the procurement contract The income that can be used for discounting can be classified as follows: Project type contract budget (Million baht Opportunities1/ (Persent) Start recognizing revenue The
lowering the policy rate. According to the BOT’s Thailand economic outlook, the Thai economy is projected to contract by 5.3 percent in 2020 (under the key assumption that the Covid-19 outbreak in Thailand
86 Krung Thai Fixed Income FIF Enhanced86 Not for Retail Investors ) 1 3 filing (bond issuance program) 1.2 credit rating investment grade credit rating . . 1 3 filing (bond issuance program) ( 2.2 1
Bt33,822mn of cash CAPEX to enhance 4G capacity and increase fixed broadband last miles. Following the government’s announcement of tax incentive program, AIS recognized a YTD tax benefit in 3Q17 amounting
would have declined 4.1% YoY as a result of the continuing cost-efficiency program. • Other costs of service were Bt6,422mn increasing 3.3% YoY mainly due to the cost of content. SG&A expenses were