generally accepted accounting standards. (4) Liquidity and Capital Sufficiency The Corporate Group has appropriate capital management, having prepared operating cash flows statements every day to acknowledge
Analysis for the year 2019 4 Accounting Standard. Other income which consisted of dividend income, consequently increased in the year 2019, in accordance with a decrease in share of profit from investments
%) Note: (1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 EBITDA (MB) 1H/2016 1H/2017 Increased
services income, financial position, operating results, and cash flows at present. Further is expected to do so in the future. However, the management has continuously monitored the ongoing developments and
adopted Thai Financial Reporting Standards (TFRS) 15, Revenue from Contracts with Customers. The standard affects the accounting of handset campaigns which are contracted with price plans. Prior to 2019
liabilities stood at THB 7,174.9mn • Debt to Equity ratio stood at 1.04 times as of 31 December 2019, decreased from 1.14 times as at end of 2018 Change in accounting policies and reclassification in 2019
& Trading Business Group 11 Marketing Business Group 13 Power Plant Business Group 14 Bio-Based Products Business Group 16 Natural Resources Business Group 18 Statement of Financial Position 20 Cash Flows
expenses in the income statement in accordance to accounting standard, resulting to the increase of interest expense from the same quarter of the previous year. (Translation) Bangkok Expressway and Metro
to lower contribution from GHECO-One. • Financial costs decreased by 16.4% or THB 193.0 mm, compared to the same period of last year, due to accounting impact of early redemption of bond and lower
several financial institutions. GFPT Group has adopted the new financial reporting standards which are effective in 2020 by the Federation of Accounting Professions that have been adopted for the first-time