Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...
criterion. The combination of such transaction size and other transactions on the acquisition of assets occurring during 6-month period prior to the date on which the Board of Directors resolved to approve
capital, in combination with regular increases in reserves, the commercial banking system will continue to provide a cushion for NPL. Overall Picture of the Bank and its Subsidiaries Million Baht Item
combination (BGYSP) amount of Baht 276 million in Q3’2018 which would be amortised by Baht 12 million per annum along the PPA life. Share of Profit (Loss) of Associates and Joint Ventures • Share of profit from
% y-on-y in 2019 to Baht 289 million primarily attributable to gain from business combination (BGYSP) amount of Baht 276 million in Q3’2018 which would be amortised by Baht 12 million per annum along
thoroughly economic growth can spread to all sectors. However, given commercial banks’ relatively high capital base in combination with consistent increases in provisioning reserves, the commercial banking
possibility of integration Figure 3: Margins and Returns 6 into its existing businesses. The combination of a strong local company with recognized products and deep insights into the market with IVL’s global
decreased by -0.5% and -7.4% respectively; whereby in the case of Bangkok it was due to decreased OCC, while for Maldives it was a combination of decreased OCC and ARR. (1.2) Food Business Operational
changes in operating assets and liabilities 65 (16) +520% Net Cash flows from (used in) operating activities 203 309 -34% Cash received from business combination (307) 0 - Cash paid for investment in joint