assets was previously recognized at cost less accumulated depreciation would be restated as accounts receivable, i.e. financial assets, and valued at amortized cost. As a result, profit increased by Baht
follows: Assets Items that has significant changes Balance by Quarter Change Q1–21 Q4–20 Q1–21 VS Q4–20 (MB) (MB) % Cash and cash equivalent 194.2 204.5 (10.3) (5.0) Trade and other receivables 2,542.0
% due to the increased employee costs and the losses from impairment of financial assets ( receivables) in the Q1–2024 Income tax expenses Income tax expenses in Q1–2024 decreased from Q4–2023 in the
changes are described as follows: Assets Items that have significant changes Balance by Quarter Change Q3–24 Q4–23 Q3–24 VS Q4–23 (MB) (MB) % Contract assets 1,509.6 905.4 604.2 66.7 Inventories 592.0 720.5
amortization of intangible assets arising from the purchase of investments in associate companies and the result of associate companies’ delayed revenue recognition due to the delay in delivery of work
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