are booked at cost and depreciated with the straight-line basis over the life of the assets. The estimated fair value is THB 171,530 mn (THB 167,688 mn in December 2016), stated in the disclosure notes

financial discipline with its interest-bearing debt to total equity ratio not exceeding 1 time. Table 4: Financial Position (1)Investment Properties are booked at cost and depreciated with the straight-line

initial public offering at 2.19 million THB and tax written off expense at 4.44 million THB booked under this category. As a result, the administrative expenses are increased by 27.89% compared to 2016

volume booked during 1Q19 totaled Baht 8,355 million, declining 24.6% from 1Q18. The portion of hire purchase loan to total Bank loan portfolio stood at 45.7% with the portion of new cars to used cars at

more efficiently. Otego – the transit media operator in Indonesia, has started commercial sales of advertising on the MRT Jakarta through static media packages. This has been fully booked for all 13

revenue under the contract. Whereas they were booked under selling expenses when the transaction occurred. All comparisons of changes in this report are based on the adjusted accounting policy and

13.1% 14.6% -1.5% 12.3% 14.3% -2.0% In September 2018, the Company completed divestment of Interactive Communications – a subsidiary of the group - and booked gain on sales of investment of THB 12.3

installed capacity during November to December but depreciation expense of Phase 1B was already booked in this period, resulting into a loss during November to December as abovementioned. Profit attributable

efficiency in debt collection, expediting cases, and participating in the debt mediation project of the Legal Execution Department continuously. Moreover, the insurance broker business booked the income of 160

, as there was gain from business acquisition booked in Q4/2017. Management Discussion and Analysis of Business Operation for 1Q/2018 Bangchak Corporation Plc. I 7 Summary of the Company and its