in the establishment of overseas subsidiaries resulting in the increase of travel and other relevant expenses. Despite of the effect from the change of compensation rate prescribed by law, reversed
some branches did not cover their expenses including the effect of COVID-19 outbreak and the government’s declaration of an emergency situation in March 2020, the Company has to temporarily close some
as leases according to TAS 17 Leases, and depreciation expense during the period amounting of 40.37 Million Baht. Net effect of PPE was increased of 43.96 Million Baht from the last year. - Withholding
retrospective method of initial adoption of which the cumulative effect is recognized as an adjustment to the retained earnings as at 1 January 2020, and the comparative information was not restated in Note 2 to
million or 0.44% from end of 2019, mainly due to adopted TFRS9, TFRS 16 using the modified retrospective method of initial adoption of which the cumulative effect is recognized as an adjustment to the
benefits in form of the dividend from U-Tapao International Aviation Company Limited throughout the 50 years period. 8. Other Conditions that effect to the Shareholders None 9. Sources of Fund The Company
consolidated statement of financial position as at 31 December 2017 amounting to 6,487 million Baht and recognized effect from loss of control in subsidiaries in the consolidated statements of comprehensive
market value of UAPC’s shares. 3) The Company will have more funds from selling UAPC shares for working capital. 4) Dilution effect will be reduced because IPO offering price is higher than PP or RO; UAC
2018 due to slowdown in Thailand economy. Meanwhile, imports of Hot Rolled Steel increased by 2% to 4.04 MT due to strengthening of THB and the effect of termination of enforcement of Safeguard Measure
condition during the first half of 2016 effect to not much revenue from projects and major revenue from projects already done marketing recognized in the 3rd quarter of 2016 so that revenue in this segment