three accounting years, or any financial statements or consolidated financial statements of the income guarantor, as available at the time, in case of a juristic person established less than three years

8 บริษัท จี สตีล จํากัด (มหาชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2020 1. Operating Result Highlights 2. Changes in Accounting Estimates In

) 14,986 19,891 Unit: million Baht 30 June 2020 31 December 2019 Fi na nc ia l St at us Total Liabilities 2,406 2,194 Total Asset 15,195 15,488 Total Equity 12,789 13,294 2. Changes in Accounting Estimates

1.41mn expenses from the adoption of new accounting standard, and the lower financial costs, the Company’s net profit was Bt127mn, decreasing 15.4% YoY. As at the end of 1Q2020, the total number of

shareholding in TSE had decreased from 20% to 10% of the paid-up capital of TSE. However, under the Company’s financial statements, the accounting method used for recognizing share of profit from investment in

. And from the adoption of the financial reporting standards regarding Financial tools for accounting, hedging and derivative accounting with the amount of 4.62 million baht and allowance for loss of

operating results of each product line have already been disclosed in full in the note to the financial statements in accordance with the accounting standards on disclosure of financial information as

the Federation of Accounting Professions (TFAC) and announced in the Royal Gazette, applying to financial statements of the periods beginning on or after January 1, 2020. The significant changes in

expressed its interest in providing the assistance for the debt restructuring of the Company and started conducting legal, accounting and financial due diligence. SSG Group found that the due diligence

ทำงบการเงินให้เป็นไปตามมาตรฐานการบัญชีของ International Accounting Standards Committee หรือ American Institution of Certified Public Accountants หรือ Financial Accounting Standards Board โดยงบการเงิน