ventures both in Thailand and overseas. Capitalization period for capitalized interest on investment in buildings, plants, and machinery ceases when the asset is ready for use (interest expense incurred
interest and taxes (EBIT) based on NEXT’s operating performance reported in the audited financial statements for the year ended December 31, 2 0 2 0 (the “Financial Statement”), and the amount shall not
earnings before interest and taxes (EBIT) based on NEXT’s operating performance reported in the audited financial statements for the year ended December 31, 2 0 2 0 (the “Financial Statement”), and the
established under a specific law as a financial institution under the law on interest on loan of the financial institutions. "Exchange" means the Stock Exchange of Thailand. 3 "terms and conditions" means
from Q1/2020 due to higher electricity dispatch corresponding higher water level and rainy season approaching and lower financing costs from lower interest rate. Nava Nakorn Electricity Generating Co
interest of the business and all shareholders. Such descriptions should enhance investors’ understanding of the overall business operation the Company or the group of companies. 2. Nature of business In case
outsourced function; (3) specify measures for preventing conflicts of interest related to outsourcing the function related to business operation to a third party; (4) specify measures for supervising the
shareholders attending the meeting and entitled to vote, excluding shareholders with conflict of interest. Further, the Company shall appoint an independent financial consultant to render an opinion regarding
contributed from McKey. Financial Costs Financial costs of the group include the interest paid to financial institutions and related persons. The Company’s financial costs in 2Q2020 were THB 23.59 million