score among six ASEAN countries in ASEAN Scorecard 2013/2014. Moreover, the SEC has put a lot of efforts to uplift audit quality which has gain international recognition. This has been evidenced by

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Baht, mainly due to the recognition value of joint venture of the Apollo’s deal and realized gain from the re-measurement of the remaining investment at fair values. Appropriateness of the Funding

differentiation strategy, especially the Green Apple flavored energy drinks under Carabao trademark, which are getting more recognition from customers. Nevertheless, ICUK does realize the dynamics and competitive

recognition value of joint venture of the Apollo’s deal and realized gain from the re-measurement of the remaining investment at fair values. Appropriateness of the Funding Structure At the end of the year 2016

expenses from the aforementioned EBT of UE. Reported share of loss from associates/JVs was THB 25mn, compared to a share of profit of THB 3mn in the same period of the previous year. The recognition of a

follows:  Domestic Branded Business sales decreased 17% YoY.  Export Branded Business sales increased 24% YoY, mainly due to sales increase from fruit juice and milk products, and sales recognition from

-Café 2 • Catering services such as parties, wedding receptions, restaurants or any events • Pop-up store sales in various locations Catering / Pop-up 3 1 Franchise Fee Income 4 • Revenue recognition of

• Revenue recognition of initial franchise fee and other fees including royalty fee from “After You” franchise in Hongkong and “Mikka” brand Catering, Events A N D P O P - U P Franchise F E E I N C O M E

’ demand • Online sales products and Head office pick up • Catering services such as parties, wedding receptions, restaurants or any events • Pop-up store sales in various locations • Revenue recognition of