changes are described as follows: Assets Items that have significant changes Balance by Quarter Change Q3–24 Q4–23 Q3–24 VS Q4–23 (MB) (MB) % Contract assets 1,509.6 905.4 604.2 66.7 Inventories 592.0 720.5
adoption of a pack of Thai Financial Reporting Standards in relation to financial instruments will be recognized in retained earnings and other reserves as at January 1, 2020. Accordingly, the information
following the Bank of Thailand’s requirements and evaluate the profile of debtors based on the bank’s historical data. The bank has set aside of reserves for bad debts, doubtful accounts and impairment loss
reserves and financial investments were THB 8.7 billion at 31st December 2019 similar to THB 8.7 billion at 31st December 2018 . reviewQ419.xlsx MD&A 2019 24/02/2020 Asset Quality Accounts Receivable Most of
the annual general meeting in April and paid out in May. Financial Status The group currently has no interest bearing debt. Cash reserves and financial investments at the 31st December, 2017 were THB
able to collect long-outstanding account receivables, resulting in a reversal of reserves for doubtful debt for period of THB (0.08) million Administrative expense for the first quarter of 2018 consists
projection late last year. The ratio of non- performing loan (NPL) to total loans was 4.1 percent. The ratio of loan loss reserves to NPL was 170.5 percent. The Bank continues to work closely side by side and
: million baht Detail 31st March 2018 31st December 2017 diff % Total assets 12,765 10,899 1,866 17.1% Trade and other receivable 192 277 (85) -30.8% Inventories 309 240 69 28.9% Other current assets 33 31.3
Mn respectively an increase of THB 138.4 Mn or 9.5%. The assets increased mainly from (1) inventories linked to business expansion and (2) property, plant and equipment which expanded due to increased