creates or enhances an asset or work in progress that the customer controls as the asset is created or enhanced, and hence revenue is recognised over time by reference to the progress towards completing the

- the Company has started the transfer of the ESSE Asoke – our first luxury condominium project in December 2018. We can achieve the transfer progress of 29% of total units sold and expect to complete to

Market and Platinum Fashion Mall, Pratunam. Marketing activities are in progress to promote greater awareness and trial usage. 2) K-Cyber: We focused on maintaining the stability of the K-Cyber system

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...

. Inventories increased by 181.2 MB, representing a decrease of 67.4% due in Q1-2016 the company obtain new projects which were is still work in progress and not yet completed for delivery. Other current assets

increase of 65.6% due in Q2-2016 the company obtain new projects which were is still work in progress and not yet completed for delivery. -4- Other current assets decreased by 44.5 MB or 47.1%, due to an

evaluation of purchase price allocation (PPA) of business acquisition During the period, the Company has clarification of the progress of evaluation of purchase price allocation (PPA) of acquisition of NPP

522.24 million that has been already implemented with work progress equivalent to 17.36 %. In addition, in this captioned year, there were the additional adjustment to the estimated construction cost of

property, plant and equipment of Baht 535.22 million mostly was the construction in progress for Carnival Magic project resulted to cash and cash equivalents and temporary investment decreased of Baht 131.56

property, plant and equipment of Baht 950.08 million mostly was the construction in progress for Carnival Magic project. Temporary investment increased of Baht 48.44 million. Trade and other current