income. 2. Impairment of financial assets TFRS 9 requires entities to estimate impairment as a result of expected credit losses instead of recognising losses when they occur under the former accounting
disposition of assets, which requires approval from the shareholders’ meeting with votes of not less than three-fourth of total number of the shareholders attending the meeting and having voting rights
opportunity and obstacles in operating businesses of the Company so it requires the improvement and development of its competency beyond both domestic competitors and those in ASEAN region. Thus you have been
considered as a normal level for the business at the beginning stage launching new products into the market which requires high spending. 4. Financial Position of the Company and its Subsidiaries (Unit: Baht
in retail requires repositioning for stronger E-commerce business as people shop more online. Rising rent per square feet can affect the Company’s ability to secure best locations and generate higher
supplies, vehicles and computer equipment because the main company business is system integration and requires no big fixed asset items. 2.2 Sources of Fund Liabilities The Company reports its liabilities at
capital in order to achieve the target backlogs. The backlog securing of company, however, depends on the result of bidding process and the facilities support from financial institution which requires the
bidding process and the facilities support from financial institution which requires the proceeds of total THB 80-100 mn 3.) To invest in the Central Wastewater Treatment Plant and Collecting System of the
requires high spending. Page 5 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 30 September 2017 31 December 2016 % Change Cash and cash equivalents 37 92 -60% Trade