and recognized effect from loss of control in the consolidated statement of comprehensive income amounted 7,113 million Baht for the year ended December 31,2017. Subsequently, on April 2018, the Company
bonds (US$ currency, SGX listed, 2% p.a. coupon) worth US$180mn to institutional investors. Performance Summary Consolidated Statement of Comprehensive Income Revenues 584 1,028 1,064 4% 82% 1,813 3,294
recognized upfront 50-year lease payments. Performance Summary Consolidated Statement of Comprehensive Income Revenues 1,421 1,064 2,564 141% 80% 3,233 5,858 81% - Residential 1,017 625 501 (20%) (51%) 1,563
and the Diplomat 39 which is a project purchased for sale • Net debt to Equity ratio2 as of 31 March 2019 equals 0.84 times Changes in accounting policy and reclassification in 1Q/19 During the three
2017 of 441 million Baht. The details are as follows: I Property Business: The Company is to record the revenue from sales of residential condominium units in the statement of comprehensive income when
residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the customers. MahaNakhon Project: The Company sold 4 residences of the
comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog
of THB 754 mn and net profit at THB 85 mn). The difference versus GLAND’s reported statement of comprehensive income mainly comes from the investment properties that the Company recorded at the time of
of THB 754 mn and net profit at THB 85 mn). The difference versus GLAND’s reported statement of comprehensive income mainly comes from the investment properties that the Company recorded at the time of
& accounting standards in 2020 by 1.25 Million, total comprehensive loss for the period of -2.63 Million and 3rd party dividends paid- out of a subsidiaries by 48.00 million baht. The equity of the company and