1,536 Million Baht and long-term loans to related party of 2,418 Million Baht which was mainly from fund flow of Apollo’s deal, real estate projects for sales under development of 12,582 Million Baht
of 6,711 Million Baht, cash and cash equivalent of 1,536 Million Baht and long-term loans to related party of 2,418 Million Baht which was mainly from fund flow of Apollo’s deal, real estate projects
current assets increased by 19.7 MB or representing an increase of 10.5%, mainly due to the gradual recognition of advance maintenance expenses that those covers the service periods within 1 year, which
to obtain a customer contract shall be recorded as an asset and amortized to expenses on a basis that is consistent with the pattern of revenue recognition. Under the previous accounting policy, the
has commenced commercial operations and recognition of benefit as per the Power Purchase Agreement. 70 percent of the generated electricity is sold to Alinta Energy, the power purchaser under the PPA
period of last year. These increasing revenue resulted from revenue recognition by percentage of completion of projects on hand (Backlog) which were hired on 2017 until 30 June 2019. As at 30 June 2019
290mn, a significant increase of 53.1% YoY. The strong performance was mainly driven by the full-year consolidation of Comass, which was started in July 2017 and the revenue recognition of CBD LED Network
was why the company had to have an extra expense. 2.3 The company had a big project which had a revenue recognition in the nine months of year 2018 lower than those in the nine months of year 2017
2018 with net loss of 1,102 million Baht as a result of disposal of asset a total of 422 million Baht. While no further revenue recognition from the property development business were presence in the
Financial Reporting Standards (TFRS) no. 15 (TFRS 15), “Revenue from contracts with customers”, the Group has applied the first time on 1 January 2019 (initial application date). Revenue recognition of the