unearned franchise revenue will be recognized as revenue over the 5-year period) and the increase in the provision for long- term employee benefits and the provision for decommissioning. (Note: Unearned
26.9 percent, mainly from personnel expenses. This was to prepare for an increase in provision due to compensation in lieu of notice in the case of retirement and dismissal of employees according to a
not included (the profit from the sale of unused land and provision for employee retirement benefits from 300 to 400 days), the Corporate Group had a net profit of Baht 172.41 million or an increase of
increase in trade accounts payable and other accounts payable of Baht 101.90 million, increase in provision for post-employment benefits obligation of Baht 4.97 million and increase in current income tax
, but there were increase in trade accounts payable and other accounts payable of Baht 106.18 million and increase in provision for post- employment benefits obligation of Baht 7.52 million. The Corporate
well as management discretion to increase additional provision (Management Overlay) above the amount calculated from the model. This will enable the Bank’s provisioning to effectively cope with this
, increasing +4.6%YoY due to increase in bad debt provision from NBTC credit term expansion policy, and –19%QoQ due to employee remuneration in 4Q19. Net FX loss was Bt422mn in 1Q20, turned negative, compared to
expense increased 6% YoY. As Marketing Business booked the an increase of provision for retirement benefits of THB 65 million, according to the Labor Protection Act that was revised on 5 April 2019. 5. The