(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER
(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE AUDITED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR ENDED 31 DECEMBER
143 mn). The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that CPN recorded at the time of acquisition of GLAND, which reflected the fair
calculated as per the Company’s consolidated financial statement ended 31 December 2018. However, the Board of Directors has considered that the investment cost is a part of the same project that has been
assets or services, whose transaction size calculated from the maximum value of the transaction is 35.22 percent of net tangible assets of the Company, based on the consolidated financial statement of the
enhance the trustworthiness as well as increase confidence to business partners, investors, and distributors for future business expansion. 4.3 As the Company will be the sole operator for undertaking the
firms to measure fair values of investments in these 2 subsidiaries amount to 6,487 million Baht and recorded such investments in the consolidated statement of financial positions as at December 31, 2017
transaction size of the list above, the maximum value of the transaction is 103.44% based on the net tangible asset value according to the financial statement which shows in which the equity method is applied