E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2019 Thai economic activity in the third quarter of 2019 continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same period last year, especially in the tourism sector. However, exports and private investment – two major e...
), whereas the previous basis of impairment include past experience and current events only (Incurred Lo ss). Hedge accounting, such as reporting hedging transactions, which currently are not recognized by
operation. Meanwhile, KBank ensures that policies, processes and systems for controlling, monitoring and reporting risks, capital and liquidity are in place whereas segregation of duties and reporting lines
properties: GLAND adopted the fair value model, thus records the gain on fair value adjustment of investment properties, whereas CPN adopted the cost model. As both models are accepted in the Thai Financial
line with the continued economic slowdown, whereas overall consumer loan continued to grow at a high rate despite a slower growth in mortgage lending and auto loan, personal loan and credit card expanded
business segment) transactions (2) Core EBITDA is Consolidated EBITDA less In- ventory gain/(loss) whereas Core EPS is Reported EPS less Inventory gain/(loss) and onetime extraordinary items. Segments total
recovery whereas non-durable and semi-durable goods namely food and apparels still contracted, pointing to a still weak grass-root economy. Private investment also showed signs of recovery that is consistent
(or intra business segment) transactions (2) Core EBITDA is Consolidated EBITDA less In- ventory gain/(loss) whereas Core EPS is Reported EPS less Inventory gain/(loss) and onetime extraordinary items