revenue recognition. The transaction does not affect the Company’s cash flow. • In 2Q20, The Company recognized receivable from financial lease amount THB 321 mn which recognized in investment income until
to the year of 1,586 Million Baht. This was due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of USD $700K from Japan perpetual license deal
of LED screens installation of THB 109mn, the recognition of billboard structure of THB 143mn as well as the recognition of COMASS’s assets after consolidated of THB 48mn and 2) the increase in the
mainly from the recognition of billboard structure of THB 147mn, an increase in work in process of LED screens installation of THB 127mn and the recognition of COMASS’s assets after consolidation of THB
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