transferred the total payment of approximately 2.95 million baht into the accounts of Mr. Niwat Maenim, Mr. Sutin Promthong and North Environment Co., Ltd. (NE). NE is deemed under control of Mr. Bhusana and Mr

Total other income (3) 10.59 8.47 2.12 25.03 Administrative expenses 75.51 76.74 (1.23) 1.59 Bad debt and doubtful accounts (reversal) 16.17 (2.27) 18.44 (812.33) Total expenses (4) 91.68 74.47 17.21

(3.85) Remunerations for directors and management (8,809) (11,841) (3,032) 25.61 Reversal of allowance for doubtful accounts 2,153 6,167 (4,014) (65.09) Gain (loss) on exchange rate 5,097 (3,621) (8,718

Baht 96.16 million from first-time adoption of TFRS 16 Leases. For trade accounts receivable, the Company set up additional allowance for doubtful accounts of Baht 9.25 million from first-time adoption

789 11.7% Asset Quality Accounts Receivable 93,894 89,771 (4.4%) NPL 6.2% 5.9% - Allowance to Accounts Receivable 10.1% 8.9% - Highlights Ratios D/E (Times) 2.9 2.6 - BVPS (Baht) 94.8 100.5 - ROE 12.6

accounts without proper scrutiny of their financial potential through Know Your Customer (KYC) and Customer Due Diligence (CDD) processes. The allocation of TIGER shares, with supporting promotional

deceive the company into transferring money to his and other persons? banking accounts as well as embezzling the company?s securities and money obtained from selling NIPPON?s investment units at the total

buying and selling such shares. Sippakorn helped to provide three trading accounts for submission of trading orders while Rinnapa allowed trading orders to be submitted through her account. Such

% because of Baht strength, allowance for doubtful accounts increased 37.71% and allowance for diminution in value of inventories (reversal) increased 46.68% compared to the same period of previous year

. The decrease was mainly from trade accounts receivable, unbilled receivables and inventories. The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 31