adjusted an additional loss due to the allowance for impairment of credit loss expected to occur in the amount of Baht 22 million resulting in a decrease in shareholders’ equity. Yours sincerely, General

year 2015 without allowance for a doubtful account of the outstanding debt.  Case 3: Performing duties dishonestly and seeking wrongful gains, which caused damage to IEC, through a purchase transaction

lowest in the past 10 years. The Company realized its stock loss of 2.75 million Baht from the recording NRV on 31 December 2018. Besides, part of the loss was caused by allowance for impairment of

of provision for decommissioning costs in 2018 and also the allowance for impairment of assets in 2019, adjusted net profit for 2019 was 113.9 million baht compared to 122.9 million baht in 2018, a

major receivables, which was famous automobile manufacturing companies in Thailand. As a result, the Company did not set the allowance for doubtful accounts. Average days sales of inventory were 20 days

was in-line with higher sales in 1Q 2017/18. The Company gives 60 – 90 days credit terms to customers. For accounts receivables of more than 120 days, the Company has a policy for allowance for doubtful

allowance for doubtful accounts, which also considers the customers’ payment history and credit- worthiness. As of 30 September 2017, the allowance for doubtful accounts was THB 33mn. AGEING OF TRADE

the project investment in solar power plant in Philippines and setting an allowance for impairment of intangible assets of Baht 16.87 million. DCORP would like to summarize the overview of the separate

receivables of more than 120 days, the Company has a policy for allowance for doubtful accounts, which also considers the customers’ payment history and credit- worthiness. As of 31 December 2017, the allowance

others. As at 31 December 2017, the company and its subsidiaries recorded allowance for doubtful accounts totaling 99.0 million baht, increased from 2016 and 2015 of 182.1 million baht and 157.2 million