due to accounting effect from inventory reduction. Selling and administrative expenses increased by 6.4% from Baht 428.5 million in Q2 2023 to Baht 455.9 million in Q2 2024 due partly to consolidation
benefits of the warrant holders upon the occurrences of any of the following events: (1) When there is a change in the par value of the Company’s ordinary shares as a result of share split or consolidation
ซึ่ง บันทึกบัญชีแบบงบการเงินรวม (Consolidation) เปนวิธีสวนไดเสีย (Equity Method) สงผลใหตนทุนการพัฒนา โครงการอสังหาริมทรัพยลดลง และเงินลงทุนในกิจการรวมคา(สุทธิ) เพ่ิมขึ้น เชนเดียวกันกับหน้ีสิ
รวม (Consolidation) เปนวิธีสวนไดเสีย (Equity Method) สงผลใหตนทุนการพัฒนา โครงการอสังหาริมทรัพยลดลง และเงินลงทุนในกิจการรวมคา(สุทธิ) เพ่ิมขึ้น หนา 8 จาก 8 เชนเดียวกันกับหน้ีสินรวมท่ีเพ่ิมขึ้น
) change in accounting method for BGYSP earnings contribution from equity method to consolidation method after raising stake from 49% to 100% in Q3’2018 and 2) lower profits at our associate and our joint
project portfolio both local and overseas. • Total interest-bearing debts increased by 6.7% from the end of 2019 to THB 64,423 million as of March 31, 2020, primarily due to debts consolidation after
placed for recovery. Dusit Thani PLC Management Discussion and Analysis For 2Q20 and 6M20 P a g e | 10 Our view on the post COVID-19 hospitality landscape are as follows: • More consolidation of hotels • A
expansion of project portfolio both locally and internationally. • Total interest-bearing debts increased by 1.9% from the end of 2019 to THB 61,552 million as of June 30, 2020, due to debts consolidation
ratio to ensure that the benefits of Warrant holders are no less favorable in the event of the following: (1) when the Company changes the par value of the ordinary shares due to a consolidation or split
increase in short-term borrowings to fund the shares acquisition of GLAND and the consolidation of GLAND’s interest-bearing debt, which has a higher average cost of debt than CPN’s interest-bearing debt. As