. Without proper and timely adjustment, competitiveness and debt servicing ability of the business sector may be jeopardized, which would eventually affect KBank’s asset quality. 1.3 Significant Regulations
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
recognized a provision of employee benefit for retirement amount THB 116 mn including GLAND retroactive adjustment amount THB 15 mn which are classified under administrative expenses. • In 1Q19, CPN sold a
”) TFRS9 – Immaterial impact to financial position and statement of comprehensive profit and loss. TFRS16 – Impact to financial position which was one-time adjustment in 1Q20. Impact to statement of
– 2022, in order to better reflect the investment costs of the three central power authorities in Thailand according to the revision of the Power Development Plan 2015 (PDP 2015) which will increase the
of the revision of revenue recognition according to TFRIC 12. • Shares of profit from Thai Solar Renewable Company Limited (TSR) increased by Baht 9 million from Q4/2017 due to higher sunlight
to revision of power master plan VII, Vietnam’s electricity generating capacity is forecasted to increase to 130,000 megawatts by 2030. Additionally, the government of Vietnam aims to develop power
Limited (NL1PC) increased by Baht 3 million from Q3/2017 and increased by Baht 6 million from Q4/2016. This is because of the revision of revenue recognition according to TFRIC 12. • Shares of profit from