, CPN consolidates GLAND’s financial performance from September 13, 2018 onwards. In 3Q19, CPN record revenue recognition from GLAND as followings; • Total revenue of THB 387 mn and net profit stood at
the principles for the recognition, measurement, presentation and disclosure of leases, and requires a lessee to recognize assets and liabilities for all leases with a term of more than 12 months
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
supersedes TAS 17 Leases together with related Interpretations. The standard sets out the principles for the recognition, measurement, presentation and disclosure of leases, and requires a lessee to recognize
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