, decreasing by Baht 502.64 million or 47.1 percent from Baht 1,067.48 million in the first six-month period of the year 2017. The main reason was the change in accounting policies decreased finance costs in the
liabilities stood at THB 7,174.9mn • Debt to Equity ratio stood at 1.04 times as of 31 December 2019, decreased from 1.14 times as at end of 2018 Change in accounting policies and reclassification in 2019
in 3Q18, a 28.4% decrease from 3Q17. The decline was attributable to an increase in rental expenses due to a change in accounting entry for the hotels under Dusit Thani Freehold and Leasehold REIT
4G and fixed broadband network expansion. • Network OPEX was Bt6,879mn, increasing 38% YoY and 26% QoQ mainly due to the change in accounting treatment on the partnership with TOT since 1Q18. Excluding
) 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
(Loss) of Associates and Joint Ventures • Share of profit from associates decreased 28.9% y-on-y from Baht 256 million in 2017 to Baht 182 million in 2018, primarily due to 1) change in accounting method
credit demand and the economic volatility caused by Covid-19. V2 27/08/63 3 Overall Picture of the Bank and its Subsidiaries Million Baht Item Quarter Change (%) H1 Change 2/2020 1/2020 2/2019 1/2020 2
adjustment of derivatives according to the adopted accounting policies for derivatives and hedge accounting. The main reason was the change in fair value adjustment of cross currency swap contract between JPY
decreased 44.5% y-on-y in 2019 to Baht 101 million and 51.0% y-on-y in Q4’2019 to Baht 24 million, primarily due to 1) change in accounting method for BGYSP earnings contribution from equity method to
financing fee write- off from refinancing in the amount of Baht 9 million in May 2019 and 2) change in accounting method for BGYSP earnings contribution from equity method to consolidation method after