. Adaptation of Product Design to the New Normal in Post-Pandemic Adoption of IFRS 16 “ Leases” starting 1 January 2020 The adoption of accounting standard (IFRS 16: Leases) has been effective as from January
, TFRS 16 Leases, by recognized Right-of-use assets of Baht 109.76 million. Total Liabilities was Baht 1,713.52 million, increased Baht 112.30 million or 7.01%, mostly from the increase in non- current
(according to Thai Financial Reporting Standards TFRS 16 "Leases") Liabilities As at 31 March 2020, the Company and its subsidiaries’ liabilities was Baht 2,309.57 million, increased by Baht 232.88 million or
Co., Ltd. uses the service from Doctorwood Co., Ltd. to store goods in warehouse. (1 Jun. 2018 - 31 May 2019) 25 May 2018 19,332,000 0.23% as at 31 Mar. 2018 2. Vanachai Group Plc. leases office from
year because the Company has adopted the TFRS16 Leases for fiscal years beginning on or after 1 January 2020. 6. The income tax expenses increased amount of Baht 1 million as in the same line as net
cost amount of (0.13) million baht, compared to (0.03) million baht in the year 2019 which increase of 0.09 million baht or 273.99% because beginning to TFRS 16 : Leases. Please be informed accordingly
Financial Reporting Standards No. 16 on leases, which caused an increase in fixed assets (land, buildings and equipment) as at 1 January 2020 by THB 41.66 million. Moreover, in the first 6-month period of
from rentals the real estate, amount Baht 0.036 million, decrease Baht 0.015 million or decreased 29.41 percent due to less tenant. 1.5) Other Incomes, amount Baht 0.97 million, decrease Baht 7.70
mix efficiently. However, the Company had applied and accounted for expenses from rental contracts according to TFRS 16 – Leases, which affect to net profit margin. In addition, due to the market
million (according to Thai Financial Reporting Standards TFRS 16 "Leases") 5. An increased in property, plant and equipment at amount of Baht 204 million due to construction in Segment project which started