decrease for long term loan in year 2020 due to gradually paying off some balance of debt from the finance institution. Shareholder’s equity The Company’s shareholders equity as of the year 2019 and Q1 /2020
. Increased in Income tax payable of THB 39.56 million. Decrease in Long term borrowings from financial institution and related parties THB 60.85 million. Equity As at March 31, 2020, the Company and its
liabilities of THB 127.99 million, mostly comprising long-term loans from a financial institution for SAAM-SP1 solar power project and SAAM-3 land purchase, and trade and other payables. Total liabilities
allowed the exempt of principal payment for 12 months from May 2020 from financial institution by recognized as Long-term loans, net of current portion at the amount of Baht 122.03 million. • The repayment
. . 2553 Foreign Account Tax Compliance Act ( FATCA) 1 . . 2557 (Foreign Financial Institution FFI) ( / ) FFI FATCA ( FATCA “ ”) FFI FATCA FATCA FATCA FATCA FATCA ( Non- Participating Foreign Financial
) respectively. The restricted fix deposit by a subsidiary was used as guarantee for loans from financial institution. 2.1.5 Deferred tax assets: As at 31st December and 31st March 2018, the Company and its
payables from project work. Advance received was increased in an amounting of Baht 5.99 million due to advance payment of business for health and beauty. Long term loan from financial institution was
(or 1.99 percent of total assets and 2.03 percent of total assets) respectively. The restricted fix deposit by a subsidiary was used as guarantee for loans from financial institution. 2.1.5 Deferred tax
from 25.2% to 44.7% due mainly to the fact that WHART solely used the debt funding from financial institution which is deemed lower cost of fund compared to the fund raised from investors to acquire the
long-term loan from financial institution at 7.72 MB, repayment for Management's Discussion and Analysis and operating results for the Year 2017 Page 6 / 10 debt to account payable for the order at the