. The company has also recognized the goodwill valuing at Baht 7 million from purchasing of the shares from the previous partner at a price higher than that of the book value. Nevertheless, trade account

remaining costs of project work that has been closed according to purchase order are recognized together with delivered income (3) Expenses Year 2019 company and its subsidiaries has total expenses of

million or 0.44% from end of 2019, mainly due to adopted TFRS9, TFRS 16 using the modified retrospective method of initial adoption of which the cumulative effect is recognized as an adjustment to the

revenue as we have recognized revenue of a big scale implementation job in Malaysia last year. With the acquisition of TigerSoft, the Company is able to expand its business to hardware, such as clock

booking of revenue received in advance for new projects and recognition of various unearned revenue from consolidation of TigerSoft. The amount will be recognized progressively as revenue within a 12-month

increased 61.0% year-on-year from Baht 524 million in 2016 to Baht 843 million in 2017, primarily due to a record of construction revenue which is recognized based on the percentage of completion of our hydro

purchase order from big industry in first quarter of 2019 in an amounting of Baht 89.84 million. Almost of all revenue was gradually recognized since first quarter until this quarter. Moreover the Company

follows: - Translation - Page 3 of 6 (1) Club and international football match sponsorship fees: Club and international football match sponsorship fees, recognized as expenses in accordance with payment

which is recognized based on the percentage of completion of our hydro power projects in Lao PDR, namely XXHP and Nam Che. Table 1) Revenue drivers: Sales volume 6M'2016 6M'2017 % change MWh MWh

recorded 418.0 Million Baht or 24.7% of revenue from property business which rose significantly than that of Q2 2016. This was mainly due to the 33 residences that were transferred and recognized income in