continuously increased over the past few years as evident from an acceleration of its advertising expenditures by 3.6%1 YoY to THB 1,678mn in 3Q 2017, benefiting from the shift in people’s behavior to spend more

policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition. The management believes that allowance for doubtful

are as follows: I Property Business, Gross profit from transferred residences was recorded 290 Million Baht or 21% of the revenue. The gross profit of the property business was greater than that of past

was greater than that of past transferring period as the most of residences transferred consistently in 2017. The Company expected that the remaining residences of MahaNakhon project for sale will be

. Liability and Off-Balance-Sheet Management The Company disclosed in Note 22 of the financial statements and consolidated financial report as of 31st December 2017 was summarized below. • During the past year

for doubtful accounts, amounting to Baht 51 million and Baht 42 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of

stimulate the economy by increasing public spending and promoting activities and public relations in other forms. In the past year, ICV group was engaged by the public sector to organize World Expo in Astana

province is moderate. Water supply in the reservoirs was approximately to average water quantity of the past 10 years. The weather forecast of the Department of Meteorology was expected that the total

the main customers based on the past experience. (2) Advance payment for purchased program rights decrease THB 106. 98 million or 16. 33% because of the payment for reservation in content rights to

proven resilient in the past and we expect this to continue into the rest of 2019. The main lime consuming sectors of the industry were not immune to the disruption: the sugar cane harvest was down after a