) 14,986 19,891 Unit: million Baht 30 June 2020 31 December 2019 Fi na nc ia l St at us Total Liabilities 2,406 2,194 Total Asset 15,195 15,488 Total Equity 12,789 13,294 2. Changes in Accounting Estimates
8 บริษัท จี สตีล จํากัด (มหาชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2020 1. Operating Result Highlights 2. Changes in Accounting Estimates In
operating results of each product line have already been disclosed in full in the note to the financial statements in accordance with the accounting standards on disclosure of financial information as
Resources CONTENTS Executive Summary 03 Statement of Income 07 Business Performance 09 Statement of Financial Position 21 Statement of Cash Flows 23 Financial Ratios 24 Environment Management Accounting 26 3
the company’s profit before tax lower by THB 68 mn in 1Q20. Impact from the implementation of new financial reporting standards From 1 January 2020, the Company has adopted Thai Financial Reporting
Financial Reporting Standard (TFRS16) - Leases which impacted to the financial statement as follows (see details in the Notes to Financial Statements No. 3 “Impact from the Changes in Accounting Standards
. Implementation of new financial reporting standards (group of financial instruments) The Bank and its subsidiaries adopted the TFRS 9 from January 1, 2020 onwards, without restating previous financial statements
) SANCTIONS.—If the Board finds, based on all of the facts and circumstances, that a registered public accounting firm or associated person thereof has engaged in any act or practice, or omitted to act, in
% 159.64 30.5% Revenues from HR solutions 358.10 74.2% 396.99 75.9% 2. Financial solutions 2.1 Enterprise Resource Planning 96.99 20.1% 98.94 18.9% 2.2 Accounting & Finance Outsourcing 23.79 4.9% 19.18 3.7