Receivables Due to its turnkey business, the revenue recognition is performed based on percentage of completion method which may deviate from the payment plan according to the contractual conditions. As a
the same period in 2016. This was due to the termination of the programmed co-production agreement before the due date at the beginning of 2016 but no revenue recognition from other business, which was
leasehold rights transaction was to reduce the cost of the Company incurred from the recognition of project cost since it entered into such lease agreement in 2014. Since then, Project MET has not started any
4 The objective of this termination of the leasehold rights transaction was to reduce the cost of the Company incurred from the recognition of project cost since it entered into such lease agreement
Bt613mn increasing 39% YoY mainly due to a revenue recognition of expired cash cards and other fines. Finance cost was Bt5,302mn increasing 25% YoY due to the deferred interest from spectrum licenses
enterprise solution following digitization trend. Revenue from interconnection charge (IC) and TOT partnership reported at Bt3,494mn, decreasing -18%YoY due to one-time revenue recognition in 3Q19 from the new
project. Trade Receivables of the Q4 – 2019 increased by 768.4 MB or 51.2 percent from the year 2018, due to the decrease in revenue. Furthermore, the Company had the trade receivables that got a quite long
-Café 2 Catering / Pop-up 3 4 1 Franchise Fee Income 4 • Revenue recognition of initial franchise fee • *Actual franchise fee recognized in Q4/2019 was THB 0.9 million Management Discussion & Analysis YE
of Baht 26.20 million, overdraft and short-term loans from financial institutions increase Baht 38.83 million to support our operation activities and payment to foreign supplier, long-term loans from
and satisfactory operating performance allowed KBank and K Companies to meet business targets and at the same time gain wide acceptance and recognition at home and abroad, as reflected in the numerous