rent which the Group previously classified as operating lease. Derivative assets increased by Baht 4.2 million from recognized of difference in fair value of derivative from the adoption of TFRS9

previously classified as operating lease. Derivative assets increased by Baht 7.4 million from recognized of difference in fair value of derivative from the adoption of TFRS9 financial instruments. Deferred

maintains a policy to manage the inventories’ optimization efficiently which can be classified by product groups as follows; ▪ In 2020, the Biodiesel’s ratio of cost of sales to total revenue was decreased

classified by product groups as follows; ▪ In 2021, the Biodiesel’s ratio of cost of sales to total revenue was increased from 2020 to 2 .9 2 % or increased by 3 .2 7 % from the decreased in sales volume by

the raise the price of domestic palm oil. Although, the Company still maintains a policy to manage the inventories’ optimization efficiently which can be classified by product groups as follows;  For

a policy to manage the inventories’ optimization efficiently which can be classified by product groups as follows;  For 3rd quarter of 2022, the Biodiesel’s ratio of cost of sales to total revenue

, the Company still maintains a policy to manage the inventories’ optimization efficiently which can be classified by product groups as follows; ท่ีตั้ง 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลองมะเด่ือ

on May 2013. It was simplified for users to easily understand and was adjusted to be applicable for Thai listed companies. The main questionnaires in the evaluation form are classified into 5

consolidation method after raising stake from 49% to 100% in Q3’2018, 2) lower profits at our associate named BGSENA as there was a deferred financing fee write- off from refinancing in the amount of Baht 9

(based on budgets and our inter- nal guideline of 1:1 Net Debt: Eq- uity over the plan period. Table 4: IVL Organic Growth Plan with Associate Capex Estimated EBITDA Growth in 2019 over 2H17 Annualized