, monitoring and reporting risks, capital and liquidity are in place whereas segregation of duties and reporting lines are clearly defined in conformity with the good internal control principle. We also
January 3rd, 2019 Indorama Ventures 2018 MD&A 21 Table 10: IVL Consolidated Statement of Income 1 As per internal classification and includes insurance claim for business interruption loss of profit 2 As
Advisor) to study the feasibility of the project as of July 2017 by using the Free Cash Flow to Equity Method to calculate the Net Present Value for Equity, Equity Internal Rate of Return, and Payback
condition or prospects of a rated entity, obligor, originator, underwriter, or arranger may mislead market participants. Likewise, conflicts of interest or other undue factors internal and external that might
independent director, in the case of a central securities depository; (2) adopt an effective internal control system and an efficient, independent audit system. In addition, a securities clearing house shall
in the unappropriated retained earnings and the increase in non-controlling shareholders equity of Baht 2,873 million and Baht 412 million, respectively. However, there was dividend payout of Baht
equivalent to approximately Baht 3,522.00 million. Prior to the completion of the Company’s investment, SGAH is required to complete an internal group restructuring. After such restructuring, SGAH Group will
amount of up to USD 100.00 million or equivalent to approximately Baht 3,522.00 million. Prior to the completion of the Company’s investment, SGAH is required to complete an internal group restructuring
executing trading orders; (4) an internal audit and control system for accepting trading orders outside the intermediary’s offices, for example, internal audit plan and report. In granting an approval under
orders; (4) an internal audit and control system for accepting trading orders outside the intermediary’s offices, for example, internal audit plan and report. 14 In granting an approval under the first