standards was recognized as an adjustment to the retained earnings as at 1 January 2020, and the comparative information was not restated. The impact of the adoption on the consolidated statement of financial

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

recognized additional revenue from the disbursement of COVID-19 screening services provided by the affiliated hospitals in accordance with the disease prevention measures organized by the National Health

generation of XPCL and longer maintenance period of Quezon. Meanwhile, SBPL has recognized the operating result because the commencement on September 26, 2019 and NTPC has higher electricity sales to EDL

million Baht or 86.89% due to in year 2019, the company recognized the doubtful debt reduced by 276.22 million Baht and also the income from the disposal of assets and the write-off of creditors amount of

Renewable Energy Projects for industrial customers started from Solar Rooftop Projects. WHAUP recognized Power Business performance in a form of (i) Revenue, (ii) Share of Profit, and (iii) Dividend Income

the company recognized interest expenses THB 10.9 Mn on the lease liabilities following the implementation of the Thai Financial Reporting Standard No. 16 "Leases" (TFRS 16) Tax Expenses In the 1st

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE In

and 2020, finance expenses increased from THB 0.1 Mn to THB 8.0 Mn respectively, an increase of THB 7.9 Mn. This was due to (1) the company recognized interest expenses on the lease liabilities

and its subsidiaries had total shareholders’ equity of Baht 3,776.69 million decreased from Baht 3,959.51 million as of December 31, 2019 of Baht 182.82 million or -4.62% from recognized loss profit of