143 mn). The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that CPN recorded at the time of acquisition of GLAND, which reflected the fair
, declining by 15.2% from 3Q19 amount of Baht 1,208 million driven by lower loan related fee which under TFRS 9 is amortized and recorded in net interest income. Fee from Asset Management business totaled Baht
take appropriate action, as determined by the laws and regulations of the jurisdiction and the policies, procedures, and controls established, maintained, documented, and enforced by the CRA. A CRA
recorded at the time of acquisition of GLAND, which reflected the fair value of GLAND’s investment properties at that time. As a result, the depreciation and amortization expenses from those investment
, USD 123.90 million will be converted into equity while the remaining will be recorded as gain from debt restructuring. This debt restructuring shall be proposed to seek an approval from the
same period last year. Total operating income amounted to Baht 4,294 million, decreased by 2.3% yoy. In addition to net interest income and net fees and services income, the Bank recorded gain on trading
recorded a net income receipt of THB 175 mn, mainly related to the execution fee received from CPNREIT in proceeding with the lease of the properties, following the conversion of CPNRF to CPNREIT and the
against THB 109 million recorded for the same period last year mainly due to reduction in volume in the current year. Administrative Expenses Administrative expenses for 3rd Quarter 2019 and 2018 amounting
accounts had been recorded. In addition, decreasing in employee expenses were in line with decreasing revenue. As the result, the administrative expenses of Q1–2018 were lower than those of Q4–2017