completion. 2. The shareholding in Bangkok Metro Networks Limited On March 27, 2019, the Company purchased 5.08 Million ordinary shares of Bangkok Metro Networks Limited (BMN), which is the subsidiary company
loan interest borrowed to develop projects, which are capitalized as development costs for respective projects till construction completion. Thereafter, such interest costs will be amortized as finance
รายได้ เมื่อลกูค้ามีอ านาจควบคมุในสนิค้า จากเดิมที่เคยรับรู้เป็นรายได้และต้นทุนของโครงการตามวิธีอตัราส่วนงานที่ท า (percentage of completion) ตาม มาตรฐานการบญัชีฉบบัท่ี 11 เร่ืองสญัญาก่อสร้าง 4. รายได้
the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories
period of last year. These increasing revenue resulted from revenue recognition by percentage of completion of projects on hand (Backlog) which were hired on 2017 until 30 June 2019. As at 30 June 2019
investments planned in H2 2019 following the completion of a small investment project for product development. On the liabilities side the short-term borrowing facility increased due to the use of a TR (Trust
in the business operation. Currently, GSTEL is in the process of obtaining loan facilities from the new lender. Upon the funding completion, the short term loan will be promptly repaid by GSTEL. Total
comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog
fixed toll revision every 10 years in accordance to the concession which revenue sharing remained as current proportion. 4. The Completion Commercial Operation of MRT Blue Line Project On March 30, 2020
year. Financial Cost Most of financial cost resulted from loan interest on loans borrowed to develop projects, which are capitalized as development costs for the projects until construction completion