construction has been completed during early of Q2/2017. In addition, recognition of administration and maintenance cost of assets will begin after the acceptance of construction work. However, direct cost of

cost, in order to prepare for an increased level of production and the Company’s aggressive growth in the future. Additionally, the Company recorded loss recognition of Baht 4 million from Monde Malee

11.9 percent from Baht 1,107.20 million in the 3 rd quarter of 2016. The decrease was from the recognition of lease receivable, in accordance with the Effective Interest Method. 2.4 Income Tax Expense

14mn. Total non-current assets stood at THB 1,343mn, an increase of 71.3% or THB 559mn primarily due to 1) the increase in building and equipment of THB 295mn, which mainly from the recognition of

the end of last year. There has also been full-year recognition of Bowin Clean Energy’s performance which achieved COD in late 2016.  Financial costs decreased by 33.5%, mainly from the fact that the

total revenue in Q4/ 2016. The slight decline in gross margin incurred due to the recognition of project with lower gross margin in this quarter. Lastly, net profit is equivalent to 21.94 million THB or

Form 35 – HK-TH MRF : Checklist for Mutual Recognition of Funds between Hong Kong Special Administrative Region of the People's Republic of China and Thailand (HK-TH MRF) Application Form ซ่ึง

recognition on remeasurement to fair value of the derivative according to the adopted accounting policies for derivatives and hedge accounting. 2.3 Revenue from finance leases contracts Revenue from finance

. Subsequent to initial recognition, they are remeasured at fair value, gain or loss on remeasurement to fair value is recognized immediately in profit or loss. However, where derivatives qualify for hedge

:- Derivative financial instruments are used to manage exposure to foreign exchange and interest rate risks, which are recognized initially at fair value. Subsequent to initial recognition, they are remeasured at