. - Revenue from provision of service and rental For the year 2018, SAAM Group’s revenues from provision of service and rental represent passive income generated from long-term contracts with customers
contracts to hedge its debt. On November 15, 2019, the Company has issued two tranches of debentures for Private Placement to institutional investors at the amount of 3,800 million baht comprise; (1) Tranche
liabilities as at 31 December 2019 was 1,122.74 Million Baht increased from 31 December 2018 which was 1,024.78 Million Baht because of the following; - Advances received from construction contracts and
Thai Financial Reporting Standard 15 (TFRS 15) regarding revenue from contracts with customers for the first time which is effective since 1 January 2019. Table 1 : Sales Revenue by Product Line for the
interest rate swap contracts to hedge its debt. • Shareholders’ Equity As of February 28, 2017, shareholders’ equity was 13,773 million baht, representing the increase of 1,516 million baht or 12% from
currency forward contracts 2 37 (19) N/A -152% 58 18 -70% Gain (loss) on foreign exchange 250 271 92 -63% -66% 335 363 9% Reversal of allowance for gain/(loss) from impairment of assets 0 (101) 19 N/A -118
synchronize with the reclassification of the assets as mentioned above. However there was a bit increase in deposits from long-term lease agreement as a result of the new contracts that the Company has secured
currencies, the Company has entered into cross currency interest rate swap contracts to hedge all borrowings. Shareholder Equity As of November 30, 2017, the Company’s shareholder equity reached 14,899 million
Street English”. The revenue from English language school is recognized according to the international accounting standard which recognizes revenue gradually according to contracts period entered into
or contracts. “ insurance ” means the professional indemtity insurance. Chapter 1 Calculation and Reporting of Maintenance of Capital Division 1 Liquid Assets and Insurance Used for Maintenance of