million or 7% comparing to 31 December 2019. This mainly driven by TFRS16-Leases adopted in 2020. The standards set out principles for the recognition, measurement, presentation and disclosure of leases

Driving entire presale and transfer. Moreover, company also take care of consumers and employees health with Zero-COVID patient. The company will maintain the standards and continuously improve to be able

health with Zero-COVID patient. The Group will maintain the standards and continuously improve to achieve the goal through this challenging PAGE 3 year. In addition, The Group also has a new joint venture

. And from the adoption of the financial reporting standards regarding Financial tools for accounting, hedging and derivative accounting with the amount of 4.62 million baht and allowance for loss of

from last year in the amount of 18.88 million baht or 10.93%. This year the Company has adopted Thai Financial Reporting Standards no. 16 Lease, resulted to a reclassification of Right-of-use assets

2020/21 ENDED JUNE 2020 11 AUG 2020 MASTER AD PUBLIC COMPANY LIMITED 4 FINANCIAL POSITION From 1 January 2020, the Company has adopted Thai Financial Reporting Standards (TFRS) 9 – Financial Instruments

194.40 million of net loss and THB 6.64 million of impact from adopting new Thai Financial Reporting Standards (TFRS), TFRS No.9: Financial Instruments and TFRS No.16: Leases, in the current period

Reporting Standards (TFRS) which consists of TFRS 9 – Financial Instruments and TFRS 16 – Leases as per the following details.  Under TFRS 9, the Company is required to classify the derivatives and credit

decrease in expected credit loss was mainly from additional provision in the previous quarter in accordance with the new Financial Reporting Standards (TFRS 9) coupled with provision for future impact of

% reduced from 6.6% in the third quarter of 2020. Moreover, in the first quarter of 2020, the Company has an additional provision in accordance with the new Financial Reporting Standards (TFRS 9) coupled with