of subscribing new shares of OKEA AS in the amount of NOK 939 million (approximately THB 3,618 million). OKEA AS is considered as an associated company to Bangchak. This investment is in the form of a
payment, used as a business security or for mortgage purpose. This new legislation will promote and support investment in property and be conducive to the country’s economic growth as a whole. 13. Life
from the previous quarter which had sold 1 cargo. However, there was an impairment loss of Technical Goodwill on Gjøa Field. Moreover, during this quarter, gain from changes in investment interest in
operation of the “Lom Ligor” wind power plant project, and the Solar Power Plant project in conjunction with the private floating solar “Bang Pa- In” . Furthermore, the company extended its investment into
/2019 causing gross profit to increase. Natural Resources Business Group recorded its performance softened due to the previous quarter recording gains from changes in investment interest at THB 94 million
Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources CONTENTS Executive Summary and Management Guidelines to Mitigate the Effects of the COVID-19 Outbreak 03 Statement of Income 09 Business Performance 11 Statement of Financial Position 24 Cash of Statement 26 Financial Ratios 27 Environment Management Accounting 29 3 Management Discussion and Anal...
associated, net and advance payments for investment 55,167 49,325 5,842 12% Property, plant and equipment, net 56,361 61,723 (5,362) (9%) Other non-current assets 43,547 49,741 (6,194) (12%) Total Assets
92,953 34% Investment 5,294 6,247 (15)% Property, plant and equipment 205,182 151,202 36% Intangible assets 40,349 27,865 45% Deferred tax assets 2,714 2,620 4% Other assets 1,371 1,471 (7)% Total assets
companies. The company had the mutual funds under management consisting of: - Property fund and Real estate investment trust with a value of Baht 32,384.8 million - Fixed income fund with a value of Baht