, the Company engaged an independent financial advisory to evaluate the fair value measurement of the investments by using income approach method and discounted cash flow to present value. As a result

lease receivable, in accordance with the Effective Interest Method. Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2017 Page 6 2.4 Cost of sale and rendering

payment or under contract amendment for collection in the next stage. Unbilled Receivables Due to its turnkey business, the revenue recognition is performed based on percentage of completion method which

profit Baht 164 million of same period of last year. Gross loss of Q1/2018 mainly resulted from depreciation. The company record depreciation by straight-line method while depreciation charge for tolling

. The company record depreciation by straight-line method while depreciation charge for tolling service use unit of production method. Decrease in production volume was also effect for net loss of Q2/2018

from depreciation. The company record depreciation by straight-line method while depreciation charge for tolling service use unit of production method like previous period. However, the company still

decreased lease receivable, calculated according to the Effective Interest Method. 2.4 Cost of sales and rendering of services (excluding fuel costs) Cost of sales and rendering of services for the 2 nd

of 2017. The change was due to the decreased lease receivable, calculated according to the Effective Interest Method. Management Discussion and Analysis For the Three-month and Six-month Periods Ended

receivable, calculated according to the Effective Interest Method. 2.3 Cost of sales and rendering of services (excluding fuel costs) Cost of sales and rendering of services for the 3 rd quarter of 2019 was

financing fee write- off from refinancing in the amount of Baht 9 million in May 2019 and 2) change in accounting method for BGYSP earnings contribution from equity method to consolidation method after