income tax liabilities declined of 53.51 Million Baht, more estimated employee benefits of 8.91 Million Baht, more income awaiting for recognition of 25.96 Million Baht and apart from this Ua Withya Public
plot on Ploenchit road which the Company was handed over the land plot and registered the leasehold right with the Land Department in April 2018. Apart from that, there was an increase in land awaiting
projects that are awaiting revenue recognition in the fourth quarter of 2019, namely Condominium projects under the brand Newera, which are developed and almost completed. It is expected to transfer rooms to
and buildings awaiting development -Long-term loans from financial institutions due within one year -Obligations under finance leases current portion due within one year 50,000 75,746 21,984 17,528 338
3,137mn, from the assumption of a 50% stake in the joint venture with Sansiri, Keystone Estate joint venture and Keystone Management joint venture, (iv) an increase in land and project awaiting development
and project awaiting development of THB 1,918mn, largely from land plots acquired in the EBT of UE last quarter, (v) an increase in restricted deposits of THB 1,587mn, as collateral for loan from a
increase in investments to joint-ventures of THB 3,005mn (Sansiri JVs and Keystone JVs acquired); (iii) an increase in land and project awaiting development of THB 1,918mn (largely from land plots acquired
, land, and project awaiting development. CASH FLOW As of December 2019, cash and cash equivalents was THB 2,767mn, decreasing 1% from THB 2,797mn at the beginning of the period. In 2019, Cash generated
, (ii) increase in land and project awaiting for development from acquisition of a new subsidiary (BSH15), and (iii) the depreciation of the Thai Baht that affected the Company’s foreign assets. Current
) increase in land and project awaiting for development from the acquisition of a new subsidiary, Prime Area 12 Company Limited (“PA12”) (formerly known as “BTS Sansiri Holding Fifteen Limited”), and (iii) the