transaction is slightly lower than the appraised value assessed by those 2 independent appraisers which is considered beneficial to the company. 10. Opinion of the Audit Committee and/or Directors on the

transaction is slightly lower than the appraised value assessed by those 2 independent appraisers which is considered beneficial to the company and considers it appropriate to purchase this land with building

management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in

Impact on Future Operating Results Due to the outbreak of the coronavirus disease 2019 (COVID-19), bringing about changing circumstances in business operations, by which the Corporate Group has assessed

: THB million 31 December 2018 31 December 2019 Change Cash and cash equivalent 5,413 4,196 -1,217 Financial assets measured at fair value through profit or loss 0 675 Short-term investment 503 0

MRTA is fully responsible for both loan repayment and interest expense in accordance to the concession agreement) to financial liabilities which measured at amortized cost with effective interest rate

2019 but still well below the Company’s covenant. Unit: THB million 31 December 2019 30 June 2020 Change Cash and cash equivalent 5,413 3,367 -2,046 Financial assets measured at fair value through profit

measured at an amount equal to lifetime ECLs. ECLs on these financial assets are estimated using a provision matrix based on the historical credit loss experience, adjusted for factors that are specific to

as follows: 1. Thai Financial Reporting Standard - Financial instruments group Credit Risk Allowance for impairment loss for trade receivables are measured at an amount equal to lifetime ECLs. ECLs on

baht, or 86.4%, while there was also a loss on equity instruments determined to be measured at fair value through profit or loss. 69.0 million baht. The increase in operating expenses in 2021 is lower