-month period ended 31 March 2019, the Company and its subsidiaries have adopted TFRS 15 “Revenue from Contracts with Customers” which become effective for fiscal years beginning on or after 1 January 2019
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
comparatives for the 2018 reporting period, as permitted in the standards. Thai Financial Reporting Standard no.16 (TFRS 16), Leases The Company has adopted that Thai Financial Reporting Standard by applying the
’ burden by reducing minimum payment for credit card and personal loan as well as providing a grace period and relief program in the first quarter of 2020. Moreover, the Company adopted a more cautious in
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
, 14 Mega Home stores and 6 HomePro stores in Malaysia. Starting 1 January 2020 onward, the Company has adopted TFRS 16 Leases, using the modified retrospective method of adoption under which the
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
MANAGEMENT DISCUSSION & ANALYSIS 2Q 2020/21 ENDED 30 SEPTEMBER 2020 09 NOV 2020 MASTER AD PUBLIC COMPANY LIMITED 4 13 May 2019 FINANCIAL POSITION From 1 January 2020, the Company has adopted Thai Financial
Mn % Gain on forward contracts 11.2 49.5 (38.3) (77.4) Change The Group has adopted financial reporting standards related to financial instruments (TFRS9) since 1 January 2020 and recognized gain (loss
grounds that had caused the applicant’s qualifications to be non-compliant with Clause 21(2) are insignificant or a rectification or preventive measures has been adopted, the SEC Office may disregard these