before business combination 341,325 Fair value of the consideration transferred 999,117 Less The company’s interests in the net identifiable assets (638,034) Goodwill 702,408 Cash paid as the consideration
transfer of The Ritz-Carlton Residences, Bangkok at MahaNakhon totaling of 94 residences in 2017 whereas the total residences transferred in 2016 were 24 residences, (2) gross profit from gourmet food and
recorded a total backlog 2 of THB 8,012.4mn, decreasing by 7.4% from THB 8,655.8mn as at end of 1Q18. The main reason of the decreasing was from unit transferred of The Lofts Asoke project since December
8,010.5mn, reducing by 9.7% from THB 8,869.9mn as at end of 2019. There was a decrease in backlog value of The Lofts Asoke and The Diplomat 39 due to unit transferred for revenue recognition during the year
remained sluggish, due to weak purchasing power and the lack of any specific measures from the government. In the second half of 2017, the economy moved in a positive direction driven by industrial expansion
(moved into current liability as explained in 2.1) But the employee benefit obligation increased by 4.82 million baht because the company has recalculated the projections effect by the increasing of the
2019 since the venue was moved to Bangkok International Trade & Exhibition Centre (BITEC). Furthermore, cost of organizing E-sport event was quite high. In addition, the company has organized more
million Baht or 39.2% when compared with the first six- month of last year. This was mainly from advertising cost to promote Thailand Mobile EXPO 2019 since the venue was moved to Bangkok International
staff’s achievement of the targeted sales volume and thus receipt of commission from the Company as agreed upon. Meanwhile, the Company’s advertising expenses moved down by Baht 0.83 million and sale
Company’s commission payment upon sales staff’s achievement of the targeted sales volume and thus receipt of commission from the Company as agreed upon. Meanwhile, the Company’s sale promotion expenses moved