, 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

cubic meters per day and Phase 2 to be expanded its generating capacity to 48,000 cubic meters per day by approximately 2031. 1.10 Changes in Accounting Policy On January 1, 2018, the Company had adopted

increase in finance cost of THB 400.58 million was from the recognition on remeasurement to fair value of the derivative according to the adopted accounting policies for derivatives and hedge accounting. 2.5

and the TFRS 9 revenue recognition concept adopted for calculation of interest income and fee income related to loan, as well as reduction of contributions to the Financial Institutions Development Fund

-adjusted indices have been used. Now, we are talking about non-cap weighting or Strategic Beta indices.  “.. almost all the index providers have adopted free float weighting in the field of domestic indices

continue to be developed and adopted, tail-end risk remains unpredictable and potentially undiscovered. This may cause incorrect decisions that finally result in losses. The adoption of innovative

( “ the Group” ) has applied TFRS 9 - Financial instruments standards and TFRS 16 Leases (See Note 3. Changes in accounting policies), effectively from 1st January 2020. o The Group has adopted TFRS 9