or 35.6 % from the same period of 2020. This was due to the company recognized lower interest expenses on the lease liabilities relating to the Thai Financial Reporting Standard No. 16 "Leases" (TFRS
right of use following adoption of the Thai Financial Reporting Standards: TFRS 16 on Leases, which added to the land lease amount from the previous year. In Quarter 3 of 2020, SAAM Group’s gross profit
general approach is applied to calculate expected credit losses on other financial assets. 2.2 TFRS 16 Leases TFRS 16 supersedes TAS 17 Leases together with related Interpretations. The standard sets out
financial assets that are credit-impaired upon the initial purchase or acquisition and a general approach is applied to calculate expected credit losses on other financial assets. 2.2 TFRS 16 Leases TFRS 16
) Long-term loans from financial institutions 2,464.6 2,767.5 (302.9) (10.9) Trade and other payables 295.2 249.4 45.8 18.4 Leases liabilities (net) 19.4 0.6 18.8 3,133.3 Other liabilities 140.7 107.2 33.5
Trade and other payables 256.5 249.4 7.1 2.8 Leases liabilities (net) 18.3 0.6 17.7 2,950.0 Deferred tax liabilities (net) 60.3 38.5 21.8 56.6 Derivative liabilities 5.5 - 5.5 N.A. (>100) Other
loans from financial institutions 3,812.5 2,767.5 1,045.0 37.8 Trade and other payables 422.7 249.4 173.3 69.5 Leases liabilities (net) 20.9 0.6 20.3 3,383.3 Deferred tax liabilities (net) 122.0 38.5 83.5
January 2020: The Company and its subsidiaries (“Group”) has adopted the new financial reporting standards TFRS9: Financial Instruments and TFRS16: Leases. These financial reporting standards were aimed at
standards The Group has adopted financial reporting standards relating to financial instruments (TAS 32, TFRS 7 and TFRS 9) and leases standard (TFRS 16) retrospectively from 1 January 2020. The following