establishing the technological infrastructure necessary to further enhance the quality of audit performance. In terms of future focus, the financial reporting system quality that meets international standards is

1 1. ANALYSIS OF FINANCIAL PERFORMANCE For 9M/2017, East Water Group had total consolidated sales and services income of 3,268.14 million Baht, decreased by 64.83 million Baht or 1.95% (Total

(a copy in Thai and English) 2. Management Discussion and Analysis (MD&A) for the year ended December 31, 2018 (a copy in Thai and English) 3. Company's performance report, Form F45-3 for the year

common deficiencies found during our inspections for this TSQC1 element. Performance evaluation and remuneration of audit partners If a firm leader is striving for high audit quality, the SEC expects the

KASIKORNBANK 7 3.3 Customer Segments and Services 9 3.4 Service Channels 12 3.5 Awards and Commendation 15 4. Operating Performance and Financial Position Analysis 16 4.1 Operating Performance 16 4.2 Financial

oriented growth companies and to balance any increase in leveraging. The updated G20/OECD Principles of Corporate Governance (the Principles) therefore provide a very timely and tangible contribution to the

was 17.96 percent, with a Tier 1 capital ratio of 15.66 percent. The operating performance of the wholly-owned subsidiaries of KBank was also satisfactory in terms of quantity and quality due to the

performance and monitoring, it is with limited impact as the audit clients of these firms only accounted for 10 percent of total market capitalization, as of the end of 2015. Deficiencies during this second

FINANCIAL CONGLOMERATE (the Conglomerate) according to the Basel III Accord was 17.70 percent, with a Tier 1 capital ratio of 15.41 percent. All of the above endeavors and satisfactory operating performance

reviewed its internal structure and operation to improve performance efficiency. The “Change Management Program” was launched with an aim to shift the SEC’s role more towards that of a “facilitator” and