from the Trust. The proceeds can be used according to the Company and/or PD’s business plan such as investing in new projects, repaying debts and loans from financial institutions, or using as working
31 December + ( - ) % 2019 2018 (in Baht) Income Revenue from sale 17,416,417,795 29,965,744,118 -72% Revenue from service - Tolling - - Reversal of bad and doubtful debts expense 13,554,115 - 100
Quality, Accounts Receivable Aging, Provision and Sufficiency of Allowance for Doubtful Debts The Corporate Group’s trade accounts receivable and other accounts receivable as at June 30, 2020 account for
expenses mainly because the provision for doubtful debts and closed branches over THB 150 million was recongised during 2016. Impairment of investment in subsidiary Impairment of investment in subsidiary of
was of 0.73:1 time and the Interest bearing debts to total equity ratio was of 0.51:1 time. The liabilities comprised of major items which are follows;- 2.2.1 Account payable and others account payable
past collection history, aging profile of outstanding debts and the prevailing economic condition. The management believes that allowance for doubtful accounts is adequate in the current circumstances
% Goodwill 87.80 87.80 0% Other assets 144.68 70.03 107% Total assets 1,879.48 1,901.25 -1% Trade payable 122.37 113.88 7% Interest-bearing debts 345.48 1.80 19118% Employee Benefit Obligation 37.22 38.35 -3
cash used in operation activities by the amount of 920.4 million Baht which is a result of acquisition of non-performing debts to manage and cash flow from insurance services activities. In 2018, with
requirement of accounting standards. • Unrealized gain on exchange rate from financing activities in Q3’2019: This item mainly comes from the outstanding of US dollar debts; the company booked unrealized gain