represent the ratio based on restated historical numbers. ROCE calculation is based on THB currency which may not match with other graphs where the calculation is on $ basis. Table 11: IVL Consolidated
calculation to appropriately represent the ratio based on restated historical numbers. ROCE calculation is based on THB currency which may not match with other graphs where the calculation is on $ basis
represent the ratio based on restated historical numbers. ROCE calculation is based on THB currency which may not match with other graphs where the calculation is on $ basis. Including PTA Portugal in 2Q18
expenses 4 Interest net of tax on THB 15 billion Perpetual Debentures 5 M&A earnings are annualized for ROCE calculation to appropriately represent the ratio based on restated historical numbers. ROCE
by +1 and perfectly attracted to GR investors designated by -1. We define two market participants, one being a perfectly rational investor (R) who generally represent much of the market and (GR) who
innovate, its supply chain management, its environmental management systems and human rights policies and practices. These represent a growing class of factors that drive company performance and value. All
overlooking the channel through which CSR activities affect firm value (Margolis and Walsh, 2001; Ruf et al., 2001; Saeidi et al., 2015; Servaes and Tamayo, 2013). Some scholars cast doubt on assuming a direct
may not be suitable for you and it is recommended that you consult an independent investment advisor if you are in doubt about such investments or investment services. Nothing in this report constitutes
securities and the conditions of securities, including the suitability for investment and the relevant risk exposure. The effectiveness of this registration statement/ draft prospectus does not represent that
highlight several stylized facts that, we hope, would give investors a better understanding about them. In examining 294 funds that together represent more than 620 billion Baht of AUM, the majority of which