contracts with customers” (TFRS 15), foreign exchange, and deferred tax asset. Normalized net profit clearly reflects the company's true earnings from its normal operations. In Q1/2019, the NNP was Baht 1,053
company's true earnings from its normal operations. To exclude the assessment of the fair value of net assets and allocation of business acquisition costs as well as the effects of accounting standards, in
&A 4 Strategic Investments IVL continued in its earnings accreting growth journey through several acquisitions and organic imperatives with an overall capital investment of $2.26 billion in 2018 which
of natural gas corresponding to the crude oil price in the world market, the new accounting standard (Thai Financial Reporting Standard) regarding the financial instruments (TFRS 9) and the lease
to remain at the same rate if there is no significant change in natural gas price and the appreciation in Thai Baht. However, during September and December of 2018, Ft rate is expected to be adjusted
............................................................................................ 19 Appendix 3: No conversion of natural landscape since 2010 ....................................................................... 20 Appendix 4: Climate Adaptation & Resilience Checklist
increased emphasis on leadership development are the key strategic priorities for the group. 4Q19 IVL Performance Summary IVL reported 2.9 MT of production volume in 4Q19 (-8ppt. organic and +10ppt. inorganic
to identify firms that have deviated from their normal valuation levels and firms that are overvalued or undervalued relative to their peers. A higher PE ratio reflects greater expected future gains
operations include (i) natural gas price and coal price that continued to drop further from previous quarter resulting in lower costs of sales and increasing industrial customers sales margin in spite of the
) (47.8) Profit for the period 360.3 593.5 (233.2) (39.3) Add(less): Loss/(gain) from extraordinary items* (54.7) (290.4) (235.7) (81.2) Net Profit from normal activities 305.6 303.1 2.5 0.8 gain (loss) on