of the financial statements. In addition, TIES neither compared the purchase and sale prices of the related party transactions to market prices, nor explained whether or not the price differences were
neither compared the purchase and sale prices of the related party transactions to market prices, nor explained whether or not the price differences were reasonable.Later, TIES requested for postponement of
prices of the related party transactions to market prices, nor explained whether or not the price differences were reasonable. The SEC thus instructed TIES to rectify the financial statements according to
Baht 3,123 million, decreased by Baht 340 million or 9.8% from Q2’2017 that was explained as follows, Beverages business The beverage sales for Q2’2018 was Baht 1,516 million, decreased by Baht 353
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strong underlying performance as explained earlier. Figure 1: Core EBITDA Evolution V Note: Total of all regions may not match to IVL due to holding segment. Indorama Ventures 3rd Quarter 2018 MD&A 7
issues are escalated and de-escalated within the company should be evaluated at intervals as appropriate to the situation. 5.4 Dynamic process The board should ensure that risk is appropriately reflected
extension for the repayment and the liabilities under Current Liabilities was reclassified under Non- Current Liabilities as explained above. Management Discussion and Analysis Quarter 3 Ending 30 September
transactions to market prices, nor explained whether or not the price differences were reasonable. Later, TIES requested for postponement of submitting the rectified and audited 2014 financial statements, due on
company for Q3’2018 was Baht 3,345 million, slightly decreased by Baht 121 million or 3.5% from Q3’2017 which is explained as follows, Beverages business The beverage sales for Q3’2018 was Baht 1,715