amount of Baht 31 million and a provision of obsolete inventory in the amount of Baht 24 million.  NNP q-on-q: A 29.0% increase q-on-q from Baht 830 million in Q1’2018 to Baht 1,071 million in Q2’2018

obsolete inventory in the amount of Baht 35 million. • NNP q-on-q: A 30.4% decrease q-on-q from Baht 1,071 million in Q2’2018 to Baht 745 million in Q3’2018. The adjustment on NNP in Q3’2018 was primarily

debt to EBITDA of 1x and decent interest coverage ratio of 14x in FY20. Asset turnover: Inventory was well-managed with inventory days declined from 51 days to 44 days due to lower handset stock. Account

low net debt to EBITDA of 0.8x and decent interest coverage ratio of 16x. Asset turnover: Inventory was well-managed with inventory days declined from 44 days to 22 days due to lower handset stock

: Inventory was well-managed with inventory days increased from 22 days to 27 days due to increased stock handset after a supply shortage in FY21. Account payable days maintained at 73 days, stable from FY21

Supervising Those who are in Contact with Investors ■ Promotion of Good Corporate Governance ■ Development of Legal Framework to Afford Better Protection for Clients’ Assets and Provide Mechanism for Investors

, derivatives exchange, securities clearing houses, central securities depositories, the SEC Office, and the Bank of Thailand, for the purposes of supervising and examining the financial position and risks of

as auditor in the capital market shall have the following characteristics: (1) having an audit quality control system which is sufficient and reliable for supervising its auditors’ work performance to

systemic risk and prevention of any consequences that may affect securities trading system, where the works involved supervising securities companies to ensure their sound financial status as well as

Activity_Report_62En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2019 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2019 Contents Executive Summary 02 42 45 19 30 04 08 14 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results B. Engagement-Level A. Firm-Level 38 Root Cause Analysis Framework and Focuses in 2019 Essential Statistics Auditing Landscape in Thailand Executive Summary The capital market plays an important role in d...