as an operation lease because land is usually given unlimited economic benefits and recorded as the deferred income. Shareholder’s equity As of 30 June 2018, the Company had total shareholder’s equity

scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods sold are cost of raw material such cold rolled stainless steel sheet and coil and special grade stainless which the

customer has canceled the order suddenly. Given such circumstances and a decline in crude palm oil price, the Company has encountered a difficulty in managing the inventory turnover and recorded stock loss

steel sheet and coil such cut to length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Major cost of goods

milion from SDWTP due to the delay of planned volume ramp up was recorded in 1Q2020. The details are shown in the table below. (Unit: Million Baht) Utilities Business 1Q'20 1Q'19 % Change Revenue from

together with THB 115M gain on conversion option embedded in convertible bond. According to TFRS 9, all derivative instruments must be mark-to-market to be recorded at its fair value and any changes in fair

cut to length as per customers’ requirements. The Company and its subsidiaries therefore sold scrap and recorded as the other income. 1.3 Cost of goods sold Majority of cost of goods sold are cost of

cash equivalents at 1 January 792.42 645.70 Cash and cash equivalents at 30 June 803.07 622.44 At the end of 30 June 2020, the Company recorded additional cash and cash equivalents of 10.65 million baht

value of real estate development cost amounted 2.9 million Baht. The previous year recorded 5.7 million Baht, and loss on impairment of investment in available-for-sale securities 1.2 million Baht. (8

of investment in subsidiary (AIL) of 5.62 million Baht and recorded the allowance for diminishing value of inventories (Biodiesel) (NRV) as of March 31st, 2020 for 3.35 million Baht. However, the