Common use of BASIS FOR THE PREPARATION OF FINANCIAL STATEMENTS Clause in Contracts

BASIS FOR THE PREPARATION OF FINANCIAL STATEMENTS. 2.1 Basis for the preparation of financial statements These interim financial statements are prepared in accordance with the Accounting Standard No. 34 (revised 2016) Interim Financial Reporting, and the requirements of the Securities and Exchange Commission (SEC). The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events, and situations and not intended to re-emphasis on the information previously reported. The interim financial statements should therefore, be read in conjunction with the financial statements for the year ended December 31, 2016. The interim financial statements have been prepared on a historical cost basis except where otherwise disclosed in the accounting policies. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the financial statements in Thai language version. 2.2 Thai Financial Reporting Standards that become effective in the current year The Company have adopted the revised 2016 Thai Financial Reporting Standards issued by the Federation of Accounting Professions which become effective for the fiscal years beginning on or after January 1, 2017. These financial reporting standards were aimed at alignment with the corresponding International Financial Reporting Standards, with most of the changes directed towards revision of wording and terminology, provision of interpretations and accounting guidance to users of the standards. The adoption of these financial reporting standards do not have any significant impact on the Company financial statements.

BASIS FOR THE PREPARATION OF FINANCIAL STATEMENTS. 2.1 Basis for the preparation of financial statements These interim financial statements are prepared in accordance with the Thai Accounting Standard No. 34 (revised 20162017) Interim Financial Reporting, and the requirements of the Securities and Exchange Commission (SEC). The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events, and situations and not intended to re-emphasis on the information previously reported. The interim financial statements should therefore, be read in conjunction with the financial statements for the year ended December 31, 20162017. The interim financial statements have been prepared on a historical cost basis except where otherwise disclosed in the accounting policies. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the financial statements in Thai language version. 2.2 Thai Financial Reporting Standards that become effective in the current year The Company have has adopted the revised 2016 2017 Thai Financial Reporting Standards issued by the Federation of Accounting Professions which become effective for the fiscal years beginning on or after January 1, 20172018. These financial reporting standards were aimed at alignment with the corresponding International Financial Reporting Standards, with most of the changes directed towards revision of wording and terminology, provision of interpretations and accounting guidance to users of the standards. The adoption of these These financial reporting standards do not have any significant impact on the Company Company’s financial statements. 2.3 Newly issued financial reporting standards and effective in the future During 2018, the Federation of Accounting Professions issued new financial reporting standards that are already announced in the Royal Gazette which are the newly issued financial reporting standards. New accounting standards are effective for the fiscal year beginning on or after January 1, 2019, as follows.

BASIS FOR THE PREPARATION OF FINANCIAL STATEMENTS. 2.1 3.1 Basis for the preparation of interim financial statements These interim financial statements are prepared in accordance with the Thai Accounting Standard No. 34 (revised 20162018) Interim Financial Reporting, and the requirements of the Securities and Exchange Commission (SEC). The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events, and situations and not intended to re-emphasis on the information previously reported. The interim financial statements should therefore, be read in conjunction with the financial statements for the year ended December 31, 20162018. The interim financial statements have been prepared on a historical cost basis except where otherwise disclosed in the accounting policies. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the financial statements in Thai language version. 2.2 3.2 Thai Financial Reporting Standards that become effective in the current year The During the period, the Company and its subsidiaries have adopted the revised 2016 Thai Financial Reporting Standards issued by the Federation of Accounting Professions and new financial reporting standards and interpretations (revised 2018) including new accounting treatment guidance, which become are effective for the fiscal years beginning on or after January 1, 20172019. These financial reporting standards were aimed at alignment with the corresponding International Financial Reporting Standards, Standards with most of the changes and clarifications directed towards revision of wording and terminology, provision of interpretations and accounting guidance disclosures in the notes to users of the standardsfinancial statements. The adoption of these financial reporting standards do does not have any significant impact on the Company and its subsidiaries’ financial statements. However, the new standard involves changes to key principles, as summarized below.

BASIS FOR THE PREPARATION OF FINANCIAL STATEMENTS. 2.1 Basis for the preparation of interim financial statements These interim financial statements are prepared in accordance with the Thai Accounting Standard No. 34 (revised 20162018) Interim Financial Reporting, and the requirements of the Securities and Exchange Commission (SEC). The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events, and situations and not intended to re-emphasis on the information previously reported. The interim financial statements should therefore, be read in conjunction with the financial statements for the year ended December 31, 20162018. The interim financial statements have been prepared on a historical cost basis except where otherwise disclosed in the accounting policies. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the financial statements in Thai language version. 2.2 Thai Financial Reporting Standards that become effective in the current year The During the period, the Company have has adopted the revised 2016 Thai Financial Reporting Standards issued by the Federation of Accounting Professions and new financial reporting standards and interpretations (revised 2018) including new accounting treatment guidance, which become is effective for the fiscal years beginning on or after January 1, 20172019. These financial reporting standards were aimed at alignment with the corresponding International Financial Reporting Standards, Standards with most of the changes and clarifications directed towards revision of wording and terminology, provision of interpretations and accounting guidance disclosures in the notes to users of the standardsfinancial statements. The adoption of these financial reporting standards do does not have any significant impact on the Company Companys’ financial statements. However, the new standard involves changes to key principles, as summarized below.

BASIS FOR THE PREPARATION OF FINANCIAL STATEMENTS. 2.1 Basis for the preparation of interim financial statements These interim financial statements are prepared in accordance with the Thai Accounting Standard No. 34 (revised 20162017) Interim Financial Reporting, and the requirements of the Securities and Exchange Commission (SEC). The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events, and situations and not intended to re-emphasis on the information previously reported. The interim financial statements should therefore, be read in conjunction with the financial statements for the year ended December 31, 20162017. The interim financial statements have been prepared on a historical cost basis except where otherwise disclosed in the accounting policies. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the financial statements in Thai language version. 2.2 Thai Financial Reporting Standards that become effective in the current year The Company have has adopted the revised 2016 2017 Thai Financial Reporting Standards issued by the Federation of Accounting Professions which become effective for the fiscal years beginning on or after January 1, 20172018. These financial reporting standards were aimed at alignment with the corresponding International Financial Reporting Standards, with most of the changes directed towards revision of wording and terminology, provision of interpretations and accounting guidance to users of the standards. The adoption of these These financial reporting standards do not have any significant impact on the Company and its subsidiaries’ financial statements.