Common use of Conclusion Clause in Contracts

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 13, 2021 (Mr. Thanawut Piboonsawat) Certified Public Accountant Registration No. 6699 ASSETS Thousand Baht As at March As at December Note 31, 2021 31, 2020 Current assets Cash and cash equivalents 83,155 110,738 Trade and other current receivables 4.3, 5 170,240 149,479 Inventories 6 144,223 115,779 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - Other current assets 1,291 496 Total current assets 549,590 526,492 Non-current assets Restricted deposits with financial institution 8 3,027 3,025 Property, plant and equipment 10 232,567 223,434 Right-of-use assets 11 72,568 72,771 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 552 467 Total non-current assets 324,897 316,390 TOTAL ASSETS 874,487 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. As at March As at December Note 31, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 Total current liabilities 121,338 114,553 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions for employee benefit 5,194 4,959 Total non-current liabilities 66,980 70,583 TOTAL LIABILITIES 188,318 185,136 Notes to the interim financial statements form an integral part of these interim financial statements. As at March As at December Note 31, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 Unappropriated 74,749 46,326 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Note Thousand Baht 2021 2020 (Restated) (Note 20) Revenues Revenues from sale 184,825 161,916 Other income 4.4 4,525 3,180 Total revenues 189,350 165,096 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 Administrative expenses 4.4 15,827 15,744 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 Profit before income tax expense 35,438 22,404 Income tax expense 19 7,015 4,761 Profit for the period 28,423 17,643 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net cash provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,618) Net cash used in financing activities (5,471) (7,631) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)

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Samples: sft.listedcompany.com

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Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. (Miss Roongnapha Saengchan) Certified Public Accountant No. 10142 Dharmniti Auditing Company Limited Bangkok, Thailand May 138, 2021 (Mr. Thanawut Piboonsawat) Certified Public Accountant Registration No. 6699 2020 ASSETS Thousand Baht As at March As at December Note 31, 2021 31, 2020 31, 2019 Notes (Reclassified) Current assets Cash and cash equivalents 83,155 110,738 6 213,235 708,144 Current investment - 1,387 Trade and other current receivables 4.3, 5 170,240 149,479 7 67,994 72,918 Accrued income from social security 64,407 79,827 Inventories 6 144,223 115,779 8 49,683 53,840 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 9 522,464 - Other current assets 1,291 496 Total current assets 549,590 526,492 917,783 916,116 Non-current assets Restricted deposits with Fixed deposit pledge as collateral 9 13,587 22,427 Other-non current financial institution 8 3,027 3,025 assets 9 126,000 171,666 Property, plant and equipment 10 232,567 223,434 760,368 756,589 Right-of-use assets 11 72,568 72,771 7,036 - Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 37,552 38,749 Other non-current assets 552 467 64 189 Total non-current assets 324,897 316,390 TOTAL ASSETS 874,487 842,882 944,607 989,620 Total assets 1,862,390 1,905,736 Notes to the interim financial statements form an integral intergral part of these interim financial statements. LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at March As at December Note 31, 2021 31, 2020 31, 2019 Notes (Reclassified) Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 85,975 97,590 Accrued expenses 72,380 85,766 Current portion of lease liabilities 4.3, 16 12,820 11,693 15 3,982 - Corporate income tax payable 2,873 1,638 7,006 6,885 Other current liabilities 12,566 9,310 Total current liabilities 121,338 114,553 181,909 199,551 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 15 3,081 - Deferred tax liabilities 13 10,814 20,411 Non-current provisions provision for employee benefit 5,194 4,959 16 68,462 66,042 Total non-current liabilities 66,980 70,583 TOTAL LIABILITIES 188,318 185,136 82,357 86,453 Total liabilities 264,266 286,004 Notes to the interim financial statements form an integral intergral part of these interim financial statements. As at March As at December Note 31, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 Unappropriated 74,749 46,326 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Note Thousand Baht 2021 2020 (Restated) (Note 20) Revenues Revenues from sale 184,825 161,916 Other income 4.4 4,525 3,180 Total revenues 189,350 165,096 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 Administrative expenses 4.4 15,827 15,744 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 Profit before income tax expense 35,438 22,404 Income tax expense 19 7,015 4,761 Profit for the period 28,423 17,643 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net cash provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,618) Net cash used in financing activities (5,471) (7,631) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798).

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Samples: ir.aikchol.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 1317, 2021 (Mr. Thanawut PiboonsawatMiss Xxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 7318 "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION AS AT MARCH 31, 2021 ASSETS In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at March As at December Note As at March As at December Notes 31, 2021 31, 2020 Current assets 31, 2021 31, 2020 6 7 19 5 1,055,346 177,203 7,297,896 124,590 - 11,361 85 4,631 8,671,112 77,450 177,836 6,424,629 148,590 - 7,385 85 4,779 6,840,754 921,762 1,183,093 5,411,341 124,590 1,109,660 4,261 85 - 8,754,792 48,656 1,128,256 4,370,075 148,590 1,095,000 - 85 - 6,790,662 10 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 Trade and other current receivables 4.3, 5 170,240 149,479 Inventories 6 144,223 115,779 Real estate projects under development Deposits for land Short-term loans to related parties Current tax assets Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - Other current assets 1,291 496 Total current assets 549,590 526,492 NonNON-current assets Restricted deposits with financial institution 8 3,027 3,025 CURRENT ASSETS Deposits at banks used as collateral Investments in subsidiaries Land held for development Investment properties Property, plant and equipment 10 232,567 223,434 Right-of-use assets 11 72,568 72,771 Prepaid rental expenses Leasehold rights Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Rental deposit Other non-current assets 552 467 Total non-current assets 324,897 316,390 TOTAL ASSETS 874,487 842,882 262,453 - 1,737,774 394,614 346,578 474,065 108,575 1,590,128 9,524 43,653 60,000 46,031 5,073,395 13,744,507 361,433 - 2,899,938 394,614 352,805 482,167 110,682 1,559,882 10,213 44,514 60,000 27,023 6,303,271 13,144,025 262,453 315,000 865,082 355,814 330,672 467,795 108,575 1,590,128 8,000 30,297 60,000 10,885 4,404,701 13,159,493 349,876 315,000 2,027,691 355,814 334,717 475,226 110,682 1,559,882 8,565 29,076 60,000 10,653 5,637,182 12,427,844 11 12 5 Notes to the interim financial statements form an integral part of these interim financial statements. "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021 LIABILITIES AND SHAREHOLDER' EQUITY In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at March As at December Note As at March As at December Notes 31, 2021 31, 2020 31, 2021 31, 2020 CURRENT LIABILITIES Bank overdrafts and short-term loans from financial institutions Trade and other current payables Current portion of long-term loans from financial institutions Current portion of long-term loans from other company Current portion of debentures Current portion of lease liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans related parties Construction retentions Unearned revenue from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate construction Unrecognised income on installments due Income tax payable 2,873 1,638 Other current liabilities Total current liabilities 121,338 114,553 NonNON-current liabilities CURRENT LIABILITIES Long-term loans from financial institutions 15 3,333 8,333 Long-term loans from other company Long-term loans from related party Debentures Lease liabilities 4.3, 16 58,453 57,291 NonUtilities guarantees Provisions for employee benefit Other non-current provisions for employee benefit 5,194 4,959 Other non-current liabilities Total non-current liabilities 66,980 70,583 TOTAL LIABILITIES 188,318 185,136 315,408 513,849 427,092 734,216 315,408 741,575 427,092 880,407 13 13 578,223 592,029 452,687 335,041 13 14 13 5 370,938 4,384,611 28,980 - 198,983 71,285 116,604 9,871 96,408 6,685,160 360,938 2,838,655 32,032 - 191,628 39,715 204,326 5,161 93,102 5,518,894 370,938 4,384,611 20,129 10,472 159,206 - 104,579 4,030 39,644 6,603,279 360,938 2,838,655 29,299 20,122 157,355 - 184,154 4,030 37,858 5,274,951 13 13 5 14 13 211,920 202,812 - 2,435,276 473,714 1,011 115,658 15,000 69,909 3,525,300 10,210,460 587,191 112,812 - 2,670,040 477,151 2,006 116,140 15,000 70,879 4,051,219 9,570,113 7,734 202,812 9,700 2,435,276 469,922 1,011 105,243 15,000 45,654 3,292,352 9,895,631 383,005 112,812 9,700 2,670,040 472,650 2,006 106,188 15,000 48,332 3,819,733 9,094,684 Notes to the interim financial statements form an integral part of these interim financial statements. "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021 LIABILITIES AND SHAREHOLDER' EQUITY (CONT.) In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at March As at December Note As at March As at December Notes 31, 2021 31, 2020 Shareholders31, 2021 31, 2020 SHAREHOLDERS' equity Share capital Authorized EQUITY Authorised share capital 440,000,000 1,200,000,000 ordinary shares, shares of Baht 0.50 1 each 220,000 220,000 1,200,000 1,200,000 1,200,000 1,200,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on 980,000,000 ordinary shares Retained earnings of Baht 1 each 980,000 980,000 980,000 980,000 PREMIUM ON ORDINARY SHARES 669,210 669,210 669,210 669,210 RETAINED EARNINGS Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 97,593 97,593 97,593 97,593 Unappropriated 74,749 46,326 1,428,127 1,467,992 1,157,942 1,227,240 Subordinated perpetual debentures 300,000 300,000 300,000 300,000 Other components of shareholders' equity 59,117 59,117 59,117 59,117 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 3,534,047 3,573,912 3,263,862 3,333,160 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 13,744,507 13,144,025 13,159,493 12,427,844 Notes to the interim financial statements form an integral part of these interim financial statements. Note "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht 2021 Consolidated Separate Financial Statements Financial Statements Notes 0000 0000 0000 2020 (Restated) (Note 20) Revenues Revenues INCOME 5 Revenue from sale 184,825 161,916 of real estate 742,635 874,979 401,174 606,312 Revenue from construction service 171,632 3,506 - - Other income 4.4 4,525 3,180 15,557 32,555 41,077 52,072 Total revenues 189,350 165,096 Expenses income 929,824 911,040 442,251 658,384 EXPENSES 5 Cost of sales 4.4 128,964 117,683 sale of real estate 566,283 643,213 318,046 456,910 Cost of construction service 157,336 3,506 - - Distribution costs 4.4 7,723 6,551 59,175 89,075 42,628 66,133 Administrative expenses 4.4 15,827 15,744 88,929 99,160 83,816 72,048 Total expenses 152,514 139,978 871,723 834,954 444,490 595,091 Profit (loss) from operationg operating activities 36,836 25,118 58,101 76,086 (2,239) 63,293 Finance income 5 - - 19,267 18,989 Finance costs 4.4 1,398 2,714 85,193 71,860 83,110 68,959 Profit (loss) before income tax expense 35,438 22,404 (27,092) 4,226 (66,082) 13,323 Income tax (income) expense 19 7,015 4,761 Profit for the period 28,423 17,643 8,335 3,292 (1,222) 2,533 PROFIT (LOSS) FOR THE PERIOD (35,427) 934 (64,860) 10,790 Other comprehensive income (loss) for the period - - - - TOTAL COMPREHENSIVE INCOME (LOSS) FOR THE PERIOD (35,427) 934 (64,860) 10,790 Profit (loss) attributable to Parent company (35,427) 934 (64,860) 10,790 Non-controlling interests - - - - (35,427) - (35,427) 934 - 934 (64,860) - (64,860) 10,790 10,790 (35,427) 934 (64,860) 10,790 Total comprehensive income for the period 28,423 17,643 (loss) attributable to Parent company Non-controlling interests Basic earning (loss) per share Earnings (loss) per share (BahtBaht per share) Basic earnings per share 20 0.06 0.09 16 (0.0362) 0.0010 (0.0662) 0.0110 Notes to the interim financial statements form an integral part of these interim financial statements. AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht Consolidated Financial Statements Issued and Share premium Thousand Baht Premium Subordinated Retained earnings Earnings Other Components of Total Note paidPaid-up shares capital on ordinary shares Appropriated Ordinary perpetual Legal reserve Reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 Shareholders' Share Capital Shares debentures Surplus from asset Equity revaluation-land, net 980,000 669,210 300,000 97,593 1,467,992 59,117 3,573,912 Beginning balance as at January 1, 2021 Comprehensive income for the period Profit (loss) for the period Other comprehensive income (loss) for the period Total comprehensive income for the period Interest payment on subordinated perpetual debentures Balance as at March 31, 2021 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 980,000 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 - 669,210 - - - - 300,000 - - - - 97,593 (35,427) - (35,427) (4,438) 1,428,127 - - - - 59,117 (35,427) - (35,427) (4,438) 3,534,047 Beginning balance as at January 1, 2020 Comprehensive income for the period Profit (loss) for the period Other comprehensive income (loss) for the period Total comprehensive income for the period Profit for the period Ending balance Interest payment on subordinated perpetual debentures Balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 980,000 669,210 300,000 88,293 1,294,948 59,117 3,391,568 - - - - 980,000 - - - - 669,210 - - - - 300,000 - - - - 88,293 934 - 934 (4,476) 1,291,406 - - - - 59,117 934 - 934 (4,476) 3,388,026 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities - 7 - AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht Separate Financial Statements Issued and Premium Subordinated Retained Earnings Other Components of Total Paid-up on Ordinary perpetual Legal Reserve Unappropriated shareholders' equity Shareholders' Share Capital Shares debentures Surplus from asset Equity revaluation-land, net 980,000 669,210 300,000 97,593 1,227,240 59,117 3,333,160 Beginning balance as at January 1, 2021 2020 Profit Comprehensive income for the period 28,423 17,643 Reconciliations of profit Profit (loss) for the period to cash provided by Other comprehensive income (used inloss) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses for the period Total comprehensive income for the period Interest payment on subordinated perpetual debentures Balance as at March 31, 2021 - - - - 980,000 - - - - 669,210 - - - - 300,000 - - - - 97,593 (reversal64,860) - (64,860) (1084,438) 1,157,942 - (8564,860) Loss on declining in value of inventories - - - (reversal64,860) - (2484,438) 1,738 59,117 3,263,862 Beginning balance as at January 1, 2020 Comprehensive income for the period Profit (Gainloss) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest for the period Other comprehensive income (303loss) for the period Total comprehensive income for the period Interest payment on subordinated perpetual debentures Balance as at March 31, 2020 980,000 669,210 300,000 88,293 1,106,187 59,117 3,202,807 - - - - 980,000 - - - - 669,210 - - - - 300,000 - - - - 88,293 10,790 - 10,790 (174,476) Interest expense 1,125 2,596 Income 1,112,501 - 10,790 - 10,790 - (4,476) 59,117 3,209,121 Notes to interim financial statements form an integral part of these statements. "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITEDAND ITS SUBSIDIARIES STATEMENT OF CASH FLOWS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht Consolidated Separate Financial Statements Financial Statements 0000 0000 0000 2020 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period Adjustment to reconcile profit (loss) to be net cash received (paid) Adjusted income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increaseincome) decrease in operating assets Trade expenses Adjusted finance costs Adjusted trade and other current receivables (4,482increase) decrease Adjusted real estate projects under development (18,754increase) Inventories decrease Adjusted deposits for land (28,196increase) 12,431 Other decrease Adjusted other current assets (795increase) (152) Deferred molds (369) 1,131 Other decrease Adjusted other non-current assets (92increase) - Increase (decrease) in operating liabilities Trade decrease Adjusted trade and other current payables 5,032 increase (8,020decrease) Cash received Adjusted construction retentions increase (decrease) Adjusted unearned revenue from operations 12,648 22,602 Income tax expense paid construction increase (4,970decrease) Adjusted unrecognised income on installments due increase (decrease) Adjusted other current liabilities increase (decrease) Adjusted utilities guarantee increase (decrease) Adjusted other non-current liabilities increase (decrease) Depreciation and amortization Adjusted expected cerdit loss (reverse) Adjusted loss from decline in value of real estate projects under development (reverse) Adjusted on provisions for compensation for housing estate juristic persons (reverse) Adjusted provisions for employee benefit obligations (reverse) (4,30935,427) 934 (64,860) 10,790 8,335 85,193 704 344,123 24,000 148 (11,623) (194,985) 7,355 3,292 71,860 12,781 374,475 (4,000) (123) 2,614 (36,923) 10,594 - (1,222) 83,110 (35,514) 173,761 24,000 - (232) (123,797) 1,851 - 2,533 68,959 5,814 262,648 (4,000) - 2,588 (47,894) 9,813 - (87,722) 2,074 (995) (1,876) 11,258 (71) 72,087 (21,931) 855 (7,038) 12,775 (4,752) (79,575) 1,158 (995) (2,971) 9,225 9,987 20,702 12,880 855 495 10,771 (4,483) (1,804) - (1,804) - 2,138 (482) 2,163 2,792 921 (945) 1,257 1,641 Notes to interim financial statements form an integral part of these statements. "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITEDAND ITS SUBSIDIARIES STATEMENT OF CASH FLOWS (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht Consolidated Separate Financial Statements Financial Statements 0000 0000 0000 2020 11,762 7,836 11,762 7,836 193,675 500,291 3,860 363,205 (97) (212) (19,364) (19,201) (14,125) (9,702) (4,260) (6,662) 179,453 490,377 (19,764) 337,342 Adjusted on amortisation of premium on debentures Net cash provided by (used in) operating activities 7,678 18,293 Interest income Income tax paid Net cash provided by (used in) operating activities CASH FLOWS FROM INVESTING ACTIVITIES Cash paid for purchase of investment in subsidiaries Cash paid for purchase of equipment Cash paid for purchase of Investment properties Proceed from short-term loans to related parties Repayment of short-term loans from related parties Interest received (Increase) decrease in deposits at banks used as collateral Increase in leasehold rights Net cash provided by (used in) investing activities CASH FLOWS FROM FINANCING ACTIVITIES Cash received from proceeds from debentures Xxxx paid for repayment of debentures Xxxx paid for transaction cost from issue of debenture Cash received from short-term loans from related parties Cash paid for repayment of short-term loans from related parties Cash received from long-term loans from financial institutions Xxxx paid for repayment of long-term loans from financial institutions Xxxx received from long-term loans from other company - (72) - - - 97 98,980 (3,241) 95,764 - (24) (14) - - 212 6,567 (106,288) (99,547) - (66) - (260,600) 236,078 97 87,423 (3,241) 59,691 (2,998) (24) (14) (29,026) 44,657 212 8,599 (106,288) (84,882) 1,550,000 (221,642) (28,928) - - 30,040 (419,117) 100,000 1,835,500 (654,500) (29,894) - - 453,110 (400,169) - 1,550,000 (221,642) (28,928) - (9,650) 6,487 (264,112) 100,000 1,835,500 (654,500) (29,894) 14,877 - 399,425 (248,684) - Notes to the interim financial statements form an integral part of these interim financial statements. "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITEDAND ITS SUBSIDIARIES STATEMENT OF CASH FLOWS (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht 2021 Consolidated Separate Financial Statements Financial Statements 0000 0000 0000 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in bank overdrafts and short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - institutions (5,556111,684) Cash payments 80,879 (111,684) 80,879 Xxxx paid for repayment of lease liabilities (3,46116,826) (2,9955,856) (12,467) (5,113) Finance costs paid (174,726) (167,806) (170,387) (158,372) Interest expense paid of subordinated perpetual debentures (1,1264,438) (2,6184,476) (4,438) (4,476) Net cash provided by (used in in) financing activities (5,471) (7,631) 702,679 1,106,788 833,179 1,229,642 Net increase (decrease) in cash and cash equivalents (27,583) 1,496 977,896 1,497,618 873,106 1,482,102 Cash and cash equivalents - beginning of period 110,738 4,900 as at January 1, 77,450 65,928 48,656 42,486 Cash and cash equivalents - ending as at March 31, 1,055,346 1,563,546 921,762 1,524,588 Non-cash transactions Depreciation expense which is include as a part of period 83,155 6,396 Supplement disclosure for cash flows information: 1real estate project under development Borrowing costs which is included as a part of real eatate under development cost Expenses under contracts which is included as a part of leasehold rights Borrowing costs which is included as a part of construction in process of leasehold rights 1,483 1,875 344 769 50,132 85,932 49,472 78,404 4,598 3,857 4,598 3,857 22,407 22,262 22,407 22,262 Notes to interim financial statements form an integral part of these statements. Reconciliation of cash paid for purchase of propertyAREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES NOTES TO INTERIM FINANCIAL STATEMENTS‌‌ MARCh 31, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)2021

Appears in 1 contract

Samples: a.listedcompany.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. Dharmniti Auditing *****/2 OTHER MATTER The statement of financial position of Xxxx Engineering Solutions Public Company Limited Bangkokas at December 31, Thailand May 132016, 2021 presented herewith for comparative information was audited by another auditor and expressed an unqualified opinion in report dated February 24, 2017. The statement of comprehensive income for the three-month and nine-month periods ended September 30, 2016, changes in shareholder’s equity and cash flows for the nine-month period ended September 30, 2016, presented herewith for comparative information, were reviewed by another auditor and stated that nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with the accounting standards No. 34 “Interim Financial Reporting”, whose report dated November 11, 2016. (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand November 10, 2017 ASSETS Note Thousand Baht As at March September As at December Note 30, 2017 31, 2021 31, 2020 Current assets 2016 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 35,164 35,866 Temporary investments 5 232,049 265,179 Trade and other current receivables 4.3, 5 170,240 149,479 6 319,635 291,317 Current portion of finance lease receivables 7 9,028 10,017 Unbilled receivables 16,257 7,140 Inventories 6 144,223 115,779 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - 8 299,974 237,566 Other current assets 1,291 496 Total current assets 549,590 526,492 Non317 750 TOTAL CURRENT ASSETS 912,424 847,835 NON-current assets Restricted deposits with financial institution 8 3,027 3,025 Property, plant and equipment CURRENT ASSETS General investment 242 242 Long-term finance lease receivables 7 8,996 10,044 Equipment 9 38,269 41,565 Goodwill 10 232,567 223,434 Right-of-use assets 334,672 334,672 Customer relationship 11 72,568 72,771 91,838 102,983 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 28,048 26,749 Other non-current assets 552 467 Total non16,864 15,761 TOTAL NON-current assets 324,897 316,390 CURRENT ASSETS 518,929 532,016 TOTAL ASSETS 874,487 842,882 1,431,353 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. statements As at March September As at December Note 30, 2017 31, 2021 31, 2020 Current liabilities 2016 CURRENT LIABILITIES Trade and other payables 13 198,719 176,566 Income tax payable 8,385 12,873 Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 Total provisions 476 168 Other current liabilities 121,338 114,553 Non4,423 4,641 TOTAL CURRENT LIABILITIES 212,003 194,248 NON-current CURRENT LIABILITIES Deferred tax liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions for employee 14,062 18,957 Employee's benefit 5,194 4,959 Total obligations 13,248 13,910 Other non-current liabilities 66,980 70,583 15,992 15,097 TOTAL NON-CURRENT LIABILITIES 43,302 47,964 TOTAL LIABILITIES 188,318 185,136 255,305 242,212 Notes to the interim financial statements form an integral part of these interim financial statements. As at March As at December Note 31, 2021 31, 2020 Shareholdersstatements SHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 Note As at September As at December 30, 2017 31, 2016 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 292,250 292,250 Issued and paid-up share capital 440,000,000 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 Share premium 292,250 292,250 Premium on ordinary shares 776,416 776,416 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 13,867 13,867 Unappropriated 74,749 46,326 93,515 55,106 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 1,176,048 1,137,639 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 1,431,353 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. Note statements Thousand Baht 2021 2020 (Restated) (Note 20) 2017 2016 Revenues Revenues from sale 184,825 161,916 sales 302,723 158,442 Revenue from rendering of services 41,963 20,179 Other income 4.4 4,525 3,180 3,055 1,088 Total revenues 189,350 165,096 347,741 179,709 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 206,122 117,356 Cost of rendering of services 39,436 16,433 Selling expenses 22,329 8,413 Administrative expenses 4.4 15,827 15,744 37,181 21,611 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 305,068 163,813 Profit before income tax expense 35,438 22,404 expenses 42,673 15,896 Income tax expense 19 7,015 4,761 expenses 8,771 3,103 Profit for the period 28,423 17,643 33,902 12,793 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 33,902 12,793 Earnings per share (Baht) Basic earnings per share 20 (Baht per share) 16 0.06 0.09 0.04 Weighted average number of ordinary shares (shares) 584,500,000 350,000,000 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2017 Thousand Baht Retained earnings Note 2017 2016 Revenues Revenues from sales 864,744 401,117 Revenue from rendering of services 101,011 59,846 Other income 11,208 11,452 Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 revenues 976,963 472,415 Expenses Cost of sales 600,299 299,801 Cost of rendering of services 93,069 54,142 Selling expenses 65,517 24,520 Administrative expenses 105,462 58,287 Total expenses 864,347 436,750 Profit before income tax expenses 112,616 35,665 Income tax expenses 21,602 7,057 Profit for the period 91,014 28,608 Other comprehensive income for the period - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 91,014 28,608 Earnings per share Basic earnings per share (Baht per share) 16 0.16 0.08 Weighted average number of ordinary shares (shares) 584,500,000 350,000,000 Notes to the interim financial statements form an integral part of these statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2017 Thousand Baht Issued and Premium Retained earnings Total Note paid-up share capital on ordinary shares Appropriated legal reserve Unappropriated shareholders' equity Beginning balance as at January 1, 2016 175,000 218,306 11,840 46,651 451,797 Dividend - - - (35,000) (35,000) Total comprehensive income for the period - - - 28,608 28,608 Ending balance as at September 30, 2016 175,000 218,306 11,840 40,259 445,405 Beginning balance as at January 1, 2017 292,250 776,416 13,867 55,106 1,137,639 Dividend 14 - - - (52,605) (52,605) Total comprehensive income for the period - - - 91,014 91,014 Ending balance as at September 30, 2017 292,250 776,416 13,867 93,515 1,176,048 Notes to the interim financial statements. statements form an intergral part of these statements STATEMENT OF CASH FLOWS FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2017 Baht 2017 2016 Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations 91,014 28,608 Bad debt and allowance for doubtful account (reversal) (1,323) 58 Depreciation and amortization Amortization of customer relationship Loss on devaluation of inventories 11,872 11,145 4,378 3,564 - 1,136 (Gain) loss on disposals of fixed assets 378 227 Unrealized (gain) loss on exchange rate 120 (335) (Gain) loss on disposals of investment (4,133) 1,798 Unrealized (gain) loss on revaluation of temporary investments 2,470 (6,845) Interest income (47) (34) Dividend income (793) (395) Employee's benefit expenses 1,239 688 Income tax expense 21,602 7,057 rofit from operating before changes in operating assets and liabilities (Increase) decrease in operating assets 137,922 35,527 Trade and other receivables (26,995) (52,362) Finance lease receivables 2,037 - Unbilled receivables (9,117) 3,721 Inventories (71,505) (2,866) Other current assets Other non-current assets Trade and other payables 433 (1,103) 18,864 1,689 210 22,048 Short-term provisions 308 105 Other current liabilities Employee's benefit obligations (218) (1,901) (1,660) - Adjustment to reconcile profit (loss) for the period to net cash provided by (used in) operating activitiesactivities : Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - P Increase (decrease) in operating liabilities Trade and other Other non-current payables 5,032 liabilities 895 411 Xxxx received (8,020paid) Cash received from operations 12,648 22,602 operating 49,620 6,823 Income tax expense paid (4,97030,985) (4,3096,552) Net cash provided by (used in) operating activities 7,678 18,293 18,635 271 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand statements STATEMENT OF CASH FLOWS (CONT.) FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2017 Baht 2021 2020 2017 2016 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) temporary investments 34,793 24,897 Cash payments for purchase purchases of property, plant and equipment (29,7551,894) (8,798488) Cash Xxxx receipts from disposal of equipment 59 - 582 444 Cash payments for purchase of intangible asset (1021,053) (3683,660) Interest income received 10 8 47 34 Dividends received 793 395 Net cash provided by (used in in) investing activities (29,790) (9,166) 33,268 21,622 Cash flows from financing activities Increase Dividend paid (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,46152,605) (2,995) Interest expense paid (1,126) (2,61835,000) Net cash used in financing activities (5,47152,605) (7,63135,000) Net increase (decrease) in cash and cash equivalents (27,583702) 1,496 (13,107) Cash and cash equivalents at beginning of period 35,866 28,184 Cash and cash equivalents at end of period 35,164 15,077 Supplementaly disclosures of cash flows information : Non-Cash transaction Liabilities incurred from acquisition of fixed assets and intangible assets Liabilities incurred from acquisition of fixed assets and intangible assets - beginning of period 110,738 4,900 670 - Inventories transferred to fixed asset (5,505) (20) Add Purchases of fixed assets and intangible assets 11,622 4,148 Less Cash payments (2,947) (4,128) Liabilities incurred from acquisition of fixed assets and cash equivalents intangible assets - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation 3,840 - Notes to the interim financial statements form an integral part of cash paid for purchase of propertythese statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED NOTES TO THE INTERIM FINANCIAL STATEMENTS SEPTEMBER 30, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)2017

Appears in 1 contract

Samples: Commitments and Contingent

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 13November 9, 2021 2018 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 ASSETS Note Thousand Baht As at March September As at December Note 30, 2018 31, 2021 31, 2020 Current assets 2017 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 23,666 41,956 Temporary investments 5 224,146 199,119 Trade and other current receivables 4.3, 5 170,240 149,479 6 273,919 274,841 Current portion of finance lease receivables 7 9,054 8,783 Unbilled receivables 17,924 11,877 Inventories 6 144,223 115,779 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - 8 288,919 291,266 Other current assets 1,291 496 Total current assets 549,590 526,492 Non466 910 TOTAL CURRENT ASSETS 838,094 828,752 NON-current assets Restricted deposits with financial institution 8 3,027 3,025 Property, plant CURRENT ASSETS General investment 242 242 Long-term finance lease receivables 7 13,683 10,473 Investment property 9 114,950 - Property and equipment 10 232,567 223,434 Right-of-use assets 32,908 150,468 Goodwill 11 72,568 72,771 334,672 334,672 Customer relationship 12 76,937 88,082 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 13 24,950 27,301 Other non-current assets 552 467 Total non20,383 17,352 TOTAL NON-current assets 324,897 316,390 CURRENT ASSETS 618,725 628,590 TOTAL ASSETS 874,487 842,882 1,456,819 1,457,342 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF FINANCIAL POSITION (CONT.) AS AT SEPTEMBER 30, 2018 LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at March September As at December Note 30, 2018 31, 2021 31, 2020 Current liabilities 2017 CURRENT LIABILITIES Trade and other payables 14 165,536 174,475 Income tax payable 9,080 17,474 Short-term loans from financial institutions 13 provisions 437 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 Total Other current liabilities 121,338 114,553 Non5,116 5,817 TOTAL CURRENT LIABILITIES 180,169 197,766 NON-current CURRENT LIABILITIES Deferred tax liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions for employee 9,007 13,455 Employee's benefit 5,194 4,959 Total obligations 16,228 14,898 Other non-current liabilities 66,980 70,583 19,652 16,547 TOTAL NON-CURRENT LIABILITIES 44,887 44,900 TOTAL LIABILITIES 188,318 185,136 225,056 242,666 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF FINANCIAL POSITION (CONT.) AS AT SEPTEMBER 30, 2018 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Thousand Baht As at March September As at December Note 31, 2021 31, 2020 ShareholdersSHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 Note 30, 2018 31, 2017 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 292,250 292,250 Issued and paid-up share capital 440,000,000 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 Share premium 292,250 292,250 Premium on ordinary shares 776,416 776,416 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 20,351 20,351 Unappropriated 74,749 46,326 142,746 125,659 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 1,231,763 1,214,676 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 1,456,819 1,457,342 Notes to the interim financial statements form an integral part of these interim financial statements. Note statements STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2018 Thousand Baht 2021 2020 (Restated) (Note 20) 2018 2017 Revenues Revenues from sale 184,825 161,916 sales 301,714 305,838 Revenue from rendering of services 44,771 38,848 Other income 4.4 4,525 3,180 1,376 3,055 Total revenues 189,350 165,096 347,861 347,741 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 204,813 206,122 Cost of rendering of services 39,766 39,436 Selling expenses 27,155 24,668 Administrative expenses 4.4 15,827 15,744 30,579 34,842 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 302,313 305,068 Profit before income tax expense 35,438 22,404 expenses 45,548 42,673 Income tax expense 19 7,015 4,761 expenses 9,020 8,771 Profit for the period 28,423 17,643 36,528 33,902 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 36,528 33,902 Earnings per share (Baht) Basic earnings earning per share 20 (Baht per share) 17 0.06 0.09 0.06 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statements STATEMENT OF COMPREHENSIVE INCOME (CONT.) FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2018 Thousand Baht Retained earnings Note 2018 2017 Revenues Revenues from sales 901,947 869,316 Revenue from rendering of services 112,247 96,439 Other income 7,147 11,208 Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 revenues 1,021,341 976,963 Expenses Cost of sales 607,762 600,299 Cost of rendering of services 106,119 93,069 Selling expenses 80,948 72,615 Administrative expenses 103,221 98,364 Total expenses 898,050 864,347 Profit before income tax expenses 123,291 112,616 Income tax expenses 24,374 21,602 Profit for the period 98,917 91,014 Other comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 - - Notes to the interim financial statements form an integral part of these statements STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2018 Thousand Baht Issued and Premium Retained earnings Total Note paid-up share capital on ordinary shares Appropriated legal reserve Unappropriated shareholders' equity Beginning balance as at January 1, 2017 292,250 776,416 13,867 55,106 1,137,639 Dividend - - - (52,605) (52,605) Total comprehensive income for the period - - - 91,014 91,014 Ending balance as at September 30, 2017 292,250 776,416 13,867 93,515 1,176,048 Beginning balance as at January 1, 2018 292,250 776,416 20,351 125,659 1,214,676 Dividend 15 - - - (81,830) (81,830) Total comprehensive income for the period - - - 98,917 98,917 Ending balance as at September 30, 2018 292,250 776,416 20,351 142,746 1,231,763 Notes to the interim financial statements. statements form an intergral part of these statements STATEMENT OF CASH FLOWS FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2018 Baht 2018 2017 Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of 98,917 91,014 Adjustment to reconcile profit (loss) for the period to net cash provided by (used in) operating activitiesactivities : Bad debt and allowance for doubtful account (reversal) 2,586 (1,323) Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) 12,227 11,872 Amortization of customer relationship 11,145 11,145 Loss on declining in value devaluation of inventories (reversal) (248) 1,738 5,287 4,378 (Gain) loss on disposal disposals of equipment fixed assets (3162) 11 378 Unrealized (gain) loss on exchange rate (5,9995) 120 (Gain) loss on disposals of investment (887) (1,9854,133) Employee benefit expense 235 226 Unrealized (gain) loss on revaluation of temporary investments 458 2,470 Interest income (30349) (1747) Interest expense 1,125 2,596 Dividend income - (793) Employee's benefit expenses 1,330 1,239 Income tax expense 7,015 4,761 24,374 21,602 Profit provided by from operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets 155,221 137,922 Trade and other current receivables (4,4821,671) (18,75426,995) Finance lease receivables (3,481) 2,037 Unbilled receivables (6,047) (9,117) Inventories (28,1965,258) 12,431 (71,505) Other current assets (795) (152) Deferred molds (369) 1,131 443 433 Other non-current assets (923,032) - Increase (1,103) xxxxx (decrease) in operating liabilities Trade and other payables (5,287) 18,864 Short-term provisions 437 308 Other current payables 5,032 liabilities (8,020701) Cash (218) (Increase) decrease in operating assets Inc Employee's benefit obligations - (1,901) Other non-current liabilities 3,105 895 Xxxx received (paid) from operations 12,648 22,602 operating 133,729 49,620 Income tax expense paid (4,97037,216) (4,30930,985) Net cash provided by (used in) operating activities 7,678 18,293 96,513 18,635 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand statements STATEMENT OF CASH FLOWS (CONT.) FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2018 Baht 2021 2020 2018 2017 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Xxxx receipts from redemption of temporary investments 260,872 420,769 Cash payments for purchase of property, plant and equipment temporary investment (29,755285,470) (8,798385,976) Cash receipts from disposal of equipment 59 - 2,726 582 Cash payments for purchase of intangible asset equipment (1027,051) (3681,894) Cash payments for purchases of intangible assets (4,099) (1,053) Interest income received 10 8 49 47 Dividends received - 793 Net cash provided by (used in in) investing activities (29,79032,973) (9,166) 33,268 Cash flows from financing activities Increase Dividend paid (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,46181,830) (2,995) Interest expense paid (1,126) (2,61852,605) Net cash provided by (used in in) financing activities (5,47181,830) (7,63152,605) Net increase (decrease) in cash and cash equivalents (27,58318,290) 1,496 (702) Cash and cash equivalents - at beginning of period 110,738 4,900 41,956 35,866 Cash and cash equivalents - ending at end of period 83,155 6,396 Supplement disclosure for 23,666 35,164 Supplementaly disclosures of cash flows informationinformation : 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable Non-Cash transaction Liabilities incurred from acquisition of fixed assets 594 and intangible assets Liabilities incurred from acquisition of fixed assets and intangible assets as at January 1, 4,045 670 Inventories transferred to fixed asset (2,2343,175) (5,505) Add Purchases of fixed assets and intangible assets 10,686 11,622 Less Cash payments for purchase of property, plant and equipment (29,75511,150) (8,798)2,947) Liabilities incurred from acquisition of fixed assets and intangible assets as at September 30, 406 3,840 Notes to the interim financial statements form an integral part of these statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED NOTES TO THE INTERIM FINANCIAL STATEMENTS SEPTEMBER 30, 2018

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Samples: www.harn.co.th

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 OTHER MATTER The statement of financial position of Xxxx Engineering Solutions Public Company Limited as at December 31, 2016, presented herewith for comparative information was audited by another auditor and expressed an unqualified opinion in report dated February 24, 2017. The statement of comprehensive income, changes in shareholder’s equity and cash flows for the three-month period ended March 31, 2016, presented herewith for comparative information, were reviewed by another auditor and stated that nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with the accounting standards No. 34 “Interim Financial Reporting”, whose report dated May 13, 2016. (Mr. Xxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand May 1312, 2021 (Mr. Thanawut Piboonsawat) Certified Public Accountant Registration No. 6699 2017 ASSETS Note Thousand Baht As at March As at December Note 31, 2021 2017 31, 2020 Current assets 2016 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 25,154 35,866 Temporary investments 5 337,694 265,179 Trade and other current receivables 4.3, 5 170,240 149,479 6 265,481 291,317 Current portion of finance lease receivables 7 9,566 10,017 Unbilled receivables 10,008 7,140 Inventories 6 144,223 115,779 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - 8 261,871 237,566 Other current assets 1,291 496 Total current assets 549,590 526,492 Non540 750 TOTAL CURRENT ASSETS 910,314 847,835 NON-current assets Restricted deposits with financial institution 8 3,027 3,025 Property, plant and equipment CURRENT ASSETS General investment 242 242 Long-term finance lease receivables 7 9,040 10,044 Equipment 9 39,210 41,565 Goodwill 10 232,567 223,434 Right-of-use assets 334,672 334,672 Customer relationship 11 72,568 72,771 99,309 102,983 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 26,095 26,749 Other non-current assets 552 467 Total non16,551 15,761 TOTAL NON-current assets 324,897 316,390 CURRENT ASSETS 525,119 532,016 TOTAL ASSETS 874,487 842,882 1,435,433 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. statements As at March As at December Note 31, 2021 2017 31, 2020 Current liabilities 2016 CURRENT LIABILITIES Trade and other payables 13 201,774 176,566 Income tax payable 20,168 12,873 Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 Total provisions 885 168 Other current liabilities 121,338 114,553 Non4,608 4,641 TOTAL CURRENT LIABILITIES 227,435 194,248 NON-current CURRENT LIABILITIES Deferred tax liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions for employee 16,048 18,957 Employee's benefit 5,194 4,959 Total obligations 12,422 13,910 Other non-current liabilities 66,980 70,583 15,784 15,097 TOTAL NON-CURRENT LIABILITIES 44,254 47,964 TOTAL LIABILITIES 188,318 185,136 271,689 242,212 Notes to the interim financial statements form an integral part of these interim financial statements. statements SHAREHOLDERS' EQUITY Share capital Authorized share capital Note As at March As at December Note 31, 2021 2017 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 2016 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 292,250 292,250 Issued and paid-up share capital 440,000,000 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 Share premium 292,250 292,250 Premium on ordinary shares 776,416 776,416 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 13,867 13,867 Unappropriated 74,749 46,326 81,211 55,106 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 1,163,744 1,137,639 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 1,435,433 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. Note statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2017 Thousand Baht 2021 2020 (Restated) (Note 20) 2017 2016 Revenues Revenues from sale 184,825 161,916 sales 269,366 132,974 Revenue from rendering of services 23,436 28,633 Other income 4.4 4,525 3,180 5,033 5,270 Total revenues 189,350 165,096 297,835 166,877 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 192,274 100,587 Cost of rendering of services 20,293 25,997 Selling expenses 20,178 8,856 Administrative expenses 4.4 15,827 15,744 34,062 14,391 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 266,807 149,831 Profit before income tax expense 35,438 22,404 expenses 31,028 17,046 Income tax expense 19 7,015 4,761 expenses 4,923 3,614 Profit for the period 28,423 17,643 26,105 13,432 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 26,105 13,432 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 (Baht per share) 15 0.04 0.04 Weighted average number of ordinary shares (shares) 584,500,000 350,000,000 Notes to the interim financial statements form an integral part of these interim financial statements. statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2017 Thousand Baht Issued and Share premium Thousand Baht Premium Retained earnings Total Note paid-up shares share capital on ordinary shares Appropriated Legal legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 2016 175,000 218,306 11,840 46,651 451,797 Total comprehensive income for the period Profit for the period - - - 13,432 13,432 Ending balance as at March 31, 2020 2016 175,000 218,306 11,840 60,083 465,229 Beginning balance as at January 1, 2021 2017 292,250 776,416 13,867 55,106 1,137,639 Total comprehensive income for the period Profit for the period - - - 26,105 26,105 Ending balance as at March 31, 2021 2017 292,250 776,416 13,867 81,211 1,163,744 Notes to the interim financial statements form an intergral part of these statements STATEMENT OF CASH FLOWS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2017 Baht 2017 2016 Cash flows from operating activities Profit for the period 26,105 13,432 Allowance for doubtful account (reversal) (792) 13 Depreciation and amortization 3,899 1,173 Amortization of customer relationship 3,674 - Loss on devaluation of inventories 1,459 971 (Gain) loss on disposals of fixed assets - 219 Unrealized (gain) loss on exchange rate (1,465) 88 (Gain) loss on disposals of investment (1,170) 222 Unrealized (gain) loss on revaluation of temporary investments 813 (6,294) Interest income (5) (6) Dividend income - (89) Employee's benefit expenses 413 270 Income tax expense 4,923 3,614 Profit from operating before changes in operating assets and liabilities (Increase) decrease in operating assets 37,854 13,613 Trade and other receivables 26,592 (13,815) Finance lease receivables 1,455 - Unbilled receivables (2,868) (3,763) Inventories (25,872) 16,509 Other current assets 210 1,452 Other non-current assets (790) (184) Trade and other payables 27,765 (33,084) Other current liabilities (33) (2,246) Employee's benefit obligations (1,901) - Other non-current liabilities 687 219 Xxxx received (paid) from operating 63,099 (21,299) Income tax paid (538) (296) Net cash provided by (used in) operating activities 62,561 (21,595) Adjustment to reconcile profit (loss) for the period to net cash provided by (used in) operating activities : Increase (decrease) in operating liabilities Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF CASH FLOWS (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2017 Baht 2017 2016 Cash flows from operating investing activities Thousand Baht 2021 2020 Profit Cash receipts from temporary investments (72,158) 14,693 Cash payments for the period 28,423 17,643 Reconciliations deposit at financial institution used as collateral - (2,393) Cash payments for purchases of profit for the period to cash provided by equipment (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal448) (108200) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on Cash receipts from disposal of equipment - 443 Cash payments for purchase of intangible asset (3) 11 Unrealized (gain) loss on exchange rate (5,999672) (1,985) Employee benefit expense 235 226 Interest income (303) (172,880) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) received 5 3 Dividends received - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) 89 Net cash provided by (used in) operating investing activities 7,678 18,293 (73,273) 9,755 Net increase (decrease) in cash and cash equivalents (10,712) (11,840) Cash and cash equivalents at beginning of period 35,866 28,184 Cash and cash equivalents at end of period 25,154 16,344 Supplementaly disclosures of cash flows information : Non-Cash transaction Liabilities incurred from acquisition of fixed assets and intangible assets Liabilities incurred from acquisition of fixed assets and intangible assets as at January 1, 670 - Inventories transferred to fixed asset (107) - Add Purchases of fixed assets and intangible assets 926 3,952 Less Cash payments (1,120) (3,080) Liabilities incurred from acquisition of fixed assets and intangible assets as at March 31, 369 872 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of propertystatements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED NOTES TO THE INTERIM FINANCIAL STATEMENTS MARCH 31, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,618) Net cash used in financing activities (5,471) (7,631) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)2017

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Samples: Harn Engineering Solutions

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 Emphasis of Matter I draw attention to Note 3.2 to the interim financial statements. Due to the impact of COVID- 19 pandemic, in preparing the interim financial information for the three-month and six-month period ended June 30, 2020, the Company and its subsidiaries have adopted the Accounting Guidance on “Temporary relief measures on accounting alternatives in response to the impact of the COVID-19 situation” announced by the Federation of Accounting Professions. My conclusion is not modified in respect of this matter. Dharmniti Auditing Company Limited Bangkok, Thailand May August 13, 2021 2020 (Mr. Thanawut PiboonsawatMiss Chotima Kitsirakorn) Certified Public Accountant Registration No. 6699 7318 "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION AS AT JUNE 30, 2020 ASSETS In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at March June As at December Note As at June As at December Notes 30, 2020 31, 2021 2019 30, 2020 31, 2020 Current assets 2019 7 8 19 6 100,917 - 212,487 11,101,952 297,700 - 18,896 80 5,072 11,737,104 65,928 85 263,052 11,834,385 277,200 - 27,958 - 5,104 12,473,712 60,032 - 1,107,989 8,231,269 297,700 1,159,454 14,380 80 - 10,870,904 42,486 85 1,107,333 8,712,082 277,200 1,228,245 20,443 - - 11,387,874 11 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 Current investment Trade and other current receivables 4.3, 5 170,240 149,479 Inventories 6 144,223 115,779 Real estate projects under development Deposits for land Short-term loans to related parties Current tax assets Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - Other current assets 1,291 496 Total current assets 549,590 526,492 NonNON-current assets Restricted deposits with financial institution 8 3,027 3,025 CURRENT ASSETS Deposits at banks used as collateral Investments in subsidiaries Investment properties Property, plant and equipment 10 232,567 223,434 Right-of-use assets 11 72,568 72,771 Prepaid rental expenses Leasehold rights Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Rental deposit Other non-current assets 552 467 Total non-current assets 324,897 316,390 TOTAL ASSETS 874,487 842,882 476,756 - 419,894 381,424 551,236 114,978 1,487,714 11,841 74,658 - 48,496 3,566,997 15,304,101 300,018 - 419,880 411,897 - 119,228 1,375,505 13,965 71,764 60,000 33,353 2,805,610 15,279,322 453,717 316,000 375,624 356,271 545,027 114,978 1,487,714 9,940 34,459 - 32,446 3,726,176 14,597,080 294,008 313,000 375,610 370,194 - 119,228 1,375,505 11,811 30,776 60,000 25,109 2,975,241 14,363,115 13 6 Notes to the interim financial statements form an integral part of these interim financial statements. As at March As at December Note 31"UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION (CONT.) AS AT JUNE 30, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 Total current liabilities 121,338 114,553 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions for employee benefit 5,194 4,959 Total non-current liabilities 66,980 70,583 TOTAL LIABILITIES 188,318 185,136 Notes to the interim financial statements form an integral part of these interim financial statements. As at March As at December Note 31, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 Unappropriated 74,749 46,326 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Note Thousand Baht 2021 2020 (Restated) (Note 20) Revenues Revenues from sale 184,825 161,916 Other income 4.4 4,525 3,180 Total revenues 189,350 165,096 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 Administrative expenses 4.4 15,827 15,744 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 Profit before income tax expense 35,438 22,404 Income tax expense 19 7,015 4,761 Profit for the period 28,423 17,643 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net cash provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,618) Net cash used in financing activities (5,471) (7,631) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)2020

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Samples: a.listedcompany.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 COMPARATIVE STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2011 I have previously audited the financial statements for the year ended December 31, 2011 of Hot Pot Public Company Limited in accordance with generally accepted auditing standards and expressed an unqualified opinion on those statements in my report dated February 28, 2012. The statement of financial position as at December 31, 2011, presented herewith for comparative purposes, was a part of the financial statements referred to above. I have not performed any auditing procedures since that date. Dharmniti Auditing Company Limited Bangkok, Thailand May 13August 9, 2021 2012 2012/856/0250 (Mr. Thanawut PiboonsawatXxxx Xxxxxxx Xxxxxxx-Xxxxxxxx) Certified Public Accountant Registration No. 6699 4996 ASSETS Thousand Baht Note As at March June 30, 2012 As at December Note 31, 2021 31, 2020 Current assets 2011 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 5 14,714,690 17,883,604 Trade and other current receivables 4.3, 5 170,240 149,479 accounts receivable 6 1,710,304 1,821,983 Other accounts receivable 10,410,970 7,965,418 Inventories 6 144,223 115,779 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - 27,345,535 41,040,674 Other current assets 1,291 496 Total current assets 549,590 526,492 Non8 35,958,044 31,996,682 TOTAL CURRENT ASSETS 90,139,543 100,708,361 NON-current assets Restricted deposits with financial institution 8 3,027 3,025 CURRENT ASSETS Property, plant and equipment 9 428,344,944 385,431,137 Leasehold rights 10 232,567 223,434 Right-of-use 105,476,686 113,112,081 Intangible assets 11 72,568 72,771 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non8,999,205 9,965,061 Refundable deposits and others 23 98,302,063 91,816,822 TOTAL NON-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 552 467 Total non-current assets 324,897 316,390 CURRENT ASSETS 641,122,898 600,325,101 TOTAL ASSETS 874,487 842,882 731,262,441 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. statements LIABILITIES AND SHAREHOLDERS' EQUITY Baht CURRENT LIABILITIES Note As at March June As at December Note 30, 2012 31, 2021 31, 2020 Current liabilities Short-term loans 2011 Bank overdrafts from financial institutions 12 15,830,185 5,749,636 Trade accounts payable 125,002,985 183,645,143 Other accounts payable 60,765,983 50,618,367 Account payable - purchase of assets from Daidomon 25.1, 25.2 - 33,740,104 Account payable - leasehold from financial institution 25.4 80,758,412 88,435,911 Asset purchased payable 20,236,974 14,111,535 Current portion of liability under hire-purchase contract 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 5,786,289 2,639,665 Current portion of long-terms term loans from related parties 4, 14 27,170,984 27,170,984 Current portion of long-term loan from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate 49,519,550 37,500,000 Accrued corporate income tax 8,284,465 2,264,610 Account payable 2,873 1,638 Total - the Revenue Department 4,771,144 5,184,596 Other current liabilities 121,338 114,553 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions for employee benefit 5,194 4,959 Total non-current liabilities 66,980 70,583 4,827,205 5,195,488 TOTAL CURRENT LIABILITIES 188,318 185,136 402,954,176 456,256,039 Notes to the interim financial statements form an integral part of these interim financial statements. statements LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Baht As at March June As at December Note 30, 2012 31, 2021 31, 2020 Shareholders2011 NON-CURRENT LIABILITIES Liability under hire-purchase contract 13 11,726,733 5,839,076 Long-term loan from financial institution 15 69,862,000 26,384,550 Employee benefit obligations 16 1,898,788 1,756,543 Assets retirement obligation 10,499,988 8,569,153 TOTAL NON-CURRENT LIABILITIES 93,987,509 42,549,322 TOTAL LIABILITIES 496,941,685 498,805,361 SHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 406,000,000 ordinary shares, shares of Baht 0.50 0.25 each 220,000 220,000 17 101,500,000 101,500,000 Issued and paid-up share capital 440,000,000 344,615,360 ordinary shares, shares of Baht 0.50 0.25 each 220,000 220,000 17 86,153,840 86,153,840 Share premium on ordinary shares 17 49,646,160 49,646,160 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 19 3,859,935 - Unappropriated 74,749 46,326 94,660,821 66,428,101 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 234,320,756 202,228,101 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 731,262,441 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. statements THE STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIODS ENDED JUNE 31, 2012 AND 2011 Revenues Note Thousand Baht 2021 2020 (Restated) (Note 20) Revenues 2012 2011 Revenues from sale 184,825 161,916 the sales of goods 471,823,964 366,265,928 Other income 4.4 4,525 3,180 10,528,923 3,314,459 Total revenues 189,350 165,096 482,352,887 369,580,387 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 of goods 201,723,931 164,382,940 Selling expenses 223,414,996 155,185,108 Administrative expenses 4.4 15,827 15,744 23,542,665 17,369,629 Directors and management benefit expenses 4 3,784,379 2,984,855 Loss from branches closing and renovation 9 30,765 685,717 Finance costs 4 2,946,486 1,675,572 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 455,443,222 342,283,821 Profit before income tax expense 35,438 22,404 26,909,665 27,296,566 Income tax expense 19 7,015 4,761 21 5,587,600 8,435,830 Profit for the period 28,423 17,643 Other comprehensive income 21,322,065 - 18,860,736 - Comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Baht) 21,322,065 18,860,736 Basic earnings per share 20 Net profit (Baht per share) 22 0.06 0.09 0.08 Notes to the interim financial statements form an integral part of these interim financial statements. Issued statements THE STATEMENTS OF COMPREHENSIVE INCOME FOR THE SIX-MONTH PERIODS ENDED JUNE 31, 2012 AND 2011 Revenues Note Baht 2012 2011 Revenues from the sales of goods 926,226,397 698,040,361 Other income 19,293,876 7,498,248 Total revenues 945,520,273 705,538,609 Expenses Cost of sales of goods 407,313,269 310,390,019 Selling expenses 435,533,684 296,910,360 Administrative expenses 47,696,876 31,760,175 Directors and Share premium Thousand Baht Retained earnings management benefit expenses 4 7,423,758 6,711,620 Loss from branches closing and renovation 9 1,204,918 1,198,588 Finance costs 4 5,831,031 4,125,558 Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive expenses 905,003,536 651,096,320 Profit before income for the period tax 40,516,737 54,442,289 Income tax 21 8,424,082 16,676,280 Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total Other comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 32,092,655 - 37,766,009 - Notes to the interim financial statements form an integral part of these statements THE STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2012 AND 2011 Note Common shares Preferred shares Legal reserve Unappropriated Total Beginning balance, as at January 1, 2012 86,153,840 - 49,646,160 - 66,428,101 202,228,101 Legal reserve 19 - - - 3,859,935 (3,859,935) - Comprehensive profit for the period - - - - 32,092,655 32,092,655 Ending balance, as at June 30, 2012 86,153,840 - 49,646,160 3,859,935 94,660,821 234,320,756 Beginning balance, as at January 1, 2011 as previously reported 56,000,000 860,000 - - 27,542,064 84,402,064 Adjustment The cumulative effect of change in accounting policy on employee benefits - - - - (1,005,443) (1,005,443) Balance as at January 1, 2011 - after adjusted 56,000,000 860,000 - - 26,536,621 83,396,621 Increase of share capital 17 29,293,840 - - - - 29,293,840 Surplus of common stocks 17 - - 49,646,160 - - 49,646,160 Comprehensive profit for the period - - - - 37,766,009 37,766,009 Ending balance, as at June 30, 2011 85,293,840 860,000 49,646,160 - 64,302,630 200,102,630 Issued and paid- up share capital Baht Share premium Retained earnings Notes to interim financial statements. statements form an integral part of these statements THE STATEMENTS OF CASH FLOWS FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2012 AND 2011 Baht 2012 2011 Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of 32,092,655 37,766,009 Adjustment to reconcile profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net net cash provided by (used in) operating activities 7,678 18,293 : Allowance for doubtful account (reversal) (90,000) - Depreciation and amortization 63,983,073 39,461,285 Loss from branches closing and renovation 1,204,918 1,198,588 (Gain) loss on sale of fixed assets (1,610,724) (369,011) Interest incomes (91,617) (86,010) Employee benefit 448,395 375,550 Cost of asset dismantlement 128,378 - Interest expenses 5,831,031 4,125,558 Income tax 8,424,082 16,676,280 Profit from before changes in operating assets and liabilities 110,320,191 99,148,249 (Increase) decrease in operating assets Trade accounts receivable 201,679 47,377 Inventories 13,695,139 3,748,488 Other accounts receivable and other current assets (584,451) (2,008,604) Increase (decrease) in operating liabilities Trade accounts payable (58,642,158) (8,743,791) Other accounts payable 10,147,616 5,177,476 Other current liabilities (781,735) (2,493,834) Xxxx received from operating 74,356,281 94,875,361 Interest income received 91,617 86,010 Employee benefit paid (306,150) - Income tax paid (2,404,227) (9,009,048) Net cash provided by operating activities 71,737,521 85,952,323 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand statements Baht 2021 2020 2012 2011 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments paid for purchase of property, plant and equipment (29,75587,374,927) (8,79865,411,730) Xxxx received for sale of equipment 1,011,682 448,131 Cash paid for leasehold rights (509,039) - Cash received for sale of leasehold rights 2,336,449 - Cash paid for intangible assets (1,378,262) (1,794,852) Xxxx paid for refundable deposits and others (6,695,241) (13,284,799) Cash receipts paid to purchase the assets of Daidomon (33,740,104) - Xxxx paid to account payable-leasehold from disposal of equipment 59 financial institution (6,655,768) - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790133,005,210) (9,16680,043,250) Cash flows from financing activities Increase (decrease) in shortbank overdrafts from financial institutions 10,080,549 (1,855,914) Cash paid to liability under financial lease contract - (324,239) Cash paid to liability under hire-purchase contract (1,950,719) (673,759) Cash paid to long-term loan from related persons - (2,500,000) Cash paid to long-term loan from related parties - (83,940,000) Xxxx received for long-term loan from financial institutions (884) 3,538 institution 71,122,000 53,379,549 Cash payments for paid to long-term loans loan from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,46115,625,000) (2,99549,414,642) Interest expense Xxxx received from issued ordinary shares - 78,940,000 Cash paid to interest expenses (1,1265,528,055) (2,6184,049,987) Net cash provided by (used in in) financing activities 58,098,775 (5,471) (7,63110,438,992) Net increase (decrease) in cash and cash equivalents (27,5833,168,914) 1,496 (4,529,919) Cash and cash equivalents - at beginning of period 110,738 4,900 17,883,604 20,702,881 Cash and cash equivalents - ending at end of period 83,155 6,396 Supplement disclosure for 14,714,690 16,172,962 Additional disclosures of cash flows informationinformation : 1. Reconciliation The Company acquired fixed assets by means of cash paid for - Liabilities under hire-purchase contracts 10,985,000 3,554,832 Notes to interim financial statements form an integral part of propertythese statements NOTES TO INTERIM FINANCIAL STATEMENTS JUNE 30, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)2012

Appears in 1 contract

Samples: Termination Agreement

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. *****/2 EMPHASIS OF MATTER I draw attention to the following notes to the interim financial statements as mentioned in Note 2.3 in relation to the restatement of prior period’s financial statements, the Company restated the statements of comprehensive income, cash flows and changes in shareholders’ equity for the three-month periods ended March 31, 2021 presented as comparative figures. The restatement reflects the adjustments and use of accounting policy with respect to revenue recognition on construction contracts. My conclusion is not modified in respect of these matters. Dharmniti Auditing Company Limited Bangkok, Thailand May 13, 2021 2022 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 6699 4752 ASSETS In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December Note As at March As at December Notes 31, 2022 31, 2021 31, 2020 Current assets 2022 31, 2021 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 5 38,665 52,942 1,446 29,689 Trade and other current receivables 4.34, 5 170,240 149,479 Inventories 6 144,223 115,779 Other current financial 353,278 408,604 210,856 237,712 Contract assets 7 150,000 150,000 Derivative assets 21 681 2,525,085 2,285,558 732,634 745,771 Short-term loans to related parties 4 20,068 21,200 - - Advances paid to subcontractors under construction contracts 4 349,169 380,783 19,390 39,095 Inventories 8 1,608 1,608 1,608 1,608 Withholding tax deducted at source 80,872 69,110 53,611 44,804 Other current assets 1,291 496 36,062 23,835 12,000 9,443 Total current assets 549,590 526,492 Non3,404,807 3,243,640 1,031,545 1,108,122 NON-current assets CURRENT ASSETS Restricted deposits with financial institution 8 3,027 3,025 at banks 9 31,961 31,960 29,111 29,110 Long-term loans to related parties 4 - - - - Investments in subsidiaries 10 - - 477,372 477,372 Investments in associates 11 - - - - Investments in joint ventures 12 133,758 138,889 109,375 109,375 Property, plant and equipment 10 232,567 223,434 13 606,571 619,142 580,458 592,513 Right-of-use assets 11 72,568 72,771 14 16,439 18,465 11,298 12,464 Intangible assets 12 4,795 4,870 10,682 11,179 10,530 11,013 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 26,167 27,304 19,395 19,061 Other non-current assets 552 467 4,708 4,754 1,518 1,564 Total non-current assets 324,897 316,390 830,286 851,693 1,239,057 1,252,472 TOTAL ASSETS 874,487 842,882 4,235,093 4,095,333 2,270,602 2,360,594 Notes to the interim financial statements form an integral part of these interim financial statements. CURRENT LIABILITIES In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December Note As at March As at December Notes 31, 2022 31, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade 2022 31, 2021 Bank overdrafts and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 Total current liabilities 121,338 114,553 Non-current liabilities Longshort-term loans from financial institutions 15 3,333 8,333 805,130 796,617 401,363 373,158 Trade and other current payables 4, 16 824,758 780,522 340,066 393,726 Unbilled payable 1,041,403 839,728 250,859 196,380 Contract liabilities 7 821,592 910,993 170,063 217,872 Short-term loans from related person or parties Accounts payable - retention under construction contracts 4 32,000 213,071 - 229,606 655,886 26,578 693,000 27,813 Provision for liabilities under construction projects 17 68,497 75,994 59,963 59,226 Current portion of lease liabilities 18 11,688 13,052 6,949 7,349 Income tax payable 1,601 1,278 - - Other current liabilities 6,496 7,769 12,245 16,016 Total current liabilities 3,826,236 3,655,559 1,923,972 1,984,540 NON-CURRENT LIABILITIES Lease liabilities 4.3, 16 58,453 57,291 18 7,121 8,212 5,953 6,763 Non-current provisions for employee benefit 5,194 4,959 benefits 19 63,058 61,266 37,939 37,049 Provision for litigation 24 2,494 2,494 2,494 2,494 Total non-current liabilities 66,980 70,583 72,673 71,972 46,386 46,306 TOTAL LIABILITIES 188,318 185,136 3,898,909 3,727,531 1,970,358 2,030,846 Notes to the interim financial statements form an integral part of these interim financial statements. In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December Note As at March As at December Notes 31, 2022 31, 2021 31, 2020 Shareholders' equity 2022 31, 2021 Share capital Authorized share capital 440,000,000 Registered 9,587,146,838 ordinary shares, shares of Baht 0.50 0.125 each 220,000 220,000 1,198,393 1,198,393 1,198,393 1,198,393 Issued and paid-up share capital 440,000,000 9,587,146,838 ordinary shares, shares of Baht 0.50 0.125 each 220,000 220,000 1,198,393 1,198,393 1,198,393 1,198,393 Share premium on ordinary shares - - - - Other deficit (2,956) (2,956) - - Retained earnings (deficit) Appropriated 378,757 378,757 Legal - statutory reserve 17 12,663 12,663 The Company - - - - Subsidiary 4,108 4,108 - - Unappropriated 74,749 46,326 TOTAL SHAREHOLDERS(849,253) (816,251) (898,149) (868,645) Other components of shareholders' EQUITY 686,169 657,746 equity 17,777 16,118 - - Equity attributable to owners of the Company 368,069 399,412 300,244 329,748 Non-controlling interests of the subsidiaries (31,885) (31,610) - - Total shareholders' equity 336,184 367,802 300,244 329,748 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 4,235,093 4,095,333 2,270,602 2,360,594 Notes to the interim financial statements form an integral part of these interim financial statements. Note Thousand Baht Notes 2022 2021 2020 (Restated) 2022 2021 (Note 20Restated) Revenues Revenues from sale 184,825 161,916 REVENUES 4 Construction services income 833,869 1,151,673 288,622 560,802 Other service income 1,318 6,566 - - Sales income 1,600 235 - - Interest income 320 - - - Other income 4.4 4,525 3,180 3,597 8,157 5,009 10,529 Total revenues 189,350 165,096 Expenses 840,704 1,166,631 293,631 571,331 EXPENSES Cost of construction services 4 784,277 1,204,790 261,642 650,502 Cost of other services 939 3,204 - - Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 1,222 131 - - Administrative expenses 4.4 15,827 15,744 71,308 61,838 50,777 47,910 Total expenses 152,514 139,978 857,746 1,269,963 312,419 698,412 Profit (loss) from operationg operating activities 36,836 25,118 (17,042) (103,332) (18,788) (127,081) Finance costs 4.4 1,398 2,714 cost 4 (9,799) (7,454) (11,049) (9,419) Share of profit (loss) from investments in joint ventures 12.2 (4,898) (1,309) - - Profit (loss) before income tax expense 35,438 22,404 expenses (31,739) (112,095) (29,837) (136,500) Income tax expense 19 7,015 4,761 Profit for the period 28,423 17,643 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Bahtexpenses) Basic earnings per share 20 0.06 0.09 (1,706) 1,601 333 12,642 PROFIT (LOSS) FOR THE PERIOD (33,445) (110,494) (29,504) (123,858) Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital Notes 2022 2021 (Restated) 2022 2021 (Restated) Other comprehensive income: Components of other comprehensive income to be reclassified to profit or loss Exchange differences on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 translation of financial statements in foreign currency 1,827 (977) - - Components of other comprehensive income not to be reclassified to profit or loss Actuarial gains - 17,643 17,643 100,000 net of income tax - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 22,025 - 30,929 Other comprehensive income for the period - net of income tax 1,827 21,048 - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 30,929 Total comprehensive income for the period (31,618) (89,446) (29,504) (92,929) Profit for (loss) attributable to: Equity holders of the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Company (33,002) (110,052) (29,504) (123,858) Non-controlling interests of the subsidiaries (443) (442) - - (33,445) (110,494) (29,504) (123,858) Total comprehensive income for attributable to: Equity holders of the period Company (31,343) (89,866) (29,504) (92,929) Non-controlling interests of the subsidiaries (275) 420 - - (31,618) (89,446) (29,504) (92,929) Earnings per share 21 Basic earnings (loss) per share Profit for (loss) attributable to equity holders of the period Ending balance as at March 31, 2021 Company (Baht per share) (0.0034) (0.0115) (0.0031) (0.0129) Notes to the interim financial statements form an integral part of these statements. " UNAUDITED" " REVIEWED " Issued and TRC CONSTRUCTION PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2022 In Thousand Baht Consolidated financial statements Equity attributable to the parent's shareholders Other dificit Retained earnings (deficit) Other components of equity Equity attributable Total Total equity to non-controlling shareholders' paid-up Deficit on Total Appropriated - Statutory reserve Unappropriated Other comprehensive income Total other attributable to interests of equity Balance as at January 1, 2021 Profit (loss) for the period - Restated Other comprehensive income for the period Total comprehensive income for the period Balance as at March 31, 2021 - Restated Balance as at January 1, 2022 Profit (loss) for the period Other comprehensive income for the period Total comprehensive income for the period Balance as at March 31, 2022 of investment in subsidiaries on translation of financial statements in foreign currency comprehensive income from associate shareholders' equity the Company 1,198,393 (2,956) (2,956) - 4,108 (780,890) 16,493 900 17,393 436,048 (29,016) 407,032 - - - - - (110,052) - - - (110,052) (442) (110,494) - - - - - 22,025 (1,839) - (1,839) 20,186 862 21,048 - - - - - (88,027) (1,839) - (1,839) (89,866) 420 (89,446) 1,198,393 (2,956) (2,956) - 4,108 (868,917) 14,654 900 15,554 346,182 (28,596) 317,586 1,198,393 (2,956) (2,956) - 4,108 (816,251) 15,218 900 16,118 399,412 (31,610) 367,802 - - - - - (33,002) - - - (33,002) (443) (33,445) - - - - - - 1,659 - 1,659 1,659 168 1,827 - - - - - (33,002) 1,659 - 1,659 (31,343) (275) (31,618) 1,198,393 (2,956) (2,956) - 4,108 (849,253) 16,877 900 17,777 368,069 (31,885) 336,184 share capital revaluation other deficit The Company Subsidiary Exchange differences Share of other components of shareholders of the subsidiaries Notes to interim financial statements form an integral part of these statements. " UNAUDITED" " REVIEWED " TRC CONSTRUCTION PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2022 In Thousand Baht Separate financial statements Issued and Retained earnings (deficit) Total paid-up share capital Appropriated - Statutory reserve Unappropriated shareholders' equity Balance as at January 1, 2021 1,198,393 - (759,631) 438,762 Profit (loss) for the period - Restated - - (123,858) (123,858) Other comprehensive income for the period - - 30,929 30,929 Total comprehensive income for the period - - (92,929) (92,929) Balance as at March 31, 2021 - Restated 1,198,393 - (852,560) 345,833 Balance as at January 1, 2022 1,198,393 - (868,645) 329,748 Profit (loss) for the period Other comprehensive income for the period - - (29,504) - - - (29,504) - Total comprehensive income for the period - - (29,504) (29,504) Balance as at March 31, 2022 1,198,393 - (898,149) 300,244 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2022 2021 2022 2021 (Restated) (Restated) Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of (loss) before tax (31,739) Adjustments to reconcile profit for the period (loss) before tax (112,095) (29,837) (136,500) to net cash provided by (used inpaid from) operating activities: activities Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses amortisation 17,104 18,540 15,039 15,087 Unrealised (reversalgain) loss on exchange rate 7 (10821) 7 (8521) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (333) 11 Unrealized (gain94) - (93) (Gain) loss on exchange rate from cancellation of lease agreement - (5,99952) - (1,98566) Employee benefit expense 235 226 Share of (profit) loss from investments in joint venture 5,131 1,236 - - Provision for liabilities under construction projects 1,500 138,466 1,500 138,466 Non-current provisions for employee benefits 3,573 3,284 2,671 2,317 Interest income (303320) - - - Interest expenses 9,799 7,454 11,049 9,419 Profit (17loss) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by from operating activities before changes in operating assets and liabilities 41,550 35,966 5,022 56,730 429 28,621 (Increase) decrease in operating assets Trade and other current receivables 55,646 (4,48261,741) 26,856 (48,405) Contract assets (239,527) (18,754379,275) 13,137 (137,835) Advance paid to subcontractors under construction contracts 31,614 119,015 19,705 129,186 Inventories - (28,19620,353) 12,431 - - Other current assets (79512,227) (1528,153) Deferred molds (3692,557) 1,131 Other non-current assets (924,734) - Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2022 2021 (Restated) 2022 2021 (Restated) Increase (decrease) in operating liabilities Trade and other current payables 5,032 48,483 152,220 (8,02042,265) 48,619 Unbilled payables 201,675 186,437 54,479 62,318 Contract liabilities (89,401) (36,674) (47,809) (83,300) Accounts payable - retention under construction contracts (16,535) 19,316 (1,235) 6,880 Other current liabilities (1,273) (4,239) (3,771) (5,567) Cash received flows from operations 12,648 22,602 Income tax expense provide by (used in) operating activities (16,477) 22,593 17,015 (4,209) Xxxx paid for provision for liabilities under construction projects (4,9708,997) (4,309126,391) (763) (77,190) Cash paid for non-current provision for employee benefits (1,781) (2,600) (1,781) - Cash paid for income tax (12,071) (17,952) (8,807) (11,519) Received from withholding tax refund 63 6,522 - - Net cash flows provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 (39,263) (117,828) 5,664 (92,918) Cash flows from investing activities Decrease (Increaseincrease) decrease in restricted deposit with financial institution deposits at banks (21) 28,996 (8) 1) 28,996 Decrease (increase) in short-term loans to related parties 1,132 - - - Cash payments paid for investing in subsidiaries - - - (300) Xxxx received from disposal of equipment 33 96 - 93 Cash paid for purchase of property, plant and equipment (29,7555,185) (8,79827,771) (5,081) (25,518) Cash receipts from disposal of equipment 59 - Cash payments paid for purchase of intangible asset assets (102133) (36879) Interest income received 10 8 (133) (30) Net cash flows provided by (used in in) investing activities (29,7904,154) 1,242 (9,1665,215) 3,241 Cash flows from financing activities Increase (decrease) in bank overdrafts and short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution institutions 8,513 96,351 28,205 42,702 Cash receive from short-term loans from person or related parties 32,000 - 49,500 114,000 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2022 2021 (Restated) 2022 2021 (Restated) Cash paid for short-term loans from person or related parties - - (5,556100,000) Cash payments for repayment of (28,000) Interest expenses (9,393) (7,009) (4,539) (3,303) Decrease in lease liabilities (3,4613,807) (2,995) Interest expense paid (1,1264,084) (2,6181,858) (2,536) Net cash flows provided by (used in in) financing activities 27,313 85,258 (5,47128,692) 122,863 Increase (7,631decrease) in translation adjustment 1,827 (977) - - Net increase (decrease) in cash and cash equivalents (27,58314,277) 1,496 (32,305) (28,243) 33,186 Cash and cash equivalents - at the beginning of the period 110,738 4,900 52,942 89,785 29,689 2,248 Cash and cash equivalents - ending at the end of the period 83,155 6,396 Supplement disclosure for 38,665 57,480 1,446 35,434 Supplemental cash flows information: 1. Reconciliation information Non-cash items consist of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant fixed assets and equipment intangible assets that have yet to be paid (29,7554,383) (8,798)7,180) (4,345) (5,497) Lease liabilities 1,075 7,877 466 7,877 Notes to interim financial statements form an integral part of these statements. NOTES TO INTERIM FINANCIAL STATEMENTS MARCH 31, 2022

Appears in 1 contract

Samples: TRC Construction Public Company

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 1312, 2021 2023 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 ASSETS Thousand Baht As at March As at December Note 31, 2021 2023 31, 2020 2022 Current assets Cash and cash equivalents 83,155 110,738 7,528 30,956 Trade and other current receivables 4.3, 5 170,240 149,479 178,292 163,958 Inventories 6 144,223 115,779 237,420 241,093 Other current financial assets asset 7 150,000 150,000 1 1 Derivative assets 21 681 20 1,049 - Current tax assets 6,014 6,547 Other current assets 1,291 496 9,299 6,583 Total current assets 549,590 526,492 439,603 449,138 Non-current assets Restricted deposits with financial institution 8 3,027 3,025 Property, plant and equipment 10 232,567 223,434 9 529,150 520,010 Right-of-use assets 11 72,568 72,771 10 56,288 56,840 Intangible assets 12 4,795 4,870 11 5,586 5,283 Deferred tax assets 3,601 4,405 5,841 6,618 Deferred molds 6,587 6,218 4,919 4,805 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 8 3,102 3,096 Other non-current assets 552 467 545 568 Total non-current assets 324,897 316,390 605,431 597,220 TOTAL ASSETS 874,487 842,882 1,045,034 1,046,358 Notes to the interim financial statements form an integral part of these interim financial statements. As at March As at December Note 31, 2021 2023 31, 2020 2022 Current liabilities Short-term loans from financial institutions 13 - 3,146 12 44,577 3,423 Trade and other current payables 4.3, 14 88,978 82,909 13 116,438 156,880 Derivative liabilities 21 - 3,500 20 718 5,642 Current portion of long-terms loans from financial institution 15 16,667 11,667 14 13,200 9,900 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 15 13,234 12,758 Total current liabilities 121,338 114,553 188,167 188,603 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 14 44,135 47,435 Lease liabilities 4.3, 16 58,453 57,291 15 45,267 46,516 Non-current provisions for employee benefit 5,194 4,959 7,704 7,375 Total non-current liabilities 66,980 70,583 97,106 101,326 TOTAL LIABILITIES 188,318 185,136 285,273 289,929 Notes to the interim financial statements form an integral part of these interim financial statements. As at March As at December Note 31, 2021 2023 31, 2020 2022 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 16 22,000 22,000 Unappropriated 74,749 46,326 139,004 135,672 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 759,761 756,429 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 1,045,034 1,046,358 Notes to the interim financial statements form an integral part of these interim financial statements. STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2023 Revenues Note Thousand Baht 2021 2020 (Restated) (Note 20) Revenues 2023 2022 Revenues from sale 184,825 161,916 232,457 199,942 Gain on exchange rates 1,260 1,352 Other income 4.4 4,525 3,180 706 329 Total revenues 189,350 165,096 234,423 201,623 Expenses Cost of sales 4.4 128,964 117,683 198,508 153,421 Distribution costs 4.4 7,723 6,551 9,854 8,582 Administrative expenses 4.4 15,827 15,744 20,402 17,461 Total expenses 152,514 139,978 228,764 179,464 Profit from operationg activities 36,836 25,118 5,659 22,159 Finance costs 4.4 1,398 2,714 1,550 1,260 Profit before income tax expense 35,438 22,404 Income tax 4,109 20,899 Tax expense 19 7,015 4,761 18 777 4,205 Profit for the period 28,423 17,643 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 3,332 16,694 - - 3,332 16,694 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 19 0.01 0.04 Notes to the interim financial statements form an integral part of these interim financial statements. STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2023 Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital sharescapital on ordinary shares ordinaryshares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 shareholders'equity 220,000 378,757 19,897 119,374 738,028 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 16,694 16,694 220,000 378,757 12,663 46,326 657,746 19,897 136,068 754,722 220,000 378,757 22,000 135,672 756,429 - - - 28,423 28,423 3,332 3,332 220,000 378,757 12,663 74,749 686,169 22,000 139,004 759,761 Beginning balance as at January 1, 2020 2022 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 2022 Beginning balance as at January 1, 2021 2023 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 2023 Notes to the interim financial statements form an integral part of these interim financial statements. STATEMENTS OF CASH FLOWS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2023 Thousand Baht 2023 2022 Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 3,332 16,694 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 16,195 13,608 Bad debt and expected credit losses (reversal) (10835) (85) 514 Loss on declining in value of inventories (reversal) 1,061 (248492) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss gain on exchange rate (5,9995,387) (1,985784) Employee benefit expense 235 226 329 313 Interest income (30316) (17103) Interest expense 1,125 2,596 Income tax 1,364 1,097 Tax expense 7,015 4,761 Profit provided by operating activities before 777 4,205 changes in operating assets and liabilities 41,550 35,966 17,620 35,052 (Increase) decrease in operating assets Trade and other current receivables (4,48215,662) (18,75425,540) Inventories (28,196) 12,431 2,612 15,951 Other current assets 3,831 (795) (152333) Deferred molds (369114) 1,131 (52) Other non-current assets (92) - Increase (decrease) in operating liabilities (2) (802) Trade and other current payables 5,032 (8,02017,711) (7,679) Cash received (paid) from operations 12,648 22,602 (9,426) 16,597 Income tax expense paid (4,9705,990) (4,3094,951) Net cash provided by (used in) operating activities 7,678 18,293 (15,416) 11,646 Notes to the interim financial statements form an integral part of these interim financial statements. STATEMENTS OF CASH FLOWS (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2023 Thousand Baht 2021 2020 2023 2022 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,75543,401) (8,79817,458) Cash receipts from disposal payments for purchase of equipment 59 right-of-use assets (890) - Cash payments for purchase of intangible asset (102535) (368824) Increase in non-current non-cash financial asset pledged as collateral (5) - Interest income received 10 8 - 15 Net cash used in investing activities (29,79044,831) (9,16618,267) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions 41,154 (8848,040) 3,538 Cash payments for long-term loans from financial institution - (5,5565,000) Cash payments for repayment of lease liabilities (3,4613,267) (2,9953,431) Interest expense paid (1,1261,068) (2,6181,108) Net cash provided by (used in in) financing activities 36,819 (5,471) (7,63117,579) Net increase (decrease) in cash and cash equivalents (27,58323,428) 1,496 (24,200) Cash and cash equivalents - beginning of period 110,738 4,900 30,956 99,104 Cash and cash equivalents - ending of period 83,155 6,396 7,528 74,904 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798):

Appears in 1 contract

Samples: sft.listedcompany.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 13November 9, 2021 2020 (Mr. Thanawut PiboonsawatMiss Roongnapha Saengchan) Certified Public Accountant Registration No. 6699 10142 ASSETS Thousand Baht As at March September As at December Note 30, 2020 31, 2021 31, 2020 2019 Notes (Reclassified) Current assets Cash and cash equivalents 83,155 110,738 6 131,728 708,144 Current investments - 1,387 Trade and other current receivables 4.3, 5 170,240 149,479 7 53,343 72,918 Accrued income from social security 74,884 79,827 Inventories 6 144,223 115,779 8 44,069 53,840 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 9 593,309 - Other current assets 1,291 496 Total current assets 549,590 526,492 897,333 916,116 Non-current assets Restricted deposits with Fixed deposit pledge as collateral 9 13,587 22,427 Other-non current financial institution 8 3,027 3,025 assets 9 129,333 171,666 Property, plant and equipment 10 232,567 223,434 747,868 756,589 Right-of-use assets 11 72,568 72,771 5,029 - Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 34,873 38,749 Other non-current assets 552 467 128 189 Total non-current assets 324,897 316,390 TOTAL ASSETS 874,487 842,882 930,818 989,620 Total assets 1,828,151 1,905,736 Notes to the interim financial statements form an integral part of these interim financial statements. LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at March September As at December Note 30, 2020 31, 2021 31, 2020 2019 Notes (Reclassified) Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 68,658 97,590 Accrued expenses 71,643 85,766 Current portion of lease liabilities 4.3, 16 12,820 11,693 15 3,775 - Corporate income tax payable 2,873 1,638 7,703 6,885 Other current liabilities 9,852 9,310 Total current liabilities 121,338 114,553 161,631 199,551 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 15 1,313 - Deferred tax liabilities 13 10,757 20,411 Non-current provisions provision for employee benefit 5,194 4,959 16 72,208 66,042 Total non-current liabilities 66,980 70,583 TOTAL LIABILITIES 188,318 185,136 84,278 86,453 Total liabilities 245,909 286,004 Notes to the interim financial statements form an integral part of these interim financial statements. As at March As at December Note 31, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 Unappropriated 74,749 46,326 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Note Thousand Baht 2021 2020 (Restated) (Note 20) Revenues Revenues from sale 184,825 161,916 Other income 4.4 4,525 3,180 Total revenues 189,350 165,096 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 Administrative expenses 4.4 15,827 15,744 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 Profit before income tax expense 35,438 22,404 Income tax expense 19 7,015 4,761 Profit for the period 28,423 17,643 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net cash provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,618) Net cash used in financing activities (5,471) (7,631) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798).

Appears in 1 contract

Samples: Aikchol Hospital

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 1314, 2021 2024 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 2 SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2024 ASSETS Thousand Baht As at March As at December Note 31, 2021 2024 31, 2020 2023 Current assets Cash and cash equivalents 83,155 110,738 11,829 16,005 Trade and other current receivables 4.3, 5 170,240 149,479 206,560 188,582 Inventories 6 144,223 115,779 247,263 250,376 Other current financial assets asset 7 150,000 150,000 1 1 Derivative assets 21 681 20 1,253 - Current tax assets 4,551 16,069 Previous tax assets 16,069 - Other current assets 1,291 496 480 714 Total current assets 549,590 526,492 488,006 471,747 Non-current assets Restricted deposits with financial institution 8 3,027 3,025 Property, plant and equipment 10 232,567 223,434 8 545,118 557,871 Right-of-use assets 11 72,568 72,771 9 46,762 49,170 Intangible assets 12 4,795 4,870 10 4,887 5,118 Deferred tax assets 3,601 4,405 7,003 7,313 Deferred molds 6,587 6,218 5,826 5,986 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 11 3,964 3,961 Other non-current assets 552 467 737 810 Total non-current assets 324,897 316,390 614,297 630,229 TOTAL ASSETS 874,487 842,882 1,102,303 1,101,976 Notes to the interim financial statements form an integral part of these interim financial statements. SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2024 LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at March As at December Note 31, 2021 2024 31, 2020 2023 Current liabilities Short-term loans from financial institutions 13 - 3,146 12 82,660 72,440 Trade and other current payables 4.3, 14 88,978 82,909 13 118,773 126,669 Derivative liabilities 21 20 - 3,500 2,335 Current portion of long-terms loans from financial institution 15 16,667 11,667 institutions 14 20,838 19,583 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 15 10,351 11,733 Total current liabilities 121,338 114,553 232,622 232,760 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 14 59,711 65,129 Lease liabilities 4.3, 16 58,453 57,291 15 38,616 39,619 Non-current provisions for employee benefit 5,194 4,959 8,719 8,313 Total non-current liabilities 66,980 70,583 107,046 113,061 TOTAL LIABILITIES 188,318 185,136 339,668 345,821 Notes to the interim financial statements form an integral part of these interim financial statements. SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2024 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Thousand Baht As at March As at December Note 31, 2021 2024 31, 2020 2023 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 16 22,000 22,000 Unappropriated 74,749 46,326 141,878 135,398 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 762,635 756,155 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 1,102,303 1,101,976 Notes to the interim financial statements form an integral part of these interim financial statements. Note "UNAUDITED" "REVIEWED" SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2024 Thousand Baht 2021 2020 (Restated) (Note 20) 2024 2023 Revenues Revenues from sale 184,825 161,916 Gain on exchange rates Other income 4.4 4,525 3,180 Total revenues 189,350 165,096 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 Administrative expenses 4.4 15,827 15,744 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 Profit before income tax expense 35,438 22,404 Income tax Tax expense 19 7,015 4,761 Profit for the period 28,423 17,643 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net cash provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,618) Net cash used in financing activities (5,471) (7,631) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)240,062 2,514 589 243,165 232,457 1,260 706 234,423 Note

Appears in 1 contract

Samples: sft.listedcompany.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 1314, 2021 2024 (Mr. Thanawut PiboonsawatMiss Xxxxxxx Xxxxxxxxxxxx) Certified Public Accountant Registration No. 6699 6838 "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2024 ASSETS In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Note 31, 2021 2024 31, 2020 Current assets 2023 31, 2024 31, 2023 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 274,983 355,883 89,454 140,073 Trade accounts receivable from sales and other services - general companies 6 182,621 187,669 64,482 50,212 - related companies 5, 6 19,379 21,791 55,240 52,984 Other current receivables 4.3, - general companies 7,975 6,979 1,420 1,527 - related companies 5 170,240 149,479 11,160 1,582 278,437 260,441 Current contract assets 6.2 95,700 96,035 95,700 96,035 Inventories 6 144,223 115,779 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 265,887 318,614 59,790 41,654 Advance for purchase of inventories 13,789 15,646 13,421 14,514 Short-term loan to related companies 5 - - 60,707 59,707 Other current assets 1,291 496 49,996 43,317 9,948 6,364 Total current assets 549,590 526,492 Non-current assets Restricted deposits with financial institution 8 3,027 3,025 Property, plant and equipment 10 232,567 223,434 Right-of-use assets 11 72,568 72,771 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 552 467 Total non-current assets 324,897 316,390 TOTAL ASSETS 874,487 842,882 921,490 1,047,516 728,599 723,511 Notes to the interim financial statements form an integral part of these interim statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2024 ASSETS (CONT.) In Thousand Baht Consolidated financial statements. statements Separate financial statements As at March As at December As at March As at December Note 31, 2021 2024 31, 2020 Current liabilities Short2023 31, 2024 31, 2023 NON-term loans from financial institutions 13 - 3,146 CURRENT ASSETS Restricted deposit with bank 8 13,703 12,499 8,033 8,033 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 Total current liabilities 121,338 114,553 Nonnon-current liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Nonreceivables 67,327 75,105 67,327 75,105 Contract assets - provision for employee benefits 6,236 9,019 - - Other non-current provisions for employee benefit 5,194 4,959 financial assets 9 113,488 113,488 113,488 113,488 Investment - subsidiaries companies 10 - - 229,461 229,461 - associated companies 10 956,198 954,098 163,547 163,547 Property, plant and equipment 11 1,360,001 1,378,521 963,970 978,943 Right-of-use assets 56,492 54,710 7,564 4,067 Deferred tax assets 12 2,104 2,288 - - Other non-current assets 3,356 3,123 901 915 Total non-current liabilities 66,980 70,583 assets 2,578,905 2,602,851 1,554,291 1,573,559 TOTAL LIABILITIES 188,318 185,136 ASSETS 3,500,395 3,650,367 2,282,890 2,297,070 Notes to the interim financial statements form an integral part of these interim statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2024 LIABILITIES AND SHAREHOLDERS' EQUITY In Thousand Baht Consolidated financial statements. statements Separate financial statements As at March As at December As at March As at December Note 31, 2021 2024 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares2023 31, Baht 0.50 each 220,000 220,000 Issued 2024 31, 2023 CURRENT LIABILITIES Short-term loans from financial institutions 13 50,000 50,000 - - Short-term loans from related companies 5 129,350 129,350 - - Trade accounts payable - general companies 210,682 232,695 59,889 36,485 Other current payable - general companies 14 74,926 107,533 25,208 55,877 Trade and paidother current payables - related companies 5 17,804 43,761 78,332 46,065 Current contract liabilities 7,545 9,646 7,545 9,646 Current portion of Lease liabilities 14,982 14,247 2,435 1,232 Current provisions for employee benefits 24,459 25,992 16,728 16,268 Other current liabilities 18,999 31,688 17,738 30,267 Total current liabilities 548,747 644,912 207,875 195,840 NON-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 Unappropriated 74,749 46,326 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 CURRENT LIABILITIES Non-current provisions for employee benefits 54,020 55,110 12,954 8,225 Contract liabilities - provisions for employee benefits - - 21,639 26,992 Lease liabilities 35,266 35,394 8,171 6,115 Deferred Tax liabilities 12 47,774 48,233 11,053 11,257 Other non-current liabilities 37,541 56,059 34,999 54,083 Total non-current liabilities 174,601 194,796 88,816 106,672 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 723,348 839,708 296,691 302,512 Notes to the interim financial statements form an integral part of these interim financial statements. Note statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2024 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) In Thousand Baht 2021 2020 (Restated) (Consolidated financial statements Separate financial statements As at March As at December As at March As at December Note 20) Revenues Revenues from sale 184,825 161,916 31, 2024 31, 2023 31, 2024 31, 2023 SHAREHOLDERS' EQUITY Share capital - common share at Baht 1 par value - Registered 593,125,849 shares 593,126 593,126 593,126 593,126 - Issued and paid - up 593,125,849 shares 593,126 593,126 593,126 593,126 Premium on ordinary shares 72,404 72,404 72,404 72,404 Retained earnings - Appropriated legal reserve 59,313 59,313 59,313 59,313 - Unappropriated 1,749,269 1,782,443 1,210,335 1,218,694 Other income 4.4 4,525 3,180 components of equity 83,864 83,864 51,021 51,021 Total revenues 189,350 165,096 Expenses Cost shareholder's equity of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 Administrative expenses 4.4 15,827 15,744 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 Profit before income tax expense 35,438 22,404 Income tax expense 19 7,015 4,761 Profit for the period 28,423 17,643 Other comprehensive income for the period parent company 2,557,976 2,591,150 1,986,199 1,994,558 Non-controlling interests 219,071 219,509 - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 TOTAL SHAREHOLDERS' EQUITY 2,777,047 2,810,659 1,986,199 1,994,558 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 3,500,395 3,650,367 2,282,890 2,297,070 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2024 In Thousand Baht Retained earnings Consolidated financial statements Separate financial statements 2024 2023 2024 2023 Revenues Sales and services income Construction income Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' revenues Cost Cost of sales and services Cost of construction Total cost Gross profit Dividend income Other income Profit before expenses Selling expenses Administrative expenses Total expenses Profit (loss) from operations Finance costs Profit (loss) before equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive in net income of associated companies Share of profit from investment in associated companies Profit (loss) before income tax expense Tax expenses (income) Profit (loss) from continued operation for the period Profit for the period Ending balance as at March 31Note 472,261 56,435 528,696 450,780 4,371 455,151 27,763 56,435 84,198 215,372 4,371 219,743 5, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 16 16 (406,436) (374,211) (73,061) (5,591) (479,497) (379,802) 49,199 75,349 - 647 16,227 23,391 65,426 99,387 (31,649) (47,009) (73,895) (64,998) (105,544) (112,007) (40,118) (12,620) (1,765) (1,246) (41,883) (13,866) 13,425 29,520 (28,458) 15,654 1,380 949 (29,838) 14,705 (15,803) (176,444) (73,000) (5,591) (88,803) (182,035) (4,605) 37,708 12,373 8,129 24,243 28,154 32,011 73,991 (5,339) (37,059) (34,919) (36,943) (40,258) (74,002) (8,247) (11) (315) (366) (8,562) (377) - - (8,562) (377) (203) 748 (8,359) (1,125) 16 16 5 5 5 10 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF COMPREHENSIVE INCOME (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2024 In Thousand Baht 2021 2020 Profit Consolidated financial statements Separate financial statements 2024 2023 2024 2023 Other comprehensive income Items that will not be reclassified subsequently to profit or loss Equity in comprehensive income of associated company Items subsequently reclassifiable to profit or loss Other comprehensive income (expense) for the period 28,423 17,643 Reconciliations of profit Total comprehensive income (expense) for the period to cash provided by Note (used in1,411) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses - (reversal1,411) (10831,249) 172 - 172 14,877 - - - (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (928,359) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net cash provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,618) Net cash used in financing activities (5,471) (7,631) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)

Appears in 1 contract

Samples: www.furnituresystem.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 COMPARATIVE STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2011 I have previously audited the financial statements for the year ended December 31, 2011 of Hot Pot Public Company Limited in accordance with generally accepted auditing standards and expressed an unqualified opinion on those statements in my report dated February 28, 2012. The statement of financial position as at December 31, 2011, presented herewith for comparative purposes, was a part of the financial statements referred to above. I have not performed any auditing procedures since that date. Dharmniti Auditing Company Limited Bangkok, Thailand May 1311, 2021 2012 2012/607/0250 (Mr. Thanawut PiboonsawatXxxx Xxxxxxx Xxxxxxx-Xxxxxxxx) Certified Public Accountant Registration No. 6699 4996 ASSETS Thousand Baht Note As at March 31, 2012 As at December 31, 2011 CURRENT ASSETS Cash and cash equivalents 5 56,889,848 17,883,604 Trade accounts receivable 6 6,280,009 1,821,983 Other accounts receivable 8,171,035 7,965,418 Inventories 7 29,216,585 41,040,674 Other current assets 8 31,578,334 31,996,682 TOTAL CURRENT ASSETS 132,135,811 100,708,361 NON-CURRENT ASSETS Property, plant and equipment 9 404,518,209 385,431,137 Leasehold rights 10 109,693,221 113,112,081 Intangible assets 11 10,900,900 9,965,061 Refundable deposits and others 23 95,184,920 91,816,822 TOTAL NON-CURRENT ASSETS 620,297,250 600,325,101 TOTAL ASSETS 752,433,061 701,033,462 Notes to interim financial statements form an integral part of these statements LIABILITIES AND SHAREHOLDERS' EQUITY Baht CURRENT LIABILITIES Note As at March As at December 31, 2012 31, 2011 Bank overdrafts from financial institutions 12 - 5,749,636 Trade accounts payable 177,317,985 183,645,143 Other accounts payable 78,858,690 50,618,367 Account payable - purchase of assets from Daidomon 25.1, 25.2 - 33,740,104 Account payable - leasehold from financial institution 25.4 80,758,412 88,435,911 Xxxxx purchased payable 17,820,969 14,111,535 Current portion of liability under hire-purchase contract 13 2,544,952 2,639,665 Current portion of long-term loans from related parties 4, 14 27,170,984 27,170,984 Current portion of long-term loan from financial institution 15 46,144,594 37,500,000 Accrued corporate income tax 5,059,011 2,264,610 Account payable - the Revenue Department 6,226,896 5,184,596 Current portion of employee benefit obligations 16 142,749 420,524 Other current liabilities 7,419,321 5,195,488 TOTAL CURRENT LIABILITIES 449,464,563 456,676,563 Notes to interim financial statements form an integral part of these statements LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Baht As at March As at December Note 31, 2021 2012 31, 2020 Current assets Cash and cash equivalents 83,155 110,738 Trade and other current receivables 4.3, 5 170,240 149,479 Inventories 6 144,223 115,779 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - Other current assets 1,291 496 Total current assets 549,590 526,492 Non2011 NON-current assets Restricted deposits with CURRENT LIABILITIES Liability under hire-purchase contract 13 5,264,463 5,839,076 Long-term loan from financial institution 8 3,027 3,025 Property, plant 15 71,794,175 26,384,550 Employee benefit obligations 16 1,557,991 1,336,019 Assets retirement obligation 11,353,178 8,569,153 TOTAL NON-CURRENT LIABILITIES 89,969,807 42,128,798 TOTAL LIABILITIES 539,434,370 498,805,361 SHAREHOLDERS' EQUITY Share capital Authorized share capital 406,000,000 ordinary shares of Baht 0.25 each 17 101,500,000 101,500,000 Issued and equipment 10 232,567 223,434 Rightpaid-of-use assets 11 72,568 72,771 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 552 467 Total non-current assets 324,897 316,390 up share capital 344,615,360 ordinary shares of Baht 0.25 each 17 86,153,840 86,153,840 Share premium 17 49,646,160 49,646,160 Retained earnings Appropriated Legal reserve 19 3,859,935 - Unappropriated 73,338,756 66,428,101 TOTAL ASSETS 874,487 842,882 SHAREHOLDERS' EQUITY 212,998,691 202,228,101 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 752,433,061 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. As at March As at December Note statements THE STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIODS ENDED MARCH 31, 2021 31, 2020 Current liabilities Short-term loans 2012 AND 2011 Revenues Note Baht 2012 2011 Revenues from financial institutions 13 - 3,146 Trade the sales of goods 454,402,433 331,774,433 Other income 8,764,953 4,183,789 Total revenues 463,167,386 335,958,222 Expenses Cost of sales of goods 205,589,338 146,007,079 Selling expenses 212,118,688 141,725,251 Administrative expenses 23,198,520 14,390,547 Directors and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans management benefit expenses 4 3,639,379 3,726,765 Loss from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate branches closing and renovation 9 2,129,844 512,871 Finance costs 2,884,545 2,449,986 Total expenses 449,560,314 308,812,499 Profit before income tax payable 2,873 1,638 Total current liabilities 121,338 114,553 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions 13,607,072 27,145,723 Income tax 21 2,836,482 8,240,450 Profit for employee benefit 5,194 4,959 Total non-current liabilities 66,980 70,583 TOTAL LIABILITIES 188,318 185,136 the period Other comprehensive income 10,770,590 - 18,905,273 - Notes to the interim financial statements form an integral part of these interim financial statements. As statements THE STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIODS ENDED MARCH 31, 2012 AND 2011 Note Common shares Preferred shares Legal reserve Unappropriated Total Beginning balance, as at January 1, 2012 86,153,840 - 49,646,160 - 66,428,101 202,228,101 legal reserve 19 - - - 3,859,935 (3,859,935) - Comprehensive profit for the period - - - - 10,770,590 10,770,590 Ending balance, as at March As at December Note 31, 2021 2012 86,153,840 - 49,646,160 3,859,935 73,338,756 212,998,691 Beginning balance, as at January 1, 2011 as previously reported 56,000,000 860,000 - - 27,542,064 84,402,064 Adjustment The cumulative effect of change in accounting policy on employee benefits - - - - (1,005,443) (1,005,443) Balance as at January 1, 2011 - after adjusted 56,000,000 860,000 - - 26,536,621 83,396,621 Comprehensive profit for the period - - - - 18,905,273 18,905,273 Ending balance, as at March 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 2011 56,000,000 860,000 - - 45,441,894 102,301,894 Issued and paid-paid- up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 Unappropriated 74,749 46,326 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 earning Notes to the interim financial statements form an integral part of these interim financial statements. Note Thousand statements THE STATEMENTS OF CASH FLOWS FOR THE THREE-MONTH PERIODS ENDED MARCH 31, 2012 AND 2011 Baht 2021 2020 (Restated) (Note 20) Revenues Revenues 2012 2011 Cash flows from sale 184,825 161,916 Other income 4.4 4,525 3,180 Total revenues 189,350 165,096 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 Administrative expenses 4.4 15,827 15,744 Total expenses 152,514 139,978 Profit from operationg operating activities 36,836 25,118 Finance costs 4.4 1,398 2,714 Profit before income tax expense 35,438 22,404 Income tax expense 19 7,015 4,761 Profit for the period 28,423 17,643 10,770,590 18,905,273 Reconciliations of net profit to net cash provided by (used in) operating activities Allowance for doubtful account (reversal) (45,000) - Depreciation and amortization 30,489,068 19,154,326 Loss from branches closing and renovation 2,129,844 512,871 (Gain) loss on sale of fixed assets 82,535 (369,011) Employee benefit 224,197 187,775 Interest expenses 2,884,545 2,443,289 Cost of asset dismantlement 71,109 6,697 Income tax 2,836,482 8,240,450 Profit from operating before changes in operating assets and liabilities (Increase) decrease in operating assets Trade accounts receivable 49,443,370 (4,413,026) 49,081,670 103,019 Inventories 11,824,089 6,082,533 Other comprehensive income for the period accounts receivable and other current assets Increase (Decrease) in operating liabilities Trade accounts payable 3,538,742 (6,327,158) (32,426) (19,660,856) Other accounts payable 28,240,323 10,013,922 Other current liabilities 3,266,133 (409,983) Xxxx received from operating 85,572,473 45,177,879 Employee benefit paid (280,000) - - Total comprehensive income for the period 28,423 17,643 Earnings per share Income tax paid (Baht42,081) Basic earnings per share 20 0.06 0.09 (17,715) Net cash provided by operating activities 85,250,392 45,160,164 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paidstatements FOR THE THREE-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March MONTH PERIODS ENDED MARCH 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand 2012 AND 2011 Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net cash provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 2012 2011 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments paid for purchase of property, plant and equipment (29,75545,746,456) (8,79827,602,146) Xxxx received for sale of equipment 476,636 448,131 Cash paid for intangible assets (1,322,762) (798,055) Xxxx paid for refundable deposits and others (3,368,098) (4,359,590) Cash receipts from disposal paid to purchase the assets of equipment 59 Daidomon (33,740,104) - Cash payments for purchase of intangible asset paid to account payable-leasehold from financial institution (1027,677,499) (368) Interest income received 10 8 - Net cash used in investing activities (29,79091,378,283) (9,16632,311,660) Cash flows from financing activities Increase (decrease) in shortbank overdrafts from financial institutions (5,749,636) (1,855,914) Cash paid to liability under financial lease contract - (160,780) Cash paid to liability under hire-purchase contract (669,326) (314,335) Cash paid to long-term loan from related parties - (2,000,000) Xxxx received for long-term loan from financial institutions institution - 2,860,000 Cash paid to long-term loan from related parties - (8845,000,000) 3,538 Cash payments Xxxx received for long-term loans loan from financial institution 60,304,219 - Cash paid to long-term loan from financial institution (5,5566,250,000) (5,693,597) Cash payments for repayment of lease liabilities paid to interest expenses (3,4612,501,122) (2,995) Interest expense paid (1,126) (2,6182,292,773) Net cash provided by (used in in) financing activities 45,134,135 (5,471) (7,63114,457,399) Net increase (decrease) in cash and cash equivalents 39,006,244 (27,5831,608,895) 1,496 Cash and cash equivalents - at beginning of period 110,738 4,900 17,883,604 20,702,881 Cash and cash equivalents - ending at end of period 83,155 6,396 Supplement disclosure for 56,889,848 19,093,986 Additional disclosures of cash flows information: 1. Reconciliation information None Notes to interim financial statements form an integral part of cash paid for purchase of propertythese statements NOTES TO INTERIM FINANCIAL STATEMENTS MARCH 31, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)2012

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Samples: jckh.listedcompany.com

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Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 13, 2021 (Mr. Thanawut Piboonsawat) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 ASSETS Thousand Baht As at March June As at December Note 3130, 2021 31, 2020 Current assets Cash and cash equivalents 83,155 122,407 110,738 Trade and other current receivables 4.3, 5 170,240 190,265 149,479 Inventories 6 144,223 159,160 115,779 Other current financial assets 7 150,000 70,000 150,000 Derivative assets 21 681 2,213 - Other current assets 1,291 278 496 Total current assets 549,590 544,323 526,492 Non-current assets Restricted deposits with financial institution 8 3,027 3,029 3,025 Property, plant and equipment 10 232,567 260,060 223,434 Right-of-use assets 11 72,568 69,057 72,771 Intangible assets 12 4,795 4,846 4,870 Deferred tax assets 3,601 3,320 4,405 Deferred molds 6,587 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 552 568 467 Total non-current assets 324,897 348,774 316,390 TOTAL ASSETS 874,487 893,097 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. As at March June As at December Note 3130, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,820 12,350 11,693 Corporate income tax payable 2,873 4,527 1,638 Total current liabilities 121,338 139,972 114,553 Non-current liabilities Long-term loans from financial institutions 15 3,333 - 8,333 Lease liabilities 4.3, 16 58,453 55,634 57,291 Non-current provisions for employee benefit 5,194 5,429 4,959 Total non-current liabilities 66,980 61,063 70,583 TOTAL LIABILITIES 188,318 201,035 185,136 Notes to the interim financial statements form an integral part of these interim financial statements. As at March June As at December Note 3130, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 14,310 12,663 Unappropriated 74,749 78,995 46,326 TOTAL SHAREHOLDERS' EQUITY 686,169 692,062 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 893,097 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Note Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 (Restated) (Note 20) 2021 2020 Revenues Revenues from sale 184,825 161,916 219,731 166,028 404,556 327,944 Other income 4.4 4,525 3,180 4,402 142 8,927 2,531 Total revenues 189,350 165,096 224,133 166,170 413,483 330,475 Expenses Cost of sales 4.4 128,964 117,683 152,335 118,505 281,299 236,188 Distribution costs 4.4 7,723 6,551 8,239 6,412 15,962 12,963 Administrative expenses 4.4 15,827 15,744 15,861 16,727 31,688 31,680 Total expenses 152,514 139,978 176,435 141,644 328,949 280,831 Profit from operationg activities 36,836 25,118 47,698 24,526 84,534 49,644 Finance costs 4.4 1,398 2,714 1,425 2,390 2,823 5,104 Profit before income tax expense 35,438 22,404 46,273 22,136 81,711 44,540 Income tax expense 19 7,015 4,761 9,096 4,814 16,111 9,575 Profit for the period 28,423 17,643 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - - - Total comprehensive income for the period 28,423 17,643 37,177 17,322 65,600 34,965 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 0.08 0.07 0.15 0.16 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital sharescapital on ordinary shares ordinaryshares Appropriated Legal reserve Unappropriated shareholders' equity shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 17,643 17,643 100,000 60,000 - 4,926 140,529 245,455 - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - 28,423 28,423 (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 12,663 74,749 686,169 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at March 31June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at March 31June 30, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 65,600 34,965 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 23,552 22,395 Bad debt and expected credit losses (reversal) (108123) (85) 202 Loss on declining in value of inventories (reversal) (248639) 1,738 1,661 (Gain) loss on disposal of equipment (366) 11 Unrealized (gain) loss on exchange rate (5,9995,477) (1,985) 304 Employee benefit expense 235 226 470 453 Interest income (303647) (1732) Interest expense 1,125 2,596 2,256 4,814 Income tax expense 7,015 4,761 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (4,48226,720) (18,75418,804) Inventories (28,19642,742) 12,431 1,296 Other current assets (795) (152) 219 69 Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 5,032 17,892 (8,0202,273) Cash received from operations 12,648 22,602 49,118 57,945 Income tax expense paid (4,97012,148) (4,3096,783) Net cash provided by (used in) operating activities 7,678 18,293 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (24) (8) 13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (29,75560,403) (8,79820,153) Cash receipts from disposal of equipment 59 - 122 8 Cash payments for purchase of intangible asset (102338) (368) Interest income received 10 8 415 36 Net cash provided by (used in in) investing activities 19,792 (29,790) (9,16620,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (8843,133) 3,538 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution - (5,5561,667) (10,476) Cash payments for repayment of lease liabilities (3,4616,750) (2,9956,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (1,1262,261) (2,6184,895) Net cash used in financing activities (5,47145,093) (7,6311,324) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798):

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Samples: sft.listedcompany.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 13August 7, 2021 2020 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 ASSETS Thousand Baht As at March As at December Note 31, 2021 31, 2020 Current assets Cash and cash equivalents 83,155 110,738 34,248 4,900 Trade and other current receivables 4.35.3, 5 170,240 149,479 6 119,239 101,206 Inventories 6 144,223 115,779 Other current financial 7 121,202 124,159 Current tax assets 7 150,000 150,000 Derivative assets 21 681 - 71 71 Other current assets 1,291 496 357 426 Total current assets 549,590 526,492 Non275,117 230,762 on-current assets Restricted deposits with financial institution Fixed deposit used for pledge 8 3,027 3,025 Property, plant 3,021 3,007 Other long-term investment 9 - 1,200 Leasehold improvements and equipment 10 232,567 223,434 161,555 172,553 Right-of-use assets 11 72,568 72,771 78,838 - Intangible assets 12 4,795 4,870 4,975 4,947 Deferred tax assets 3,601 4,405 3,776 3,186 Deferred molds 6,587 6,218 mold 13 6,153 9,462 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 - Other non-current assets 552 467 346 174 Total non-current assets 324,897 316,390 TOTAL 259,864 194,529 OTAL ASSETS 874,487 842,882 534,981 425,291 Current assets ASSETS Thousand Baht As at June As at December 30, 2020 31, 2019 (Reclassified) Note (Note 25) N T Notes to the interim financial statements form an integral part of these interim financial statements. As at March June As at December Note 30, 2020 31, 2021 31, 2020 2019 (Reclassified) Note (Note 25) Current liabilities Short-term loans from financial institutions 13 - 3,146 14 46,648 41,043 Trade and other current payables 4.35.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 15 117,142 77,911 Current portion of long-terms loans from financial institution 15 16,667 11,667 16 15,240 18,096 Current portion of lease liabilities 4.3, 16 12,820 11,693 17 12,181 3,791 Corporate income tax payable 2,873 1,638 3,287 - Derivative liabilities 4 1,963 - Total current liabilities 121,338 114,553 196,461 140,841 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 institution 16 60,410 48,030 Lease liabilities 4.35.3, 16 58,453 57,291 17 62,627 4,298 Non-current provisions for employee benefit 5,194 4,959 4,506 4,053 Total non-current liabilities 66,980 70,583 127,543 56,381 TOTAL LIABILITIES 188,318 185,136 324,004 197,222 Notes to the interim financial statements form an integral part of these interim financial statements. As at March June As at December Note 30, 2020 31, 2021 31, 2020 2019 (Reclassified) Note (Note 25) Shareholders' equity Share capital 18 Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 10,000,000 ordinary shares, Baht 10.00 each 100,000 Issued and paid-up share capital 440,000,000 320,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on 160,000 10,000,000 ordinary shares shares, Baht 10.00 each 100,000 Retained earnings 19 Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 19 10,811 4,926 Unappropriated 74,749 46,326 40,166 123,143 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 210,977 228,069 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 534,981 425,291 Notes to the interim financial statements form an integral part of these interim financial statements. Note FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 2020 Thousand Baht 2021 For the three-month period ended For the six-month period ended June 30, June 30, 2020 2019 2020 2019 Note (Restated) (Note 2022) (Restated) (Note 22) Revenues Revenues from sale 184,825 161,916 5.4 166,028 156,266 327,944 294,618 Other income 4.4 4,525 3,180 142 140 2,531 328 Total revenues 189,350 165,096 166,170 156,406 330,475 294,946 Expenses Cost of sales 4.4 128,964 117,683 5.4 118,505 112,807 236,188 215,242 Distribution costs 4.4 7,723 6,551 6,412 6,393 12,963 12,345 Administrative expenses 4.4 15,827 15,744 5.4 16,727 11,891 31,680 23,951 Total expenses 152,514 139,978 141,644 131,091 280,831 251,538 Profit from operationg activities 36,836 25,118 24,526 25,315 49,644 43,408 Finance costs 4.4 1,398 2,714 5.4 2,390 1,863 5,104 3,172 Profit before income tax expense 35,438 22,404 22,136 23,452 44,540 40,236 Income tax expense 19 7,015 4,761 21 4,814 4,717 9,575 8,089 Profit for the period 28,423 17,643 17,322 18,735 34,965 32,147 Other comprehensive income for the period - - - - Total comprehensive income for the period 28,423 17,643 17,322 18,735 34,965 32,147 Earnings per share (Baht) 22 Basic earnings per share 20 0.06 0.07 0.09 0.16 0.18 Notes to the interim financial statements form an integral part of these interim financial statements. FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2020 Thousand Baht Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital on ordinary shares Appropriated Unappropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 2019 55,000 - 166,824 221,824 Increase in share capital 45,000 - - 45,000 Legal reserve - 3,747 (3,747) - Dividend paid - - (71,200) (71,200) Total comprehensive income for the period Profit for the period - - 32,147 32,147 Ending balance as at March 31June 30, 2020 2019 100,000 3,747 124,024 227,771 Beginning balance as at January 1, 2021 2020 100,000 4,926 123,143 228,069 The effect of change in accounting policies 4 - - (257) (257) Beginning balance as at January 1, 2020 - as restated 100,000 4,926 122,886 227,812 Increase in share capital 18 60,000 - - 60,000 Legal reserve 19 - 5,885 (5,885) - Dividend paid 19 - - (111,800) (111,800) Total comprehensive income for the period Profit for the period - - 34,965 34,965 Ending balance as at March 31June 30, 2021 2020 160,000 10,811 40,166 210,977 Notes to the interim financial statements form an integral part of these interim financial statements. (Note 25) Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 34,965 32,147 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 22,395 15,614 Bad debt and expected credit losses doubtful debts (reversal) (108) (85) 202 1,271 Loss on declining in value of inventories (reversal) (248) 1,738 1,661 3,240 (Gain) loss on disposal of equipment 11 (38) (Gain) 11 loss on disposal of intangible assets - 126 Unrealized (gain) loss on exchange rate (5,999) (1,985) 304 1,038 Employee benefit expense 235 226 453 234 Interest income (30332) (1739) Interest expense 1,125 2,596 4,814 2,940 Income tax expense 7,015 4,761 9,575 8,089 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 74,348 64,652 (Increase) decrease in operating assets Trade and other current receivables receivable (4,48218,804) (18,75422,232) Inventories (28,196) 12,431 1,296 3,210 Other current assets 69 (795) (15254) Deferred molds mold 3,309 (3691,383) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash payable -2,273 -1,674 Xxxx received from operations 12,648 22,602 57,945 42,519 Income tax expense paid (4,970) (4,309) -6,783 -7,460 Net cash provided by (used in) operating activities 7,678 18,293 51,162 35,059 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 (Note 25) Cash flows from investing activities (Increase) decrease in restricted fixed deposit with financial institution (2) (8) used for pledge -13 -15 Cash payments for purchase of property, plant leasehold improvements and equipment (29,755) (8,798) -20,153 -51,000 Cash receipts from disposal of equipment 59 - 8 61 Cash payments for purchase of intangible asset (102) (368) -368 -308 Interest income received 10 8 36 39 Net cash used in investing activities (29,790) (9,166) -20,490 -51,223 Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 7,145 -2,530 Cash receipts from long-term loans from financial institution 20,000 57,790 Cash payments for long-term loans from financial institution - (5,556) -10,476 -4,992 Cash payments for repayment of lease liabilities -6,098 -1,581 Cash receipts from increase in share capital 60,000 45,000 Dividend paid (3,46167,000) (2,99564,872) Interest expense paid (1,1264,895) (2,6182,721) Net cash provided by (used in in) financing activities (5,4711,324) (7,631) 26,094 Net increase (decrease) in cash and cash equivalents (27,583) 1,496 29,348 9,930 Cash and cash equivalents - beginning of period 110,738 4,900 9,981 Cash and cash equivalents - ending of period 83,155 6,396 34,248 19,911 Notes to the interim financial statements form an integral part of these interim financial statements. (Note 25) Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798):

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Samples: sft.listedcompany.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 1312, 2021 2022 (Mr. Thanawut PiboonsawatMiss Xxxxxxxxxx Xxxxxxxxx) Certified Public Accountant Registration No. 6699 10142 ASSETS Thousand Baht As at March As at December Note Notes 31, 2022 31, 2021 31, 2020 Current assets Cash and cash equivalents 83,155 110,738 5 270,902 360,389 Trade and other current receivables 4.3, 5 170,240 149,479 6 116,329 78,349 Accrued medical service income 7 132,109 149,646 Inventories 6 144,223 115,779 8 43,809 51,363 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - Other current assets 1,291 496 9 906,703 768,441 Total current assets 549,590 526,492 1,469,852 1,408,188 Non-current assets Restricted deposits with Fixed deposit pledge as collateral 9 13,587 13,587 Other non-current financial institution 8 3,027 3,025 assets 9 166,667 153,333 Property, plant and equipment 10 232,567 223,434 716,031 718,676 Right-of-use assets 11 72,568 72,771 6,105 7,056 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 26,973 28,211 Other non-current assets 552 467 169 169 Total non-current assets 324,897 316,390 TOTAL ASSETS 874,487 842,882 929,532 921,032 Total assets 2,399,384 2,329,220 Notes to the interim financial statements form an integral intergral part of these interim financial statements. STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2022 LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at March As at December Note Notes 31, 2022 31, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 120,476 117,484 Accrued expenses 139,677 196,523 Current portion of lease liabilities 4.3, 16 12,820 11,693 2,773 3,150 Corporate income tax payable 2,873 1,638 62,065 41,932 Xxxxxxx received from medical service 15 18,880 20,178 Other current liabilities 12,277 14,870 Total current liabilities 121,338 114,553 356,148 394,137 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions for employee 3,389 3,956 Deferred tax liabilities 13 20,123 17,760 Employee benefit 5,194 4,959 obigation 17 60,526 59,187 Total non-current liabilities 66,980 70,583 TOTAL LIABILITIES 188,318 185,136 84,038 80,903 Total liabilities 440,186 475,040 Notes to the interim financial statements form an integral intergral part of these interim financial statements. As at March As at December Note STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 Unappropriated 74,749 46,326 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Note Thousand Baht 2021 2020 (Restated) (Note 20) Revenues Revenues from sale 184,825 161,916 Other income 4.4 4,525 3,180 Total revenues 189,350 165,096 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 Administrative expenses 4.4 15,827 15,744 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 Profit before income tax expense 35,438 22,404 Income tax expense 19 7,015 4,761 Profit for the period 28,423 17,643 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net cash provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,618) Net cash used in financing activities (5,471) (7,631) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)2022

Appears in 1 contract

Samples: ir.aikchol.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 13August 9, 2021 2018 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 ASSETS Note Thousand Baht As at March June As at December Note 30, 2018 31, 2021 31, 2020 Current assets 2017 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 30,016 41,956 Temporary investments 5 181,043 199,119 Trade and other current receivables 4.3, 5 170,240 149,479 6 326,144 274,841 Current portion of finance lease receivables 7 9,747 8,783 Unbilled receivables 4,274 11,877 Inventories 6 144,223 115,779 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - 8 306,595 291,266 Other current assets 1,291 496 Total current assets 549,590 526,492 Non372 910 TOTAL CURRENT ASSETS 858,191 828,752 NON-current assets Restricted deposits with financial institution 8 3,027 3,025 Property, plant CURRENT ASSETS General investment 242 242 Long-term finance lease receivables 7 15,268 10,473 Property and equipment 9 150,471 150,468 Goodwill 10 232,567 223,434 Right-of-use assets 334,672 334,672 Customer relationship 11 72,568 72,771 80,693 88,082 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 25,495 27,301 Other non-current assets 552 467 Total non19,338 17,352 TOTAL NON-current assets 324,897 316,390 CURRENT ASSETS 626,179 628,590 TOTAL ASSETS 874,487 842,882 1,484,370 1,457,342 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF FINANCIAL POSITION (CONT.) AS AT JUNE 30, 2018 LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at March June As at December Note 30, 2018 31, 2021 31, 2020 Current liabilities 2017 CURRENT LIABILITIES Trade and other payables 13 223,282 174,475 Income tax payable 15,759 17,474 Short-term loans from financial institutions 13 provisions 144 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 Total Other current liabilities 121,338 114,553 Non5,242 5,817 TOTAL CURRENT LIABILITIES 244,427 197,766 NON-current CURRENT LIABILITIES Deferred tax liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions for employee 10,336 13,455 Employee's benefit 5,194 4,959 Total obligations 15,784 14,898 Other non-current liabilities 66,980 70,583 18,588 16,547 TOTAL NON-CURRENT LIABILITIES 44,708 44,900 TOTAL LIABILITIES 188,318 185,136 289,135 242,666 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF FINANCIAL POSITION (CONT.) AS AT JUNE 30, 2018 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Thousand Baht As at March June As at December Note 31, 2021 31, 2020 ShareholdersSHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 Note 30, 2018 31, 2017 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 292,250 292,250 Issued and paid-up share capital 440,000,000 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 Share premium 292,250 292,250 Premium on ordinary shares 776,416 776,416 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 20,351 20,351 Unappropriated 74,749 46,326 106,218 125,659 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 1,195,235 1,214,676 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 1,484,370 1,457,342 Notes to the interim financial statements form an integral part of these interim financial statements. Note statements STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2018 Thousand Baht 2021 2020 (Restated) (Note 20) 2018 2017 Revenues Revenues from sale 184,825 161,916 sales 309,689 292,630 Revenue from rendering of services 47,361 35,637 Other income 4.4 4,525 3,180 2,070 3,120 Total revenues 189,350 165,096 359,120 331,387 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 212,299 201,796 Cost of rendering of services 36,747 33,447 Selling expenses 29,075 25,384 Administrative expenses 4.4 15,827 15,744 38,884 31,845 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 317,005 292,472 Profit before income tax expense 35,438 22,404 expenses 42,115 38,915 Income tax expense 19 7,015 4,761 expenses 8,333 7,908 Profit for the period 28,423 17,643 33,782 31,007 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 33,782 31,007 Earnings per share (Baht) Basic earnings earning per share 20 (Baht per share) 16 0.06 0.09 0.05 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statements STATEMENT OF COMPREHENSIVE INCOME (CONT.) FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2018 Thousand Baht Retained earnings Note 2018 2017 Revenues Revenues from sales 590,337 562,021 Revenue from rendering of services 77,372 59,048 Other income 5,771 8,153 Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 revenues 673,480 629,222 Expenses Cost of sales 402,949 394,177 Cost of rendering of services 66,353 53,633 Selling expenses 53,793 47,947 Administrative expenses 72,642 63,522 Total expenses 595,737 559,279 Profit before income tax expenses 77,743 69,943 Income tax expenses 15,354 12,831 Profit for the period 62,389 57,112 Other comprehensive income for the period - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 62,389 57,112 Earnings per share Basic earning per share (Baht per share) 16 0.11 0.10 Notes to the interim financial statements form an integral part of these statements STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2018 Thousand Baht Issued and Premium Retained earnings Total Note paid-up share capital on ordinary shares Appropriated legal reserve Unappropriated shareholders' equity Beginning balance as at January 1, 2017 292,250 776,416 13,867 55,106 1,137,639 Dividend - - - (52,605) (52,605) Total comprehensive income for the period - - - 57,112 57,112 Ending balance as at June 30, 2017 292,250 776,416 13,867 59,613 1,142,146 Beginning balance as at January 1, 2018 292,250 776,416 20,351 125,659 1,214,676 Dividend 14 - - - (81,830) (81,830) Total comprehensive income for the period - - - 62,389 62,389 Ending balance as at June 30, 2018 292,250 776,416 20,351 106,218 1,195,235 Notes to the interim financial statements. statements form an intergral part of these statements STATEMENT OF CASH FLOWS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2018 Baht 2018 2017 Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of 62,389 57,112 Adjustment to reconcile profit (loss) for the period to net cash provided by (used in) operating activitiesactivities : Bad debt and allowance for doubtful account (reversal) 2,168 (878) Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) 8,077 7,803 Amortization of customer relationship 7,389 7,389 Loss on declining in value devaluation of inventories (reversal) (248) 1,738 3,675 2,919 (Gain) loss on disposal disposals of equipment fixed assets (3436) 11 443 Unrealized (gain) loss on exchange rate (5,9991,590) 928 (Gain) loss on disposals of investment (1,019) (1,9851,833) Employee benefit expense 235 226 Unrealized (gain) loss on revaluation of temporary investments 2,693 726 Interest income (30346) (1740) Interest expense 1,125 2,596 Dividend income - (560) Employee's benefit expenses 886 826 Income tax expense 7,015 4,761 15,354 12,831 Profit provided by from operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets 99,540 87,666 Trade and other current receivables (4,48253,448) 22,723 Finance lease receivables (18,7545,758) 3,198 Unbilled receivables 7,603 (12,555) Inventories (28,19620,706) 12,431 (55,477) Other current assets (795) (152) Deferred molds (369) 1,131 537 461 Other non-current assets (921,986) - (261) Increase (decrease) in operating liabilities Trade and other payables 54,037 25,840 Short-term provisions 144 760 Other current payables 5,032 liabilities (8,020575) (530) Employee's benefit obligations - (1,901) Other non-current liabilities 2,041 124 Cash received (paid) from operations 12,648 22,602 operating 81,429 70,048 Income tax expense paid (4,97020,189) (4,30914,265) Net cash provided by (used in) operating activities 7,678 18,293 61,240 55,783 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand statements STATEMENT OF CASH FLOWS (CONT.) FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2018 Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash receipts from redemption of temporary investments 230,402 263,675 Cash payments for purchase of property, plant and equipment temporary investment (29,755214,000) (8,798271,634) Cash receipts from disposal of equipment 59 - 2,266 439 Cash payments for purchase of intangible asset equipment (1026,192) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556924) Cash payments for repayment purchases of lease liabilities intangible assets (3,4613,872) (2,995828) Interest expense received 46 40 Dividends received - 560 Net cash provided by (used in) investing activities Dividend paid 8,650 (1,12681,830) (2,6188,672) (52,605) Net cash provided by (used in in) financing activities (5,47181,830) (7,63152,605) Net increase (decrease) in cash and cash equivalents (27,58311,940) 1,496 (5,494) Cash and cash equivalents - at beginning of period 110,738 4,900 41,956 35,866 Cash and cash equivalents - ending at end of period 83,155 6,396 Supplement disclosure for 30,016 30,372 Supplementaly disclosures of cash flows informationinformation : 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable 2018 2017 Cash flows from financing activities Non-Cash transaction Liabilities incurred from acquisition of fixed assets 594 and intangible assets Liabilities incurred from acquisition of fixed assets and intangible assets as at January 1, 4,045 670 Inventories transferred to fixed asset (2,2342,348) (3,572) Add Purchases of fixed assets and intangible assets 8,749 4,733 Less Cash payments for purchase of property, plant and equipment (29,75510,064) (8,798)1,752) Liabilities incurred from acquisition of fixed assets and intangible assets as at June 30, 382 79 Notes to the interim financial statements form an integral part of these statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED NOTES TO THE INTERIM FINANCIAL STATEMENTS JUNE 30, 2018

Appears in 1 contract

Samples: www.harn.co.th

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 13August 7, 2021 2020 (Mr. Thanawut Piboonsawat) Certified Public Accountant Registration No. 6699 ASSETS Thousand Baht As at March As at December Note 31, 2021 31, 2020 Current assets Cash and cash equivalents 83,155 110,738 34,248 4,900 Trade and other current receivables 4.35.3, 5 170,240 149,479 6 119,239 101,206 Inventories 6 144,223 115,779 Other current financial 7 121,202 124,159 Current tax assets 7 150,000 150,000 Derivative assets 21 681 - 71 71 Other current assets 1,291 496 357 426 Total current assets 549,590 526,492 Non275,117 230,762 on-current assets Restricted deposits with financial institution Fixed deposit used for pledge 8 3,027 3,025 Property, plant 3,021 3,007 Other long-term investment 9 - 1,200 Leasehold improvements and equipment 10 232,567 223,434 161,555 172,553 Right-of-use assets 11 72,568 72,771 78,838 - Intangible assets 12 4,795 4,870 4,975 4,947 Deferred tax assets 3,601 4,405 3,776 3,186 Deferred molds 6,587 6,218 mold 13 6,153 9,462 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 - Other non-current assets 552 467 346 174 Total non-current assets 324,897 316,390 TOTAL 259,864 194,529 OTAL ASSETS 874,487 842,882 534,981 425,291 Current assets ASSETS Thousand Baht As at June As at December 30, 2020 31, 2019 (Reclassified) Note (Note 25) N T Notes to the interim financial statements form an integral part of these interim financial statements. As at March June As at December Note 30, 2020 31, 2021 31, 2020 2019 (Reclassified) Note (Note 25) Current liabilities Short-term loans from financial institutions 13 - 3,146 14 46,648 41,043 Trade and other current payables 4.35.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 15 117,142 77,911 Current portion of long-terms loans from financial institution 15 16,667 11,667 16 15,240 18,096 Current portion of lease liabilities 4.3, 16 12,820 11,693 17 12,181 3,791 Corporate income tax payable 2,873 1,638 3,287 - Derivative liabilities 4 1,963 - Total current liabilities 121,338 114,553 196,461 140,841 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 institution 16 60,410 48,030 Lease liabilities 4.35.3, 16 58,453 57,291 17 62,627 4,298 Non-current provisions for employee benefit 5,194 4,959 4,506 4,053 Total non-current liabilities 66,980 70,583 127,543 56,381 TOTAL LIABILITIES 188,318 185,136 324,004 197,222 Notes to the interim financial statements form an integral part of these interim financial statements. As at March June As at December Note 30, 2020 31, 2021 31, 2020 2019 (Reclassified) Note (Note 25) Shareholders' equity Share capital 18 Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 10,000,000 ordinary shares, Baht 10.00 each 100,000 Issued and paid-up share capital 440,000,000 320,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on 160,000 10,000,000 ordinary shares shares, Baht 10.00 each 100,000 Retained earnings 19 Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 19 10,811 4,926 Unappropriated 74,749 46,326 40,166 123,143 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 210,977 228,069 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 534,981 425,291 Notes to the interim financial statements form an integral part of these interim financial statements. Note FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 2020 Thousand Baht 2021 For the three-month period ended For the six-month period ended June 30, June 30, 2020 2019 (Restated) 2020 2019 (Restated) Note (Note 2022) (Note 22) Revenues Revenues from sale 184,825 161,916 5.4 166,028 156,266 327,944 294,618 Other income 4.4 4,525 3,180 142 140 2,531 328 Total revenues 189,350 165,096 166,170 156,406 330,475 294,946 Expenses Cost of sales 4.4 128,964 117,683 5.4 118,505 112,807 236,188 215,242 Distribution costs 4.4 7,723 6,551 6,412 6,393 12,963 12,345 Administrative expenses 4.4 15,827 15,744 5.4 16,727 11,891 31,680 23,951 Total expenses 152,514 139,978 141,644 131,091 280,831 251,538 Profit from operationg activities 36,836 25,118 24,526 25,315 49,644 43,408 Finance costs 4.4 1,398 2,714 5.4 2,390 1,863 5,104 3,172 Profit before income tax expense 35,438 22,404 22,136 23,452 44,540 40,236 Income tax expense 19 7,015 4,761 21 4,814 4,717 9,575 8,089 Profit for the period 28,423 17,643 17,322 18,735 34,965 32,147 Other comprehensive income for the period - - - - Total comprehensive income for the period 28,423 17,643 17,322 18,735 34,965 32,147 Earnings per share (Baht) 22 Basic earnings per share 20 0.06 0.07 0.09 0.16 0.18 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net cash provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,618) Net cash used in financing activities (5,471) (7,631) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798).

Appears in 1 contract

Samples: sft.listedcompany.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 139, 2021 2022 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 "UNAUDITED" "REVIEWED" SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2022 ASSETS Thousand Baht As at March As at December Note 31, 2021 2022 31, 2020 2021 Current assets Cash and cash equivalents 83,155 110,738 74,904 99,104 Trade and other current receivables 4.3, 5 170,240 149,479 200,443 172,243 Inventories 6 144,223 115,779 201,498 216,957 Other current financial assets asset 7 150,000 150,000 70,589 70,589 Derivative assets 21 681 - 20 1,279 200 Other current assets 1,291 496 2,572 1,386 Total current assets 549,590 526,492 551,285 560,479 Non-current assets Restricted deposits with financial institution 8 3,027 3,025 Property, plant and equipment 10 232,567 223,434 9 309,317 294,067 Right-of-use assets 11 72,568 72,771 10 69,309 73,426 Intangible assets 12 4,795 4,870 11 5,650 5,032 Deferred tax assets 3,601 4,405 4,560 4,649 Deferred molds 6,587 6,218 4,441 4,390 Non-current non-cash financial asset pledged as collateral 9 8 1,200 1,200 Other non-current assets 552 467 1,333 549 Total non-current assets 324,897 316,390 395,810 383,313 TOTAL ASSETS 874,487 842,882 947,095 943,792 "UNAUDITED" Notes to the interim financial statements form an integral part of these interim financial statements. "REVIEWED" SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2022 LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at March As at December Note 31, 2021 2022 31, 2020 2021 Current liabilities Short-term loans from financial institutions 13 12 - 3,146 8,039 Trade and other current payables 4.3, 14 88,978 82,909 13 110,322 107,508 Derivative liabilities 21 20 - 3,500 47 Current portion of long-terms loans from financial institution 15 16,667 11,667 14 3,333 8,333 Current portion of lease liabilities 4.3, 16 12,820 11,693 15 13,297 13,562 Corporate income tax payable 2,873 1,638 2,877 2,877 Total current liabilities 121,338 114,553 129,829 140,366 Non-current liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 15 56,108 59,274 Non-current provisions for employee benefit 5,194 4,959 6,436 6,124 Total non-current liabilities 66,980 70,583 62,544 65,398 TOTAL LIABILITIES 188,318 185,136 192,373 205,764 "UNAUDITED" "REVIEWED" Notes to the interim financial statements form an integral part of these interim financial statements. SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2022 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Thousand Baht As at March As at December Note 31, 2021 2022 31, 2020 2021 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 16 19,897 19,897 Unappropriated 74,749 46,326 136,068 119,374 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 754,722 738,028 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 947,095 943,792 Notes to the interim financial statements form an integral part of these interim financial statements. Note "UNAUDITED" "REVIEWED" SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2022 Thousand Baht 2022 2021 2020 (Restated) (Note 20) Revenues Revenues from sale 184,825 161,916 Gain on exchange rates Other income 4.4 4,525 3,180 Total revenues 189,350 165,096 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 Administrative expenses 4.4 15,827 15,744 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 Profit before income tax expense 35,438 22,404 Income tax Tax expense 19 7,015 4,761 Profit for the period 28,423 17,643 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net cash provided by (used in) operating activities 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,618) Net cash used in financing activities (5,471) (7,631) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 83,155 6,396 Supplement disclosure for cash flows information: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)199,942 1,352 329 201,623 184,825 3,985 540 189,350 Note

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Samples: sft.listedcompany.com

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. Dharmniti Auditing *****/2 OTHER MATTER The statement of financial position of Xxxx Engineering Solutions Public Company Limited Bangkokas at December 31, Thailand May 132016, 2021 presented herewith for comparative information was audited by another auditor and expressed an unqualified opinion in report dated February 24, 2017. The statement of comprehensive income for the three-month and six-month periods ended June 30, 2016, changes in shareholder’s equity and cash flows for the six-month period ended June 30, 2016, presented herewith for comparative information, were reviewed by another auditor and stated that nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with the accounting standards No. 34 “Interim Financial Reporting”, whose report dated August 15, 2016. (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 10, 2017 ASSETS Note Thousand Baht As at March June As at December Note 30, 2017 31, 2021 31, 2020 Current assets 2016 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 30,372 35,866 Temporary investments 5 274,245 265,179 Trade and other current receivables 4.3, 5 170,240 149,479 6 269,471 291,317 Current portion of finance lease receivables 7 8,960 10,017 Unbilled receivables 19,695 7,140 Inventories 6 144,223 115,779 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - 8 287,234 237,566 Other current assets 1,291 496 Total current assets 549,590 526,492 Non289 750 TOTAL CURRENT ASSETS 890,266 847,835 NON-current assets Restricted deposits with financial institution 8 3,027 3,025 Property, plant and equipment CURRENT ASSETS General investment 242 242 Long-term finance lease receivables 7 7,903 10,044 Equipment 9 38,396 41,565 Goodwill 10 232,567 223,434 Right-of-use assets 334,672 334,672 Customer relationship 11 72,568 72,771 95,594 102,983 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 25,283 26,749 Other non-current assets 552 467 Total non16,022 15,761 TOTAL NON-current assets 324,897 316,390 CURRENT ASSETS 518,112 532,016 TOTAL ASSETS 874,487 842,882 1,408,378 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. statements As at March June As at December Note 30, 2017 31, 2021 31, 2020 Current liabilities 2016 CURRENT LIABILITIES Trade and other payables 13 202,742 176,566 Income tax payable 15,645 12,873 Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 Total provisions 928 168 Other current liabilities 121,338 114,553 Non4,111 4,641 TOTAL CURRENT LIABILITIES 223,426 194,248 NON-current CURRENT LIABILITIES Deferred tax liabilities Long-term loans from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions for employee 14,750 18,957 Employee's benefit 5,194 4,959 Total obligations 12,835 13,910 Other non-current liabilities 66,980 70,583 15,221 15,097 TOTAL NON-CURRENT LIABILITIES 42,806 47,964 TOTAL LIABILITIES 188,318 185,136 266,232 242,212 Notes to the interim financial statements form an integral part of these interim financial statements. As at March As at December Note 31, 2021 31, 2020 Shareholdersstatements SHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 Note As at June As at December 30, 2017 31, 2016 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 292,250 292,250 Issued and paid-up share capital 440,000,000 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 Share premium 292,250 292,250 Premium on ordinary shares 776,416 776,416 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 13,867 13,867 Unappropriated 74,749 46,326 59,613 55,106 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 1,142,146 1,137,639 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 1,408,378 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. Note statements Thousand Baht 2021 2020 (Restated) (Note 20) 2017 2016 Revenues Revenues from sale 184,825 161,916 sales 292,630 109,701 Revenue from rendering of services 35,637 11,034 Other income 4.4 4,525 3,180 3,120 5,094 Total revenues 189,350 165,096 331,387 125,829 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 201,673 81,858 Cost of rendering of services 33,570 11,712 Selling expenses 23,010 7,251 Administrative expenses 4.4 15,827 15,744 34,219 22,285 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 292,472 123,106 Profit before income tax expense 35,438 22,404 expenses 38,915 2,723 Income tax expense 19 7,015 4,761 expenses 7,908 340 Profit for the period 28,423 17,643 31,007 2,383 Other comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 31,007 2,383 Earnings per share (Baht) Basic earnings per share 20 0.06 0.09 (Baht per share) 16 0.05 0.01 Weighted average number of ordinary shares (shares) 584,500,000 350,000,000 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2017 Thousand Baht Retained earnings Note 2017 2016 Revenues Revenues from sales 561,996 242,675 Revenue from rendering of services 59,073 39,667 Other income 8,153 10,364 Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 revenues 629,222 292,706 Expenses Cost of sales 393,947 182,445 Cost of rendering of services 53,863 37,709 Selling expenses 43,188 16,107 Administrative expenses 68,281 36,676 Total expenses 559,279 272,937 Profit before income tax expenses 69,943 19,769 Income tax expenses 12,831 3,954 Profit for the period 57,112 15,815 Other comprehensive income for the period - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 57,112 15,815 Earnings per share Basic earnings per share (Baht per share) 16 0.10 0.05 Weighted average number of ordinary shares (shares) 584,500,000 350,000,000 Notes to the interim financial statements form an integral part of these statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2017 Thousand Baht Issued and Premium Retained earnings Total Note paid-up share capital on ordinary shares Appropriated legal reserve Unappropriated shareholders' equity Beginning balance as at January 1, 2016 175,000 218,306 11,840 46,651 451,797 Dividend - - - (35,000) (35,000) Total comprehensive income for the period - - - 15,815 15,815 Ending balance as at June 30, 2016 175,000 218,306 11,840 27,466 432,612 Beginning balance as at January 1, 2017 292,250 776,416 13,867 55,106 1,137,639 Dividend 14 - - - (52,605) (52,605) Total comprehensive income for the period - - - 57,112 57,112 Ending balance as at June 30, 2017 292,250 776,416 13,867 59,613 1,142,146 Notes to the interim financial statements. statements form an intergral part of these statements STATEMENT OF CASH FLOWS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2017 Baht 2017 2016 Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of profit 57,112 15,815 Allowance for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses doubtful account (reversal) (108878) (85) 363 Depreciation and amortization 7,803 2,364 Amortization of customer relationship 7,389 - Loss on declining in value devaluation of inventories (reversal) (248) 1,738 2,919 1,359 (Gain) loss on disposal disposals of equipment (3) 11 fixed assets 443 219 Unrealized (gain) loss on exchange rate 928 (5,999359) (1,985Gain) Employee benefit expense 235 226 loss on disposals of investment (1,833) 1,574 Unrealized (gain) loss on revaluation of temporary investments 726 (7,130) Interest income (30340) (1735) Interest expense 1,125 2,596 Dividend income (560) (261) Employee's benefit expenses 826 541 Income tax expense 7,015 4,761 12,831 3,954 Profit provided by from operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets 87,666 18,404 Trade and other current receivables 22,723 (155) Finance lease receivables 3,198 - Unbilled receivables (4,48212,555) 4,454 Inventories (55,477) (18,7541,902) Inventories (28,196) 12,431 Other current assets 461 (7956,679) (152) Deferred molds (369) 1,131 Other non-current assets (92261) - Increase (decrease) in operating liabilities 107 Trade and other payables 25,840 (22,768) Short-term provisicns 760 (51) Other current payables 5,032 liabilities (8,020530) (159) Employee's benefit obligations (1,901) - Other non-current liabilities 124 566 Cash received (paid) from operations 12,648 22,602 operating 70,048 (8,183) Income tax expense paid (4,97014,265) (4,3093,625) Net cash provided by (used in) operating activities 7,678 18,293 55,783 (11,808) Adjustment to reconcile profit (loss) for the period to net cash provided by (used in) operating activities : Increase (decrease) in operating liabilities Notes to the interim financial statements form an integral part of these interim financial statements. Thousand statements STATEMENT OF CASH FLOWS (CONT.) FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2017 Baht 2021 2020 2017 2016 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution temporary investments (27,959) (8) 40,583 Cash payments for purchase purchases of property, plant and equipment (29,755924) (8,798393) Cash receipts from disposal of equipment 59 - 439 443 Cash payments for purchase of intangible asset (102828) (3682,940) Interest income received 10 8 40 36 Dividends received 560 261 Net cash provided by (used in in) investing activities (29,7908,672) (9,166) 37,990 Cash flows from financing activities Increase Dividend paid (decrease) in short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - (5,556) Cash payments for repayment of lease liabilities (3,46152,605) (2,995) Interest expense paid (1,126) (2,61835,000) Net cash used in financing activities (5,47152,605) (7,63135,000) Net increase (decrease) in cash and cash equivalents (27,5835,494) 1,496 (8,818) Cash and cash equivalents - at beginning of period 110,738 4,900 35,866 28,184 Cash and cash equivalents - ending at end of period 83,155 6,396 Supplement disclosure for 30,372 19,366 Supplementaly disclosures of cash flows informationinformation : 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable Non-Cash transaction Liabilities incurred from acquisition of fixed assets 594 and intangible assets Liabilities incurred from acquisition of fixed assets and intangible assets as at January 1, 670 - Inventories transferred to fixed asset (2,2343,572) (20) Add Purchases of fixed assets and intangible assets 4,733 4,053 Less Cash payments for purchase of property, plant and equipment (29,7551,752) (8,798)3,313) Liabilities incurred from acquisition of fixed assets and intangible assets as at June 30, 79 720 Notes to the interim financial statements form an integral part of these statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED NOTES TO THE INTERIM FINANCIAL STATEMENTS JUNE 30, 2017

Appears in 1 contract

Samples: Harn Engineering Solutions

Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 1317, 2021 (Mr. Thanawut PiboonsawatMiss Chotima Kitsirakorn) Certified Public Accountant Registration No. 6699 7318 "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION AS AT MARCH 31, 2021 ASSETS In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at March As at December Note As at March As at December Notes 31, 2021 31, 2020 Current assets 31, 2021 31, 2020 6 7 19 5 1,055,346 177,203 7,297,896 124,590 - 11,361 85 4,631 8,671,112 77,450 177,836 6,424,629 148,590 - 7,385 85 4,779 6,840,754 921,762 1,183,093 5,411,341 124,590 1,109,660 4,261 85 - 8,754,792 48,656 1,128,256 4,370,075 148,590 1,095,000 - 85 - 6,790,662 10 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 Trade and other current receivables 4.3, 5 170,240 149,479 Inventories 6 144,223 115,779 Real estate projects under development Deposits for land Short-term loans to related parties Current tax assets Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - Other current assets 1,291 496 Total current assets 549,590 526,492 NonNON-current assets Restricted deposits with financial institution 8 3,027 3,025 CURRENT ASSETS Deposits at banks used as collateral Investments in subsidiaries Land held for development Investment properties Property, plant and equipment 10 232,567 223,434 Right-of-use assets 11 72,568 72,771 Prepaid rental expenses Leasehold rights Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Rental deposit Other non-current assets 552 467 Total non-current assets 324,897 316,390 TOTAL ASSETS 874,487 842,882 262,453 - 1,737,774 394,614 346,578 474,065 108,575 1,590,128 9,524 43,653 60,000 46,031 5,073,395 13,744,507 361,433 - 2,899,938 394,614 352,805 482,167 110,682 1,559,882 10,213 44,514 60,000 27,023 6,303,271 13,144,025 262,453 315,000 865,082 355,814 330,672 467,795 108,575 1,590,128 8,000 30,297 60,000 10,885 4,404,701 13,159,493 349,876 315,000 2,027,691 355,814 334,717 475,226 110,682 1,559,882 8,565 29,076 60,000 10,653 5,637,182 12,427,844 11 12 5 Notes to the interim financial statements form an integral part of these interim financial statements. "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021 LIABILITIES AND SHAREHOLDER' EQUITY In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at March As at December Note As at March As at December Notes 31, 2021 31, 2020 31, 2021 31, 2020 CURRENT LIABILITIES Bank overdrafts and short-term loans from financial institutions Trade and other current payables Current portion of long-term loans from financial institutions Current portion of long-term loans from other company Current portion of debentures Current portion of lease liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans related parties Construction retentions Unearned revenue from financial institution 15 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate construction Unrecognised income on installments due Income tax payable 2,873 1,638 Other current liabilities Total current liabilities 121,338 114,553 NonNON-current liabilities CURRENT LIABILITIES Long-term loans from financial institutions 15 3,333 8,333 Long-term loans from other company Long-term loans from related party Debentures Lease liabilities 4.3, 16 58,453 57,291 NonUtilities guarantees Provisions for employee benefit Other non-current provisions for employee benefit 5,194 4,959 Other non-current liabilities Total non-current liabilities 66,980 70,583 TOTAL LIABILITIES 188,318 185,136 315,408 513,849 427,092 734,216 315,408 741,575 427,092 880,407 13 13 578,223 592,029 452,687 335,041 13 14 13 5 370,938 4,384,611 28,980 - 198,983 71,285 116,604 9,871 96,408 6,685,160 360,938 2,838,655 32,032 - 191,628 39,715 204,326 5,161 93,102 5,518,894 370,938 4,384,611 20,129 10,472 159,206 - 104,579 4,030 39,644 6,603,279 360,938 2,838,655 29,299 20,122 157,355 - 184,154 4,030 37,858 5,274,951 13 13 5 14 13 211,920 202,812 - 2,435,276 473,714 1,011 115,658 15,000 69,909 3,525,300 10,210,460 587,191 112,812 - 2,670,040 477,151 2,006 116,140 15,000 70,879 4,051,219 9,570,113 7,734 202,812 9,700 2,435,276 469,922 1,011 105,243 15,000 45,654 3,292,352 9,895,631 383,005 112,812 9,700 2,670,040 472,650 2,006 106,188 15,000 48,332 3,819,733 9,094,684 Notes to the interim financial statements form an integral part of these interim financial statements. "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021 LIABILITIES AND SHAREHOLDER' EQUITY (CONT.) In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at March As at December Note As at March As at December Notes 31, 2021 31, 2020 Shareholders31, 2021 31, 2020 SHAREHOLDERS' equity Share capital Authorized EQUITY Authorised share capital 440,000,000 1,200,000,000 ordinary shares, shares of Baht 0.50 1 each 220,000 220,000 1,200,000 1,200,000 1,200,000 1,200,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on 980,000,000 ordinary shares Retained earnings of Baht 1 each 980,000 980,000 980,000 980,000 PREMIUM ON ORDINARY SHARES 669,210 669,210 669,210 669,210 RETAINED EARNINGS Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 97,593 97,593 97,593 97,593 Unappropriated 74,749 46,326 1,428,127 1,467,992 1,157,942 1,227,240 Subordinated perpetual debentures 300,000 300,000 300,000 300,000 Other components of shareholders' equity 59,117 59,117 59,117 59,117 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 3,534,047 3,573,912 3,263,862 3,333,160 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 13,744,507 13,144,025 13,159,493 12,427,844 Notes to the interim financial statements form an integral part of these interim financial statements. Note "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht 2021 Consolidated Separate Financial Statements Financial Statements Notes 0000 0000 0000 2020 (Restated) (Note 20) Revenues Revenues INCOME 5 Revenue from sale 184,825 161,916 of real estate 742,635 874,979 401,174 606,312 Revenue from construction service 171,632 3,506 - - Other income 4.4 4,525 3,180 15,557 32,555 41,077 52,072 Total revenues 189,350 165,096 Expenses income 929,824 911,040 442,251 658,384 EXPENSES 5 Cost of sales 4.4 128,964 117,683 sale of real estate 566,283 643,213 318,046 456,910 Cost of construction service 157,336 3,506 - - Distribution costs 4.4 7,723 6,551 59,175 89,075 42,628 66,133 Administrative expenses 4.4 15,827 15,744 88,929 99,160 83,816 72,048 Total expenses 152,514 139,978 871,723 834,954 444,490 595,091 Profit (loss) from operationg operating activities 36,836 25,118 58,101 76,086 (2,239) 63,293 Finance income 5 - - 19,267 18,989 Finance costs 4.4 1,398 2,714 85,193 71,860 83,110 68,959 Profit (loss) before income tax expense 35,438 22,404 (27,092) 4,226 (66,082) 13,323 Income tax (income) expense 19 7,015 4,761 Profit for the period 28,423 17,643 8,335 3,292 (1,222) 2,533 PROFIT (LOSS) FOR THE PERIOD (35,427) 934 (64,860) 10,790 Other comprehensive income (loss) for the period - - - - TOTAL COMPREHENSIVE INCOME (LOSS) FOR THE PERIOD (35,427) 934 (64,860) 10,790 Profit (loss) attributable to Parent company (35,427) 934 (64,860) 10,790 Non-controlling interests - - - - (35,427) - (35,427) 934 - 934 (64,860) - (64,860) 10,790 10,790 (35,427) 934 (64,860) 10,790 Total comprehensive income for the period 28,423 17,643 (loss) attributable to Parent company Non-controlling interests Basic earning (loss) per share Earnings (loss) per share (BahtBaht per share) Basic earnings per share 20 0.06 0.09 16 (0.0362) 0.0010 (0.0662) 0.0110 Notes to the interim financial statements form an integral part of these interim financial statements. AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht Consolidated Financial Statements Issued and Share premium Thousand Baht Premium Subordinated Retained earnings Earnings Other Components of Total Note paidPaid-up shares capital on ordinary shares Appropriated Ordinary perpetual Legal reserve Reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 Shareholders' Share Capital Shares debentures Surplus from asset Equity revaluation-land, net 980,000 669,210 300,000 97,593 1,467,992 59,117 3,573,912 Beginning balance as at January 1, 2021 Comprehensive income for the period Profit (loss) for the period Other comprehensive income (loss) for the period Total comprehensive income for the period Interest payment on subordinated perpetual debentures Balance as at March 31, 2021 - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 980,000 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 - 669,210 - - - - 300,000 - - - - 97,593 (35,427) - (35,427) (4,438) 1,428,127 - - - - 59,117 (35,427) - (35,427) (4,438) 3,534,047 Beginning balance as at January 1, 2020 Comprehensive income for the period Profit (loss) for the period Other comprehensive income (loss) for the period Total comprehensive income for the period Profit for the period Ending balance Interest payment on subordinated perpetual debentures Balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 980,000 669,210 300,000 88,293 1,294,948 59,117 3,391,568 - - - - 980,000 - - - - 669,210 - - - - 300,000 - - - - 88,293 934 - 934 (4,476) 1,291,406 - - - - 59,117 934 - 934 (4,476) 3,388,026 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities - 7 - AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht Separate Financial Statements Issued and Premium Subordinated Retained Earnings Other Components of Total Paid-up on Ordinary perpetual Legal Reserve Unappropriated shareholders' equity Shareholders' Share Capital Shares debentures Surplus from asset Equity revaluation-land, net 980,000 669,210 300,000 97,593 1,227,240 59,117 3,333,160 Beginning balance as at January 1, 2021 2020 Profit Comprehensive income for the period 28,423 17,643 Reconciliations of profit Profit (loss) for the period to cash provided by Other comprehensive income (used inloss) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses for the period Total comprehensive income for the period Interest payment on subordinated perpetual debentures Balance as at March 31, 2021 - - - - 980,000 - - - - 669,210 - - - - 300,000 - - - - 97,593 (reversal64,860) - (64,860) (1084,438) 1,157,942 - (8564,860) Loss on declining in value of inventories - - - (reversal64,860) - (2484,438) 1,738 59,117 3,263,862 Beginning balance as at January 1, 2020 Comprehensive income for the period Profit (Gainloss) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest for the period Other comprehensive income (303loss) for the period Total comprehensive income for the period Interest payment on subordinated perpetual debentures Balance as at March 31, 2020 980,000 669,210 300,000 88,293 1,106,187 59,117 3,202,807 - - - - 980,000 - - - - 669,210 - - - - 300,000 - - - - 88,293 10,790 - 10,790 (174,476) Interest expense 1,125 2,596 Income 1,112,501 - 10,790 - 10,790 - (4,476) 59,117 3,209,121 Notes to interim financial statements form an integral part of these statements. "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITEDAND ITS SUBSIDIARIES STATEMENT OF CASH FLOWS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht Consolidated Separate Financial Statements Financial Statements 0000 0000 0000 2020 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period Adjustment to reconcile profit (loss) to be net cash received (paid) Adjusted income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increaseincome) decrease in operating assets Trade expenses Adjusted finance costs Adjusted trade and other current receivables (4,482increase) decrease Adjusted real estate projects under development (18,754increase) Inventories decrease Adjusted deposits for land (28,196increase) 12,431 Other decrease Adjusted other current assets (795increase) (152) Deferred molds (369) 1,131 Other decrease Adjusted other non-current assets (92increase) - Increase (decrease) in operating liabilities Trade decrease Adjusted trade and other current payables 5,032 increase (8,020decrease) Cash received Adjusted construction retentions increase (decrease) Adjusted unearned revenue from operations 12,648 22,602 Income tax expense paid construction increase (4,970decrease) Adjusted unrecognised income on installments due increase (decrease) Adjusted other current liabilities increase (decrease) Adjusted utilities guarantee increase (decrease) Adjusted other non-current liabilities increase (decrease) Depreciation and amortization Adjusted expected cerdit loss (reverse) Adjusted loss from decline in value of real estate projects under development (reverse) Adjusted on provisions for compensation for housing estate juristic persons (reverse) Adjusted provisions for employee benefit obligations (reverse) (4,30935,427) 934 (64,860) 10,790 8,335 85,193 704 344,123 24,000 148 (11,623) (194,985) 7,355 3,292 71,860 12,781 374,475 (4,000) (123) 2,614 (36,923) 10,594 - (1,222) 83,110 (35,514) 173,761 24,000 - (232) (123,797) 1,851 - 2,533 68,959 5,814 262,648 (4,000) - 2,588 (47,894) 9,813 - (87,722) 2,074 (995) (1,876) 11,258 (71) 72,087 (21,931) 855 (7,038) 12,775 (4,752) (79,575) 1,158 (995) (2,971) 9,225 9,987 20,702 12,880 855 495 10,771 (4,483) (1,804) - (1,804) - 2,138 (482) 2,163 2,792 921 (945) 1,257 1,641 Notes to interim financial statements form an integral part of these statements. "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITEDAND ITS SUBSIDIARIES STATEMENT OF CASH FLOWS (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht Consolidated Separate Financial Statements Financial Statements 0000 0000 0000 2020 11,762 7,836 11,762 7,836 193,675 500,291 3,860 363,205 (97) (212) (19,364) (19,201) (14,125) (9,702) (4,260) (6,662) 179,453 490,377 (19,764) 337,342 Adjusted on amortisation of premium on debentures Net cash provided by (used in) operating activities 7,678 18,293 Interest income Income tax paid Net cash provided by (used in) operating activities CASH FLOWS FROM INVESTING ACTIVITIES Cash paid for purchase of investment in subsidiaries Cash paid for purchase of equipment Cash paid for purchase of Investment properties Proceed from short-term loans to related parties Repayment of short-term loans from related parties Interest received (Increase) decrease in deposits at banks used as collateral Increase in leasehold rights Net cash provided by (used in) investing activities CASH FLOWS FROM FINANCING ACTIVITIES Cash received from proceeds from debentures Cash paid for repayment of debentures Cash paid for transaction cost from issue of debenture Cash received from short-term loans from related parties Cash paid for repayment of short-term loans from related parties Cash received from long-term loans from financial institutions Cash paid for repayment of long-term loans from financial institutions Cash received from long-term loans from other company - (72) - - - 97 98,980 (3,241) 95,764 - (24) (14) - - 212 6,567 (106,288) (99,547) - (66) - (260,600) 236,078 97 87,423 (3,241) 59,691 (2,998) (24) (14) (29,026) 44,657 212 8,599 (106,288) (84,882) 1,550,000 (221,642) (28,928) - - 30,040 (419,117) 100,000 1,835,500 (654,500) (29,894) - - 453,110 (400,169) - 1,550,000 (221,642) (28,928) - (9,650) 6,487 (264,112) 100,000 1,835,500 (654,500) (29,894) 14,877 - 399,425 (248,684) - Notes to the interim financial statements form an integral part of these interim financial statements. "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITEDAND ITS SUBSIDIARIES STATEMENT OF CASH FLOWS (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 In Thousand Baht 2021 Consolidated Separate Financial Statements Financial Statements 0000 0000 0000 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments for purchase of property, plant and equipment (29,755) (8,798) Cash receipts from disposal of equipment 59 - Cash payments for purchase of intangible asset (102) (368) Interest income received 10 8 Net cash used in investing activities (29,790) (9,166) Cash flows from financing activities Increase (decrease) in bank overdrafts and short-term loan from financial institutions (884) 3,538 Cash payments for long-term loans from financial institution - institutions (5,556111,684) 80,879 (111,684) 80,879 Cash payments paid for repayment of lease liabilities (3,46116,826) (2,9955,856) (12,467) (5,113) Finance costs paid (174,726) (167,806) (170,387) (158,372) Interest expense paid of subordinated perpetual debentures (1,1264,438) (2,6184,476) (4,438) (4,476) Net cash provided by (used in in) financing activities (5,471) (7,631) 702,679 1,106,788 833,179 1,229,642 Net increase (decrease) in cash and cash equivalents (27,583) 1,496 977,896 1,497,618 873,106 1,482,102 Cash and cash equivalents - beginning of period 110,738 4,900 as at January 1, 77,450 65,928 48,656 42,486 Cash and cash equivalents - ending as at March 31, 1,055,346 1,563,546 921,762 1,524,588 Non-cash transactions Depreciation expense which is include as a part of period 83,155 6,396 Supplement disclosure for cash flows information: 1real estate project under development Borrowing costs which is included as a part of real eatate under development cost Expenses under contracts which is included as a part of leasehold rights Borrowing costs which is included as a part of construction in process of leasehold rights 1,483 1,875 344 769 50,132 85,932 49,472 78,404 4,598 3,857 4,598 3,857 22,407 22,262 22,407 22,262 Notes to interim financial statements form an integral part of these statements. Reconciliation of cash paid for purchase of propertyAREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES NOTES TO INTERIM FINANCIAL STATEMENTS‌‌ MARCh 31, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)2021

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Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 COMPARATIVE STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2011 I have previously audited the financial statements for the year ended December 31, 2011 of Hot Pot Public Company Limited in accordance with generally accepted auditing standards and expressed an unqualified opinion on those statements in my report dated February 28, 2012. The statement of financial position as at December 31, 2011, presented herewith for comparative purposes, was a part of the financial statements referred to above. I have not performed any auditing procedures since that date. Dharmniti Auditing Company Limited Bangkok, Thailand May 13November 9, 2021 2012 2012/1037/0250 (Mr. Thanawut PiboonsawatXxxx Xxxxxxx Xxxxxxx-Xxxxxxxx) Certified Public Accountant Registration No. 6699 ASSETS Thousand 4996 ASSETS‌ Note Baht As at March September As at December Note 30, 2012 31, 2021 31, 2020 Current assets 2011 CURRENT ASSETS Cash and cash equivalents 83,155 110,738 5 95,416,847 17,883,604 Trade and other current receivables 4.3, 5 170,240 149,479 accounts receivable 6 1,726,181 1,821,983 Other accounts receivable 11,380,678 7,965,418 Inventories 6 144,223 115,779 Other current financial assets 7 150,000 150,000 Derivative assets 21 681 - 21,671,935 41,040,674 Other current assets 1,291 496 Total current assets 549,590 526,492 Non8 44,864,854 31,996,682 TOTAL CURRENT ASSETS 175,060,495 100,708,361 NON-current assets Restricted deposits with financial institution 8 3,027 3,025 CURRENT ASSETS Property, plant and equipment 9 453,607,714 385,431,137 Leasehold rights 10 232,567 223,434 Right-of-use 103,286,943 113,112,081 Intangible assets 11 72,568 72,771 Intangible assets 12 4,795 4,870 Deferred tax assets 3,601 4,405 Deferred molds 6,587 6,218 Non8,787,900 9,965,061 Refundable deposits and others 23 106,314,618 91,816,822 TOTAL NON-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 552 467 Total non-current assets 324,897 316,390 CURRENT ASSETS 671,997,175 600,325,101 TOTAL ASSETS 874,487 842,882 847,057,670 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. statements LIABILITIES AND SHAREHOLDERS' EQUITY Baht CURRENT LIABILITIES Note As at March September As at December Note 30, 2012 31, 2021 31, 2020 Current liabilities Short-term loans 2011 Bank overdrafts from financial institutions 12 35,737 5,749,636 Trade accounts payable 118,217,605 183,645,143 Other accounts payable 54,891,683 50,618,367 Account payable - purchase of assets from Daidomon 25.1, 25.2 - 33,740,104 Account payable - leasehold from financial institution 25.4 86,551,132 88,435,911 Xxxxx purchased payable 13,783,475 14,111,535 Current portion of liability under hire-purchase contracts 13 - 3,146 Trade and other current payables 4.3, 14 88,978 82,909 Derivative liabilities 21 - 3,500 6,503,787 2,639,665 Current portion of long-terms term loans from financial institution 15 16,667 11,667 related parties 4, 14 - 27,170,984 Current portion of lease liabilities 4.3, 16 12,820 11,693 Corporate income tax payable 2,873 1,638 Total current liabilities 121,338 114,553 Non-current liabilities Longlong-term loans loan from financial institutions 15 3,333 8,333 Lease liabilities 4.3, 16 58,453 57,291 Non-current provisions for employee benefit 5,194 4,959 Total non-48,449,523 37,500,000 Accrued corporate income tax - 2,264,610 Account payable - the Revenue Department 6,148,131 5,184,596 Other current liabilities 66,980 70,583 5,543,905 5,195,488 TOTAL CURRENT LIABILITIES 188,318 185,136 340,124,978 456,256,039 Notes to the interim financial statements form an integral part of these interim financial statements. statements LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Baht As at March September As at December Note 30, 2012 31, 2021 31, 2020 Shareholders2011 NON-CURRENT LIABILITIES Liability under hire-purchase contracts 13 12,191,575 5,839,076 Long-term loan from financial institutions 15 80,537,112 26,384,550 Employee benefit obligations 16 2,122,986 1,756,543 Assets retirement obligation 10,488,317 8,569,153 TOTAL NON-CURRENT LIABILITIES 105,339,990 42,549,322 TOTAL LIABILITIES 445,464,968 498,805,361 SHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 406,000,000 ordinary shares, shares of Baht 0.50 0.25 each 220,000 220,000 17 101,500,000 101,500,000 Issued and paid-up share capital 440,000,000 406,000,000 ordinary shares, shares of Baht 0.50 0.25 each 220,000 220,000 17 101,500,000 344,615,360 ordinary shares of Baht 0.25 each 17 86,153,840 Share premium on ordinary shares 17 199,343,291 49,646,160 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 12,663 12,663 19 3,859,935 - Unappropriated 74,749 46,326 96,889,476 66,428,101 TOTAL SHAREHOLDERS' EQUITY 686,169 657,746 401,592,702 202,228,101 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 874,487 842,882 847,057,670 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIODS ENDED SEPTEMBER 30, 2012 AND 2011 Revenues Note Thousand Baht 2021 2020 (Restated) (Note 20) Revenues 2012 2011 Revenues from sale 184,825 161,916 the sales of goods 459,638,634 359,379,007 Other income 4.4 4,525 3,180 9,533,203 3,770,121 Total revenues 189,350 165,096 469,171,837 363,149,128 Expenses Cost of sales 4.4 128,964 117,683 Distribution costs 4.4 7,723 6,551 of goods 202,397,382 165,580,080 Selling expenses 223,229,715 166,997,153 Administrative expenses 4.4 15,827 15,744 32,207,180 21,604,499 Directors and management benefit expenses 4 3,655,729 3,458,103 Loss from branches closing and renovation 9 1,881,763 - Finance costs 4 2,654,464 1,540,775 Total expenses 152,514 139,978 Profit from operationg activities 36,836 25,118 Finance costs 4.4 1,398 2,714 466,026,233 359,180,610 Profit before income tax expense 35,438 22,404 3,145,604 3,968,518 Income tax expense 19 7,015 4,761 21 916,949 1,578,254 Profit for the period 28,423 17,643 Other comprehensive income 2,228,655 - 2,390,264 - Comprehensive income for the period - - Total comprehensive income for the period 28,423 17,643 Earnings per share (Baht) 2,228,655 2,390,264 Basic earnings per share 20 0.06 0.09 Net profit (Baht per share) 22 0.01 0.01 Notes to the interim financial statements form an integral part of these interim financial statements. Issued statements STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2012 AND 2011 Revenues Note Baht 2012 2011 Revenues from the sales of goods 1,385,865,031 1,057,419,368 Other income 28,827,079 11,268,369 Total revenues 1,414,692,110 1,068,687,737 Expenses Cost of sales of goods 609,710,651 475,970,099 Selling expenses 658,763,399 463,907,513 Administrative expenses 79,904,056 53,364,674 Directors and Share premium Thousand Baht Retained earnings management benefit expenses 4 11,079,487 10,169,723 Loss from branches closing and renovation 9 3,086,681 1,198,588 Finance costs 4 8,485,495 5,666,333 Total Note paid-up shares capital on ordinary shares Appropriated Legal reserve Unappropriated shareholders' equity 100,000 - 4,926 122,886 227,812 expenses 1,371,029,769 1,010,276,930 Profit before income tax 43,662,341 58,410,807 Income tax 21 9,341,031 18,254,534 Profit for the period 34,321,310 40,156,273 Other comprehensive income - - - 17,643 17,643 100,000 - 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 - - - 28,423 28,423 220,000 378,757 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Total comprehensive Comprehensive income for the period Profit for the period Ending balance as at March 31, 2020 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period Ending balance as at March 31, 2021 34,321,310 40,156,273 Basic earnings per share 22 Notes to the interim financial statements form an integral part of these statements STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2012 AND 2011 Note Common shares Preferred shares Legal reserve Unappropriated Total Beginning balance, as at January 1, 2012 86,153,840 - 49,646,160 - 66,428,101 202,228,101 Increase of share capital 17 15,346,160 - - - - 15,346,160 Surplus of common stocks 17 - - 149,697,131 - - 149,697,131 Legal reserve 19 - - - 3,859,935 (3,859,935) - Comprehensive profit for the period - - - - 34,321,310 34,321,310 Ending balance, as at September 30, 2012 101,500,000 - 199,343,291 3,859,935 96,889,476 401,592,702 Beginning balance, as at January 1, 2011 as previously reported 56,000,000 860,000 - - 27,542,064 84,402,064 Adjustment The cumulative effect of change in accounting policy on employee benefits - - - - (1,005,443) (1,005,443) Balance as at January 1, 2011 - after adjusted 56,000,000 860,000 - - 26,536,621 83,396,621 Increase of share capital 17 29,293,840 - - - - 29,293,840 Surplus of common stocks 17 - - 49,646,160 - - 49,646,160 Conversion of preference shares to capital share 17 860,000 (860,000) - - - - Comprehensive profit for the period - - - - 40,156,273 40,156,273 Ending balance, as at September 30, 2011 86,153,840 - 49,646,160 - 66,692,894 202,492,894 Issued and paid- up share capital Baht Share premium Retained earnings Notes to interim financial statements. statements form an integral part of these statements STATEMENTS OF CASH FLOWS FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2012 AND 2011 Baht 2012 2011 Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 28,423 17,643 Reconciliations of 34,321,310 40,156,273 Adjustment to reconcile profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 11,413 11,078 Bad debt and expected credit losses (reversal) (108) (85) Loss on declining in value of inventories (reversal) (248) 1,738 (Gain) loss on disposal of equipment (3) 11 Unrealized (gain) loss on exchange rate (5,999) (1,985) Employee benefit expense 235 226 Interest income (303) (17) Interest expense 1,125 2,596 Income tax expense 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (4,482) (18,754) Inventories (28,196) 12,431 Other current assets (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities Trade and other current payables 5,032 (8,020) Cash received from operations 12,648 22,602 Income tax expense paid (4,970) (4,309) Net net cash provided by (used in) operating activities 7,678 18,293 : Allowance for doubtful account (reversal) (135,000) (60,000) Depreciation and amortization 98,550,039 61,829,423 Loss from branches closing and renovation 3,086,681 1,198,588 (Gain) loss on sale of fixed assets (744,135) (323,134) Interest incomes (91,930) (86,010) Employee benefit 672,593 563,328 Cost of asset dismantlement 193,669 19,941 Interest expenses 8,291,826 5,666,333 Income tax 9,341,031 18,254,534 Profit from before changes in operating assets and liabilities 153,486,084 127,219,276 (Increase) decrease in operating assets Trade accounts receivable 230,802 17,463 Inventories 19,368,739 5,283,156 Other accounts receivable and other current assets (11,241,598) 7,066,820 Increase (decrease) in operating liabilities Trade accounts payable (65,427,538) 27,436,465 Other accounts payable 4,273,316 12,572,417 Other current liabilities 1,311,952 (802,623) Cash received from operating 102,001,757 178,792,974 Interest income received 91,930 86,010 Employee benefit paid (306,150) - Income tax paid (11,942,158) (17,439,989) Net cash provided by operating activities 89,845,379 161,438,995 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand statements STATEMENTS OF CASH FLOWS (CONT.) FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 31, 2012 AND 2011 Baht 2021 2020 2012 2011 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (2) (8) Cash payments paid for purchase of property, plant and equipment (29,755145,956,240) (8,798121,800,055) Cash receipts from disposal received for sale of equipment 59 Cash paid for leasehold rights Cash received for sale of leasehold rights Cash paid for intangible assets 3,830,373 (1,955,647) 2,336,449 (1,725,137) 510,748 - - (3,334,820) Xxxx paid for refundable deposits and others (14,707,796) (22,189,169) Cash paid to purchase the assets of Daidomon (33,740,104) - Increase (decrease) in account payable-leasehold from financial institution 1,067,007 - Xxxx paid to account payable-leasehold from financial institution (6,905,768) - Cash payments paid to accounts payable for purchase of intangible asset products (102328,060) (368) Interest income received 10 8 - Net cash used in investing activities (29,790198,084,923) (9,166146,813,296) Cash flows from financing activities Increase (decrease) in shortbank overdrafts from financial institutions (5,713,899) (1,121,449) Cash paid to liability under financial lease contracts - (324,239) Cash paid to liability under hire-purchase contracts (3,466,276) (1,155,381) Cash paid to long-term loan from related parties (27,170,984) (83,940,000) Cash received for long-term loan from financial institutions 90,961,000 63,019,549 Cash paid to long-term loan from financial institutions (88425,858,915) 3,538 (55,229,804) Xxxx received from issued ordinary shares 165,043,291 78,940,000 Xxxx paid to interest expenses (8,021,430) (5,428,496) Cash payments for paid to long-term loans loan from financial institution related persons - (5,556) Cash payments for repayment of lease liabilities (3,461) (2,995) Interest expense paid (1,126) (2,6184,750,000) Net cash provided by (used in in) financing activities 185,772,787 (5,471) (7,6319,989,820) Net increase (decrease) in cash and cash equivalents (27,583) 1,496 77,533,243 4,635,879 Cash and cash equivalents - at beginning of period 110,738 4,900 17,883,604 20,702,881 Cash and cash equivalents - ending at end of period 83,155 6,396 Supplement disclosure for 95,416,847 25,338,760 Additional disclosures of cash flows informationinformation : 1. Reconciliation The Company acquired fixed assets by means of cash paid for - Liabilities under hire-purchase contracts 16,295,337 6,646,272 Notes to interim financial statements form an integral part of propertythese statements NOTES TO INTERIM FINANCIAL STATEMENTS SEPTEMBER 30, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)2012

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Samples: jckh.listedcompany.com

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