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 14, 2021 (Miss Xxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 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 31, 2020 31, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 Short-term to related parties - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment in subsidiaries 11 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 Deferred tax assets 16 16,175 18,931 14,384 17,140 Other non-current assets 4,785 9,297 4,664 9,186 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021

Appears in 1 contract

Samples: investor.ncgroup.co.th

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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 1413, 2021 2020 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 4752 ASSETS In Thousand Baht Consolidated Financial Statements financial statements Separate Financial Statements financial statements As at March As at December As at March As at December Note 31, 2021 Notes 31, 2020 31, 2021 2019 31, 2020 31, 2019 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 6 174,930 182,190 87,675 94,272 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 5, 7 165,732 700,182 85,993 470,895 Unbilled receivables 23 1,439,650 1,138,172 744,336 411,365 Accounts receivable - retention under construction contracts 5 240,176 215,366 73,385 68,764 Advances paid to subcontractors under construction contracts 5 465,417 519,906 171,055 195,643 Construction in progress 23 210,337 80,348 47,897 73,685 Inventories 8 5,571 5,569 5,514 5,514 Short-term loans to related parties 5 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 - - Withholding tax deducted at source 134,274 132,129 99,493 105,134 Other current assets 2,006 2,750 1,506 2,836 39,347 37,720 15,997 20,071 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 2,875,434 3,011,582 1,331,345 1,445,343 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment at banks 9 10,541 10,541 - - Long-term loans to related parties 5 - - - - Investments in subsidiaries 11 10 - - 86,864 86,864 Investment property 476,198 476,073 Investments in associates 11 98,404 25,375 100,000 25,375 Investments in joint ventures 12 224,060 221,229 224,060 221,229 25,979 26,238 2,376 2,376 Property, plant and equipment 13 104,548 100,180 76,374 77,276 570,224 595,909 547,955 570,690 Right-of-use assets 14 20,566 21,723 10,041 10,817 23,972 - 11,100 - Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 10,502 10,747 10,334 10,566 Deferred tax assets 16 16,175 18,931 14,384 17,140 22,854 28,972 13,402 13,367 Other non-current assets 4,785 9,297 4,664 9,186 6,959 6,271 5,467 5,468 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 769,435 704,053 1,166,832 1,103,915 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 3,644,869 3,715,635 2,498,177 2,549,258 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” CURRENT LIABILITIES Bank overdrafts and short-term loans In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Notes 31, 2020 31, 2019 31, 2020 31, 2019 from banks 15 496,838 473,051 321,838 249,051 Trade and other payables 5, 16 416,406 508,637 229,053 265,726 Unbilled payable Unearned construction - 3 revenue Accounts payable - N.C. HOUSING PUBLIC COMPANY LIMITED retention under construction contracts 647,178 - 112,192 561,624 - 100,572 192,819 - 6,357 87,707 - 13,104 Advances received from customers under construction contracts 23 940,852 986,559 373,908 387,031 Short-term loans from related parties 5 - - 625,000 748,000 Provision for liabilities under construction projects 17 44,984 76,893 7,221 8,101 Current portion of debentures 18 - 30,000 - 30,000 Current portion of lease liabilities Income tax payable Other current liabilities 19 11,430 - 16,615 2,291 - 39,717 5,682 - 3,426 526 - 28,077 Total current liabilities 2,686,495 2,779,344 1,765,304 1,817,323 NON-CURRENT LIABILITIES Lease liabilities - net of current portion 19 15,370 1,582 7,518 1,582 Provision for long-term employee benefits 20 75,114 75,122 62,996 63,328 Provision for litigation 26.1 20,000 20,000 20,000 20,000 Total non-current liabilities 110,484 96,704 90,514 84,910 TOTAL LIABILITIES 2,796,979 2,876,048 1,855,818 1,902,233 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Notes 31, 2020 31, 2019 31, 2020 31, 2019 Share capital Registered 9,587,146,838 ordinary shares of Baht 0.125 each 1,198,393 1,198,393 1,198,393 1,198,393 Issued and paid-up 9,587,146,838 ordinary shares of Baht 0.125 each 1,198,393 1,198,393 1,198,393 1,198,393 Share premium - - - - Other deficit (2,956) (2,956) - - Retained earnings (deficit) Appropriated - statutory reserve The Company - - - - Subsidiary 4,108 4,108 - - Unappropriated (335,404) (347,048) (556,034) (551,368) Other components of shareholders' equity 13,845 15,616 - - Equity attributable to owners of the Company 877,986 868,113 642,359 647,025 Non-controlling interests of the subsidiaries (30,096) (28,526) - - Total shareholders' equity 847,890 839,587 642,359 647,025 TOTAL LIABILITIES AND ITS SUBSIDIARIES SHAREHOLDERS' EQUITY 3,644,869 3,715,635 2,498,177 2,549,258 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements Notes 2020 2019 2020 2019 REVENUES 5 Construction services income 951,326 789,535 474,714 312,280 Other service income 4,237 2,866 - - Interest income 227 14 227 13 Other income 7,576 9,316 9,053 7,116 Total revenues 963,366 801,731 483,994 319,409 EXPENSES Cost of construction services 5 854,983 755,047 406,836 303,706 Cost of other services 2,643 2,143 - - Administrative expenses 80,862 82,080 74,310 72,938 Total expenses 938,488 839,270 481,146 376,644 Profit (loss) before share of profit (loss) from investments in associates and joint ventures, finance cost and income tax expenses 24,878 (37,539) 2,848 (57,235) Share of profit (loss) from investments in associates 11.2 (1,596) - - - Share of profit (loss) from investments in joint ventures 12.2 (259) 1,080 - - Profit (loss) before finance cost and income tax expenses 23,023 (36,459) 2,848 (57,235) Finance cost 5 5,710 8,750 7,549 10,289 Profit (loss) before income tax expenses 17,313 (45,209) (4,701) (67,524) Income tax income (expenses) 21 (6,119) (3,038) 35 1,047 PROFIT (LOSS) FOR THE STATEMENTS PERIOD 11,194 (48,247) (4,666) (66,477) Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements Notes 2020 2019 2020 2019 Other comprehensive income: Other comprehensive income to be reclassified to profit or loss in subsequent periods: Exchange differences on translation of financial statements in foreign currency - net of income tax (2,891) 353 - - Other comprehensive income to be reclassified to profit or loss in subsequent periods - net of income tax (2,891) 353 - - Other comprehensive income for the period (2,891) 353 - - Total comprehensive income for the period 8,303 (47,894) (4,666) (66,477) Profit (loss) attributable to: Equity holders of the Company 11,644 (47,816) (4,666) (66,477) Non-controlling interests of the subsidiaries (450) (431) - - 11,194 (48,247) (4,666) (66,477) Total comprehensive income attributable to: Equity holders of the Company 9,873 (48,161) (4,666) (66,477) Non-controlling interests of the subsidiaries (1,570) 267 - - 8,303 (47,894) (4,666) (66,477) Earnings per share Basic earnings (loss) per share Profit (loss) attributable to equity holders of the Company 22 0.0012 (0.0078) (0.0005) (0.0108) Notes to interim financial statements form an integral part of these statements. Issued and Share premium STATEMENT OF FINANCIAL POSITION CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2020 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 Total other attributable to interests of equity share capital revaluation other deficit The Company Subsidiary components of shareholders of the subsidiaries of investment in subsidiaries Exchange differences on translation of financial statements in foreign currency Share of other comprehensive income from associate shareholders' equity the Company Balance as at January 1, 2019 770,396 1,041,740 (2,956) (2,956) 73,371 4,108 (1,168,875) 13,626 900 14,526 732,310 (29,295) 703,015 Loss for the period - - - - - - (47,816) - - - (47,816) (431) (48,247) Other comprehensive income for the period - - - - - - - (345) - (345) (345) 698 353 Total comprehensive income for the period - - - - - - (47,816) (345) - (345) (48,161) 267 (47,894) Balance as at March 31, 2019 770,396 1,041,740 (2,956) (2,956) 73,371 4,108 (1,216,691) 13,281 900 14,181 684,149 (29,028) 655,121 Balance as at January 1, 2020 1,198,393 - (2,956) (2,956) - 4,108 (347,048) 14,716 900 15,616 868,113 (28,526) 839,587 Profit for the period - - - - - - 11,644 - - - 11,644 (450) 11,194 Other comprehensive income for the period - - - - - - - (1,771) - (1,771) (1,771) (1,120) (2,891) Total comprehensive income for the period - - - - - - 11,644 (1,771) - (1,771) 9,873 (1,570) 8,303 Balance as at March 31, 2020 1,198,393 - (2,956) (2,956) - 4,108 (335,404) 12,945 900 13,845 877,986 (30,096) 847,890 Notes to interim financial statements form an integral part of these statements. STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (CONT.) AS AT FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 20212020 In Thousand Baht Separate financial statements Issued and Share premium Retained earnings (deficit) Total paid-up share capital Appropriated - Unappropriated Statutory reserve shareholders'equity Balance as at January 1, 2019 770,396 1,041,740 73,371 (1,386,222) 499,285 Loss for the period Other comprehensive income for the period - - - (66,477) - - - - (66,477) - Total comprehensive income for the period - - - (66,477) (66,477) Balance as at March 31, 2019 770,396 1,041,740 73,371 (1,452,699) 432,808 Balance as at January 1, 2020 1,198,393 - - (551,368) 647,025 Loss for the period Other comprehensive income for the period - - - (4,666) - - - - (4,666) - Total comprehensive income for the period - - - (4,666) (4,666) Balance as at March 31, 2020 1,198,393 - - (556,034) 642,359 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Cash flows from operating activities Profit (loss) before tax 17,313 (45,209) (4,701) (67,524) Adjustments to reconcile profit (loss) before tax to net cash provided by (paid from) operating activities Depreciation and amortisation 29,460 29,176 25,865 26,096 Allowance for doubtful debt - - 3,688 17,060 Unrealised (gain) loss on exchange rate (356) 940 (355) 939 (Gain) loss on disposal of equipment (237) (1,901) - (900) Loss on write-off of equipment 10 41 8 41 Share of loss from investments in associate 1,596 - - - Share of (profit) loss from investments in joint venture 259 (1,080) - - Provision for liabilities under construction projects 1,000 7,898 - 7,898 Provision for long-term employee benefits 3,687 3,139 3,035 2,591 Amortised transaction cost of debenture - 250 - 250 Interest income (227) (14) (227) (13) Interest expenses 5,710 8,745 7,549 10,289 Profit (loss) from operating activities before changes in operating assets and liabilities 58,215 1,985 34,862 (3,273) (Increase) decrease in operating assets Trade and other receivables 546,139 117,336 384,902 68,829 Unbilled receivables (301,478) (85,567) (332,971) 38,376 Accounts receivable - retention under construction contracts (36,499) 8,004 (4,621) 2,027 Advance paid to subcontractors under construction contracts 54,489 6,437 24,588 50,680 Construction in progress (129,989) 14,676 25,788 (16,445) Inventories (2) (27) - - Other current assets (1,627) 5,816 4,074 12,054 Other non-current assets (688) (73) 1 78 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Increase (decrease) in operating liabilities Trade and other payables (88,972) (82,020) (33,517) (105,633) Unbilled payables 85,554 65,336 105,112 (31,088) Unearned construction revenue - (6,000) - - Accounts payable - retention under construction contracts 11,620 19,904 (6,747) (1,633) Advances received from customers under construction contracts (45,707) 246,037 (13,123) (11,485) Other current liabilities (23,102) 13,668 (24,651) (4,256) Cash flows from provide by (used in) operating activities 127,953 325,512 163,697 (1,769) Xxxx paid for provision for liabilities under construction projects (32,909) (6,409) (880) (5,796) Xxxx paid for provision for long-term employee benefits (3,695) (768) (3,367) (768) Cash paid for income tax (23,145) (19,833) (15,358) (12,989) Received from withholding tax refund 20,999 - 20,999 - Net cash flows provided by (used in) operating activities 89,203 298,502 165,091 (21,322) Cash flows from investing activities Decrease (increase) in short-term loans to related parties - - (3,688) - Xxxx paid for investing in associate (74,625) - (74,625) - Interest income 227 14 227 13 Xxxx received from disposal of equipment 336 2,234 - 1,159 Cash paid for purchase of property, plant and equipment (4,331) (36,300) (3,853) (35,497) Net cash flows provided by (used in) investing activities (78,393) (34,052) (81,939) (34,325) Cash flows from financing activities Increase in short-term loans from banks 23,787 136,124 72,787 17,928 Cash receive from short-term loans from related parties - - 208,000 360,000 Cash paid for short-term loans from related parties - - (331,000) (133,600) Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Repayment of debentures (30,000) (150,000) (30,000) (150,000) Interest expenses (5,777) (9,801) (8,175) (7,456) Decrease in lease liabilities (3,189) (1,033) (1,361) - Net cash flows provided by (used in) financing activities (15,179) (24,710) (89,749) 86,872 Increase (decrease) in translation adjustment (2,891) 353 - - Net increase (decrease) in cash and cash equivalents (7,260) 240,093 (6,597) 31,225 Cash and cash equivalents at the beginning of the period 182,190 82,256 94,272 7,181 Cash and cash equivalents at the end of the period 174,930 322,349 87,675 38,406 Supplemental cash flows information Non-cash items consist of Increase (decrease) in purchase of fixed assets and intangible assets that have yet to be paid (2,533) 6,514 (2,123) 6,514 Accrued payables the investment in subsidiaries - - 125 - Lease liabilities 25,814 - 12,275 - Notes to interim financial statements form an integral part of these statements. NOTES TO INTERIM FINANCIAL STATEMENTS MARCH 31, 2020

Appears in 1 contract

Samples: TRC Construction

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 14August 10, 2021 (Miss Xxxxxxx XxxxxxxxxxxRoongnapha Saengchan) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 10142 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March June As at December As at March As at December Note 31Notes 30, 2021 31, 2020 31, 2021 31, 2020 CURRENT ASSETS Current assets Cash and cash equivalents 358,765 64,808 350,623 57,072 5 202,862 135,910 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 Short-term to related parties - - 20,000 10,000 6 62,993 65,304 Accrued income from social security office 7 50,816 46,570 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 41,463 52,043 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 9 620,833 671,715 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NON978,967 971,542 Non-CURRENT ASSETS Restricted deposits with current assets Fixed deposit pledge as collateral 9 13,587 13,587 Other-non current financial institutions 10 12,731 11,019 12,731 11,019 Investment in subsidiaries 11 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 assets 9 153,333 138,000 Property, plant and equipment 13 104,548 100,180 76,374 77,276 10 724,682 740,053 Right-of-use assets 14 20,566 21,723 10,041 10,817 11 4,098 4,026 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 Deferred tax assets 16 16,175 18,931 14,384 17,140 12 30,734 33,542 Other non-current assets 4,785 9,297 4,664 9,186 169 169 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 926,603 929,377 Total assets 1,905,570 1,900,919 Notes to the interim financial statements form an integral intergral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021

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 14, 2021 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 4752 ASSETS In Thousand Baht Consolidated Financial Statements financial statements Separate Financial Statements financial statements As at March As at December As at March As at December Note Notes 31, 2021 31, 2020 31, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 5 57,480 89,785 35,434 2,248 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 4, 6 345,039 283,298 186,415 138,010 Unbilled receivables 7, 22 1,491,297 1,117,635 514,754 314,182 Accounts receivable - retention under construction contracts 4, 7 310,132 271,170 142,398 125,197 Advances paid to subcontractors under construction contracts 4 379,288 498,303 46,574 175,760 Construction in progress 22 293,095 329,386 106,542 182,858 Inventories 8 22,029 1,676 1,608 1,608 Short-term loans to related parties 4 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 50 50 Withholding tax deducted at source 184,677 173,259 134,929 123,410 Other current assets 2,006 2,750 1,506 2,836 52,711 44,558 19,060 14,326 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,135,748 2,809,070 1,187,764 1,077,649 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment at banks 9 3,202 32,198 354 29,350 Long-term loans to related parties 4 - - - - Investments in subsidiaries 10 - - 476,498 476,198 Investments in associates 11 - - 86,864 86,864 Investment property - - Investments in joint ventures 12 224,060 221,229 224,060 221,229 122,348 123,584 102,376 102,376 Property, plant and equipment 13 104,548 100,180 76,374 77,276 626,765 618,357 587,770 578,351 Right-of-use assets 14 20,566 21,723 10,041 10,817 29,201 29,622 16,728 14,485 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 12,789 13,273 12,549 13,067 Deferred tax assets 16 16,175 18,931 14,384 17,140 46,118 49,703 19,733 15,144 Other non-current assets 4,785 9,297 4,664 9,186 4,120 3,430 1,673 1,681 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 844,543 870,167 1,217,681 1,230,652 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 3,980,291 3,679,237 2,405,445 2,308,301 Notes to interim financial statements form an integral part of these statements. CURRENT LIABILITIES Bank overdrafts and short-term loans In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Notes 31, 2021 31, 2020 31, 2021 31, 2020 from financial institutions 15 805,811 709,460 457,362 414,660 Trade and other current payables 4, 16 863,476 718,490 455,386 406,437 Unbilled payable 640,828 454,391 75,201 12,883 Unearned construction - revenue Accounts payable - retention under construction contracts 7 75 178,275 10,055 158,959 75 16,467 10,055 9,587 Advances received from customers under construction contracts 7, 22 887,171 913,865 187,989 261,310 Short-term loans from related parties 4 - - 728,000 642,000 Provision for liabilities under construction projects 17 175,851 166,974 67,324 7,852 Current portion of lease liabilities 18 17,420 16,709 9,521 9,156 Income tax payable 16 - - - Other current liabilities 11,612 15,851 5,504 11,071 Total current liabilities 3,580,535 3,164,754 2,002,829 1,785,011 NON-CURRENT LIABILITIES Lease liabilities 18 16,693 15,673 11,551 8,057 Non-current provisions for employee benefits 19 55,259 82,107 31,994 68,339 Provision for litigation 25.1 20,000 20,000 20,000 20,000 Total non-current liabilities 91,952 117,780 63,545 96,396 TOTAL LIABILITIES 3,672,487 3,282,534 2,066,374 1,881,407 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Notes 31, 2021 31, 2020 31, 2021 31, 2020 Share capital Registered 9,587,146,838 ordinary shares of Baht 0.125 each 1,198,393 1,198,393 1,198,393 1,198,393 Issued and paid-up 9,587,146,838 ordinary shares of Baht 0.125 each 1,198,393 1,198,393 1,198,393 1,198,393 Share premium - - - - Other deficit (2,956) (2,956) - - Retained earnings (deficit) Appropriated - statutory reserve The Company - - - - Subsidiary 4,108 4,108 - - Unappropriated (878,698) (791,218) (859,322) (771,499) Other components of shareholders' equity 15,554 17,393 - - Equity attributable to owners of the Company 336,401 425,720 339,071 426,894 Non-controlling interests of the subsidiaries (28,597) (29,017) - - Total shareholders' equity 307,804 396,703 339,071 426,894 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 3,980,291 3,679,237 2,405,445 2,308,301 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements Notes 0000 0000 0000 2020 REVENUES 4 Construction services income 1,185,022 951,326 640,740 474,714 Other service income 6,566 4,237 - - Sales income 235 - - - Interest income - 227 - 227 Other income 8,157 7,576 10,529 9,053 Total revenues 1,199,980 963,366 651,269 483,994 EXPENSES Cost of construction services 4 1,237,883 854,983 725,013 406,836 Cost of other services 3,204 2,643 - - Cost of sales 131 - - - Administrative expenses 61,838 80,862 47,910 74,310 Total expenses 1,303,056 938,488 772,923 481,146 Profit (loss) before share of profit (loss) from investments in associates and joint ventures, finance cost and income tax expenses (103,076) 24,878 (121,654) 2,848 Share of profit (loss) from investments in joint ventures 12.2 (1,309) (1,855) - - Profit (loss) before finance cost and income tax expenses (104,385) 23,023 (121,654) 2,848 Finance cost 4 7,454 5,710 9,419 7,549 Profit (loss) before income tax expenses (111,839) 17,313 (131,073) (4,701) Income tax income (expenses) 20 1,892 (6,119) 12,321 35 PROFIT (LOSS) FOR THE PERIOD (109,947) 11,194 (118,752) (4,666) Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements Notes 0000 0000 0000 2020 Other comprehensive income: Components of other comprehensive income that will be reclassified to profit or loss Exchange differences on translation of financial statements in foreign currency (977) (2,891) - - Components of other comprehensive income that will not be reclassified to profit or loss Actuarial gains 22,025 - 30,929 - Other comprehensive income for the period - net of income tax 21,048 (2,891) 30,929 - Total comprehensive income for the period (88,899) 8,303 (87,823) (4,666) Profit (loss) attributable to: Equity holders of the Company (109,505) 11,644 (118,752) (4,666) Non-controlling interests of the subsidiaries (442) (450) - - (109,947) 11,194 (118,752) (4,666) Total comprehensive income attributable to: Equity holders of the Company (89,319) 9,873 (87,823) (4,666) Non-controlling interests of the subsidiaries 420 (1,570) - - (88,899) 8,303 (87,823) (4,666) Earnings per share 21 Basic earnings (loss) per share Profit (loss) attributable to equity holders of the Company (0.0114) 0.0012 (0.0124) (0.0005) Notes to interim financial statements form an integral part of these statements. "UNAUDITED” “" "REVIEWED” - 3 - N.C. HOUSING " Issued and TRC CONSTRUCTION PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE STATEMENTS THREE-MONTH PERIOD ENDED MARCH 31, 2021 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 Total other attributable to interests of equity share capital revaluation other deficit The Company Subsidiary components of shareholders of the subsidiaries of investment in subsidiaries Exchange differences on translation of financial statements in foreign currency Share of other comprehensive income from associate shareholders' equity the Company 1,198,393 (2,956) (2,956) - 4,108 (347,048) 14,716 900 15,616 868,113 (28,526) 839,587 - - - - - 11,644 - - - 11,644 (450) 11,194 - - - - - - (1,771) - (1,771) (1,771) (1,120) (2,891) - - - - - 11,644 (1,771) - (1,771) 9,873 (1,570) 8,303 1,198,393 (2,956) (2,956) - 4,108 (335,404) 12,945 900 13,845 877,986 (30,096) 847,890 1,198,393 (2,956) (2,956) - 4,108 (791,218) 16,493 900 17,393 425,720 (29,017) 396,703 - - - - - (109,505) - - - (109,505) (442) (109,947) - - - - - 22,025 (1,839) - (1,839) 20,186 862 21,048 - - - - - (87,480) (1,839) - (1,839) (89,319) 420 (88,899) 1,198,393 (2,956) (2,956) - 4,108 (878,698) 14,654 900 15,554 336,401 (28,597) 307,804 Balance as at January 1, 2020 Profit (loss) for the period Other comprehensive income for the period Total comprehensive income for the period Balance as at March 31, 2020 Balance as at January 1, 2021 Profit (loss) for the period Other comprehensive income for the period Total comprehensive income for the period Balance as at March 31, 2021 Notes to interim financial statements form an integral part of these statements. " UNAUDITED" " REVIEWED" TRC CONSTRUCTION PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION CHANGES IN SHAREHOLDERS' EQUITY (CONT.) AS AT FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 20212021 In Thousand Baht Separate financial statements Issued and Retained earnings (deficit) Total paid-up Appropriated - Unappropriated shareholders' share capital Statutory reserve equity Balance as at January 1, 2020 1,198,393 - (551,368) 647,025 Profit (loss) for the period - - (4,666) (4,666) Other comprehensive income for the period - - - - Total comprehensive income for the period - - (4,666) (4,666) Balance as at March 31, 2020 1,198,393 - (556,034) 642,359 Balance as at January 1, 2021 1,198,393 - (771,499) 426,894 Profit (loss) for the period - - (118,752) (118,752) Other comprehensive income for the period - - 30,929 30,929 Total comprehensive income for the period - - (87,823) (87,823) Balance as at March 31, 2021 1,198,393 - (859,322) 339,071 Notes to interim financial statements form an integral part of these statements. STATEMENT OF CASH FLOWS FOR THE THREE-MONTH PERIOD MARCH 31, 2021 In Thousand Baht Consolidated financial statements Separate financial statements 0000 0000 0000 2020 Cash flows from operating activities Profit (loss) before tax (111,839) 17,313 (131,073) (4,701) Adjustments to reconcile profit (loss) before tax to net cash provided by (paid from) operating activities Depreciation and amortisation 18,540 29,460 15,087 25,865 Allowance for doubtful debt - - - 3,688 Unrealised (gain) loss on exchange rate (21) (356) (21) (355) (Gain) loss on disposal of equipment (94) (237) (93) - Loss on write-off of equipment 12 10 12 8 (Gain) loss from cancellation of lease agreement (52) - (66) - Share of (profit) loss from investments in joint venture 1,236 1,855 - - Provision for liabilities under construction projects 138,466 1,000 138,466 - Non-current provisions for employee benefits 3,284 3,687 2,317 3,035 Interest income - (227) - (227) Interest expenses 7,454 5,710 9,419 7,549 Profit (loss) from operating activities before changes in operating assets and liabilities 56,986 58,215 34,048 34,862 (Increase) decrease in operating assets Trade and other current receivables (61,741) 546,139 (48,405) 384,902 Unbilled receivables (373,662) (301,478) (200,572) (332,971) Accounts receivable - retention under construction contracts (38,962) (36,499) (17,201) (4,621) Advance paid to subcontractors under construction contracts 119,015 54,489 129,186 24,588 Construction in progress 36,291 (129,989) 76,316 25,788 Inventories (20,353) (2) - - Other current assets (8,153) (1,627) (4,734) 4,074 Other non-current assets (690) (688) 8 1 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated financial statements Separate financial statements 0000 0000 0000 2020 Increase (decrease) in operating liabilities Trade and other current payables 152,220 (88,972) 48,619 (33,517) Unbilled payables 186,437 85,554 62,318 105,112 Unearned construction revenue (9,980) - (9,980) - Accounts payable - retention under construction contracts 19,316 11,620 6,880 (6,747) Advances received from customers under construction contracts (26,694) (45,707) (73,321) (13,123) Other current liabilities (4,239) (23,102) (5,567) (24,651) Cash flows from provide by (used in) operating activities 25,791 127,953 (2,405) 163,697 Xxxx paid for provision for liabilities under construction projects (129,589) (32,909) (78,994) (880) Cash paid for non-current provision for employee benefits (2,600) (3,695) - (3,367) Cash paid for income tax (17,952) (23,145) (11,519) (15,358) Received from withholding tax refund 6,522 20,999 - 20,999 Net cash flows provided by (used in) operating activities (117,828) 89,203 (92,918) 165,091 Cash flows from investing activities Decrease in restricted deposits at banks 28,996 - 28,996 - Decrease in short-term loans to related parties - - - (3,688) Cash paid for investing in subsidiaries - - (300) - Cash paid for investing in joint venture - (74,625) - (74,625) Interest income - 227 - 227 Xxxx received from disposal of equipment 96 336 93 - Cash paid for purchase of property, plant and equipment (27,771) (4,331) (25,518) (3,853) Cash paid for purchase of intangible assets (79) - (30) - Net cash flows provided by (used in) investing activities 1,242 (78,393) 3,241 (81,939) Cash flows from financing activities Increase (decrease) in bank overdrafts and short-term loans from financial institutions 96,351 23,787 42,702 72,787 Cash receive from short-term loans from related parties - - 114,000 208,000 Cash paid for short-term loans from related parties - - (28,000) (331,000) Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated financial statements Separate financial statements 0000 0000 0000 2020 Repayment of debentures - (30,000) - (30,000) Interest expenses (7,009) (5,777) (3,303) (8,175) Decrease in lease liabilities (4,084) (3,189) (2,536) (1,361) Net cash flows provided by (used in) financing activities 85,258 (15,179) 122,863 (89,749) Increase (decrease) in translation adjustment (977) (2,891) - - Net increase (decrease) in cash and cash equivalents (32,305) (7,260) 33,186 (6,597) Cash and cash equivalents at the beginning of the period 89,785 182,190 2,248 94,272 Cash and cash equivalents at the end of the period 57,480 174,930 35,434 87,675 Supplemental cash flows information Non-cash items consist of Increase (decrease) in purchase of fixed assets and intangible assets that have yet to be paid (7,180) (2,533) (5,497) (2,123) Accrued payables the investment in subsidiaries - - - 125 Lease liabilities 7,877 25,814 7,877 12,275 Notes to interim financial statements form an integral part of these statements.

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 the accounting standards No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 14November 10, 2021 2017 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” 4752 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements CURRENT ASSETS Note As at September As at December As at September As at December 30, 2017 31, 2016 30, 2017 31, 2016 Cash and cash equivalents 37,778 13,240 35,744 10,782 Short-term investments 699 696 699 696 Trade accounts receivable 107 - 2 - - Short-term loan to related parties 4 - - 55,000 57,000 Inventories 5 495,761 622,874 495,761 622,874 Property development costs 6 2,162,945 2,608,548 2,162,945 2,608,548 Land held for development 7 1,793,635 1,464,839 1,720,227 1,391,431 Other current assets 4 9,143 20,336 14,475 23,221 Total current assets 4,500,068 4,730,533 4,484,851 4,714,552 NON-CURRENT ASSETS Deposit pledged as collateral 8 8,279 8,223 8,279 8,223 Investment in subsidiaries 9 - - 11,864 11,864 Investment property 10 206,655 214,237 206,655 214,237 Property, plant and equipment 11 120,512 123,737 119,980 122,438 Intangible assets 12 5,739 4,930 5,739 4,930 Witholding tax 12,181 6,756 11,968 6,457 Deferred tax asstes 21 8,898 4,569 7,177 2,848 Other non-current assets 4,108 4,091 4,108 4,092 Total non-current assets 366,372 366,543 375,770 375,089 TOTAL ASSETS 4,866,440 5,097,076 4,860,621 5,089,641 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at September As at December As at September As at December Note 30, 2017 31, 2016 30, 2017 31, 2016 CURRENT LIABILITIES Bank overdrafts and short-term loans from the financial institutions 13 397,902 1,171,188 397,902 1,171,188 Trade notes payable 56,614 47,494 56,614 47,494 Trade accounts payable and other payable 81,442 106,749 81,442 106,748 Payable to related parties 4 25,679 39,333 27,296 42,655 Accrued expenses 4 29,943 15,287 28,849 14,115 Current portion of liabilities under the finance lease agreement Current portion of long-term loan from 14 809 829 809 829 the financial institutions 15 168,354 329,998 168,354 329,998 Short-term loan from other company 16 135,124 - 135,124 - Short-term loan from related parties 4 276,000 - 276,000 - Short-term loan from the director 4 - 81,000 - 81,000 Advance received from customers 10,520 23,654 10,520 23,653 Retention from contractors 80,407 80,311 80,148 79,927 Other current liabilities 486 496 418 409 Total current liabilities 1,263,280 1,896,339 1,263,476 1,898,016 NON-CURRENT LIABILITIES Liabilities under the finance lease agreement 14 234 840 234 840 Long-term loans from the financial institutions 15 1,028,136 647,696 1,028,136 647,696 Employee benefit obligations 17 43,779 39,885 42,483 38,740 Provision for compensation for housing estate juristic persons Liabilities from purchasing the real 18 15,768 14,844 15,768 14,844 estate project 19 32,147 32,147 28,604 28,604 Total non-current liabilities 1,120,064 735,412 1,115,225 730,724 TOTAL LIABILITIES 2,383,344 2,631,751 2,378,701 2,628,740 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at September As at December As at September As at December 30, 2017 31, 2016 30, 2017 31, 2016 SHAREHOLDER’S EQUITY Share capital Authorized share capital 1,245,284,305 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Issued and paid-up share capital 1,245,283,691 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Premium on share capital 577,530 577,530 577,530 577,530 Retained earnings Appropriated - legal reserve 68,050 68,050 68,050 68,050 Unappropriated 592,232 574,461 591,056 570,037 Other components of equity - - - - Total equity attributable to company's shareholders 2,483,096 2,465,325 2,481,920 2,460,901 Non-controlling interests - - - - TOTAL SHAREHOLDER’S EQUITY 2,483,096 2,465,325 2,481,920 2,460,901 TOTAL LIABILITIES AND SHAREHOLDER’S EQUITY 4,866,440 5,097,076 4,860,621 5,089,641 Notes to interim financial statements form an integral part of these statements. Sales 369,953 287,467 369,953 287,467 Rental income and service 5,386 4,930 4,193 4,063 Other income 4 2,528 1,691 3,342 2,555 Total Revenues 377,867 294,088 377,488 294,085 EXPENSES Cost of sales 4 235,405 197,728 235,405 197,729 Cost for rent and service 5,318 4,560 4,458 3,710 Selling expenses 49,111 39,463 49,111 39,463 Administrative expenses 4 41,044 41,989 40,526 41,389 Management benefit expenses 4 7,986 7,693 7,986 7,693 Finance costs 4 31,041 9,973 31,032 9,964 Total Expenses 369,905 301,406 368,518 299,948 Income (loss) before tax expenses 7,962 (7,318) 8,970 (5,863) Tax expenses (income) 21 (3,226) (1,223) (3,226) (1,063) Profit (loss) for the period Other comprehensive income Items that will not be reclassified to profit or loss 11,188 (6,095) 12,196 (4,800) Actuarial loss from post-employee benefit, net of income tax Items that may be reclassified subsequently to profit or loss Total comprehensive income for the period 17 - - - - - - - - 11,188 (6,095) 12,196 (4,800) Profit (loss) attributable to Shareholders' equity of the parent company 11,188 (6,095) 12,196 (4,800) Non-controlling interests - - - - 11,188 (6,095) 12,196 (4,800) Total comprehensive income attributable to Shareholders' equity of the parent company 11,188 (6,095) 12,196 (4,800) Non-controlling interests - - - - 11,188 (6,095) 12,196 (4,800) BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 20 Basic earning (loss) per share (Baht per share) 0.009 (0.005) 0.010 (0.004) Notes to interim financial statements form an integral part of these statements. Sales 1,074,401 1,071,470 1,074,401 1,071,470 Rental income and service 15,530 15,552 12,468 12,500 Other income 4 7,383 10,803 9,699 12,840 Total Revenues 1,097,314 1,097,825 1,096,568 1,096,810 XPENSES Cost of sales 4 709,341 722,631 709,341 722,820 Cost for rent and service 16,204 15,614 12,962 12,853 Selling expenses 137,309 130,621 137,309 130,621 Administrative expenses 4 128,595 131,522 127,870 129,850 Management benefit expenses 4 23,885 22,902 23,885 22,902 Finance costs 4 62,862 54,536 62,835 54,023 Total Expenses 1,078,196 1,077,826 1,074,202 1,073,069 E Income (loss) before tax expenses 19,118 19,999 22,366 23,741 Tax expenses (income) 21 1,347 4,901 1,347 5,382 Profit (loss) for the period 17,771 15,098 21,019 18,359 Other comprehensive income Items that will not be reclassified to profit or loss Actuarial loss from post-employee benefit, net of income tax 17 - (331) - (325) Items that may be reclassified subsequently to profit or loss - - - - Total comprehensive income for the period 17,771 14,767 21,019 18,034 Profit (loss) attributable to Shareholders' equity of the parent company 17,771 15,098 21,019 18,359 Non-controlling interests - - - - 17,771 15,098 21,019 18,359 Total comprehensive income attributable to Shareholders' equity of the parent company 17,771 14,767 21,019 18,034 Non-controlling interests - - - - 17,771 14,767 21,019 18,034 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 20 Basic earning (loss) per share (Baht per share) 0.014 0.012 0.017 0.015 Notes to interim financial statements form an integral part of these statements. - 7 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31CHANGES IN SHAREHOLDERS' EQUITY FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2021 ASSETS 2017 “UNAUDITED” “REVIEWED” In Thousand Baht Consolidated Financial Statements Shareholders' equity of the parent company Non-controlling Total Share capital Premium on Retained earnings Other Total interests issued and share capital Appropriated Unappropriated components Note paid-up legal reserve of equity Beginning balance as at January 1, 2017 1,245,284 577,530 68,050 574,461 - 2,465,325 - 2,465,325 Comprehensive income Profit for the period - - Other comprehensive income for the period - - Total comprehensive income for the period - - - - - 17,771 - 17,771 - - - 17,771 - 17,771 - - - 17,771 - 17,771 Ending balance as at September 30, 2017 1,245,284 577,530 68,050 592,232 - 2,483,096 - 2,483,096 Beginning balance as at January 1, 2016 1,185,985 577,530 66,750 621,256 - 2,451,521 - 2,451,521 Dividend paid - - - (6,589) - (6,589) - (6,589) Stock dividend 59,299 - - (59,299) - - - - Comprehensive income Profit for the period - - - 15,098 - 15,098 - 15,098 Other comprehensive income for the period - - - (331) - (331) - (331) Total comprehensive income for the period - - - 14,767 - 14,767 - 14,767 Ending balance as at September 30, 2016 1,245,284 577,530 66,750 570,135 - 2,459,699 - 2,459,699 Notes to interim financial statements form an integral part of these statements. N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2017 “UNAUDITED” “REVIEWED” Share capital Premium on In ThousandBaht Separate Financial Statements As Retained earnings Other Total Note issued and share capital Appropriated Unappropriated components paid-up legal reserve of equity Beginning balance as at March As January 1, 2017 1,245,284 577,530 Comprehensive income Profit for the period - - 68,050 - 570,037 21,019 - - 2,460,901 21,019 Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 21,019 - 21,019 Ending balance as at December As September 30, 2017 1,245,284 577,530 68,050 591,056 - 2,481,920 Beginning balance as at March As January 1, 2016 1,185,985 577,530 66,750 611,864 - 2,442,129 Dividend paid - - - (6,589) - (6,589) Stock dividend Comprehensive income 59,299 - - (59,299) - - Profit for the period - - - 18,359 - 18,359 Other comprehensive income for the period - - - (325) - (325) Total comprehensive income for the period - - - 18,034 - 18,034 Ending balance as at December Note 31September 30, 2021 31, 2020 31, 2021 31, 2020 CURRENT ASSETS Cash 2016 1,245,284 577,530 66,750 564,010 - 2,453,574 Notes to interim financial statements form an integral part of these statements. Consolidated Financial Statements Separate Financial Statements 0000 0000 0000 0000 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period 17,771 15,098 21,019 18,359 Add (less) Adjustments to reconcile profit (loss) for the period to net cash provided by (used in) operating activities : Depreciation and cash equivalents 358,765 64,808 350,623 57,072 amortization 19,841 20,023 19,074 19,074 Unrealized gain from trading securities (3) (3) (3) (3) Allowance for doubtful account - 4,404 - 4,404 (Gain) loss from sale and amortization of fixed assets 5,875 (322) 5,875 (322) Loss from write-off account asset - 81 - - Gain from written-off accounts payable and accrued expenses - (3,444) - (3,403) Provision for compensation for housing estate juristic persons 1,265 2,283 1,265 2,283 Employee benefit expenses 3,004 2,739 2,880 2,606 Interest income (2,473) (139) (2,469) (2,141) Interest expenses 62,862 54,536 62,835 54,023 Tax expenses (income) 1,347 4,901 1,347 5,382 Income from operating activities before changes in operating assets and liabilities 109,489 100,157 111,823 100,262 Decrease (increase) in operating assets Trade accounts receivable (107) (4,431) - (4,404) Inventories 127,113 (212,596) 127,113 (212,596) Property development costs 146,611 327,935 146,611 328,124 Land held for development - (14,427) - (14,427) Deposit from purchase land - (61,418) - (61,418) Other current assets 5,264 (13,054) 2,817 (12,995) Other non-current assets (17) 1,145 (17) 1,145 Notes to interim financial statements form an integral part of these statements. Consolidated Financial Statements Separate Financial Statements 0000 0000 0000 0000 Increase (decrease) in operating liabilities Trade notes payable 9,120 23,633 9,120 23,633 Trade accounts payable and other payable (25,307) (5,920) (25,306) (4,800) Payable to related parties (13,654) 12,139 (15,359) 12,292 Accrued expenses 3,240 (21,545) 3,317 (19,774) Advance received from customers (13,132) 832 (13,132) 832 Retention from contractors 95 1,449 221 1,600 Other current receivables 5,6 15,619 8,881 14,192 7,336 Shortliabilities (10) 66 8 (34) Cash receivable (paid) from the operations 348,705 133,965 347,216 137,440 Xxxx received from interest income 82 139 78 124 Witholding taxes refunded from Revenue Department 169 80 - - Income tax expenses paid (11,272) (14,474) (11,186) (14,378) Xxxx paid for provision for compensation for housing estate juristic persons (342) (11,703) (342) (11,703) Xxxx paid for libilities from purchasing the real estate project - (10,950) - (10,950) Net cash provided by (used in) operating activities 337,342 97,057 335,766 100,533 CASH FLOWS FROM INVESTING ACTIVITIES Cash paid for short-term loan to related parties - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NON- (35,500) Cash received from short-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment in subsidiaries 11 term loan to related parties - - 86,864 86,864 Investment 2,000 - Increase in short-term investments (55) 4,617 (55) 4,617 Increase in investment property 12 224,060 221,229 224,060 221,229 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use - (14) - (14) Proceeds from sales of fixed assets 14 20,566 21,723 10,041 10,817 Intangible - 350 - 350 Cash paid for purchase of fixed assets 15 4,153 4,170 3,938 3,989 Land held (4,910) (4,167) (4,910) (4,167) Cash paid for development 1,157,468 1,184,982 1,084,417 1,111,931 Deferred tax purchase of intangible assets 16 16,175 18,931 14,384 17,140 Other non-current assets 4,785 9,297 4,664 9,186 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 (1,715) (397) (1,715) (397) Net cash provided by (used in) investing activities (6,680) 389 4,680 (35,111) Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 11 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION CASH FLOWS (CONT.) AS AT MARCH 31FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 20212017 CASH FLOWS FROM FINANCING ACTIVITIES In Thousand Baht Consolidated Financial Statements Separate Financial Statements 0000 0000 0000 0000 Increase (decrease) in bank overdrafts and short-term loans from the financial institutions (773,285) 326,167 (773,285) 326,167 Cash paid for liabilities under finance lease agreement (625) (1,046) (625) (1,046) Cash received from short-term loan from other company 170,000 - 170,000 - Cash paid for short-term loan from other company (34,876) - (34,876) - Xxxx received from short-term loan a related party 306,000 - 306,000 - Cash paid for short-term loan from related party (30,000) - (30,000) - Xxxx received from short-term loan from the director 165,000 95,000 165,000 95,000 Cash paid for short-term loan from the directors (246,000) (159,000) (246,000) (124,000) Xxxx received from long-term loans 861,523 398,347 861,523 398,347 Cash paid for long-term loans (642,727) (673,674) (642,727) (673,674) Interest paid (81,134) (95,586) (81,134) (95,588) Dividend paid - (6,589) - (6,589) Net cash provided by (used in) financing activities (306,124) (116,381) (306,124) (81,383) Net increase (decrease) in cash and cash equivalents 24,538 (18,935) 24,962 (15,961) Cash and cash equivalents, beginning of period 13,240 29,700 10,782 24,111 Cash and cash equivalents, end of period 37,778 10,765 35,744 8,150 Supplemental disclosures of cash flows information 1) Cash and cash equivalents consisted of : Cash on hand 437 552 437 552 Cash at bank 37,341 10,213 35,307 7,598 Total 37,778 10,765 35,744 8,150

Appears in 1 contract

Samples: Finance Lease 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 the accounting standards No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 1417, 2021 2022 (Miss Xxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 ASSETS In Thousand Baht Consolidated Separate Financial Statements Separate Financial Statements As at March As at December As at March As at December Note Notes 31, 2022 31, 2021 31, 2020 2022 31, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 6 375,064 503,425 226,420 302,341 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 7 160,545 176,585 1,187,327 1,154,363 Unbilled revenue from construction service 70,855 58,826 - - Real estate projects under development 8 6,692,806 6,523,486 4,673,590 4,828,560 Deposits for land 20 107,000 126,590 107,000 126,590 Short-term loans to related parties 5 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 1,384,382 1,056,164 Current tax assets 7,075 34,886 3,833 15,762 Other current financial assets 86 86 86 86 Other current assets 4,518 5,256 - - Total current assets 7,417,949 7,429,140 7,582,638 7,483,866 NON-CURRENT ASSETS Deposits at banks used as collateral 9 430,489 454,020 430,489 454,020 Investments in subsidiaries - - 364,995 364,995 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 8 1,738,221 1,737,497 865,082 865,082 Investment in subsidiaries 11 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 properties 382,564 382,564 343,764 343,764 Property, plant and equipment 13 104,548 100,180 76,374 77,276 10 630,422 636,202 624,045 628,468 Right-of-use assets 14 20,566 21,723 10,041 10,817 11 444,968 448,225 437,787 444,622 Leasehold rights 12 1,724,781 1,687,004 1,724,781 1,687,004 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 7,142 7,703 5,972 6,397 Deferred tax assets 16 16,175 18,931 14,384 17,140 42,471 43,811 28,171 28,636 Retention receivables from construction 39,846 36,351 - - Other non-current assets 4,785 9,297 4,664 9,186 55,134 20,426 27,180 11,238 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 5,496,038 5,453,803 4,852,266 4,834,226 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 12,913,987 12,882,943 12,434,904 12,318,092 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 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 Company Limited Bangkok, Thailand May 1411, 2021 2023 (Miss Xxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 ASSETS In Thousand Baht Consolidated Separate Financial Statements Separate Financial Statements As at March As at December As at March As at December Note Notes 31, 2021 2023 31, 2020 2022 31, 2021 2023 31, 2020 2022 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 6 82,482 135,106 33,263 72,721 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 7 235,758 216,130 1,317,235 1,229,307 Unbilled revenue from construction service 8 67,967 79,541 - - Real estate projects under development 9 6,772,194 6,767,777 4,312,526 4,410,770 Deposits for land 10 - - - - Short-term loans to related parties 5 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 1,347,446 1,341,613 Current tax assets 9,132 30,261 2,783 16,195 Other current financial assets 964 964 720 720 86 86 86 86 Other current assets 2,006 2,750 1,506 2,836 3,331 3,331 - - Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 7,170,950 7,232,232 7,013,339 7,070,692 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment Deposits at banks used as collateral 15.8, 15.9 589,749 544,839 589,749 544,839 Investments in subsidiaries 11 - - 86,864 86,864 2,853,995 2,853,995 Land held for development 1,714,316 1,714,316 990,803 990,803 Investment property 12 224,060 221,229 224,060 221,229 properties 554,904 554,904 516,104 516,104 Property, plant and equipment 13 104,548 100,180 76,374 77,276 12 611,239 614,707 609,647 612,887 Right-of-use assets 13 306,424 305,972 10,134 10,946 Leasehold rights 14 20,566 21,723 10,041 10,817 2,266,279 2,146,541 - - Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 4,871 5,477 4,254 4,724 Deferred tax assets 16 16,175 18,931 14,384 17,140 56,879 50,214 18,740 19,417 Retention receivables from construction 53,466 47,157 - - Other non-current assets 4,785 9,297 4,664 9,186 83,734 53,533 37,617 21,480 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 6,241,861 6,037,660 5,631,043 5,575,195 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 13,412,811 13,269,892 12,644,382 12,645,887 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021In Thousand Baht Consolidated Separate

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 Company Limited Bangkok, Thailand May 14August 13, 2021 (Miss Xxxxxxx XxxxxxxxxxxChotima Kitsirakorn) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 ASSETS In Thousand Baht Consolidated Separate Financial Statements Separate Financial Statements As at March June As at December As at March June As at December Note 31Notes 30, 2021 31, 2020 3130, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 183,120 77,450 73,713 48,656 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 6 150,205 177,836 1,137,907 1,128,256 Real estate projects under development 7 7,075,035 6,424,629 5,278,371 4,370,075 Deposits for land 20 124,590 148,590 124,590 148,590 Short-term loans to related parties 5 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 1,036,169 1,095,000 Current tax assets 19,996 7,385 7,717 - Other current financial assets 85 85 85 85 Other current assets 4,591 4,779 - - Total current assets 7,557,622 6,840,754 7,658,552 6,790,662 NON-CURRENT ASSETS Deposits at banks used as collateral 8 1,392,784 1,642,014 1,399,954 1,642,014 342,128 361,433 342,128 349,876 Investments in subsidiaries 9 - - 364,000 315,000 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NON-CURRENT ASSETS Restricted deposits with financial institutions 7 1,737,774 2,899,938 865,082 2,027,691 Investment properties 10 12,731 11,019 12,731 11,019 Investment in subsidiaries 11 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 394,614 394,614 355,814 355,814 Property, plant and equipment 13 104,548 100,180 76,374 77,276 340,273 352,805 326,564 334,717 Right-of-use assets 14 20,566 21,723 10,041 10,817 11 472,015 482,167 466,418 475,226 Prepaid rental expenses 106,444 110,682 106,444 110,682 Leasehold rights 12 1,623,075 1,559,882 1,623,075 1,559,882 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 8,839 10,213 7,440 8,565 Deferred tax assets 16 16,175 18,931 14,384 17,140 44,245 44,514 30,952 29,076 Rental deposit 5 60,000 60,000 60,000 60,000 Other non-current assets 4,785 9,297 4,664 9,186 53,674 27,023 10,561 10,653 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 5,183,081 6,303,271 4,558,478 5,637,182 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 12,740,703 13,144,025 12,217,030 12,427,844 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 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 No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 14August 13, 2021 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 4752 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March June As at December As at March June As at December Note 31Notes 30, 2021 31, 2020 3130, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 5 70,631 89,785 29,447 2,248 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 4, 6 592,794 283,298 182,513 138,010 Unbilled receivables 7, 22 1,796,381 1,117,635 693,671 314,182 Accounts receivable - retention under construction contracts 4, 7 280,666 271,170 111,231 125,197 Advances paid to subcontractors under construction contracts 4 431,776 498,303 69,948 175,760 Construction in progress 22 185,426 329,386 73,570 182,858 Inventories 8 22,005 1,676 1,608 1,608 Short-term loans to related parties 4 750 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 400 50 Withholding tax deducted at source 199,211 173,259 147,286 123,410 Other current assets 2,006 2,750 1,506 2,836 61,746 44,558 13,683 14,326 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,641,386 2,809,070 1,323,357 1,077,649 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment at banks 9 3,071 32,198 221 29,350 Long-term loans to related parties 4 - - - - Investments in subsidiaries 10 - - 476,498 476,198 Investments in associates 11 - - 86,864 86,864 Investment property - - Investments in joint ventures 12 224,060 221,229 224,060 221,229 123,256 123,584 102,376 102,376 Property, plant and equipment 13 104,548 100,180 76,374 77,276 630,337 618,357 591,880 578,351 Right-of-use assets 14 20,566 21,723 10,041 10,817 27,142 29,622 16,527 14,485 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 12,237 13,273 11,995 13,067 Deferred tax assets 16 16,175 18,931 14,384 17,140 40,865 49,703 19,593 15,144 Other non-current assets 4,785 9,297 4,664 9,186 4,173 3,430 1,668 1,681 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 841,081 870,167 1,220,758 1,230,652 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,482,467 3,679,237 2,544,115 2,308,301 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021CURRENT LIABILITIES Bank overdrafts and short-term loans In Thousand Baht

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 August 14, 2021 2020 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 4752 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March June As at December As at March June As at December Note 31, 2021 31Notes 30, 2020 31, 2021 2019 30, 2020 31, 2020 2019 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 6 47,550 182,190 11,517 94,272 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 5, 7 339,022 700,182 172,333 470,895 Unbilled receivables 8, 24 1,299,680 1,138,172 632,394 411,365 Accounts receivable - retention under construction contracts 5, 8 220,994 215,366 85,391 68,764 Advances paid to subcontractors under construction contracts 5 453,512 519,906 176,139 195,643 Construction in progress 24 306,112 80,348 92,862 73,685 Inventories 9 5,583 5,569 5,514 5,514 Short-term loans to related parties 5 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 - - Withholding tax deducted at source 142,311 132,129 103,326 105,134 Other current assets 2,006 2,750 1,506 2,836 42,896 37,720 15,524 20,071 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 2,857,660 3,011,582 1,295,000 1,445,343 NON-CURRENT ASSETS Restricted deposits with financial institutions at banks 10 12,731 11,019 12,731 11,019 Investment 10,541 10,541 - - Long-term loans to related parties 5 - - - - Investments in subsidiaries 11 - - 86,864 86,864 Investment property 476,198 476,073 Investments in associates 12 224,060 221,229 224,060 221,229 - - - - Investments in joint ventures 13 123,379 51,613 102,376 27,751 Property, plant and equipment 13 104,548 100,180 76,374 77,276 14 570,014 595,909 538,196 570,690 Right-of-use assets 14 20,566 21,723 10,041 10,817 15 26,103 - 13,266 - Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 14,199 10,747 14,043 10,566 Deferred tax assets 16 16,175 18,931 14,384 17,140 23,785 28,972 14,308 13,367 Other non-current assets 4,785 9,297 4,664 9,186 7,210 6,271 5,758 5,468 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 775,231 704,053 1,164,145 1,103,915 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 3,632,891 3,715,635 2,459,145 2,549,258 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021CURRENT LIABILITIES Bank overdrafts and short-term loans In Thousand Baht

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 14, 2021 (Miss Xxxxxxx Mr. Xxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS 6699 STATEMENT OF FINANCIAL POSITION AS AT MARCH 31, 2021 ASSETS In Thousand Consolidated financial statements Baht Separate financial statements CURRENT ASSETS Note As at March As at December As at March As at December 31, 2021 31, 2020 31, 2021 31, 2020 Cash and cash equivalents 335,838,540 306,074,340 330,314,790 299,318,282 Trade and other current receivables 4.4, 5 274,100,105 250,986,608 271,242,862 250,372,389 Current contract assets 14,402,174 12,797,613 13,321,719 12,054,033 Short-term loans to related subsidiary 4.4 - - - 5,973,480 Inventories 6 277,759,327 257,851,968 273,138,341 254,155,366 Other current financial assets 7 7,828,384 6,957,944 7,828,384 6,957,944 Other current assets 329,186 399,582 231,177 342,083 TOTAL CURRENT ASSETS 910,257,716 835,068,055 896,077,273 829,173,577 NON-CURRENT ASSETS Investment in subsidiaries 8 - - 2,357,444 2,357,444 Trade and other non-current receivables 5 9,816,950 11,251,986 9,816,950 11,251,986 Long-term loans to subsidiary 4.4 - - 6,234,700 - Investment property 9 154,431,391 154,591,332 154,431,391 154,591,332 Property, plant and equipment 10 129,350,337 129,528,171 129,237,666 129,411,048 Right-of-use assets 11 102,196,112 104,968,304 102,196,112 104,968,304 Goodwill 12 334,672,061 334,672,061 334,672,061 334,672,061 Customer relationship 13 36,916,387 40,332,654 36,916,387 40,332,654 Intangible assets 14 16,998,438 18,015,510 16,998,438 18,015,510 Deferred tax assets 4,826,521 3,843,042 4,799,969 3,826,408 Other non-current assets 28,142,769 25,186,460 28,064,769 25,186,460 TOTAL NON-CURRENT ASSETS 817,350,966 822,389,520 823,368,443 824,613,207 TOTAL ASSETS 1,727,608,682 1,657,457,575 1,719,445,716 1,653,786,784 Notes to the interim financial statements form an integral part of these interim financial statements STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021 LIABILITIES AND SHAREHOLDERS' EQUITY Baht Consolidated Financial Statements financial statements Separate Financial Statements financial statements As at March As at December As at March As at December CURRENT LIABILITIES Note 31, 2021 31, 2020 31, 2021 31, 2020 Trade and other current payables 15 209,990,693 167,659,996 204,176,156 164,045,038 Current portion of lease liabilities 16 8,771,800 8,918,127 8,771,800 8,918,127 Corporate income tax payable 16,670,340 11,101,390 16,670,340 11,096,112 Other current provisions 2,054,135 1,750,320 2,054,135 1,750,320 Other current liabilities 2,128,104 1,644,589 2,105,909 1,644,589 TOTAL CURRENT LIABILITIES 239,615,072 191,074,422 233,778,340 187,454,186 NON-CURRENT LIABILITIES Lease liabilities 4.4, 16 93,837,488 96,052,606 93,837,488 96,052,606 Non-current provisions for employee benefit 27,788,110 27,765,012 27,662,418 27,684,826 Other non-current liabilities 25,805,636 24,937,360 25,805,636 24,937,360 TOTAL NON-CURRENT LIABILITIES 147,431,234 148,754,978 147,305,542 148,674,792 TOTAL LIABILITIES 387,046,306 339,829,400 381,083,882 336,128,978 Notes to the interim financial statements form an integral part of these interim financial statements STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Note 31, 2021 31, 2020 31, 2021 31, 2020 CURRENT ASSETS Cash SHAREHOLDERS' EQUITY Share capital Authorized share capital 584,500,000 ordinary shares of Baht 0.50 each 292,250,000 292,250,000 292,250,000 292,250,000 Issued and cash equivalents 358,765 64,808 350,623 57,072 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 Shortpaid-term to related parties up share capital 584,500,000 ordinary shares of Baht 0.50 each 292,250,000 292,250,000 292,250,000 292,250,000 Share premium on ordinary shares 776,416,427 776,416,427 776,416,427 776,416,427 Retained earnings Appropriated Legal reserve 29,225,000 29,225,000 29,225,000 29,225,000 Unappropriated 242,666,963 219,584,380 242,827,851 219,766,379 Other components of shareholders' equity TOTAL EQUITY ATTRIBUTABLE TO OWNERS OF (520,907) (453,897) - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NONTHE PARENT 1,340,037,483 1,317,021,910 1,340,719,278 1,317,657,806 Non-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment in subsidiaries 11 controlling interest 524,893 606,265 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 Deferred tax assets 16 16,175 18,931 14,384 17,140 Other non-current assets 4,785 9,297 4,664 9,186 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 SHAREHOLDERS’ EQUITY 1,340,562,376 1,317,628,175 1,340,719,278 1,317,657,806 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 1,727,608,682 1,657,457,575 1,721,803,160 1,653,786,784 Notes to the interim financial statements form an integral part of these statements. “interim financial statements STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 Baht Consolidated financial statements Separate financial statements Note 0000 0000 0000 2020 Revenues Revenues from sales 4.5 233,626,851 275,525,078 230,740,560 273,815,827 Revenue from rendering of services 31,756,051 28,767,650 29,847,544 28,767,650 Other income 4.5 3,895,592 6,373,384 3,999,208 5,296,413 Total revenues 269,278,494 310,666,112 264,587,312 307,879,890 Expenses Cost of sales 153,281,902 178,848,582 150,676,904 177,770,587 Cost of rendering of services 27,134,741 25,522,103 25,861,980 25,522,103 Distribution cost 26,600,323 29,077,852 26,113,246 28,645,735 Administrative expenses 4.5 33,185,512 33,885,472 32,788,996 33,656,093 Total expenses 240,202,478 267,334,009 235,441,126 265,594,518 Profit from operating activities 29,076,016 43,332,103 29,146,186 42,285,372 Finance cost 4.5 440,255 27,721 440,255 27,721 Profit before income tax expenses 28,635,761 43,304,382 28,705,931 42,257,651 Income tax expenses 5,634,550 8,503,899 5,644,459 8,389,953 Profit for the period 23,001,211 34,800,483 23,061,472 33,867,698 Other comprehensive income Components of other comprehensive income that will be reclassified to profit or loss: Exchange differences on translating financial statement (67,010) (98,381) - - (67,010) (98,381) - - Other comprehensive income (expense) for the period, net of tax (67,010) (98,381) - - Total comprehensive income for the period 22,934,201 34,702,102 23,061,472 33,867,698 Profit (loss) attributable to Owners of the parent 23,082,583 Non-controlling interest (81,372) 34,800,483 - 23,061,472 - 33,867,698 - 23,001,211 34,800,483 23,061,472 33,867,698 Total comprehensive income (expense) attributable to Owners of the parent Non-controlling interest 23,015,573 (81,372) 34,702,102 - 23,061,472 - 33,867,698 - 22,934,201 34,702,102 23,061,472 33,867,698 Basic earnings per share Profit attributable to owners of the parent 18 0.04 0.06 0.04 0.06 Weighted average number of ordinary shares (shares) 584,500,000 584,500,000 584,500,000 584,500,000 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, 2021 Baht Consolidated financial statements Equity attributable to owners of the parent Non-controlling Total Issued and Premium on Retained earnings Other components Total equity interest shareholders' paid-up ordinary shares of equity attributable to equity share capital Appropriated Unappropriated Exchange differences owners legal reserve on translating of the parent financial Note statements Beginning balance as at January 1, 2020 292,250,000 776,416,427 29,225,000 223,824,610 (53,664) 1,321,662,373 - 1,321,662,373 Total comprehensive income for the period Profit for the period Other comprehensive income (expense) for the period - - - - - - 34,800,483 - - (98,381) 34,800,483 (98,381) - - 34,800,483 (98,381) Ending balance as at March 31, 2020 292,250,000 776,416,427 29,225,000 258,625,093 (152,045) 1,356,364,475 - 1,356,364,475 Beginning balance as at January 1, 2021 Total comprehensive income for the period 292,250,000 776,416,427 29,225,000 219,584,380 (453,897) 1,317,021,910 606,265 1,317,628,175 Profit for the period Other comprehensive income (expense) for the period - - - - - - 23,082,583 - - (67,010) 23,082,583 (67,010) (81,372) - 23,001,211 (67,010) Ending balance as at March 31, 2021 292,250,000 776,416,427 29,225,000 242,666,963 (520,907) 1,340,037,483 524,893 1,340,562,376 Notes to the interim financial statements form an integral part of these interim financial statements STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 Issued and Premium on Baht Separate financial statements Retained earnings Total Note paid-up share capital ordinary shares Appropriated legal reserve Unappropriated shareholders' equity Beginning balance as at January 1, 2020 Total comprehensive income for the period Profit for the period 292,250,000 - 776,416,427 - 29,225,000 - 224,796,706 33,867,698 1,322,688,133 33,867,698 Other comprehensive income for the period - - - - - Ending balance as at March 31, 2020 292,250,000 776,416,427 29,225,000 258,664,404 1,356,555,831 Beginning balance as at January 1, 2021 Total comprehensive income for the period Profit for the period 292,250,000 - 776,416,427 - 29,225,000 - 219,766,379 23,061,472 1,317,657,806 23,061,472 Other comprehensive income for the period - - - - - Ending balance as at March 31, 2021 292,250,000 776,416,427 29,225,000 242,827,851 1,340,719,278 Notes to the interim financial statements form an integral part of these interim financial statements STATEMENT OF CASH FLOWS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 Baht Consolidated financial statements Separate financial statements 0000 0000 0000 2020 ash flows from operating activities Profit for the period 23,001,211 34,800,483 23,061,472 33,867,698 Adjustment to reconcile profit for the period to net cash provided by (used in) operating activities : Bad debt and expected credit losses (reversal) 167,576 47,377 165,055 41,091 Depreciation and amortization 6,765,899 4,418,545 6,759,481 4,415,906 Amortization of customer relationship 3,416,267 3,715,068 3,416,267 3,715,068 Loss on devaluation of inventories 336,078 1,000,856 336,078 1,000,856 (Gain) loss on disposals of equipment 22,949 36,683 22,949 36,683 Unrealized (gain) loss on exchange rate (2,190,786) (210,771) (2,092,898) (346,038) Unrealized (gain) loss on revaluation of other current financial assets (870,440) 1,752,498 (870,440) 1,752,498 Loss on impairment of equipments (reversal) (50,654) - (50,654) - Interest income (19,251) (188,852) (118,124) (210,764) Employee's benefit expenses 687,099 642,745 641,592 642,745 Finance cost 440,255 27,721 440,255 27,721 Income tax expense 5,634,550 8,503,899 5,644,459 8,389,953 Profit from operating before changes in operating assets and liabilities 37,340,753 54,546,252 37,355,492 53,333,417 (Increase) decrease in operating assets Trade and other current receivables (21,842,164) 24,519,165 (19,870,139) 26,541,377 Current contract assets (1,607,229) (1,362,040) (1,270,354) (1,362,040) Inventories (21,177,708) (7,594,700) (20,253,324) 11,702,795 Other current assets 70,396 178,569 110,906 208,223 Other non-current assets (2,956,309) (874,794) (2,878,309) (874,794) C Notes to the interim financial statements form an integral part of these interim financial statements STATEMENT OF CASH FLOWS (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 Consolidated financial statements Baht Separate financial statements 0000 0000 0000 2020 Increase (decrease) in operating liabilities Trade and other current payables 44,303,389 (9,777,228) 42,115,071 (21,061,850) Other current provisions 303,815 185,518 303,815 185,518 Other current liabilities 483,515 331,668 461,320 331,668 Non-current provisions for enployee benefit (664,000) - (664,000) - Other non-current liabilities 868,276 (103,646) 868,276 (103,646) Cash generated (paid) from operating 35,122,734 60,048,764 36,278,754 68,900,668 Income tax paid (1,049,071) (1,065,906) (1,043,792) (1,065,906) Net cash provided by (used in) operating activities 34,073,663 58,982,858 35,234,962 67,834,762 Cash flows from investing activities Cash payments for short-term loans - - - (6,352,000) Cash payments for purchases of equipment (1,501,884) (1,664,454) (1,501,884) (1,605,151) Xxxx receipts from disposal of equipment 44,583 60,319 44,583 60,319 Cash payments for purchases of intangible assets (373,500) (17,436) (373,500) (17,436) Interest received - 2,382 394,047 2,382 Net cash provided by (used in) investing activities (1,830,801) (1,619,189) (1,436,754) (7,911,886) Cash flows from financing activities Cash payments for lease liabilities (2,801,700) (256,230) (2,801,700) (256,230) Net cash provided by (used in) financing activities (2,801,700) (256,230) (2,801,700) (256,230) "UNAUDITED” “" "REVIEWED” - 3 - N.C. HOUSING " Notes to the interim financial statements form an integral part of these interim financial statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS STATEMENT OF FINANCIAL POSITION CASH FLOWS (CONT.) AS AT FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2021 Consolidated financial statements Baht Separate financial statements 0000 0000 0000 2020 Net increase (decrease) in cash and cash equivalents 29,441,162 57,107,439 30,996,508 59,666,646 Cash and cash equivalents at beginning of period 306,074,340 127,099,721 299,318,282 120,123,681 Effect of translation adjustment on foreign currency financial statements 323,038 (22,609) - - Cash and cash equivalents at end of period 335,838,540 184,184,551 330,314,790 179,790,327 Supplementaly disclosures of cash flows information : Non-Cash transaction Liabilities incurred from acquisition of equipment and intangible assets Liabilities incurred from acquisition of equipment and intangible assets - beginning of period 630,517 475,280 630,517 475,280 Inventories transferred to equipment (934,270) (1,420,267) (934,270) (1,420,267) Add Purchases of equipment and intangible assets 2,983,494 2,756,179 2,983,494 2,696,876 Less Cash payments (1,875,384) (1,681,890) (1,875,384) (1,622,587) Liabilities incurred from acquisition of fixed assets and intangible assets - ending of period 804,357 129,302 804,357 129,302 Notes to the interim financial statements form an integral part of these interim financial statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED AND ITS SURSIDIARIES NOTES TO THE INTERIM FINANCIAL STATEMENTS MARCH 31, 2021

Appears in 1 contract

Samples: Commitments and Contingent Liabilities

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 1411, 2021 2020 (Miss Xxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 2020 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements CURRENT ASSETS Note As at March As at December As at March As at December Note 31, 2021 31, 2020 31, 2021 2019 31, 2020 CURRENT ASSETS 31, 2019 Cash and cash equivalents 358,765 64,808 350,623 57,072 43,682 27,210 38,724 19,195 Short-term investments 956 954 713 712 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 Short-term to related parties - - 20,000 10,000 7 11,155 7,108 10,233 6,216 Inventories 7 126,204 124,530 120,549 123,561 8 173,034 172,056 172,965 171,983 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 9 1,835,146 1,890,016 1,835,146 1,890,016 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 10 1,652,259 1,673,191 1,578,851 1,599,783 Other current assets 2,006 2,750 1,506 2,836 1,662 1,919 1,662 1,939 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,717,894 3,772,454 3,638,294 3,689,844 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 11 14,326 13,821 14,326 13,821 Investment in subsidiaries 11 12 - - 86,864 86,864 83,115 79,364 Investment property 12 224,060 221,229 224,060 221,229 13 200,423 192,201 200,423 192,201 Property, plant and equipment 13 104,548 100,180 76,374 77,276 14 94,261 94,147 84,647 85,650 Right-of-use assets 14 20,566 21,723 10,041 10,817 15 12,685 - 12,685 - Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 16 4,489 4,653 4,371 4,528 Deferred tax assets 16 16,175 18,931 14,384 17,140 17 15,001 14,645 13,279 12,923 Other non-current assets 4,785 9,297 4,664 9,186 11,045 10,778 10,987 10,658 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 352,230 330,245 423,833 399,145 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,070,124 4,102,699 4,062,127 4,088,989 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021

Appears in 1 contract

Samples: investor.ncgroup.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”. Dharmniti Auditing Company Limited Bangkok, Thailand May 1415, 2021 2014 2014/618/0274 (Miss Xxxxxxx XxxxxxxxxxxXxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 6838 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 2014 31, 2020 2013 31, 2021 2014 31, 2020 2013 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 23,550 30,638 21,666 26,860 Short-term investments 000 000 000 000 Trade accounts receivable 5 146 24,683 - - Short-term loan to related parties 4 - - 20,000 10,000 20,500 19,300 Inventories 7 126,204 124,530 120,549 123,561 6, 15 377,587 403,886 370,737 394,878 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 7, 15 2,496,651 2,546,147 2,496,587 2,547,515 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for 7, 15 1,249,928 1,211,563 1,181,072 1,211,207 Deposit from purchase land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 - 1,800 - 1,800 Other current assets 2,006 2,750 1,506 2,836 30,767 33,186 28,220 30,809 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 4,179,301 4,252,573 4,119,454 4,233,039 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Deposit pledged as collateral 8 9,014 9,012 8,785 8,785 Investment in associated company 9 - - - - Investment in subsidiaries 11 9 - - 86,864 86,864 11,864 11,864 Investment property 12 224,060 221,229 224,060 221,229 Property 10 201,441 201,441 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 11 155,700 164,471 151,348 159,883 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 12 4,485 4,073 4,485 4,073 Deferred tax assets 16 16,175 18,931 14,384 17,140 21 11,690 10,450 11,674 10,438 Other non-current assets 4,785 9,297 4,664 9,186 9,748 6,687 6,629 4,533 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 392,078 194,693 396,226 199,576 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,571,379 4,447,266 4,515,680 4,432,615 Notes to interim financial statements form an integral part of these statements. statement In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March As at December As at March As at December Note 31, 2014 31, 2013 31, 2014 31, 2013 CURRENT LIABILITIES Bank overdrafts and short-term loans from the financial institutions 13 204,281 173,801 204,281 173,801 Trade notes payable 57,339 50,320 57,339 50,320 Trade accounts payable and other payable 116,526 103,137 114,229 100,418 Payable to related parties 4 36,289 30,763 42,712 38,610 Accured expenses 4 33,714 53,516 33,620 51,760 Corporate income tax payable Current portion of liabilities under 5,398 5,398 5,398 5,398 the finance lease agreement 14 563 592 563 592 Current portion of long-term loans from the financial institutions 15 428,663 429,572 428,663 429,572 Short-term loan from related parties 4 - - - 1,000 Short-term loan from the director 4 110,000 75,000 70,000 75,000 Advance received from customers 56,081 47,690 56,081 47,690 Retention from contractors 75,675 74,051 75,212 73,604 Other current liabilities 727 790 727 790 Total current liabilities 1,125,256 1,044,630 1,088,825 1,048,555 NON-CURRENT LIABILITIES Liabilities under the finance lease agreement 14 894 1,039 894 1,039 Long-term loans from the financial institutions 15 1,003,275 967,671 1,003,275 967,671 Employee benefit obligations 16 29,838 28,860 29,092 28,166 Provision for compensation for housing estate juristic persons 19,376 18,823 19,376 18,823 Liabilities from purchasing the real estate project 17 80,719 80,719 80,719 80,719 Deferred tax liabilities 21 9,074 8,794 9,002 8,722 Total non-current liabilities 1,143,176 1,105,906 1,142,358 1,105,140 TOTAL LIABILITIES 2,268,432 2,150,536 2,231,183 2,153,695 Notes to interim financial statements form an integral part of these statement In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March As at December As at March As at December Note 31, 2014 31, 2013 31, 2014 31, 2013 SHAREHOLDERS’ EQUITY Share capital Authorized share capital 1,200,000,000 ordinary shares of Baht 1.00 each 1,200,000 1,200,000 1,200,000 1,200,000 Issued and paid-up share capital 1,185,985,052 ordinary shares capital of Baht 1.00 each 1,185,985 1,185,985 1,185,985 1,185,985 Paid-in capital Premium on share capital 577,530 577,530 577,530 577,530 Retained earnings Appropriated - legal reserve 18 54,350 54,350 54,350 54,350 Unappropriated 485,082 478,865 466,632 461,055 Total equity attributable to company's shareholders 2,302,947 2,296,730 2,284,497 2,278,920 Non-controlling interests - - - - Other components of equity - - - - TOTAL SHAREHOLDER’S EQUITY 2,302,947 2,296,730 2,284,497 2,278,920 TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY 4,571,379 4,447,266 4,515,680 4,432,615 Notes to interim financial statements form an integral part of these statement In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note 2014 2013 2014 2013 REVENUES Sales 322,922 362,860 322,922 362,860 Construction income - 6,466 - - Service income 1,127 1,131 - - Other income 4 1,500 1,962 1,605 1,956 Total Revenues 325,549 372,419 324,527 364,816 EXPENSES Cost of sales 4 214,444 244,562 215,807 244,697 Cost of construction - 6,296 - - Cost of service 1,087 967 - - Selling expenses 40,177 48,468 40,177 48,468 Administrative expenses 4 41,337 37,848 40,752 36,930 Management benefit expenses 4 7,726 8,059 7,683 8,018 Finance costs 4 12,933 5,555 12,899 5,530 Total Expenses 317,704 351,755 317,318 343,643 Share of profit from investment in an associated company - - - - Income (loss) before tax expenses 7,845 20,664 7,209 21,173 Tax expenses (income) 21 1,628 5,387 1,632 5,317 Profit (loss) for the period 6,217 15,277 5,577 15,856 Other comprehensive income - - - - Total comprehensive income for the period 6,217 15,277 5,577 15,856 Profit (loss) attributable to Shareholders' equity of the parent company 6,217 15,277 5,577 15,856 Non-controlling interests - - - - 6,217 15,277 5,577 15,856 Total comprehensive income attributable to Shareholders' equity of the parent company 6,217 15,277 5,577 15,856 Non-controlling interests - - - - 6,217 15,277 5,577 15,856 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 20 Notes to interim financial statements form an integral part of these statement “UNAUDITED” “REVIEWED” N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2014 In Thousand Baht Consolidated Financial Statements Shareholders' equity of the parent company Non-Controlling Total Share capital issued and Premium on share capital Retained earnings Appropriated Unappropriated Other components Total interests Note paid-up legal reserve (Restated) of equity Balance as at January 1, 2014 1,185,985 577,530 54,350 478,865 - 3 2,296,730 - 2,296,730 Total comprehensive income for the period 2014 - - - 6,217 - 6,217 - 6,217 Balance as at March 31, 2014 1,185,985 577,530 54,350 485,082 - 2,302,947 - 2,302,947 Balance as at January 1, 2013 1,185,985 577,530 48,850 420,596 - 2,232,961 - 2,232,961 Total comprehensive income for the period 2013 - - - 15,277 - 15,277 - 15,277 Balance as at March 31, 2013 1,185,985 577,530 48,850 435,873 - 2,248,238 - 2,248,238 Notes to interim financial statements form an integral part of these statement - 7 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 20212014

Appears in 1 contract

Samples: investor.ncgroup.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 Standards No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May November 14, 2021 2018 (Miss Xxxxxxx XxxxxxxxxxxXxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” 6838 ASSETS In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at September As at December As at September As at December Notes 30, 2018 31, 2017 30, 2018 31, 2017 CURRENT ASSETS Cash and cash equivalents 125,299 291,717 79,587 214,665 Current investment 84 83 84 83 Trade and other receivables 5 63,982 94,264 607,676 575,568 Real estate projects under development 6 12,161,757 11,474,271 9,514,008 9,314,927 Deposits for land 17 316,462 291,600 316,462 291,600 Short-term loans to related parties 4 - 2 - N.C. HOUSING 1,347,556 1,303,804 Other current assets 188,020 90,206 172,485 75,032 Total current assets 12,855,604 12,242,141 12,037,858 11,775,679 NON-CURRENT ASSETS Deposits at banks used as collateral 7 201,650 229,029 193,402 229,029 Investments in subsidiaries 8 - - 311,000 302,000 Investment properties 9 454,229 454,183 416,629 416,583 Property, plant and equipment 266,995 274,242 230,569 260,498 Prepaid rental expenses 129,927 136,320 129,927 136,320 Intangible assets 19,910 21,074 17,512 20,422 Deferred tax assets 46,477 37,245 5,953 10,777 Rental deposit 4 60,000 60,000 60,000 60,000 Other non-current assets 47,737 55,565 36,620 47,482 Total non-current assets 1,226,925 1,267,658 1,401,612 1,483,111 TOTAL ASSETS 14,082,529 13,509,799 13,439,470 13,258,790 In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at September As at December As at September As at December Notes 30, 2018 31, 2017 30, 2018 31, 2017 CURRENT LIABILITIES from financial institutions 10 298,522 347,017 289,006 347,017 Trade and other payables 287,152 318,248 708,076 698,768 from financial institutions 10 1,125,013 611,433 505,671 501,152 Short-term loans from related parties 4 - - 234,298 82,238 Current portion of long-term loans from other parties 10 111,493 111,493 111,493 111,493 Current portion of debentures 11 3,031,215 1,031,215 3,031,215 1,031,215 Current portion of financial lease liabilities 16,886 16,971 15,953 15,968 Construction retentions 157,599 177,910 132,129 146,793 Unrecognised income on installments due 548,013 229,563 547,751 229,226 Income tax payable 9,608 13,533 4,512 11,415 Other current liabilities 74,681 62,001 31,764 21,552 Total current liabilities 5,660,182 2,919,384 5,611,868 3,196,837 NON-CURRENT LIABILITIES Long-term loans from financial institutions 10 801,675 1,031,767 605,930 963,496 Long-term loans from related party 4 - - 9,700 9,700 Debentures 11 3,951,226 5,944,850 3,951,226 5,944,850 Financial lease liabilities 25,979 23,633 22,888 23,363 Utilities guarantees 2,261 2,485 2,261 2,485 Employee benefit obligations 55,213 50,546 23,272 21,081 Long-term lease agreement obligation Provision for litigation 12 87,298 - 66,622 - 87,298 - 66,622 - Other non-current liabilities 110,562 130,040 82,669 99,170 Total non-current liabilities 5,034,214 7,249,943 4,785,244 7,130,767 TOTAL LIABILITIES 10,694,396 10,169,327 10,397,112 10,327,604 Bank overdrafts and short-term loans Current portion of long-term loans In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at September As at December As at September As at December Notes 30, 2018 31, 2017 30, 2018 31, 2017 SHAREHOLDERS' EQUITY SHARE CAPITAL Authorised share capital 1,200,000 1,200,000 1,200,000 1,200,000 Issued and paid-up share capital 980,000 980,000 980,000 980,000 PREMIUM ON ORDINARY SHARES 669,210 669,210 669,210 669,210 RETAINED EARNINGS Appropriated Legal reserve 80,874 80,874 80,874 80,874 Unappropriated 1,658,049 1,610,388 1,312,274 1,201,102 TOTAL SHAREHOLDERS' EQUITY 3,388,133 3,340,472 3,042,358 2,931,186 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 14,082,529 13,509,799 13,439,470 13,258,790 Consolidated Separate Financial Statements Financial Statements Notes 2018 2017 2018 2017 INCOME 4 Revenue from sale of real estate 1,018,352 1,390,665 816,675 1,177,177 Interest income 338 421 18,758 18,592 Other income 23,392 13,309 27,720 10,118 Total income 1,042,082 1,404,395 863,153 1,205,887 EXPENSES 4 Cost of sale of real estate 636,372 951,939 497,081 810,185 Selling expenses 145,501 142,834 120,436 120,692 Special Business Tax and transferred fee 38,959 54,436 31,280 46,305 Administrative expenses 135,913 135,115 103,969 107,482 Finance costs 56,529 59,837 55,101 60,374 Total expenses 1,013,274 1,344,161 807,867 1,145,038 Profit (loss) before income tax expense 28,808 60,234 55,286 60,849 Income tax expense 11,821 14,810 13,695 12,970 PROFIT (LOSS) FOR THE PERIOD 16,987 45,424 41,591 47,879 Other comprehensive income for the period - - - - TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 16,987 45,424 41,591 47,879 Consolidated Separate Financial Statements Financial Statements Notes 2018 2017 2018 2017 Profit (loss) attributable to Shareholders' equity of the parent company 16,987 45,424 41,591 47,879 Non-controlling interests - - - - 16,987 45,424 41,591 47,879 Total comprehensive income attributable to Shareholders' equity of the parent company 16,987 45,424 41,591 47,879 Non-controlling interests - - - - 16,987 45,424 41,591 47,879 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY Profit (loss) for the period (Baht per share) 15 0.02 0.05 0.04 0.05 Consolidated Separate Financial Statements Financial Statements Notes 2018 2017 2018 2017 INCOME 4 Revenue from sale of real estate 3,019,231 3,595,082 2,444,840 2,923,309 Interest income 1,786 3,704 57,236 61,823 Reversal of provision for litigation 12 - 11,500 - 11,500 Other income 79,327 72,658 102,895 55,955 Total income 3,100,344 3,682,944 2,604,971 3,052,587 EXPENSES 4 Cost of sale of real estate 1,895,001 2,406,915 1,508,803 1,970,049 Selling expenses 392,687 408,882 322,037 332,809 Special Business Tax and tranferred fee 115,505 139,274 93,650 113,612 Administrative expenses 403,439 405,865 317,824 325,687 Finance costs 168,262 192,142 167,929 195,033 Total expenses 2,974,894 3,553,078 2,410,243 2,937,190 Profit (loss) before income tax expense 125,450 129,866 194,728 115,397 Income tax expense 38,591 39,515 44,358 30,319 PROFIT (LOSS) FOR THE PERIOD 86,859 90,351 150,370 85,078 Other comprehensive income for the period - - - - TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 86,859 90,351 150,370 85,078 Consolidated Separate Financial Statements Financial Statements Notes 2018 2017 2018 2017 Profit (loss) attributable to Shareholders' equity of the parent company 86,859 90,351 150,370 85,078 Non-controlling interests - - - - 86,859 90,351 150,370 85,078 Total comprehensive income attributable to Shareholders' equity of the parent company 86,859 90,351 150,370 85,078 Non-controlling interests - - - - 86,859 90,351 150,370 85,078 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY Profit (loss) for the period (Baht per share) 15 0.09 0.09 0.15 0.09 Consolidated Financial Statements Issued and Premium Retained Earnings Total Note Paid-up Share Capital on Ordinary Shares Legal Reserve Unappropriated Shareholders' Equity For the nine-month period ended September 30, 2017 Balance as at January 1, 2017 980,000 669,210 71,904 1,593,352 3,314,466 Dividend Comprehensive income for the period - - - (48,997) (48,997) Profit for the period - - - 90,351 90,351 Total comprehensive income for the period - - - 90,351 90,351 Balance as at September 30, 2017 980,000 669,210 71,904 1,634,706 3,355,820 For the nine-month period ended September 30, 2018 Balance as at January 1, 2018 980,000 669,210 80,874 1,610,388 3,340,472 Dividend Comprehensive income for the period Profit for the period 13 - - - - - - (39,198) 86,859 (39,198) 86,859 Total comprehensive income for the period - - - 86,859 86,859 Balance as at September 30, 2018 980,000 669,210 80,874 1,658,049 3,388,133 Issued and Premium Separate Financial Statements Retained Earnings Total Note Paid-up Share Capital on Ordinary Shares Legal Reserve Unappropriated Shareholders' Equity For the nine-month period ended September 30, 2017 Balance as at January 1, 2017 980,000 669,210 71,904 1,090,908 2,812,022 Dividend Comprehensive income for the period Profit for the period - - - - - - (48,997) 85,078 (48,997) 85,078 Total comprehensive income for the period - - - 85,078 85,078 Balance as at September 30, 2017 980,000 669,210 71,904 1,126,989 2,848,103 For the nine-month period ended September 30, 2018 Balance as at January 1, 2018 980,000 669,210 80,874 1,201,102 2,931,186 Dividend Comprehensive income for the period Profit for the period 13 - - - - - - (39,198) 150,370 (39,198) 150,370 Total comprehensive income for the period - - - 150,370 150,370 Balance as at September 30, 2018 980,000 669,210 80,874 1,312,274 3,042,358 Consolidated Separate Financial Statements Financial Statements 2018 2017 2018 2017 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period 86,859 90,351 150,370 85,078 Adjustments to reconcile profit (loss) for the period to net cash provided by (used in) from operating activities Doubtful debt (Reverse) (263) 2,193 (65) 2,076 Allowance for decline in value of real estate projects under development (Reverse) (9,823) (11,231) (3,304) (11,231) Depreciation and amortization 48,861 47,919 46,438 43,977 Loss (gain) on disposal of equipment (266) (2,602) (33) (620) Loss of written off intangible asset - 1,170 - 1,170 Amortisation of premium on debentures 6,376 5,982 6,376 5,982 Unrealised gain on current investment (1) (1) (1) (1) Loss of written off other current asset - 1,050 - 1,050 Gain from written off construction retentions (8,215) (4,463) - (1,244) Employee benefit obligations 4,667 1,569 2,191 376 Homecare warranty and housing estate juristic persom expenses 4,256 - 3,001 - Provision for litigation (Reverse) - (11,500) - (11,500) Finance cost 168,262 192,142 167,929 195,033 Income tax expense 38,591 39,515 44,358 30,319 Interest income (1,786) (3,704) (57,236) (61,823) Profit (loss) from operations before changes in operating assets and liabilities 337,518 348,390 360,024 278,642 Changes in operating assets and liabilities (increase) decrease Trade and other receivables 30,545 (19,718) 23,555 (12,973) Real estate projects under development (248,547) 405,135 209,530 492,788 Deposits for land (183,042) (37,210) (206,042) (37,210) Other current assets (94,539) (27,182) (97,412) (21,899) Other non-current assets 7,828 (2,867) 10,862 (4,231) Trade and other payables (34,354) 44,368 1,041 69,474 Construction retentions (12,096) (20,012) (14,664) (9,722) Consolidated Separate Financial Statements Financial Statements C C 2018 2017 2018 2017 Unrecognised income on installments due 318,450 80,246 318,525 79,180 Other current liabilities 11,020 1,775 9,033 424 Utilities guarantee (224) (3,483) (224) (3,483) Other non-current liabilities (22,074) (6,790) (18,323) (3,904) Cash from operating activities 110,485 762,652 595,905 827,086 Income tax paid (55,023) (69,735) (46,478) (29,626) Net cash provided by (used in) operating activities 55,462 692,917 549,427 797,460 ASH FLOWS FROM INVESTING ACTIVITIES Interest received 1,786 3,704 1,638 3,503 (Increase) decrease in deposits at banks used as collateral 27,379 746 35,627 746 (Increase) decrease in short-term loans from related parties - - (20,752) 121,886 Investment in subsidiaries increaseed the capital - - (9,000) - Purchase of investment properties (46) (765) (46) (765) Purchase of equipments (30,043) (20,940) (6,629) (18,192) Received from disposal of equipment 266 2,666 33 683 Purchase of intangible assets (2,710) (1,779) (841) (1,495) Net cash provided by (used in) investing activities (3,368) (16,368) 30 106,366 ASH FLOWS FROM FINANCING ACTIVITIES Finance costs paid (400,734) (441,309) (373,568) (439,970) Dividend (39,198) (48,997) (39,198) (48,997) Increase (decrease) in bank overdrafts and short-term loans from financial institutions (48,495) (1,157,903) (58,011) (1,148,844) Increase (decrease) in short-term loans from related parties - - 152,060 (112,990) Proceed from long-term loans from financial institutions 1,797,915 1,937,464 1,024,244 1,727,977 Repayment of long-term loans from financial institutions (1,514,427) (1,493,490) (1,377,291) (1,378,710) Proceeds from debentures - 2,154,500 - 2,154,500 Repayment of debentures - (1,606,300) - (1,606,300) Transaction cost from issue of debenture - (13,998) - (13,998) Repayment of finance lease liabilities (13,573) (24,102) (12,771) (21,272) Net cash provided by (used in) financing activities (218,512) (694,135) (684,535) (888,604) Consolidated Separate Financial Statements Financial Statements 2018 2017 2018 2017 Net increase (decrease) in cash and cash equivalents (166,418) (17,586) (135,078) 15,222 Cash and cash equivalents as at January 1, 291,717 321,473 214,665 195,508 Cash and cash equivalents as at September 30, 125,299 303,887 79,587 210,730 Non-cash transactions Acquisition of equipments under finance leases 15,833 2,864 12,281 2,864 Acquisition of intangible under finance leases - 649 - 649 Depreciation expense which include real estate project under development 14,529 22,500 12,543 19,193 Acquisition cost which is included as a part of real eatate under development cost during the period 227,818 220,181 207,635 226,967 AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE NOTES TO INTERIM FINANCIAL STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31SEPTEMBER 30, 2021 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 31, 2020 31, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 Short-term to related parties - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment in subsidiaries 11 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 Deferred tax assets 16 16,175 18,931 14,384 17,140 Other non-current assets 4,785 9,297 4,664 9,186 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 20212018

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 No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 1412, 2021 2023 (Miss Xxxxxxx XxxxxxxxxxxNitinee Kittikunapong) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 8843 ASSETS In Thousand Baht Consolidated Financial Statements financial statements Separate Financial Statements financial statements As at March As at December As at March As at December Note Notes 31, 2021 2023 31, 2020 2022 31, 2021 2023 31, 2020 2022 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 5 20,100 15,709 1,674 7,038 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 4, 6 182,821 247,033 66,144 144,069 Contract assets 7 2,714,546 2,742,292 593,421 552,996 Short-term loans to related parties - - 20,000 10,000 4 14,778 17,969 2,778 2,778 Advances paid to subcontractors under construction contracts 4 345,361 354,246 27,267 23,597 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 1,608 1,608 1,608 1,608 Withholding tax deducted at source 91,655 122,856 43,696 79,857 Other current assets 2,006 2,750 1,506 2,836 52,542 49,702 14,335 10,613 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,423,411 3,551,415 750,923 822,556 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment at banks 9 53,774 53,552 26,336 26,115 Long-term loans to related parties 4 - - - - Investments in subsidiaries 10 - - 477,372 477,372 Investments in associate 11 - - 86,864 86,864 Investment property - - Investments in joint ventures 12 224,060 221,229 224,060 221,229 123,197 123,991 115,375 115,375 Property, plant and equipment 13 104,548 100,180 76,374 77,276 558,258 571,987 534,304 547,389 Right-of-use assets 14 20,566 21,723 10,041 10,817 12,449 14,673 11,337 12,970 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 8,551 9,097 8,361 8,899 Deferred tax assets 16 16,175 18,931 14,384 17,140 20,707 20,508 17,865 17,583 Other non-current assets 4,785 9,297 4,664 9,186 8,591 8,168 1,469 1,575 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 785,527 801,976 1,192,419 1,207,278 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,208,938 4,353,391 1,943,342 2,029,834 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” CURRENT LIABILITIES In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Notes 31, 2023 31, 2022 31, 2023 31, 2022 Bank overdrafts and short-term loans from financial institutions 15 962,862 939,909 268,902 307,403 Trade and other current payables 4, 16 746,897 788,919 394,998 407,216 Unbilled payable 1,101,432 1,174,282 141,260 147,489 Contract liabilities 7 545,621 617,556 62,471 87,180 Short-term loans from related person or parties 4 68,300 73,300 699,614 712,214 Accounts payable - 3 retention under construction contracts 4 304,140 284,930 33,779 32,843 Provision for liabilities under construction projects 17 63,686 64,486 61,463 61,463 Current portion of lease liabilities 18 7,195 10,379 5,712 6,784 Income tax payable 736 239 - N.C. HOUSING - Other current liabilities 32,922 33,671 12,704 8,606 Total current liabilities 3,833,791 3,987,671 1,680,903 1,771,198 NON-CURRENT LIABILITIES Lease liabilities 18 6,564 7,804 6,449 7,494 Non-current provisions for employee benefits 19 40,904 38,705 28,916 27,188 Provision for litigation 24 20,000 2,494 20,000 2,494 Non-other current liabilities 4 13,890 13,890 - - Total non-current liabilities 81,358 62,893 55,365 37,176 TOTAL LIABILITIES 3,915,149 4,050,564 1,736,268 1,808,374 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated financial statements Separate financial statements Notes As at March 31, 2023 As at December 31, 2022 As at March 31, 2023 As at December 31, 2022 Share capital Registered 9,587,146,838 ordinary shares of Baht 0.125 each 1,198,393 1,198,393 1,198,393 1,198,393 Issued and paid-up 9,587,146,838 ordinary shares of Baht 0.125 each 1,198,393 1,198,393 1,198,393 1,198,393 Share premium - - - - Other deficit Retained earnings (deficits) Appropriated - statutory reserve The Company - - - - - - - - Subsidiary - - - - Unappropriated (922,699) (913,845) (991,319) (976,933) Other components of shareholders' equity 15,634 15,818 - - Equity attributable to owners of the Company 291,328 300,366 207,074 221,460 Non-controlling interests of the subsidiaries 2,461 2,461 - - Total shareholders' equity 293,789 302,827 207,074 221,460 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 4,208,938 4,353,391 1,943,342 2,029,834 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements Notes 0000 0000 0000 2022 REVENUES 4 Construction services income 633,104 833,869 273,330 288,622 Other services income 1,318 1,318 - - Sales income - 1,600 - - Interest income 361 320 17 - Other income 2,106 3,597 5,393 5,009 Total revenues 636,889 840,704 278,740 293,631 EXPENSES Cost of construction services 4 568,496 784,277 230,986 261,642 Cost of other services 851 939 - - Cost of sales - 1,222 - - Administrative expenses 61,876 71,308 46,280 50,777 Total expenses 631,223 857,746 277,266 312,419 Profit (loss) from operating activities 5,666 (17,042) 1,474 (18,788) Finance cost 4 (13,224) (9,799) (16,142) (11,049) Share of profit (loss) from investments in joint venture 12.2 (756) (4,898) - - Profit (loss) before income tax expenses (8,314) (31,739) (14,668) (29,837) Income tax income (expenses) 20 (540) (1,706) 282 333 PROFIT (LOSS) FOR THE PERIOD (8,854) (33,445) (14,386) (29,504) Notes to interim financial statements form an integral part of these statements. Other comprehensive income: Components of other comprehensive income to be reclassified to profit or loss Exchange differences on translation of financial statements Consolidated financial statements Separate financial statements Notes 0000 0000 0000 2022 in foreign currency - net of income tax (184) 1,827 - - Other comprehensive income for the period - net of income tax (184) 1,827 - - Total comprehensive income for the period (9,038) (31,618) (14,386) (29,504) Profit (loss) attributable to: Equity holders of the Company (8,854) (33,002) (14,386) (29,504) Non-controlling interests of the subsidiaries - (443) - - (8,854) (33,445) (14,386) (29,504) Total comprehensive income attributable to: Equity holders of the Company (9,038) (31,343) (14,386) (29,504) Non-controlling interests of the subsidiaries - (275) - - (9,038) (31,618) (14,386) (29,504) Earnings per share Basic earnings (loss) per share Profit (loss) attributable to equity holders of the Company 21 (0.0009) (0.0034) (0.0015) (0.0031) Notes to interim financial statements form an integral part of these statements. TRC CONSTRUCTION PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH ChANGES IN ShAREhOLDERS' EQUITY FOR ThE ThREE-MONTh PERIOD ENDED MARCh 31, 20212023 Equity attributable to the parent's shareholders Equity attributable Total Issued and Other dificit Retained earnings (deficit) Other components of equity 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 In Thousand Baht Consolidated financial statements

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 14August 10, 2021 2020 (Miss Xxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements CURRENT ASSETS Note As at March June As at December As at March June As at December Note 31, 2021 3130, 2020 31, 2021 2019 30, 2020 31, 2020 CURRENT ASSETS 2019 Cash and cash equivalents 358,765 64,808 350,623 57,072 57,147 27,210 49,089 19,195 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 Short-term to related parties - - 20,000 10,000 7 8,647 7,108 6,039 6,216 Inventories 7 126,204 124,530 120,549 123,561 8 158,111 172,056 158,049 171,983 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 9 1,752,506 1,890,016 1,752,506 1,890,016 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 10 1,594,281 1,673,191 1,520,873 1,599,783 Other current financial assets 964 964 720 720 956 954 714 712 Other current assets 2,006 2,750 1,506 2,836 2,054 3,310 2,116 3,330 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,573,702 3,773,845 3,489,386 3,691,235 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 11 15,823 13,821 15,823 13,821 Investment in subsidiaries 11 12 - - 86,864 86,864 79,364 Investment property 12 224,060 221,229 224,060 221,229 13 206,549 192,201 206,549 192,201 Property, plant and equipment 13 104,548 100,180 76,374 77,276 14 93,666 94,147 84,047 85,650 Right-of-use assets 14 20,566 21,723 10,041 10,817 15 12,367 - 12,367 - Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 16 4,260 4,653 4,148 4,528 Deferred tax assets 16 16,175 18,931 14,384 17,140 17 16,983 14,645 15,261 12,923 Other non-current assets 4,785 9,297 4,664 9,186 8,958 9,387 8,888 9,267 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 358,606 328,854 433,947 397,754 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 3,932,308 4,102,699 3,923,333 4,088,989 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at June As at December As at June As at December Note 30, 2020 31, 20212019 30, 2020 31, 2019 CURRENT LIABILITIES Bank overdrafts and short-term loans from the financial institutions 18 212,772 306,870 212,772 306,870 Trade and other current payables Current portion of long-term loan from 19 278,075 252,111 277,059 248,152 the financial institutions 20 114,476 273,073 114,476 273,073 Current portion of lease liabilities 21 4,323 - 4,323 - Accrued income tax 7,347 - 7,303 - Short-term loan from related parties 6 219,000 219,000 219,000 219,000 Short-term loan from the director 6 2,500 2,500 - - Total current liabilities 838,493 1,053,554 834,933 1,047,095 NON-CURRENT LIABILITIES Long-term loans from the financial institutions 20 315,306 349,044 315,306 349,044 Lease liabilities 21 8,681 - 8,681 - Provision for employee benefit obligations 22 61,434 64,930 59,632 63,222 Provision for compensation for housing estate juristic persons 23 18,277 16,526 18,277 16,526 Provision from purchasing the real estate project 24 42,507 42,741 39,198 39,198 Other non-current liabilities 6,490 3,950 6,490 3,950 Total non-current liabilities 452,695 477,191 447,584 471,940 TOTAL LIABILITIES 1,291,188 1,530,745 1,282,517 1,519,035 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at June As at December As at June As at December 30, 2020 31, 2019 30, 2020 31, 2019 SHAREHOLDER’S EQUITY Share capital Authorized share capital 1,245,284,305 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Issued and paid-up share capital 1,245,283,691 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Premium on share capital 577,530 577,530 577,530 577,530 Retained earnings Appropriated - legal reserve 75,360 75,360 75,360 75,360 Unappropriated 737,765 669,306 742,642 671,780 Other components of equity - - - - Total equity attributable to company's shareholders 2,635,939 2,567,480 2,640,816 2,569,954 Non-controlling interests 5,181 4,474 - - TOTAL SHAREHOLDER’S EQUITY 2,641,120 2,571,954 2,640,816 2,569,954 TOTAL LIABILITIES AND SHAREHOLDER’S EQUITY 3,932,308 4,102,699 3,923,333 4,088,989 Notes to interim financial statements form an integral part of these statements. Sales 520,136 213,141 520,136 213,141 Rental income and service 2,884 5,296 1,528 4,099 Other income 6 2,303 1,497 2,047 1,515 Total Revenues 525,323 219,934 523,711 218,755 EXPENSES Cost of sales 6 333,355 154,493 333,355 154,493 Cost for rent and service 6,413 5,151 3,975 4,270 Distribution costs 50,701 20,904 50,701 20,904 Administrative expenses 6 54,413 42,894 53,404 43,077 Total Expenses 444,882 223,442 441,435 222,744 Income (loss) before finance cost and tax expenses 80,441 (3,508) 82,276 (3,989) Finance costs 6 8,037 9,782 7,994 9,730 Income (loss) before tax expenses 72,404 (13,290) 74,282 (13,719) Tax expenses (income) 25 13,100 (3,707) 13,056 (3,783) Profit (loss) for the period 59,304 (9,583) 61,226 (9,936) Other comprehensive income - - - - Total comprehensive income for the period 59,304 (9,583) 61,226 (9,936) Profit (loss) attributable to Shareholders' equity of the parent company 60,110 (9,583) 61,226 (9,936) Non-controlling interests (806) - - - 59,304 (9,583) 61,226 (9,936) Total comprehensive income attributable to Shareholders' equity of the parent company 60,110 (9,583) 61,226 (9,936) Non-controlling interests (806) - - - 59,304 (9,583) 61,226 (9,936) BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 26 Profit (loss) for the period (Baht per share) 0.048 (0.008) 0.049 (0.008) Notes to interim financial statements form an integral part of these statements. Sales 849,116 614,700 849,116 614,700 Rental income and service 5,295 10,755 3,684 8,268 Other income 6 4,202 2,947 3,933 2,977 Total Revenues 858,613 628,402 856,733 625,945 EXPENSES Cost of sales 6 554,025 410,217 554,025 410,217 Cost for rent and service 12,362 10,221 8,159 8,396 Distribution costs 92,873 70,158 92,873 70,158 Administrative expenses 6 100,626 89,985 98,887 90,113 Total Expenses 759,886 580,581 753,944 578,884 Income (loss) before finance cost and tax expenses 98,727 47,821 102,789 47,061 Finance costs 6 17,571 21,060 17,483 20,948 Income (loss) before tax expenses 81,156 26,761 85,306 26,113 Tax expenses (income) 25 14,490 3,521 14,444 3,445 Profit (loss) for the period 66,666 23,240 70,862 22,668 Other comprehensive income - - - - Total comprehensive income 66,666 23,240 70,862 22,668 Profit (loss) attributable to Shareholders' equity of the parent company 68,459 23,240 70,862 22,668 Non-controlling interests (1,793) - - - 66,666 23,240 70,862 22,668 Total comprehensive income attributable to Shareholders' equity of the parent company 68,459 23,240 70,862 22,668 Non-controlling interests (1,793) - - - 66,666 23,240 70,862 22,668 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 26 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Shareholders' equity of the parent company Non-controlling Total Share capital Premium on Retained earnings Other Total interests Note issued and paid-up share capital Appropriated Unappropriated legal reserve component of equity s Beginning balance as at January 1, 2020 1,245,284 577,530 75,360 669,306 - 2,567,480 4,474 2,571,954 Shares fee payment in subsidiary Comprehensive income Profit for the period - - - - - - - 68,459 - - - 68,459 2,500 (1,793) 2,500 66,666 Other comprehensive income for the period - - - - - - - - Total comprehensive income for the period - - - 68,459 - 68,459 (1,793) 66,666 Ending balance as at June 30, 2020 1,245,284 577,530 75,360 737,765 - 2,635,939 5,181 2,641,120 Beginning balance as at January 1, 2019 1,245,284 577,530 74,150 688,675 - 2,585,639 - 2,585,639 Dividend paid Comprehensive income Profit for the period - - - - - - (37,358) 23,240 - (37,358) - 23,240 - - (37,358) 23,240 Other comprehensive income for the period - - - - - - - - Total comprehensive income for the period - - - 23,240 - 23,240 - 23,240 Ending balance as at June 30, 2019 1,245,284 577,530 74,150 674,557 - 2,571,521 - 2,571,521 Notes to interim financial statements form an integral part of these statements. Share capital Premium on In ThousandBaht Separate Financial Statements Retained earnings Other Total issued and share capital Appropriated Unappropriated components 577,530 75,360 671,780 - 2,569,954 - - 70,862 - 70,862 Note paid-up legal reserve of equity Beginning balance as at January 1, 2020 1,245,284 Comprehensive income Profit for the period - Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 70,862 70,862 Ending balance as at June 30, 2020 1,245,284 577,530 75,360 742,642 2,640,816 - - - (37,358) - (37,358) - - - 22,668 - 22,668 Beginning balance as at January 1, 2019 1,245,284 577,530 74,150 691,358 - 2,588,322 Dividend paid Comprehensive income Profit for the period Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 22,668 22,668 Ending balance as at June 30, 2019 1,245,284 577,530 74,150 676,668 2,573,632 Notes to interim financial statements form an integral part of these statements. Consolidated Financial Statements Separate Financial Statements 2020 2019 2020 2019 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period 66,666 23,240 70,862 22,668 Add (less) Adjustments to reconcile profit (loss) for the period to net cash provided by (used in) operating activities : Depreciation and amortization 11,413 10,631 10,709 10,627 Unrealized gain from trading securities (1) (2) (1) (2) Doubtful account - 980 - 980 (Gain) loss from sale and amortization of investment property - 2,963 - 2,963 Provision for compensation for housing estate juristic persons 1,751 866 1,751 866 Employee benefit expenses 1,698 2,292 1,620 2,184 Interest income (75) (79) (74) (77) Interest expenses 17,571 21,060 17,483 20,948 Tax expenses (income) 14,490 3,521 14,444 3,445 Income from operating activities before changes in operating assets and liabilities 113,513 65,472 116,794 64,602 Decrease (increase) in operating assets Trade and other current receivables (1,539) (91) 177 - Inventories 13,945 74,693 13,934 74,693 Property development costs 230,356 74,755 230,356 74,755 Land held for development - 508 - 508 Other current assets 1,256 2,526 1,214 2,668 Other non-current assets (981) 589 (981) 789 Notes to interim financial statements form an integral part of these statements. 2020 2019 2020 2019 Increase (decrease) in operating liabilities Trade and other current payables 23,969 (2,861) 26,846 (3,426) Other non-current liabilities 2,540 943 2,540 943 Cash receivable (paid) from the operations 383,059 216,534 390,880 215,532 Xxxx received from interest income 75 79 74 76 Witholding taxes refunded from Revenue Department 95 95 - - Cash paid for provision from purchasing the real estate project (234) - - - Xxxx paid for provision for employee benefit obligations (5,613) - (5,613) - Income tax expenses paid (9,525) (15,412) (9,481) (15,367) Net cash provided by (used in) operating activities 367,857 201,296 375,860 200,241 ASH FLOWS FROM INVESTING ACTIVITIES Increase in temporary investment (1) (41) - (40) Increase in restricted deposits with financial institutions (2,002) (758) (2,002) (758) Cash paid for increase of capital in subsidiary - - (7,500) - Cash paid for purchase of fixed assets (4,670) (1,285) (2,857) (1,256) Cash paid for purchase of investment property (16,811) (4,829) (16,811) (4,829) Cash paid for purchase of intangible assets (27) - (27) - Net cash provided by (used in) investing activities (23,511) (6,913) (29,197) (6,883) Consolidated Financial Statements Separate Financial Statements C Notes to interim financial statements form an integral part of these statements. CASH FLOWS FROM FINANCING ACTIVITIES Consolidated Financial Statements Separate Financial Statements 2020 2019 2020 2019 Increase (decrease) in bank overdrafts and short-term loans from the financial institutions (94,098) (63,743) (94,098) (63,743) Cash paid for liabilities under lease liabilities (1,760) (1) (1,760) (1) Cash received from the shares fee payment in subsidiary 2,500 - - - Cash paid for short-term loan from other company - (48,162) - (48,162) Cash paid for short-term loan a related party - (1,000) - - Cash received from long-term loans 178,043 259,267 178,043 259,267 Cash paid for long-term loans (370,378) (272,694) (370,378) (272,694) Interest paid (28,714) (42,793) (28,576) (42,615) Dividend paid - (37,358) - (37,358) Net cash provided by (used in) financing activities (314,407) (206,484) (316,769) (205,306) Net increase (decrease) in cash and cash equivalents 29,939 (12,101) 29,894 (11,948) Cash and cash equivalents, beginning of period 27,210 29,219 19,195 26,623 Cash and cash equivalents, end of period 57,149 17,118 49,089 14,675 Supplemental disclosures of cash flows information 1) Cash and cash equivalents consisted of : Cash on hand 784 607 669 607 Cash at bank 56,363 16,511 48,420 14,068 Total 57,147 17,118 49,089 14,675

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Samples: investor.ncgroup.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 14November 7, 2021 2019 (Miss Xxxxxxx XxxxxxxxxxxXxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 6838 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements financial statements financial statements As at March September 30, As at December 31, As at March September 30, As at December Note 31, 2021 31, 2020 31, 2021 31, 2020 Notes 2019 2018 2019 2018 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 5 329,397 892,369 163,694 719,866 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 Short-term to related parties - - 20,000 10,000 4, 6 1,083,339 418,473 1,127,378 552,139 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 1,600,265 1,114,413 1,525,404 1,032,508 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,013,001 2,425,255 2,816,476 2,304,513 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment Loan to related party 4 - - 443,168 289,215 Loan to employee 8 82,085 69,452 82,085 69,452 Investments in associates 9 - - - - Investments in subsidiaries 11 10 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 266,307 275,464 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 11 1,315,216 1,357,272 785,575 817,232 Goodwill 10.1 20,837 21,553 - - Prepaid rental expense (Land leasehold) 12 140,117 145,431 - - Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 10,012 6,387 5,597 3,951 Deferred tax assets 16 16,175 18,931 14,384 17,140 13 4,687 7,889 4,687 7,889 Other non-current assets 4,785 9,297 4,664 9,186 559 578 8 8 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 1,573,513 1,608,562 1,587,427 1,463,211 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,586,514 4,033,817 4,403,903 3,767,724 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH SEPTEMBER 30, 2019 LIABILITIES In Thousand Baht Consolidated Separate financial statements financial statements CURRENT LIABILITIES As at As at As at As at September 30, December 31, 2021September 30, December 31, Notes 2019 2018 2019 2018 Short-term loan from financial institution 14 23,953 160,846 - - Trade and other payables 4, 15 1,386,866 713,491 1,270,634 621,261 Current portion of financial lease agreements 1,042 1,038 562 - Income tax payable 2,591 150 2,534 97 Total current liabilities 1,414,452 875,525 1,273,730 621,358 NON-CURRENT LIABILITIES Financial lease agreements 2,357 177 2,113 - Deferred tax liabilities 13 44,049 46,308 - - Employee benefit obligations 16 23,387 18,860 23,387 18,860 Provision for warranty 17 74,318 122,679 73,414 121,745 Provision for other liabilities - 830 - 830 Total non-current liabilities 144,111 188,854 98,914 141,435 TOTAL LIABILITIES 1,558,563 1,064,379 1,372,644 762,793 Notes to interim financial statements form an integral part of these statements. STATEMENT OF FINANCIAL POSITION (CONT.) AS AT SEPTEMBER 30, 2019 SHAREHOLDERS' EQUITY In Thousand Baht Consolidated Separate financial statements financial statements As at September 30, As at December 31, As at September 30, As at December 31, Notes 2019 2018 2019 2018 SHAREHOLDERS' EQUITY SHARE CAPITAL Authorised share capital 500 million ordinary shares of Baht 1 each 500,000 500,000 500,000 500,000 Issued and paid-up share capital 500 million ordinary shares of Baht 1 each, fully paid 500,000 500,000 500,000 500,000 PREMIUM ON ORDINARY SHARES 140,000 140,000 140,000 140,000 PREMIUM (DISCOUNT) ON TREASURY SHARES (153,610) (153,610) (153,610) (153,610) PROPORTION IN SUBSIDIARY (15,250) (15,250) - - RETAINED EARNINGS Appropriated Legal reserve 50,000 50,000 50,000 50,000 Treasury share reserve 295,812 295,812 295,812 295,812 Unappropriated 3,292,233 3,141,151 3,363,200 3,218,000 OTHER COMPONENTS OF SHAREHOLDERS' EQUITY (848,963) (748,510) (868,331) (749,459) Less Treasury shares (295,812) (295,812) (295,812) (295,812) NON-CONTROLLING INTERESTS 63,541 55,657 - - TOTAL SHAREHOLDERS' EQUITY 3,027,951 2,969,438 3,031,259 3,004,931 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 4,586,514 4,033,817 4,403,903 3,767,724 DIFFERENCE FROM CHANGE IN SHAREHOLDING Notes to interim financial statements form an integral part of these statements. STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2019 In Thousand Baht Consolidated Separate financial statements financial statements Notes 2019 2018 2019 2018 REVENUES Revenue from sales and rendering of services 951,425 1,018,399 924,929 947,549 Other incomes 16,510 4,203 17,761 3,204 Total revenues 967,935 1,022,602 942,690 950,753 EXPENSES Cost of sales of goods and rendering of services 4 584,999 798,799 582,691 759,122 Selling expenses 102,557 98,548 102,557 98,001 Administrative expenses 54,858 62,611 40,571 41,046 Loss on exchange rate 10,867 12,490 8,285 16,723 Management benefit expenses 8,460 8,832 6,049 6,242 Finance costs 740 2,300 354 494 Total expenses 762,481 983,580 740,507 921,628 Profit before income tax revenue (expense) 205,454 39,022 202,183 29,125 Income tax revenue (expense) (4,384) 12,789 (5,094) 11,946 PROFIT (LOSS) FOR THE PERIOD 201,070 51,811 197,089 41,071 Notes to interim financial statements form an integral part of these statements. STATEMENT OF COMPREHENSIVE INCOME (CONT.) FOR THE THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2019 In Thousand Baht Consolidated Separate financial statements financial statements Notes 2019 2018 2019 2018 OTHER COMPREHENSIVE INCOME (LOSS) Transactions that maybe reclassified after entering into profit or loss statement Exchange differences from convesion of financial statements (32,304) (123,929) (35,917) (132,735) Transactions that will not be reclassified after entering into profit or loss statement - - - - OTHER COMPREHENSIVE INCOME FOR THE PERIOD (32,304) (123,929) (35,917) (132,735) TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 168,766 (72,118) 161,172 (91,664) PROFIT (LOSS) ATTRIBUTABLE TO : Owners of the Company 200,816 47,532 197,089 41,071 Non-controlling interests 254 4,279 - - 201,070 51,811 197,089 41,071 TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO : Owners of the Company 168,512 (76,397) 161,172 (91,664) Non-controlling interests 254 4,279 - - 168,766 (72,118) 161,172 (91,664) BASIC EARNINGS (LOSS) PER SHARE 19 0.42 0.11 0.41 0.09 Notes to interim financial statements form an integral part of these statements. STATEMENT OF COMPREHENSIVE INCOME FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2019 In Thousand Baht Consolidated Separate financial statements financial statements Notes 2019 2018 2019 2018 REVENUES Revenue from sales and rendering of services 2,310,634 2,649,945 2,191,951 2,499,643 Other incomes 36,747 29,740 39,238 26,797 Gain on exchange rate 8,332 - 9,352 - Total revenues 2,355,713 2,679,685 2,240,541 2,526,440 EXPENSES Cost of sales of goods and rendering of services 4 1,561,827 1,773,003 1,517,354 1,697,578 Selling expenses 196,538 307,911 196,538 307,364 Administrative expenses 166,675 246,619 116,994 166,366 Loss on exchange rate - 16,382 - 18,920 Management benefit expenses 26,216 24,671 18,832 18,431 Finance costs 4,995 7,733 2,921 2,751 Total expenses 1,956,251 2,376,319 1,852,639 2,211,410 Profit before income tax revenue (expense) 399,462 303,366 387,902 315,030 Income tax revenue (expense) 18 (3,243) (11,232) (5,449) (13,955) PROFIT (LOSS) FOR THE PERIOD 396,219 292,134 382,453 301,075 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Separate financial statements financial statements Notes 2019 2018 2019 2018 OTHER COMPREHENSIVE INCOME (LOSS) Transactions that maybe reclassified after entering into profit or loss statement Exchange differences on translating financial statements Transactions that will not be reclassified after entering into profit (100,453) (36,853) (118,872) (38,921) or loss statement Actuarial gains for employee benefit plan 16 1,542 - 1,542 - Income tax relating to other comprehensive income (308) - (308) - OTHER COMPREHENSIVE INCOME FOR THE PERIOD (99,219) (36,853) (117,638) (38,921) TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 297,000 255,281 264,815 262,154 PROFIT (LOSS) ATTRIBUTABLE TO : Owners of the Company 388,335 290,149 382,453 301,075 Non-controlling interests 7,884 1,985 - - 396,219 292,134 382,453 301,075 TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO : Owners of the Company 289,116 253,296 264,815 262,154 Non-controlling interests 7,884 1,985 - - 297,000 255,281 264,815 262,154 BASIC EARNINGS (LOSS) PER SHARE 19 0.81 0.64 0.80 0.67 Notes to interim financial statements form an integral part of these statements. M.C.S. STEEL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENTOF CHANGES IN SHAREHOLDERS' EQUITY FOR THE NINE-MONTH PERIOD SEPTEMBER 30, 2019 In Thousand Baht Consolidated financial statements "UNAUDITED" "REVIEWED" Issued and Premium Premium Difference from Paid-up on Ordinary (discount) change in Retained Earnings Appropriated Other Components of Shareholders' Equity Total Equity Non- Total Unappropriated Exchange Differences Total Attributable to Treasury controlling Shareholders' For the nine-month period ended September 30, 2019 Note Share Capital Shares on treasury shareholding Legal Reserve Treasury shares on Translating Other Owners shares Interests Equity Shares proportion reserve Financial Statements Components of of the Company in subsidiary Shareholders' Equity Balance as at January 1, 2019 500,000 140,000 (153,610) (15,250) 50,000 295,812 3,141,151 (748,510) (748,510) 3,209,593 (295,812) 55,657 2,969,438 Dividend paid 20 - - - - - - (238,487) - - (238,487) - - (238,487) Profit (loss) for the period - - - - - - 388,335 - - 388,335 - 7,884 396,219 Other comprehensive income (loss) - - - - - - 1,234 (100,453) (100,453) (99,219) - - (99,219) Total comprehensive income (loss) for the period - - - - - - 389,569 (100,453) (100,453) 289,116 - 7,884 297,000 Balance as at September 30, 2019 500,000 140,000 (153,610) (15,250) 50,000 295,812 3,292,233 (848,963) (848,963) 3,260,222 (295,812) 63,541 3,027,951 For the nine-month period ended September 30, 2018 Beginning balance, as at January1, 2018 500,000 140,000 - - 50,000 643,070 2,556,945 (693,110) (693,110) 3,196,905 (643,070) 41,626 2,595,461 Diposals of treasury shares - - (59,862) - - (135,044) 135,044 - - (59,862) 135,044 - 75,182 Dividened paid - - - - - - (179,984) - - (179,984) - - (179,984) Profit (loss) for the period - - - - - - 290,149 - - 290,149 - 1,985 292,134 Other comprehensive income (loss) - - - - - - - (36,853) (36,853) (36,853) - - (36,853) Change in shareholding proportion in subsidiary - - - (15,250) - - - - - (15,250) - 10,460 (4,790) Total comprehensive income (loss) for the period - - - (15,250) - - 290,149 (36,853) (36,853) 238,046 - 12,445 250,491 Balance as at September 30, 2018 500,000 140,000 (59,862) (15,250) 50,000 508,026 2,802,154 (729,963) (729,963) 3,195,105 (508,026) 54,071 2,741,150 Comprehensive income (loss) for the period Comprehensive income (loss) for the period Notes to interim financial statements form an integral part of these statements. M.C.S. STEEL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENTOF CHANGES IN SHAREHOLDERS' EQUITY FOR THE NINE-MONTH PERIOD SEPTEMBER 30, 2019 "UNAUDITED" "REVIEWED" In Thousand Baht Separate financial statements Issued and Premium Premium (discount) Retained Earnings Other Components of Shareholders' Equity Total Paid-up on Ordinary on treasury Appropriated Unappropriated Exchange Differences Total Shareholders' Share Capital Shares Shares Legal Reserve Treasury share on Translating Other Treasury share Equity reserve Financial Statements Components of Note Shareholders' Equity For the nine-month period ended September 30, 2019 500,000 140,000 (153,610) 50,000 295,812 3,218,000 (749,459) (749,459) (295,812) 3,004,931 20 - - - - - (238,487) - - - (238,487) - - - - - 382,453 - - - 382,453 - - - - - 1,234 (118,872) (118,872) - (117,638) - - - - - 383,687 (118,872) (118,872) - 264,815 Balance as at January 1, 2019 Dividend paid Comprehensive income (loss) for the period Profit (loss) for the period Other comprehensive income (loss) Total comprehensive income (loss) for the period Balance as at September 30, 2019 500,000 140,000 (153,610) 50,000 295,812 3,363,200 (868,331) (868,331) (295,812) 3,031,259 Balance as at January 1, 2018 500,000 140,000 - 50,000 643,070 2,599,605 (727,614) (727,614) (643,070) 2,561,991 Diposals of treasury shares - - (59,862) - (135,044) 135,044 - - 135,044 75,182 Dividend paid - - - - - (179,984) - - - (179,984) Profit (loss) for the period - - - - - 301,075 - - - 301,075 Other comprehensive income (loss) - - - - - - (38,921) (38,921) - (38,921) Total comprehensive income (loss) for the period - - - - - 301,075 (38,921) (38,921) - 262,154 Balance as at September 30, 2018 500,000 140,000 (59,862) 50,000 508,026 2,855,740 (766,535) (766,535) (508,026) 2,719,343 For the nine-month period ended September 30, 2018 Comprehensive income (loss) for the period Notes to interim financial statements form an integral part of these statements.

Appears in 1 contract

Samples: 203.156.146.108

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 14August 9, 2021 2017 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” 4752 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements CURRENT ASSETS Note As at June As at December As at June As at December 30, 2017 31, 2016 30, 2017 31, 2016 Cash and cash equivalents 34,475 13,240 32,683 10,782 Short-term investments 000 000 000 000 Short-term loan to related parties 4 - 2 - 55,000 57,000 Inventories 5 514,963 622,874 514,963 622,874 Property development costs 6 2,552,154 2,608,548 2,552,154 2,608,548 Land held for development 7 1,499,497 1,464,839 1,426,089 1,391,431 Other current assets 4 11,059 20,336 15,394 23,221 Total current assets 4,612,846 4,730,533 4,596,981 4,714,552 NON-CURRENT ASSETS Deposit pledged as collateral 8 8,260 8,223 8,260 8,223 Investment in subsidiaries 9 - - 11,864 11,864 Investment property 10 209,210 214,237 209,210 214,237 Property, plant and equipment 11 111,754 123,737 110,970 122,438 Intangible assets 12 6,008 4,930 6,008 4,930 Witholding tax 8,752 6,756 8,390 6,457 Deferred tax asstes 20 5,498 4,569 3,777 2,848 Other non-current assets 4,131 4,091 4,131 4,092 Total non-current assets 353,613 366,543 362,610 375,089 TOTAL ASSETS 4,966,459 5,097,076 4,959,591 5,089,641 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at June As at December As at June As at December Note 30, 2017 31, 2016 30, 2017 31, 2016 CURRENT LIABILITIES Bank overdrafts and short-term loans from the financial institutions 13 417,700 1,171,188 417,700 1,171,188 Trade notes payable 39,108 47,494 39,108 47,494 Trade accounts payable and other payable 84,345 106,749 84,345 106,748 Payable to related parties 4 44,110 39,333 45,727 42,655 Accrued expenses 4 30,644 15,287 29,462 14,115 Current portion of liabilities under the finance lease agreement 14 798 829 798 829 Current portion of long-term loan from the financial institutions 15 204,084 329,998 204,084 329,998 Short-term loan from related parties 4 306,000 - 306,000 - Short-term loan from the director 4 - 81,000 - 81,000 Advance received from customers 11,141 23,654 11,141 23,653 Retention from contractors 80,006 80,311 79,748 79,927 Other current liabilities 472 496 400 409 Total current liabilities 1,218,408 1,896,339 1,218,513 1,898,016 NON-CURRENT LIABILITIES Liabilities under the finance lease agreement 14 455 840 455 840 Long-term loans from the financial institutions 15 1,185,678 647,696 1,185,678 647,696 Employee benefit obligations 16 42,481 39,885 41,235 38,740 Provision for compensation for housing estate juristic persons 17 15,382 14,844 15,382 14,844 Liabilities from purchasing the real estate project 18 32,147 32,147 28,604 28,604 Total non-current liabilities 1,276,143 735,412 1,271,354 730,724 TOTAL LIABILITIES 2,494,551 2,631,751 2,489,867 2,628,740 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at June As at December As at June As at December 30, 2017 31, 2016 30, 2017 31, 2016 SHAREHOLDER’S EQUITY Share capital Authorized share capital 1,245,284,305 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Issued and paid-up share capital 1,245,283,691 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Premium on share capital 577,530 577,530 577,530 577,530 Retained earnings Appropriated - legal reserve 68,050 68,050 68,050 68,050 Unappropriated 581,044 574,461 578,860 570,037 Other components of equity - - - - Total equity attributable to company's shareholders 2,471,908 2,465,325 2,469,724 2,460,901 Non-controlling interests - - - - TOTAL SHAREHOLDER’S EQUITY 2,471,908 2,465,325 2,469,724 2,460,901 TOTAL LIABILITIES AND SHAREHOLDER’S EQUITY 4,966,459 5,097,076 4,959,591 5,089,641 Notes to interim financial statements form an integral part of these statements. Sales 349,940 469,719 349,940 469,719 Rental income and service 5,447 5,121 4,469 4,058 Other income 4 3,001 2,701 3,680 3,556 Total Revenues 358,388 477,541 358,089 477,333 XPENSES Cost of sales 4 239,104 306,468 239,104 306,468 Cost for rent and service 5,631 5,139 4,126 4,204 Selling expenses 44,180 47,952 44,180 47,952 Administrative expenses 4 42,205 45,164 42,456 44,597 Management benefit expenses 4 7,916 7,655 7,916 7,655 Finance costs 4 15,224 22,943 15,215 22,937 Total Expenses 354,260 435,321 352,997 433,813 ncome (loss) before tax expenses 4,128 42,220 5,092 43,520 ax expenses (income) 20 2,860 8,768 2,860 8,928 ofit (loss) for the period ther comprehensive income 1,268 33,452 2,232 34,592 E I T Pr O Items that will not be reclassified to profit or loss Items that may be reclassified subsequently to profit or loss - - - - Total comprehensive income for the period 1,268 33,452 2,232 34,592 Profit (loss) attributable to Shareholders' equity of the parent company 1,268 33,452 2,232 34,592 Non-controlling interests - - - - 1,268 33,452 2,232 34,592 Total comprehensive income attributable to Shareholders' equity of the parent company 1,268 33,452 2,232 34,592 Non-controlling interests - - - - 1,268 33,452 2,232 34,592 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 19 Profit (loss) for the period (Baht per share) 0.001 0.027 0.001 0.028 Notes to interim financial statements form an integral part of these statements. Sales 704,448 784,003 704,448 784,003 Rental income and service 10,144 10,622 8,275 8,437 Other income 4 4,855 9,112 6,357 10,285 Total Revenues 719,447 803,737 719,080 802,725 XPENSES Cost of sales 4 473,936 524,903 473,936 525,091 Cost for rent and service 10,886 11,054 8,504 9,143 Selling expenses 88,198 91,158 88,198 91,158 Administrative expenses 4 87,551 89,533 87,344 88,461 Management benefit expenses 4 15,899 15,209 15,899 15,209 E Finance costs 4 31,821 44,563 31,803 44,059 Total Expenses 708,291 776,420 705,684 773,121 Share of profit from investment in an associated company - - - - Income (loss) before tax expenses 11,156 27,317 13,396 29,604 Tax expenses (income) 20 4,573 6,124 4,573 6,445 Profit (loss) for the period 6,583 21,193 8,823 23,159 Other comprehensive income Items that will not be reclassified to profit or loss Actuarial loss from post-employee benefit, net of income tax 16 - (331) - (325) Items that may be reclassified subsequently to profit or loss - - - - Total comprehensive income for the period 6,583 20,862 8,823 22,834 Profit (loss) attributable to Shareholders' equity of the parent company 6,583 21,193 8,823 23,159 Non-controlling interests - - - - 6,583 21,193 8,823 23,159 Total comprehensive income attributable to Shareholders' equity of the parent company 6,583 20,862 8,823 22,834 Non-controlling interests - - - - 6,583 20,862 8,823 22,834 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 19 Profit (loss) for the period (Baht per share) 0.005 0.017 0.007 0.019 Notes to interim financial statements form an integral part of these statements. - 7 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2021 ASSETS 2017 “UNAUDITED” “REVIEWED” In Thousand Baht Consolidated Financial Statements Shareholders' equity of the parent company Non-controlling Total Share capital Premium on Retained earnings Other Total interests issued and share capital Appropriated Unappropriated components Note paid-up legal reserve of equity Beginning balance as at January 1, 2017 1,245,284 577,530 68,050 574,461 - 2,465,325 - 2,465,325 Comprehensive income Profit for the period - - - 6,583 - 6,583 - 6,583 Other comprehensive income for the period - - Total comprehensive income for the period - - - - - 6,583 - - - 6,583 - - - 6,583 Ending balance as at June 30, 2017 1,245,284 577,530 68,050 581,044 - 2,471,908 - 2,471,908 Beginning balance as at January 1, 2016 1,185,985 577,530 66,750 621,256 - 2,451,521 - 2,451,521 Dividend paid - - - (6,589) - (6,589) - (6,589) Stock dividend 59,299 - - (59,299) - - - - Total comprehensive income for the period - - - 20,862 - 20,862 - 20,862 Ending balance as at June 30, 2016 1,245,284 577,530 66,750 576,230 - 2,465,794 - 2,465,794 Notes to interim financial statements form an integral part of these statements. N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2017 “UNAUDITED” “REVIEWED” In ThousandBaht Separate Financial Statements As Share capital Premium on Retained earnings Other Total Note issued and share capital Appropriated Unappropriated components paid-up legal reserve of equity Beginning balance as at March As January 1, 2017 1,245,284 577,530 Comprehensive income Profit for the period - - 68,050 - 570,037 8,823 - - 2,460,901 8,823 Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 8,823 - 8,823 Ending balance as at December As June 30, 2017 1,245,284 577,530 68,050 578,860 - 2,469,724 Beginning balance as at March As January 1, 2016 1,185,985 577,530 66,750 611,864 - 2,442,129 Dividend paid - - - (6,589) - (6,589) Stock dividend 59,299 - - (59,299) - - Total comprehensive income for the period - - - 22,834 - 22,834 Ending balance as at December Note 31June 30, 2021 31, 2020 31, 2021 31, 2020 CURRENT ASSETS Cash 2016 1,245,284 577,530 66,750 568,810 - 2,458,374 Notes to interim financial statements form an integral part of these statements. Consolidated Financial Statements Separate Financial Statements 0000 0000 0000 0000 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period 6,583 21,193 8,823 23,159 Add (less) Adjustments to reconcile profit (loss) for the period to net cash provided by (used in) operating activities : Depreciation and cash equivalents 358,765 64,808 350,623 57,072 amortization 13,494 13,266 12,979 12,626 Unrealized gain from trading securities (2) (2) (2) (2) Allowance for doubtful account - 4,404 - 4,404 (Gain) loss from sale and amortization of fixed assets 5,875 (322) 5,875 (322) Loss from write-off account asset - 81 - - Gain from written-off accounts payable and accrued expenses - (3,444) - (3,403) Provision for compensation for housing estate juristic persons 880 1,897 880 1,897 Employee benefit expenses 2,002 1,827 1,920 1,738 Interest income (1,650) (96) (1,648) (1,272) Interest expenses 31,821 44,563 31,803 44,059 Tax expenses (income) 4,573 6,124 4,573 6,445 Income from operating activities before changes in operating assets and liabilities 63,576 89,491 65,203 89,329 Decrease (increase) in operating assets Trade accounts receivable (152) (4,441) - (4,404) Inventories 107,912 (284,634) 107,912 (284,634) Property development costs 148,072 371,990 148,072 372,178 Land held for development (87,438) (628) (87,438) (628) Deposit from purchase land - (54,918) - (54,918) Other current assets 2,742 (13,703) 1,140 (13,687) Other non-current assets (40) 1,295 (40) 1,295 Notes to interim financial statements form an integral part of these statements. Consolidated Financial Statements Separate Financial Statements 0000 0000 0000 0000 Increase (decrease) in operating liabilities Trade notes payable (8,387) (12,648) (8,387) (12,648) Trade accounts payable and other payable (22,403) (3,139) (22,403) (2,121) Payable to related parties 4,777 11,374 3,073 11,278 Accrued expenses 4,222 (12,545) 4,213 (10,726) Advance received from customers (12,512) (2,913) (12,512) (2,913) Retention from contractors (305) 2,473 (179) 2,504 Other current receivables 5,6 15,619 8,881 14,192 7,336 Shortliabilities (24) (209) (9) (209) Cash receivable (paid) from the operations 200,040 86,845 198,645 89,696 Xxxx received from interest income 18 96 15 121 Witholding taxes refunded from Revenue Department - 80 - - Income tax expenses paid (7,499) (11,530) (7,435) (11,457) Xxxx paid for provision for compensation for housing estate juristic persons (342) (11,704) (342) (11,704) Net cash provided by (used in) operating activities 192,217 63,787 190,883 66,656 CASH FLOWS FROM INVESTING ACTIVITIES Cash paid for short-term loan to related parties - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NON- (37,000) Cash received from short-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment in subsidiaries 11 term loan to related parties - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right2,000 - Increase in short-of-use term investments (37) (64) (37) (64) Proceeds from sales of fixed assets 14 20,566 21,723 10,041 10,817 Intangible - 350 - 350 Cash paid for purchase of fixed assets 15 4,153 4,170 3,938 3,989 Land held (1,741) (3,388) (1,741) (3,388) Cash paid for development 1,157,468 1,184,982 1,084,417 1,111,931 Deferred tax purchase of intangible assets 16 16,175 18,931 14,384 17,140 Other non-current assets 4,785 9,297 4,664 9,186 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 (1,695) (398) (1,695) (398) Net cash provided by (used in) investing activities (3,473) (3,500) (1,473) (40,500) Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 11 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION CASH FLOWS (CONT.) AS AT MARCH 31FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 20212017 CASH FLOWS FROM FINANCING ACTIVITIES Increase (decrease) in bank overdrafts and short-term In Thousand Baht Consolidated Financial Statements Separate Financial Statements 0000 0000 0000 0000 loans from the financial institutions (753,488) 257,536 (753,488) 257,536 Cash paid for liabilities under finance lease agreement (417) (729) (417) (729) Xxxx received from short-term loan a related party 306,000 - 306,000 - Xxxx received from short-term loan from the director 74,000 20,000 74,000 20,000 Cash paid for short-term loan from the directors (155,000) (84,000) (155,000) (49,000) Xxxx received from long-term loans 1,431,507 229,169 1,431,507 229,169 Cash paid for long-term loans (1,019,439) (422,882) (1,019,439) (422,882) Interest paid (50,672) (64,932) (50,672) (64,934) Dividend paid - (6,589) - (6,589) Net cash provided by (used in) financing activities (167,509) (72,427) (167,509) (37,429) Net increase (decrease) in cash and cash equivalents 21,235 (12,140) 21,901 (11,273) Cash and cash equivalents, beginning of period 13,240 29,700 10,782 24,111 Cash and cash equivalents, end of period 34,475 17,560 32,683 12,838 Supplemental disclosures of cash flows information 1) Cash and cash equivalents consisted of : Cash on hand 000 000 000 542 Cash at bank 34,028 17,018 32,236 12,296 Total 34,475 17,560 32,683 12,838 Notes to interim financial statements form an integral part of these statements. N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES NOTES TO INTERIM FINANCIAL STATEMENTS JUNE 30, 2017

Appears in 1 contract

Samples: Finance Lease 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 the accounting standards No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 14, 2021 (Miss Xxxxxxx XxxxxxxxxxxChotima Kitsirakorn) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31Dharmniti Auditing Company Limited Bangkok, Thailand November 12, 2021 ASSETS In Thousand Baht Consolidated Separate Financial Statements Separate Financial Statements As at March September As at December As at March September As at December Note 31Notes 30, 2021 31, 2020 3130, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 6 154,814 77,450 79,006 48,656 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 7 181,244 177,836 1,152,492 1,128,256 Unbilled revenue from construction service 38,302 - - - Real estate projects under development 8 6,861,572 6,424,629 5,087,119 4,370,075 Deposits for land 21 125,590 148,590 125,590 148,590 Short-term loans to related parties 5 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 1,040,604 1,095,000 Current tax assets 26,539 7,385 11,438 - Other current financial assets 85 85 85 85 Rental deposit 5 60,000 - 60,000 - Other current assets 4,528 4,779 - - Total current assets 7,452,674 6,840,754 7,556,334 6,790,662 NON-CURRENT ASSETS Deposits at banks used as collateral 9 1,948,257 361,433 1,948,257 349,876 Investments in subsidiaries 10 - - 364,000 315,000 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 8 1,738,669 2,899,938 865,082 2,027,691 Investment in subsidiaries properties 11 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 394,614 394,614 355,814 355,814 Property, plant and equipment 13 104,548 100,180 76,374 77,276 333,155 352,805 323,996 334,717 Right-of-use assets 14 20,566 21,723 10,041 10,817 12 461,988 482,167 458,747 475,226 Prepaid rental expenses 104,290 110,682 104,290 110,682 Leasehold rights 13 1,657,134 1,559,882 1,657,134 1,559,882 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 8,182 10,213 6,909 8,565 Deferred tax assets 16 16,175 18,931 14,384 17,140 43,856 44,514 30,713 29,076 Rental deposit 5 - 60,000 - 60,000 Retention receivables from construction 29,975 6,226 - - Other non-current assets 4,785 9,297 4,664 9,186 29,101 20,797 11,598 10,653 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 6,749,221 6,303,271 6,126,540 5,637,182 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 14,201,895 13,144,025 13,682,874 12,427,844 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021In Thousand Baht Consolidated Separate

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 No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 14November 12, 2021 (Miss Xxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31SEPTEMBER 30, 2021 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March September As at December As at March September As at December Note 3130, 2021 31, 2020 3130, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 121,681 64,808 350,623 115,139 57,072 Trade and other current receivables 5,6 15,619 11,349 8,881 14,192 10,392 7,336 Short-term to related parties 5 - - 20,000 35,500 10,000 Inventories 7 126,204 144,629 124,530 120,549 122,455 123,561 Property development costs 8 1,392,784 1,962,424 1,642,014 1,399,954 1,980,864 1,642,014 Land held for development 9 513,127 436,400 451,636 512,771 436,043 451,279 Deposits for land 74,453 25,606 8,441 74,453 25,606 8,441 Other current financial assets 834 964 964 720 590 720 Other current assets 2,006 1,862 2,750 1,506 1,680 2,836 Total current assets 2,483,922 2,704,785 2,304,024 2,494,768 2,728,269 2,303,259 NON-CURRENT ASSETS Restricted deposits with Other non-current financial institutions assets 10 12,731 16,455 11,019 12,731 16,455 11,019 Investment in subsidiaries 11 - - 86,864 86,864 Investment property 12 224,060 219,117 221,229 224,060 219,117 221,229 Property, plant and equipment 13 104,548 106,173 100,180 76,374 73,936 77,276 Right-of-use assets 14 20,566 17,436 21,723 10,041 8,490 10,817 Intangible assets 15 4,153 3,852 4,170 3,938 3,560 3,989 Land held for development 1,157,468 9 1,141,166 1,184,982 1,084,417 1,069,141 1,111,931 Deferred tax assets 16 16,175 14,580 18,931 14,384 12,857 17,140 Other non-current assets 4,785 4,018 9,297 4,664 3,547 9,186 Total non-current assets 1,544,486 1,522,797 1,571,531 1,517,473 1,493,967 1,549,451 TOTAL ASSETS 4,028,408 4,227,582 3,875,555 4,012,241 4,222,236 3,852,710 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH SEPTEMBER 30, 2021 LIABILITIES AND SHAREHOLDERS' EQUITY In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at September 30, 2021 As at December 31, 20212020 As at September 30, 2021 As at December 31, 2020 CURRENT LIABILITIES Bank overdrafts and short-term loans from the financial institutions 17 59,331 3,020 59,331 3,020 Trade and other current payables 5,18 460,627 416,813 442,271 410,697 Accrued income tax Current portion of long-term loan from 6,855 8,560 6,855 8,560 the financial institutions 19 196,067 259,926 196,067 259,926 Current portion of lease liabilities 21 6,755 6,515 3,648 3,512 Short-term loan from related parties 5 5,000 184,000 - 179,000 Short-term loan from the director Other current liabilities 5 - 1,049 2,500 - - - - - Total current liabilities 735,684 881,334 708,172 864,715 NON-CURRENT LIABILITIES Long-term loans from the financial institutions 19 383,449 163,387 383,449 163,387 Debenture 20 149,720 - 149,720 - Lease liabilities 21 12,902 17,559 6,831 9,525 Provision for employee benefit obligations 22 60,468 60,002 58,395 57,894 Provision for compensation for housing estate juristic persons 23 23,290 20,294 23,290 20,294 Provision from purchasing the real estate project 24 44,977 36,807 43,114 33,498 Other non-current liabilities 14,671 9,219 15,104 9,219 Total non-current liabilities 689,477 307,268 679,903 293,817 TOTAL LIABILITIES 1,425,161 1,188,602 1,388,075 1,158,532 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT SEPTEMBER 30, 2021 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at September As at December As at September As at December 30, 2021 31, 2020 30, 2021 31, 2020 SHAREHOLDER’S EQUITY Share capital Authorized share capital 1,245,284,305 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Issued and paid-up share capital 1,245,283,691 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Premium on share capital 577,530 577,530 577,530 577,530 Retained earnings Appropriated - legal reserve 81,560 81,560 81,560 81,560 Unappropriated 904,184 780,307 929,787 789,804 Other components of equity - - - - Total equity attributable to company's shareholders 2,808,558 2,684,681 2,834,161 2,694,178 Non-controlling interests (6,137) 2,272 - - TOTAL SHAREHOLDER’S EQUITY 2,802,421 2,686,953 2,834,161 2,694,178 TOTAL LIABILITIES AND SHAREHOLDER’S EQUITY 4,227,582 3,875,555 4,222,236 3,852,710 Notes to interim financial statements form an integral part of these statements. REVENUES Sales 484,843 330,762 484,843 330,762 Rental income and service 4,571 3,656 2,700 2,139 Other income 5 2,807 2,962 1,714 2,810 Total Revenues 492,221 337,380 489,257 335,711 EXPENSES Cost of sales 5 320,902 228,592 322,847 228,592 Cost for rent and service 12,502 6,565 5,577 3,634 Distribution costs 48,035 34,050 48,035 34,051 Administrative expenses 5 56,825 62,102 52,663 60,648 Total Expenses 438,264 331,309 429,122 326,925 Income (loss) before finance cost and tax expenses 53,957 6,071 60,135 8,786 Finance costs 5 3,276 6,245 3,150 6,175 Income (loss) before tax expenses 50,681 (174) 56,985 2,611 Tax expenses (income) 25 14,546 1,557 13,701 1,540 Profit (loss) for the period 36,135 (1,731) 43,284 1,071 Other comprehensive income Items that will not be reclassified to profit or loss Actuarial gains (loss) from post-employee benefit, net of income tax 2,075 1,922 1,897 2,136 Items that may be reclassified subsequently to profit or loss - - - - Other comprehensive income 2,075 1,922 1,897 2,136 Total comprehensive income for the period 38,210 191 45,181 3,207 Profit (loss) attributable to Shareholders' equity of the parent company 39,225 (536) 43,284 1,071 Non-controlling interests (3,090) (1,195) - - 36,135 (1,731) 43,284 1,071 Notes to interim financial statements form an integral part of these statements. Total comprehensive income attributable to Shareholders' equity of the parent company 41,300 1,386 45,181 3,207 Non-controlling interests (3,090) (1,195) - - 38,210 191 45,181 3,207 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 27 Profit (loss) for the period (Baht per share) 0.031 (0.0004) 0.035 0.0009 Notes to interim financial statements form an integral part of these statements. REVENUES Sales 1,886,533 1,179,878 1,886,533 1,179,878 Rental income and service 19,256 8,951 12,390 5,823 Other income 5 6,148 7,164 5,434 6,743 Total Revenues 1,911,937 1,195,993 1,904,357 1,192,444 EXPENSES Cost of sales 5 1,297,972 799,851 1,298,905 799,851 Cost for rent and service 33,964 18,927 15,507 11,793 Distribution costs 162,286 109,689 162,286 109,690 Administrative expenses 5 182,077 162,728 170,662 159,535 Total Expenses 1,676,299 1,091,195 1,647,360 1,080,869 Income (loss) before finance cost and tax expenses 235,638 104,798 256,997 111,575 Finance costs 5 12,006 23,816 11,550 23,658 Income (loss) before tax expenses 223,632 80,982 245,447 87,917 Tax expenses (income) 25 60,428 16,047 57,550 15,984 Profit (loss) for the period 163,204 64,935 187,897 71,933 Other comprehensive income Items that will not be reclassified to profit or loss Actuarial gains (loss) from post-employee benefit, net of income tax 2,075 1,922 1,897 2,136 Items that may be reclassified subsequently to profit or loss - - - - Other comprehensive income 2,075 1,922 1,897 2,136 Total comprehensive income 165,279 66,857 189,794 74,069 Profit (loss) attributable to Shareholders' equity of the parent company 171,613 67,923 187,897 71,933 Non-controlling interests (8,409) (2,988) - - 163,204 64,935 187,897 71,933 Shareholders' equity of the parent company 173,688 69,845 189,794 74,069 Non-controlling interests (8,409) (2,988) - - 165,279 66,857 189,794 74,069 ASIC EARNINGS PER SHARE OF THE PARENT COMPANY Profit (loss) for the period (Baht per share) 27 0.138 0.055 0.151 0.058 Total comprehensive income attributable to B - 9 -

Appears in 1 contract

Samples: investor.ncgroup.co.th

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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 14August 10, 2021 2020 (Miss Xxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements CURRENT ASSETS Note As at March June As at December As at March June As at December Note 31, 2021 3130, 2020 31, 2021 2019 30, 2020 31, 2020 CURRENT ASSETS 2019 Cash and cash equivalents 358,765 64,808 350,623 57,072 57,147 27,210 49,089 19,195 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 Short-term to related parties - - 20,000 10,000 7 8,647 7,108 6,039 6,216 Inventories 7 126,204 124,530 120,549 123,561 8 158,111 172,056 158,049 171,983 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 9 1,752,506 1,890,016 1,752,506 1,890,016 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 10 1,594,281 1,673,191 1,520,873 1,599,783 Other current financial assets 964 964 720 720 956 954 714 712 Other current assets 2,006 2,750 1,506 2,836 2,054 3,310 2,116 3,330 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,573,702 3,773,845 3,489,386 3,691,235 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 11 15,823 13,821 15,823 13,821 Investment in subsidiaries 11 12 - - 86,864 86,864 79,364 Investment property 12 224,060 221,229 224,060 221,229 13 206,549 192,201 206,549 192,201 Property, plant and equipment 13 104,548 100,180 76,374 77,276 14 93,666 94,147 84,047 85,650 Right-of-use assets 14 20,566 21,723 10,041 10,817 15 12,367 - 12,367 - Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 16 4,260 4,653 4,148 4,528 Deferred tax assets 16 16,175 18,931 14,384 17,140 17 16,983 14,645 15,261 12,923 Other non-current assets 4,785 9,297 4,664 9,186 8,958 9,387 8,888 9,267 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 358,606 328,854 433,947 397,754 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 3,932,308 4,102,699 3,923,333 4,088,989 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at June As at December As at June As at December Note 30, 2020 31, 20212019 30, 2020 31, 2019 CURRENT LIABILITIES Bank overdrafts and short-term loans from the financial institutions 18 212,772 306,870 212,772 306,870 Trade and other current payables Current portion of long-term loan from 19 278,075 252,111 277,059 248,152 the financial institutions 20 114,476 273,073 114,476 273,073 Current portion of lease liabilities 21 4,323 - 4,323 - Accrued income tax 7,347 - 7,303 - Short-term loan from related parties 6 219,000 219,000 219,000 219,000 Short-term loan from the director 6 2,500 2,500 - - Total current liabilities 838,493 1,053,554 834,933 1,047,095 NON-CURRENT LIABILITIES Long-term loans from the financial institutions 20 315,306 349,044 315,306 349,044 Lease liabilities 21 8,681 - 8,681 - Provision for employee benefit obligations 22 61,434 64,930 59,632 63,222 Provision for compensation for housing estate juristic persons 23 18,277 16,526 18,277 16,526 Provision from purchasing the real estate project 24 42,507 42,741 39,198 39,198 Other non-current liabilities 6,490 3,950 6,490 3,950 Total non-current liabilities 452,695 477,191 447,584 471,940 TOTAL LIABILITIES 1,291,188 1,530,745 1,282,517 1,519,035 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at June As at December As at June As at December 30, 2020 31, 2019 30, 2020 31, 2019 SHAREHOLDER’S EQUITY Share capital Authorized share capital 1,245,284,305 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Issued and paid-up share capital 1,245,283,691 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Premium on share capital 577,530 577,530 577,530 577,530 Retained earnings Appropriated - legal reserve 75,360 75,360 75,360 75,360 Unappropriated 737,765 669,306 742,642 671,780 Other components of equity - - - - Total equity attributable to company's shareholders 2,635,939 2,567,480 2,640,816 2,569,954 Non-controlling interests 5,181 4,474 - - TOTAL SHAREHOLDER’S EQUITY 2,641,120 2,571,954 2,640,816 2,569,954 TOTAL LIABILITIES AND SHAREHOLDER’S EQUITY 3,932,308 4,102,699 3,923,333 4,088,989 Notes to interim financial statements form an integral part of these statements. Sales 520,136 213,141 520,136 213,141 Rental income and service 2,884 5,296 1,528 4,099 Other income 6 2,303 1,497 2,047 1,515 Total Revenues 525,323 219,934 523,711 218,755 EXPENSES Cost of sales 6 333,355 154,493 333,355 154,493 Cost for rent and service 6,413 5,151 3,975 4,270 Distribution costs 50,701 20,904 50,701 20,904 Administrative expenses 6 54,413 42,894 53,404 43,077 Total Expenses 444,882 223,442 441,435 222,744 Income (loss) before finance cost and tax expenses 80,441 (3,508) 82,276 (3,989) Finance costs 6 8,037 9,782 7,994 9,730 Income (loss) before tax expenses 72,404 (13,290) 74,282 (13,719) Tax expenses (income) 25 13,100 (3,707) 13,056 (3,783) Profit (loss) for the period 59,304 (9,583) 61,226 (9,936) Other comprehensive income - - - - Total comprehensive income for the period 59,304 (9,583) 61,226 (9,936) Profit (loss) attributable to Shareholders' equity of the parent company 60,110 (9,583) 61,226 (9,936) Non-controlling interests (806) - - - 59,304 (9,583) 61,226 (9,936) Total comprehensive income attributable to Shareholders' equity of the parent company 60,110 (9,583) 61,226 (9,936) Non-controlling interests (806) - - - 59,304 (9,583) 61,226 (9,936) BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 26 Profit (loss) for the period (Baht per share) 0.048 (0.008) 0.049 (0.008) Notes to interim financial statements form an integral part of these statements. Sales 849,116 614,700 849,116 614,700 Rental income and service 5,295 10,755 3,684 8,268 Other income 6 4,202 2,947 3,933 2,977 Total Revenues 858,613 628,402 856,733 625,945 EXPENSES Cost of sales 6 554,025 410,217 554,025 410,217 Cost for rent and service 12,362 10,221 8,159 8,396 Distribution costs 92,873 70,158 92,873 70,158 Administrative expenses 6 100,626 89,985 98,887 90,113 Total Expenses 759,886 580,581 753,944 578,884 Income (loss) before finance cost and tax expenses 98,727 47,821 102,789 47,061 Finance costs 6 17,571 21,060 17,483 20,948 Income (loss) before tax expenses 81,156 26,761 85,306 26,113 Tax expenses (income) 25 14,490 3,521 14,444 3,445 Profit (loss) for the period 66,666 23,240 70,862 22,668 Other comprehensive income - - - - Total comprehensive income 66,666 23,240 70,862 22,668 Profit (loss) attributable to Shareholders' equity of the parent company 68,459 23,240 70,862 22,668 Non-controlling interests (1,793) - - - 66,666 23,240 70,862 22,668 Total comprehensive income attributable to Shareholders' equity of the parent company 68,459 23,240 70,862 22,668 Non-controlling interests (1,793) - - - 66,666 23,240 70,862 22,668 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 26 Profit (loss) for the period (Baht per share) 0.055 0.019 0.057 0.018 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Shareholders' equity of the parent company Non-controlling Total Share capital Premium on Retained earnings Other Total interests Note issued and paid-up share capital Appropriated Unappropriated legal reserve component of equity s Beginning balance as at January 1, 2020 1,245,284 577,530 75,360 669,306 - 2,567,480 4,474 2,571,954 Shares fee payment in subsidiary Comprehensive income Profit for the period - - - - - - - 68,459 - - - 68,459 2,500 (1,793) 2,500 66,666 Other comprehensive income for the period - - - - - - - - Total comprehensive income for the period - - - 68,459 - 68,459 (1,793) 66,666 Ending balance as at June 30, 2020 1,245,284 577,530 75,360 737,765 - 2,635,939 5,181 2,641,120 Beginning balance as at January 1, 2019 1,245,284 577,530 74,150 688,675 - 2,585,639 - 2,585,639 Dividend paid Comprehensive income Profit for the period - - - - - - (37,358) 23,240 - (37,358) - 23,240 - - (37,358) 23,240 Other comprehensive income for the period - - - - - - - - Total comprehensive income for the period - - - 23,240 - 23,240 - 23,240 Ending balance as at June 30, 2019 1,245,284 577,530 74,150 674,557 - 2,571,521 - 2,571,521 Notes to interim financial statements form an integral part of these statements. Share capital Premium on In ThousandBaht Separate Financial Statements Retained earnings Other Total issued and share capital Appropriated Unappropriated components 577,530 75,360 671,780 - 2,569,954 - - 70,862 - 70,862 Note paid-up legal reserve of equity Beginning balance as at January 1, 2020 1,245,284 Comprehensive income Profit for the period - Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 70,862 70,862 Ending balance as at June 30, 2020 1,245,284 577,530 75,360 742,642 2,640,816 - - - (37,358) - (37,358) - - - 22,668 - 22,668 Beginning balance as at January 1, 2019 1,245,284 577,530 74,150 691,358 - 2,588,322 Dividend paid Comprehensive income Profit for the period Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 22,668 22,668 Ending balance as at June 30, 2019 1,245,284 577,530 74,150 676,668 2,573,632 Notes to interim financial statements form an integral part of these statements. Consolidated Financial Statements Separate Financial Statements 2020 2019 2020 2019 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period 66,666 23,240 70,862 22,668 Add (less) Adjustments to reconcile profit (loss) for the period to net cash provided by (used in) operating activities : Depreciation and amortization 11,413 10,631 10,709 10,627 Unrealized gain from trading securities (1) (2) (1) (2) Doubtful account - 980 - 980 (Gain) loss from sale and amortization of investment property - 2,963 - 2,963 Provision for compensation for housing estate juristic persons 1,751 866 1,751 866 Employee benefit expenses 1,698 2,292 1,620 2,184 Interest income (75) (79) (74) (77) Interest expenses 17,571 21,060 17,483 20,948 Tax expenses (income) 14,490 3,521 14,444 3,445 Income from operating activities before changes in operating assets and liabilities 113,513 65,472 116,794 64,602 Decrease (increase) in operating assets Trade and other current receivables (1,539) (91) 177 - Inventories 13,945 74,693 13,934 74,693 Property development costs 230,356 74,755 230,356 74,755 Land held for development - 508 - 508 Other current assets 1,256 2,526 1,214 2,668 Other non-current assets (981) 589 (981) 789 Notes to interim financial statements form an integral part of these statements. 2020 2019 2020 2019 Increase (decrease) in operating liabilities Trade and other current payables 23,969 (2,861) 26,846 (3,426) Other non-current liabilities 2,540 943 2,540 943 Cash receivable (paid) from the operations 383,059 216,534 390,880 215,532 Xxxx received from interest income 75 79 74 76 Witholding taxes refunded from Revenue Department 95 95 - - Cash paid for provision from purchasing the real estate project (234) - - - Xxxx paid for provision for employee benefit obligations (5,613) - (5,613) - Income tax expenses paid (9,525) (15,412) (9,481) (15,367) Net cash provided by (used in) operating activities 367,857 201,296 375,860 200,241 ASH FLOWS FROM INVESTING ACTIVITIES Increase in temporary investment (1) (41) - (40) Increase in restricted deposits with financial institutions (2,002) (758) (2,002) (758) Cash paid for increase of capital in subsidiary - - (7,500) - Cash paid for purchase of fixed assets (4,670) (1,285) (2,857) (1,256) Cash paid for purchase of investment property (16,811) (4,829) (16,811) (4,829) Cash paid for purchase of intangible assets (27) - (27) - Net cash provided by (used in) investing activities (23,511) (6,913) (29,197) (6,883) Consolidated Financial Statements Separate Financial Statements C Notes to interim financial statements form an integral part of these statements. CASH FLOWS FROM FINANCING ACTIVITIES Increase (decrease) in bank overdrafts and short-term Consolidated Financial Statements Separate Financial Statements 2020 2019 2020 2019 loans from the financial institutions (94,098) (63,743) (94,098) (63,743) Cash paid for liabilities under lease liabilities (1,760) (1) (1,760) (1) Cash received from the shares fee payment in subsidiary 2,500 - - - Cash paid for short-term loan from other company - (48,162) - (48,162) Cash paid for short-term loan a related party - (1,000) - - Cash received from long-term loans 178,043 259,267 178,043 259,267 Cash paid for long-term loans (370,378) (272,694) (370,378) (272,694) Interest paid (28,714) (42,793) (28,576) (42,615) Dividend paid - (37,358) - (37,358) Net cash provided by (used in) financing activities (314,407) (206,484) (316,769) (205,306) Net increase (decrease) in cash and cash equivalents 29,939 (12,101) 29,894 (11,948) Cash and cash equivalents, beginning of period 27,210 29,219 19,195 26,623 Cash and cash equivalents, end of period 57,149 17,118 49,089 14,675 Supplemental disclosures of cash flows information 1) Cash and cash equivalents consisted of : Cash on hand 784 607 669 607 Cash at bank 56,363 16,511 48,420 14,068 Total 57,147 17,118 49,089 14,675

Appears in 1 contract

Samples: investor.ncgroup.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 1413, 2021 2020 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 4752 ASSETS In Thousand Baht Consolidated Financial Statements financial statements Separate Financial Statements financial statements As at March As at December As at March As at December Note 31, 2021 Notes 31, 2020 31, 2021 2019 31, 2020 31, 2019 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 6 174,930 182,190 87,675 94,272 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 5, 7 165,732 700,182 85,993 470,895 Unbilled receivables 23 1,439,650 1,138,172 744,336 411,365 Accounts receivable - retention under construction contracts 5 240,176 215,366 73,385 68,764 Advances paid to subcontractors under construction contracts 5 465,417 519,906 171,055 195,643 Construction in progress 23 210,337 80,348 47,897 73,685 Inventories 8 5,571 5,569 5,514 5,514 Short-term loans to related parties 5 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 - - Withholding tax deducted at source 134,274 132,129 99,493 105,134 Other current assets 2,006 2,750 1,506 2,836 39,347 37,720 15,997 20,071 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 2,875,434 3,011,582 1,331,345 1,445,343 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment at banks 9 10,541 10,541 - - Long-term loans to related parties 5 - - - - Investments in subsidiaries 11 10 - - 86,864 86,864 Investment property 476,198 476,073 Investments in associates 11 98,404 25,375 100,000 25,375 Investments in joint ventures 12 224,060 221,229 224,060 221,229 25,979 26,238 2,376 2,376 Property, plant and equipment 13 104,548 100,180 76,374 77,276 570,224 595,909 547,955 570,690 Right-of-use assets 14 20,566 21,723 10,041 10,817 23,972 - 11,100 - Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 10,502 10,747 10,334 10,566 Deferred tax assets 16 16,175 18,931 14,384 17,140 22,854 28,972 13,402 13,367 Other non-current assets 4,785 9,297 4,664 9,186 6,959 6,271 5,467 5,468 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 769,435 704,053 1,166,832 1,103,915 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 3,644,869 3,715,635 2,498,177 2,549,258 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” CURRENT LIABILITIES Bank overdrafts and short-term loans In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Notes 31, 2020 31, 2019 31, 2020 31, 2019 from banks 15 496,838 473,051 321,838 249,051 Trade and other payables 5, 16 416,406 508,637 229,053 265,726 Unbilled payable Unearned construction - 3 revenue Accounts payable - N.C. HOUSING PUBLIC COMPANY LIMITED retention under construction contracts 647,178 - 112,192 561,624 - 100,572 192,819 - 6,357 87,707 - 13,104 Advances received from customers under construction contracts 23 940,852 986,559 373,908 387,031 Short-term loans from related parties 5 - - 625,000 748,000 Provision for liabilities under construction projects 17 44,984 76,893 7,221 8,101 Current portion of debentures 18 - 30,000 - 30,000 Current portion of lease liabilities Income tax payable Other current liabilities 19 11,430 - 16,615 2,291 - 39,717 5,682 - 3,426 526 - 28,077 Total current liabilities 2,686,495 2,779,344 1,765,304 1,817,323 NON-CURRENT LIABILITIES Lease liabilities - net of current portion 19 15,370 1,582 7,518 1,582 Provision for long-term employee benefits 20 75,114 75,122 62,996 63,328 Provision for litigation 26.1 20,000 20,000 20,000 20,000 Total non-current liabilities 110,484 96,704 90,514 84,910 TOTAL LIABILITIES 2,796,979 2,876,048 1,855,818 1,902,233 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Notes 31, 2020 31, 2019 31, 2020 31, 2019 Share capital Registered 9,587,146,838 ordinary shares of Baht 0.125 each 1,198,393 1,198,393 1,198,393 1,198,393 Issued and paid-up 9,587,146,838 ordinary shares of Baht 0.125 each 1,198,393 1,198,393 1,198,393 1,198,393 Share premium - - - - Other deficit (2,956) (2,956) - - Retained earnings (deficit) Appropriated - statutory reserve The Company - - - - Subsidiary 4,108 4,108 - - Unappropriated (335,404) (347,048) (556,034) (551,368) Other components of shareholders' equity 13,845 15,616 - - Equity attributable to owners of the Company 877,986 868,113 642,359 647,025 Non-controlling interests of the subsidiaries (30,096) (28,526) - - Total shareholders' equity 847,890 839,587 642,359 647,025 TOTAL LIABILITIES AND ITS SUBSIDIARIES SHAREHOLDERS' EQUITY 3,644,869 3,715,635 2,498,177 2,549,258 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements Notes 2020 2019 2020 2019 REVENUES 5 Construction services income 951,326 789,535 474,714 312,280 Other service income 4,237 2,866 - - Interest income 227 14 227 13 Other income 7,576 9,316 9,053 7,116 Total revenues 963,366 801,731 483,994 319,409 EXPENSES Cost of construction services 5 854,983 755,047 406,836 303,706 Cost of other services 2,643 2,143 - - Administrative expenses 80,862 82,080 74,310 72,938 Total expenses 938,488 839,270 481,146 376,644 Profit (loss) before share of profit (loss) from investments in associates and joint ventures, finance cost and income tax expenses 24,878 (37,539) 2,848 (57,235) Share of profit (loss) from investments in associates 11.2 (1,596) - - - Share of profit (loss) from investments in joint ventures 12.2 (259) 1,080 - - Profit (loss) before finance cost and income tax expenses 23,023 (36,459) 2,848 (57,235) Finance cost 5 5,710 8,750 7,549 10,289 Profit (loss) before income tax expenses 17,313 (45,209) (4,701) (67,524) Income tax income (expenses) 21 (6,119) (3,038) 35 1,047 PROFIT (LOSS) FOR THE STATEMENTS PERIOD 11,194 (48,247) (4,666) (66,477) Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements Notes 2020 2019 2020 2019 Other comprehensive income: Other comprehensive income to be reclassified to profit or loss in subsequent periods: Exchange differences on translation of financial statements in foreign currency - net of income tax (2,891) 353 - - Other comprehensive income to be reclassified to profit or loss in subsequent periods - net of income tax (2,891) 353 - - Other comprehensive income for the period (2,891) 353 - - Total comprehensive income for the period 8,303 (47,894) (4,666) (66,477) Profit (loss) attributable to: Equity holders of the Company 11,644 (47,816) (4,666) (66,477) Non-controlling interests of the subsidiaries (450) (431) - - 11,194 (48,247) (4,666) (66,477) Total comprehensive income attributable to: Equity holders of the Company 9,873 (48,161) (4,666) (66,477) Non-controlling interests of the subsidiaries (1,570) 267 - - 8,303 (47,894) (4,666) (66,477) Earnings per share Basic earnings (loss) per share Profit (loss) attributable to equity holders of the Company 22 0.0012 (0.0078) (0.0005) (0.0108) Notes to interim financial statements form an integral part of these statements. Issued and Share premium STATEMENT OF FINANCIAL POSITION CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2020 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 Total other attributable to interests of equity share capital revaluation other deficit The Company Subsidiary components of shareholders of the subsidiaries of investment in subsidiaries Exchange differences on translation of financial statements in foreign currency Share of other comprehensive income from associate shareholders' equity the Company Balance as at January 1, 2019 770,396 1,041,740 (2,956) (2,956) 73,371 4,108 (1,168,875) 13,626 900 14,526 732,310 (29,295) 703,015 Loss for the period - - - - - - (47,816) - - - (47,816) (431) (48,247) Other comprehensive income for the period - - - - - - - (345) - (345) (345) 698 353 Total comprehensive income for the period - - - - - - (47,816) (345) - (345) (48,161) 267 (47,894) Balance as at March 31, 2019 770,396 1,041,740 (2,956) (2,956) 73,371 4,108 (1,216,691) 13,281 900 14,181 684,149 (29,028) 655,121 Balance as at January 1, 2020 1,198,393 - (2,956) (2,956) - 4,108 (347,048) 14,716 900 15,616 868,113 (28,526) 839,587 Profit for the period - - - - - - 11,644 - - - 11,644 (450) 11,194 Other comprehensive income for the period - - - - - - - (1,771) - (1,771) (1,771) (1,120) (2,891) Total comprehensive income for the period - - - - - - 11,644 (1,771) - (1,771) 9,873 (1,570) 8,303 Balance as at March 31, 2020 1,198,393 - (2,956) (2,956) - 4,108 (335,404) 12,945 900 13,845 877,986 (30,096) 847,890 Notes to interim financial statements form an integral part of these statements. STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (CONT.) AS AT FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 20212020 In Thousand Baht Separate financial statements Issued and Share premium Retained earnings (deficit) Total paid-up share capital Appropriated - Unappropriated Statutory reserve shareholders' equity Balance as at January 1, 2019 770,396 1,041,740 73,371 (1,386,222) 499,285 Loss for the period Other comprehensive income for the period - - - (66,477) - - - - (66,477) - Total comprehensive income for the period - - - (66,477) (66,477) Balance as at March 31, 2019 770,396 1,041,740 73,371 (1,452,699) 432,808 Balance as at January 1, 2020 1,198,393 - - (551,368) 647,025 Loss for the period Other comprehensive income for the period - - - (4,666) - - - - (4,666) - Total comprehensive income for the period - - - (4,666) (4,666) Balance as at March 31, 2020 1,198,393 - - (556,034) 642,359 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Cash flows from operating activities Profit (loss) before tax 17,313 (45,209) (4,701) (67,524) Adjustments to reconcile profit (loss) before tax to net cash provided by (paid from) operating activities Depreciation and amortisation 29,460 29,176 25,865 26,096 Allowance for doubtful debt - - 3,688 17,060 Unrealised (gain) loss on exchange rate (356) 940 (355) 939 (Gain) loss on disposal of equipment (237) (1,901) - (900) Loss on write-off of equipment 10 41 8 41 Share of loss from investments in associate 1,596 - - - Share of (profit) loss from investments in joint venture 259 (1,080) - - Provision for liabilities under construction projects 1,000 7,898 - 7,898 Provision for long-term employee benefits 3,687 3,139 3,035 2,591 Amortised transaction cost of debenture - 250 - 250 Interest income (227) (14) (227) (13) Interest expenses 5,710 8,745 7,549 10,289 Profit (loss) from operating activities before changes in operating assets and liabilities 58,215 1,985 34,862 (3,273) (Increase) decrease in operating assets Trade and other receivables 546,139 117,336 384,902 68,829 Unbilled receivables (301,478) (85,567) (332,971) 38,376 Accounts receivable - retention under construction contracts (36,499) 8,004 (4,621) 2,027 Advance paid to subcontractors under construction contracts 54,489 6,437 24,588 50,680 Construction in progress (129,989) 14,676 25,788 (16,445) Inventories (2) (27) - - Other current assets (1,627) 5,816 4,074 12,054 Other non-current assets (688) (73) 1 78 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Increase (decrease) in operating liabilities Trade and other payables (88,972) (82,020) (33,517) (105,633) Unbilled payables 85,554 65,336 105,112 (31,088) Unearned construction revenue - (6,000) - - Accounts payable - retention under construction contracts 11,620 19,904 (6,747) (1,633) Advances received from customers under construction contracts (45,707) 246,037 (13,123) (11,485) Other current liabilities (23,102) 13,668 (24,651) (4,256) Cash flows from provide by (used in) operating activities 127,953 325,512 163,697 (1,769) Xxxx paid for provision for liabilities under construction projects (32,909) (6,409) (880) (5,796) Xxxx paid for provision for long-term employee benefits (3,695) (768) (3,367) (768) Cash paid for income tax (23,145) (19,833) (15,358) (12,989) Received from withholding tax refund 20,999 - 20,999 - Net cash flows provided by (used in) operating activities 89,203 298,502 165,091 (21,322) Cash flows from investing activities Decrease (increase) in short-term loans to related parties - - (3,688) - Xxxx paid for investing in associate (74,625) - (74,625) - Interest income 227 14 227 13 Xxxx received from disposal of equipment 336 2,234 - 1,159 Cash paid for purchase of property, plant and equipment (4,331) (36,300) (3,853) (35,497) Net cash flows provided by (used in) investing activities (78,393) (34,052) (81,939) (34,325) Cash flows from financing activities Increase in short-term loans from banks 23,787 136,124 72,787 17,928 Cash receive from short-term loans from related parties - - 208,000 360,000 Cash paid for short-term loans from related parties - - (331,000) (133,600) Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Repayment of debentures (30,000) (150,000) (30,000) (150,000) Interest expenses (5,777) (9,801) (8,175) (7,456) Decrease in lease liabilities (3,189) (1,033) (1,361) - Net cash flows provided by (used in) financing activities (15,179) (24,710) (89,749) 86,872 Increase (decrease) in translation adjustment (2,891) 353 - - Net increase (decrease) in cash and cash equivalents (7,260) 240,093 (6,597) 31,225 Cash and cash equivalents at the beginning of the period 182,190 82,256 94,272 7,181 Cash and cash equivalents at the end of the period 174,930 322,349 87,675 38,406 Supplemental cash flows information Non-cash items consist of Increase (decrease) in purchase of fixed assets and intangible assets that have yet to be paid (2,533) 6,514 (2,123) 6,514 Accrued payables the investment in subsidiaries - - 125 - Lease liabilities 25,814 - 12,275 - Notes to interim financial statements form an integral part of these statements. NOTES TO INTERIM FINANCIAL STATEMENTS MARCH 31, 2020

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 the accounting standards No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 1413, 2021 2024 (Miss Xxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 ASSETS In Thousand Baht Consolidated Separate Financial Statements Separate Financial Statements As at March As at December As at March As at December Note Notes 31, 2021 2024 31, 2020 2023 31, 2021 2024 31, 2020 2023 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 6 98,082 144,927 27,972 68,431 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 7 159,785 200,846 1,203,455 1,181,174 Unbilled revenue from construction service 8 - 3,766 - - Real estate projects under development 9 6,436,782 6,451,652 4,056,198 4,072,556 Deposits for land 10 - - - - Short-term loans to related parties 5 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 1,034,476 1,066,260 Current tax assets 7,001 38,439 1,897 12,070 Other current financial assets 964 964 720 720 87 87 87 87 Other current assets 2,006 2,750 1,506 2,836 2,977 2,977 - - Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 6,704,714 6,842,694 6,324,085 6,400,578 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment Deposits at banks used as collateral 15.8 490,379 919,650 478,226 919,650 Investments in subsidiaries 11 - - 86,864 86,864 2,913,995 2,913,995 Land held for development 1,648,349 1,650,579 923,926 926,196 Investment property 12 224,060 221,229 224,060 221,229 properties 554,904 554,904 516,104 516,104 Property, plant and equipment 13 104,548 100,180 76,374 77,276 12 492,959 496,215 491,208 494,427 Right-of-use assets 13 279,028 282,719 7,532 8,238 Leasehold rights 14 20,566 21,723 10,041 10,817 2,745,838 2,695,846 - - Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 3,411 3,708 2,986 3,268 Deferred tax assets 16 16,175 18,931 14,384 17,140 79,365 83,183 26,584 27,369 Retention receivables from construction 65,663 76,254 - - Other non-current assets 4,785 9,297 4,664 9,186 122,078 83,630 49,570 37,492 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 6,481,974 6,846,688 5,410,131 5,846,739 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 13,186,688 13,689,382 11,734,216 12,247,317 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021In Thousand Baht Consolidated Separate

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 No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 14November 12, 2021 2018 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 4752 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements CURRENT ASSETS Note As at September As at December As at September As at December 30, 2018 31, 2021 2017 30, 2018 31, 2017 Cash and cash equivalents 18,445 21,952 16,550 19,753 Short-term investments 704 702 704 702 Trade accounts receivable 88 64 - - Short-term loan to related parties 4 - - - 55,000 Inventories 5 386,984 486,362 386,984 486,362 Property development costs 6 1,810,214 2,089,624 1,810,214 2,089,624 Land held for development 7 1,911,279 1,793,635 1,837,871 1,720,227 Other current assets 4 10,524 9,069 10,584 15,227 Total current assets 4,138,238 4,401,408 4,062,907 4,386,895 NON-CURRENT ASSETS Deposit pledged as collateral 8 9,217 9,157 9,217 9,157 Investment in subsidiaries 9 - - 71,864 11,864 Investment property 10 196,518 204,100 196,518 204,100 Property, plant and equipment 11 110,019 117,765 110,011 117,733 Intangible assets 12 5,033 5,752 5,033 5,752 Witholding tax 11,167 17,989 10,989 17,754 Deferred tax asstes 21 5,293 4,936 3,571 3,214 Other non-current assets 3,684 4,114 3,684 4,114 Total non-current assets 340,931 363,813 410,887 373,688 TOTAL ASSETS 4,479,169 4,765,221 4,473,794 4,760,583 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March September As at December As at March September As at December Note 30, 2018 31, 2021 2017 30, 2018 31, 2020 31, 2021 31, 2020 2017 CURRENT ASSETS Cash LIABILITIES Bank overdrafts and cash equivalents 358,765 64,808 350,623 57,072 short-term loans from the financial institutions 13 488,951 404,185 488,951 404,185 Trade notes payable 25,862 48,970 25,862 48,970 Trade accounts payable and other current receivables 5,6 15,619 8,881 14,192 7,336 payable 66,761 85,714 66,525 85,714 Payable to related parties 4 42,633 42,641 44,331 44,285 Accrued expenses 4 26,151 38,228 26,050 37,112 Corporate income tax payable 384 - 384 - Current portion of liabilities under the finance lease agreement Current portion of long-term loan from 14 210 821 210 821 the financial institutions 15 215,036 146,111 215,036 146,111 Short-term loan from other company 16 105,228 162,125 105,228 162,125 Short-term loan from related parties 4 273,000 276,000 273,000 276,000 Short-term loan from the director 4 3,000 16,900 - 16,900 Advance received from customers 4,303 5,856 4,303 5,856 Retention from contractors 76,930 81,796 76,671 81,537 Other current liabilities 7 101,619 521 101,514 443 Total current liabilities 1,430,068 1,309,868 1,428,065 1,310,059 NON-CURRENT LIABILITIES Liabilities under the finance lease agreement 14 - 14 - 14 Long-term loans from the financial institutions 15 430,300 879,590 430,300 879,590 Employee benefit obligations 17 41,189 38,009 39,958 36,904 Provision for compensation for housing estate juristic persons 18 19,085 16,255 19,085 16,255 Liabilities from purchasing the real estate project 19 32,147 32,147 28,604 28,604 Total non-current liabilities 522,721 966,015 517,947 961,367 TOTAL LIABILITIES 1,952,789 2,275,883 1,946,012 2,271,426 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at September As at December As at September As at December 30, 2018 31, 2017 30, 2018 31, 2017 SHAREHOLDER’S EQUITY Share capital Authorized share capital 1,245,284,305 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Issued and paid-up share capital 1,245,283,691 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Premium on share capital 577,530 577,530 577,530 577,530 Retained earnings Appropriated - legal reserve 69,150 69,150 69,150 69,150 Unappropriated 634,416 597,374 635,818 597,193 Other components of equity - - - - Total equity attributable to company's shareholders 2,526,380 2,489,338 2,527,782 2,489,157 Non-controlling interests - - - - TOTAL SHAREHOLDER’S EQUITY 2,526,380 2,489,338 2,527,782 2,489,157 TOTAL LIABILITIES AND SHAREHOLDER’S EQUITY 4,479,169 4,765,221 4,473,794 4,760,583 Notes to interim financial statements form an integral part of these statements. Sales 304,661 369,953 304,661 369,953 Rental income and service 5,714 5,386 4,365 4,193 Other income 4 3,184 2,528 3,127 3,342 Total Revenues 313,559 377,867 312,153 377,488 EXPENSES Cost of sales 4 194,337 235,405 194,337 235,405 Cost for rent and service 5,289 5,318 4,411 4,458 Selling expenses 41,185 49,111 41,185 49,111 Administrative expenses 4 35,769 41,044 35,545 40,526 Management benefit expenses 4 8,330 7,986 8,330 7,986 Finance costs 4 15,187 31,041 14,702 31,032 Total Expenses 300,097 369,905 298,510 368,518 Income (loss) before tax expenses 13,462 7,962 13,643 8,970 Tax expenses (income) 2,779 (3,226) 2,779 (3,226) Profit (loss) for the period 10,683 11,188 10,864 12,196 Other comprehensive income Items that may be reclassified subsequently to profit or loss - - - - Total comprehensive income for the period 10,683 11,188 10,864 12,196 Profit (loss) attributable to Shareholders' equity of the parent company 10,683 11,188 10,864 12,196 Non-controlling interests - - - - 10,683 11,188 10,864 12,196 Total comprehensive income attributable to Shareholders' equity of the parent company 10,683 11,188 10,864 12,196 Non-controlling interests - - - - 10,683 11,188 10,864 12,196 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 20 Profit (loss) for the period (Baht per share) 0.009 0.009 0.009 0.010 Notes to interim financial statements form an integral part of these statements. Sales 1,098,231 1,074,401 1,098,231 1,074,401 Rental income and service 16,674 15,530 12,736 12,468 Other income 4 7,188 7,383 8,628 9,699 Total Revenues 1,122,093 1,097,314 1,119,595 1,096,568 EXPENSES Cost of sales 4 711,088 709,341 711,088 709,341 Cost for rent and service 15,817 16,204 12,974 12,962 Selling expenses 150,134 137,309 150,134 137,309 Administrative expenses 4 113,985 128,595 113,331 127,870 Management benefit expenses 4 25,391 23,885 25,391 23,885 Finance costs 4 57,091 62,862 56,507 62,835 Total Expenses 1,073,506 1,078,196 1,069,425 1,074,202 Income (loss) before tax expenses 48,587 19,118 50,170 22,366 Tax expenses (income) 21.2 11,545 1,347 11,545 1,347 Profit (loss) for the period 37,042 17,771 38,625 21,019 Other comprehensive income Items that may be reclassified subsequently to profit or loss - - - - Total comprehensive income for the period 37,042 17,771 38,625 21,019 Profit (loss) attributable to Shareholders' equity of the parent company 37,042 17,771 38,625 21,019 Non-controlling interests - - - - 37,042 17,771 38,625 21,019 Total comprehensive income attributable to Shareholders' equity of the parent company 37,042 17,771 38,625 21,019 Non-controlling interests - - - - 37,042 17,771 38,625 21,019 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 20 Profit (loss) for the period (Baht per share) 0.030 0.014 0.031 0.017 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Shareholders' equity of the parent company Non-controlling Total Share capital Premium on Retained earnings Other Total interests Note issued and share capital Appropriated Unappropriated components paid-up legal reserve of equity Beginning balance as at January 1, 2018 1,245,284 577,530 69,150 597,374 - 2,489,338 - 2,489,338 Comprehensive income Profit for the period - - Other comprehensive income for the period - - - - 37,042 - - - 37,042 - - - 37,042 - Total comprehensive income for the period - - - 37,042 - 37,042 - 37,042 Ending balance as at September 30, 2018 1,245,284 577,530 69,150 634,416 - 2,526,380 - 2,526,380 Beginning balance as at January 1, 2017 1,245,284 577,530 68,050 574,461 - 2,465,325 - 2,465,325 Comprehensive income Profit for the period - - Other comprehensive income for the period - - Total comprehensive income for the period - - - - - 17,771 - 17,771 - - - 17,771 - 17,771 - - - 17,771 - 17,771 Ending balance as at September 30, 2017 1,245,284 577,530 68,050 592,232 - 2,483,096 - 2,483,096 Notes to interim financial statements form an integral part of these statements. Share capital Premium on In ThousandBaht Separate Financial Statements Retained earnings Other Total issued and share capital Appropriated Unappropriated components 577,530 69,150 597,193 - 2,489,157 - - 38,625 - 38,625 Note paid-up legal reserve of equity Beginning balance as at January 1, 2018 1,245,284 Comprehensive income Profit for the period - Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 38,625 38,625 Ending balance as at September 30, 2018 1,245,284 577,530 69,150 635,818 2,527,782 577,530 68,050 570,037 - 2,460,901 - - 21,019 - 21,019 Beginning balance as at January 1, 2017 1,245,284 Comprehensive income Profit for the period - Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 21,019 21,019 Ending balance as at September 30, 2017 1,245,284 577,530 68,050 591,056 2,481,920 Notes to interim financial statements form an integral part of these statements. Consolidated Financial Statements Separate Financial Statements 2018 2017 2018 2017 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period 37,042 17,771 38,625 21,019 Add (less) Adjustments to reconcile profit (loss) for the period to net cash provided by (used in) operating activities : Depreciation and amortization 18,016 19,841 17,992 19,074 Unrealized gain from trading securities (Gain) loss from sale and amortization of fixed assets (2) (3) (2) (3) Allowance for loss on impairment of fixed assets (reverse) 2,338 5,875 2,413 5,875 Provision for compensation for housing estate (1,889) - (1,889) - juristic persons 2,830 1,265 2,830 1,265 Employee benefit expenses 2,523 3,004 2,418 2,880 Interest income (1,558) (2,473) (1,554) (2,469) Interest expenses 57,091 62,862 56,507 62,835 Tax expenses (income) 11,545 1,347 11,545 1,347 Income from operating activities before changes in operating assets and liabilities 127,936 109,489 128,885 111,823 Decrease (increase) in operating assets Trade accounts receivable (24) (107) - - Inventories 99,378 127,113 99,378 127,113 Property development costs 272,927 146,611 272,927 146,611 Land held for development (78,774) - (78,774) - Deposit from purchase land - - - - Other current assets (7,514) 5,264 (1,416) 2,817 Other non-current assets 430 (17) 430 (17) Notes to interim financial statements form an integral part of these statements. 2018 2017 2018 2017 Increase (decrease) in operating liabilities Trade notes payable (23,108) 9,120 (23,108) 9,120 Trade accounts payable and other payable (18,953) (25,307) (19,189) (25,306) Payable to related parties (8) (13,654) 46 (15,359) Accrued expenses (6,377) 3,240 (6,375) 3,317 Advance received from customers (1,553) (13,132) (1,553) (13,132) Retention from contractors (4,866) 95 (4,866) 221 Other current liabilities 101,098 (10) 101,071 8 Cash receivable (paid) from the operations 460,592 348,705 467,456 347,216 Xxxx received from interest income 7,618 82 7,614 78 Witholding taxes refunded from Revenue Department 6,890 169 6,765 - Income tax expenses paid (11,586) (11,272) (11,519) (11,186) Xxxx paid for provision for compensation for housing estate juristic persons - (342) - (342) Net cash provided by (used in) operating activities 463,514 337,342 470,316 335,766 ASH FLOWS FROM INVESTING ACTIVITIES Cash received from short-term loan to related parties - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held 55,000 2,000 Increase in short-term investments (60) (55) (60) (55) Proceeds from sales of fixed assets 155 - 80 - Cash paid for development 9 513,127 451,636 512,771 451,279 Deposits purchase of fixed assets (2,492) (4,910) (2,492) (4,910) Cash paid for land 74,453 8,441 74,453 8,441 Other current financial purchase of intangible assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment (81) (1,715) (81) (1,715) Cash paid for increase of capital in subsidiaries 11 subsidiary - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 Deferred tax assets 16 16,175 18,931 14,384 17,140 Other non-current assets 4,785 9,297 4,664 9,186 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 (60,000) - Net cash provided by (used in) investing activities (2,478) (6,680) (7,553) (4,680) Consolidated Financial Statements Separate Financial Statements C Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 11 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION CASH FLOWS (CONT.) AS AT MARCH 31FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 20212018 CASH FLOWS FROM FINANCING ACTIVITIES In Thousand Baht Consolidated Financial Statements Separate Financial Statements 2018 2017 2018 2017 Increase (decrease) in bank overdrafts and short-term loans from the financial institutions 84,766 (773,285) 84,766 (773,285) Cash paid for liabilities under finance lease agreement (626) (625) (626) (625) Cash received from short-term loan the other company 50,000 170,000 50,000 170,000 Cash paid for short-term loan from other company (106,897) (34,876) (106,897) (34,876) Xxxx received from short-term loan a related party 51,100 306,000 51,100 306,000 Cash paid for short-term loan a related party (54,100) (30,000) (54,100) (30,000) Xxxx received from short-term loan from the director 55,600 165,000 1,500 165,000 Xxxx paid for short-term loan from the directors (69,500) (246,000) (18,400) (246,000) Xxxx received from long-term loans 362,564 861,523 362,564 861,523 Cash paid for long-term loans (742,929) (642,727) (742,929) (642,727) Interest paid (94,521) (81,134) (92,944) (81,134) Net cash provided by (used in) financing activities (464,543) (306,124) (465,966) (306,124) Net increase (decrease) in cash and cash equivalents (3,507) 24,538 (3,203) 24,962 Cash and cash equivalents, beginning of period 21,952 13,240 19,753 10,782 Cash and cash equivalents, end of period 18,445 37,778 16,550 35,744 Supplemental disclosures of cash flows information 1) Cash and cash equivalents consisted of : Cash on hand 827 437 827 437 Xxxx at bank 17,618 37,341 15,723 35,307 Total 18,445 37,778 16,550 35,744 2) In the third quarter of 2018, the Company had transferred the land development cost amounted Baht 40.57 million as a part of land held for development and in the periods 2017, the Company had transferred land held for development as part of property development costs in value of Baht 385.12 million. Notes to interim financial statements form an integral part of these statements. N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES NOTES TO INTERIM FINANCIAL STATEMENTS SEPTEMBER 30, 2018

Appears in 1 contract

Samples: Finance Lease 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”. Dharmniti Auditing Company Limited Bangkok, Thailand May 14November 12, 2021 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 ASSETS 4752 ASSETS‌ In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March September As at December As at March September As at December Note 31Notes 30, 2021 31, 2020 3130, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 5 185,916 89,785 39,252 2,248 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 4, 6 347,806 283,298 290,817 138,010 Unbilled receivables 7, 22 1,788,810 1,117,635 562,143 314,182 Accounts receivable - retention under construction contracts 4, 7 327,521 271,170 118,865 125,197 Advances paid to subcontractors under construction contracts 4 391,294 498,303 43,054 175,760 Construction in progress 22 167,369 329,386 75,917 182,858 Inventories 8 19,294 1,676 1,608 1,608 Short-term loans to related parties 4 18,250 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 850 50 Withholding tax deducted at source 59,264 173,259 33,349 123,410 Other current assets 2,006 2,750 1,506 2,836 43,484 44,558 16,130 14,326 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,349,008 2,809,070 1,181,985 1,077,649 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment at banks 9 3,071 32,198 222 29,350 Long-term loans to related parties 4 - - - - Investments in subsidiaries 10 - - 476,248 476,198 Investments in associates 11 - - 86,864 86,864 Investment property - - Investments in joint ventures 12 224,060 221,229 224,060 221,229 129,453 123,584 109,375 102,376 Property, plant and equipment 13 104,548 100,180 76,374 77,276 614,336 618,357 587,221 578,351 Right-of-use assets 14 20,566 21,723 10,041 10,817 20,861 29,622 14,935 14,485 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 11,669 13,273 11,488 13,067 Deferred tax assets 16 16,175 18,931 14,384 17,140 35,468 49,703 19,543 15,144 Other non-current assets 4,785 9,297 4,664 9,186 4,738 3,430 1,585 1,681 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 819,596 870,167 1,220,617 1,230,652 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,168,604 3,679,237 2,402,602 2,308,301 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH 31SEPTEMBER 30, 20212021 CURRENT LIABILITIES Bank overdrafts and short-term loans

Appears in 1 contract

Samples: TRC Construction

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 14August 10, 2021 2018 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 4752 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements CURRENT ASSETS Note As at June As at December As at June As at December 30, 2018 31, 2021 2017 30, 2018 31, 2017 Cash and cash equivalents 24,299 21,952 23,164 19,753 Short-term investments 703 702 703 702 Trade accounts receivable 43 64 - - Short-term loan to related parties 4 - - - 55,000 Inventories 5 381,364 486,362 381,364 486,362 Property development costs 6 1,894,681 2,089,624 1,894,681 2,089,624 Land held for development 7 1,910,585 1,793,635 1,837,177 1,720,227 Other current assets 4 9,132 9,069 16,486 15,227 Total current assets 4,220,807 4,401,408 4,153,575 4,386,895 NON-CURRENT ASSETS Deposit pledged as collateral 8 9,185 9,157 9,185 9,157 Investment in subsidiaries 9 - - 11,864 11,864 Investment property 10 199,073 204,100 199,073 204,100 Property, plant and equipment 11 111,548 117,765 111,538 117,733 Intangible assets 12 5,242 5,752 5,242 5,752 Witholding tax 10,822 17,989 10,671 17,754 Deferred tax asstes 21 4,525 4,936 2,803 3,214 Other non-current assets 4,050 4,114 4,050 4,114 Total non-current assets 344,445 363,813 354,426 373,688 TOTAL ASSETS 4,565,252 4,765,221 4,508,001 4,760,583 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March June As at December As at March June As at December Note 30, 2018 31, 2021 2017 30, 2018 31, 2020 31, 2021 31, 2020 2017 CURRENT ASSETS Cash LIABILITIES Bank overdrafts and cash equivalents 358,765 64,808 350,623 57,072 short-term loans from the financial institutions 13 463,366 404,185 463,366 404,185 Trade notes payable 37,886 48,970 37,866 48,970 Trade accounts payable and other current receivables 5,6 15,619 8,881 14,192 7,336 payable 84,212 85,714 84,212 85,714 Payable to related parties 4 34,458 42,641 36,396 44,285 Accrued expenses 4 46,028 38,228 44,838 37,112 Current portion of liabilities under the finance lease agreement Current portion of long-term loan from 14 418 821 418 821 the financial institutions 15 271,500 146,111 271,500 146,111 Short-term loan from other company 16 128,140 162,125 128,140 162,125 Short-term loan from related parties 4 221,900 276,000 221,900 276,000 Short-term loan from the director 4 70,000 16,900 15,900 16,900 Advance received from customers 4,409 5,856 4,409 5,856 Retention from contractors 84,682 81,796 84,423 81,537 Other current liabilities 2,208 521 2,099 443 Total current liabilities 1,449,207 1,309,868 1,395,467 1,310,059 NON-CURRENT LIABILITIES Liabilities under the finance lease agreement 14 - 14 - 14 Long-term loans from the financial institutions 15 510,718 879,590 510,718 879,590 Employee benefit obligations 17 40,129 38,009 38,940 36,904 Provision for compensation for housing estate juristic persons Liabilities from purchasing the real 18 17,354 16,255 17,354 16,255 estate project 19 32,147 32,147 28,604 28,604 Total non-current liabilities 600,348 966,015 595,616 961,367 TOTAL LIABILITIES 2,049,555 2,275,883 1,991,083 2,271,426 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at June As at December As at June As at December 30, 2018 31, 2017 30, 2018 31, 2017 SHAREHOLDER’S EQUITY Share capital Authorized share capital 1,245,284,305 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Issued and paid-up share capital 1,245,283,691 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Premium on share capital 577,530 577,530 577,530 577,530 Retained earnings Appropriated - legal reserve 69,150 69,150 69,150 69,150 Unappropriated 623,733 597,374 624,954 597,193 Other components of equity - - - - Total equity attributable to company's shareholders 2,515,697 2,489,338 2,516,918 2,489,157 Non-controlling interests - - - - TOTAL SHAREHOLDER’S EQUITY 2,515,697 2,489,338 2,516,918 2,489,157 TOTAL LIABILITIES AND SHAREHOLDER’S EQUITY 4,565,252 4,765,221 4,508,001 4,760,583 Notes to interim financial statements form an integral part of these statements. Sales 397,626 349,940 397,626 349,940 Rental income and service 5,569 5,447 4,219 4,469 Other income 4 2,562 3,001 3,271 3,680 Total Revenues 405,757 358,388 405,116 358,089 EXPENSES Cost of sales 4 255,437 239,104 255,437 239,104 Cost for rent and service 5,162 5,631 4,270 4,126 Selling expenses 50,144 44,180 50,144 44,180 Administrative expenses 4 38,721 42,205 38,736 42,456 Management benefit expenses 4 8,496 7,916 8,496 7,916 Finance costs 4 21,952 15,224 21,860 15,215 Total Expenses 379,912 354,260 378,943 352,997 Income (loss) before tax expenses 25,845 4,128 26,173 5,092 Tax expenses (income) 6,214 2,860 6,214 2,860 Profit (loss) for the period 19,631 1,268 19,959 2,232 Other comprehensive income Items that may be reclassified subsequently to profit or loss - - - - Total comprehensive income for the period 19,631 1,268 19,959 2,232 Profit (loss) attributable to Shareholders' equity of the parent company 19,631 1,268 19,959 2,232 Non-controlling interests - - - - 19,631 1,268 19,959 2,232 Total comprehensive income attributable to Shareholders' equity of the parent company 19,631 1,268 19,959 2,232 Non-controlling interests - - - - 19,631 1,268 19,959 2,232 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 20 Profit (loss) for the period (Baht per share) 0.016 0.001 0.016 0.001 Notes to interim financial statements form an integral part of these statements. Sales 793,570 704,448 793,570 704,448 Rental income and service 10,960 10,144 8,371 8,275 Other income 4 4,004 4,855 5,501 6,357 Total Revenues 808,534 719,447 807,442 719,080 EXPENSES Cost of sales 4 516,751 473,936 516,751 473,936 Cost for rent and service 10,528 10,886 8,563 8,504 Selling expenses 108,949 88,198 108,949 88,198 Administrative expenses 4 78,216 87,551 77,786 87,344 Management benefit expenses 4 17,061 15,899 17,061 15,899 Finance costs 4 41,904 31,821 41,805 31,803 Total Expenses 773,409 708,291 770,915 705,684 Income (loss) before tax expenses 35,125 11,156 36,527 13,396 Tax expenses (income) 8,766 4,573 8,766 4,573 Profit (loss) for the period 26,359 6,583 27,761 8,823 Other comprehensive income Items that may be reclassified subsequently to profit or loss - - - - Total comprehensive income for the period 26,359 6,583 27,761 8,823 Profit (loss) attributable to Shareholders' equity of the parent company 26,359 6,583 27,761 8,823 Non-controlling interests - - - - 26,359 6,583 27,761 8,823 Total comprehensive income attributable to Shareholders' equity of the parent company 26,359 6,583 27,761 8,823 Non-controlling interests - - - - 26,359 6,583 27,761 8,823 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 20 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Shareholders' equity of the parent company Non-controlling Total Share capital Premium on Retained earnings Other Total interests Note issued and share capital Appropriated Unappropriated components paid-up legal reserve of equity Beginning balance as at January 1, 2018 1,245,284 577,530 69,150 597,374 - 2,489,338 - 2,489,338 Comprehensive income Profit for the period - - - 26,359 - 26,359 - 26,359 Other comprehensive income for the period - - - - - - - - Total comprehensive income for the period - - - 26,359 - 26,359 - 26,359 Ending balance as at June 30, 2018 1,245,284 577,530 69,150 623,733 - 2,515,697 - 2,515,697 Beginning balance as at January 1, 2017 Comprehensive income 1,245,284 577,530 68,050 574,461 - 2,465,325 - 2,465,325 Profit for the period - - - 6,583 - 6,583 - 6,583 Other comprehensive income for the period - - - - - - - - Total comprehensive income for the period - - - 6,583 - 6,583 - 6,583 Ending balance as at June 30, 2017 1,245,284 577,530 68,050 581,044 - 2,471,908 - 2,471,908 Notes to interim financial statements form an integral part of these statements. Share capital Premium on In ThousandBaht Separate Financial Statements Retained earnings Other Total issued and share capital Appropriated Unappropriated components 577,530 69,150 597,193 - 2,489,157 - - 27,761 - 27,761 Note paid-up legal reserve of equity Beginning balance as at January 1, 2018 1,245,284 Comprehensive income Profit for the period - Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 27,761 27,761 Ending balance as at June 30, 2018 1,245,284 577,530 69,150 624,954 2,516,918 577,530 68,050 570,037 - 2,460,901 - - 8,823 - 8,823 Beginning balance as at January 1, 2017 1,245,284 Comprehensive income Profit for the period - Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 8,823 8,823 Ending balance as at June 30, 2017 1,245,284 577,530 68,050 578,860 2,469,724 Notes to interim financial statements form an integral part of these statements. Consolidated Financial Statements Separate Financial Statements 2018 2017 2018 2017 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period 26,359 6,583 27,761 8,823 Add (less) Adjustments to reconcile profit (loss) for the period to net cash provided by (used in) operating activities : Depreciation and amortization 11,992 13,494 11,971 12,979 Unrealized gain from trading securities (2) (2) (2) (2) (Gain) loss from sale and amortization of fixed assets 2,455 5,875 2,455 5,875 Allowance for loss on impairment of fixed assets (reverse) (800) - (800) - Provision for compensation for housing estate juristic persons 1,099 880 1,099 880 Employee benefit expenses 1,682 2,002 1,612 1,920 Interest income (1,517) (1,650) (1,515) (1,648) Interest expenses 41,904 31,821 41,805 31,803 Tax expenses (income) 8,766 4,573 8,766 4,573 Income from operating activities before changes in operating assets and liabilities 91,938 63,576 93,152 65,203 Decrease (increase) in operating assets Trade accounts receivable 21 (152) - - Inventories 104,998 107,912 104,998 107,912 Property development costs 174,301 148,072 174,301 148,072 Land held for development (75,551) (87,438) (75,551) (87,438) Deposit from purchase land - - - - Other current assets 1,191 2,742 (5) 1,140 Other non-current assets 63 (40) 63 (40) Notes to interim financial statements form an integral part of these statements. 2018 2017 2018 2017 Increase (decrease) in operating liabilities Trade notes payable (11,084) (8,387) (11,104) (8,387) Trade accounts payable and other payable (1,502) (22,403) (1,502) (22,403) Payable to related parties (8,183) 4,777 (7,889) 3,073 Accrued expenses 1,152 4,222 1,163 4,213 Advance received from customers (1,447) (12,512) (1,447) (12,512) Retention from contractors 2,886 (305) 2,886 (179) Other current liabilities 1,687 (24) 1,657 (9) Cash receivable (paid) from the operations 280,470 200,040 280,722 198,645 Xxxx received from interest income 264 18 261 15 Witholding taxes refunded from Revenue Department 6,890 - 6,765 - Income tax expenses paid (8,077) (7,499) (8,037) (7,435) Xxxx paid for provision for compensation for housing estate juristic persons - (342) - (342) Net cash provided by (used in) operating activities 279,547 192,217 279,711 190,883 ASH FLOWS FROM INVESTING ACTIVITIES Cash received from short-term loan to related parties - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held 55,000 2,000 Increase in short-term investments (28) (37) (28) (37) Proceeds from sales of fixed assets 80 - 80 - Cash paid for development 9 513,127 451,636 512,771 451,279 Deposits purchase of fixed assets (1,953) (1,741) (1,953) (1,741) Cash paid for land 74,453 8,441 74,453 8,441 Other current financial purchase of intangible assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment in subsidiaries 11 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 Deferred tax assets 16 16,175 18,931 14,384 17,140 Other non-current assets 4,785 9,297 4,664 9,186 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 (21) (1,695) (21) (1,695) Net cash provided by (used in) investing activities (1,922) (3,473) 53,078 (1,473) Consolidated Financial Statements Separate Financial Statements C Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 11 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION CASH FLOWS (CONT.) AS AT MARCH 31FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 20212018 CASH FLOWS FROM FINANCING ACTIVITIES In Thousand Baht Consolidated Financial Statements Separate Financial Statements 2018 2017 2018 2017 Increase (decrease) in bank overdrafts and short-term loans from the financial institutions 59,181 (753,488) 59,181 (753,488) Cash paid for liabilities under finance lease agreement (418) (417) (418) (417) Cash received from short-term loan the other company 50,000 - 50,000 - Cash paid for short-term loan from other company (83,985) - (83,985) - Xxxx received from short-term loan a related party - 306,000 - 306,000 Cash paid for short-term loan a related party (54,100) - (54,100) - Xxxx received from short-term loan from the director 55,600 74,000 1,500 74,000 Cash paid for short-term loan from the directors (2,500) (155,000) (2,500) (155,000) Xxxx received from long-term loans 247,212 1,431,507 247,212 1,431,507 Cash paid for long-term loans (490,695) (1,019,439) (490,695) (1,019,439) Interest paid (55,573) (50,672) (55,573) (50,672) Net cash provided by (used in) financing activities (275,278) (167,509) (329,378) (167,509) Net increase (decrease) in cash and cash equivalents 2,347 21,235 3,411 21,901 Cash and cash equivalents, beginning of period 21,952 13,240 19,753 10,782 Cash and cash equivalents, end of period 24,299 34,475 23,164 32,683 Supplemental disclosures of cash flows information 1) Cash and cash equivalents consisted of : Cash on hand 837 447 837 447 Cash at bank 23,462 34,028 22,327 32,236 Total 24,299 34,475 23,164 32,683

Appears in 1 contract

Samples: Finance Lease 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”. Dharmniti Auditing Company Limited Bangkok, Thailand May 149, 2021 2022 (Miss Xxxxxxx XxxxxxxxxxxNitinee Kittikunapong) Certified Public Accountant Registration No. 7318 8843 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 2022 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements CURRENT ASSETS Note As at March As at December As at March As at December Note 31, 2022 31, 2021 31, 2020 2022 31, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 163,135 94,055 149,798 87,094 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 14,707 11,870 13,177 9,912 Short-term to related parties 5 - - 20,000 10,000 38,500 38,500 Inventories 7 126,204 124,530 120,549 123,561 134,728 113,324 122,653 105,580 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 2,279,493 2,028,606 2,309,347 2,050,374 Land held for development 9 513,127 451,636 512,771 451,279 686,568 853,307 686,568 853,307 Deposits for land 74,453 8,441 74,453 8,441 29,312 35,459 29,312 35,459 Other current financial assets 964 964 720 720 835 835 591 590 Other current assets 2,006 2,750 1,506 2,836 1,306 3,074 1,449 1,658 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,310,084 3,140,530 3,351,395 3,182,474 NON-CURRENT ASSETS Restricted deposits with Other non-current financial institutions assets 10 12,731 11,019 12,731 11,019 19,473 24,395 19,473 24,395 Investment in subsidiaries 11 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 214,156 216,603 214,156 216,603 Property, plant and equipment 13 104,548 100,180 76,374 77,276 99,929 74,933 51,356 43,071 Right-of-use assets 14 20,566 21,723 10,041 10,817 8,869 8,891 8,869 8,891 Intangible assets 15 4,153 4,170 3,938 3,989 3,469 3,668 3,146 3,344 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 9 958,555 846,597 885,974 774,016 Deferred tax assets 16 16,175 18,931 14,384 17,140 8,821 12,849 5,847 10,155 Other non-current assets 4,785 9,297 4,664 9,186 4,726 3,823 3,310 3,330 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 1,317,998 1,191,759 1,278,995 1,170,669 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,628,082 4,332,289 4,630,390 4,353,143 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 20212022

Appears in 1 contract

Samples: investor.ncgroup.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 14August 8, 2021 2019 (Miss Xxxxxxx XxxxxxxxxxxXxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 6838 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements financial statements financial statements Notes As at March June 30, 2019 As at December 31, 2018 As at March June 30, 2019 As at December Note 31, 2021 31, 2020 31, 2021 31, 2020 2018 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 5 339,653 892,369 174,318 719,866 Temporary Investment 6 20,809 - 20,809 - Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 Short-term to related parties - - 20,000 10,000 4, 7 853,093 418,473 916,486 552,139 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 Other current assets 2,006 2,750 1,506 2,836 1,327,868 1,114,413 1,291,241 1,032,508 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 2,541,423 2,425,255 2,402,854 2,304,513 NON-CURRENT ASSETS Restricted deposits with financial institutions Loan to related party 4 - - 434,047 289,215 Loan to employee 9 81,852 69,452 81,852 69,452 Investments in associates 10 12,731 11,019 12,731 11,019 Investment - - - - Investments in subsidiaries 11 - - 86,864 86,864 Investment property 12 224,060 221,229 224,060 221,229 268,448 275,464 Property, plant and equipment 12 1,336,316 1,357,272 792,224 817,232 Goodwill 11.1 21,004 21,553 - - Prepaid rental expense (Land leasehold) 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 142,126 145,431 - - Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 9,372 6,387 4,850 3,951 Deferred tax assets 16 16,175 18,931 14,384 17,140 14 7,267 7,889 7,267 7,889 Other non-current assets 4,785 9,297 4,664 9,186 564 578 8 8 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 1,598,501 1,608,562 1,588,696 1,463,211 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,139,924 4,033,817 3,991,550 3,767,724 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING M.C.S. STEEL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS STATEMENT OF FINANCIAL POSITION (CONT.) AS AT MARCH JUNE 30, 2019 LIABILITIES In Thousand Baht Consolidated Separate financial statements financial statements Notes As at June 30, 2019 As at December 31, 20212018 As at June 30, 2019 As at December 31, 2018 CURRENT LIABILITIES Short-term loan 15 36,201 160,846 - - Trade and other payables 4, 16 1,097,646 713,491 1,020,990 621,261 Current portion of financial lease agreements 968 1,038 270 - Income tax payable 35 150 - 97 Total current liabilities 1,134,850 875,525 1,021,260 621,358 NON-CURRENT LIABILITIES Financial lease agreements 1,059 177 1,059 - Deferred tax liabilities 14 44,777 46,308 - - Employee benefit obligations 17 23,071 18,860 23,071 18,860 Provision for warranty 18 76,982 122,679 76,073 121,745 Provision for other liabilities - 830 - 830 Total non-current liabilities 145,889 188,854 100,203 141,435 TOTAL LIABILITIES 1,280,739 1,064,379 1,121,463 762,793 Notes to interim financial statements form an integral part of these statements. M.C.S. STEEL PUBLIC COMPANY LIMITED AND SUBSIDIARIES STATEMENT OF FINANCIAL POSITION (CONT.) AS AT JUNE 30, 2019 SHAREHOLDERS' EQUITY In Thousand Baht Consolidated Separate financial statements financial statements Notes As at June 30, 2019 As at December 31, 2018 As at June 30, 2019 As at December 31, 2018 SHAREHOLDERS' EQUITY SHARE CAPITAL Authorised share capital 500 million ordinary shares of Baht 1 each 500,000 500,000 500,000 500,000 Issued and paid-up share capital 500 million ordinary shares of Baht 1 each, fully paid 500,000 500,000 500,000 500,000 PREMIUM ON ORDINARY SHARES 140,000 140,000 140,000 140,000 PREMIUM (DISCOUNT) ON TREASURY SHARES (153,610) (153,610) (153,610) (153,610) PROPORTION IN SUBSIDIARY (15,250) (15,250) - - RETAINED EARNINGS Appropriated Legal reserve 50,000 50,000 50,000 50,000 Treasury share reserve 295,812 295,812 295,812 295,812 Unappropriated 3,091,417 3,141,151 3,166,111 3,218,000 OTHER COMPONENTS OF SHAREHOLDERS' EQUITY (816,659) (748,510) (832,414) (749,459) Less Treasury shares (295,812) (295,812) (295,812) (295,812) NON-CONTROLLING INTERESTS 63,287 55,657 - - TOTAL SHAREHOLDERS' EQUITY 2,859,185 2,969,438 2,870,087 3,004,931 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 4,139,924 4,033,817 3,991,550 3,767,724 DIFFERENCE FROM CHANGE IN SHAREHOLDING Notes to interim financial statements form an integral part of these statements. M.C.S. STEEL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2019 In Thousand Baht Consolidated Separate financial statements financial statements Notes 2019 2018 2019 2018 REVENUES Revenue from sales and rendering of services 925,115 939,990 852,144 903,796 Other incomes 14,403 7,414 14,945 6,263 Gain on exchange rate 3,322 - 4,734 - Total revenues 942,840 947,404 871,823 910,059 EXPENSES Cost of sales of goods and rendering of services 4 679,939 635,041 626,548 617,291 Selling expenses 71,425 127,403 71,426 127,403 Administrative expenses 58,439 100,770 47,447 74,459 Net loss on exchange rate - 1,385 - 179 Management benefit expenses 10,060 7,648 6,177 5,630 Finance costs 2,242 2,821 1,669 1,174 Total expenses 822,105 875,068 753,267 826,136 Profit before income tax revenue (expense) 120,735 72,336 118,556 83,923 Income tax revenue (expense) (927) (3,959) (1,669) (5,852) PROFIT (LOSS) FOR THE PERIOD 119,808 68,377 116,887 78,071 Notes to interim financial statements form an integral part of these statements. STATEMENT OF COMPREHENSIVE INCOME (CONT.) FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2019 In Thousand Baht Consolidated Separate financial statements financial statements Notes 2019 2018 2019 2018 OTHER COMPREHENSIVE INCOME (LOSS) Transactions that maybe reclassified after entering into profit or loss statement Exchange rate difference from conversion of financial statement (15,639) 54,554 (23,148) 55,669 Transactions that will not be reclassified after entering into profit or loss statement Actuarial gains for employee benefit plan 17 1,542 - 1,542 - Income tax relating to other comprehensive income (308) - (308) - OTHER COMPREHENSIVE INCOME FOR THE PERIOD (14,405) 54,554 (21,914) 55,669 TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 105,403 122,931 94,973 133,740 PROFIT (LOSS) ATTRIBUTABLE TO : Owners of the Company 118,422 67,114 116,887 78,071 Non-controlling interests 1,386 1,263 - - 119,808 68,377 116,887 78,071 TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO : Owners of the Company 104,017 121,668 94,973 133,740 Non-controlling interests 1,386 1,263 - - 105,403 122,931 94,973 133,740 BASIC EARNINGS (LOSS) PER SHARE 20 0.25 0.15 0.25 0.17 Notes to interim financial statements form an integral part of these statements. STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2019 In Thousand Baht Consolidated Separate financial statements financial statements Notes 2019 2018 2019 2018 REVENUES Revenue from sales and rendering of services 1,359,209 1,631,546 1,267,022 1,552,094 Other incomes 20,237 25,537 21,477 23,593 Gain on exchange rate 19,199 - 17,637 - Total revenues 1,398,645 1,657,083 1,306,136 1,575,687 EXPENSES Cost of sales of goods and rendering of services 4 976,828 974,204 934,663 938,456 Selling expenses 93,981 209,363 93,981 209,363 Administrative expenses 111,817 184,008 76,423 125,320 Net loss on exchange rate - 3,892 - 2,197 Management benefit expenses 17,756 15,839 12,783 12,189 Finance costs 4,255 5,433 2,567 2,257 Total expenses 1,204,637 1,392,739 1,120,417 1,289,782 Profit before income tax revenue (expense) 194,008 264,344 185,719 285,905 Income tax revenue (expense) 19 1,141 (24,021) (355) (25,901) PROFIT (LOSS) FOR THE PERIOD 195,149 240,323 185,364 260,004 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Separate financial statements financial statements Notes 2019 2018 2019 2018 OTHER COMPREHENSIVE INCOME (LOSS) Transactions that maybe reclassified after entering into profit or loss statement Exchange rate difference from conversion of financial statement (68,149) 87,076 (82,955) 93,814 Transactions that will not be reclassified after entering into profit or loss statement Actuarial gains for employee benefit plan 17 1,542 - 1,542 - Income tax relating to other comprehensive income (308) - (308) - OTHER COMPREHENSIVE INCOME FOR THE PERIOD (66,915) 87,076 (81,721) 93,814 TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 128,234 327,399 103,643 353,818 PROFIT (LOSS) ATTRIBUTABLE TO : Owners of the Company 187,519 242,617 185,364 260,004 Non-controlling interests 7,630 (2,294) - - 195,149 240,323 185,364 260,004 TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO : Owners of the Company 120,604 329,693 103,643 353,818 Non-controlling interests 7,630 (2,294) - - 128,234 327,399 103,643 353,818 BASIC EARNINGS (LOSS) PER SHARE 20 0.39 0.54 0.39 0.58 Notes to interim financial statements form an integral part of these statements. "UNAUDITED" "REVIEWED" M.C.S. STEEL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENTOF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIOD JUNE 30, 2019 In Thousand Baht Consolidated financial statements Issued and Premium Premium Difference from Retained Earnings Other Components of Shareholders' Equity Total Equity Non- Total Paid-up on Ordinary (discount) change in Appropriated Unappropriated Exchange Differences Total Attributable to controlling Shareholders' Share Capital Shares on tresury shareholding Legal Reserve Treasury shares on Translating Other Owners Treasury shares Interests Equity Note shares proportion in subsidiary reserve Financial Statements Components of Shareholders' Equity of the Company For the six-month period ended June 30, 2019 Balance as at January 1, 2019 500,000 140,000 (153,610) (15,250) 50,000 295,812 3,141,151 (748,510) (748,510) 3,209,593 (295,812) 55,657 2,969,438 Dividended paid 21 - - - - - - (238,487) - - (238,487) - - (238,487) Profit (loss) for the period - - - - - - 187,519 - - 187,519 - 7,630 195,149 Other comprehensive income (loss) - - - - - - 1,234 (68,149) (68,149) (66,915) - - (66,915) Total comprehensive income (loss) for the period - - - - - - 188,753 (68,149) (68,149) 120,604 - 7,630 128,234 Balance as at June 30, 2019 500,000 140,000 (153,610) (15,250) 50,000 295,812 3,091,417 (816,659) (816,659) 3,091,710 (295,812) 63,287 2,859,185 For the six-month period ended June 30, 2018 Balance as at January 1, 2018 500,000 140,000 - - 50,000 643,070 2,556,945 (693,110) (693,110) 3,196,905 (643,070) 41,626 2,595,461 Dividened paid - - - - - - (179,984) - - (179,984) - - (179,984) Profit (loss) for the period - - - - - - 242,617 - - 242,617 - (2,294) 240,323 Other comprehensive income (loss) - - - - - - - 87,076 87,076 87,076 - - 87,076 Total comprehensive income (loss) for the period - - - - - - 242,617 87,076 87,076 329,693 - (2,294) 327,399 Balance as at June 30, 2018 500,000 140,000 - - 50,000 643,070 2,619,578 (606,034) (606,034) 3,346,614 (643,070) 39,332 2,742,876 Comprehensive income (loss) for the period Comprehensive income (loss) for the period Notes to interim financial statements form an integral part of these statements. M.C.S. STEEL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENTOF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIOD JUNE 30, 2019 "UNAUDITED" "REVIEWED" In Thousand Baht Separate financial statements Issued and Premium Premium Retained Earnings Other Components of Shareholders' Equity Total Paid-up on Ordinary (discount) Appropriated Unappropriated Exchange Differences Total Shareholders' Share Capital Shares on tresury Legal Reserve Treasury share on Translating Other Treasury share Equity shares reserve Financial Statements Components of Note Shareholders' Equity For the six-month period ended June 30, 2019 500,000 140,000 (153,610) 50,000 295,812 3,218,000 (749,459) (749,459) (295,812) 3,004,931 21 - - - - - (238,487) - - - (238,487) - - - - - 185,364 - - - 185,364 - - - - - 1,234 (82,955) (82,955) - (81,721) - - - - - 186,598 (82,955) (82,955) - 103,643 Balance as at January 1, 2019 Dividended paid Comprehensive income (loss) for the period Profit (loss) for the period Other comprehensive income (loss) Total comprehensive income (loss) for the period Balance as at June 30, 2019 500,000 140,000 (153,610) 50,000 295,812 3,166,111 (832,414) (832,414) (295,812) 2,870,087 Balance as at January 1, 2018 500,000 140,000 - 50,000 643,070 2,599,605 (727,614) (727,614) (643,070) 2,561,991 Dividend paid - - - - - (179,984) - - - (179,984) Profit (loss) for the period - - - - - 260,004 - - - 260,004 Other comprehensive income (loss) - - - - - - 93,814 93,814 - 93,814 Total comprehensive income (loss) for the period - - - - - 260,004 93,814 93,814 - 353,818 Balance as at June 30, 2018 500,000 140,000 - 50,000 643,070 2,679,625 (633,800) (633,800) (643,070) 2,735,825 For the six-month period ended June 30, 2018 Comprehensive income (loss) for the period Notes to interim financial statements form an integral part of these statements. Consolidated Separate financial statements financial statements 2019 2018 2019 2018 CASH FLOWS FROM OPERATING ACTIVITIES Profit before income tax 194,008 264,344 185,719 285,905 Adjustments for Depreciation and amortization 66,629 92,665 46,306 70,632 (Gain) loss from valuation of temporary investment (809) - (809) - Allowance for decline in value of inventories (reversal) (22,576) - (22,576) - (Gain) on disposal of property, plant and equipment (3,116) (6,750) (3,796) (7,373) Unrealized (gain) loss on exchange rate 24,409 18,257 30,453 20,665 Expenses for warranty (reversal) (45,672) 55,665 (45,672) 55,665 Expenses for employee benefit obligations 5,486 1,060 5,486 1,060 Provision from lawsuit (reversal) (830) - (830) - Interest income (4,857) (603) (4,405) (421) Finance costs 3,949 5,254 2,639 2,078 Profit from operations before changes in operating assets and liabilities 216,621 429,892 192,515 428,211 Changes in operating assets and liabilities Trade and other receivables (increase) decrease (407,831) 306,767 (337,923) 316,815 Loan to related party (increase) decrease - - (144,832) - Inventories (increase) decrease (217,938) (213,502) (263,133) (276,440) Loan to employee (increase) decrease (12,400) (72,664) (12,400) (72,664) Other-non current asset (increase) decrease 14 168 - 168 Trade and other payables increase (decrease) 381,103 41,117 394,060 164,328 Xxxx received from operations (40,431) 491,778 (171,713) 560,418 Employee benefit obligations paid - (337) - (337) Income tax paid (6,848) (81,237) (6,794) (81,185) Net cash provided by (used in) operating activities (47,279) 410,204 (178,507) 478,896 Notes to interim financial statements form an integral part of these statements. Consolidated Separate financial statements financial statements 2019 2018 2019 2018 CASH FLOWS FROM INVESTING ACTIVITIES Interest received 1,745 770 1,462 583 Cash paid for purchase of property, plant and equipment (74,011) (30,567) (36,767) (20,818) Cash paid for purchase of intangible assets (3,617) (58) (1,096) (58) Proceeds from sales of property, plant and equipment 3,829 19,513 3,811 19,513 (Increase) decrease in temporary investments (20,000) 20,000 (20,000) 20,000 Net cash provided by (used in) investing activities (92,054) 9,658 (52,590) 19,220 CASH FLOWS FROM FINANCING ACTIVITIES Interest paid (4,216) (5,254) (2,372) (2,078) Dividend paid (238,488) (179,984) (238,488) (179,984) Increase (decrease) in short-term loan from financial institution (124,645) 19,038 - - Cash payment for financial leases agreements (628) (3,228) (112) - Net cash provided by (used in) financing activities (367,977) (169,428) (240,972) (182,062) Increase (decrease) exchange rate differences on translating financial statements (45,406) 109,647 (73,479) (3,560) Net increase (decrease) in cash and cash equivalents (552,716) 360,081 (545,548) 312,494 Xxxx and cash equivalents at beginning of period 892,369 585,613 719,866 490,453 Cash and cash equivalents end of period 339,653 945,694 174,318 802,947 Non-cash transaction Purchase of fixed asset with financial lease 1,445 - 1,445 - Notes to interim financial statements form an integral part of these statements. NOTES TO INTERIM FINANCIAL STATEMENTS JUNE 30, 2019

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Samples: www.mcssteel.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 14November 8, 2021 2019 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 4752 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements CURRENT ASSETS Note As at March September As at December As at March September As at December Note 30, 2019 31, 2021 2018 30, 2019 31, 2020 31, 2021 31, 2020 CURRENT ASSETS 2018 Cash and cash equivalents 358,765 64,808 350,623 57,072 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 71,750 29,219 59,461 26,623 Short-term investments 952 946 710 706 Trade accounts receivable 91 - - - Short-term loan to related parties 4 - - 20,000 10,000 - - Inventories 7 126,204 124,530 120,549 123,561 5 195,734 311,754 195,734 311,754 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 6 1,545,650 1,597,714 1,545,650 1,597,714 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 7 1,922,371 1,954,096 1,848,963 1,880,688 Other current assets 2,006 2,750 1,506 2,836 4 9,410 11,816 9,327 11,861 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,745,958 3,905,545 3,659,845 3,829,346 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Deposit pledged as collateral 8 13,409 9,242 13,409 9,242 Investment in subsidiaries 11 9 - - 86,864 86,864 79,364 71,864 Investment property 12 224,060 221,229 224,060 221,229 10 190,627 194,086 190,627 194,086 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 11 87,085 106,705 87,057 106,698 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 12 4,503 4,764 4,503 4,764 Witholding tax 1,869 11,178 1,773 10,989 Deferred tax assets 16 16,175 18,931 14,384 17,140 asstes 21 14,334 14,095 12,613 12,374 Other non-current assets 4,785 9,297 4,664 9,186 3,396 4,012 3,336 4,012 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 315,223 344,082 392,682 414,029 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,061,181 4,249,627 4,052,527 4,243,375 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at September As at December As at September As at December Note 30, 2019 31, 20212018 30, 2019 31, 2018 CURRENT LIABILITIES Bank overdrafts and short-term loans from the financial institutions 13 326,980 456,425 326,980 456,425 Trade notes payable 25,696 24,301 25,696 24,301 Trade accounts payable and other payable 75,077 59,114 75,077 59,108 Payable to related parties 4 37,316 39,738 37,546 41,355 Accrued expenses 4 11,451 36,349 11,387 35,372 Accrued corporate income tax Current portion of long-term loan from 39 9,014 - 9,014 the financial institutions 14 273,495 395,424 273,495 395,424 Short-term loan from other company 15 - 48,162 - 48,162 Short-term loan from related parties 4 229,000 230,000 229,000 229,000 Short-term loan from the director 4 2,500 3,000 - - Advance received from customers 7,250 3,077 7,250 3,077 Retention from contractors 69,514 74,043 69,256 73,785 Other current liabilities 3,764 3,006 3,674 2,915 Total current liabilities 1,062,082 1,381,653 1,059,361 1,377,938 NON-CURRENT LIABILITIES Long-term loans from the financial institutions 14 283,207 162,293 283,207 162,293 Employee benefit obligations 16 60,433 55,789 58,856 54,112 Provision for compensation for housing estate juristic persons 17 20,824 19,527 20,824 19,527 Liabilities from purchasing the real estate project 18 42,741 42,741 39,198 39,198 Other non-current liabilities 3,350 1,985 3,350 1,985 Total non-current liabilities 410,555 282,335 405,435 277,115 TOTAL LIABILITIES 1,472,637 1,663,988 1,464,796 1,655,053 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at September As at December As at September As at December 30, 2019 31, 2018 30, 2019 31, 2018 SHAREHOLDER’S EQUITY Share capital Authorized share capital 1,245,284,305 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Issued and paid-up share capital 1,245,283,691 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Premium on share capital 577,530 577,530 577,530 577,530 Retained earnings Appropriated - legal reserve 74,150 74,150 74,150 74,150 Unappropriated 689,080 688,675 690,767 691,358 Other components of equity - - - - Total equity attributable to company's shareholders 2,586,044 2,585,639 2,587,731 2,588,322 Non-controlling interests 2,500 - - - TOTAL SHAREHOLDER’S EQUITY 2,588,544 2,585,639 2,587,731 2,588,322 TOTAL LIABILITIES AND SHAREHOLDER’S EQUITY 4,061,181 4,249,627 4,052,527 4,243,375 Notes to interim financial statements form an integral part of these statements. Sales 351,596 304,661 351,596 304,661 Rental income and service 4,532 5,714 3,354 4,365 Other income 4 14,014 3,184 13,822 3,127 Total Revenues 370,142 313,559 368,772 312,153 EXPENSES Cost of sales 4 221,281 194,337 221,281 194,337 Cost for rent and service 4,988 5,289 4,160 4,411 Selling expenses 49,646 41,185 49,646 41,185 Administrative expenses 4 53,947 35,769 53,629 35,545 Management benefit expenses 4 8,751 8,330 8,751 8,330 Finance costs 4 11,720 15,187 11,666 14,702 Total Expenses 350,333 300,097 349,133 298,510 Income (loss) before tax expenses 19,809 13,462 19,639 13,643 Tax expenses (income) 5,151 2,779 5,112 2,779 Profit (loss) for the period 14,658 10,683 14,527 10,864 Other comprehensive income Items that will not be reclassified to profit or loss Actuarial gains (loss) from post-employee benefit, net of income tax (135) - (428) - Items that may be reclassified subsequently to profit or loss - - - - Total comprehensive income for the period 14,523 10,683 14,099 10,864 Profit (loss) attributable to Shareholders' equity of the parent company 14,658 10,683 14,527 10,864 Non-controlling interests - - - - 14,658 10,683 14,527 10,864 Total comprehensive income attributable to Shareholders' equity of the parent company 14,523 10,683 14,099 10,864 Non-controlling interests - - - - 14,523 10,683 14,099 10,864 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 20 Profit (loss) for the period (Baht per share) 0.012 0.009 0.011 0.009 Notes to interim financial statements form an integral part of these statements. Sales 966,296 1,098,231 966,296 1,098,231 Rental income and service 15,287 16,674 11,622 12,736 Other income 4 16,961 7,188 16,799 8,628 Total Revenues 998,544 1,122,093 994,717 1,119,595 EXPENSES Cost of sales 4 617,142 711,088 617,142 711,088 Cost for rent and service 15,209 15,817 12,556 12,974 Selling expenses 134,160 150,134 134,160 150,134 Administrative expenses 4 126,517 113,985 126,327 113,331 Management benefit expenses 4 26,166 25,391 26,166 25,391 Finance costs 4 32,780 57,091 32,614 56,507 Total Expenses 951,974 1,073,506 948,965 1,069,425 Income (loss) before tax expenses 46,570 48,587 45,752 50,170 Tax expenses (income) 21.2 8,672 11,545 8,557 11,545 Profit (loss) for the period 37,898 37,042 37,195 38,625 Other comprehensive income Items that will not be reclassified to profit or loss Actuarial gains (loss) from post-employee benefit, net of income tax (135) - (428) - Items that may be reclassified subsequently to profit or loss - - - - Total comprehensive income for the period 37,763 37,042 36,767 38,625 Profit (loss) attributable to Shareholders' equity of the parent company 37,898 37,042 37,195 38,625 Non-controlling interests - - - - 37,898 37,042 37,195 38,625 Total comprehensive income attributable to Shareholders' equity of the parent company 37,763 37,042 36,767 38,625 Non-controlling interests - - - - 37,763 37,042 36,767 38,625 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 20 Profit (loss) for the period (Baht per share) 0.030 0.030 0.030 0.031 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated Financial Statements Shareholders' equity of the parent company Non-controlling Total Share capital Premium on Retained earnings Other Total interests Note issued and share capital Appropriated Unappropriated components paid-up legal reserve of equity Beginning balance as at January 1, 2019 1,245,284 577,530 74,150 688,675 - 2,585,639 - 2,585,639 Non-controlling interests increased due to investment in a subsidiary - - - - - - 2,500 2,500 Dividend paid 19 - - Comprehensive income Profit for the period - - - - (37,358) 37,898 - - (37,358) 37,898 - - (37,358) 37,898 Other comprehensive income for the period - - - (135) - (135) - (135) Total comprehensive income for the period - - - 37,763 - 37,763 2,500 37,763 Ending balance as at September 30, 2019 1,245,284 577,530 74,150 689,080 - 2,586,044 2,500 2,588,544 Beginning balance as at January 1, 2018 1,245,284 577,530 Comprehensive income Profit for the period - - 69,150 - 597,374 37,042 - - 2,489,338 37,042 - - 2,489,338 37,042 Other comprehensive income for the period - - - - - - - - Total comprehensive income for the period - - - 37,042 - 37,042 - 37,042 Ending balance as at September 30, 2018 1,245,284 577,530 69,150 634,416 - 2,526,380 - 2,526,380 Notes to interim financial statements form an integral part of these statements. Share capital Premium on In ThousandBaht Separate Financial Statements Retained earnings Other Total Beginning balance as at January 1, 2019 Dividend paid Comprehensive income Profit for the period issued and share capital Appropriated Unappropriated components Note paid-up legal reserve of equity 1,245,284 577,530 74,150 691,358 - 2,588,322 19 - - - (37,358) - (37,358) - - - 37,195 - 37,195 Other comprehensive income for the period - - - (428) - (428) Total comprehensive income for the period - - - 36,767 - 36,767 Ending balance as at September 30, 2019 1,245,284 577,530 74,150 690,767 - 2,587,731 577,530 69,150 597,193 - 2,489,157 - - 38,625 - 38,625 Beginning balance as at January 1, 2018 1,245,284 Comprehensive income Profit for the period - Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 38,625 38,625 Ending balance as at September 30, 2018 1,245,284 577,530 69,150 635,818 2,527,782 Notes to interim financial statements form an integral part of these statements. Consolidated Financial Statements Separate Financial Statements 2019 2018 2019 2018 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period 37,898 37,042 37,195 38,625 Adjustments to reconcile profit (loss) for the period to net cash provided by (used in) operating activities : Depreciation and amortization 15,804 18,016 15,797 17,992 Unrealized gain from trading securities (4) (2) (4) (2) Doubtful account 980 - 980 - (Gain) loss from sale and amortization of fixed assets 4,137 2,338 4,364 2,413 (Gain) loss from sale and amortization of investment property 2,963 - 2,963 - Allowance for loss on impairment of fixed assets (reverse) (1,449) (1,889) (1,449) (1,889) Provision for compensation for housing estate juristic persons 1,297 2,830 1,297 2,830 Employee benefit expenses 3,437 2,523 3,276 2,418 Interest income (128) (1,558) (124) (1,554) Interest expenses 32,802 57,091 32,614 56,507 Tax expenses (income) 8,672 11,545 8,557 11,545 Income from operating activities before changes in operating assets and liabilities 106,409 127,936 105,466 128,885 Decrease (increase) in operating assets Trade accounts receivable (91) (24) - - Inventories 116,020 99,378 116,020 99,378 Property development costs 69,017 272,927 69,017 272,927 Land held for development 38,267 (78,774) 38,267 (78,774) Deposit from purchase land - - - - Other current assets 1,425 (7,514) 1,554 (1,416) Other non-current assets 616 430 677 430 Notes to interim financial statements form an integral part of these statements. 2019 2018 2019 2018 Increase (decrease) in operating liabilities Trade notes payable 1,394 (23,108) 1,394 (23,108) Trade accounts payable and other payable 15,964 (18,953) 15,969 (19,189) Payable to related parties (2,422) (8) (3,810) 46 Accrued expenses (20,826) (6,377) (19,997) (6,375) Advance received from customers 4,173 (1,553) 4,173 (1,553) Retention from contractors (4,529) (4,866) (4,529) (4,866) Other current liabilities 758 101,098 759 101,071 Other non-current liabilities 1,364 - 1,364 - Cash receivable (paid) from the operations 327,539 460,592 326,324 467,456 Xxxx received from interest income 128 7,618 124 7,614 Witholding taxes refunded from Revenue Department 11,084 6,890 10,989 6,765 Income tax expenses paid (19,553) (11,586) (19,475) (11,519) Net cash provided by (used in) operating activities 319,198 463,514 317,962 470,316 ASH FLOWS FROM INVESTING ACTIVITIES Cash received from short-term loan to related parties - - - 55,000 Increase in temporary investment (2) - - - Increase in deposit pledged as collateral (4,167) (60) (4,167) (60) Proceeds from sales of fixed assets 11,000 155 10,769 80 Cash paid for purchase of fixed assets (1,976) (2,492) (1,947) (2,492) Cash paid for purchase of investment property (6,838) - (6,838) - Cash paid for purchase of intangible assets (298) (81) (298) (81) Cash received from capital in subsidiary 13,750 - - - Cash paid for increase of capital in subsidiary (11,250) - (7,500) (60,000) Net cash provided by (used in) investing activities 219 (2,478) (9,981) (7,553) Consolidated Financial Statements Separate Financial Statements C Notes to interim financial statements form an integral part of these statements. CASH FLOWS FROM FINANCING ACTIVITIES Consolidated Financial Statements Separate Financial Statements 2019 2018 2019 2018 Increase (decrease) in bank overdrafts and short-term loans from the financial institutions (129,445) 84,766 (129,445) 84,766 Cash paid for liabilities under finance lease agreement (1) (626) (1) (626) Cash received from short-term loan the other company - 50,000 - 50,000 Cash paid for short-term loan from other company (48,162) (106,897) (48,162) (106,897) Xxxx received from short-term loan a related party 6,000 51,100 - 51,100 Cash paid for short-term loan a related party (7,000) (54,100) - (54,100) Xxxx received from short-term loan from the director - 55,600 - 1,500 Cash paid for short-term loan from the directors (500) (69,500) - (18,400) Xxxx received from long-term loans 337,786 362,564 337,786 362,564 Cash paid for long-term loans (338,801) (742,929) (338,801) (742,929) Interest paid (59,405) (94,521) (59,162) (92,944) Dividend paid (37,358) - (37,358) - Net cash provided by (used in) financing activities (276,886) (464,543) (275,143) (465,966) Net increase (decrease) in cash and cash equivalents 42,531 (3,507) 32,838 (3,203) Cash and cash equivalents, beginning of period 29,219 21,952 26,623 19,753 Cash and cash equivalents, end of period 71,750 18,445 59,461 16,550 Supplemental disclosures of cash flows information 1) Cash and cash equivalents consisted of : Cash on hand 607 827 637 827 Cash at bank 71,143 17,618 58,824 15,723 Total 71,750 18,445 59,461 16,550 2) In quarter 3 of 2019 and 2018, the Company has transferred the land development cost of Baht 85.10 million and Baht 40.57 million into part of land pending development. Notes to interim financial statements form an integral part of these statements. NOTES TO INTERIM FINANCIAL STATEMENTS SEPTEMBER 30, 2019

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Samples: investor.ncgroup.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”. Dharmniti Auditing Company Limited Bangkok, Thailand May August 14, 2021 2014 2014/883/0274 (Miss Xxxxxxx XxxxxxxxxxxXxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 6838 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March June As at December As at March June As at December Note 30, 2014 31, 2021 2013 30, 2014 31, 2020 31, 2021 31, 2020 2013 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 29,997 30,638 27,518 26,860 Short-term investments 000 000 000 670 Trade accounts receivable 5 132 24,683 - - Short-term loan to related parties 4 - - 20,000 10,000 20,500 19,300 Inventories 7 126,204 124,530 120,549 123,561 6, 16 321,166 403,886 315,250 394,878 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 7, 16 2,523,030 2,546,147 2,523,555 2,547,515 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for 8, 16 1,248,128 1,211,563 1,179,272 1,211,207 Deposit from purchase land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 - 1,800 - 1,800 Other current assets 2,006 2,750 1,506 2,836 35,124 33,186 32,215 30,809 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 4,158,252 4,252,573 4,098,985 4,233,039 NON-CURRENT ASSETS Restricted deposits with financial institutions Deposit pledged as collateral 9 9,015 9,012 8,787 8,785 Investment in associated company 10 12,731 11,019 12,731 11,019 - - - - Investment in subsidiaries 11 10 - - 86,864 86,864 11,864 11,864 Investment property 12 224,060 221,229 224,060 221,229 11 215,881 - 215,881 - Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 12 157,647 164,471 153,211 159,883 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 13 4,413 4,073 4,413 4,073 Deferred tax assets 16 16,175 18,931 14,384 17,140 22 12,353 10,450 12,334 10,438 Other non-current assets 4,785 9,297 4,664 9,186 8,159 6,687 5,473 4,533 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 407,468 194,693 411,963 199,576 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,565,720 4,447,266 4,510,948 4,432,615 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31JUNE 30, 20212014

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Samples: investor.ncgroup.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 14, 2021 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 4752 ASSETS In Thousand Baht Consolidated Financial Statements financial statements Separate Financial Statements financial statements As at March As at December As at March As at December Note Notes 31, 2021 31, 2020 31, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 64,808 350,623 57,072 5 57,480 89,785 35,434 2,248 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 4, 6 345,039 283,298 186,415 138,010 Unbilled receivables 7, 22 1,491,297 1,117,635 514,754 314,182 Accounts receivable - retention under construction contracts 4, 7 310,132 271,170 142,398 125,197 Advances paid to subcontractors under construction contracts 4 379,288 498,303 46,574 175,760 Construction in progress 22 293,095 329,386 106,542 182,858 Inventories 8 22,029 1,676 1,608 1,608 Short-term loans to related parties 4 - - 20,000 10,000 Inventories 7 126,204 124,530 120,549 123,561 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 50 50 Withholding tax deducted at source 184,677 173,259 134,929 123,410 Other current assets 2,006 2,750 1,506 2,836 52,711 44,558 19,060 14,326 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,135,748 2,809,070 1,187,764 1,077,649 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Investment at banks 9 3,202 32,198 354 29,350 Long-term loans to related parties 4 - - - - Investments in subsidiaries 10 - - 476,498 476,198 Investments in associates 11 - - 86,864 86,864 Investment property - - Investments in joint ventures 12 224,060 221,229 224,060 221,229 122,348 123,584 102,376 102,376 Property, plant and equipment 13 104,548 100,180 76,374 77,276 626,765 618,357 587,770 578,351 Right-of-use assets 14 20,566 21,723 10,041 10,817 29,201 29,622 16,728 14,485 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 12,789 13,273 12,549 13,067 Deferred tax assets 16 16,175 18,931 14,384 17,140 46,118 49,703 19,733 15,144 Other non-current assets 4,785 9,297 4,664 9,186 4,120 3,430 1,673 1,681 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 844,543 870,167 1,217,681 1,230,652 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 3,980,291 3,679,237 2,405,445 2,308,301 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” CURRENT LIABILITIES Bank overdrafts and short-term loans In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Notes 31, 2021 31, 2020 31, 2021 31, 2020 from financial institutions 15 805,811 709,460 457,362 414,660 Trade and other current payables 4, 16 863,476 718,490 455,386 406,437 Unbilled payable 640,828 454,391 75,201 12,883 Unearned construction - 3 revenue Accounts payable - N.C. HOUSING PUBLIC COMPANY LIMITED retention under construction contracts 7 75 178,275 10,055 158,959 75 16,467 10,055 9,587 Advances received from customers under construction contracts 7, 22 887,171 913,865 187,989 261,310 Short-term loans from related parties 4 - - 728,000 642,000 Provision for liabilities under construction projects 17 175,851 166,974 67,324 7,852 Current portion of lease liabilities 18 17,420 16,709 9,521 9,156 Income tax payable 16 - - - Other current liabilities 11,612 15,851 5,504 11,071 Total current liabilities 3,580,535 3,164,754 2,002,829 1,785,011 NON-CURRENT LIABILITIES Lease liabilities 18 16,693 15,673 11,551 8,057 Non-current provisions for employee benefits 19 55,259 82,107 31,994 68,339 Provision for litigation 25.1 20,000 20,000 20,000 20,000 Total non-current liabilities 91,952 117,780 63,545 96,396 TOTAL LIABILITIES 3,672,487 3,282,534 2,066,374 1,881,407 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Notes 31, 2021 31, 2020 31, 2021 31, 2020 Share capital Registered 9,587,146,838 ordinary shares of Baht 0.125 each 1,198,393 1,198,393 1,198,393 1,198,393 Issued and paid-up 9,587,146,838 ordinary shares of Baht 0.125 each 1,198,393 1,198,393 1,198,393 1,198,393 Share premium - - - - Other deficit Retained earnings (deficit) Appropriated - statutory reserve The Company (2,956) - (2,956) - - - - - Subsidiary 4,108 4,108 - - Unappropriated (878,698) (791,218) (859,322) (771,499) Other components of shareholders' equity 15,554 17,393 - - Equity attributable to owners of the Company 336,401 425,720 339,071 426,894 Non-controlling interests of the subsidiaries (28,597) (29,017) - - Total shareholders' equity 307,804 396,703 339,071 426,894 TOTAL LIABILITIES AND ITS SUBSIDIARIES SHAREHOLDERS' EQUITY 3,980,291 3,679,237 2,405,445 2,308,301 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements Notes 0000 0000 0000 2020 REVENUES 4 Construction services income 1,185,022 951,326 640,740 474,714 Other service income 6,566 4,237 - - Sales income 235 - - - Interest income - 227 - 227 Other income 8,157 7,576 10,529 9,053 Total revenues 1,199,980 963,366 651,269 483,994 EXPENSES Cost of construction services 4 1,237,883 854,983 725,013 406,836 Cost of other services 3,204 2,643 - - Cost of sales 131 - - - Administrative expenses 61,838 80,862 47,910 74,310 Total expenses 1,303,056 938,488 772,923 481,146 Profit (loss) before share of profit (loss) from investments in associates and joint ventures, finance cost and income tax expenses (103,076) 24,878 (121,654) 2,848 Share of profit (loss) from investments in joint ventures 12.2 (1,309) (1,855) - - Profit (loss) before finance cost and income tax expenses (104,385) 23,023 (121,654) 2,848 Finance cost 4 7,454 5,710 9,419 7,549 Profit (loss) before income tax expenses (111,839) 17,313 (131,073) (4,701) Income tax income (expenses) 20 1,892 (6,119) 12,321 35 PROFIT (LOSS) FOR THE STATEMENTS PERIOD (109,947) 11,194 (118,752) (4,666) Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements Notes 0000 0000 0000 2020 Other comprehensive income: Components of other comprehensive income that will be reclassified to profit or loss Exchange differences on translation of financial statements in foreign currency (977) (2,891) - - Components of other comprehensive income that will not be reclassified to profit or loss Actuarial gains 22,025 - 30,929 - Other comprehensive income for the period - net of income tax 21,048 (2,891) 30,929 - Total comprehensive income for the period (88,899) 8,303 (87,823) (4,666) Profit (loss) attributable to: Equity holders of the Company (109,505) 11,644 (118,752) (4,666) Non-controlling interests of the subsidiaries (442) (450) - - (109,947) 11,194 (118,752) (4,666) Total comprehensive income attributable to: Equity holders of the Company (89,319) 9,873 (87,823) (4,666) Non-controlling interests of the subsidiaries 420 (1,570) - - (88,899) 8,303 (87,823) (4,666) Earnings per share 21 Basic earnings (loss) per share Profit (loss) attributable to equity holders of the Company (0.0114) 0.0012 (0.0124) (0.0005) Notes to interim financial statements form an integral part of these statements. Issued and STATEMENT OF FINANCIAL POSITION ChANGES IN ShAREhOLDERS' EQUITY FOR ThE ThREE-MONTh PERIOD ENDED MARCh 31, 2021 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 Total other attributable to interests of equity share capital revaluation other deficit The Company Subsidiary components of shareholders of the subsidiaries of investment in subsidiaries Exchange differences on translation of financial statements in foreign currency Share of other comprehensive income from associate shareholders' equity the Company 1,198,393 (2,956) (2,956) - 4,108 (347,048) 14,716 900 15,616 868,113 (28,526) 839,587 - - - - - 11,644 - - - 11,644 (450) 11,194 - - - - - - (1,771) - (1,771) (1,771) (1,120) (2,891) - - - - - 11,644 (1,771) - (1,771) 9,873 (1,570) 8,303 1,198,393 (2,956) (2,956) - 4,108 (335,404) 12,945 900 13,845 877,986 (30,096) 847,890 1,198,393 (2,956) (2,956) - 4,108 (791,218) 16,493 900 17,393 425,720 (29,017) 396,703 - - - - - (109,505) - - - (109,505) (442) (109,947) - - - - - 22,025 (1,839) - (1,839) 20,186 862 21,048 - - - - - (87,480) (1,839) - (1,839) (89,319) 420 (88,899) 1,198,393 (2,956) (2,956) - 4,108 (878,698) 14,654 900 15,554 336,401 (28,597) 307,804 Balance as at January 1, 2020 Profit (loss) for the period Other comprehensive income for the period Total comprehensive income for the period Balance as at March 31, 2020 Balance as at January 1, 2021 Profit (loss) for the period Other comprehensive income for the period Total comprehensive income for the period Balance as at March 31, 2021 Notes to interim financial statements form an integral part of these statements. STATEMENT OF ChANGES IN ShAREhOLDERS' EQUITY (CONT.) AS AT MARCH FOR ThE ThREE-MONTh PERIOD ENDED MARCh 31, 20212021 In Thousand Baht Separate financial statements Issued and Retained earnings (deficit) Total paid-up Appropriated - Unappropriated shareholders' share capital Statutory reserve equity Balance as at January 1, 2020 1,198,393 - (551,368) 647,025 Profit (loss) for the period - - (4,666) (4,666) Other comprehensive income for the period - - - - Total comprehensive income for the period - - (4,666) (4,666) Balance as at March 31, 2020 1,198,393 - (556,034) 642,359 Balance as at January 1, 2021 1,198,393 - (771,499) 426,894 Profit (loss) for the period - - (118,752) (118,752) Other comprehensive income for the period - - 30,929 30,929 Total comprehensive income for the period - - (87,823) (87,823) Balance as at March 31, 2021 1,198,393 - (859,322) 339,071 Notes to interim financial statements form an integral part of these statements. STATEMENT OF CASh FLOWS FOR ThE ThREE-MONTh PERIOD MARCh 31, 2021 In Thousand Baht Consolidated financial statements Separate financial statements 0000 0000 0000 2020 Cash flows from operating activities Profit (loss) before tax (111,839) 17,313 (131,073) (4,701) Adjustments to reconcile profit (loss) before tax to net cash provided by (paid from) operating activities Depreciation and amortisation 18,540 29,460 15,087 25,865 Allowance for doubtful debt - - - 3,688 Unrealised (gain) loss on exchange rate (21) (356) (21) (355) (Gain) loss on disposal of equipment (94) (237) (93) - Loss on write-off of equipment 12 10 12 8 (Gain) loss from cancellation of lease agreement (52) - (66) - Share of (profit) loss from investments in joint venture 1,236 1,855 - - Provision for liabilities under construction projects 138,466 1,000 138,466 - Non-current provisions for employee benefits 3,284 3,687 2,317 3,035 Interest income - (227) - (227) Interest expenses 7,454 5,710 9,419 7,549 Profit (loss) from operating activities before changes in operating assets and liabilities 56,986 58,215 34,048 34,862 (Increase) decrease in operating assets Trade and other current receivables (61,741) 546,139 (48,405) 384,902 Unbilled receivables (373,662) (301,478) (200,572) (332,971) Accounts receivable - retention under construction contracts (38,962) (36,499) (17,201) (4,621) Advance paid to subcontractors under construction contracts 119,015 54,489 129,186 24,588 Construction in progress 36,291 (129,989) 76,316 25,788 Inventories (20,353) (2) - - Other current assets (8,153) (1,627) (4,734) 4,074 Other non-current assets (690) (688) 8 1 Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated financial statements Separate financial statements 0000 0000 0000 2020 Increase (decrease) in operating liabilities Trade and other current payables 152,220 (88,972) 48,619 (33,517) Unbilled payables 186,437 85,554 62,318 105,112 Unearned construction revenue (9,980) - (9,980) - Accounts payable - retention under construction contracts 19,316 11,620 6,880 (6,747) Advances received from customers under construction contracts (26,694) (45,707) (73,321) (13,123) Other current liabilities (4,239) (23,102) (5,567) (24,651) Cash flows from provide by (used in) operating activities 25,791 127,953 (2,405) 163,697 Xxxx paid for provision for liabilities under construction projects (129,589) (32,909) (78,994) (880) Cash paid for non-current provision for employee benefits (2,600) (3,695) - (3,367) Cash paid for income tax (17,952) (23,145) (11,519) (15,358) Received from withholding tax refund 6,522 20,999 - 20,999 Net cash flows provided by (used in) operating activities (117,828) 89,203 (92,918) 165,091 Cash flows from investing activities Decrease in restricted deposits at banks 28,996 - 28,996 - Decrease in short-term loans to related parties - - - (3,688) Cash paid for investing in subsidiaries - - (300) - Cash paid for investing in joint venture - (74,625) - (74,625) Interest income - 227 - 227 Xxxx received from disposal of equipment 96 336 93 - Cash paid for purchase of property, plant and equipment (27,771) (4,331) (25,518) (3,853) Cash paid for purchase of intangible assets (79) - (30) - Net cash flows provided by (used in) investing activities 1,242 (78,393) 3,241 (81,939) Cash flows from financing activities Increase (decrease) in bank overdrafts and short-term loans from financial institutions 96,351 23,787 42,702 72,787 Cash receive from short-term loans from related parties - - 114,000 208,000 Cash paid for short-term loans from related parties - - (28,000) (331,000) Notes to interim financial statements form an integral part of these statements. In Thousand Baht Consolidated financial statements Separate financial statements 0000 0000 0000 2020 Repayment of debentures - (30,000) - (30,000) Interest expenses (7,009) (5,777) (3,303) (8,175) Decrease in lease liabilities (4,084) (3,189) (2,536) (1,361) Net cash flows provided by (used in) financing activities 85,258 (15,179) 122,863 (89,749) Increase (decrease) in translation adjustment (977) (2,891) - - Net increase (decrease) in cash and cash equivalents (32,305) (7,260) 33,186 (6,597) Cash and cash equivalents at the beginning of the period 89,785 182,190 2,248 94,272 Cash and cash equivalents at the end of the period 57,480 174,930 35,434 87,675 Supplemental cash flows information Non-cash items consist of Increase (decrease) in purchase of fixed assets and intangible assets that have yet to be paid (7,180) (2,533) (5,497) (2,123) Accrued payables the investment in subsidiaries - - - 125 Lease liabilities 7,877 25,814 7,877 12,275 Notes to interim financial statements form an integral part of these statements.

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 14August 9, 2021 2019 (Miss Xxxxxxx XxxxxxxxxxxMr. Xxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, 2021 4752 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements CURRENT ASSETS Note As at March June As at December As at March June As at December Note 30, 2019 31, 2021 2018 30, 2019 31, 2020 31, 2021 31, 2020 CURRENT ASSETS 2018 Cash and cash equivalents 358,765 64,808 350,623 57,072 Trade and other current receivables 5,6 15,619 8,881 14,192 7,336 17,118 29,219 14,675 26,623 Short-term investments 989 946 749 706 Trade accounts receivable 91 - - - Short-term loan to related parties 4 - - 20,000 10,000 - - Inventories 7 126,204 124,530 120,549 123,561 5 237,061 311,754 237,061 311,754 Property development costs 8 1,392,784 1,642,014 1,399,954 1,642,014 6 1,513,026 1,597,714 1,513,026 1,597,714 Land held for development 9 513,127 451,636 512,771 451,279 Deposits for land 74,453 8,441 74,453 8,441 Other current financial assets 964 964 720 720 7 1,980,884 1,954,096 1,907,476 1,880,688 Other current assets 2,006 2,750 1,506 2,836 4 8,311 11,816 8,213 11,861 Total current assets 2,483,922 2,304,024 2,494,768 2,303,259 3,757,480 3,905,545 3,681,200 3,829,346 NON-CURRENT ASSETS Restricted deposits with financial institutions 10 12,731 11,019 12,731 11,019 Deposit pledged as collateral 8 10,000 9,242 10,000 9,242 Investment in subsidiaries 11 9 - - 86,864 86,864 71,864 71,864 Investment property 12 224,060 221,229 224,060 221,229 10 191,047 194,086 191,047 194,086 Property, plant and equipment 13 104,548 100,180 76,374 77,276 Right-of-use assets 14 20,566 21,723 10,041 10,817 11 102,629 106,705 102,597 106,698 Intangible assets 15 4,153 4,170 3,938 3,989 Land held for development 1,157,468 1,184,982 1,084,417 1,111,931 12 4,399 4,764 4,399 4,764 Witholding tax 12,671 11,178 12,577 10,989 Deferred tax assets 16 16,175 18,931 14,384 17,140 asstes 21 15,416 14,095 13,694 12,374 Other non-current assets 4,785 9,297 4,664 9,186 3,423 4,012 3,224 4,012 Total non-current assets 1,544,486 1,571,531 1,517,473 1,549,451 339,585 344,082 409,402 414,029 TOTAL ASSETS 4,028,408 3,875,555 4,012,241 3,852,710 4,097,065 4,249,627 4,090,602 4,243,375 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2021

Appears in 1 contract

Samples: investor.ncgroup.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 14August 13, 2021 (Miss Xxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 7318 “UNAUDITED” “REVIEWED” - 2 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31JUNE 30, 2021 ASSETS In Thousand Baht Consolidated Financial Statements Separate Financial Statements As at March June As at December As at March June As at December Note 3130, 2021 31, 2020 3130, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 358,765 118,043 64,808 350,623 106,764 57,072 Trade and other current receivables 5,6 15,619 14,947 8,881 14,192 13,305 7,336 Short-term to related parties 5 - - 20,000 30,500 10,000 Inventories 7 126,204 139,948 124,530 120,549 121,899 123,561 Property development costs 8 1,392,784 1,714,895 1,642,014 1,399,954 1,730,386 1,642,014 Land held for development 9 513,127 559,396 451,636 512,771 559,040 451,279 Deposits for land 74,453 8,400 8,441 74,453 8,400 8,441 Other current financial assets 964 964 720 721 720 Other current assets 2,006 299 2,750 1,506 2,151 2,836 Total current assets 2,483,922 2,556,892 2,304,024 2,494,768 2,573,166 2,303,259 NON-CURRENT ASSETS Restricted deposits with Other non-current financial institutions assets 10 12,731 14,570 11,019 12,731 14,570 11,019 Investment in subsidiaries 11 - - 86,864 86,864 Investment property 12 224,060 221,589 221,229 224,060 221,589 221,229 Property, plant and equipment 13 104,548 105,907 100,180 76,374 74,738 77,276 Right-of-use assets 14 20,566 19,001 21,723 10,041 9,266 10,817 Intangible assets 15 4,153 3,972 4,170 3,938 3,776 3,989 Land held for development 9 1,157,468 1,184,982 1,084,417 1,111,931 Deferred tax assets 16 16,175 16,437 18,931 14,384 14,646 17,140 Other non-current assets 4,785 6,379 9,297 4,664 6,188 9,186 Total non-current assets 1,544,486 1,545,323 1,571,531 1,517,473 1,516,054 1,549,451 TOTAL ASSETS 4,028,408 4,102,215 3,875,555 4,012,241 4,089,220 3,852,710 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” - 3 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH JUNE 30, 2021 LIABILITIES AND SHAREHOLDERS' EQUITY In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at June 30, 2021 As at December 31, 20212020 As at June 30, 2021 As at December 31, 2020 CURRENT LIABILITIES Bank overdrafts and short-term loans from the financial institutions 17 124,857 3,020 124,857 3,020 Trade and other current payables 5,18 460,266 416,813 443,860 410,697 Accrued income tax Current portion of long-term loan from 26,072 8,560 25,996 8,560 the financial institutions 19 454,782 259,926 454,782 259,926 Current portion of lease liabilities 20 6,673 6,515 3,602 3,512 Short-term loan from related parties 5 5,000 184,000 - 179,000 Short-term loan from the director Other current liabilities 5 - 839 2,500 - - - - - Total current liabilities 1,078,489 881,334 1,053,097 864,715 NON-CURRENT LIABILITIES Long-term loans from the financial institutions 19 111,004 163,387 111,004 163,387 Lease liabilities 20 14,603 17,559 7,742 9,525 Provision for employee benefit obligations 21 61,966 60,002 59,764 57,894 Provision for compensation for housing estate juristic persons 22 22,235 20,294 22,235 20,294 Provision from purchasing the real estate project 23 36,807 36,807 33,498 33,498 Other non-current liabilities 12,900 9,219 12,900 9,219 Total non-current liabilities 259,515 307,268 247,143 293,817 TOTAL LIABILITIES 1,338,004 1,188,602 1,300,240 1,158,532 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT JUNE 30, 2021 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note As at June As at December As at June As at December 30, 2021 31, 2020 30, 2021 31, 2020 SHAREHOLDER’S EQUITY Share capital Authorized share capital 1,245,284,305 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Issued and paid-up share capital 1,245,283,691 ordinary shares of Baht 1.00 each 1,245,284 1,245,284 1,245,284 1,245,284 Premium on share capital 577,530 577,530 577,530 577,530 Retained earnings Appropriated - legal reserve 81,560 81,560 81,560 81,560 Unappropriated 862,884 780,307 884,606 789,804 Other components of equity - - - - Total equity attributable to company's shareholders 2,767,258 2,684,681 2,788,980 2,694,178 Non-controlling interests (3,047) 2,272 - - TOTAL SHAREHOLDER’S EQUITY 2,764,211 2,686,953 2,788,980 2,694,178 TOTAL LIABILITIES AND SHAREHOLDER’S EQUITY 4,102,215 3,875,555 4,089,220 3,852,710 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2021 In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note 0000 0000 0000 2020 REVENUES Sales 510,791 520,136 510,791 520,136 Rental income and service 6,852 2,884 4,489 1,528 Other income 5 4,644 2,303 4,884 2,047 Total Revenues 522,287 525,323 520,164 523,711 EXPENSES Cost of sales 5 342,376 342,722 341,380 342,722 Cost for rent and service 10,450 6,413 4,560 3,975 Distribution costs 46,539 41,334 46,539 41,334 Administrative expenses 5 53,209 54,413 48,946 53,404 Total Expenses 452,574 444,882 441,425 441,435 Income (loss) before finance cost and tax expenses 69,713 80,441 78,739 82,276 Finance costs 5 4,213 8,037 4,060 7,994 Income (loss) before tax expenses 65,500 72,404 74,679 74,282 Tax expenses (income) 24 16,497 13,100 15,267 13,056 Profit (loss) for the period 49,003 59,304 59,412 61,226 Other comprehensive income - - - - Total comprehensive income for the period 49,003 59,304 59,412 61,226 Profit (loss) attributable to Shareholders' equity of the parent company 51,986 60,110 59,412 61,226 Non-controlling interests (2,983) (806) - - 49,003 59,304 59,412 61,226 Total comprehensive income attributable to Shareholders' equity of the parent company 51,986 60,110 59,412 61,226 Non-controlling interests (2,983) (806) - - 49,003 59,304 59,412 61,226 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 26 Profit (loss) for the period (Baht per share) 0.042 0.048 0.048 0.049 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENTS OF COMPREHENSIVE INCOME FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2021 In Thousand Baht Consolidated Financial Statements Separate Financial Statements Note 0000 0000 0000 2020 REVENUES Sales 1,401,690 849,116 1,401,690 849,116 Rental income and service 14,685 5,295 9,690 3,684 Other income 5 8,288 4,202 8,667 3,933 Total Revenues 1,424,663 858,613 1,420,047 856,733 EXPENSES Cost of sales 5 977,070 571,259 976,058 571,259 Cost for rent and service 21,462 12,362 9,930 8,159 Distribution costs 114,251 75,639 114,251 75,639 Administrative expenses 5 130,199 100,626 122,946 98,887 Total Expenses 1,242,982 759,886 1,223,185 753,944 Income (loss) before finance cost and tax expenses 181,681 98,727 196,862 102,789 Finance costs 5 8,730 17,571 8,400 17,483 Income (loss) before tax expenses 172,951 81,156 188,462 85,306 Tax expenses (income) 24 45,882 14,490 43,849 14,444 Profit (loss) for the period 127,069 66,666 144,613 70,862 Other comprehensive income - - - - Total comprehensive income 127,069 66,666 144,613 70,862 Profit (loss) attributable to Shareholders' equity of the parent company 132,388 68,459 144,613 70,862 Non-controlling interests (5,319) (1,793) - - 127,069 66,666 144,613 70,862 Total comprehensive income attributable to Shareholders' equity of the parent company 132,388 68,459 144,613 70,862 Non-controlling interests (5,319) (1,793) - - 127,069 66,666 144,613 70,862 BASIC EARNINGS PER SHARE OF THE PARENT COMPANY 26 Profit (loss) for the period (Baht per share) 0.106 0.055 0.116 0.057 - 7 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2021 In Thousand Baht Consolidated Financial Statements Shareholders' equity of the parent company “UNAUDITED” “REVIEWED” Non-controlling Total Share capital Premium on Retained earnings Other Total interests Note issued and share capital Appropriated Unappropriated components paid-up legal reserve of equity Beginning balance as at January 1, 2021 1,245,284 577,530 81,560 780,307 - 2,684,681 2,272 2,686,953 Dividend paid 25 - - - (49,811) - (49,811) - (49,811) Comprehensive income Profit for the period - - - 132,388 - 132,388 (5,319) 127,069 Other comprehensive income for the period - - - - - - - - Total comprehensive income for the period - - - 132,388 - 132,388 (5,319) 127,069 Ending balance As at June 30, 2021 1,245,284 577,530 81,560 862,884 - 2,767,258 (3,047) 2,764,211 Beginning balance as at January 1, 2020 1,245,284 577,530 75,360 669,306 - 2,567,480 4,474 2,571,954 Shares fee payment in subsidiary Comprehensive income Profit for the period - - - - - - - 68,459 - - - 68,459 2,500 (1,793) 2,500 66,666 Other comprehensive income for the period - - - - - - - - Total comprehensive income for the period - - - 68,459 - 68,459 (1,793) 66,666 Ending balance As at June 30, 2020 1,245,284 577,530 75,360 737,765 - 2,635,939 5,181 2,641,120 Notes to interim financial statements form an integral part of these statements. - 8 - N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2021 “UNAUDITED” “REVIEWED” Share capital Premium on In ThousandBaht Separate Financial Statements Retained earnings Other Total Beginning balance as at January 1, 2021 Dividend paid Comprehensive income Profit for the period issued and share capital Appropriated Unappropriated components Note paid-up legal reserve of equity 1,245,284 577,530 81,560 789,804 - 2,694,178 25 - - - (49,811) - (49,811) - - - 144,613 - 144,613 Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 144,613 144,613 Ending balance As at June 30, 2021 1,245,284 577,530 81,560 884,606 2,788,980 577,530 75,360 671,780 - 2,569,954 - - 70,862 - 70,862 Beginning balance as at January 1, 2020 1,245,284 Comprehensive income Profit for the period - Other comprehensive income for the period - - - - - - Total comprehensive income for the period - - - 70,862 70,862 Ending balance As at June 30, 2020 1,245,284 577,530 75,360 742,642 2,640,816 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF CASH FLOWS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2021 In Thousand Baht Consolidated Financial Statements Separate Financial Statements 0000 0000 0000 2020 CASH FLOWS FROM OPERATING ACTIVITIES Profit (loss) for the period Adjust items that profit (loss) is cash received (paid) 127,069 66,666 144,613 70,862 Adjustment on income tax expenses 45,882 14,490 43,849 14,444 Adjustment on financial cost 8,730 17,571 8,400 17,483 Adjusted with the loss from land donation Adjustment on trade and other current receivables 11,399 - 11,399 - (increase) decrease (6,065) (1,539) (5,969) 177 Adjustment on inventory (increase) decrease (15,418) 13,946 1,662 13,933 Adjustment on real estate project development costs (increase) decrease (66,774) 230,356 (82,443) 230,356 Adjustment on land held for development (increase) decrease (90,399) - (90,399) - Adjustment on deposit for land 41 - 41 - Adjustment on other assets (increase) decrease (1,665) 274 (2,623) 233 Adjusted with the loss from not claiming the withholding tax 5,118 - 5,118 - Adjustment on trade and other current payables (increase) decrease 43,197 24,002 33,170 26,847 Adjustment on other liabilities (increase) decrease 4,971 2,540 3,680 2,540 Depreciation depletion and amortization charge 15,912 11,414 12,127 10,707 Adjustment on provisions for employee benefit (reverse) 1,964 1,698 1,870 1,621 Adjustment on provisions for compensation for housing estate juristic persons (reverse) 2,787 1,751 2,787 1,751 Adjustment on Loss (gain) on fair value Adjustment on Loss (gain) disposal of - (1) - (1) property, plant and equipment (38) - (38) - Net cash provided by (used in) operating activities 86,711 383,168 87,244 390,953 Interest income (82) (75) (510) (74) Income tax expense refund (paid) (24,328) (9,432) (22,301) (9,479) Xxxx received interest income 82 75 80 74 Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF CASH FLOWS (CONT.) FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2021 In Thousand Baht Consolidated Financial Statements Separate Financial Statements 0000 0000 0000 2020 Retention - (33) - - Provision from purchasing the real estate project - (234) - - Provision for compensation for housing estate juristic persons (846) - (846) - Provision for employee benefits - (5,613) - (5,613) Net cash provided by (used in) operating activities 61,537 367,856 63,667 375,861 CASH FLOWS FROM INVESTING ACTIVITIES Increase in other current financial assets - (1) - - Increase in fixed deposits pledged as collateral (3,551) (2,001) (3,551) (2,001) Cash paid from short-term lorn to related parties - - (20,500) - Cash paid for increase of capital in subsidiary - - - (7,500) Cash paid for purchase of property, plant and equipment (13,546) (4,670) (2,699) (2,857) Xxxx paid for purchase of investment property (5,271) (16,811) (5,271) (16,811) Cash received from sale of equipment 58 - 58 - Cash paid for purchase of intangible assets (254) (27) (205) (27) Net cash provided by (used in) investing activities (22,564) (23,510) (32,168) (29,196) CASH FLOWS FROM FINANCING ACTIVITIES Increase (decrease) in bank overdrafts and short-term loans from the financial institutions 121,837 (94,098) 121,837 (94,098) Cash paid for liabilities under lease liabilities (3,261) (1,752) (2,050) (1,752) Cash received from the shares fee payment of non-controlling interests - 2,500 - - Cash paid for short-term loan a related party (179,000) - (179,000) - Xxxx paid for short-term loan from the director (2,500) - - - Cash received from long-term loans 542,601 178,042 542,601 178,042 Cash paid for long-term loans (400,128) (370,378) (400,128) (370,378) Cash paid interest (15,476) (28,721) (15,256) (28,585) Dividend paid (49,811) - (49,811) - Net cash provided by (used in) financing activities 14,262 (314,407) 18,193 (316,771) Notes to interim financial statements form an integral part of these statements. “UNAUDITED” “REVIEWED” N.C. HOUSING PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF CASH FLOWS (CONT.) FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2021 In Thousand Baht Consolidated Financial Statements Separate Financial Statements 0000 0000 0000 2020 Net increase (decrease) in cash and cash equivalents 53,235 29,939 49,692 29,894 Cash and cash equivalents, beginning of period 64,808 27,210 57,072 19,195 Cash and cash equivalents, end of period 118,043 57,149 106,764 49,089 Supplemental disclosures of cash flows information 1) Cash and cash equivalents consisted of : Cash on hand 907 784 484 669 Cash at bank 117,136 56,365 106,280 48,420 Total 118,043 57,149 106,764 49,089

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Samples: investor.ncgroup.co.th

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