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”. (Mr. Thanawut Piboonsawat) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 ASSETS Thousand Baht As at June As at December Note 30, 2021 31, 2020 Current assets Cash and cash equivalents 122,407 110,738 Trade and other current receivables 5 190,265 149,479 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - Other current assets 278 496 Total current assets 544,323 526,492 Non-current assets Restricted deposits with financial institution 8 3,029 3,025 Property, plant and equipment 10 260,060 223,434 Right-of-use assets 11 69,057 72,771 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 568 467 Total non-current assets 348,774 316,390 TOTAL ASSETS 893,097 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total current liabilities 139,972 114,553 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee benefit 5,429 4,959 Total non-current liabilities 61,063 70,583 TOTAL LIABILITIES 201,035 185,136 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated Legal reserve 17 14,310 12,663 Unappropriated 78,995 46,326 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 Revenues Revenues from sale 219,731 166,028 404,556 327,944 Other income 4.4 4,402 142 8,927 2,531 Total revenues 224,133 166,170 413,483 330,475 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 Administrative expenses 4.4 15,861 16,727 31,688 31,680 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 Profit before income tax expense 46,273 22,136 81,711 44,540 Income tax expense 19 9,096 4,814 16,111 9,575 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:
Appears in 1 contract
Samples: sft.listedcompany.com
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 COMPARATIVE STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2011 I have previously audited the financial statements for the year ended December 31, 2011 of Hot Pot Public Company Limited in accordance with generally accepted auditing standards and expressed an unqualified opinion on those statements in my report dated February 28, 2012. The statement of financial position as at December 31, 2011, presented herewith for comparative purposes, was a part of the financial statements referred to above. I have not performed any auditing procedures since that date. Dharmniti Auditing Company Limited Bangkok, Thailand May 11, 2012 2012/607/0250 (Mr. Thanawut PiboonsawatXxxx Xxxxxxx Wongsri-Udomporn) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 4996 ASSETS Thousand Baht Note As at June March 31, 2012 As at December Note 30, 2021 31, 2020 Current assets 2011 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 5 56,889,848 17,883,604 Trade and other current receivables 5 190,265 149,479 accounts receivable 6 6,280,009 1,821,983 Other accounts receivable 8,171,035 7,965,418 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - 29,216,585 41,040,674 Other current assets 278 496 Total current assets 544,323 526,492 Non8 31,578,334 31,996,682 TOTAL CURRENT ASSETS 132,135,811 100,708,361 NON-current assets Restricted deposits with financial institution 8 3,029 3,025 CURRENT ASSETS Property, plant and equipment 9 404,518,209 385,431,137 Leasehold rights 10 260,060 223,434 Right-of-use 109,693,221 113,112,081 Intangible assets 11 69,057 72,771 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non10,900,900 9,965,061 Refundable deposits and others 23 95,184,920 91,816,822 TOTAL NON-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 568 467 Total non-current assets 348,774 316,390 CURRENT ASSETS 620,297,250 600,325,101 TOTAL ASSETS 893,097 842,882 752,433,061 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total current liabilities 139,972 114,553 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee benefit 5,429 4,959 Total non-current liabilities 61,063 70,583 TOTAL LIABILITIES 201,035 185,136 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated Legal reserve 17 14,310 12,663 Unappropriated 78,995 46,326 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 Revenues Revenues from sale 219,731 166,028 404,556 327,944 Other income 4.4 4,402 142 8,927 2,531 Total revenues 224,133 166,170 413,483 330,475 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 Administrative expenses 4.4 15,861 16,727 31,688 31,680 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 Profit before income tax expense 46,273 22,136 81,711 44,540 Income tax expense 19 9,096 4,814 16,111 9,575 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:
Appears in 1 contract
Samples: Hot Pot 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 August 7, 2020 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 ASSETS Thousand Baht As at June As at December Note 30, 2021 31, 2020 Current assets Cash and cash equivalents 122,407 110,738 34,248 4,900 Trade and other current receivables 5 190,265 149,479 5.3, 6 119,239 101,206 Inventories 6 159,160 115,779 Other current financial 7 121,202 124,159 Current tax assets 7 70,000 150,000 Derivative assets 21 2,213 - 71 71 Other current assets 278 496 357 426 Total current assets 544,323 526,492 Non275,117 230,762 on-current assets Restricted deposits with financial institution Fixed deposit used for pledge 8 3,029 3,025 Property, plant 3,021 3,007 Other long-term investment 9 - 1,200 Leasehold improvements and equipment 10 260,060 223,434 161,555 172,553 Right-of-use assets 11 69,057 72,771 78,838 - Intangible assets 12 4,846 4,870 4,975 4,947 Deferred tax assets 3,320 4,405 3,776 3,186 Deferred molds 6,694 6,218 mold 13 6,153 9,462 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 - Other non-current assets 568 467 346 174 Total non-current assets 348,774 316,390 TOTAL 259,864 194,529 OTAL ASSETS 893,097 842,882 534,981 425,291 Current assets ASSETS Thousand Baht As at June As at December 30, 2020 31, 2019 (Reclassified) Note (Note 25) N T Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 2020 31, 2020 2019 (Reclassified) Note (Note 25) Current liabilities Short-term loans from financial institutions 13 - 3,146 14 46,648 41,043 Trade and other current payables 4.35.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 15 117,142 77,911 Current portion of long-terms loans from financial institution 15 18,333 11,667 16 15,240 18,096 Current portion of lease liabilities 4.3, 16 12,350 11,693 17 12,181 3,791 Corporate income tax payable 4,527 1,638 3,287 - Derivative liabilities 4 1,963 - Total current liabilities 139,972 114,553 196,461 140,841 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 institution 16 60,410 48,030 Lease liabilities 4.35.3, 16 55,634 57,291 17 62,627 4,298 Non-current provisions for employee benefit 5,429 4,959 4,506 4,053 Total non-current liabilities 61,063 70,583 127,543 56,381 TOTAL LIABILITIES 201,035 185,136 324,004 197,222 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 2020 31, 2020 2019 (Reclassified) Note (Note 25) Shareholders' equity Share capital 18 Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 10,000,000 ordinary shares, Baht 10.00 each 100,000 Issued and paid-up share capital 440,000,000 320,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on 160,000 10,000,000 ordinary shares 378,757 378,757 shares, Baht 10.00 each 100,000 Retained earnings 19 Appropriated Legal reserve 17 14,310 12,663 19 10,811 4,926 Unappropriated 78,995 46,326 40,166 123,143 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 210,977 228,069 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 534,981 425,291 Notes to the interim financial statements form an integral part of these interim financial statements. FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 2020 Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, 2020 2019 2020 2019 Note 2021 2020 2021 2020 (Restated) (Note 22) (Restated) (Note 22) Revenues Revenues from sale 219,731 5.4 166,028 404,556 156,266 327,944 294,618 Other income 4.4 4,402 142 8,927 140 2,531 328 Total revenues 224,133 166,170 413,483 156,406 330,475 294,946 Expenses Cost of sales 4.4 152,335 5.4 118,505 281,299 112,807 236,188 215,242 Distribution costs 4.4 8,239 6,412 15,962 6,393 12,963 12,345 Administrative expenses 4.4 15,861 5.4 16,727 31,688 11,891 31,680 23,951 Total expenses 176,435 141,644 328,949 131,091 280,831 251,538 Profit from operationg activities 47,698 24,526 84,534 25,315 49,644 43,408 Finance costs 4.4 1,425 5.4 2,390 2,823 1,863 5,104 3,172 Profit before income tax expense 46,273 22,136 81,711 23,452 44,540 40,236 Income tax expense 19 9,096 21 4,814 16,111 4,717 9,575 8,089 Profit for the period 37,177 17,322 65,600 18,735 34,965 32,147 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 18,735 34,965 32,147 Earnings per share (Baht) 22 Basic earnings per share 20 0.08 0.07 0.15 0.09 0.16 0.18 Notes to the interim financial statements form an integral part of these interim financial statements. FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2020 Thousand Baht Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital on ordinaryshares shares capital Appropriated Unappropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 shareholders' equity Beginning balance as at January 1, 2020 2019 55,000 - 166,824 221,824 Increase in share capital 45,000 - - 45,000 Legal reserve - 3,747 (3,747) - Dividend paid - - (71,200) (71,200) Total comprehensive income for the period Profit for the period - - 32,147 32,147 Ending balance as at June 30, 2020 2019 100,000 3,747 124,024 227,771 Beginning balance as at January 1, 2021 2020 100,000 4,926 123,143 228,069 The effect of change in accounting policies 4 - - (257) (257) Beginning balance as at January 1, 2020 - as restated 100,000 4,926 122,886 227,812 Increase in share capital 18 60,000 - - 60,000 Legal reserve 19 - 5,885 (5,885) - Dividend paid 19 - - (111,800) (111,800) Total comprehensive income for the period Profit for the period - - 34,965 34,965 Ending balance as at June 30, 2021 2020 160,000 10,811 40,166 210,977 Notes to the interim financial statements form an integral part of these interim financial statements. (Note 25) Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 32,147 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 15,614 Bad debt and expected credit losses doubtful debts (reversal) (123) 202 1,271 Loss on declining in value of inventories (reversal) (639) 1,661 3,240 (Gain) loss on disposal of equipment 11 (668) (Gain) 11 loss on disposal of intangible assets - 126 Unrealized (gain) loss on exchange rate (5,477) 304 1,038 Employee benefit expense 470 453 234 Interest income (64732) (3239) Interest expense 2,256 4,814 2,940 Income tax expense 16,111 9,575 8,089 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 64,652 (Increase) decrease in operating assets Trade and other current receivables (26,720) receivable (18,804) (22,232) Inventories (42,742) 1,296 3,210 Other current assets 219 69 (54) Deferred molds Other non-current assets mold 3,309 (1,383) Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash payable -2,273 -1,674 Xxxx received from operations 49,118 57,945 42,519 Income tax expense paid (12,148) (6,783) -6,783 -7,460 Net cash provided by operating activities 36,970 51,162 35,059 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 (Note 25) Cash flows from investing activities (Increase) decrease in restricted fixed deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - used for pledge -13 -15 Cash payments for purchase of property, plant leasehold improvements and equipment (60,403) (20,153) -20,153 -51,000 Cash receipts from disposal of equipment 122 8 61 Cash payments for purchase of intangible asset (338) (368) -368 -308 Interest income received 415 36 39 Net cash provided by (used in) in investing activities 19,792 (20,490) -20,490 -51,223 Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 -2,530 Cash receipts from long-term loans from financial institution - 20,000 57,790 Cash payments for long-term loans from financial institution (1,667) (10,476) -10,476 -4,992 Cash payments for repayment of lease liabilities (6,750) (6,098) -6,098 -1,581 Cash receipts from increase in share capital - 60,000 45,000 Dividend paid (31,28267,000) (67,00064,872) Interest expense paid (2,2614,895) (4,8952,721) Net cash provided by (used in in) financing activities (45,093) (1,324) 26,094 Net increase (decrease) in cash and cash equivalents 11,669 29,348 9,930 Cash and cash equivalents - beginning of period 110,738 4,900 9,981 Cash and cash equivalents - ending of period 122,407 34,248 19,911 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 (Note 25) Supplement disclosure for cash flows information:
Appears in 1 contract
Samples: sft.listedcompany.com
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 OTHER MATTER The statement of financial position of Xxxx Engineering Solutions Public Company Limited as at December 31, 2016, presented herewith for comparative information was audited by another auditor and expressed an unqualified opinion in report dated February 24, 2017. The statement of comprehensive income, changes in shareholder’s equity and cash flows for the three-month period ended March 31, 2016, presented herewith for comparative information, were reviewed by another auditor and stated that nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with the accounting standards No. 34 “Interim Financial Reporting”, whose report dated May 13, 2016. (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9May 12, 2021 2017 ASSETS Note Thousand Baht As at June March As at December Note 30, 2021 31, 2020 Current assets 2017 31, 2016 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 25,154 35,866 Temporary investments 5 337,694 265,179 Trade and other current receivables 5 190,265 149,479 6 265,481 291,317 Current portion of finance lease receivables 7 9,566 10,017 Unbilled receivables 10,008 7,140 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - 8 261,871 237,566 Other current assets 278 496 Total current assets 544,323 526,492 Non540 750 TOTAL CURRENT ASSETS 910,314 847,835 NON-current assets Restricted deposits with financial institution 8 3,029 3,025 Property, plant and equipment CURRENT ASSETS General investment 242 242 Long-term finance lease receivables 7 9,040 10,044 Equipment 9 39,210 41,565 Goodwill 10 260,060 223,434 Right-of-use assets 334,672 334,672 Customer relationship 11 69,057 72,771 99,309 102,983 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 26,095 26,749 Other non-current assets 568 467 Total non16,551 15,761 TOTAL NON-current assets 348,774 316,390 CURRENT ASSETS 525,119 532,016 TOTAL ASSETS 893,097 842,882 1,435,433 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. statements As at June March As at December Note 30, 2021 31, 2020 Current liabilities 2017 31, 2016 CURRENT LIABILITIES Trade and other payables 13 201,774 176,566 Income tax payable 20,168 12,873 Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total provisions 885 168 Other current liabilities 139,972 114,553 Non4,608 4,641 TOTAL CURRENT LIABILITIES 227,435 194,248 NON-current CURRENT LIABILITIES Deferred tax liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee 16,048 18,957 Employee's benefit 5,429 4,959 Total obligations 12,422 13,910 Other non-current liabilities 61,063 70,583 15,784 15,097 TOTAL NON-CURRENT LIABILITIES 44,254 47,964 TOTAL LIABILITIES 201,035 185,136 271,689 242,212 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Shareholdersstatements SHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 Note As at March As at December 31, 2017 31, 2016 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 292,250 292,250 Issued and paid-up share capital 440,000,000 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 Share premium 292,250 292,250 Premium on ordinary shares 378,757 378,757 776,416 776,416 Retained earnings Appropriated Legal reserve 17 14,310 12,663 13,867 13,867 Unappropriated 78,995 46,326 81,211 55,106 TOTAL SHAREHOLDERS' ’ EQUITY 692,062 657,746 1,163,744 1,137,639 TOTAL LIABILITIES AND SHAREHOLDERS' ’ EQUITY 893,097 842,882 1,435,433 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2017 Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 2017 2016 Revenues Revenues from sale 219,731 166,028 404,556 327,944 sales 269,366 132,974 Revenue from rendering of services 23,436 28,633 Other income 4.4 4,402 142 8,927 2,531 5,033 5,270 Total revenues 224,133 166,170 413,483 330,475 297,835 166,877 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 192,274 100,587 Cost of rendering of services 20,293 25,997 Selling expenses 20,178 8,856 Administrative expenses 4.4 15,861 16,727 31,688 31,680 34,062 14,391 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 266,807 149,831 Profit before income tax expense 46,273 22,136 81,711 44,540 expenses 31,028 17,046 Income tax expense 19 9,096 4,814 16,111 9,575 expenses 4,923 3,614 Profit for the period 37,177 17,322 65,600 34,965 26,105 13,432 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 26,105 13,432 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 (Baht per share) 15 0.04 0.04 Weighted average number of ordinary shares (shares) 584,500,000 350,000,000 Notes to the interim financial statements form an integral part of these interim financial statements. statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2017 Thousand Baht Issued and Share premium Thousand Baht Premium Retained earnings Total Note paid-up sharescapital share capital on ordinaryshares ordinary shares Appropriated Legal legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 shareholders' equity Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid 2016 175,000 218,306 11,840 46,651 451,797 Total comprehensive income for the period Profit for the period - - - 13,432 13,432 Ending balance as at June 30March 31, 2020 2016 175,000 218,306 11,840 60,083 465,229 Beginning balance as at January 1, 2021 Legal reserve Dividend paid 2017 292,250 776,416 13,867 55,106 1,137,639 Total comprehensive income for the period - - - 26,105 26,105 Ending balance as at March 31, 2017 292,250 776,416 13,867 81,211 1,163,744 Notes to the interim financial statements form an intergral part of these statements STATEMENT OF CASH FLOWS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2017 Baht 2017 2016 Cash flows from operating activities Profit for the period Ending balance as at June 30, 2021 26,105 13,432 Allowance for doubtful account (reversal) (792) 13 Depreciation and amortization 3,899 1,173 Amortization of customer relationship 3,674 - Loss on devaluation of inventories 1,459 971 (Gain) loss on disposals of fixed assets - 219 Unrealized (gain) loss on exchange rate (1,465) 88 (Gain) loss on disposals of investment (1,170) 222 Unrealized (gain) loss on revaluation of temporary investments 813 (6,294) Interest income (5) (6) Dividend income - (89) Employee's benefit expenses 413 270 Income tax expense 4,923 3,614 Profit from operating before changes in operating assets and liabilities (Increase) decrease in operating assets 37,854 13,613 Trade and other receivables 26,592 (13,815) Finance lease receivables 1,455 - Unbilled receivables (2,868) (3,763) Inventories (25,872) 16,509 Other current assets 210 1,452 Other non-current assets (790) (184) Trade and other payables 27,765 (33,084) Other current liabilities (33) (2,246) Employee's benefit obligations (1,901) - Other non-current liabilities 687 219 Xxxx received (paid) from operating 63,099 (21,299) Income tax paid (538) (296) Net cash provided by (used in) operating activities 62,561 (21,595) Adjustment to reconcile profit (loss) for the period to net cash provided by (used in) operating activities : Increase (decrease) in operating liabilities Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF CASH FLOWS (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2017 Baht 2017 2016 Cash flows from operating investing activities 2021 2020 Profit Cash receipts from temporary investments (72,158) 14,693 Cash payments for the period 65,600 34,965 Reconciliations deposit at financial institution used as collateral - (2,393) Cash payments for purchases of profit equipment (448) (200) Cash receipts from disposal of equipment - 443 Cash payments for the period to purchase of intangible asset (672) (2,880) Interest received 5 3 Dividends received - 89 Net cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses investing activities (reversal73,273) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase 9,755 Net increase (decrease) in operating liabilities cash and cash equivalents (47610,712) (92) 3,309 - Trade and other current payables 17,892 (2,27311,840) Cash received and cash equivalents at beginning of period 35,866 28,184 Cash and cash equivalents at end of period 25,154 16,344 Supplementaly disclosures of cash flows information : Non-Cash transaction Liabilities incurred from operations 49,118 57,945 Income tax expense paid acquisition of fixed assets and intangible assets Liabilities incurred from acquisition of fixed assets and intangible assets as at January 1, 670 - Inventories transferred to fixed asset (12,148107) - Add Purchases of fixed assets and intangible assets 926 3,952 Less Cash payments (1,120) (6,7833,080) Net cash provided by operating activities 36,970 51,162 Liabilities incurred from acquisition of fixed assets and intangible assets as at March 31, 369 872 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of propertystatements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED NOTES TO THE INTERIM FINANCIAL STATEMENTS MARCH 31, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:2017
Appears in 1 contract
Samples: Harn Engineering Solutions
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. (Mr. Thanawut Piboonsawat) Certified *****/2 COMPARATIVE STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2011 I have previously audited the financial statements for the year ended December 31, 2011 of Hot Pot Public Accountant Registration NoCompany Limited in accordance with generally accepted auditing standards and expressed an unqualified opinion on those statements in my report dated February 28, 2012. 6699 The statement of financial position as at December 31, 2011, presented herewith for comparative purposes, was a part of the financial statements referred to above. I have not performed any auditing procedures since that date. Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 2012 2012/856/0250 (Xxxx Xxxxxxx Wongsri-Udomporn) Certified Public Accountant Registration No. 4996 ASSETS Thousand Baht Note As at June 30, 2012 As at December Note 30, 2021 31, 2020 Current assets 2011 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 5 14,714,690 17,883,604 Trade and other current receivables 5 190,265 149,479 accounts receivable 6 1,710,304 1,821,983 Other accounts receivable 10,410,970 7,965,418 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - 27,345,535 41,040,674 Other current assets 278 496 Total current assets 544,323 526,492 Non8 35,958,044 31,996,682 TOTAL CURRENT ASSETS 90,139,543 100,708,361 NON-current assets Restricted deposits with financial institution 8 3,029 3,025 CURRENT ASSETS Property, plant and equipment 9 428,344,944 385,431,137 Leasehold rights 10 260,060 223,434 Right-of-use 105,476,686 113,112,081 Intangible assets 11 69,057 72,771 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non8,999,205 9,965,061 Refundable deposits and others 23 98,302,063 91,816,822 TOTAL NON-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 568 467 Total non-current assets 348,774 316,390 CURRENT ASSETS 641,122,898 600,325,101 TOTAL ASSETS 893,097 842,882 731,262,441 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total current liabilities 139,972 114,553 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee benefit 5,429 4,959 Total non-current liabilities 61,063 70,583 TOTAL LIABILITIES 201,035 185,136 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated Legal reserve 17 14,310 12,663 Unappropriated 78,995 46,326 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 Revenues Revenues from sale 219,731 166,028 404,556 327,944 Other income 4.4 4,402 142 8,927 2,531 Total revenues 224,133 166,170 413,483 330,475 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 Administrative expenses 4.4 15,861 16,727 31,688 31,680 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 Profit before income tax expense 46,273 22,136 81,711 44,540 Income tax expense 19 9,096 4,814 16,111 9,575 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:
Appears in 1 contract
Samples: Hot Pot 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 9, 2022 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok"UNAUDITED" "REVIEWED" SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, Thailand August 9, 2021 2022 ASSETS Thousand Baht As at June March As at December Note 3031, 2022 31, 2021 31, 2020 Current assets Cash and cash equivalents 122,407 110,738 74,904 99,104 Trade and other current receivables 5 190,265 149,479 200,443 172,243 Inventories 6 159,160 115,779 201,498 216,957 Other current financial assets asset 7 70,000 150,000 70,589 70,589 Derivative assets 21 2,213 - 20 1,279 200 Other current assets 278 496 2,572 1,386 Total current assets 544,323 526,492 551,285 560,479 Non-current assets Restricted deposits with financial institution 8 3,029 3,025 Property, plant and equipment 10 260,060 223,434 9 309,317 294,067 Right-of-use assets 11 69,057 72,771 10 69,309 73,426 Intangible assets 12 4,846 4,870 11 5,650 5,032 Deferred tax assets 3,320 4,405 4,560 4,649 Deferred molds 6,694 6,218 4,441 4,390 Non-current non-cash financial asset pledged as collateral 9 8 1,200 1,200 Other non-current assets 568 467 1,333 549 Total non-current assets 348,774 316,390 395,810 383,313 TOTAL ASSETS 893,097 842,882 947,095 943,792 "UNAUDITED" Notes to the interim financial statements form an integral part of these interim financial statements. "REVIEWED" SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2022 LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at June March As at December Note 3031, 2022 31, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 12 - 3,146 8,039 Trade and other current payables 4.3, 14 104,762 82,909 13 110,322 107,508 Derivative liabilities 21 20 - 3,500 47 Current portion of long-terms loans from financial institution 15 18,333 11,667 14 3,333 8,333 Current portion of lease liabilities 4.3, 16 12,350 11,693 15 13,297 13,562 Corporate income tax payable 4,527 1,638 2,877 2,877 Total current liabilities 139,972 114,553 129,829 140,366 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 15 56,108 59,274 Non-current provisions for employee benefit 5,429 4,959 6,436 6,124 Total non-current liabilities 61,063 70,583 62,544 65,398 TOTAL LIABILITIES 201,035 185,136 192,373 205,764 "UNAUDITED" "REVIEWED" Notes to the interim financial statements form an integral part of these interim financial statements. SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2022 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Thousand Baht As at June March As at December Note 3031, 2022 31, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated Legal reserve 17 14,310 12,663 16 19,897 19,897 Unappropriated 78,995 46,326 136,068 119,374 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 754,722 738,028 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 947,095 943,792 Notes to the interim financial statements form an integral part of these interim financial statements. "UNAUDITED" "REVIEWED" SHRINKFLEX THAILAND PUBLIC COMPANY LIMITED STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2022 Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2022 2021 2020 2021 2020 Revenues Revenues from sale 219,731 166,028 404,556 327,944 Gain on exchange rates Other income 4.4 4,402 142 8,927 2,531 Total revenues 224,133 166,170 413,483 330,475 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 Administrative expenses 4.4 15,861 16,727 31,688 31,680 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 Profit before income tax expense 46,273 22,136 81,711 44,540 Income tax Tax expense 19 9,096 4,814 16,111 9,575 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:199,942 1,352 329 201,623 184,825 3,985 540 189,350 Note
Appears in 1 contract
Samples: sft.listedcompany.com
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 OTHER MATTER The statement of financial position of Xxxx Engineering Solutions Public Company Limited as at December 31, 2016, presented herewith for comparative information was audited by another auditor and expressed an unqualified opinion in report dated February 24, 2017. The statement of comprehensive income for the three-month and nine-month periods ended September 30, 2016, changes in shareholder’s equity and cash flows for the nine-month period ended September 30, 2016, presented herewith for comparative information, were reviewed by another auditor and stated that nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with the accounting standards No. 34 “Interim Financial Reporting”, whose report dated November 11, 2016. (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9November 10, 2021 2017 ASSETS Note Thousand Baht As at June September As at December Note 30, 2021 2017 31, 2020 Current assets 2016 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 35,164 35,866 Temporary investments 5 232,049 265,179 Trade and other current receivables 5 190,265 149,479 6 319,635 291,317 Current portion of finance lease receivables 7 9,028 10,017 Unbilled receivables 16,257 7,140 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - 8 299,974 237,566 Other current assets 278 496 Total current assets 544,323 526,492 Non317 750 TOTAL CURRENT ASSETS 912,424 847,835 NON-current assets Restricted deposits with financial institution 8 3,029 3,025 Property, plant and equipment CURRENT ASSETS General investment 242 242 Long-term finance lease receivables 7 8,996 10,044 Equipment 9 38,269 41,565 Goodwill 10 260,060 223,434 Right-of-use assets 334,672 334,672 Customer relationship 11 69,057 72,771 91,838 102,983 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 28,048 26,749 Other non-current assets 568 467 Total non16,864 15,761 TOTAL NON-current assets 348,774 316,390 CURRENT ASSETS 518,929 532,016 TOTAL ASSETS 893,097 842,882 1,431,353 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. statements As at June September As at December Note 30, 2021 2017 31, 2020 Current liabilities 2016 CURRENT LIABILITIES Trade and other payables 13 198,719 176,566 Income tax payable 8,385 12,873 Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total provisions 476 168 Other current liabilities 139,972 114,553 Non4,423 4,641 TOTAL CURRENT LIABILITIES 212,003 194,248 NON-current CURRENT LIABILITIES Deferred tax liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee 14,062 18,957 Employee's benefit 5,429 4,959 Total obligations 13,248 13,910 Other non-current liabilities 61,063 70,583 15,992 15,097 TOTAL NON-CURRENT LIABILITIES 43,302 47,964 TOTAL LIABILITIES 201,035 185,136 255,305 242,212 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Shareholdersstatements SHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 Note As at September As at December 30, 2017 31, 2016 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 292,250 292,250 Issued and paid-up share capital 440,000,000 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 Share premium 292,250 292,250 Premium on ordinary shares 378,757 378,757 776,416 776,416 Retained earnings Appropriated Legal reserve 17 14,310 12,663 13,867 13,867 Unappropriated 78,995 46,326 93,515 55,106 TOTAL SHAREHOLDERS' ’ EQUITY 692,062 657,746 1,176,048 1,137,639 TOTAL LIABILITIES AND SHAREHOLDERS' ’ EQUITY 893,097 842,882 1,431,353 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. statements Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 2017 2016 Revenues Revenues from sale 219,731 166,028 404,556 327,944 sales 302,723 158,442 Revenue from rendering of services 41,963 20,179 Other income 4.4 4,402 142 8,927 2,531 3,055 1,088 Total revenues 224,133 166,170 413,483 330,475 347,741 179,709 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 206,122 117,356 Cost of rendering of services 39,436 16,433 Selling expenses 22,329 8,413 Administrative expenses 4.4 15,861 16,727 31,688 31,680 37,181 21,611 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 305,068 163,813 Profit before income tax expense 46,273 22,136 81,711 44,540 expenses 42,673 15,896 Income tax expense 19 9,096 4,814 16,111 9,575 expenses 8,771 3,103 Profit for the period 37,177 17,322 65,600 34,965 33,902 12,793 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 33,902 12,793 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 (Baht per share) 16 0.06 0.04 Weighted average number of ordinary shares (shares) 584,500,000 350,000,000 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2017 Thousand Baht Retained earnings Note 2017 2016 Revenues Revenues from sales 864,744 401,117 Revenue from rendering of services 101,011 59,846 Other income 11,208 11,452 Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 revenues 976,963 472,415 Expenses Cost of sales 600,299 299,801 Cost of rendering of services 93,069 54,142 Selling expenses 65,517 24,520 Administrative expenses 105,462 58,287 Total expenses 864,347 436,750 Profit before income tax expenses 112,616 35,665 Income tax expenses 21,602 7,057 Profit for the period 91,014 28,608 Other comprehensive income for the period - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 91,014 28,608 Earnings per share Basic earnings per share (Baht per share) 16 0.16 0.08 Weighted average number of ordinary shares (shares) 584,500,000 350,000,000 Notes to the interim financial statements form an integral part of these statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2017 Thousand Baht Issued and Premium Retained earnings Total Note paid-up share capital on ordinary shares Appropriated legal reserve Unappropriated shareholders' equity Beginning balance as at January 1, 2016 175,000 218,306 11,840 46,651 451,797 Dividend - - - (35,000) (35,000) Total comprehensive income for the period - - - 28,608 28,608 Ending balance as at September 30, 2016 175,000 218,306 11,840 40,259 445,405 Beginning balance as at January 1, 2017 292,250 776,416 13,867 55,106 1,137,639 Dividend 14 - - - (52,605) (52,605) Total comprehensive income for the period - - - 91,014 91,014 Ending balance as at September 30, 2017 292,250 776,416 13,867 93,515 1,176,048 Notes to the interim financial statements. statements form an intergral part of these statements STATEMENT OF CASH FLOWS FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2017 Baht 2017 2016 Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations 91,014 28,608 Bad debt and allowance for doubtful account (reversal) (1,323) 58 Depreciation and amortization Amortization of customer relationship Loss on devaluation of inventories 11,872 11,145 4,378 3,564 - 1,136 (Gain) loss on disposals of fixed assets 378 227 Unrealized (gain) loss on exchange rate 120 (335) (Gain) loss on disposals of investment (4,133) 1,798 Unrealized (gain) loss on revaluation of temporary investments 2,470 (6,845) Interest income (47) (34) Dividend income (793) (395) Employee's benefit expenses 1,239 688 Income tax expense 21,602 7,057 rofit from operating before changes in operating assets and liabilities (Increase) decrease in operating assets 137,922 35,527 Trade and other receivables (26,995) (52,362) Finance lease receivables 2,037 - Unbilled receivables (9,117) 3,721 Inventories (71,505) (2,866) Other current assets Other non-current assets Trade and other payables 433 (1,103) 18,864 1,689 210 22,048 Short-term provisions 308 105 Other current liabilities Employee's benefit obligations (218) (1,901) (1,660) - Adjustment to reconcile profit (loss) for the period to net cash provided by (used in) operating activitiesactivities : Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets P Increase (decrease) in operating liabilities Other non-current liabilities 895 411 Xxxx received (476paid) from operating 49,620 6,823 Income tax paid (30,985) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,7836,552) Net cash provided by (used in) operating activities 36,970 51,162 18,635 271 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 statements STATEMENT OF CASH FLOWS (CONT.) FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2017 Baht 2017 2016 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - temporary investments 34,793 24,897 Cash payments for purchase purchases of property, plant and equipment (60,4031,894) (20,153488) Cash Xxxx receipts from disposal of equipment 122 8 582 444 Cash payments for purchase of intangible asset (3381,053) (3683,660) Interest income received 415 36 47 34 Dividends received 793 395 Net cash provided by (used in) investing activities 19,792 (20,490) 33,268 21,622 Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,28252,605) (67,000) Interest expense paid (2,261) (4,89535,000) Net cash used in financing activities (45,09352,605) (1,32435,000) Net increase (decrease) in cash and cash equivalents 11,669 29,348 (702) (13,107) Cash and cash equivalents at beginning of period 35,866 28,184 Cash and cash equivalents at end of period 35,164 15,077 Supplementaly disclosures of cash flows information : Non-Cash transaction Liabilities incurred from acquisition of fixed assets and intangible assets Liabilities incurred from acquisition of fixed assets and intangible assets - beginning of period 110,738 4,900 670 - Inventories transferred to fixed asset (5,505) (20) Add Purchases of fixed assets and intangible assets 11,622 4,148 Less Cash payments (2,947) (4,128) Liabilities incurred from acquisition of fixed assets and cash equivalents intangible assets - ending of period 122,407 34,248 3,840 - Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED NOTES TO THE INTERIM FINANCIAL STATEMENTS SEPTEMBER 30, 2017
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Samples: Commitments and Contingent
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 EMPHASIS MATTERS I draw attention to Note 21 to the interim financial statements about adjustments of prior period about business combinations. The Group have acquired investments in subsidiaries during the year 2020. The transaction is accounted for as a business combination, the Group have assessed the fair value of net identifiable assets and received liabilities at the acquisition date. The assessment process has been completed in the quarter 4 year 2020. Therefore, the Group have retrospectively adjusted the measuring of the fair value of net identifiable assets on business acquisition date as previously recorded in statement of comprehensive income for the three-month and six-month periods ended June 30, 2020. The comparative information presented herewith has been restated on these matters. My conclusion to the interim financial information is not qualified in respect of these matter. (Mr. Thanawut PiboonsawatMiss Xxxxxxx Xxxxxxxxxxxx) Certified Public Accountant Registration No. 6699 6838 Dharmniti Auditing Company Limited Bangkok, Thailand August 913, 2021 "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT JUNE 30, 2021 ASSETS In Thousand Baht Consolidated financial statements Separate financial statements As at June As at December As at June As at December Note 30, 2021 31, 2020 Current assets 30, 2021 31, 2020 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 325,934 460,507 223,391 254,844 Trade accounts receivable from sales and other services - general companies 6 143,496 155,667 100,669 99,887 - related companies 5, 6 15,939 12,294 2,324 2,828 Other current receivables - general companies 25,524 73,007 1,558 - - related companies 5 190,265 149,479 000 000 000,575 211,527 Trade accounts receivable from construction work 6 - 55,727 - 55,727 Current contract assets 14,398 30,203 14,398 30,203 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 294,880 241,806 151,617 128,138 Advance for purchase of inventories 63,076 80,814 63,076 80,814 Short-term loan to related companies 5 - - 62,937 98,439 Other current assets 278 496 40,093 32,292 16,578 7,898 Total current assets 544,323 526,492 Non-current assets Restricted deposits with financial institution 8 3,029 3,025 Property, plant and equipment 10 260,060 223,434 Right-of-use assets 11 69,057 72,771 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 568 467 Total non-current assets 348,774 316,390 TOTAL ASSETS 893,097 842,882 924,333 1,142,767 854,123 970,305 Notes to the interim financial statements form an integral part of these interim statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT JUNE 30, 2021 ASSETS (CONT.) In Thousand Baht Consolidated financial statements. statements Separate financial statements As at June As at December As at June As at December Note 30, 2021 31, 2020 Current liabilities Short30, 2021 31, 2020 NON-term loans from financial institutions 13 - 3,146 CURRENT ASSETS Restricted deposit with bank 8 5,449 5,449 5,420 5,420 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total current liabilities 139,972 114,553 Nonnon-current liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Nonreceivables 48,790 51,336 48,790 51,336 Other non-current provisions for employee benefit 5,429 4,959 financial assets 9 78,128 78,128 78,128 78,128 Investment - subsidiaries companies 10 - - 245,172 245,172 - associated companies 10 837,388 814,380 163,547 137,227 Property, plant and equipment 11 1,542,356 1,546,232 945,564 930,949 Right-of-use assets 28,177 27,192 10,388 12,151 Other non-current assets 1,628 1,054 388 389 Total non-current liabilities 61,063 70,583 assets 2,541,916 2,523,771 1,497,397 1,460,772 TOTAL LIABILITIES 201,035 185,136 ASSETS 3,466,249 3,666,538 2,351,520 2,431,077 Notes to the interim financial statements form an integral part of these interim statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT JUNE 30, 2021 LIABILITIES AND SHAREHOLDERS' EQUITY In Thousand Baht Consolidated financial statements. statements Separate financial statements As at June As at December As at June As at December Note 30, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares30, Baht 0.50 each 220,000 220,000 Issued 2021 31, 2020 CURRENT LIABILITIES Short-term loans from financial institutions 13 40,000 40,000 - - Short-term loans from related companies 5 47,750 64,550 - - Trade accounts payable - general companies 202,719 177,862 118,032 124,027 Trade and paidother current payables - related companies 5 18,230 28,583 14,781 28,814 Other current payable - general companies 82,125 119,894 68,010 109,484 Current contract liabilities 4,295 5,775 4,295 5,775 Current portion of - Long-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated Legal reserve 17 14,310 12,663 Unappropriated 78,995 46,326 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 term loan from financial institutions 14 5,784 6,984 5,784 5,784 - Lease liabilities 5 9,041 9,028 3,633 3,846 Current provisions for employee benefits 16,681 16,673 16,377 16,377 Other current liabilities 48,814 108,448 46,356 60,326 Total current liabilities 475,439 577,797 277,268 354,433 NON-CURRENT LIABILITIES Long-term loans from financial institutions 14 4,291 70,045 4,291 7,183 Lease liabilities 5 17,864 16,341 7,142 8,636 Non-current provisions for employee benefits 53,748 51,784 33,972 32,616 Defferred tax liabilities 12 34,195 35,621 118 1,046 Other non-current liabilities 52,926 47,514 52,926 47,513 Total non-current liabilities 163,024 221,305 98,449 96,994 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 638,463 799,102 375,717 451,427 Notes to the interim financial statements form an integral part of these interim financial statements. statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL 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 For the three-month period ended For the six-month period ended Consolidated financial statements Separate financial statements As at June As at December As at June As at December Note 30, June 2021 31, 2020 30, Note 2021 31, 2020 2021 2020 Revenues Revenues from sale 219,731 166,028 404,556 327,944 SHAREHOLDERS' EQUITY Share capital - common share at Baht 1 par value - Registered 593,125,849 shares 593,126 593,126 593,126 593,126 - Issued and paid - up 593,125,849 shares 593,126 593,126 593,126 593,126 Premium on ordinary shares 72,404 72,404 72,404 72,404 Retained earnings - Appropriated legal reserve 59,313 59,313 59,313 59,313 - Unappropriated 1,853,645 1,891,520 1,250,960 1,254,807 Other income 4.4 4,402 142 8,927 2,531 Total revenues 224,133 166,170 413,483 330,475 Expenses Cost components of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 Administrative expenses 4.4 15,861 16,727 31,688 31,680 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 Profit before income tax expense 46,273 22,136 81,711 44,540 Income tax expense 19 9,096 4,814 16,111 9,575 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - equity 32,843 32,843 - - Total comprehensive income for shareholder's equity of the period 37,177 17,322 65,600 34,965 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 parent company 2,611,331 2,649,206 1,975,803 1,979,650 Non-controlling interests 216,455 218,230 - - TOTAL SHAREHOLDERS' EQUITY 2,827,786 2,867,436 1,975,803 1,979,650 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 3,466,249 3,666,538 2,351,520 2,431,077 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2021 In Thousand Baht Retained earnings Consolidated financial statements Separate financial statements 0000 0000 0000 2020 Note (Restated) Continued Operation Profit or loss Revenues Sales and services income 5, 16 406,589 418,003 203,713 230,580 Construction income 16 15,468 25,857 15,467 25,857 Total Note paid-up sharescapital revenues 422,057 443,860 219,180 256,437 Cost Cost of sales and services 5, 16 (353,376) (319,491) (156,336) (164,240) Cost of construction 16 (13,662) (19,055) (13,663) (19,056) Total cost (367,038) (338,546) (169,999) (183,296) Gross profit 55,019 105,314 49,181 73,141 Dividend income 5, 9 ,10 4,991 - 22,468 24,033 Other income 5 9,017 15,075 14,738 18,243 Gain on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 foreign exchange rates 1,345 - - 2,866 Profit before expenses 70,372 120,389 86,387 118,283 Selling expenses (40,038) (38,047) (39,839) (33,188) Administrative expenses 5 (51,551) (60,725) (33,425) (35,703) Loss on foreign exchange rates - 60,000 (2,801) (38) - - 5,885 Total expenses (5,88591,589) (101,573) (73,302) (68,891) Profit (loss) from operations (21,217) 18,816 13,085 49,392 Finance costs 5, 16 (802) (5,228) (416) (3,802) Profit (loss) before equity in net income of associated companies (22,019) 13,588 12,669 45,590 Share of profit from investment in associated companies 10 4,262 (3,510) - - - - Profit (111,800loss) before income tax expense (111,80017,757) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 10,078 12,669 45,590 Income tax income (1,647expense) - 17 - - - 528 (31,2841,413) 315 (31,284444) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income Profit (loss) from continued operation for the period (17,229) 8,665 12,984 45,146 Discontinued Operation Profit (loss) from discontinued operation for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income 10.4 - 22,068 - - Profit (loss) for the period Profit for the period Ending balance as at June 30, 2021 (17,229) 30,733 12,984 45,146 Notes to the interim financial statements form an integral part of these interim statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF COMPREHENSIVE INCOME (CONT.) FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2021 In Thousand Baht Consolidated financial statements. Cash flows from operating activities 2021 statements Separate financial statements 0000 0000 0000 2020 (Restated) Profit (loss) attributable for the period 65,600 34,965 Reconciliations Equity Holders of the Company Profit (loss) from continued operation Profit (loss) from discontinued operation (15,710) - (15,710) (2,784) 11,034 8,250 12,984 - 12,984 45,146 - 45,146 Non-controlling interests of the subsidiaries Profit (loss) from continued operation Profit (loss) from discontinued operation Note Other comprehensive income Discontinued Operation Items that will be reclassified subsequently to profit or loss Actuarial gains (loss) on defined employee benefit plan, net of tax Comprehensive income for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest Total comprehensive income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other nonfor the period - -current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:
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Samples: www.siamsteel.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”. (Mr. Thanawut Piboonsawat) Certified Public Accountant Registration No*****/2 Emphasis of Matter I draw attention to Note 3.2 to the interim financial statements. 6699 Due to the impact of COVID- 19 pandemic, in preparing the interim financial information for the three-month and six-month period ended June 30, 2020, the Company and its subsidiaries have adopted the Accounting Guidance on “Temporary relief measures on accounting alternatives in response to the impact of the COVID-19 situation” announced by the Federation of Accounting Professions. My conclusion is not modified in respect of this matter. Dharmniti Auditing Company Limited Bangkok, Thailand August 913, 2021 2020 (Miss Chotima Kitsirakorn) Certified Public Accountant Registration No. 7318 "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION AS AT JUNE 30, 2020 ASSETS In Thousand Baht Consolidated Separate Financial Statements Financial Statements As at June As at December Note As at June As at December Notes 30, 2021 2020 31, 2019 30, 2020 Current assets 31, 2019 7 8 19 6 100,917 - 212,487 11,101,952 297,700 - 18,896 80 5,072 11,737,104 65,928 85 263,052 11,834,385 277,200 - 27,958 - 5,104 12,473,712 60,032 - 1,107,989 8,231,269 297,700 1,159,454 14,380 80 - 10,870,904 42,486 85 1,107,333 8,712,082 277,200 1,228,245 20,443 - - 11,387,874 11 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 Current investment Trade and other current receivables 5 190,265 149,479 Inventories 6 159,160 115,779 Real estate projects under development Deposits for land Short-term loans to related parties Current tax assets Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - Other current assets 278 496 Total current assets 544,323 526,492 NonNON-current assets Restricted deposits with financial institution 8 3,029 3,025 CURRENT ASSETS Deposits at banks used as collateral Investments in subsidiaries Investment properties Property, plant and equipment 10 260,060 223,434 Right-of-use assets 11 69,057 72,771 Prepaid rental expenses Leasehold rights Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Rental deposit Other non-current assets 568 467 Total non-current assets 348,774 316,390 TOTAL ASSETS 893,097 842,882 476,756 - 419,894 381,424 551,236 114,978 1,487,714 11,841 74,658 - 48,496 3,566,997 15,304,101 300,018 - 419,880 411,897 - 119,228 1,375,505 13,965 71,764 60,000 33,353 2,805,610 15,279,322 453,717 316,000 375,624 356,271 545,027 114,978 1,487,714 9,940 34,459 - 32,446 3,726,176 14,597,080 294,008 313,000 375,610 370,194 - 119,228 1,375,505 11,811 30,776 60,000 25,109 2,975,241 14,363,115 13 6 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note "UNAUDITED" "REVIEWED" AREEYA PROPERTY PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF FINANCIAL POSITION (CONT.) AS AT JUNE 30, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total current liabilities 139,972 114,553 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee benefit 5,429 4,959 Total non-current liabilities 61,063 70,583 TOTAL LIABILITIES 201,035 185,136 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated Legal reserve 17 14,310 12,663 Unappropriated 78,995 46,326 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 Revenues Revenues from sale 219,731 166,028 404,556 327,944 Other income 4.4 4,402 142 8,927 2,531 Total revenues 224,133 166,170 413,483 330,475 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 Administrative expenses 4.4 15,861 16,727 31,688 31,680 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 Profit before income tax expense 46,273 22,136 81,711 44,540 Income tax expense 19 9,096 4,814 16,111 9,575 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:2020
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”. *****/2 EMPHASIS OF MATTER I draw attention to the following notes to the interim financial statements as mentioned in Note 2.3 in relation to the restatement of prior period’s financial statements, the Company restated the statements of comprehensive income, cash flows and changes in shareholders’ equity for the three-month periods ended March 31, 2021 presented as comparative figures. The restatement reflects the adjustments and use of accounting policy with respect to revenue recognition on construction contracts. My conclusion is not modified in respect of these matters. Dharmniti Auditing Company Limited Bangkok, Thailand May 13, 2022 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 4752 ASSETS In Thousand Baht Consolidated financial statements Separate financial statements As at June March As at December Note 30As at March As at December Notes 31, 2022 31, 2021 31, 2020 Current assets 2022 31, 2021 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 5 38,665 52,942 1,446 29,689 Trade and other current receivables 5 190,265 149,479 Inventories 4, 6 159,160 115,779 Other current financial 353,278 408,604 210,856 237,712 Contract assets 7 70,000 150,000 Derivative assets 21 2,213 2,525,085 2,285,558 732,634 745,771 Short-term loans to related parties 4 20,068 21,200 - - Advances paid to subcontractors under construction contracts 4 349,169 380,783 19,390 39,095 Inventories 8 1,608 1,608 1,608 1,608 Withholding tax deducted at source 80,872 69,110 53,611 44,804 Other current assets 278 496 36,062 23,835 12,000 9,443 Total current assets 544,323 526,492 Non3,404,807 3,243,640 1,031,545 1,108,122 NON-current assets CURRENT ASSETS Restricted deposits with financial institution 8 3,029 3,025 at banks 9 31,961 31,960 29,111 29,110 Long-term loans to related parties 4 - - - - Investments in subsidiaries 10 - - 477,372 477,372 Investments in associates 11 - - - - Investments in joint ventures 12 133,758 138,889 109,375 109,375 Property, plant and equipment 10 260,060 223,434 13 606,571 619,142 580,458 592,513 Right-of-use assets 11 69,057 72,771 14 16,439 18,465 11,298 12,464 Intangible assets 12 4,846 4,870 10,682 11,179 10,530 11,013 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 26,167 27,304 19,395 19,061 Other non-current assets 568 467 4,708 4,754 1,518 1,564 Total non-current assets 348,774 316,390 830,286 851,693 1,239,057 1,252,472 TOTAL ASSETS 893,097 842,882 4,235,093 4,095,333 2,270,602 2,360,594 Notes to the interim financial statements form an integral part of these interim financial statements. CURRENT LIABILITIES In Thousand Baht Consolidated financial statements Separate financial statements As at June March As at December Note 30As at March As at December Notes 31, 2022 31, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade 2022 31, 2021 Bank overdrafts and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total current liabilities 139,972 114,553 Non-current liabilities Longshort-term loans from financial institutions 15 805,130 796,617 401,363 373,158 Trade and other current payables 4, 16 824,758 780,522 340,066 393,726 Unbilled payable 1,041,403 839,728 250,859 196,380 Contract liabilities 7 821,592 910,993 170,063 217,872 Short-term loans from related person or parties Accounts payable - 8,333 retention under construction contracts 4 32,000 213,071 - 229,606 655,886 26,578 693,000 27,813 Provision for liabilities under construction projects 17 68,497 75,994 59,963 59,226 Current portion of lease liabilities 18 11,688 13,052 6,949 7,349 Income tax payable 1,601 1,278 - - Other current liabilities 6,496 7,769 12,245 16,016 Total current liabilities 3,826,236 3,655,559 1,923,972 1,984,540 NON-CURRENT LIABILITIES Lease liabilities 4.3, 16 55,634 57,291 18 7,121 8,212 5,953 6,763 Non-current provisions for employee benefit 5,429 4,959 benefits 19 63,058 61,266 37,939 37,049 Provision for litigation 24 2,494 2,494 2,494 2,494 Total non-current liabilities 61,063 70,583 72,673 71,972 46,386 46,306 TOTAL LIABILITIES 201,035 185,136 3,898,909 3,727,531 1,970,358 2,030,846 Notes to the interim financial statements form an integral part of these interim financial statements. In Thousand Baht Consolidated financial statements Separate financial statements As at June March As at December Note 30As at March As at December Notes 31, 2022 31, 2021 31, 2020 Shareholders' equity 2022 31, 2021 Share capital Authorized share capital 440,000,000 Registered 9,587,146,838 ordinary shares, shares of Baht 0.50 0.125 each 220,000 220,000 1,198,393 1,198,393 1,198,393 1,198,393 Issued and paid-up share capital 440,000,000 9,587,146,838 ordinary shares, shares of Baht 0.50 0.125 each 220,000 220,000 1,198,393 1,198,393 1,198,393 1,198,393 Share premium on ordinary shares 378,757 378,757 - - - - Other deficit (2,956) (2,956) - - Retained earnings (deficit) Appropriated Legal - statutory reserve 17 14,310 12,663 The Company - - - - Subsidiary 4,108 4,108 - - Unappropriated 78,995 46,326 TOTAL SHAREHOLDERS(849,253) (816,251) (898,149) (868,645) Other components of shareholders' EQUITY 692,062 657,746 equity 17,777 16,118 - - Equity attributable to owners of the Company 368,069 399,412 300,244 329,748 Non-controlling interests of the subsidiaries (31,885) (31,610) - - Total shareholders' equity 336,184 367,802 300,244 329,748 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 4,235,093 4,095,333 2,270,602 2,360,594 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note Notes 2022 2021 2020 (Restated) 2022 2021 2020 Revenues Revenues from sale 219,731 166,028 404,556 327,944 (Restated) REVENUES 4 Construction services income 833,869 1,151,673 288,622 560,802 Other service income 1,318 6,566 - - Sales income 1,600 235 - - Interest income 320 - - - Other income 4.4 4,402 142 8,927 2,531 3,597 8,157 5,009 10,529 Total revenues 224,133 166,170 413,483 330,475 Expenses 840,704 1,166,631 293,631 571,331 EXPENSES Cost of construction services 4 784,277 1,204,790 261,642 650,502 Cost of other services 939 3,204 - - Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 1,222 131 - - Administrative expenses 4.4 15,861 16,727 31,688 31,680 71,308 61,838 50,777 47,910 Total expenses 176,435 141,644 328,949 280,831 857,746 1,269,963 312,419 698,412 Profit (loss) from operationg operating activities 47,698 24,526 84,534 49,644 (17,042) (103,332) (18,788) (127,081) Finance costs 4.4 1,425 2,390 2,823 5,104 cost 4 (9,799) (7,454) (11,049) (9,419) Share of profit (loss) from investments in joint ventures 12.2 (4,898) (1,309) - - Profit (loss) before income tax expense 46,273 22,136 81,711 44,540 expenses (31,739) (112,095) (29,837) (136,500) Income tax expense 19 9,096 4,814 16,111 9,575 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share (Bahtexpenses) Basic earnings per share 20 0.08 0.07 0.15 0.16 (1,706) 1,601 333 12,642 PROFIT (LOSS) FOR THE PERIOD (33,445) (110,494) (29,504) (123,858) Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital Notes 2022 2021 (Restated) 2022 2021 (Restated) Other comprehensive income: Components of other comprehensive income to be reclassified to profit or loss Exchange differences on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 translation of financial statements in foreign currency 1,827 (5,885977) - - Components of other comprehensive income not to be reclassified to profit or loss Actuarial gains - net of income tax - (111,800) (111,800) 22,025 - 30,929 Other comprehensive income for the period - net of income tax 1,827 21,048 - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid 30,929 Total comprehensive income for the period (31,618) (89,446) (29,504) (92,929) Profit for (loss) attributable to: Equity holders of the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Company (33,002) (110,052) (29,504) (123,858) Non-controlling interests of the subsidiaries (443) (442) - - (33,445) (110,494) (29,504) (123,858) Total comprehensive income for attributable to: Equity holders of the period Company (31,343) (89,866) (29,504) (92,929) Non-controlling interests of the subsidiaries (275) 420 - - (31,618) (89,446) (29,504) (92,929) Earnings per share 21 Basic earnings (loss) per share Profit for (loss) attributable to equity holders of the period Ending balance as at June 30, 2021 Company (Baht per share) (0.0034) (0.0115) (0.0031) (0.0129) Notes to the interim financial statements form an integral part of these statements. " UNAUDITED" " REVIEWED " Issued and TRC CONSTRUCTION PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2022 In Thousand Baht Consolidated financial statements Equity attributable to the parent's shareholders Other dificit Retained earnings (deficit) Other components of equity Equity attributable Total Total equity to non-controlling shareholders' paid-up Deficit on Total Appropriated - Statutory reserve Unappropriated Other comprehensive income Total other attributable to interests of equity Balance as at January 1, 2021 Profit (loss) for the period - Restated Other comprehensive income for the period Total comprehensive income for the period Balance as at March 31, 2021 - Restated Balance as at January 1, 2022 Profit (loss) for the period Other comprehensive income for the period Total comprehensive income for the period Balance as at March 31, 2022 of investment in subsidiaries on translation of financial statements in foreign currency comprehensive income from associate shareholders' equity the Company 1,198,393 (2,956) (2,956) - 4,108 (780,890) 16,493 900 17,393 436,048 (29,016) 407,032 - - - - - (110,052) - - - (110,052) (442) (110,494) - - - - - 22,025 (1,839) - (1,839) 20,186 862 21,048 - - - - - (88,027) (1,839) - (1,839) (89,866) 420 (89,446) 1,198,393 (2,956) (2,956) - 4,108 (868,917) 14,654 900 15,554 346,182 (28,596) 317,586 1,198,393 (2,956) (2,956) - 4,108 (816,251) 15,218 900 16,118 399,412 (31,610) 367,802 - - - - - (33,002) - - - (33,002) (443) (33,445) - - - - - - 1,659 - 1,659 1,659 168 1,827 - - - - - (33,002) 1,659 - 1,659 (31,343) (275) (31,618) 1,198,393 (2,956) (2,956) - 4,108 (849,253) 16,877 900 17,777 368,069 (31,885) 336,184 share capital revaluation other deficit The Company Subsidiary Exchange differences Share of other components of shareholders of the subsidiaries Notes to interim financial statements form an integral part of these statements. " UNAUDITED" " REVIEWED " TRC CONSTRUCTION PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2022 In Thousand Baht Separate financial statements Issued and Retained earnings (deficit) Total paid-up share capital Appropriated - Statutory reserve Unappropriated shareholders' equity Balance as at January 1, 2021 1,198,393 - (759,631) 438,762 Profit (loss) for the period - Restated - - (123,858) (123,858) Other comprehensive income for the period - - 30,929 30,929 Total comprehensive income for the period - - (92,929) (92,929) Balance as at March 31, 2021 - Restated 1,198,393 - (852,560) 345,833 Balance as at January 1, 2022 1,198,393 - (868,645) 329,748 Profit (loss) for the period Other comprehensive income for the period - - (29,504) - - - (29,504) - Total comprehensive income for the period - - (29,504) (29,504) Balance as at March 31, 2022 1,198,393 - (898,149) 300,244 Notes to interim financial statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2022 2021 2022 2021 (Restated) (Restated) Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of (loss) before tax (31,739) Adjustments to reconcile profit for the period (loss) before tax (112,095) (29,837) (136,500) to net cash provided by (used inpaid from) operating activities: activities Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses amortisation 17,104 18,540 15,039 15,087 Unrealised (reversalgain) loss on exchange rate 7 (12321) 202 Loss on declining in value of inventories 7 (reversal21) (639) 1,661 (Gain) loss on disposal of equipment (33) (94) - (93) (Gain) loss from cancellation of lease agreement - (52) - (66) 11 Unrealized Share of (gainprofit) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 from investments in joint venture 5,131 1,236 - - Provision for liabilities under construction projects 1,500 138,466 1,500 138,466 Non-current provisions for employee benefits 3,573 3,284 2,671 2,317 Interest income (647320) - - - Interest expenses 9,799 7,454 11,049 9,419 Profit (32loss) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by from operating activities before changes in operating assets and liabilities 101,037 74,348 5,022 56,730 429 28,621 (Increase) decrease in operating assets Trade and other current receivables 55,646 (26,72061,741) 26,856 (48,405) Contract assets (239,527) (18,804379,275) 13,137 (137,835) Advance paid to subcontractors under construction contracts 31,614 119,015 19,705 129,186 Inventories - (42,74220,353) 1,296 - - Other current assets 219 69 Deferred molds Other non-current assets Increase (decrease) in operating liabilities (47612,227) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,1488,153) (6,7832,557) Net cash provided by operating activities 36,970 51,162 (4,734) Notes to the interim financial statements form an integral part of these interim financial statements. Consolidated financial statements Separate financial statements 2022 2021 2020 (Restated) 2022 2021 (Restated) Increase (decrease) in operating liabilities Trade and other current payables 48,483 152,220 (42,265) 48,619 Unbilled payables 201,675 186,437 54,479 62,318 Contract liabilities (89,401) (36,674) (47,809) (83,300) Accounts payable - retention under construction contracts (16,535) 19,316 (1,235) 6,880 Other current liabilities (1,273) (4,239) (3,771) (5,567) Cash flows from provide by (used in) operating activities (16,477) 22,593 17,015 (4,209) Xxxx paid for provision for liabilities under construction projects (8,997) (126,391) (763) (77,190) Cash paid for non-current provision for employee benefits (1,781) (2,600) (1,781) - Cash paid for income tax (12,071) (17,952) (8,807) (11,519) Received from withholding tax refund 63 6,522 - - Net cash flows provided by (used in) operating activities (39,263) (117,828) 5,664 (92,918) Cash flows from investing activities Decrease (Increaseincrease) decrease in restricted deposit with financial institution deposits at banks (41) 28,996 (131) Cash receipts from withdrawn other current financial assets 80,000 28,996 Decrease (increase) in short-term loans to related parties 1,132 - - - Cash payments paid for investing in subsidiaries - - - (300) Xxxx received from disposal of equipment 33 96 - 93 Cash paid for purchase of property, plant and equipment (60,4035,185) (20,15327,771) (5,081) (25,518) Cash receipts from disposal of equipment 122 8 Cash payments paid for purchase of intangible asset assets (338133) (36879) Interest income received 415 36 (133) (30) Net cash flows provided by (used in) investing activities 19,792 (20,4904,154) 1,242 (5,215) 3,241 Cash flows from financing activities Increase (decrease) in bank overdrafts and short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 institutions 8,513 96,351 28,205 42,702 Cash payments for longreceive from short-term loans from person or related parties 32,000 - 49,500 114,000 Notes to interim financial institution statements form an integral part of these statements. Consolidated financial statements Separate financial statements 2022 2021 (1,667Restated) 2022 2021 (Restated) Cash paid for short-term loans from person or related parties - - (100,000) (10,47628,000) Cash payments for repayment of Interest expenses (9,393) (7,009) (4,539) (3,303) Decrease in lease liabilities (6,7503,807) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,2824,084) (67,000) Interest expense paid (2,2611,858) (4,8952,536) Net cash flows provided by (used in in) financing activities 27,313 85,258 (45,09328,692) 122,863 Increase (1,324decrease) in translation adjustment 1,827 (977) - - Net increase (decrease) in cash and cash equivalents 11,669 29,348 (14,277) (32,305) (28,243) 33,186 Cash and cash equivalents - at the beginning of the period 110,738 4,900 52,942 89,785 29,689 2,248 Cash and cash equivalents - ending at the end of the period 122,407 34,248 38,665 57,480 1,446 35,434 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 (4,383) (7,180) (4,345) (5,497) Lease liabilities 1,075 7,877 466 7,877 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:NOTES TO INTERIM FINANCIAL STATEMENTS MARCH 31, 2022
Appears in 1 contract
Samples: TRC Construction Public Company
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand November 9, 2018 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 ASSETS Note Thousand Baht As at June September As at December Note 30, 2021 2018 31, 2020 Current assets 2017 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 23,666 41,956 Temporary investments 5 224,146 199,119 Trade and other current receivables 5 190,265 149,479 6 273,919 274,841 Current portion of finance lease receivables 7 9,054 8,783 Unbilled receivables 17,924 11,877 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - 8 288,919 291,266 Other current assets 278 496 Total current assets 544,323 526,492 Non466 910 TOTAL CURRENT ASSETS 838,094 828,752 NON-current assets Restricted deposits with financial institution 8 3,029 3,025 Property, plant CURRENT ASSETS General investment 242 242 Long-term finance lease receivables 7 13,683 10,473 Investment property 9 114,950 - Property and equipment 10 260,060 223,434 Right-of-use assets 32,908 150,468 Goodwill 11 69,057 72,771 334,672 334,672 Customer relationship 12 76,937 88,082 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 13 24,950 27,301 Other non-current assets 568 467 Total non20,383 17,352 TOTAL NON-current assets 348,774 316,390 CURRENT ASSETS 618,725 628,590 TOTAL ASSETS 893,097 842,882 1,456,819 1,457,342 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF FINANCIAL POSITION (CONT.) AS AT SEPTEMBER 30, 2018 LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at June September As at December Note 30, 2021 2018 31, 2020 Current liabilities 2017 CURRENT LIABILITIES Trade and other payables 14 165,536 174,475 Income tax payable 9,080 17,474 Short-term loans from financial institutions 13 provisions 437 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total Other current liabilities 139,972 114,553 Non5,116 5,817 TOTAL CURRENT LIABILITIES 180,169 197,766 NON-current CURRENT LIABILITIES Deferred tax liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee 9,007 13,455 Employee's benefit 5,429 4,959 Total obligations 16,228 14,898 Other non-current liabilities 61,063 70,583 19,652 16,547 TOTAL NON-CURRENT LIABILITIES 44,887 44,900 TOTAL LIABILITIES 201,035 185,136 225,056 242,666 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF FINANCIAL POSITION (CONT.) AS AT SEPTEMBER 30, 2018 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Thousand Baht As at June September As at December Note 30, 2021 31, 2020 ShareholdersSHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 Note 30, 2018 31, 2017 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 292,250 292,250 Issued and paid-up share capital 440,000,000 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 Share premium 292,250 292,250 Premium on ordinary shares 378,757 378,757 776,416 776,416 Retained earnings Appropriated Legal reserve 17 14,310 12,663 20,351 20,351 Unappropriated 78,995 46,326 142,746 125,659 TOTAL SHAREHOLDERS' ’ EQUITY 692,062 657,746 1,231,763 1,214,676 TOTAL LIABILITIES AND SHAREHOLDERS' ’ EQUITY 893,097 842,882 1,456,819 1,457,342 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2018 Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 2018 2017 Revenues Revenues from sale 219,731 166,028 404,556 327,944 sales 301,714 305,838 Revenue from rendering of services 44,771 38,848 Other income 4.4 4,402 142 8,927 2,531 1,376 3,055 Total revenues 224,133 166,170 413,483 330,475 347,861 347,741 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 204,813 206,122 Cost of rendering of services 39,766 39,436 Selling expenses 27,155 24,668 Administrative expenses 4.4 15,861 16,727 31,688 31,680 30,579 34,842 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 302,313 305,068 Profit before income tax expense 46,273 22,136 81,711 44,540 expenses 45,548 42,673 Income tax expense 19 9,096 4,814 16,111 9,575 expenses 9,020 8,771 Profit for the period 37,177 17,322 65,600 34,965 36,528 33,902 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 36,528 33,902 Earnings per share (Baht) Basic earnings earning per share 20 0.08 0.07 0.15 0.16 (Baht per share) 17 0.06 0.06 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statements STATEMENT OF COMPREHENSIVE INCOME (CONT.) FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2018 Thousand Baht Retained earnings Note 2018 2017 Revenues Revenues from sales 901,947 869,316 Revenue from rendering of services 112,247 96,439 Other income 7,147 11,208 Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid revenues 1,021,341 976,963 Expenses Cost of sales 607,762 600,299 Cost of rendering of services 106,119 93,069 Selling expenses 80,948 72,615 Administrative expenses 103,221 98,364 Total expenses 898,050 864,347 Profit before income tax expenses 123,291 112,616 Income tax expenses 24,374 21,602 Profit for the period 98,917 91,014 Other comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 - - Notes to the interim financial statements form an integral part of these statements STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2018 Thousand Baht Issued and Premium Retained earnings Total Note paid-up share capital on ordinary shares Appropriated legal reserve Unappropriated shareholders' equity Beginning balance as at January 1, 2017 292,250 776,416 13,867 55,106 1,137,639 Dividend - - - (52,605) (52,605) Total comprehensive income for the period - - - 91,014 91,014 Ending balance as at September 30, 2017 292,250 776,416 13,867 93,515 1,176,048 Beginning balance as at January 1, 2018 292,250 776,416 20,351 125,659 1,214,676 Dividend 15 - - - (81,830) (81,830) Total comprehensive income for the period - - - 98,917 98,917 Ending balance as at September 30, 2018 292,250 776,416 20,351 142,746 1,231,763 Notes to the interim financial statements. statements form an intergral part of these statements STATEMENT OF CASH FLOWS FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2018 Baht 2018 2017 Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of 98,917 91,014 Adjustment to reconcile profit (loss) for the period to net cash provided by (used in) operating activitiesactivities : Bad debt and allowance for doubtful account (reversal) 2,586 (1,323) Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 12,227 11,872 Amortization of customer relationship 11,145 11,145 Loss on declining in value devaluation of inventories (reversal) (639) 1,661 5,287 4,378 (Gain) loss on disposal disposals of equipment fixed assets (66162) 11 378 Unrealized (gain) loss on exchange rate (5,4775) 304 Employee benefit expense 470 453 120 (Gain) loss on disposals of investment (887) (4,133) Unrealized (gain) loss on revaluation of temporary investments 458 2,470 Interest income (64749) (3247) Interest expense 2,256 4,814 Dividend income - (793) Employee's benefit expenses 1,330 1,239 Income tax expense 16,111 9,575 24,374 21,602 Profit provided by from operating activities before changes in operating assets and liabilities 101,037 74,348 155,221 137,922 Trade and other receivables (1,671) (26,995) Finance lease receivables (3,481) 2,037 Unbilled receivables (6,047) (9,117) Inventories (5,258) (71,505) Other current assets 443 433 Other non-current assets (3,032) (1,103) xxxxx (decrease) in operating liabilities Trade and other payables (5,287) 18,864 Short-term provisions 437 308 Other current liabilities (701) (218) (Increase) decrease in operating assets Trade and other current receivables Inc Employee's benefit obligations - (26,7201,901) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase liabilities 3,105 895 Xxxx received (decreasepaid) in from operating liabilities 133,729 49,620 Income tax paid (47637,216) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,78330,985) Net cash provided by (used in) operating activities 36,970 51,162 96,513 18,635 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 statements STATEMENT OF CASH FLOWS (CONT.) FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2018 Baht 2018 2017 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash Xxxx receipts from withdrawn other current financial assets 80,000 - redemption of temporary investments 260,872 420,769 Cash payments for purchase of property, plant and equipment temporary investment (60,403285,470) (20,153385,976) Cash receipts from disposal of equipment 122 8 2,726 582 Cash payments for purchase of intangible asset equipment (3387,051) (3681,894) Cash payments for purchases of intangible assets (4,099) (1,053) Interest income received 415 36 49 47 Dividends received - 793 Net cash provided by (used in) investing activities 19,792 (20,49032,973) 33,268 Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,28281,830) (67,000) Interest expense paid (2,261) (4,89552,605) Net cash provided by (used in in) financing activities (45,09381,830) (1,32452,605) Net increase (decrease) in cash and cash equivalents 11,669 29,348 (18,290) (702) Cash and cash equivalents - at beginning of period 110,738 4,900 41,956 35,866 Cash and cash equivalents - ending at end of period 122,407 34,248 23,666 35,164 Supplementaly disclosures of cash flows information : Non-Cash transaction Liabilities incurred from acquisition of fixed assets and intangible assets Liabilities incurred from acquisition of fixed assets and intangible assets as at January 1, 4,045 670 Inventories transferred to fixed asset (3,175) (5,505) Add Purchases of fixed assets and intangible assets 10,686 11,622 Less Cash payments (11,150) (2,947) Liabilities incurred from acquisition of fixed assets and intangible assets as at September 30, 406 3,840 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED NOTES TO THE INTERIM FINANCIAL STATEMENTS SEPTEMBER 30, 2018
Appears in 1 contract
Samples: www.harn.co.th
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. Dharmniti Auditing Company Limited Bangkok, Thailand May 12, 2023 (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 ASSETS Thousand Baht As at June March As at December Note 30, 2021 31, 2020 2023 31, 2022 Current assets Cash and cash equivalents 122,407 110,738 7,528 30,956 Trade and other current receivables 5 190,265 149,479 178,292 163,958 Inventories 6 159,160 115,779 237,420 241,093 Other current financial assets asset 7 70,000 150,000 1 1 Derivative assets 21 2,213 20 1,049 - Current tax assets 6,014 6,547 Other current assets 278 496 9,299 6,583 Total current assets 544,323 526,492 439,603 449,138 Non-current assets Restricted deposits with financial institution 8 3,029 3,025 Property, plant and equipment 10 260,060 223,434 9 529,150 520,010 Right-of-use assets 11 69,057 72,771 10 56,288 56,840 Intangible assets 12 4,846 4,870 11 5,586 5,283 Deferred tax assets 3,320 4,405 5,841 6,618 Deferred molds 6,694 6,218 4,919 4,805 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 8 3,102 3,096 Other non-current assets 545 568 467 Total non-current assets 348,774 316,390 605,431 597,220 TOTAL ASSETS 893,097 842,882 1,045,034 1,046,358 Notes to the interim financial statements form an integral part of these interim financial statements. As at June March As at December Note 30, 2021 31, 2020 2023 31, 2022 Current liabilities Short-term loans from financial institutions 13 - 3,146 12 44,577 3,423 Trade and other current payables 4.3, 14 104,762 82,909 13 116,438 156,880 Derivative liabilities 21 - 3,500 20 718 5,642 Current portion of long-terms loans from financial institution 15 18,333 11,667 14 13,200 9,900 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 15 13,234 12,758 Total current liabilities 139,972 114,553 188,167 188,603 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 14 44,135 47,435 Lease liabilities 4.3, 16 55,634 57,291 15 45,267 46,516 Non-current provisions for employee benefit 5,429 4,959 7,704 7,375 Total non-current liabilities 61,063 70,583 97,106 101,326 TOTAL LIABILITIES 201,035 185,136 285,273 289,929 Notes to the interim financial statements form an integral part of these interim financial statements. As at June March As at December Note 30, 2021 31, 2020 2023 31, 2022 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated Legal reserve 17 14,310 12,663 16 22,000 22,000 Unappropriated 78,995 46,326 139,004 135,672 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 759,761 756,429 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 1,045,034 1,046,358 Notes to the interim financial statements form an integral part of these interim financial statements. STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2023 Revenues Note Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 Revenues 2023 2022 Revenues from sale 219,731 166,028 404,556 327,944 232,457 199,942 Gain on exchange rates 1,260 1,352 Other income 4.4 4,402 142 8,927 2,531 706 329 Total revenues 224,133 166,170 413,483 330,475 234,423 201,623 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 198,508 153,421 Distribution costs 4.4 8,239 6,412 15,962 12,963 9,854 8,582 Administrative expenses 4.4 15,861 16,727 31,688 31,680 20,402 17,461 Total expenses 176,435 141,644 328,949 280,831 228,764 179,464 Profit from operationg activities 47,698 24,526 84,534 49,644 5,659 22,159 Finance costs 4.4 1,425 2,390 2,823 5,104 1,550 1,260 Profit before income tax expense 46,273 22,136 81,711 44,540 Income tax 4,109 20,899 Tax expense 19 9,096 4,814 16,111 9,575 18 777 4,205 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 3,332 16,694 - - 3,332 16,694 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 19 0.01 0.04 Notes to the interim financial statements form an integral part of these interim financial statements. STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2023 Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 220,000 378,757 19,897 119,374 738,028 - - - 60,000 - - 5,885 (5,885) 16,694 16,694 220,000 378,757 19,897 136,068 754,722 220,000 378,757 22,000 135,672 756,429 - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 3,332 3,332 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 22,000 139,004 759,761 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid 2022 Total comprehensive income for the period Profit for the period Ending balance as at June 30March 31, 2020 2022 Beginning balance as at January 1, 2021 Legal reserve Dividend paid 2023 Total comprehensive income for the period Profit for the period Ending balance as at June 30March 31, 2021 2023 Notes to the interim financial statements form an integral part of these interim financial statements. STATEMENTS OF CASH FLOWS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2023 Thousand Baht 2023 2022 Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 3,332 16,694 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 16,195 13,608 Bad debt and expected credit losses (reversal) (12335) 202 514 Loss on declining in value of inventories (reversal) 1,061 (639492) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss gain on exchange rate (5,4775,387) 304 (784) Employee benefit expense 470 453 329 313 Interest income (64716) (32103) Interest expense 2,256 4,814 Income tax 1,364 1,097 Tax expense 16,111 9,575 Profit provided by operating activities before 777 4,205 changes in operating assets and liabilities 101,037 74,348 17,620 35,052 (Increase) decrease in operating assets Trade and other current receivables (26,72015,662) (18,80425,540) Inventories (42,742) 1,296 2,612 15,951 Other current assets 219 69 3,831 (333) Deferred molds (114) (52) Other non-current assets Increase (decrease) in operating liabilities (4762) (92802) 3,309 - Trade and other current payables 17,892 (2,27317,711) (7,679) Cash received (paid) from operations 49,118 57,945 (9,426) 16,597 Income tax expense paid (12,1485,990) (6,7834,951) Net cash provided by (used in) operating activities 36,970 51,162 (15,416) 11,646 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 STATEMENTS OF CASH FLOWS (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2023 Thousand Baht 2023 2022 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,40343,401) (20,15317,458) Cash receipts from disposal payments for purchase of equipment 122 8 right-of-use assets (890) - Cash payments for purchase of intangible asset (338535) (368824) Increase in non-current non-cash financial asset pledged as collateral (5) - Interest income received 415 36 - 15 Net cash provided by (used in) in investing activities 19,792 (20,49044,831) (18,267) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions 41,154 (3,1338,040) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution - (1,667) (10,4765,000) Cash payments for repayment of lease liabilities (6,7503,267) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,0003,431) Interest expense paid (2,2611,068) (4,8951,108) Net cash provided by (used in in) financing activities 36,819 (45,093) (1,32417,579) Net increase (decrease) in cash and cash equivalents 11,669 29,348 (23,428) (24,200) Cash and cash equivalents - beginning of period 110,738 4,900 30,956 99,104 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 7,528 74,904 Supplement disclosure for cash flows information:
Appears in 1 contract
Samples: sft.listedcompany.com
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard No. 34 “Interim Financial Reporting”. *****/2 EMPHASIS OF MATTER I draw attention to Note 2.5 in the interim financial statements on the cumulative effect of the previous period's financial statement correction regarding the adjustment of accounts recording of financial assets to follow the investment objective of the company. Therefore, the Company restated the consolidated financial statements and separate financial statements to recognise such items in profit or loss presented as comparative information correctly in accordance with the objective of the company. I have audited and reviewed the related adjustments and believed that such adjustments are appropriate. I did not express a qualified opinion in respect of this matter. (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxxxxx) Certified Public Accountant Registration No. 6699 4752 Dharmniti Auditing Company Limited Bangkok, Thailand August 9November 15, 2021 ASSETS Thousand ASSETS Baht Current assets Notes Consolidated financial statements Separate financial statements As at June September As at December Note As at January As at September As at December As at January 30, 2021 31, 2020 Current assets 1, 2020 30, 2021 31, 2020 1, 2020 (Restated) (Restated) (Restated) (Restated) Cash and cash equivalents 122,407 110,738 5 360,988,552 338,293,191 602,855,047 34,345,012 40,881,085 70,346,919 Trade and receivables 4, 6 886,957,011 639,659,569 583,123,539 335,279,609 141,639,038 130,782,497 Advance received for vaccine alternative Covid-19 319,762,400 - - 227,563,000 - - Capital decrease receivable 4, 12 - - - - 75,949,597 - Accrued dividend income 4 1,800,000 68,650,075 - - 67,450,075 - Short-term loans to related parties 4, 7 216,340,200 240,665,200 305,125,000 216,340,200 138,290,200 117,419,494 Current portion of long-term loans to other current receivables 5 190,265 149,479 persons 1,720,000 1,180,000 - - - - Inventories 6 159,160 115,779 8 209,110,958 164,931,210 174,559,361 61,941,295 46,920,599 49,432,004 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - 2.5, 4, 10 716,810,000 156,910,000 56,102,150 716,810,000 156,910,000 56,102,150 Other current assets 278 496 4 58,780,864 67,954,978 44,437,504 14,017,575 19,086,600 13,598,981 Total current assets 544,323 526,492 2,772,269,985 1,678,244,223 1,766,202,601 1,606,296,691 687,127,194 437,682,045 Non-current assets Restricted Fixed deposits with pledged as collateral 9 27,462,248 39,406,478 36,252,346 - - - Other non-current financial institution 8 3,029 3,025 assets 2.5, 4, 10 10,101,734,789 7,743,257,417 7,304,331,960 7,185,392,555 4,988,533,263 4,345,194,263 Investments in associates 11 2,704,388,926 2,150,082,246 2,353,951,866 1,690,994,168 1,641,360,168 1,777,365,788 Investments in subsidiaries 12 - - - 1,804,025,065 1,804,025,065 1,998,150,070 Long-term loans to related parties 4 24,000,000 24,000,000 24,000,000 - - - Long-term loans to other persons 30,191,857 18,945,000 5,370,000 - - - Investment property 13 438,825,541 451,924,898 376,959,359 363,080,386 374,541,949 297,380,686 Property, plant and equipment 10 260,060 223,434 14 8,410,335,991 7,970,092,761 7,024,739,789 1,138,882,134 1,172,849,944 1,295,948,091 Right-of-use assets 11 69,057 72,771 15 271,852,476 302,927,373 332,520,444 17,132,071 17,658,399 21,061,449 Goodwill 723,215,731 723,215,731 723,215,731 - - - Intangible assets 12 4,846 4,870 12,542,564 10,506,156 7,305,354 857,955 1,135,806 2,750,076 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 16 12,899,768 12,578,546 12,328,488 - - - Advance payment for assets 22,224,952 42,582,093 38,687,428 - - - Other non-current assets 568 467 52,972,479 7,255,642 7,312,284 51,451,417 4,873,391 5,112,224 Total non-current assets 348,774 316,390 22,832,647,322 19,496,774,341 18,246,975,049 12,251,815,751 10,004,977,985 9,742,962,647 TOTAL ASSETS 893,097 842,882 25,604,917,307 21,175,018,564 20,013,177,650 13,858,112,442 10,692,105,179 10,180,644,692 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total current liabilities 139,972 114,553 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee benefit 5,429 4,959 Total non-current liabilities 61,063 70,583 TOTAL LIABILITIES 201,035 185,136 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated Legal reserve 17 14,310 12,663 Unappropriated 78,995 46,326 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 Revenues Revenues from sale 219,731 166,028 404,556 327,944 Other income 4.4 4,402 142 8,927 2,531 Total revenues 224,133 166,170 413,483 330,475 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 Administrative expenses 4.4 15,861 16,727 31,688 31,680 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 Profit before income tax expense 46,273 22,136 81,711 44,540 Income tax expense 19 9,096 4,814 16,111 9,575 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:.
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Samples: www.vibhavadi.com
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 COMPARATIVE STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2011 I have previously audited the financial statements for the year ended December 31, 2011 of Hot Pot Public Company Limited in accordance with generally accepted auditing standards and expressed an unqualified opinion on those statements in my report dated February 28, 2012. The statement of financial position as at December 31, 2011, presented herewith for comparative purposes, was a part of the financial statements referred to above. I have not performed any auditing procedures since that date. Dharmniti Auditing Company Limited Bangkok, Thailand May 11, 2012 2012/607/0250 (Mr. Thanawut PiboonsawatXxxx Xxxxxxx Xxxxxxx-Xxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 4996 ASSETS Thousand Baht Note As at June March 31, 2012 As at December Note 30, 2021 31, 2020 Current assets 2011 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 5 56,889,848 17,883,604 Trade and other current receivables 5 190,265 149,479 accounts receivable 6 6,280,009 1,821,983 Other accounts receivable 8,171,035 7,965,418 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - 29,216,585 41,040,674 Other current assets 278 496 Total current assets 544,323 526,492 Non8 31,578,334 31,996,682 TOTAL CURRENT ASSETS 132,135,811 100,708,361 NON-current assets Restricted deposits with financial institution 8 3,029 3,025 CURRENT ASSETS Property, plant and equipment 9 404,518,209 385,431,137 Leasehold rights 10 260,060 223,434 Right-of-use 109,693,221 113,112,081 Intangible assets 11 69,057 72,771 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non10,900,900 9,965,061 Refundable deposits and others 23 95,184,920 91,816,822 TOTAL NON-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 568 467 Total non-current assets 348,774 316,390 CURRENT ASSETS 620,297,250 600,325,101 TOTAL ASSETS 893,097 842,882 752,433,061 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. statements LIABILITIES AND SHAREHOLDERS' EQUITY Baht CURRENT LIABILITIES Note As at June March As at December Note 30, 2021 31, 2020 Current liabilities Short-term loans 2012 31, 2011 Bank overdrafts from financial institutions 12 - 5,749,636 Trade accounts payable 177,317,985 183,645,143 Other accounts payable 78,858,690 50,618,367 Account payable - purchase of assets from Daidomon 25.1, 25.2 - 33,740,104 Account payable - leasehold from financial institution 25.4 80,758,412 88,435,911 Xxxxx purchased payable 17,820,969 14,111,535 Current portion of liability under hire-purchase contract 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 2,544,952 2,639,665 Current portion of long-terms term loans from related parties 4, 14 27,170,984 27,170,984 Current portion of long-term loan from financial institution 15 18,333 11,667 46,144,594 37,500,000 Accrued corporate income tax 5,059,011 2,264,610 Account payable - the Revenue Department 6,226,896 5,184,596 Current portion of lease liabilities 4.3, employee benefit obligations 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total 142,749 420,524 Other current liabilities 139,972 114,553 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee benefit 5,429 4,959 Total non-current liabilities 61,063 70,583 7,419,321 5,195,488 TOTAL CURRENT LIABILITIES 201,035 185,136 449,464,563 456,676,563 Notes to the interim financial statements form an integral part of these interim financial statements. statements LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Baht As at June March As at December Note 30, 2021 31, 2020 Shareholders2012 31, 2011 NON-CURRENT LIABILITIES Liability under hire-purchase contract 13 5,264,463 5,839,076 Long-term loan from financial institution 15 71,794,175 26,384,550 Employee benefit obligations 16 1,557,991 1,336,019 Assets retirement obligation 11,353,178 8,569,153 TOTAL NON-CURRENT LIABILITIES 89,969,807 42,128,798 TOTAL LIABILITIES 539,434,370 498,805,361 SHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 406,000,000 ordinary shares, shares of Baht 0.50 0.25 each 220,000 220,000 17 101,500,000 101,500,000 Issued and paid-up share capital 440,000,000 344,615,360 ordinary shares, shares of Baht 0.50 0.25 each 220,000 220,000 17 86,153,840 86,153,840 Share premium on ordinary shares 378,757 378,757 17 49,646,160 49,646,160 Retained earnings Appropriated Legal reserve 17 14,310 12,663 19 3,859,935 - Unappropriated 78,995 46,326 73,338,756 66,428,101 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 212,998,691 202,228,101 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 752,433,061 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand statements THE STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIODS ENDED MARCH 31, 2012 AND 2011 Revenues Note Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 Revenues 2012 2011 Revenues from sale 219,731 166,028 404,556 327,944 the sales of goods 454,402,433 331,774,433 Other income 4.4 4,402 142 8,927 2,531 8,764,953 4,183,789 Total revenues 224,133 166,170 413,483 330,475 463,167,386 335,958,222 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 of goods 205,589,338 146,007,079 Selling expenses 212,118,688 141,725,251 Administrative expenses 4.4 15,861 16,727 31,688 31,680 23,198,520 14,390,547 Directors and management benefit expenses 4 3,639,379 3,726,765 Loss from branches closing and renovation 9 2,129,844 512,871 Finance costs 2,884,545 2,449,986 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 449,560,314 308,812,499 Profit before income tax expense 46,273 22,136 81,711 44,540 13,607,072 27,145,723 Income tax expense 19 9,096 4,814 16,111 9,575 21 2,836,482 8,240,450 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period 10,770,590 - 18,905,273 - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total statements THE STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE THREE-MONTH PERIODS ENDED MARCH 31, 2012 AND 2011 Note paid-up sharescapital on ordinaryshares Appropriated Common shares Preferred shares Legal reserve Unappropriated shareholders'equity 100,000 Total Beginning balance, as at January 1, 2012 86,153,840 - 4,926 122,886 227,812 60,000 49,646,160 - 66,428,101 202,228,101 legal reserve 19 - - - 60,000 3,859,935 (3,859,935) - Comprehensive profit for the period - - 5,885 (5,885) - - 10,770,590 10,770,590 Ending balance, as at March 31, 2012 86,153,840 - 49,646,160 3,859,935 73,338,756 212,998,691 Beginning balance, as at January 1, 2011 as previously reported 56,000,000 860,000 - - 27,542,064 84,402,064 Adjustment The cumulative effect of change in accounting policy on employee benefits - - - - (111,8001,005,443) (111,8001,005,443) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance Balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income 2011 - after adjusted 56,000,000 860,000 - - 26,536,621 83,396,621 Comprehensive profit for the period Profit for the period - - - - 18,905,273 18,905,273 Ending balance balance, as at June 30March 31, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 2011 56,000,000 860,000 - - 45,441,894 102,301,894 Issued and paid- up share capital Baht Share premium Retained earning Notes to the interim financial statements form an integral part of these interim financial statements. statements THE STATEMENTS OF CASH FLOWS FOR THE THREE-MONTH PERIODS ENDED MARCH 31, 2012 AND 2011 Baht 2012 2011 Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 10,770,590 18,905,273 Reconciliations of net profit for the period to net cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses activities Allowance for doubtful account (reversal) (12345,000) 202 - Depreciation and amortization 30,489,068 19,154,326 Loss on declining in value of inventories (reversal) (639) 1,661 from branches closing and renovation 2,129,844 512,871 (Gain) loss on disposal sale of equipment fixed assets 82,535 (66369,011) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 224,197 187,775 Interest income (647) (32) Interest expense 2,256 4,814 expenses 2,884,545 2,443,289 Cost of asset dismantlement 71,109 6,697 Income tax expense 16,111 9,575 2,836,482 8,240,450 Profit provided by from operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade accounts receivable 49,443,370 (4,413,026) 49,081,670 103,019 Inventories 11,824,089 6,082,533 Other accounts receivable and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase (decreaseDecrease) in operating liabilities Trade accounts payable 3,538,742 (4766,327,158) (9232,426) 3,309 - Trade and other (19,660,856) Other accounts payable 28,240,323 10,013,922 Other current payables 17,892 liabilities 3,266,133 (2,273409,983) Cash Xxxx received from operations 49,118 57,945 operating 85,572,473 45,177,879 Employee benefit paid (280,000) - Income tax expense paid (12,14842,081) (6,78317,715) Net cash provided by operating activities 36,970 51,162 85,250,392 45,160,164 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 statements FOR THE THREE-MONTH PERIODS ENDED MARCH 31, 2012 AND 2011 Baht 2012 2011 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments paid for purchase of property, plant and equipment (60,40345,746,456) (20,15327,602,146) Xxxx received for sale of equipment 476,636 448,131 Cash paid for intangible assets (1,322,762) (798,055) Xxxx paid for refundable deposits and others (3,368,098) (4,359,590) Cash receipts paid to purchase the assets of Daidomon (33,740,104) - Cash paid to account payable-leasehold from disposal of equipment 122 8 Cash payments for purchase of intangible asset financial institution (3387,677,499) - Net cash used in investing activities (91,378,283) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,49032,311,660) Cash flows from financing activities Increase (decrease) in shortbank overdrafts from financial institutions (5,749,636) (1,855,914) Cash paid to liability under financial lease contract - (160,780) Cash paid to liability under hire-purchase contract (669,326) (314,335) Cash paid to long-term loan from related parties - (2,000,000) Xxxx received for long-term loan from financial institutions (3,133) 7,145 institution - 2,860,000 Cash receipts from paid to long-term loans loan from financial institution related parties - 20,000 Cash payments (5,000,000) Xxxx received for long-term loans loan from financial institution 60,304,219 - Cash paid to long-term loan from financial institution (1,6676,250,000) (10,4765,693,597) Cash payments for repayment of lease liabilities paid to interest expenses (6,7502,501,122) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,8952,292,773) Net cash provided by (used in in) financing activities 45,134,135 (45,093) (1,32414,457,399) Net increase (decrease) in cash and cash equivalents 11,669 29,348 39,006,244 (1,608,895) Cash and cash equivalents - at beginning of period 110,738 4,900 17,883,604 20,702,881 Cash and cash equivalents - ending at end of period 122,407 34,248 56,889,848 19,093,986 Additional disclosures of cash flows information None Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:statements NOTES TO INTERIM FINANCIAL STATEMENTS MARCH 31, 2012
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Samples: jckh.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 13, 2021 (Mr. Thanawut Piboonsawat) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 ASSETS Thousand Baht As at June March As at December Note 3031, 2021 31, 2020 Current assets Cash and cash equivalents 122,407 83,155 110,738 Trade and other current receivables 4.3, 5 190,265 170,240 149,479 Inventories 6 159,160 144,223 115,779 Other current financial assets 7 70,000 150,000 150,000 Derivative assets 21 2,213 681 - Other current assets 278 1,291 496 Total current assets 544,323 549,590 526,492 Non-current assets Restricted deposits with financial institution 8 3,029 3,027 3,025 Property, plant and equipment 10 260,060 232,567 223,434 Right-of-use assets 11 69,057 72,568 72,771 Intangible assets 12 4,846 4,795 4,870 Deferred tax assets 3,320 3,601 4,405 Deferred molds 6,694 6,587 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 568 552 467 Total non-current assets 348,774 324,897 316,390 TOTAL ASSETS 893,097 874,487 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. As at June March As at December Note 3031, 2021 31, 2020 Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 104,762 88,978 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 16,667 11,667 Current portion of lease liabilities 4.3, 16 12,350 12,820 11,693 Corporate income tax payable 4,527 2,873 1,638 Total current liabilities 139,972 121,338 114,553 Non-current liabilities Long-term loans from financial institutions 15 - 3,333 8,333 Lease liabilities 4.3, 16 55,634 58,453 57,291 Non-current provisions for employee benefit 5,429 5,194 4,959 Total non-current liabilities 61,063 66,980 70,583 TOTAL LIABILITIES 201,035 188,318 185,136 Notes to the interim financial statements form an integral part of these interim financial statements. As at June March As at December Note 3031, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated 378,757 378,757 Legal reserve 17 14,310 12,663 12,663 Unappropriated 78,995 74,749 46,326 TOTAL SHAREHOLDERS' EQUITY 692,062 686,169 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 874,487 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Note Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 (Restated) (Note 20) Revenues Revenues from sale 219,731 166,028 404,556 327,944 184,825 161,916 Other income 4.4 4,402 142 8,927 2,531 4,525 3,180 Total revenues 224,133 166,170 413,483 330,475 189,350 165,096 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 128,964 117,683 Distribution costs 4.4 8,239 6,412 15,962 12,963 7,723 6,551 Administrative expenses 4.4 15,861 16,727 31,688 31,680 15,827 15,744 Total expenses 176,435 141,644 328,949 280,831 152,514 139,978 Profit from operationg activities 47,698 24,526 84,534 49,644 36,836 25,118 Finance costs 4.4 1,425 2,390 2,823 5,104 1,398 2,714 Profit before income tax expense 46,273 22,136 81,711 44,540 35,438 22,404 Income tax expense 19 9,096 4,814 16,111 9,575 7,015 4,761 Profit for the period 37,177 17,322 65,600 34,965 28,423 17,643 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 28,423 17,643 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 0.06 0.09 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital shares capital on ordinaryshares ordinary shares Appropriated Legal reserve Unappropriated shareholders'equity shareholders' equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 17,643 17,643 100,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 4,926 140,529 245,455 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 28,423 28,423 220,000 378,757 14,310 78,995 692,062 12,663 74,749 686,169 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30March 31, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30March 31, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities Thousand Baht 2021 2020 Profit for the period 65,600 34,965 28,423 17,643 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 11,413 11,078 Bad debt and expected credit losses (reversal) (123108) 202 (85) Loss on declining in value of inventories (reversal) (639248) 1,661 1,738 (Gain) loss on disposal of equipment (663) 11 Unrealized (gain) loss on exchange rate (5,4775,999) 304 (1,985) Employee benefit expense 470 453 235 226 Interest income (647303) (3217) Interest expense 2,256 4,814 1,125 2,596 Income tax expense 16,111 9,575 7,015 4,761 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 41,550 35,966 (Increase) decrease in operating assets Trade and other current receivables (26,7204,482) (18,80418,754) Inventories (42,74228,196) 1,296 12,431 Other current assets 219 69 (795) (152) Deferred molds (369) 1,131 Other non-current assets (92) - Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 5,032 (2,2738,020) Cash received from operations 49,118 57,945 12,648 22,602 Income tax expense paid (12,1484,970) (6,7834,309) Net cash provided by (used in) operating activities 36,970 51,162 7,678 18,293 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (42) (13) Cash receipts from withdrawn other current financial assets 80,000 - 8) Cash payments for purchase of property, plant and equipment (60,40329,755) (20,1538,798) Cash receipts from disposal of equipment 122 8 59 - Cash payments for purchase of intangible asset (338102) (368) Interest income received 415 36 10 8 Net cash provided by (used in) in investing activities 19,792 (20,49029,790) (9,166) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133884) 7,145 Cash receipts from long-term loans from financial institution - 20,000 3,538 Cash payments for long-term loans from financial institution - (1,667) (10,4765,556) Cash payments for repayment of lease liabilities (6,7503,461) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,0002,995) Interest expense paid (2,2611,126) (4,8952,618) Net cash used in financing activities (45,0935,471) (1,3247,631) Net increase (decrease) in cash and cash equivalents 11,669 29,348 (27,583) 1,496 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 83,155 6,396 Supplement disclosure for cash flows information:: 1. Reconciliation of cash paid for purchase of property, plant and equipment Purchase of property, plant and equipment for the period (14,472) (6,564) (Increase) decrease in advance payments for purchase of assets (15,877) - Increase (decrease) in payable from acquisition of assets 594 (2,234) Cash payments for purchase of property, plant and equipment (29,755) (8,798)
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Samples: sft.listedcompany.com
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”. (Mr. Thanawut PiboonsawatMiss Roongnapha Saengchan) Certified Public Accountant Registration No. 6699 10142 Dharmniti Auditing Company Limited Bangkok, Thailand August 9May 8, 2021 2020 ASSETS Thousand Baht As at June March As at December Note 30, 2021 31, 2020 31, 2019 Notes (Reclassified) Current assets Cash and cash equivalents 122,407 110,738 6 213,235 708,144 Current investment - 1,387 Trade and other current receivables 5 190,265 149,479 7 67,994 72,918 Accrued income from social security 64,407 79,827 Inventories 6 159,160 115,779 8 49,683 53,840 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 9 522,464 - Other current assets 278 496 Total current assets 544,323 526,492 917,783 916,116 Non-current assets Restricted deposits with Fixed deposit pledge as collateral 9 13,587 22,427 Other-non current financial institution 8 3,029 3,025 assets 9 126,000 171,666 Property, plant and equipment 10 260,060 223,434 760,368 756,589 Right-of-use assets 11 69,057 72,771 7,036 - Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 37,552 38,749 Other non-current assets 568 467 64 189 Total non-current assets 348,774 316,390 TOTAL ASSETS 893,097 842,882 944,607 989,620 Total assets 1,862,390 1,905,736 Notes to the interim financial statements form an integral intergral part of these interim financial statements. LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at June March As at December Note 30, 2021 31, 2020 31, 2019 Notes (Reclassified) Current liabilities Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 85,975 97,590 Accrued expenses 72,380 85,766 Current portion of lease liabilities 4.3, 16 12,350 11,693 15 3,982 - Corporate income tax payable 4,527 1,638 7,006 6,885 Other current liabilities 12,566 9,310 Total current liabilities 139,972 114,553 181,909 199,551 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 15 3,081 - Deferred tax liabilities 13 10,814 20,411 Non-current provisions provision for employee benefit 5,429 4,959 16 68,462 66,042 Total non-current liabilities 61,063 70,583 TOTAL LIABILITIES 201,035 185,136 82,357 86,453 Total liabilities 264,266 286,004 Notes to the interim financial statements form an integral intergral part of these interim financial statements. As at June As at December Note 30, 2021 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Issued and paid-up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on ordinary shares 378,757 378,757 Retained earnings Appropriated Legal reserve 17 14,310 12,663 Unappropriated 78,995 46,326 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 Revenues Revenues from sale 219,731 166,028 404,556 327,944 Other income 4.4 4,402 142 8,927 2,531 Total revenues 224,133 166,170 413,483 330,475 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 Administrative expenses 4.4 15,861 16,727 31,688 31,680 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 Profit before income tax expense 46,273 22,136 81,711 44,540 Income tax expense 19 9,096 4,814 16,111 9,575 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:.
Appears in 1 contract
Samples: ir.aikchol.com
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 OTHER MATTER The statement of financial position of Xxxx Engineering Solutions Public Company Limited as at December 31, 2016, presented herewith for comparative information was audited by another auditor and expressed an unqualified opinion in report dated February 24, 2017. The statement of comprehensive income for the three-month and six-month periods ended June 30, 2016, changes in shareholder’s equity and cash flows for the six-month period ended June 30, 2016, presented herewith for comparative information, were reviewed by another auditor and stated that nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with the accounting standards No. 34 “Interim Financial Reporting”, whose report dated August 15, 2016. (Mr. Thanawut PiboonsawatXxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 910, 2021 2017 ASSETS Note Thousand Baht As at June As at December Note 30, 2021 2017 31, 2020 Current assets 2016 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 30,372 35,866 Temporary investments 5 274,245 265,179 Trade and other current receivables 5 190,265 149,479 6 269,471 291,317 Current portion of finance lease receivables 7 8,960 10,017 Unbilled receivables 19,695 7,140 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - 8 287,234 237,566 Other current assets 278 496 Total current assets 544,323 526,492 Non289 750 TOTAL CURRENT ASSETS 890,266 847,835 NON-current assets Restricted deposits with financial institution 8 3,029 3,025 Property, plant and equipment CURRENT ASSETS General investment 242 242 Long-term finance lease receivables 7 7,903 10,044 Equipment 9 38,396 41,565 Goodwill 10 260,060 223,434 Right-of-use assets 334,672 334,672 Customer relationship 11 69,057 72,771 95,594 102,983 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 25,283 26,749 Other non-current assets 568 467 Total non16,022 15,761 TOTAL NON-current assets 348,774 316,390 CURRENT ASSETS 518,112 532,016 TOTAL ASSETS 893,097 842,882 1,408,378 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. statements As at June As at December Note 30, 2021 2017 31, 2020 Current liabilities 2016 CURRENT LIABILITIES Trade and other payables 13 202,742 176,566 Income tax payable 15,645 12,873 Short-term loans from financial institutions 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total provisions 928 168 Other current liabilities 139,972 114,553 Non4,111 4,641 TOTAL CURRENT LIABILITIES 223,426 194,248 NON-current CURRENT LIABILITIES Deferred tax liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee 14,750 18,957 Employee's benefit 5,429 4,959 Total obligations 12,835 13,910 Other non-current liabilities 61,063 70,583 15,221 15,097 TOTAL NON-CURRENT LIABILITIES 42,806 47,964 TOTAL LIABILITIES 201,035 185,136 266,232 242,212 Notes to the interim financial statements form an integral part of these interim financial statements. statements SHAREHOLDERS' EQUITY Share capital Authorized share capital Note As at June As at December Note 30, 2021 2017 31, 2020 Shareholders' equity Share capital Authorized share capital 440,000,000 2016 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 292,250 292,250 Issued and paid-up share capital 440,000,000 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 Share premium 292,250 292,250 Premium on ordinary shares 378,757 378,757 776,416 776,416 Retained earnings Appropriated Legal reserve 17 14,310 12,663 13,867 13,867 Unappropriated 78,995 46,326 59,613 55,106 TOTAL SHAREHOLDERS' ’ EQUITY 692,062 657,746 1,142,146 1,137,639 TOTAL LIABILITIES AND SHAREHOLDERS' ’ EQUITY 893,097 842,882 1,408,378 1,379,851 Notes to the interim financial statements form an integral part of these interim financial statements. statements Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 2017 2016 Revenues Revenues from sale 219,731 166,028 404,556 327,944 sales 292,630 109,701 Revenue from rendering of services 35,637 11,034 Other income 4.4 4,402 142 8,927 2,531 3,120 5,094 Total revenues 224,133 166,170 413,483 330,475 331,387 125,829 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 201,673 81,858 Cost of rendering of services 33,570 11,712 Selling expenses 23,010 7,251 Administrative expenses 4.4 15,861 16,727 31,688 31,680 34,219 22,285 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 292,472 123,106 Profit before income tax expense 46,273 22,136 81,711 44,540 expenses 38,915 2,723 Income tax expense 19 9,096 4,814 16,111 9,575 expenses 7,908 340 Profit for the period 37,177 17,322 65,600 34,965 31,007 2,383 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 31,007 2,383 Earnings per share (Baht) Basic earnings per share 20 0.08 0.07 0.15 0.16 (Baht per share) 16 0.05 0.01 Weighted average number of ordinary shares (shares) 584,500,000 350,000,000 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2017 Thousand Baht Retained earnings Note 2017 2016 Revenues Revenues from sales 561,996 242,675 Revenue from rendering of services 59,073 39,667 Other income 8,153 10,364 Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 revenues 629,222 292,706 Expenses Cost of sales 393,947 182,445 Cost of rendering of services 53,863 37,709 Selling expenses 43,188 16,107 Administrative expenses 68,281 36,676 Total expenses 559,279 272,937 Profit before income tax expenses 69,943 19,769 Income tax expenses 12,831 3,954 Profit for the period 57,112 15,815 Other comprehensive income for the period - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 57,112 15,815 Earnings per share Basic earnings per share (Baht per share) 16 0.10 0.05 Weighted average number of ordinary shares (shares) 584,500,000 350,000,000 Notes to the interim financial statements form an integral part of these statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2017 Thousand Baht Issued and Premium Retained earnings Total Note paid-up share capital on ordinary shares Appropriated legal reserve Unappropriated shareholders' equity Beginning balance as at January 1, 2016 175,000 218,306 11,840 46,651 451,797 Dividend - - - (35,000) (35,000) Total comprehensive income for the period - - - 15,815 15,815 Ending balance as at June 30, 2016 175,000 218,306 11,840 27,466 432,612 Beginning balance as at January 1, 2017 292,250 776,416 13,867 55,106 1,137,639 Dividend 14 - - - (52,605) (52,605) Total comprehensive income for the period - - - 57,112 57,112 Ending balance as at June 30, 2017 292,250 776,416 13,867 59,613 1,142,146 Notes to the interim financial statements. statements form an intergral part of these statements STATEMENT OF CASH FLOWS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2017 Baht 2017 2016 Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations 57,112 15,815 Allowance for doubtful account (reversal) (878) 363 Depreciation and amortization 7,803 2,364 Amortization of profit for the period to customer relationship 7,389 - Loss on devaluation of inventories 2,919 1,359 (Gain) loss on disposals of fixed assets 443 219 Unrealized (gain) loss on exchange rate 928 (359) (Gain) loss on disposals of investment (1,833) 1,574 Unrealized (gain) loss on revaluation of temporary investments 726 (7,130) Interest income (40) (35) Dividend income (560) (261) Employee's benefit expenses 826 541 Income tax expense 12,831 3,954 Profit from operating before changes in operating assets and liabilities (Increase) decrease in operating assets 87,666 18,404 Trade and other receivables 22,723 (155) Finance lease receivables 3,198 - Unbilled receivables (12,555) 4,454 Inventories (55,477) (1,902) Other current assets 461 (6,679) Other non-current assets (261) 107 Trade and other payables 25,840 (22,768) Short-term provisicns 760 (51) Other current liabilities (530) (159) Employee's benefit obligations (1,901) - Other non-current liabilities 124 566 Cash received (paid) from operating 70,048 (8,183) Income tax paid (14,265) (3,625) Net cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses activities 55,783 (reversal11,808) Adjustment to reconcile profit (123loss) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit for the period to net cash provided by (used in) operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets : Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 statements STATEMENT OF CASH FLOWS (CONT.) FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2017 Baht 2017 2016 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution temporary investments (47,959) (13) Cash receipts from withdrawn other current financial assets 80,000 - 40,583 Cash payments for purchase purchases of property, plant and equipment (60,403924) (20,153393) Cash receipts from disposal of equipment 122 8 439 443 Cash payments for purchase of intangible asset (338828) (3682,940) Interest income received 415 40 36 Dividends received 560 261 Net cash provided by (used in) investing activities 19,792 (20,4908,672) 37,990 Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,28252,605) (67,000) Interest expense paid (2,261) (4,89535,000) Net cash used in financing activities (45,09352,605) (1,32435,000) Net increase (decrease) in cash and cash equivalents 11,669 29,348 (5,494) (8,818) Cash and cash equivalents - at beginning of period 110,738 4,900 35,866 28,184 Cash and cash equivalents - ending at end of period 122,407 34,248 30,372 19,366 Supplementaly disclosures of cash flows information : Non-Cash transaction Liabilities incurred from acquisition of fixed assets and intangible assets Liabilities incurred from acquisition of fixed assets and intangible assets as at January 1, 670 - Inventories transferred to fixed asset (3,572) (20) Add Purchases of fixed assets and intangible assets 4,733 4,053 Less Cash payments (1,752) (3,313) Liabilities incurred from acquisition of fixed assets and intangible assets as at June 30, 79 720 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED NOTES TO THE INTERIM FINANCIAL STATEMENTS JUNE 30, 2017
Appears in 1 contract
Samples: Harn Engineering Solutions
Conclusion. Based on my review, nothing has come to my attention that causes me to believe that the accompanying interim financial information is not prepared, in all material respects, in accordance with Thai Accounting Standard the accounting standards No. 34 “Interim Financial Reporting”. *****/2 COMPARATIVE STATEMENT OF FINANCIAL POSITION AS AT DECEMBER 31, 2011 I have previously audited the financial statements for the year ended December 31, 2011 of Hot Pot Public Company Limited in accordance with generally accepted auditing standards and expressed an unqualified opinion on those statements in my report dated February 28, 2012. The statement of financial position as at December 31, 2011, presented herewith for comparative purposes, was a part of the financial statements referred to above. I have not performed any auditing procedures since that date. Dharmniti Auditing Company Limited Bangkok, Thailand November 9, 2012 2012/1037/0250 (Mr. Thanawut PiboonsawatXxxx Xxxxxxx Xxxxxxx-Xxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 ASSETS Thousand 4996 ASSETS Note Baht As at June September As at December Note 30, 2021 2012 31, 2020 Current assets 2011 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 5 95,416,847 17,883,604 Trade and other current receivables 5 190,265 149,479 accounts receivable 6 1,726,181 1,821,983 Other accounts receivable 11,380,678 7,965,418 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - 21,671,935 41,040,674 Other current assets 278 496 Total current assets 544,323 526,492 Non8 44,864,854 31,996,682 TOTAL CURRENT ASSETS 175,060,495 100,708,361 NON-current assets Restricted deposits with financial institution 8 3,029 3,025 CURRENT ASSETS Property, plant and equipment 9 453,607,714 385,431,137 Leasehold rights 10 260,060 223,434 Right-of-use 103,286,943 113,112,081 Intangible assets 11 69,057 72,771 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non8,787,900 9,965,061 Refundable deposits and others 23 106,314,618 91,816,822 TOTAL NON-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 568 467 Total non-current assets 348,774 316,390 CURRENT ASSETS 671,997,175 600,325,101 TOTAL ASSETS 893,097 842,882 847,057,670 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. statements LIABILITIES AND SHAREHOLDERS' EQUITY Baht CURRENT LIABILITIES Note As at June September As at December Note 30, 2021 2012 31, 2020 Current liabilities Short-term loans 2011 Bank overdrafts from financial institutions 12 35,737 5,749,636 Trade accounts payable 118,217,605 183,645,143 Other accounts payable 54,891,683 50,618,367 Account payable - purchase of assets from Daidomon 25.1, 25.2 - 33,740,104 Account payable - leasehold from financial institution 25.4 86,551,132 88,435,911 Xxxxx purchased payable 13,783,475 14,111,535 Current portion of liability under hire-purchase contracts 13 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 6,503,787 2,639,665 Current portion of long-terms term loans from financial institution 15 18,333 11,667 related parties 4, 14 - 27,170,984 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total current liabilities 139,972 114,553 Non-current liabilities Longlong-term loans loan from financial institutions 15 48,449,523 37,500,000 Accrued corporate income tax - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee benefit 5,429 4,959 Total non-2,264,610 Account payable - the Revenue Department 6,148,131 5,184,596 Other current liabilities 61,063 70,583 5,543,905 5,195,488 TOTAL CURRENT LIABILITIES 201,035 185,136 340,124,978 456,256,039 Notes to the interim financial statements form an integral part of these interim financial statements. statements LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Baht As at June September As at December Note 30, 2021 2012 31, 2020 Shareholders2011 NON-CURRENT LIABILITIES Liability under hire-purchase contracts 13 12,191,575 5,839,076 Long-term loan from financial institutions 15 80,537,112 26,384,550 Employee benefit obligations 16 2,122,986 1,756,543 Assets retirement obligation 10,488,317 8,569,153 TOTAL NON-CURRENT LIABILITIES 105,339,990 42,549,322 TOTAL LIABILITIES 445,464,968 498,805,361 SHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 406,000,000 ordinary shares, shares of Baht 0.50 0.25 each 220,000 220,000 17 101,500,000 101,500,000 Issued and paid-up share capital 440,000,000 406,000,000 ordinary shares, shares of Baht 0.50 0.25 each 220,000 220,000 17 101,500,000 344,615,360 ordinary shares of Baht 0.25 each 17 86,153,840 Share premium on ordinary shares 378,757 378,757 17 199,343,291 49,646,160 Retained earnings Appropriated Legal reserve 17 14,310 12,663 19 3,859,935 - Unappropriated 78,995 46,326 96,889,476 66,428,101 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 401,592,702 202,228,101 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 847,057,670 701,033,462 Notes to the interim financial statements form an integral part of these interim financial statements. Thousand Baht For the threestatements STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-month period ended For the six-month period ended June MONTH PERIODS ENDED SEPTEMBER 30, June 30, 2012 AND 2011 Revenues Note 2021 2020 2021 2020 Revenues Baht 2012 2011 Revenues from sale 219,731 166,028 404,556 327,944 the sales of goods 459,638,634 359,379,007 Other income 4.4 4,402 142 8,927 2,531 9,533,203 3,770,121 Total revenues 224,133 166,170 413,483 330,475 469,171,837 363,149,128 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 of goods 202,397,382 165,580,080 Selling expenses 223,229,715 166,997,153 Administrative expenses 4.4 15,861 16,727 31,688 31,680 32,207,180 21,604,499 Directors and management benefit expenses 4 3,655,729 3,458,103 Loss from branches closing and renovation 9 1,881,763 - Finance costs 4 2,654,464 1,540,775 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 466,026,233 359,180,610 Profit before income tax expense 46,273 22,136 81,711 44,540 3,145,604 3,968,518 Income tax expense 19 9,096 4,814 16,111 9,575 21 916,949 1,578,254 Profit for the period 37,177 17,322 65,600 34,965 Other comprehensive income 2,228,655 - 2,390,264 - Comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share (Baht) 2,228,655 2,390,264 Basic earnings per share 20 0.08 0.07 0.15 0.16 Net profit (Baht per share) 22 0.01 0.01 Notes to the interim financial statements form an integral part of these interim financial statements. Issued statements STATEMENTS OF COMPREHENSIVE INCOME FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2012 AND 2011 Revenues Note Baht 2012 2011 Revenues from the sales of goods 1,385,865,031 1,057,419,368 Other income 28,827,079 11,268,369 Total revenues 1,414,692,110 1,068,687,737 Expenses Cost of sales of goods 609,710,651 475,970,099 Selling expenses 658,763,399 463,907,513 Administrative expenses 79,904,056 53,364,674 Directors and Share premium Thousand Baht Retained earnings management benefit expenses 4 11,079,487 10,169,723 Loss from branches closing and renovation 9 3,086,681 1,198,588 Finance costs 4 8,485,495 5,666,333 Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 expenses 1,371,029,769 1,010,276,930 Profit before income tax 43,662,341 58,410,807 Income tax 21 9,341,031 18,254,534 Profit for the period 34,321,310 40,156,273 Other comprehensive income - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive Comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 34,321,310 40,156,273 Basic earnings per share 22 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations statements STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2012 AND 2011 Note Common shares Preferred shares Legal reserve Unappropriated Total Beginning balance, as at January 1, 2012 86,153,840 - 49,646,160 - 66,428,101 202,228,101 Increase of share capital 17 15,346,160 - - - - 15,346,160 Surplus of common stocks 17 - - 149,697,131 - - 149,697,131 Legal reserve 19 - - - 3,859,935 (3,859,935) - Comprehensive profit for the period to cash provided by - - - - 34,321,310 34,321,310 Ending balance, as at September 30, 2012 101,500,000 - 199,343,291 3,859,935 96,889,476 401,592,702 Beginning balance, as at January 1, 2011 as previously reported 56,000,000 860,000 - - 27,542,064 84,402,064 Adjustment The cumulative effect of change in accounting policy on employee benefits - - - - (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal1,005,443) (1231,005,443) 202 Loss on declining in value Balance as at January 1, 2011 - after adjusted 56,000,000 860,000 - - 26,536,621 83,396,621 Increase of inventories share capital 17 29,293,840 - - - - 29,293,840 Surplus of common stocks 17 - - 49,646,160 - - 49,646,160 Conversion of preference shares to capital share 17 860,000 (reversal860,000) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets - - - - Comprehensive profit for the period - - - - 40,156,273 40,156,273 Ending balance, as at September 30, 2011 86,153,840 - 49,646,160 - 66,692,894 202,492,894 Issued and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 paid- up share capital Baht Share premium Retained earnings Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 statements STATEMENTS OF CASH FLOWS FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2012 AND 2011 Baht 2012 2011 Cash flows from investing operating activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments Profit for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net the period 34,321,310 40,156,273 Adjustment to reconcile profit to net cash provided by (used in) operating activities : Allowance for doubtful account (reversal) (135,000) (60,000) Depreciation and amortization 98,550,039 61,829,423 Loss from branches closing and renovation 3,086,681 1,198,588 (Gain) loss on sale of fixed assets (744,135) (323,134) Interest incomes (91,930) (86,010) Employee benefit 672,593 563,328 Cost of asset dismantlement 193,669 19,941 Interest expenses 8,291,826 5,666,333 Income tax 9,341,031 18,254,534 Profit from before changes in operating assets and liabilities 153,486,084 127,219,276 (Increase) decrease in operating assets Trade accounts receivable 230,802 17,463 Inventories 19,368,739 5,283,156 Other accounts receivable and other current assets (11,241,598) 7,066,820 Increase (decrease) in operating liabilities Trade accounts payable (65,427,538) 27,436,465 Other accounts payable 4,273,316 12,572,417 Other current liabilities 1,311,952 (802,623) Cash received from operating 102,001,757 178,792,974 Interest income received 91,930 86,010 Employee benefit paid (306,150) - Income tax paid (11,942,158) (17,439,989) Net cash provided by operating activities 89,845,379 161,438,995 Notes to interim financial statements form an integral part of these statements STATEMENTS OF CASH FLOWS (CONT.) FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 31, 2012 AND 2011 Baht 2012 2011 Cash flows from investing activities 19,792 Cash paid for purchase of plant and equipment (20,490145,956,240) (121,800,055) Cash received for sale of equipment Cash paid for leasehold rights Cash received for sale of leasehold rights Cash paid for intangible assets 3,830,373 (1,955,647) 2,336,449 (1,725,137) 510,748 - - (3,334,820) Xxxx paid for refundable deposits and others (14,707,796) (22,189,169) Cash paid to purchase the assets of Daidomon (33,740,104) - Increase (decrease) in account payable-leasehold from financial institution 1,067,007 - Xxxx paid to account payable-leasehold from financial institution (6,905,768) - Cash paid to accounts payable for products (328,060) - Net cash used in investing activities (198,084,923) (146,813,296) Cash flows from financing activities Increase (decrease) in shortbank overdrafts from financial institutions (5,713,899) (1,121,449) Cash paid to liability under financial lease contracts - (324,239) Cash paid to liability under hire-purchase contracts (3,466,276) (1,155,381) Cash paid to long-term loan from related parties (27,170,984) (83,940,000) Cash received for long-term loan from financial institutions 90,961,000 63,019,549 Cash paid to long-term loan from financial institutions (3,13325,858,915) 7,145 (55,229,804) Xxxx received from issued ordinary shares 165,043,291 78,940,000 Xxxx paid to interest expenses (8,021,430) (5,428,496) Cash receipts from paid to long-term loans loan from financial institution related persons - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,8954,750,000) Net cash provided by (used in in) financing activities 185,772,787 (45,093) (1,3249,989,820) Net increase (decrease) in cash and cash equivalents 11,669 29,348 77,533,243 4,635,879 Cash and cash equivalents - at beginning of period 110,738 4,900 17,883,604 20,702,881 Cash and cash equivalents - ending at end of period 122,407 34,248 95,416,847 25,338,760 Additional disclosures of cash flows information : The Company acquired fixed assets by means of - Liabilities under hire-purchase contracts 16,295,337 6,646,272 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:statements NOTES TO INTERIM FINANCIAL STATEMENTS SEPTEMBER 30, 2012
Appears in 1 contract
Samples: jckh.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 13, 2022 (Mr. Thanawut PiboonsawatMiss Xxxxxxx Xxxxxxxxxxxx) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok6838 "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION AS AT MARCH 31, Thailand August 9, 2021 2022 ASSETS In Thousand Baht Consolidated financial statements Separate financial statements As at June March As at December As at March As at December Note 3031, 2022 31, 2021 31, 2020 Current assets 2022 31, 2021 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 224,354 249,587 115,241 160,484 Trade accounts receivable from sales and other services - general companies 6 211,352 191,242 171,879 132,490 - related companies 5, 6 20,678 25,291 2,845 6,529 Other current receivables - general companies 41,266 29,718 18,628 10,554 - related companies 5 190,265 149,479 5,330 1,354 245,892 224,841 Trade accounts receivable from construction work 6 2,795 2,603 2,795 2,603 Current contract assets 6 15,003 24,245 15,003 24,245 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 362,720 349,945 162,288 164,727 Advance for purchase of inventories 62,989 64,784 62,989 64,784 Short-term loan to related companies 5 - - 57,691 57,691 Other current assets 278 496 47,142 35,008 22,735 11,747 Total current assets 544,323 526,492 Non-current assets Restricted deposits with financial institution 8 3,029 3,025 Property, plant and equipment 10 260,060 223,434 Right-of-use assets 11 69,057 72,771 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 Other non-current assets 568 467 Total non-current assets 348,774 316,390 TOTAL ASSETS 893,097 842,882 993,629 973,777 877,986 860,695 Notes to the interim financial statements form an integral part of these interim statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2022 ASSETS (CONT.) In Thousand Baht Consolidated financial statements. statements Separate financial statements As at June March As at December As at March As at December Note 3031, 2022 31, 2021 31, 2020 Current liabilities 2022 31, 2021 NON-CURRENT ASSETS Restricted deposit with bank 8 5,639 5,640 5,420 5,420 Trade and other non-current receivables 59,740 54,506 59,740 54,506 Other non-current financial assets 9 83,243 84,530 83,243 84,530 Investment - subsidiaries companies 10 - - 245,172 245,172 - associated companies 10 894,628 877,986 163,547 163,547 Property, plant and equipment 11 1,479,464 1,511,950 915,285 937,772 Right-of-use assets 26,072 25,950 8,463 9,002 Deferred tax assets 12 - - 1,307 879 Other non-current assets 11,813 3,839 402 387 Total non-current assets 2,560,599 2,564,401 1,482,579 1,501,215 TOTAL ASSETS 3,554,228 3,538,178 2,360,565 2,361,910 Notes to interim financial statements form an integral part of these statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2022 LIABILITIES AND SHAREHOLDERS' EQUITY In Thousand Baht Consolidated financial statements Separate financial statements As at March As at December As at March As at December Note 31, 2022 31, 2021 31, 2022 31, 2021 CURRENT LIABILITIES Short-term loans from financial institutions 13 65,000 65,000 - 3,146 - Short-term loans from related companies 5 60,400 51,050 - - Trade accounts payable - general companies 200,968 185,916 97,794 91,556 Other current payable - general companies 14 142,912 151,422 122,848 127,715 Trade and other current payables 4.3, 14 104,762 82,909 Derivative - related companies 5 15,349 20,911 15,658 21,878 Current contract liabilities 21 - 3,500 861 16,947 861 16,947 Current portion of long- Long-terms loans term loan from financial institution institutions 15 18,333 11,667 5,737 5,784 5,737 5,784 - Lease liabilities 9,931 9,271 3,440 3,419 Current portion of lease provisions for employee benefits 16,679 16,679 16,368 16,368 Other current liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 14,532 10,194 8,693 8,989 Total current liabilities 139,972 114,553 Non532,369 533,174 271,399 292,656 NON-current liabilities CURRENT LIABILITIES Long-term loans from financial institutions 15 - 8,333 1,399 - 1,399 Lease liabilities 4.3, 16 55,634 57,291 13,622 14,663 5,396 6,074 Non-current provisions for employee benefit 5,429 4,959 benefits 53,364 52,346 34,645 33,980 Defferred Tax liabilities 12 32,319 32,875 - - Other non-current liabilities 61,535 60,667 61,066 60,667 Total non-current liabilities 61,063 70,583 160,840 161,950 101,107 102,120 TOTAL LIABILITIES 201,035 185,136 693,209 695,124 372,506 394,776 Notes to the interim financial statements form an integral part of these interim statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF FINANCIAL POSITION (CONT.) AS AT MARCH 31, 2022 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) In Thousand Baht Consolidated financial statements. statements Separate financial statements As at June March As at December As at March As at December Note 3031, 2022 31, 2021 31, 2020 Shareholders2022 31, 2021 SHAREHOLDERS' equity EQUITY Share capital Authorized - common share capital 440,000,000 ordinary shares, at Baht 0.50 each 220,000 220,000 1 par value - Registered 593,125,849 shares 593,126 593,126 593,126 593,126 - Issued and paid-paid - up share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium 593,125,849 shares 593,126 593,126 593,126 593,126 Premium on ordinary shares 378,757 378,757 72,404 72,404 72,404 72,404 Retained earnings - Appropriated Legal legal reserve 17 14,310 12,663 59,313 59,313 59,313 59,313 - Unappropriated 78,995 46,326 1,848,722 1,829,953 1,229,685 1,207,474 Other components of equity 66,374 67,661 33,531 34,817 Total shareholder's equity of the parent company 2,639,939 2,622,457 1,988,059 1,967,134 Non-controlling interests 221,080 220,597 - - TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 2,861,019 2,843,054 1,988,059 1,967,134 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 3,554,228 3,538,178 2,360,565 2,361,910 Notes to the interim financial statements form an integral part of these interim financial statements. statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2022 In Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note Consolidated financial statements Separate financial statements 2022 2021 2020 2022 2021 2020 Revenues Revenues from sale 219,731 166,028 404,556 327,944 Other Sales and services income 4.4 4,402 142 8,927 2,531 Construction income Total revenues 224,133 166,170 413,483 330,475 Expenses Cost Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 and services Cost of construction Total cost Gross profit Dividend income Other income Gain from sale of assets Gain on foreign exchange rates Profit before expenses Selling expenses Administrative expenses 4.4 15,861 16,727 31,688 31,680 Total expenses 176,435 141,644 328,949 280,831 Profit (loss) from operationg activities 47,698 24,526 84,534 49,644 operations Finance costs 4.4 1,425 2,390 2,823 5,104 Profit (loss) before equity in net income of associated companies Share of profit from investment in associated companies Profit (loss) before income tax expense 46,273 22,136 81,711 44,540 Income tax expense 19 9,096 4,814 16,111 9,575 Tax expenses (income) Profit (loss) from continued operation for the period 37,177 17,322 65,600 34,965 Other comprehensive income for the period Note 523,655 12,807 536,462 458,953 18,605 477,558 231,469 12,807 244,276 219,478 18,605 238,083 27 27 (445,841) (11,326) (457,167) 79,295 4,580 14,990 2,511 1,300 102,676 (34,881) (62,526) (97,407) 5,269 (843) 4,426 20,592 25,018 1,228 23,790 (389,336) (14,186) (403,522) 74,036 10,355 22,794 9 1,486 108,680 (41,404) (67,324) (108,728) (48) (1,451) (1,499) 13,169 11,670 (108) 11,778 (173,839) (11,326) (185,165) 59,111 13,592 18,494 2,511 12 93,720 (34,479) (37,121) (71,600) 22,120 (336) 21,784 - 21,784 (428) 22,212 (171,238) (14,186) (185,424) 52,659 18,349 15,335 9 10 86,362 (41,246) (32,452) (73,698) 12,664 (452) 12,212 - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 Earnings per share 12,212 (Baht613) Basic earnings per share 20 0.08 0.07 0.15 0.16 12,825 5 5 5 10 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statement "UNAUDITED" "REVIEWED" SIAM STEEL INTERNATIONAL PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES THE STATEMENTS OF COMPREHENSIVE INCOME (CONT.) FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2022 In Thousand Baht Retained earnings Total Note paid-up sharescapital Consolidated financial statements Separate financial statements 2022 2021 2022 2021 Other comprehensive income Items that will not be reclassified subsequently to profit or loss Loss on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 revaluation of financial assets Equity in comprehensive income of associated company Items subsequently reclassifiable to profit or loss Other comprehensive income (5,885expense) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid for the period Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of profit for the period to cash provided by Note (used in1,287) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses 166 - (reversal1,121) 22,669 - - - - 11,778 (1231,287) 202 Loss on declining in value of inventories - - (reversal1,287) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non20,925 - - - -current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:
Appears in 1 contract
Samples: www.siamsteel.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”. (Mr. Thanawut Piboonsawat) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 2018 (Mr. Xxxxxxxx Xxxxxxxxxxx) Certified Public Accountant Registration No. 6699 ASSETS Note Thousand Baht As at June As at December Note 30, 2021 2018 31, 2020 Current assets 2017 CURRENT ASSETS Cash and cash equivalents 122,407 110,738 30,016 41,956 Temporary investments 5 181,043 199,119 Trade and other current receivables 5 190,265 149,479 6 326,144 274,841 Current portion of finance lease receivables 7 9,747 8,783 Unbilled receivables 4,274 11,877 Inventories 6 159,160 115,779 Other current financial assets 7 70,000 150,000 Derivative assets 21 2,213 - 8 306,595 291,266 Other current assets 278 496 Total current assets 544,323 526,492 Non372 910 TOTAL CURRENT ASSETS 858,191 828,752 NON-current assets Restricted deposits with financial institution 8 3,029 3,025 Property, plant CURRENT ASSETS General investment 242 242 Long-term finance lease receivables 7 15,268 10,473 Property and equipment 9 150,471 150,468 Goodwill 10 260,060 223,434 Right-of-use assets 334,672 334,672 Customer relationship 11 69,057 72,771 80,693 88,082 Intangible assets 12 4,846 4,870 Deferred tax assets 3,320 4,405 Deferred molds 6,694 6,218 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 25,495 27,301 Other non-current assets 568 467 Total non19,338 17,352 TOTAL NON-current assets 348,774 316,390 CURRENT ASSETS 626,179 628,590 TOTAL ASSETS 893,097 842,882 1,484,370 1,457,342 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF FINANCIAL POSITION (CONT.) AS AT JUNE 30, 2018 LIABILITIES AND SHAREHOLDERS' EQUITY Thousand Baht As at June As at December Note 30, 2021 2018 31, 2020 Current liabilities 2017 CURRENT LIABILITIES Trade and other payables 13 223,282 174,475 Income tax payable 15,759 17,474 Short-term loans from financial institutions 13 provisions 144 - 3,146 Trade and other current payables 4.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 Current portion of long-terms loans from financial institution 15 18,333 11,667 Current portion of lease liabilities 4.3, 16 12,350 11,693 Corporate income tax payable 4,527 1,638 Total Other current liabilities 139,972 114,553 Non5,242 5,817 TOTAL CURRENT LIABILITIES 244,427 197,766 NON-current CURRENT LIABILITIES Deferred tax liabilities Long-term loans from financial institutions 15 - 8,333 Lease liabilities 4.3, 16 55,634 57,291 Non-current provisions for employee 10,336 13,455 Employee's benefit 5,429 4,959 Total obligations 15,784 14,898 Other non-current liabilities 61,063 70,583 18,588 16,547 TOTAL NON-CURRENT LIABILITIES 44,708 44,900 TOTAL LIABILITIES 201,035 185,136 289,135 242,666 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF FINANCIAL POSITION (CONT.) AS AT JUNE 30, 2018 LIABILITIES AND SHAREHOLDERS' EQUITY (CONT.) Thousand Baht As at June As at December Note 30, 2021 31, 2020 ShareholdersSHAREHOLDERS' equity EQUITY Share capital Authorized share capital 440,000,000 Note 30, 2018 31, 2017 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 292,250 292,250 Issued and paid-up share capital 440,000,000 584,500,000 ordinary shares, shares of Baht 0.50 each 220,000 220,000 Share premium 292,250 292,250 Premium on ordinary shares 378,757 378,757 776,416 776,416 Retained earnings Appropriated Legal reserve 17 14,310 12,663 20,351 20,351 Unappropriated 78,995 46,326 106,218 125,659 TOTAL SHAREHOLDERS' ’ EQUITY 692,062 657,746 1,195,235 1,214,676 TOTAL LIABILITIES AND SHAREHOLDERS' ’ EQUITY 893,097 842,882 1,484,370 1,457,342 Notes to the interim financial statements form an integral part of these interim financial statements. statements STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2018 Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, Note 2021 2020 2021 2020 2018 2017 Revenues Revenues from sale 219,731 166,028 404,556 327,944 sales 309,689 292,630 Revenue from rendering of services 47,361 35,637 Other income 4.4 4,402 142 8,927 2,531 2,070 3,120 Total revenues 224,133 166,170 413,483 330,475 359,120 331,387 Expenses Cost of sales 4.4 152,335 118,505 281,299 236,188 Distribution costs 4.4 8,239 6,412 15,962 12,963 212,299 201,796 Cost of rendering of services 36,747 33,447 Selling expenses 29,075 25,384 Administrative expenses 4.4 15,861 16,727 31,688 31,680 38,884 31,845 Total expenses 176,435 141,644 328,949 280,831 Profit from operationg activities 47,698 24,526 84,534 49,644 Finance costs 4.4 1,425 2,390 2,823 5,104 317,005 292,472 Profit before income tax expense 46,273 22,136 81,711 44,540 expenses 42,115 38,915 Income tax expense 19 9,096 4,814 16,111 9,575 expenses 8,333 7,908 Profit for the period 37,177 17,322 65,600 34,965 33,782 31,007 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 34,965 33,782 31,007 Earnings per share (Baht) Basic earnings earning per share 20 0.08 0.07 0.15 0.16 (Baht per share) 16 0.06 0.05 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium statements STATEMENT OF COMPREHENSIVE INCOME (CONT.) FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2018 Thousand Baht Retained earnings Note 2018 2017 Revenues Revenues from sales 590,337 562,021 Revenue from rendering of services 77,372 59,048 Other income 5,771 8,153 Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 revenues 673,480 629,222 Expenses Cost of sales 402,949 394,177 Cost of rendering of services 66,353 53,633 Selling expenses 53,793 47,947 Administrative expenses 72,642 63,522 Total expenses 595,737 559,279 Profit before income tax expenses 77,743 69,943 Income tax expenses 15,354 12,831 Profit for the period 62,389 57,112 Other comprehensive income for the period - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 62,389 57,112 Earnings per share Basic earning per share (Baht per share) 16 0.11 0.10 Notes to the interim financial statements form an integral part of these statements STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2018 Thousand Baht Issued and Premium Retained earnings Total Note paid-up share capital on ordinary shares Appropriated legal reserve Unappropriated shareholders' equity Beginning balance as at January 1, 2017 292,250 776,416 13,867 55,106 1,137,639 Dividend - - - (52,605) (52,605) Total comprehensive income for the period - - - 57,112 57,112 Ending balance as at June 30, 2017 292,250 776,416 13,867 59,613 1,142,146 Beginning balance as at January 1, 2018 292,250 776,416 20,351 125,659 1,214,676 Dividend 14 - - - (81,830) (81,830) Total comprehensive income for the period - - - 62,389 62,389 Ending balance as at June 30, 2018 292,250 776,416 20,351 106,218 1,195,235 Notes to the interim financial statements. statements form an intergral part of these statements STATEMENT OF CASH FLOWS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2018 Baht 2018 2017 Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of 62,389 57,112 Adjustment to reconcile profit (loss) for the period to net cash provided by (used in) operating activitiesactivities : Bad debt and allowance for doubtful account (reversal) 2,168 (878) Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 8,077 7,803 Amortization of customer relationship 7,389 7,389 Loss on declining in value devaluation of inventories (reversal) (639) 1,661 3,675 2,919 (Gain) loss on disposal disposals of equipment fixed assets (66436) 11 443 Unrealized (gain) loss on exchange rate (5,4771,590) 304 Employee benefit expense 470 453 928 (Gain) loss on disposals of investment (1,019) (1,833) Unrealized (gain) loss on revaluation of temporary investments 2,693 726 Interest income (64746) (3240) Interest expense 2,256 4,814 Dividend income - (560) Employee's benefit expenses 886 826 Income tax expense 16,111 9,575 15,354 12,831 Profit provided by from operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets 99,540 87,666 Trade and other current receivables (26,72053,448) 22,723 Finance lease receivables (18,8045,758) 3,198 Unbilled receivables 7,603 (12,555) Inventories (42,74220,706) 1,296 (55,477) Other current assets 219 69 Deferred molds 537 461 Other non-current assets (1,986) (261) Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other payables 54,037 25,840 Short-term provisions 144 760 Other current payables 17,892 liabilities (2,273575) (530) Employee's benefit obligations - (1,901) Other non-current liabilities 2,041 124 Cash received (paid) from operations 49,118 57,945 operating 81,429 70,048 Income tax expense paid (12,14820,189) (6,78314,265) Net cash provided by (used in) operating activities 36,970 51,162 61,240 55,783 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 statements STATEMENT OF CASH FLOWS (CONT.) FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2018 Baht Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - redemption of temporary investments 230,402 263,675 Cash payments for purchase of property, plant and equipment temporary investment (60,403214,000) (20,153271,634) Cash receipts from disposal of equipment 122 8 2,266 439 Cash payments for purchase of intangible asset equipment (3386,192) (368924) Cash payments for purchases of intangible assets (3,872) (828) Interest income received 415 36 46 40 Dividends received - 560 Net cash provided by (used in) investing activities 19,792 Dividend paid 8,650 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,66781,830) (10,476) Cash payments for repayment of lease liabilities (6,7508,672) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,89552,605) Net cash provided by (used in in) financing activities (45,09381,830) (1,32452,605) Net increase (decrease) in cash and cash equivalents 11,669 29,348 (11,940) (5,494) Cash and cash equivalents - at beginning of period 110,738 4,900 41,956 35,866 Cash and cash equivalents - ending at end of period 122,407 34,248 30,016 30,372 Supplementaly disclosures of cash flows information : 2018 2017 Cash flows from financing activities Non-Cash transaction Liabilities incurred from acquisition of fixed assets and intangible assets Liabilities incurred from acquisition of fixed assets and intangible assets as at January 1, 4,045 670 Inventories transferred to fixed asset (2,348) (3,572) Add Purchases of fixed assets and intangible assets 8,749 4,733 Less Cash payments (10,064) (1,752) Liabilities incurred from acquisition of fixed assets and intangible assets as at June 30, 382 79 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:statements XXXX ENGINEERING SOLUTIONS PUBLIC COMPANY LIMITED NOTES TO THE INTERIM FINANCIAL STATEMENTS JUNE 30, 2018
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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 August 7, 2020 (Mr. Thanawut Piboonsawat) Certified Public Accountant Registration No. 6699 Dharmniti Auditing Company Limited Bangkok, Thailand August 9, 2021 ASSETS Thousand Baht As at June As at December Note 30, 2021 31, 2020 Current assets Cash and cash equivalents 122,407 110,738 34,248 4,900 Trade and other current receivables 5 190,265 149,479 5.3, 6 119,239 101,206 Inventories 6 159,160 115,779 Other current financial 7 121,202 124,159 Current tax assets 7 70,000 150,000 Derivative assets 21 2,213 - 71 71 Other current assets 278 496 357 426 Total current assets 544,323 526,492 Non275,117 230,762 on-current assets Restricted deposits with financial institution Fixed deposit used for pledge 8 3,029 3,025 Property, plant 3,021 3,007 Other long-term investment 9 - 1,200 Leasehold improvements and equipment 10 260,060 223,434 161,555 172,553 Right-of-use assets 11 69,057 72,771 78,838 - Intangible assets 12 4,846 4,870 4,975 4,947 Deferred tax assets 3,320 4,405 3,776 3,186 Deferred molds 6,694 6,218 mold 13 6,153 9,462 Non-current non-cash financial asset pledged as collateral 9 1,200 1,200 - Other non-current assets 568 467 346 174 Total non-current assets 348,774 316,390 TOTAL 259,864 194,529 OTAL ASSETS 893,097 842,882 534,981 425,291 Current assets ASSETS Thousand Baht As at June As at December 30, 2020 31, 2019 (Reclassified) Note (Note 25) N T Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 2020 31, 2020 2019 (Reclassified) Note (Note 25) Current liabilities Short-term loans from financial institutions 13 - 3,146 14 46,648 41,043 Trade and other current payables 4.35.3, 14 104,762 82,909 Derivative liabilities 21 - 3,500 15 117,142 77,911 Current portion of long-terms loans from financial institution 15 18,333 11,667 16 15,240 18,096 Current portion of lease liabilities 4.3, 16 12,350 11,693 17 12,181 3,791 Corporate income tax payable 4,527 1,638 3,287 - Derivative liabilities 4 1,963 - Total current liabilities 139,972 114,553 196,461 140,841 Non-current liabilities Long-term loans from financial institutions 15 - 8,333 institution 16 60,410 48,030 Lease liabilities 4.35.3, 16 55,634 57,291 17 62,627 4,298 Non-current provisions for employee benefit 5,429 4,959 4,506 4,053 Total non-current liabilities 61,063 70,583 127,543 56,381 TOTAL LIABILITIES 201,035 185,136 324,004 197,222 Notes to the interim financial statements form an integral part of these interim financial statements. As at June As at December Note 30, 2021 2020 31, 2020 2019 (Reclassified) Note (Note 25) Shareholders' equity Share capital 18 Authorized share capital 440,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 10,000,000 ordinary shares, Baht 10.00 each 100,000 Issued and paid-up share capital 440,000,000 320,000,000 ordinary shares, Baht 0.50 each 220,000 220,000 Share premium on 160,000 10,000,000 ordinary shares 378,757 378,757 shares, Baht 10.00 each 100,000 Retained earnings 19 Appropriated Legal reserve 17 14,310 12,663 19 10,811 4,926 Unappropriated 78,995 46,326 40,166 123,143 TOTAL SHAREHOLDERS' EQUITY 692,062 657,746 210,977 228,069 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 893,097 842,882 534,981 425,291 Notes to the interim financial statements form an integral part of these interim financial statements. FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED JUNE 30, 2020 Thousand Baht For the three-month period ended For the six-month period ended June 30, June 30, 2020 2019 (Restated) 2020 2019 (Restated) Note 2021 2020 2021 2020 (Note 22) (Note 22) Revenues Revenues from sale 219,731 5.4 166,028 404,556 156,266 327,944 294,618 Other income 4.4 4,402 142 8,927 140 2,531 328 Total revenues 224,133 166,170 413,483 156,406 330,475 294,946 Expenses Cost of sales 4.4 152,335 5.4 118,505 281,299 112,807 236,188 215,242 Distribution costs 4.4 8,239 6,412 15,962 6,393 12,963 12,345 Administrative expenses 4.4 15,861 5.4 16,727 31,688 11,891 31,680 23,951 Total expenses 176,435 141,644 328,949 131,091 280,831 251,538 Profit from operationg activities 47,698 24,526 84,534 25,315 49,644 43,408 Finance costs 4.4 1,425 5.4 2,390 2,823 1,863 5,104 3,172 Profit before income tax expense 46,273 22,136 81,711 23,452 44,540 40,236 Income tax expense 19 9,096 21 4,814 16,111 4,717 9,575 8,089 Profit for the period 37,177 17,322 65,600 18,735 34,965 32,147 Other comprehensive income for the period - - - - Total comprehensive income for the period 37,177 17,322 65,600 18,735 34,965 32,147 Earnings per share (Baht) 22 Basic earnings per share 20 0.08 0.07 0.15 0.09 0.16 0.18 Notes to the interim financial statements form an integral part of these interim financial statements. Issued and Share premium Thousand Baht Retained earnings Total Note paid-up sharescapital on ordinaryshares Appropriated Legal reserve Unappropriated shareholders'equity 100,000 - 4,926 122,886 227,812 60,000 - - - 60,000 - - 5,885 (5,885) - - - - (111,800) (111,800) - - - 34,965 34,965 160,000 - 10,811 40,166 210,977 220,000 378,757 12,663 46,326 657,746 17 - - 1,647 (1,647) - 17 - - - (31,284) (31,284) - - - 65,600 65,600 220,000 378,757 14,310 78,995 692,062 Beginning balance as at January 1, 2020 Increase in share capital Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2020 Beginning balance as at January 1, 2021 Legal reserve Dividend paid Total comprehensive income for the period Profit for the period Ending balance as at June 30, 2021 Notes to the interim financial statements form an integral part of these interim financial statements. Cash flows from operating activities 2021 2020 Profit for the period 65,600 34,965 Reconciliations of profit for the period to cash provided by (used in) operating activities: Depreciation and amortization 23,552 22,395 Bad debt and expected credit losses (reversal) (123) 202 Loss on declining in value of inventories (reversal) (639) 1,661 (Gain) loss on disposal of equipment (66) 11 Unrealized (gain) loss on exchange rate (5,477) 304 Employee benefit expense 470 453 Interest income (647) (32) Interest expense 2,256 4,814 Income tax expense 16,111 9,575 Profit provided by operating activities before changes in operating assets and liabilities 101,037 74,348 (Increase) decrease in operating assets Trade and other current receivables (26,720) (18,804) Inventories (42,742) 1,296 Other current assets 219 69 Deferred molds Other non-current assets Increase (decrease) in operating liabilities (476) (92) 3,309 - Trade and other current payables 17,892 (2,273) Cash received from operations 49,118 57,945 Income tax expense paid (12,148) (6,783) Net cash provided by operating activities 36,970 51,162 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Cash flows from investing activities (Increase) decrease in restricted deposit with financial institution (4) (13) Cash receipts from withdrawn other current financial assets 80,000 - Cash payments for purchase of property, plant and equipment (60,403) (20,153) Cash receipts from disposal of equipment 122 8 Cash payments for purchase of intangible asset (338) (368) Interest income received 415 36 Net cash provided by (used in) investing activities 19,792 (20,490) Cash flows from financing activities Increase (decrease) in short-term loan from financial institutions (3,133) 7,145 Cash receipts from long-term loans from financial institution - 20,000 Cash payments for long-term loans from financial institution (1,667) (10,476) Cash payments for repayment of lease liabilities (6,750) (6,098) Cash receipts from increase in share capital - 60,000 Dividend paid (31,282) (67,000) Interest expense paid (2,261) (4,895) Net cash used in financing activities (45,093) (1,324) Net increase (decrease) in cash and cash equivalents 11,669 29,348 Cash and cash equivalents - beginning of period 110,738 4,900 Cash and cash equivalents - ending of period 122,407 34,248 Notes to the interim financial statements form an integral part of these interim financial statements. 2021 2020 Supplement disclosure for cash flows information:.
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