SET Releases
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 1999
29 February 2000
Total assets 1,445,747 1,222,469
Note The company has changed the classification for source of revenue to be source of production
since
this year. The company re-arranged the data of the 12 months period as of December 31, 1998 for
comparing
the data of the 12 months period as of December 31, 1999.
20. Computer Development plan for the problem in the year 2000
The process of soulving the year 2000, the company has completely executed the plan and
tested the system in September 1999.
21. The alter of accounting principle
The company had changed the accounting principle for evaluation of investment for securities
for trading from "The Lower of aggregate cost or market value." to "Fair value" in accordance
with "Thai accounting standards" chapter 40th accounting for investment in debt and equity
securities. The result of the new accounting principle, the company gained Baht 19.72 million from
adjusting the asset value which showed in the shareholders'.
The company recorded the impairment of assets which followed "Thai accounting standards"
chapter 36th "The impairment of assets" The consolidated and The company only got lost Baht 17.74
million and Baht 17.73 million, respectively from the impairment of assets, as of December 31,
1999.