1. General Information
Registration: The company registered under the Civil and Commercial Code
on August 20, 2552, registration number. 0215552002545
Company Address: No. 251 Ladprao 122 (Interior 1) Kaki Persimmon Road Wang Thong Lang district. Bangkok
original No. 188/20 Sukhumvit Road, Map Ta Phut, Rayong. Rayong
Type of business: the main contractors 2. Basis of preparation of financial statements 2.1, the Company has prepared its financial statements in accordance with International Financial Reporting Standards. For no conflict of interest in public affairs , including accounting interpretations and guidelines promulgated by the Federation of Accounting Professions and prepared in accordance with accounting principles generally accepted 2.2. The presentation of the financial statements have been made to conform to the requirements of the time required in the financial statements of the Department of Commerce announced the 2554 financial statements have been prepared under the historical cost convention. Except as otherwise disclosed in the accounting policies 3. Significant accounting policies 3.1 The recognition of income and expenses - Revenues from services are recognized as revenue. By completion of the service. Which is determined by the ratio of the services provided to current and potential customers offered the job. Compared to the total services to be provided - Other income and expenses are recognized on an accrual basis 3.2 Equipment and depreciation Equipment. Stated at cost less accumulated depreciation and depreciation of equipment. Calculate the cost of the assets using the straight-line method based on the useful life of 3.3. Provision for liabilities and potential liabilities the Company will record a provision when it is probable that the Group has a present obligation to pay under the law as a result of past events and estimate the amount of the burden. Commitment is reliably liabilities that may arise in the provision on employee benefits. The Company has determined it can not be the best estimate of the expenditure required to settle the present obligation. Since there is no certainty that such payments.
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