Appendix A

20 IAS adopted as Thai Accounting Standards

1. Framework for the Preparation and Presentation of Financial Statements 2. IAS 1: Presentation of Financial Statements 3. IAS 2: Inventories 4. IAS 7: Cash Flow Statements 5. IAS 8: Net Profit or Loss for the Period, Fundamental Errors and Changes in Accounting Policies 6. IAS 16: Property, Plant and Equipment 7. IAS 17: Leases 8. IAS 18: Revenue 9. IAS 21: The Effects of Changes in Foreign Exchange Rates 10. IAS 22: Business Combinations 11. IAS 23: Borrowing Costs 12. IAS 24: Related Party Disclosures 13. IAS 27: Consolidated Financial Statements 14. IAS 28: Investments in Associates 15. IAS 30: Disclosures in the Financial Statements of Banks and Similar Financial Institutions 16. IAS 31: Financial Reporting of Interests in Joint Ventures 17. IAS 32: Financial Instruments: Disclosure and Presentation 18. IAS 33: Earnings per Share 19. IAS 34: Interim Financial Reporting 20. IAS 36: Impairment of Assets

3 US GAAP as Thai Accounting Standards

1. TAS 34: Accounting for Trouble Debt Restructuring. SFAS 15, 114 2. TAS 40: Investment in Debt and Equity instruments SFAS 115, IAS 25, 39 3. TAS 42: Accounting for Investment Business AICPA

8 IAS under review by MoC

1. IAS 10: Events After the Balance Sheet Date 2. IAS 11: Construction Contracts 3. IAS 12: Income Taxes 4. IAS 14: Segment Reporting 5. IAS 20: Accounting for Government Grants and Disclosure of Government Assistance 6. IAS 35: Discontinuing Operations 7. IAS 37: Provisions, Contingent Liabilities and Contingent Assets 8. IAS 38: Intangible Assets

Not practical to Thailand

1. IAS 15: Information Reflecting the Effects of Changing Prices 2. IAS 29: Financial Reporting in Hyperinflationary Economies

Under drafting process

1. IAS 19: Employee Benefits 2. IAS 26: Accounting and Reporting by Retirement Benefit Plans 3. IAS 39: Financial Instruments: Recognition and Measurement 4. IAS 40: Investment Property 5. IAS 41: Agriculture

Thai SEC, February 2002