trade and other payables amount of Baht 223 million or 38.6%, bank overdrafts and short-term loans from financial institutions amount of Baht 139 million or 24.1%, long-term loans from financial

- 26.27 26.27 100.00% Reserve for Doubtful Debts 5.90 8.85 2.95 50.00% Others 28.59 33.13 4.54 15.88% Administrative expenses 107.83 177.37 69.54 64.49% Administrative expense for the nine-month period

% Loss on exchange rate - 34.88 34.88 100.00% Reserve for Doubtful Debts 0.52 21.65 21.13 4,063.46% Others 38.97 48.78 9.81 25.17% Administrative expenses 137.81 251.18 113.37 82.27% Administrative expense

2018 14 FEB 2019 U CITY PCL 2018 MD&A (for the year ended 31 December 2018) 9 U CITY PCL 15 MAY 2018 Mainly due to the EBT of UE: (i) an increase in long-term loans to related parties and interest

receivables 60.56 77.39 102.40 Short-term loans and related parties 3.56 87.82 113.12 Other current assets 7.21 - - Total current assets 71.38 165.40 215.63 Non-current assets Long-Term investments 30.90 30.90

Current assets Cash and cash equivalents 0.03 0.18 0.10 Temporary investment 0.02 - - Trade and other receivables 60.56 77.39 102.40 Short-term loans and related parties 3.56 87.82 113.12 Other current

and Metro Public Company Limited was refinanced long term loans for the Si Rat-Outer Ring Road Expressway Project with total of Baht 10,000 Million with floating interest rate by issuing debentures with

existing shareholders at the price of Baht 35 million and provide loans to WOG ITR of Baht 265 million (after becoming a subsidiary) with the purpose of using to repay loans and interest from previous

the future. หนา 4 ของ 5 IV Finance Costs Comprising interests from bank loans, interests from debentures, and financial leasing agreements, in the period for year ended December 31, 2018, accumulated

as targeted. Financial Costs The Company's total financial cost in 2019 was 54.3 million Baht, which decreased from 2018 by 8.7 million Baht or 13.8 percent due to the Company repaid loans to the