1,015.5 816.4 80.4 Deficit from business combination under common control (22.9) (22.9) - - Total equity 10,793.0 5,571.6 5,221.4 93.7 31 December Statement of Financial Position Change 3. Analysis of

Total liabilities 7,743.2 8,315.1 (571.9) (6.9) Issued and paid-up share capital 4,579.0 4,579.0 - - Retained earnings - unappropriated 1,585.5 1,015.5 570.0 56.1 Deficit (22.9) (22.9) - - Total equity

1,831.9 538.1 29.4 Deficit from business combination (22.9) (22.9) - - Total equity 11,331.1 10,793.0 538.1 5.0 Statement of Financial Position Change Analysis of Financial Position 10 Assets Total assets

dividend payment. 3. Total equity as of December 31, 2019 and December 31, 2018 was THB 40,959 million and THB 67,327 million, respectively, which is equivalent to a decrease by 39.2% mainly due to dividend

Current liabilities 12,514 13,732 1,218 Non-current liabilities 27,571 29,774 2,203 Total liabilities 40,085 43,506 3,421 Total equity 27,596 28,624 1,028 Gearing ratio (times) 0.98x 1.03x Net gearing ratio

an increase by 5.4%, primarily due to THB 11,000 million in loans drawn down primarily to fund our investment with Grab, Inc. in Thailand and our consolidation of Nguyen Kim. 3. Total equity as of

6,240 million, increased by THB 1,295 million YTD due to an increase in total asset as a result of the acquisition of GLOW and CUP-4 plant started its commercial operation in Q3/2019. • Finance costs for

Shareholder's equity Registered capital 5,000,000 Issued and paid-up capital – ordinary shares 5,000,000 Items December 31, 2016 Assets Cash and cash equivalents 198,674.01 Other current assets 36,995.84 Total

Fax. 0 2204 2616 Statement of Financial Position (Baht) Liabilities and shareholders’ equity Liabilities Trade and other current payables 65,975.77 Total current liabilities 65,975.77 Long-term

Other non-current assets 0.32 1.18 2.31 Total non-current assets 530.52 533.79 722.30 Total assets 688.47 668.56 852.05 Liabilities and shareholders’ equity Current liabilities O/D from financial