. Collaboration with strategic partners B.Grimm entered Long Term Service Agreement (LTSA) with Siemens to improve performance of gas turbines. 2 projects completed the upgrades in 2019 while 4 more projects are
safety and personal hygiene. In 2017, IVL completed the acquisition of Glanzstoff which is Europe’s largest manufacturer of tire cord fabrics and sin- gle-end cords. The Company also acquired DuraFiber in
staff and workers in order to accommodate equipment, machinery of the Company for completed works to ensure that they are taken care of, improved and repaired for further usage in next projects, and to
structures, buildings, camps for staff and workers in order to accommodate equipment, machinery of the Company for completed works to ensure that they are taken care of, improved and repaired for further usage
the strengthen in Thai Baht. Major Development in 2Q19 On April 1st, 2019, the Company opened Dusit Central Park Project to develop mix-used real estate project which it will be completed in 2024. In
investments) less cash outflow for the various projects underway which are not yet completed and have not yet started contributing to the earnings. Organic growth is calculated as the change in production on a
supplies, vehicles and computer equipment because the main company business is system integration and requires no big fixed asset items. 2.2 Sources of Fund Liabilities The Company reports its liabilities at
requires high spending. Page 5 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 30 September 2017 31 December 2016 % Change Cash and cash equivalents 37 92 -60% Trade