increased from Bank overdrafts and short-term loans from financial institutions Baht 209.62 million, recorded account payables and other payables amount Baht 192.51 million. Non-current liabilities as at 30st

from using short-term loans for working capital within the company. 9. Tax expenses in the quarter 3/2019 was Bath 1.42 million compared to quarter 3/2018 which tax income was Baht 1.35 million

investment will -3- continuously generate returns, growth of the assets, profits and cash flows for the Company and shareholders of the Company in the long term. The three audit committee members do not have

increased amount of 39.45 million Baht or 41.30%. Short-term loans to other persons decreased amount of 0.50 million Baht or 21.74%. Inventories increased amount of 5.39 million Baht or 17.68%. Advance

long term loan plus spread margin and considered as within range of market rate comparing other subordinated loans in Cambodia and exchange rate risk. 4. Total Value and Criteria to Value the Transaction

sum of the maximum service fees paid during the three-year contract term will not exceed Baht 784,330,344 or equivalent to 1.16% of the net value of tangible assets based on the consolidated financial

deducted by - an allowance for doubtful debts and bad debts of 3BB of 247 million Baht; - a provision for long-term employee benefits of 165 million Baht (as shown under Administrative Expenses, in

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...

% Financial costs in 2019 amounted to THB 34 million, an increase of 25.6% from last year regarding to TBSP consolidation and extra finance cost from additional long- term loan for Tender Offer in TBSP

residential property as well as for a long-term investment. Before starting every project, we carefully selecte locations and requirement of our target buyers. Although overall economy is soft, the Company’s