, net off with loan repayment as schedule in March 2018 by 560 million Baht. - Intangible assets were 3,684.17 million Baht, decreased by 18.56 million Baht from the amortizing of intangible assets. 2

, net off with the cash received from operations during in the first half of 2017 - Property, plant and equipment was 14,205.21 million Baht, increased by 143.00 million Baht mainly from the investment of

&A activity, sales & marketing expenses for the launch of new residential projects, write-off/impairment of asset, one-time income/expense, etc. Total Revenues In 3Q17, Singha Estate reported

total revenue. The increase was mainly from the continued growth of bad debt recovery that increased 27% y-y. In 2017, the Company had gain on sale of written off receivables in Q4/2017 of 179 million

or 3.08% compared to Q1/2018. The reasons were from increasing in tap water sales volume, net off with depreciation and amortization which increased by 5.89 million Baht from capacity expansion

business by focusing on the expert transportation business, all the cement mixers have been therefore written off from the assets and liabilities under financial lease agreement, resulting in a loss from the

investment was 510.39 million Baht, increased by 79.87 million Baht due to the cash from operation during the first half of 2018, net off with investment in property, plant and equipment as well as advance

2017 due to the changes in the following items: - Intangible assets was 3,655.42 million Baht, decreased by 47.32 million Baht due to amortization of concession assets, net off with investment for

been therefore written off from the assets and liabilities under financial lease agreement, resulting in a loss from the write-off of 2.60 million baht and recognized additional loss from write-off in

Leases Operating Cost (Exclude D&A) Single Expense EBITDA D&A Depreciation Operating Profits Finance Cost Interest EBT Asset Liabilities Off Balance sheet rights /obligations Soon to be opened Postponed