- Translation - Page 1 of 11 CBG 008/2018 21 February 2018 Subject Management discussions and analysis for the year ending 31 December 2017 To President The Stock Exchange of Thailand We, Carabao
the advertising rights agreements for advertising media management with all contract parties, with the terms and conditions not inferior to the original agreements. บมจ.0107537002109 บริษทั ดีมีเตอร
has extended the advertising rights agreements for advertising media management with all contract parties, with the terms and conditions not inferior to the original agreements. บมจ.0107537002109 บริษทั
Company to support and increase the liquidity of the Company. Such company is a wholly-owned subsidiary of the ultimate parent company, namely Argyle Street Management Holding Limited (“ASMH”). ASMH is a
Ref. No. IVL 007/05/2018 May 10, 2018 The President The Stock Exchange of Thailand Subject: Submission of Annual Audited Financial Statements and the Management Discussion and Analysis of Indorama
Profit was due to the overall operational business increase of the Company together with a more effective management of its borrowings that resulted in overall reduced interest costs. Operating Performance
% Depreciation & amortization 6,917 8,164 8,079 17% -1.0% (Gain) loss on disposals of PPE 160 7 - -100% -100% Management benefit expense (34) (24) (48) 38% 99% Other financial cost (23) (8) (6) -75% -32% EBITDA
% Depreciation & amortization 4,073 6,828 6,917 70% 1.3% (Gain) loss on disposals of PPE 0 23 160 NA 594% Management benefit expense (36) (41) (34) -3.9% -15% Other financial cost (59) (32) (23) -62% -31% EBITDA
% 31,103 30,070 -3.3% Depreciation & amortization 6,262 7,332 7,738 24% 5.5% 14,839 21,986 48% (Gain) loss on disposals of PPE - (3) - NA -100% - 157 NA Management benefit expense (39) (48) (36) -6.6% -24
) loss on disposals of PPE 23 - 7 -69% NA 23 164 611% Management benefit expense (41) (36) (24) -41% -34% (150) (143) -5.0% Other financial cost (32) (13) (8) -75% -37% (181) (60) -67% EBITDA 15,058 17,589