No.IFEC/SorNorBor/2017/0051 August 25, 2017 Subject: Submission of operation results for the year of 2016 and clarification. To: President The Stock Exchange of Thailand Inter Far East Energy
decreased when comparing with cash or equate with cash by 51 MB and decreased 34 MB of account receivable and increased of the inventory stocks about 21 MB and decreasing of other current asset about 2 MB and
% Other current assets 43.7 50 (5.9) -12.0% Total Liabilities 2,236 1,899 336.6 17.7% Bank overdrafts and short-term loans from banks 465 500 (35.16) -7.0% Trade and other payables 77 136 (58.54) -43% Other
reasons: Total current assets equal to 2,532.15 Million Baht as 182.09 Million Baht increased when compared to period of December 31, 2016 as amounting of 2,350.06 Million Baht by more short term loan of
MB and decreasing of the other current asset by 4 MB and 3 MB for the non-current asset and increasing 1 MB from the tax income Liabilities As of December 31, 2017, the Company and its subsidiaries
of machinery of 22.40 Million Baht thus subsidiaries has loss from impairment of investment in affiliate company of 165.70 Million Baht and also from Paradise Green Energy Company Limited of 52.32
% Total assets 10,899 8,410 2,490 29.6% Trade and other receivable 252 95 156 164.6% Inventories 240 248 (8) -3.3% Other current assets 57 50 7 14.9% Total Liabilities 2,544 1,899 645 33.8% Bank overdrafts
Baht 13.93 million dued to : 1. SAFE Energy Holdings Company Limited (“SAFE”) as the joint venture which the Company holds 33.37 %. Currently, the project has commenced the commercial operation since
Unit : million baht Detail 2018 2017 diff % Total assets 11,823 10,899 924 9% Trade and other receivable 334 277 57 21% Inventories 540 240 300 125% Other current assets 24 31 (7) (24%) Total Liabilities
receivable increase by Baht 7.03 million Other current assets increase by Baht 12.61 million Investment in associate decrease by Baht (8.29) million Property, plant and equipment decrease by Baht (15.37