the Capital Market Supervisory Board No. Tor Dor. 98/2552 Re: Custody of Assets Received or Possessed by Derivatives Clearing Houses for Members dated 28 October 2009, which have been in effect prior to

for the 1st Quarter 2018 Page 5 of 11 Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) The consolidated EBITDA in 1Q2018 was THB 523.27 million, decreased by THB 242.68 million or

Profit (loss) from operating activities before changes in operating assets and liabilities 84 194 -57% Profit (loss) from changes in operating assets and liabilities (60) (19) -225% Net Cash flows from

holders of the Company/ operating revenue 3 Net Profit (Annualised) / Average Total Shareholders’ equity (average of outstanding at end of the previous year and at end of this year) 4 Earnings before

2018 % Change Profit (loss) from operating activities before changes in operating assets and liabilities 155 64 92.7% Profit (loss) from changes in operating assets and liabilities 88 7 33.8% Net Cash

(average of outstanding at end of the previous year and at end of this year) 4 Earnings before interest and tax (Annualised) / Average Total Assets (average of outstanding at end of the previous year and at

from related parties (117.7) (4.6%) (172.8)1 (4.5%) (55.1) 46.8% Profit (loss) before income taxes 484.8 18.8% (327.0) (8.6%) (811.8) (167.5%) Income tax expenses (34.7) (1.3%) (139.8) (3.7%) (105.1

23.37 12.72 54.4 Profit Attributable to Owner of the Company before exchange rate 2,152.97 1,863.28 289.69 15.5 Gain (loss) on exchange rate 48.02 (762.23) 810.25 106.3 Profit Attributable to Owner of the

before Interest, Taxes, Depreciation and Amortization EDL = Electricite Du Laos EGAT = Electricity Generating Authority of Thailand ERC = Energy Regulatory Commission EPC = Engineering, Procurement and

) from operating activities before changes in operating assets and liabilities 482 704 -32% Profit (loss) from changes in operating assets and liabilities (334) (252) -33% Net Cash flows from (used in