year, mostly from increase of short term loans from UAC. 5. Comprehensive Income increased Baht 23.36 million or 175.71% from the corresponding period of the previous year, mostly from increase of gross

subsidiaries intend to engage in horizontal and vertical real estate development business as industrial and commercial real estate for sale and lease of short-term and long-term space. It also includes short and

shareholder in respect of execution of the office building space lease agreements, which are deemed connected transactions in the category of short-term rent/lease of real property in accordance with the Stock

GSC had applied the proceeds from the offer of sale of ordinary shares to the public (IPO) and its revolving capital in a loan to  ACAP, its major shareholder (64%) for a short term at the interest

lower coupon rate, and partial utilization of short-term instruments from financial institutions. PERFORMANCE BY BUSINESS Rental Properties Business 2017 2018 Increase/(Decrease) THB mm THB mm THB mm

December 2018. Total current assets were THB 2,103mn, which rose by 5.7% or THB 113mn. This was primarily attributable an increase in 1) cash and cash equivalents of THB 145mn, 2) short-term loans to related

million baht on December 31, 2016, increased of 150.58 million baht. The reason was the company has invested to the bond that has high liquidity, impacted on the short-term investment and more Trade

deemed connected transactions in the category of short-term rent/ lease of real property in accordance with the Stock Exchange of Thailand Notification, Re: Disclosure and Acts of Listed Companies on

other receivable 198 334 (136) -41% Inventories 291 540 (249) -46% Other current assets 24 24 0 0% Total Liabilities 2,725 3,037 (312) -10% Bank overdrafts and short-term loans from banks 687 956 (269

(136) -41% Inventories 291 540 (249) -46% Other current assets 24 24 0 0% Total Liabilities 2,725 3,037 (312) -10% Bank overdrafts and short-term loans from banks 687 956 (269) -28% Trade and other