Jun 18 (THB mn) MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 14 AUG 2018 U CITY PCL 2Q 2018 MD&A (for the quarter ended 30 June 2018) 8 U CITY PCL 15 MAY 2018 Net cash used in investing activities was THB
which attributable to a decrease from accounts receivable; 2) Cash flow spending for investing activities of THB 738 million , which was spent on obtaining PP&E for THB 797 million, mainly due to
investing activities was THB 7,329mn. The key components was cash paid for 1) an investment in Kerry Express (Thailand) Limited of THB 5,016mn, Trans.Ad Solutions Company Limited of THB 188mn and Meru Utama
57mn. After deducting cash paid for interest expenses of THB 812mn and cash paid for corporate income tax of THB 134mn, net cash used in operating activities was THB 451mn. Net cash used in investing
period 50.34 96.78 -46.44 -48% Net cash flows from operating activities 83.42 7.72 75.70 981% Net cash flows used in investing activities -377.39 -65.42 311.97 477% Net cash flows from (used in) financing
a potential to front-run other investors. If an ICO portal is investing in its curated ICOs, it should have a mechanism to prevent potential conflict of interests and disclose material information in
business plan such as investing in new projects, repaying debts and loans from financial institutions, or using as working capital. 1.9 Objectives for the Use of Proceeds The Company may use the proceeds
December 2019) 10 U CITY PCL Net Cash received from investing activities was THB 488mn. The key drivers were: (i) the sales of current investments THB 1,483mn (ii) cash received from sales of investments in
under the goal of investing in Startup businesses pertaining to innovation, and the Company holds 100% shareholding. September o BCPG Indochina Company Ltd. (Subsidiary of BCPG Plc.) invested in a
million, the adjustment for non- cash items, a decline in accounts payable, an increasing of accounts receivable and inventories. The Company had cash from investing activities of THB 224 million caused by