company has invested to improve the production stability for Sattahip and Borwin Waterworks. 7. Financial Position Analysis Financial Position (MB) As of 31 Dec 2016 As of 30 Sep 2017 YoY % Total Assets

WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 5 7. FINANCIAL POSITION ANALYSIS Financial Position (MB) As of 31 Dec 2016 As of 31 Dec 2017

institution as the highest rank persons with managerial authority who are capable of management, ethical, honest, understand and responsible for business undertaking; (4) having determined clear scope of

24.9% to THB 51mn from THB 41mn in the same period last year. FINANCIAL POSITION MACO started the consolidation of COMASS’s statements of financial position since 30 June 2017 (the date on which the

attributable to the equity holders of the Company increased to 22.9% from 12.3% in 3Q 2016. FINANCIAL POSITION MACO started the consolidation of COMASS’s statements of financial position (balance sheet) since 30

FINANCIAL POSITION (THB mn) ASSETS ASSETS BREAKDOWN 31 DECEMBER 2017 31 MARCH 2018 (THB mn) % out of total assets (THB mn) % out of total assets Cash & cash equivalents and Current investments 203 10.1% 268

6 NOV 2018 FINANCIAL POSITION (THB mn) Changes in financial position in this quarter was mainly resulting from the consolidation of Trans.Ad Group’s financial statements since 1 Aug 2018 as well as

domestic front, which resulted in a decrease in Net profit attributable to equity of THB 42mn with a Net profit margin of 5.6%. FINANCIAL POSITION In this quarter, the Company restated the consolidated

56.95 40.01 42.17% 3. Income from management business 270.03 257.13 5.02% 4. Total main income 1,820.90 2,790.24 (34.74%) After Revision Statement of financial position as of 31st March 2020 and 31

of financial position as of 31st March 2021 and 31st December 2020 Total assets The total assets of the Company increase 714.54 million THB or 3.03% i.e. from 23.61874 billion THB to 24.33328 billion