offset by an increase in 2) advances to contractors of THB 28mn. Total non-current assets stood at THB 6,644mn, decreasing by 4.7% or THB 325mn, primarily due to a decrease in 1) rights-of-use assets of

% Short-term loan from related parties 811,362,306 1,269,363,868 -56% Short-term loan from other parties - 107,424,045 -100% Loan from shareholder 3,850,000 3,850,000 0% Advances received from customers

Conversion Project in preparation for compliance with IFRS 9, and progress was steady. In 2018, the project worked with public agencies via the IFRS Club and the Thai Bankers’ Association, and reached a

, namely the US, the Eurozone and China, as well as in emerging economies including here in Thailand. These improvements were reflected in the World Economic Outlook of the International Monetary Fund, which

shareholders, directors, management, or controlling persons) Prime Location Management Ltd. Advances - 14,459,896 These transactions are in connection with a project management service under a master service

0.30% 3.98 0.81% Short-term loan due from related party - 0.00% - 0.00% - 0.00% - 0.00% Construction in progress 0.59 0.09% 20.97 2.78% 8.31 1.77% 3.55 0.72% Total Current Assets 447.02 66.89% 479.03

beginning of the issuer's last three financial years to the date of the prospectus. 7. Information concerning the material capital expenditures and divestitures currently in progress, including the

, high level of capacity availability, and significant advances in the consistency of our products. Parallel a shift is taking place in the corporate culture, that our improved health and safety record

847 Changes in operating assets and liabilities Trade accounts receivable (60) Inventories (404) Other current assets (49) Other non-current assets (118) Trade accounts payable 335 Advances received

cash equivalents decreased as mentioned above, effect to the Group's property, plant and equipment and other advances have increased Baht 54.45 million and Baht 2.39 Management's Discussion and Analysis