million baht, increased by 710.5 million baht from the same period last year. 20 ASIA’S BOUTIQUE AIRLINE Statement of Cash Flow Unit: million baht January-March 2018 2017 Net cash flows from operating

2019 G Steel Public Company Limited Page 4/20 บริษัท จี สตีล จํากัด (มหาชน) G Steel Public Company Limited Cash Flow • Net cash flows used in operating activities Baht 468 million • Net cash flows used

Operations 161.8 161.6 0.2 0.2 Profit Margin from the performance (percentage) 4.5 4.5 (0.0) Balance Sheets and Statement of Cash Flows As of the end of the Quarter 2 of 2017, the total assets of the Company

performance (percentage) 5.3 4.9 0.4 -4- Statements of Financial Position and Statement of Cash Flows As of the end of the Quarter 3 of 2017, the total assets of the Company and its subsidiaries are THB 3,620

during the year 2018 of THB 8.9 Mn. Net Cash from Operating Activities The cash flows from operating activities was THB 264.7 Mn in 2018, a decrease of THB 133.3 Mn. Operating profit increased by THB 58.4

THB 229.5 Mn. Net Cash from Operating Activities The cash flows from operating activities was THB 24.3 Mn in the three months ending 31 March 2019, a decrease of THB 12.5 Mn compared to the same period

unrealized gain on fair value adjustment of investments in available-for-sale securities. Cash Flows As at December 31, 2019, the Company and its subsidiaries had cash and cash equivalents amounting to Baht

Baht 20.42 million. Cash flow The Company saw operating cash flow at Baht 12.40 million and cash flows used for investment activities at Baht 169.98 million, which were spent on construction of the

. Cash flows used in investing activities decreased because of receiving the money invested in government bonds at maturity. Cash flow used in financing activities, mostly used for paying annual dividend

net profit with more inventory from the higher price of natural rubber, which is the main raw material cost for production. Cash flows used in investing activities decreased because of receiving the