leasehold rights, (vii) cash paid for purchases of investment properties, (viii) cash paid for purchases of property, plant and equipment. 4.3 Cash from Financing Activities Net cash received from financing

equipment amounted Baht 151.73 million or 9.26%, primarily due to the recording of fair value on land which determined by Independent appraiser during the year. Total Liabilities As of 31 December 2017

of Baht 588.49 million increase Baht 40.14 million or 7.32% , an increase of investment in associated company Baht 20.16 million and increase in property, plant and equipment by Baht 19.48 million, due

increase are cash and cash equivalent, Loans receivable from purchase of accounts receivable and equipment. Liabilities As of the period ending 31 December 2017, the Company had total liabilities equal to

1,083.9 million Baht or 26.0% increase from 2016. Major component of the increase are cash and cash equivalent, Loans receivable from purchase of accounts receivable and equipment. Liabilities As of the

gained from selling of waste water treatment equipment to a foreign customer whereas no sale income in 2016. Other Income The other income in 2017 was Baht 2.43 million whereas Baht 8.84 million in 2016

well as a result from the better cash flow management. 2. The increase of the capital in a joint venture in the amount of THB 164 million 3. The decrease of the land, buildings, and equipment in the

, buildings, and equipment in the amount of THB 145 million Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) 12 Months In 2017 12 Months in 2016 Variation THB % EBITDA pursuant to the

Pledged and restricted bank deposits 9.69 67.36 (57.67) (85.61%) Investment properties 116.67 4.52 112.15 2,481.19% Property, plant and equipment 524.06 519.55 4.51 0.87% Goodwill 19.38 19.38 - 0.00

2011 and completion of the building construction in Cambodia. Generally, capital expenditure for production equipment will follow the increase in sales, particularly in the IC division. However, there is