assets 1,208.31 1,389.20 (180.90) (13.02%) Non-current assets Pledged and restricted bank deposits 33.90 48.85 (14.95) (30.60%) Investments in associates 5.48 5.21 0.27 100.00% Investment properties 6.21

property of Bt160 million; goodwill of Bt153 million; investments in associates of Bt24 million; deferred tax assets of Bt89 million; and other non-current assets of Bt43 million. An increase in assets of

(16.88) 0.06 (16.94) (28,133.33) Gross profit 4.14 0.17 3.97 2,435.29 Gain from sales of general investments - - - 100.00 Other income 10.88 2.44 8.44 445.90 Profit before expenses 15.02 2.61 12.41 575.48

0.69 Baht/share at 31 December 2019 to 0.72 Baht/share in second quarter of 2020 4. An increase in investments in associated company and joint venture at amount of Baht 6.98 million due to sharing from

investments in equity funds  Rights of use assets increased by 142.53 million baht due to Rayong Wire Industries Public Company Limited acquiring land lease rights from the Map Ta Phut Industrial Estate for a

Total Baht 61.64 million 3.8 Details of share of profit (loss) from investments in associates and joint ventures are as follows: Name Shareholding percentage Share of profit (loss) For 2019 Share of

TOTAL LIABILITIES TOTAL SHAREHOLDERS' EQUITY Statement of Financial Position For the Year 2019 (Million Baht) เพิม่ (ลด)2018 6 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 • Investments in subsidiaries

unrealized loss from change in fair value of investments  Financial Cost of 62.23 Million Baht as 2.21 Million Baht decreased or 3.43 percent when compared to same period of previous year of 64.44 Million

AND ANALYSIS 2019 • Investments in subsidiaries decreased THB 100.50 million from THB 133.19 million as at December 31, 2018 to THB 32.69 million as a result of impairment of investment. • Deferred tax

. 1 million were the investment in the acquisition of property, leasehold improvement, and equipment. Most of the investments are related to the NFPT project. - Net cash from financing activities was of