454 530* 469 406** Beginning cash (Restated) (31/3/2017) CFO CFI CFF Ending cash (30/9/2017) The second quarter of 2017/18 (ended 30 September 2017) 7 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION

Hilton Pattaya to CPNREIT for the period of 20 years, ending on 31 August 2037 for the net asset price of THB 11,908 mn. Currently, CPN REIT Management Company Limited is in the process of seeking an

periods 37 69 -46% At the end of Q3/2017, the Company and its subsidiaries recorded ending cash of Baht 37 million, an increase from Baht 69 million at the Q3/2016, with details as follows:  Net cash

2,045.9 (2,132.6) Net increase in cash and cash equivalents 17.3 (884.6) Cash and cash equivalents - ending balance 2,557.3 1,757.7 1. Cash flows from operating activities The Company had cash inflows

the exercise of 96mn units of MACO-W1 (Total of THB 192mn). 312 250 476 110 195 Beginning cash (30-Dec-16) CFO CFI CFF Ending cash (31-Dec-17) 2016 2017 2016 2017 Profitability Ratios Liquidity Ratios

basis), hence the ratios were calculated from the previous year-end figures. 799 1,581 793 * 1,038 1,029 ** Beginning cash (Restated) (31/3/2017) CFO CFI CFF Ending cash (31/12/2017) The third quarter of

financing activities (8,491.2) (4,596.6) Net increase in cash and cash equivalents 95.0 (691.9) Cash and cash equivalents - ending balance 2,635.4 1,919.7 1. Cash flows from operating activities The Company

machine (dialysis solution) higher than the previous year at 12.07 MB, which was resulted from the success in expanding new- customer base during the ending period of 2016. These were resulted to revenue in

discussed further herein is the fiscal year ending 31 December 2017, 2016, and 2015 and has been prepared on consolidated basis. Consolidated financial information 2017 2016 2015 Total assets n bahtmillio

a specified location. 8.2.3 Procedures for normal operation ranging from the beginning until the ending process of critical business functions, such as, submission of securities trading orders