(17.06) 100.00 Other current assets 6.85 4.84 2.02 41.70 Total current assets 660.11 370.90 289.21 77.97 Non-current assets Restricted bank deposits 20.79 - 20.79 n.a. Property, plant and equipment 357.14

39 million over the prior year as a result of the decrease in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok.  Revenue from property development operations which comprise of property sales

-455-2763 Statement of Financial Position Unit: Million Baht 31 December 2018 31 December 2017 Increased (Decreased) Percentage Assets Current assets Cash and cash equivalents 212.68 347.12 (134.44

September 2018 31 December 2017 Increased (Decreased) Percentage Assets Current assets Cash and cash equivalents 200.53 347.12 (146.59) (42.23%) Temporary investments 40.66 40.65 0.01 0.02% Trade and other

2017 Change MB % MB % MB % Cash and cash equivalents 844 6.5% 796 4.8% -48 -5.7% Trade and other receivables 355 2.7% 279 1.7% -76 -21.4% Inventories 1,149 8.8% 2,006 12.2% 857 74.6% Property Development

% 12.9 33.1% Property development costs 243.9 9.8% 242.9 9.7% -1.0 -0.4% Other current asset 23.4 0.9% 28.9 1.2% 5.5 23.5% Management Discussion and Analysis Q1/2018 Page 3/4 JAS Asset Public Company

24.92% Non-current assets Pledged and restricted bank deposits 48.85 37.35 11.50 30.79% Investments in subsidiaries 5.21 - 5.21 100.00% Investment properties 11.04 22.28 (11.24) (50.45%) Property, plant

) - 10 48 (39) - 10 Non-current assets Investment in associates 3,818 - - 1,769 5,587 3,375 - 1,420 4,795 Property, plant and equipment 6,620 - (176) (486) 5,959 7,242 (201) (546) 6,495 Investment property

prior year as a result of the improved performances of Laguna Phuket hotels and Banyan Tree Bangkok. • Revenue from property development operations which comprise of property sales and the sale of holiday

% Trade and other receivables 56.0 2.3% 62.8 2.6% 6.8 12.2% Property development costs 156.7 6.5 186.0 7.6% 29.3 18.7% Other current asset 26.7 1.1% 33.7 1.4% 7.0 26.2% Total current asset 260.7 10.8% 305.9