Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2019 G Steel Public Company Limited Page 5/12 Trade accounts receivable As of 30 June 2019, the Company and subsidiary has trade accounts

Million Baht compare with at the end of December 31, 2017. Increasing from cash, trade receivables, assets decreasing from inventories, Land, plant and equipment, which decreased from depreciation. Total

Million Baht were increased 173 Million Baht compare with at the end of December 31, 2018 respectively. Increasing of the total assets from current investment and trade receivables. Assets decreasing from

total Total assets Total current assets Total non-current assets Trade and other receivables AGEING OF TRADE RECEIVABLES (THB mn) 31 MARCH 2018 (Restated) 31 MARCH 2019 VGI GLOBAL MEDIA PLC LIABILITIES

from current investment, trade receivables and inventories. Assets decreased from Land, plant and equipment, which decreased from depreciation. 2 There were total liabilities of 302.6 Million Baht

% Total assets 22,772 100.0% 24,196 100.0% Total assets Total current assets Total non-current assets Trade and other receivables AGEING OF TRADE RECEIVABLES (THB mn) 31 MARCH 2019 (Restated) 30 JUNE 2019

Baht compare with at the end of December 31, 2017. Increasing from cash, trade receivables, assets decreasing from inventories, property, plant and equipment, which decreased from depreciation. Total

Sheet - Total assets at June 30, 2018 was 801.28 million baht compared to December 31, 2017 which was 856.60 million baht. Because of decreasing of Trade receivables and Inventories. - Total liabilities

December 31, 2017. Increasing from cash, trade receivables, assets decreasing from inventories, Land, plant and equipment, which decreased from depreciation. Total liabilities 298.59 Million Baht were

2017, amount 2,087 Million Baht and 2,022 Million Baht respectively. Increasing of the total assets from cash and trade receivables. Assets decreasing from inventories and property, plant and equipment