the mutual fund’s accounts and related documents certified by the management company, and arrange for the fund supervisor to deliver 2 the mutual fund’s accounts and related documents to the liquidator

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due

2,560 million; and (ii) a decrease in trade accounts receivable of THB 1,078 million. • Other non-current assets: increased by THB 5,131 million or 6% mainly due to an increase in right of use of assets

million baht or decrease 12.84 %. The declining sales volume was due to the decrease in domestic demand for diesel. This is affected by a new outbreak of COVID-19 virus since early 2021. Additionally, the

accounts receivable. • Employee benefit obligations increased by Baht 2.97 million, which is calculated and reported by the actuaries. • Trade and other payables decreased by Baht (40.51) million due to

raw material prices declined; 2. payable to contractor was decreased by THB 71 million due to payment to contractor as per methyl ester plant 2 progress; 3. long term borrowings from financial

or 0.37% comparing with 31 December 2018 due to short term loan for working capital was increased by Baht 249.74 million and the Company’s account payable was decreased by Baht 122.63 million. In

. -Increased revenue from sales of machinery equipment and engineering services realized via deliveries in the 1st and 2nd quarter of 2017. -Decreased financial expenses due to further debt reduction and

the purpose of account payable payment of Baht 30 million, loan & interest repayment of Baht 30 million, to support the investment of waste water treatment construction in Mandalay of Baht 40 million

demand.Private consumption plummeted due to increasing unemployment, lower household income and higher household debt. Some business sectors have delayed investments in order to maintain some liquidity, and this