= (Net profit + Depreciation)/ Average (Q2 2018 and Q4 2017) of property, plant and equipment Mr. Geza Perlaki Mr. Krishnan Subramanian Aylur Authorized Director Authorized Director หน่วย: ล้านบาท Q4 YTD

realized the provision for impairment of subsidiary (AIL)’s Vessel for 1.62 million Baht, decreased by 15.78 million Baht from 2018. Also, the provision for impairment of subsidiary (AIPT)’s property, plant

equivalents 2) Leverage Q2 and FY use annualized EBITDA 3) ROFA = (Net profit + Depreciation)/ Average (Q4 2019 and Q4 2018) of property, plant and equipment Mr. Geza Perlaki Mr. Krishnan Subramanian Aylur

cash and cash equivalents remaining from the proceeds of initial public offering after deducting the repayment of loans from commercial banks., (2) an increase of property plants and equipment which was

received 42 Repayment of LT borrowings 654 Sale of property 4 Income tax paid 329 Cash decrease 1,144 Finance cost & Financial lease paid 265 Investment in joint venture 45 Effect of exchange rate on cash

cash equivalents decreased as mentioned above, effect to the Group's property, plant and equipment and other advances have increased Baht 54.45 million and Baht 2.39 Management's Discussion and Analysis

2016) of property, plant and equipment Mr. Geza Perlaki Mr. Krishnan Subramanian Aylur Authorized Director Authorized Director

นีโยบายเน้นลงทุนในตราสารแห่งทุน ตราสารแห่งหนี้ ตราสารกึง่หนี้กึง่ทุน หน่วยลงทุน ของกองทุนรวม ETF หน่วย CIS หน่วย Property หน่วย REITs หน่วย Infra เงนิฝาก และ/หรอื ตราสารเทยีบเท่าเงนิฝาก โดยกองทุนจะพจิา

lease payments and is subjected to an interest rate and decreases as lease payments are made throughout the periods. b. Right of Use (ROU) is recorded under assets (property, plant and equipment) at the

offense relating to property committed with dishonest intent; (3) Having been an executive of a financial institution whose license is revoked, unless an exemption has been granted by the Office; (4) Having