securities (Gain) Loss from assets distribution (Gain) Loss from foreign currencies exchange Earnings from operation before change in operating assets and liabilities Operating assets (increase) decrease Long

off (Gain) Loss from regulation of securities (Gain) Loss from assets distribution (Gain) Loss from foreign currencies exchange Earnings from operation before change in operating assets and liabilities

Offeror’s core business is the production and distribution of public utilities, whereby the Tender Offeror is both the business operator itself and the investor. As of 31 December 2018, the Tender Offeror has

. Power Plant Business Group recorded a superior electricity sales (+3% QoQ and 4% YoY), from the commercial operation commencement of Nagi and Gotemba solar power plant in Japan. For Solar power plant

Plants and IRPC Clean Power (IRPC-CP) together with profit realization of Ichinoseki Solar Power 1 GK (ISP1) due to stable weather condition compared to Q1/18 in which there had been heavy snow in Japan

Performance Q2/2017 Q1/2018 Q2/2018 YoY QoQ 6M2017 6M2018 YoY Solar Power Business – Thailand 68.07 66.03 66.70 -2% 1% 134.07 132.73 -1% Phase 1-3 (118 MW) 62.67 61.52 61.77 -1% 0.4% 126.01 123.29 -2

million or 1% from Q3/2017, as a result of the Commercial Operation Date (COD) of IRPC-CP Phase 2 and Ichinoseki Solar Power 1 GK (ISP1) in Q4/2017 even though the selling and administrative expenses

plant business realizing profit from the sales of their solar power plants assets into infrastructure fund. The performance for each business group are as follow: The Refinery and Trading Business Group

ตั้งก็จะนอยกวาดวยเชนกัน oorriiggiinnaattoorr Grantor trust ออก TC SSPPTT iinnvveessttoorr โอนลูกหนี้ CASH CASH ใหกู distribution ชําระดอกเบี้ย/ตน ลูกหนี้ลูกหนี้ ลักษณะธุรกรรมลักษณะธุรกรรม

distribution of supplementary documents for the offer for sale, the asset trustee shall distribute such documents only to persons whose characteristics and limited number have been approved. -13- Clause 33. The