704 (Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the year 2019 7 Cash used in investing activities mainly resulted from payment for the M&E
following items: 1) Net cash received from Operating Activities totaling Baht 1,133.15 million Baht from the net income netting off with the changes in assets and liabilities from operations. 2) Net cash used
develops applications for payment for goods and services through information technology and mobile. Currently, the application is ready to be used by customers. This will benefit the company immediately
used in Value Measurement The price negotiation between the buyer and seller is referred to the appraisal of Sasirachada Co., Ltd. which determines the project value by using the cost approach and income
Company and its subsidiaries generated cash flows from operating activities amounting to Baht 5,438 Million. Cash used in investing activities amounting to Baht 2,750 million detailed as follow; (1) paid
shares, 10.01% of TSE’s issued and paid-up capital. The total of value of assets disposed is 925.11 Million baht. 7. Basis used to determine the value of consideration The value of consideration is
. Total Value used in determining the Connected Transaction The total value for this transaction is not exceeding Baht 8,690,000 applying figures under the financial statements as of 31 December 2017. The
shareholding in TSE had decreased from 20% to 10% of the paid-up capital of TSE. However, under the Company’s financial statements, the accounting method used for recognizing share of profit from investment in
20,537 MB Total Revenues 5,656 MB 4 - Motorcycle and Used Car Hire Purchase In the first quarter of 2020, motorcycle and used car hire purchase in Thailand and electrical appliances, mobile phone and etc
amount of 10.00 million baht. Moreover, the Company also had sufficient liquidity so bank overdraft facilities weren’t used during the last quarter of 2018. As of December 31, 2018 the Company and its