, the Company spent THB 296mn on capital expenditure, primarily in property, plant & equipment purchased and investment properties. CASH FLOW (THB mn) For the three-month period ended 31 March 2019, cash
% บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 1 Ending 31 March 2019 G Steel Public Company Limited Page 11/12 Consolidated Statement of Cash Flow
from (used in) investing activities 86 Table 6: Condensed Statement of Cash Flow 9 G J Steel Public Limited Management Discussion and Analysis Quarter 2 Ending 30 June 2019 Unit : Million Baht Jan - Jun
increase in retain earning. However, the Company had an impact from adoption of new accounting standard (TFRS 15) reflecting Gheco- One. Cash flow analysis Q2 2018 Q2 2019 THB mm THB mm Net cash generated
2019, the Company spent THB 2,060mn on capital expenditure and investment, primarily in investment properties, property, plant & equipment purchased and investment in subsidiaries. CASH FLOW (THB mn) For
year within 5 years, the Company expect this ratio may continue to increase. However, the debt’s policy is maintained by limiting the D/E ratio1 at below 1.5 times. Cash Flow During the first half period
shareholder equity as a result of the capital increase. During 1Q 2018, capital expenditure for U City was THB 51mn. Capital expenditure excludes the EBT of UE, which is classified as an investment. CASH FLOW
attributable to a decrease from accounts receivable; 2) Cash flow spent for investing activities of THB 483 million , which was spent on obtaining PP&E for THB 543 million, mainly due to investment in ME2
expenses and corporate income tax payments. Use of Funds The Company’s cash outflow of THB 718 million consisted of: • The net cash flow from investing activities was THB 685 million. This was mainly from
Statement of Cash Flow Management’s Discussion and Analysis (MD&A) For Q2/2018 16 Unit : Million Baht Jan -Jun 2018 Cash flows from financing activities Repayment of liabilities under rehabilitation plan (3