740.3 MB which increased from December 31, 2019 by 9.9 MB as a result of the increase in cash and cash equivalents by 3.5 MB, the decrease of trade and other receivables by 8.7 MB, increase in inventory

from payments. While cash and cash equivalents increased by 71.28 million baht. In terms of non-current assets, an increase of 96.92 million baht, mainly due to an increase in the right to use assets of

/ (Decrease) Total assets 634.66 635.29 0.63 0.10% Total Liabilities 84.21 78.39 (5.82) -6.91% Total Equity 550.45 556.90 6.45 1.17% Total assets Total assets were mainly consisted of cash and cash equivalents

. Increase in Cash and cash equivalents of THB 1 ,010 .3mm mainly due to the asset monetization to HREIT, totaling rental area of approx. 55,131 sq.m. on 4 January 2018 2. Increase in investments in associates

& ANALYSIS 1Q 2017/18 2 AUG 2017 FINANCIAL POSITION ASSETS ASSETS BREAKDOWN 31 MARCH 2017 30 JUNE 2017 (Restated) (THB mn) % out of total (THB mn) % out of total Cash & cash equivalents and short-term

30 OCT 2017 FINANCIAL POSITION ASSETS ASSETS BREAKDOWN 31 MARCH 2017 30 SEPTEMBER 2017 (Restated) (THB mn) % out of total (THB mn) % out of total Cash & cash equivalents and short-term investments

2018 FINANCIAL POSITION ASSETS ASSETS BREAKDOWN 31 MARCH 2017 31 DECEMBER 2017 (Restated) (THB mn) % out of total (THB mn) % out of total Cash & cash equivalents and short-term investments 1,210 15.2

’ cash position in cash and cash equivalents was THB 1,514.26 million, increased by THB 221.33 million from the same period last year. Liquidity ratios As at June 30, 2019, the liquidity of the Company and

24,803.21 23,160.90 1,642.31 7.1 Non-current assets 74,352.81 78,091.00 (3,738.19) (4.8) Total Assets 99,156.02 101,251.90 (2,095.88) (2.1) 4.1.1 Cash and cash equivalents decreased in the amount of Baht

debt net of cash and cash equivalents Management Discussion and Analysis ( - translation - ) For operating result of 2Q19, ended 30 June 2019 Raimon Land Public Company Limited | 14 August 2019 3 / 8