between the beginning of the period comprising the three most recent completed financial years and the latest practicable date and, to the extent the development of new products or services has been

to accommodate these criteria, which are expected to be completed within the timeline required by the Bank of Thailand. 5 2. Risk Management and Risk Factors 2.1 Credit Risk Management The Thai economy

) “portfolio duration” “product limit” “regulated market” “repo” (repurchase agreement) “retail MF” (retail Mutual Fund) “reverse repo” (reverse repurchase agreement) “SBL” (Securities Borrowing and Lending

) 349 (118%) Cash paid to liabilities under finance lease agreement (20) (42) 52.0% Treasury shares 0 (114) 100.0% Finance costs paid (52) (46) (15%) Dividend paid 0 (69) 100.0% Net Cash flows from (used

consumption) NNP = Normalized net profit O&M = Operations and maintenance P.A. = Per annum PEA = Provincial Electricity Authority (Thailand) PPA = Power purchase agreement PTT = PTT Public Company Limited SG&A

land related to concession agreement of Bt31.5 million. Page 7 of 8 2.2 Liabilities As of September 30, 2017, the Group had total liabilities of Bt4,539.1 million, decreased by Bt247.6 million or 5.2

reclassification of liabilities to synchronize with the reclassification of the assets as mentioned above. 6. Decrease in deposits from long-term lease agreement of THB 35.8 mm. This was mainly caused from the

578,108 578,108 0 -8-   (4) Investment in associated company The Company has entered into a joint venture agreement with Otani (s) Pte. Ltd to set up a company called “Genco Otani Company Limited”(GO) in

%?)>?'%,=2 2 :+8 &)%=+2 9%29@28 1%%% &) 2y&)=8 %,&)*>?'' :+9%2 &)1 %:+ &+& &)%18%&'>?'%, )912 5 1&) 1 1.3 8 1%,&)K)=+2

management company may seek a general consent from the client or the provident fund committee in advance in the private fund management agreement. Clause 15 A management company may enter into a transaction