our higher interest rate borrowings (note that the financing costs of BIP1 and BIP2 is 5.6% p.a. for fiscal year end 2017). Acquisition of BGYSP BGRIM acquired additional of 51% shares of B.Grimm Yanhee
Samui Airport Property Fund during this period. Unit: million baht January-March 2020 2019 Variance Amount % WFS-PG Cargo Company Limited 36.7 87.2 (50.5) (57.9) Samui Airport Property Fund 93.5 110.8
1,898 -4% Property, plant and equipment 2,101 2,130 -1% Goodwill 53 55 -2% Investments in joint venture 53 45 +17% Other non-current assets 596 577 +3% Total non-current assets 2,804 2,807 -0% Total
related to sold shares and provision of employee benefits, core EBITDA was THB 330 million, a slight decrease from 1Q17 at THB 332 million. Financing Cost Financing cost was THB 14 million in 1Q18, a
Saraburi Quicklime acquisition. Income tax was slightly higher on higher pre-tax earnings compared to the same period in 2017. As a combined effect of higher depreciation, financing costs, and taxation, the
recorded loss from closing branches, totaling Baht 53.45 Million. Moreover, financing costs in 2017 was total Baht 13.37 million, dropped Baht 3.04 Million or 18.50% compared to prior year due to the loan
borrowing as financing for (1) the acquisition of Thai food business and (2) dividend payment. Tax Expenses Income tax expense decreased slightly from THB 20.9 Mn in 2016 to THB 20.1 Mn in 2017 a decrease of
increased interest expense from increased short-term borrowing as financing for (1) dividend payment and (2) the acquisition of Thai food business “Tummour.” Tax Expenses Income tax expense decreased slightly
cash equivalents increased by Baht 15.8 million Trade receivable increased by Baht 5.8 million Inventory increased by Baht 2.5 million Investment in associate decreased by Baht 20.2 million Property
increased by Baht 9.1 million Inventory decreased by Baht 15.8 million Investment in associate decreased by Baht 20.1 million Property, Plant and Equipment decreased by Baht 16.3 million 6F Thai Wah Tower1