the Company’s Consolidated Financial Statements consist of: (i) Investments in associates of Baht 10,550.4 million, (ii) Building and equipment (net) of Baht 3,009.2 million (iii) Goodwill of Baht

projects and additional investment in power and utilities projects under construction. The key elements of Assets in the Company’s Consolidated Financial Statements consisted of: (i) Investments in

comparison is made based on the 2016 consolidated financial statement, the actual result will depend on business operation, management and future investment plan. 3.1 Sale of investments in Nation U Co., Ltd

performance and financial position for the second quarter and six-month ended June 30, 2019 with those of 2018. This report discusses principal changes in the unaudited consolidated financial statements

financial position for the second quarter and six-month ended June 30, 2019 with those of 2018. This report discusses principal changes in the audited consolidated financial statements. Overall market

% calculation is based on THB currency 16 Table 10: IVL Consolidated Statement of Financial Position THB in mill ions 30-Jun-17 31-Dec-16 31-Jun-17 vs. 31-Dec-16 Assets Cash and current investments 5,256 4,140 27

GFPT Public Company Limited Management Discussion and Analysis for the Year 2018 Page 1 of 14 Management Discussion and Analysis This MD&A report has been prepared based on the consolidated of GFPT

follows: The unreviewed consolidated operating result for the second quarter ended June 30, 2017 The Company and its subsidiary generated net loss of Baht 90.94 million whereas the same period of the year

demand.Private consumption plummeted due to increasing unemployment, lower household income and higher household debt. Some business sectors have delayed investments in order to maintain some liquidity, and this

in net investments (including net investments in associates). Capital Reserves and Capital Adequacy Ratio Consolidated Million Baht Item Capital Capital Adequacy Ratio June 2018 March 2018 December