details of cash flow were as follows: 2.1.1 Cash and cash equivalent of Bt2,530.6 million which cash flow summarized for the first six months of 2017 were below ;- - The Group’s net cash from operation was

property, plant and equipment (5) Net cash from (used in) investing activities (88) Table 6: Condensed Statement of Cash Flow Management’s Discussion and Analysis (MD&A) For Q2/2017 17 Unit : Million Baht

หวา่งผู้ขายและบริษัท โดยบริษัทได้มีการ ประเมินมลูคา่กิจการด้วยวิธีตา่งๆ ตามหลกัสากลซึง่บริษัท เห็นวา่วิธีมลูคา่ปัจจบุนัสทุธิของกระแสเงินสด (Discounted Cash Flow) เป็นวิธีการท่ีเหมาะสมที่สดุในการประเมิน

31, 2016. The important details of cash flow were as follows: 2.1.1 Cash and cash equivalent of Bt2,094.9 million which cash flow summarized for the nine months of 2017 were below ;- - The Group’s net

ANALYSIS FOR Q3/2017 7 9. Key Financial Ratios Key Financial Ratios As of 30 Sep 2016 As of 30 Sep 2017 Liquidity Ratio Current ratio (time) 0.30 0.52 Quick ratio (time) 0.29 0.49 Cash flow ratio (time) 0.74

equipment (8) Net cash from (used in) investing activities (99) Table 6: Condensed Statement of Cash Flow Management’s Discussion and Analysis (MD&A) For Q3/2017 17 Unit : Million Baht Jan -Sep 2017 Cash

non-cash adjustment and other operating activities of THB 1,575 million; 2) Cash flow from investing activities of THB 2,464 million, which was spent to invest in bank deposit for THB 1,700 million, and

Dec 2017 Liquidity Ratio Current ratio (time) 0.46 0.60 Quick ratio (time) 0.44 0.56 Cash flow ratio (time) 0.71 0.91 Profitability Ratio(1) Gross profit / total sales and services revenue (%) 50.37

determined the purchase price of the shares considered from the value of the business through Discounted Cash Flow method. 7. Benefits Expected to be obtained by the Company from the Transaction At present

parties decrease (increase) (94,000) Purchase of property, plant and equipment (12,108) Net cash from (used in) investing activities (102,310) Table 6: Condensed Statement of Cash Flow Management’s