Disposition of Assets, 2004 (collectively, the “Notifications on Acquisition or Disposal”) The maximum transaction value calculated based on consolidated financial statements for the period ending 31 December

payout ratio in 2015 cannot be calculated. ** The dividend payout ratio in 2017 is subject to the resolutions of the AGM 2018 GFPT Public Company Limited Management Discussion and Analysis for the Year

profit. (1) Investment Properties are booked at cost and depreciated with the straight-line basis over the life of the assets. The estimated fair value is THB 180,409 mn as of December 31, 2017 (stated in

the life of the assets. The estimated fair value is THB 180,409 mn as of December 31, 2017 (stated in the disclosure notes to the audited 2017 financial statements no. 13 under “Investment Properties

30-Jun-20 30-Jun-20 30-Jun-19 Interest coverage ratio (time)** -1.92 -6.61 2.50 * Calculated from equity attrtibutable to owners of the Company ** =EBIT/Interest expense Dusit Thani PLC Management

The Group as of December 31, 2018 as calculated from Total Value of Consideration Basis. As the transaction size is less than 15%, the transaction can be approved by the Company’s Board of Directors and

, the average rates for each period, calculated by using the average of the exchange rates between that financial reporting currency and the Thai Baht on the last day of each month during the period. B

an approach which reflects the ability to make profit of Hello LED in the future, where the key assumptions are an estimated growth of income and expense calculated based on the results of operations

make profit of Hello LED in the future, where the key assumptions are an estimated growth of income and expense calculated based on the results of operations in the past from the audited financial

and Disposal Notifications”). The value of the Entire Business Transfer Transaction of not more than Baht 14,500 million combined with the estimated additional capital investment for project development