of THB 331mn, being partially offset by (i) non-cash reconciling items of THB 451mn and (ii) changes in net working capital of THB 548mn. After deducting cash paid for interest expenses of THB 635mn
1,800 million, leaving the remainder on purpose of working capital utilization which will increase liquidity of the Group as reflected in better liquidity ratio of 0.83 times, up from 0.67 times as of 31
working capital with the total amount of 205 million Baht. 7 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini
million resulted from the Company had a short-term loan for purpose of increasing working capital commencing in 4th Quarter of 2017. Gain from exchange rate The Company had recorded gain from exchange
operating activities was THB 451mn. This was derived from loss before tax of THB 649mn, being partially offset by (i) non-cash reconciling items of THB 1,202mn and (ii) changes in net working capital of THB
received from this disposing of Subsidiary’s ordinary shares, the Company will use as working capital. 10. Conditions for the entering into the transaction This entering into the transaction is considered as
the money as working capital of the company and increase good investment opportunities in the future. 6. Details of disposed assets Asset type : Four (4) land plots located in Bangpongpang sub-district
380,000 Baht 5. Purpose of transaction : In order to use the money as working capital of the company and increase good investment opportunities in the future. 6. Details of disposed assets Asset type : Four
resulted from reduction in working capital due to termination of tolling and repayment of short-term loan USD 20 million from the cash received from Right-offering received in previous quarter. Gain from
assets as a tax expense of 4.15 million Baht, since it is expected that it might not be used as tax benefit. Financial Cost The Company and subsidiaries had the cost of borrowing for working capital from