Shareholders’ Equity 17,408.29 100.00 17,279.40 100.00 128.89 0.75 Consolidated Income Statement of GFPT Public Company Limited and its subsidiary companies For the three-month period ended March 31, 2018 and

. GFPT Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2019 Page 9 of 11 Consolidated statement of financial position of GFPT Public Company Limited and its subsidiary

numbers in the financial statement Q3/2019 and 2018 Table 1: Profit/Loss Statement in Q3/2019 and 2018 Numbers Consolidated Financial Statement Separate Financial Statement Q3/2019 Q3/2018 %Variance Q3/2019

while cash flow increases from loan for project development. Important numbers in the financial statements Q1/2020 and 2019 Table 2: Profit/Loss Statement in Q1/2020 and 2019 Percentage Consolidated

of debt as shown in the consolidated financial statement of debenture issuer, deducted by cash and cash equivalents" to" the total liabilities only with the interest-bearing debt as shown in the

-term land rental agreement, is considered to fit under the criteria of investment. In calculation of the transaction value the consolidated financial statement dated December 31, 2019 is being referenced

of total assets in the consolidated financial statement ended March 31, 2019, the size of which falls in between 15–50 percent, and shall be determined as a Class 2 transaction under the Acquisition or

of the highest value when calculated from 12-month period net profit criteria consideration based on the latest reviewed consolidated financial statement ended March 31, 2020 which equals to 32.52% and

Company’s consolidated financial statement as of June 30, 2017 was 1.33 times, same as the end of prior year. Still, the ratio did not exceed 3.00 times, which is the covenant for bank loans and debentures

31, 2018 was 1.28 times, compared to 1.27 times at the end of 2017 Net-Debt-to-Equity ratio according to the Company’s consolidated financial statement as of March 31, 2018 was 1.28 times, compared to