Public Company Limited G Steel Public Company Limited and its Subsidiaries Statements of cash flows Note 2019 2018 + (-) % Changes in operating assets and liabilities 0% Trade accounts receivable (19,503

was 729.13 Million Baht. The increasing of total assets come from the increased in trade and other receivables by 42.74 Million Baht, unbilled receivables increased by 184.87 Million Baht which in line

on Assets * 13% 11% Return on Equity * 20% 13% Working Capital Management (Days) Trade Receivable Period 35 39 Inventory Period ** 20 18 Trade Payable Period 20 22 Leverage Ratios (x) Interest Coverage

% Goodwill 87.80 87.80 87.80 0% 0% Other assets 58.30 62.65 70.03 -7% -17% Total assets 1,828.34 1,831.10 1,901.25 0% -4% Trade payable 126.33 122.27 113.88 3% 11% Interest-bearing debts 350.42 2.07 1.80 16859

comprised of: Increase of lease liability for THB 276.38 million which is acknowledged for lease liability and right-of-use assets under TFRS 16. Increased in Trade and other payable of THB 18.27 million

amounting to Baht 714.34 million, trade and other current receivables amounting to Baht 339.63 million, intangible assets amounting to Baht 482.36 million, right-of-use assets amounting to Baht 227.82 million

, intangible assets amounting to Baht 476.48 million, trade and other current receivables amounting to Baht 361.27 million, right-of-use assets amounting to Baht 225.93 million, goodwill amounting to Baht 170.43

increased by THB 126.92 Million or 8. 06% compared with December 31, 2019. The increase of total assets mainly came from increasing in trade receivable and other receivable together with inventories due to

% Goodwill 87.80 87.80 87.80 0% 0% Other assets 66.45 71.64 144.68 -7% -54% Total assets 1,774.93 1,858.61 1,879.48 -5% -6% Trade payable 128.39 115.73 122.37 11% 5% Interest-bearing debts 78.36 371.60 345.48

, trade and others 680.07 31.69% 679.83 29.93% Inventories, net 653.32 30.44% 792.71 34.90% Other current assets 3.21 0.15% 5.71 0.25% Total current assets 1,639.00 76.37% 1,737.05 76.47% Non-current assets