3,952 million or 7% from 31 December 2017, mainly from the increase in cash and cash equivalents, the investments according to the additional paid up in the capital of GPSC’s associate, and the increase

Re: Allocation of Cash Flow under Securitization Program and Reporting on Transfer of the Remaining Assets and Benefits of Special Purpose Vehicles

Manila. Second, the impact from foreign currency translation of the financial statements as the THB appreciation against the USD and the Peso by 4% and 10%, respectively. Unit: THB mn 3Q17 3Q16 Var %Chg

Notes 20,538.01 Foreign Currency Bonds 103,007.18 Basel III Subordinated Debt) 10,000.00 IC Bond 2.Foreign Juristic Persons Foreign Juristic Persons Commercial Papers Long-term Bonds Structured Notes

increase in PP&E of THB 419.96 million and an increase in cash and cash equivalents of THB 381.68 million. Liabilities As at September 30, 2017, total liabilities of the Company and its subsidiaries was THB

Net operating debt to equity at 0.61 times with strong operating cash flow. Dividend payout remain much higher than its stated policy of 30% of net profits. Perpetual debenture of THB 15b refinanced at

Price (THB./ton) 20,715 18,079 HRC Cash Margin (THB./Ton) 483 1,423 Unit: million Baht 30 September 2018 31 December 2017 Fin an cia l St at us Total Liabilities 4,801 5,492 Total Asset 18,459 19,546

enables consumers to accumulate points from bottle caps to redeem for attractive merchandise or win special prizes. M-Point members could donate the points and OSP will match each donation’s cash equivalent

Statement Cash Flows Statement Accounting Financial Ratios Business Performance Executive Summary Statement of Income 19 of Financial Position Environment Management 3 3 | Management Discussion and Analysis

March 2018, GPSC and its subsidiaries' total assets increased by Baht 2,095 million or 3.5% from 31 December 2017, mainly from the increase in cash and cash equivalents as well as the investments