Discussion and Analysis (MD&A) for year 2017 21 Table 6: Consolidated Statement of Cash Flow Unit: Million Baht 2017 Cash flows from operating activities Gain (loss) for the years 366 Adjustments for

Cash flows from operating activities Gain (loss) for the years 366 Adjustments for Depreciation and amortisation 1,910 Unrealised (gain) loss on exchange rate (1,529) Gain on exchange rate form debt to

Million or 2 percent. Total shareholders’equity amounted to Baht 31,950 Million, representing an increase by Baht 771 Million or 2. 5 percent when compared to the end of the year 2017. Cash Flows For the

Development Company Limited. 5. Expected Benefit 1. Supporting the company’s policy to diversify in to Property Business 2. To enable continuous growth in the Company’s assets, profits, and cash flows. 6

32.6 million baht, declined by 415.6 million baht. Statement of Cash Flow Unit: million baht January – December 2018 2017 Net cash flows from (used in) operating activities 1,901.9 762.1 Net cash flows

year 2017. Cash Flows For the six months of the year 2018, the Company and its subsidiaries generated cash flows from operating activities amounting to Baht 4,265 Million. Cash used in investing

million baht, increased by 263.7 million baht. Statement of Cash Flow Unit: million baht As at December 31, 2019 As at December 31, 2018 Net cash flows from operating activities 1,175.8 1,901.9 Net cash

at June 30, 2020 As at June 30, 2019 Net cash flows from operating activities (3,088.9) 956.5 Net cash flows from investing activities 2,061.1 (165.9) Net cash flows used in financing activities

Profit (loss) from operating activities before changes in operating assets and liabilities 84 194 -57% Profit (loss) from changes in operating assets and liabilities (60) (19) -225% Net Cash flows from

tax paid and cash used for dividends. Year on year operating cashflow has increased due to the higher revenue but was offset somewhat by higher fuel prices. Net cash flows from investing activities