million THB. The inventory comprises ready-to-move-in projects from the previous years (61%) and 11 aforementioned projects completed in 2018 (39%). 3) Other non-current assets increase 13.73% from 31

10% yoy in 2018 due to more profit contribution from subsidiary from acquired more shares. Statement of Financial Position as of December 31, 2018 The consolidated total assets as of 31 December 2018

million. Statements of Financial Position as at December 31, 2017 2017 2016 Change (Million Baht) (Million Baht) (%) Current Assets 1,230.25 1,360.25 (9.56) Non-Current Assets 1,822.28 1,665.63 9.40 Total

• Current ratio was 6.27 times, increased from the year 2018 which was equivalent to 5.86 times because current assets and current liabilities decreased, the mainly reason was the lower inventory and trade

. 4Core EBITDA is Reported EBITDA less inventory gains/(losses) 5Core EPS is Reported EPS less inventory gains/(losses) less one-time extraordinary items Indorama Ventures 1st Quarter 2018 MD&A 3 Summary We

total revenues from operations. The main reasons come from the increase in gross profit of food ingredient business for THB 29.74 million and the improvement on inventory control over slow moving stock

30 June 2020 31 December 2019 Increased (Decreased) Percentage Assets Current assets Cash and cash equivalents 78.20 138.27 (60.07) (43.44%) Trade and other receivables 297.15 3,20.57 (23.42) (7.31

Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after change in net working capital and cash tax, before

EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after change in net working capital and cash

the increase of net profit margin better than ever. Financial Position: Consolidated Financial Statements 1. Total Assets Unit: Million Baht Statement of Financial Position 31-Dec-2019 31-Dec-2018