EBITDA margin was 18.6%, a slight decline from 18.8% in 2016. In 2017, depreciation and amortization decreased by 11.6% yoy to THB 536 million, due to the change of estimated useful life of the assets

help the company gain more profit estimated 0.6% but the proportion of gross profit is lower than mobile top-up mobile transaction. As well as, depreciation cost estimated 1% that was in line with the

value of Baht 522.24 million that has been already implemented with work progress equivalent to 8.28%. In addition, in this quarter, there has been the additional adjustment to the estimated construction

staff and erection staff that was not able to occupy full capacity and the expenses for the erection was higher than estimated budget. The Company recorded an impairment of inventory which was higher than

Constructions in the rental area of Miami Bangpu Project, which the estimated values are Baht 466 Million. (The Appraisal is estimated by Altima Appraisal Company Ltd.,) 4 Total Value and Valuation criteria of

goods and service based on the information of existing customer. At the present, there is a main provision of service with Happy Shopping, which the Company has estimated the revenue of the call center

the price agreed between the parties based on the estimated revenue and market price. Details of subsidiaries established to purchase assets Company name : VHE Bratislava Real Estate s.r.o Office

. - Biological assets – dairy cow increased for Baht 0.16 million, because gain from change in fair less estimated point-of-sale cost dairy cow - Other assets were cash and equivalent transactions to cash

1.31 million Baht, and calculate depreciation operation amount 11.12 million Baht. - Biological assets – dairy cow increased for Baht 3.03 million, because gain from change in fair less estimated point

have been recognized as other comprehensive income and contribute to the shareholders’ equity. The company changed the estimated useful life of office condominium and buildings from 20-25 years to 20-50