8.1%. The main factors in the decrease was (1) reversal of provisions for decommissioning costs and (2) a decrease in short term borrowing from financial institutions Shareholder Equity As of 31

by 4.3% due to trade payables, net of cash received of short-term loans and repayment of long-term loans. Total shareholders’ equity presented at Baht 1,842.5 million, decreased by 1.6% from the

which decreased by 29.2 MB from December 31, 2018 due to the decrease of bank overdraft and short-term borrowings by 13. 0 MB, account payable and other payables by 21.0 MB, income tax payable by 3.8 MB

Baht 1,392.81 million, increased by 19.08%, from net of cash received from short-term loans and repayment of long-term loans. Total Shareholders’ Equity Total equity presented at Baht 1,873.11 million

provisions for employee benefits due to the change of severance payment policy following the amended Labor Protection Act. Analysis of Shareholders’ Equity As at 31 December 2019, the shareholders’ equity was

attributable to Owners of the Parent was Baht 2,267.8 million, a 61.2% increase from 2017. Significant Events in 2018:  Gulf TS4, a installed capacities of 129.9 MW SPP, representing 32.5 Equity MW, ia

) and the levelized AP (accounting revenue).  GNLL2, an installed capacities of 127 MW SPP, representing 32 Equity MW achieved COD in January 2019.  WHAUP Nghe An Joint Stock Company (the Company’s

decrease of short-term loans from banks, long-term loans and trade account payables. Shareholders’ equity Total shareholders’ equity as at 31 December 2019 were Baht 2,446 million, a decrease of Baht 60

26 million, a decrease of Baht 6 million from the same period of last year. It was due to the lower short-term loans and long-term loans. Income tax expenses Income tax expenses for the second quarter

decrease by 75.88 million Baht or 2.47% compared to same period of 2017) due to the declining in raw water sales volume and net profit attributable to Equity holders of the parent company was 881.03 million