14,000 Bank overdrafts and short- term loans from financial institutions Current portion of long-term loans from financial institutions Financial lease liabilities Trade account payables Property, plant

LIMITED Management’s Discussion and Analysis PROGRESS OF PROJECTS UNDER CONSTRUCTION Current Construction Progress ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL POSITION

current seven persons to be a director for the Company, follow the proportion of shares held by the investor. Hence, such issuance of the newly issued shares to the investor is considered a connected

considered a transaction to a potential controlling person of the Company. Furthermore, the investor will have the rights to nominate three persons from the current seven persons to be a director for the

re: Board of Directors and the Article 31 under Chapter 6 re: Meeting of Shareholders. The details of which are as follows: The Company’s Articles of Association Current Items New/Revised Items Chapter

and Managing Director 4. Summary of financial statements of VAVA Statement of financial position Unit : Million Baht Items Statement of financial position 31 Dec 14 31 Dec 15 31 Dec 16 Assets : Current

: Current Assets 450.26 571.86 657.61 Non-Current Assets 614.99 694.78 637.12 Total Assets 1,065.25 1,266.64 1,294.73 Liabilities : Current Liabilities 588.66 587.67 545.79 Non-Current Liabilities 120.58

contingency plan to be up-to-date and to conform to the current situation 5. Having a stress test on the contingency plan 6. In the case of emergency, the followings should be executed: 6.1 Communication of the

improvement of contingency plan to be up-to-date and to conform to the current situation 5. Having a stress test on the contingency plan 6. In the case of emergency, the followings should be executed: 6.1

ใช้ “มูลค่าเงินลงทุน” ตามช่อง ก. หักด้วย “ค่าความเสี่ยง” ตามช่อง ข. * หมายเหตุ มูลค่าตามราคาตลาดที่กล่าวถึงในการคำนวณเงินกองทุนสภาพคล่องสุทธิ ให้หมายถึงมูลค่าที่สะท้อน current value โดยให้ดูรายละเอียดใน