of THB 144mn, being adjusted by 1) an increase in net non-cash reconciling items of THB 79mn and (2) an increase in net working capital of THB 102mn. After deducting net cash paid for corporate income
respectively. The increased of financial costs of THB 48 million resulted from the Company had a short-term loan for purpose of increasing working capital commencing in 4th Quarter of 2017. Loss from exchange
working capital with the total amount of 205 million Baht. 7 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini
million resulted from the Company had a short-term loan for purpose of increasing working capital commencing in 4th Quarter of 2017. Gain from exchange rate The Company had recorded gain from exchange
received from this disposing of Subsidiary’s ordinary shares, the Company will use as working capital. 10. Conditions for the entering into the transaction This entering into the transaction is considered as
the money as working capital of the company and increase good investment opportunities in the future. 6. Details of disposed assets Asset type : Four (4) land plots located in Bangpongpang sub-district
380,000 Baht 5. Purpose of transaction : In order to use the money as working capital of the company and increase good investment opportunities in the future. 6. Details of disposed assets Asset type : Four
resulted from reduction in working capital due to termination of tolling and repayment of short-term loan USD 20 million from the cash received from Right-offering received in previous quarter. Gain from
assets as a tax expense of 4.15 million Baht, since it is expected that it might not be used as tax benefit. Financial Cost The Company and subsidiaries had the cost of borrowing for working capital from
million Baht. In the year 2019 cash received from working capital to be used in business in 2019 as details below: Statement of cash flows of the Company and its subsidiaries for 2019, the company received