3.7% EBITDA Margin 62.1% 61.6% Finance cost 34.9 39.1 (4.2) (10.7%) Income tax expenses 87.8 83.2 4.6 5.5% Profit for the year 345.5 327.1 18.4 5.6% Net Profit to Equity holders of the Company 322.6

) Administrative Expenses (25.4) (8.4) 17.0 (66.8) Finance Costs (146.0) (93.7) 52.3 (35.9) Share of Profit from Investments in Associates and Joint Ventures 250.8 659.2 408.5 162.9 Income Tax (Expense) Income 17.9

loan, net of tax, in the amount of Baht 112 Million, the Company had the net profit attributable to equity holders of the Company in the amount of Baht 736 Million representing an increase from the same

million net; intangible assets of Bt284 million; investment property of Bt163 million; goodwill of Bt153 million; investments in associates of Bt41 million; deferred tax assets of Bt58 million; and other

times because current assets and current liabilities decreased, the mainly reason was the lower trade account receivable and the lower accrued income tax. • Quick ratio was 2.81 times, decreased from the

Expenses of tax income 26.23 1.43% 23.26 1.67% 2.97 12.77 Net income 113.72 6.21% 107.55 7.70% 6.17 5.74 Profit sharing Attributed to the shareholders of the Company 96.19 5.25% 89.70 6.42% 6.49 7.24

impact and uncertainty of land and building tax and stricter lending policies by financial institutions as loan-to- value (LTV) measures and an economic downturn which led to the slowdown of purchases of

Profit 4.4% 4.9% EBITDA (MB) 70.6 83.9 -15.8% EBITDA (%) 8.9% 9.6% Earnings per share (Baht) 0.07 0.08 -12.5% Remark : EBITDA = Profit before finance costs, income tax, Depreciation and Amortization

expenses 6.73 0.30% 4.88 0.27% 1.85 37.91 Share of losses from associates 0.27 0.01% 0.00 0.00% 0.27 100.00 Income tax 20.77 0.94% 26.23 1.43% -5.46 -20.82 Net profit 43.95 1.98% 113.72 6.21% -69.77 -61.35

to related pa ue added tax ssets le from purcha vable - net m investment nt assets Shareholders’ ns from financi r payables of debentures ns abilities s - net of curre et nt liabilities der’s Equity