measured at an amount equal to lifetime ECLs. ECLs on these financial assets are estimated using a provision matrix based on the historical credit loss experience, adjusted for factors that are specific to

For the 1st Quarter Ended 31 March, 2020 Page 8 3. Analysis of statement of financial position 3.1 Analysis of assets As at March 31, 2020, the total assets were THB 103,448.31 million, increasing by

from operations 2) Net cash used in Investment Activities amounted to 572.48 million Baht. This was mainly due to the investment in fixed assets, advance payment for the construction, and net short-term

million as a result of the company transferred Short-term Investment in order to maintain liquidity Other Current Financial Assets increased by THB 120 million due to the reclassification of the investment

Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The

revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a

1,132 1,194 1 2 Total Assets Total Liabilities and Equity Cash and Cash Equivalent Land, Property and Equipment Other Current Assets Other Non- current Assets Equity Current Liabilities Non-current

assets - 1.7 (1.7) (100.0%) Other assets 260.1 230.0 30.1 13.1% Total assets 20,621.1 20,071.1 550.0 2.7% Short-term loans from financial institutions 171.0 396.2 (225.2) (56.8%) Long-term loans from

%) Other assets 283.4 230.0 53.4 23.2% Total assets 20,767.0 20,071.1 695.9 3.5% Short-term loans from financial institutions 174.0 396.2 (222.2) (56.1%) Long-term loans from financial institutions 4,623.2

assets 21,737.2 20,071.1 1,666.1 8.3% Short-term loans from financial institutions 45.0 396.2 (351.2) (88.6%) Long-term loans from financial institutions 5,222.0 4,645.2 576.8 12.4% Trade and other