liquidation of a subsidiary 0 Effect from exchange rate changes on balances 0 held in foreign currencies (1) Cash and cash equivalents at 31 December 591 Non-cash transactions Transfer provisions to other

The Stock Exchange of Thiland, Disclosure of Information and Other Acts of Listed Companies Concerning the Connected Transactions, 2003 (Including Amendments) 3. General characteristics, type and size

year 2017, increasing by Baht 866.54 million, or 15.5 percent. The significant transactions were as follows:- Management Discussion and Analysis For the Year Ended December 31, 2018 Page 8 2.1 The Effect

Public Company Limited (“GFPT” or “ the Company” ) and its subsidiaries ( collectively, “ GFPT Group” ) for the year ended December 31, 2018 as well as included any significant transactions occurred during

2018, decreasing by THB 356.86 million, or 5.5 percent. The significant transactions were as follows: 2.1 Revenue from sales and rendering of services (excluding fuel costs) Revenue from sales and

Public Company Limited (“GFPT” or “ the Company” ) and its subsidiaries ( collectively, “ GFPT Group” ) for the year ended December 31, 2019 as well as included any significant transactions occurred during

activities in the 2nd Quarter 2017 was Baht 574.43 million, which was higher than the net profit before tax by Baht 259.37 million due to the transactions that did not affect the cash such as depreciation of

rate changes on balances held in foreign currencies (0) Cash and cash equivalents at 30 June 2017 621 Non-cash transactions Transfer provisions to other payables and accrued expenses 72 Transfer

transactions occurred during the 3rd Quarter 2017. GFPT Group has policy to mitigate risks from foreign exchange rate volatility, which occurred from export sale and raw material importation by hedging forward

710.88 million, which was higher than the net profit before tax by Baht 300.24 million due to the transactions that did not affect the cash such as depreciation of assets and amortization of Baht 188.78