overview EGCO Group have invested in the Power Producer (PP), Independent Power Producer (IPP), Small Power Producer (SPP), Very Small Power Producer (VSPP), Coal Mining, Oil Transportation Service with

assessment and classification of activities of 2 more sectors: Transportation sector; and Construction and Real Estate sector. ** For more details, please see Joint Press Release: “Meeting of the Working

that can boost the implementation of the National Economic and Social Development Plan. The sectors are: Food & Beverages, Renewable Resources & Alternative Energy, Health Services, Transportation

strategy that is based on three major pillars: topline growth, operational excellence, organization development. The “fixing the basics” program is nearly complete, resulting in upgrades of technical assets

% Change Cash and cash equivalents 82 103 (20%) Account receivables 817 700 16.6% Inventories 632 885 (29%) Other current assets 156 175 (11%) Total current assets 1,687 1,864 (9%) Property, plant and

POSITION ANALYSIS Financial Position (MB) As of 31 Dec 2019 As of 31 Dec 2018 Increased (Decreased) % Total Assets 21,180.88 20,140.90 1,039.98 5.16% Total Liabilities 10,167.06 9,335.75 831.31 8.90% Equity

Million) 30 June 2017 31 December 2016 % Change Cash and cash equivalents 72 92 -22% Trade receivables 676 731 -8% Inventories 814 812 +0.2% Other current assets 143 96 +48% Total current assets 1,705 1,731

increased and the Company is able to maintain its gross margin in the similar range as last year. 2 Financial Status 2.1 Assets At the end of 2016 and of Q2/2017, the Company possesses total assets of 480.00

management recognized 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

(34%) Other current assets 152 173 (12%) Total current assets 1,759 1,898 (7%) Property, plant and equipment 2,041 2,130 (4%) Goodwill 51 55 (6%) Investments in joint venture 51 45 12.5% Other non