financial position as at 30 June 2017 The group’s assets increased by Baht 46.34 million, mainly due to the following reasons: • Trade and other receivables increased by Baht 91. 99 million, primarily due to

-down of inventories to net realizable value. Additionally, marketing expenses were incurred from “The Match Bangkok Century Cup 2022” sponsorship. 5 I 9 Statement of Financial Position (Consolidated

Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company and subsidiaries

as at 31 March 2018 Page 2 of 3 T.K.S. TECHNOLOGIES Statements of Financial Position and Cash Flows (con’t) Shareholders’ Equity of company at end of March 2018 represented of THB 2,547 mil., increased

765.95 (242.68) (31.68) EBITDA Margin (%) 13.22 18.59 (5.37) Financial position Assets For the consolidated financial statements as of March 31, 2018, total assets of the GFPT Group equal to THB 17,408.29

Thailand We, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussion and analysis regarding consolidated financial performance and position of the Company

1,314. 36 million, and other current liabilities THB 160.98 million. Due to its strong position in cash flow and liquidity, the Company and its subsidiaries can repay the debt obligations including trade

profit from associated companies. GFPT Public Company Limited Interim Management Discussion and Analysis for the 2nd Quarter 2019 Page 7 of 13 Financial position Assets For the consolidated financial

portion of long-term loans of THB 284.00 million. Due to its strong position in cash flow and liquidity, the Company and its subsidiaries can repay the debt obligations including trade payables and other

Expense 4.07 2.12 1.95 92.08 11.57 6.43 5.14 80.02 EBITDA 851.02 896.18 (45.16) (5.04) 2,005.54 2,531.60 (526.06) (20.78) EBITDA Margin (%) 18.84 20.37 (1.53) 16.10 19.96 (3.86) Financial position Assets