% 2 (82) N/A Share of profit (loss) of associate (6) 18 54 N/A 206% 7 72 963% Gain (loss) from purchase price negotiation - - - N/A N/A 227 - -100% Profit before finance costs and income tax expense

156 92 299 92% 225% 490 663 35% Reversal of allowance for gain/(loss) from impairment of assets 3 19 (1,358) N/A N/A 5 (1,441) N/A Share of profit (loss) of associate (1) 54 420 N/A 678% 5 492 N/A Gain

individual’s family are those that may be expected to influence, or be influenced by, that person in their dealings with the issuer. An associate is an unconsolidated enterprise in which the issuer has a

U CITY PCL 2018 MD&A (for the year ended 31 December 2018) 5 U CITY PCL 15 MAY 2018 a share of profit from an associate company, MHG, which manages serviced apartments ajoining Anantara Chiang Mai

as a result of the lower expenses which including depreciation, financial expenses, FX and derivative loss and the higher profit from investments in associate and joint venture. However, as the company

5.49 924.02 5.35 1,143.42 6.31 Current Portion of Advance Received for Rental Income from Associate 7.85 0.05 9.17 0.05 9.17 0.05 Current Portion of Long - Term Loans 208.32 1.29 66.70 0.39 284.00 1.57

160.00 0.92 - - - - Trade and other payables 924.02 5.35 1,143.42 6.31 982.01 5.22 Current Portion of Advance Received for Rental Income from Associate 9.17 0.05 9.17 0.05 9.17 0.05 Current Portion of Long

associate and our joint ventures, namely ABPIF, BGYSP and BGSENA. Gain (Loss) on Exchange Rate  We recorded a loss on exchange rate of Baht 28 million for 9M’2017 FINANCIAL PERFORMANCE 7 B.GRIMM POWER PUBLIC

 Share of profit from associates was recorded at Baht 50 million in Q1’2018, primarily attributable to profits at our associate and our joint ventures namely ABPIF, BGYSP and BGSENA Gain (Loss) on Exchange

) benefit (30,748) 101,035 (163,781) (8,966) Share of profit (loss) of associate 427 320 1,080 (57) Profit (loss) for the year 70,091 26,962 (1,241,028) (2,341,657) Non-controlling interests (5,633) 8,620