property, plant and equipment Baht 70 million บริษัท จี สตีล จ ำกัด (มหำชน) G Steel Public Company Limited Management Discussion and Analysis Quarter 3 Ending 30 September 2018 G Steel Public Company Limited

activities Baht 848 million  Net cash flows used in investing activities Baht 48 million from purchasing of property, plant and equipment Baht 116 million, proceeds from disposal of investment in subsidiary

year. In addition, the company invested in warehouse to support business expansion and to partially reduce rental expense. In Jiangsu China, the company purchased machine and equipment to support

% 26.5% +19% 32.5% 27.0% Selling expenses mainly consist of salaries of dessert café’s staff, space and equipment rental expenses, utility expenses, and other selling expenses such as marketing and

Non-Current assets increased to Baht 651.12 million from Baht 510.09 million as of 31 December 2018. Property, Plant and Equipment increased from Baht 418.42 million as of 31 December 2018 to Baht

of year 2018. The revenue was decreased from the revenue of sold electrical equipment and the revenue from the sold telecommunication towers because the communication system 4G is coming to the end of

Cambodia 4,174,257.02 AMF Myanmar 3,041,487.55 Total 95,682,700.03 This amount was calculated based on the cost (labor cost, administration cost, equipment cost etc.) of AFS who works for subsidiaries

hire an appraiser approved by the Securities and Exchange Commission. 2 The change is the result of the Thai Accounting Standard No. 16 (revised 2017), regarding Property, Plant and Equipment has

Investments in associated companies 750 593 26.6 Property, plant and equipment 7,422 7,258 2.3 Others 3,224 2,695 19.6 Total Assets 46,793 46,018 1.7 Bank overdrafts and short-term loans 0 229 (100) Trade and

key components were 1) property, plant and equipment of 50mn, 2) investment property of THB 28mn, and 3) cash and cash equivalents of THB 22mn. More commentary on 2Q 2018 financial statement can be