55.8% stake of the Galoc petroleum field, leading the company group to record an impairment loss in Galoc oil field asset in the consolidated financial statement at THB 412 million, and record an

1,367.27 million. Management Discussion and Analysis of Business Operation for the 3rd quarter of 2017 Bangchak Corporation Plc. 19 | Financial Position of the Company and its subsidiaries (Consolidated

of the Company and its subsidiaries (Consolidated) As for the performance of the first 9 months of 2018, the Company and its subsidiaries had net cash received in operating activities of THB 348

23,85119,288 31 Mar 1931 Dec 18 Current Liabilities L/T Debt (included current portion of L/T debt) Non Current Liabilities Total Equity Financial Position of the Company and its subsidiaries (Consolidated) Unit

area decreasing from the previous year. Financial Position of the Company and its subsidiaries (Consolidated) unit: THB million Assets As of March 31st, 2018, the company and its subsidiaries has Total

Bangchak Corporation Plc. I 3 Executive Summary Summary of the Company and its subsidiaries’ operating results for the quarter ended 30th September 2019 Unit: THB Million Q3/2019 Q2/2019 QoQ Q3/2018 YoY

10.79 NTA 203.85 Net profit 2019 Consolidated (16.76) Net profit 2019 Company (17.20) Criteria used in the calculation of transaction value 1. NTA = Not used because the acquired asset is real estate 2

connected transaction. Therefore, the total value of the transaction is Baht 600,000,000 or representing 2.39 percent of the net tangible asset value of the Company under the consolidated financial statements

value of the transaction is Baht 600,000,000 or representing 2.39 (Translation) 13 percent of the net tangible asset value of the Company under the consolidated financial statements ended September 30

14 March 2019. Consequently, the company has consolidated GLOW’s operating results for 18 days after the acquisition into the consolidated financial statements of the company. For the preparation of