out of 16.47 MW. However, the company had an “all risk” insurance which covers all risks on the company’s Solar energy units. In fact, the company already received claims of damaged assets in Q3/2018

Position (Unit: Million Baht) Description 31 Mar 20 31 Dec 19 Changes Amount % Total assets 115,219 111,697 3,522 3.2 Total liabilities 78,735 72,874 5,861 8.0 Total shareholders’ equity 36,484 38,823 (2,339

VII Financial Status Description December 31st, 2019 March 31st, 2020 Differentiate Million THB % Total Assets 32,079.5 32,601.3 521.8 1.6 Total Liabilities 21,145.6 21,732.0 586.4 2.8 Total

December 31st, 2019 June 30th , 2020 Differentiate Million THB % Total Assets 32,079.5 33,915.0 1,835.5 5.7 Total Liabilities 21,145.6 22,335.9 1,190.3 5.6 Total Shareholders’ Equity 10,933.9 11,579.0 645.2

. Financial position analysis Unit : Million Baht June 30, 2020 June 30, 2019 Increase (Decrease) % Total assets 520.60 340.25 180.36 53.01 Total liabilities 288.56 86.37 202.19 234.09 Total shareholders

business relating to the main business of the Company and make the payment for assets acquisition with share of WCIH not exceeding of 101,849,993 shares or 56% of total WCIH shares resulting in termination

sales revenue and the higher cost of goods sold, sales and administrative expenses mentioned earlier. Financial Position Total Assets As of 31 March 2020, the Company’s total assets stood at THB 5,397.93

and hospitality business. Page 7 of 7 Management Discussion and Analysis 2018 Financial Position and Capital Structure As at 31 December 2018, the total assets were 58,930 million Baht, increased by 44

2019 Changes Million baht Million baht Million baht % Total Assets 457.86 420.02 (37.84) (8.26) Cash and cash equivalents 92.96 74.63 (18.33) (19.72) Trade and other account receivables 68.62 37.93

Receivable Total Assets Total Borrowing Total Liabilities Total Equities 87,433 87,389 62,710 70,009 17,380 91,028 90,469 65,418 70,205 20,264 4% 4% 4% 0.2% 17% ROE 19.5% 19.2% -2% ROA 4.0% 4.0% 0% D/E Ratio