average price appraised by 2 independent appraisers or total amount of Baht 924,900,000.-. Such price does not change from the price offered to SPI. Whereas SCT agrees to make payment into 3 installments to

Change +/(-) (Unit: THB million) QoQ YoY 9M Independent Power Producer (IPP) - Xayaburi Power Company Limited (XPCL) 25% (10) (2) (5) (150%) 50% (31) (15) (52%) Small Power Producer (SPP) - Bangpa-in

of associates and joint ventures 111 144 152 6% 37% 346 517 49% Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2017 and FY2017 Sriracha Power Plant is an Independent Power

& Analysis (MD&A) Q3/2018 9 The Sriracha Power Plant is an Independent Power Producer (IPP) where the gross profit depends on the Availability Payment (AP) of the power plant. In Q3/2018, gross profit of

on asset appraisal shall be furnished with the requirements on the infrastructure asset appraisal as follows; (1) the appraiser shall be (a) an independent financial advisor if the infrastructure asset

take-home or delivery services only. The Group placed importance on maintaining continuity in providing efficient services to our customers and therefore the Group focused on improving the efficiency of

disclose information and get approval from the shareholders. The audit committee shall appoint independent financial advisor within August 2017 to provide an opinion regarding the reasonable and fairness of

end of Q1–2018 the project in accordance with the contract had completed for delivery. In addition, the new winning projects had decreased. Other current assets increased by 13.7 MB or representing an

from the same period of previous year by Baht 33.29 million or 6.67%. The increase was affected by an increase in the delivery volume of its subsidiaries by Baht 32.45 million comparing with the same

increase of 65.6% due in Q2-2016 the company obtain new projects which were is still work in progress and not yet completed for delivery. -4- Other current assets decreased by 44.5 MB or 47.1%, due to an