758 million (or -4.1%) from 31 December 2018 primarily from lower retained earnings of THB 687 million as the Company paid 2018 dividends to OSP shareholders in Feb’19 and May’19 and 2019 interim

3,508 (3%) Authorized share capital 140 140 0.0% Issued and fully paid-up share capital 140 140 0.0% Share premium 6 6 0.0% Retained earnings 689 829 (17%) Other components of equity 180 189 (5%) Deduct

tax liabilities of THB (32)mn in non-liabilities and 4) unappropriated retained earnings of THB (3)mn. ASSETS ASSETS BREAKDOWN 31 DECEMBER 2018 (Restated) 31 DECEMBER 2019 (THB mn) % out of total (THB

times and 0.9 times, respectively, driven by loans repayment to financial institutions and higher retained earnings due to the improving overall performance as mentioned above. Yours sincerely, Pongsarn

%) from 31 December 2018 mainly from decrease in other components of shareholders’ equity (see reconciliation in statement of changes in equity). However, retained earnings increased THB 78 million as

31 Dec 2019, the total equity of the Company was THB 1,038 million, increased by THB 81 million or 8% from 31 December 2018. The increase was due to the increase in retained earning. Analysis of

’ Equity was Baht 13,559.3 million, decreased by Baht 490.0 million from Baht 14,049.3 million at the end of 2018, mainly decreased from adopting new accouting standard (TFRS 15) in Retained Earnings. As at

%, which was attributed to an increase in retained earnings from the 3-month operating performance. Return on equity for 1Q 2017/18 was 35.4%. The first quarter of 2017/18 (ended 30 June 2017) 6 VGi GLOBAL

; primarily from the increase in retained earnings in amount of THB 542 million. The consolidated book value as at June 30, 2017 was THB 9.03 per share, slightly increased from THB 8.60 per share as at December

+0% Share premium 6 6 -0% Retained earnings 1,248 1,229 +2% Other components of equity 197 199 -1% Total equity of parent Company's shareholders 1,591 1,575 +1% Non-controlling interests 0 5 -100