individual’s family are those that may be expected to influence, or be influenced by, that person in their dealings with the issuer. An associate is an unconsolidated enterprise in which the issuer has a

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

U CITY PCL 2018 MD&A (for the year ended 31 December 2018) 5 U CITY PCL 15 MAY 2018 a share of profit from an associate company, MHG, which manages serviced apartments ajoining Anantara Chiang Mai

as a result of the lower expenses which including depreciation, financial expenses, FX and derivative loss and the higher profit from investments in associate and joint venture. However, as the company

5.49 924.02 5.35 1,143.42 6.31 Current Portion of Advance Received for Rental Income from Associate 7.85 0.05 9.17 0.05 9.17 0.05 Current Portion of Long - Term Loans 208.32 1.29 66.70 0.39 284.00 1.57

160.00 0.92 - - - - Trade and other payables 924.02 5.35 1,143.42 6.31 982.01 5.22 Current Portion of Advance Received for Rental Income from Associate 9.17 0.05 9.17 0.05 9.17 0.05 Current Portion of Long

associate and our joint ventures, namely ABPIF, BGYSP and BGSENA. Gain (Loss) on Exchange Rate  We recorded a loss on exchange rate of Baht 28 million for 9M’2017 FINANCIAL PERFORMANCE 7 B.GRIMM POWER PUBLIC

 Share of profit from associates was recorded at Baht 50 million in Q1’2018, primarily attributable to profits at our associate and our joint ventures namely ABPIF, BGYSP and BGSENA Gain (Loss) on Exchange

) benefit (30,748) 101,035 (163,781) (8,966) Share of profit (loss) of associate 427 320 1,080 (57) Profit (loss) for the year 70,091 26,962 (1,241,028) (2,341,657) Non-controlling interests (5,633) 8,620

) change in accounting method for BGYSP earnings contribution from equity method to consolidation method after raising stake from 49% to 100% in Q3’2018 and 2) lower profits at our associate and our joint