24.92% Non-current assets Pledged and restricted bank deposits 48.85 37.35 11.50 30.79% Investments in subsidiaries 5.21 - 5.21 100.00% Investment properties 11.04 22.28 (11.24) (50.45%) Property, plant

11.24 0.49% 10.99 0.48% Long-term investment 2.60 0.11% 2.73 0.12% Property, plant and equipment, net 438.46 19.15% 448.52 19.75% Intangible assets – net 0.71 0.03% 0.76 0.03% Restricted fixed deposits

0.00 Total Income 60.89 Total Costs and Expenses 41,849.02 Profit (Loss) Before Tax (41,788.13) Net Profit (Loss) (41,788.13) Unit : Baht Financial Statements Year 31 Dec 2016 Cash and Bank Deposits

the Company and its subsidiaries’ cash and cash equivalents in amount of Baht 928 million, the increase in associated companies investment Baht 756 million, the increase in deposits for new land

6,869 million. It resulted from the increase in cash and deposits and banks, inventories, unbilled receivables and trade account payables. The quality of assets Trade account receivables Unit: Million

loans. c) Increase in Trade payable from deposits and down payments of The ESSE at Singha Complex. Total equity stood at Bt18,402mn, grew by 19% from end of FY2016, mainly from the increase of capital, as

deposits received from customers of 3,845 Million Baht, deferred tax liability on gain from JV transaction of 2,205 Million Baht. Total interest bearing debts equaled to 20,336 Million Baht. Shareholders

Baht, debentures (net) of 1,805 Million Baht and advances and deposits received from customers of 3,845 Million Baht, deferred tax liability on gain from JV transaction of 1,856 Million Baht. Total

derivatives as a result of the issuance of the above- mentioned convertible bonds. b) Increase in Trade payable from deposits and down payments of The ESSE at Singha Complex and The ESSE Sukhumvit 36. Page 6 of

incorporated under the law of Thailand, or a natural person who is domiciled in Thailand with the fund for investment in financial instruments or derivatives or deposits of one-hundred million baht or more, the