efficiency of assets utilization and also increase cash flow to the Company. 8. Directors who abstained from vote in the Board of Directors’ Meeting The directors who are representatives from ThaiBev abstained

Tazunoki 8. Connected Transaction Reason - According to this assessment, not only cash flow management will be better including the interest rate of saving account are better than commercial bank. (Interest

due to loss. Cash Flow In 2018, the Company’s cash from operating activities amounted to 43.55 million baht and cash used for investment activities amounted to 15.11 million baht. Finally, the cash used

instruction, procedure and technical production, production flow, machine standardization, raw material standardization, diagnostic, testing and process control including the procedure and patent and other

. Total shareholders’ equity amounted to Baht 27,671.60 million, an increase of Baht 1,842.88 million from the end of prior year. Cash Flow For the first nine months of 2019, the Company and its

companies to produce newspapers or other publications. In the event that the Company is able to complete all assets disposal transactions, the Company will have more cash flow, but that money will mainly be

# !( (Discounted Cash Flow) 7. 20,%(5&40651 • 5&407/'1 CPN #"'"!!407! =,ก/'& !/'1-6.2ก E$"ก#4E#; N9l0ก#,5405E9B0 !&3E9B 07/'15กB#ก31 #; 5 8. '

Total liabilities decreased from Bt7,300 million at the end of 2016 to Bt6,828 million as of June 30, 2017; short- term debt as well as the long term loan decreased due to increased cash flow from

follows: • Net cash flow used in operating activities was Baht 121. 69 million and profit before income tax was Baht 27. 85 million. At the same time, trade receivables have increased while trade payables

2016 to Bt6,909 million as of September 30, 2017; short-term debt as well as the long term loan decreased due to increased cash flow from operations and as the Company repaid the long-term loan in