10,000,000.00 4,413,762.49 Accounts payable and other payables 81,399,384.90 34,035,945.69 Current Portion of Long Term Debt 23,760,000.00 - 7 IGEN Engineering Co., Ltd. and Subsidiaries Statement of Financial

103 190 (46%) Short-term loan from other parties 9 19 (54%) Accrued interest expenses 174 1,478 (88%) Liabilities under debt restructuring 1,249 - 100% Current portion of liabilities under

not able to cover selling and administrations expenses of the Company. In addition, in 2017 the company had realized gain from debt restructuring by converting major portion of trade debts into equity

812,113 tons in 2017 to be 1,447,472 tons in 2018. The huge increase was came from tolling activity that the Company hired G Steel Plc to produce HRC during G Steel has been in the debt restructuring

Equivalents Inventory Other Current Assets Other Non Current Assets PP&E 47,07543,909 3,3033,353 37,34532,143 19,633 22,379 30-Sep-1731-Dec-16 Current Liabilities L/T Debt (included current portion of L/T debt

29,48832,143 18,11822,379 30-Jun-1731-Dec-16 Current Liabilities L/T Debt (included current portion of L/T debt) Non Current Liabilities Total Equity Statement of Financial Position 45,99246,462 12,757 11,170

debt, a portion of the cash collection is primarily collected throughout the debt restructuring and sale of properties (both cash and installment sales) 13 Bangkok Commercial Asset Management Public

-term debt and debenture, which includes 7% current- portion amounting to Baht 1,173 million or 7% of total interest bearing debt. • Non-current portion of long-term debt was Baht 15,306 million or 93

(included current portion of L/T debt) Non Current Liabilities Total Equity 113,869 117,033 113,869 117,033 Management Discussion and Analysis of Business Operation for 2Q/2018 Bangchak Corporation Plc. I 21

17,58521,651 31-Mar-1831-Dec-17 Current Liabilities L/T Debt (included current portion of L/T debt) Non Current Liabilities Total Equity 114,110 109,391 114,110 109,391 Management Discussion and Analysis of