(409.20) (78.22%) Current portion of debentures 599.04 208.74 (390.30) (65.15%) Other current liabilities 173.49 197.52 24.03 13.85% Debentures - net of current portion - 393.00 393.00 100.00% Other non

institutions of 3,062 million Baht, current portion of long-term loans from financial institutions of 4,618 million Baht, the remaining amount of debenture is 1,812 million Baht, long-term loans from financial

122.03 46.13 60.78% Total assets 3,251.20 3,741.70 490.50 15.09% Liabilities Short-term loan from financial institutions 93.95 80.00 (13.95) (14.85%) Current portion of debentures - 396.53 396.53 100.00

(17.36) (7.27%) Trade and other payables 388.91 399.23 (10.32) (2.58%) Contract liabilities 244.69 241.90 2.79 1.15% Short-term borrowings from related parties 2.00 2.50 (0.50) 100.00% Current portion of

million or 123 million baht, resulting in the Company's investment portion of the subsidiary from 70% to 100%. Capital increase of a subsidiary On June 2 3 , 2 0 2 0 , an extraordinary meeting of the

Veranda Resort Public Company Limited Management Discussion & Analysis Q2/2020 Management Discussion & Analysis Q2/2020 The company has main revenue portion from the property development business

-current assets 75.90 122.87 46.97 61.88% Total assets 3,251.20 4,005.66 754.46 23.21% Liabilities Short-term loan from financial institutions 93.95 300.00 206.05 219.32% Current portion of debentures

400.0 550.0 137.5% Trade and Other Payables 1,163.6 738.5 425.1 57.6% Unbilled payables 628.4 713.5 (85.1) (11.9%) Other current liabilities 81.2 95.0 (13.8) (14.5%) Current portion of liabilities under

% 6.7% 20.2% 21.7% 22.4% 60.4% 43.0% 54.1% Q1'20 Q4'19 Q1'19 Portion of Operating Expenses Personnel expenses (Including directors’ remuneration) Premises and equipment expenses Taxes and duties Other

reservoir than that in Q2/2019. Gross profit of Sriracha Power Plant increased as a portion of the Availability Payment (AP) that is linked to USD increased due to THB depreciation. Additionally, revenue from