decreased equity in the amount of THB 476.42 million. Management Discussion and Analysis For the Year Ended December 31, 2019 Page 13 4. Analysis of cash flows Cash and cash equivalents of the Company and its
both earnings and operating cash flows; IVL continues to optimize working capital through supply chain financing with a target reduction of three days in gross working capital 10 Forward-looking
parent of Baht 4,726 million, and the non-controlling interest of Baht 1,179 million. Cash Flows As of 31 December 2019, the Company reported cash and cash equivalents of Baht 2,600 million, increased by
interest of Baht 1,179 million. Cash Flows As of 31 December 2019, the Company reported cash and cash equivalents of Baht 2,600 million, increased by Baht 1,488 million (after reflecting impact from foreign
Company 3) The Company expects that once the Project is open for business, it will enhance the Company’s earnings and sustainable business growth opportunity, generating profits and cash flows to the
Company expects that once the Project is open for business, it will enhance the Company’s earnings and sustainable business growth opportunity, generating profits and cash flows to the Company in the near
having the voting rights, excluding the votes of interested shareholders. 7. Source of Fund: Cash flows from the Company’s operating activities 8. Opinions of the Board of Directors on Agreement for
votes of interested shareholders. 7. Source of Fund: Cash flows from the Company’s operating activities 8. Opinions of the Board of Directors on Agreement for Execution of the Transaction The Board of
was equal to December 31, 2018, resulted from the profit of THB 0 million in 1H/2019. Statement of Cash Flows The company had cash from operating activities of THB 660 million mainly from a decrease of