' Equity of Parent Company 4,415,842.84 271,885.39 Non-controlling interests (2,395,069.34) (49,913.87) 2,020,773.50 221,971.52 Total comprehensive income attributable to Shareholders' Equity of Parent

Payment) 23) Dividend Payout = (Dividends / Net Income) * 100 * The Company paid dividend in 2015 in amount of 0.25 Baht per share, however, separate financial statements in 2015 shown net loss, dividend

พระโขนงใต้ เขตพระโขนง กรุงเทพฯ 10260 http://www.sevenup.co.th Tel. 0-2741-5700-5/Fax 0-2741-6878 / Company Tax ID : 0107545000021 Statements of comprehensive income for the year ended December 31 2015 2016

Board of Directors regarding the Transaction The Board of Directors is of the opinion that the Transaction has the potential to generate income for the Company as well as appropriate benefits for the

, the company realized the expense from raw material derogation amounting to THB 2,004 million. But, the company has also realized tax income amounting to THB 356 million which was mainly from such

the Target Group Hotels and Resorts will generate recurring income to the Company. 9. Sources of fund for entering into the transaction o The Company expects to fund not exceeding USD 158 million or

support the Company’s financial liquidity, capital structure, potential for generating income in the future and the better financial status as the Company does not create an additional liability from loan

be comparable to similarly titled measures used by other companies. Operating Profit and Net Income The operating revenue of the Company for year 2018 and year 2019 were 26,810.5 million baht and

(for 4Q19, total revenue of THB 599 mn and net profit of THB 110 mn). The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that the Company

accounting from the disposal of assets that will help developing the conditions of the consolidated financial statements. In addition, the Company will gain income as the increase of cash flow of 70.00 million