funds and 3 property funds. PASSET’s market https://market.sec.or.th/public/idisc/Download?FILEID=dat/news/201911/19104717.pdf 19106058.pdf accounts receivable 35,220 37,637 (6%) Inventories 64,509 70,085

17.78 times in 2017. GFPT Public Company Limited Management Discussion and Analysis for the Year 2018 Page 7 of 14 Inventory In 2018, the consolidated inventories of THB 3,527.98 million, decreased by THB

2018. The account receivable turnover was 18.54 times, increased from 17.11 times in 2018. Inventory In 2019, the consolidated inventories of THB 3,716.83 million, increased by THB 188.85 million or 5.35

6.85 932.66 5.77 1,013.27 5.83 Inventories 3,173.50 21.19 3,653.33 22.61 3,608.19 20.78 Other Current Assets 16.27 0.11 18.15 0.11 14.10 0.08 Total Current Assets 4,808.89 32.11 4,915.01 30.41 5,371.82

inventories of Baht 1,773.4 million, decreased by Baht 484.0 million or 21.4% from Baht 2,257.3 million as at 31 December 2019 mainly due to the improved supply chain management. Liabilities  As at 30 June

cash equivalents increased 40.19 million Baht, trade receivable, other receivable increased 11.25 million Baht, inventories increased 10.68 million Baht and others increased 0.25 million Baht.  Non

THB 5,248.20 million, dropping 3.89% from the end of last year. The majority of total assets consists of cash and equivalents, trade receivables and other receivables, inventories and property, plant

11,558 10,468 (15.7%) (7.0%) Inventories 8,964 9,461 7,684 (5.3%) 16.7% Investments in associated 464 536 593 (13.4%) (21.7%) Consolidation goodwill 418 438 450 (4.7%) (7.1%) Property, plant and equipment

million Baht, comprising trade receivable, other receivable, inventories and others increased 47.85 million Baht; cash and cash equivalents decreased 24.88 million Baht.  Non-current assets decreased 5.16

(93.4) (5.5) Inventories 1,854.8 745.9 1,108.9 148.7 Advance payment for products and services 83.4 156.4 (73.0) (46.7) Other non-current financial assets 85.0 - 85.0 100.0 Investments in related party