/14 Consolidated Statement of Cash Flow 2018 2017 + (-) % (in million Baht) For the nine-month period ended 30 September Non-cash transactions Transfer provisions to other payables and accrued expenses

and Analysis Yearly Ending 31 December 2018 G Steel Public Company Limited Page 15/15 Consolidated Statement of Cash Flow 2018 2017 (in million Baht) Non-cash transactions From write-off the expired

million, which was higher than the net profit before tax by Baht 100.61 million due to the transactions that did not affect the cash such as depreciation of assets and amortization of Baht 59.61 million and

mainly as a result of the capital increase 1Q 2018 MAJOR EVENTS 4 January 2018: U City’s shareholders at the Extraordinary General Meeting (EGM) approved a number of simultaneous transactions which

million, which was higher than the net profit before tax by Baht 44.14 million, due to the transactions that did not affect the cash such as depreciation of assets and amortization of Baht 118.81 million

: Procurement income from disposal of assets 1,200,000 Add: Reversal of allowance for doubtful accounts of long-term loans to a subsidiary 1,634,000 Less: Transactions cost Value added tax (134,788) Transfer fees

Supervisory Board No. TorChor. 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets and the Notification of the Board of Governors of the Stock Exchange of

cash from operating activities in the 3rd Quarter 2018 was Baht 399.65 million, which was lower than the net profit before tax by Baht 17.79 million, due to the transactions that did not affect the cash

purchase agreement to acquired 34.00% of total issued shares in Duong River Surface Water Plant Joint Stocks Company in Vietnam on 7 August 2019. The total value of transactions is VND 2,073.19 Billion

31st March 2020 and 2019 were 0.30 and 0.41 times respectively. The lower D/E ratio was due to smaller current liabilities as a result of smaller size of business transactions in the latest quarter