liabilities 433.70 10.2% 377.80 9.4% (56) -12.9% Total liabilities 2,926.46 68.7% 2,829.15 70.2% (97) -3.3% Total shareholders' equity 1,333.99 31.3% 1,201.60 29.8% (132) -9.9% Total liabilities and shareholers

33.8% Current liabilities 1,695 53.2% 2,492 58.5% 797 47.0% Non-current liabilities 307 9.6% 434 10.2% 127 41.4% Total liabilities 2,002 62.9% 2,926 68.7% 924 46.2% Total shareholders’ equity 1,183 37.1

% 2,451.85 63.6% -212.79 -8.0% Total shareholders' equity 1,251.56 32.0% 1,400.67 36.4% 149.11 11.9% Total liabilities and shareholers' equity 3,916.20 100.0% 3,852.52 100.0% -63.68 -1.6% Statement of

are scheduled to achieve COD on 2019.  VSPP, WHA KM.3 Solar with a total contracted capacity of 0.9 Equity MW, is scheduled to achieve COD in May’18.  Another VSPP, Waste to Energy project under

; Assets (Mill. Baht) Total Liabilities & Shareholders' Equity (Mill. Baht) Total Assets was Baht 3,121.03 million, decreased Baht 911.63 million or 22.61%, mostly from a decrease in current assets of Baht

as follows: Unit: Baht Million 31 December 2016 31 December 2017 Total Assets 643.48 729.31 Total Liabilities 234.06 364.36 Total Equity 409.42 364.95 Total Revenues 635.04 872.35 Cost of Sale (523.32

% - Legal reserves 19,700 0% 32,700 1% 32,700 0% 32,700 1% - Unappropriated (Deficit) 361,999 7% 515,258 8% 302,505 4% (641,293) -10% Total equity 2,978,522 59% 3,883,413 62% 3,681,683 51% 2,746,683 42% Total

strategic co-developer of power business. We currently have total installed capacities of 552 equity MW under operation, and another 17 equity MW under construction. We partner with a number of key Thai and

from December 31, 2018 as follows; Assets Total Liabilities & Shareholders' Equity Total Assets was Baht 3,223.29 million, decreased Baht 809.37 million or 20.07%, mostly from the decrease in current

) -28% (108,690) -43% (133,577) -55% Total equity 91,131 33% 61,310 24% 206,423 85% Total liabilities and equity 278,792 100% 255,439 100% 243,955 100% (in thousand Baht) 3.2 Sale of investments in