) Property, plant, and equipment 172.74 153.86 (18.88) (10.93) Right-of-use assets 0.00 14.94 14.94 - Other non-current assets 4.83 2.49 (2.34) (48.45) Total Liabilities 84.16 100.28 16.12 19.15 Short-term

subsidiary companies are established to provide the following services in relation to real estate development: 1) Community management 2) Management of residential property for rent 3) Parking space management

grew by THB 122.6mn or 200.2% when compared to the same period last year. The increase was predominantly from the consolidation of the hotel business in Europe. 6) A net reversal of impairment of assets

to increase income by providing services to projects developed by other property developers. The business growth target in 2019 is thus set at 10 - 15%. The gross main income of the Company and

Company Limited (SAFE) as the joint venture of the Company arranged the measurement of fair values of identifiable assets and liabilities at the acquisition date of three subsidiaries of such joint venture

2017. The increased mainly came from loss on disposals of fixed assets in the amount of 1.35 million baht. While other administrative expenses such as depreciation expenses of 2nd Factory is lower in

company and its subsidiaries, mostly in Infrastructure Funds (IFF) at 86.57 %, Property Funds (PF) at 3.99% and REITs at 9.45%. The objective of investments was to receive consistent dividend and high

0.61 Other current financial assets 30.29 0.00 30.29 100.00 Property, plant and equipment 910.63 922.13 (11.49) (1.25) Right-of-use assets 149.01 - 149.01 100.00 Other assets 82.88 88.48 (5.60) (6.34

% -6.00 -100.00% Property, plant and equipment 812.97 47.78% 801.24 50.88% 11.73 1.46% Goodwill 107.87 6.34% 107.87 6.85% 0.00 0.00% Intangible assets 45.01 2.65% 28.48 1.81% 16.53 58.04% Other non-current

October 11, 2019 Re: Clarification of the operating results of company and its subsidiaries for the year ended as at December 31, 2018 To: President The Stock Exchange of Thailand K.C. Property