the end of 2016, with the decrease mainly being a reduction in the inventory on hand, trade and other current receivables as well as in property, plant and equipment. Current Assets as at September 30

of 58% YoY. Page 8 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 30 June 2018 31 December 2017 % Change Cash and cash equivalents 134 100 +33% Trade receivables 729 781

working capital. Moreover, the Company is not capable to repay the liabilities or has adequate capital to repay the large amount of accrued trade receivables in the past. In addition, the Company owed Mr

services, more than those should be received or rewarded in normal commercial practice; (7) supervises to prevent improper use of intermediary ’s resources for wrongful action or support of such action

and/or request for financial support from other party. (At the end of September 2019, SAFARI Group’s debenture outstanding balance was Baht 2,868.30 million), and/or 3) Long-term credit facility from a

segment. Increase in crude prices and restocking to support forthcoming seasonal demand has resulted in this trend being reversed in 1Q19. o 2019 is also expected to outperform 2018 as legacy contracts in

Pro forma consolidated financial statements (post-restructuring)2 Statement of Financial Positions Assets Current assets Cash and cash equivalent 44.43 217.54 Trade and other receivables 2.24 15.99

Fax. 0 2204 2616 Statement of Financial Position (Baht) Liabilities and shareholders’ equity Liabilities Trade and other current payables 65,975.77 Total current liabilities 65,975.77 Long-term

Trade and other current payables 65,975.77 Total current liabilities 65,975.77 Long-term borrowings** 33,000,000.00 Total non-current liabilities 33,000,000.00 Total Liabilities 33,065,975.77

December 2018 thanks to strong support from our shareholders. In May 2018, BGRIM was also selected to be in the ESG100 list (Environmental, Social and Governance) by Thaipat Institute to reflect the company