Price (Bht./ton) 18,690 16,163 HRC Cash Margin (Bht./Ton) 1,700 1,586 Unit: million Baht 31 December 2017 31 December 2016 Fin an cia l St at us Total Liabilities 5,492 5,871 Total Asset 19,546 17,813

THB 13.6 mm or 7.9%, mainly due to the dividend received from HREIT during 2017 versus net cash paid from HREIT was in the form of capital reduction during 2018.  Other income for 3 months and 6 months

MARCH 2018 (Restated) 30 SEPTEMBER 2018 (THB mn) % out of total (THB mn) % out of total Cash & cash equivalents and short-term investments 1,905 19.8% 5,225 26.0% Trade & other receivables 1,143 11.9

Price (THB./ton) 20,715 18,079 HRC Cash Margin (THB./Ton) 483 1,423 Unit: million Baht 30 September 2018 31 December 2017 Fin an cia l St at us Total Liabilities 4,801 5,492 Total Asset 18,459 19,546

in intangible assets of Baht 3.15 million, decrease in inventory of Baht 84.57 million, but there were increase in cash and cash in bank of Baht 48.61 million, increase in trade accounts receivable and

inventory of Baht 22.75 million and decrease in trade accounts receivable and other accounts receivable of Baht 86.86 million, but there were increase in cash and cash in bank of Baht 35.38 million, increase

surpass the challenge of cash sufficiency during the crisis and be complied with relevant law and regulation in the countries where the hotels operate. With regards to the Company’s financial status, the

2019, Cash and cash equivalents amounted to 80.24 million baht increased by 26.89 million baht for the year 2018, which the details of the acquisition and uses of cash in the year 2019 as follow

Statement Cash Flows Statement Accounting Financial Ratios Business Performance Executive Summary Statement of Income 19 of Financial Position Environment Management 3 3 | Management Discussion and Analysis

decreased by THB 334 million mainly due to a decrease in cash and cash equivalents of THB 289 million for the investment in NRIP. • Non-current assets increased by THB 586 million. This was mainly from (1) an