Company had financial flexibility with strong balance sheet supported by low net interest bearing debt to equity of 0.09 time. Unit: THB mn 31-Mar-18 % to total assets 31-Dec-17 % to total assets Chg Cash

Date : 23/02/2001 09:16:00 -Translation- 14 November 2017 Subject : Information Memorandum Concerning Acquisition of Assets Attention : President The Stock Exchange of Thailand Vanachai Group Public

on financial assets by THB 7.07 million, causing from the adjustment for reclassification of financial assets and liabilities under TFRS 9, and included the provision of doubtful debt for the first

(%) 6.65 3.41 1.46 Return on total assets (%) 11.09 7.34 4.44 Return on equity (%) 12.85 10.13 5.76 Debt to equity (Times) 0.25 0.52 0.33 Interest bearing debt to equity (Times) 0.19 0.34 0.23 Interest

increase. A remarkably increase in revenues was mainly from the subsidiaries success in collection of distress debt purchased. 3. Rental and service income for the second quarter of 2018 equal to 155.1

deemed as acquisition or disposal of assets, and the notification of the Board of Governor of the Stock Exchange of Thailand Re: Disclosure of information and other acts of listed companies concerning the

(FVPL)  Impairment of financial assets based on an expected credit loss (ECL) framework with financial assets classification into 3 stages. Stage 1: financial assets where the credit risk has not

% q-q and other incomes in bad debt recovery increased by 38% y-y and 10% q-q as well as revenue growth from overseas subsidiaries by 77% y-y. The revenues for the Company were 5,139 million baht

debt recovery and total portfolio and a strong growth of both domestic and overseas subsidiaries. In addition, the Company efficiently managed the funding cost. 2. Financial Status Total Assets As of

cost as the company had purchased raw water from private source as well as the rising of depreciation and amortization by 8.49 million Baht from the amortized assets under concession agreements. Major