, “Management Report”. B prudent consideration on factors in line with uncertainties stemming from the continued economic slowdown. At the end of 2019, our robust capital position was sufficient to cushion

additional short term loan for working capital management. EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2018 6 7. FINANCIAL POSITION

sector. Increase in money injection from public investment is expected due to historically large government capital budget as well as mega project investment to support Eastern Economic Corridor (EEC

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

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 ended the second quarter of 2018 stood at THB 72.5 mm and THB 151.6 mm

quarter last year. The decrease is expected to be short- term as the contracts of O2O campaigns were mostly terminated in June 2018, a normal budget-end period for agencies and clients. Hence, the Company

%2 (forward, future, swap) &)*>?'/ (options) 62 '&' 9%2 ++,9 6 / +,+9%26 :+9@2 spot rate &)* %&)2=+2 1. %&' / short %

Limited, to provide hospitality services with registered capital of THB 1 million with 10,000 ordinary shares at a par value of Baht 100 each. Late January 2019, the Company invested in Epicure Catering Co

million resulted from the Company had drawdown a short-term loan for purpose of increasing working capital commencing in 1st Quarter 2019.  Gain from exchange rate The Company had recorded gain from

account of decrease in: 1. Trade accounts payable decreased by THB 1,333 million. 2. Short-term loan from related parties decreased by THB 1,116 million. 3. Other payables and accrued expenses decreased by