to clients; (3) mutual fund management excluding foreign investment funds; (4) private fund management; (5) securities borrowing and lending; (6) financing securities business; (7) derivatives

% 2. ECONOMIC SITUATION Thai economy in Q2/2019 moderated from previous quarter. The global demand weaker from protectionist trade policies between the US and China, which effected to export sector

overdrafts by THB 178mn and (iii) a reduction in trade and other payables of THB 150mn. Total equity as at 31 March 2018 amounted to THB 29,475mn, growing by THB 11,680mn or 65.6%. This was mostly from (i) an

Baht 36.6 million compared to 1Q2019; and iv) Baht 28.2 million increase of Finance Costs from Baht 76.9 million to Baht 105.1 million mainly due to financing for SDWTP and Interest Expense from the new

payment of THB 300 million and repayment of borrowings from financial institution and related parties of THB 104.09 million, net offsetting with cash from operating activities. Increase in trade and other

accordance with B.Grimm Power’s investment plan. These projects have received financial support by way of project financing from leading financial institutions. In additions, B.Grimm Power has maintained its

portion of long-term borrowings increase THB 9,763 million while Trade payables and Other current payables decreased THB 20,275 million. 3. Total equity as of September 30, 2020 and December 31, 2019 were

282 million. • Net cash flow from financing activities of Baht 500 million resulting from long-term loan agreements with the financial institution of IRPC-CP, in-line with the cash flow plan to support

million which mainly used in the payment of construction for Baht 1,869 million and in payment for additional capital of the associate for Baht 522 million. • Net cash flow from financing activities of Baht

million with a fixed coupon rate of 3.24%. The proceeds will be used to support financing of Rayong Waste to Energy (WTE) project and solar power plant projects as parts of GPSC’s plan to scale up our