the Board of Directors of the Company together with an approval and under the scope of duties and responsibilities of the Committee. The company hereby certifies that 1. The qualifications of the

million THB or 13.09% i.e. from 18,557.92 to 20,986.90 million THB. It is because the projects under development and inventory increase 1,515.20 million THB or 10% i.e. from 15,155.85 to 16,671.05 million

result of repayment of long-term loans from financial institutions, and increase in liability under hire purchase agreement amount of Baht 3.41 million. 3. Shareholder equity as at June 30, 2017 amount of

to increasing of short-term liabilities under financial lease according to financial lease – medical equipment lease. Shareholders’ Equity As at June 30, 2017, the Company has shareholders' equity at

due to an expansion of the restaurants and bakery shops under the brand “S&P”. However, the growth of the domestic retail channels Earnings before Interest, Tax, Depreciation and Amortization (EBITDA

associates and joint ventures 29.43 million Baht, the Company has property, plant and equipment factory under construction increased total 207.05 million, decreased deferred tax asset in amount 14.41 million

has signed 8 hotel agreements in April to July 2017. Hotels under these agreements are located in Nepal, Thailand, Bahrain, China, Philippines, Vietnam and Bangladesh. In addition, Dusit Group has

paid / received + (Loans from the Company + any guarantee by the Company to WCIH) / Total assets value under Consolidated Financial Statements of the Company = (0+(1,091+260))/5,768 = 23.42% 4. Value of

approach because this is the new project and under the construction. Therefore the cost approach is appropriate method to be applied because it consists of present land cost and construction expenses which

the projects under development has increased 3,667.99 million THB or 55.20% i.e. from 6,645.33 million THB to 10,313.32 million THB. The Company purchases plots of land in 2017 for the development of