104.20 Other Income 29.2 2.86 30.2 1.47 1.0 3.21 Total Revenue 1,020.5 100.00 2,054.4 100.00 1,033.9 101.31 Operating Expenses Cost of real estate sold 548.8 53.78 1,085.1 52.82 536.3 97.72 Selling and

111.29 105.32 5.97 5.67 Selling expenses 55.33 50.65 4.68 9.24 Administrative expenses 55.96 54.67 1.29 2.36 Earnings before interest and taxes (EBIT) (2.70) 17.67 (20.37) (115.27) Financial costs 1.09

% % Administrative expenses to sales 11.1% 10.7% Finance costs 16.4 16.2 +2% Share of profit (loss) from investment in subsidiaries and joint ventures (1) (1.5) +35% Tax (income) 0 (16) +101% Net profit (loss) major

profit 20.62 24.02 3.40 16.48% 77.04 50.37 (26.66) -34.61% Other income 0.31 0.34 0.04 12.27% 1.60 0.89 (0.70) -43.94% Services expenses (1.31) (1.27) 0.04 -3.11% (3.84) (3.62) 0.22 -5.78% Administrative

% % Selling Expenses to Sales 15.7% 14.3% 15.3% 13.8% Administrative Expenses 151 122 +24% 277 260 +7% % Administrative Expenses to Sales 11.4% 8.9% 10.3% 9.0% Finance Costs 15 5 +190% 27 11 +153% Share of

200.41 15.10 271.24 9.96 194.55 14.50 77.01 38.43 Administrative expenses 88.77 3.28 51.79 3.90 88.57 3.25 50.95 3.80 36.98 71.40 Profit before financing costs and income tax expense 577.35 21.32 203.93

Selling expenses 70.44 15.72 41.15 11.90 67.31 14.79 39.74 11.38 29.29 71.18 Administrative expenses 11.06 2.47 10.36 3.00 10.91 2.40 10.31 2.95 0.70 6.76 Profit before financing costs and income tax

the reduction in sugar price and related excise tax as well as costs relating to outsource of non-carbonated energy drink production since August 2017. As mentioned above, gross profit margin of

33.96 62.84 61.80 73.38 27.84 81.98 Labor costs 5.69 10.53 6.41 7.61 0.72 12.65 Depreciation costs 4.91 9.08 5.58 6.63 0.67 13.65 Freight expenses 0.22 0.41 0.60 0.71 0.38 172.73 Others/1 9.26 17.14 9.82

20.90 40.81 43.67 Selling expenses 110.90 8.25 77.18 18.53 107.10 7.93 73.59 17.26 33.72 43.69 Administrative expenses 23.36 1.74 16.27 3.91 23.28 1.72 15.53 3.64 7.09 43.58 Profit before financing costs