ratio. Unit: THB million 31 December 2018 31 March 2019 Change Cash and cash equivalent 3,545 3,351 -193 Inventories 7,218 7,221 3 Current assets 20,779 22,227 1,448 Investment property 12,064 12,580 516

III Road, Alley 23, Bangklo Sub-district, Bangkorlaem District, Bangkok SASCO Siam Appraisal and Service Company Limited BKKPA Bangkok Property Appraisal Company Limited Independent Financial Advisor or

% Trade accounts receivable 33,352 31,085 7% Inventories 41,088 40,459 2% Other current assets 9,336 8,811 6% Total current assets 89,032 84,495 5% Investment 6,380 5,530 15% Property, plant and equipment

lease of real property and receives services, as follows: 1) Real property lease for not over 3 years 2) Location : Office building at No. 45/14, Moo 1, JKN Gallery Salaya (Building 2), Tambon Song

significant changes and developments: describe changes of person who has duties concerning REIT management e.g. change of REIT manager, trustee, or property manager; 2.3 REIT management structure: demonstrate

million baht 1,247 1,247 1,247 ratios Key financial Liquidity ratios Current ratio times 3.09 3.14 3.31 Quick ratio times 2.35 2.47 2.67 Cash ratio times 0.37 0.45 0.68 Receivable turnover times 4.71 4.67

Inventories 5,371 6,851 1,480 Current assets 24,087 24,052 -35 Investment property 13,828 16,190 2,362 PPE - net 19,870 23,441 3,572 Non-current assets 43,594 48,078 4,484 Total Assets 67,681 72,130 4,449

108,412 103,064 22% (5%) Leasehold rights 13,881 14,086 21,323 54% 51% Property & equipment (PP&E) 1,552 1,646 1,590 2% (3%) Other non-current assets 12,566 22,262 26,592 112% 19% Total non-current assets

2018 with net loss of 1,102 million Baht as a result of disposal of asset a total of 422 million Baht. While no further revenue recognition from the property development business were presence in the

8,199 8,811 (7)% Total current assets 86,145 84,495 2% Investment 6,340 5,530 15% Property, plant and equipment 145,109 136,860 6% Intangible assets 27,960 27,257 3% Deferred tax assets 2,658 2,233 19