when compared to 4Q17. Core EBITDA per ton QoQ declined by 25% and core EBITDA on a QoQ basis declined by 22% as a result of the following reasons: o 4Q18 was impacted due to IVL-specific factors that

-fired plants. Thailand has signed Memorandum of Understanding (MoU) for the purchase of electricity from Myanmar, expiration in 2020 with no specific capacity. - Cambodia Cambodia’s economy had a GDP

will accommodate and allow flexibility in the divestment procedure of the Company, which is a sale of investment monies in business at quite a high value that will be interested by only a specific group

hydropower plants and coal-fired power plants. Thailand has signed Memorandum of Understanding (MoU) for the purchase of electricity from Myanmar, expiration in 2020 with no specific capacity. - Cambodia

5(1) (2) (3) or (4); (a) the appraiser shall be a juristic person with experience or expertise in the appraisal of infrastructure assets of that specific type; (b) the appraisal is conducted in full

) government bond (2) treasury bills (3) bonds or debentures issued by a state enterprise or a juristic person established by a specific law and unconditionally guaranteed wholly in principal and interest by the

numerical assessment results, if possible), tendency or probability of occurrence. Supplementary information on specific measures already put in place and substantial alleviation of risk impacts may also be

Accrued interest expenses 667,953 499,498 168,455 33.7 Other accounts payable 2,126,682 2,924,233 (797,551) (27.3) Legal Execution Department payable 575,380 575,380 0 0.0 Income tax payable and specific

0 0.0 Income tax payable and specific business tax payable 718,534 558,172 160,362 28.7 Other liabilities 3,616,707 4,813,228 (1,196,521) (24.9) Total liabilities 230,789,887 217,787,012 13,002,875

share. As a result of the aforesaid transactions, a year-on-year comparison of the changes of specific components of equity attributable to owners of the Company are less meaningful. That being said, key