476.6 million from Baht 26,418.7 million at year-end 2019. The decrease was mainly because of a decrease of Investment in Associates of Baht 1,791.6 million mainly due to TFRS9 adjustment and Net Trade

Assets The total asset as at December 31, 2019 was decreased in an amounting of Baht 182.30 million or 19.09 percent from year end 2018. Significant changes was included Trade and other receivable was

to the lower price of natural rubber, mainly material. Trade and Other Receivable As of 31st December 2019, trade accounts receivable and other receivables shown the value as the net realized gain

(24.88) (23.60)  Net cash flows from operating activities decreased since the Company had more account receivables, but fewer trade and other account payables.  Net cash flows used in investing

(from trade accounts receivable and other receivables of new business by Baht 36.70 million), inventories increased by Baht 28.39 million and other current assets increased by Baht 7.06 million. 4.2

working capital. Moreover, the Company is not capable to repay the liabilities or has adequate capital to repay the large amount of accrued trade receivables in the past. In addition, the Company owed Mr

294 296 729 892 12,282 12,201 4,571 4,959 2,245 3,598 1,300 999 416 715 743 530 651 1,922 1,833 12,282 12,201 31 Dec 18 31 Dec 19 31 Dec 18 31 Dec 19 2% 3% 19% 9% 49% 12% 6% Trade account receivables

12,282 12,496 31 Dec 18 30 Sep 19 31 Dec 18 30 Sep 19 2% 3% 19% 9% 49% 12% 6% Trade account receivables Other receivables Inventories Investment properties Property, Plant and Equipment Leasehold Rights

investments of THB 1,379mn (treasury operations) Predominantly for other reasons: (ix) an increase in trade and other receivables of THB 170mn, chiefly from a Thai hotel and the EBT of UE, being partially

maintenance service provided in the fourth quarter. 11 THB Mn THB Mn THB Mn % Cash and cash equivalents 482.9 71.9 411.0 571.6 Trade and other receivables 829.0 820.0 9.0 1.1 Receivables under finance lease