Thani PLC Management Discussion and Analysis For 2Q19 and 6M19 P a g e | 8 Assets As of 30 June 2019, the Company reported total assets of THB 12,770 million, an increase of THB 1,197 million or 10.3

Investment in related company 12.22 0.57% 10.99 0.48% Long-term investment 2.66 0.12% 2.73 0.12% Property, plant and equipment, net 422.09 19.67% 448.52 19.75% Intangible assets – net 0.62 0.03% 0.76 0.03

of the GFPT Group equal to THB 18,462.36 million including THB 5,938.75 million (32.17% of total assets) in current assets, THB 8,589.45 million (46.52% of total assets) in property, plant and

assets, THB 8,300.27 million ( 46. 36% of total assets) in property, plant and equipment ( PP&E) , THB 2,634. 18 million ( 14. 71% of total assets) , in investments in associated companies, THB 458. 79

( 47. 68% of total assets) in property, plant and equipment ( PP&E) , THB 2,784. 74 million ( 14. 90% of total assets) , in investments in associated companies, THB 512.40 million (2.74% of total assets

December 2018, and 31 December 2019, the Group had total assets of THB 1,564.0 Mn and THB 2,044.1 Mn respectively, an increase of THB 480.1 Mn or 30.7%. The assets increased mainly from (1) an increase in

(2,348) million, affected from the company sell assets (BOI) to Free Zone in order to alleviate import duty tax, VAT and penalty burden which can see detail in Note no. 10 Property, plant and equipment in

298.63 270.31 10% Inventories 31.09 29.00 7% Property, Plant and Equipment 966.84 807.84 20% Goodwill 87.80 87.80 0% Other assets 77.63 144.68 -46% Total assets 1,685.41 1,879.48 -10% Trade payable 136.50

) Current investment 136.65 156.04 (19.39) (12.43) Inventories 518.18 472.08 46.10 9.77 Property, plant and equipment 922.13 919.08 3.04 0.33 Other assets 88.48 69.00 19.48 28.24 Total assets 1,726.77

, increased by Baht 615.24 million from as of December 31, 2017. The main reason came from the increase of inventory, property, plant and equipment and also the investment in associates. In this regard, the