houses under Elite Havens brand, at which portfolio of luxurious villas resided in Indonesia, Maldives, Sri Lanka, Thailand and Japan. One of overseas associate, Dusit Hospitality Education Philippines Inc

construction under a concession arrangement at actual cost amounting to Baht 131.3 million. No gain and loss from recognized sales and cost of construction under a concession arrangement transaction. 4 Cost of

reviewing the adequacy of the internal control at least once a year. Extra revision may be necessary in case of any incidents which have significant impacts on the companies’ operations. Such assessment

provident fund committee the following matters: (1) the reason for determining such investment policy which shall at least take into account the best interest of the client; (2) a conflict of interest that

deposits at financial institutions 536.3 435.6 100.7 23.1 Investment property (net) 122.8 210.7 (87.9) (41.7) Property, plant and equipment (net) 10,637.0 10,261.3 375.7 3.7 Advance payments for

Receivables under finance lease 3,555.8 3,385.2 170.6 5.0 Inventories 777.8 531.6 246.2 46.3 Restricted deposits at financial institutions 329.8 435.6 (105.8) (24.3) Investment property (net) 122.8 210.7 (87.9

and other receivables 1,225.4 1,432.4 (207.0) (14.5%) Receivables under finance lease 3,424.3 3,400.9 23.4 0.7% Inventories 1,033.1 957.4 75.7 7.9% Restricted deposits at financial institutions 476.7

maintained at 37.6% as expected. The operating and administrative expenses accounted for 47% of total expenses. - Expected Credit Loss The consolidated expected credit loss in 9M/2023 amounted 5,942 million

%) Receivables under finance lease 3,333.5 3,400.9 (67.4) (2.0%) Inventories 1,059.0 957.4 101.6 10.6% Restricted deposits at financial institutions 445.0 397.6 47.4 11.9% Investment property (net) 123.8 123.8

%, increasing from 2.64% at the end of last year, due to the announcement of the Monetary Policy Committee (MPC) to increase the policy interest rate from 0.50% in 2022 to 2.50 as of November 2023 and the rate