Vienna House Capital GmbH and Lombard Estate Holdings Limited, sold the entire ordinary shares in VI Europaische Franchise GmbH (33.3%) to an unrelated person, for a total price EUR 27,000 Joint Venture
Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after change in net working capital and cash tax, before
EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating Cash Flow is after change in net working capital and cash
Cash Flow is after change in net working capital and cash tax, before maintenance capex Indorama Ventures 2018 MD&A 3 FY 2018/4Q 2018 Performance Highlights FY18 core EBITDA increased by 44% YoY to
financial institution during the year and taking out additional loans from a financial institution to serve as working capital for projects under development in Japan. Net profit For the year 2018, SAAM Group
operating system setting. In addition, MAT was in the process of the capital increase and propose to partly repay Baht 200,000. During this time, the Legal Department has been monitoring the progress with MAT
recognition from The Ritz-Carlton Residences, Bangkok (“RCR”) which is a part of MahaNakhon project. As a result, the Company was able to repay loans during the period. Apart from that, the capital increase
was able to repay loans during the period. Apart from that, the capital increase from the investment of Apollo had resulted in the ability to terminate the outstanding debts to financial institutions as
paid of 810 million Baht, a decrease of 166 million Baht or 17% as compared to 2017. The decrease in finance cost was due to repayments in various of debt instruments as a result of capital increase
instruments as a result of capital increase during the first quarter and proceeds from disposition of assets in the following quarter in 2018. Profit and Loss Results In 2018, the Company recorded net loss of