from operating activities Profit (loss) for the period (1,337) 1,281 196% Adjustments for Depreciation and amortisation 1,395 1,426 (2%) Interest income (2) (2) (31%) Finance costs 816 746 9% Dividend

% Provision for a gurantee of subsidiary - - Witholding tax write-off 39 12 69% Finance costs 1,102 995 10% Interest income (6) (4) 32% Dividend income (0) - 100% Employee benefit obligations - Current service

) (45,738) 10% 5% (82,597) (89,093) 8% Gross Profit 3,858 2,181 2,588 -33% 19% 7,186 4,768 -34% Interest income and dividend income 12 37 31 163% -16% 28 68 142% Other income 181 81 77 -57% -5% 240 159 -34

key components were from (i) cash paid for capital expenditure THB (2,060)mn, (ii) cash received from sale of current investments THB 900mn, (iii) dividend received of THB 388mn, (iv) interest received

was decreased in an amounting of Baht 3.09 million, which was a significant decrease from purchase property, annual bonus payments to employees and executives, corporate income tax payment, dividend

million. • The net cash flow from financing activities of THB 33 million was from the repayment of long-term loans and dividend payments. Dusit Thani PCL Management Discussion and Analysis For 2Q18 and 1H18

for the period of THB 2,265.6 million generated in 9M18 combined with an increase in paid-up capital of THB 2,266.0 million and was partly offset by total dividend payments of THB 2,808.9 million in

122.5mn and cash dividend paid out of THB 62.2mn, net of THB 312.8mn cash received from short-term loan from financial institution and THB 144.4mn received from debenture. As a result, the Company had

investment by 23.50 million baht and no major investment during the period. The financing part was net Baht -108.85 million by settlement of short term loan -28.98 million and payment of dividend by Baht

, the total equity of the Company was THB 807 million, decreased by THB 231 million or 22% from 31 December 2019. The decrease was due to the dividend in Q2/2020 with the amount of THB 237 million.