and increase FN brand equity in a long run. For the proportion of other income to total revenue, the Company was able to maintain proportionate compared to previous period. The Company targets to expand

activities. * Note Please find further information in the consolidated financial statements. 4 Analysis of Shareholders’ Equity As at 31 December 2018, the shareholders’ equity was 19,768 MTHB which increased

provisions for employee benefits due to the change of severance payment policy following the amended Labor Protection Act. Analysis of Shareholders’ Equity As at 31 December 2019, the shareholders’ equity was

Shareholders’ Equity As at 31 December 2017, the shareholders’ equity was 17,868 MTHB which increased by 1,704 MTHB or 11% comparing to 16,164 MTHB at the end of 2016. The increment was mainly from the net

equity holders improved significantly compared to last year, attributable to increased earnings, higher share of profit from associate companies, and lower financing costs. In Q1 2017, the Company had

Net Interest-Bearing Debt to Equity ratio of 0.62x.  Subsequent Event: Gulf TS1, the second of the four SPPs to COD this year, achieved COD in July 2017 with a total contracted capacity of 130.0 MW

Baht 18.9 million. 7. Deferred tax liabilities decreased Baht 8.2 million. Total shareholder’s equity As of 31 December 2018, the company and its subsidiaries have the total shareholder’s equity valued

Baht 115.3 million. 7. Deferred tax liabilities increased Baht 8.4 million. Total shareholder’s equity As of 31 December 2019, the company and its subsidiaries have the total shareholder’s equity valued

increased Baht 51.5 million. Total shareholder’s equity As of 30 June 2017, the company and its subsidiaries have the total shareholder’s equity valued Baht 8,423.7 million, as compared to the 2016, Baht

obligations increased Baht 52.3 million. 7. Deferred tax liabilities increased Baht 10.5 million. Total shareholder’s equity As of 30 September 2017, the company and its subsidiaries have the total