compared to total shareholders’ equity as of December 31, 2016. (4) Cash flows (Company and Subsidiaries) Unit : Million Baht nine-month period Million Baht 2017 2016 Cash and Cash Equivalent on 1st January

). The Company will invest 50% of share. Expected to set up the new company registration within 2nd quarter 2019 4. Source of funds: Cash flows from operating activities without any effect on liquidity. 5

baht or 1.6 percent compared to total shareholders’ equity as of December 31, 2017. (4) Cash flows (Company and Subsidiaries) Million Baht six-month period 2018 2017 Cash and Cash Equivalent on 1st

baht, increased 113.3 million baht or 8.5 percent compared to total shareholders’ equity as of December 31, 2017. 3 (4) Cash flows (Company and Subsidiaries) (4.1) Cash Flows from Operating Activities

footprint and leverage the financial and commercial skills of IVL to create shareholder value. The transaction is funded by IVL’s internal cash flows and debt financing only and does not necessitate any

to include the bond issuer’s obligation to allocate cash flows received from certain transactions towards the pro rata repayment of the bonds. The SEC requires that the bondholders’ representative

as at 31 March 2018 Page 2 of 3 T.K.S. TECHNOLOGIES Statements of Financial Position and Cash Flows (con’t) Shareholders’ Equity of company at end of March 2018 represented of THB 2,547 mil., increased

from the Company’s profit 45.6 MB and profit from operation 92.8 MB of this year.  Cash Flow Based on the results for Q3/2019, the company’s cash flow is as follows: - Net cash flows from operating

2017, which was 2.0: 1. The increase was due to the increase of current liabilities, the dividend payment to the shareholders and the share repurchase of the subsidiary. Liquidity Cash flows Unit

increase of current liabilities, the dividend payment to the shareholders and the share repurchase of the subsidiary. Liquidity Cash flows Unit: Million Baht Q3’ 2018 Q3’ 2017 Cash flows from (used in