characteristics to other existing debt securities, except for their core objective of financing projects that contribute to environmental conservation and/or social development. These products therefore are not

debt in sustaining the net capital**. Moreover, the proposed amendment included a review of the risk haircut rates used in calculating the net capital adequacy in alignment with the current conditions

-current liabilities is long-term debt and liability under finance lease net from the long term debt due date within one year is THB 43.2 MB and THB 29.0 MB respectively or equivalent to 13.9% and 8.4% of

long- term debt and liability under finance lease net from the long term debt due date within one year is THB 43. 2 MB and THB 24. 3 MB respectively or equivalent to 13. 9% and 4. 9% of the total

1.0 0.9 Trade receivable 16,579 4.7% 15,219 4.3% Net debt to EBITDA (times) 0.9 0.9 0.8 Inventories 2,372 0.7% 2,104 0.6% Net debt & lease liability & Spectrum license payable to EBITDA 2.1 2.3 2.2

interest in engaging in the debt restructuring of both G Steel Public Company Limited (“GSTEL”) and G J Steel Public Company Limited (the “Company”), on May 26, 2017, the Company executed a memorandum of

. Another factor that contributed to the lower revenue was B100 sales volume which declined by 6 million liters (-9%) resulted from the government announcement to the change in portion of B100 mixed in Diesel

with Diesel product was at 7%, compared to 5% in the previous quarter (on the 8th of May, 2017 an announcement mandated the mixture change from 5% to 7%) 3. Average selling price of B100 product

-measurement of employee benefit obligation amounted Baht 3.76 million. Ocean Glass Public Company Limited Page 4/ 6 Management’s Discussion and Analysis Ocean Glass Public Company Limited Management’s

receivable has increased in line with revenue increase. Liabilities as of 31 December 2017 substantially decreased mainly from the repayment of debt owed to financial institutions. The repayment was from IPO