& Analysis Management Discussion & Analysis (MD&A) Q4/2018 and FY2018 Executive Summary Executive Summary For 2018, Global Power Synergy Public Company Limited (GPSC) (“the company”) earned a net profit of
4,172 47% Finance costs 1,615 1,041 991 (39%) (5%) 1,987 2,032 2% Income tax expense 30 254 284 851% 12% 76 537 611% Net foreign exchange losses (gain)2 (242) 30 5 (102%) (83%) (190) 35 (118%) Total other
) / 171,117 = 19.84% 19.84% (Not applicable in the part relating to PP1 because the PP1’s Financial Statements showed the net loss. 3. Total value of consideration Total amount paid/ total value of assets of
(1,591,877) / 171,117 = N/A 48.72% x (69,682) / 171,117 = 19.84% 19.84% (Not applicable in the part relating to PP1 because the PP1’s Financial Statements showed the net loss. 3. Total value of consideration
adjusted inventory gain/loss. Net operating debt is defined as net debt (total debt less cash and current investments) less cash outflow for the various projects underway which are not yet completed and have
Operating Debt is Net Debt (total debt less cash and current investments) less cash outflow for the various projects underway which are not yet completed and have not yet started contributing to the earnings
inventory gain/loss. Net Operating Debt is Net Debt (total debt less cash and current investments) less cash outflow for the various projects underway which are not yet completed and have not yet started