Equity is, Q3/2017 3 million ba se cost incu fit for the 3 3rd quarter increased pping mall p penses d administra s 68.6% hig inistrative e ar. Most of i ect both sh ent expansio ent of Posit As of 30 S MB

inventories taking into the account fluctuations of price or cost directly related to events occurring after the end of the period and movements of inventories and the prevailing economic condition. Management

* Excludes foreign exchange rate effects and gain on equity interest in an associate] Sales Revenue Consolidated sales revenue in Baht terms declined slightly to Bt3,113.9 million in 1Q19, representing a

to events occurring after the end of the period and movements of inventories and the prevailing economic condition. Management believed that the reduce cost to net realisable value is adequate in the

price or cost directly related to events occurring after the end of the period and movements of inventories and the prevailing economic condition. Management believes that the reduce cost to net

occurring after the end of the period and movements of inventories and the prevailing economic condition. Management believed that the reduce cost to net realisable value is adequate in the current

Lime Public Company Limited 6 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 DECEMBER 2019 3.2. Assets, Liabilities & Shareholders’ Equity Current assets have decreased largely due to reduced

shareholders’ equity amounted to Baht 30,330 Million, representing an increase by Baht 547 Million or 1.8 percent when compared to the end of the year 2016. Cash Flows For the nine months of the year 2017, the

further BOI tax optimization. Net income was slightly down year-on-year given the higher depreciation and financing cost, despite the improvement in EBITDA 3.2. Assets, Liabilities & Shareholders’ Equity

& Shareholders’ Equity Current assets have decreased largely due to reduced inventory predominantly fuel as it is used in production. Non-current assets have decreased in line with depreciation with no major