impact of the global trade war. Resulting in the Company had to accelerate the management of the inventory levels to be suitable for sales volume. If comparing the inventory from the beginning to the end
(Unit: Million Baht) 2016 2015 Cash at beginning of the year 1 1 Cash flow from operating activities Income from operating activities before changes in operating assets and liabilities 5 Changes in
considered as a normal level for the business at the beginning stage launching new products into the market which requires high spending. 4. Financial Position of the Company and its Subsidiaries (Unit: Baht
was appreciated from 35.9 THB/USD at the beginning of 2017 to 32.5 THB/USD at the end of the year or 10% appreciation. Nevertheless, GGC’s financial position for the year ended 2017 remains strong, with
(3.18) 0.28 Cash Increase (Decrease) – Net 3.24 (7.82) Cash at the Beginning of the Period 20.59 28.42 Cash at the Ending of the Period 23.83 20.60 CFROE = Cash Flow Return on Equity Increase (Decrease
fifty percent of the total number of shares with voting right of such company; (c) a company holding shares of other companies in all upward levels of shareholding, beginning with the company holding
of shareholding, beginning with the company holding shares of the company under (b) and shareholding in each level exceeds fifty percent of the total number of shares with voting right of such other
Customers” which become effective for fiscal years beginning on or after 1 January 2019. The Group chooses retrospectively adjustment in the period of initial application. For statements of financial position
monetization to WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART) and HREIT in the late 2017 and the beginning of 2018 respectively, thereby reducing the leasable area. Gross