of December 31, 2016 to Baht 80,710 million as of June 30, 2017, due to an increase in cash and cash equivalents, an increase in property, plant and equipment, and an increase in intangible assets

the proceeds of initial public offering after deducting the repayment of loans from commercial banks. and (2) an increase of property plants and equipment which was related to the branch expansion

asset and led to strong occupancy rate and a gradual increase in effective rents of Suntowers. Commercial Property: Operation Statistics Operation statistics 4Q16 3Q17 4Q17 FY2016 FY2017 Suntowers 1 Net

property development and an increase in Investment in joint-venture. Likewise, total liabilities grew by Bt5,598mn, or 37% from end of FY2016. This was a compound effect of the following transactions: a

given the new kiln was not activated. 3.2. Assets, Liabilities & Shareholders’ Equity The main contributors to the increase in total assets are from an increase in property, plant and equipment due to

, Liabilities & Shareholders’ Equity Similar to comments made in Q2 the main contributors to the increase in total assets are from an increase in property, plant and equipment due to Hua Pha Way Kiln 7 being

1,159.4 mm mainly due to adoption of new accounting standard (TFRS 15) reflecting Gheco-One. 3. Increase in property, plant and equipment of THB 723.6 mm mainly due to the expansion in solar business. 4

increase of 7.6% or THB 160mn primarily due to an increase in property, plant and equipment of THB 187mn mainly from the renovation of Street Furniture media. However, this was partially offset by the

costs and lower EBIT as depreciation also increased by 3.7mTHB. 3.2. Assets, Liabilities & Shareholders’ Equity The main contributors to the increase in total assets are from an increase in property

contributors to the increase in total assets are from an increase in property, plant and equipment due to Hua Pha Way Kiln 7 being activated and the additional assets from the Saraburi Quicklime acquisition. On