importance on supporting functions, which are in harmony with our business directions that focus on effective, timely and proactive integrated risk management (IRM), internal operation efficiency, maximized

position for the year 2017 with those of 2016. This report discusses principal changes in the unaudited consolidated financial statements. Overall market environment The Thai economy in 2017 showed clear

position for the year 2017 with those of 2016. This report discusses principal changes in the audited consolidated financial statements. Overall market environment The Thai economy in 2017 showed clear signs

lower transfers of condominium units, and decline in hotel revenue based on market conditions. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial

in net investments (including net investments in associates). Capital Reserves and Capital Adequacy Ratio Consolidated Million Baht Item Capital Capital Adequacy Ratio June 2018 March 2018 December

effective date of the registration statement, - financial highlights of the income guarantor summarized from the financial statements or the consolidated financial statements of the income guarantor for the

or 16.5 percent in net investments (including net investments in associates). Capital Reserves and Capital Adequacy Ratio Consolidated Million Baht Item Capital Capital Adequacy Ratio March 2018

domestic retail properties stood at 92%. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial Results: 2Q19 Major Events Performance Business Plan

interbank and money market assets. V2 13/11/61 17:55 น. 14 Capital Reserves and Capital Adequacy Ratio Consolidated Million Baht Item Capital Capital Adequacy Ratio September 2018 June 2018 December 2017

Analysis (MD&A) Consolidated Financial Results: 3Q19 Major Events Performance Business Plan Document Quick Link Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 2 of 16