description of the assumptions upon which the issuer has based its forecast. D. Off-Balance Sheet Arrangements Disclose all material off-balance sheet arrangements that have, or are reasonably likely to have, a

investors to make a decision or review the decision made based on the information that is complete, accurate, true and not misleading. Clause 14 The SEC Office is empowered to grant a waiver for disclosure of

for GPSC to grow with the company’s expertise in operating power and utility producing and distribution. Furthermore, GPSC relentlessly seeks for new investments in domestic and international arena with

."'+3 S(' large market capitalization = +10% #%.' SET 50 3."'+3 S' large market capitalization/ # !. +,$R&. ' SET 50 3."'+3 S' large market capitalization = + 8% #%# !. +,$R& index / broad-based basket

Depreciation and writing off bad debt and doubtful accounts Income tax to be written off (Gain) Loss from regulation of securities (Gain) Loss from assets distribution (Gain) Loss from foreign currencies

securities (Gain) Loss from assets distribution (Gain) Loss from foreign currencies exchange Earnings from operation before change in operating assets and liabilities Operating assets (increase) decrease Long

off (Gain) Loss from regulation of securities (Gain) Loss from assets distribution (Gain) Loss from foreign currencies exchange Earnings from operation before change in operating assets and liabilities

& Trading Business Group 11 Marketing Business Group 13 Power Plant Business Group 14 Bio-Based Products Business Group 16 Natural Resources Business Group 18 Statement of Financial Position 20 Cash Flows

energy usage to deliver reliable output to customers. The acquisition of GLOW will build up network of utility production and distribution which will enhance reliability and stability of the system

PowerPoint Presentation MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3/2018 GLOBAL POWER SYNERGY PUBLIC COMPANY LIMITED 0 THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q3/2018 Executive Summary Executive Summary For Q3/2018, Global Power Synergy Public Company Limited (GPSC) (“the company”) earned a net profit of Baht 899 million, decreased by Baht 153 million or 15% from Q2/2018. The drop was due to the rise in natural gas prices...