customers. (Unit: Baht million) Consolidated balance sheets As at 30th June 2020 As at 31st Mar 2020 Amount % Amount % Assets Current Assets Cash and cash equivalents 228.24 12.04% 211.33 9.98% Financial

interest-bearing debt to equity is robust at 0.46 times. December 31, 2019 June 30, 2020 Change (THB million) (THB million) (THB million) % Cash and cash equivalents 3,591.6 2,779.1 (812.5) (22.6%) Total

Company Limited (“PA12”) (formerly known as “BTS Sansiri Holding Fifteen Limited”) from Sansiri JV. CASH FLOW As of 30 June 2020, cash and cash equivalents was THB 2,372mn, decreasing from THB 2,767mn at

, the company had beginning cash and cash equivalents of 58.21 million Baht, whereby during the financial period, net cash was increased by 213.56 million Baht. This comprised of the following items: 1

. 4. Cash Flow Analysis As of June 30, 2020 cash and cash equivalents were Baht 17,220 million, decreasing by Baht 3,268 million comparing to December 31, 2019. The details are as follows: Unit: Million

ทางการเงินที่สำคัญ Note: 1) Net Debt = Interest bearing liabilities – cash and cash equivalents 2) Leverage Q2 and FY use annualized EBITDA 3) ROFA = (Net profit + Depreciation)/ Average (Q2 2020 and Q4

million Baht, decreased 214.7 million Baht or 26.5% (See Table 3). Table 3: The Comparison of Current Assets between Year 2019 and 2018 (Baht 1,000) Items 2019 2018 ±% Cash and cash equivalents 172,221

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q1/2020 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q1/2020 After fully completed the acquisition of Glow Energy Public Company Limited (“GLOW”) in December 2019, the Company holds 99.83 percent of GLOW's total issued and sold shares, therefore in Q1/2020, the company recognizes the full operating results from GLOW, together with the investment projects and projects that have been opened f...

) Unrealized exchange gain (loss) of cash and cash equivalents (0.81) 0.24 Cash Increase – Net 12.85 13.25 Cash at the Beginning of the Period 31.32 20.31 Cash at the Ending of the Period 44.17 33.57 CFROE

นำคม 2563 อัตรำส่วนทำงกำรเงินที่ส ำคัญ Note: 1) Net Debt = Interest bearing liabilities – cash and cash equivalents 2) Leverage Q2 and FY use annualized EBITDA 3) ROFA = (Net profit + Depreciation