million which was due to net loss on foreign exchange, loss on disposal of assets, and one-time increase in provision for retirement benefits. Central Retail Corporation Public Company Limited Page 7

phasing of advertising and promotion activities implemented to support growth of existing brands and new products launches domestically and internationally, together with the impact of additional provision

there were provision for assets of subsidiaries set up in 2018 amounting to Baht 28.9 million and reversed loss of impairment of land amounting to Baht 16.2 million. No significant change in

provision for employee benefits increased Baht 0.1 million.  Administrative expenses The Group’s administrative expenses were 181 million Baht, increase of 6 million Baht from the previous year, or 3.5

Loan from financial institutions Baht 1,765 million and Provision for Liabilities from the water business amounted Baht 340.5 million. Shareholders’ Equity As of 31 December 2019, Total Shareholders

provision (284) (584) (525) 85% -10% Depreciation (96) (111) (110) 15% -0.9% Operating profit 9,436 8,279 10,327 9.4% 25% Net foreign exchange gain (loss) 25 6 150 496% 2395% Other income (expense) 117 114

mainly comprising depreciation and amortization of Baht 278 Baht, financial costs of Baht 46 million, unrealized loss from FX and derivative of Baht 40 million, NRV of Baht 19 million, provision for

financing facilities resulting in a write-off of deferred financing fee and a payment of prepayment fee in the amount of Baht 230 million and a provision of obsolete inventory in the amount of Baht 27 million

liabilities 641.00 27.59% 624.35 27.49% Non-current liabilities Provision for employee benefit 33.03 1.42% 31.07 1.36% Total non-current liabilities 33.03 1.42% 31.07 1.36% TOTAL LIABILITIES 674.03 29.01

share e provision posal of Asse actions of the ng into dispo s. f asset transa umber of sh excluding Asset Dispos Business Re a independen actions and rd of Directo 1/2018 on 2 Bangna-Trad elow, and ap e