the same period of last year. This is consistent with the decreased profit. 4 Financial position Assets Unit: Million Baht 30 September 2019 31 December 2018 Increase (decrease) % Variance Current

100.0% Total assets Total current assets Total non-current assets Trade and other receivables AGING OF TRADE RECEIVABLES (THB mn) 31 MARCH 2019 (Restated) 31 DECEMBER 2019 LIABILITIES AND SHAREHOLDERS

its investment in biomass powerplants to account for non-current assets held for sale. UWC plan to reinvest the proceeds in a higher return business to accommodate growth and streamline the company’s

and maintenance than projected, UWC considered to divest it’s investment in biomass powerplants resulting in reclassification of its investment in biomass power plants to account for non-current assets

Analysis Unit : MB As at As at Change 31 March 2020 31 December 2019 MB % Cash and cash equivalents 172.37 61.33 111.04 181.04 Current investment - 136.65 (136.65) (100.00) Inventories 521.33 518.18 3.15

NMG current and former executives/directors for manipulating the company’s income statement financial statements via the Electronic Information Transmission System of the Stock Exchange of Thailand (SET

The SEC has reviewed the regulations related to private fund management services to be aligned with international standards and be suitable for the current service models where some asset management

be a proper way for IFEC to deal with the current situation so that shareholders who are the real owners of the company will have an opportunity to select candidates they deem suitable to become new

are some issues inconsistent with the generally accepted accounting standards, as follows:          1. NIPPON has not recorded liabilities on promissory notes and current account with a local bank

due to the Company has adopted its functional currency to be USD since beginning of year 2019 in order to better fit the Company’s recent operation and that the impacts derived from the materials