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

, Cash equivalents and current investments 116.94 89.68 (27.26) (23.31%) Trade and other accounts receivable 1,816.20 1,789.81 (26.39) (1.45%) Other current financial assets 0.16 600.62 600.46 375,287.50

profit in Q1/2020. 8. LIQUIDITY ANALYSIS AND FUNDING ADEQUACY In Q1/2020, the company had beginning cash and cash equivalents of 58.21 million Baht, whereby during the financial period, net cash was

equity is 0.42 times. December 31, 2019 March 31, 2020 Change (THB million) (THB million) (THB million) % Cash and cash equivalents 3,591.6 3,543.1 (48.5) (1.4%) Total current assets 5,126.6 5,635.2 508.6

the year 2019 equal to 2,701.7 million baht or 13.3%. The majority of assets increased were current assets are cash and cash equivalents increased. And increased investment properties. And increased

equivalents 270.16 13.77% 211.33 9.98% Financial Assets (Short-term investment) 83.70 4.27% 107.03 5.05% Account receivable, trade and others 458.26 23.36% 542.31 25.60% Inventories 493.23 25.14% 588.75 27.79

Baht -44.93 million. 5 (Unit: Baht million) Consolidated balance sheets As at 30th Sept 2019 As at 31st Mar 2019 Amount % Amount % Assets Current Assets Cash and cash equivalents 290.57 12.83% 314.32