. Cash Flows For full year 2018, the Company had net cash used in operating activities of THB 563.8mn. The key components were the payment for 2 condominium projects purchased for sale, “the Diplomat” and

increase of THB 46.6mn. All comparisons of changes in this report are based on the adjusted accounting policy and reclassification. 1 Backlogs include only sold units with sale and purchase agreements 2

December 31, 2018. The details were summarized below: (Million Baht) Net cash from operating activities 899.48 Net cash from investing activities 2,328.99 Net cash used in financing activities (369.14

Growth: SSSG (%) (2) 9.4% -2.9% Growth of Revenue from Restaurant Business (%) 21.9% 0.7% Remark: (1) Outlets owned by the Group (2) Calculated based on total revenue from sales and service per total

significantly from 36 mTHB to 59 mTHB (+ 60%) year on year. On the downside the project-based Golden Lime Engineering subsidiary did not generate significant revenue in Q1 2018, unlike in Q1 2017 when the

remaining cash from operating activities. However, there was an increase in liabilities in respect of trade accounts creditors from purchase of raw materials. 2.3 Shareholders’ equity As at 31st March 2018

allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition. Management believed that allowance for doubtful accounts is

boost of the export activities, private consumption and tourism sector. However, the net profit margin was lowered from the increase in selling and administrative expenses while gross margin stay flat

million and Baht 51 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition

2,451 44 1.8 Selling and administrative expenses 305 312 (7) -2.2 Total expenses 2,800 2,763 37 1.3 Profit from operating activities 1,089 1,362 (273) -20.0 Finance cost 379 305 74 24.3 Interest expense