licenses for water supply business. GS owned reservoir land and licenses about Notification of excavation or land reclamation, Construction license of plant at Pangha and Piping Permit to transfer water

Notification of excavation or land reclamation, Construction license of plant at Pangha and Piping Permit to transfer water supply to Phuket, while HYDRO already has received the water supply contract from

million including THB 5,413.60 million (31.10% of total assets) in current assets, THB 8,118.77 million (46.64% of total assets) in property, plant and equipment (PP&E), THB 2,627.04 million (15.09% of

Refined Glycerine Plant, which expected to commercial run in 2nd quarter of 2019. The Refined Glycerine project will add value-added to Crude Glycerine, creates more margin, and reduce ท่ีตั้ง 55/2 หมู ่8 ถ

%) Non-current assets Advance payment for purchase of property, plant and equipment 210 210 0% Property, plant and equipment 13,049 13,839 (6%) Intangible assets 6 7 (9%) Other non-current assets 340 330 3

7 Administrative expenses mainly consist of salaries of back office staff, utility expenses, and depreciation of property, plant, and equipment in the back office. 2019 vs 201812M 34 39 140 162 Q4/18

12,172 12,432 (889) (938) ,283 11,494 Work in process 14,060 10,799 (293) (320) 13,767 10,479 Raw material 8,253 8,258 (931) (1,019) 7,322 7,239 Spareparts and Plant materials 7,766 9,083 (262) (387) 7,504

receivables 818 731 +12% Inventories 968 812 +19% Other current assets 190 96 +98% Total current assets 2,013 1,731 +16% Property, plant and equipment 2,005 1,781 +13% Investments in joint venture 4 5 -27

to The Crown Property Bureau (THB 834 million), an increase in available-for-sale investments due to the changes in fair value of investments (THB 98 million), a decrease in property, plant and

plant at Pangha and Piping Permit to transfer water supply to Phuket, while HYDRO already has received the water supply contract from subdistrict administrative organization in Tambon Lhor-yoong and Saku