businesses. • Long-term borrowings from financial institutions rose by Baht 313.69 million due to the last drawdown of solar energy. Equity of the group increased by Baht 585.56 million, mostly attributable to

% Source : Iron and Steel Institiute of Thailand, by Steel Business Intelligence Bar & Section, 26.93% Wire rod, 9.66% Other Long Products, 0.23% Seamless pipe, 0.94% HR Plate (Thickness > 3.0 mm), 3.60% HR

payables 482 323 +49% Current portion of long-term liabilities 128 7 +1718% Current portion of liabilities under financial lease agreements 40 33 +20% Other non-current liabilities 345 416 -17% Total Current

Discussion and Analysis | 5 Note : (1) Reference Price of ICIS (2) Average price of Fatty Alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian

during this year, however the Company has issued B/E and P/N (net) totaling of THB 640.0 mm. 2. Long-term financial institutions loans repayment (net) of THB 6,484.5 mm, resulting from loan repayment of

-term loan of Baht 293 million, decrease in current portion of long-term loan due within one year of Baht 100 million, decrease in financial lease liabilities of Baht 1.35 million and decrease in current

5 : %+& ,,&"-&( 1. ./ 9%2 +,/%&'&)6/ :+ +6 9 9%2 + 28 &)6// '&' 9K8 ,/%&' 9%29@2%V,+&K,/%&' 9&) 1 &) 2 K8 1j &) R 9%29@22' (nominal value) . , / long %?'%?9%2=+2/%? ' @ >?'1

comprising of current liabilities of THB 2,883.74 million (52.37% of total liabilities), long-term loans of THB 1,960.00 million (35.59% of total liabilities), provision for employees benefit of THB 530. 06

Leasehold Real Estate Investment Trust (DREIT) in the same proportion of the current holding with objective to generate the long-term continuing return. The Annual General Meeting of shareholders also

compromise agreement in current liabilities is reclassified to Non- current liabilities instead • Other payables and accrued expenses decreased Baht 88 million • Long-term loan from related party decreased