requires cash flow for debt repayment and for business operation, because the Company, in the past, has continuous loss in operating results. Thus, the Company considers the business restructuring of the

(0.23) Cash Increase (Decrease) – Net 13.25 3.30 Cash at the Beginning of the Period 20.31 23.83 Cash at the Ending of the Period 33.57 27.13 CFROE = Cash Flow Return on Equity Increase (Decrease

Ending of the Period 27.13 64.31 CFROE = Cash Flow Return on Equity Increase (Decrease) (%) 52.88% 42.68% The Corporate Group’s net cash from operating activities in the 1st Quarter 2018 was Baht 274.97

Ending of the Period 24.66 70.38 CFROE = Cash Flow Return on Equity Increase (Decrease) (%) 34.75% 42.28% The Corporate Group’s net cash from operating activities in the 2nd Quarter 2018 was Baht 362.65

Champasak district, Lao PDR, of Xepian Xe-Namnoy Power Company Limited (“PNPC”), a joint venture which the Company holds 25 percent stake, collapsed. The Saddle Dam fractured which caused the water to flow to

18.43 35.38 Cash at the Beginning of the Period 23.83 20.59 Cash at the Ending of the Period 42.26 55.97 CFROE = Cash Flow Return on Equity Increase (Decrease) (%) 26.36% 42.28% The Corporate Group’s net

cash flow for debt repayment and business operation, as the Company has continuous Enclosure Page 4 loss. Thus, the Company considers the business restructure of the Company’s group, whereby the Company

during the period THB -44.2 Mn. Cash Flow Analysis Type of Cash Flow 1st Quarter 2019 2020 THB Mn THB Mn Net Cash from (used in) Operating Activities 24.3 (50.7) Net Cash from (used in) Investing

= Cash Flow Return on Equity Increase (Decrease) (%) 49.23% 46.60% The Corporate Group’s net cash from operating activities in the 1st Quarter 2020 was Baht 291.08 million, which was higher than the net

International Disclosure Standards for Cross-border Offerings and Initial Listings by Foreign Issuers (“IOSCO Standards) เปนหลัก โดยแตละประเทศไดกําหนดรายละเอียดสวนเพิ่ม (Plus Standards) ในบางเรื่องเทาที่