below detailed; 1. Cash and cash equivalent items decreased Baht 124.9 million. 2. Trade and other receivable increased Baht 314.3 million. 3. Revenue Department receivable increased Baht 44.7 million. 4

23,558 MTHB of the total assets, which was increased 1,962 MTHB or 9% from previous year. Details of the major changes were following: 1. As at 31 December 2019, the Company and its subsidiary had net cash

system is almost complete. Some small changes have to be made and the company has set to fully shift to ERP system at the beginning of 2018. 2. Operating Results (Company and Subsidiaries) Consolidated

Asset Management Public Company Limited Contents 1. Key Highlights in Q1/2020 2. Key Changes to Accounting Principles (TFRS 9) 3. Management Discussion and Analysis 3.1. Selected Financial Position and

2267 1900 Website: www.bam.co.th Investor Relations Email: ir@bam.co.th https://www.bam.co.th/ mailto:ir@bam.co.th Contents 1. Key Highlights in Q1/2020 2. Key Changes to Accounting Principles (TFRS 9) 3

operation before changes in operating assets and liabilities by Baht 157.3 million, increased of operating assets Baht 557.9 million and increased of operating liabilities Baht 205.0 million. 2. Net cash used

total assets, which was increased 1,717 MTHB or 9% from previous year. Details of the major changes were following: 1. As at 31 December 2018, the Company and its subsidiaries had net cash and cash

% from previous year. Details of the major changes were following: 1. As at 31 December 2017, the Company and its subsidiaries had net cash and cash equivalents amounting to 5,213 MTHB, increasing 2,005

to December 31, 2018. The significant changes in assets comprised of:  Increase in cash and cash equivalents of THB 985.00 million, causing from - proceeds from capital increase in ordinary shares net

from Operations In 2019, the revenue from operations of Company and its subsidiaries was THB 2,864.65 million which increased by THB 126.41 million or by 4.62% compared to 2018. The significant changes