for operations. - Trade and other payables increased by Baht 24.58 million, because the Company order packages and raw materials for manufacturing to customer. - Liabilities under financial lease

-month period. 2. Analysis of financial status as at 30 June 2022 (Unit: Million Baht) Assets 30 Jun. 2022 % 31 Dec. 2021 % Trade and other receivables 546.57 27% 476.68 24% Inventories 171.36 9% 152.25 8

operation. (Unit: Million Baht) Liabilities 30 Sep. 2019 % 31 Dec. 2018 % Bank overdrafts and short-term loan 58.00 8% 10.00 2% Trade and other payables 140.89 19% 112.49 18% Liabilities under financial lease

Dec. 2019 % Bank overdrafts and short-term loan 113.00 10% 83.00 10% Trade and other payables 299.67 27% 210.54 25% Liabilities under financial lease agreement 278.31 25% 113.87 14% Long – term loan

30 June 2019 % 31 December 2018 % Bank overdrafts and short-term loan 40.00 5% 10.00 2% Trade and other payables 174.31 22% 112.49 18% Liabilities under financial lease agreement 102.54 13% 119.75 20

trade receivables, other receivables, prepaid cost of software license which is recorded in accordance with the nature of the business. The key item of Non Current Assets show on the financial statement

loss on exchange rate from trade payable. FINANCIAL PERFORMANCE 7 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis FINANCE COST AND TAX ABBREVIATION & OUR PROJECTSEXECUTIVE

126.71 percent as a result of the company having more revenue. The cost increases proportionately. When the cost increases, therefore increasing trade accounts payable in the financial statements Page 5 of

- 700.0 100.0 Trade and Other Payables 524.9 642.8 (117.9) (18.3) Unbilled payables 552.0 482.6 69.4 14.3 Current portion of liabilities under financial arrangement agreements 46.3 29.1 17.2 59.1 Income tax

liabilities of THB 169.07 million, falling at a rate of 57.02% from the end of last year. Total liabilities declined as a result of the decrease in loans from financial institutions, trade payables and other