. 9 3. FINANCIAL POSITION 3.1) Statements of Financial Position 31 Dec 2016 30 Jun 2017 % change 30 Jun 2017 (Illustration) million Baht million Baht % million Baht Cash and cash equivalents 8,322 9,287

-current assets 15,620 16,060 (3%) Total assets 17,482 17,813 (2%) Table 5: Condensed Statement of Financial Position Management’s Discussion and Analysis (MD&A) For Q2/2017 15 Unit : Million Baht 30 June

5: Condensed Consolidated Statement of Financial Position "# $ !%&!'() + 2/2560 GSteel 15 Unit : Million Baht 30 June 2017 31 December 2016 % Increase (Decrease) Liabilities and equity Current

increasing the financial liquidity as well as strengthening the financial position of the Company. Further, the Company will be able to manage its cash flow more efficiently, as well as carry on its business

772,500 19.3125 6. Mrs. Ticomporn Losiri 50,000 1.2500 7. Mrs. Tichakorn Chaiaeim 10,000 0.2500 Total 4,000,000 100.0000 3. List of VAVA's director Name Position Mr. Veerachart Losiri Director, Authorized

company has invested to improve the production stability for Sattahip and Borwin Waterworks. 7. Financial Position Analysis Financial Position (MB) As of 31 Dec 2016 As of 30 Sep 2017 YoY % Total Assets

for the Group in the year , as previously described in last year . Financial position Statement of Financial Position – Consolidated (Million Baht) As at As at % September 30, December 31, 6 Assets

Discussion and Analysis For the Year Ended December 31, 2017 Page 8 3. Analysis of Statements of Financial Position 3.1 Analysis of Assets As at December 31, 2017, the total assets were Baht 94,224.83 million

was appreciated from 35.9 THB/USD at the beginning of 2017 to 32.5 THB/USD at the end of the year or 10% appreciation. Nevertheless, GGC’s financial position for the year ended 2017 remains strong, with

WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 5 7. FINANCIAL POSITION ANALYSIS Financial Position (MB) As of 31 Dec 2016 As of 31 Dec 2017