to the changes in the following items: - Property, plant and equipment were 15,891.38 million Baht, increased by 630.43 million Baht mainly from progress of construction including clarified water

Baht, increased by 915.82 million Baht or 4.32% from the end of the year 2019 due to the changes in the following items: - Property, plant and equipment were 15,708.47 million Baht, increased by 447.52

) Interest bearing debt to equity ratio 1.21 1.03 Debt to equity ratio 1.35 1.16 Assets As of March 31, 2020, the Company and its subsidiaries had total assets of Baht 8,884.56 million increased from Baht

market. In addition, there were records of the doubtful debt of the long trade receivables, the employee expenses such as bonus and the provision for penalty on project delay. Therefore, comparing the

receivables 968 23.6% 826 18.9% Property, plant and equipment 613 14.9% 799 18.2% Goodwill and Intangible assets 707 17.2% 705 16.1% Other assets 1,166 28.4% 1,253 28.7% Total assets 4,107 100.0% 4,380 100.0

deposits 7.42 20.79 (13.37) (64.32) Property, plant and equipment 368.07 357.14 10.94 3.06 Intangible assets 11.52 11.65 (0.13) (1.13) Retention receivables 37.98 37.25 0.73 1.95 Withholding tax deducted at

% Trade & other receivables 710 17.8% 875 18.2% Property, plant and equipment 613 15.4% 945 19.7% Goodwill and Intangible assets 1,055 26.5% 1,160 24.1% Other assets 947 23.8% 1,002 20.9% Total assets 3,978

staff, utility expenses, and depreciation of property, plant, and equipment in the back office. 43 33 Q1/20 Q1/21 19.5% 18.2% • Administrative expenses in Q1/2021 was THB 33 million, decreased by THB 10

Samui Airport Property Fund during this period. Unit: million baht January-March 2020 2019 Variance Amount % WFS-PG Cargo Company Limited 36.7 87.2 (50.5) (57.9) Samui Airport Property Fund 93.5 110.8

with those given under the Notification of the Securities and Exchange Commission Re: Determination of Definitions in Notifications relating to Issuance and Offer for Sale of Debt Securities. "short-term