asset 4,094.43 1,198.19 Deduct intangible assets: - Goodwill - Other intangible assets - Deferred Tax Total intangible assets (490.07) (75.42) (31.76) (597.25) (34.97) (14.39) (49.35) Deduct total

intangible assets - Deferred Tax Total intangible assets (490.07) (75.42) (31.76) (597.25) (34.97) (14.39) (49.35) Deduct total liabilities (1,432.82) (618.21) Deduct non-controlling interests (168.38) - Net

has entered into the Shareholder’s Agreement of Thai Pipeline Network Company Limited (TPN) to acquired 44.60% ownership interest. TPN operates oil transportation service business with pipeline

derived from sales of Biomass Power Plant which increased by Baht 95.6 million or 14.2% from increase in revenue from the new biomass power plants which the Group acquired in the third quarter of 2020. In

Page 1 of 4 T.K.S. TECHNOLOGIES THB million 1H18 1H17 %Chg As Reported Total Revenues 900 653 38% Company 624 653 -4% TBSP 276 - 100% 2Q18 Key Highlight On April 4, 2018, the Company had acquired the

deferred revenue. However, during the period 2019, the Company has reconsidered the remaining guarantee EBITDA and found that existing risk and reward were insignificant. The Company has therefore reversed

, acquired common shares of 3 biomass power plants in the proportion of 100 percent with the consideration paid of Baht 464.6 million. From comparison of identifiable assets acquired and liabilities assumed

of the machinery’s efficiency of the new biomass power plants which the Group acquired in the third quarter of 2020. This was led to the higher electricity unit sold. Furthermore, one of the new power

Mall Co., Ltd. On 1st July 2016, the Company acquired the business of NPP Food Service Co., Ltd. at Baht 57.27 million and the evaluating company completely evaluated the purchase price allocation (PPA

385.7 (64.1%) Net Profit 406.6 99.3 (75.6%) Normalized Total Revenue/1 3,598.1 1,399.5 (61.1%) Normalized Net Profit/2 285.0 196.5 (31.1%) Normalized Total Revenue excluding Deferred Revenue Item/3