-68.42% Operating results for each business segment are shown below: 1. Manufacturing and Selling of Special Cutting Tools unit: THB million 2019 2018 Change (THB million) Change (%) Revenue from External
recognized the revenue by completed segment but not yet completed which those reached the invoice. As a consequence, trade receivables decreased, resulting in an increase unbilled receivables. Unbilled
-74.72% Operating results for each business segment are shown below: 1. Manufacturing and Selling of Special Cutting Tools unit: THB million 2019 2018 Change (THB million) Change (%) Revenue from External
completed segment but not yet completed which those reached the invoice. As the result, Unbilled Receivables increased. The loan to related parties decreased 18.0 MB or 100% due to repayment of loans during
elimination of intra-company (or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Core EBITDA is Reported EBITDA less
based upon elimination of intra-company (or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to holding segment 3Core EBITDA is Reported
Huntsman assets. 1Consolidated financials are based upon elimination of intra-company or intra-business segment) transactions 2Total of each segment may not always tally with consolidated financials due to
: Acquisitions Announced but not Yet Completed Acquisition Strategic Rationale Timelines DuPont Teijin Films Attractive HVA BOPET film segment Strategic fit with synergies and value creation potential Strong
the next few years, based on investments already made (announced and/or completed), this segment is poised to be one of the highest growth areas in terms of its EBITDA contribution to IVL. 4. Packaging
basis points lower in 4Q19. The acquisition of Huntsman EO & PO assets was completed on January 3rd 2020. This is IVL’s largest and most strategic acquisition to date and is a key element of the portfolio