elimination of Intra-company 3Core EBITDA is Reported EBITDA less Inventory gains/(losses) Indorama Ventures 2018 MD&A 13 Figure 1: Regional Performance 2018 Performance Analysis Integrated PET (PX, PTA, PET

same period last year. This figure shows that the Company significantly cut on sales expenses from the previous year according to the drop in sales revenue. However, sales expenses to sales revenue ratio

Balance Sheet Assets Liabilities Capital Technology Market Financial Impact Figure 1 Climate-Related risks, opportunities, and financial impact Impact Transition Policy and Legal Physical Reputation Acute

heteroskedasticity test finds that the p values of F-statistics have the figure less than 0.05. • The test for autocorrelation The DW statistic of the model shows some concern of positive autocorrelation; however

14 Table 11 IVL Consolidated Statement of Financial Position 15 List of Figures Figure 1 Repayment Schedule of Long Term Debt 13 12 Table 5: Segment Results (Old segment) * IRSL 2nd quarter numbers

Joint Ventures Performance 11 Table 9 IVL Consolidated Statement of Income 12 Table 10 IVL Consolidated Statement of Financial Position 13 List of Figures Figure 1 Repayment Schedule of Long Term Debt 11

7 IVL Consolidated Statement of Income 13 Table 8 IVL Consolidated Statement of Financial Position 14 List of Figures Figure 1 Repayment Schedule of Long Term Debt 12 Indorama Ventures 2nd Quarter

Cash Flow Statement 10 Table 6 Debt Profile 11 Table 7 IVL Consolidated Statement of Income 12 Table 8 IVL Consolidated Statement of Financial Position 13 List of Figures Figure 1 Repayment Schedule of

SLCP - short-lived climate pollutant TCFD - Task Force on Climate-related Financial Disclosures WEEE - waste electrical and electronic equipment List of Tables and Figures Figure 1: Municipal waste and

B86.8 million from last year. The total expenditure was B566 million, lower than the projected budget by B103.2 million. However, in comparison with the expenditure of the previous year, the 2007 figure