shareholders of the Bank and Permata granting approval for the Transaction and the approvals of the Bank of Thailand (“BOT”) and of Otoritas Jasa Keuangan (“OJK”) of Indonesia being granted for all matters

and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 Raw water costs 47% Tap water costs 37% Rental and services

712.36 4.36 0.62% Rental and services revenue 35.65 39.14 3.49 9.78% 82.68 82.95 0.27 0.33% Construction revenue under Concession Agreements(1) 49.92 57.27 7.36 14.73% 148.34 112.60 (35.74) (24.09%) Costs

0.66% Rental and services revenue 37.99 34.80 (3.19) (8.41%) 120.67 117.75 (2.92) (2.42%) Construction revenue under Concession Agreements(1) 44.00 58.39 14.39 32.70% 192.34 170.99 (21.36) (11.10%) Costs

%) Construction revenue under Concession Agreements(1) 61.59 83.31 (21.73) (26.08%) 232.57 275.65 (43.08) (15.63%) Costs of Sales and Services 577.61 584.67 (7.06) (1.21%) 2,219.31 2,224.55 (5.24) (0.24%) Raw water

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE In

7.4 738.4 151.5 Gain from transfer of right for land purchase and sale agreements - - 312.0 1.9 312.0 100.0 Gain on disposals of investment in subsidiaries 641.1 6.4 314.8 1.9 (326.3) (50.9) Other

the Company’s managements and operations. 2) Announcement of JV agreements with Tokyo Tatemono Asia Pte Ltd. (“Tokyo Tatemono”) to jointly develop 2 luxury condominium projects in Sathorn 12 and in

3,689.6 91.9 8,837.2 82.6 5,147.7 139.5 Revenues from project management - - 1,037.4 9.7 1,037.4 100.0 Gain from transfer of right for land purchase and sale agreements - - 312.0 2.9 312.0 100.0 Gain on

) (4) Current liabilities under lease agreements 15.26 - 12.78 100 Other current liabilities 3 106.63 109.50 (2.87) (3) Non- current liabilities Liabilities under financial lease agreements - 8.20 (0.54