restated due to adjustments in fair value of capital invested in geothermal power plant project in Indonesia Performance of the first 6 months of 2019, Bangchak Corporation Plc. (“the Company”) and its

% Adjustments for - Depreciation and amortisation 895,183 925,671 (3%) Interest income (1,686) (1,830) (8%) Finance costs 576,231 535,347 8% Dividend income - (208) (100%) Unrealized loss (gain) on exchange rate

16 Unit : Million Baht Jan -Mar 2018 Cash flows from operating activities Net profit (Loss) for the period 366 Adjustments for Depreciation and amortization 217 Work roll amortisation 25 Finance costs

) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 *Other was the translation adjustments LIABILITIES AND SHAREHOLDERS’ EQUITY LIABILITIES AND EQUITY BREAKDOWN 31 DECEMBER 2017 30 JUNE 2018

/2018 15 Unit : Million Baht Jan -Jun 2018 Cash flows from operating activities Net profit (Loss) for the period (85) Adjustments for Depreciation and amortization 437 Work roll amortisation 50 Interest

(MD&A) For Q3/2018 16 Unit : Million Baht Jan - Sep 2018 Cash flows from operating activities Net profit (Loss) for the period (396) Adjustments for Depreciation and amortization 659 Work roll

operating activities Net profit (Loss) for the period (937) Adjustments for Depreciation and amortization 663 Work roll amortisation 55 Interest income (19) Finance costs 287 Unrealised gain on foreign

after 1 January 2019. The Group chooses retrospectively adjusts in the period of initial application. The adjustments are described below; 1)  Commission paid to obtain a contract - the Group has

) on disposal of assets, Gain(loss) on disposal of entities under common control, Gain on disposal of investment, and Employee benefits (7) Adjustments to earnings, net of tax The operating result for

retrospectively adjusts in the period of initial application. The adjustments are described below; 1)  Commission paid to obtain a contract - the Group has determined that commission paid to obtain a customer