primarily due to 1) an increase in the differences between the price paid by the company and the targeted company’s book value of THB 487mn after the acquisition of Trans.Ad Group and GSG, and 2) an increase

in) financing activities (159) 311 (151%) Exchange differences on translating financial statements (2) (1) (229%) Net increase (decrease) in cash and cash equivalents (21) (17) (21%) Cash and cash

differences decreased the equity in the amount of Baht 603.31 million; in addition, fair value changes in investment in EDL-Generation Public Company decreased the equity in the amount of Baht 151.18 million

Other components of equity decreased in the amount of Baht 1,144.07 million. The main reason was, currency translation differences decreased the equity in the amount of Baht 937.61 million; in addition

differences between the price paid by the Company and the targeted company’s book value of THB 282mn after the acquisition of COMASS. Trade and other receivables were THB 345mn, an increase of THB 69mn or 25.1

currency translation differences, decreasing the equity in the amount of Baht 1,295.02 million. Additionally, change in fair value of the investment in EDL-Generation Public Company decreased the equity in

(2,326) (5,146) -54.80 Deferred Tax: -Tax income(expense) movement in temporary differences (1,830) 374 -589.30 Tax income (expense) recognized in profit or loss (4,156) (4,772) -12.91 5. Commitments and

(100%) Reversal of provision differences from debt restructuring - 765 (100%) Net foreign exchange gains 197 1,245 (532%) Gain from debt restructuring - 749 (100%) Other incomes 179 128 29% Total income

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 2nd quarter ended June 30th, 2019 Management Discussion and Analysis of Business Operation for Q2/2019 Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 22 25 27 29 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products 20 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environm...

the amount of Baht 2,028.21 million. The main reasons were, currency translation differences decrease equity in the amount of Baht 898.30 million; the cash flow hedge reserve decreased equity in the