investments were in government and state-enterprise securities. As of June 30, 2017, these amounted to Baht 277.9 billion, accounting for 54.0 percent of total investments. Foreign debt securities were Baht

493,908 514,825 546,614 (4.1)% (9.6)% Most of the net investments were in government and state-enterprise securities. As of September 30, 2017, these amounted to Baht 246.1 billion, accounting for 49.8

sub-lease agreement and the variable portion based on the number of departing/arriving passengers from and to Samui Airport. However, in 2013, the Company had revised its accounting policy regarding the

expressed its interest in providing the assistance for the debt restructuring of the Company and started conducting legal, accounting and financial due diligence. SSG Group found that the due diligence

: Kinpo Group Management Service Co., Ltd. 3. Ordinary form of transaction Kinpo Group Management Service Co., Ltd. provides Consultant Service for accounting, finance and tax planning to Cal-Comp

position of manager or equivalent in accounting or finance departments; “controlling person” means a shareholder or any other person who by behavior has an influence over policy making, management or

under Thai Accounting Standards Table 7: Cash Flow Statement Quarterly Last Twelve months $million (except where stated otherwise) 1Q19 4Q18 1Q18 1Q19 YoY LTM 1Q19 LTM 1Q18 LTM YoY Core EBITDA 304 318 326

accounted for on completion of any acquisition under Thai Accounting Standards Table 7: Cash Flow Statement Quarterly Last Twelve months $million (except where stated otherwise) 1Q19 4Q18 1Q18 1Q19 YoY LTM

30 million in Q1’2019), primarily due to 1) change in accounting method for BGYSP earnings contribution from equity method to consolidation method after raising stake from 49% to 100% in Q3’2018 and 2

)% *Core Financials exclude IRSL 1 A gain on bargain purchase needs to be accounted for on completion of any acquisition under Thai Accounting Standards Table 6 :Cash Flow Statement Quarterly Last Twelve