environment resulted from freer flow of capital and ever more connected capital markets and economies.??In the past years, the SEC has put a lot of efforts to uplift professional standards and audit quality in

the project would not go as planned where investment proceeds increase while income does not, the net cash flow will be negative.  In this regard, the SEC advises CWT shareholders to carefully study the

statement of equity change of the shareholders, and the annual cash flow statement 2015 due to inefficient internal control system with regard to the cost of sales and the inventory of 2014 and insufficient

Company Limited ("IFEC"), acquired the knowledge from the Board of Directors Meetings No. 11/2016, held on 1 November 2016, that IFEC faced a problem with insufficient cash flow to pay off its

to a 20% reduction in IVL’s core EBITDA. Operating cash flow through this period increased by 33% to $1.3B, as a result of lower prices and operational excellence. IVL has proposed a dividend of

book value per share at 16.58 times and debt to equity ratio (D/E ratio) at 0.36 times. Cash Flow For the 9-month period as of June 30, 2017, the Company had the changing in cash flow comparing to the

of Capital Flow The Company will use its excess cash flow for this acquisition and still have adequate working capital for its ongoing operations. 8. Opinion of the Board of Directors on the

details relating to the Transaction to the Stock Exchange of Thailand (SET) 7. Financial Source and Adequacy of Capital Flow The Company will use its excess cash flow for this acquisition and still have

million baht. Additionally, as of September 30th, 2017, the Company had debt to equity ratio (D/E ratio) at 0.36 times. Cash Flow According to the consolidated financial statement as of September 30th, 2017

% from higher retained earnings. Cash Flow In 1H18, AIS generated Bt31,193mn of operating cash flow (after- tax) . Cash CAPEX to expand 4G and fixed broadband capacities was Bt11,265mn, or 16% of service