230,062 1.80 TISCO Bank 285,305 1.42 218,433 1.56 228,608 1.79 Land and Houses Bank 230,548 1.15 165,018 1.18 151,569 1.19 ICBC (Thai) 215,797 1.07 129,823 0.93 110,246 0.86 Standard Chartered Bank (Thai

, adding the Company’s Equity MW under operation to 521 MW ended 2018. • Finance costs decreased by 27.0%, mainly from significant decrease in cost of fund as a result of the issuance of debentures with

Thai Financial Reporting Standard 15 (TFRS 15) regarding revenue from contracts with customers for the first time which is effective since 1 January 2019. Table 1 : Sales Revenue by Product Line for the

required Debt to Equity ratio due to the MRTA is fully responsible for the loan repayment according to the concession agreement. Overview Operational Results In the year 2017, the Company had the net profit

statement as follow: Asset: Investments in associated company declined THB 54 million Shareholder’s equity: Retained Earnings declined THB 38 million None controlling interest declined THB 16 million  During

and the Diplomat 39 which is a project purchased for sale • Net debt to Equity ratio2 as of 31 March 2019 equals 0.84 times Changes in accounting policy and reclassification in 1Q/19 During the three

adversely affected by the compliance with the new Thai Financial Reporting Standard 15 (TFRS 15) regarding revenue from contracts with customers for the first time which is effective since 1 January 2019

(6.30) 5.69 (11.99) (210.72%) Profit Sharing for the Year - The Company’s Equity (6.33) 5.30 (11.63) (219.43%) - Non-controlling Interest 0.23 0.39 (0.16) (41.03%) Total Revenues (Revenues from sales and

were made on 2017 financial statement, affecting the statement of financial positions as follow: Asset: Investment in associated companies decreased THB 242 million Shareholders’ Equity: Retained

from that, the Company was adversely affected by the compliance with the new Thai Financial Reporting Standard 15 (TFRS 15) regarding revenue from contracts with customers for the first time which is