the debt. Subsequently, the mortgagee (debenture creditor) has claim and will prosecute the subsidiary to enforcement of mortgage, therefore the Company has mediate negotiation with the debenture

for court case claim 34,822,207 99,878,465 -187% Provision for a gurantee of subsidiary (Reversal of) - - Witholding tax write-off 933 38,896,562 -4168878% Finance costs 1,139,327,842 1,101,535,144 3

Indorama Ventures 2nd Quarter 2020 MD&A 13 Table 7: IVL Consolidated Statement of Income *2Q19 Core Financials exclude IRSL 1 As per internal classification and includes insurance claim for business

Consolidated Statement of Income 1 As per internal classification and includes insurance claim for business interruption loss of profit 2 As per internal classification and includes depreciation and amortization

creditor) has claim and will prosecute the subsidiary to enforcement of mortgage, therefore the Company has mediate negotiation with the debenture creditor and be offered to transfer the ownership of machine

claim under the contract from the service provider; (3) examining the accuracy of the contract in accordance with (2) and keep a copy of the complete and undated contract in such a way that is ready for

[i] being accused by the SEC Office or being prosecuted as a result of such accusation or [ii] imprisoned by the final judgment of a court regarding the following offences regardless of whether the

his/her rights pursuant to such un-exercised Warrants. In this respect, such employee shall not be entitled to claim any compensation from the Company. 3.6 The Warrant holders are subject to withholding

since March 31, 2017. Meanwhile, Other income was decreased as there was an insurance claim from landslide received in 2017. GPG: Unit : Million Baht 2018 2017 Change Increase (Decrease) Amount

demanding for all debt repayment. The Board of Directors issued the meeting resolution No.12/2018 dated November 9, 2018 to appoint OCAMPO & SURALVO LAW which is a legal advisor in the Philippines to claim