18,422 6.3% 22,037 7.6% 2021 1,776 12,079 3,128 7,565 ST loan & CP of LT loans 17,104 5.9% 24,872 8.6% 2022 - 13,440 - 7,565 Accrued R/S expense 5,362 1.8% 5,248 1.8% 2023 7,820 6,883 - 7,565 Others 31,877

59,574 ST loan & CP of LT loans 17,104 5.9% 11,206 3.8% 2021 1,776 12,079 3,128 - Accrued R/S expense 5,362 1.8% 5,362 1.8% 2022 - 13,440 - - Others 31,877 11% 44,093 15% 2023 7,820 6,550 - - Current

- 4,020 ST loan & CP of LT loans 9,575 3.4% 10,423 3.7% 2020 - 24,829 - 59,574 Accrued R/S expense 5,362 1.9% 5,362 1.9% 2021 1,776 12,079 - - Others 39,977 14% 39,394 14% 2022 - 13,290 - - Current

7,789 3,364 - 4,020 ST loan & CP of LT loans 9,575 3.4% 19,319 6.6% 2020 - 24,829 3,128 59,574 Accrued R/S expense 5,362 1.9% 5,362 1.8% 2021 1,776 12,079 3,128 - Others 39,977 14% 39,017 13.4% 2022

- 24,829 3,128 59,574 ST loan & CP of LT loans 9,575 3.4% 17,104 5.9% 2021 1,776 12,079 3,128 - Accrued R/S expense 5,362 1.9% 5,362 1.8% 2022 - 13,440 - - Others 39,977 14% 31,877 11% 2023 7,820 6,550

175 million due to decreased electricity sales volume to EGAT and steam by 10.5% and 6.6%, respectively. Nonetheless, electricity sale volume to industrial customers increased by 2%. Revenue of IRPC-CP

financial statements of foreign operations rose by Baht 3,180 million due to the Baht’s appreciation. Contingent Liabilities Million Baht Item December 2018 September 2018 December 2017 Change (%) September

. The downside was mainly stemmed from the impact of export contraction affected by the global economic slowdown, prolonged US-China trade tension and the Baht appreciation. As for economic outlook in

encourage domestic capital outflows. At the end of 2019, the Thai baht was 30.15 to the US dollar, an appreciation of 7.1 percent from the end of 2018. Global financial markets experienced volatility amid the

and according to target. In 2019, Thai economy has decelerated with GDP reported at 2.4% decreased from 4.1% in 2018 as a result of declining in export growth and Baht appreciation. The world-trade