3,872.25 Deferred Tax Liabilites Increase / (Decrease) 2.82 0.70 Total Liabilities - Restated 34,784.91 37,811.27 Equity Total Equity - As Previously Reported 63,281.18 62,452.77 Retained Earnings Increase
declined despite the increase of earnings before tax. Page 3 of 4 Statement of Financial Position as of 31 December 2017 The Company and its subsidiary’s total assets as of 31 December 2017 increased by 4
value of a mines or raw material deposits to reflect reduced earnings. For example, increase capital expenditure for construction of desalination plants or roll-out of zero carbon production equipment
million from as of December 31, 2018. The main reason came from the increase of cash or cash equivalent increasing from the issuance of debentures at the amount of Baht 200 million since March 2019. 2
the risk-based argument, it is theoretically built on valuation perspective suggesting that, ceteris paribus, an increase in an earnings stream or a decrease in discount rate result in higher price. In
cash flows’ Company and its subsidiaries from the performance is THB 549 million, which increase by THB 73 million from the previous year, because of ( 1) an increase of the earnings before tax from the
million from the previous year, because an increase of the earnings before tax from the operating in the amount of THB 30.3 million (excluding the one-time profit) The Company and its subsidiaries have cash
an increase in retained earnings THB 48.18 million and dividend payment of THB 27 million. 4. Cash Flow Analysis Cash and cash equivalent increased by THB 16.38 million, consists of: Cash and cash
amounting to THB 4,028 million together with increase in retained earnings of the Company. Please be informed accordingly. Yours Sincerely, Mr. Piyawat Ratchapolsitte Chief Financial Officer
at the end of 2017, mainly driven by the increase in Retained earnings As at 31 March 2018, the Company’s Debt-to-Equity ratio was 0.66x, improved from 0.70x at the end of 2017, while the Net Interest