of goods 12,923 29,910 (57%) Net foreign exchange gains 216 105 105% Net gain from write-off the expired legal prescription of liabilities 10 119 (91%) Net gain from debt restructuring 0 1 (100

realized foreign exchange gains of Baht 135 million for the six months ended June 30, 2016 primarily arising from payment of consideration to the EPC contractor with respect to BIP2 after they became

of goods 3,276 3,278 (0%) Gain from the creditor reduce the debts 2 - 100% Net foreign exchange gains 50 16 220% Gain for debt restructuring - 7 (100%) Other income 13 10 32% Total income 3,341 3,311 1

Group’s tax base also increased. The Company also recorded a higher tax expense in the separate financial statements this quarter from capital gains from the sale of MACO’s shares, which rose substantially

restructuring 110 - 100% Net foreign exchange gains 82 59 40% (Reversal of) loss on confirmed purchase orders of undelivered of raw material 28 89 (69%) Other income 10 1 564% Total income 3,522 3,047 16

exchange gains worth 64.0 million baht, lower from 119 million baht in previous year and 348 million baht in 2015 following the recent baht appreciation. Thai baht/USD had moved in a range of 32.7 to 35.4 in

Analysis (MD&A) for year 2017 14 Appendix Unit : Million Baht For the year 2017 For the year 2016 % Increase (Decrease) Income Revenue from sale of goods 15,178,062 11,669,472 30% Net foreign exchange gains

: Million Baht For the year 2017 For the year 2016 % Increase (Decrease) Income Revenue from sale of goods 15,178 11,669 30% Net foreign exchange gains 311 54 480% Gain for debt restructuring 734 8 9419

., Ltd.’s logistic cost in accordance with increased sales volume, (4) lease payment for oil depot and land for service station expansion, and (5) office expenses. 5. Gains from crude and product oil price

to prevent the employees from using inside information they have become aware of as a result of duty performance to seek wrongful gains; (3) requiring the employees to notify the intermediary in the