days of credit term The reason The Company sold the unused equipment to KPPH to reduce outstanding idle equipment and to create maximum benefits for the Company. 2nd transaction Partners of Contract
outstanding idle assets and to create maximum benefit for the Company. The total transaction size of Disposal on fixed asset is USD 978,501 (Approximately Baht 29,985,478 which is accounted to 0.05% under the
went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with
while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with high probability towards 2018 and afterwards, if China and major steel producing countries do not adequately
investment in subsidiary 8 - - Other income 52,184 17,817 66% Total income 4,993,813 9,039,512 -81% Expenses Cost of sale - Cost of goods sold 3, 4 4,636,652 8,758,030 -89% - Idle cost 247,215 - 100% - Loss on
% Other income 9 40 (359%) Total income 8,746 8,291 5% Expenses Cost of sale - Cost of goods sold 7,549 5,668 25% - Idle cost 67 - 100% - Loss on devaluation of inventories (Reversal) 5 46 (840%) Total cost
Page 10/15 Condensed Consolidated Statement of Financial Position 2018 2017 + (-) % (in million Baht) For the year ended 31 December Expenses Cost of sale - Cost of goods sold 29,636 24,776 16% - Idle
and near market value Payment term By cash with 180 days of credit term The reason To reduce the idle equipments in order to create maximum benefits for the Company and its subsidiary, CCET sold the old
of goods sold 7,085 5,248 35% - Idle cost - 72 -100% - Loss on devaluation of inventories (Reversal) (122) (32) 279% Total cost of sale 6,963 5,288 32% Selling expenses 153 114 34% Administrative
18,225,267,129 29,635,851,220 -63% - Idle cost 1,031,503,026 400,183,219 61% - Loss on devaluation of inventories (Reversal of) 20,966,163 159,314,204 -660% Total Cost of sale 19,277,736,318 30,195,348,643 -57