Activity Report 61En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2018 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2018 Executive Summary

Activity report 2015 En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2015 Contents Executive Summary

MFC ASSET MANAGEMENT PUBLIC COMPANY LIMITED|Long Term Equity Fund : LTF | Offering Date : 01/07/2005 - 20/07/2005

operations (i.e., M&A activity) and corresponding adjustment to SPTs? It is critical to remember that any adjustments to KPIs and SPTs designed to address the impacts of M&A activity must be defined before (or

from other relevant bodies. The study results revealed that the recurring audit adjustment, to which the management and audit committees should pay special attention, is the adjustment of revenue and

) (129) (217) 68% 86% (393) (485) 23% Administrative expenses (228) (281) (367) 31% 61% (727) (935) 28% Gain (losses) on exchange rate (60) (349) 312 (189%) (622%) (121) 216 (279%) Fair values adjustment

654 252 651% (62%) Performance without non-operating items 1 Adjusted EBITDA 282 148 280 (1%) 90% Note: 1 includes gain (loss) from foreign exchange rate, professional fees in relation to M&A activity

% 227% Administrative expenses (1,006) (1,599) 59% (281) (367) (664) 81% 137% Gain (losses) on exchange rate (16) 152 (1,067%) 104 312 (65) (121%) (162%) Fair values adjustment of investment property 3

% 565.9 78.2% 4.8 0.9% Cost of Sales 12.9 1.7% 157.5 4.3% 144.6 1121.1% Gross Profit 152.4 20.4% 156.16 12.6% 3.8 2.5% Gain from fair value adjustment on investment property 6.4 0.9% -3.5 -0.5% -9.9 -154.7

&A activity, sales & marketing expenses for the launch of new residential projects, write-off/impairment of asset, one-time income/expense, etc. Total Revenues In 3Q17, Singha Estate reported