Equity Coverage Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 1 of 10 Performance Overview Continuous growth in both revenue and net profits, attributed to

assets of 8.38 million baht (20.74%), (2) an increase in net losses of 8.38 million baht (21.43%), and (3) a decrease in shareholder's equity of 8.38 million baht (69.08%). For 2003 financial

assets of 8.38 million baht (20.74%), (2) an increase in net losses of 8.38 million baht (21.43%), and (3) a decrease in shareholder?s equity of 8.38 million baht (69.08%). For 2003 financial statements

, earned premium net of reinsurance increased by 66.12 million baht. 2. Income from investment in equity securities and other income decrease from last year in the amount of 40.03 million baht and 6.50

(Unit: Thousand) Items 30 June 2017 31 December 2016 Increase(Decrease) Percentage Net Assets 6,129,846 5,820,498 309,348 5.31 Net Liabilities 1,248,590 999,424 249,166 24.93 Shareholders’ equity

price is higher. That makes 98.29 million Baht Shareholders’ equity increased, moreover the net loss effects shareholders’ equity decrease in amount is 57.09 million Baht. Yours sincerely, General

addition, the significant improvement of return on equity was from the decrease of shareholders’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to

of 2017.  The increased debt resulted in a decrease of shareholders’ equity of THB 10,349 million, to become minus THB 15,651 million.  In addition, in July 2017 the Board of Directors had resolved

profit and more leverages. In addition, the improvement of return on equity was partly from the decrease of shareholders’ equity as mentioned above. For the financial risk perspective, despite the higher

13% to 13% and 20% yoy. It was driven by the outstanding profit for the Company and its subsidiary. In addition, the significant improvement of return on equity was from the decrease of shareholders