Debt to Equity Conversion Scheme - The Stock Exchange of Thailand

(Additional Financial Statement Q1/2011)
Item 2008 2009
(restated)
2010 Q1/ 2011
Cash flows from financing activities;
Finance costs paid (762) (186) (174) (60)
Net proceed (repayment) of
short- term loans
516 (1,310) 67 (47)
Repayment of payable from offsetting of
machinery purchased
- - (68) (5)
Liabilities under rehabilitation plan (10) - - -
Proceed from warrants issued - - 150 -
Proceeds from ordinary shares issued - 50
Net cash flows from financing activities (256) (1,496) (25) (62)
Effect of exchange rate changed (3)
Net increase (decrease) in cash and
cash equivalents (277) (41) 14 (6)
Cash and cash equivalent at the beginning 361 84 43 57
Cash and cash equivalent at the ending 84 43 57 51
4. Names, addresses and number of creditors to receive newly-issued shares subject to the Debt to
Equity Conversion Program
Name
Address
1. GSTEEL 88 Paso Tower, 18th Floor, Silom
Road, Bangrak, Bangkok
2. OA 88 Paso Tower, 18th Floor, Silom
Road, Bangrak, Bangkok
* 1) the evidence of such debts as at 31 December 2010.
Amount of Debt*
(Million Baht)
Amount of Debt
Converted into Equity
(Million Baht)
1,069 1,069
576 576
2) in the case that the creditor is the Company’s directors or managing director or deputy
managing director or the shareholders who held the Company’s shares more than 10% of the total voting
rights of the Company or the spouse or minor child of the said persons, please clearly specify the status
of such creditors.