Securities and Exchange Commission Appendix Definitions “ IT assets ” means (1) system assets, i.e., computer network, system software, application software, and information systems; (2) equipment assets, i.e

Jan-Dec 2019 Million Baht % Million Baht % 1. HR Solutions 1.1 Human Resources and Payroll Outsourcing services 237.36 45.4% 257.09 41.9% 1.2 Income from software and human resources system 159.63 30.5

Million Baht % Million Baht % 1. HR solutions 1.1 Human Resources and Payroll Outsourcing services 60.16 45.8% 64.97 49.0% 1.2 Income from software and human resources system 45.58 34.6% 43.62 32.9

Jan-Mar 2020 Million Baht % Million Baht % 1. HR Solutions 1.1 Human Resources and Payroll Outsourcing services 64.97 49.0% 68.92 38.5% 1.2 Income from software and human resources system 43.62 32.9

, Thailand Tel. 66 2323 1085..96 Fax. 66 2323 9283 4.3 Liquidity adequacy Description units As of 31 December 2018 2017 Current Ratio times 5.54 7.63 Quick ratio times 3.38 4.47 Inventory turn over times 4.20

the annual dividend payment. Analysis of Liquidity. Transaction For the Year ended 31st December (Unit: Time) 2019 2018 Current Ratio 6.27 5.86 Quick Ratio 3.64 2.81 Inventory Turnover 3.22 2.91

Baht. 9. Key Financial Ratios Key Financial Ratios As of 30 Jun 2016 As of 30 Jun 2017 Liquidity Ratio Current ratio (time) 0.35 0.30 Quick ratio (time) 0.34 0.29 Cash flow ratio (time) 0.82 0.65

adequacy Description units As of 31 December 2017 2016 Current Ratio times 7.63 4.27 Quick ratio times 4.47 2.82 Inventory turn over times 4.71 4.76 Average debt collection days 79 80  Current ratio was

5.90 5.83 Quick Ratio 3.08 3.17 Inventory Turnover 3.37 3.26 • Current ratio was 5.90 times, increased from the year 2016 which was equivalent to 5.83 times because current assets and current liabilities

the period ended 31 March 2018 For the year ended 31 December 2017 Change Reason Liquidity Ratio (x) 6.37 6.80 (0.43) The increase in accounts payable. Quick Ratio (x) 3.35 3.47 (0.12) Return on Equity