, mainly from the payment of interest expenses under finance lease and dividend payment to shareholders amounting to 2,417.8 million baht. 23 ASIA’S BOUTIQUE AIRLINE Summary Consolidated Financial and Ratio
amounting to 1,816.9 million baht during the period. 26 ASIA’S BOUTIQUE AIRLINE Summary Consolidated Financial and Ratio As at 30 June 2018 2017 Liquidity Ratio Current Ratio (Time) 1.5 1.8 Quick Ratio (Time
interest-bearing debt to equity ratio stood at 0.31 times, dropped from 0.60 times as at 2016 year end, as proceeds from the fund-raising activities were under reserve for near-term investments. Singha
199.76 million. Therefore, portions of company shareholding interest and non-controlling interest of subsidiary stood at Baht 1,684.60 million and Baht 214.30 million respectively. Debt to Equity ratio as
December 2016 due mainly to trade payables and other payables. We also made additional utilization of THB 1,145 million based on loans from financial institutions. Our interest-bearing debt therefore
proceeds from the capital increase of the Company and its subsidiaries. 6) Explaining the limitation from the seeking for sources of fund from financial institutions. Information Memorandum on the Offering
disclosure of information memorandum. In order to approve this connected transaction from shareholders, the Company is required to appoint Finnex Advisory Company Limited as the Independent Financial Advisor
advertising and marketing tools. 2018 was another all-time high financial record for MACO – a culmination of 4 consecutive years of record-breaking achievement – having achieved revenue and net profit of
on Equity ** (%) 14.57 13.94 4) Return on Assets ** (%) 8.61 8.53 5) EBITDA * (Million Baht) 3,044 3,181 6) EBITDA to Total Assets (%) 3.01 3.16 7) Debt to Equity Ratio (Times) 0.66 0.72 8) Debt