-47.13 -67% Cash and cash equivalents at end of period 61.81 120.43 -58.62 -49% Golden Lime Public Company Limited 7 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2019 4. Financial Ratios
Thailand (mai) on 22 January 2019. Directly attributable expenses of the IPO total of 25.89 Million Baht were deducted with share premium received from the shareholders. Key financial ratios o The Group has
DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2019 4. Financial Ratios Note: 1) Net Debt = Interest bearing liabilities – cash and cash equivalents 2) Leverage Q2 and FY use annualized EBITDA 3) ROFA = (Net
financing activities increased due to the long-term borrowing for the Saraburi Quicklime acquisition. 2017 Cash flow Summary as of 31 March 2018 compared to 31 December 2017: 4. Financial Ratios Note: 1) Net
2017: 4. Financial Ratios Note: 1) Net Debt = Interest bearing liabilities – cash and cash equivalent 2) Leverage Q2 and FY use annualized EBITDA 3) ROFA = (Net profit + Depreciation)/ Average (Q2 2018
investment and working capital. 3. KEY FINANCIAL RATIOS 3Q’18 YTD 2018 31 December 2017 Gross Profit Margin 37.1% 35.5% 33.1% Net Profit Margin1 60.1% 57.2% 53.5% Return on Equity2 19.4% 16.8% 19.8% Debt
equivalents at end of period 32.86 57.69 -24.84 -43% Golden Lime Public Company Limited 8 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 SEPTEMBER 2018 4. Financial Ratios Note: 1) Net Debt = Interest
:1 and from 0.64:1 to 0.78:1 as of 31 December 2018 and 31 December 2019 respectively. The ratios do not exceed 1:1 and are in compliance with the policy of the Company. Cash flow statements As for
attributable to owners of the parent for the period totaling of Baht 74.87 Million. Key financial ratios o Debt to Equity ratio (D/E) as of 31 December 2019 was 2.02 times. Decreased from last year, which has D
respectively. Comparing to the same period of the previous year, the interest bearing debt to equity ratio and the debt to equity ratio has increased from 0.44:1 to 0.67:1 and from 0.70:1 to 0.90:1. The ratios