31, 2017 was 120.16 million baht, up 1.14 million baht or 0 . 9 5 percent, compared payable as at December 3 1 , 2016 amount 1 1 9 . 0 2 million baht due to increased costs. Making payable increased as
consequence of: 1. Trade accounts payable increased by THB 1,163 million. 2. Advance from customer decreased by THB 160 million. 3. Short-term loan from related parties decreased by THB 237 million. 4. Accrued
million and total non-current liabilities amounted to THB 1,257 million. To compare with the year ended 2017 increased THB 115 million or 2% increased, this was a consequence of: 1. Trade accounts payable
account of: 1. Trade accounts payable decreased by THB 1,700 million. 2. Short-term loan from related parties decreased by THB 1,239 million. 3. Other payables and accrued expenses decreased by THB 379
cash equivalents, trade accounts receivable and inventories whereas the decreased in non-current assets mainly due to the depreciation for property, plant and equipment. Total Liabilities As of 31
December 31, 2019, plunging by Baht 28 .35 million or 3 2 .04 % from Baht 88 .48 million as at December 31, 2018 mainly as a result of a decrease in trade accounts payable of Baht 30 million, a decrease in
3 million as at December 31, 2019, plunging by Baht 28 .35 million or 3 2 .04 % from Baht 88 .48 million as at December 31, 2018 mainly as a result of a decrease in trade accounts payable of Baht 30
at December 31, 2018 mainly as a result of a decrease in trade accounts payable of Baht 30 million, a decrease in short-term loans from related persons and companies of Baht 8.40 million, an increase
to 0.5 times in 2019. This mainly resulted from repayment Trade accounts payable and long term loan from financial institution. The Financial Statements is attached herewith for your acknowledgement
of previous year by Baht 12 million or more than 100% due to allowance for doubtful accounts and allowance for devaluation of goods. 2. Financial Analysis (Unit: Million Baht) Items 31 December 2020 31