its subsidiaries can repay the debt obligations including trade payables and other payables, short term loans, the current portion of long- term loans from financial institutions, and interest expenses

(Days) Trade Receivable Period 75 70 Inventory Period ** 31 37 Trade Payable Period 51 49 Leverage Ratios (x) Interest Coverage 88.8 20.1 Debt Service Coverage 23.0 3.1 Total Debt to Equity 0.3 0.5

which came from additional investments in investments in associated companies and fixed assets. Net cash from financing activities was Baht 1,496.09 million mainly from increased short-term debt. As a

fixed interest % 73% 62% Credit Rating by TRIS AA- AA- 1 Net debt after debt for capex and investments in progress that are not generating revenue and earnings as on date given. Figure 1 :Repayment

long-term loan with fixed interest rate. Accordingly, as at December 31, 2018, the Corporate Group had no long-term debt obligation to comply with the terms and conditions of the loan agreement with the

percent. (5) Debt Obligation The Corporate Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest rate. Accordingly, as at December 31, 2019, the Corporate

Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest rate. Accordingly, as at December 31, 2017, the Corporate Group had no long-term debt obligation to

* Description Unit 1st Quarter 2020 2019 Net Profit Margin ratio % 13.33 21.33 Return on Equity ratio % 7.60 10.09 Return on Total Assets ratio % 2.79 3.87 Debt to Equity ratio Time 1.89 1.59 Net Interest Bearing

management fee and interest income. Administrative Expenses The Company and its subsidiaries had Administrative Expenses of Baht 1,984.82 million, decreased by Baht 146.44 million or 6.87% from last year

the same period of last year because of project management fee and interest income. Share of profit from investments in associated companies The Company and its subsidiaries had profit sharing from