value of net tangible assets basis, equals to 15.22% (based on the Financial Statements for the year ending 31 December 2019). Source of Fund for Investment - Loan from bank in the amount of 75 million
amount of 42.47 million Baht, decreased 0.45 million Baht or 1.04% from the same period last year due to the Company repay a portion of loan principal to financial institutions according to debt
% compared with 6M16. Finance costs in 2Q17 and 6M17 decreased by 27.5% and 25.9%, respectively, due to the repayment of long-term loan. Ocean Glass Public Company Limited Page 3/3 Management Discussion and
55.7 million and Baht 39 million, respectively. The decrease resulted from loan repayment in 2016. The shareholders’s equity of the Company and the subsidiary as of 31 December 2016 and 30 June 2017 were
September 2017, which the company repaid the loan from financial institutions to reduce some financial costs. The remaining will be in cash and cash equivalents. Total Liabilities Total liabilities as of 31
company has repayment of long term loan 43.0 million baht, payments for short-term loans 145 million baht and acceptance of capital increase ordinary shares 81.2 million baht. Unit : Times Date 30 September
the total liabilities respectively. The decrease for long term loan due to gradually paying off some balance of debt from the finance institution. Shareholder’s equity The company’s shareholder’s equity
9M16. Finance costs in 3Q17 and 9M17 decreased by 28.6% and 26.7%, respectively, due to the repayment of long-term loan. Statements of Financial Position as at September 30, 2017 September 30, 2017
liabilities respectively. The decrease for long term loan due to gradually paying off some balance of debt from the finance institution. 31 December 2016 31 December 2017 THB MB % THB MB % Current liabilities
institution under the Law on Loan Interest of Financial Institutions or a financial institution under foreign law; (2) an agreement having characteristics comparable to the assets under (1) in accordance with