September 25, 2019, the Appeal Court has modified decision by ordering the Company to make debt settlement in the form of short-term bills of exchange in the amount of Baht 350.00 million and defaulted

(%) 0.2 5.0 Return on Fixed Assets (%) 9.5 38.1 Asset Turnover (Time) 0.5 0.5 Leverage Ratio Debt to Equity (Time) 1.0 0.8 Interest Coverage Ratio (Time) 1.5 3.7 24 ASIA’S BOUTIQUE AIRLINE Glossary

Assets (%) (0.2) 5.0 Return on Fixed Assets (%) 8.0 36.7 Asset Turnover (Time) 0.5 0.5 Leverage Ratio Debt to Equity (Time) 1.0 0.9 Interest Coverage Ratio (Time) 1.3 3.4 24 ASIA’S BOUTIQUE AIRLINE

Securities and Exchange Commission 3 Appendix Definitions “IT assets” means (1) system assets, i.e., computer network, system software, application software, and information systems; (2) equipment assets, i.e

Securities and Exchange Commission Appendix Definitions “ IT assets ” means (1) system assets, i.e., computer network, system software, application software, and information systems; (2) equipment assets, i.e

% was derived from Fuel pipeline transportation business. 2. Report and Analysis of Financial Status 2.1 Assets As at March 31, 2018 the Group had total assets at the amount of Bt13,620.8 million

profit was derived from Aviation refueling services business and around 3% was derived from Fuel pipeline transportation business. 2. Report and Analysis of Financial Status 2.1 Assets As of December 31

ratio (current assets to current liabilities) of the Group was at 9.31 times which increased from the end of the prior year. It was high liquidity. And the debt to equity ratio of the Group was at 0.13

from Aviation refueling services business and around 13% was derived from Fuel pipeline transportation business. 2. Report and Analysis of Financial Status 2.1 Assets As of December 31, 2018 the Group

the Net profit was derived from Aviation refueling services business and around 13% was derived from Fuel pipeline transportation business. 2. Report and Analysis of Financial Status 2.1 Assets As of