expense has decreased from the bond repayment in the fourth quarter of 2019 and second quarter of 2020. 6. Income tax expenses were Bath 203.56 million, a decrease of Baht 146.84 million or down by 41.91

repayment in April 2020 and to mitigate risk from the money market fluctuation during COVID-19. However, compared to the six- month period of 2019, the finance cost in the same period of 2020 increased by 0.7

22.2%. The decrease was due to income tax paid of 18.5 million Baht and repayment some trade accounts payable. (2.2) Non-current liabilities as of December 31, 2019 amounted 105.7 million Baht compared

70.00 million Baht from sale of assets that the Company can further utilize as debt repaymentfor repayment of certain amount of commercial debts of the Company, which will relief risks from litigation to

collateral as specified in the loan agreements in order to receive payment under the Power Purchase Agreements, to reserve for adequately principal repayment and interest and to reserve for repair and

as specified in the loan agreements in order to receive payment under the Power Purchase Agreements, to reserve for adequately principal repayment and interest and to reserve for repair and maintenance

7.4% from Baht 438.5 million in Q4 2021 to Baht 406.0 million in Q4 2022 due to the repayment of legal fee from Sakthi Group, following the court’s decision in favor of the Company under the English

Bt250,467mn, declining -0.3% from the end of 2022. Interest-bearing debt stood at Bt80,790mn, decreased by -4.3% following the debt repayment. Net debt to EBITDA (excluding lease liabilities and license payable

remaining from the repayment of the loan, it will be utilized for the Company’s working capital. 3. Effects to the Shareholders from the Rights Offering 3.1 Price Dilution Price Dilution = (Market Price

the event that there are proceeds remaining from the repayment of the loan, it will be utilized for the Company’s working capital. 3. Effects to the Shareholders from the Rights Offering 3.1 Price