expenses 72 Transfer provisions for tax to others payable and accrued expenses 207 Reduction in trade account payable and accrued expenses, and accrued interests from conversion debt-to-equity 1,137 Table 6
company would like to update the progress of debt restructuring as followings; From early of 2016, the Company was contacted by Asia Credit Opportunities I (Mauritius) Limited (“ACO I”), the juristic person
to have information or documents or evidence used for opening of the account sufficiently to identify the customer’s financial condition, debt repayment capability, objective of investment and
Baht 1,810 million last year mainly due to waiver of interest of Baht 5,506 from creditors consequent to conversion of the Debt to Equity, Gain from capital reduction in Subsidiary Baht 1,130 million and
observed a growth in subsidiary business especially in distress debt management and mobile phone distributor. The details of the Company’s performance are explained as follows: 2016 2017 Change MB % MB % MB
, equivalent to 35.8% and 31.9% of total assets. Secondary, account receivable and other current receivables, net of THB 105.5 MB and THB 89.2 MB, equivalent to 8.8% and 8.1% of the total assets respectively
respectively, equivalent to 9.9% and 9.4% of the total assets respectively. The main current assets decrease as account receivable and other current receivables decrease. 2. Non-current assets As of year-end
. The average collection period of the Company and its subsidiaries was 21 days in 2018, slightly increased from 20 days in 2017. The account receivable turnover was 17. 11 times, slightly decreased from
2018. The account receivable turnover was 18.54 times, increased from 17.11 times in 2018. Inventory In 2019, the consolidated inventories of THB 3,716.83 million, increased by THB 188.85 million or 5.35
cost of borrowing. For the impairment loss of loans was 123.45 million baht, a decrease of 15.46 million baht or 11.13%. The decrease was due to monitor the debt collections process closely that support