receivable under finance lease amounting to Bath 112.2 million from depreciate of Thai Baht compared to exchange rate as of end of 2019. Gain on forward contracts Q1-2020 Q1-2019 THB Mn THB Mn THB Mn % Gain on
1,989 0.7% 1,829 0.5% Net debt to equity (times) 1.4 0.9 1.3 Trade receivable 16,277 5.6% 16,768 4.7% Net debt to EBITDA (times) 1.0 0.7 1.0 Inventories 4,828 1.7% 2,669 0.8% Net debt & lease liability
receivable. • Non-current assets increased by THB 517 million mainly from increase in goodwill from investments in ECC and goodwill from Investment in subsidiary of Elite Havens. Liabilities As of 31 March
receivable 16,361 5.6% 15,818 5.5% Net debt to EBITDA (times) 1.2 1.1 1.1 Inventories 3,823 1.3% 4,204 1.5% Current Ratio (times) 0.5 0.6 0.6 Others 3,433 1.2% 4,421 1.5% Interest Coverage (times) 13 13 13
1.5 Operating EBITDA (%) 37.9% 16.6% Quick ratio6 (times) 1.5 1.5 Net profit (from operation) (%) 18.5% 5.5% Account receivable turnover (times) 2.6 4.2 Net profit (after MI) 2 (%) 23.7% 5.7% Average
million, mainly due to increase of account receivable and a decrease in inventories. Net cash used in investing activities of Baht 49 million, comprising of (1) cash outflows from investments in fixed
flow of Apollo’s deal, real estate projects for sales under development of 12,181 million Baht, Account Receivable of 99 million Baht, Inventory of 207 million Baht, building improvement, sales gallery
2,643 0.9% 2,353 0.8% Net debt to equity (times) 2.0 1.9 1.7 Trade receivable 14,179 5.0% 16,066 5.7% Net debt to EBITDA (times) 1.3 1.2 1.2 Inventories 3,951 1.4% 4,424 1.6% Current Ratio (times) 0.5 0.5
profit 1 (%) 56.1% 63.3% Current ratio (times) 0.9 1.1 EBITDA (%) 33.2% 36.2% Quick ratio6 (times) 0.9 1.5 Net profit (from FS) (%) 25.6% 22.0% Account receivable turnover (times) 2.9 4.5 Net profit (after