set up the Solar Roof Top power plant in Singburi to support the saving energy also incorporated the Green Ocean Water (Thailand) Co., Ltd. which is the Company’s subsidiary that 100% shares held by the

key components were 1) property, plant and equipment of 50mn, 2) investment property of THB 28mn, and 3) cash and cash equivalents of THB 22mn. More commentary on 2Q 2018 financial statement can be

) Net Debt = Interest bearing liabilities – cash and cash equivalents 2) Leverage Q2 and FY use annualized EBITDA 3) ROFA = (Net profit + Depreciation)/ Average (Q2 2018 and Q4 2017) of property, plant

– net of THB 79mn, mainly from plant and equipment of MACO. Trade and other receivables were THB 1,572mn, an increase of THB 429mn. The increase in account receivables comprising of 1) trade receivables

ratio was 1.35 times as the Company use short-term loan, bond and cash deposit as source of fund for Investment in Associates and purchase of Property, Plant and Equipment (PPE) The Company maintained

FY use annualized EBITDA 3) ROFA = (Net profit + Depreciation)/ Average (Q2 2018 and Q4 2017) of property, plant and equipment Mr. Geza Perlaki Mr. Krishnan Subramanian Aylur Authorized Director

cash equivalents 2) Leverage Q3 and FY use annualized EBITDA for the previous 4 quarters 3) ROFA = (Net profit + Depreciation)/ Average (current quarter and end of last year) of property, plant and

was 0.48x compared to that of last year at 0.55x. In 2019 the Company spent THB 1,784mn on capital expenditure and investment, primarily in investment properties, property, plant & equipment purchased

. 62 จาํนวน 80.74 ลา้นบาท นอกจากกนีม้ีสินทรพัย์ โครงการ Mandalay Industrial Zone Central Wastewater Treatment Plant and Collecting System Project (CWWTP) ในรูปแบบของการก่อสรา้งโครงการให้บริการบาํบัดนํา้

equivalents and current investments 740 15.2% 1,216 13.2% Trade & other receivables 847 17.4% 641 7.0% Investment in joint venture and associates 181 3.7% 2,130 23.2% Property, plant and equipment 931 19.1% 877