cash 67.75 -117.02 163.05 0.74 (Enclosure 4) 7 (d) Financial ratios Unit: THB million Cash Flow Statement Q1/2018 2017 2016 2015 Current Ratio (X) 1.50 1.39 1.99 5.38 ROE (%) 17.98 17.38 11.06 24.60 ROA

for funding activities amounted to 34.99 million baht. Therefore, the Company’s cash and cash equivalent as of the end of 2018 amounted to 21.20 million baht. Financial Ratios Ratio unit December 31

12.11 million baht. Financial Ratios Ratio unit 31 Dec 16 31 Dec 17 Liquidly ratio Time 2.91 2.36 Net profit ratio % (14.34) (16.89) Return on equity ratio % (5.07) (5.19) Return on asset ratio % (4.08

commercial bank amount of THB THB 550 million, currently undrawn. (SAFARI Group must maintain certain financial ratios, However, SAFARI Group is seeking additional credit facilities from other financial

. Executive Summary 2. AMC Industry Outlook and Overview 3. Regulatory Considerations 4. Management Discussion and Analysis 5. Key Financial Ratios 6. Forward looking IMPORTANT DISCLIAMER The information

distributing accessories and faucet products may be summarized as follows: Table of Percentages of Revenues (Business of Accessories and Faucet Products) 2015 2016 2017 First 9 Months of 2017 (Jan – Sep) First 9

Baht for working capital management. 9. KEY FINANCIAL RATIOS Key Financial Ratios As of 31 Mar 2017 As of 31 Mar 2018 Liquidity Ratio Current ratio (time) 0.38 0.56 Profitability Ratio(1) Gross profit

Baht. 9. Key Financial Ratios Key Financial Ratios As of 30 Jun 2016 As of 30 Jun 2017 Liquidity Ratio Current ratio (time) 0.35 0.30 Quick ratio (time) 0.34 0.29 Cash flow ratio (time) 0.82 0.65

the Company (37,417) (46,242) -19% (137,387) (127,982) 7% Non-controlling interests (72,727) (76,122) -4% (219,389) (180,907) 21% Key Financial Ratios Gross profit margin 20.7% 15.3% 5.5% 18.1% 17.5

repayment of long- term loan of 460.00 million Baht, net off with the additional short-term loan drawdown of 183.00 million Baht for working capital management. 9. KEY FINANCIAL RATIOS Key Financial Ratios As