The ability to repay debt and to follow the terms of the loan, and fundamentally important for several bindings The Company has been able to repay debts and doing business as per commitment. 5

liabilities to total equity ratio was of 1. 20:1 time and the Interest bearing debts to total equity ratio was of 0. 98:1 time. The liabilities comprised of major items which follow;- 2.2.1 Account payable and

follow; - Sales and installation of tools and machinery, hold 47.50% of paid-up capital with initial investment of 1.42 Million Baht - Repair and maintenance of tools and machinery, hold 47.50% of paid-up

2019, Cash and cash equivalents amounted to 80.24 million baht increased by 26.89 million baht for the year 2018, which the details of the acquisition and uses of cash in the year 2019 as follow

of Thailand ices PCL. statements rter ending lts can be s ny and the C ement show rter of 2016 profit was p While, the igher than od at 30.4% ction of pur ed as follow Q2/2017 55.4 322.7 1.2 379.3

promotio ther income elling Expens dministrative perating Prof nance Cost come tax exp et Profit Revenues A The Compa Retail Busin contributed The Compa same perio total revenu year at 1,12 by the follow 1

Company and its subsidiaries generated cash flows from operating activities amounting to Baht 5,438 Million. Cash used in investing activities amounting to Baht 2,750 million detailed as follow; (1) paid

in crack spread between various finished products and crude oil, detailed as follow: UNL95/Dubai increased from decreased Chinese Mogas export, Kerosene/Dubai increased from emergency shutdowns of

customer. 4.4 The ability to procure additional sources of capital. The Company already has adequate financial facility, therefore no need for additional capital. 4.5 The ability to repay debt and to follow

million baht decreased by 30.73 million baht for the year 2016, which the details of the acquisition and uses of cash in the year 2017 as follow; Transaction For the Year ended 31st December (Unit: Million