end of 2018, mainly from the increases in retained earnings net of dividend paid in 2Q19. Net Debt to Equity Ratio1 As of 30 September 2019, the interest-bearing debt of the Company stood at THB

Units Transaction is completed, the Company and/or subsidiary companies will be unitholders of the Trust and benefit by receiving dividend and capital gain in case the price of Trust’s units increases in

asset under TFRS 16. 2. Accrued dividend increased by THB 205 million due to the approval the Company’ s Board of Directors on March 27, 2020. 3. Accounts payable and other accounts payables decreased by

interim dividend approved by the Board of Directors at the amount of THB 1,952 million to be paid in April 2020 and long-term loans in Myanmar Kyat currency in Myanmar to support beverage factory

) (789) (17) (772) (4,541) - EGCO Plus : The operating result was decreased by Baht 772 million mainly due to interest expenses on loan from EGCO and withholding tax expenses on dividend payments from Paju

million Baht or +0.28% from the end of the year 2019, basically from the net profit for the first half of 2020 after dividend payment. 8. LIQUIDITY ANALYSIS AND FUNDING ADEQUACY For the first half of 2020

were Baht 50 million. Additionally, cash payments for investments. Meanwhile, the dividend receives from the joint ventures and other companies were Baht 4,214 million and cash receipts from interest

dividend income 102 0.2% 98 0.2% 4 3.7% Other income 3,245 7.8% 3,661 7.0% (416) (11.4%) Total revenue 41,376 100.0% 52,579 100.0% (11,203) (21.3%) Cost of sales of goods 29,320 70.9% 33,972 64.6% (4,652

0.6% 1,200 0.8% (324) -27.0% Interest Income 224 0.2% 209 0.1% 15 7.2% Dividend Income 0 0.0% 4 0.0% (4) -100.0% Other income 10,449 7.3% 10,800 6.8% (351) -3.2% Total revenue 143,234 100.0% 159,793

Rayong Power Plant was Baht 50 million. Meanwhile, the dividend received from joint ventures and other companies were Baht 11,459 million. Cash receipts from interest income was Baht 376 million. Net cash