interest bearing debts equaled to 20,336 Million Baht. Shareholders’ Equity Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 3, Wireless Road, Lumpini
6 Total equity stood at Bt19,096mn, grew by 23% from end of FY2016, mainly from FY2017 net profit and the increase of capital, as previously mentioned. Capital Structure Net interest-bearing debt to
agreements and booking 3 Calculated from interest-bearing debt net of cash and cash equivalents 4 Including rental and service income, marketing commission income, project management fee, interest, and others
. Net Interest-bearing Debt as of 1Q2019 was Baht 8,377.1 million, increase from Baht 8,134.5 million at the end of 2018. Total Liabilities mainly consisted of Long-term borrowings of debentures amounted
Calculated from interest-bearing debt net of cash and cash equivalents Management Discussion & Analysis ( - translation - ) For operating result of 1Q/19, ended 31 March 2019 Raimon Land Public Company Limited
Company had financial flexibility with strong balance sheet supported by low net interest bearing debt to equity of 0.09 time. Unit: THB mn 31-Mar-18 % to total assets 31-Dec-17 % to total assets Chg Cash
2/2018 3/2018 Current ratio 0.54 0.53 0.51 Debt to Equity ratio 2.28 2.35 2.47 Interest Bearing Debt ratio 1.00 1.17 1.21 Return on Asset 18.0% 13.6% 13.9% Return on Equity 46.8% 44.4% 46.0% Financial
of the reduction of total current assets THB 136.9 million and the rise of total non-current assets THB 1,378.3 THB. The total liabilities was THB 14,423. 9 million which consists of interest bearing
10.31425 billion THB, increasing 10.46% and 24.04% from 2018 respectively. The financial liquidity has efficiently been managed, therefore, the interest bearing debt to equity ratio and the debt to equity
-bearing debt to equity ratio of 2.41x, decreasing from 2.49x as of 31 December 2019. This was caused by decreased interest-bearing liabilities due to repayment of long- term loans and leasing loans as well