which is higher than the par value is due to the fact that the Company has considered the value of Hero Experience which evaluated by the independent valuer, the Sims Property Consultant Co., Ltd., the

property by considering on the proper location in one-connecting land with convenient transportation and is close to Rama 3 Road. There is a future project to increase value added of the assets by having the

recorded in 2018. หนา้ 10 4.2.2 Liabilities and Shareholder’s Equity Consolidated Unit: Baht million 2019 2019 Change (% yoy) Liabilities Debt issued and borrowing 75,687.52 57,709.28 31.15 Accrued interest

% Core EPS after PERP Interest (THB) 0.85 0.67 1.31 (35)% 3.67 3.86 (5)% Core EBITDA/ton ($) 115 102 153 (25)% 119 132 (10)% Operating Cash Flow5 385 261 222 73% 1,172 855 37% Net Debt to Equity (times

around US$2.2B in Mar21 and operating cash flow of US$201M in 1Q21, IVL is well positioned. During the quarter, net debt reduced by US$148M with improved performance. Our net operating debt to equity has

search criteria Search Company 2S: 2S METAL PUBLIC COMPANY LIMITED 3K-BAT: THAI ENERGY STORAGE TECHNOLOGY PUBLIC COMPANY LIMITED 7UP: SEVEN UTILITIES AND POWER PUBLIC COMPANY LIMITED A: AREEYA PROPERTY

Assets like Customer Relationship and Production Formula. 2/ NTA of UAC from audited consolidated financial statement as of 31 December 2017 only shareholders’ equity, excluded non-controlling interests is

79.5 4.6 5.8 Cleaning service expenses 58.0 50.4 7.6 15.0 Bad and doubtful debts expenses 35.6 65.1 (29.5) (45.3) Security guard expense 31.4 29.7 1.7 5.7 Property tax 10.5 18.3 (7.8) (42.6) Others 666.7

million into our capital structure as of June 30, 2017, the illustrated net interest-bearing debt to equity ratio would be 1.6 times. Development of Solar Projects Pursuant to Notification of the State

TS1 and Gulf TS2 in this quarter, adding our Equity MW under operation to 447.1 MW from 319.3 MW in the same period of last year. • Financial costs decreased by 35.3%, mainly from loan repayment from