and its subsidiaries recorded current ratio of 0.65x, approximately close to 0.64x of 31 December 2019. Debt to Equity Ratio As at 31 March 2020, the Company and its subsidiaries recorded Interest

offset by increase due to interest on account default in repayment of Loan and Standby Letter of Credit (SBLC). 6. Other expense The Company and subsidiary did not record any other expenses during the

to the expiry date of the agreement. The Company confirms that it has capacity in relation to its interest cover covenant and that it complies with key terms on its Credit Facilities Agreement

% from the same period of previous year, mainly due to increase in asset size of REITs.  Other income comprised interest income, gain from sale of short-term investments and other income totaling THB

and offered the debentures in June this year in the amount of Baht 581.10 million with the interest rate at 7.25 percent per annum. The 9-month period of the Year 2020 comparing to 2019 Consolidated

, mainly resulting from residential and hospitality business. Other Income Other income constitutes interest income and non-operating income, e.g. gain from sales of investment in subsidiary, amortization of

from insurance claims, interest income, rental income and others. In the first quarter of 2020, an indirect subsidiary received insurance claims from an insurance company Baht 171.9 million. The claim

Management Discussion and Analysis for the year 2021 4 Core Operating Profit (defined as Earnings before Interests and Taxes exclude interest income, gain (loss) on exchange rate and other irregular items) for

holder has puttable option with rates of return being fixed or made floating according to the interest rates of financial institution or other interest rates, and the distribution conditions not being

organizations that participate in projects Consent basis/Contract basis/ Legitimate interest basis Promotion of knowledge and sending news via email to subscribers, preparing pictures and news of activities of