level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy, lower than expected growth in

household debt including lower household income especially in the non-farm sector limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first eight months of

debt including lower household income especially in the non-farm sector limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first 9 months of 2019

the financial risk perspective, despite the higher debt ratio stemming from increased loans and lower shareholder equity, the ratio was nonetheless at relatively low level. The interest coverage ratio

Liabilities as of year 2019, mainly due to a decrease of debt under trust receipt and accounts payable and other payables. ZIGA INNOVATION PUBLIC COMPANY LIMITED 999/9,10,11 MOO 9 NAIKLONGBANGPLAKOD

Other Payables 102.7 4.3% 119.5 5.2% 16.8 16.4% Long-term Debt due within a year 122.4 5.1% 126.2 5.5% 3.8 3.1% Long-Term Loans, Net 562.7 23.4% 402.0 17.4% -160.7 -28.6% Debenture 467.0 19.4% 99.0 4.3

partially used to pay the trade creditors and other creditors 2. A decreased of the investment in the trading securities in a debt fund in the amount of THB 200 million 3. A decreased of the trade debtors and

Product Company Limited”) - Short – term loans from and accrued interest – related company decreased by 40 MB due to the subsidiary repay debt to the related company 40 MB. - Other current liability

working capital because the debt collections from the overdue debtors are more effective, and the management of the trade creditors is better; 2. A decrease of the investment in the trading securities in a

the annual general meeting in April and paid out in May. Financial Status The group currently has no interest bearing debt. Cash reserves and financial investments at the 31st December, 2017 were THB