and non-current liabilities increased amount of 165 million increase long-term borrowings from a financial institution. The shareholders’ equity of the company has increased in the amount of THB 74
services increase and the financing cost increase. Thus, the details of the Company’s performance are explained as follows: 2017 2018 Change MB % MB % MB % Rental and Service Income 708.0 94.9% 628.7 86.9
Expenses 40.15 36.61 3.53 9.65% (0.56) (116.89) 116.33 -99.52% Shares of loss in of associates - 1.28 (1.28) -100.00% Financing Cost 19.03 17.16 1.87 10.87% (19.59) (135.33) 115.74 -85.53% Corporate Tax
Lime Public Company Limited 6 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 DECEMBER 2019 3.2. Assets, Liabilities & Shareholders’ Equity Current assets have decreased largely due to reduced
stringent residential financing granting measure has not negatively affected the operation as the Company has the policy to develop project which has average selling price per unit higher than THB 10mn and
further BOI tax optimization. Net income was slightly down year-on-year given the higher depreciation and financing cost, despite the improvement in EBITDA 3.2. Assets, Liabilities & Shareholders’ Equity
Equity Branches at Period End (1) (Branch) 101 129 Number of Franchise Branches at Period End (Branch) 136 146 Sales from Restaurant Business During the Period (THB Mn) 1,336.1 1,345.3 Same-Store Sales
Saraburi Quicklime acquisition. Income tax was slightly higher on higher pre-tax earnings compared to the same period in 2017. As a combined effect of higher depreciation, financing costs, and taxation, the
& Shareholders’ Equity Current assets have decreased largely due to reduced inventory predominantly fuel as it is used in production. Non-current assets have decreased in line with depreciation with no major
September 2018 2019 Net Number of New Branches Opened (1) (Branch) 2 44 Number of Equity Branches at Period End (1) (Branch) 104 154 Number of Franchise Branches at Period End (Branch) 138 154 Sales from