-Bearing Debt EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR Q2/2020 8 9. KEY FINANCIAL RATIOS Key Financial Ratios As of 30 June 2020 As of

term loan 52% Debenture 33% Long term loan due in 1 year 11% Short term loan 4% As of 31 Mar 2020, = 7,516.67 million Baht As of 31 Dec 2019, = 7,359.56 million Baht Proportion of Interest-Bearing Debt

flow position because debt services declined follow with Availability Payment. For SPP business, total sale volume of 8 SPPs continue to grow but the negative impact from a planned maintenance shutdown

) Interest bearing debt to equity ratio 1.21 1.03 Debt to equity ratio 1.35 1.16 Assets As of March 31, 2020, the Company and its subsidiaries had total assets of Baht 8,884.56 million increased from Baht

evaluation as well as negotiation and agreement between the Parties. The Company has taken seriously into account of the business plan and the Company’s interest and benefit. 4. Calculation of the size of the

1,447.32 million as of December 31, 2018 due to the decrease of other components of Shareholders’ Equity – the premium of asset evaluation. Kindly be informed accordingly, 5 Yours sincerely, East Coast

shareholder. This accounted 75.35 % in the third quarter of 2017. The company has not received a written valuation by an independent evaluation. So it is not yet recorded profit from changes to the investment

’ Equity – the premium of asset evaluation. Kindly be informed accordingly, Yours sincerely, East Coast Furnitech Public Company Limited -Signature- (Arak Suksawad) Managing Director

the lowest price from 2 independent appraisal companies, who are independent appraisers authorized by the SEC, from machineries evaluation as well as negotiation and agreement between the Parties. The

rules or regulations; (4) evaluate members’ compliance with rules or regulations over a reasonable time period; (5) produce reports on the evaluation and actions taken against members who violate or do