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

financial position of LH Financial Group Public Company Limited and its subsidiaries are comparative performance of the financial position as of 30 September 2017 and 31 December 2016. Total Assets As of 30

Company Limited and its subsidiaries are comparative performance of the financial position as of 30 September 2017 and 31 December 2016. Total Assets As of 30 September 2017, the company and its

profit from related technology business, the higher administrative expenses i.e. doubtful accounts - trade and other receivables, impairment loss on assets and the higher finance cost. As a result, overall

2019 As of 31 Dec 2018 Increased (Decreased) % Total Assets 20,277.51 20,140.90 136.60 0.68% Total Liabilities 9,128.88 9,335.75 (206.87) (2.22%) Equity 11,148.63 10,805.15 343.47 3.18% - Equity

Increase (Decrease) % Total assets 363.57 379.77 (16.20) (4.27) Total liabilities 92.87 98.80 (5.93) (6.00) Total shareholders’ equity 270.71 280.97 (10.26) (3.65) Significant movement of assets, liabilities

85.60 million). Management Discussion and Analysis For the 1 st Quarter Ended 31 March, 2018 Page 5 3. Analysis of Statements of Financial Position 3.1 Analysis of Assets As at March 31, 2018, the total

assets the depreciation in H1 and Q2 is significantly above last year. Finance cost has increased as expected with the main increase coming from the interest on the new 330mTHB facility used for the

position analysis Unit : Million Baht Items September 30, 2019 December 31, 2018 Increase (Decrease) % Total assets 363.98 379.77 (15.79) (4.16) Total liabilities 93.25 98.81 (5.56) (5.63) Total shareholders

gross profit has also increased from 2018. As for the statement of financial position as of 31 December 2019, the total assets of the Company were 23.47335 billion THB and the total liabilities were