Days Days 141 140 Accounts Payable Days Days 43 43 Cash Cycle Days 133 130 Leverage & Financial Policy Unit 31 Dec 2018 31 Dec 2017 Debt to Equity Ratio Times 0.74 0.62 Interest Coverage Ratio Times

the total Liabilities. Current Liabilities as of year 2018, mainly due to a decrease in accounts payable and other payables. ZIGA INNOVATION PUBLIC COMPANY LIMITED 999/9,10,11 MOO 9 NAIKLONGBANGPLAKOD

(trade account receivable – third parties decreased of 259.48 Million Baht, accounts receivable from related parties decreased of 15.59 Million Baht, declined in other receivable-third parties as of 73.53

of the liabilities was from lower of trade accounts payable due to lower prices of raw materials, offset with higher * Note Please find further information in the consolidated financial statements. 5

decreased from Baht 55 million to Baht 53 million, decreased by Baht 2 million or 4%, due to allowance for doubtful accounts (reversal) decrease. Meanwhile, selling and administrative expenses was increased

amount of Baht 8.67 million which was due to an increase in accounts receivable and account receivable of related company at amount of Baht 10.89 million. 2. An increase in inventories at amount of Baht

Short-term loans from financial institutions decreased 108.83 Million Baht, Trade accounts payable and other current creditors decreased 157.09 Million Baht (Third party trade payables decreased by 156.36

liabilities to current liabilities, which partly offset of decreased in trade accounts payable and payables for acquisition of assets. Non-current liabilities were Baht 1,085 million, decreased by Baht 1,001

or 2.02% from the end of prior year was mainly due to the reduction of bank loan, accounts payable and retention for construction. 4 Shareholders’ equity as of March 31, 2018 amounted to Baht 23,893.89

to an increase in trades and other accounts receivable at amount of Baht 10.18 million, an increase in inventories at amount of Baht 75.17 million, an increase in other current assets at amount of Baht