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

impairment of investment in subsidiaries (Baht 456 million), Gain from debt restructuring (Baht 337 million), Reversal of provision for a guarantee of subsidiary (Baht 242 million) and net Gain from foreign

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

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

& Financial Policy Unit 31 Dec 2017 31 Dec 2016 Debt to Equity Ratio Times 0.62 0.79 Interest Coverage Ratio Times 11.25 9.49 Debt Service Coverage Ratio Times 1.38 1.76 According to the liquidity ratio and

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

’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to previous year, the ratio was nonetheless at relatively low level. Interest coverage ratio (EBITDA