320mTHB purchase of Saraburi Quicklime in 2018. Removing this one off impact we are inline. Investments in capital expenditure have also reduced significantly in stay in business as 30% of the investment is
that bolstered purchasing power. Government expenditure also plays important role in sustaining the economy with fixed expenses continuing to expand in comparison to the same period last year, especially
increase in the first quarter more than offsetting the abovementioned. For the 12 months ended 31 December 2018, capital expenditure for U City was THB 1,480mn, an increase of 190.2% or THB 970mn, primarily
considerably low at 0.27 time, slightly decreased from 0.30 time in 2017. In summary, the Company had appropriate capital structure. Capital Expenditure and Capital Resource In 2018, the Company made an
decreased from 0.27 time in 2018. In summary, the Company had appropriate capital structure. GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 9 of 14 Capital Expenditure
) Interest Coverage = (Cash Flow from Operations + Interest Expenses + Tax) / Interest Expenses 22) Debt Service Coverage = EBITDA / (Debt Payment + Capital Expenditure + Investment in Fixed Assets + Dividend
, account receivable, other current assets, and decreasing of inventory. The company had cash used in investing activities of THB 144 million because there was cash spending for investment in GGC KTIS Bio
appreciation. Private consumption grew at a slower rate than in the first half of the year, especially spending on durable goods in line with a contraction in domestic vehicle sales. In response, the government
from 2.3% in the second quarter of 2019, mainly driven by expansion of private consumption, government spending and tourism sector. Meanwhile, exports sector continued to contract caused by uncertainty
from the economic recovery in export, tourism, investment of private sector, and the expansion of government spending, which is a good sign for the Company operation in 2018. Topic Annual Balance Change