2018 was Bt242.16mn, equivalent to 7.3% of total revenue from core businesses. The proportion decreased by 1.4% compared to 8.7% in the previous year. In 4Q18, Service and administrative expenses were
ordinary shares of 1,437,456,000 shares under IPO with a par value of THB 5.00 per share and IPO price at THB 5.20 per share. This capital raising will reduce interest bearing debt to equity ratio of both
Net Debt/Equity Ratio 0.44 0.19 0.44 0.19 Leverage (Net Debt/EBITDA) 1.72 0.91 1.48 0.60 Note: 1) Net Debt = Interest bearing liabilities – cash and cash equivalent 2) Leverage Q4 uses annualized EBITDA
cashflows of 38mTHB in 1Q 2019 is comparable to the equivalent 40mTHB in 1Q 2018. Net cash flows from investing activities decreased significantly year-on-year largely due to the 320mTHB purchase of Saraburi
Debt = Interest bearing liabilities – cash and cash equivalent 2) Leverage Q1 uses annualized EBITDA 3) ROFA = (Net profit + Depreciation)/ Average (Q1 2018 and Q4 2017) of property, plant and equipment
2017: 4. Financial Ratios Note: 1) Net Debt = Interest bearing liabilities – cash and cash equivalent 2) Leverage Q2 and FY use annualized EBITDA 3) ROFA = (Net profit + Depreciation)/ Average (Q2 2018
equivalents at end of period 32.86 57.69 -24.84 -43% Golden Lime Public Company Limited 8 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 SEPTEMBER 2018 4. Financial Ratios Note: 1) Net Debt = Interest
10.31425 billion THB, increasing 10.46% and 24.04% from 2018 respectively. The financial liquidity has efficiently been managed, therefore, the interest bearing debt to equity ratio and the debt to equity
of financial institutions and debenture together with minimizing the impacts from full loan guarantee provided to Power Plant business and its high debt resulting in decreasing in debt to equity ratio
Transaction B.E. 2546 (2003) dated November 19, 2003 and its amendments (collectively, the “Notifications on Connected Transactions”). The transaction size is equivalent to 16.06% of the net tangible assets