ratio stood at 1.58 times and the Interest-Bearing Debt ratio was 1.28 times. Forward Looking In the year of 2017, the Company has expanded its business toward Property Development for sale – Newera

was because the Company capital increase from General Mandate and share premium increased from increase capital. The Company debt to equity ratio stood at 1.58 times and the Interest-Bearing Debt ratio

-term loan. Whereas the Company’s shareholder’s equity stood at 943.0 million Baht, slightly decrease from the end of 2018. The Company’s debt to equity ratio was 1.61 times while the interest bearing

6.5%, declining from 8.1% of the previous year. However, the Company gave priority to maintain interest-bearing debt to equity ratio in an optimal level. At the end of the third quarter, interest

equity ratio was 1.38 times while the interest bearing debt to equity ratio was 0.86 times. Forward Looking For the 2nd quarter of 2020, it is well known that due to the impact of the Covid-19 situation

(Translation) UAC.CS/012/2020 May 14, 2020 Subject: Explanation of the operating results for the first quarter period ended March 31, 2020 To: President The Stock Exchange of Thailand Attachment

financing cost at the end of 2019 stood at 2.91% Net debt to equity ratio stood at 0.37x Capital Structure As of December 31, 2019, the Company reported total interest-bearing debt of THB 33,210 mn, an

l ine (US$ bil l ions) 1.4 1.3 Financial Ratios Current ratios (times) 1.3 1.3 Debt Servicing Coverage Ratio (DSCR) times 2.5 2.9 Interest coverage ratio (times) 8.3 6.7 Note (1) Net debt after debt

according to the Company’s performance. Financial Ratio Financial Ratio As of March 31, 2019 Liquidity Ratio (times) 28.72 Debt to Equity Ratio (times) 0.04 Return on Equity - ROE (%) 1.55 Return on Assets

(Cambodia) Co.,Ltd. In order to cut realized loss from operation of its subsidiaries and reduce its debt, UWC also considered to divest it’s investment in biomass powerplants resulting in reclassification of