, leading to most gains being generated from accounts payable, and loans from foreign currencies. 6. Loss from asset impairment THB 34 million, most of the loss was incurred from impairment of Material

126.71 percent as a result of the company having more revenue. The cost increases proportionately. When the cost increases, therefore increasing trade accounts payable in the financial statements Page 5 of

) Total assets 1,565.06 1,590.98 (25.92) (1.63) Accounts payable 57.78 59.89 (2.11) (3.52) Other liabilities 58.31 66.02 (7.71) (11.68) Total liabilities 116.09 125.91 (9.82) (7.80) Total shareholders

Other assets 49.85 51.96 (2.11) (4.06) Total assets 1,585.99 1,590.98 (4.99) (0.31) Accounts payable 59.56 59.89 (0.33) (0.55) Other liabilities 59.54 66.02 (6.48) (9.82) Total liabilities 119.10 125.91

2016 Current Ratio Times 1.91 2.12 Quick Ratio Times 0.50 0.50 Average Collection Period Days 33 37 Inventory Days Days 139 182 Accounts Payable Days Days 43 46 Cash Cycle Days 129 173 Leverage

non-current liabilities to current liabilities, partly offset by decrease in trade accounts payable. 5/5 Non-current liabilities were Baht 1,095 million, decreased by Baht 990 million or 47.5% from the

decrease in trade and other accounts payable of 1.61 million baht. Shareholders’ Equity Shareholders' equity of the Company and its subsidiaries as of March 31st, 2020 amounted at 480.02 million baht which

) Total assets 1,866.51 1,726.77 139.74 8.09 Accounts payable 83.81 88.56 (4.74) (5.36) Long-term loan 110.63 118.73 (8.10) (6.82) lease liabilities 156.78 0.00 156.78 100.00 Other liabilities 42.24 39.86

decrease of THB 474 million, as THB fluctuated all year round, resulting in a gain mostly from trade account payable, loan to related parties, and loans in foreign currencies. 8. Losses from impairment of

exchange rate by adopting a quicker and higher debt pay- off ratio. T/R payable slightly increased. Trade account payables and other payables decreased. The decrease in Shareholders' equity was from dividend