expenses For year 2016, the administrative expenses was decreased by Baht 26.59 Million or 23.90 percent compared to year 2015, due to decrease of salary, employment benefit, doubtful accounts, fees and

decrease Baht 55.0 million, since the company spent money on new production lines and repay loans. In addition trade accounts receivable increase by Baht 17.92 million, which was in line with the increase in

1,775.85 (30.59) -1.72 Accounts payable 119.36 149.37 (30.01) -20.09 Long-term loan 116.51 108.67 7.83 7.21 Other liabilities 34.92 34.53 0.39 1.12 Total liabilities 270.78 292.57 (29.62) -10.13 Total

well as land disposal transaction. However, accounts receivable has increased substantially from the accrued SW income. Total liabilities as of 30 June 2019 decreased by 40% yoy and 37% comparing to the

65.16 13.80 Property, plant and equipment 933.67 919.08 14.59 1.59 Other assets 87.22 69.00 18.22 26.41 Total assets 1,750.03 1,775.85 (25.82) -1.45 Accounts payable 108.90 149.37 (40.47) -27.09 Long-term

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

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

for doubtful accounts (87) (81) Trade account receivables - net 656 560 As at 31 March 2020 and 31 December 2019, the Group had the allowance for doubtful accounts, amounting to Baht 87 million and Baht

lower long term borrowing from debt repayment and lower spectrum payable and lease liability. Interest-bearing debt stood at Bt116,749mn, decreasing by -8.2%. Total equity was at Bt88,278mn, decreasing

-4.8% from both current (lower trade & other payable and current portion of long-term debt) and non-current liabilities (lower lease liability and spectrum payable offset by increased long-term