Bangkok, February 28, 2012 ? The SEC has revised issuance rules governing bills of exchange (B/E), short-term debentures and complex structured products to promote more fund mobilization through debt

. The Company also repaid the long-term loans amounting to Baht 12.46 million. Therefore, the debt to equity ratio stood at 0.37 time and the liquidity ratio was at 4.06 time, higher YoY. - The

68.50 million baht. In addition, the Company repaid some loans to the financial institutions, resulting in a decline in long-term loans from financial institutions. Hence, the debt to equity ratio dropped

or 1.08% from the level seen as of December 31, 2018. The debt to equity ratio stood at 0.12 times and the current ratio was at 2.36 times. - The shareholders’ equity stood at 1,524.12 million baht

was due to the fact that the Company repaid some loans to the financial institutions as well as financial leases for the total of 16.32 million baht. Hence, the debt to equity ratio stood at 0.13 times

31, 2019 because of the borrowing from financial institutions. The debt to equity ratio stood at 0.19 time and the current ratio was at 2.88 times. - The shareholders’ equity amounted to 1,427.88

(THB) 0.43 0.25 0.85 +0.19 (0.42) Core EBITDA/T ($) 94 92 115 2% (18)% Operating Cash Flow5 300 340 385 (12)% (22)% Net Operating Debt to Equity (times) 1.32 1.35 0.65 (2)bps +67bps * Integrated Oxides

0.4 Return on Fixed Assets (%) 11.4 11.0 Asset Turnover (Time) 0.5 0.5 Leverage Ratio Debt to Equity (Time) 1.1 1.0 Interest Coverage Ratio (Time) 0.6 1.3 23 ASIA’S BOUTIQUE AIRLINE Glossary https

operating cash flow and additionally from proceeds of land sold. Employee benefit obligation increased due to higher retirement compensation rate stipulated by new law. The shareholders’ equity at the end of

Income Ratio (percent) 40.32 39.44 0.88 41.54 (1.22)  Impairment Loss on Loans and Debt Securities During the second quarter of 2017, KBank and our subsidiaries had Baht 10,626 million of impairment loss