0.11 Financial Policy Ratio1 Total liability-to-equity ratio times 1.43 1.57 2.12 Interest coverage ratio6 times 3.58 5.54 0.37 Debt service coverage ratio (Cash Basis) 7 times 0.07 0.25 (0.02) Dividend

, consumer confidence depression and high level of household debt though, there was some spending of consumer goods from the COVID-19 pandemic distress. However, the government sector has launched remedial

derivatives “obligation” ประเภทและลักษณะของทรัพย์สินที่ข้อตกลงตาม credit derivatives อ้างอิงถึง (obligation category & obligation characteristics) “options” สัญญาที่มีลักษณะตาม (3) ของนิยาม “สัญญาซื้อขายล่วง

In May 2019, Solarwa Project and TPS Commercial Project successfully completed Baht 2,200 million debt refinancing with interest saving rate approximately 2.0% p.a. or Baht 119 million throughout the

of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 4 This IFA report was prepared based on the information gathered from interviews with the

the company still has total of 1,045 MW capacity in the pipeline with the SCOD by 2025 which would raise total capacity by 48% to 3,245 MW by 2025 (based on committed projects and their SCOD). SPP

budget. The projects already contributed Baht 183 million revenue in Q2’19 based on the 20-year PPA with Electricity of Vietnam (EVN) with tariff of USD 9.35 cent per kWh. DT1&2 solar projects and Phu Yen

PROGRESS OF PROJECTS UNDER CONSTRUCTION 3 * primarily include the construction revenue recognizes based on the percentage of completion of hydro power projects in Lao PDR which offset with the construction

indirect connection to the organization’s internal network systems; 4 “cloud computing” means a type of internet-based computing that provides shared computer processing resources and data on demand

with indirect connection to the organization’s internal network systems; “ cloud computing ” means a type of internet-based computing that provides shared computer processing resources and data on demand