, and the Group has gain on disposal of fixed asset amounting to 3.23 Million Baht in Q1 2017. While in Q1 2018 the Group has interest income 0.71 Million Baht and gain on short term investment 0.20

65.49 Total non-current assets 457.80 358.23 99.57 27.80 Total assets 937.14 729.13 208.01 28.53 Liabilities and equity Current liablilities Bank overdrafts 34.55 - 34.55 100.00 Trade and other payables

liabilities 5,556 6,364 (808) (13%) Total shareholders’ equity 2,232 2,506 (274) (11%) Liabilities Total liabilities as at 30 September 2019 were Baht 5,556 million, a decrease of Baht 808 million or a decrease

. The majority of total assets consist of cash and equivalents, short-term investments, trade receivables, and other receivables, property, plant and equipment and intangible assets because of the new

% (106) 46 -328% Profit (loss) attributable to equity holders of the parent*** (143) 28 -609% (273) 286 -195% %Net Profit Margin (9.8%) 1.8% - (5.1%) 4.8% - Depreciation and Amortization 50 44 +15% 231 181

2018 FINANCIAL POSITION ASSETS ASSETS BREAKDOWN 31 MARCH 2017 31 DECEMBER 2017 (Restated) (THB mn) % out of total (THB mn) % out of total Cash & cash equivalents and short-term investments 1,210 15.2

LIABILITIES AND EQUITY BREAKDOWN 31 MARCH 2017 31 MARCH 2018 (Restated) (THB mn) % out of total (THB mn) % out of total Short term loans 778 9.7% 230 2.4% Trade & other payables 536 6.7% 285 3.0% Accrued

48,201 46,018 46,319 Total liabilities million baht 14,260 13,544 14,428 equity’ Total shareholders million baht 33,941 32,474 31,891 Registered capital million baht 1,259 1,259 1,259 up capital-Paid

launch, Saraburi Quicklime Entire Business Transfer to Golden Lime). The headwinds Golden Lime faced in 2019 were multiple : weak steel segment, a comparatively short sugar season due to draught conditions

further BOI tax optimization. Net income was slightly down year-on-year given the higher depreciation and financing cost, despite the improvement in EBITDA 3.2. Assets, Liabilities & Shareholders’ Equity