the net income and the changes in assets and liabilities from operations 2) Net cash used in Investment Activities amounted to 1,922.42 million Baht. This was mainly due to the investment in fixed
Interest, Tax, Depreciation and Amortization (EBITDA) In 2019, the Company has earnings before interest payable, tax, and depreciation (EBITDA) pursuant to the Financial Statements in the amount of THB 691
interest income of THB 8 million. The Company had cash flow spending for financial activities of THB 25 million, which was spent for financial lease and interest payment. P a g e | 13 - Management Discussion
1 1. ANALYSIS OF FINANCIAL PERFORMANCE In 2018, East Water Group had total consolidated sales and services income of 4,220.99 million Baht, decreased by 87.05 million Baht or 2.02% compared to 2017
GLOW amounting Baht 152 million and the non-controlling interest of Baht 5 million. Adjusted Net Income Note: 1. From the second quarter of 2019, the company has changed the classification of operating
organizing concerts 5.61 73.53 - - Sale income 2.02 26.47 - - Total income 7.63 100.00 0.51 100.00 Cost of co-production rights - - - - Revenue from organizing concerts (4.01) (52.56) - - Selling cost (1.13
10 years and a maturity date in 2028, and bear a fixed interest rate of 4.50 percent per annum. Payment under the notes is guaranteed by the Company. The net proceeds from the issue of the new notes
) (99)% 628 (160) (492)% Extraordinary income/ (expenses) 3 770 588 (194) 496% 1,649 4,037 (59)% Net interest (1,341) (1,293) (854) 57% (4,467) (3,631) 23% Profit before tax 3,836 3,006 6,722 (43)% 27,264
debt to equity (times) 0.65 0.60 Debts with fixed interest % 55% 49% Credit Rating by TRIS AA- AA- 1 Net debt after debt for capex and investments in progress that are not generating revenue and earnings
with fixed interest % 66% 58% Credit Rating by TRIS AA- A+ 1 Net debt after debt for capex and investments in progress that are not generating revenue and earnings as on date given Figure 7: Repayment