optimization of stock management and the delaying of all but essential capital expenditure, as well as concise management of cash flow, working capital, and financial liquidity has resulted in achieving the
320mTHB purchase of Saraburi Quicklime in 2018. Removing this one off impact we are inline. Investments in capital expenditure have also reduced significantly in stay in business as 30% of the investment is
that bolstered purchasing power. Government expenditure also plays important role in sustaining the economy with fixed expenses continuing to expand in comparison to the same period last year, especially
increase in the first quarter more than offsetting the abovementioned. For the 12 months ended 31 December 2018, capital expenditure for U City was THB 1,480mn, an increase of 190.2% or THB 970mn, primarily
considerably low at 0.27 time, slightly decreased from 0.30 time in 2017. In summary, the Company had appropriate capital structure. Capital Expenditure and Capital Resource In 2018, the Company made an
decreased from 0.27 time in 2018. In summary, the Company had appropriate capital structure. GFPT Public Company Limited Management Discussion and Analysis for the Year 2019 Page 9 of 14 Capital Expenditure
) Interest Coverage = (Cash Flow from Operations + Interest Expenses + Tax) / Interest Expenses 22) Debt Service Coverage = EBITDA / (Debt Payment + Capital Expenditure + Investment in Fixed Assets + Dividend
. Growth is estimated at 4.2% the fastest pace since 2013. The expansion was supported by the speed up in private consumption expenditure, government consumption expenditure, and investment. In the meantime
ASEAN countries. Regarding domestic demand, private consumption expenditure grew at a slower pace amid supports from the government’s economic stimulus measures due to the declining household income and
of 90.99 Million Baht, expenditure of the debt resulted from prosecution of 29.04 Million Baht, general capital impairment loss of 2.86 Million Baht, joint venture capital impairment loss of 0.08