. - Other liabilities consisted of bank overdrafts form financial institutions, deferred tax liabilities, employee benefit obligation. Please be kindly advised. Yours sincerely, Abico Holdings Public Co., Ltd

factors in the increase was (1) an increase in short term borrowing from financial institutions for the purpose of payment of shareholder dividend and (2) increased trade and other current payables due to

factors in the decrease was (1) reversal of provisions for decommissioning costs and (2) a decrease in short term borrowing from financial institutions. Shareholder Equity As of 31 December 2017, and 30

41.9 Mn or 3.6%. The main factors in the increase was (1) an increase in short term borrowing from financial institutions of THB 142.8 Mn and (2) increased trade and other current payables of THB 122.4

April 1, 2018 to September 30, 2018 net profit, a decrease in full in long-term loan repayment to financial institutions by Baht 40.36 million, and a Baht 45.24 million decline in trade and other payables

has considered that the transaction is reasonable and beneficial to the Company. Loan conditions from RPT are better than loans offered by financial institutions. GFPT PUBLIC COMPANY LIMITED PLANT: 209

due to a decrease in interest paid on bills of exchange and borrowings from financial institutions. 2.4 Other expenses The Company’s other expenses in 2019 were Baht 448 million, a decrease of 4% from

Financial cost in 2019 was Baht 33.7 Million increased by Baht 3.1 Million or 8.3% from 2018, as a result of loan repayment to financial institutions in 2018 and the decreased interest rate in 2019. Net

Loan to Value regulation or “LTV”. Moreover, the household debt has been steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions

44.3%. The main factor in the decrease was repayment of loans from financial institutions. 7 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02