due to THB appreciation against EUR and GBP • Net debt to equity ratio as of 30 June 2019 was 0.56x, comparing with 0.55x at the end of last year SIGNIFICANT EVENTS 4 major renovation works of Vienna

and doubtful debt. 19 ASIA’S BOUTIQUE AIRLINE Finance Costs Finance Costs consist of lease payments under the Sub-lease Agreement from the Samui Property Fund (SPF) for Samui Airport which include the

), outsources and doubtful debt. 19 ASIA’S BOUTIQUE AIRLINE Finance Costs Finance Costs consist of lease payments under the Sub-lease Agreement from the Samui Property Fund (SPF) for Samui Airport which include

half of 2019, two ATR72-600 under commercial loan agreement were delivered while three ATR72-500 were disposed. 3. In 2019, the Company had total 27 Codeshare airline partners .The Company signed

investment agreement, along with the purchase of IPO shares. Furthermore, the Natural Resources Business recorded a gain from foreign exchange forward contract at THB 82 million. Other Important Events in the

decline could be attributed to an increase of Baht 1,493 million or 16.36 percent in our impairment loss on loans and debt securities to cope with economic uncertainties. Operating profit before provision

could be attributed to a decrease of Baht 221 million, or 2.08 percent in impairment loss on loans and debt securities and an increase of Baht 835 million, or 2.13 percent in net operating income which

recognizing gross profit from 3 of GLOW’s IPP plants of Baht 1,541 million. As for Sriracha Power Plant, gross profit increased by Baht 37 million due to lower maintenance cost from Long Term Service Agreement

that may be materially misleading. 2. The Company’s indebtedness 2.1 The total amount of issued and unissued debt instruments resolved by the shareholders’ meeting with authorisation to the Board of

related to concession agreement 2.2 Liabilities As of September 30, 2019, the Group had total liabilities of Bt9,337.2 million, increasing by Bt899.8 million or 10. 7% from December 31, 2018. The total