relating to bad debts and doubtful accounts provision,may also affect the supply of NPLs and the strategies and policies of commercial banks relating to their loan and NPL portfolio management. The new Land

was due to our higher requirements for funding from financial institutions for the purpose of liquidity and vertical integrated business expansions. The Group ended up having interest-bearing debts of

, except in the case where the Company undergoes debt restructuring by way of issuance of new shares to repay debts to its creditors under a debt to equity conversion program approved by the shareholders

payment with the Company, except in the case where the Company undergoes debt restructuring by way of issuance of new shares to repay debts to its creditors under a debt to equity conversion program

) Net Debt 4,397 4,050 Non-operating Debt (Project Debt) 1,298 1,220 Net Operating Debt1 3,107 2,830 Net debt to equity (times) 0.92 0.87 Net operating debt to equity (times) 0.65 0.60 Debts with fixed

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

Debt) 1,388 1,220 Net Operating Debt1 3,089 2,830 Net debt to equity (times) 0.94 0.87 Net operating debt to equity (times) 0.65 0.60 Debts with fixed interest % 54% 49% Credit Rating by TRIS AA- AA

to equity (times) 0.45 0.54 Debts with fixed interest % 63% 58% Credit Rating by TRIS (Reaffirmed in October 2017) A+ A+ 1 Net debt after debt for capex and investments in progress that are not

loans given 5 (2) Net Debt 3,287 2,722 Non-operating Debt (Project Debt) 843 764 Net Operating Debt1 2,444 1,959 Net debt to equity (times) 0.71 0.75 Net operating debt to equity (times) 0.53 0.54 Debts

242,032 million, increasing by 40.6%. Deposits comprised of 46.4% of term deposits and 53.6% of current and saving accounts (CASA). Meanwhile, debts and borrowings were Baht 28,887 million, declining by