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
line with the corporate budget plan and the corporate strategic plan; (3) allocation of sufficient human resources for the information technology function, for example, arrangement or development of
company in capital market under this Chapter only if it complies with the following rules: (1) having paid-up capital of not less than 2 million Baht; (2) having clear, thorough and sufficient criteria and
) the offer for sale of the structure notes may cause damage or unfairness to investors in general, or the investors may not have received correct or sufficient information to support their investment
securities may affect the overall credibility of the Thai capital market; (4) the offer for sale of securities may cause damage or fail to provide overall investors with fairness or accurate or sufficient
sufficient fund to remain its business operation. Debt to equity ratio improved to 0.92 times due to the repayment of long term debt and the net debt to equity ratio (debt after deduction of cash and short