liabilities of THB 3,462 million, decreased from December 31, 2016 by THB 246 million or 7%, mainly attributable to THB 302 million lower account payable since the company did not need to reserve inventory as

the currency in which any amount payable on the debt securities. In case the payments on the debt securities are payable in two or more currencies, indicate whether any person holds an option to

and postpaid segment. Total liabilities of Bt220,275mn, decreasing 5.4% YoY, was mainly driven by 25% decrease in long-term borrowing at the end of 2019. However, trade payable was Bt22,037mn

% 55.72 2.63% Account payables, trade and others 4.85 0.26% 368.07 17.38% Income tax payable 3.85 0.20% 6.64 0.31% Other current liabilities 0.01 0.00% 9.76 0.46% Total current liabilities 261.68 13.80

long term loan as schedule in an amount of 560.00 million Baht. - Short-term loans from financial institutions were 572.00 million Baht, increased by 267.00 million Baht. - Payable for financial leasing

– 21 Q4 – 22 VS Q4 – 21 (MB) (MB) % Trade and other payables 921.0 790.8 130.2 16.5 Income tax payable 53.3 29.3 24.0 81.9 Contract liabilities 272.9 405.9 (133.0) (32.8) Other current liabilities 66.7

2.55% (1.60) (2.30%) Income tax payable 12.29 0.48% 7.81 0.29% (4.48) (36.43%) Short-term provisions 9.36 0.36% 9.05 0.34% (0.31) (3.29%) Total current liabilities 2,061.82 79.72% 2,164.41 81.25% 102.60

4.53% Current portion of long-term borrowings 18.20 0.70% 15.41 0.58% (2.78) (15.29%) Current portion of lease liabilities  69.56 2.69% 72.10 2.73% 2.54 3.66% Income tax payable 12.29 0.48% 10.55 0.40

Asset Sale and Purchase Agreement, the Company or Subsidiary shall make an Initial Payment equal to 20 percent of the Initial Purchase Price (USD 688 million), payable in 4 instalments based on the actual

the asset value of operating companies of Target Group Hotels and Resorts, their aggregated total asset value as reported in audited financial statements period ended 31 December 2016 is approximately