loan and the Hua-Pha-Way Kiln 7 loan continue to be repaid. Shareholder equity reduced with the lower net result and reduced current assets. Financial Position Summary as of 31 December 2019 compared to
& Shareholders’ Equity Current assets have decreased largely due to reduced inventory predominantly fuel as it is used in production. Non-current assets have decreased in line with depreciation with no major
. Total liabilities decreased by Baht 2,117.7 million mainly from decrease in trade account payable, bank loan and debentures. Total shareholders’ equity increased by Baht 319.2 million due to profit
has agreed to enter into the debt to equity conversion scheme in the amount of THB 39,999,999.60 and the Company will further pay Mr. Chanet for the loan in the amount of THB 40,000,000.40 in cash, as
underperformance of the car industry was consistent with the economy-wide economic slowdown and the credit tightening by financial institutions following signs of deterioration in loan quality. In the equity market
, including property tax of THB 64mn and loan repayment of THB 12mn. Total equity was THB 13,113mn, increasing by THB 7,188mn or 121.3%, due mainly to an increase in share capital received in advance from
amounts of 25.26 Million Baht, loan from financial institution or/ and from the heads quarter in approximately 265 Million Baht. There will no impact on shareholders’ benefits. If the Company drawdowns loan
from the heads quarter in approximately 265 Million Baht. There will no impact on shareholders’ benefits. If the Company drawdowns loan from financial institution, debt to equity ratio will be increased
the transfer of equity in the Target Company from the Seller to the Purchaser. The repayment of the loan is with a value of not exceeding USD 100 million or not exceeding Baht 3,164 million1. The total
in Oct 2017 Net Operating Debt/Equity: 0.39 times LT Loan Debenture LT Loan 1.6 2.5 1.3 0.9 0.4 1.4 0.2 Net Operating Debt Non Operating Capex(1) Net Debt Cash and Cash under Management Total Debt 2.9