by Baht 8 .39 million; this mainly comes from 1 .The group recovered bad debt in 2017 of Baht 3.62 million which leads to expense decreasing in 2017. However, there is no recovered bad debt in 2018. 2

some money paying for some part of debts of Krung Thai Bank Public Company Limited (“Krung Thai”) equal to 103,420,000 baht from the total debt 137,492,733.11 baht base on 26 August 2019. The capital is

31.82 million bath or 15.69% decreased due to the main reason that the company has completely paid off foreign debt on September 20, 2019 with the amount of 24.62 million baht. Result in reserve cash

million at the end of 2019 to Bt5,160 million as of March 31, 2020; short-term debt as well as the long term loan decreased due to increased cash flow from operations; trade and other current payables

and the full debt settlement must be made accordingly. 1.3.2 Case 2: Filing a lawsuit based on a Program Publicizing Right Permission (Movies Right) Contract. In this case, both parties could compromise

Liabilities Total liabilities increased from Bt4,739 million at the end of 2019 to Bt5,574 million as of June 30, 2020. An increase was due mainly to an increase in short-term debt of Bt1,445 million due to

debt-free status, as there was no interest-bearing debt in the balance sheet, thanks to efficiency in operating cashflow management. Shareholders’ Equity Total equity as of June 30, 2020 was Baht 6,768

. Subsequently, the Court issued the judgment indicating the Company wins the case and the full debt settlement must be made accordingly. 1.3.2 Case 2: Filing a lawsuit based on a Program Publicizing Right

percent compared to the same period of last year. Increases in such expenses resulted the Company has set aside allowance for doubtful accounts. For debtors who have tracked debt and overdue debt. The

September 25, 2019, the Appeal Court has modified decision by ordering the Company to make debt settlement in the form of short-term bills of exchange in the amount of Baht 350.00 million and defaulted