857.80 451.33 406.47 90.06% Non-current liabilities Long-term bank borrowings 143.70 188.14 (44.44) (23.62%) Finance lease liabilities 3.48 2.76 0.72 26.09% Employee benefit obligations 7.70 3.92 3.78

was effective from 1 April 2018 onwards. The selling and administration expenses consists of employee benefits, rental, depreciation and marketing expenses were THB 2,925 million decreased by THB 163

Baht 0.48 million. 1.4.2 Administrative expenses Unit : Million Baht Administrative expenses March 31, 2019 March 31, 2018 Increase (Decrease) Amount % Employee expense 5.99 5.63 0.36 6.42 Depreciation

Million Baht, other non-current liabilities of 3.68 Million Baht, liabilities under lease agreement of 5.06 Million Baht and provision for employee benefits of 0.41 Million Baht 2.3 Shareholders’ Equity As

143.70 (10.38) (7.22%) Finance lease liabilities 2.96 3.48 (0.52) (14.96%) Employee benefit obligations 8.05 7.70 0.35 4.55% Other non-current liabilities 17.50 12.10 5.40 44.62% Total non-current

employee retirement 400 days of THB 15 mil (TKS 2 mil, TBSP 13 mil) and the cost of sales TBSP assets of 10 mil. The Company shows %GP at 22.9%, separated into %GP at 27.8% of TKS and %GP at 17.0% of TBSP

Act that requires companies to pay severance payment of 400 days of wages for an employee who is terminated and have services year more than 20 years. This was one-time expense in the Income Statement

expenses of the Company during this period increased by 6.1 percent mainly from higher average market fuel price and additional cost related to employee benefits according to new Labor Protection Act The

employee office for Vanachai Woodsmith Company Limited. The details are as follows; 1. Area rental and office building service on 1,247 square meters has rental and service rate at 350 Baht/square meter

with the amount of 0.55 million baht and the decreased in employee benefit obligation payment at 0.08 million baht. 3. Shareholder equity as of June 30, 2019 with amount of 754.13 million bath decrease