Financial Results 31 March 31 December Liabilities and equity 2019 2018 + (-) % (in thousand Baht) Current liabilities Short-term loans from financial institution 212,503 212,503 0% Trade accounts payable

+ (-) % (in thousand Baht) Current liabilities Short-term loans from financial institution 212,503 212,503 0% Trade accounts payable 1,647,996 2,339,819 (30%) Amount due to related parties - - - Liabilities

or 9%, mainly attributable to increasing of higher accounts payable and decreasing of long term loan from financial institution. Shareholder’s equities As of Jun 30, 2018, the company had total

long-term loan from financial institution in the net amount of AUD 348 million. 5.3.3 RATCH-Australia Corporation Limited, a subsidiary, unwinded its interest rate swap contracts with financial

million, an increase of THB 66 million or 2% from December 31st, 2017, mainly attributable to the increasing of higher accounts payable but offsetting by a decrease in long term loan from financial

loan from financial institution from acquisition of a new subsidiary (BSH15), and (iii) the depreciation of the Thai Baht that affected the Company’s foreign liabilities. Current Liabilities increased

Company emphasizes first and foremost on effective cash management. In the meantime, the Company has requested the support to ease cash utilization from financial institution and its business partners

the adoption of new financial reporting standards, (ii) increase in long-term loan from financial institution from acquisition of a new subsidiary, Prime Area 12 Company Limited (“PA12”) (formerly known

* According to the adoption of Thai Financial Reporting Standard No.9 Financial Instruments since January 1, 2020, the Company reclassified loan from financial institution for the MRT Purple Line Project (the

, changes in consumer behavior from New Normal situation, and uncertainty of household income, as well as, the exaction of financial institution and liquidity of business. Nevertheless, the business sector