of previous year. This was due to (1) Drop of loss on exchange rate of THB 13.90 million due to the fact that the Thai Baht value depreciated against US Dollar and the Company had the foreign trade

the total liabilities as of 31 December 2017. • Current Liabilities increased by THB 86 million due to an increase of THB 269 million in short-term loans from financial institutions. Trade Payables and

War trade crisis between USA and China which were heavy retaliate. China’s currency has weakened to lower than 7 Yuan per 1 USD that is the first time in 11 years after USA announce to increasing the

2018 primarily from higher trade and other payable of THB 698 million. As of 31 December 2019, the Company had total shareholders’ equity of THB 18,023 million, a decrease of THB 280 million (or -1.5

from the slow economic growth of trading partners, the protectionist trade policies between the US and China and the down-cycle of electronic products. In the tourism sector, the number of tourist

contributed during the period in the total amount of Baht 2,362.96 million. 4.1.3 Financial lease receivables from related party decreased in the amount of Baht 808.45 million. 4.1.4 Trade accounts receivable

Engineering Co., Ltd. and Subsidiaries Statement of Financial Position Unit : Baht 31 Dec 2017 31 Dec 2016 Assets Current Assets Cash and cash equivalents 30,716,857.52 3,463,439.72 Trade and other Receivables

542,911 47.3 539,355 46.7 493,237 43.5 503,082 44.4 3,556 0.7 Shareholders’ equity 604,934 52.7 616,692 53.3 640,105 56.5 630,128 55.6 (11,758) (1.9) Total liabilities and shareholders' equity 1,147,845

- net of tax - - - - Total Comprehensive income for the period (7.67) (0.10) (7.57) (7,570.00%) Profit Sharing for the Period - The Company’s Equity (6.63) (0.73) (5.90) (808.22%) - Non-controlling

Company and subsidiaries had total liabilities of Baht 563.47 million, decreased by Baht 59.85 million or 9.60%, the mainly cause from paid to trade account payable during the period. Shareholders’ equity