Company, including being responsible for and approving all risk matters and will also be a member of the Risk Management Committee and all its sub-committees as well as the Debt Recovery Committee and the

Cycle (Days) 36 43 Total Debt to Equity Ratio (Times) 0.45 0.51 Interest Coverage Ratio (Times) 136.93 72.99 Debt Service Coverage Ratio (Times) 80.13 56.23 - 9 - (3) Asset Management Capability (3.1

Corporate Group for the 9-month period would be Baht 446.70 million or an increase of 33.26 percent. Details of the changes or impacts are described in the Management Discussion and Analysis (MD&A) as

was the main balance in total current assets, the management still believes that the Company could collect debt from the main customers based on the past experience. 3. Summary of financial position of

รวมทั้ง ใหเ้ปิดเผยขอ้มูลค าอธิบายและการวิเคราะห์ของฝ่ายจดัการ (Management Discussion and Analysis: MD&A) ส าหรับงบการเงินรายไตรมาสล่าสุด และผลการด าเนินงานสะสมตั้งแต่ตน้ ปีบญัชีถึงไตรมาสล่าสุดดว้ย 2

subsidiary companies are established to provide the following services in relation to real estate development: 1) Community management 2) Management of residential property for rent 3) Parking space management

(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the Quarter Ended on March 31, 2018 1 Significant events On March 30, 2018, Bangkok Expressway

(Translation) Bangkok Expressway and Metro Public Company Limited Management Discussion and Analysis for the Quarter Ended on June 30, 2018 1 Significant events 1. On March 30, 2018, Bangkok

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

generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 33 shopping malls with the net leasable area (NLA) of approximately 1.7 mn sqm