statements in which the equity method is applied (Unit : Million Baht) Q3/2 019 Q3/2 018 % Chan ge 9 Month 2019 9 Month 2018 % Chan ge Sales and Service Income 533 451 18 1,526 1,369 11 Cost of Sales and

of the above, the interesting bearing debt-to-equity ratio of shareholders and the debt-to-equity ratio of shareholders increased from 0.41:1 to 0.44:1 and from 0.64:1 to 0.70:1 as of 31st December

162.79 155.9 2,262.70 Inventories 34.55 40.75 6.2 17.95 Property, plant and equipment 119.41 120.94 1.53 1.28 Total Liabilities 171.52 171.64 0.12 0.07 Bank overdraft and short-term borrowings from

2,076 189 9.10 Shareholders’ equity 3,626 3,809 (183) (4.80) Assets As at September 30, 2020, the Company and its subsidiaries had total assets of Baht 5,891 million, increased by Baht 6 million or 0.10

High- speed network telecommunications service project ( Broadband) in the area of the 80th Anniversary Chalermprakiat Government Complex of National Telecom Public Company Limited, the Equipment

Lime Public Company Limited 6 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 DECEMBER 2019 3.2. Assets, Liabilities & Shareholders’ Equity Current assets have decreased largely due to reduced

of TTW’s shares, as a result, the interest in the equity of TTW decreased to 18.47 percent. Following this sale, the Company reclassified the investment in TTW from investment in associated company to

novation has no effect to the required Debt to Equity ratio due to the MRTA is fully responsible for the loan repayment according to the concession agreement. Overview Operational Results In the third

& Shareholders’ Equity Current assets have decreased largely due to reduced inventory predominantly fuel as it is used in production. Non-current assets have decreased in line with depreciation with no major

Power Public Company Limited (CKP) to an unrelated company. As a result, the interest in the equity of CKP decreased from 19.34 percent to 17.83 percent. Following this sale, the Company reclassified the