debts which are debentures amounted Baht 1,701 million, and non-interest-bearing debts of Baht 1,989 million. Total liabilities decreased by Baht 426 million or 10.4% from the end of September 2017

Baht 1,922 million or 52.1% from September 30, 2018. Mainly due to the Company paid all debts effect to no any interest-bearing debts. Shareholders’ Equity Total equity as of September 30, 2019 was Baht

Baht 56.85 million, which increases in the amount of Baht 10.97 million or 23.89% when compared to the same period of the year 2019. This amount includes expenses of write-off the bad debts in the amount

, was mainly from impairment loss on investments in private debts. 11) Interest expenses from consolidated and separated financial statements, decreased from 5.44 million baht to 2.76 million baht

completed segment but not yet completed which those reached the invoice. As the result, Unbilled Receivables increased. The loan to related parties decreased 18.0 MB or 100% due to repayment of loans during

, accounted for 0.32% and 0.84% of total revenues respectively. The decrease in financial cost was due to the repayment of the entire amount of loans from bank in January 2017. Tax Expenses Tax expenses for the

million and THB 3.19 million, accounted for 0.16% and 1.10% of total revenues respectively. The decrease in financial cost was due to the repayment of the entire amount of loans from bank in January 2017

mainly a loan taken to finance the acquisition of the hotel business in Europe and loans taken to acquire the office buildings in London, UK. 1.5 Income Tax Expenses Income tax expenses for the third

decrease in financial cost was due to the repayment of the entire amount of loans from bank in January 2017. Tax Expenses Tax expenses in 2017 and 2016 were 27.90 million and 22.34 million, respectively or

million or 31.83%, mostly from the decrease in current liabilities and non-current liabilities at the amount of Baht 351.41 and 517.18 million respectively, consisted of; 1. Short-term loans decreased Baht