liabilities as at March 31, 2019 decreased from the end of year 2018 by Baht 188.56 million or 17.76 percent, due to the decrease in short-term loan of Baht 133 million and increase in financial lease
the same period last year. This was the result of loan repayments/prepayments during FY 2018 and 1Q 2019, partially offset with the new loan facilities related to the arcona hotels acquisition. Reported
that the Company has repaid the loan since late year of 2016. In addition, TRIS rating announced the company rating of WHA at “A-” with “Stable” outlook in the fourth quarter in 2017, resulting in
loss on exchange rates from foreign-currency loan and interest expenses of Dusit Fudu Hotel Management (Shanghai) Company Limited in China even though the hotel operational performance has been improved
the decrease in short-term loan of Baht 189 million and decrease in other current liabilities of Baht 4.79 million but there was an increase in trade accounts - 5 - payable and other accounts payable of
equivalent and intercompany loan. According to the information from the financial statements year ended 31 December 2017, PP1 has the total assets of THB 6,173 million while has cash and cash equivalent in the
undertake the move the Company’s office in the future. 9. Source of Fund 30% is from the Company’s Working Capital, and 70% shall be the loan from the financial institutes. That means the Company shall get
consolidated financial statement after deducting corporate income tax, if there is no other reason such as reserve for loan repayment, business expansion, or the event of changes in market conditions which may
due to short term loan for TTTBB acquisition. Nonetheless, AIS has ample operating cashflow to repay its debt obligation and ensure liquidity is managed efficiently. Leverage Net debt to EBITDA