financing cost stood at 2.80% Net debt to equity ratio stood at 0.16x Capital Structure As of June 30, 2018, CPN reported total interest-bearing debt of THB 12,722 mn, an increase from the balance as of

liabilities due to repayment of long-term loans and current assets increased from increased cash and cash equivalents. Debt to equity ratio was 2.13 times, decreased compared to the previous year from the

associate. This resulted in a decrease in basic earnings per share from Bt1.72 for 2018 to Bt0.80 for 2019. Total Asset Total assets as of December 31, 2019, amounted to Bt16,501 million, consisting of

and develop securities business related to investment management; “debt financing” shall include the issuance of debt instruments or conclusion of any transaction that would result in or is in substance

) Gain from the Creditor waived the debt (624) Loss on confirmed purchase orders of undelivered raw material (Reversal of) 178 Loss from disposal of assets 8 Employee benefit obligations 6 Tax expense 7

assets and return on equity are calculated based on net profit in the last twelve months (3) Interest bearing debt to equity net of cash and cash equivalent and short-term investments Table 4: Key

26,672 32,317 21% Total non-current assets 153,555 196,836 28% Total assets 169,933 216,363 27% Current liabilities Interest-bearing debt - 1 year 8,739 17,024 95% Other current liabilities 12,336 13,592

replacement. 8. Plan for the use of compensation to be received from the disposal of Assets Enclosure Page 11 Currently having debt burdens with financial institutions and short-term loans, totaling Baht 918

on Assets (ROA) (%) 5.64% 6.21% Capital Structure and Debt Ratio Debt to Equity ratio (time) 0.88 0.88 Debt Service Coverage ratio (DSCR) (time) 2.19 2.26 Note: 1) Gross profit and Net profit were

) (%) 14.40% 12.56% Return on Assets (ROA) (%) 6.93% 6.33% Capital Structure and Debt Ratio Debt to Equity ratio (time) 1.00 0.93 Debt Service Coverage ratio (DSCR) (time) 2.37 2.22 Note: (1) Gross profit and