Efficiency Ratio Return on Assets (%) 0.4 1.4 Return on Fixed Assets (%) 11.0 15.5 Asset Turnover (Time) 0.5 0.5 Leverage Ratio Debt to Equity (Time) 1.0 1.0 Interest Coverage Ratio (Time) 1.3 1.2 26 ASIA’S

to lower contribution from GHECO-One. Other Income 2018 2019 Increase/ (Decrease) THB mm THB mm % Dividend and Management income 399.6 540.7 35.3% Others 309.0 436.4 41.2% Total other income 708.6

THB 888.0 mm and issued net additional bond of THB 482.5 mm. As a result, the first quarter of 2020, interest bearing debt of the Company increased by THB 1,370.6 mm for liquidity management and the

standards relating to leases standard (TFRS 16). The total liabilities was THB 12,425.3 million, which consists of interest-bearing debt in amount of THB 8,078.4 million. The ratio of interest-bearing debt to

Public Company Limited (“NEWS”), an existing shareholder of GNET, at the price of Baht 865.30 per share, which the total price is 164,403,759.95 Baht and the obligation to repay accrued debt together with

and it was less than 1.75 times for Bond’s policy. This increase in D/E ratio was from funding for the new company’s projects. Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a

increase in D/E ratio was from funding for the new company’s projects. Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 10 2020 Outlook 2020 definitely a very challenge year

the minority shareholders of the subsidiaries have outstanding value of 1,413.05 and 168.43 million baht respectively. Debt to Equity ratio as at and 30th June 2020 and 31st March 2020 were 0.20 and

from the heads quarter in approximately 265 Million Baht. There will no impact on shareholders’ benefits. If the Company drawdowns loan from financial institution, debt to equity ratio will be increased

increased 3.6% from 2015. Debt to Equity ratio of 0.42 times in 2017, dropped from 2016 and 2015 of 0.45 times and 0.43 times, respectively, the level at which signified reasonable capital structure and low