derived from a decrease in short-term investments Cash flows from financing activities As of 31 March 2018, the Company and its subsidiaries have cash flows used in financing activities at the amount of
MD&A Q4_2018 (Eng.) February 21, 2019 Subject : Yearly Management Discussion and Analysis of 2018 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements
MD&A Q1_2019 (Eng ) May 2, 2019 Subject : Interim Management Discussion and Analysis of Q1/2019 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements of
fund. In 2019 GC had a current ratio at 1.51 times compared to 1.43 times of ending 2018, which was due to the drop in both short-term loan from financial institutions as well as trade accounts payable
MD&A Q2_2020 (Eng ) July 31, 2020 Subject : Interim Management Discussion and Analysis of Q2/2020 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements
working capital management to reduce the cost of fund. In Q3/2020 GC had a current ratio at 1.28 times compared to 1.51 times of ending 2019, which was due to the rise in both short-term loan from financial
SHR MD&A EN Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 1 of 8 August 13, 2020
32 and TFRS 9) and leases standard (TFRS 16): Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page
from increase the right-of-use assets as a result of the adoption of the new financial reporting standard in year 2020 and increase investment in technology and information system. 2. Total liabilities
right-of-use assets as a result of the adoption of the new financial reporting standard in year 2020 and increase investment in technology and information system. 2. Total liabilities increased 31,457,336