they were in term of short-term liabilities. The major liabilities were short-term loans from financial institutions, bank overdrafts, and trade accounts payable. Shareholders’ Equity: As of 30 June 2020

those of 31 December 2017. Major change in liabilities is trade and other payable and the main items are raw material trade payable and accrued expenses. Shareholders’ Equity As of 30 June 2018

loans 0 229 (100) Trade and other payable 12,899 10,480 23.1 Others 2,438 2,835 (14.0) Total Liabilities 15,337 13,544 13.2 Total Shareholders’ equity 33,177 32,474 2.2 Total Liabilities and shareholders

compared to the end of the prior year. It decreased mainly from trade and other payables. Total shareholders’ equity was reported at THB 871.5 million, decreased by THB 8.1 million or 0.9% when compared to

%) Total non-current assets 731.87 648.24 83.63 12.90% Total assets 1,497.48 1,358.96 138.52 10.19% Liabilities and shareholders’ equity Current liabilities Trade and other payables 344.68 162.74 181.94

shareholders’ equity Current liabilities Trade and other payables 344.68 162.74 181.94 111.80% Current portion of long-term bank borrowings 41.52 45.02 (3.50) (7.77%) Current portion of finance lease liabilities

26.12 (7.51) (28.75%) Total non-current assets 754.64 648.24 106.40 16.41% Total assets 1,329.76 1,358.96 (29.20) (2.15%) Liabilities and shareholders’ equity Current liabilities Trade and other payables

decrease of short-term loans from banks, long-term loans and trade account payables. Shareholders’ equity Total shareholders’ equity as at 31 December 2019 were Baht 2,446 million, a decrease of Baht 60

was mainly due to the decrease of short-term loans from banks and trade account payables. Shareholders’ equity Total shareholders’ equity as at 31 March 2019 were Baht 2,616 million, a decrease of Baht

due to the lower trade accounts receivable. 4 The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 30 June 2019 31 December 2018 Trade account receivables