. Management Discussion and Analysis 3.1. Selected Financial Position and Operating Results 3.2. Cash Collection from NPLs and NPAs Management Businesses 3.3. NPLs by Portfolio Concentration 3.4. NPAs

31 Mar 17 Return on Equity (%) 16.5% 18.9% Return on Assets (%) 12.7% 14.4% Collection period (days) 78 79 Inventory Days 46 44 Account Payable Days 91 101 Cash Cycle (days) 33 22 Leverage & Financial

supporting the collection and assessment of customer information for Bitkub to operate its business efficiently. DAB Act S.30 Settlement Committee Meeting No. 7/2021 Settlement Committee Order No. 2/2021

% from AEON Insurance Service (Thailand) Co., Ltd. and collection service income of 234 million baht, increasing by 12% from last year from ACS Servicing (Thailand) Co., Ltd. accordingly and others. The

4.71 Average debt collection days 83 79  Current ratio was 5.54 times, lower than that of the year 2017 which was 7.63 times, due to purchasing raw materials increased.  Quick ratio was 3.38 times

adequacy Description units As of 31 December 2017 2016 Current Ratio times 7.63 4.27 Quick ratio times 4.47 2.82 Inventory turn over times 4.71 4.76 Average debt collection days 79 80  Current ratio was

systems related to receiving and handling complaints, channels to communicate with customers as well as the number and ability of personnel for Bitkub to operate its business efficiently. DAB Act S.30

provided the collection and assessment of customer information (Know Your Customer / Customer Due Diligence) (KYC/CDD) systems for Satang to operate its business in accordance with relevant laws, regulations

) 97.56% 97.25% 97.07% 96.55% Remark: Debt collection rate (%) refers to the percentage of the Company's ability to collect the debt. In case a collection of 97.2% means debt 100 Baht, the Company can

(Thailand) Co., Ltd. and collection service income of 266 million baht, increasing by 14% from last year from ACS Servicing (Thailand) Co., Ltd.  Expenses The Company’s expenses mainly consist of operating