since the fourth quarter of the year 2017 where the income is equal to the interest expense from the long term loan for investing in the MRT Purple Line. The MRTA is fully responsible for both loan

Agreement + Amount of loan repayment to existing borrowing from financial Institutions of the Target group Hotels and Resorts (if any) × 100 Total Assets of the Company = 11,073,055,000 ×100 40,910,418,544

there was an increase in short-term financing facilities overall financing costs have reduced as the long-term loan is repaid. Income tax was higher due to an increase in the topline and a decrease in the

investment in solar farm project. Golden Lime Public Company Limited 6 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 30 JUNE 2020 On the liabilities side the short-term and long-term borrowing facility

ordinary shares of ACC Green Energy Co., Ltd. (“ACC Green”)at par value Baht 10 per share and to repay the loan that ACC Green has to the company at the total price of 185,000,000 Baht to Mrs. Pranna

55,594 Add Excess allowance for doubtful accounts 70,004 66,047 61,214 Total allowance for doubtful accounts from loan classification 137,711 133,478 116,808 Add Revaluation allowance for debt

repayment. Debt to equity ratio was 1.64, decreasing from previous year, as a result of the decrease in long-term loan and the increase in shareholders' equity. Interest-bearing debt to equity ratio was 0.70

1,369.45 1,149.76 219.69 19.11 Liabilities and equity Current liabilities Bank overdraft 14.21 - 14.21 N/A Short-term borrowing from banks 101.02 59.18 41.84 70.69 Trade and other payables 263.14 286.57

percent. The Company’s net profit margin stood at 27.7 percent. An increase of net profit was a result of the Company has higher revenues from collection of purchased accounts receivables and debt tracking

ACO I subsequently sent a notice requested the Company to repay such debt and notified that if the Company could not send any proposal for loan settlement which is acceptable by ACO I. ACO I would take