portion of the agreement as a payment guarantee and to improve the debt collection period in order to reduce the risk of debt repayment in the future. 4. Are the following transactions considered as a

. Cash cycle The cash cycle for the year ended December 31, 2019 and 2018 was 6.9 days and -3.3 days, respectively, driven by longer average collection period from 19.2 days to 22.0 days, higher inventory

(มหาชน) Bangkok Chain Hospital Public Company Limited Financial Ratio For the year ended 31 December 2019 2018 Current Ratio (times) 1.4 1.5 Average Collection Period (days) 68.4 58.0 Average Payables

Cash-to-net profit (%) 50.1% 82.8% Account receivable turnover (times) 4.9 4.2 Net profit (excl. NCI)2 (%) 36.8% 20.0% Average collection period (days) 74.6 87.9 Return on equity3 (%) 40.3% 35.4% Payable

the overdue less than or equal 3 months, the collection was made for some items and for the overdue longer than 6 months, the outstanding amount is fully settled in August 2017. Unbilled Receivables Due

EBITDA (%) 40.4% 45.4% Quick ratio (times) 0.8 0.7 Cash-to-net profit (%) 99.2% 96.4% Account receivable turnover (times) 4.9 4.3 Net profit (excl. NCI) (%) 23.9% 20.3% Average collection period (days

to acquire high-value customers such as a collection of Bt650 entrant fee. However, ARPU of existing fibre users continued to improve to Bt637, up from Bt600 in 2Q17, following expiration of discounted

collection of food center, restaurants and supermarket at a single location) at CentralFestival EastVille, CentralPlaza Chaengwattana, CentralFestival Phuket, and CentralPlaza Bangna. Hotel business revenue

) 2.4 3.1 Net profit (after MI) 2 (%) 13.9% 23.7% Average collection period7 (days) 77 69 Return on equity3 (%) 11.1% 17.4% Payable days (days) 124 145 Efficiency Ratios Leverage Ratios Return on assets4

) 4.9 4.3 Net profit (excl. NCI) (%) 16.3% 18.5% Average collection period (days) 74.6 84.3 Return on equity* (%) 40.3% 24.2% Payable days (days) 100.8 96.3 Efficiency Ratios Leverage Ratios Return on