support from the new Shareholder, we are positive to be more competitive in term of cost resulting the positive bottom line is achievable. Refer to the HRC price in Q3/17, we have seen the improvement of
ratio was reduced greatly at 4.23 times. Also, interest bearing debt to equity ratio was reduced positively at 2.75 times. This was due to the fact that net loans decreased while shareholder equity
No. 1/2017 24 October 2017* (from 6 October 2017) 5 The Extraordinary General Meeting of Shareholder No. 1/2017 21 November 2017** (from 14 November 2017) 6 Record Date to determine the eligible
one shareholder of NRED with shareholding of 100% of total shares. Remark: This information is from http://www.nomura-re.co.jp/english/outline.html 5. Total value of consideration and conditions on
times. Also, interest bearing debt to equity ratio was reduced positively at 3.6 times. This was due to the fact that net loans decreased while shareholder equity increased. The significant decrease of
10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 Total Assets Total Liabilities Total Shareholder Equity 2016 2017 Unit : THB mm Liabilities As of 31 December 2017, the Company had total liabilities
to equity (x) = Interest bearing debt divided by shareholder’ equities Interest bearing debt to EBITDA (x) = Interest bearing debt divided by EBITDA
+ (-) % (in million Baht) Current portion of bonds 487 510 (5%) Short-term loan from related parties 1,286 1,506 (17%) Short-term loan from other parties 107 107 (0%) Loan from shareholder 4 4 Advances received
%) Loan from shareholder 4 4 Advances received from customers 146 203 (39%) Other payables and accrued expenses 7,342 7,147 3% Accrued interest expenses 5,268 4,937 6% Provisions 367 270 27% Other current
%) Loan from shareholder 4 4 Advances received from customers 62 203 (229%) Other payables and accrued expenses 7,244 7,147 1% Accrued interest expenses 5,322 4,937 7% Provisions 384 270 30% Other current