not able to cover selling and administrations expenses of the Company. In addition, in 2017 the company had realized gain from debt restructuring by converting major portion of trade debts into equity
portion of trade debts into equity and gain form exchange rate which those non-cash revenues were high at Baht 1,045 million while this year the company has such non-cash gain only Baht 225 million. From
Equity 26.6% 2.4% 71.0% 36.1% 2.5% 61.4% 1,631 2,002 5 MD&A 2Q 2017 (Ended 30 June 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 AGEING OF TRADE RECEIVABLES (THB mn) 31 DECEMBER
overdrafts and short-term loans 215 229 (5.9) Trade and other payable 11,022 10,480 5.2 Others 2,394 2,835 (15.6) Total Liabilities 13,631 13,544 0.6 Total Shareholders’ equity 33,110 32,473 2.0 Total
/ (Decrease) Total assets 634.66 635.29 0.63 0.10% Total Liabilities 84.21 78.39 (5.82) -6.91% Total Equity 550.45 556.90 6.45 1.17% Total assets Total assets were mainly consisted of cash and cash equivalents
compared to the end of the prior year. It decreased mainly from trade and other payables. Total shareholders’ equity was reported at THB 851.3 million, decreased by THB 23.2 million or 2.6% when compared to
represented at THB 70.7 million, decreased by THB 12.4 million or 14.9% when compared to the end of the prior year. It decreased mainly from trade and other payables. Total shareholders’ equity was reported at
of 13% compared to the total liabilities as at 31 December 2018, which was Baht 6,364 million. The decrease was mainly due to the decrease of trade and other payables. Shareholders’ equity Total
-term loans and trade and other payables. Shareholders’ equity As of 31 December 2018, the Group’s shareholders’ equity is Baht 2,506 million, decreased by Baht 214 million or 8% compared to the total
1,536.12 1,358.96 177.16 13.04% Liabilities and shareholders’ equity Current liabilities Trade and other payables 385.98 162.74 223.24 137.18% Current portion of long-term bank borrowings 40.08 45.02 (4.94