advance. As of 30 September, 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.39 times as a result of lower debts and higher equity. Shareholders' Equity As of 30 September, 2017

the economic conditions at the time and current cash collection efficiency. As of 31 December 2019, BAM has net book value of loans purchased of Baht 77,374.66 million against appraisal value of NPLs at

accounting for 14.4 percent of total revenue. This was due to the improved efficiency in debt collection and the management of non-performing debt of the Company has been trusted by financial institutions. The

10,791.2 6,342.3 11,914.4 Bangkok Commercial Asset Management Public Company Limited Page 4 management business4 Remark 1 “ Interest income from loans purchased” and “gain on loans purchased” are presented

flow from operations and as the Company repaid the long-term loan in advance. As of March 31, 2018, Net Interest-bearing Debt to Equity improved from 0.31 to 0.25 times as a result of lower debts and

operations and as the Company repaid the long-term loan in advance. As of 30 June 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.37 times as a result of lower debts and higher equity

resin purchased (TR) . 7. Share of profit (loss) from investment in associated company For Quarter2 of the year 2019, Share of profit from investment in associated company was 4.92 million baht decrease

was 0.39 million baht compare to 0.32 million bath last year, increase by 0.07million baht or 21.87% increased due to the payment through banking of plastic resin purchased (TR) . 6. Share of profit

43.84% of total shares, but due to capital reduction in August 2017, NCLcurrently holds 75.35% of total shares. After becoming the major shareholder, NCL improved SSK business strategy, resulting in

capacity utilization at all PCB facilities during the first quarter, while defect rates gradually improved and several cost reduction initiatives were taken up. In addition, the THB depreciation and a