and -3.3% in 4Q16, due to promotional campaigns in selling handsets with discounts. Net Interconnection charges (Net IC) was Bt34mn, decreasing from Bt94mn in 1Q16 and Bt55mn in 4Q16. Starting from 1Q17
. Net Interconnection charges (Net IC) was Bt56mn, increasing from Bt51mn in 3Q16 but dropped from Bt60mn in 2Q17. SIM & device sales were Bt5,022mn, a decrease of 0.8% YoY and 14% QoQ. In 3Q17, sales
partially replaced by IP calls. Net Interconnection charges (Net IC) were Bt220mn decreasing from Bt285mn in 2016 due to the IC rate adjustment from Bt0.34/minute in 2016 down to Bt0.27/minute in 2017. It is
concerning subsequent issues of other forms or series of debt securities; and g. covenant concerning any right to create additional charges over any of the assets. 2 2. For secured debt securities, other
Krabi Municipality without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s
25-year period started from the date of contract). As specified in the contract, the subsidiary shall transfer building, machine and equipment to Krabi municipality without any charges when the
market items 56 40 16 38.9 Interest on debt issued and borrowings 245 299 (54) (18.0) Fees and charges on borrowings 2 4 (2) (44.0) FIDF and DPA fees 257 210 47 22.5 Others 14 12 2 19.4 Net interest income
was 1.1x while interest coverage ratio stood at 13x. Cash flow In 1H19, operating cash flow was Bt38,000mn increasing 10% YoY from EBITDA expansion and a settlement in international roaming charges. The
% Net profit margin (%) (8.9)% 5.8% 0.1% * Excludes other income and impairment charges, profit/loss from discontinued operation MANAGEMENT DISCUSSION & ANALYSIS 1Q 2018 15 MAY 2018 U CITY PCL 1Q 2018 MD