from Bt156 in 2Q20 to Bt157 in 3Q20 as a result of price adjustment. Price competition had resulted in postpaid ARPU dilution, -4.8% QoQ to Bt498. Overall, blended ARPU declined to Bt237 or -6.8% YoY and
Baht 6.7 million according to the increase in revenue. Receivables under finance lease decreased by Baht 103.6 million from the adjustment of exchange rates and cash received during the period
competition improved from previous year with price adjustment seen in 1H19 in both postpaid and prepaid segments. However, prepaid unlimited data plans has re-emerged in 2H19. Bundling attractive discounts on
percent due to a decrease of Baht 32.6 million in cash and cash equivalents, receivables under finance lease decreased by Baht 128.9 million from the adjustment of exchange rates and cash received during
translation adjustment and cash & cash equivalents of subsidiaries which classify as assets held for sale MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 15 MAY 2019 U CITY PCL 1Q 2019 - MD&A (for three-month period
amortisation 461 474 (3%) Interest income (0) (0) 96% Finance costs 267 237 11% Unrealized loss (gain) on exchange rate (531) (437) 18% Gain on adjustment in value of securities 1 - 100% Bad and doubtful debts
) (453%) (Gain) loss on exchange rate on debt to equity Conversion - (79) (100%) (Gain) loss on adjustment in value of securities (1) (1) (38%) Bad and doubtful debts expense (Reversal of) 63 (145) 329
and at end of this year) / Operating Revenue (Annualised) 643 141 (369) 407* 822 Beginning cash (31-Dec-18) CFO CFI CFF Ending cash (30-Jun-19) *Included translation adjustment of THB 2mn (THB mn
(628,140) 238,487 (363%) Loss (gain) on adjustment in value of securities 4,634 2,188.00 112% Gain from compromise debt (84,615) - - Bad and doubtful debts expense (Reversal of) 11,691.00- 1,620 (822%) Loss
1,402.06 million. The main reasons were from dividend income in the amount of Baht 2,096.16 million and exchange rate adjustment in the amount of Baht 1,101.04 million. On the other hand, the share of profit