Re: Allocation of Cash Flow under Securitization Program and Reporting on Transfer of the Remaining Assets and Benefits of Special Purpose Vehicles

marketing expenses. As a percent of total revenue, selling expenses remained stable at 3.4% during both 2017 and 2018. Administrative Expenses Administration costs increased from THB 423.5 Mn in 2017 to THB

has increased by 1.25mb or 57.3% to 3.43mb (Q1 2018 : 2.18mb) as a result of better returns from our investments, as well as improvements in surplus cash management where we have invested surplus cash

. enjoyed continually high loan growth. In addition, Muang Thai Life Assurance PCL retained its leadership in the bancassurance business, holding the second largest market share in total premiums. To secure

1 1Q18 MD&A Advanced Info Service Plc. Executive Summary Expand into potential growth areas of enterprise and mobile money AIS has executed two strategic deals totaling Bt4.2bn of cash transactions

value-added services and innovative products tailored to customer demands for fast, stable internet, along with enhanced home experiences through content bundles and IoT add- ons. Enterprise services have

% at constant FX rate. However, the reported numbers showed stable growth due to the unfavorable FX impact. Beverages Segment Domestic beverages net sales were at THB 4,388 million, THB 171 million

Exchange of Thailand Business Overview In the year 2018, the Thai economy remained stable with the volatility of global economy including the impact of the trade war between the United States and China

financial structure remained strong and stable with cash and cash equivalents, including short- term investments of THB 1,059.9 million, decreased from 2016 by THB 132.1 million because the expanding of the

. Page 5 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 31 March 2018 31 December 2017 % Change Cash and cash equivalents 426 100 +324% Trade receivables 826 781 +6