Income 102.17 0.51 106.76 0.57 (4.59) (4.30) Lease Liabilities 355.75 1.79 - - 355.75 100.00 Provision for Employee Benefit 558.65 2.81 551.45 2.93 7.21 1.31 Other Non-Current Liabilities 14.36 0.07 15.43

portion 11,190.4 11,252.4 (62.0) 17 ASIA’S BOUTIQUE AIRLINE As at March 31, 2020 As at December 31, 2019 Variance Employee benefits 975.1 956.6 18.5 Deferred tax liabilities 3,179.0 5,060.0 (1,881.0) Other

, increasing +4.6%YoY due to increase in bad debt provision from NBTC credit term expansion policy, and –19%QoQ due to employee remuneration in 4Q19. Net FX loss was Bt422mn in 1Q20, turned negative, compared to

this regard, there shall be no more than 10% of total votes of shareholders who attend the meeting and vote against such offering. 3 This means the offer for sale of shares under the employee stock

entrusted to sell or redeem investment units, as the case may be, of mutual fund; “Staff” means any staff and employee of the management company and shall include managing director or equivalent which is

for warranty 0.73 0.11% 6.89 0.91% 3.90 0.83% 6.11 1.24% Obligation under finance lease 0.76 0.11% - 0.00% - 0.00% - 0.00% Employee benefit obligation 13.81 2.07% 15.54 2.06% 10.13 2.16% 7.07 1.43

PowerPoint Presentation THE INNOVATIVE POWER FLAGSHIP OF PTT GROUP MANAGEMENT DISCUSSION & ANALYSIS MD&A Q3/2019 PAGE 1 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3 2019 On the 9th October, after Global Power Synergy Public Company Limited (GPSC) (‘company’) have finished the Rights Offering process of Baht 74,000 million and has allocated the not exceeding 1,321,428,571 newly-issued ordinary shares to the shareholders of the Company at the offering price of Baht 56 per share. As a result, the com...

10,554 11,357 11,438 Non-current provision for employee benefit 18,665 15,292 15,912 21,263 Total Non-Current Liabilities 266,953 512,033 609,737 566,457 Total Liabilities 1,214,697 1,353,868 1,371,977

payment in the amount of Baht 5,001 million. Fifthly, the reversal of the gain from the valuation of available-for-sale investments and the loss on remeasurements of post-employee benefit obligations were

compared to the year 2017. Total operating expenses were included employee benefit expenses, fee and service expenses, financial costs and other expenses. LH Financial Group Public Company Limited Management