the latest financial statement that may affect the financial status and operating results of the Company. • There was no effect from the shareholding restructure of group companies to the operating

its subsidiaries financial statement for 1st quarter ended as of March 31, 2017, which details are as following; Results Q1/2017 Q1/2016 Increase (Decrease) Million Baht Million Baht Million Baht

2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 KEY FINANCIAL RATIOS 1 Excludes the impacts of COMASS’s statement of financial position consolidation 2 Calculated from operating

growth for the Group in the year , as previously described in last year . Financial position Statement of Financial Position – Consolidated (Million Baht) As at Increase (Decrease) % June 30, December

, which were recorded as interest expenses in the income statement after the opening but were recorded as cost of construction in the second quarter of the previous year according to accounting standard

Equity holders of the parent company was 706.19 million Baht, decreased by 29.25 million Baht or 3.98% compared to the first half of 2016. Income statement (MB) 1H/2016 1H/2017 Increased (Decreased

or 48.9% in me for Q2/2 9.5 percent baht or an in er income outside. vables equa of 2017, the was 532.0 the same om accoun he revenue al revenues. or an decre statement o with the Co bt in the 6 2017

gro 45.5 million b ious year. W ease by 353. of the Compa ess. d Administrat any incurred 91.7 million to the previo 016.1 million year. The ma tion, rental e on expenses of Statement cash equiva d

subsidiaries financial statement for 2nd quarter ended as of June 30, 2017, which details are as following; Results Q2/2017 Q2/2016 Increase (Decrease) Million Baht Million Baht Million Baht Percentage Total

by using such basis for the financial statement ended June 30, 2017 is the value derived from the consideration paid basis, which equals to 32.53 percent. In this regard, the Company and the Subsidiary