the parties. In this regard, we will start recognizing the EFL sponsorship fees through our consolidated statement of comprehensive income from June 2017 onwards for a total of 36 months in effect

, the highest value of the transaction calculated 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

were Bt9,450mn. 4 3Q17 MD&A Advanced Info Service Plc. Income statement (Bt mn) 3Q16 2Q17 3Q17 %YoY %QoQ 9M16 9M17 %YoY Voice revenue 12,494 11,080 10,351 -17% -6.6% 38,921 32,864 -16% Non-voice revenue

of the parent company was 991.54 million Baht, decreased by 68.82 million Baht or 6.49% compared to the same period of 2016 Income statement (MB) Q3/2016 Q3/2017 YoY % 9M/2016 9M/2017 YoY % Total Sales

fees payable to English Football League paid by ICUK. The Company started to recognize the EFL sponsorship fees through our consolidated statement of comprehensive income from June 2017 onwards for a

2H16 and 1H17. In summary, net cash decrease in 2017 was Bt576mn, resulting in an outstanding cash of Bt10,650mn. 5 2017 MD&A Advanced Info Service Plc. Income statement (Bt mn) 4Q16 3Q17 4Q17 %YoY %QoQ

. Management Discussion and Analysis For the Year Ended December 31, 2017 Page 5 2. Operation performance according to consolidated financial statement Unit : Million Baht Revenue from sale and rendering of

1 1. ANALYSIS OF FINANCIAL PERFORMANCE Income statement (MB) Q4/2016 Q4/2017 YoY % 2016 2017 YoY % Total Sales and Services revenue 1,043.98 1,039.90 (4.09) (0.39%) 4,376.96 4,308.04 (68.92) (1.57

total assets per year of 8.43 percent from the previous year. (2.5) Financial Position Description Statement of Financial Position Increase / (Decrease) As at December 31, 2017 As at December 31, 2016

indicated in the documents published for dissemination of mutual fund rating information, containing essential statement that the information on mutual fund rating should be used only for supplementing the