planned. In addition, the continuingly increase of number of tourist arrivals increasing in 3Q19 shows a good sign even if the Baht currency continues appreciating. Unit: Baht million 3Q19 3Q18 Change 9M19
clients, volume from existing IUs started to show the recovery sign with 17% growth in July from monthly average in Q2’2020. Furthermore, the trend of gas price looks favorable to our SPP business with a
on finance cost; and • A 8.0% decrease year-on-year in interest expense from ABPIF from Baht 594 million in 2016 to Baht 546 million in 2017 based on the benefits transferred from the business
increase of 4.5% YoY and 4.4% QoQ in spite of rising network D&A. As a result of recurring tax benefits from investments in 2016 and 2017, effective tax rate stood at 17% in 1Q18. 4 1Q18 MD&A Advanced Info
considered as an operation lease because land is usually given unlimited economic benefits and recorded as the deferred income. Shareholder’s equity As of 31 March 2018, the Company had total shareholder’s
performance is expected to rise from Q3/2018 onwards, as the Company will be able to get more benefits from those investment projects. In the past 3 years, the Company has been building its foundation and
liabilities Provision for long-term employee benefits 39.65 1.68% 36.51 1.55% Total non-current liabilities 39.65 1.68% 36.51 1.55% TOTAL LIABILITIES 735.67 31.19% 677.43 28.68% SHAREHOLDERS’ EQUITY Shareholder
brands and new products launches, together with the impact of additional provision for retirement benefits at the amount of THB 96.8 million recorded in Q2’19 to reflect severance payment of 400 days of
Company had written-off deferred income tax as tax expense for 4.15 million baht because it is expected not to use as tax benefits. Please be informed accordingly Yours Sincerely, AI Energy Public Company
unearned franchise revenue will be recognized as revenue over the 5-year period) and the increase in the provision for long- term employee benefits and the provision for decommissioning. (Note: Unearned