bonds or corporate bonds offered for sale to institutional investors or high net worth investors; (4) short-term bills; (5) corporate bonds issued by a real estate investment trust which is newly

to partial short-term and long-term loan repayment during the year. Dusit Thani PLC Management Discussion and Analysis 3Q18 and 9M18 P a g e | 6 Net Profit In 9M18, the Company reported net profit of

Front End Fee Amortization of Baht 240 million as a result of the adjustment of short-term loan repayment plan of Baht 74,000 million in October 2019. Executive Summary Q3/2019 Operating Highlights Baht

from joint ventures and other company were 3,639 million Baht. Cash receipts from short-term and long-term investments used as collateral, short-term and long-term investments were 411 million Baht and

and other company were 2,350 million Baht. Cash receipts from short-term investments and interest income were 438 million Baht and 119 million Baht, respectively. Meanwhile, the construction costs and

subsidiaries. - Net cash payment for investing activities was Baht 12,115 million. Cash payment for acquisition and increase in investment were Baht 14,274 million. Cash payments for short-term investments and

as commercial banks are expected to maintain a cautious stance in their business operations, especially through a proactive approach in asset quality management. Over the short term, however, they may

from Right-of-use assets (Adjustments of right-of-use assets due to TFRS 16 adoption), investments in joint ventures, and Short-term loans to related parties. As for liabilities, an increase of 586.4

right-of-use assets due to TFRS 16 adoption), investments in joint ventures, and Short-term loans to related parties. As for liabilities, an increase of 1,190.3 million baht, or 5.6%, mainly from Lease

increase 98.6% from last year. Finance Cost In 2Q19, the finance cost was THB 31 million, an increase of 151.6% due to bond issuance in 3Q18 and short term loan from financial institution during the period