contract term, profitability of the contract remains the same. By the Standard, key changes compared to prior to 2019, are as follows: a) Device subsidy previously recognized as handset loss will be
previously recognized as handset loss will be reallocated between device sales and service revenue weighted by fair market values of the handset price and full-contract price plan. As a result, device sales
(5.5% of revenue from 10.5% in 2016). Network OPEX was flat QoQ but increased 99% YoY mainly from 4G expansion and addition of TOT partnership payment. EBITDA margin improved to 44.6% from 36.4% in 4Q16
revenue”, grew 5.4%YoY from the demand for EDS and Cloud. Network OPEX excluding cost of TOT partnership was +9.4% increase YoY, as the base rental and utilities increased from 4G/5G network expansion
floating interest rate, specify the determined date of the applicable interest rate for each payment period, the criteria for interest calculation, and other relevant conditions for payment of interest (if
was recognized in Statement of Financial Position on 1 January 2020. 2 1Q20 MD&A Advanced Info Service Plc. TFRS 9: Financial Instrument The standard requires financial instruments to be classified into
was recognized in Statement of Financial Position on 1 January 2020. 2 1Q20 MD&A Advanced Info Service Plc. TFRS 9: Financial Instrument The standard requires financial instruments to be classified into
Cloud and acquisition of CSL in Feb-18. Following the tower agreement with TOT and discontinue of 2G equipment rent as well as network expansion in both mobile and broadband, cost of service was
Cloud and acquisition of CSL in Feb-18. Following the tower agreement with TOT and discontinue of 2G equipment rent as well as network expansion in both mobile and broadband, cost of service was
life. The company is recognized for their market leadership and product innovation, and is constantly inventing and developing new uses for their products. Figure 2: IVL’s Business Profile Note: Segments