and has registered as an oil trader under Section 7 of the Fuel Trade Act B.E. 2543 since the September 9, 2020. However, the Company aware of the price fluctuation risks, has set the policy determined

investment 1,921 0.5% 1,783 0.5% Net debt to equity (times) 1.0 1.0 1.0 Trade receivable 16,579 4.7% 15,862 4.4% Net debt to EBITDA (times) 0.7 0.9 0.8 Inventories 2,372 0.7% 3,889 1.1% Net debt & lease

average price of 37,600 Baht / ton, which is higher than the 1st quarter of 2020 with an average price of 33,900 Baht / ton (Source: Department of Internal Trade). The CPO price risen compared to the

1.0 Trade receivable 16,579 4.7% 16,173 4.4% Net debt to EBITDA (times) 0.7 0.8 0.8 Inventories 2,372 0.7% 3,189 0.9% Net debt & lease liability & spectrum license payable to EBITDA 2.3 2.2 2.3 Others

period. • Other Current Financial Assets decreased by THB 10 million due to the debt repayment from customer on trade and other receivables and lower inventory. Total LiabilitiesL As of 30 June 2021, the

3Q20 2Q21 3Q21 Cash 18,421 5.3% 11,336 3.2% Interest-bearing debt to equity (times) 1.6 1.2 1.1 ST investment 1,921 0.5% 1,385 0.4% Net debt to equity (times) 1.3 1.0 1.0 Trade receivable 16,579 4.7

THB 27 million due to sales of financial assets, the debt repayment from customer on trade and other receivables and lower inventory. Total LiabilitiesL As of 30 September 2021, the total liabilities of

% Interest-bearing debt to equity (times) 1.3 1.1 1.1 ST investment 1,392 0.4% 1,258 0.4% Net debt to equity (times) 1.0 0.9 0.9 Trade receivable 15,219 4.3% 15,149 4.3% Net debt to EBITDA (times) 0.8 0.8 0.8

% -83% 23% 2Q22 MD&A Advanced Info Service Plc. 6 Financial Position (Bt mn%to total asset) 4Q21 2Q22 Cash 12,739 3.6% 10,148 2.9% ST investment 1,392 0.4% 1,020 0.3% Trade receivable 15,219 4.3% 16,083

Plc. 6 Financial Position (Bt mn%to total asset) 4Q21 3Q22 Cash 12,739 3.6% 9,358 2.7% ST investment 1,392 0.4% 1,035 0.3% Trade receivable 15,219 4.3% 16,765 4.9% Inventories 2,104 0.6% 5,006 1.4