guarantee the lease and the contract for the treatment of waste in the amount to 36.7 and 41.5 million baht respectively. 2. Contingent Liabilities arising from a letter of guarantee issued by a local bank

7@&% 9% 1 ++ *2%&'9@&%19%1/?) 10.4 82?*%? 39 ? 82?* 39 ? (3 3 3) %?782

the case that the Company needs to use more spaces, the Company can still lease any spaces with a proper size for its operation. Enclosure Page 8 7. Expected benefits to the Company from the asset

. In the case that the Company needs to use more spaces, the Company can still lease any spaces with a proper size for its operation. 7. Expected benefits to the Company from the asset disposal 7.1 This

Finance cost and financial lease paid 218 Repayment of ST borrowings 5,900 Cash increase 11,425 Total 21,159 Total 21,159 6 1Q19 MD&A Advanced Info Service Plc. 2019 MANAGEMENT OUTLOOK & STRATEGY

the asset light and lease model as planned. For luxury villa management under Elite Havens brand, the Company expect to see its expansion into a new market targeting Australia as well as continuous

lease 1 1 (8%) Employee benefit obligations 82 80 2% Total non-current liabilities 1,195 1,257 (5%) Total liabilities 4,359 5,607 (22%) Total equity 12,785 13,218 (3%) Total liabilities and equity 17,144

long-term loans from related parties (197) (36) 82% Payment for financial lease liabilities (0) - Net cash from (used in) financing activities (533) (140) 74% Net increase (decrease) in cash and cash

related parties (346) (36) 90% Payment for financial lease liabilities (0) - 100% Net cash from (used in) financing activities (816) (221) 73% (100%) Net increase (decrease) in cash and cash equivalents 97

) from long-term loans from related parties (360) 1,309 464% Payment for financial lease liabilities (0) - 100% Net cash from (used in) financing activities (935) (444) 53% (100%) Net increase (decrease