income and other income 53.24 100.00 188.89 100.00 Costs 20.59 38.67 114.29 60.51 Administrative expenses, impairment finance costs and share of loss from associates 108.96 204.66 50.22 26.58 Management

expenses 128 104 22% Finance costs 63 49 29% Total expenses 3,457 3,077 12% Loss for the year 65 (30) (315%) Basic loss per share (in Baht) 0.006 (0.003) (311%) Table 4: Summary of Financial Results

Bt613mn increasing 39% YoY mainly due to a revenue recognition of expired cash cards and other fines. Finance cost was Bt5,302mn increasing 25% YoY due to the deferred interest from spectrum licenses

/(Decrease) THB mm THB mm THB mm % Selling expense 223.4 317.2 93.8 42.0% Administrative expense 1,271.9 1,385.2 113.3 8.9% Finance costs 2,432.2 1,616.5 (815.6) (33.5%) Total expense 3,927.4 3,318.9 (608.5

% Administrative expenses 496,310 529,147 (6%) Bad and doubtful debts expense 3,156 1,292 144% Finance costs 271,128 203,461 33% Total expenses 15,275,254 11,759,781 30% Loss for the year 990,331 (7,030) (14186

sale 14,319 10,866 32% Selling expenses 185 160 16% Administrative expenses 496 529 (6%) Bad and doubtful debts expense 3 1 144% Finance costs 271 203 33% Total expenses 15,275 11,760 30% Loss for the

120.95 4.55 3.76% Other income 6.10 14.18 (8.08) (56.98%) Selling expenses (30.05) (25.64) 4.41 17.20% Administrative expenses (100.78) (81.31) 19.47 23.95% Net profit before finance costs and corporate

in 4Q18 following currency fluctuation in the quarter while foreign debts were all fully hedged. Finance cost was Bt1,217mn decreasing 5. 8% YoY and 5. 5% QoQ due to lower deferred interest from

- (Reverse of) loss on devaluation of inventories (85) 6 (1412%) Total cost of sale 3,701 7,591 (51%) Selling expenses 45 92 (51%) Administrative expenses 131 122 8% Finance costs 127 112 14% Total expenses

expenses 141 126 (12%) Loss on confirmed purchase orders for undelivered raw material 0 24 100% Net foreign exchange loss 0 184 100% Finance costs 100 117 15% Total expenses 4,094 8,278 51% Profit (loss) for