recognized in five years, the effective tax rate shall be around 16% until 2020. Financial position As at December 2017, AIS had total assets of Bt284,067mn increasing 3% YoY mainly from current assets. Total

POSITION In 2019, the Company restated the consolidated financial position as at 31 December 2018 to reflect the fair value of Trans.Ad Group’s assets after the measurement of fair value of Trans.Ad Group’s

the Company’s financial position include; 1) The Company restated the consolidated financial position as at 31 December 2017 to reflect the fair value of Co-Mass’s assets after the measurement of fair

capacity across PBSB’s network and develop marketing channels in overseas markets efficiently. FINANCIAL POSITION In this quarter, the Company restated the consolidated financial position as at 31 December

of 1.3% YoY, following a pressure in D&A. Financial position As at December 2018, AIS had total assets of Bt290,505mn increasing 2.3% YoY mainly from the new 1800MHz spectrum license. Total current

MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 14 AUGUST 2019 U CITY PCL 2Q 2019 - MD&A (for three-month period ended 30 June 2019) 6 U CITY PCL FINANCIAL POSITION Total assets as of 30 June 2019 stood at THB

in this quarter. FINANCIAL POSITION Total assets as of 31 March 2019 stood at THB 53,181mn, a decrease of 1.4% or THB 779mn from 31 December 2018. The decrease was primarily attributed to (i) a

financial instrument is recognized in other comprehensive income. Any ineffective portion is recognized immediately in profit or loss. The consolidated statement of financial position as at 31 December 2017

comprehensive income. Any ineffective portion is recognized immediately in profit or loss. The consolidated statement of financial position as at 31 December 2017, the consolidated statements of comprehensive

% YoY but decreased 5.5% QoQ, while net profit decreased 7.2% YoY and 13% QoQ. Financial position As at end of Sep-18, total assets increased 2.6% from Dec-17 to Bt291,392mn mainly from the acquired