Analysis For the Three-month and Six-month Periods Ended 30 June, 2020 Page 7 2.1 Analysis of Revenues Unit : Million baht 2020 2019 2020 2019 Revenue from sales and rendering of services (excluding fuel

Supervisory Committee, which effective September 13, 2021 onward and there is no write off account receivables in this quarter. However, our revenue from bad debt recovery for the first nine-months were 1,019

1,705.4 1,735.6 30.2 1.8% 5,315.9 6,502.1 1,186.2 22.3% Revenue from finance lease under power purchase agreement 102.3 95.3 109.4 107.9 (1.5) (1.4%) 411.0 414.9 3.9 0.9% Cost of sales and services (1,149.4

4,669.2 (2.0%) Revenue from finance lease under power purchase agreement 109.4 104.5 105.2 0.7% (3.8%) 307.0 312.1 1.7% Cost of sales and services (1,350.7) (1,191.7) (1,168.7) (1.9%) (13.5%) (3,674.1

Parent - Restated 6,038.55 Management Discussion and Analysis For the Year Ended December 31, 2018 Page 7 2. Operation Performance According to Consolidated Financial Statement Unit : Million Baht Revenue

Less Deferred revenue (21,937,566) (22,086,038) 148,472 (0.7) Less Allowance for doubtful accounts (10,588,936) (10,759,343) 170,407 (1.6) Less Allowance for troubled debt restructuring (536) (432) (104

with revenue contributions from these 3 SPP power plants. Commercial operation of 7 Solar WVO-Coop Total 7 solar of WVO and Agricultural Cooperatives projects have achieved COD in December 2018 with a

pricing policy 2019 2018 2019 2018 Revenue from advertising production 2,515 - - - Contract rate Revenue from system installation services 6,429 - - - Contract rate Cost of services - 2,766 - - Contract

non-performing assets (NPAs) totaling Baht 413 million and had gain of Baht 195 million. In the Financial Market business, the Bank generated revenue of Baht 64 million. The market shares (SET and mai

gain of Baht 195 million. In the Financial Market business, the Bank generated revenue of Baht 64 million. The market shares (SET and mai excluding proprietary trading) of Phatra Securities Plc. (PSEC