view of such shareholder; (2) The Company may buy back shares for the purpose of financial administration in the case that the Company has retained earnings and excess liquidity, provided that such

Discussion and Analysis (MD&A) for year 2017 21 Table 6: Consolidated Statement of Cash Flow Unit: Million Baht 2017 Cash flows from operating activities Gain (loss) for the years 366 Adjustments for

Cash flows from operating activities Gain (loss) for the years 366 Adjustments for Depreciation and amortisation 1,910 Unrealised (gain) loss on exchange rate (1,529) Gain on exchange rate form debt to

: (1) having a complete work system for operating the mutual fund rating business which can be shown that the rules used in the mutual fund rating are based on academic principle and reflects the purpose

Calculation based on net operating profits (Net operating profits of the investment x Buying or selling ratio) x 100 Net operating profits of the listed company** This basis could not calculated because of loss

, 2016 September 30, 2015 Statement of Income Revenues from services 113.88 113.51 103.68 Costs of Sales or Services 52.11 49.75 46.96 Gross profit 61.77 63.77 56.73 Operating expenses 42.17 45.70 42.90

Group has initially adopted TFRS 16 and recorded an increase in right-of-use assets and lease liabilities. 1Q2020 Operating Results In 1Q20, the Company has total revenue of Baht 1,262 million; decreased

) (218.1) N.A.(

3,810 4,096 -5.7% 7.5% 17,733 15,665 -12% Operating profit 9,252 9,496 9,394 1.5% -1.1% 37,711 38,179 1.2% Net foreign exchange gain (loss) 263 -428 163 -38% -138% 2 -646 n.m. Other income (expense) 136

acquired/ NTA of the Company N/A N/A N/A N/A N/A Not applicable because this is the disposition of assets. 2. Net Operating Profits % of Net Profit attributable to Proportionate Assets/ Net Profit of the