responsible for and approving all risk matters and will also be a member of the Risk Management Committee and all its sub-committees as well as the Debt Recovery Committee and the Human Resource Committee. 3

ไรก่อนหกัดอกเบ้ีย ภาษี ค่าเส่ือมราคา และค่าตดัจ าหน่าย / ดอกเบ้ียจ่าย (3) หน้ีสินท่ีมีภาระดอกเบ้ียต่อก าไรก่อน ดอกเบ้ียจ่าย ภาษีเงินได ้ค่าเส่ือมราคา และค่าตดัจ าหน่าย (interest bearing debt to EBITDA

from foreign exchange. On a QoQ basis, total revenues dropped 56% with a decrease in net profit of 62%, as there was a (non- recurring revenue) recognition of the 50-year lease upfront payment of a

. Pricing impact on revenue: the company realized overall higher prices in Q4 compared with previous months on same-customer comparison basis given the robust demand and increased input cost pressure on all

. The impact is reduced somewhat when we compare EBITDA on a YTD basis (since Saraburi Quicklime is only consolidated from March 19th onwards) but it is still up 30%, and this without contribution from

May 2018, is for the long-term investment. However, CPN has not involved in any business management in DTC. Based on the value of the consideration given or received basis according to the regulation of

and the Diplomat 39 which is a project purchased for sale • Net debt to Equity ratio2 as of 31 March 2019 equals 0.84 times Changes in accounting policy and reclassification in 1Q/19 During the three

profit before expenses of THB 7.21 million and when deducting the total cost of THB 32.57 million which were administrative expenses of THB 11.97 million, doubtful debt of THB 0.99 million, loss from

123.60 million which were administrative expenses of THB 22.96 million, doubtful debt of THB 63.99 million, loss from impairment of investment in associates of THB 0.01 million, management benefit expenses

same amount as the lease liability and is depreciated over the contract life on a straight line basis. 2 FY19 MD&A Advanced Info Service Plc. Market and Competitive Environment Overall, mobile market