follows: 1. To approve payment of interim dividend for the operating results of January to June 2017 from net profit and retained earnings under the Company's financial statement, to the shareholders, at an

September 2017) 6 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017/18 30 OCT 2017 Total equity was THB 3,438mn increasing by THB 333mn or 10.7%, which was attributed to an increase in retained

% 655.42 28.85% SHAREHOLDERS’ EQUITY Shareholder equity 383.00 383.00 Registered capital Issued and Paid up capital 383.00 16.48% 383.00 16.86% Premium on stock 519.67 22.36% 519.67 22.88% Retained earnings

due to lower outstanding debt and higher retained earnings. In 3Q17, finance costs amounted to THB 97 mn, a decrease of 37.3% YoY and 4.9% QoQ. A weighted average cost of debt in 3Q17 was 2.67% per

+11% Total Liabilities 2,587 2,061 +26% Authorized share capital 140 140 +0% Issued and fully paid-up share capital 140 140 +0% Share premium 6 6 -0% Retained earnings 1,242 1,229 +1% Other components

of the year 2017 decreased retained earnings in the amount of Baht 3,480.00 million. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2017 Page 10 4.3.3

liabilities 0.87 52.39 Issued and paid-up capital 158.31 1.00 Unappropriated retained earnings (losses) (0.73) (0.73) Shareholders’ equity 157.10 0.27 Total revenues 0.00 0.00 Total selling and administration

premium of THB 182mn from the exercise of convertible securities, MACO-W1, 2) unappropriated retained earnings of THB 120mn, and 3) non-controlling interests of the subsidiaries of THB 23mn. As of 31

’ EQUITY Shareholder equity 383.00 383.00 Registered capital Issued and Paid up capital 383.00 17.84% 383.00 16.86% Premium on stock 519.67 24.21% 519.67 22.88% Retained earnings Legal reserve 73.40 3.42

payment during the year 2017 decreased retained earnings in the amount of Baht 3,480.00 million. 3.3.3 Other components of equity decreased in the amount of Baht 1,682.88 million. The main reason was