operating cash flow and additionally from proceeds of land sold. Employee benefit obligation increased due to higher retirement compensation rate stipulated by new law. The shareholders’ equity at the end of

equipment 520.8 519.55 1.25 0.24% Goodwill 19.38 19.38 0 0.00% Intangible assets 7.14 7.16 (0.02) (0.28%) Deferred income tax assets 3.99 4.14 (0.15) (3.62%) Other non-current assets 23.2 26.12 (2.92) (11.18

(9.26) (13.75%) Investment properties 99.26 4.52 94.74 2096.02% Property, plant and equipment 520.8 519.55 1.25 0.24% Goodwill 19.38 19.38 0 0.00% Intangible assets 7.14 7.16 (0.02) (0.28%) Deferred

203.93 18% 37% Inventories 20.82 21.56 19.77 -3% 5% Property, Plant and Equipment 787.64 761.76 769.49 3% 2% Goodwill 87.80 87.80 87.80 0% 0% Other assets 62.65 29.39 31.32 113% 100% Total assets 1,831.10

Cost 96.5 4.3% 243.9 9.8% 147.4 152.8% Investment Properties 507.3 22.4% 520.4 20.8% 13.1 2.6% Land and Equipment 126.6 5.6% 151.7 6.1% 25.1 19.8% Leasehold rights and buildings 1,260.9 55.7% 1,330.8

Properties 507.3 22.4% 520.4 20.8% 13.1 2.6% Land and Equipment 126.6 5.6% 151.7 6.1% 25.1 19.8% Leasehold rights and buildings 1,260.9 55.7% 1,330.8 53.3% 69.9 5.5% Deposits 134.1 5.9% 136.8 5.5% 2.7 2.0

to Equity Shareholders was 116.1 million Baht, increased 58.4% from the same period last year.  Cash Collection was 514 million Baht, increased 59.1% from the same period last year.  The Company was

41 66 (38) Finance Cost 6 8 (25) Net Profit 51 38 34 (Unit : Million Baht) Financial statements in which the equity method is applied Q3/2018 Q3/2017 % Change Sales and Service income 462 514 (10) Cost

as of 30 September 2019 decreased considerably. Loan from banks were paid- off from the company’s operating cash flow and additionally from proceeds of land sold. The shareholders’ equity at the end of

MASTER AD PUBLIC COMPANY LIMITED 2 13 May 2019 2Q 2020/21 CONSOLIDATED P&L SNAPSHOT *Net profit (loss) attributable to equity owner of the Company Revenue by segments (THB mn) 2Q 2019/20 Restated 1Q 2020