changes in a proportion of marketable securities available for sale. 20 ASIA’S BOUTIQUE AIRLINE Shareholders’ Equity Unit: million baht As at December 31, 2019 As at December 31, 2018 Variance Paid up

Limited (100% of all investment) to unrelated parties. The Company recognised gain from sales on equity method of Baht 175 million. Reversal of Allowance for Doubtful Accounts During year 2018, the Company

statements Financial Statement, in which the equity method is applied Separate Financial Statement Changes (separate financial statement) 30-See.19 30-Sep-18 30-Sep-19 30-Sep-1 8 (Million Baht) Yo Revenue from

2.03 27% Core EBITDA/t (US$/t)) 107 100 94 14% 97 86 13% Net Operating Debt to Equity 0.84 0.80 0.99 0.84 0.99 Note: (1) Consolidated financials are based upon elimination of intra-company (or intra

joint venture, by holding 49 percent of total shares. As for the periods of three months and nine months ended 31st Dec 2018, the company and its subsidiaries recognized share of income, by using equity

year ended 30th Sept 2017, the company and its subsidiaries recognized share of income, by using equity method, of Baht 0.40 million and 0.66 million in consolidated income statements in which no change

. As for the period of three months and nine months year ended 31st Dec 2017, the company and its subsidiaries recognized share of income, by using equity method, of Baht 0.58 million and 0.42 million in

./Ton) 1,378 897 Unit: million Baht 30 June 2019 31 December 2018 Fin an cia l St at us Total Liabilities 2,854 5,607 Total Asset 16,997 18,824 Total Equity 14,143 13,218 The Company continued to stride

, the company and its subsidiaries recognized share of income, by using equity method, of Baht 0.52 million in consolidated income statements in which increased by Baht 0.10 million or 23.8 percent in

Equity 14,420 14,054  The Company posted net profit for the first quarter of 2018 amounted to THB 366 million which lower than last year quarter by THB 601 million mainly due to in last year quarter the