liabilities Number of days of inventory = Average inventory / (Cost of sales of goods / Number of days in the period1) Collection period (days) = Average trade account receivables before allowance for doubtful

2019, the Company had the selling and administrative expenses of 2,333.5 million Baht, a decrease of 432.5 percent, mainly due to a decrease in allowance for doubtful accounts from creditors of

loss (gain) from trading security (4) Reversal of bad and doubtful debts (137) Loss on devaluation of inventories (Reversal of) 123 Gain from debt restructuring (16) Gain from debt restructuring (765

More than 12 months 0.54 0.23 - - Total Trade Receivables 229.00 100.00 134.50 100.00 Deduct Allowance for doubtful debt - - Trade Receivables - Net 229.00 134.50 The table depicts trade receivables of

, was flat YoY and the collection period slightly increasing from 35 days to 36 days in 2019. However, allowance for doubtful debt was Bt1,765mn, increasing 23% YoY following the growth in fixed broadband

increased deferred income tax for allowance for doubtful accounts and the provision for penalty on projects delay, which those additional recorded during the year 2019. And the effect of adoption of the

days of inventory = Avg. inventory / (Cost of sales of goods / Number of days in the period1) Collection period (days) = Avg. trade account receivables before allowance for doubtful account / (Total

2019 Not yet due 273 262 Up to 3 months 145 130 3 - 6 months 67 30 6 - 12 months 13 29 Over 12 months 11 18 Total 509 469 Allowance for doubtful debt 6 7 MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 7 AUGUST

doubtful debt amounted of Baht 22.5 million in 1H2018,and increase in number of managements, staffs, and marketing expense according to business plan.  Finance Cost decreased from Baht 104.9 million in

receivables before allowance for doubtful account / (Total revenue from sales / Number of days in the period 1 ) Accounts payable (days) = Average account payables / (Cost of sales of goods / Number of days in