return on equity at 7.80% lower than the year 2016 having the return on equity at 13.73%. Asset Management As of 31st December 2017, the Company’s financial position was analyzed from changes in the assets

% Dividend income - - - 15,000 35,000 -57% Gain on disposal of assets 308,107 - 100% 663 - 100% Other income 27,987 34,987 -19% 9,226 9,890 -7% Total Revenues 2,398,510 2,509,827 -4% 1,666,564 1,712,604 -3

-Presso launched supports. However, admin expenses increased by 29.6% YoY due to low amounts from several reversals last year e.g. reversal of provision for Kenya; in addition to higher benefit accrual in

million Baht as compared to the same period of last year of 201 million Baht as a result of impairment of fixed asset and provision regarding closure of four stores of 304 million Baht. (2) selling expenses

, which decreased by 12.7% mm from the same period of previous year, due to not having revenue recognition of the assets which’ve sold to WHABT. However, if excluding the impact from WHABT, the normalized

SAAM Group consist of (1) revenues from provision of service and rental including the procurement of project site location and rendering of related services to clients who operate 17 solar power projects

decrease of THB 8.5 Mn or 24.3%. This decrease was mainly due to the Group had other income from the reversal of the provision for decommissioning costs of THB 17.3 Mn in the 2nd quarter of 2018. However

maintenance during the nine-month period of the year 2017 was more than those of the same period of the previous year. Additionally, the Company had gain from provision of diesel oil in the amount of Baht 38.97

administrative expenses in Q4’17 (e.g. provision for Kenya court case, expenses related to company’s reorganization). Selling and distribution expenses declined by -1.2% YoY as well as slightly lower advertising

%. • Depreciation & amortization were at Bt14,816mn, increasing 16% YoY and 11% QoQ mainly from the consolidation of right-of-use assets from TTTBB acquisition, partially offset by fully depreciated network equipment