increase in logistic cost per contracts, (3) Rental and service fees, increased by THB 3.60 million, the increase was attributed to the fact that in 2021 the Company had received rental and service fee
increase in logistic cost per contracts. (4) an increase in rental and service fees of THB 16.77 million, from the opening of 6 new branches during the year, (5) an increase in utility expenses of THB 5.60
Limited Management’s Discussion and Analysis (MD&A) Page 5 of 15 Same store rental revenue growth stood at 2.4% YoY In 1Q19, same store rental revenue growth stood at 2.4% YoY, which is slightly lower than
(eliminated from the consolidated financial statements) Rental income from billboards - - 390 655 Contract rate Commission income - - 690 2,699 Contract rate Consulting and accounting service income - - 231 174
Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 16 Executive Summary CPN’s revenues continues to grow primarily from strong rental business performance
income, proven record of managing high quality shopping centers, reliable cash flows from contract-based rental and service income, and conservative financial policy. Diversification into Mixed-use
shopping malls at 91%, slightly lower than 93% in the previous year. This was largely attributed to the major renovation at CentralWorld. In 1Q18, the average rental rate of all shopping malls stood at THB
Metropolitan Area (BMA) and provincial areas, despite the impact from the ongoing major renovation at CentralWorld. In 2Q18, the average rental rate of all shopping malls stood at THB 1,655 per sqm/month. Same
operation. The subsidiary has Enclosure considered the rental conditions, the rental price including the ability to control various costs and expenses, and found that it was worthwhile to rent the mentioned
creditors as explained in 3.3, the creditor (the purchaser) agrees with the subsidiary to rent such asset for further business operation. The subsidiary has considered the rental conditions, the rental price