Other assets 75.60 77.63 66.45 Total Assets 1,674.32 1,685.41 1,774.93 Trade Payable 118.80 136.50 128.39 Interest-Bearing Debts / Leasing 1.04 0.91 78.36 Employee Benefit Obligation 58.85 56.25 49.89

-4.8% from both current (lower trade & other payable and current portion of long-term debt) and non-current liabilities (lower lease liability and spectrum payable offset by increased long-term

. Furthermore, it seeks to enhance the efficiency of bondholders’ representatives in fulfilling their duties and bolster the credibility and protection of debt securities investors. The SEC and ThaiBMA are

dealing business or securities underwriting business and capable of providing services related to debt securities and Sukuk is eligible to act as a bondholder representative. This is to ensure that the

, securities dealing business or securities underwriting business and capable of providing services related to debt securities and Sukuk is eligible to act as a bondholder representative. This is to ensure

issuance and offering of debt securities. Key areas of discussion encompassed the enhancement of information disclosure to investors, with a specific emphasis on augmenting speed, clarity, timeliness, and

bond liquidity, investors’ knowledge on debt securities, intermediaries and market professionals’ duty performance, the development of shared infrastructures and market database, and high-risk debt

1.0 Trade receivable 16,579 4.7% 16,173 4.4% Net debt to EBITDA (times) 0.7 0.8 0.8 Inventories 2,372 0.7% 3,189 0.9% Net debt & lease liability & spectrum license payable to EBITDA 2.3 2.2 2.3 Others

Inventories 2,104 0.6% 3,831 1.1% Net debt & lease liability & Spectrum license payable to EBITDA 2.2 2.2 2.1 Others 4,111 1.2% 4,391 1.2% Current Assets 35,566 10% 41,017 12% Current Ratio (times) 0.4 0.4 0.4

0.5% Net debt to equity (times) 1.3 1.0 0.9 Trade receivable 16,277 5.6% 17,260 4.7% Net debt to EBITDA (times) 1.1 0.7 0.7 Inventories 4,828 1.7% 3,190 0.9% Net debt & lease liability & spectrum