sales such as personnel cost, rental and service expenses, utility expenses, credit card expenses, advertising and promotion expenses and COVID-19 wage subsidy from Italian government as well as the

activities and spending. The situation has led to an adverse economic effect on individual and business across various sectors, so Thai government has issued measurements such as cash subsidy payment and

11.24 0.49% 10.99 0.48% Long-term investment 2.60 0.11% 2.73 0.12% Property, plant and equipment, net 438.46 19.15% 448.52 19.75% Intangible assets – net 0.71 0.03% 0.76 0.03% Restricted fixed deposits

% 3.24 0.14% Total current assets 1,714.03 73.08% 1,866.41 79.02% Non-current assets Restricted bank deposits 46.18 1.97% 46.18 1.96% Investment in associate 9.67 0.41% 12.43 0.53% Long-term investment

0.14% 5.71 0.25% Total current assets 1,866.41 79.02% 1,737.05 76.47% Non-current assets Restricted bank deposits 46.18 1.96% 45.98 2.03% Investment in associate 12.43 0.53% 10.99 0.48% Long-term

Restricted bank deposits 46.18 1.83% 46.18 1.96% Investment in associate 7.94 0.31% 12.43 0.53% Long-term investment 2.84 0.11% 2.76 0.12% Property, plant and equipment 399.81 15.83% 412.07 17.45% Intangible

margin remained negative at -4.9% and partly reflected competitive handset subsidy campaigns, compared to -2.7% in 2Q17. However, the margin improved from -16% in 3Q16, when aggressive handset campaigns

% margin, largely from controlled handset subsidy, improve revenue momentum, and cost efficiency. Service revenue (excluding IC) increased 4.9% YoY supported by both mobile and fixed broadband segments

contract term, profitability of the contract remains the same. By the Standard, key changes compared to prior to 2019, are as follows: a) Device subsidy previously recognized as handset loss will be

, AIS fully expensed handset subsidy as either handset loss or marketing expense. With the effect of TFRS 15, key financial changes, compared to prior to 2019, will be as follows: a) Device subsidy