) Consolidated Financial Statements 2Q'19 2Q'18 % Change YTD 2019 YTD 2018 % Change Total Revenue 475.1 423.5 12.2% 934.5 845.4 10.5% - Utilities Business 473.6 422.7 12.1% 931.6 844.7 10.3% - Operating Revenue1

decreased by 102 million Baht mainly due to an increase in finance costs from refinancing. Meanwhile, other income was increased according to recognition of gain on settle Interest Rate SWAP of bank loan

Baht) Consolidated Financial Statements 3Q'19 3Q'18 % YTD YTD % Change 2019 2018 Change Total Revenue 452.8 443.4 2.1% 1,387.3 1,288.9 7.6% - Utilities Business 449.8 442.3 1.7% 1,381.4 1,287.0 7.3

million mainly due to a decrease in Availability Payment (AP) according to the PPA and other income was decreased because the recognition of the revenue from disposal of scrap material in 2019. Meanwhile

“Company”) submitted its separate financial statement and its consolidated financial statement for the second quarter of 2020 ended on 30 June 2020 which were reviewed by the auditor. The Company hereby

/(loss) and impairments U City reported total consolidated revenue of THB 526mn in 2Q 2020. This represented a decrease of THB 1,756mn (or 77.0% YoY) from THB 2,282mn in the same quarter of the previous

Periods Ended 30 June, 2020 Page 6 2. Operation performance according to consolidated financial statement Unit : Million baht 2020 2019 2020 2019 Total revenues (excluding fuel costs) 3,695.63 4,387.88

and its Subsidiary (together referred to as “Corporate Group”) would like to clarify on the operating results according to the consolidated financial statements of Year 2018 for the year ended December

Bt613mn increasing 39% YoY mainly due to a revenue recognition of expired cash cards and other fines. Finance cost was Bt5,302mn increasing 25% YoY due to the deferred interest from spectrum licenses

basis that is consistent with the pattern of revenue recognition. Under the previous accounting policy, the Company and its subsidiaries immediately recorded commission as selling expenses when the