which was recorded in 4Q22. Bad debt provision as % of postpaid and FBB revenue declined from 2.6% to 2.4% following the economic recovery. Classification: Internal 1Q23 MD&A Advanced Info Service Plc. 4

assets and repayments of long-term loans, and dividend payment during the year. - The increase in inventory, by 14.35%, from raw material and inventory reserved. - The decrease of value added tax

customers did not renew the contract and the volume of existing work was declined. Income from debt collection service was 43.28 million baht and 51.55 million baht in 2017 and 2018. In 2018, revenue from

. Plus, the Company purchased equipment and made debt repayment in an amount of 14 million Baht. During the year, the Company obtained dividend from other long-term investments and investment in joint

net loss of Bt129mn in 1Q18. The gain was incurred from partially-hedge CAPEX payables following currency fluctuation. Finance cost was Bt1,290mn decreasing 2.6% YoY from lower interest-bearing debt and

the May 2018 dividend payment, the total capital adequacy ratio, the common equity Tier 1 capital adequacy ratio and the Tier 1 capital adequacy ratio of the Bank and its subsidiaries would be 18.73

existing shareholders. As a result of this transaction, the Company’s shareholding in BMN increased from 69.67 percent to 89.67 percent. 2. Dividend payment On April 26, 2019, the 2019 Annual General Meeting

-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

marketing activities while increased 9%QoQ from seasonality and 5G launch campaign. Admin and other expenses saw –22%YoY decrease from improving bad debt provision and efficient cost management while declined

the depreciation. As at June 30, 2020, total liabilities were Bt2,184.00mn, slightly dropped comparing to the same period of last year, as a result of the dividend payment of Bt263.00mn, while interest