3.15 26% Core EBITDA/t (US$/t)) 111 122 90 23% 110 89 24% Net Operating Debt to Equity 0.54 0.57 0.88 (39)% 0.54 0.88 (39)% Note: (1) Consolidated financials are based upon elimination of intra-company
1 3Q20 MD&A Advanced Info Service Plc. Executive Summary Continued economic impact on mobile business despite improved pandemic situation in Thailand With well-managed pandemic situation, domestic
which affected employment and domestic demand*. However, the Company sees that the lower interest rate gives a positive impact to overall real estate industry due to a potential lower cost for both, real
industrial parks and leverage for value-added services such as Domestic Data Circuit, Corporate Internet, Cloud, Data Center, as well as the upcoming 5G solutions for factories, contributing to AIS’ growth in
bearing-debt as of end 1Q21 stood at Bt94,417, decreasing compared to Bt99,571mn as of end 4Q20. Total equity was Bt71,657mn, decreasing -5.3%YoY from dividend appropriated. Cash flow In 1Q21, AIS continued
EBITDA (excluding lease liabilities and license payable) was 0.8x. Total equity was Bt75,737mn, decreasing - 7.4% due to a decrease in retained earnings appropriated for the dividend. Cash flow In 1Q22
-opening as well as strong domestic acquisition from rising economic activity. AIS remained our focus on driving 5G adoption reaching 3.9mn subscribers with ARPU uplift of around 10-15%. However, ARPU
had a higher impact from the decline in domestic purchasing power leading to lower prepaid usage despite an increase in tourism-related income. Competition remained intense with the market continued