December 31, 2018 Variance Long-term loans from related party – net of current portion 11,239.8 11,331.0 (91.2) Employee benefits 1,016.2 722.6 293.6 Deferred tax liabilities 5,099.2 5,330.3 (231.1) Other

/2018. This was due to the deferred tax of Baht 70 million from closing ILM Malaysia, recognized in Q4/2018. Q4/2019 vs Q3/2019 (QoQ) 2019 vs 2018 (YoY) • Finance costs were Baht 45.5 million in Q4/2019

current portion 11,361.1 11,374.4 (13.3) Deferred tax liabilities 4,468.2 5,295.5 (827.3) Total non-current liabilities 21,218.9 20,972.5 246.4 Total liabilities 27,888.9 28,300.1 (411.2) 21 ASIA’S BOUTIQUE

% Extraordinary Items: Add: Revenues from Amortization of Deferred Rental Income CGBS 25.3 0.5% 25.3 0.5% - - Net Profit/(Loss) 368.5 7.6% 321.9 6.8% +46.6 +14.5% (1) Costs of Sales EXCLUDES Depreciation and

liabilities – net of current portion 4,800.7 3,685.3 1,115.4 Long-term loans from related party – net of current portion 11,346.1 11,374.4 (28.3) Deferred tax liabilities 4,712.2 5,295.5 (583.3) Total non

%) which is the impact from decrease in current liabilities amounting to THB 3,931 million since there was recognition of reversal of provision from deferred difference debt restructure and recognition of

– net of current portion 11,365.3 11,374.4 (9.1) Deferred tax liabilities 4,576.0 5,295.5 (719.5) Total non-current liabilities 21,240.6 20,972.5 268.1 Total liabilities 29,556.0 28,300.1 1,255.9 21

852.3 Long-term loans from related party – net of current portion 11,331.0 11,365.3 (34.3) Deferred tax liabilities 5,330.3 4,576.0 754.3 Total non-current liabilities 22,948.7 21,240.6 1,708.1 Total

increased 25.6% y-on-y (Baht 39 million in Q1’2018 to Baht 49 million in Q1’2019) and 6.5% q-on-q (Baht 46 million in Q4’2018 to Baht 49 million in Q1’2019), primarily attributable to a record of deferred tax

lease of aircraft and Finance lease liabilities – net of current portion 5,312.8 5,502.9 (190.1) Long-term loans from related party – net of current portion 11,276.9 11,331.0 (54.1) Deferred tax