Discussion and Analysis for 2nd quarter ended as of June 30, 2019 Attention: President The Stock Exchange of Thailand AI Energy Public Company Limited (AIE) would like to submit the financial statement for 2nd
subsidiaries financial statement for 1st quarter ended as of March 31, 2018, (1 January – 31 March), which details are as following; Results 1st Quarter 2018 Reviewed 1st Quarter 2017 Reviewed Increase (Decrease
and Analysis For the 1 st Quarter Ended 31 March, 2018 Page 2 2. Operation performance according to consolidated financial statement Unit : Million Baht 2018 2017 Revenue from sale and rendering of
130.27 million Baht or 18.32% compared to Q2/2017 Income statement (MB) For the three-month period For the six-month period Q2/2017 Q2/2018 YoY % 1H/2017 1H/2018 YoY % Total Sales and Services revenue
Baht, decreased by 117.60 million Baht or 11.78%. Income statement (MB) For the three-month period For the nine-month period Q3/2017 Q3/2018 YoY % 9M/2017 9M/2018 YoY % Total Sales and Services revenue
. Thereafter, such interest costs will be recorded as finance costs in the Statement of Income. Loans are repaid in installments upon unit transfer. In Q1/2020, the Company had the net financial cost of THB
last year (YE 2018: Baht 345 million). Whereas the separate financial statement presented the loss on impairment of Baht 360 million consisting of impairment of investment in subsidiary is Baht 10
derivatives and recognised in profit and loss statement, while the credit losses is to consider as impairment of trade receivables. Under TFRS 16, the Company is required to record lease contract which has
losses as financial assets. The Company will measure fair value of all derivatives and recognised in profit and loss statement, while the credit losses is to consider as impairment of trade receivables
expenses in the income statement in accordance to accounting standard, resulting to the increase of interest expense from the same quarter of the previous year. (Translation) Bangkok Expressway and Metro