Statement Cash Flows Statement Accounting Financial Ratios Business Performance Executive Summary Statement of Income 19 of Financial Position Environment Management 3 3 | Management Discussion and Analysis

’ equity 1,479.25 1426.43 1,114.61 729.34 Minority Interest 66.93 67.14 43.97 16.02 (Enclosure 4) 6 (b) Statement of Comprehensive Income Unit: THB million Statement of Comprehensive Income Q1/2018 2017 2016

12,279 13% Gross profit 1,256 1,647 1,834 11% 46% 2,354 3,481 48% EBITDA 1,101 1,482 1,630 10% 48% 2,016 3,113 54% EBIT 778 1,067 1,185 11% 52% 1,378 2,253 63% Non-operating other income and expenses 136

of 3,236 million Baht, (3) revenue from rental and service income of 17 million Baht (0.2% of total revenues); significantly decreased by 68.7% as compared to the year 2016 of 54 million Baht, and (4

3,655 29% Other non-operating income and expenses 36 199 73 (63%) n/a 710 411 (42%) Shares of profit of associates and joint ventures 152 131 157 20% 4% 517 595 15% Net profit for the company 722 899 486

million, an increase of THB 26 million or 24.2%. This amount consists of interest paid by ACM of THB 49 million, recognized through the income statement after commencing commercial operation, interest on

1 1. ANALYSIS OF FINANCIAL PERFORMANCE Income statement (MB) Q4/2016 Q4/2017 YoY % 2016 2017 YoY % Total Sales and Services revenue 1,043.98 1,039.90 (4.09) (0.39%) 4,376.96 4,308.04 (68.92) (1.57

Clause 3; “ fee ” means a fee for undertaking business according to license; “ income ” means an income before deducting expenditures from undertaking business according to license; “ investment unit ”4

3; “fee” means a fee for undertaking business according to license; “income” means an income before deducting expenditures from undertaking business according to license; “investment unit”4 means the

result, free cash flow for 9M20 was Bt17,487mn (OCF less CAPEX and spectrum license) and ending 9M period with outstanding cash of Bt16,634mn. 5 3Q20 MD&A Advanced Info Service Plc. Income statement (Bt mn