% Acquisition payable 61 0.4% 60 0.5% 1.7% Long term loans 430 3.1% 601 5.2% -28.5% Debenture 998 7.2% 997 8.6% 0.1% Deferred rental revenue 515 3.7% 534 4.6% -3.6% Others non-current liabilities 1,403 10.2

revenue is from long-term PPA with state enterprises which has no direct impact from COVID-19 while revenue from industrial users (IUs) remains stable y-on-y in Q1’2020, thanks to portfolio diversification

% - Mid Cut 1,044 1,110 -6% 1,225 -15% 1,134 1,176 -4% - Long Chain 1,084 1,108 -2.2% 1,180 -8% 1,132 1,146 -1% Average Fatty Alcohols (2) 1,120 1,263 -11% 1,289 -13% 1,204 1,324 -9% Crude Palm Kernel Oil

) was Bt7,004mn -7.5% YoY and -0.9% QoQ. 2020 Outlook In February, AIS won the bid of spectrum band for 5G development to secure long term leadership and to build new revenue stream in the future as well

startup firms for enhancement of our business capabilities to achieve sustainable growth while maintaining our market leadership over the long term. Guided by our core strategies of “Customer Centricity

Limited* 133,468,059 8.91 5. Bualuang Long-Term Equity Fund 45,364,300 3.03 6. Social Security Office 24,970,400 1.67 7. Bualuang Long-Term Equity Fund 75/25 23,548,100 1.57 8. Bualuang Top Ten Open-end

increase in deposits from the government sector in both current and savings accounts, and special deposit products under long-term programs introduced by certain banks. Liquidity in the Thai banking system

cost over the long term, which will in turn help reduce costs within the economic system.. Within this context, KBank and K Companies accentuate enhancement of our business capabilities to achieve

achieve sustainable growth and returns while maintaining our long-term market leadership. Guided by our core strategies of “Customers’ Life Platform of Choice” along with “Customer Centricity”, KBank has

only 18 days). However, income tax expenses in Q1/2020 increased as a result of the increase in deferred income tax expenses following the implementation of Thai Financial Reporting Standard regarding