approved a resolution for the payment of interim dividend for the first 6 months period of 2018 to the company’s shareholders at 0. 85 THB per share, totaling at THB 1,170 million, which was already paid on

commercially launched in September 2019, an increase in financial cost pressured by incremental debt financing to support business expansion which THB 5,357.8m loan facility to the acquisition of Outriggers was

business expansion. However, the decreased in Property, plant and equipment resulted from impairment on gas depot and related assets in LPG trading business amounting of 22.48 Million Baht (in the first

which had average traffic volume in the second quarter of the year 2017 at 47,600 trips/day. For the First Stage Expressway (FES) and the Second Stage Expressway (SES), toll revenue increased from the

debt 14 11 LIABILITIES AND SHAREHOLDERS’ EQUITY LIABILITIES AND EQUITY BREAKDOWN 31 DECEMBER 2016 30 SEPTEMBER 2017 (THB mn) % out of total liabilities and equity (THB mn) % out of total liabilities and

&A 1Q 2018 (ended 31 March 2018) 14 MAY 2018 IMPORTANT EVENTS IN 1Q 2018 - After the first introduction of 21 large-format digital screens (also known as CBD LED network) back in July 2017, MACO has

Exercise ratio (warrant: common stock) 1 : 1 Exercise price (baht per share) 2.10 Term of warrants 3 years Exercise period Quarterly First exercise date 30 September 2020 Last exercise date 27 August 2021

in the first quarter of 2017 approximately THB 22.11 million. However, the Company fully settled such provision in the second quarter of 2017. No more of such expense incurred in the current period

Financial Reporting Standards (TFRS) no. 15 (TFRS 15), “Revenue from contracts with customers”, the Group has applied the first time on 1 January 2019 (initial application date). Revenue recognition of the

yet due 176 182 Up to 3 months 182 134 3 - 6 months 76 72 6 - 12 months 12 66 Over 12 months 13 13 Total 459 467 Allowance for doubtful debt 31 31 MANAGEMENT DISCUSSION & ANALYSIS 1Q 2020/21 ENDED JUNE