a significant factor that may impact our selling expenses in the following periods is the recognition of sponsorship expenses for English Football League based on terms and conditions as agreed among

event for official launch of Carabao Cup held in the United Kingdom. Note that a significant factor that may impact our selling expenses in the following periods is the recognition of sponsorship expenses

to its turnkey business, the revenue recognition is performed based on percentage of completion method which may deviate from the payment plan according to the contractual conditions. As a result

a near-zero margin contribution. This will partially be offset with a full- year recognition of payments to TOT for the use of spectrum, towers, and equipment. Overall, we expect the consolidated

Receivables Due to its turnkey business, the revenue recognition is performed based on percentage of completion method which may deviate from the payment plan according to the contractual conditions. As a

the same period in 2016. This was due to the termination of the programmed co-production agreement before the due date at the beginning of 2016 but no revenue recognition from other business, which was

leasehold rights transaction was to reduce the cost of the Company incurred from the recognition of project cost since it entered into such lease agreement in 2014. Since then, Project MET has not started any

4 The objective of this termination of the leasehold rights transaction was to reduce the cost of the Company incurred from the recognition of project cost since it entered into such lease agreement

Bt613mn increasing 39% YoY mainly due to a revenue recognition of expired cash cards and other fines. Finance cost was Bt5,302mn increasing 25% YoY due to the deferred interest from spectrum licenses

enterprise solution following digitization trend. Revenue from interconnection charge (IC) and TOT partnership reported at Bt3,494mn, decreasing -18%YoY due to one-time revenue recognition in 3Q19 from the new