enterprise market in the medium term. Cost management has resulted in profitability improvement. Excluding payment to TOT, cash cost of service and SG&A continued to be stabilized, -4.8% YoY and +2.2% QoQ, due
portion of the agreement as a payment guarantee and to improve the debt collection period in order to reduce the risk of debt repayment in the future. 4. Are the following transactions considered as a
% QoQ due to 4G network investment. Network OPEX was Bt5,051mn, increasing 23% YoY as we started TOT partnership to utilize spectrum and equipment late last year. Excluding the payment to TOT (Bt2,375mn
(5.5% of revenue from 10.5% in 2016). Network OPEX was flat QoQ but increased 99% YoY mainly from 4G expansion and addition of TOT partnership payment. EBITDA margin improved to 44.6% from 36.4% in 4Q16
from P&L are annualized YTD. Intangible asset 5,092 1.8% 5,180 1.8% Defer tax asset 3,210 1.1% 2,991 1.0% Debt Repayment Schedule License payment schedule Others 5,337 1.8% 5,113 1.8% Bt mn Debenture
% Figures from P&L are annualized YTD. Defer tax asset 3,491 1.2% 3,777 1.0% Debt Repayment Schedule License payment schedule Others 4,984 1.7% 5,311 1.4% Bt mn Debenture Loan 1800MHz 900MHz 2600MHz Total
cost was Bt1,104mn, decreasing -7.6%YoY and -7.5%QoQ from lower deferred spectrum interest after 900MHz license payment has been made in Jul-20 offset by increase in interest bearing debt. Profit In 3Q20
climbing to 1. 7mn. The mobile money platform under a joint venture, Rabbit LINE Pay, expanded its payment coverage to the sky train mass transit and grew monthly active users to 850,000. The enterprise
% 3,491 1.2% Debt Repayment Schedule License payment schedule Others 5,337 1.8% 4,984 1.7% Bt mn Debenture Loan 1800MHz 900MHz Total Assets 290,505 100% 289,669 100% 2020 - 14,829 3,128 21,747 Trade payable
Service Coverage Ratio (times) 4.6 3.1 3.7 Return on Equity 32% 31% 33% Figures from P&L are annualized YTD. *Exclude Lease liability Debt Repayment Schedule License payment schedule Bt mn Debenture Loan