in employees’ expenses. Expected Credit Losses To allocate a provision in accordance with Thai Financial Reporting Standard No. 9: Financial Instruments (TFRS 9), the bank has considered the expected

business’s comprehensive income at Baht 722 million. The comprehensive income included revaluation of investments. Pre-provision operating profit for 1Q21 increased yoy driven by the increased in net interest

marketing activities while increased 9%QoQ from seasonality and 5G launch campaign. Admin and other expenses saw –22%YoY decrease from improving bad debt provision and efficient cost management while declined

, increasing +4.6%YoY due to increase in bad debt provision from NBTC credit term expansion policy, and –19%QoQ due to employee remuneration in 4Q19. Net FX loss was Bt422mn in 1Q20, turned negative, compared to

. The financial impact is on reduction of ‘other receivable’ and ‘provision for revenue sharing’ on balance sheet while there is no impact on the income statement. 2. In 3Q21, AIS has announced a 50:50

sector whereby such sale of products or provision of services is not monopolized to any one business operator or a group of business operators. In this regard, at the time of application, the said sale of

Notification, but there is a certain fact indicating that the purpose or the substance of such offering is to avoid any provision of the law on Securities and Exchange1 or this Notification; (2) the offer for

) distributing products or providing services to the state entirely; (d) selling products or providing services, either entirely or partially, to a private sector whereby such sale of products or provision of

lower staff-related expenses. Bad debt provision as % of postpaid and FBB revenue remained at 2.6%. Cash flow In FY22, cash flow from operation (after tax) reported at Bt81,405mn, decreased -6.0% YoY

, increasing 53% YoY primarily due to higher staff cost and admin expenses following TTTBB acquisition. They also increased 11% QoQ due to accrued performance-based staff cost. The provision for bad debts as a