of previous year at 2.51 MB or 13.90 per cent. Main reason is from annual compensation adjustment for staff and executives. As well as higher numbers of employees of the Group to reserve and support

non-cash adjustment and other operating activities of THB 1,575 million; 2) Cash flow from investing activities of THB 2,464 million, which was spent to invest in bank deposit for THB 1,700 million, and

benefit plan - Unrealized gain (loss) on change Value of investments in available-for-sale securities -Adjustment for loss on changes in fair value Available-for- sale securities are impairment losses

contributed of THB 990 million and partial offset with the adjustment in other comprehensive income for actuarial of employee benefit obligations increased by THB 16 million. Management’s Discussion and

adjustment in other comprehensive income for actuarial of employee benefit obligations increased by THB 16 million. Management’s Discussion and Analysis (MD&A) for year 2017 (Revised) 14 Appendix Unit

cash and cash equivalents, receivables under finance lease increased by Baht 105.6 million from the adjustment of exchange rates. Inventories increased by Baht 72.0 million due to the change of fuel

Baht 6.7 million according to the increase in revenue. Receivables under finance lease decreased by Baht 103.6 million from the adjustment of exchange rates and cash received during the period

percent due to a decrease of Baht 32.6 million in cash and cash equivalents, receivables under finance lease decreased by Baht 128.9 million from the adjustment of exchange rates and cash received during

translation adjustment and cash & cash equivalents of subsidiaries which classify as assets held for sale MANAGEMENT DISCUSSION & ANALYSIS 1Q 2019 15 MAY 2019 U CITY PCL 1Q 2019 - MD&A (for three-month period

amortisation 461 474 (3%) Interest income (0) (0) 96% Finance costs 267 237 11% Unrealized loss (gain) on exchange rate (531) (437) 18% Gain on adjustment in value of securities 1 - 100% Bad and doubtful debts