Zen Corporation Group Public Company Limited 662 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 Item 1st Quarter 2019 2020 Number of New Equity Branches Opened (Branch) 7 1 Number of

: 02-0195000 Item 2nd Quarter 1st Half 2019 2020 2019 2020 Number of New Equity Branches Opened (Branch) 16 3 23 4 Number of Equity Branches at Period End (Branch) 129 155 129 155 Number of New Franchise

1,761.0 10.7 Short-term loans from financial institutions 189.2 265.3 (76.1) (28.7) Long-term loans from financial institutions 4,431.8 3,657.2 774.6 21.2 Trade and other payables 283.4 269.0 14.4 5.4

) 36.6 37.4 (0.8) (2.1) Deferred tax assets (net) 69.6 85.9 (16.3) (19.0) Derivative assets 0.1 - 0.1 N.A. (>100) Other assets 199.4 125.3 74.1 59.1 Total assets 18,740.2 16,429.7 2,310.5 14.1 Short-term

December 31 (Unit : THB Million) 2018 2017 2016 Liabilities and shareholders’ equity Liabilities Account payables 12.09 8.43 9.40 Other current liabilities 3.40 7.23 8.63 Short-term loan - - 10.00 Total

lower long term borrowing from debt repayment and lower spectrum payable and lease liability. Interest-bearing debt stood at Bt116,749mn, decreasing by -8.2%. Total equity was at Bt88,278mn, decreasing

margin decreased 5% from Q1/2018, because of the growth rate of natural gas price and the rise in finance cost from interest payment and short-term loan financing fee related to the acquisition of GLOW

)% Unbilled receivables 560.2 434.2 126.0 29.0% Short-term Loan to related parties - 18.0 (18.0) (100.0)% Inventories 268.0 305.8 (37.8) (12.4)% Other current assets 186.8 104.7 82.1 78.4% Investments in joint

part of the service periods over 1 year. Assets Items that has significant changes Balance by Quarter Change Q3–19 Q4–18 Q3–19 VS Q4–18 (MB) (MB) (MB) Short-term loans from financial institutions 700.0

months, unless the underlying asset is low. Assets Items that has significant changes Balance by Quarter Change Q1–20 Q4–19 Q1–20 VS Q4–19 (MB) (MB) (MB) Short-term loan from finance institution 950.0