comes from the repayment of long-term borrowing in the solar energy business. • Trade and other payables decreased by Baht (18) million because deposits received in advanced and trade payables decreased
84.57 million and the Company’s account payable was decreased by Baht 30.28 million. In addition, the Company was repayment in advanced receivable which amount of Baht 23.40 million to customer
mainly comes from the repayment of long-term borrowing in the solar energy business. • Trade and other payables increased by Baht 51 million because of deposits received in advanced and accrued payroll
decreased by 25.8 MB or 27.3%, due to an increase in advanced payment of the project in Q1- 2017. Liabilities Balance by Quarter Changes Items that has significant changes Q1-2017 Q4-2016 Q1–2017 vs Q4-2016
increased by138.57%. Because of the purchasing raw material, construction’s consumable cost, and subcontractors cost for on hand projects. Including, liabilities from cash received in advanced of projects
financial institutions to use as revolving credit for the group and paying to trade payables. • Trade and other payables decreased by Baht (14) million because decrease in deposits received in advanced Baht
addition, the Company was repayment in advanced receivable to customers which amount of Baht 33.79 million and the Company was repayment of long term loan which long term loan was decreased by Baht 132.12
increase of 51.2% when it compared to the balance as at 31 December 2017. This is because income tax from net profit in Q1–2018. Advanced receipts from customers decreased by 29.2 MB, representing a decrease
1 2017 MD&A Advanced Info Service Plc. Executive Summary In 2017, mobile business improved from stronger 4G positioning amidst competitive environment. Competitive landscape remained challenging in