) (2,323.4) 29.4% Gross profit 465.6 471.6 463.7 (1.7%) (0.4%) 905.0 935.3 3.3% Net gain (loss) on exchange rate 30.9 (4.6) 86.7 N.A.(

Baht 52.31 million. The main reason was the decrease in revenue from finance lease contracts in the amount of Baht 29.83 million. Additionally, the shutdowns for planned maintenance were more than those

according to the initially adopted TFRS 16 on contracts previously identified as leases according to TAS 17 Leases, and depreciation expense during the period amounting of 20.04 Million Baht. Net effect of

December 31, 2019 Baht Million 2018 2019 +/(-) +/(-) % 1. Content Business Revenue from contracts with customers - program rights 1,317.74 1,641.82 324.08 24.59% - Domestic sales 933.24 1,123.83 190.59 20.42

services (1,149.4) (1,274.4) 125.0 10.9% Gross profit 471.6 466.2 (5.4) (1.1%) Net loss on exchange rate (4.6) (17.4) 12.8 278.3% Loss on forward contracts (0.2) (1.5) 1.3 650.0% Other income 3.7 4.7 1.0

subsidiaries (“the Group”) as follow: * Extraordinary items from non-operating, consists of unrealized gain (loss) on exchange rate of receivable under finance lease and gain (loss) on forward contracts

increase of 13.1%, due to an increase in purchase tax and unpaid tax for the project has already been implemented but not yet delivered. In addition, gains from forward contracts due to forward exchange

-term contracts with clients operating solar power projects in Thailand, amounted to THB 41.77 million, representing 56.97% of total revenue (in 2018: THB 41.77 million). - Rental income In 2019, SAAM

Income Statement 2018 2019 YoY Mio. % Mio. % Mio. % Revenue from Contracts with Customers 288.7 15.4% 363.7 14.4% 75.0 26.0% Interest Income and dividend income 1,228.40 65.7% 1,294.50 51.3% 66.1 5.4

loss was from the strengthening of the baht. The company policy is to cover forex risk with forward contracts results in a forex loss of 0.23 million baht or an increase of 0.04 million baht representing