a result of unearned revenue from initial franchise fee received in advance. (The unearned franchise revenue will be recognized as revenue over the 5-year period) and the increase in the provision for

, Liabilities arising from financial lease of aircrafts and Finance lease liabilities 580.3 539.5 40.8 Income tax payable 10.1 213.9 (193.8) Unearned income 2,195.0 2,625.7 (430.7) Other current liabilities

ratio of 0.57, decreasing from previous year, as a result of the reduction in current assets from collection of unearned revenue and other receivables of Bt130.07mn. Debt to equity ratio was 2.13

will be recorded as unearned income in S’s consolidated financial statement and recognized as revenue over 30 years start in Q1’2019. In the meantime, S has invested in 20% shareholding in SPRIME

of aircrafts and Finance lease liabilities 539.5 465.3 74.2 Unearned revenue 2,625.7 2,368.8 256.9 Other current liabilities 2,077.0 1,765.5 311.5 Total current liabilities 8,315.4 7,327.6 987.8 Non

lease of aircrafts and Finance lease liabilities 691.3 539.5 151.8 Income tax payable 13.1 213.9 (200.8) Unearned revenue 2,531.0 2,625.7 (94.7) Other current liabilities 2,152.1 2,077.0 75.1 Total

portion of long-term lease liabilities from related party 45.4 34.3 11.1 Income tax payable 95.9 13.1 82.8 Unearned revenue 2,141.5 2,531.0 (389.5) Other current liabilities 2,122.2 2,152.1 (29.9) Total

liabilities 679.6 691.3 (11.7) Current portion of long-term lease liabilities from related party 45.4 34.3 11.1 Income tax payable 95.9 13.1 82.8 Unearned revenue 2,141.5 2,531.0 (389.5) Other current

- 411.7 (411.7) Income tax payable 51.9 277.3 (225.4) Unearned revenue 864.9 2,343.7 (1,478.8) Other current financial liabilities 1,311.8 - 1,311.8 Other current liabilities 2,631.0 2,457.7 173.3 Total

receivables under finance lease net of unearned financial income. Revenue from sales of electricity under the Power Purchase Agreement then recognized as a Revenue from service under a Power Purchase Agreement