) Top performance quintile 14.6249*** 13.1649*** 20.0810*** 21.8704*** 18.4900*** (2.7349) (3.4858) (3.6190) (4.5708) (6.4049) Lagged std dev of monthly returns -2.2631** -1.7302 -0.1520 0.2417 -0.7397

encouraged top management to provide adequate resources for this function by highlighting its significance on the overall quality of the companies’ financial information. Similar to the above necessities for

the leader of online top-up machine market both in terms of total usage amount and the number of kiosks, covering all area nationwide. The Company's strategy continues to emphasize on efficient location

. More specifically, CEO and the company’s directors are the ones with the ability to direct the company’s direction and its tone at the top; they are undoubtedly the essential drivers of the financial

Au di t In sp ec ti on A ct iv it ie s Re po rt 1 J an ua ry 2 01 3 - 31 D ec em be r 20 13 15 Leaders of an audit firm are in a crucial position to set the tone at the top as they could set an example

top-up value via “Boonterm Kiosk” for 2018 of Baht 41,980 million, which is increased by Baht 5,806 million or 16% compared to the top-up value of Baht 36,174 million for 2017. As at 31 December 2018

the prior year, the Company had revenue from sales of set-top box in accordance with the Digital TV subsidy program (phase 2) by the NBTC. Related technology business The Company had revenue from

6. Audit risks related to developments in the audit firms and profession Tone at the Top / Culture • Potential causes behind lack of improvement in level of inspection findings: fee pressures

. The Group has the top-up value via “Boonterm Kiosk” for Q1’ 2018 of Baht 10,421 million, which is increased by Baht 2,421 million or 30% compared to the top-up value of Baht 8,000 million for Q1’ 2017

% compared to the revenue of the prior year. It results from the increase in sale of set- top box which has been started since the end of 1Q17. Related technology business In 2Q17, the Group generates revenue