Income Statement Summary
(THB mn)
4Q 17/18 3Q 17/18 2Q 17/18 1Q 17/18 4Q 16/17
Revenues
Revenue from mass transit business * 2,159 3,642 1318 1993 2197
Revenue from media business 1,107 976 970 849 845
Revenue from property business 160 174 159 146 186
Revenue from services business 148 83 95 122 167
Other recurring income 553 599 270 159 184
Total recurring revenues 4,128 5,474 2,812 3,269 3,579
Accounting EBITDA 3,367 1,696 1,420 1,088 1,168
Operating EBITDA 1,154 1,144 875 917 988
Net income (loss) after minority interest 2,469 889 653 405 439
Year end: 31 March
(*) Includes operating and maintenance revenue, share of net profit from BTSGIF and interest income from E&M works and train procurement

Balance Sheet Summary
(THB mn)
As of
31 Mar
2018
As of
31 Dec
2017
As of
30 Sep
2017
As of
30 Jun
2017
As of
31 Mar
2017
Current assets 21,311 26,643 22,597 33,234 25,722
Non-current assets 84,747 80,271 78,296 68,037 67,909
Total assets 106,058 106,914 100,893 101,272 93,631
Current liabilities 22,923 23,555 24,957 23,989 18,616
Non-current liabilities 36,779 36,884 29,936 30,041 29,833
Total liablities 59,702 60,440 54,893 54,030 48,449
Share capital - issued and fully paid 47,761 47,761 47,761 47,740 47,740
Retained earnings (5,868) (6,309) (7,194) (5,781) (6,185)
Other items in shareholders' equity 2,276 5,022 5,433 5,282 3,627
Total shareholders' equity 46,355 46,475 46,000 47,241 45,182
Total liabilties and shareholders' equity 106,058 106,914 100,893 101,272 93,631

Cash Flow Statement Summary
(THB mn)
4Q 17/18 3Q 17/18 2Q 17/18 1Q 17/18 4Q 16/17
Net cash from (used in) operating activities (8,048) (1,554) (708) 381 (1,279)
Net cash from (used in) investing activities 9,468 1,356 (10,390) (435) (4,919)
Net cash from (used in) financing activities (5,159) 4,386 (1,235) 6,278 248
Net increase (decrease) in cash and cash equivalents (3,740) 4,188 (12,333) 6,223 (5,953)
Cash and cash equivalents at the beginning of the period 13,222 9,025 21,326 15,095 20,953
Others (24) 8 32 9 94
Cash and cash equivalents at the end of the period 9,458 13,222 9,025 21,326 15,095

Debt Information
(THB mn)
As of
31 Mar
2018
As of
31 Dec
2017
As of
30 Sep
2017
As of
30 Jun
2017
As of
31 Mar
2017
Interest bearing debt 47,169 49,700 44,495 43,435 38,310
Adjusted net debt * 17,129 15,609 14,007 4,600 6,064

Year end: 31 March

*Adjusted net debt: calculated based on interest bearing debt - cash and cash equivalent and liquid investment

Income Statement Summary
(THB mn)
2017/18 2016/17 2015/16 2014/15+ 2013/14+
Revenues
Revenue from mass transit business * 9,112 4,237 2,573 2,274 2,077*
Revenue from media business 3,902 3,010 2,318 2,926 3,121
Revenue from property business 639 617 896 1,355 2,934
Revenue from services business 449 743 492 548 399
Other recurring income 1,580 602 499 1,759 1,572
Total recurring revenues 15,683 9,209 6,780 8,861 10,104
Accounting EBITDA 7,571 4,114 6,254 4,937 18,334
Operating EBITDA 4,089 2,928 2,693 2,836 3,100
Net income (loss) after minority interest 4,416 2,003 4,134 2,944 12,598
Year end: 31 March
(*) Includes operating and maintenance revenue, share of net profit from BTSGIF and interest income from E&M works and train procurement
+ Restated to reflect effects from TFRIC 12 and TFRIC 4

Balance Sheet Summary
(THB mn)
As of
31 Mar
2018
As of
31 Dec
2017
As of
30 Sep
2017
As of
30 Jun
2017
As of
31 Mar
2017
Current assets 21,311 25,722 10,191 26,002 37,343
Non-current assets 84,747 67,909 55,069 40,808 39,368
Total assets 106,058 93,631 65,259 66,810 76,711
Current liabilities 22,923 18,616 12,560 6,560 8,557
Non-current liabilities 36,779 29,833 5,799 8,004 8,612
Total liablities 59,702 48,449 18,358 14,798 17,169
Share capital - issued and fully paid 47,761 47,740 47,717 47,677 47,657
Retained earnings (5,868) (6,185) (2,427) 475 3,793
Other items in shareholders' equity 2,276 3,627 1,610 3,860 8,092
Total shareholders' equity 46,355 45,182 46,901 52,012 59,542
Total liabilties and shareholders' equity 106,058 93,631 65,259 66,810 76,711

Cash Flow Statement Summary
(THB mn)
2017/18 2016/17 2015/16 2014/15+ 2013/14+
Net cash from (used in) operating activities (9,929) (4,082) 265 (71) 1,133
Net cash from (used in) investing activities (1) (7,539) (3,471) 1,401 12,633
Net cash from (used in) financing activities 4,270 24,360 (4,610) (12,425) (8,611)
Net increase (decrease) in cash and cash equivalents (5,661) 12,739 (7,816) 1,511 5,155
Cash and cash equivalents at the beginning of the period 15,095 2,365 10,112 8,669 3,513
Others 25 (9) 68 (67) (1)
Cash and cash equivalents at the end of the period 9,458 15,095 2,362 10,112 8,669

Debt Information
(THB mn)
2017/18 2016/17 2015/16 2014/15+ 2013/14+
Interest bearing debt 47,169 38,310 9,283 4,556 6,655
Adjusted net debt * 17,129 6,064 6,921 (5,556) (2,013)

Year end: 31 March

*Adjusted net debt: calculated based on interest bearing debt - cash and cash equivalent and liquid investment