Income Statement Summary (THB mn) 3Q 18/19 2Q 18/19 1Q 18/19 4Q 17/18 3Q 17/18
Revenues
Revenue from mass transit business * 17,120 14,255 1,813 2,159 3,642
Revenue from media business 1,460 1,205 1,077 1,107 976
Revenue from property business 85 87 80 160 174
Revenue from services business 371 258 79 148 83
Other recurring income 275 440 65 553 599
Total recurring revenues 19,310 16,246 3,114 4,127 5,474
Accounting EBITDA 2,345 1,681 1,114 3,367 1,697
Operating EBITDA 1,858 1,401 1,128 1,154 1,144
Net income (loss) after minority interest 1,189 670 387 2,470 888

Year end: 31 March
(*) 3Q 2018/19 Mass Transit revenue includes: (i) Share of net profit (loss) from BTSGIF, (ii) Service Income from Train & BRT and Interest Income from Train Procurement as well as Interest Income under purchase and installation of operating system agreement, (iii) Services Income from the provision of E&M works and the train procurement service for the Southern and Northern Green Line extensions and (iv) Construction revenue and the interest income related to the Pink and Yellow lines

Balance Sheet Summary (THB mn) 31 Dec 18 30 Sep 18 30 Jun 18 31 Mar 18 31 Dec 17
Current assets 22,640 25,143 23,674 21,278 26,643
Non-current assets 111,859 100,566 86,793 84,980 80,271
Total assets 134,499 125,708 110,467 106,258 106,914
Current liabilities 39,079 28,517 24,918 22,923 23,555
Non-current liabilities 43,863 46,839 37,038 36,971 36,884
Total liablities 82,942 75,356 61,955 59,895 60,440
Share capital - issued and fully paid 47,381 47,381 47,381 47,761 47,761
Retained earnings (4,674) (7,544) (6,023) (5,868) (6,309)
Other items in shareholders' equity 10,850 10,515 7,154 4,470 5,022
Total shareholders' equity 53,557 50,352 48,512 46,364 46,475
Total liabilties and shareholders' equity 134,499 125,708 110,467 106,258 106,914

Balance Sheet

Cash Flow Statement Summary (THB mn) 3Q 18/19 2Q 18/19 1Q 18/19 4Q 17/18 3Q 17/18
Net cash from (used in) operating activities (7,482) (3,230) (2,110) (8,048) (1,554)
Net cash from (used in) investing activities (3,419) (1,422) (5,703) 9,468 1,356
Net cash from (used in) financing activities 7,741 10,228 2,896 (11,437) 4,386
Net increase (decrease) in cash and cash equivalents (3,160) 5,576 (4,917) (3,740) 4,188
Cash and cash equivalents at the beginning of the period 10,080 4,574 9,458 13,222 9,025
Others (25) (70) 33 (24) 8
Cash and cash equivalents at the end of the period 6,895 10,080 4,574 9,458 13,222
Debt Information (THB mn) 31 Dec 18 30 Sep 18 30 Jun 18 31 Mar 18 31 Dec 17
Interest bearing debt 63,479 58,072 49,485 47,169 49,700
Adjusted net debt * 39,512 28,427 18,688 17,129 15,609

Year end: 31 March

* Adjusted net debt: Calculated based on interest bearing debt - cash and cash equivalent and liquid investment - cash to be received from clearing house (share subscription of subsidiary)

Income Statement Summary (THB mn) 17/18 16/17 15/16 14/15+ 13/14+
Revenues
Revenue from mass transit business * 9,112 4,237 2,574 2,274 2,077*
Revenue from media business 3,902 3,010 2,318 2,926 3,121
Revenue from property business 639 617 897 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
(*) 2Q 2018/19 Mass Transit revenue includes: (i) Share of net profit (loss) from BTSGIF, (ii) Service Income from Train & BRT and Interest Income from Train Procurement as well as Interest Income under purchase and installation of operating system agreement, (iii) Services Income from the provision of E&M works and the train procurement service for the Southern and Northern Green Line extensions and (iv) Construction revenue and the interest income related to the Pink and Yellow lines
+ Restated to reflect effects from TFRIC 12 and TFRIC 4

Balance Sheet Summary (THB mn) 31 Mar 18 31 Mar 17 31 Mar 16 31 Mar 15 31 Mar 14
Current assets 21,290 25,722 10,191 26,002 37,343
Non-current assets 84,968 67,909 55,069 40,808 39,368
Total assets 106,258 93,631 65,259 66,810 76,711
Current liabilities 22,923 18,616 12,560 6,560 8,557
Non-current liabilities 36,971 29,833 5,799 8,004 8,612
Total liablities 59,895 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 4,470 3,627 1,610 3,860 8,092
Total shareholders' equity 46,364 45,182 46,901 52,012 59,542
Total liabilties and shareholders' equity 106,258 93,631 65,259 66,810 76,711

Balance Sheet

Cash Flow Statement Summary (THB mn) 17/18 16/17 15/16 14/15+ 13/14+
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 2,362 10,112 8,669 3,513
Others 25 (7) 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) 17/18 16/17 15/16 14/15+ 13/14+
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 - cash to be received from clearing house (share subscription of subsidiary)