Income Statement Summary (THB mn)
19/20
18/19
(Restated)
17/18
16/17
15/16
Revenues
Revenue from mass transit business * 32,076 41,328 9,112 4,237 2,574
Revenue from media business 5,735 5,204 3,902 3,010 2,318
Revenue from property business 381 360 639 617 897
Revenue from services business 1,746 1,112 449 743 492
Other recurring income 2,182 1,103 1,574 602 499
Total recurring revenues 42,119 49,107 15,676 9,209 6,780
Accounting EBITDA 6,876 7,571 4,114 6,254
Operating EBITDA 7,460 6,137 4,089 2,928 2,693
Net income (loss) after minority interest 8,162 2,873 4,416 2,003 4,134

Year end: 31 March
(*) FY 2019/20 Mass Transit revenue includes: (i) Share of net profit (loss) from BTSGIF (included in 'Share of profit (loss) from investments in associates' in statement of comprehensive income), (ii) Service Income from Train, farebox revenue from BRT, Interest Income from Train Procurement and Interest Income under purchase and installation of operating system agreement, as well as revenue from the provision of E&M works and train procurement service for the Gold line, (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 20
31 Mar 19
(Restated)
31 Mar 18
31 Mar 17
31 Mar 16
Current assets 22,398 19,653 21,667 25,722 10,191
Non-current assets 150,702 124,745 84,591 67,909 55,069
Total assets 173,000 144,398 106,258 93,631 65,259
Current liabilities 32,915 41,612 22,923 18,616 12,560
Non-current liabilities 72,940 50,477 36,971 29,833 5,799
Total liablities 105,855 92,089 59,895 48,449 18,358
Share capital - issued and fully paid 52,617 47,381 47,761 47,740 47,717
Retained earnings (6,428) (7,739) (5,868) (6,185) (2,427)
Other items in shareholders' equity 21,057 12,668 4,470 3,627 1,610
Total shareholders' equity 67,246 52,310 46,364 45,182 46,901
Total liabilties and shareholders' equity 173,000 144,398 106,258 93,631 65,259

Balance Sheet

Cash Flow Statement Summary (THB mn)
19/20
18/19
17/18
16/17
15/16
Net cash from (used in) operating activities (14,107) (15,503) (9,929) (4,082) 265
Net cash from (used in) investing activities (14,459) (17,596) (1) (7,539) (3,471)
Net cash from (used in) financing activities 27,551 27,757 4,270 24,360 (4,610)
Net increase (decrease) in cash and cash equivalents (1,015) (5,342) (5,661) 12,739 (7,816)
Cash and cash equivalents at the beginning of the period 4,021 9,458 15,095 2,362 10,112
Others 220 (95) 25 (7) 68
Cash and cash equivalents at the end of the period 3,226 4,021 9,458 15,095 2,362
Debt Information (THB mn)
19/20
18/19
17/18
16/17
15/16
Interest bearing debt 88,559 72,474 47,169 38,310 9,283
Adjusted net debt * 70,892 53,783 17,129 6,064 6,921

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) 2Q 19/20 3Q 19/20 4Q 19/20 1Q 20/21 2Q 20/21
Operating revenue 1 10,739 10,216 7,793 9,725 8,910
Mass Transit 8,512 7,806 6,446 8,929 7,946
Media 1,404 1,639 747 441 710
Property 100 113 88 35 45
Services 723 657 511 320 209
Total revenue 11,886 11,185 9,915 10,770 10,055
Recurring EBITDA 2 2,450 3,707 1,289 1,520 2,012
Recurring net income after minority interest 1,131 2,363 261 461 751
Net income after minority interest 1,277 2,445 3,531 443 765

Year end: 31 March

1 Operating revenue from operational performance of 4 BUs, excludes interest income, dividend income and non-recurring items.

2 Recurring EBITDA calculated from the operational performance of 4 BUs, interest income, dividend income, other income, net share of profit /(loss) from associates/ JV, yet, excludes other non-recurring items.

Balance Sheet Summary (THB mn) 30 Sep 19 31 Dec 19 31 Mar 20 30 Jun 20 30 Sep 20
Current assets 19,532 15,308 22,398 11,359 12,118
Non-current assets 143,964 156,647 150,702 164,457 173,788
Total assets 163,496 171,955 173,100 175,816 185,906
Current liabilities 30,083 29,098 32,915 28,371 32,993
Non-current liabilities 67,829 70,779 72,940 84,411 90,000
Total liablities 97,912 99,877 105,855 112,782 122,994
Share capital - issued and fully paid 50,227 52,617 52,617 52,618 52,644
Retained earnings (8,766) (6,307) (6,428) (8,627) (9,708)
Other items in shareholders' equity 24,123 25,768 21,057 19,043 19,976
Total shareholders' equity 65,584 72,078 67,246 63,034 62,912
Total liabilties and shareholders' equity 163,496 171,955 173,100 175,816 185,906

Balance Sheet

Cash Flow Statement Summary (THB mn) 2Q 19/20 3Q 19/20 4Q 19/20 1Q 20/21 2Q 20/21
Net cash from (used in) operating activities (3,878) (4,369) (2,692) (3,429) (5,452)
Net cash from (used in) investing activities (1,118) (5,374) (4,312) 6,478 (3,461)
Net cash from (used in) financing activities (5,678) 9,217 6,141 (2,383) 9,369
Net increase (decrease) in cash and cash equivalents (10,674) (526) (878) 665 456
Cash and cash equivalents at the beginning of the period 15,066 4,216 3,830 3,226 3,838
Others (176) 140 273 (53) 70
Cash and cash equivalents at the end of the period 4,216 3,830 3,226 3,838 4,365
Debt Information (THB mn) 30 Sep 19 31 Dec 19 31 Mar 20 30 Jun 20 30 Sep 20
Interest bearing debt 77,079 80,174 88,559 87,404 98,982
Adjusted net debt * 58,805 60,416 70,892 72,424 82,343

Year end: 31 March

3Adjusted net debt: Calculated based on interest bearing debt - cash and cash equivalent and liquid investment