SUBMISSION OF AUDITOR'S REPORT FOR Q2/2000 AND F/S
15 สิงหาคม 2543
Translation
AIS. 0164/2000
August 15, 2000
Re: Submission of Auditor's Report for Quarter 2/2000 and Financial Statement
To: President
Stock Exchange of Thailand
Enclosure : One set of Quarter 2/2000 Financial Statement Thai Version
One set of Quarter 2/2000 Financial Statement English Version
Advanced Info Service Plc. (The Company) would like to submit its second
quarter reviewed financial statement ended June 30, 2000 and 1999.
Concurrently, the Company would like to clarify the operational result of
this second quarter that the Company's net income in the second quarter of
2000 was Baht 2,302 Million while the year 1999 was Baht 786 Million or an
increase by 193% because;
1. The Company's total revenue increased from the second quarter of 1999 by
Baht 2,998 Million or 73% because;
- The Company's subscribers increased from 1,063,340 at the end of second
quarter 1999 to 1,481,267 at the end of second quarter 2000 resulting
in the increase in Company's revenue from services and equipment rental
by Baht 1,776 Million or 45%.
- The Company had Baht 1,032 Million compensation income from purchase
tax and Value Added Tax including interest received from Telephone
Organization of Thailand (TOT).
- The Company had net gain on exchange by Baht 175 Million in the second
quarter of 2000 while no such revenue in the second quarter of 1999.
2. The Company's total expenses increased from the second quarter of 1999 by
Baht 810 Million or 25% due to the increase in cost of services and
equipment. This increase was mainly due to the increase in the Company's
subscriber base.
3. The Company's income tax increased by Baht 325 Million from the second
quarter of 1999 to Baht 1,069 Million in the second quarter of 2000. This
increase due to the increase in the Company's income before tax of Baht
2,260 Million.
.
Please be informed accordingly,
Best Regards,
-Signed-
(Mr. Somprasong Boonyachai)
Director
Advanced Info Service Plc.