Answer Happy

Calculate this financial ratio for the years 2020 with the following ratio categories:
1. Liquidity ratio
2. activity/ efficiency ratio
3. leverage/debt ratio
Notes to the Financial Statements - 31 December 2020 11. PROPERTY, PLANT AND EQUIPMENT Freehold Freehold buildings RM'000 Motor vehicles RM'000 Furniture and fittings RM'000 Computer systems RM'000 land RM'000 Tele- communi- cations network RM'000 Capital work-in- progress RM'000 Total RM'000 Group Cost 29,638 143,332 23,982 52 At 1 January 2020 Additions Disposals Write offs Transfers Reclassifications (Note 11(c)) Reclassification from intangible assets (Note 12) At 31 December 2020 232,079 (56) (9,124) (76) 38,943 (33,435) 263,839 (1,735) (44,623) (224) 4,211 (26,583) 6,530,499 79,048 (68,845) (675,319) 608,498 97,910 230,820 593,203 (2,479) (2) (651,652) 377 7,454.189 670,512 (125,071) (675,621) (571) 571 (27) 38,242 92.390 6,664,181 92.390 7,454,641 29,067 143,903 24,007 228,331 194,885 170,267 29,845 20,764 187,170 209,849 4,154,451 4,602,079 2,821 1,351 Accumulated depreciation At 1 January 2020 Depreciation expenses for the financial year Disposals Write offs Reclassifications (Note 11(c)) At 31 December 2020 27.051 (44,568) 6,717 (9,121) (76) (8,960) 175,730 (183) 640,507 (68,668) (624,654) 82,053 4,183,689 678,447 (122,357) (624,913) 38,242 4,571,498 184 32,850 61 22,176 (35,096) 157,053 Net carrying amount At 31 December 2020 29,067 111,053 1,831 52,601 37,832 2,480,492 170.267 2,883,143

Statements of Comprehensive Income For the financial year ended 31 December 2020 Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 Note 5 1,275,000 907 1,446,000 1,235 6.152,747 19,048 (1,538,639) (404,581) (169,645) (21,485) (242,099) (1,154,114) (67,689) (768,869) (212,547) 29,919 Revenue Other income Cost of materials and traffic expenses Sales and marketing expenses Operations and maintenance expenses Rental expenses Staff expenses Depreciation expenses Amortisation expenses Other expenses Finance costs Interest income Operating model transition costs Profit before tax Taxation Profit for the financial year, representing total comprehensive income for the financial year 7(b) 6,297,358 16,304 (1,434,390) (453,961) (112,623 (57,475) (224,628) (1,124,874) (72,425) (727.224) (231,076) 25,694 (8,359) 1,892,321 (459,372) 12 (194) (1,488) 6 102 202 7(d) 7 8 1,622,046 (401,077) 1,275,815 (24) 1,445.949 (48) 1,220,969 1,432,949 1,275,791 1,445,901 Attributable to: Owners of the parent 1,220,969 1,432,949 1.275,791 1,445,901 Group 2020 2019 Earnings per share attributable to owners of the parent (sen per share) 9 15.7 18.4

Statements of Financial Position As at 31 December 2020 Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 Note 11 2,883,143 248,036 3,031,878 2,852.110 305,986 2,595,088 773,361 772,751 Non-current assets Property, plant and equipment Intangible assets Right of use assets Investments in subsidiaries Other investment Trade and other receivables Contract costs Contract assets Derivative financial assets 12 13 15 16 18 14 78 344,538 57,887 28,886 61,728 6,656,174 78 427,565 66,170 26,661 18,605 6,292,263 5 19 773,361 772,751 17 18 4 Current assets Inventories Trade and other receivables Contract assets Income tax recoverable Cash and short-term deposits 5 137,207 972,387 66,437 51,676 302,853 1,530,560 8,186,734 90,501 1,220,923 79,590 8,448 457,716 1,857,178 8,149,441 20 250 254 828 832 773,583 773,615 Total assets Non-current liabilities Loans and borrowings Deferred tax liabilities Other liabilities 21 22 4,677,523 268,927 120.255 5,066,705 4,461,043 217,628 53,295 4,731,966 23 24 729 1.380 5 Current liabilities Trade and other payables Contract liabilities Derivative financial liabilities Other liabilities Loans and borrowings Income tax payable 1,432,986 306,283 394 1,784,308 283,572 419 19 23 420 21 774,510 688,756 13 2,757,488 7,489,454 2,514,173 7,580,878 5 734 734 13 1,393 1,393 Total liabilities Equity Share capital (Accumulated losses)/retained earnings Total equity Total equity and liabilities 25 27 769,655 (163.799) 605,856 8,186,734 769,655 (109,668) 659.987 8,149,441 769,655 3,226 772,881 773,615 769,655 2,535 772,190 773,583

Statements of Cash Flows For the financial year ended 31 December 2020 Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 Note (617,980) (102,249) (696,708) (54,004) Cash flows from investing activities Purchase of property, plant and equipment Purchase of intangible assets Additional investment in a subsidiary Dividends received from a subsidiary Interest received Proceeds from disposal of property, plant and equipment Net cash flows (used in)/from investing activities 5 (610) 1,275,000 102 1,446,000 202 11,617 24,781 110 612 (708,502) (725,319) 1,274,492 1,446,202 (587,500) (375,000) 150,000 Cash flows from financing activities Repayment of loans and borrowings Drawdown of loans and borrowings Proceeds from issuance of Sukuk Programme Payment of lease liabilities Dividends paid Net cash flows used in financing activities 1,000,000 (278,427) (1,446,150) (1,312,077) (379,422) (1.275,100) (1,879,522) 10 (1,275,100) (1,275,100) (1.446,150) (1,446,150) (155,966) 24,246 (578) 52 1,103 352 Net (decrease]/increase in cash and cash equivalents Effect of exchange rate changes on cash and cash equivalents Cash and cash equivalents at beginning of financial year Cash and cash equivalents at end of financial year 457,716 433,118 828 776 20 302,853 457,716 250 828

Statements of Cash Flows For the financial year ended 31 December 2020 Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 Note 1,622,046 1,892,321 1.275,815 1,445,949 12 67,689 72,425 11 13 678,447 475,667 693,643 431,231 31.2 14 81,588 87,199 212 77,660 103,020 3,104 (1,275,000) (1.446,000) 6 212,547 231,076 2,604 (72) 50,708 15 (57) ( 625 53 (25,694) 120 () (29,919) (102) ) (202) 23.1 (161) (4,953) (907) (1.235) Cash flows from operating activities Profit before tax Adjustments for: Amortisation of intangible assets Depreciation - property, plant and equipment - right of use assets Allowance for expected credit loss on trade receivables and contract assets Amortisation of contract cost Inventories written down Dividend income Finance costs Loss on disposal of property, plant and equipment Gain on termination of lease Write-off of property, plant and equipment Write-off of intangible assets Interest income Reversal of provision for employee leave entitlements Waiver of debt Employee benefits - share-based payment - defined benefit plan Fair value (gainy loss on foreign currency forward contracts Unrealised foreign exchange gain Operating cash flows before changes in working capital Changes in working capital: Inventories Trade and other receivables Contract asset Contract costs Trade and other payables Contract liabilities Cash flows from operations Advance payment for bandwidth Interest paid Proceeds from government grants Payments for provisions Taxes paid Net cash flows from operating activities 1,871 93 367 70 26 (25) (259) 118 (1,722) 3.250.355 3,473,302 (194) (1,488) 256 1,544 (46,918) 126,184 8,786 (78,916) (353,193) 22.711 2,929,009 (10,872) (246,989) 154,263 (334) ) (393,019) 2,432,058 (32,470) (358,565) 71,764 (98,060) (373,903) (31,814) ( 2,650,254 (57,881) (234,311) 278,572 (93) () (574,899 2,061,642 62 56 23.1 (56) (32) 30

Notes to the Financial Statements - 31 December 2020 5. REVENUE Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 Revenue from contracts with customers (Note 5.1) Lease income (Note 5.4) Dividend income from a subsidiary 6,068.991 83,756 6,210,845 86,513 1,275,000 1,275,000 1,446,000 1,446,000 6,152,747 6,297,358 5.1 Disaggregation of revenue from contracts with customers In the following table, revenue is disaggregated by major products or service lines (which also represents the Group's defined performance obligations). 2020 RM'000 2019 RM'000 Group Note (a) Major products/service lines Telecommunication revenue Sales of devices Total revenue from contracts with customers (b) 5,427,787 641,204 6,068.991 5,644,111 566,734 6.210.845 The timing of revenue recognition for respective major products or service lines are as follows: (a) (b) Services transferred over time Products transferred at a point in time 5.2 Contract balances Group 2020 RM'000 2019 RM'000 Note 18 129,767 28,886 101,098 26.661 Non-current assets Trade receivables Contract assets Current assets/(liabilities) Trade receivables Contract assets Contract liabilities 18 389,000 66,437 (306,283) 440,797 79,590 (283,572)

5.3 Right of return asset and refund liabilities Group 2020 RM'000 2019 RM'000 Right of return assets Refund liabilities 36,740 (36,740) 22,189 (22,189) 5.4 Group as a lessor The Group has entered into operating leases on certain network telecommunication sites. These leases have lease terms between one to six years. Lease income recognised by the Group during the financial year is RM83.8 million (2019: RM86.5 million). The future minimum rentals receivable under non-cancellable operating leases are as follows: 2020 RM'000 2019 RM'000 Within one financial year After one financial year but not more than five financial years More than five financial years 79,962 224,029 21,439 325,430 76,547 153,819 2,534 232,900

Notes to the Financial Statements - 31 December 2020 - 6. FINANCE COSTS Group 2020 RM'000 2019 RM'000 Note 104,200 7,820 129,647 3,406 Interest expense on: - Loans and borrowings - - Others Unwinding of discount: - Lease liabilities - Site decommissioning and restoration costs Net change in fair value of derivative financial instruments: - - Interest rate swaps 13 23.1 126,796 14,410 110,506 2,195 (14.678) (40,679) 212,547 231,076 7. PROFIT BEFORE TAX Profit before tax is derived after deducting/(crediting): Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 Note 31.2 81,588 77.660 11 13 678,447 475,667 87,199 693,643 431,231 103,020 14 Allowance for expected credit losses on trade receivables and contract assets Depreciation - property, plant and equipment - ROU asset Amortisation of contract cost Auditors' remuneration: - statutory audit - other services Staff expenses Non-executive directors' remuneration excluding benefits-in-kind 638 464 242,099 503 464 224,628 35 9 7(a) 7(b) 35 9 7(c) 897 882 90 88

Notes to the Financial Statements - 31 December 2020 7. PROFIT BEFORE TAX (CONTD.) Profit before tax is derived after deducting/crediting): (contd.) Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 Note 165,974 212 2,883 22,579 140,439 3,104 43,504 21,373 (843) (1.722) (2,083) (259) (25) 118 2,604 15 Transmission facilities services Inventories written down Rental of land and buildings Rental of equipment and others Realised foreign exchange gain Unrealised foreign exchange gain Fair value (gain)/loss on foreign currency forward contracts Loss on disposal of property, plant and equipment Gain on termination of lease Write-off of property, plant and equipment Write-off of intangible asset Bad debts recovered Waiver of debt Interest income from deposits with licensed banks Unwinding of significant financing component of revenue contracts with deferred payment scheme (57) 625 (72) 50,708 120 (16,149) 53 (15,708) (907) (1.235) (11,291) (18,320) (102) (202) (18,628) (7,374) (a) Fees for other services were incurred in connection with performance of agreed upon procedures and regulatory compliance reporting.

Notes to the Financial Statements - 31 December 2020 20. CASH AND SHORT-TERM DEPOSITS Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 250 828 Cash and bank balances Deposits with licensed banks Cash and cash equivalents 87,253 215,600 302,853 72,816 384,900 457,716 250 828 Cash and cash equivalents include cash on hand and at banks and deposits with financial institutions. For the purpose of the statements of cash flows, cash and cash equivalents are net of outstanding bank overdrafts, if any. The Group's cash and cash equivalents included amounts of foreign currency denominated in USD totalling RM4.3 million (2019: RM8.5 million) at the reporting date. Cash at banks earns interest at floating rates based on daily bank deposit rates. The weighted average effective interest rates of deposits at the reporting date are as follows: Group 2020 % 2019 % Deposits with licensed banks 2 3 The deposits with licensed banks of the Group will mature within one month (2019: one month) from the end of the reporting date. 21. LOANS AND BORROWINGS Group 2020 RM'000 Note 2019 RM'000 Non-current (unsecured) Floating-rate term loans Floating-rate term financing-i Islamic medium term notes Lease liabilities 21.1 329,859 367.776 1,798,503 2,181,385 4,677,523 555,162 373,486 1,798,219 1.734,176 4,461,043 13 Current (unsecured) Floating-rate term loans Floating-rate term financing- Lease liabilities 13 225,000 150,000 399,510 774,510 5,452,033 225,000 150,000 313,756 688,756 5,149,799 Total loans and borrowings

Notes to the Financial Statements - 31 December 2020 21. LOANS AND BORROWINGS (CONTD.) The maturities of the Group's loans and borrowings at the reporting date are as follows: Group 2020 RM'000 2019 RM'000 Less than one financial year Between one and two financial years Between two and five financial years More than five financial years 774,510 1,022,236 1,420,845 2.234,442 5,452,033 688,756 693,237 1.825.655 1,942, 151 5,149,799 Reconciliation of liabilities arising from financing activities Interest bearing loans and borrowings RM'000 Lease liabilities RM'000 Total RM'000 2,047.932 Group At 1 January 2020 Drawdown of floating-rate term financing-i Payment Non-cash changes: Other changes At 31 December 2020 3,101,867 150,000 (375,000) 5,149,799 150,000 (754,422) (379.422) (5,729) 2,871,138 912,385 2,580,895 906,656 5,452,033 At 1 January 2019 Adjustments upon adoption of MFRS 16 At 1 January 2019 (restated) Issuance of Sukuk Programme Payment Non-cash changes: Other changes At 31 December 2019 2,694,054 (8,452) 2,685,602 1,000,000 (587,500) 2.214,412 2,214,412 2,694,054 2.205.960 4,900,014 1,000,000 (865,927) (278,427) 111,947 3,765 3,101,867 115,712 5,149.799 2,047,932 Included in the other changes are transaction costs deducted against carrying amount of loans and borrowings amortised under effective interest rate method, and accrued but not yet paid interest on interest-bearing loans and borrowings. The Group classifies interest paid as cash flows from operating activities.

Notes to the Financial Statements - 31 December 2020 23. OTHER LIABILITIES Group 2020 RM'000 2019 RM'000 Non-current Provisions (Note 23.1) 120.255 53,295 Current Provisions (Note 23.1) Total other liabilities 420 120.255 53,715 23.1 Provisions Site decommissioning and restoration costs RM'000 Defined benefit plan RM'000 (Note 26) Total RM'000 Note 11 Group Non-current At 1 January 2020 Capitalised as property, plant and equipment Unwinding of discount Additional provision Paid during the financial year At 31 December 2020 11(a) a 6 7 53,284 52,532 14,410 - 53,295 52,532 14,410 93 ( (75) 120.255 93 (75) 120.226 29 34 Non-current At 1 January 2019 Capitalised as property, plant and equipment Unwinding of discount Additional provision Paid during the financial year At 31 December 2019 11(a) 6 7 48,930 2,159 2,195 48,964 2,159 2,195 70 70 (93) 11 (93) 53,295 53,284

Notes to the Financial Statements - 31 December 2020 30. SIGNIFICANT RELATED PARTY DISCLOSURES 30.1 Sales and purchases of services Related party relationships are as follows: (0) () The immediate and ultimate holding company are as disclosed in Note 1; and The Company's subsidiaries are as disclosed in Note 15. Significant transactions and balances with related parties of the Group during the financial year are as follows: Transactions 2020 RM'000 2019 RM'000 Balance due to/from at 2020 2019 RM'000 RM'000 Group With the ultimate holding company and fellow subsidiaries - Telenor ASA Consultancy services received Fees payable for licenses and trademarks (8,027) (3,697) 35,186 9,294 47,166 9.491 (367) (824) - Telenor GO Pte Ltd Personnel services received 3,468 5,289 (1,773) (3,067) (11,338) (9,982) - Telenor Global Services AS Sales of interconnection services on international traffic Purchases of inter-connection services on international traffic Purchases of global connectivity Clearing house services received for international roaming arrangements 8.254 8,670 3,449 2,678 389 507 (116) (433) - Total Access Communication Public Company Limited Sales of international roaming services Purchases of international roaming services (151) (680) 119 626 (2,099) (23) 255 (1.824) 957 - dtac TriNet Co. Ltd Sales of international roaming services Purchases of international roaming services Sales of interconnection services on international traffic Purchases of inter-connection services on international traffic (1.466) (245) 648 2.086

30. SIGNIFICANT RELATED PARTY DISCLOSURES (CONTD.) 30.1 Sales and purchases of services (cont'd.) Transactions 2020 RM'000 2019 RM'OOO Balance due to/from at 2020 2019 RM'000 RM'000 Group With the ultimate holding company and fellow subsidiaries (cont'd.) (4,398) (2,249) Telenor Norge AS Sales of international roaming services Purchases of international roaming services Business security strategy execution received (82) 33 10,411 (70) 22 7,154 (1,506) (543) (87) (955) Telenor Digital Services AS Consultancy fees rendered Services received on digital marketing and distribution platform Purchases of cloud based software infrastructure services Technical services received 6,147 156 6,112 4,637 (7,338) (7,742) Telenor Global Shared Services AS Services received on application operations and basic operation for data centre 10,897 7,504 - Telenor IT Asia Sdn Bhd (63) (443) 117 (10) 16 (149) 85 Telenor Myanmar Ltd Sales of international roaming services Purchases of international roaming services Purchases of interconnection services on international traffic Consultancy fees rendered 49 (236) (384) (5,732) (8,018) - Telenor Procurement Company Managed Services received 21,780 19,383 (547) 391 Telenor Global Services Singapore Pte Ltd Lease income from bandwidth leasing Lease expenses of bandwidth leasing Purchases of IP transit (6,935) 3,054 402 (5,569) 3,977 (1.403) - Tapad Inc. US Services received on digital marketing and distribution platform 755 2,066

31. FINANCIAL INSTRUMENTS (CONT'D.) 31.7 Classification The carrying amounts of financial instruments under each category, are as follows: Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 Note Financial assets Financial assets at fair value through OCI: Other investments 16 78 78 18 Financial assets at amortised cost: - Trade receivables - Other receivables Deposits and prepayments - Cash and short-term deposits 18 18 20 518,767 361,503 436,655 302,853 1,619,778 (252,657) 1,367,121 541,895 607,434 499,159 457716 2,106,204 (283,403) 1,822,801 250 254 828 832 Less: Prepayments 254 832 Financial assets at fair value through profit or loss: Derivative financial assets - Interest rate swaps 19 61,728 18,605

Notes to the Financial Statements - 31 December 2020 31. FINANCIAL INSTRUMENTS (CONTD.) 31.7 Classification (cont'd.) The carrying amounts of financial instruments under each category, are as follows: (cont'd.) Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 Note Financial liabilities Financial liabilities at fair value through profit or loss: Derivative financial liabilities - Foreign currency forward contracts 19 394 419 21 21 Other financial liabilities: Floating-rate term loans Islamic medium term notes Floating-rate term financing- Lease liabilities - Trade payables Other payables Accruals Customer deposits 21 21 24 24 554,859 1.798,503 517.776 2,580,895 194,071 357,072 539,880 15,034 6,558,090 780,162 1,798,219 523,486 2,047,932 247,686 778,114 415,326 15,850 6,606,775 644 1,355 24 644 1,355

17. INVENTORIES Group 2020 RM'000 2019 RM'000 Merchandise: At cost At net realisable value 111.196 26.011 137.207 69.234 21.267 90,501 During the financial year, the amount of inventories recognised as an expense in cost of materials of the Group was RM708.7 million (2019: RM679.2 million). 18. TRADE AND OTHER RECEIVABLES Group 2020 RM'000 2019 RM'000 Company 2020 RM'000 2019 RM'000 129,767 Non-current Trade receivables (Note 18.1) Other receivables Deposits and prepayments (Note 18.2) 101,098 77,900 248,567 427,565 214,771 344,538 Current Trade receivables (Note 18.1) Other receivables Deposits and prepayments (Note 18.2) 427,293 361,503 221,884 1,010,680 471.813 529,534 250,592 1,251,939 4 4 4 4 Allowance for expected credit loss on trade receivables (Note 31.2) (38,293) 972,387 1,316,925 (31.016) 1,220,923 1,648,488 4 4 4 4 Total trade and other receivables