AAV One Report 2022

294 O N E R E P O R T 2 0 2 2 OVERVIEW BUSINESS OVERVIEW AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL INFORMATION SUSTAINABLE BUSINESS DEVELOPMENT • Schedule flight operations: the Group provides passenger air transportation services to routine destination for scheduled flight. The Group sells tickets through its distribution channels such as website, sale counter, travel agents, etc. • Chartered flight operations: the Group provides passenger air transportation services to non-routine destinations. Flights are operated when there is a hiring from customers who normally are tourist agency companies. Performance of each operating segment is measured by profit or loss from operation which is using the same basis that the Group measures its profit or loss from operation in the financial statements. Net gain on exchange rates, other income, finance cost and income tax are not allocated to each reporting segment. The Group’s total assets are joint assets that are used among segment. Hence, they are not allocated to each reporting segment. The basis of accounting for any transactions between reportable segments is consistent with that for third party transactions. Consolidated financial statements Scheduled flight operations Charter flight operations Other segments Total segments Adjustments and eliminations Consolidated For the year ended 31 December 2022 Revenues Revenues from sales and services from external customers 17,457,341 95,946 - 17,553,287 - 17,553,287 Intersegment revenues - - 25,000 25,000 (25,000) - Total revenues 17,457,341 95,946 25,000 17,578,287 (25,000) 17,553,287 Operating result Segment profit (loss) (7,696,493) 37,105 (31,828) (7,691,216) - (7,691,216) Other income 737,464 Other expense (1,521,857) Finance income 29,186 Finance costs (2,219,499) Loss before income tax revenue (10,665,922) Income tax revenue 2,451,560 Loss for the year (8,214,362) Total assets 64,685,524 (Unit: Baht Thousand) Revenues and loss information regarding the Group’s operating segments for the years 2022 and 2021 are as follows.

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