BCP 21.40 THB +0.30 (1.42%)

Financial Statements

Year 2020

As at 31 March 2020 and 31 December 2019 Consolidated (in thousand Baht)
2020
(Unaudited)
2019
Assets
Current assets
Cash and cash equivalents 10,604,785 7,275,806
Current investments - 288,261
Trade and other current receivables 8,281,426 11,072,591
Inventories 13,602,162 15,835,052
Current tax assets 475,927 461,092
Other current financial assets 159,301 -
Oil fuel fund subsidies receivable 3,402,781 2,688,055
Total current assets 36,526,382 37,620,857
Non-current assets
Other non-current financial assets 1,972,474 -
Investments in subsidiaries - -
Investments in associates and joint ventures 16,381,497 18,037,040
Long-term loan to related parties 1,274,022 1,035,872
Other long-term investmentes - 2,068,972
Investment properties 126,966 126,966
Property, plant and equipment 54,063,307 52,584,001
Right-of-use assets 10,969,075 -
Goodwill 2,175,357 1,920,678
Leasehold rights - 3,125,136
Intangible assets 11,126,905 8,493,908
Deferred tax assets 2,879,909 1,120,772
Other non-current assets 1,686,486 1,653,782
Total non-current assets 102,655,998 90,167,127
Total assets 139,182,380 127,787,984
Liabilities and equity
Current liabilities
Short-term loan from financial institutions 12,209,400 5,051,000
Trade and other current payables 8,768,594 13,446,859
Current portion of long-term loans from financial institutions 2,416,521 2,198,187
Current portion of lease liabilities
(2019: Current portion of finance lease liabilities)
1,538,595 28,673
Current portion of debenture 3,000,000 3,000,000
Excise tax and oil fuel fund payable 869,665 1,241,894
Current income tax payable 254,131 144,540
Long-term provisions - 733,047
Other current financial liabilities 570,009 -
Other current liabilities 1,263,690 1,238,858
Total current liabilities 30,890,605 27,083,058
Non-current liabilities
Long-term loans from financial institutions 26,766,561 19,807,452
Lease liabilities (2019: Finance lease liabilities) 6,354,213 -
Debentures 17,984,682 17,984,746
Deferred tax liabilities 704,584 608,592
Liabilities on long-term lease - 32,516
Non-current provisions for employee benefits 2,496,314 2,588,111
Provision for the decommissioning cost 349,504 322,897
Other non-current financial liabilities 84,187 -
Other non-current liabilities 162,943 545,567
Total non-current liabilities 54,902,988 41,889,881
Total liabilities 85,793,593 68,972,939
Equity
Share capital    
  • Authorised share capital
1,376,923 1,376,923
  • Issued and paid-up share capital
    (1,376,923,157 ordinary shares of Baht 1 each)
1,376,923 1,376,923
Share premium on ordinary shares 11,157,460 11,157,460
Other surpluses 2,743,026 2,742,875
Warrants 1,985 2,122
Retained earnings    
  • Appropriated
    • - Legal reserve
153,164 153,164
    • - Treasury shares reserve
505,406 431,861
  • Unappropriated
22,114,581 27,146,932
Treasury shares (505,406) (431,861)
Perpetual subordinated debentures 9,940,797 9,940,797
Other components of equity (1,392,434) (916,343)
Equity attributable to owners of the parent 46,095,502 51,603,930
Non-controlling interests 7,293,285 7,211,115
Total equity 53,388,787 58,815,045
Total liabilities and equity 139,182,380 127,787,984
For Three-month period ended 31 March Consolidated (in thousand Baht)
2020 2019
Revenue from sale of goods and rendering of services 43,070,456 45,535,329
Cost of sale of goods and rendering of services (44,286,661) (43,354,727)
Gross profit (1,216,205) 2,180,602
Dividend income - -
Other income 105,030 118,492
Selling expenses (1,100,030) (1,021,658)
Administrative expenses (662,461) (699,374)
Exploration and evaluation expense (212) (4,415)
Gain (loss) from derivatives (359,529) 17,687
Gain on foreign exchange 326,370 57,395
Loss from impairment of assets (1,404,177) -
Profit (loss) from operating activities (4,311,214) 648,729
Finance costs (463,923) (442,814)
Impairment gain and reversal of impairment loss (impairment loss) determined in accordance with TFRS 9 5,275 -
Share of profit (loss) of associates and joint ventures accounted for using equity method (1,082,147) 157,318
Profit (loss) before income tax expense (5,852,009) 363,233
Tax income 1,535,886 31,579
Profit (loss) for the period (4,316,123) 394,812
Profit (loss) attributable to:
  • Owners of parent
(4,660,770) 213,953
  • Non-controlling interests
344,647 180,859
Profit (loss) for the period (4,316,123) 394,812
Basic earnings (loss) per share (3.49) 0.16