BCP 26.50 THB +0.25 (0.95%)

Financial Statements

Year 2019

As at 30 June 2019 and 31 December 2018 Consolidated (in thousand Baht)
2019
(Unaudited)
2018
Assets
Current assets
Cash and cash equivalents 5,703,251 11,550,620
Current investments 222,392 262,039
Trade accounts receivable 7,799,479 6,968,512
Other receivables 1,601,533 1,642,717
Inventories 17,220,870 15,134,925
Current tax assets 420,926 256,651
Oil fuel fund subsidies receivable 1,333,884 1,780,596
Total current assets 34,302,335 37,596,060
Non-current assets
Investments in subsidiaries - -
Investments in associates and joint ventures 18,271,394 18,047,950
Long-term loans to related parties 901,192 198,755
Other long-term investments 2,228,720 1,815,302
Investment properties 126,966 126,966
Property, plant and equipment 49,703,545 48,876,754
Goodwill 1,602,325 1,602,325
Leasehold rights 2,966,364 2,900,579
Intangible assets 3,506,371 3,658,271
Deferred tax assets 997,219 827,463
Other non-current assets 1,576,892 1,718,193
Total non-current assets 81,880,988 79,772,558
Total assets 116,183,323 117,368,618
Liabilities and equity    
Current liabilities    
Short-term loan from financial institutions 4,638,924 5,004,252
Trade accounts payable 8,911,155 6,680,251
Other payables 2,106,211 3,156,970
Current portion of long-term loans from financial institutions 2,250,501 2,215,714
Excise tax and oil fuel fund payable - 4,000,000
Income tax payable 161,358 121,162
Other current liabilities 979,031 938,559
Total current liabilities 21,631,947 25,503,610
Non-current liabilities    
Long-term loans from financial institutions 20,591,771 18,264,242
Debentures 20,982,556 20,980,047
Deferred tax liabilities 450,546 466,688
Liabilities on long-term lease 32,516 37,863
Non-current provisions for employee benefits 2,236,435 2,053,675
Provision for the decommissioning cost 330,171 355,355
Other non-current liabilities 167,158 169,584
Total non-current liabilities 44,791,153 42,327,454
Total liabilities 66,423,100 67,831,064
Equity    
Share capital    
  • Authorised share capital
1,376,923 1,376,923
  • Issued and paid-up share capital
1,376,923 1,376,923
Share premium on ordinary shares 11,157,460 11,157,460
Capital surplus on share reduction 189,618 189,618
Other surpluses 1,381,026 1,370,361
Surplus from business combination 1,170,411 1,170,411
Warrants 3,198 8,400
  • Appropriated
   
    • - Legal reserve
153,164 153,164
  • Unappropriated
27,469,606 27,453,937
Other components of equity (86,731) (165,309)
Equity attributable to owners of the parent 42,814,675 42,714,965
Non-controlling interests 6,945,548 6,822,589
Total equity 49,760,223 49,537,554
Total liabilities and equity 116,183,323 117,368,618
For Three-month period ended 30 June Consolidated (Baht)
2019 2018
(Restated)
Revenues
Revenue from sale of goods and rendering of services 48,326,050 45,557,583
Cost of sale of goods and rendering of services (45,738,380) (41,699,279)
Gross Profit 2,587,670 3,858,304
Interest income and dividend income 31,075 11,826
Other income 77,240 181,064
Selling expenses (1,165,558) (1,066,435)
Administrative expenses (731,698) (718,909)
Exploration and evaluation expense (184) (13,282)
Loss from crude and product oil price hedging contract (28,047) (135,931)
Gain (loss) from foreign currency forward contracts 26,960 94,998
Gain (loss) on foreign exchange 167,693 (38,548)
Impairment losses on assets - (411,575)
Share of profit (loss) of investments in associates and joint ventures 156,343 (8,308)
Profit before finance costs and income tax expense 1,121,494 1,753,204
Finance costs (421,326) (374,035)
Profit before income tax expense 700,168 1,379,169
Tax expense (24,855) (253,027)
Profit for the period 675,313 1,126,142
Profit (loss) attributable to:
  • Owners of the parent
528,121 985,134
  • Non-controlling interests
147,192 141,008
Profit for the period 675,313 1,126,142
Basic earnings per share 0.38 0.72