BCP 15.20 THB -0.10 (-0.65%)

Financial Statements

Year 2020

As at 30 June 2020 and 31 December 2019 Consolidated (in thousand Baht)
2020
(Unaudited)
2019
Assets
Current assets
Cash and cash equivalents 18,094,155 7,275,806
Current investments - 288,261
Trade and other current receivables 4,661,675 11,072,591
Inventories 11,486,924 15,835,052
Current tax assets 48,784 461,092
Current portion of long-term loan to related parties - -
Other current financial assets 142,422 -
Non-current assets classified as held for sale 14,190 -
Oil fuel fund subsidies receivable 2,109,457 2,688,055
Total current assets 36,557,607 37,620,857
Non-current assets
Other non-current financial assets 3,299,338 -
Investments in subsidiaries - -
Investments in associates and joint ventures 15,854,351 18,037,040
Long-term loans to related parties 1,218,232 1,035,872
Other long-term investments - 2,068,972
Investment properties 126,966 126,966
Property, plant and equipment 54,061,922 52,584,001
Right-of-use assets 10,716,905 -
Goodwill 2,143,943 1,920,678
Leasehold rights - 3,125,136
Intangible assets 10,432,023 8,493,908
Deferred tax assets 2,855,377 1,120,772
Other non-current assets 1,866,470 1,653,782
Total non-current assets 102,575,527 90,167,127
Total assets 139,133,134 127,787,984
Liabilities and equity    
Current liabilities    
Short-term loan from financial institutions 7,824,400 5,051,000
Trade and other current payables 5,010,770 13,446,859
Current portion of long-term loans from financial institutions 2,374,850 2,198,187
Current portion of lease liabilities (2019: Current portion of finance lease liabilities) 1,545,094 28,673
Current portion of debenture 5,500,000 3,000,000
Excise tax and oil fuel fund payable 2,708,059 1,241,894
Current income tax payable 174,047 144,540
Long-term provisions - 733,047
Other current financial liabilities 266,708 -
Other current liabilities 1,303,702 1,238,858
Total current liabilities 26,707,630 27,083,058
Non-current liabilities    
Long-term loans from financial institutions 27,497,263 19,807,452
Lease liabilities (2019: Finance lease liabilities) 6,128,178 -
Debentures 23,477,268 17,984,746
Deferred tax liabilities 660,707 608,592
Liabilities on long-term lease - 32,516
Non-current provisions for employee benefits 2,551,616 2,588,111
Provision for the decommissioning cost 280,448 322,897
Other non-current financial liabilities 82,269 -
Other non-current liabilities 177,629 545,567
Total non-current liabilities 60,855,378 41,889,881
Total liabilities 87,563,008 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 2,743,641 2,742,875
Warrants 1,865 2,122
Retained earnings    
  • Appropriated
153,164 153,164
  • Legal reserve
505,406 431,861
  • Treasury shares reserve
19,958,279 27,146,932
Treasury shares (505,406) (431,861)
Perpetual subordinated debentures 9,940,797 9,940,797
Other components of equity (951,576) (916,343)
Equity attributable to owners of the parent 44,380,553 51,603,930
Non-controlling interests 7,189,573 7,211,115
Total equity 51,570,126 58,815,045
Total liabilities and equity 139,133,134 127,787,984
For the year ended 30 June Consolidated (in thousand Baht)
2020 2019
(Restated)
Revenues
Revenue from sale of goods and rendering of services 26,594,311 48,326,050
Cost of sale of goods and rendering of services (26,035,842) (45,738,380)
Gross Profit 558,469 2,587,670
Dividend income - -
Other income 186,783 108,315
Selling expenses (969,858) (1,165,558)
Administrative expenses (615,208) (731,698)
Exploration and evaluation expense - (184)
Gain (loss) from derivatives 282,700 (1,087)
Gain on foreign exchange 132,244 167,693
Loss from impairment of assets (83,073) -
Profit (loss) from operating activities (507,943) 965,151
Finance costs (517,335) (421,326)
Impairment loss determined in accordance with TFRS 9 (894,990) -
Share of profit of associates and joint ventures accounted for using equity method 168,802 156,343
Profit (loss) before income tax expense (1,751,466) 700,168
Tax income (expense) 26,042 (24,855)
Profit (loss) for the period (1,725,424) 675,313
Profit (loss) attributable to:
  • Owners of the parent
(1,910,718) 528,121
  • Non-controlling interests
185,294 147,192
Profit (loss) for the period 2,488,492,891 3,234,695,734
Basic earnings (loss) per share (in Baht) (1.50) 0.38