expand on the back of domestic demand momentum. Private consumption expanded in line with the continual broad-based improvements in household income. Domestic investment expanded at a slower pace than

2017 Bangchak Corporation Plc. Table of Contents 6 8 08 8 Refinery Business 12 Marketing Business 13 Green Power Business 15 Bio-Based Products Business 18 Exploration & Production Business 21 25 23

& Trading Business Group 12 Marketing Business Group 14 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows

and bill payment transactions made via our four mobile and internet banking channels, i.e., K PLUS, K PLUS SME, K-Cyber and K-Cyber SME; these are the most sought-after services among our retail and SME

Commonwealth of Australia. The project cost is approximately AUD 359 million. It started the construction in 2019 and is anticipated to commence operations in 2021. 1.3 The Progress of Riau Combined-Cycle Power

construction revenue which is recognized based on the percentage of completion of our hydro power projects in Lao PDR, namely Nam Che. ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL

combined cycle cogeneration power that commenced COD on June 1, 2018. It has an installed capacity of 133 MW and sells electricity to EGAT 90 MW under a 25-year PPA. The project was able to achieve COD as

Acquisition or Disposal of Assets”). The highest transaction value equals 0.37 percent based on the value of consideration basis. The highest transaction value is derived from this method of calculation

(FVPL)  Impairment of financial assets based on an expected credit loss (ECL) framework with financial assets classification into 3 stages. Stage 1: financial assets where the credit risk has not

mainly from the increase in interest income on loans and hire purchase and financial lease income from loan expansions and partly from the change due to TFRS 9 interest income calculation based on