sales to EGAT increased 3.4% y-on-y and 3.0% q-on-q (3.00 Baht/KWh in 9M’2018 / 3.10 Baht/KWh in Q3’2018) because the energy payment is generally adjusted to reflect changes in natural gas price
(or intra business segment) transactions (2) Core EBITDA is Consolidated EBITDA less In- ventory gain/(loss) whereas Core EPS is Reported EPS less Inventory gain/(loss) and onetime extraordinary items
(or intra business segment) transactions (2) Core EBITDA is Consolidated EBITDA less In- ventory gain/(loss) whereas Core EPS is Reported EPS less Inventory gain/(loss) and onetime extraordinary items
oil price throughout the quarter, leading to an inventory loss. However, despite the refinery Hydrogen Production Unit and Hydrocracking Unit temporary shut down, refinery’s average crude run remained
remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing
project e.g. lower cullet costs, new formulation, lower sugar costs, however, somewhat offset by cost increase from natural gas. *Net Profit = Net Profit attributable to owners of the parent Financial
20 - Natural Resources Financial Position Statement of Cash Flows Statement Financial Ratios Environment Management Accounting Management Discussion and Analysis of Business Operation for Q2/2019
Refinery & Trading Business Group 15 Marketing Business Group 17 Power Plant Business Group 19 Bio-Based Products Business Group 21 Natural Resources Business Group 23 Statement of Financial Position 26 Cash
Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Management Accounting Statement of income 11 Financial Position 32 Management’s Perspective towards 2020
’2017 because the energy payment – a component of the EGAT electricity tariff - is indexed to the price of natural gas for which there was a 3.8% decrease in average effective price from Baht 245.98/mmBtu