clearing house or a central securities depository, as the case may be; 4 “controlling power” means the power to control a business, as described in Section 89/1; “beneficial owner of shares” means any person

operations of projects in 2019 which are Rayong Central Utility Plant 4 (CUP-4), Namlik 1 Power Company Limited (NL1PC) and Xayaburi Power Company Limited (XPCL), notwithstanding the recognition of expenses

the same period of 2016 ( while utility service income increases) , is attributable to the decrease in central infrastructure maintenance expenditures during this period. ▪ An increasing participating

, increased by Baht 130 million or 14% from Q1/18. The increase is mainly due to the rise in Availability Payment (AP) of Sriracha Power Plant and the increase in electricity sales of Rayong Central Utility

Central Utilities plant and IRPC Clean Power Phase 1 even though the revenue from Sriracha plant (IPP) declined due to the decrease in the submitted electricity volume to Electricity Generating Authority of

200%. This is because of the expirations of additional 3 BOI certificates of Rayong Central Utility Plants and Sriracha Power Plant has fully utilized BOI benefits for tax exemption in 2017, causing the

for the Rayong Central Utility Plants is starting to be fully utilized which allowed 50% exemption of tax income instead, together with the expected decrease in dividend received from Ratchaburi Power

– 2022, in order to better reflect the investment costs of the three central power authorities in Thailand according to the revision of the Power Development Plan 2015 (PDP 2015) which will increase the

profit decreased by Baht 128 million mainly due to the decrease in steam sales volume of Rayong Central Utility Plants (CUP) and IRPC Clean Power (IRPC-CP) decreased, even though the electricity sales

12.3% Revenue from finance lease under power purchase agreement 103.2 101.6 104.9 3.2% 1.6% 306.9 305.7 (0.4%) Revenue from construction under a concession arrangement 215.0 - - - N.A.(