trade of natural gas. In accepting the said right, the Company or its subsidiary shall purchase the entire shares of Hemaraj in Gulf WHA MT Natural Gas Distribution Co., Ltd. (“Gulf WHA MT”), a joint
Natural gas (IPP) Natural gas (SPP+VSPP) Maintenance costs Others 59% 60% 63% 10% 9% 4% 18% 18% 18% 4% 4% 4% 9% 10% 10% 14,062 12,943 12,488 Q2/19 Q1/20 Q2/20 Coal GPSC - Q2/2020 Management Discussion and
be complet ed based on the remaining period of the contract that appeared in intangible assets by using straight-line method with estimated useful life of 5 to 31 years. Meanwhile, goodwill will not be
plants of Baht 2,340 million. As for GPSC’s SPP plants, gross profit decreased by Baht 38 million due to the growth of cost of natural gas following the rise in both quantity required and average price. In
of natural gas corresponding to the crude oil price in the world market, the new accounting standard (Thai Financial Reporting Standard) regarding the financial instruments (TFRS 9) and the lease
plants, gross profit increased by Baht 103 million due to the increase in electricity sales volume resulting in the increase in revenue from selling electricity while the average natural gas price per unit
operations include (i) natural gas price and coal price that continued to drop further from previous quarter resulting in lower costs of sales and increasing industrial customers sales margin in spite of the
equivalent to 13.54% as per the method of total value of consideration; which is calculated based on the information from the reviewed 9-month period financial statements of the Company ended September 30
Water Institute (SIWI) for their support; and thanks to the US Department of Agriculture’s Natural Resources Conservation Service, the KR Foundation and the Rockefeller Foundation for their funding
power production such as natural gas, as well as the depreciation of Thai Baht against US dollars. These are measures to support the electricity consumers; however, there is still no measures to support