() () PTG Energy Public Company Limited

()

420,000,000 1.00 3.90 1) 33,400,000

2) 386,600,000 ( )

17 20 22 2556 09.00 . 16.00 .

() ()

() ()

28 2555 16 2556

82 .. 2535

15 93/1 9.00 . 12.00 . 13.00 . 16.00 . http://www.sec.or.th

:

1 (Executive Summary). 1 1

2 .. 2 1

1. ................................................................................... 2 - 3 2. ..................................................................... 2 - 21 3. ... 2 - 29 4. ............................................................................... 2 - 76 5. . 2 - 77 6. .. 2 - 102 7. 2 - 106 8. . 2 - 107 9. ... 2 - 111 10. .. 2 - 142 11. ................................................................................ 2 - 161 12. . 2 - 207 13. . 2 - 256

3 .. 3 - 1 1. ... 3 - 1 2. .. 3 - 4 3. 3 - 4 4. 3 - 6 5. 3 - 6

4 ... 4 - 1

1 2 3 4 3 31 2556

31 2555 2554 31 2554 2553 31 2553 2552

5 31 2556

()

1 - 1

1 (Executive Summary)

www.sec.or.th

(IPO) ()

: 17 20 22 2556

: () (PTG) : : 420,000,000 25.15

1. 386,600,000

23.15

2. 33,400,000 2.00

: 3.90 3.90

: 1,638,000,000 90

:

(par) : 1.00 (book value) : 0.89 31

2556 1,495.54 1,670.00

()

1 - 2

(Fully Diluted) (P/E ratio)

: 19.12 (Earning per Share) 4 ( 1 2555 31 2556) 340.71 1,670.00 (Fully Diluted) 0.20

P/E ratio

: P/E ()

()

() 11.19 1.00 () () N/A 1/ 4.9338 () 12.38 1.00 . () 9.33 10.00

1/ 4 (P/E Ratio)

: (SET) : (Profit Test)

1/

1.

PT

1,190 2556 2558

160 2556 2557

PT 40 2556

PT

60 2556

2. PT 60 2556 3.

60 2556 2557

4. 35.43 2556 1,605.43

()

1 - 3

PTC

30 () 10 90 ()

/

() ( PTG) 21 2531

PT 8 PT 574 2555

5

1. PT PT 2

()

1 - 4

1.1

PTC

(Company Owned Company Operated) ( COCO) COCO

COCO 31

2555 COCO 397

1.2 COCO

(Dealer Owned Dealer Operated) ( DODO) PT COCO 31 2555 DODO 177

2.

3.

31 2555 236 7.77

()

1 - 5

4. PT

PTC PT Mart Max Mart

PT COCO PT PT 31 2555 PT Mart Max Mart 56

5.

Castrol COCO COCO (Oil Tank) 31 2555 7 185.84

31 2555 4/

() ()

()

()

1. 1/ 547,896,660 43.83 548,535,634 32.85

2. 335,040,000 26.80 335,140,000 20.07

3. 2/ 155,960,000 12.48 156,060,000 9.35

4. 75,469,340 6.04 75,569,340 4.53

5. 3/ 36,385,000 2.91 36,790,274 2.20

6. 29,120,000 2.33 29,120,000 1.74

7. 29,120,000 2.33 29,120,000 1.74

8. 19,400,000 1.55 19,400,000 1.16

9. 15,200,000 1.22 15,200,000 0.91

10. 5/ - - 32,055,752 1.92

11. - - 386,600,000 23.15

12. 6,409,000 0.51 6,409,000 0.38 1,250,000,000 100.00 1,670,000,000 100.00

()

1 - 6

: 1/ 1) 2) 3) 4) 5) 6)

2/ 1) 2)

3/ 1) 2)

4/

5/ 33.40 31.96

31 2555

1.

2. 3. 4. 5. 6. 7. 8. 9.

1.

1.1. 1.2. 1.3. 1.4.

()

1 - 7

2. 2.1. (Supplier) 2.2.

10 10

2.3. 2.4. COCO

2.5. 2.6. 2.7. 2.8.

2.9. 2.10.

2.11. 2.12.

3. 3.1.

4. 4.1.

31

2552 2555

2552 2553 2554 2555 () 9,676.83 15,681.14 27,816.71 41,723.68 9,199.69 14,970.51 26,742.18 39,991.38 477.14 710.63 1,074.53 1,732.30 90.45 89.15 226.42 359.99

()

1 - 8

2552 2553 2554 2555

() 1,796.92 2,126.77 2,874.64 3,890.05 1,064.19 1,304.91 1,847.74 2,505.18 732.74 821.87 1,026.89 1,384.87

1/ 0.07 0.07 0.18 0.22

1.45 1.59 1.80 1.81 5.36 4.54 9.05 10.64 13.51 11.47 24.49 29.85

: 1/ 2552 2555 1,250 10.00 1.00 2552

99.0 99.3 2554 2555 9,676.83 2552 15,681.14 2553 27,816.71 2554 41,723.68 2555 PT COCO ( PT DODO) 477.14 2552 710.63 2553 1,074.53 2554 1,732.30 2555 COCO PT PT () 73.77 2552 99.45 2553 241.75 2554 406.51 2555 90.45 2552 89.15 2553 226.42 2554 359.99 2555 2553 () 2552 2552 32.69 2552 (Tax

()

1 - 9

Loss Carried Forward) 2552 2552

2552 2555 1,796.92 2,126.77

2,874.64 3,890.05 1,064.19 1,304.91 1,847.74 2,505.18 2552 2555

( ) 2552 732.74

821.82 2553 1,024.84 2554 1,384.79 2555 2552 ( ) ( ) 578.27 2552 286.17 2554 2555 59.50 1.51 225.16 2555 359.95 2555 134.79 ( ) 1,384.79

12 2556 (Deferred Tax) (Accounting Book Value) (Tax Book Value) (Deferred Tax Liability) / (Deferred Tax Asset)

()

1 - 10

2555 (Deferred Tax Asset) 25.48 2555 3,890.05 3,915.53 0.66 (Deferred Tax Liability) 39.53 2,505.18 2,544.71 1.58 (Deferred Tax) 2555 14.05 10.42 ( ) 2555 1,384.79 1,370.74 1.01 31 2556

3 2556 11,877.79 23.40 3 2555 COCO PT COCO PT ( ) 3 2556 3 2555 COCO

3 2556 568.06

3 2555 406.46 3 2556 4.78 2555 4.15 3 2556 56.6 3 2556 124.81 3 2555 140.39 PT

()

1 - 11

31 2556

2556 3,954.68 2555 3,915.53 COCO 2556 2555 2,459.06 2555 85.65 12 2555 2555 14.04 ( ) 1,370.74 2556 124.79 3 2556 ( ) 1,495.54

: : 90 33

10310 : 0-2168-3377, 0-2168-3388 E-mail Address : ir@pt.co.th

( 2 3 )

()

2 - 1

2

: () : (

COCO) 1) ( DODO) 2) 3)

: 90 33 10310

: 0107538000703 ( .593) : 0-2168-3377, 0-2168-3388 0-2168-3379, 0-2168-3389 Homepage : www.ptgenergy.co.th

( : )

1/

1.

PT

1,190 2556 2558

160 2556 2557

PT 40 2556

PT

60 2556

2. PT 60 2556 3.

60 2556 2557

()

2 - 2

1/

4. 35.43 2556 1,605.43

: 1/ 2 6.

()

2 - 3

1.

/

(Forward-Looking Statements)

/

1.1

1.1.1

( COCO) 1) ( DODO) 2) 3) / 1) 2) 3)

()

2 - 4

2554 2555 44.05 52.39 8.17 6.80

()

1.1.2

()

2 - 5

( COCO) COCO COCO

1.1.3

COCO / 31 2555 408.84 333.75

1.1.4

()

2 - 6

30 30

1.2

1.2.1 (Supplier)

() (

) (Complex Refinery) (Single-site) 275,000 ( 2554 ( 56-1) ) 235.26 2552 443.31 2553 926.20 2554 1,350.28 2555 66.0 78.7 97.0 98.0 2552 2555 (Supplier)

15 5 ( () 2 5. 5.2.1 )

()

2 - 7

2554 2555 438.01 753.42 135.08 132.38 2554 2553 297.78 92.53 2555 2554 327.74 96.75 2554 2555 4,705.46 5,371.34 968.71 1,569.27

Jobber (Supplier)

1.2.2

10 10 ( PTG)

7 .. 2543 7 5 (PTC) 11 .. 2543 PTC 8 ( 10) 1. (PMO) 2. (APO) 3. (EPO) 4. (EVO) 5. (ALO) 6. (ADO) 7. (PRN) 8. (OLP) 10 .. 2543 PTC 10

()

2 - 8

PTC 10

7 PTC 10 PTC 10 7

10 2555 10 29.30 ( 10 2555 586.00 5) 839.73 ( 2555 28.66 ) 59.41 ( MLR 5 2555 7.075) 586.00 10 0.10

10

10 10 7 10 10 7 10

1.2.3

75.0 PT COCO

()

2 - 9

1.1.4

300 2556

2555 2556 23 2.95 2555 2555 2555 10.87

1.2.4 COCO

PT

PT ( COCO) PT ( DODO) PT 248 2552 338 2553 437 2554 574 2555 COCO COCO 101 2552 184 2553 272 2554 397 2555 COCO 100 5 COCO

COCO

()

2 - 10

1 3

(Sale) COCO 3 COCO COCO COCO

1.2.5

( 3 ) PT

()

2 - 11

( 3 ) 31 2555 COCO 397 PTC 21 PTC 376 3 53.7 3 10 41.0 10 5.3

1 2553 5 2555

0.5 1.3 COCO 2553 2555

()

2 - 12

1.2.6

PT ( DODO) ( ) 5

( )

1.2.7

( )

PT

( COCO) ( DODO) PT

()

2 - 13

2552 2555 DODO 59.3 45.6 37.8 30.8 PT DODO 20 PT

1.2.8

31.3 32.9 2554 2555 Jobber ( Jobber) Jobber 10 75.4 75.7 2554 2555 Jobber 29.8 19.3 2554 2555 Jobber 10 Jobber Jobber Jobber

Jobber

Jobber

()

2 - 14

Jobber 2553 2555 124.9 182.7 58.3

1.2.9

1.2.10

7

()

2 - 15

(Oil Industry

Environmental Safety Group Association: IESG) IESG IESG

7

1.2.11

()

2 - 16

COCO COCO 2 1

( GPS)

33 35,794 2554 59 51,936 2555 0.1 ()

()

2 - 17

1.2.12

PT ( GPS)

()

2 - 18

PT PTC ( COCO) (Mobile Lab)

2554 2555 4.58 5.97 0.02 0.01 2554 2555

1.2.13

2554 PT ( COCO) 15 ( ) 16.51 1.5 2554

2555

()

2 - 19

(All Risk)

1.3

1.3.1

10 3

( ) 31 2555 83.1 ( 43.8 26.8 12.5 ) 62.3 ( 2 8. 8.2 )

10 3

3 3 9

()

2 - 20

1.4

1.4.1

()

28 2555 .. 2544 ( 1 2554) (Profit Test) 2 3 50 30 1,000 25

()

2 - 21

2.

2.1 () ( PTG) 21 2531

2

PT ( PT)

PT

PT PT 31 2555 PT 574

2531 : o 21 2531 1.00 0.01 100.00

2535 : o 264.00 2.63 100.00

o (PTC) 7 2535 100.00 1.00 100.00

2536 : o 400.00 1.36 100.00

2537 : o 500.00 1.00 100.00

o PTC PTC 99.99

()

2 - 22

2538 : o o 100.00 10.00

5.00 50.00 o 1,000.00

50.00 10.00 5.00 7 20.00 25.00

2544 : o 750.00 250.00 25.00

o 1,250.00 50.00 10.00 12.45 37.55 ( )

2547 : o () ()

2548 : o PTC 600.00 5.00 100.00

2549 : o () ( ) ()

2552 : o (PMO) 1.00 10,000 100.00 9,997 PMO 100.00 1 100.00

()

2 - 23

o

(APO) 1.00 10,000 100.00 9,997 APO 100.00

2554 o (EPO) 1.00 10,000 100.00 9,997 EPO 100.00 1 100.00

o (EVO) 1.00 10,000 100.00 9,997 EVO 100.00 1 100.00

o (ALO) 1.00 10,000 100.00 9,997 ALO 100.00

o (ADO) 1.00 10,000 100.00 9,997 ADO 100.00

o () 2555 o ISO 9001

( ) o PTC 439.98

100.00 73.33 PTC

()

2 - 24

o (PRN) 1.00 10,000 100.00

o (OLP) 1.00 10,000 100.00

o () 5.00 50,000 100 49,997 100.00

o 10.00 1.00 125.00 1,250 420.00 386.60 33.40

2.2

() ( TOP) ( ) PT PT 2

1) (Company Owned Outlet)

PT (Company Owned Company Operated) ( COCO) PTC COCO

2) (Franchise)

PT PT (Dealer Owned Dealer Operated) ( DODO) DODO ( )

()

2 - 25

DODO 10 , PT DODO COCO

10

( Jobber) Jobber 10

- ()

7 ..

2543 1) 2) 3) 12 .. 2543

-

(PTC) 90

33 10310 99.99 PTC 11 .. 2543 PT COCO PTC PT PT Mart ( PT Mart) PTC PT Mart Max Mart PTC

()

2 - 26

Castrol COCO COCO

- 10

31 2555 10

.. 2543 8 ( 10)

o (PMO) 99.98 o (APO) 99.97 o (EPO) 99.98 o (EVO) 99.98 o (ALO) 99.97 o (ADO) 99.97 o (PRN) 99.97 o (OLP) 99.97 10 90

33 10310 10 1) 2) 3) 10 10 1 2 10 (100,000 ) 10

-

() 90 33 10310 99.99 PT ()

()

2 - 27

2.3

2.4

2552 2553 2554 2555

1.

PT PTG

1.1) ( COCO)

PTC 4,039.85 41.3 7,432.19 47.1 11,905.46 42.6 19,728.41 47.2

1.2) ( DODO)

PTG ( PTC)

4,058.82 41.5 5,518.34 35.0 7,029.76 25.1 8,064.67 19.3

2.

PTG ( PTC)

1,179.92 12.1 2,455.35 15.6 8,610.33 30.8 13,629.46 32.6

3. PTG 39.35 0.4 29.57 0.2 18.09 0.1 13.27 0.0 4.

PT PTC

165.64 1.7 204.51 1.3 228.78 0.8 230.76 0.6

5. 1/ PTG 290.18 3.0 127.77 0.8 158.95 0.6 152.75 0.4

: 1/ 1) 2)

()

99.98 99.97

99.98 99.98

99.97 99.97

99.97 99.97

99.99

99.99

()

2 - 28

2.5

PT 5 PT COCO DODO COCO COCO 100 DODO 25 5

()

2 - 29

3.

3.1

3.1.1

2554 2555 27,545.54 41,422.53 948.05 2554 1,372.53 2555 2554 2555 98.5 99.1 2

1) (Fuel Product)

2 - ( ) - 95 95 (E10)

91 (E10) ( ) 2554

2555 75.0 75.7

()

2 - 30

2552 2555

2) (Non-fuel Product)

PT PT

3.1.2

3.2

5

1) PT

1.1) 1.2)

2) 3) 4) PT 5)

26.7% 25.9% 25.0% 24.3%

73.3% 74.1% 75.0% 75.7%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

2552 2553 2554 2555

()

2 - 31

3.2.1 PT PT 2554 2555

18,935.22 27,793.08 638.54 2554 899.51 2555 PT 68.7 67.1 PT 2

1) COCO

2) DODO

3.2.1.1

2554 2555

11,905.46 19,728.41 397.63 2554 633.82 2555 43.2 47.6 COCO (PTC)

COCO

COCO COCO COCO

()

2 - 32

COCO

1)

2)

3) (Cashier)

4)

()

2 - 33

COCO PT

COCO

( ) 9 1 5.00 . 14.00 . 2 13.00 . 22.00 . 3 21.00 . 6.00 . 1 COCO 22.00 . 5.00 . 2 5.00 . 22.00 . 3 24

()

2 - 34

COCO ( 2 3. 3.3 )

COCO 1)

COCO COCO

2) COCO

3) COCO

COCO

COCO

COCO

()

2 - 35

COCO 2552 2555

COCO 2552 2555

COCO

2555

COCO

1. 42 10.6 2. 83 20.9 3. 37 9.3 4. 149 37.5 5. 37 9.3 6. 34 8.6 7. 15 3.8

397 100.0 COCO

COCO PT ( PT COCO 2 5. 5.1.2 COCO)

101 184

272

397

0

100

200

300

400

500

2552 2553 2554 2555

()

2 - 36

COCO

1) (Sale)

2) ( ) ( (IRR) (Payback Period) )

3)

4) PTC COCO PT ()

5)

6)

()

2 - 37

7)

COCO

1 3

PT PT 90 COCO COCO (Mobile Lab) PT COCO DODO PT ( 2 3. 3.6 )

PT

()

2 - 38

PT (www.ptgenergy.co.th) Facebook (www.facebook.com/ptstation)

PT

PT

( )

()

() ()

: (1) (2)

(1)

(2)

()

2 - 39

3.2.1.2 10

DODO PT ( ) 2554 2555 7,029.76 8,064.67 240.91 2554 265.69 2555 25.5 19.5

( ) ( 2 5. 5.2.4 )

DODO

COCO DODO

1) (Sale)

2)

()

2 - 40

( )

3) -

- ( 2 3. 3.3 )

4) (P/O)

5) -

-

6) ( 2 3. 3.2.3 ) PT

1) 2) 3)

()

2 - 41

DODO ( ) 2552 2555

DODO 2552 2555

DODO

2555

DODO

1. 13 7.3 2. 26 14.7 3. 22 12.4 4. 70 39.6 5. 10 5.7 6. 14 7.9 7. 22 12.4

177 100.0 (Sale)

COCO

147 154 165 177

0

50

100

150

200

2552 2553 2554 2555

()

2 - 42

1)

2)

3)

4) ( DODO) (Credit Control)

5) (L/G)

PT

()

2 - 43

COCO

DODO COCO

( (3) ) ( (2) )

(2)

les

(3)

(1)

()

2 - 44

( )

3.2.2

DODO

10 2554 2555 8,610.33 13,629.46 309.51 2554 473.03 2555 31.3 32.9

1) (Sale)

2)

( )

3) -

-

(

()

2 - 45

2 3. 3.3 )

4) (P/O) (P/O)

5) -

-

6) ( 2 3. 3.2.3 )

1)

Jobber ( Jobber)

2)

3)

()

2 - 46

(Sale)

1)

2)

3) (Credit Control)

()

2 - 47

3.2.3

12 .. 2543 2555 236 7.77 2552 PT

2552 2555

109 127 154

236 2.89 3.53

4.61

7.77

0.01.02.03.04.05.06.07.08.0

050

100150200250

2552 2553 2554 2555

()

2 - 48

( ) /

COCO (Purchase Order) PT COCO

()

2 - 49

COCO

COCO

1)

2)

3)

( GPS) GPS

()

2 - 50

1 2

2 1) 20,000

( ) 2) 20,000 ( ) 2 () COCO ()

COCO () COCO 2 2555 236

() ()

74 1.30 162 6.47

() 3 COCO

()

2 - 51

2 1) PTC

10 2) Jobber PT PTC 10 2554 2555 PTC 10 94.4 97.5

1)

2)

3)

PTC 10

COCO

()

2 - 52

COCO

/ GPS

COCO

3.2.4 PT

PT

PT PTC PT Mart ( PT Mart) Max Mart ( Max Mart) Max Mart

()

2 - 53

PT PTC ( COCO) PT Mart PT 2554 2555 0.8 0.6

PT Mart Max Mart

(Cashier) ( ) PT PT 5.00 22.00 . 5.00 22.00 . ()

( )

PT 1)

PT 2) PT

()

2 - 54

2554 2555 PT Mart

Max Mart 35 56 2555 Max Mart ( Max Mart 2 6. 6.1.4 PT) PT COCO PT 1) 2) 3) PT

PT Mart Max Mart Max Mart PT Mart Max Mart

()

2 - 55

3.2.5

0.6 0.4 2554 2555 (Oil Tank) (Oil Tank) (Oil Tank) ( 2 3. 3.5 )

Castrol

COCO DODO COCO

3.3

PT

()

2 - 56

2555

94.06 5.94 30

86.25 2555 84.99 2555 3 2555

3 91.88% 98.75% 3 7 4.58% 0.53% 7 15 0.00% 0.52% 15 30 3.53% 0.12% 30 35 0.00% 0.08%

(L/G)

()

2 - 57

1)

2)

(Sale)

(Credit Control)

(Sale) 60

()

2 - 58

(L/G) 90

2554 2555 2.08 1.20

3.4

3.4.1 2555 7

() ) () () () () () () () () () () () 7 1.09 89.4 2555 2555

()

()

()

1. 275.00 271.24 98.6 2. 215.00 174.92 81.4 3. 150.00 163.01 108.7 4. 145.00 147.44 101.7 5. 170.00 142.25 83.7 6. 120.00 76.73 63.9 7. 1/ 17.00 1.16 6.8 1,092.00 973.83 89.4

: : 1/ 7 2555

()

2 - 59

0.17 2529 0.98 2555 (CAGR) 6.6 2534 112.4 0.22 2534 0.82 2539 0.25 2534 0.66 2539 2554 0.94 0.96 2553 4 1 2555 2555 0.98

: : 1/ 100.0

5 1)

0

200

400

600

800

1,000

1,200

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

120.00%

2529 2531 2533 2535 2537 2539 2541 2543 2545 2547 2549 2551 2553 2555

2529 2555

()

2 - 60

2) 95 91 95 (E10) 91 (E10) 95 (E20) 95 (E85)

3) 1 8 4) 5)

54 20 2552 2555 79 83 84 88 2552 2555

2552 2553 2554 2555

() 22,488.98 23,304.83 23,098.60 25,124.62 () 18,465.31 18,479.67 19,192.15 20,564.63 () 82.1 79.3 83.1 81.9

() 8,852.07 8,741.82 8,325.89 9,150.10

() 7,524.38 7,416.76 7,331.14 7,704.96 () 85.0 84.8 88.1 84.2

() 6,884.19 5,999.80 5,815.80 6,138.11 () 2,730.91 2,615.22 2,455.93 2,363.34 () 39.7 43.6 42.2 38.5

() 5,975.04 6,196.06 6,292.73 5,857.77 () 4,431.59 4,711.69 5,076.52 5,091.40

() 74.2 76.0 80.7 86.9

() 92.88 466.71 151.80 75.86 () 17.64 15.25 12.97 13.44 () 19.0 3.3 8.5 17.7

() 44,293.15 44,709.22 43,684.82 46,346.45 () 33,169.83 33,238.98 34,068.70 35,737.76 () 74.9 74.3 78.0 77.1

:

()

2 - 61

2552 2555 58 60 79 81 10 2552 2555

2552 2553 2554 2555

()

()

()

()

()

()

()

()

10,746.37 58.2 10,614.89 57.4 11,448.10 59.6 11,992.83 58.3 817.92 4.4 750.98 4.1 663.11 3.5 750.76 3.7 804.46 4.4 825.58 4.5 921.41 4.8 1,083.18 5.3 28.87 0.2 48.61 0.3 32.15 0.2 50.33 0.2 549.45 3.0 547.72 3.0 521.58 2.7 577.14 2.8 2,576.97 14.0 2,317.85 12.5 2,136.90 11.1 2,319.11 11.3 10 2,941.27 15.9 3,374.05 18.3 3,468.90 18.1 3,791.28 18.4

18,465.31 100.0 18,479.67 100.0 19,192.15 100.0 20,564.63 100.0 5,938.97 78.9 5,880.51 79.3 5,897.01 80.4 6,273.10 81.4 0.02 0.0 - - - - - - 26.27 0.3 36.32 0.5 30.97 0.4 33.47 0.4 17.74 0.2 20.07 0.3 25.07 0.3 56.95 0.7 46.21 0.6 48.09 0.6 44.86 0.6 44.78 0.6 720.21 9.6 600.62 8.1 470.12 6.4 437.86 5.7 10 774.96 10.3 831.16 11.2 863.12 11.8 6,846.15 11.1

7,524.37 100.0 7,416.76 100.0 7,331.14 100.0 7,704.96 100.0 :

2552 2555 27.18 2552

()

2 - 62

32.48 2555 (CAGR) 6.1 72 84 25

:

18,935 2552 19,443 2553 20,252 2554 21,406 2555 2

2552 2553 2554 2555

17,822 18,139 18,884 19,769 1,113 1,304 1,368 1,637

:

27.18 28.48 30.19

32.48

6.60 6.97 7.38 8.00

19.69 20.47 21.51 22.91

0.00

5.00

10.00

15.00

20.00

25.00

30.00

35.00

2552 2553 2554 2555

2552 2555

()

2 - 63

1.

2.

3.

3.4.2

1) . () (.) 2) () () 3) () () () 4) () 5) () () 6) () () 7) () () 8) () ()

()

2 - 64

9) () ()

2552 2555

2552 2553 2554 2555

() ()

()

()

()

()

()

()

1) . 8,874.53 34.1 9,130.55 35.3 9,686.19 36.5 10,072.54 35.6 2) 4,004.98 15.4 4,166.44 16.1 3,801.58 14.3 4,373.59 15.5 3) 2,642.12 10.2 2,812.79 10.9 3,032.05 11.4 3,481.56 12.3 4) 3,517.19 13.5 3,039.21 11.7 3,114.09 11.7 3,246.54 11.5 5) 3,270.71 12.6 2,659.22 10.3 2,366.86 8.9 2,511.58 8.9 6) 2,047.10 7.9 2,321.28 9.0 2,004.93 7.6 2,032.27 7.2 7) 3/ 175.58 0.7 413.52 1.6 996.05 0.5 1,396.17 4.9 8) 2/ 257.01 1.0 230.63 0.9 244.25 0.9 522.82 1.8 9) 2/ 333.80 1.3 316.81 1.2 355.23 1.3 - - 10) 1/ 180.06 0.7 122.84 0.5 129.23 0.5 177.51 0.6 11) 686.61 2.6 683.14 2.6 792.83 3.0 455.02 1.6 : : 1/ 7 (

10 11 7) 7 10 11 7 7 7 391.78 2552 558.23 2553 948.45 2554 1,372.89 2555

2/ () () 9 2555 3/ 7

7 7

(Franchise)

()

2 - 65

2552 18,935 19,443 2553 20,252 2554 21,406 2555 2552 2555

2552 2553 2554 2555

()

()

()

()

()

()

()

()

1) . 1/ 1,295 6.8 1,321 6.8 1,472 7.3 1,404 6.6 2) 1,053 5.6 1.065 5.5 1,068 5.3 1,067 5.0 3) 2/ 242 1.3 315 1.6 438 2.1 577 2.7 4) 562 3.0 548 2.8 547 2.7 533 2.5 5) 540 2.8 529 2.7 523 2.6 512 2.4 6) 430 2.3 438 2.3 390 1.9 371 1.7 7) 152 0.8 147 0.8 145 0.7 138 0.6 8) 110 0.6 103 0.5 100 0.5 95 0.4 9) 74 0.4 78 0.4 76 0.4 67 0.3 10) 14,477 76.4 14,899 76.6 15,493 76.5 16,642 77.7

3/ 18,935 100.0 19,443 100.0 20,252 100.0 21,406 100.0 : : 1/ . . 2/

248 2552 338 2553 437 2554 574 2555

3/

3.5

3.5.1

2554 2555

97.0 98.0 Jobber Jobber

()

2 - 66

1) ()

2) Jobber Jobber

1) Jobber

2) 1) 2) 3)

3) Jobber Jobber

4) Jobber

COCO COCO

()

2 - 67

COCO

3.5.2

( COCO) 7

()

1. 4.46 2. 3.87 3. 5.30 4. 113.69 5. 12.51 6. 26.20 7. 1/ 19.81

185.84 : 1/

()

1)

COCO

COCO

()

2 - 68

2)

COCO

3)

3.5.3

PT Mart Max Mart (Distribution Center: DC)

PT Mart Max Mart (Hub) PT Mart Max Mart PT Mart Max Mart () ()

()

2 - 69

(DC) PT Mart Max Mart

1) (DC) ()

2)

3)

(DC) PT Mart Max Mart

()

2 - 70

(DC) (Hub)

PT Mart Max Mart (DC) (Hub) (DC) (Hub)

PT PT

() Castrol COCO ( DODO) COCO

3.6

1) 2) 3) (Oil Tank) 4) 5)

3.6.1

1) ( API)

()

2 - 71

API API 2) 3) (Oil Tank)

3.6.2

API (Oil Tank)

(Oil Tank)

(Oil Tank) (Oil Tank)

3.6.3 (Oil Tank) (Additive)

(Oil Tank)

(Oil Tank)

()

2 - 72

(Additive)

3.6.4

(Base Oil)

(Additive) B100 API

3.6.5 PT

COCO

API DODO

3.6.6 PT

PT (Mobile Lab) PT

()

2 - 73

PT

3.7

(Oil

Industry Environmental Safety Group Association: IESG) IESG IESG

3.8

3.8.1 .. 2543

3 1) 7

100,000 50,000

2) 10 7

()

2 - 74

3) 11

12

7

30

7 7 12 ( PTC) 10 10 PTC 11

3.8.2 .. 2542

3

1) 1

2) 2

()

2 - 75

3) 3

1)

2)

3) 4) 5)

1) 4) 6)

7)

3

()

2 - 76

4. (Research and Development: R&D)

( Suggestion)

375 2554 0.08 506 2555 0.08

()

2 - 77

5.

5.1 31 2555

2,212.91

/

() 1. PTC 391.63 2. PTC 424.93 3. PTC 504.27 4. PTC 27.89 5. PTC 727.26 6. PTC 13.40 7. PTC 111.40 8. PTC 12.13 2,212.91

5.1.1 31 2555 7

3

1. 29-2-9

3.87

()

2 - 78

-

-

- -

1/

2. 33-0-52.1 -

-

- -

1/

4.46

3. 24-0-1 -

-

- -

-

1/

5.30

()

2 - 79

4. 12-3-45 -

-

-

12.51

10

5. 22-0-48 -

-

-

- -

113.69

6. 18-3-63.8 -

-

-

26.20

7. 8-0-34.5 -

-

2/ 19.81

()

2 - 80

- -

8. -

(

)

9. -

(

3/)

10. -

(

3/)

: 1/ PTC PT

2/ ()

3/ () (Mainline)

5.1.2 COCO

: 31 2555 COCO 397

: COCO PTC

PTC

()

2 - 81

COCO - PTC 16 - 5 - PTC o 3 202 o 3 10 154 o 10 1/ 20

: PTC

: 1/ 31 2555 COCO 28 30

5.1.3

: 31 2555 236

74 162 : :

5.2

5.2.1

() () (

) 6 6 ()

()

2 - 82

: () () () ()

1/

: o 1 2549 6 1 6

1/ : o (Bank Guarantee) (Oil Pledge)

1/

: o 6 10

o 10

: o 86 30

o 86 (Invoice) (Bill of Lading)

: o 86 (FOB)

o 1) 2) 3) 4) 5) (Premium)

o (Terminal Charge)

o (Additive)

()

2 - 83

: o (Bill of Lading)

: o

o

: o

o

: 1/ 10 (PMO) (APO) (EPO) (EVO) 1) 6 1

2 2) (Bank Guarantee)

(Oil Pledge) 3) 6

PTC () 10

() () PTC 3 PTC PT PTC ( COCO) 3 PTC ()

: (PTC)

() ()

: o PTC 1 2552 1 2555

()

2 - 84

o

- PTC -

- 30 60 30

- -

o 12 12

: o PTC 3

o PTC 10 PTC PTC

: o 86 30

o 86 (Invoice) (Bill of Lading)

: o 86 (FOB)

o 1) 2) 3) 4) 95 95 (Premium) PTC

o

()

2 - 85

(Terminal Charge) o PTC (Additive)

: o PTC (Bill of Lading)

: o

o

: o PTC

o

(P&C) Jobber

() Jobber P&C

: () ()

(P&C) 1/

: P&C 1 2556 1

: o P&C ()

o P&C P&C P&C

()

2 - 86

: o P&C P&C

: 1/ P&C ( P&C 2 11 )

5.2.2

2555 6 7 ( 6 )

: () ()

( ) 1/

: o 10 2555 10 2 - 1 ( 1 5)

1

- 2 ( 6 10) 2

o 5 45

()

2 - 87

10

o 30

: o 0.20

o 30

: o

: 1/

: () ()

() 1/

: o 10 2555 10 2 - 1 ( 1 5)

1

- 2 ( 6 10)

()

2 - 88

2 o

5 45 10

o 30

: o 0.70

o 30

: o

o

o

: o

o

()

2 - 89

o 60

o

o

: 1/

()

() ()

: () ()

() () 1/

: o 1 2555 3 31 2558

()

2 - 90

o 3 90 30

o 90

o - 30

( ) -

-

o 90

: o

o

o

: o

o /

o

()

2 - 91

o /

() 2549

: () ()

( ) 1/

: o 1 2556 3 29 2559

o 3

o

o 30

o

o

()

2 - 92

: o

o / 7

o 6

o

: o

o

: 1/ () ( 2 11 )

5.2.3

PTC PTC PT

PT ( COCO)

()

2 - 93

: (PTC) ()

: o

o PTC 30 PTC

o PTC PTC 30

o PTC 12

: o PTC PTC

o PTC

o PTC

o PTC / PTC

o PTC

()

2 - 94

PTC PTC

o PTC /

o PTC

o PTC 30

5.2.4

PT ( DODO) ( )

: () ()

( )

: o

o 120

()

2 - 95

o -

- -

60

-

o /

: o (L/G)

: o

o

()

2 - 96

: o ()

o

o

: o

o (L/G)

: o -

-

: o

()

2 - 97

PT

o

o

o

5.2.5

Jobber Jobber

: () ()

()

: o

o 15

()

2 - 98

: o (L/G)

/ /

: o

: o

: o ()

o

o (L/G)

: o -

-

()

2 - 99

5.2.6

: () ()

( )

: o 1 1 60 60

o ()

o -

60

-

()

2 - 100

: o

o

o B100 B100

: o 25 30

: o 30 (86 )

o

o

()

2 - 101

: o

o

5.3

50

10

99.97 99.99 2

()

2 - 102

6.

PT PT PT 5

6.1

6.1.1 PT

PT COCO DODO 5 COCO COCO PTC COCO 2556 130 100 5 80 PT DODO 25 5 20 PT PT 5 1,800.00 COCO DODO

1,190

PT 2556 2557 PT 2558

6.1.2

COCO 100 5 5

()

2 - 103

5 30 50 2,055.00 5

160 2556 2557

6.1.3 PT

19 2555

PT () PT (Supplier) 2555 PT

2556 20

PT 40

6.1.4 PT

PT PT

Mart ( PT Mart) Max Mart ( Max Mart) Max Mart PTC PT PTC ( COCO) PT Mart Max Mart PT

()

2 - 104

Max Mart Max Mart Max Mart PT PT Mart Max Mart Max Mart 2555 PT

2556 Max Mart

PT Mart Max Mart 20 60 Max Mart PT Mart Max Mart

6.2 PT

PT

PT PTC ( COCO) ( DODO) 2556 2560 COCO 100 DODO 35 60 PT 2556

6.3

(Enterprise Resource Planning: ERP) 1) 2) PT Max Mart PT Mart 3) (Distribution Channel: DC) Max Mart PT Mart (ERP)

()

2 - 105

PT PT

PT

60

2556 2557

()

2 - 106

7. 31 2555

5

()

2 - 107

8.

8.1

8.1.1 31 2555 1,670.00

1,670.00 1.00 1,250.00 1,250.00 1.00 3/2555 23 2555 420.00 386.60 / / 33.40 / / 386.60 1,670.00 1,670.00 1,670.00 1.00

8.1.2

8.1.3

8.2 10 31 2555

()

2 - 108

31 2555 4/

()

()

()

()

1. 1/ 547,896,660 43.83 548,535,634 32.85 - 128,704,660 10.30 129,243,634 7.74 - 75,323,000 6.03 75,323,000 4.51 - 70,000,000 5.60 70,000,000 4.19 - 33,869,000 2.71 33,969,000 2.03 - 60,000,000 4.80 60,000,000 3.59 - 180,000,000 14.40 180,000,000 10.78

2. 335,040,000 26.80 335,140,000 20.07 3. 2/ 155,960,000 12.48 156,060,000 9.35

- 145,960,000 11.68 145,960,000 8.74 - 10,000,000 0.80 10,100,000 0.61

4. 75,469,340 6.04 75,569,340 4.53 5. 3/ 36,385,000 2.91 36,790,274 2.20

- 36,385,000 2.91 36,385,000 2.18 - - - 405,274 0.02

6. 29,120,000 2.33 29,120,000 1.74 7. 29,120,000 2.33 29,120,000 1.74 8. 19,400,000 1.55 19,400,000 1.16 9. 15,200,000 1.22 15,200,000 0.91 10. 5/ - - 32,055,752 1.92 11. - - 386,600,000 23.15 12. 6,409,000 0.51 6,409,000 0.38

1,250,000,000 100.00 1,670,000,000 100.00 : 1/ 1)

2) 3) 4) 5) 6)

2/ 1) 2)

3/ 1) 2)

()

2 - 109

4/

5/ 33.40 32.06

8.3 30

() /

PTC

30 () /

10

90

()

2 - 110

() /

()

2 - 111

9

9.1

: 1/ PTC 99.99

( )

1/

()

2 - 112

9.1.1

9 1)

4 3 2) 5 31 2555

1.

2. 3. 4. 5. 6. 7. 8. 9. :

2555 27 2555

5/2555 25 2555

()

2 - 113

1) (Accountability to Shareholders)

2) (Monitoring and Supervision) (Maximize Economic Value and Shareholders Wealth)

3) 4)

5)

6) (Internal Control) (Internal Audit)

7)

8) / / /

9) /

10)

11)

12)

()

2 - 114

13)

14)

15) ( )

16)

9.1.2 3

... 31 2555

1) 2) 3) :

()

2 - 115

2555 27 2555

5/2555 25 2555

1) 1.1)

2) 2.1)

2.2)

3) 3.1) 3.2)

4) 4.1)

4.2) 4.3)

4.4)

4.5)

4.6) ()

()

2 - 116

5) 5.1)

5.2) ()

5.3)

5.4)

5.5)

5.6) 281/2 2 305 306 308 309 310 311 312 313 .. 2535 () ( ... ) ... 30

6) 6.1) ...

7)

7.1) 1

7.2)

7.3) 7.3.1)

()

2 - 117

7.3.2) 7.3.3) ...

7.4)

7.3.1) 7.3.2) 7.3.3) ...

8) 8.1)

8.2)

8.3) 89/14

... 7 9)

9.1)

9.2)

10) 10.1)

10.2)

10.3)

9.1.3

31 2555 6

()

2 - 118

1) 2) 3) 4) 5) 6) :

2555 27 2555 5/2555

25 2555

1)

2)

3)

4) (Charter)

5)

9.1.4

31 2555 5

()

2 - 119

31 2555

1) 2) 3) 4) 5) :

2555 27 2555 5/2555

25 2555

1) 2)

3) 4) 5)

() 6)

7)

8)

9) 10)

11) 12)

13)

()

2 - 120

/

9.1.5

31 2555

1)

2)

3) 4) 5) 6)

5/2555 25 2555

1)

2) 3) /

4) 5)

()

2 - 121

6) /

/

9.1.6 ()

1/2556 27 2556

27 2556

,

,

1. 2. 3. 4. 5. ()

- 100.00 - 50.00 100.00 - 20.00 50.00 - 1.00 20.00 - 1.00

()

2 - 122

,

,

- 100.00 - 50.00 100.00 - 10.00 50.00 - 10.00

1.

- 10.00 - 5.00 10.00 - 1.00 5.00 - 0.50 1.00 - 0.20 0.50 - 0.03 0.20 - 0.03

2. - 30,000 - 15,000 30,000 - 10,000 15,000 - 2,000 10,000 - 2,000

3. 4.

- 1,000 - 500.00 1,000

()

2 - 123

,

,

- 100.00 500.00

- 50.00 100.00 - 50.00 - 300.00 - 100.00 300.00 - 20.00 100.00

- 3.00 20.00 - 0.20 3.00 - 0.10 0.20 - 0.03 0.10 - 0.03 - 500.00 - 100.00 500.00 - 10.00 100.00

- 3.00 10.00 - 0.50 3.00 - 0.10 0.50 - 0.03 0.10 - 0.03

1. (Supplier)

- 500.00 - 300.00 500.00 - 100.00 300.00

()

2 - 124

,

,

- 30.00 100.00 - 0.50 30.00 - 0.50 3

2.

3. (Supplier)

4.

- 500.00 - 100.00 500.00 - 30.00 100.00 - 0.50 30.00 - 0.20 0.50 - 0.10 0.20 - 0.05 0.10 - 0.02 0.05 - 3,000 0.02 - 3,000 - 500.00 - 100.00 500.00 - 30.00 100.00 - 0.50 30.00 - 0.20 0.50 - 0.10 0.20

()

2 - 125

,

,

- 0.05 0.10 - 0.01 0.05 - 0.01

5.

- 100.00 - 50.00 100.00 - 5.00 50.00 - 3.00 5.00 - 1.00 3.00 - 0.50 1.00 - 0.10 0.50 - 0.10

6. () - 500.00 ()

- 500.00

9.2

9.2.1

()

2 - 126

1) 5 3 ...

2)

3)

4) (1) (2) (3)

5) 1 3 1 3

6)

7) 2 3 4

8) 3 4

()

2 - 127

9.2.2

1 3

3 /

1) 1

2) 2

3)

4) ( 10 ) 2

5) 2

6) 2 2

()

2 - 128

7)

8) 1

9) 10) 1) 9)

(Collective Decision)

11) 4) 6) 89/7 .. 2535 ()

() ()

9.2.3 3

1)

2) 3)

()

2 - 129

9.3

9.3.1

2554 2555

(: )

2554 2555

1) - - 70,000 210,000 2) 20,000 - 80,000 140,000 3) - - 70,000 140,680 4) 10,000 - 70,000 140,680 5) 20,000 - 80,000 140,000 6) 20,000 - 50,000 140,680 7) 20,000 - 80,000 140,000 8) - - 70,000 140,000 9) - - 70,000 140,000 90,000 - 640,000 1,332,040

2/2555 7 2555 2555

()

1/ ()

()

2/

1) 1 10,000 30,000 0.625

( 25 )

()

2 - 130

()

1/ ()

()

2/

2) 8 10,000 20,000 0.5

3) 1 10,000 20,000 4) 4 10,000 10,000 5) 1 10,000 20,000 6) 2 10,000 15,000 : 1/

2/ 5,000,000

2554 2555

2554 2555

()

()

()

()

1) 7 22.98 7 25.76 2)

1/ - - 5 0.52

3)

7 1.69 7 1.77

7 24.67 7 28.05 : 1/ 25 2555 2554

9.3.2

3/2555 23 2555

1,250.00 1,670.00 420.00

()

2 - 131

386.60 33.40 33.40

9.4

5/2555 25 2555 5 1) 2) 3) 4) 5)

1

7 ... 3 3 Website

()

2 - 132

2

1

()

2 - 133

... 59 .. 2535 3

/

()

2 - 134

/

4

(ELCID) (www.ptgenergy.co.th) ...

/

()

2 - 135

5 9

3

89/15 .. 2535 ( 4) .. 2551 1) 2) 3)

()

2 - 136

68 .. 2535

(Code of Best

Practices)

( 56-1)

2

()

2 - 137

( 2 10. )

7

2554 2555 7 11

/ ()

2554 2555 1) 1/ 0/7 7/11 2) 7/7 11/11 3) 0/7 7/11 4) 7/7 11/11

()

2 - 138

/ ()

2554 2555 5) 6/7 10/11 6) 7/7 11/11 7) 2/ 5/7 8/11 8) 3/ 0/7 8/11 9) 3/ 0/7 8/11 : 1/ 2555 27 2555 2/ 2554 28 2554 3/ 3/2555 29 2555

(Thai Institute of Directors Association IOD)

9.5

()

2 - 139

1) /

2) /

3)

4) ... 59 .. 2535

5)

9.6

9.6.1 31 2555 (

) 3,813 590 3,223

()

PTG PTC 1. 39 16 2. 117 - 3. 37 - 4. 25 47

()

2 - 140

()

PTG PTC 5. - 76 6. 330 - 7. - 2 8. - 3,065 9. 12 1 10. 7 16 11. 6 - 12. 14 - 590 3,223

9.6.2

2554 2555 (

)

2554 2555

()

()

()

()

1) 2,272 259.56 3,813 454.79 2)

2,272 23.08 3, 813 33.91

2,272 282.64 3, 813 488.71

9.6.3 3

9.6.4

1)

()

2 - 141

2) 3)

()

2 - 142

10.

10/2555 26 2555 /

3 5 1) 2) 3) 4) 5) ( 3 3.3 3.7 ) ( 3 ) ...

2538

COCO DODO (QP) 20 2554 3

1) 2) 3)

()

2 - 143

QP 2 1) 2) ( 3 2554) QP 2555 2555 QP / QP

/

1.

QP

QP

-

1) 2)

-

-

1 2555

()

2 - 144

/ DC 1.

(PO) (PO)

- (PO)

-

(PO) 2556

1.

-

-

()

2 - 145

/

QP

- QP

-

-

()

2 - 146

QP 2555 4

1.

2555

-

- - -

-

2555

QP /

2.

2555

- / - -

- /

2555

QP /

3. 2555

-

-

2555

QP

()

2 - 147

-

/

4.

2555

-

-

-

- / -

- -

2555

QP

()

2 - 148

1. QP 2555

QP 2554 QP 2555 27 2556 1/2556 QP QP / QP

/

1.

()

( DODO) (Sale)

/

-

-

-

()

2 - 149

/

30 2555 1 2556 2556

2.

QP 2555

QP 2555 QP 2555 27 2556 1/2556 QP QP / QP

/

1. PTC (PO)

()

/

-

2 1.

()

2 - 150

/

(PO)

2.

-

31 2555 -

2. PTC ()

/

-

2 1.

2. /

()

2 - 151

/

-

31 2555 -

3.

QP 2555

QP 2555 QP 2555 27 2556 1/2556 QP QP / QP

()

2 - 152

/

1. PTC -

(Manpower Plan) ()

- (Manpower Plan)

(Manpower Plan)

(Manpower Plan) 2556

2. PTC - ()

-

()

2 - 153

/

19 2555

3. - (Job Description) ()

(Job Description) (Job Description)

-

(Job Description) (Job Description) (Job Description)

- QP

4. - HR

-

()

2 - 154

/

()

HR 1

-

-

-

19 2555

- QP 2555

5. PTC - HR () HR

/

-

()

2 - 155

/

HR

- HR 19 2555

-

4.

QP 2555

2555 27 2556 1/2556 QP

/

1.

/ / ()

- 1 1

()

2 - 156

/

AR / / 2555 / /

-

- ( )

()

2 - 157

/

2. ()

-

-

()

2 - 158

/

2555

311 2554 31 2555

PTC 1.

PTC Tag

PTC Tag 2556 Tag

2556 Tag

2556 Tag Tag Tag

2. PTC ()

PTC ()

()

2 - 159

/

3. PTC ()

- PTC ()

- PTC

PTC Supplier PTC Supplier Center 2555 1 2 PTC PTC lot Aging Inventory

PTC ( )

()

2 - 160

QP 2554 2555 QP

()

2 - 161

11.

11.1 2554 2555

1) (PTC) PT PTC ( COCO)

- PTC 99.99

- PTC 3 1) 2) 3)

2) (PMO)

- PMO 99.97

- PMO 2 1) 2)

3) (APO)

- APO 99.97

- APO 2 1) 2)

4) (EPO)

- EPO 99.97

- EPO 2 1) 2)

5) (EVO)

- EVO 99.97

- EVO 2 1) 2)

()

2 - 162

6) (ADO)

- ADO 99.97

- ADO 2 1) 2)

7) (ALO)

- ALO 99.97

- ALO 2 1) 2)

8) (P&C) P&C 18 2536 P&C Jobber

- P&C o () 6.54

o

58.85 - P&C 1

1) ( ) 2.71

9) (KTP) KTP 5 2539 KTP Jobber

- KTP o () 4.90

o

44.15 o P&C 25.00

- KTP 1 1)

( ) 2.71

()

2 - 163

10) () 25 2535

- o () 65

- 1

1) 6.04

11) () 23 2545 ()

- o

( 25.00 )

o ( 36.67 ) 29 2555

o 29 2555

- 29 2555

12) - o

13)

- o 10.30

o

14)

- o

()

2 - 164

() 2554 2555

1. (PTC)

- PTC

- PTC PT PTC ( COCO)

305.95 246.77 - PTC PTC PTC ( PTG)

- PTC

- PTG

-

PTC PTC

209.52 348.59 - PTG PTC

()

2 - 165

() 2554 2555

-

PTG

-

PTC PTC

- PTC PTC

16.75 38.20 - PTC PTC PTG

- PTG PTC

- PTG

()

2 - 166

() 2554 2555

- PTC

104.67 198.04 - PTC (Credit Term) 30 PTC PTC

- PTG

o o o

362.30 -

1,750.90 (1,388.60)

253.19 362.30

4,850.50 (4,959.60)

- PTC / PTG / PTG PTG

- PTC PTC

- PTC PTG

2.10 17.28 0.49 5.17 - PTC

PTC (Minimum Loan Rate: MLR) 2

- PTC

25.56 29.52 - PT PTC ( COCO)

()

2 - 167

() 2554 2555

PTG

PTC

- PTG

-

PTC PTC

- 0.11 - 2555 PTC PTC PTC

- PTG

-

PTC

0.18 1.28 - PTC PTC (Credit Term) 30 PTC

- PTG

-

1.18 1.17 - PTC

()

2 - 168

() 2554 2555

PTC PTC PTC

PTC PTC

- PTG

-

PTC

- 1.58 - 86 30 ( )

- ( ) ( 86 )

-

()

2 - 169

() 2554 2555

o o o

- 34.05

2,930.71 (2,964.76)

- - - -

- / PTG / PTG PTG

- PTC PTC

- PTG

- -

- - - PTC

PTC (Minimum Loan Rate: MLR) 2

- PTC

- 70.00 - PTG

- PTG

- PTC

- 13.60 - PTC 1/2555 3 2555 PTC 160.02 600.00 439.98 100.00 73.33

()

2 - 170

() 2554 2555

PTC 2554 PTC 146.42 146.42 13.60 PTC PTC

- PTC PTC

- PTC 2555 PTG PTG

2. (PMO)

- PMO

- PMO

168.13 71.35 - PMO PMO PMO PTG

- PMO

-

()

2 - 171

() 2554 2555

PTG

-

PMO PMO

31.34 61.06 - PTG PMO

- PTG

-

PMO PMO

9.13 12.66 - PTG PMO

-

()

2 - 172

() 2554 2555

PTG

- PMO

- 20.21 - PMO (Credit Term) 30 PMO PMO

- PTG

-

PMO

- 0.56 - 86 30 ( )

- ( ) ( 86 )

-

()

2 - 173

() 2554 2555

-

PMO

- PMO

- 0.59 - PMO PMO

- PTG

o o o

15.30 -

15.30 -

- 15.30 51.90

(67.10)

- PMO / PTG / PTG PTG

- PMO PMO

- PMO PTG

0.15 0.13 0.10 0.03 - PMO

PMO (Minimum Loan Rate: MLR) 2

- PMO

34.29 - - PMO PMO

()

2 - 174

() 2554 2555

PMO PMO

-

- PMO

PMO

0.44 0.02 - PMO

- PTG

o o o

- 43.49

901.32 (944.81)

60.60 -

607.20 (546.60)

- / PTG

1.23 0.91

()

2 - 175

() 2554 2555

5.56 0.08 / PTG PTG

- PMO PMO

- PTG

- PMO PMO (Minimum Loan Rate: MLR) 2

- PMO

24.99 11.50 - PTG

- PTG

3. (APO)

- APO

- APO

22.04 101.74 - APO APO APO PTG

()

2 - 176

() 2554 2555

- APO

- PTG

-

APO APO

2.49 32.29 - PTG APO

- PTG

-

APO

7.63 12.72 - PTG APO

()

2 - 177

() 2554 2555

APO

-

- APO

- 30.83 - APO (Credit Term) 30 APO APO

- PTG

o o o

4.50 -

4.50 -

- 4.50

370.10 (374.60)

- APO / PTG / PTG PTG

- APO APO

0.001 0.49 0.001 0.03 - APO

APO

()

2 - 178

() 2554 2555

(Minimum Loan Rate: MLR) 2

- APO PTG

- APO

11.71 30.70 - APO APO APO APO

-

o o o

- 54.27

838.10 (892.37)

42.70 -

420.20 (377.50)

- / PTG / PTG PTG

- APO

2.93 1.31 0.20 0.14

- APO

()

2 - 179

() 2554 2555

APO (Minimum Loan Rate: MLR) 2

APO -

PTG

- APO

44.99 7.00 - PTG

- PTG

4. (EPO)

- EPO

- EPO

54.28 - - EPO EPO EPO PTG

- EPO

-

()

2 - 180

() 2554 2555

PTG

-

EPO EPO

4.55 1.85 - PTG EPO

- PTG

-

EPO EPO

7.45 9.05 - PTG EPO

-

()

2 - 181

() 2554 2555

PTG

- EPO

1.11 - - EPO (Credit Term) 30 EPO EPO

- PTG

o o o

- -

747.58 (747.58)

- -

196.59 (196.59)

- EPO / PTG / PTG PTG

- EPO EPO

- EPO PTG

0.09 0.68

0.01 - - EPO

EPO (Minimum Loan Rate: MLR) 2

- EPO

40.02 4.08 - EPO

()

2 - 182

() 2554 2555

EPO EPO EPO

-

o o o

86.47 -

1,474.23 (1,387.76)

4.65 86.47

976.92 (1,059.74)

- / PTG / PTG PTG

- EPO EPO

- PTG

1.43 1.55 1.43 0.02

- EPO EPO (Minimum Loan Rate: MLR) 2

()

2 - 183

() 2554 2555

- EPO

- 64.98 - PTG

- PTG

5. (EVO)

- EVO

- EVO

132.80 305.76 - EVO EVO EVO PTG

- EVO

- PTG

()

2 - 184

() 2554 2555

-

EVO EVO

41.28 57.68 - PTG EVO

- PTG

-

EVO EVO

5.80 13.37 - PTG EVO

- PTG

()

2 - 185

() 2554 2555

-

EVO

- 0.78 - 86 30 ( )

- ( ) ( 86 )

-

- EVO

37.36 41.33 - EVO (Credit Term) 30 EVO EVO

- PTG

o

- -

- -

-

()

2 - 186

() 2554 2555

o o

214.45 (214.45)

948.40 (948.40)

EVO / PTG / PTG PTG

- EVO EVO

- EVO PTG

0.22 1.21

- 0.0004 - EVO

EVO (Minimum Loan Rate: MLR) 2

- EVO

3.96 12.92 - EVO EVO EVO EVO

-

()

2 - 187

() 2554 2555

-

EVO

0.01 0.35 - EVO EVO (Credit Term) 30 EVO

- PTG

o o o

283.65 -

834.75 (551.10)

116.65 283.65 894.86

(1,061.86)

- / PTG / PTG PTG

- EVO EVO

- PTG

1.27 3.84 1.27 0.40 - EVO

EVO (Minimum Loan Rate: MLR) 2

- EVO

- 66.98 - PTG

()

2 - 188

() 2554 2555

- PTG

6. (ADO)

- ADO

- ADO

- 5.06 - ADO ADO ADO PTG

- ADO

- PTG

-

ADO ADO

- 1.12 - PTG ADO

()

2 - 189

() 2554 2555

-

PTG

-

ADO EVO

- 8.36 - PTG ADO

- PTG

o o o

- - - -

- -

357.60 (357.60)

- ADO / PTG / - 0.54

- -

()

2 - 190

() 2554 2555

- ADO ADO (Minimum Loan Rate: MLR) 2

PTG PTG

- ADO ADO

- ADO PTG

o o o

- - - -

25.30 -

786.70 (761.40)

- / ADO / PTG PTG

- ADO ADO

- PTG

- - 2.00 - - 0.11 - ADO

ADO (Minimum Loan Rate: MLR) 2

- ADO

- 5.00 - PTG

()

2 - 191

() 2554 2555

-

PTG

7. (ALO)

- ALO

- ALO

- 53.67 - ALO ALO ALO PTG

- ALO

- PTG

-

ALO

- 2.66 - PTG ALO

()

2 - 192

() 2554 2555

ALO

- PTG

-

ALO ALO

- 8.01 - PTG ALO

- PTG

- ALO

- 58.56 - ALO (Credit Term) 30 ALO ALO

- PTG

()

2 - 193

() 2554 2555

o o o

- - - -

- -

187.01 (187.01)

- ALO / PTG / PTG PTG

- ALO ALO

- ALO PTG

- 0.09

- 0.002 - ALO

ALO (Minimum Loan Rate: MLR) 2

o o o

- - - -

85.89 -

631.29 (545.40)

- / ALO / PTG PTG

- ALO ALO

-

- - 1.45 - - 0.15

- ALO ALO (Minimum Loan Rate:

()

2 - 194

() 2554 2555

MLR) 2 PTG

8. (P&C)

o o

- P&C

89.06 20.75 68.31

80.09 -

80.09

- P&C P&C P&C P&C P&C

-

o o

- P&C P&C

1.31 -

1.31

- - -

- P&C 7 1.31 2554 0.93 2555 P&C P&C

- P&C 7 P&C

()

2 - 195

() 2554 2555

P&C

o o

- P&C PT PTC ( COCO)

432.02 6.29

425.73

562.79 2.70

560.09

- Jobber ()

- P&C Jobber

- P&C Jobber Jobber

-

()

2 - 196

() 2554 2555

o o

- P&C P&C

5.59 -

5.59

7.15 -

7.15

- P&C P&C (Credit Term) 7 P&C

- P&C P&C 7 P&C

9. (KTP)

o o

- P&C KTP P&C PT PTC ( COCO)

11.74 11.74

-

- - -

- Jobber ()

- P&C (KTP P&C) Jobber

- P&C (KTP P&C) Jobber

()

2 - 197

() 2554 2555

Jobber

- KTP KTP 7 P&C (KTP P&C)

10. ()

o o

-

214.54 0.01

214.53

175.19 175.19

-

-

-

-

()

2 - 198

() 2554 2555

o o

-

0.69 0.69

-

0.59 0.59

-

-

-

-

0.72 0.72 -

()

2 - 199

() 2554 2555

( 2 5. 5.2.2 )

-

-

o o

-

9.41 0.37 9.04

- - -

- 30 2554 20 2555 9.41 2554 3.79 2555

()

2 - 200

() 2554 2555

-

-

11. ()

o o

-

1.14 0.33 0.81

1.46 0.38 1.08

-

()

2 - 201

() 2554 2555

-

-

12. -

(ALO) (ADO) 2554 () 2555 ALO ADO 99.97 99.97 99.99

2.00 5.00 - (ALO) (ADO) 23 2554 ALO ADO 1.00 10,000 100 9,998 99.98

- () PT 19 2555 5.00 50,000

()

2 - 202

() 2554 2555

100 49,998 99.99

- ALO 9,997 ADO 9,997 49,997 100 ALO ADO 99.97 99.97 99.99

-

13.

2 - - (L/G) -

400 1,200

120

400 1,200

120

-

-

14.

1 - - (L/G)

400 1,200

400 1,200

-

-

()

2 - 203

() 2554 2555

() ( 69-1)

2 - 204

11.2 10/2555 26 2555

/ / / / / /

1.

2. () / / /

2. () /

11.3 /

/

() ( 69-1)

2 - 205

/ / ( 56-1)

/

/ / ()

()

P&C Jobber

Jobber P&C

() ( 69-1)

2 - 206

P&C Jobber Jobber P&C Jobber

/

1.

2.

3. /

4.

5. PTG

6.

()

2 - 207

12

12.1

12.1.1 31 2552

31 2552 . 2759 31 2552 31 2552

19

32 31 2552 287.14 31 2551 344.21 147.48 2551 196.73 31 2552 19 2553 1 2552 31 2552 2551 12 19 2554 1 2553

31 2553

31 2553

()

2 - 208

2982 31 2553 31 2553

31

2553 2552 2552

31 2554

31 2554 2982 31 2554 31 2554

2.1

31 2554 .. 2554 1 2554 31 2553 31 2554

()

2 - 209

31 2555

31 2555 2982 31 2555 31 2555

()

2 - 210

12.1.2 31 2552 2555

31 2552 ()

31 2553 ()

31 2554 ()

31 2555 ()

70.18 3.9 76.48 3.6 262.68 9.1 398.84 10.3 7.15 0.4 5.43 0.3 0.35 0.0 1.79 0.0 199.35 11.1 199.34 9.4 365.62 12.7 277.16 7.1 7.00 0.4 - - - - - - 432.80 24.1 565.81 26.6 659.82 23.0 861.76 22.2

716.47 39.9 847.06 39.8 1,288.48 44.8 1,539.55 39.6

105.94 5.9 6.01 0.3 31.03 1.1 31.57 0.8 - - 4.00 0.2 3.64 0.1 3.46 0.1 - - 94.87 4.5 89.98 3.1 89.98 2.3 28.38 1.6 - - - - - - 910.80 50.7 1,087.49 51.1 1,338.15 46.6 2,089.38 53.7 22.52 1.3 74.53 3.5 103.30 3.6 111.40 2.9 0.46 0.0 3.44 0.2 10.06 0.4 12.13 0.3 12.34 0.7 9.37 0.4 10.00 0.3 12.57 0.3

1,080.45 60.1 1,279.71 60.2 1,586.16 55.2 2,350.50 60.4 1,796.92 100.0 2,126.77 100.0 2,874.64 100.0 3,890.05 100.0

()

2 - 211

31 2552 ()

31 2553 ()

31 2554 ()

31 2555 ()

119.41 6.6 492.47 23.2 202.35 7.0 408.84 10.5 382.87 21.3 593.17 27.9 887.43 30.9 1,086.79 27.9 6.00 0.3 - - - - - - 8.00 0.4 - - - - - - 5.30 0.3 26.26 1.2 52.93 1.8 131.29 3.4 47.25 2.6 40.66 1.9 68.44 2.4 60.00 1.5 10.46 0.6 24.95 1.2 77.92 2.7 39.23 1.0

579.28 32.2 1,177.53 55.4 1,289.08 44.8 1,726.15 44.4

287.14 16.0 - - - - - - 65.00 3.6 - - - - - - 19.50 1.1 - - - - - - 50.75 2.8 101.22 4.8 181.78 6.3 451.66 11.6 51.06 2.8 8.97 0.4 332.50 11.6 273.75 7.0 - - - - 27.27 0.9 33.57 0.9 11.45 0.6 17.19 0.8 17.11 0.6 20.05 0.5

484.90 27.0 127.38 6.0 558.67 19.4 779.03 20.0 1,064.19 59.2 1,304.91 61.4 1,847.74 64.3 2,505.18 64.4

1,250.00 69.6 1,250.00 58.8 1,250.00 43.5 1,670.00 42.9 1,250.00 69.6 1,250.00 58.8 1,250.00 43.5 1,250.00 32.1 59.50 3.3 59.50 2.8 59.50 2.1 - -

()

2 - 212

31 2552 ()

31 2553 ()

31 2554 ()

31 2555 ()

() 1.51 0.1 1.51 0.1 1.51 0.1 9.99 0.3 (578.27) (32.2) (489.19) (23.0) (286.17) (10.0) 124.80 3.2

732.74 40.8 821.82 38.6 1,024.84 35.7 1,384.79 35.6 0.00 0.0 0.05 0.0 2.06 0.1 0.08 0.0

732.74 40.8 821.87 38.6 1,026.89 35.7 1,384.87 35.6

31 2552 2555

31 2552 ()

31 2553 ()

31 2554 ()

31 2555 ()

9,637.48 99.6 15,651.57 99.8 27,798.62 99.9 41,710.41 100.00 39.35 0.4 29.57 0.2 18.09 0.1 13.27 0.0

9,676.83 100.0 15,681.14 100.0 27,816.71 100.0 41,723.68 100.00

(9,169.26) (94.8) (14,954.21) (95.4) (26,729.83) (96.1) (39,984.43) (95.8) (30.43) (0.3) (16.30) (0.1) (12.35) (0.0) (6.95) (0.0)

(9,199.69) (95.1) (14,970.51) (95.5) (26,742.18) (96.1) (39,991.38) (95.8) 477.14 4.9 710.63 4.5 1,074.53 3.9 1,732.30 4.2

- - - - 45.96 0.2 - - 52.50 0.5 59.93 0.4 58.34 0.2 45.27 0.1

()

2 - 213

31 2552 ()

31 2553 ()

31 2554 ()

31 2555 ()

32.69 0.3 - - - - - - 11.74 0.1 26.67 0.2 30.36 0.1 50.37 0.1

96.93 1.0 86.60 0.5 134.66 0.5 95.64 0.2 574.07 5.9 797.23 5.1 1,209.19 4.3 1,827.94 4.4

(210.71) (2.2) (268.48) (1.7) (325.24) (1.2) (1,110.43) (2.7) (177.08) (1.8) (342.70) (2.2) (480.76) (1.7) (215.37) (0.5) (15.57) (0.2) - - - - - - - - - - (26.79) (0.1) - -

(403.37) (4.2) (611.18) (3.9) (832.79) (3.0) (1,325.79) (3.2) 170.70 1.8 186.05 1.2 376.40 1.4 502.15 1.2

(60.22) (0.6) (57.56) (0.4) (47.27) (0.2) (55.87) (0.1) (20.03) (0.2) (39.34) (0.3) (102.72) (0.4) (86.28) (0.2)

90.45 0.9 89.15 0.6 226.42 0.8 359.99 0.9 90.45 0.9 89.15 0.6 226.42 0.8 359.99 0.9

31 2552 2555

: 31 2552

() 31 2553

() 31 2554

() 31 2555

()

110.49 128.49 329.14 446.28 ()

63.99 136.02 190.99 240.95

()

2 - 214

: 31 2552

() 31 2553

() 31 2554

() 31 2555

() ( ) (1.00) (2.83) 5.01 (2.95) ( ) 15.57 3.99 4.80 11.02 (2.46) ( ) 26.79 ( ) (32.69) (5.53) 3.90 6.29 52.99 50.66 36.30 43.41

() (1.44) (63.78) (15.78) (159.31) 139.58 35.23 (133.01) (88.13) (201.94) (3.90) (3.98) 8.73 (7.12) (2.57)

() (16.27) 235.88 306.67 174.42 1.31 5.74 (0.08) 2.94

() 157.96 417.91 640.97 856.00 (26.06) (76.25) (46.13) (43.28) (12.19) (30.60) (44.74) (124.98)

() 119.71 311.06 550.10 687.74

99.93 (25.01) (0.54)

()

2 - 215

: 31 2552

() 31 2553

() 31 2554

() 31 2555

() () (3.01) 1.71 5.08 () (7.00) 7.00 () (4.00) 0. 36 0.18 1.30 4.23 0.09 6.51 (148.73) (228.38) (214.94) (422.60) - 11.20 (3.26) (7.34) (4.74) (0.92) (87.87) (128.57) (169.74)

() (147.16) (210.65) (370.33) (590.94)

() 63.18 373.07 (290.13) 206.49 () (49.07) (295.14) () 49.65 (6.00) () 17.42 (32.84) (57.24) (97.93) () (84.50) () (13.06) (48.68) 351.82 (67.19) 2.00 (1.98) (0.02) (0.02) (0.04)

() 68.12 (94.11) 6.44 39.35 () 40.67 6.30 186.20 136.15 - 29.51 70.18 76.48 262.68 - 70.18 76.48 262.68 398.84

()

2 - 216

12.1.3

31 2552

() 31 2553

() 31 2554

() 31 2555

()

(Liquidity Ratio) () 1.24 0.72 1.00 0.89 () 0.48 0.24 0.49 0.39 () 0.22 0.35 0.45 0.46 () 76.66 91.78 172.71 300.84 () 4.70 3.92 2.08 1.20 () 20.38 30.33 44.05 52.93 () 17.66 11.87 8.17 6.80 () 29.10 37.23 41.93 45.11 () 12.37 9.67 8.58 7.98 Cash Cycle () 9.98 6.12 1.67 0.02

(Profitability Ratio) () 4.93 4.53 3.86 4.15 () 1.76 1.19 1.35 1.20 () 0.99 0.55 0.48 0.23 () 70.13 167.19 146.15 136.96 () 0.93 0.57 0.81 0.86 () 13.51 11.47 24.49 29.85

()

2 - 217

31 2552

() 31 2553

() 31 2554

() 31 2555

()

(Efficiency Ratio) () 5.36 4.54 9.05 10.64 () 18.03 18.13 27.22 29.10 () 5.79 8.04 11.18 12.36

(Financial Policy Ratio) () 1.45 1.59 1.80 1.81 () 2.62 7.26 13.56 15.32 () 0.61 0.80 1.39 0.90 () n.a. n.a. n.a. n.a.

12.1.4

31 2552 31 2553 31 2554 31 2555

() 390.97 557.73 948.05 1,372.53 () 442.69 669.73 1,039.92 1,705.50 () 1.13 1.20 1.10 1.24 () 90.45 89.15 226.42 359.99 () 0.23 0.16 0.24 0.26

()

2 - 218

12.2

12.2.1 () ()

PT 2540 2552 2552

9,676.83 2552 15,681.14 2553 27,816.71 2554 41,723.68 2555 PT COCO 403.37 2552 611.18 2553 832.79 2554 1,325.79 2555 4.2 2552 3.9 2553 3.0 2554 3.2 2555

90.45 2552 89.15 2553

2552 (Tax Loss Carried Forward) 2553 (Tax Loss Carried Forward)

()

2 - 219

2552 2553 2552 2554 2555 226.42 359.99

12.2.2

9,676.83 2552 15,681.14 2553 27,816.71 2554 41,723.68 2555

1)

2552 2555 9,637.48

15,651.57 27,798.62 41,710.41 2 1) 2)

1.1)

9,278.59 2552 15,405.88

2553 27,545.54 2554 41,422.53 2555 390.97 2552 557.73 2553 948.05 2554 1,372.53 2555 95.9 98.2 99.0 99.3 2552 2555

2552 2553 2554 2555

1.

( COCO)

4,039.85 43.5 7,432.19 48.2 11,905.46 43.2 19,728.41 47.6

()

2 - 220

2552 2553 2554 2555

2.

( DODO)

4,058.82 43.7 5,518.34 35.8 7,029. 76 25.5 8,064.67 19.5

3.

1,179.92 12.7 2,455.35 15.9 8,610.33 31.3 13,629.46 32.9

9,278.59 100.0 15,405.88 100.0 27,545.54 100.0 41,422.53 100.0

1.1.1)

43.5 48.2 43.2 47.6 2552 2555 4,039.85 2552 42.3 7,432.19 2553 84.0 11,905.46 2554 60.2 19,728.41 2555 65.7

PT ( COCO) 2552 COCO 101 184 2553 272 2554 397 2555 COCO 2552 COCO 2552 2554 68.0 57.8 51.1 59.4

( ) 2553 2555 16.6 6.0 4.0 2552 15.3 2552

()

2 - 221

2552 2553 2554 2555

COCO () 101 184 272 397

() 4,039.85 7,432.19 11,905.46 19,728.41

() 42.3 84.0 60.2 65.7

() 68.0 57.8 51.1 59.4

COCO

() (15.3) 16.6 6.0 4.0

1.1.2)

COCO

( ) ( DODO) 2552 4,058.82 25.1 2552 2552 19.5 2552 6.9 2552 2552

2553

2553 5,518.34 36.0 2553 17.8 2553 15.5 PT DODO 2552 2552

()

2 - 222

2554 2555 PT DODO 2554 20.5 2555 10.3 2554 2555 5.7 4.0

2552 2553 2554 2555

DODO () 147 154 165 177

() 4,058.82 5,518.34 7,029.76 8,064.67

() (25.1) 36.0 27.4 14.7

() (6.9) 15.5 20.5 10.3

() (19.5) 17.8 5.7 4.0

2552 43.7 35.8 2553 25.5 2554 19.5 2555 COCO PT DODO PT COCO

1.1.3)

2552 1,179.92 3.4 2552 16.5

()

2 - 223

2552 15.8 2552

2553

2,455.35 2553 108.1 8,610.33 2554 250.7 13,629.46 2555 58.3 2553 2555 85.5 227.2 52.8