PETCHEM SUPPLY CO.,LTD.

Head Office : 5/8-9 Moo 4 Soi Ramintra 15, Ramintra Road, Anusaowaree, Bangkhen, Bangkok 10220
Warehouse : 215/37 Moo2 Tambol Bowin Amphur Sriracha, Chonburi, 20230
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Tel : 66-2-105-4187 Fax : 66-2-970-6572, 66-2-970-6580 www.petchem.co.th email : info@petchem.co.th

Statement of Financial position

Assets

31 December
2014

2013
(in Baht)

Current assets
Cash and cash equivalents
Temporary Investment
Trade accounts receivable
Inventories
Other current assets
Total current assets

42,789,149.44
5,705,781.82
44,156,614.42
147,715,045.96
1,629,831.78
241,996,423.42

6,705,497.99
5,596,764.62
40,177,080.60
140,422,523.32
18,045,951.61
210,947,818.14

Non-current assets
Other long-term investment
Property, plant and equipment
Intangible assets
Work in Construction
Other non-current assets
Total non-current assets

3,161,900.00
95,896,355.81
4,044,583.52
3,658,800.00
106,761,639.33

3,161,900.00
101,197,725.94
4,057,525.64
1,770,364.07
110,187,515.65

Total assets

348,758,062.75

321,135,333.79

The accompanying notes are an integral part of these financial statements.

1

CARBON ALLOY STANLESS

IMPORT EXPORT MANUFACTURERS AGENTS PIPELINE SUPPLIES TO ENERGY INDUSTRIES

PETCHEM SUPPLY CO.,LTD.

Head Office : 5/8-9 Moo 4 Soi Ramintra 15, Ramintra Road, Anusaowaree, Bangkhen, Bangkok 10220
Warehouse : 215/37 Moo2 Tambol Bowin Amphur Sriracha, Chonburi, 20230
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Tel : 66-2-105-4187 Fax : 66-2-970-6572, 66-2-970-6580 www.petchem.co.th email : info@petchem.co.th

Statement of financial position

Liabilities and equity

31 December
2014

2013
(in Baht)

Current liabilities
Bank overdrafts from Financial Institution
Trade accounts payable
Current portion of long-term loans from
financial institutions
Short - Term Loan from Financial Institution
Income tax payable
Other current liabilities
Total current liabilities

11,258,262.72
133,997,907.76

16,628,233.00
102,906,466.11

3,483,703.92
15,290,029.74
1,982,108.99
1,069,610.44
167,081,623.57

3,083,676.00
21,657,593.97
0.00
940,104.27
145,216,073.35

5,717,774.10

6,803,260.00

2,230,495.41
7,948,269.51

952,612.80
7,755,872.80

Total liabilities
175,029,893.08
Equity
Share capital
Authorised share capital 1,400,000 Ordinary Shares
Par Value Baht 100.00 Total 140,000,000 Baht.
Issued and paid-up share capital
101,000,000.00
Retained earnings
Unappropriated
72,728,169.67
Total equity
173,728,169.67

152,971,946.15

Total liabilities and equity

321,135,333.79

Non-current liabilities
Long-term loans from financial institutions
Long-term loans from personal
Employee benefit obligations
Total non-current liabilities

348,758,062.75

101,000,000.00
67,163,387.64
168,163,387.64

The accompanying notes are an integral part of these financial statements.

2

CARBON ALLOY STANLESS

IMPORT EXPORT MANUFACTURERS AGENTS PIPELINE SUPPLIES TO ENERGY INDUSTRIES

PETCHEM SUPPLY CO.,LTD.

Head Office : 5/8-9 Moo 4 Soi Ramintra 15, Ramintra Road, Anusaowaree, Bangkhen, Bangkok 10220
Warehouse : 215/37 Moo2 Tambol Bowin Amphur Sriracha, Chonburi, 20230
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Tel : 66-2-105-4187 Fax : 66-2-970-6572, 66-2-970-6580 www.petchem.co.th email : info@petchem.co.th

Statement of income

31 December
2014

2013
(in Baht)

Income
Revenue from sale of goods
Other income
Total income

394,935,253.72
5,824,372.95
400,759,626.67

172,101,902.52
2,278,008.66
174,379,911.18

Expenses
Cost of sale of goods
Selling expenses
Administrative expenses
Total expenses

304,223,539.73
19,633,024.83
65,405,097.78
389,261,662.34

125,620,740.82
8,687,808.10
38,804,591.58
173,113,140.50

11,497,964.33
2,430,428.28
9,067,536.05
3,502,754.01
5,564,782.04

1,266,770.68
1,994,613.31
(727,842.63)
247,080.78
(974,923.41)

Profit (loss) before Finance cost and income tax expense

Finance costs
Profit (loss) before income tax expense
Income tax benefits
Profit (loss) for the year

The accompanying notes are an integral part of these financial statements.

3

CARBON ALLOY STANLESS

IMPORT EXPORT MANUFACTURERS AGENTS PIPELINE SUPPLIES TO ENERGY INDUSTRIES

PETCHEM SUPPLY CO.,LTD.

Head Office : 5/8-9 Moo 4 Soi Ramintra 15, Ramintra Road, Anusaowaree, Bangkhen, Bangkok 10220
Warehouse : 215/37 Moo2 Tambol Bowin Amphur Sriracha, Chonburi, 20230
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Tel : 66-2-105-4187 Fax : 66-2-970-6572, 66-2-970-6580 www.petchem.co.th email : info@petchem.co.th

Statements of changes in equity

Retained
earnings

Issued and
paid-up

Unappropriated

Total

share capital

(deficit)

equity
(in Baht)

Balance at 1 January 2014

Total Comprehensive Income(loss) for
the Period

101,000,000.00

67,163,387.63

168,163,387.63

5,564,782.04

5,564,782.04

Balance at 31 December 2014

101,000,000.00

72,728,169.67

173,728,169.67

39,000,000.00

39,000,000.00

Increase share capital

Total Comprehensive Income(loss) for
the Period
Balance at 31 December 2015

140,000,000.00

2,728,319.23
75,456,488.90

2,728,319.23
215,456,488.90

The accompanying notes are an integral part of these financial statements.

4
CARBON ALLOY STANLESS
IMPORT EXPORT MANUFACTURERS AGENTS PIPELINE SUPPLIES TO ENERGY INDUSTRIES