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1. 652,500,000 45.00 2. NORTRUST NOMINEES LIMITED 132,496,700
9.14 NORTRUST NOMINEES LTD. 132,382,400 NORTRUST NOMINEES
LIMITED-MELBOURNE BRANCH FUTURE FUND CLIENTS 114,300 3. LITTLEDOWN
NOMINEES LIMITED 70,005,000 4.83 4. 69,510,300 4.79 (2 ) 59,099,160
(4 ) 10,411,140 5. AMERICAN INTERNATIONAL ASSURANCE COMPANY
53,212,100 3.67 AMERICAN INTERNATIONAL ASSURANCE COMPANY,
LIMITED-APEX 19,500,000 AMERICAN INTERNATIONAL ASSURANCE COMPANY,
LIMITED-AIA D-PLUS 17,575,000 AMERICAN INTERNATIONAL ASSURANCE
COMPANY, LIMITED-TIGER 16,077,100 AMERICAN INTERNATIONAL ASSURANCE
COMPANY, LIMITED-2 PAY 10 60,000 6. 40,430,020 2.79 7. ()
27,415,400 1.89 8. 25,989,800 1.79 9. THE BANK OF NEW YORK
14,150,785 0.98 THE BANK OF NEW YORK (NOMINEES) LIMITED 8,307,285
THE BANK OF NEW YORK NOMINEES LTD-CGT EXEMPT 3,182,500 THE BANK OF
NEW YORK MELLON 2,211,000 THE BANK OF NY NOMINEES LTD SUB A/C CS
CO. GLOBAL UK CLIENT A/C 450,000 10. 13,513,600 0.93 1,099,223,705
75.81 350,776,295 24.19 1,450,000,000 100.00
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4.3 30 89/12 4.4 / 4.5 2546 () 4.6 4.7 4.8 ISO 14001 2553 OHSAS
18001 ISO 14001 2554
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(Green Energy) Carbon Credit 2553 1 6.4 () 6.5 COSO-Internal
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(1) / (2) / (3) 30 2553 (4) 30 2553 (5) 30 2553 (6) 30 2553 6.8
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1. 99.99 2. 99.99 3. 99.99 4. 99.99 ( ) 5. 99.99 6. - 99.99 . 7.
99.99 8. () 99.99 ( ) 9. () 99.99 ( () ) 10. 51.00 ( ) 11. 51.00 (
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23,048.57 61.21 - 99.99 35.35 0.08 31.43 0.08 - - * 99.99 42.26
0.10 5.71 0.02 () 50 616.54 1.39 535.56 1.42 25 957.44 2.16
1,191.56 3.16 49.99 29.59 0.07 20.73 0.06 33.33 (22.01) (0.05)
(25.77) (0.07) 51 (1.87) - (1.24) - ** 40 (136.48) (0.31) (0.10) -
37.50 (0.08) - (0.03) - 258.67 0.58 139.67 0.37 () 197.73 0.45
222.91 0.59 () 99.99 30.76 0.07 33.98 0.09 99.99 3.68 0.01 1.56
0.01 99.99 0.20 - - - 99.99 0.01 - - - 60.60 0.14 35.53 0.09 ()
99.99 72.74 0.16 148.88 0.40 99.99 0.05 - - - - 99.99 0.07 - - -
44,248.76 100.00 37,653.83 100.00
2553 2552
2553 2552
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. 2553 11 4-5 2553 10 2553 24,009.9 24 2552 22,044.9 1,965 8.9 2553
PDP 2010 2553 23,249 700 1 2553 14 ( 2.6 ./ non-firm) 1.1 / 1.2 (.)
(.) PDP 2010 31 2553 30,920.02 5.85 . 14,998.13 (49%) () 12,151.59
(39%) () 2,182.3 (7%) 1,588 (5%) 73% 17% 670 . 2 948 SIPCO 60
1 2553
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5% 1% 3%
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2. 2.1 (Emerging Market) 4% - 6% 2-3 2553 2551 Business Monitor
International (BMI) 1
2007 2008 2009F 2010F 2011F 2012F 2013F 2014F 2.3% 4.5% -3.8%
1.0% 1.0% 2.0% 2.0% 1.5% 1.3% 15.8% 4.6% 5.0% 7.5% 8.2% 8.0% 8.0%
8.0% 8.1% 0.8% -2.3% -1.3% 4.0% 3.8% 6.2% 3.5% 3.6% 2.3% 6.5% 3.2%
5.0% 5.5% 6.0% 6.0% 6.0% 5.5% 5.5% 7.0% 6.2% 3.0% 6.6% 6.4% 6.0%
6.5% 7.0% 6.1% 1.8% -0.5% -2.5% 5.0% 1.5% 1.2% 1.0% 2.0% 0.6% 4.2%
1.3% -3.7% 4.5% 6.0% 5.0% 5.0% 5.0% 3.4% 2.7% -3.7% -1.2% 6.0% 5.5%
4.6% 5.9% 5.1% 3.1% 4.9% 0.0% 0.7% 5.5% 5.5% 4.9% 5.0% 5.0% 3.9%
4.3% 1.5% -5.3% 1.3% 3.8% 3.6% 4.0% 3.1% 2.0% 5.8% 5.2% -12.5% 2.0%
1.7% 2.4% 3.5% 2.5% 1.3% 8.9% 8.2% 3.8% 5.5% 7.8% 8.8% 8.1% 8.8%
7.5% 3.2% -2.1% -4.1% 6.1% 3.7% 3.5% 4.0% 3.5% 2.2% 4.3% 2.0% -1.7%
3.4% 6.5% 5.9% 6.0% 5.5% 4.0% 10.1% 14.0% 7.9% 10.1% 10.9% 11.0%
9.9% 9.0% 10.4% : Business Monitor International (BMI) 175 22
-
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10 1. 2. 3. 4. (Risk Limit) (Warning Sign) 5. 3 1. 1.1 2552 2553
. .. 2553-2573 (PDP 2010 2553) PDP 2007 2 (Renewable Energy)
-
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2553 firm cogeneration 4 3 2553 1.2 () () 1.3 (Strategic
Partner) 1.4 1.5 (Post Investment Analysis)
-
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(Safety) 2. 2.1 (Credit Line) 7,500 2547 / 2553 S&P Rating
(S&P) Moodys Investors Service (Moodys) 2.2 . (Forward) (Spare
Parts) (Swap) 2.2.1 LIBOR (Applicable Margin) (Interest Rate SWAP
Agreement) 10 2549 MLR (Applicable Margin) 5 1 2552 31 2557
-
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LIBOR (Margin Application) (Interest Rate SWAP Agreement) 10
2541 2.2.2 . 3. 3.1 2553 3.2 / (Crisis Management Manual) (Crisis
Communications Manual) (Two Way Communication)
-
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3.3 (ISO14001) 2553 OHSAS 18001 (Occupational Health and Safety
Assessment Series) ISO 14000 OHSAS 18001 2554
-
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2553 4 2553 () 2553 () ()
( )
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(1 - 14 2553) (15 - 31 2553) 2553 4 2553-2557 1/2553
( )
-
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.. 2535 .. 2543 .. 2535 31 2553 5 31 2553 ( ) ( )
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() 3 .. 2552 .. 2551 2553
5 1 ( 4/2553 ) ( 3565) ( 4195) ( 4068) 2554 1,680,000 (
Out-of-pocket 60,000 ) 715,000 2554
( )
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1. 2553 2553 1.1 21 2553 () 849 5 2553 2,783 94,620 9 31 2553
2,760 39 1.2 - - SK Engineering & Construction Co., Ltd. Korea
Western Power Co., Ltd. (.) (Tariff MOU) (.) 16 2553 1.3 - 3 28
2553 , Marubeni Corporation Lao Holding State Enterprise 3 . - 3
440 2560 0.3 3,000 100 8 2553 20 3 0.45 ( 25) 1.4 2 - 5 2553 ()
0.13 1.3 1 100 - 6 2553 () () 0.12 1.2 1 100 1.5 . 28 2553 2
Electricite Du Laos-Generation Public Company (EDL Gen) . . 75
81.112 43.37 1,315.10 9.345 - - EDL Gen 56.112 4,300 30 6.467 - ()
EDL Gen 25 4,300 13.37 2.878
-
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1.6 10 2553 (SEC) 6.3 21 30 51 1.7 (1) 21 2553 . 40 2 ( 2 10 )
(2) 22 2553 . 10 40 ( 4 10 ) 2.
44,248.76 37,653.83 6,594.93 17.51 39,033.09 30,914.23 8,118.86
26.26 5,215.67 6,739.60 (1,523.93) (22.61) 4.74 - 4.74 - 5,220.41
6,739.60 (1,519.19) (22.54)
2553 2552 () %
:
2.1 2553 44,248.76 2552 (37,653.83 ) 6,594.93 17.51 2.1.1 2553
42,138.86 2552 (35,344.88 ) 6,793.98 19.22 (1) 2553 10,844.45
(12,264.88 ) 1,420.43 11.58 2553 2552 (2) 2553 31,294.41 (23,080.00
) 8,214.41 35.59 2553 (Reserve Shutdown) 35.43 2.1.2 2553 258.67
2552 (139.67 ) 119.00 85.20 2553 () 115.08 2.1.3 2553 1,443.13 2552
(1,720.71 ) 277.58 16.13 2553 1,878 136.38
-
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2.2 2553 39,033.09 2552 (30,914.23 ) 8,118.86 26.26 2.2.1 2553
36,154.15 2552 (28,525.65 ) 7,628.50 26.74 (1) 2553 31,144.19 2552
(22,996.56 ) 8,147.63 35.43 2553 Reserve Shutdown 2552 (2) 2553
5,009.96 2552 (5,529.09 ) 519.13 9.39 338.14 111.47 2.2.2 () 2553
677.33 2552 (861.10 ) 183.77 21.34 2.2.3 2553 1,271.91 2552 (830.94
) 440.97 53.07 3 18 2553 3. 3.1 31 2553 69,446.40 31 2552 (69,
341.82 ) 104.58
3.1.1 31 2553 19,273.62 31 2552 (19,196.41 ) 77.21 (1) 1,862.78
(2) 137.15 130.64 (3) 1,873.23 31 2553 2553 31 2552 2 - 2552 3.1.2
31 2553 50,172.78 31 2552 (50,145.41 ) 27.37 (1) 1,500.10 2553
19,273.62 19,196.41 77.21 0.40 50,172.78 50,145.41 27.37 0.05
69,446.40 69,341.82 104.58 0.15
31 .. 53 31 .. 52 () %
:
-
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95 * 16 2553 1.6
(2) 1,200.08 EDL Gen . 43.37 1.5 (3) - 2,292.00 2,682.66 (4)
512.89 849.41 3.2 31 2553 69,446.40 31 2552 (69,341.82 ) 104.58
284.44 232.45 29.59 218.43 * (111.26) 845.28 3 0.45 0.80 (0.08)
1,500.10
9,658.45 7,962.69 1,695.75 21.30 13,240.79 16,854.99 (3,614.20)
(21.44) 22,899.24 24,817.68 (1,918.44) (7.73) 46,547.16 44,524.14
2,023.02 4.54 69,446.40 69,341.82 104.58 0.15
31 .. 53 31 .. 52 () %
:
3.2.1 9,658.45 (7,962.69 ) 1,695.76 1,102.45 2553 3.2.2
13,240.79 (16,854.99 ) 3,614.20 2553 3.2.3 46,547.16 (44,524.14 )
2,023.02
-
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(1) 2553 5,220.41 (2) 6 2552 1.15 1,667.50 29 2553 12 2553 (3) 6
2553 1.10 1,595.00 26 2553 20 2553 46,547.16 14,500 1,531.78 1,450
29,000.27 46.23 4.
1) () 2.00 2.41 2) (%) 11.80 17.90 3) (%) 11.46 15.77 4) (%)
7.52 9.70 5)
(EBITDA) () 9,920.91 11,285.96 6) EBITDA (%) 14.30 16.24 7) ()
0.49 0.56 8)
(DSCR) () 2.48 2.55 9) () 32.10 30.71
10) () 3.60 4.65
2553 2552
5. 31 2553 11,289.25 31 2552 (3,774.09 ) 7,515.16
9,323.77 8,990.62 333.15 () 4,914.51 (2,585.06) 7,499.57
(6,757.96) (7,282.76) 524.80 () 7,480.32 (877.20) 8,357.52 3,774.09
4,651.29 (877.20) 34.84 - 34.84 11,289.25 3,774.09 7,515.16
2553 2552 ()
:
-
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5.1 333.15 1,339.22 1,006.07 5.2 7,499.57 2553 8,049.92 1,057.10
EDL Gen 1,301.46 5.3 524.80 2553 410.33
-
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() 31 2553 2552 () () 31 2553 2552 () () ( ) 3565 14 2554
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2553 2552 2553 2552
() 6 11,289,247,631 3,774,087,823 5,806,011,135 1,418,701,607 7
2,601,383,130 8,253,769,078 2,600,000,000 8,250,000,000 5
3,341,232,206 5,214,463,001 - -
5
1,571,265 -
- -
- 1,828,941,385
- 2,714,414,446
5 155,122,839 17,968,893 151,428,769 12,682,576
5 - 360,000 1,797,092,000 360,000
5 62,500,000 62,500,000 62,500,000 62,500,000
8 1,746,232,615 1,778,136,373 - - 76,329,814 95,125,925
55,729,493 70,253,569 19,273,619,500 19,196,411,093 12,301,702,782
12,528,912,198 5 4,950,831 9,901,662 - - 5 - - 4,548,068 92,687,574
5, 9 - - 20,523,466,558 20,144,716,558 5, 10 10,993,708,654
9,493,610,385 3,138,338,420 1,914,882,194 11 54,656,049 35,105,994
54,656,049 35,105,994 7 1,669,460,833 469,383,130 368,000,000
468,000,000 5 - - 793,900,000 1,412,781,000 12 35,164,866,661
37,456,864,208 384,609,732 88,883,343 305,221,850 304,973,850
305,221,850 304,973,850 13 795,509,846 678,269,892 671,840,930
670,774,535 14 1,184,410,629 1,697,303,152 264,245,320 858,566,147
50,172,785,353 50,145,412,273 26,508,826,927 25,991,371,195
69,446,404,853 69,341,823,366 38,810,529,709 38,520,283,393
() 31 2553 2552
-
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2553 2552 2553 2552
() 5 5,916,666 202,686,743 - - 4,646,941,345 3,544,484,867 -
-
15 3,617,468,002 2,034,875,236 - - 15 - 749,912,750 - -
15 1,474,839 - - - 433,287,699 204,502,887 - - 26 10,699,118
9,170,070 10,699,118 9,170,070 5, 16 942,666,265 1,217,061,068
640,259,274 767,195,524 9,658,453,934 7,962,693,621 650,958,392
776,365,594 15 13,237,526,583 16,854,994,585 - - 15 3,259,557 - - -
13,240,786,140 16,854,994,585 - - 22,899,240,074 24,817,688,206
650,958,392 776,365,594
17
14,500,000,000 14,500,000,000 14,500,000,000 14,500,000,000
14,500,000,000 14,500,000,000 14,500,000,000 14,500,000,000
18 1,531,778,000 1,531,778,000 1,531,778,000 1,531,778,000
18,887,917 - - -
18 1,450,000,000 1,450,000,000 1,450,000,000 1,450,000,000
29,000,270,397 27,042,357,160 20,677,793,317 20,262,139,799
46,500,936,314 44,524,135,160 38,159,571,317 37,743,917,799
46,228,465 - - - 46,547,164,779 44,524,135,160 38,159,571,317
37,743,917,799 69,446,404,853 69,341,823,366 38,810,529,709
38,520,283,393
() 31 2553 2552
-
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101
2553 2552 2553 2552
() 5, 24 42,181,120,884 35,350,586,985 - - 5 (36,183,097,647)
(28,530,838,239) - - 5,998,023,237 6,819,748,746 - - 5 258,664,050
139,672,156 271,380,910 147,349,859 5, 9, 10 - - 3,684,473,009
5,921,487,270 5 232,376,839 258,450,214 216,010,123 250,394,958 5
133,460,074 184,411,803 60,598,361 35,531,921 6,622,524,200
7,402,282,919 4,232,462,403 6,354,764,008 20, 21 (788,329,155)
(581,081,660) (474,885,112) (320,556,189) 21 (112,419,767)
(110,270,309) (77,075,720) (76,782,009) (900,748,922) (691,351,969)
(551,960,832) (397,338,198) ()
10
1,443,132,513
1,720,707,696
-
-
7,164,907,791 8,431,638,646 3,680,501,571 5,957,425,810
(677,333,809) (861,105,567) - - 6,487,573,982 7,570,533,079
3,680,501,571 5,957,425,810 23 (1,271,907,210) (830,936,727)
(2,348,053) (12,589,191) 5,215,666,772 6,739,596,352 3,678,153,518
5,944,836,619 ()
5,220,413,237 6,739,596,352 3,678,153,518 5,944,836,619
(4,746,465) - - -
5,215,666,772 6,739,596,352 3,678,153,518 5,944,836,619 25 3.60
4.65 2.54 4.10
() 31 2553 2552
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2553 2552 2553 2552 () 5,215,666,772 6,739,596,352 3,678,153,518
5,944,836,619 2,722,816,483 2,795,920,864 26,330,468 15,461,277
(232,376,839) (258,450,214) (216,010,123) (250,394,958) 677,333,809
861,105,567 - - 28,437,226 59,634,809 - - () 18,239,038
(30,399,173) 21,798,036 (29,746,400) - - (3,684,473,009)
(5,921,487,270) 28,353,765 22,524,413 - - (1,925,844) (4,922,581)
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8,289,174,359 9,295,239,068 (172,946,851) (232,157,429)
1,877,230,626 1,420,058,917 - - (134,537,485) 13,742,728
(133,146,329) (879,072) (24,887,234) 92,770,979 - - (257,184,145)
(351,655,224) (249,089,952) (300,895,178) (196,770,077) 202,686,743
- - 1,102,456,478 (918,263,504) - - (282,478,691) 13,569,606
(117,356,108) 26,244,062 (1,049,231,039) (777,524,760) (7,278,839)
(20,633,227) () 9,323,772,792 8,990,624,553 (679,818,079)
(528,320,844)
() 31 2553 2552
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> J m R J X Z > j ST J Z_ 2 5 5 3
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2553 2552 2553 2552 () 241,387,408 317,188,894 311,028,144
267,825,126 1,057,098,900 351,720,895 4,569,946,070 5,125,756,579
(383,210,977) (139,970,696) (331,219,299) (77,795,788) 3,933,355
11,326,577 2,703,411 7,140,561 (3,124,701) (4,920,149) (2,667,008)
(6,285,700) (48,000) (459,450) (48,000) (459,450) - - - 58,000,000
() 5,751,100,000 (2,298,815,189) 5,750,000,000 (3,350,000,000) -
(158,000,000) - (158,000,000) (1,301,460,834) - - - 2,467,240
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618,881,000 - (60,750,000) - (378,750,000) (142,914,000)
(373,695,705) (639,875,694) (373,695,705) (585,375,694)
(19,550,055) (35,105,994) (19,550,055) (35,105,994) ()
4,914,506,631 (2,585,065,866) 8,328,098,558 1,102,425,640
(677,386,473) (861,320,936) - - 3,500,000 - - - (3,260,970,951)
(3,189,128,242) (3,260,970,951) (3,189,128,242) 5,380,000,000
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(750,000,000) (1,500,000,000) - - (6,757,962,863)
(7,282,755,978) (3,260,970,951) (3,189,128,242)
() 31 2553 2552
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3,774,087,823 5,806,011,135 1,418,701,607 849,760,522 - 849,760,522
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