162
Annual Report
2013
Ratchaburi Electricity Generating Holding Public Company Limited and its subsidiaries
Notes to the financial statements
41
Management Service Agreement
On 25 October 2012, the Company entered into the Management Service Agreement with Ratchaburi
Electricity Generating Company Limited, a subsidiary, whereby the Company will receive
management fee from such company as specified in the agreement.
Personnel Providing Service for Operation and Maintenance Agreement
On 10 September 2013, Ratch-Lao services Company Limited, a subsidiary, entered into the Personnel
Providing Service for Operation and Maintenance Agreement with EGAT. Such subsidiary will
operate for recruitment and provide personnel as condition specified in the agreement for operation
and maintenance of Hongsa Mine Mount Power in Lao PDR for the period of 40 months. The
agreement is effective from March 2014 and will be expired on June 2017, which service fee of
approximately Baht 87million.
Construction Supervision Contractor Service Agreement
On 28 November 2013, The Company entered into the Construction Supervision Contractor Service
Agreement with Xe-Pian Xe-Namnoy Power Company Limited, a jointly-controlled entity, for control
and management the construction of Xe-Pian Xe-Namnoy Power Limited located in Champassak and
Attopeu districts, Lao PDR. The Company will receive management fee amounting to U.S. Dollars
10.96 million or equivalent to Baht 328 million for the period of 64 months.
6 Cash and cash equivalents
Consolidated
financial statements
Separate
financial statements
2013
2012
2013
2012
(in thousand Baht)
Cash on hand
884 498
100
100
Cash at banks - current accounts
1,960,503 186,772
1,817
418
Cash at banks - saving accounts
675,524 5,255,311
115,054
287,298
Highly liquid short-term investments
4,800,871 2,818,000 3,040,000
800,000
Total
7,437,782 8,260,581 3,156,971 1,087,816
The currency denomination of cash and cash equivalents as at 31 December was as follows:
Consolidated
financial statements
Separate
financial statements
2013
2012
2013
2012
(in thousand Baht)
Thai Baht (THB)
4,421,111 6,927,058
3,117,038
955,584
United States Dollars (USD)
171,208
184,954
39,933
132,232
Lao Kip (LAK)
75,338
87,292
-
-
Australian Dollars (AUD)
1,594,142 1,061,277
-
-
Singapore Dollars (SGD)
1,175,983
-
-
-
Total
7,437,782 8,260,581
3,156,971
1,087,816
otes to the financial statements
Ratchaburi Electricity Generating Holding Public Company Limited and its subsidiaries
