Ratchaburi Electricity Generating Holding PCL.
191
Ratchaburi Electricity Generating Holding Public Company Limited and its subsidiaries
Notes to the financial statements
70
Consolidated
financial statements
Separate
financial statements
2013
2012
2013
2012
Non-current
Long-term loans from related party (Note 5)
1,186,297
1,358,280
-
-
Long-term loans from financial
institutions - secured
1,200,000
12,595,236 1,200,000 1,200,000
Less
deferred financing fees after one year
(45,616) (48,643)
-
-
1,154,384
12,546,593 1,200,000 1,200,000
Debentures - secured
5,397,338
11,012,698
-
-
Less
deferred financing fees after one year
(12,571) (39,787)
-
-
5,384,767
10,972,911
-
-
Financial lease liability
3,554
943
-
-
Total non-current
interest-bearing liabilities
7,729,002
24,878,727 1,200,000 1,200,000
The periods to maturity of interest-bearing liabilities, excluding finance lease liability, as at 31
December were as follows:
Consolidated
financial statements
Separate
financial statements
2013
2012
2013
2012
(in thousand Baht)
Within one year
14,734,222 6,922,840
-
-
After one year but within five years
1,875,718 18,227,934 1,200,000 1,200,000
More than five years
5,849,730 6,649,850
-
-
Total
22,459,670 31,800,624 1,200,000 1,200,000
As at 31 December 2013, Ratchaburi Electricity Generating Company Limited, a subsidiary, had
outstanding short-term loans from a financial institution amounting to Baht 1,500 million which bear
interests at the rate of 2.65% and 2.57% per annum and will be repayable in April 2014.
As at 31 December 2013, the Ratchaburi Electricity Generating Company Limited, a subsidiary, issued
bills of exchange totaling Baht 1,550 million to various financial institutions which bear interest rate
ranging from 2.78%-3.00% per annum and will be repayable within 182 days. Moreover, the company
is able to issue the unsecured short-term bills of exchange up to a value of Baht 5,000 million within
one year from 23 August 2013 to 22 August 2014.
On 23 May 2013, RH International (Singapore) Corporation Pte. Ltd., an indirect subsidiary, entered
into a short-term facility loan with the Singapore financial institutions amounting to Singapore Dollars
260 million or equivalent to Baht 6,724.22 million which bear interest by reference to Singapore
Interbank Offered Rate (SIBOR) plus fixed margin per annum. On 20 November 2013, such indirect
subsidiary has amended the loan agreement by extension of the period of 6 months of repayment and
its interest which will be due on 20 May 2014.
Notes to the financial statements
Ratchaburi Electricity Generating Holding Public Company Limited and its subsidiaries
