Ratchaburi Electricity Generating Holding PCL.
201
Ratchaburi Electricity Generating Holding Public Company Limited and its subsidiaries
Notes to the financial statements
80
29 Promotional privileges
By virtue of the provisions of the Industrial Investment Promotion Act of B.E. 2520, Ratchaburi
Energy Company Limited, a subsidiary, has been granted privileges by the Board of Investment for
Flared gas fuelled small power plant project. The privileges granted include:
(a) exemption from payment of import duty on machinery approved by the Board;
(b) exemption from payment of income tax for certain operations for a period of eight years from
the date on which the income is first derived from such operations (27 June 2007 for BOI
no.2222(2)/2549 and 2 December 2010 for BOI no.1091(2)/2553 and 26 January 2012 for BOI
no.1362(2)/2554) which is not exceed 100% of investment excluded cost of land and working
capital).
As promoted companies, the subsidiaries must comply with certain terms and conditions prescribed in
the promotional certificates.
30 Earnings per share
Basic earnings per share
The calculations of basic earnings per share for the years ended 31 December 2013 and 2012 were
based on the net profit for the years attributable to equity holders of the Company and the number of
ordinary shares outstanding during the years as follows:
Consolidated
financial statements
Separate
financial statements
2013
2012
2013
2012
(in thousand Baht / thousand shares)
Net profit attributable to equity holders of
the Company (basic)
6,186,850 7,726,270
4,795,559
4,765,772
Number of ordinary shares outstanding
1,450,000 1,450,000
1,450,000
1,450,000
Earnings per share (basic)
(in Baht)
4.27
5.33
3.31
3.29
31 Dividends
At the Board of Directors meeting of the Company held on 19 August 2013, the Board approved the
appropriation of interim dividend of Baht 1.10 per share, totaling Baht 1,595 million. The interim
dividend was paid to shareholders in September 2013.
At the annual general meeting of the shareholders of the Company held on 28 March 2013, the
shareholders approved the appropriation of dividend of Baht 2.27 per share, totalling Baht 3,292
million, from the net profit of 2012 after deducting the interim dividends of Baht 1.10 per share,
totalling Baht 1,595 million, paid to shareholders in September 2012 from the net profit for the six-
month period ended 30 June 2012. The balance of dividend amounted to Baht 1,697 million which was
paid to shareholders in April 2013.
At the Board of Directors meeting of the Company held on 20 August 2012, the Board approved the
appropriation of interim dividend of Baht 1.10 per share, totaling Baht 1,595 million. The interim
dividend was paid to shareholders in September 2012.
otes to the financial statements
Ratchaburi Electricity Generating Holding Public Company Limited and its subsidiaries
