RATCH Annual Report 2013 - page 215

Ratchaburi Electricity Generating Holding PCL.
215
Connected Transactions
For the year ended 31 Dec 2013
Connected Transactions
1.1 Management service agreements
1.1.1 Providing services in internal audit, legal,
secretariat to the Board of Directors,
information technology and financial
management
In 2013, service income is Baht
86.18 million
As at 31 Dec 2013, other receivables
– accrued service is Baht 2.99 million
Ratchaburi Electricity
Generating Co., Ltd.
(Agreement signed
on 2 Dec 2011)
Ratchaburi Energy
Co., Ltd.
(agreement signed
on 28 Nov 2011)
Ratchaburi Gas Co.,
Ltd. (agreement
signed on 28 Jan 2013)
RATCH- Lao
Services Co., Ltd.
(agreement signed
on 1 Dec 2009)
Ratchaburi Electricity Generating
Co., Ltd. does not have
employees with these skills
while the Company does.
Service fee is charged on
monthly basic plus other actual
expenses based on market rate.
Ratchaburi Energy Co., Ltd. does
not have employees with these
skills while the Company does.
Service fee is charged onmonthly
basis plus other actual expenses
based on the market rate.
Ratchaburi Gas Co., Ltd. Required
the Company to provide the
services in which the Company
has experience and employees
with the skills. Service fee is
charged based on market rate.
RATCH- Lao Services Co., Ltd.
requested for the Company
to provide the service as the
Company has experts in this area.
Service is charged at market rate.
1.1.2 Service on the management and
operation for PTO A Power Plant
and its expansion
In 2013, service income is Baht
16.31 million
As at 31 Dec 2013, other
receivables – accrued service is
Baht 1.38 million
1.1.3 Providing legal service, secretariat
service to the Board of Directors,
accounting and budgeting as well
asfinancialmanagementandtaxservices
In 2013, service income is Baht
0.12 million
As at 31Dec 2013, other receivables
– accrued service is Baht 0.13million
1.1.4 Providing internal audit, legal,
tax, secretariat to the Board of
Directors, information technology,
financial management and human
resource management services
In 2013, service income is Baht
4.02 million
86.18
16.31
0.12
4.02
Related Parties
Value
(Million baht)
Necessities
and Reasons
1. Ratchaburi Electricity Generating Holding Public Company Limited
1...,205,206,207,208,209,210,211,212,213,214 216,217,218,219,220,221,222,223,224,225,...292
Powered by FlippingBook