218
Annual Report
2013
1.1.13 Management Agreement with
Ratchaburi Power Co., Ltd.
In 2013, service income is Baht
75.42 million
As at 31 Dec 2013, unearned
revenue is Baht 13.08 million
Ratchburi Power
Co., Ltd.
(agreement signed
on 27 Feb 2004)
Chubu Ratchaburi
Electric Services
Co., Ltd. (agreement
signed on 1 Jan
2006)
SouthEast Asia
Energy Ltd.
(agreement signed
on 10 Apr 2006)
Hongsa Power
Co., Ltd.
The Company provides media
relations and technical consult
on power plant construction,
operations and maintenance.
The Company receives service
fee from the First commercial
operation date of the first unit
(1 Mar 2008). Agreement term is
25 years and 3 months.
Chubu Ratchaburi Electric
Services Co., Ltd. requested for
the service and the Company
has experts in this area. Service
charge is based on market rate.
SouthEast Asia Energy Ltd.
requested for the Company
to provide the service as the
Company has experts in this area.
Service is charged at market rate.
Hongsa Power Co., Ltd. requested
the Company to provide the
service as the Company has
experts in this area. Service
charge is based on market rate.
1.1.14 Providing secondment service by
assigning 2 executives to take
position as the Managing Director
and Administration and Finance
Manager at Chubu Ratchaburi
Electric Services Co., Ltd.
In 2013, service income is Baht
9.93 million
As at 31 Dec 2013, other account
receivables – accrued service is
Baht 0.89 million
1.1.15 Providing service by secondment
exployees to work in finance
departments in SouthEast Asia
Energy Ltd.
In 2013, service income is Baht
2.31 million
As at 31 Dec 2013 other account
receivables – accrued service is
Baht 0.21 million
1.1.16 Providing technical, financial,
accounting and legal services
In 2013, service income is Baht
16.32 million
As at 31 Dec 2013, other account
receivables – accrued service is
Baht 4.30 million
75.42
9.93
2.31
16.32
Connected Transactions
Related Parties
Value
(Million baht)
Necessities
and Reasons