August 20, 2014 2Q 2014 Analyst Presentation This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply) could differ materially due to changes in…
Business Strategies 2
2Q14 Industry and Business Environment Refining and Aromatics businesses remain challenging Thailand GDP grew approximately 0.4% year-on-year National Council of Peace and Order (NCPO) considering energy reforms Industry Gross…
Operating Performance Crude Intake by source Refinery Production 17% 14% 32% 30% West African 34% Light 50% Far East Middle Middle East 55% 56% Heavy 49% 36% 13% 14% FY2013 YTD2Q14 FY2013 YTD2Q14 Sales Channel…
Operating Performance Px Spread (/Ton) Px Production (K Ton / quarter) Lowest industry Px-UGP / Px-MX spreads since 2008 due to PX capacity over-supply in the region Production level lower from planned shutdown of Aromatics plant…
Refinery Investment Plans Implementing several energy efficiency and margin improvement projects Investing approximately 14M across 2H14 and 1H15 Improving Energy Intensity Index (EII) by approximately 1.5% Improving capacity…
2014 Marketing Business Plan Service Station offering Premium ADO Service Station offering E20 New Service Station Expanding premium products offering Ahead of plan for both Premium ADO and E20 offerings Progressing expansion…
Comprehensive Income Sales Revenue Interest Expenses EBITDA Net Profit 9
Financial Position and Cash Flows Balance Sheet Indicators Increase in current assets driven by higher Source of Funds account receivables and inventory value Use of Funds D/E 1.7 D/E 1.7 Total Liabilities increased due to higher…
Summary Maintain focus on operational excellence Execute energy efficiency and margin enhancement projects Expand Retail network and premium products Leverage strong financial rating with support from parent 11
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