Accrued overburden and coal 1,192,063
1,542,206 203,041
transportation cost Accrued interest expense
149,104 96,590
93,123 Accrued royalty expense
868,225 692,202
396,282 Accrued income tax expense
1,663,384 1,039,261
165,825 Other current liabilities
16 1,899,319
1,004,653 492,110
Total Current Liabilities 9,216,792
6,756,883 4,423,532
Long-term loans from related parties 4,5
_ _
_ Long-term loans, net
12 1,243,125
1,426,102 920,155
Debentures, net 18
12,315,821 2,830,333
6,148,011 Other Liabilities
426,311 359,414
95,289
Total Non-Current Liabilities 13,985,257
9,665,854 7,213,955
23,202,049 16,422,737
11,637,487
Description 2005
2004 2003
THB Thousand THB Thousand
THB Thousand
SHAREHOLDERS EQUITY
Share capital Registered share capital
354.050.429 ordinary shares of THB 10 each
3,540,505 3,540,505
3,540,505
Issued and paid-up share capital 19
2,212,429 2,212,429
2,202,248 Premium on share capital
19 5,058,329
5,058,329 5,020,266
Fair value reserve: available-for-sale 25
6,914,095 10,543,668
12,092,928 securities
Adjustment from foreign exchange 454,302
436,250 330,950
translation Retained Earnings
Appropriated Legal reserve
26 399,642
390,613 390,448
Unappropriated 2,026,895
4,663,383 2,309,336
Total parents shareholders equity 21,662,133
22,932,222 22,232,499
Minority Interest 224,210
128,411 112,989
21,886,343 23,115,633
22,355,488 45,088,392
39,538,370 33,992,975
Non-Current
Liabilities
Total
Liabilities
Total
Shareholders Equity
Total
Liabilities AND
Total
Shareholders Equity
Lampiran.3 ANALISIS VERTIKAL INCOME STATEMENT PT.XYZ
PT . XYZ
For the year ended 31 December 2005 , 2004 , 2003 Description
2005 2004
THB Thousand THB Thousand
THB Thousand THB Thousand
Sales 25,208,684
100.00 12,226,625
100.00 Cost of sales
13,933,288 -55.22
10,525,024 -61.10
Gross profit 11,275,396
44.73 6,701,651
38.90
Selling and administrative expense 3,331,844
-13.22 2,222,593
-12.93 Royalty fee
2,546,258 -10.10
1,699,642 -9.82
Profit from sales 5,396,794
21.41 2,774,416
16.11
Other income Gain on disposal of investment
2,405,885 9.54
2,303,828 13.32
in available-for-sales securities Gain on disposal of other investment
128,002 0.21
_ _
Gain on disposal of investment in related 135,030
0.54 141,216
0.82 parties
Net gain on disposal of property, plant and _
_ 15,556
0.09 equipment
Net gain on disposal of investment in land _
_ _
_ Unrealised gain on held-for-trading securities
_ _
_ _
Dividend income 214,625
2.83 421,049
2.23 Interest income
159,301 0.63
51,285 0.30
Others 53,366
0.21 125,234
1.02 Other expenses
Write-off projects under development 13
22,520 -0.31
266,296 -1.55
Write-off land compensation _
_ 143,529
-0.83 Net loss on disposal of property, plant and
4,366 -0.02
_ _
equipment Directors remuneration
24 26,620
0.11 20,130
-0.12 Net loss on exchange rate
116,964 -0.46
6,146 -0.04
Operating profit
20
8,817,538 34.98
5,497,533 31.91
Share of profit of subsidiaries 4.4
_ _
_ _
Share of loss of joint ventures and associates 4.4
119,349 -0.42
28,294 -0.16
Profit before interest and income tax 8,698,189
34.50 5,469,239
31.75
Debentures premium redemption _
_ _
_ Interest expenses
509,314 -2.02
411,880 -2.39
Financial expenses 220,329
-0.82 140,832
-0.82 Income taxes
2,212,481 -8.80
1,204,148 -6.99
Profit before minorities 5,251,015
22.81 3,212,329
21.55 186,164
-0.24 62,440
-0.39
Net profit for the year 5,564,851
22.08 3,644,939
21.16 Basic earnings per share THB
21 20,48
13,42
Income Statement
Less Profit attributable to minorities
Diluted earnings per share THB
21 20,48
13,42
2003
THB Thousand THB Thousand
12,482,256 100.00
8,828,320 -21.13
3,603,886 28.87
1,852,656 -14.88
1,252,465 -10.03
493,765 3.96
1,032,101 8.31
_ _
108,661 0.82
22,688 0.18
106,055 0.85
308,844 2.42
512,432 4.11
28,244 0.23
92,565 0.28
_ _
_ _
_ _
14,280 -0.12
220,192 -2.16
2,430,883 19.47
_ _
523,561 4.60
3,004,444 24.07
152,252 -1.22
429,649 -3.84
145,422 -1.12
123,859 -0.99
2,103,252 16.85
56,921 -0.46
2,046,336 16.39
2,25
2,25
Lampiran.4 ANALISIS VERTIKAL BALANCE SHEET PT.XYZ
PT . XYZ
For the year ended 31 December 2005 , 2004 , 2003 Description
2005 2004
THB Thousand THB Thousand
ASSETS
Cash and cash equivalents
5
9,130,256 20.25
6,021,318 Investment in held-for-trading securities
_ _
_ Trade accounts receivable, net
6 2,400,368
5.32 2,005,560
Amounts due from related parties 4,2
52,338 0.12
26,996 Advances to related parties
4,3 21
0.00005 2,923
Current portion of long-term loans to 4,3
_ _
_ related parties
Current portion of long-term to other company _
_ _
Inventories, net 2
1,660,633 3.68
266,096 Spare parts and machinery supplies
402,621 0.90
126,925 Others current assets
8 1,562,583
3.42 1,096,216
Total Current Assets 15,214,320
33.74 10,096,084
Loans to employees 22,592
0.05 22,801
Long-term loans to related parties 4,3
336,226 0.25
342,548 Long-term loans and advanced
15,142 0.03
20,428 to other companies
Investment in subsidiaries and 4,4
2,123,964 4.82
532,442 associaties
Other investment, net 9
10,821,862 24.11
15,035,813 Property, plant and equipment, net
10 10,202,686
23.24 8,124,143
Other non-current assets Deffered overburden expenses, net
11 1,652,928
3.62 1,432,001
Mining property rights, net 12
1,962,201 4.35
1,881,125 Investment in land, net
_ _
36,123 Machinery and sparepart pending for disposal
_ _
249,588 Project under development
13 1,052,402
2.33 1,019,142
Other non-current assets 14
1,083,004 2.40
1,021,838
Total Non-Current Asset 29,874,072
66.26 29,442,286
45,088,392 100.00
39,538,370
Balance Sheets
Current
Assets
Non-Current
Assets
Total
Assets
LIABILITIES
Bank overdrafts and loans from 15
1,312,360 2.91
595,314 banks and financial institutions
Trade account payable 436,551
0.92 620,394
Advances from related parties 4,5
_ _
_ Current portion of long-term loans
12 1,191,610
2.64 846,341
Current portions of debentures 18
504,126 1.12
319,412 Other current liabilities
Accrued overburden and coal 1,192,063
2.64 1,542,206
transportation cost Accrued interest expense
149,104 0.33
96,590 Accrued royalty expense
868,225 1.93
692,202 Accrued income tax expense
1,663,384 3.69
1,039,261 Other current liabilities
16 1,899,319
4.21 1,004,653
Total Current Liabilities 9,216,792
20.44 6,756,883
Long-term loans from related parties 4,5
_ _
_ Long-term loans, net
12 1,243,125
2.26 1,426,102
Debentures, net 18
12,315,821 22.31
2,830,333 Other Liabilities
426,311 0.95
359,414
Total Non-Current Liabilities 13,985,257
31.02 9,665,854
23,202,049 51.46
16,422,737
Description 2005
2004
THB Thousand THB Thousand
THB Thousand THB Thousand
SHAREHOLDERS EQUITY
Share capital Registered share capital
354.050.429 ordinary shares of THB 10 each
3,540,505 2.85
3,540,505 Issued and paid-up share capital
19 2,212,429
6.03 2,212,429
Premium on share capital 19
5,058,329 11.22
5,058,329 Fair value reserve: available-for-sale
25 6,914,095
15.33 10,543,668
securities Adjustment from foreign exchange
454,302 -1.01
436,250 translation
Retained Earnings Appropriated
Legal reserve 26
399,642 0.89
390,613 Unappropriated
2,026,895 15.58
4,663,383 Total parents shareholders equity
21,662,133 48.04
22,932,222
Current
Liabilities
Non-Current
Liabilities
Total
Liabilities
