Page 112 - PEA_AnnualReport_2016
P. 112

5.7 Other current assets consist of :
                                                                                             (Unit : Million Baht)
                                                    Consolidated                        Separate
                                                financial statements              financial statements

                                           Dec. 31, 2016 Dec. 31, 2015       Dec. 31, 2016    Dec. 31, 2015
                Employee receivables                 73.04           118.35            73.01           118.35

                Other receivables                   361.57           406.55           360.95           406.25

                Prepaid expenses                     30.87             22.66           30.85           106.55
                Suspense accounts                    36.46            32.57            36.46            32.57
                Inter–account between PEA
                    and  Employee Gratuity Fund       0.03             0.03             0.03             0.03
                               Total                501.97           580.16           501.30           663.75




                      5.8 Investments in associates

                      Investments in associates in the consolidated fnancial statements represent the investments of PEA
               Encom International Company Limited, the subsidiary of Provincial Electricity Authority, which has invested in 4
               solar power plants projects since May 12, 2014, and has acquired 25  shareholding for each of the companies.

               Investments in associates are accounted using the equity method.
                       As at December 31, 2016 and 2015, investments in associates consist of :
                                                                                             (Unit : Million Baht)

                                                     Dec. 31, 2016                    Dec. 31, 2015
                        Associates
                                             Cost Method Equity Method Cost Method Equity Method

                1. Solar Power (Surin 1) Co., Ltd.    41.25            70.04           41.25            63.02
                2. Solar Power (Surin 2) Co., Ltd.    41.25            66.04           41.25            58.57

                3. Solar Power (KhonKaen 10)          41.25            67.11           41.25            59.45
                    Co., Ltd.

                4. Solar Power (Loei 2) Co., Ltd.     41.25            68.86           41.25            60.67

                                                     165.00           272.05          165.00           241.71
























     112     SMART PEA
             Annual Report 2016 Provincial Electricity Authority
   107   108   109   110   111   112   113   114   115   116   117