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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