Page 129 - PEA_AnnualReport_2016

5.28 Operating results
Operating results for the years ended December 31, 2016 and 2015, are as follows :

(Unit : Million Baht)

Consolidated financial statements
Dec. 31, Dec. 31, Increase Percentage
2016 2015 (Decrease)
Operating revenues 454,647.09 463,724.38 (9,077.29) (1.96)
Operating expenses 427,644.05 441,164.87 (13,520.82) (3.06)

Operating income 27,003.04 22,559.51 4,443.53 19.70
Other revenues 2,148.16 2,103.92 44.24 2.10
Other expenses 176.68 282.12 (105.44) (37.37)

Financial costs 3,087.74 3,313.46 (225.72) (6.81)
Share of profts of associates 69.61 66.58 3.03 4.55
rofit or t ar 25,956.39 21,134.43 4,821.96 22.82

or the year ended ecember 31, 2016, rovincial lectricity uthority and its subsidiary have proft of
Baht 25,956.39 million which increases from the same period of prior year by Baht 4,821.96 million and by 22.82%
from the year 2015. The increase is attributable to increase in operating income by Baht 4,443.53 million, increase
in other revenues by Baht 44.24 million, decrease in other expenses by Baht 105.44 million and decrease in
fnancial costs by aht 225. 2 million, and increase in share of profts of associates by aht 3.03 million.

(Unit : Million Baht)

Separate financial statements

Dec. 31, Dec. 31, Increase Percentage
2016 2015 (Decrease)
Operating revenues 454,593.99 463,707.69 (9,113.70) (1.97)

Operating expenses 427,584.44 441,139.07 (13,554.63) (3.07)
Operating income 27,009.55 22,568.62 4,440.93 19.68
Other revenues 2,142.56 2,099.11 43.45 2.07
Other expenses 176.68 282.12 (105.44) (37.37)

Financial costs 3,087.61 3,313.29 (225.68) (6.81)
rofit or t ar 25,887.82 21,072.32 4,815.50 22.85

SMART PEA 129
Annual Report 2016 Provincial Electricity Authority