Page 130 - PEA_AnnualReport_2016

or the year ended ecember 31, 2016, rovincial lectricity uthority has proft of aht 25,88 .82 million
which increases from the same period of prior year by Baht 4,815.50 million and by 22.85% from the year 2015.
The increase is attributable to increase in operating income by Baht 4,440.93 million, increase in other revenues
by aht 3. 5 million, decrease in other expenses by aht 105. million and decrease in fnancial costs by aht

225.68 million.
The National Telecommunications Commission allowed Provincial Electricity Authority to operate the
third type of telecommunication business (fber optic) since arch 1, 200 . In the year 2016, rovincial lectricity
Authority has revenues from telecommunication business amounting to Baht 189.95 million which are included
in other operating revenues.

Provincial Electricity Authority has received license to operate broadcasting business for providing
assistance on broadcasting. The service includes a rental of electric pole for putting up cable line by National
Broadcasting and Telecommunications Commission beginning from December 16, 2015 to December 15, 2029.
In the year 2016, Provincial Electricity Authority has revenues on rental of electric pole for putting up cable line
from Cable TVs business amounting to Baht 19.06 million.
According to the resolution of the Energy Regulatory Commission No. ERC 5502/3289.2 dated on July
31, 2012, the committee has agreed on refunding interest from electricity usage guarantee fund in the form of

interest payment on an annual basis from Provincial Electricity Authority to customers who has paid the deposit
in cash. The amount of refund is based on annual average interest rate of rung Thai ank ublic Company
Limited’s savings account for the state enterprises to the electricity user of medium general services, of large
general services and of specifc business services. In the case of power meter has been cut out of power supply
and customers who discontinued using the electricity services during the year, this beneft would not be given. In

the year 2016, rovincial lectricity uthority has refunded the beneft to the customers amounting to aht 22.08
million and recorded as other expenses.
ccording to the resolution of the nergy egulatory Commission o. C 5502 5088 dated on une 19,
201 and o. C 5502 890 dated on ctober 1 , 201 , the committee has agreed on refunding interest from
electricity usage guarantee fund to user of residential general service and of small general service, according
to the concept of refunding interest to user of medium general service, of large general service, and of specifc

business services. The refunding will be made on every 5 years basis. The amount of refunding interest is
calculated from the period beginning from January 2015 to December 2019 and the interest will be paid within
the frst quarter of the year 2020. In the year 2016, rovincial lectricity uthority is obliged to refund interest to
the customers amounted to Baht 68.44 million and recorded as other expenses.

130 SMART PEA
Annual Report 2016 Provincial Electricity Authority