Page 133 - PEA_AnnualReport_2016

6. Related party transactions

Signifcant related party transactions are as follows :
6.1 Assets and liabilities, as at ecember 31, 2016 and 2015, signifcant related party transactions are
as follows :
(Unit : Million Baht)

Consolidated Separate
financial statements financial statements
Item/Company’s name Relationship
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2016 2015 2016 2015
Investments in associates
Solar Power (Surin 1) Co., Ltd. Subsidiary’s associate 70.04 63.02 - -
Solar Power (Surin 2) Co., Ltd. Subsidiary’s associate 66.03 58.57 - -
Solar ower ( honkaen 10) Co., td. Subsidiary’s associate 67.11 59.45 - -
Solar Power (Loei 2) Co., Ltd. Subsidiary’s associate 68.86 60.67 - -
Investments in subsidiary

PEA Encom International Co., Ltd. Subsidiary - - 557.28 473.28
Prepaid expenses
PEA Encom International Co., Ltd. Subsidiary - - - 84.00
Accounts payable
EGAT Related party 26,780.07 31,115.25 26,780.07 30,115.25

Other payable
PEA Encom International Co., Ltd. Subsidiary - - 0.09 0.01

6.2 Revenues and expenses, related party transaction for the years ended December 31, 2016 and

2015, are as follows :
(Unit : Million Baht)
Consolidated Separate
financial statements financial statements
Item/Company’s name Relationship
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2016 2015 2016 2015
Other operating revenues
PEA Encom International Co., Ltd. Subsidiary - - 0.73 0.93
Cost of electricity

EGAT Related Party 345,347.64 366,067.43 345,347.64 366,067.43
Solar Power (Surin 1) Co., Ltd. Subsidiary’s associate 128.05 136.80 - -
Solar Power (Surin 2) Co., Ltd. Subsidiary’s associate 128.93 137.53 - -
Solar ower ( honkaen 10) Co., td. Subsidiary’s associate 122.19 125.97 - -
Solar Power (Loei 2) Co., Ltd. Subsidiary’s associate 118.23 122.21 - -
Employee expenses
PEA Encom International Co., Ltd. Subsidiary - - 0.18 0.33

Maintenance Cost
PEA Encom International Co., Ltd. Subsidiary - - 0.96 0.16

SMART PEA 133
Annual Report 2016 Provincial Electricity Authority