Opportunity Day TRC Corporate Presentationtrc-con.co.th/file_upload/ir/2016/06/Opportunity-1-June-2016.pdf · TRC Corporate Presentation The 1st Qtr 2016 Operating Performance 1 June

Opportunity DayTRC Corporate Presentation

The 1st Qtr 2016 Operating Performance1 June 2016

1

Key Financial Highlights 38

Capital Increase & Debenture Issuance 35

Future Developments 25

Ongoing Projects 13

Company Overview 3

Content

2

Vision*

3

An excellent contractor in design, construction of a total solution in energy and infrastructure industries with sustainable growth

To Become

Vision

(มุ่งสู่ความเป็นเลิศดา้นการออกแบบ และก่อสร้างที่ครบวงจร ในอุตสาหกรรมพลงังานและโครงสร้างสาธารณูปโภค ที่มีการเติบโตอยา่งย ัง่ยนื)

*Approved by the 6/2014 Board of Directors Meeting held on 11 November 2014

To operate

The construction business as an EPC contractor (Engineering, Procurement and Construction) for natural gas and crude oil pipeline projects, petrochemical plants and basic infrastructure

To run

The business under the corporate governance principle focusing on safety, environment, society and community for stable and sustainable growth

To deliver

The works with quality with recognition of safety within defined timeframe for customers’ highest satisfaction

To develop

An investment in energy and petrochemical businesses

Mission*

4

(ดาํเนินธุรกิจรับเหมาก่อสร้าง ที่

ใหบ้ริการครบวงจรในลกัษณะ

EPC ในงานก่อสร้างท่อก๊าซ

ธรรมชาติ ท่อส่งนํ้ามนั และ

อุตสาหกรรมปิโตรเคมี ตลอดจน

ดา้นสาธารณูปโภคขั้นพื้นฐาน)

(ดาํเนินงานภายใตห้ลกัธรรมา-

ภิบาล มุ่งเนน้มาตรฐานความ

ปลอดภยั ใส่ใจสิ่งแวดลอ้ม สงัคม

และชุมชน เพื่อการเจริญเติบโต

อยา่งย ัง่ยนื และมัน่คง)

(ส่งมอบงานที่มีคุณภาพโดย

คาํนึงถึงความปลอดภยั ภายใน

ระยะเวลาที่กาํหนด เพื่อสร้าง

ความพึงพอใจสูงสุดแก่ลูกคา้)

(พฒันาการลงทุนในธุรกิจ

พลงังานและ ปิโตรเคมี)


To meet the target of yearly operating result of 20% increase with a total services income of Baht 10,000 million (consolidated financial statements)

To continually develop the investment project at least 4 projects

To acquire the National Total Quality Control (TQC) Award

Target*

(ตั้งเป้ายอดขายเติบโต 20%

ทุกๆ ปี มียอดขายรวม 10,000

ลา้นบาท ภายในปี 2562

(งบการเงินรวม))

5

(พฒันาโครงการลงทุนในธุรกิจ

ต่อเนื่องไม่ตํ่ากวา่ 4 โครงการ

ภายในปี 2562)

(ไดร้ับรางวลัมาตรฐาน TQC

แห่งชาติ (Total Quality Class)

ภายในปี 2562)


TRC Group Structure

6

TRC Construction Public Company Limited(Thailand)

Paid-up Capital 641.74 MB

30%

70%

Sinopec-TRC Joint Venture

(Thailand)

Sinopec International Petroleum Service

Corporation(China)

99.99%

Sahakarn Wisavakorn Co., Ltd. (Thailand)

Paid-up Capital 500 MB

Hydrotek-SahakarnJoint Venture

(Thailand)

49%

2.79%

100%

100%

22.60%

19.81%TRC Investment Limited(Mauritius)

TRC International Limited(Hong Kong)

ASEAN Potash ChaiyaphumPublic Company Limited

(Thailand)Paid-up Capital 2,688 MB

*Early of June 2016, APOT is going to register the change of shareholder list for 975,000 shares to TRC Investment Limited.

23.43%*

26.22%*

Key Corporate Milestone

• Bidding with many competitors and lower margin

2005

Contractor

2006

EPC Contractor• Providing Engineering, Procurement

& Construction services with fewer competitors and higher margin

2010

Project Developer • Utilizing EPC experiences and become the

“ONE STOP SERVICE” for our clients• TRC is equipped capability of EPC and

undertake Large Scale Projects

2013 onwards

Investor • For sustainable

growth

2005• Wang Noi-Kaeng Khoi Cross Country Gas Pipeline• Listed on the MAI

2009

• EPC for Flowline in

Sultanate of Oman

• Consortium with

Siemens for OCS#1

Oman Project

Revamp OCS#1

2010• Gulf’s 7SPP and IPP Gas Pipeline2011• Ubon-Bio Ethanol2012• GUT Gas Pipeline

Gulf JP Pipeline

Ubon Bio-Ethanol

7

2006• Songkla Transmission Pipeline

2014• BangchakBiodiesel Plant -Phase II• New Incinerator, TTM2015• 1st Transmission Pipeline Life Extension (28” Recoating Section)• Srinakarin to Romklao Road• Investment in ASEAN Potash Chaiyaphum PLC.

2013• Moving to the SET• Navanakorn -Rangsit• Provincial Gas Transmission Pipeline to Nakhorn Ratchasrima (JV with Sinopec)

2007• Acquisition SKW by Share Swap • Investment in Ratchaploen Co., Ltd.2008• Bangchak Biodiesel Plant -Phase I

Ratchaploen Project

Pipeline Construction

for Energyand

Petrochemical Industry

Mechanical Installation and Process Plant &Construction for

Energy and Petrochemical

Industry

Project Development

and InvestmentInfrastructure Construction

Our Core Business

8

Our Quality, Health, Safety and Environmental Promises

HSE Achievement of TRC Middle East LLC

HSE Achievement of Sahakarn Wisavakorn Co., Ltd.

HSE Achievement of TRC Construction Plc.

9

Our Reputable Clients

10

Outstanding Investor Relations Awards

Outstanding Company Performance Awards

11

SET AWARDS 2015 SET market capitalization of THB 3 bln. - THB 10 bln.

รางวลัผลการดาํเนินงานดีเด่น

รางวลันกัลงทุนสมัพนัธ์ดีเด่น

Content




Ongoing Projects 13

Company Overview 3

12

Pipeline• PTT’s 1st Transmission Pipeline Life Extension (3,725 MB)• PTT’s Provincial Gas Transmission Pipeline Saraburi to Nakorn Ratchasima

(SINOPEC-TRC JV, TRC’s Work Portion:1,627 MB) • Provincial Waterworks Authority’s Construction, Improvement and Expansion of

Waterworks, Koh Samui (858 MB)

Processing Plant • Bangchak Biofuel’s 450 TPD Biodiesel Plant Phase 2 (1,215 MB)• Trans Thai-Malaysia’s New Incinerator Project (918 MB)• Thailand Tobacco Monopoly’s EPC for Dry Ice Expanded Tobacco Process,

DIET Process (849 MB)• APOT’s Phase I – Early Works of Surface Processing Plant & Facilities Project

(698 MB)

Ongoing Core Business: Significant Projects

Civil Work• BMA’s Srinakarin Romklao Road Phase 1 (1,102 MB)

• APOT’s Preparation & Refurbishment of Existing Decline (144 MB)

13

Owner: PTT Public Company Limited

Contractor: Sinopec-TRC Joint Venture

Contract Value: Baht 4,532.61 million + USD 103.40 million

TRC’s Work Value: Approximately of THB 1,627 million

Scope of Work: EPC of 28 inch diameter main transmission pipeline

for approximately of 112 km. from Saraburi toNakhon Ratchasima

EPC of 6 Block Valve Stations, Launcher & Receiving Station

Work Location: Along Highway No.2 (Mittraphab Road)

Work Period: Nov 13 - Aug 16

% of Completion as at 31 March 2016: 98.36%

Pipeline: PTT’s Provincial Gas Transmission Pipeline Saraburito Nakhon Ratchasima

Provincial Gas Transmission Pipeline Saraburi to Nakhon Ratchasima

14

1st Transmission Pipeline Life Extension Project (PLLEP) : 28” Recoat Section (RC-400)

Owner: PTT Public Company Limited

TRC’s Work Value : Baht 3,725 million

Scope of Work: Recoating the existing 28-inch diameter pipeline (Route Code 400), separate into 2 sections:- Section 1 : from KP.12+100 to AMATA City Block Valve Station (approximately 35,400 M length)

- Section 2 : from BV#3 to BV#6 (approximately 57,216 M length)Total length : 92,616 M length

Project Location : From Amphur Mabkha, Rayong Province to Bangpakong Powerplant, Chonburi Province

Work Period: Feb 15 - Oct 18


Pipeline: PTT’s 1st Transmission Pipeline Life Extension Project

15

16

Pipeline: Construction, Improvement and Expansion of Waterworks, Koh Samui

Construction, Improvement and Expansion of Waterworks, Koh Samui

Owner: Provincial Waterworks Authority

SKW’s Work Value : Baht 858 million

Scope of Work: EPC of water pipeline from Don Sak-under the sea-Koh Samui

Project Location : Surat Thani Province

Work Period: Aug 15 - Feb 17


Processing Plant: BBF’s 450 TPD Biodiesel Plant

Project Owner: Bangchak Biofuel Company Limited

TRC’s Work Value: Baht 1,215 million

Scope of Work: EPC package of new Biodiesel Plant with capacity of 450 tons/day and together with conversion unit of High Fatty Acid Oil to Biodiesel or feed stock unit at least capacity 55 tons/day using Crude Palm oil (CPO), Palm stearin (RPS) and Palm Fatty Acid Distillation (PFAD) as main raw material

Project Location: Bangpa-in District, Phra Nakhon Si Ayutthaya Province

Work Period: Dec 14 - May 16


450 TPD Biodiesel Plant

17

Processing Plant: TTM’s New Incinerator Project

New Incinerator Project

Owner: Trans Thai-Malaysia (Thailand) Limited (“TTM”)

TRC’s Work Value: Baht 519 million + USD 11.33 million(Approximately of Baht 918 million)

Scope of Work: Installation the 2 of new incinerator package for 2 separation trains of existing gas separation plant. And to bypass system to the existing incinerator in case of the new incinerator trip.

Work Location: Chana District, Songkhla Province

Work Period: Nov 14 - Jul 16


18

19

Processing Plant: Dry Ice Expanded Tobacco Process, DIET Process (M-01/2)

Project Owner: Thailand Tobacco Monopoly, Ministry of Finance

SKW’s Work Value: Baht 237.21 million and EUR 15.48 million or approximately Baht 849 million

Scope of Work : EPC package of for Dry Ice Expanded Tobacco Process

Project Location: Rojana Industrial Park, Ayutthaya Province

Work Period: Dec 15 - Oct 17

Dry Ice Expanded Tobacco Process, DIET Process (M-01/2)

20

Turnkey Delivery of APOT Project Package 2 Surface Processing and Facilities

Project Owner: ASEAN Potash Chaiyaphum Public Company Limited

TRC’s Work Value: USD 142,03 million + EUR 416.00 million + Baht 12,433.39 or approximately Baht 33,864 million

Scope of Work: Mineral Processing plant, Office Building, Power Supply and Facilities Utilities

Project Location: Bamnet Narong District, Chayiaphum Province

Work Period: Approximately of 3 years

LOA Signing Date: 10 February 2016

Tentative Contract Signing Date : Within 3rd - 4th quarter of 2016

Turnkey Delivery of APOT Project Package 2 Surface Processing and Facilities

21

Early Works of Surface Processing Plant & Facilities Project


TRC’s Work Value: EUR 10.20 million + Baht 294.94 million

Scope of Work: Engineering, Site Preparation, Suvey Work, Permanent Fencing, Road subbase and TRC Temporary Site Facilities

Project Location: Bamnet Narong District, ChayiaphumProvince

Work Period: May 16 - Mar 17

Surface Processing Plant & Facilities Project

22

Civil Work: APOT’s Preparation and Refurbishment of Existing Decline

Preparation and Refurbishment of Existing Decline


TRC’s Work Value: Baht 143.69 million

Scope of Work: EPC package of Preparation and Refurbishment of Existing Decline

Project Location: Bamnet Narong District, Chayiaphum Province

Work Period: Feb 16 - Nov 16

Contract Signing Date: 12 January 2016


Civil Work: Construction Srinakarin Romklao Road Project Phase 1

Owners:

Bangkok Metropolitan Administration Metropolitan Waterworks Metropolitan Electricity Authority TOT Public Company Limited CAT Telecom Public Company Limited

Total Work Value: Baht 1,102.30 million (Total 5 owners)

Work Period: June 15 – July 17

Scope of Work Work Value(MB)

% of Completion as at 31 March 2016

Construction the interchange of Srinakarin Road and Krungthepkreetha Construction Srinakarin Road to HuaMark Klong

827.76 21.64%

Construction of Manholes and Underground Duct banks 229.17 -

Construction Plumbing and related tasks 32.79 3.85%

Construction underground phone line 11.44 -

Construction of Manholes and Cable Underground Duct Banks and riser pipe

1.14 -

23




Ongoing Projects 13

Company Overview 3

content

24

* PTT’s major investments are in infrastructure business unit, core business of PTT, with the main investment being the natural gas transmission pipeline, investment in joint venture and its wholly owned subsidiaries of which mainly consist of investment in import Liquefied Natural Gas (LNG) capability enhancement in order to meet gas demand growth in the country.

Revised Five-year Investment Plan of PTT (Year 2016-2020)

Business 2016 2017 2018 2019 2020 Total %

Infrastructure 19,619 32,983 34,649 46,041 29,008 162,300 55

Investment in Joint Venture and its wholly owned investment

10,967 17,607 12,106 13,245 13,586 67,511 23

Natural Gas 11,121 10,850 6,619 5,698 5,282 39,570 13

Oil and International Trading 7,315 5,466 4,430 3,191 3,272 23,674 8

Head Office and Others 1,817 608 502 342 325 3,594 1

Total 50,839 67,514 58,306 68,517 51,473 296,649 100

(Unit : Million Baht)

Source : PTT’s news reported to the Stock Exchange of Thailand on 25 December 2015

Revised from 298,700 MB to 296,649 MB*

25

26

Metropolitan Rapid Transit Authority

Line StationProject Value(MB)

Progress

1 Metropolitan Rapid Transit Purple Line :MRT Purple Line Tao Poon – Rat Burana 131,003 Awaiting the Council

Minister’s approval

2Metropolitan Rapid Transit Orange Line :MRT Orange Line

Thailand Cultural Center – Min Buri 110,116 Awaiting the Council of


3 Metropolitan Rapid Transit Pink Line :

MRT Pink Line Khae Rai – Min Buri 56,690 Awaiting the Proposing

PPP* approval

4 Metropolitan Rapid Transit Yellow Line : MRT Yellow Line Lat Phrao – Samrong 54,644 Awaiting the Proposing

PPP* approval

5 Metropolitan Rapid Transit Dark RedLine : MRT Dark Red Line Bang Sue - Hua Lamphong 44,157 Awaiting the Council of


Total 396,610

Potential Project : Mega Project

*Public Private Partnerships

List of Potential Bidding Projects

Project Name

Approximate Project Value (Million Baht)

Estimated Project Period

A. Natural Gas Pipeline

Gas Transmission Pipeline 8,000 2016 – 2019

B. Processing Plant

B.1 Co2 Remover 2,000 – 3,000 2016 – 2018

B.2 Waste to Energy 2,000 2016 – 2018

B.3 Other Projects 5,000 2016 onwards

C. Infrastructure Government Projects 10,000 2016 onwards

Total 27,000 - 28,000

27

28

The 5th Gas Pipeline Network

Project Owner: PTT Public Company Limited

Project Value: Approximately of Baht 120,000 million

Scope of Work: EPC of 42 and 36 inch diameter main transmission pipeline from Rayong to Nakornpathom pass through 9 provinces with maximum transmission approximately 2,000 million cubic feet per day

Project Location: 9 provinces consisting of Rayong, Chonburi, Chachoengsao, Prachinburi, Bangkok, Pathumthani, Pra Nokorn Sri Ayudhaya, Nonthaburi and Nakornpathom

Work Period: Approximately 3-year

TRC has invested in ASEAN Potash ChaiyaphumPublic Company Limited (“APOT”) (former name wasASEAN Potash Mining Public Company Limited whodevelops the ASEAN Potash Mining Project, one ofthe cooperation projects between ASEAN members.(Thai, Indonesia, Malaysia, Brunei, Philippines andSingapore) Total project investment is approximatelyof USD 1.5 billion.

At present, APOT is during developing its project after obtaining the 25-year mining concession in February 2015. On 10 February 2016, TRC obtained Letter of Award from APOT for Turnkey Delivery of APOT Project Package 2 Surface Processing and Facilities, work value of USD 142,027,205, EUR 416,000,784 and Baht 12,433,389,522 or approximately Baht 34 billion.

During the 25-year Mining Concession, APOT shallproduce at least 20 million tons of MOP (Muriate ofPotash) or equivalent to USD 8,000 million.

Investment in ASEAN Potash Chaiyaphum Plc.

29

Investment in APOT’s shares by TRC Group

30

The 9/2015 Board of Directors’ Meeting of TRC in September 2015 approved TRC Investment Limited, a subsidiary in Mauritius, to acquire additional ordinary shares of ASEAN Potash Chaiyaphum Public Company Limited at the aggregate of not exceeding 6.3 million shares, par value at Baht 100 per share, at price of Baht 200 per share, total value of Baht 1,260 million from Thermal Trade and Investment Limited.

No. of APOT’s Shares

Early of June 2016* Fully paid-up capital

Total APOT’s Paid-up Shares 26,883,087 28,057,973

Shareholding in APOT by TRC Group:

TRC International Limited, Hong Kong 750,000 750,000

TRC Investment Limited, Mauritius 6,300,000 6,300,000

Total TRC Group 7,050,000 7,050,000(26.22%) (25.13%)

Current Status: TRC Investment acquired - 1.775 million shares in Oct 2015- 1.775 million shares in Jan 2016- 1.775 million shares in Feb 2016- 0.975 million shares early of June 2016*

Total 6.300 million shares

* The final payment for APOT’s shares of Baht 195 million was done on 27 May 2016. Early of June 2016, APOT is going to register the change of shareholder list for 975,000 shares to TRC Investment Limited.

The source of Potash around the world

31Source: KURZFASSUNGEN FESTSYMPOSIUM, 60 Jahre Kaliprojektierung aus Erfurt – 20 Jahre ERCOSPLAN

The source of Potash in Thailand

ASEAN Potash Project

32Source: Research paper of Asst. Prof. Dr. Parkorn Suwanich, Faculty of Environment and Resource Studies, Mahidol University, Bangkok (Thailand)

Supply – Demand of Potash in market world

33Source: Fertecon PotashCorp (http://www.activex.com.au/lake-chandler-potash.php)




Ongoing Projects 13

Company Overview 3

Content

34

Paid-up Capital & Reserved Registered Capital

No. of SharesMillion BahtPar

0.125 Baht/Share

Registered capital 5,810,987,543 726.37 ___1)

Paid-up capital:

Paid-up Capital as at 11 May 16 4,563,502,886 570.44

Stock dividend on 26 May 2016 (8:1) 570,436,077 71.30

Current paid-up capital after stock dividend 5,133,938,963 641.74 ___2)

Reserved registered capital 677,048,580 84.63 ___1)-2)

Consisting of:

- Shares reserved for the 9th exercise of ESOP-W2 at the end of June 2016 2,046,797 0.26

- Shares reserved for the exercise of TRC-W2 (TRC-W2 will be issued as attachment with 2,000 MB debentures)

675,000,000 84.38

- Excess shares of stock dividend 1,783 0.0002

35

Debentures Issuance by way of Private Placement

Baht 500 Million, gradual issuance

Objective: To raise fund for utilizing for working capital, investing and expanding future business and repayment of debt

Baht 2,000 Million

8 July 2015 : Baht 100 MillionInterest Rate: 4.68%Tenor: 2 Years

10 March 2016: Baht 200 millionInterest Rate: 4.40%Tenor: 2 Years

- TRC-W1 675,000,000 units can be issued together with Debentures

- Exercise ratio: 1 warrant: 1 new share- Exercise price: To be determined by the BOD

Meeting- Tenor of Debentures & Term of Warrants:

5 Years 36




Ongoing Projects 14

Company Overview 3

Content

37

Financial Highlights

* Growth from at the end of 2015

2014 2015 Q1 - 2015 Q1 - 2016 YoY

(Million Baht) Amount % Amount % Amount % Amount % (Q1 2016 vs Q1 2015)

Construction services income 3,095.34 98.98% 3,880.17 98.11% 774.06 99.20% 1,104.34 99.27% 42.67%

Cost of services 2,538.29 81.17% 3,242.39 81.98% 602.20 77.18% 935.34 84.08% 55.32%

Gross profit 557.05 17.81% 637.78 16.13% 171.86 22.03% 169.00 15.19% -1.66%

Other income

Interest income 3.92 0.13% 11.03 0.28% 2.27 0.29% 1.80 0.16% -20.70%

Other income 27.91 0.89% 63.83 1.61% 3.96 0.51% 6.36 0.57% 60.61%

SG&A and finance cost 306.82 9.81% 337.02 8.52% 83.32 10.68% 85.93 7.72% 3.13%

Doubtful debt (reversal) -0.56 -0.02% 0.13 0.00% 0.00 0.00% 0.00 0.00% 0.00%

Share of loss from investments in associate 0.00 0.00% 0.00 0.00% 0.00 0.00% 4.95 0.44% 100.00%

Earning before tax 282.62 9.04% 375.49 9.49% 94.77 12.15% 86.28 7.76% -8.96%

Tax 69.37 2.22% 74.54 1.88% 19.44 2.49% 23.03 2.07% 18.47%

Profit 213.25 6.82% 300.95 7.61% 75.33 9.65% 63.25 5.69% -16.04%

Profit attributable to non-controlling interests of

the subsidiaries 1.67 0.05% 5.01 0.13% 2.38 0.31% 2.84 0.26% 19.33%

Profit attributable to equity holders of

the Company 214.92 6.87% 305.96 7.74% 77.71 9.96% 66.09 5.94% -14.95%

Total revenues 3,127.17 3,955.03 780.29 1,112.50 42.58%

Total assets 2,630.61 4,571.87 2,619.93 5,062.26 10.73%*

Total liabilities 1,252.90 2,151.21 1,151.53 2,563.29 19.16%*

Total shareholders' equity 1,377.71 2,420.66 1,468.40 2,498.97 3.24%*

D/E (Times) 0.91 0.89 0.78 1.03

Gross Profit Margin 18.00% 16.44% 22.20% 15.30%38

Construction Services Income Break-Down

1/2016(1,099 MB)

2014(3,095 MB)

2013(2,481 MB)

2015(3,880 MB)

Pipeline79.2%

Process Plant 9.8%

Civil9.0%

OtherServices

2.0%

39

Process Plant 39.6%

Process Plant 24.3%

4,344

2,516

3,128

3,955

780

1,113

228 126 215 30678 66

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

2012 2013 2014 2015 3-M 2015 3-M 2016 2019 (F)

Total Revenue Net Profit

Total Revenue & Net Profit

(MB)

TARGET: Services Income≥ 10,000

40

3-M 2016Total Revenue Growth 43%Net Profit Decreased 15%

2015Total Revenue Growth 26%

Net Profit Growth 42%

Gross Profit & Net Profit Margin

41

10.78

15.11

18.0016.44

15.30

5.26 5.025.02 7.74

5.94

0.00

5.00

10.00

15.00

20.00

2012 2013 2014 2015 3-M 2016Gross Profit Margin Net Profit Margin

(%)

TRC and its subsidiaries Industry Group**

1.53

0.710.91 0.89 0.78

1.03

1.15-1.54 1.21-1.49

2.53 2.46 2.43 2.37

0.00

0.50

1.00

1.50

2.00

2.50

3.00

2012 2013 2014 2015 31-Mar-15 31-Mar-16

27.73

11.88

16.91 15.9919.28 14.71

17.69

13.11

12.26

10.87 9.76

0.00

5.00

10.00

15.00

20.00

25.00

30.00

2012 2013 2014 2015 1st Qtr2015

1st Qtr2016

(%)

ROE & D/E

Time(s)

Return on Equity Debt to Equity Ratio

42

* Financial Ratio of Industry Group was from the following sector: 2012-2013: PROPCON, CONMAT, PROP2014 onwards: CONS

2,970 3,347 3,487 3,786

3,046

310

599 124

2,616

2,423

135

53

698

-

1,000

2,000

3,000

4,000

5,000

6,000

7,000

2012 2013 2014 2015 31-Mar-16

TRC SKW Oman Subsidiaries

3,4154,000

3,611

TRC Group Backlog

(MB)

6,402

43

6,167698

APOT’s Early

Works5,469

+ Backlog as at 31 Mar APOT’s Early Works in May 16

Backlog as at 31 March 2016

Backlog by Scope of Work

Scope of Work No. of Projects Remaining Value (MB)

Pipeline 3 3,170

Processing Plant 3 1,218

Civil Work 3 1,081

Total 9 5,469

Pipeline 58.0%

Civil 19.8%

Petro22.3%

Backlog by CompanyCompany No. of Projects Remaining Value

(MB)

TRC 5 3,046

SKW 4 2,423

Total 9 5,469

44

Project NameType

of Works

Project Owner/Client

Work Value (MB)

Uncompleted Work Value

(MB)Project Period

1. 1st Transmission Pipeline Life Extension Project: 28” Recoating Section

E, P, C PTT Public Company

Limited

3,725.00 2,513.26 Feb 15 Oct 18

2. Provincial Gas Transmission Pipeline to Nakhon Ratchasima(Contractor: Sinopec – TRC Joint Venture) (Project value Baht 4,532.61 Million and USD 103.40 Million)

E, P, C PTT Public Company

Limited

1,626.60

(Only TRC’s Portion)

27.04 Nov 13 Aug 16

Total 2 Projects 5,351.60 2,540.30

TRC’s Backlog as at 31 March 2016

Pipeline

45

TRC’s Backlog as at 31 March 2016

Project NameType

of Works


Work Value (MB)


(MB)Project Period

1. The New Incinerator Project(Project value 519.00 MB and USD 11.33 Million)

E, P, C Trans Thai - Malaysia (Thailand) Limited

917.95 257.13 Nov 14 Jul 16

2. 450 TPD Biodiesel Project (Expansion Phase)+ Change orger

E, P, C Bangchak Biofuel Company Limited

1,215.25 111.56 Dec 14 Aug 16

Total 2 Projects 2,133.20 368.69

Processing Plant

46

Civil Work

Project NameType

of Works


Work Value (MB)


(MB)Project Period

Preparation and Refurbishment of ExistingDecline

E, P, C ASEAN Potash Chaiyaphum Public Company Limited

143.69 136.52 Jan 16 Nov 16

SKW’s Backlog as at 31 March 2016

Project Name

Typeof

Works


Work Value (MB)


(MB)Project Period

1. Construction Project, Srinakarin to Romklao

Road, Phase 1

E, P, C Bangkok Metropolitan

Administration827.76 648.63 Jun 15 Jul 17

E, P, C Metropolitan Electricity

Authority229.17 229.17 Oct 15 Jul 14

E, P, C Metropolitan

Waterworks Authority32.79 31.52 Nov 15 Jul 17

E,P,C TOT Public Company

Limited11.44 11.44 Jan 16 Jan 18

E, P, C Communication

Authority of Thailand1.14 1.14 Feb 16 Jul 17

2. Increase performance of highway no. 32 section 0401 Pho Nangdam ok + Hang Nam Sakhon between km. 114+475 - km. 115+750

E, P, C The Department of

Highways No. 12 22.84 22.84 Dec 15 Nov 16

Total 2 Projects 1,125.14 944.74

47

Civil Work

SKW’s Backlog as at 31 March 2016

Project Name

Typeof

Works


Work Value (MB)


(MB)Project Period

Construction, Improvement and Expansion of

Waterworks, Koh Samui Branch, Koh Samui District,

Surat Thani Province Phase 1, Part 2

E, P, C Provincial Waterworks

Authority 858.00 629.34 Aug-15 Feb-17

48

Pipeline

Project Name

Typeof

Works


Work Value (MB)


(MB)Project Period

Engineering Procurement and Construction for Dry Ice

Expanded Tobacco Process, DIET Process (M-01/2)

(Project value Baht 237.21 Million and Euro 15.48 Million)

E, P, C Thailand Tobacco

Monopoly, Ministry of

Finance

849.18 849.18 Dec-15 Oct-17

Processing Plant

49

Documents

Opportunity Day TRC Corporate Presentationtrc-con.co.th/file_upload/ir/2016/06/Opportunity-1-June-2016.pdf · TRC Corporate Presentation The 1st Qtr 2016 Operating Performance 1 June