Thailand Energy Market & PTTEP Business Update
Profit and Loss Statement
Total Revenues
Sales (1)
Sales Volume (BOED)
(2)
Sales Price (US$/BOE)
Gain from a bargain purchase
Others
(3)
Total Expenses
Unit: million USD
2022
2021
%YTD
Q4 22
Q3 22
%QoQ
Q421
% YoY
PTTEP
9,660
7,314
32%
2,697
2,617
3%
1,989
36%
9,270
6,731
38%
2,469
2,388
3%
1,867
32%
468,130
416,141
12%
500,456
478,323
5%
420,965
19%
53.39
43.49
23%
52.76
53.68
(2%)
46.87
13%
342
(100%)
(8)
100%
390
241
62%
228
229
(0.1%)
130
98%
7,681
6,118
26%
2,294
1,936
18%
1,671
37%
Major Expenses:
Operating expenses
Exploration expenses
G&A
DD&A
Loss on financial instruments
1,110
861
29%
321
300
7%
275
17%
72
226
(68%)
8
42
(81%)
20
(60%)
578
355
63%
293
80
>100%
125
>100%
2,363
2,202
7%
650
631
3%
420
55%
184
234
(21%)
100
100%
7
>100%
Impairment loss on assets
300
183
64%
205
95
>100%
183
12%
Income tax expenses
2,061
1,287
60%
487
468
4%
448
9%
Share of profit (loss) from associates and JV
20
15
33%
14
(17)
>100%
3
>100%
Net profit
1,999
1,211
65%
417
664
(37%)
321
30%
Profit (Loss) from normal operation
2,647
1,479
79%
723
706
2%
513
41%
Profit (Loss) from non-operating items
(648)
(268)
(>100%)
(306)
(42)
(>100%)
(192)
(59%)
Non-operating items breakdown:
Oil price hedging
(186)
(284)
35%
94
(>100%)
5
(>100%)
Note:
Tax from effect of FX
Effect from FX and others
Impairment loss
Montara mediation agreement on Class Action
Exploration assets write-off
Gain from a bargain purchase / Reversal of contingent liab.
(1) Include Oman Block 61 deemed sales revenues from tax payment by government
(2) Exclude Oman Block 61 deemed sales volume from tax payment by government
(3) Consisted of Revenue from Pipeline, Gain from FX, Forward Contract, and Gain from Oil price Hedging, Gain from reversal of Oman Block 61 Contingent Liabilities
(15)
(10)
(50%)
12
(13)
>100%
1
>100%
(89)
12
(>100%)
(53)
(28)
(89%)
(15)
(>100%)
(300)
(183)
(64%)
(205)
(95)
(>100%)
(183)
(129)
(100%)
(129)
(100%)
(12%)
(100%)
(145)
100%
71
342
(>100%)
71
100%
100%
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