EGCO Group Sustainability and Portfolio
NATURAL HEDGING POLICY
YEARS
35EGCO
GROUP
EGCO's Natural Hedging Policy
78% of EGCO's outstanding loans is denominated foreign currencies which
are matched with revenue from power plants received as dividend, also known
as "Natural Hedge" Strategy
EGCO continues the Natural Hedge policy because the FX Gain/loss
incurred is unrealized which only affects to accounting
•
•
All investments and gains are managed in the domestic currency
thus EGCO does only experiences unrealized FX Gain/Loss
Gains in domestic currencies are used to seek for new projects for
investments
EGCO & Subsidiaries Outstanding Loan (EGCO Portion)
Unit: Million Baht
+5.6%
114,795
108,674
21%
THB
23%
3%
AUD
4%
11%
13% EUR
Example:
Interest & Payment
Payment
62%
62%
USD
31-Mar-22
30-Jun-22
Bank
Loan
Company
Sales
Customers
USD
USD
Business Operating
Country
Loan
31 Mar 22
30 June 22
Currency
No gain/loss from foreign exchange
United States
Europe
USD
2,035.93
2,029.83
EUR
318.21
407.80
THB
F/S
UNREALISED gain/loss from foreign exchange
Moving Forward, the Company has plans to adjust the EGCO
group debt structure as masterplan
Note: FX as of Mar 22 (USD = THB 33.46, EUR = THB 37.55, AUD = THB 25.36)
FX as of Jun 22 (USD = THB 35.46, EUR = THB 37.24, AUD = THB 24.71)
155.63
24,627.03
Australia
AUD
161.85
Thailand
THB
25,373.60
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