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Mr. Patiparn Sukorndhaman ••••
Mr. YodphotWongrukmit ••••
Opportunity Day for 2008 performance • Apr 01, 2009
2
Disclaimer
The information contained herein is being furnished on a confidential basis for
discussion purposes only and only for the use of the recipient, and may be subject
to completion or amendment through the delivery of additional documentation.
Except as otherwise provided herein, this document does not constitute an offer to
sell or purchase any security or engage in any transaction. The information
contained herein has been obtained from sources that The Bangchak Petroleum
Public Company Limited (“BCP”) considers to be reliable; however, BCP makes no
representation as to, and accepts no responsibility or liability for, the accuracy or
completeness of the information contained herein. Any projections, valuations and
statistical analyses contained herein have been provided to assist the recipient in
the evaluation of the matters described herein; such projections, valuations and
analyses may be based on subjective assessments and assumptions and may
utilize one among alternative methodologies that produce differing results;
accordingly, such projections, valuations and statistical analyses are not to be
viewed as facts and should not be relied upon as an accurate representation of
future events. The recipient should make an independent evaluation and judgment
with respect to the matters contained herein.
3
Performance FY2008
Contents
Progress of Investment Projects
Other Events and Activities
What’s BCP moving on 2009?
Marketing Activities
4
Performance FYPerformance FY20082008
5
Factors effect to 2008 performance
•High middle distillate spread
•Capacity utilization increase
74.2 KBD (2008) / 66.3 KBD (2007)
• Fuel oil export market increase
133 ML/Mo (2008) / 99 ML/Mo (2007)
@ high GRM (~5.7 $/Bbl over MOPs)
•High marketing margin
•Market share increase
14.0% (2008) / 12.7% (2007)
•World oil price plunge
inventory loss & LCM
•Domestic demand drop
Favorable
Unfavorable
Singapore’s oil price movement
6(35)
(30)
(25)
(20)
(15)
(10)
(5)
-
J F M A M J J A S O N D
(10)
(5)
-
5
10
15
20
25
30
J F M A M J J A S O N D
-
20
40
60
80
100
120
140
160
J F M A M J J A S O N D
-
5
10
15
20
25
30
35
40
45
50
J F M A M J J A S O N D
USD/BblY2007
Y2008
Dubai 95/Dubai
GO/Dubai FO/Dubai
USD/Bbl USD/Bbl
USD/Bbl
AVG.FY07=68.41
AVG.FY07 =14.55
AVG.FY07=16.72
AVG.FY07 =(10.40)
AVG.FY08=93.46
AVG.FY08=9.12
AVG.FY08=25.98
AVG.FY08=(14.93)
7
Refinery : High GRM (excluded stock loss)
4Q08 4Q07 2008 2007
M.Baht $/BBL M.Baht $/BBL M.Baht $/BBL M.Baht $/BBL
Base GRM 1,608 6.36 989 4.68 6,152 6.79 3,049 3.63
GRM Hedging 136 0.54 (117) (0.55) (216) (0.25) 47 0.06
Inventory Gain/(Loss) (6,434) (25.45) 1,027 4.86 (4,138) (4.54) 1,803 2.16
Write Down (LCM) 8 0.03 - - (942) (1.03) 54 0.06
Total GRM (4,682) (18.52) 1,899 8.98 856 0.96 4,953 5.91
Other Income 12 0.05 9 0.04 43 0.05 128 0.15
Operating Expenses (449) (1.78) (401) (1.90) (1,560) (1.71) (1,313) (1.56)
EBITDA (5,119) (20.25) 1,507 7.13 (661) (0.71) 3,768 4.50
Adjusted EBITDA 1,307 5.17 480 2.27 4,419 4.87 1,911 2.28
Key factors
Crude Run (KBD) 78.3 67.5 74.2 66.3
Exchange rate (�/$) 35.11 34.04 33.53 34.68
DB ($/Bbl) 52.64 83.39 93.46 68.41
95/DB ($/Bbl) 3.84 12.66 9.12 14.55
GO/DB ($/Bbl) 17.77 19.51 25.98 16.72
FO/DB ($/Bbl) (7.60) (9.99) (14.93) (10.40)
40
50
60
70
80
90
100
2007 2008 1Q08 2Q08 3Q08 4Q08
66.3
74.2
59.6
83.6
74.378.26
0
50
100
150
2007 2008 1Q08 2Q08 3Q08 4Q08
99
133
116
145139
132
0
2
4
6
8
2007 2008 1Q08 2Q08 3Q08 4Q08
3.69
6.54
5.66
7.97
5.36
6.9
8
Refinery : Best performance ever
Crude Intake (KBD)
*
* Annual plant turnaround & PQI tie-in 45 days
GRM* ($/Bbl)
FO Export Sale (ML/Mo)
* Included hedging, without inventory impact
2008 Total GRM ($/Bbl)
+6.79
-0.25
-5.57
•wide positive spread (GO,IK)•High premium fuel oil export • Lower crude procurement cost
• 23% Hedged position (GO,IK,FO)
• Inventory loss (realized) • LCM (unrealized)
9
Volatile marketing marginSpread Gas oil ($/Bbl)
HSD
Marketing Margin (Bt./L)
Year 2008 Year 2007
Spread UNL95 ($/Bbl)
ULR91 Marketing Margin (Bt./L)
Year 2008 Year 2007Diesel Gasoline
-5
-4
-3
-2
-1
0
1
2
3
4
5
-
5
10
15
20
25
30
35
40
45
50
J F M A M J J A S O N D
-2
-1
0
1
2
3
4
5
-10
-5
0
5
10
15
20
25
30
J F M A M J J A S O N D
10
Marketing : Superior performance
4Q08 4Q07 2008 2007
M.Baht St./L M.Baht St./L M.Baht St./L M.Baht St./L
Retail Margin 1,101 197 (34) (6) 1,493 65 509 24
Industrial Margin 130 57 66 34 354 43 274 32
Total MKM 1,231 176 32 4 1,847 60 783 26
Other Income 175 25 166 22 711 23 615 20
Operating Expenses (405) (58) (407) (54) (1,367) (44) (1,189) (40)
EBITDA 1,001 143 (209) (27) 1,191 38 209 7
Sale Volume KBD ML/Mo KBD ML/Mo KBD ML/Mo KBD ML/Mo
o Retail 38.3 187 38.8 189 39.2 190 36.9 179
o Industrial 15.7 76 13.2 64 14.0 68 14.8 72
Total Sale Volume 53.9 263 52.0 254 53.2 258 51.7 250
11
Increased BCP’s market share
5.8% 5.7%
-8.5% -7.6%
-1.2%
17.8%20.5%
-1.6% -2.2%
8.4%
(10%)
(5%)0%
5%
10%
15%
20%25% 1 Q 2 Q 3 Q 4 Q F YM a r k e t B C P
12.3%
-11.0% -10.5%
8.4%
-12.7%-10.8%
(15%)
(10%)
(5%)
0%
5%
10%
15%
PTT SHELL ESSO BCP CALTEX JET
Source : DOEB Service Station
BCP’s 2008 retail growth beated market (YoY)
-1.2% Retail market Growth through service station
Domestic retail market growth compared by brand (YoY)
4Q08 4Q07 2008 2007ML/Mo Mkt Share ML/Mo Mkt Share ML/Mo Mkt Share ML/Mo Mkt Share
PTT 470.1 35.6% 470.9 33.0% 500.7 37.0% 446.0 32.6%
SHELL 197.1 14.9% 224.8 15.7% 194.7 14.4% 218.8 16.0%
ESSO 216.6 16.4% 236.8 16.6% 212.1 15.7% 237.1 17.3%
BCP 184.4 14.0% 188.6 13.2% 189.2 14.0% 174.5 12.7%
CALTEX 89.7 6.8% 127.5 8.9% 100.8 7.4% 115.5 8.4%
JET 92.7 7.0% 92.1 6.4% 81.9 6.1% 91.8 6.7%
OTHERS 69.8 5.3% 88.2 6.2% 74.3 5.5% 85.8 6.3%
TOTAL 1,320.4 1,428.9 1,353.7 1,369.5
1
3
2
4
1
2
4
3
1
3
2
4
1
3
2
4
12
Total corporate performance for 2008
* Net refinance expense 243 MB
(Unit : Million Baht)4Q08 4Q07 ���� Change% 2008 2007 ���� Change%
EBITDA (4,118) 1,298 -417.3% 530 3,977 -86.7%Refinery (5,119) 1,507 (661) 3,768Marketing 1,001 (209) 1,191 209
Depreciation & Amortization (217) (204) (840) (819)
FX-Other Gain (Loss) 19 (21) 44 (75)
Impairment Adjustment (16) (41) 15 (40)
Net Interest Expense (147) (121) (794) (462)
Pre-tax Profit (4,479) 911 -591.7% (1,045) 2,581 -140.5%
Tax 1,350 (507) 356 (890)
Net Profit (3,129) 404 -874.5% (689) 1,691 -140.7%
Inventory Gain/(Loss) (6,426) 1,027 -725.7% (5,080) 1,857 -373.6%
Adjusted EBITDA 2,275 270 741.3% 5,610 2,120 164.6%
Refinery 1,307 480 4,419 1,911
Marketing 1,001 (209) 1,191 209
*
13
Progress of Progress of Investment ProjectsInvestment Projects
14
PQI project
Investment Cost : USD 378 million
Product Quality Improvement (PQI) : Investing in “Hydrocracking Unit”and other supporting units
Capacity : 25 KBD Hydrocracking Unit
Progress :Commissioning period
F u e l O i l, 3 3 %L P G, 3 %J e t F u e l, 1 1 %UL G, 1 8 %D i e s e l, 3 5 % F u e l O i l, 9 %L P G, 5 %J e t F u e l, 9 %U L G, 2 5 %D i e s e l, 5 2 %CurrentSimple Refinery
AfterPQI Completion
15
PQI project
LPG
Mogas
IK/Jet
Diesel
Fuel OilFuel OilVDUVDU
HCUHCUHydroHydro--cracking Unitcracking Unit
Vacuum Distillation UnitVacuum Distillation Unit
HPUHPUHydrogen PlantHydrogen Plant
Vacuum Gas Oil
Mogas
Hydrogen
Diesel
33%
9%
24%17%
7%
Simplify Block flow diagram
Scheduled for the rest
April 09Performance
Test
14 May 09Inauguration
35%
11%
18%
3%
Note : ∑∑∑∑ Mogas = 25% ∑∑∑∑ Diesel = 52%
16
Co-generation plant & NG
Invested by : PTT (BOT : Build, Operate and Transfer to BCP after 25 Yrs)
Project : Co-generation Power Plant
Capacity • Electricity : 19.7 MW • Steam : 90 Ton/Hour
Progress : 76.05% (Feb’09)
Expected Completion : Jun’09
Investment Cost : Baht 105 million
Project : Natural Gas (NG)
Progress : 88% (Feb’09)
Expected Completion : Jul’09
17
Bio diesel (B100) plant
Investment Cost : Baht 1,018 million
Bio Diesel (B100) : Produce B100
Capacity : 300,000 litters per day
Progress :49.5% (Feb’09)
Construction Period : Apr08 - Jun09
18
Marketing ActivitiesMarketing Activities
������������� ������������� ������ + �����
AVG. YTD (.�.- �.�.)
������ (�!����"#/��%��) ��&�'�����#"���(%)
2551 2550 2551 2550
)"�. 642.3 601.0 +6.9% 31.3 27.8 +3.5
����* 285.4 297.6 -4.1% 13.9 13.8 +0.1
���+�� 318.9 327.0 -2.5% 15.5 15.1 +0.4
���,�� 207.0 189.8 +9.1% 10.1 8.8 +1.3
�����-��* 252.6 263.9 -4.3% 12.3 12.2 +0.1
�,-� 81.9 91.8 -10.7% 4.0 4.2 -0.3
).+"#��� 28.2 31.7 -11.1% 1.4 1.5 -0.1
�%/�0 238.0 359.0 -33.7% 11.6 16.6 -5.0
#&����#�1� 2,054.4 2,161.7 -5.0% 100.0 100.019����� : ���� ��!"#$%&&�' ��(��)&#$%&&�'
5
132
4
������������� ����2����#���# ������ + �����
AVG. YTD (.�.- �.�.)
������ (�!����"#/��%��) ��&�'�����#"���(%)
2551 2550 2551 2550
)"�. 500.7 446.0 +12.3% 37.0 32.6 +4.4
����* 194.7 218.8 -11.0% 14.4 16.0 -1.6
���+�� 212.1 237.1 -10.5% 15.7 17.3 -1.6
���,�� 189.2 174.5 +8.4% 14.0 12.7 +1.2
�����-��* 100.8 115.5 -12.7% 7.4 8.4 -1.0
�,-� 81.9 91.8 -10.7% 6.1 6.7 -0.6
).+"#��� 26.1 28.2 -7.6% 1.9 2.1 -0.2
�%/�0 48.1 57.8 -16.8% 3.6 4.2 -0.6
#&����#�1� 1,353.7 1,369.5 -1.2% 100.0 100.020����� : ���� ��!"#$%&&�' ��(��)&#$%&&�'
4
132
5
������������� ����2����#���# '�3�+�4��*
AVG. YTD (.�.- �.�.)
������ (�!����"#/��%��) ��&�'�����#"���(%)
2551 2550 2551 2550
)"�. 90.3 49.2 +83.4% 35.6 34.7 +0.8
����* 38.7 24.2 +59.8% 15.3 17.1 -1.8
���+�� 32.0 16.0 +99.2% 12.6 11.3 +1.3
���,�� 45.8 31.2 +46.6% 18.0 22.0 -4.0
�����-��* 17.5 9.3 +89.5% 6.9 6.5 +0.4
�,-� 20.2 7.6 +164.9% 8.0 5.4 +2.6
).+"#��� 5.6 2.4 +130.7% 2.2 1.7 +0.5
�%/�0 3.7 1.7 +117.7% 1.4 1.2 +0.2
#&����#�1� 253.8 141.7 +79.1% 100.0 100.021����� : ���� ��!"#$%&&�' ��(��)&#$%&&�'
2
134
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22
$:�'$!6�/5<=>' ",�')'�3/'67 (#%'@%')
20092008
/><B�/'C,��%'921.�'23�'�4�!��� 4� 5
AVG. YTD (.�.- �.�.)
������ (�!����"#/��%��) ��&�'�����#"���(%)
2551 2550 2551 2550
)"�. 60.3 8.6 +599% 35.8 23.2 +12.6
����* 28.6 17.0 +17.0
���+�� 9.6 5.7 +5.7
���,�� 63.0 28.6 +120% 37.4 76.8 -39.4
�����-��* 3.1 1.8 +1.8
�,-� 1.4 0.8 0.0 +0.8
).+"#��� 0.3 0.2 +0.2
�%/�0 2.2 1.3 +1.3
#&����#�1� 168.5 37.2 +352.4% 100.0 100.0
23����� : ���� ��!"#$%&&�' ��(��)&#$%&&�'
1
23
RM HIGHLIGHT 2008
20082007 2008
AVG. AVG.
���1$%�<%'���",�-'.�/#$%&&�'�<D�'
GSH POOL
ULG POOL
2%<2.)'���",�-'.�/D�E2F8G>$75#!��BHC'"�� 49% 5*I' 66.1% B>&*�!��+���",�-'.�/ MOGAS �)�
24
25
RM HIGHLIGHT 2008
20082007 2008
2%<2.)'���",�-'.�/B5 5#!��BHC'"�� 25% 5*I' 51% B>&*�!��+���",�-'.�/ <�58$ �)�
Power D B2
Power D B5
���1$%�<%'���",�-'.�/#$%&&�'�<D�'
75%
49%
25%
51%
AVG. AVG.
57% 59% 55% 51% 46% 44% 44% 46% 47% 46% 46% 44%
43% 41% 45% 49% 54% 56% 56% 54% 53% 54% 54% 56%
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
26
D1'���B/�/���",�-'.�/B>&6$�<4�&"�� *N 2552 �>&�%4F@�&��� PQI
$:�'$!6�/5<=>'
#%R'�@)��'!/�9'D4�'<7 S4�&"��T F<//��(<%4U�#$%�V+7 D$(&�'4�!���
• 2�:�&$W�@:�*�(",�1.�' GSH Club• 2�:�&@)��5]=�>�%�'D�E2F8G>$71.�' �!"�������6$�<
• 2.&52�!����B�/ Power D B5• B/�/].>&��&B�/2.& D$( 2.&>>�b*/%&*�(5�c5#=�>'4:�'
• B/�/d�'���",�-'.�/$W�@:� ���4!'b�/• -�].>&��&B/�/b*2W.$W�@:� �$ .�2�/���4!'
• B/�/���",�-'.�/'C,��%'56� C Plus 9'�$ .�$W�@:�F�&&�' > 62�-����• <,�5'!'F@�&��� CRM (BCP Privilege Club) >/.�&
6.>5'=�>&
5#!��/><���",�-'.�/"�� 256 $:�'$!6�/5<=>' 5*I' 297 $:�'$!6�/5<=>' 5#!��BHC' 16%
27
Fast Service… Fast Service… Fast Service… Fast Service…
F@�&��� Fast Service 56!�'C,��%'�%'9"9' 3 '���
B/�/"��*n"" 4%' 55 D-.& 5*I' 200 D-.& 9'*N 2552
28
)#5�&�+�#���# 6)78��9:�; )���:� �����!�#���#<
*�(5U���&)%$ �)�
5-��/o�>& 84 17 12 4 0 6 0 1 0 124
5-��/o5&!' 99 38 34 24 8 4 0 0 1 208
5-��/o�>&D<& 7 12 6 8 4 0 1 0 0 38
�)� 190 67 52 36 12 10 1 1 1 370
",�')'*np����2.&*�(�)< (D-.&) 426 158 218 112 28 37 3 3 19 1,004
@!<5*I' % ����%4��&)%$ 44.60% 42.41% 23.85% 32.14% 42.86% 27.03% 33.33% 33.33% 5.26% 36.85%
",�')'D-.&
*N 2008 23�'�4�!���'C,��%'4�&"��b<:�%4��&)%$ S*np�@ +U�# *$><U%/ '.�9]:4�!���T "������ ��!"#$%&&�' �)� 67 D-.& 8H�&b<:�%4��&)%$5-��/o�>&���5*I'>%'<%4 2
29
)78���,��=�!#�#��&� ")78��9:�; )���:� �����!�#���#"
30
4�&"�� "%<��/���2.&52�!����B�/
5�=�>56!�'C,��%'@�4 600 4�� �%4q��
$W�-/��)' b�.��5�$r< 6%C&D6. 1-28 �.#. 52
+ *np�4�&"��9'5B6 ���. D$(*�!�+s$
����!����������#���#���
31
32
BCP GASOHOL CLUB CRMBCP GASOHOL CLUB CRMBCP GASOHOL CLUB CRMBCP GASOHOL CLUB CRM
33
Other
Food
Promo
Movies
RM HIGHLIGHT 2008
/><",�-'.�/'C,��%'1.�'4%6�4�&"��D�E2F8G>$7 5w$��/6.>5<=>'@$%4*N 2008/%&@&5#!��BHC'*�(��+ 34.15%
4�&"��D�E2F8G>$7@$%4
4.30
5.30
6.30
7.30
8.30
9.30
10.30
�.�. .�. ��.�. ��.�. �.�. ��.�. .�. �.�. .�. �.�. �.�. �.�.
���������������� �!��"�� GSH CLUB +, 2007 . 2008 (���0� ; ML/MO)
*N 51 5w$��/ 7.96 ML/MO
*N 50 5w$��/ 5.94 ML/MO
33
�!"����2%�#%'�74�&"��D�E2F8G>$7@$%4
#����#�����#���#��� ���,��'�3�+�4��*���
4�&"��D�E2F8G>$7@$%4 �.)�>!��4 o �.)��.>&5���/)y
36
4%6�4�&"��D�E2F8G>$7@$%4 �.)�4�!"�@5&!'
�W$'!�!@ :�@�>&5<r� ",�')' 176,477 4�� �W$'!�!�����%�V7 ",�')' 129,384 4�� �W$'!�!D#�/7]'4� ",�')' 101,761 4�� �W$'!�!'�5&=>� ",�')' 25,898 4�� �)� �%C&2!C'5*I'5&!' 433,520 4��
�).�)78 E85
39
���,��'�3�+�4��*
Power D BPower D BPower D BPower D B5 5 5 5 Marketing ActivitiesMarketing ActivitiesMarketing ActivitiesMarketing Activities
F*256>�7B:>�W$#$%&&�'�<D�'
�� ���������������� �� B5 EURO 4
D"�D1.'#%4 #�:>�@W*>& 56!�'C,��%'q�� 30 4�� ].)& 26, 27 D$( 29 �./. ��� <.�'$�<��(4%&B�>>� <.�'�%4]:�&B�5B:� D$( &�' AUTO SHOW ��� Ayutthaya Park
Leaflet Leaflet 5#�5)>�7 <�5#�5)>�7 <� BB5 5 EURO EURO 44
Leaflet Leaflet 5#�5)>�7 <�5#�5)>�7 <� BB5 5 EURO EURO 44
��/���2.&52�!����B�/ 5#�5)>�7<� B5
44
��/���2.&52�!����B�/ 5#�5)>�7<� B5 �.)��%4 ISUZU D-MAX
45
BCP NON OIL ActivitiesBCP NON OIL ActivitiesBCP NON OIL ActivitiesBCP NON OIL Activities
28 58
2 3
1 5
13 17
51
5-'=>>!2�'
'@�-$)&
96:
�$�&
*N 50 *n"" 4%'
" B/�/2�B�5#!��BHC'"��*N �50 ",�')' 9 2�B� 5*I' 58 2�B� + *n"" 4%'"��5*��-��/2!C'*N �52 ",�')' 95 2�B�
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43
4
4
22
112
0 20 40 60 80 100 120
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5*$��/''C,��%'5@�=�>&#�:>�b2:��>&
- ��@� 5@�=�>&/'6754'8!' 449 4��
- ��@� 5@�=�>&/'67<�58$ 649 4��
- 6�)"5]r@ 11 ��/��� q��
F@�&��� 449/649 5*$��/''C,��%'5@�=�>&#�:>�b2:��>&
Check & Sure �%4 Green Serve 30 '���
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57
What’s BCP moving on What’s BCP moving on 20092009??
MNPQRSTUVWVXYUZPP[\ ][\MPSP^_R`SabcUdd\Pecf^_R`SagiMPjkidVlkmR\docgiQeVPV\d^_R`SaVlk MNP^RRpiX\dXUk dXjPplm[ \Pq`gimSkder]cipecfmUdspt]Xpl`\RaU]`\RVlkVUPmpUXecfpl^RRp\uSQ\c]rXQ_sc\`RVlkplsr\pRvsr\pm\p\Rwmvd
A Thai leading Energy Company that operates on good governance principles with keen concerns to social and environmental aspects for Thailand and beyond.
The company has proved to generate continuous profit sharing through its strong and modern management, high qualified and experienced human resources.
Greenergy Excellence
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Statement of Vision:“|UQMscjkiP^_R`SabcUdd\Pecf^_R`SagiMPjkid t]Xp_dMPP`\RocSgecf
`\Rgc\]Vlk}m}agioc`RfVQ]\PmSkder]cip ecfMNPNRftXYPgimUdsp MbjkimR\dsr\ppUkPsd MgSQtge`ids`R”
From old version, now we have changed toFrom old version, now we have changed to
New VISION
58
Value Statement
59
Beyond Expectation
Continuing Development
Pursuing Sustainability
HIKLMNHOPROSTU
VWNKVWWLZH[\I]RT^K
L_NR`Ka`KLMNH\b^K\cR
60
What’s moving on 2009?
• Turn to be a complex refinery (PQI start up 2Q09)
• Plant utilization increasing• Lower cost of production by utilizing CO-Gen & NG
• FO export term:spot (50:50)• PTT off-take agreement• 40% hedged position ensure GRM and performance for 09
• Preparing for NCI Rating
Refinery Bus.
Marketing Bus.
FinancialPosition
Resources
• Pushing sale promotion of renewable energy
• Gas station rebranding• Promotion cooperative station• Market expansion to new territory
• Collection enhancement- Trade credit insurance- Dealer financing- Direct Debit
• Liquidity is king• Applying more financial tools for enhancing efficiency
• Analyzing stock liquidity problem
• Providing funding for project investment
• Enhancing corporate rating through PQI completion
• Developing employee competency
• Employee engagement program
• Developing technology for serving “work anywhere anytime”
• Corporate rebranding
61
What’s moving on 2009? (cont’d)
-
2
4
6
8
10
12
-
2,000
4,000
6,000
8,000
10,000
12,000
2003
2004
2005
2006
2007
2008
2009F
USD/bblTHB mil
Adjusted EBITDA
GRM
Note: Performance is based on excluding inventory effect
(left-hand)
(right-hand)
Assumption: DB 55 $/Bbl, GO/DB 15.5 $/Bbl, FO/DB -12.0 $/Bbl,hedged 40% of crude run level
62
Other Event & ActivitiesOther Event & Activities
63
CSR
1. ]W.eRIVWf gVKRT^HRMS hWWHhNWijkb]hNWl[m nWeHij oWT[NWgSpnRbhKNR oWTqbr o NKkNhPtuWOSv\H k_Nhb] (H[NwR) WMHhboV_NRbhKNROxunWptxRK wIHwRWeotWKhSb^RRy_NHbRoNKkNhkb]hTkhWWHo_NOnzmPWpt\wR]M\hNWrNVvVpnNR[RNtWKOWv\RnjRVTR aRRVIxIHMTr 64 ORc^eKlRtehNVMbRneg[KwNuT
2. RN\gnr\ MWWfWbuR wNmRIhjS Wb hqNh NWWb{HRuWvMNhNWhWprWMKnSbKKNR HeoiN[HhbR[RNMxeKo WTqbr o NKkNhPtuWOSv\H k_ Nhb] (H[NwR) k_NRMR 2,000 icR l[ghijPWpVo|b\kNhV|NneNhNUrv^[RNMO\zR f eKLhNWoWT[NWVMRu_NoS[ReKVWMK e_NO|exNHrpOSVe kbK[Mb]RLWWNwVvHN OHc^erv^ 10 }bRMNLH 2551 rv^iNRHN
1
2
64
CSR
65
Rewards
oWTqbr oNKkNhPtuWOSv\H k_Nhb] (H[NwR) Z]WboloWboWeKWpooHNuW{NR ISO/TS 16949:2002 �KOPRWpooHNuW{NRhNWkb]hNWLIf|NnlReIuVN[hWWH\NR\Rurv^Z]WbohNW\eHWbolRWp]boVNhS V_N[WboiSTu|bf�Ry_NHbR[SeSc^ROPRWN\gWhxeKPWpOrUZr\ t]\Hv \e]nkR MKUWbhHTuW ijwM\hWWHhNWijkb]hNWl[m WboHeokNh |jWv Mb�RUbnr ijkb]hNWrb^MZP oWTqbr \jZROuz] WvkTVuWN ee� �TVOrzHV (PWpOrUZr\) k_Nhb] (URS)
66
Rewards
67
Rewards
nSOeh}Mbw OhqWebKhjW PWp}NRhWWHhNW nWeHLfpijoWT[NW oWTqbr oNKkNhPtuWOSv\H k_Nhb] (H[NwR) Wb o W N KMb SW N\ KNRoW Wqbr|To NS]v O] R (Top Corporate Governance Report Awards) WNKMbSoWTqbrk]rpOov\R]vO]R]NRRbhSKrIRVbHnbR} (IR Excellence Awards) gSp WNKMbSoWTqbrk]rpOov\R]vO]R]NR CSR (Corporate Social Responsibilities Awards) kNhKNR SET AWARDS 2008 �Kkb]t]\uSN][SbhrWbn\g[KPWpOrUZr\gSpMNWVNWhNWOKTR}RNLNW f We\bSnNWNheR �eSS wbyR 5 V\NHnNWNheR OHc^eMbRrv^ 21 n.\. 2551
68
Rewards
RN\eNRbRr PR\NWwIR e]vuRN\hWb{HRuWv HeoWNKMbSwRpOSTU ASEAN Business Awards 2008 lRVNxNLMNHWboiT]weoueVbKLHgSpVT^KgM]SeH [Wce Corporate Social Responsibility V_N[Wbo}IWhTkxRN]l[mlRhSIHPWpOrUeNO�v\R gh]W.eRIVWf gVKRT^HRMS hWWHhNWijkb]hNWl[m oWTqbr oNKkNhPtuWOSv\H k_Nhb] (H[NwR) t]\Lb]OScehkNhoWTqbrrv^]_NORTR}IWhTke\NKt]]O]RgSpPWpVoLMNHV_NOWzklR]NRuNK� VKiSuehNWOkWTmOuToturNKOUWq{hTkxeKeNO�v\R |N\luhNW]_NORTRhNWxeK The ASEAN Business Advisory Council WMHhbo V|N[ehNWLNZr\ V|NeIuVN[hWWHg[KPWpOrUZr\gSpVHNLH}RNLNWZr\ f [eKghWR] oeSSjH tWKgWHnSN�Nger}TRv hWIKOrn� OHc^eOWzM�Rvy OHc^eMbRrv^ 27 h.n. 2552
69
For more information;For more information;
www.bangchak.co.th www.bangchak.co.th clickclick Investor RelationInvestor Relation Email : [email protected] Tel. Email : [email protected] Tel. 0202--33545833354583
