intouch annual report 2011
DESCRIPTION
INTOUCH Annual Report 2011TRANSCRIPT
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2554
INTUN
E WITH YOUR W
ORLD
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4 13 16 18 2554 20 22 32 2554 34 36 37 40 55 58 64 82 114 122 151 152 154
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01-
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We are the leading value creation asset management company in telecom and mediaVision
- To deliver sustainable growth and long-term value to shareholders by investing and managing telecom and media businesses
- To continue Group good corporate governance practices
- To uphold corporate core values that focus on integrity, teamwork, innovation, people excellence and social responsibility (I-TIES)
- To continue sustainable corporate social responsibility activities
- To explore new business opportunities in telecom and media
Mission
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02-
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03-
2554
SHIN "INTOUCH" () 20 INTOUCH
INTOUCH INTOUCH
INTOUCH
INTOUCH INTOUCH
INTOUCH
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04-
() 31 2554 2553 2552
() 8,649 7,967 8,533 10,069 9,196 7,465 26,225 17,328 16,568 1,899 952 1,188 16,559 8,016 6,496 55,527 47,173 61,467 26,201 16,454 16,571 21,159 22,142 35,754
() 63% 46% 39% 76% 28% 18% 32% 15% 10% () 1.24 0.74 0.46 () 5.17 2.50 2.03 () 6.60 6.92 11.17 () 5.50 6.77 2.40
() 3,206.42 3,201.08 3,201.07( 1 )
40
:
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05-
2554
2552 2553 2554
61,4
67
47,1
73
55,5
27
16,5
71
16,4
54
26,2
01
35,7
54
22,1
42
21,1
59
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06-
2554 INTOUCH 5.50 ( 2.34 26 2554) 12.8
INTOUCH () (AIS) () (THAICOM) INTOUCH 16,559 2553 107
RETURNOUR SUCCESS TO EVERY STAKEHOLDER
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07-
2554
like
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08- IMPROVE
YOUR LIFETHROUGHTECHNOLOGY
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09-
2554
MMS
9 3G 900 1,884 WiFi 70,000 WiFi 3G EDGE+ 2G
2554 22,218 8 26,600 21
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10-
4 () National Broadband Network (NBN) MEASAT () 420 5 100 2554 6 2556 2554 130 806 2553
2554 1.2 24
CONNECTINGYOU WITHTHE WORLD
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11-
2554
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12- COMMITMENT
TO COUNTRYAND SOCIETY INTOUCH
BOOK
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14-
8 - 10
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15-
2554
350 8,725
2554 35,000,000 500,000 3 54
5 84
1,619 27 1,125,000
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16-
2554 INTOUCH () INTUCH (Total Shareholders Return) 65 5.50 30 2554 43 16,559 107 8,016 2553 26 2555 20.35
() () 3G
100 3 3G
() () 2554 6 2556 Asia Satellite Telecommunications 120
2554
84 1,125,000
(Tota
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17-
2554
.
2554 35,000,000
(Total Shareholders Return) 65
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18-
()
3 www.intouchcompany.com
2554 7 1
: 2554
: 2554
: 2554
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(Whistleblowing) : 2554
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(Non-Audit Services)
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8 2555
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* 26 2554* 26 2554
* 1
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* 17 2554
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* 11 2554
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. 68
1)
University of Illinois, USA
(IOD)
DAP: Directors Accreditation Program 2/2546
2550 . 2547
.
. 2546 . . 2538
. 2536 . 2531 . 2550 2554 . 2544 2554 . 2547 2553 . 2550 2552
()2549 2550 .
10
52
1)
Professional Accounting University of Texas at Austin, USA
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23-
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(IOD)
DCP: Directors Certification Program 100/2551DAP: Directors Accreditation Program 56/2549
2553 2550
. 2549 2550 .
10
56
1)
University of Southern California, USA
(IOD)SFE : Successful Formulation & Execution of Strategy 3/2552RCC : Role of the Compensation Committee 7/2551ACP: Audit Committee Program 5/2548DCP: Directors Certification Program 16/2545
2548 . . 2544 . 2551 2553
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24-
2548 2552 . 2542 2552 . 2545 2550
10
64
1)
Industrial Administration, Carnegie-Mellon University, USA
Civil Engineering, Oklahoma State University, USA
(IOD)DAP: Directors Accreditation Program 5/2546
2550 . 2548 . . . . 2552 2554 . 2548 2553 . . .
10
56
1)
, NUS
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25-
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(IOD)
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2554 , Allgrace Investment Management Pte Ltd. , Global Investments Ltd. , MIH Holdings Ltd. , Dongfeng Motor Corporation , Sino-Singapore Guangzhou Knowledge City Invest-
ment and Development Co., Ltd. , Chartis Singapore Insurance Pte Ltd.2553 , Perennial China Retail Trust Management
Pte Ltd. , Ascendos Investments Ltd.2552 , Singbridge International Singapore Pte Ltd.2551 , Temasek Holdings (Private) Ltd. , Nanyang Technological University2550 , . , Cypress Holdings Ltd. , Aspen Holdings Ltd.2548 , Singapore Technologies Engineering Ltd.2551 2554 , ChinaSingapore Suzhou Industrial Park Devt Co.,
Ltd.2550 2552 , Nothacker Pte Ltd. , Motorola Inc2549 2552 , Singapore Utilities International Pte Ltd.2548 2552 , Singapore Computer Systems Ltd.2547 2552 , Keppel Amfels Inc
10
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26-
67
1)
Master of Law (General) New York University, USA
Master of Comparative Jurisprudence, New York University, USA
(IOD)DAP: Directors Accreditation Program SCC/2547
2554 . 2553 . 2551 ()2545 ()2550 2553 .
10
56
1) 0.0351%
(IOD)RCP: Role of the Chairman Program 21/2552DCP: Directors Certification Program 65/2548DAP: Directors Accreditation Program 30/2547
2553 , . 2551 . . 2550 . 2549 . 2547 .
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27-
2554
2545 . 2552 2554 . 2543 2551 . 2542 2551 . 2537 2551 . 2547 2550 . .
10
2) 59
1)
Utah State University, USA
(IOD)DAP: Directors Accreditation Program 26/2547
2554 . 2548 . 2550 2554 . .
. .2548 2554 . .2546 2554 . . ()2543 2554 . .2551 2553 . 2547 2553 . 2549 2551 2549 2550 . 2548 2550 . 2546 2550
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DCP: Directors Certification Program 104/2551
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(IOD)
DCP: Directors Certification Program 102/2551
2550 .
. 2550 2551 . 2549 2550 .
10
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2554
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() California Polytechnic University, USA
(IOD)
DCP: Directors Certification Program 107/2551CMA: Capital Market Academy 8/2552
2554 . 2553
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10
4) 47
1)
MBA, International Finance and International Accounting Northrop University, USA
(IOD)
DCP: Directors Certification Program 89/2550
2555 . 2554
.
. . . .. .. 2554 .
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30-
2553 2554 General Manager, Global Technology Services, IBM ASEAN2552 2553 Client Advocacy Executive, Chairmans Office, IBM Head-
quarters2550 2552 Vice President, General Business, IBM ASEAN2546 2550 Country General Manager, IBM Thailand Co., Ltd.
10
46
1) 0.0112%
(IOD)
DCP: Directors Certification Program 111/2551
2553 . . .. .. 2554 .2547 2553 .
10
50
1) 0.0023%
(IOD)DCP: Directors Certification Program 104/2551Company Secretary Program 2548Board & CEO Assessment Program 2546Effective Audit Committee 2545
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31-
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Board Practices 2545Board Composition and Relations 2545Board Policy 2545
2554 . 2551 . 2547 2554
. 2550 2552 (.)2546 2551 .
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43
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(IOD)
DCP: Directors Certification Program 116/2552
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10 26 2555 ()
(%)
1. 1,334,354,825 41.62 2. 1,218,028,839 37.99 3. 140,486,631 4.38 4. 15,518,400 0.48 5. CHASE NOMINEES LIMITED 15 13,478,700 0.42 6. CREDIT SUISSE AG SINGAPORE BRANCH 11,448,400 0.36 7. HSBC (SINGAPORE) NOMINEES PTE LTD 10,838,800 0.34 8. 9,627,300 0.30 . () 9. CHASE NOMINEES LIMITED 8,860,000 0.28 10. CITIBANK NOMINEES SINGAPORE PTE LTD-ARANDA 8,071,100 0.25 INVESTMENTS PTE LTD www.set.or.th 2555
26 2555 ()
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1) Holding Company2) 3)
-
40-
() INTUCH ( SHIN INTUCH 7 2554)
www.intouchcompany.com 010753000257 414 : (66) 2299 5000 : (66) 2271 1058 5,000,000,000 3,206,420,305 1 3,206,420,305
() ADVANC
900 MHz Cellular www.ais.co.th 0107535000265 414 : (66) 2299 6000 : (66) 2299 5165 4,997,459,800 2,973,095,330 1 2,973,095,330 40.45%
-
41-
2554
() THCOM
www.thaicom.net 0107536000897 414 141/103 :(66)25910736 :(66)25910705 2501 :(66)25993000 :(66)25993000712 1,132,082,300 1,095,937,540 5 5,479,687,700 41.14%
() ITV
UHF 72550. .
* 4 2552 Non-PerformingGroup (NPG) 102554SETNPG1
0107541000042 101036 :(66)27911795-6 :(66)27911797 1,560,000,000 1,206,697,400 5 6,033,487,000 52.92%
-
42-
MB
www.matchbox.co.th 414 :(66)22995600 :(66)22995661 1408/41 :(66)22995600 :(66)26153052 900,000 900,000 10 9,000,000 99.96%
.. ITAS www.itas.co.th 388()3 :(66)22730760 :(66)22730191 1,000,000 1,000,000 10 10,000,000 99.99%
-
43-
2554
() 404 :(66)22996000 :(66)22995455 GSM1800 365.55 10 3,655.47 98.55%
() 404 :(66)22995777 :(66)22995200 0.50 100 50 99.99%
() 414 :(66)22996000 :(66)22995959 27.20 10 272 99.99%
-
44-
() 408/6015 :(66)26874808 :(66)26874788 30 10 300 99.99%
() 414 :(66)22996000 :(66)26153330 (CashCard) 25 10 250 99.99%
() 408/12729 :(66)22996000 :(66)22787030 www.ain.co.th 2 100 100 99.99%
-
45-
2554
() 408/6015 :(66)22996000 :(66)26198777 www.sbn.co.th (ISP) (International&NationalInternetGateway) (IPLC&IPVPN) (VoiceoverIP)(IPTelevision) 3 100 300 99.99%
() 408/6015 :(66)22996000 :(66)26874986 (ISP)13 . 3.50 100 350 99.99%
() 1291/1 :(66)22996000 :(66)22995165 (IT) (ContentAggregator) 0.50 100 50 99.99%
-
46-
() 1291/1 :(66)22996000 :(66)22995165 / 0.01 100 1 99.97%
() 408/6015 :(66)22996000 :(66)22995200 24 10 240 99.99%
() 408/6015 0.01 100 1 99.97%
-
47-
2554
() 408/15738 :(66)22701900 :(66)22701860 www.adc.co.th OpticalFiber 95.75 10 957.52 51.00%
() 408/6015 1.20 100 120 99.99%
() 404 1 100 100 99.99%
() 10/97613() :(66)26462523 :(66)21687744 0.02 100 2 20.00%
-
48-
() 750ChaiCheeRoad,#03-02/03,Technopark@ChaiChee,Singapore469000 :(65)64246270 :(65)67459453 23 1 23 10.00%
() 414 501 :(66)29505005 www.dtvservice.net (SystemIntegration)(Content) DTVHDTV 39.88 10 398.79 99.99%
() 8MarinaBoulevard#05-02,MarinaBayFinancialCentre,Singapore018981 :(65)63381888 :(65)63375100 15 1 14.66 51.00%
-
49-
2554
() TridentChambers,P.O.Box146,RoadTown,Tortola,BritishVirginIslands 4() 200 0.01 2 99.96%
() TridentChambers,P.O.Box146,RoadTown,Tortola,BritishVirginIslands 0.05 1 10 100%
() 8695ZumwaltRoad,Monmouth,OR97365USA - - 4.29 70.00%
() 8MarinaBoulevard#05-02,MarinaBayFinancialCentre,Singapore018981 :(65)63381888 :(65)63375100 4() 0.10 1 20,000 100%
-
50-
() IntercontinentalTrustLimited,Suite802,St.JamesCourt, St.DenisStreet,PortLouis,Mauritius :(230)2139800 :(230)2109168 4() 0.02 1 20,000 100%
() 9A,Street271,SangkatTumnupTeuk,KhanChamkamon, PhnomPenh,KingdomofCambodia :(855)023305990 :(855)023994669 www.cdn.com.kh 0.001 2,400,000 2,4000.60 100%
() 721PreahMonivongBlvd.,SangkatBoengKengKang3,KhanChamkamon, PhnomPenh,KingdomofCambodia :(855)023303333 :(855)023361111 www.mfone.com.kh VOIP 24 1 24 100%
-
51-
2554
() LanexangAvenue0100,Vientiane,LaoPeoplesDemocraticRepublic :(856)21216465-6 :(856)21219690 96.84 1 96.84 49.00%
() ArtarmonCentral,Unit13,12-18ClarendonStreet,Artarmon,NSW2064,Australia :(612)88754300 :(612)88754399 6.95 1 6.95 100%
() C/-ClendonsBarristers&SolicitorsLevel1,LevyBuilding,CornerofCommerce& CustomsSts,Auckland,NewZealand 8.51 1 8.51 100%
-
52-
() () CSL 414 9017-20 :(66)22638000 :(66)22638132 www.csloxinfo.com (CSLoxInfo)- 599,145,700 594,419,804 0.25 148,604,951 42.07%
() () 414 12028 21126/2225-28 :(66)22628888 :(66)22628899 www.teleinfomedia.net 15.65 10 156.54 99.99%
-
53-
2554
() () 414 11126/22210121 :(66)22628888 :(66)22628899 2154/13 379/3-4-52,34 (MobileContentProvider) (CommunityPortal) 1.07 10 10.75 99.99%
() 71/30 71/36 :(66)24228000 :(66)24228032 www.watta.co.th 0.20 100 20 60.00%
-
54-
() 414 1126/22210121 :(66)22628888 :(66)22628899 www.hunsa.com 0.80 10 8 99.99%
() 10103 :(66)27911000 :(66)27911010 0.25 100 25 99.99%
42555
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32,736 29.4% 39,100 30.9% 6,363 19.4% 2,694 2.4% 2,511 2.0% -184 -6.8% 16,366 14.7% 15,164 12.0% -1,202 -7.3%()/ 84 0.1% -3 0.0% -87 -103.3% -114 -0.1% -116 -0.1% -2 1.7% -47 0.0% -32 0.0% 14 -30.3%EBITDA 51,720 46.5% 56,623 44.8% 4,903 9.5%
7 ()/(%)2553 2554 (%)
1,753 1.6% 1,666 1.3% -87 -5.0%
-
141-
2554
8() 2553 2554 (%) 20,514 22,218 1,704 8.3%
: 1,560 1,542: 0 2,840 22,074 26,600 4,526 20.5%
9 ()/(%)2553 2554
12,618 13.0% 21,887 25.3% 4,219 4.3% 727 0.8% 5,660 5.8% 7,037 8.1% 1,127 1.2% 1,087 1.3% 2,329 2.4% 2,440 2.8%
25,953 26.7% 33,178 38.3%- 55,265 56.8% 44,121 50.9% 1,577 1.6% 35 0.0% 2,764 2.8% 2,275 2.6% 9,933 10.2% 6,422 7.4% 1,856 1.9% 642 0.7% 97,347 100.0% 86,672 100.0%
2,472 2.5% 3,520 4.1%1 15,883 16.3% 5,469 6.3% 3,328 3.4% 4,593 5.3% 13,603 14.0% 16,152 18.6% 35,285 36.2% 29,734 34.3% 35,139 36.1% 22,374 25.8% 56,157 57.7% 47,209 54.5% 15,073 15.5% 13,246 15.3% 41,191 42.3% 39,464 45.5%
-
142-
102010 2011
0.58 0.54 0.55 0.01EBITDA 0.44 0.01 1.36 1.20Currentratio 0.74 1.12Interestcoverage 19.18 23.94DSCR 2.06 5.58-ROE(%) 39% 66%
11 ()
2554 4,000 9,9781/2554 - -2/2555 - 2473/2555 5,000 -4/2555 - 2472556 8,000 4932557 2,500 2,9392558 - 1,0932559 - 1,0932560 - 4932561 - 247
12 2554 ()
57,604 5,707 620 1,803 12 9,388 189 14,050
-
143-
2554
12 2554 ()
/ 3,494 24,103
1,200 159 7,909
63,119 63,119
2554
2554 +11.9% 25-30% 31%EBITDAmargin 45% 44.8%(3G900MHz) 10,000 5,700
11.9% (high-singledigit)100%25548%3G255431%25%30%40%255350%2554
EBITDAmargin44.8%45% 3G25542.2%22.5%
5,70010,000
-
144-
2555
5-6% 25% 10%+()EBITDAmargin 44% 8,000
IC5-6% 3G3G50%25553G30%(3G)
25%3GQualityDNAs() 3G-900MHz3G-900MHz2,0003G WiFi
-
145-
2554
QualityDNAs
EBITDAmargin44%44.8%2554EBITDAmargin 25552-2.5%
8,0003G-900MHz3G-900MHz2554EDGE+3G-900MHz2,0003G900MHz3G-900MHz 3 2555AISShopYourWorldYourWorld25557%
100% . (2.1GHz,1,800MHz900MHz)3G
-
146-
4/2552
1/2553
2/2553
3/2553
4/2553
1/2554
2/2554
3/2554
4/2554
2,835,800 2,878,500 2,898,800 2,928,100 2,976,500 3,027,500 3,056,200 3,116,200 3,193,6001800 78,900 78,300 78,400 76,400 76,100 76,100 86,500 95,700 98,000 2,914,700 2,956,800 2,977,200 3,004,500 3,052,600 3,103,600 3,142,700 3,211,900 3,291,600 25,858,200 26,552,400 27,030,500 27,497,600 28,148,100 28,847,700 29,342,300 29,552,000 30,168,300 28,772,900 29,509,200 30,007,700 30,502,100 31,200,700 31,951,300 32,485,000 32,763,900 33,459,900 (Netadditions) 80,100 42,100 20,400 27,300 48,100 51,000 39,100 69,200 79,700 410,500 694,200 478,100 467,100 650,500 699,600 494,600 209,700 616,300 490,600 736,300 498,500 494,400 698,600 750,600 533,700 278,900 696,000Churnrate(%) 2.2% 2.3% 2.2% 2.1% 1.8% 1.6% 1.7% 1.6% 1.5% 5.2% 4.7% 4.7% 4.3% 4.4% 4.4% 4.7% 5.0% 4.3% 4.9% 4.4% 4.5% 4.1% 4.2% 4.1% 4.4% 4.7% 4.1% 42% 43% 43% 43% 43% 43% 43% 43% N/A 44% 44% 44% 44% 44% 44% 44% 44% N/A 44% 44% 44% 44% 44% 44% 44% 44% N/AARPUIC() 660 648 645 645 660 655 661 673 6981800 623 610 596 594 584 544 496 459 454 659 647 643 644 658 652 656 667 691 192 193 185 184 195 197 195 193 203 239 239 231 230 241 241 239 239 251ARPUIC() 619 608 605 614 624 618 621 632 6551800 604 592 578 576 574 535 482 442 437 619 608 605 613 623 616 617 626 649 198 198 190 192 201 203 200 199 209 240 239 231 234 243 243 240 240 252
-
147-
2554
MOU() 535 524 509 522 532 527 530 529 5881800 492 483 476 387 496 486 479 463 499 534 523 508 518 532 526 529 527 585 255 263 273 280 292 304 299 300 323 283 289 297 304 316 326 322 322 349
http://investor.ais.co.th
[email protected]:022995014
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/
(ARPU) ConservativeARPU
-
148-
ARPUIC ARPUIC
=--IC(+)/2
= - - IC+ IC (+)/2
(callmanagement,SMS,MMS,
data).(IC)(
)
(callmanagement,SMS,MMS,data).(IC)(
)
1/2551 ARPU ARPU
-
149-
2554
(Subscriber) churnchurn 45churn 37 (Netadditions) ARPUIC
ARPUIC (ICIC)MOU SMS
Churnrate
(Voice) (Internationalroaming)
(IDD) Non-voice(data) SMS,MMS,GPRS,content,enterprisedata,mobileadvertising,WAP,JAVA,
EBITDAmargin
InterestCoverage DSCR EBITDA
EBITDA(Netdebt/EBITDA) EBITDA(NetDebt/Equity) (Interest-bearingDebttoEquity) (TotalLiabilitiestoEquity) (Debtratio) FreecashflowtoEV (EBITDAcapex)/(+)(Freecashflow)
2552:=-;2553:=EBITDA
(NetworkOPEX) (IC)(CashOPEX) +(ROE)% /
-
150-
1. (Audit fee)
2554(:)
KPMG
KPMG
KPMG() 2.19 -() 4.08 5.12() 0.58 0.08 - 0.54 6.85 5.74Outofpocketexpenses 0.26 0.13outofpocketexpenses 7.11 5.87:KPMG
2. (Non-audit fee)
2554 KPMG0.50 KPMG5.58 2554 KPMGKPMG0.504.32
-
151-
2554
() ()
2554
() () 31 2554
(.) ()
-
()
31 2554 2553
() ()
31 2554 2553
()
()
2 3
1 2554 31
2553
152-
-
2.2 34 31 2554
3,898 3,898
()
2,210
15 97,760
2,210
31 2554 2553
31 2554 2.04 (2553: 2.37) 19.2 (2553:
28.33)
31 2554 2553
( )
3378
14 2555
153-
2554
-
()
31 2554 2553
2554 2553 2554 2553
() ()
7 11,436,559,716 2,489,672,568 8,442,694,924 1,070,372,447
8 2,516,994,607 1,845,526,825 1,377,179,866 756,698,740
9 1,987,556,141 1,769,396,184 19,433,915 15,242,698
6 82,108,638 1,382,554 - 30,000,000
10 242,734,611 416,534,653 - -
16,265,953,713 6,522,512,784 9,839,308,705 1,872,313,885
11 - - 3,694,940,468 3,694,940,468
11 16,977,470,395 18,039,342,525 8,382,315,318 8,807,455,529
8 25,000,000 25,000,000 25,000,000 25,000,000
13 6,668,280,524 5,317,833,876 32,176,950 24,406,612
14 12,828,228,105 14,177,096,096 - -
15 1,217,241,726 1,253,421,346 4,252,250 7,025,161
16 846,188,384 1,174,346,261 - -
698,681,932 663,462,841 3,805,983 948,080
39,261,091,066 40,650,502,945 12,142,490,969 12,559,775,850
55,527,044,779 47,173,015,729 21,981,799,674 14,432,089,735
()
() 31 2554 2553
154-
-
()
31 2554 2553
2554 2553 2554 2553
() ()
18 1,757,321,141 1,733,752,786 79,450,917 84,325,579
7,502,986,495 - 7,502,986,495 -
- 465,593,431 920,779,639 - -
6 81,722,822 3,045,672 4,974,863 4,226,013
17 4,627,159,881 856,342,983 631,954 475,107
264,616,590 205,457,499 - -
34.2 5,023,160,387 4,589,742,578 - -
146,268,255 133,293,397 - -
19,868,829,002 8,442,414,554 7,588,044,229 89,026,699
17 5,652,998,801 7,548,869,308 1,545,004 2,263,425
19 232,111,092 216,844,256 38,331,083 39,035,566
16 119,535,340 130,806,517 - -
327,955,400 114,721,586 - -
6,332,600,633 8,011,241,667 39,876,087 41,298,991
26,201,429,635 16,453,656,221 7,627,920,316 130,325,690
()
() 31 2554 2553
155-
2554
-
() 31 2554 2553
()
31 2554 2553
2554 2553 2554 2553
() ()
20
- 5,000,000,000 5,000,000,000 5,000,000,000 5,000,000,000
- 3,206,420,305 3,201,083,769 3,206,420,305 3,201,083,769
20 , 21
10,341,569,221 10,197,776,579 10,341,569,221 10,197,776,579
500,000,000 500,000,000 500,000,000 500,000,000
3,006,338,536 4,075,445,759 305,757,355 404,096,704
4,104,580,421 4,167,971,123 132,477 (1,193,007)
21,158,908,483 22,142,277,230 14,353,879,358 14,301,764,045
8,166,706,661 8,577,082,278 - -
29,325,615,144 30,719,359,508 14,353,879,358 14,301,764,045
55,527,044,779 47,173,015,729 21,981,799,674 14,432,089,735
- - - -
()
156-
-
() 31 2554 2553
()
31 2554 2553
2554 2553 2554 2553
() ()
24
8,648,958,434 7,966,815,871 - -
- - 10,268,429,765 21,908,217,278
11 ) 7,263,825,147 - 7,499,188,788 -
25 243,544,610 165,218,750 55,493,759 28,621,772
10,069,139,005 9,195,909,560 - -
26,225,467,196 17,327,944,181 17,823,112,312 21,936,839,050
24
6,129,512,277 6,520,932,196 - -
620,810,252 493,925,091 - -
34.2 433,417,808 433,417,808 - -
173,017,932 244,172,437 - -
1,592,789,336 1,493,942,103 205,076,306 195,132,514
84,842,990 90,077,573 - -
6 152,767,145 137,004,226 85,870,000 88,923,661
9,187,157,740 9,413,471,434 290,946,306 284,056,175
17,038,309,456 7,914,472,747 17,532,166,006 21,652,782,875
(482,175,707) (498,946,900) (2,087,381) (2,111,961)
16,556,133,749 7,415,525,847 17,530,078,625 21,650,670,914
() 28 (487,077,047) 124,016,557 - -
16,069,056,702 7,539,542,404 17,530,078,625 21,650,670,914
()
16,559,310,751 8,015,694,421 17,530,078,625 21,650,670,914
(490,254,049) (476,152,017) - -
16,069,056,702 7,539,542,404 17,530,078,625 21,650,670,914
30
5.17 2.50 5.47 6.76
5.17 2.50 5.47 6.76
()
157-
2554
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() 31 2554 2553 ()
31 2554 2553
2554 2553 2554 2553
() ()
16,069,056,702 7,539,542,404 17,530,078,625 21,650,670,914
- 23
134,623,212 (148,953,170) - -
1,704,641 (9,048,085) 1,325,484 (1,121,180)
506,902 (647,085) - -
- 136,834,755 (158,648,340) 1,325,484 (1,121,180)
16,205,891,457 7,380,894,064 17,531,404,109 21,649,549,734
16,616,267,074 7,946,563,304 17,531,404,109 21,649,549,734
(410,375,617) (565,669,240) - -
16,205,891,457 7,380,894,064 17,531,404,109 21,649,549,734
()
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93,0
07)
14,3
01,7
64,0
45
20
5,33
6,53
6
14
3,79
2,64
2
-
-
-
-
14
9,12
9,17
8
31-
-
-
(1
7,62
8,41
7,97
4)
-
-
(1
7,62
8,41
7,97
4)
-
-
-
17
,530
,078
,625
-
-
17,5
30,0
78,6
25
23
-
-
-
-
1,
325,
484
1,32
5,48
4
1,
325,
484
-
-
-
17,5
30,0
78,6
25
1,
325,
484
1,32
5,48
4
17
,531
,404
,109
3
1
255
43,
206,
420,
305
10
,341
,569
,221
500,
000,
000
30
5,75
7,35
5
13
2,47
7
132,
477
14
,353
,879
,358
(
)
(
)
3
1
25
54
2553
162 -
-
() 31 2554 2553 ()
31 2554 2553
2554 2553 2554 2553
() ()
16,559,310,751 8,015,694,421 17,530,078,625 21,650,670,914
13, 14, 15 2,640,062,787 2,619,234,075 13,590,597 14,493,931
19 17,400,639 16,406,863 2,485,357 2,366,571
(135,600,916) (88,172,943) (41,350,995) (28,382,547)
468,921,199 485,775,944 1,955,963 1,966,304
28 487,077,047 (124,016,557) - -
(10,069,139,005) (9,195,909,560) - -
- - (10,268,429,765) (21,908,217,278)
11 ) (7,263,825,147) - (7,499,188,788) -
433,417,809 433,417,809 - -
39,746,326 96,094,206 - -
43,183,064 41,469,861 - -
28,507,449 25,736,123 - -
6,139,008 6,139,009 - -
(490,254,049) (476,152,017) - -
4,078,223 (3,588,815) 7,207,248 6,681,978
2,769,025,185 1,852,128,419 (253,651,758) (260,420,127)
(212,157,534) 116,429,065 (3,838,498) (6,944,225)
213,427,335 2,507,593 - -
(35,219,092) (21,655,765) (2,857,904) 1,478,708
25,178,354 208,499,354 (5,701,994) 38,440,843
59,159,091 (440,596,959) - -
196,210,669 (20,419,103) (3,189,840) -
118,128,379 103,676,330 32,908,364 33,804,931
10,353,482,075 21,992,269,595 10,268,429,765 21,908,217,278
(223,804,477) (210,378,697) - -
13,263,429,985 23,582,459,832 10,032,098,135 21,714,577,408
()
163-
2554
-
() 31 2554 2553 ()
31 2554 2553
2554 2553 2554 2553
() ()
(2,411,212,653) (682,977,303) (17,866,016) (3,628,598)
(101,188,165) (13,932,740) (119,690) (1,204,274)
(1,942,429) - - -
() (669,941,585) 262,334,484 (619,155,642) 164,394,292
() (78,416,397) (280,168) 30,000,000 (30,000,000)
7,924,329,000 - 7,924,329,000 -
68,979,056 8,475,058 42,991 244,393
() 4,730,606,827 (426,380,669) 7,317,230,643 129,805,813
2,156,217,186 - - -
1,624,601,573 116,070,247 - -
77,317,196 - - -
149,129,179 489,820 149,129,179 489,820
(2,410,762,804) (80,869,123) - -
(64,306,964) (353,029,621) (556,514) (367,533)
(448,202,669) (465,566,904) (147,486) (144,467)
(10,125,431,480) (21,671,113,808) (10,125,431,480) (21,671,113,808)
(9,041,438,783) (22,454,019,389) (9,977,006,301) (21,671,135,988)
8,952,598,029 702,059,774 7,372,322,477 173,247,233
2,489,672,568 1,791,391,958 1,070,372,447 897,125,214
(5,710,881) (3,779,164) - -
7 11,436,559,716 2,489,672,568 8,442,694,924 1,070,372,447
- - - -
77,092,712 73,525,857 741,449 134,071
9,326,913 26,075,455 2,176,958 2,738,532
()
164-
-
()
31 2554 2553
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
() 31 2554 2553
165-
2554
-
() 31 2554 2553
()
31 2554 2553
14 2555
1
() 414
10400
(.) 2533
31 2554 () 44.80
(2553: 54.43) () 41.62 Temasek Holdings (Pte) Ltd. ()
() 5.8 () 45.2
() 49.0
29.9 68.0 1.3
0.8
1 2554 . (Logo)
SHIN "INTOUCH" ()
20
. (Trade Name)
SHIN INTUCH . INTUCH
. 7 2554
()
31 2554 () 44.80 (2553: 54.43) () 41.62 Temasek Holdings (Pte) Ltd. () () 5.8 () 45.2 () 49.0 29.9 68.0 1.3 0.8
166-
-
()
31 2554 2553
31 2554 2553
2554 2553
()
() 41.14 41.14
()
4
()
() ( 33 52.92 52.92 () 34)
.. 99.99 99.99
()
99.96 99.96
()
()
167-
2554
-
() 31 2554 2553
()
31 2554 2553
2554 2553
()
40.45 42.55
() 900 1800
()
Datakit Virtual Circuit Switch
42.07 42.19
() -
()
10 - 35
31 2554 731
33 34
()
31 2554 2553
31 2554
() 2564
() 2559
() 2568
(
33 34)
2557
Lao Telecommunications Company Limited 2564
Mfone Company Limited 2571
900-MHz 2558
()
1800-MHz 2556
2569
Datakit Virtual 2565
Circuit Switch
() 2559
() 2555
2565
168-
-
()
31 2554 2553
31 2554
() 2564
() 2559
() 2568
(
33 34)
2557
Lao Telecommunications Company Limited 2564
Mfone Company Limited 2571
900-MHz 2558
()
1800-MHz 2556
2569
Datakit Virtual 2565
Circuit Switch
() 2559
() 2555
2565
169-
2554
-
() 31 2554 2553
()
31 2554 2553
2
2.1
()
()
()
( 9)
( 10)
( 13, 14 15)
( 13, 14 15)
( 13)
()
31 2554 2553
( 4 16)
( 33 34)
( 32)
2.2 () ()
31 2554 3,898
3,898 ( 31 2553 3,476
3,476 ) 32
13 2549
(.)
2,210 15
97,760
7 2550 .
30 2550 . 656
97,760
10 2554 . Non-Performing Group (NPG) 1
3 (
3 1 ) 10 2554 1
1 ( 4 )
1. 20 1
2.
3.
4.
.
.
170-
-
()
31 2554 2553
2
2.1
()
()
()
( 9)
( 10)
( 13, 14 15)
( 13, 14 15)
( 13)
()
31 2554 2553
( 4 16)
( 33 34)
( 32)
2.2 () ()
31 2554 3,898
3,898 ( 31 2553 3,476
3,476 ) 32
13 2549
(.)
2,210 15
97,760
7 2550 .
30 2550 . 656
97,760
10 2554 . Non-Performing Group (NPG) 1
3 (
3 1 ) 10 2554 1
1 ( 4 )
1. 20 1
2.
3.
4.
.
.
171-
2554
-
() 31 2554 2553
()
31 2554 2553
1,131 2.04 ( 31 2553: 1,122 2.37) 5,028 19.2 ( 31 2553: 4,598 28.33) 31 2554 3,898 ( 31 2553: 3,476 )
31 2554 2553 3,898 3,476
31 2554 2553 3,898
3,476
3
1 2554
2 31 2553
31 2553
- - - - - - -
3.1 3.8
3.1
1 2554 1 ( 2552)
- - - - -
()
31 2554 2553
( 4 16)
( 33 34)
( 32)
2.2 () ()
31 2554 3,898
3,898 ( 31 2553 3,476
3,476 ) 32
13 2549
(.)
2,210 15
97,760
7 2550 .
30 2550 . 656
97,760
10 2554 . Non-Performing Group (NPG) 1
3 (
3 1 ) 10 2554 1
1 ( 4 )
1. 20 1
2.
3.
4.
.
.
172-
-
()
31 2554 2553
1,131 2.04 ( 31 2553: 1,122 2.37) 5,028 19.2 ( 31 2553: 4,598 28.33) 31 2554 3,898 ( 31 2553: 3,476 )
31 2554 2553 3,898 3,476
31 2554 2553 3,898
3,476
3
1 2554
2 31 2553
31 2553
- - - - - - -
3.1 3.8
3.1
1 2554 1 ( 2552)
- - - - -
()
31 2554 2553
36
3.2
1 2554 3 ( 2552)
27 ( 2552)
1 2554
2554
2554
1 2554
1 2554
- - - - ()
1 2551 31 2553
1 2551 31 2553
(
) (
)
173-
2554
-
() 31 2554 2553
()
31 2554 2553
1 2551
1 2551 1
2551 31 2553
20 1 2551
43 ( 2550)
31 2550
1 2551
( ) 1 2554
1 2554 27 ( 2552)
1 2554
2554
2554 3.8
1 2554
1 2554
3.3
1 2554 27 ( 2552)
1 2554
1 2554
()
31 2554 2553
36
3.2
1 2554 3 ( 2552)
27 ( 2552)
1 2554
2554
2554
1 2554
1 2554
- - - - ()
1 2551 31 2553
1 2551 31 2553
(
) (
)
174-
-
()
31 2554 2553
1 2551
1 2551 1
2551 31 2553
20 1 2551
43 ( 2550)
31 2550
1 2551
( ) 1 2554
1 2554 27 ( 2552)
1 2554
2554
2554 3.8
1 2554
1 2554
3.3
1 2554 27 ( 2552)
1 2554
1 2554
()
31 2554 2553
3.4
1 2554 16 ( 2552)
2554 2553
3.5
1 2554 23 ( 2552)
23
3.6
1 2554 19
1 2554
2553
2554
3.8
175-
2554
-
() 31 2554 2553
()
31 2554 2553
3.7
1 2554 2
2
1 2554
2 2
2554
2554
()
31 2554 2553
3.4
1 2554 16 ( 2552)
2554 2553
3.5
1 2554 23 ( 2552)
23
3.6
1 2554 19
1 2554
2553
2554
3.8
176-
-
()
31 2554 2553
3.8
()
()
1 2553
30,740 (126) 30,614 - - -
868 53 921 - - -
784 9 793 46 1 47
- 204 204 - 35 35
17,947 (216) 17,731 460 (36) 424
9,212 (69) 9,143 - - -
31 2553
18,180 (141) 18,039 - - -
1,118 56 1,174 - - -
938 9 947 82 1 83
- 217 217 - 39 39
4,307 (232) 4,075 444 (40) 404
8,656 (79) 8,577 - - -
177-
2554
-
() 31 2554 2553
()
31 2554 2553
()
31 2553
9,210 (14) 9,196 - - -
1,491 3 1,494 193 2 195
(489) (10) (499) - (2) (2)
121 3 124 - - -
7,564 (24) 7,540 21,655 (4) 21,651
()
8,032 (16) 8,016 21,655 (4) 21,651
(468) (8) (476) - - -
7,564 (24) 7,540 21,655 (4) 21,651
()
2.51 (0.1) 2.50 6.76 - 6.76
2.51 (0.1) 2.50 6.76 - 6.76
31 2553
8,032 (16) 8,016 21,655 (4) 21,651
- 16 16 - 2 2
476 10 486 - 2 2
(121) (3) (124) - - -
(9,210) 14 (9,196) - - -
(468) (8) (476) - - -
98 1 99 - - -
(6) (14) (20) - - -
23,582 - 23,582 21,715 - 21,715
178-
-
()
31 2554 2553
31 2554 (
)
()
31 2554
18,357 (158) 18,199 - - -
2 (2) - - - -
1,132 65 1,197 - - -
991 16 1,007 74 1 75
- 233 233 - 38 38
4,428 (64) 4,364 353 (44) 309
- 2 2 - - -
8,673 (291) 8,382 - - -
179-
2554
-
() 31 2554 2553
()
31 2554 2553
()
31 2554
11,308 (17) 11,291 - - -
1,568 22 1,590 198 2 200
(467) (15) (482) - (2) (2)
(145) 9 (136) - - -
17,500 (45) 17,455 17,538 (4) 17,534
()
17,749 168 17,917 17,538 (4) 17,534
- - (31) - - (4) -
- - 199 - - - -
(59) (213) (272) - - -
- - (14) - - - -
- - (199) - - - -
17,687 (45) 17,642 17,538 (4) 17,534
()
5.54 0.05 5.59 5.47 - 5.47
- - (0.01) - - - -
- - 0.06 - - - -
5.54 0.05 5.59 5.47 - 5.47
- - (0.01) - - - -
- - 0.06 - - - -
180-
-
()
31 2554 2553
()
31 2554
17,749 168 17,917 17,538 (4) 17,534
- 17 17 - 2 2
454 15 469 - 2 2
145 (9) 136 - - -
(11,308) 17 (11,291) - - -
(59) (213) (272) - - -
56 5 61 - - -
13,263 - 13,263 10,032 - 10,032
()
31 2554 2553
4
11 2554 23
31 2555 20 31
2556
( 530) .. 2554 21 2554 23
31 2555 20 31
2556-2557
23 2555 20 2556
31 2554 (
)
() 31 2554
18,199 (1,222) 16,977
1,197 (351) 846
4,364 (1,358) 3,006
8,382 (215) 8,167
31 2554
11,291 (1,222) 10,069
(136) (351) (487)
17,642 (1