annual report 2005 en

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ANNUAL REPORT 2005 Minor International Public Company Limited (Previously know as Royal Garden Resort Public Company Limited and Incorporating The Minor Food Group Company Limited) √“¬ß“πª√–®”ªï 2548 ∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π) À√◊Õ∑’ˇ§¬√Ÿâ®—°„ππ“¡ √Õ¬—≈°“√凥âπ √’´Õ√å∑ ®”°—¥ (¡À“™π) §«∫√«¡°—∫ ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π)

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Page 1: Annual Report 2005 EN

ANNUAL REPORT 22000055 Minor International Public Company Limited(Previously know as Royal Garden Resort Public Company Limited and Incorporating The Minor Food Group Company Limited)

√“¬ß“πª√–®”ªï 2548 ∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)À√◊Õ∑’ˇ§¬√Ÿâ®—°„ππ“¡ √Õ¬—≈°“√凥âπ √’´Õ√å∑ ®”°—¥ (¡À“™π) §«∫√«¡°—∫ ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π)

Page 2: Annual Report 2005 EN

CORE VALUES• Customer Focus • Result Oriented • People Development • Innovative

VISIONTo be a leading international hospitality and leisure operator and a leadingmultiple food concept operator through the delivery of branded productsand services providing 100% SATISFACTION to all stakeholders

Delivering premium brandedhospitality services andfood concepts globallyEvery day, over 16,000 service professionals at 12 hotels,16 spas and 560 resturants have the pleasure of servingover 60 million customers the very best in dining, resortlodging and spa treatments.

Page 3: Annual Report 2005 EN

Four Seasons Hotel BangkokWe increased our stake in this propertyfrom 58% to 91% in 2004 and fullyconsolidated our interest throughout 2005.

840840

970970

9529522005

200 400 600 800 1,000 MB

2004

2003

YEAR

Four Seasons Bangkok Sales

Four Seasons Resort Chiang MaiSolid gains in average room ratesled to a 9% increase in revenueper available room in 2005.

265265

354354

3853852005

100 200 300 400 500 MB

2004

2003

YEAR

Four Seasons Chiang Mai Sales

Four Seasons Tented CampSuccessfully opened in January 2006 inThailand’s Golden Triangle near Chiang Rai

Opened in January, 22000066

Anantara Resort and Spa Golden TriangleOur stunning northern resort continuesto receive awards and industry acclaim.

5151

105105

1191192005

25 50 75 100 125 MB

2004

2003

YEAR

Anantara Golden Triangle Sales

Anantara Resort and Spa Hua HinOur flagship Anantara achieved a 27%increase in revenue in 2005.

209209

244244

3113112005

100 200 300 400 500 MB

2004

2003

YEAR

Anantara Hua Hin Sales

Anantara Resort and Spa SamuiSince opening in late 2004, our firstproperty in Samui has already establisheda leadership position in that market.

00

9

1571572005

40 80 120 160 200 MB

2004

2003

YEAR

Anantara Samui Sales

Anantara Resort and Spa Maldives Expected to open in 2006 launchingthe Anantara brand internationally.

To open in 22000066

JW Marriott Phuket Resort & SpaWe increased our stake in this propertyfrom 50% to 100% in 2004 and fullyconsolidated our interest throughout 2005.

551551

711711

7207202005

200 400 600 800 1,000 MB

2004

2003

YEAR

JW Marriott Phuket Sales

Bangkok Marriott Resort & Spa17% gain in average room ratedrove total revenue up by 19% in 2005.

642642

802802

9509502005

200 400 600 800 1,000 MB

2004

2003

YEAR

Bangkok Marriott Sales

Hua Hin Marriott Resort & SpaVisitors to Hua Hin increased in 2005and this resort posted a 17% increasein revenues.

244244

278278

3253252005

100 200 300 400 500 MB

2004

2003

YEAR

Hua Hin Marriott Sales

Pattaya Marriott Resort & SpaStronger occupancy rates and an increasein revenue per available room led toa 12% increase in 2005 revenues.

365365

391391

4384382005

100 200 300 400 500 MB

2004

2003

YEAR

6996992005

200 400 600 800 1,000 MB

2004

2003

YEAR

Pattaya Marriott Sales

Marriot Vacation Club SalesMarriott Vacation Club PhuketConstruction of the Phase 2 timeshares is largelycomplete. We were able to book revenues in 2005.Recognition based on 50% equity method.

Page 4: Annual Report 2005 EN

1.11.1

1.41.4

1.71.72005

1.2 1.4 1.6 1.8 2.0 USD

2004

2003

YEARHarbour View

Our sole Vietnam property continuesto perform well in northern Vietnam.

Minor International Brand Showcase

Harbour View Sales

Boduhuraa in the MaldivesOpened in December 2005 with average

occupancy of more than 60% duringits first two weeks of operation.

Opened in December, 22000055

197197

297297

3163162005

100 200 300 400 500 MB

2004

2003

YEARMSPA International

MSPA opened 5 spas in 2005and our spa business continues

to be our fastest growing business.

MSPA International Sales

5656

5252

58582005

20 40 60 80 100 MB

2004

2003

YEARRoyal Garden Entertainment

Sales up 63% since opening Ripley’s HauntedAdventure in Pattaya in late 2004.

Royal Garden Entertainment Sales

313313

326326

3883882005

100 200 300 400 500 MB

2004

2003

YEARRoyal Garden Plaza

18% increase in sales sinceadding 3,500 sq.m. in lettable space

at our plaza in Pattaya.

Royal Garden Plaza Sales

1,4681,468

1,7571,757

1,8931,8932005

400 800 1,200 1,600 2,000 MB

2004

2003

YEARThe Pizza Company

Currently franchising in nine internationalmarkets having opened 12 outlets in Thailand

and 13 outlets internationally in 2005.

The Pizza Company Sales

811811

966966

1,1041,1042005

300 600 900 1,200 1,500 MB

2004

2003

YEARSwensen’s

Currently franchising in six internationalmarkets with opportunities to expand to33 international markets including India.

Swensen’s Sales

649649

787787

8868862005

200 400 600 800 1,000 MB

2004

2003

YEARSizzler

Leveraging experience and success in Thailandto open four outlets in Beijing in 2005.

Sizzler Sales

395395

501501

5535532005

200 400 600 800 1,000 MB

2004

2003

YEARDairy Queen

Enhanced profitability throughintroduction of successful

“Moolatte” ice coffee concept in 2005.

Dairy Queen Sales

173173

204204

2092092005

50 100 150 200 250 MB

2004

2003

YEARBurger King

With great locations and premium quality,Burger King has developed a loyal

following in Thailand.

Burger King Sales

194194

283283

3303302005

100 200 300 400 500 MB

2004

2003

YEARSelect Service Partner (Thailand) Limited

Preparing to operate at the newBangkok airport and increasing

operations in Thailand’s regional airports.

SSP Sales

157157

204204

2152152005

50 100 150 200 250 MB

2004

2003

YEARMinor Dairy Limited / Minor Cheese Limited

Growing with the success of our the PizzaCompany, Swensen’s and Dairy Queen brands

and beginning to supply third parties.

MDL/MCL Sales

Page 5: Annual Report 2005 EN

Contents

4 Financial Highlights120 ®ÿ¥‡¥àπ∑“ß°“√‡ß‘π

6 Chairman and CEO’sStatement

122 √“¬ß“π®“°ª√–∏“π°√√¡°“√

19 The Thai Hotel andQuick Serve RestaurantSector

135 ¿“§∏ÿ√°‘®‚√ß·√¡·≈–Õ“À“√®“π¥à«π¢Õ߉∑¬

26 2005 Social Contribution142 §«“¡√—∫º‘¥™Õ∫µàÕ —ߧ¡

27 Report of the Board ofDirectors’ Responsibilitiesfor Financial Statements

143 √“¬ß“𧫓¡√—∫º‘¥™Õ∫¢Õߧ≥–°√√¡°“√µàÕ√“¬ß“π∑“ß°““√‡ß‘π

28 Report ofthe Audit Committee

144 √“¬ß“π§≥–°√√¡°“√µ√«® Õ∫

29 Auditor’s Report145 √“¬ß“π¢ÕߺŸâ Õ∫∫—≠™’√—∫Õπÿ≠“µ

30 Financial Statements146 ß∫°“√‡ß‘π

88 Management Discussionand Analysis

205 §”Õ∏‘∫“¬·≈–«‘‡§√“–Àå¢ÕßΩÉ“¬®—¥°“√

97 Connected Transactions215 √“¬°“√√–À«à“ß°—π

100 Nature of Business218 ≈—°…≥–°“√ª√–°Õ∫∏ÿ√°‘®

100 Major of Events in 2005218 ‡Àµÿ°“√≥å ”§—≠„π√Õ∫ªï 2548

101 Risk Factors219 ªí®®—¬§«“¡‡ ’ˬß

103 The 15 Principlesof Good CorporateGovernance

221 °“√ªØ‘∫—µ‘µ“¡À≈—°°“√°”°—∫¥Ÿ·≈°‘®°“√∑’Ë¥’ 15 ¢âÕ

107 Shareholders’ Structure andManagement

225 ‚§√ß √â“ß°“√∂◊ÕÀÿâπ·≈–°“√®—¥°“√

112 Subsidiaries and Affiliates230 ∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑„π‡§√◊Õ

118 Corporate Information236 ¢âÕ¡Ÿ≈∑—Ë«‰ª

The Pizza Company in China

Anantara in Dubai

Anantara in the Maldives

JW Marriot in Phuket

Harbour View Hotel in Vietnam

Page 6: Annual Report 2005 EN

4 Annual Report 2005

MMiinnoorr IInntteerrnnaattiioonnaall PPuubblliicc CCoommppaannyy LLiimmiitteedd

Note :1.

Earnings per share, book value per share, dividend per share and operating cash flow per share for the year 2001-2004

has been restated to reflect a share split from 1 share to 5

ordinary sharesduring the year 2004

and to reflect a share dividend paid to the Company's shareholders during the year 2005.

2.Dividends per share for the year 2005

consist of cash dividend at Baht 0.12

per share and share dividend at Baht 0.10

per share.3.

Dividend payout ratio for the year 2005

consists of cash dividend of 42.17% and share dividend of 34.06%

.

Financial Highlights

2001 2002 2003 2004 2005

Summary of Operations (Million Baht)

Net Sales 2,004 2,595 4,436 7,944 10,045 Total Revenues 2,077 2,749 4,662 8,237 10,443 Gross Profit 1,379 1,779 2,934 5,219 6,702EBITDA 834 1,138 1,439 2,133 2,913EBIT 545 727 782 1,214 1,760Foreign Exchange Gain (Loss) (9) 3 15 14 (2)Net Profit (Loss) 262 346 401 712 1,061Total Assets 6,769 7,319 10,955 14,080 15,445 Total Liabilities 4,045 4,133 6,693 8,425 9,507Interest Bearing Debt 3,217 3,333 5,244 6,401 7,190Total Equity 2,724 3,186 4,262 5,656 5,939Paid up Share Capital 1,359 1,485 2,294 2,477 2,734Net Cash Flow from Operating Activities 546 777 1,119 1,798 2,290

Profitability Ratios (Percentage)

Gross Profit Margin 68.80 68.55 66.14 65.69 66.73 Net Profit Margin 12.60 12.57 8.59 8.64 10.16 Return on Total Assets (ROA) 4.47 4.91 4.38 5.69 7.19 Return on Equity (ROE) 10.45 11.69 10.76 14.36 18.30

Debt to Equity Ratios (Times)

Interest Bearing Debt/Equity Ratio 1.18 1.05 1.23 1.13 1.21 Long Term Debt/Equity Ratio 0.75 0.96 1.10 1.07 1.02 Gearing Ratio 1.49 1.30 1.57 1.49 1.60

Per Share Data (Baht)

Earnings per Share 0.16 0.21 0.22 0.29 0.41 Book Value per Share 2.00 2.15 1.86 2.28 2.17 Dividends per Share 0.08 0.10 0.14 0.10 0.22 Dividend Payout Ratio (%) 68.43 51.90 60.19 59.56 76.23 Operating Cash Flow per Share 0.34 0.48 0.63 0.75 0.92

Share Capital (Thousand Shares)

Par Value 10 5 5 1 1 Registered Ordinary Shares 166,200 332,399 486,886 2,443,145 3,097,854 Registered Preferred Shares - - 40,000 200,000 200,000 Number of Ordinary Shares Outstanding 135,894 297,022 450,214 2,413,258 2,670,136 Number of Preferred Shares Outstanding - - 8,579 63,520 63,520 Number of Weighted Average

Ordinary Shares Outstanding 135,799 275,232 307,673 2,175,323 2,499,430 Number of Weighted Average

Preferred Shares Outstanding - - 8,579 63,520 63,520 Number of Warrants Outstanding

- Offered to existing shareholders 13,442 13,442 12,894 - - - Offered per Employee Stock Option Program 4,718 4,193 2,785 2,314 1,158

Page 7: Annual Report 2005 EN

5Annual Report 2005

MMiinnoorr IInntteerrnnaattiioonnaall PP

uubblliicc CCoommppaannyy LLiimm

iitteedd

MINT'S FINANCIAL RESULTS AND POSITION AT A GLANCE

Consolidated Cash Flow StatementFor the Year Ending 3311 December 22000055

(Baht mn)Net Cash Inflows From Operating Activities 2,290Net Investments / Capital Expenditures (1) (2,967)Net Inflows of Cash From Financing Activities (2) 385Net Changes in Cash & Equivalents (292)

Net Cash & Equivalents on 31 December 2004 606Net Cash & Equivalents on 31 December 2005 314

Consolidated Statement of IncomeFor the Year Ending 31 December 2005

(Baht mn) RevenuesGross Operating Profit 77,,110011S&A Expenses 4,190EBITDA 22,,991111Depreciation & Amortisation 1,153EBIT 11,,775588Interest Expenses 279Earnings Before Taxes 11,,447799Corporate Taxes 358Forex Loss (Gain) (2)Minority Interest 62Net Profit 11,,006611

Retained EarningsFor the Year Ending 3311 December 22000055

(Baht mn)Balance as at 31 December 2004 1,308Total Earnings for 2005 1,061Legal Reserve (89)Other (13)Dividends (3) (509)Balance as at end 31 December 2005 1,758

Consolidated Balance SheetFor the Year Ending 3311 December 22000044

(Baht mn) AssetsCash & Equivalents 606Other Current Assets 1,235Investments & Other 2,082Fixed Assets 10,147Total Assets 14,070

Liabilities & EquityCurrent Liabilities 2,626 Long-term Liabilities 5,789Share Capital, Premium & Reserves 3,066Retained Earnings - net 1,308Minority Interest 1,281Total Liabilities & Equity 14,070

Consolidated Balance SheetFor the Year Ending 3311 December 22000055

(Baht mn) AssetsCash & Equivalents (4) 314Other Current Assets 1,460Investments & Other (5) 3,428Fixed Assets (6) 10,223Total Assets 15,425

Liabilities & EquityCurrent Liabilities 3,468Long-term Liabilities (7) 6,019Share Capital, Premium & Reserves (8) 3,523Retained Earnings - net (9) 1,758Minority Interest (10) 657Total Liabilities & Equity 15,425

NOTES

(1) Additional investment of Baht 907 millioninto subsidiaries and associates,Baht 1,773 million into new PPE andBaht 287 million in others.

(2) Net new financing of Baht 385 millionincluding Baht 23 million in new common shares.

(3) Dividends of Baht 509 million were paidin May 2005, with cash dividend tocommon shareholders of Baht 273 millionor Baht 0.12 per share, cash dividend topreferred shareholders totalling 9 millionand share dividend to commonshareholders of Baht 227 million.

(4) Final cash and cash equivalents ofBaht 314 million also includes a netBaht 20 million overdraft.

(5) Investments & others reflects investmentin projects under development, includingprojects in Samui, Chiang Rai and Phuket.

(6) Total net fixed assets increasedBaht 95 million over the year throughboth new construction of hotel ofBaht 476 million and expansion of FoodGroup of Baht 746 million and reductionfrom depreciation of Baht 1,127 million.

(7) Long-term liabilities rose Baht 230 milliondue to issuance debenture for repaymentshort term and long term borrowing.

(8) The Company's capital base grewBaht 457 million in 2005 throughthe share dividend to existingshareholders and increase in fair valueof investment in Minor Corporation.

(9) Retained earnings increased throughhigher profits in 2005.

(10) Minority interests decreased primarily dueto the increase in investment inFour Seasons Bangkok.

Page 8: Annual Report 2005 EN

6 Annual Report 2005

MMiinnoorr IInntteerrnnaattiioonnaall PPuubblliicc CCoommppaannyy LLiimmiitteedd

Chairman and CEO’s Statement DEAR FELLOW STAKEHOLDERS:

I am delighted to report that 2005 was a breakthroughyear for our Company. Our network of more than 550food outlets and 12 hotels combined for a 27%increase in revenues to Baht 10.4 billion and a 41%increase in earnings per share to Baht 0.41 per share.

With the support of more than 16,000 employeesworldwide and a culture that is passionate aboutproviding products and services that exceed customerexpectations, MINT has entered an exciting new phasein its 30 year history. MINT is becoming a larger, morediversified and more international company and thisenhances our capacity to grow and deliver superiorreturns to shareholders.

Among our many achievements in 2005, I wouldlike to highlight our financial results, internationalexpansion, franchising efforts and our rebrandingstrategy because they illustrate how our company isgrowing, improving and finding new ways to createvalue for its shareholders.

WE DELIVERED A 4499%% INCREASE IN EARNINGS IN 22000055

In 2005, total revenues increased by 27% to Baht 10.4billion and net profits increased by 49% to Baht 1,061million. Earnings per share increased by 41% to Baht0.41 per share and returns on shareholders’ equity

1. William E. Heinecke,Chairman andChief Executive Officer

2. Paul C. Kenny,CEO of the MinorFood Groupwith PratanaManomaiphiboon,CFO and WilliamE. Heinecke,Chairmanand CEO(left to right)

1.

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increased from 14.4% to 18.3%. Although much of ourgrowth came from the acquisition of larger stakes inhotels and the development of additional food serviceoutlets worldwide, we continued to manage andoptimize the performance of our existing businessesand we achieved strong year on year comparablegrowth and higher profit margins.

MINT’s hotel business had an outstanding year aswe fully consolidated our acquisitions of the FourSeasons Bangkok and the JW Marriott Phuket andgained from the first full year of operations atthe Anantara Resort & Spa in Koh Samui. Whilethese projects drove hotel revenues up by 54% toBaht 4,298 million, our existing hotels continued toperform well, achieving an 11% increase in revenueper available room (revpar) with all hotels posting anincrease in total revenue except for one which waspartially closed for renovations for five months.

MINT’s wholly owned food service company, the MinorFood Group, served more than 50 million customersand also performed admirably in 2005 with revenuesincreasing by 10% to Baht 4,793 million. Revenuesincreased due to a 6% increase in same store salesrevenues, the addition of 31 new equity owned andfranchised outlets, and a 26% increase in franchisingfee revenue. Our Pizza Company and Swensen’s brandsmaintained their dominant share of the Thai pizza andice cream markets and their success in China and theMiddle East proves that that they have the capacity tobe globally successful brands.

Our spa, property and entertainment businesses allcombined for revenues of Baht 779 million in 2005,a 17% increase compared to 2004. Our property andentertainment businesses continued to concentrate onoperating two shopping plazas in Thailand while ourspa business, which consists of 16 spas, expandedaggressively in 2005 by opening four new spas inThailand and two new spas internationally. Althoughthe spa business accounted for only 3% of totalrevenue in 2005, it has significant growth potentialand could account for as much as 10% of totalrevenue by 2008.

In 2005, we financed investments and capitalexpenditures with a balanced combination of cashfrom operations, equity and debt. During the year, theThai Rating and Investment Service (TRIS) reviewed

our business model and our financial structure andmaintained our A Minus credit rating.

In January 2006, we were pleased to have the supportof our shareholders when we raised Baht 1.0 billionthrough a rights offering. The proceeds were usedto finance five hotel projects in Thailand and theMaldives and to acquire a 100% stake in our foodservice subsidiary in China. With the proceeds fromrights offering, our debt to equity ratio is currently1.21 and we should be able to achieve our growthtargets in 2006 using our existing asset base.

WE CONTINUED TO EXPAND INTERNATIONALLY

In 2005, international revenue increased by 119% toBaht 147.3 million as we collected fee revenues fromoperating businesses in seven countries compared toonly three in 2004. Although international revenuesaccounted for less than 2% of total revenues, theycontinued to be one of our fastest growing sourcesof revenue and they provide a material boost to netprofits because they are, for the most part, fee or royaltydriven with minimal operating and administrativecosts. Last year, we made our largest internationalinvestments ever by investing almost Baht 480 millionto expand our food business in China and finance theconstruction of three hotels in the Maldives.

2.

Page 10: Annual Report 2005 EN

1.

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9Annual Report 2005

MMiinnoorr IInntteerrnnaattiioonnaall PPuubblliicc CCoommppaannyy LLiimmiitteedd

interest in franchising our Pizza Company brand.With Beijing and more than 20 cities in China havingdemographics that can support our brands, our foodbusiness in China, which will include both equityowned and franchised restaurants, could be as largeas our food business in Thailand by 2010.

Although we invested equity in China and plan tofranchise there in the future, we continued to franchiseour food concepts in other international markets.In 2005, we signed a franchise development agreementfor Saudi Arabia with that country’s largest retailconglomerate, F.A. Al Hokair. With the ability to franchisethe Pizza Company brand anywhere in the world andfranchise or sub-franchise the Swensen’s ice creambrand in more than 33 international markets, weexpect that international food franchising will be majorsource of future revenue and earnings growth.

Food business expanded in ChinaIn 2005, we effectively launched our first equity ownedfood venture outside of Thailand by opening five PizzaCompany and four Sizzler restaurants in Beijing. Theseoutlets, combined with eight LeJazz restaurants thatwe acquired in 2004, increased our total outlets inBeijing to 17 outlets. At the very end of 2005, wereached an agreement to acquire our partner’s stakein the Beijing food business for US$ 770,000 and wecompleted the transaction in February 2006. We nowhave the control and the flexibility we need to expandfurther into China and we hope to have at least 90outlets open and operating in Beijing by the end of2008.

Our food concepts are gaining traction with Chineseconsumers and we plan to franchise them to otheroperators in other Chinese cities. A number of successfulChinese food service operators have already expressed

1. . We havethe right tofranchiseSwensen’sin 33 countriesworldwide

2. WWiilllliiaamm EE..HHeeiinneecckkee at thegrand openingof the first PizzaCompany outletin Philippines

3. One of thefour Sizzleroutlets that weopened inBeijing in 2005

4. Dairy Queensoft serveice cream

4.

3.

2.

Page 12: Annual Report 2005 EN

1.

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11Annual Report 2005

MMiinnoorr IInntteerrnnaattiioonnaall PPuubblliicc CCoommppaannyy LLiimmiitteedd

Hotel and spa businesses expanded to the MaldivesIn 2005, we also made our first significant internationalhotel investment. Through a joint venture with aMaldivian company, we invested in developing andbuilding three resorts in the Maldives. One 50 roomresort opened in December 2005 and the other two,including a 110 room Anantara hotel, are expectedto open in 2006. Our expansion into the Maldivesrepresents the beginning of a long-term plan toexpand to other premier travel destinations in Asiaincluding markets such as Bali, Sri Lanka and Vietnam.

The spa business is already one of our fastestgrowing and most international businesses. In 2005,we opened one spa in Tanzania and one in theMaldives. In 2006, we will open 13 new spasincluding two in China, one in the Maldives, one inTanzania and one in the UAE. By the end of 2006,we expect to have at least 29 spas with nine locatedoutside of Thailand.

1. We willmanage a 279room Anantarahotel in Dubaiwhen it opensin late 2007

2. Spa is oneof our fastestgrowingand mostinternationalbusiness

2.

CONSOLIDATED REVENUES(Million Baht/Year)

NET PROFIT(Million Baht/Year)

22000011 22000022 22000033 22000044 22000055

10,443

2,077

4,662

8,237

2,749

22000011 22000022 22000033 22000044 22000055

1,061

262

401

712

346

Page 14: Annual Report 2005 EN

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13Annual Report 2005

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WE EXPANDED OUR CAPACITY FOR “ASSET LIGHT”GROWTH

In 2005, we expanded our food and hotel businessesby franchising our own food brands and by sellinghotel management services. Food service investors areeager to franchise the strength and success of ourPizza Company and Swensen’s food brands. Hotelowners want to use our Anantara hotel brand and areasking us to draw on our 30 years of experience inhotel operations to manage their hotels for them.

With such strong demand for our brands andmanagement expertise, we are taking advantage ofthis opportunity to meet new customer needs byselling franchising rights and management services.These initiatives require minimal up front investmentand they generate relatively high profit margins. Theyadd an “asset light” dimension to our traditionallyasset intensive business model and allow us to growthe Company faster with higher profit margins andincreased shareholder returns.

Franchising our leading food brands domestically andinternationally Although we have been franchising our Pizza Companybrand and sub-franchising our Swensen’s Ice Creambrand in Thailand and internationally since 2003,2005 was our most successful year ever in terms offranchising. In 2005, total franchised Pizza Companyand Swensen’s outlets increased from 40 to 76 andtotal food franchising fee revenue increased from Baht124 million to Baht 157 million.

In October, we held our first annual Thai franchiseeconference in Bangkok for our 21 Pizza Company and24 Swensen’s franchisees. The franchisees are amongour most important strategic partners and theysuccessfully complement our system of 482 equityowned outlets. Their hunger for success and passionfor our brands are allowing us to grow faster andcreate additional value for our shareholders.

1. One ofthe five PizzaCompanyoutlets that weopened inBeijing in 2005

2. The PizzaCompany andSizzler brandslight up thenight in Beijing

2.

Page 16: Annual Report 2005 EN

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15Annual Report 2005

MMiinnoorr IInntteerrnnaattiioonnaall PPuubblliicc CCoommppaannyy LLiimmiitteedd

Managing hotels under our Anantara hotel brandname Like our food business, our hotel business is alsogrowing using less asset intensive strategies. We haveofferd our hotel management capabilities to hotelowners worldwide. In 2005, we signed agreements tomanage hotels in the Maldives and Dubai and signeda letter of intent to mange a hotel in Bali. Hotellicensing and management fees will increase over thenext several years and will be an important source ofrecurring income in the future.

WE BECAME A SINGLE LISTED COMPANY, MINORINTERNATIONAL

In early 2005, Royal Garden Resorts acquired anddelisted the Minor Food Group and re-branded itselfas Minor International (MINT). This reorganizationeffectively transformed MINT into a larger and morediversified company with the financial resourcesto expand multiple food and hotel businessesinternationally.

Although many of the benefits of this transformationwill be realized over the next several years, we have

already found that the delisting and rebrandingenhanced our profile as a public company. Althoughwe consolidated the financial results of the MinorFood Group in both 2004 and 2005, the delistingallowed investors to focus exclusively on MINT andits larger, more diversified and more dynamic portfolioof businesses.

Following the delisting and rebranding in early 2005,MINT’s market capitalization (excluding treasury stock)has increased by more than 150% to more thanBaht 20 billion. The Stock Exchange of Thailand alsoincluded MINT in its SET 100 index of Thailand’s top100 companies by market cap, free-float and turnover.

While it may have taken a delisting, a rebrandingand strong financial performance last year to enhanceMINT’s profile with investors, we were recognized byForbes for our ability to consistently reward shareholderswith 26% average EPS growth and a 15% averagereturn on equity over the past five years. In October,MINT was selected by Forbes as one of Asia’s top200 publicly listed companies with total sales underUS$ 1 billion. Paul Kenny, who is the CEO of the MinorFood Group, proudly accepted the award on MINT’sbehalf at an awards ceremony in Singapore.

1. A massageat Four SeasonsTented Campwhich openedin January 2006

2. Our AnantaraResort in theMaldives will beopened in 2006

2.

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1.

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WHAT’S NEXT?

In 2006, we plan to open two new resorts in theMaldives and a new resort in Samui. We plan toexpand our worldwide system of food outlets from558 to 663 with equity owned food outlets in Chinaexpanding from 16 to 37 and we expect to double thesize of our spa business.

Meanwhile, we are considering a number of excitinggrowth opportunities for implementation in late 2006or in 2007 and will continue to search for and identifyopportunities that enhance the position of our corebusinesses and create value for our shareholders.With our core businesses growing larger and expandinginternationally and the freedom to develop andexpand our own Pizza Company and Anantarabrands, we are now extremely well positioned to takeadvantage of opportunities that never existed before.Today, we are moving “fast forward” with ambitionsto double sales and profits over the next three years.

As we double in size, expand internationally andengage in a wider range of businesses, there willindeed be significant challenges. Among the manychallenges, finding the right people to manage ourincreasingly global businesses while preserving ourentrepreneurial and passionate business culture willbe cirtical. We also have to develop the managementsystems to support our larger and more diversebusinesses.

We recognize that we have to constantly reevaluateour commitments and respond quickly in order tominimize risks because these are uncertain times,our businesses are intensely competitive, and we

operate in fragile international markets. Conservativemanagement practices have been, in part, responsiblefor our success historically despite events such as theAsian economic crisis, SARS and the tsunami andwhile we intend to move “fast forward”, we will do soprudently and deliberately.

On behalf of the shareholders, I would like toextend our thanks and appreciation to our directors,management and staff. They are transforming MINTinto an increasingly more international companywith the capacity to take advantage of a wider rangeof growth opportunities. MINT’s transformation andsuccess in 2005 would not have been possiblewithout their passion to build the world’s mostsuccessful food and hotel company. As we move“fast forward”, I have great faith in their ability totake the Company to higher levels and achieveeven greater results in the future.

William E.Heinecke,Chairman and Chief Executive OfficerMarch 2006

REVENUE SHARE BY DIVISION

Hotel 4411%

Food andBeverage 4466%

Other 66%

Spa 33%

Property andEntertainment 44%

2.

1. OurBoduhuraa resortin the Maldivesopened inDecember 2005

2. Paul C. Kenny,CEO of the MinorFood Group,after acceptingthe award fromForbes reconizedMINT as one ofthe Asia’s bestcompanies withsales under US$1 billion

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Sunset on the Mekong river at the Four Seasons Tented Camp in Chiang Rai

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HOTEL SECTOR OVERVIEW

Thailand’s hotel industry experienced an uncertainstart to the year 2005 following the tsunami whichstruck on 26 December 2004. Although there wassignificant damage in the Khao Lak region north ofPhuket and some of the offshore islands such as KohPhi Phi, much of Phuket as well as all of Thailand’sother primary tourist destinations were thankfullyspared.

In 2005, foreign tourist arrivals to Thailand were upby approximately 3% to 12 million but there was a30-40% decrease in visitors to Phuket. While thedevastation caused by the tsunami discouraged travelto Phuket, tourists visiting Thailand showed a strongerpreference for other destinations such as Koh Samui,Hua Hin, Pattaya and Chiang Mai. These destinationsexperienced a sharp increase in visitors and all of ourhotels in these locations outperformed the previousyear with higher occupancy rates and increasedrevenues.

Today, Phuket continues to recover from the tsunamifollowing a strong December/January peak season atthe end of 2005. With Phuket recovering and touristsmore aware of alternative destinations, the Thai hotelindustry has, in our view, achieved a healthier balanceas tourists have begun to recognize that Thailandoffers a wide variety of great places to visit.

DEVELOPMENT OF THE THAI TOURLIST MARKET

Year International Visitors Average Spending(million) (Growth %) Stay (days) (THB/day)

1999 8.58 10.5% 7.96 3,705

2000 9.51 10.8% 7.77 3,861

2001 10.06 5.8% 7.93 3,948

2002 10.80 7.3% 7.98 3,754

2003 10.00 -7.6% 8.19 3,774

2004 11.65 16.5% 8.13 4,058

2005 (as of Nov. 05) 12.00 3.0% 8.10 4,150

2006 (Forecast) 13.20 10.0% 8.20 4,300

Source: Tourism Authority of Thailand

The Thai Hotel SectorHotel Sector Overview, Performance Hightlights and 2006 Development Plans

HOTEL PERFORMANCE

MINT’s hotel business had an outstanding year in2005 with total revenues up by 54% to Baht 4,298million. In 2005, we gained from investments we madein 2004 as we were able to fully consolidate our

acquisitions of the Four Seasons Bangkok and theJW Marriott Phuket and benefit from the first full yearof operations at the Anantara Resort & Spa in Samui.While investments were a key factor behind thesuccess of the hotel business in 2005, we achievedfavorable fundamental growth throughout the yearwith the average revpar for all of our hotels increasingby 11% in 2005 compared to 2004.

AnantaraOur efforts to expand our own premium Anantarabrand resorts expanded in 2005 with the first fullyear of operations for our Anantara Resort and Spain Koh Samui. Average occupancy at the AnantaraKoh Samui was 46% in 2005 which is excellent fora hotel during its first year of operations. Our Anantararesort in Hua Hin had its best year ever with revenuesincreasing by 28% and an average occupancy rateof 76% compared to 61% the previous year. And inChiang Rai, where our Anantara resort first openedthe Golden Triangle to luxury resorts in 2003, averageoccupancy increased from 35% to 40% and revenuesincreased by 14% in 2005.

Anantara’s success in Hua Hin, Chiang Rai and nowthe high profile Koh Samui market shows that theAnantara brand has the capacity to be a globallysuccessful hotel brand. In 2005, we entered intocontracts to manage hotels in Dubai and Bali underthe Anantara brand. We will open a 110 room Anantarain the Maldives in 2006 and expect to have at leastseven Anantara resorts operating globally by the endof 2007. We are pleased with the international successof our own Anantara hotel brand as it not onlysupports our plans to expand our portfolio of equityowned resorts but it also provides us with additionalrevenue generating hotel management opportunities.

MarriottAmong our three hotel brands, we are particularlypleased with the performance of our three Marriottresorts in Bangkok, Pattaya and Hua Hin and ourJW Marriott in Phuket. These four hotels account formore than 60% of our total hotel revenue. Relativeto our Anantara and Four Seasons resorts, our threeMarriott resorts posted the strongest year on yearimprovements in occupancies, revpar, and totalrevenue. The success of our Marriott resorts is due, in

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part, to an increase in visitors to Bangkok, Pattayaand Hua Hin but it also reflects our dedication tomanaging and marketing these properties to achieveoptimal financial results.

At our JW Marriott in Phuket, we own 100% ofthe 265 room JW Marriott Phuket and have a 50%stake in the Marriott Vacation Villas which iscurrently Marriott’s only timeshare property inAsia. Although many of the resorts in Phuketsuffered low occupancy rates and a decline inrevenues following last year’s tsunami, our JWMarriott performed relatively well with revenuesincreasing by 1% in 2005 compared to 2004. In 2005,we increased our stake in the timeshare projectfrom 15% to 50%, expanded the timeshare propertyfrom 60 to 144 units and recorded Baht 7o millionin revenue from timeshare sales. Since its inceptionin 2002, were have been pleased with the successof this Marriott branded hotel and timeshareproperty and we may expand further with 133 moretimeshare units in 2007.

Four SeasonsOur Four Seasons resorts in Chiang Mai and Bangkokalso performed well in 2005. The Four Seasons inChiang Mai posted an 8% increase in revenue andcontinues to be the top luxury resort in Northern

Thailand. The Four Seasons in Bangkok had a goodyear with only a 2% decrease in revenues despitehaving to close 40% of its rooms between April andAugust for scheduled renovations. The balance of therenovations will take place in 2006.

In 2005, we expanded our strong relationshipwith Four Seasons through the development andconstruction of the 15 room Four Seasons Tent Campin Chiang Rai, which opened in January 2006, and aproposed 60 room Four Seasons resort in Koh Samui,which is scheduled to open in 2006.

HOTEL DEVELOPMENT ACTIVITIES AND PLANS

While the hotel business posted strong sales andearnings growth in 2005 due to investments wemade in 2004, we worked on the development andconstruction of five additional resort propertiesthroughout 2005. These properties included threeresorts in the Maldives, one in Chiang Rai and onein Samui and they should all contribute to highersales and earnings in 2006 and 2007.

AVERAGE OCCUPANCY (%)

2000 2001 2002 2003 2004 2005

Bangkok Marriott Resort & Spa 75.9% 71.3% 72.4% 67.4% 82.5% 86.4%

Pattaya Marriott Resort & Spa 77.6% 75.6% 77.6% 74.3% 74.3% 80.4%

Hua-Hin Marriott Resort & Spa 64.2% 76.5% 80.6% 71.4% 72.4% 80.7%

JW Marriott Phuket Resort & Spa 0.0% 0.0% 46.4% 67.1% 76.6% 67.0%

Anantara Resort & Spa Hua Hin 64.4% 65.2% 59.8% 53.3% 61.0% 76.1%

Anantara Resort & Spa Golden Triangle 0.0% 0.0% 37.3% 34.3% 35.0% 40.3%

Anantara Resort & Spa Samui 0.0% 0.0% 0.0% 0.0% 0.0% 45.7%

Four Seasons Resort Chiang Mai 64.0% 64.1% 57.0% 47.2% 59.7% 59.0%

Four Seasons Hotel Bangkok 64.7% 61.0% 67.5% 59.1% 71.3% 63.4%

RG Harbourview 24.6% 32.0% 34.6% 32.8% 42.8% 45.8%

AVERAGE ROOM RATE (THB / NIGHT)

2000 2001 2002 2003 2004 2005

Bangkok Marriott Resort & Spa 2,304 2,709 2,731 2,792 2,951 3,444

Pattaya Marriott Resort & Spa 1,925 2,132 2,273 2,569 2,798 3,101

Hua-Hin Marriott Resort & Spa 2,135 2,146 2,375 2,723 3,065 3,194

JW Marriott Phuket Resort & Spa - - 3,743 4,035 4,727 5,561

Anantara Resort & Spa Hua Hin 2,477 2,741 3,295 3,494 3,669 3,814

Anantara Resort & Spa Golden Triangle - - 2,384 3,094 4,173 4,756

Anantara Resort & Spa Samui - - - - 5,639

Four Seasons Resort Chiangmai 9,795 10,988 11,422 10,267 11,008 12,115

Four Seasons HotelBangkok 4,680 4,977 4,858 4,767 5,139 5,665

RG Harbour View (USD) 26 27 30 32 34 42

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In the Maldives, we worked on the development andconstruction of three resorts with our Maldivian jointventure partner during most of 2005. In December2005, we successfully opened the 50 room BoduhuraResort and we are on schedule to open two morehotels with a total capacity of 130 rooms in 2006.This will include a 110 room resort that will openunder the Company’s own Anantara hotel brand. Ourventure into the Maldives represents an exciting newmarket for our expanding international hotel businesswhich has historically focused on Thailand.

In Chiang Rai, we focused on the developing the 15room Four Seasons Tent Camp which opened inJanuary 2006. The Tent Camp is a premier luxury resortthat is managed by the Four Seasons and located inthe Golden Triangle Region of Chiang Rai on a remotesite along the Mekong River where the borders ofThailand, Laos, and Myanmar intersect. This resort willprovide guests with an experience unlike any availableat Thailand’s other leading tourist destinations andstrengthen our leading position among luxury hotelcompanies in northern Thailand.

In Samui, we worked on the development andconstruction of a 60 room resort and 15 villa residencesduring most of 2005. Both the resort and theresidences will most likely open under the FourSeasons brand name in 2006 and meet Samui’s needfor a premium luxury resort. We will own 100% of theresort and sell the 15 villa properties over timestarting in early 2006. This effort to develop andsell residential properties in association with thedevelopment of a resort is consistent with what wehave done successfully in the past at our Four Seasonsin Chiang Mai and our JW Marriott in Phuket.

We are currently considering a number of excitingresort development projects for implementation in late2006 or 2007. In December 2005, we acquired 66 rainext to our existing JW Marriott and Marriott timeshareproperties in Phuket and we plan to develop an 88room pool villa resort and 133 two bedroom timeshareproject at that location by the end of 2007. In additionto the land we acquired in Phuket, we also acquiredthe right to a leasehold property in Bangkok next toour Four Seasons hotel to support the development ofat least one multipurpose property that will include ahotel and/or service apartments and residential units.

HOTEL DEVELOPMENT PLAN 22000022--22000077

2002 2003 2004 2005 2006 2007

Bangkok Marriott Resort & Spa 413 413 413 413 413 413

Pattaya Marriott Resort & Spa 290 290 290 293 293 293

Hua-Hin Marriott Resort & Spa 216 216 216 216 216 230

JW Marriott Phuket Resort & Spa 265 265 265 259 259 259

Anantara Resort & Spa Hua Hin 198 187 187 187 187 187

Anantara Resort & Spa Golden Triangle 110 90 90 77 77 77

Anantara Resort & Spa Samui - - 106 106 106 120

Four Seasons Hotel Chiangmai 80 80 80 80 80 80

Four Seasons Hotel Bangkok 356 356 356 340 340 340

Four Seasons Tented Camp - - - 15 15 15

Four Seasons Resort Koh Samui - - - - 60 60

Total Rooms - Own Equity 1,928 1,897 2,003 1,986 2,046 2,074

Marriott Phuket Beach Club 60 60 60 144 144 277

Boduhura Hotel Maldives - - - 50 50 50

Naladhu Resort Maldives 20 20

Anantara Fushi Maldives - - - - 110 110

Luxury Hotel Phuket 88

Total Rooms - Joint Venture 60 60 60 194 324 545

RG Harbour View, Vietnam * 127 127 127 122 122 122

Bali Cliff and Anantara Spa * 176 176

Luxury Hotel Dubai I * 279

Luxury Hotel Dubai II * 198

Chiang Mai * 119

Total Rooms - Hotel Operator 127 127 127 122 298 894

Total Number of Rooms 2,115 2,084 2,190 2,302 2,668 3,513

* under hotel noted management contracts

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FOOD SECTOR OVERVIEW

2005 was another outstanding year for the Thai foodservice industry as it matched the remarkable gainsachieved in 2004. In 2005, we estimate that foodservice sector growth was approximately 10% despitedeclining GDP growth in 2005 and extraordinarilyhigh same store sales growth in 2004. The year 2004was unprecedented with 10-12% same store salesgrowth for nearly all industry players because concernsover avian flu encouraged consumers to shift tohigher quality, chain restaurant operators. In 2005, weestimate that industry wide same store sales growthwas only 6-8%.

During the second quarter of 2005, decliningconsumer confidence due to rising oil prices andslower economic growth forced Thai consumers atall income levels to become more price/value sensitiveand industry players had to respond quickly to meetmore conservative consumer desires. Since the second

quarter, there has been little change in the Thaiconsumer and QSR restaurant operators continue toface the challenge of offering products and promotionsthat meet changing demands.

In 2005, the light food category was the fastestgrowing segment with ice cream, coffee, and donutsall enjoying strong growth. Our Swensen’s andDairy Queen ice cream brands enjoyed 14% and10% increases in revenues, respectively. The chickensegment, which had fallen from 38% to 34% of theThai QSR market due to the avian flu in 2004,stabilized at 33% market share and pizza maintainedits position as Thailand’s second largest QSR segmentwith 20% market share.

For 2006, we expect that growth will be 8-10%, whichis slightly lower than growth was in 2005. We shouldsee similar year on year same store sales growth and

The Quick Serve Restaurant(“QSR”) SectorFood Sector Overview, Performance Hightlights and 2006 Development Plans

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FOOD PERFORMANCEOur branded food service operations with 558restaurants under the Minor Food Group (“MFG”)recorded a 10% increase in total revenues toBaht 4,793 million. Revenues were up by 10%compared to 2004 due to a 6% increase in same storesales, the addition of 31 new equity owned outletsand franchising fees which increased by 26% to Baht157 million. With the exception of our food businessin Beijing, which is well on its way to achievingprofitable economies of scale, all of our food brandswere more profitable in 2005 compared to 2004.

The major highlight of the year was our continuedexpansion into China. In 2004, we acquired an indirectstake in Beijing LeJazz which was operating a numberof casual dining concepts in Beijing and owned bythe investment arm of AIG from the United States.In 2005, Beijing LeJazz opened five Pizza Companyoutlets and four Sizzler outlets in Beijing. At the endof 2005, we acquired AIG’s stake in the businessfor US$ 770,000 and we now have the control andthe flexibility we need to expand further into China.

COMPARATIVE MARKET SHARE IN THAI QSR MARKET

2003 2004 2005 F(Revenue In THB thousand) Revenue (%) Revenue (%) Revenue (%)

Chicken 5,588,671 37.2% 5,701,130 33.8% 6,125,716 32.8%

Hamburger 2,301,442 15.3% 2,518,910 14.9% 2,696,903 14.5%

Pizza 2,692,365 17.9% 3,305,640 19.6% 3,703,428 19.8%

Ice Cream 1,591,806 10.6% 1,866,147 11.1% 2,230,100 12.0%

Others (incl Sizzler) 2,837,357 18.9% 3,489,783 20.7% 3,904,927 20.9%

Total Market 15,011,641 100.0% 16,881,610 100.0% 18,661,074 100.0%

MFG PCL 3,981,770 26.5% 5,094,400 30.2% 5,840,600 31.3%

Source: Ministry of Commerce and industry estimates, MFG sales includes its own domestic franchisees

concepts will find success with a small but growingsegment of more sophisticated, higher incomeconsumers.

somewhat lower restaurant outlet growth. Massmarket food operators will be challenged to meetincreasingly conservative customer expectations andrecently introduced premium ice cream and pizza

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OUR BRANDSThe Pizza Company achieved an 8% increase inrevenues with 6% same store sales growth and theaddition of 10 equity owned and 15 franchised outlets.In 2005, the Pizza Company added 12 new outlets inThailand and 13 outlets internationally including fiveequity owned outlets in China. We introduced thePizza Company for the first time China, the UAE,Cambodia and the Philippines. At the end of 2005, wehad 164 Pizza Company outlets operating globallywith 146 in Thailand and the remainder in China andfour other international markets.

Swensen’s, our premium ice cream brand, alsoachieved great results in 2005 with its revenuesincreasing by 15% on the back of 9% comp growthand the addition of 26 equity owned and franchisedoutlets worldwide. We opened 5 new equity and 17new franchised outlets in Thailand and four newfranchised outlets in UAE. Although we had only twofranchisees operating Kuwait and the UAE at the endof 2005, we have already entered into franchiseagreements for a number of other markets includingQater, Oman, Bahrain and Saudi Arabia. We expect

Swensen’s to break into these markets in 2006. InDecember, we signed an agreement with Kayla Foods,the owner of the Swensen’s brand, to expand ourfranchise and sub-franchise rights from 19 countries to33 countries worldwide including India.

Sizzler, our branded steakhouse restaurant, achieved12% growth in revenues in 2005 due to 4% compgrowth and the addition of three outlets in Thailandand four in China. Through our one year old jointventure with the parent company of Sizzler, we expectto open four more outlets in Beijing in 2006 andfranchise Sizzler to other restaurant developers inother Chinese cities from 2007.

Our Dairy Queen and Burger King franchises, whichoperate exclusively in Thailand, had same store salesgrowth of 2% and 10%, respectively and combined forrevenue of Baht 814 million in 2005 which was anincrease of 8% compared to 2004. Both Dairy Queenand Burger King were at least 100% more profitable in2005 relative to 2004. The success of Dairy Queen andBurger King illustrates our dedication to managing

1. The PizzaCompany has18 outletsoperatingoutside ofThailandincluding thisoutlet in Beijing

1.

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and optimizing the profitability and performance ofour existing businesses while pursuing considerablyhigher profile opportunities to expand through thedevelopment of new outlets.

FOOD DEVELOPMENT ACTIVITIES AND PLANSIn 2006, we plan to expand from 558 to 663 outletssystemwide with 45 additional outlets in Thailand and60 new outlets internationally. Almost 70% of these105 new outlets will open as franchised rather than asequity owned outlets.

We will continue to invest in expanding BeijingLeJazz and we plan to increase the number of PizzaCompany and Sizzler outlets from 9 to 20 and havemore than 37 outlets (including the LeJazz brand)operating in Beijing by the end of 2006. Beijing LeJazzis well on its way to achieving profitable economies ofscale with successful brands that have the capacity toexpand to other cities in China.

We will support the continued franchising of ourPizza Company and Swensen’s brands globally. We willwork closely with our existing franchisees as theydevelop additional outlets in their exclusive territories.In 2006, we expect that our existing franchisees willopen 38 more Pizza Company and Swensen’s outletsand be operating in at least 12 countries worldwide.

We will enter into additional franchise developmentagreements with other restaurant company / investorsfor other territories. In 2006, we plan to enter intofranchise development agreements for several cities inChina and for a number of countries including India,Laos, Iran, Egypt, Labanon and Pakistan.

We will continue to pursue opportunities to acquireice cream, café/snack, coffee, bakery or donut/lightsnack concepts that have strong potential applicationsin Thailand as well as in key international marketssuch as China, India and the Middle East.

MFG SYSTEMWIDE OUTLET DEVELOPMENT PROGRAM

Equity 2003 2004 2005 2006F 2007F

The Pizza Company - Thailand 114 115 122 126 137

The Pizza Company - China - - 5 12 22

Swensens’ 97 100 105 109 114

Sizzler - Thailand 22 24 27 31 35

Sizzler - China - - 4 8 11

Dairy Queen 142 169 176 176 181

Burger King 17 16 16 17 20

Others 16 19 19 19 19

Lejazz - 8 8 17 22

Total Outlets - Equity 408 451 482 515 561

Franchise 2003 2004 2005 2006 2007

The Pizza Company - Local Franchise 13 21 28 42 51

The Pizza Company - International Franchise 1 3 11 39 82

Total The Pizza Company 14 24 39 81 133

Swensens’ - Local Franchise - 12 29 47 57

Swensens’ - International Franchise - 4 8 18 32

Total Swensens’ - 16 37 65 89

Sizzler - International Franchise - - - - 5

Total Sizzler - - - - 5

Lejazz - - - 2 2

Total Outlets - Franchise 14 40 76 148 229

Total Outlets 422 491 558 663 790

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CommunityActivitiesAs our businesses continue to expand, our presenceand therefore our responsibility as members of thecommunities in which we operate becomes larger.

Following the devastation of the tsunami which struckThailand’s southwestern coastal areas on 26 December2004, MINT partnered with Minor Corporation (MINOR)to create the MINOR Tsunami Recovery Fund whichendeavored to support the efforts to rebuild the lives,homes, businesses and families of all those who hadbeen affected. We encouraged all of our employees andhotel guests to make voluntary contributions and eitherMINT or MINOR matched these contributions dollar fordollar.

Funds from the MINOR Tsunami Recovery Fund havebeen used to support redevelopment efforts in theaffected areas with a particular emphasis on theMogon sea gypsy village on the island of Prathongnear Khao Lak. Funds have been used to help thiscommunity rebuild schools and homes and to purchasesix new boats for fishermen who had lost theirlivelihoods in the tsunami.

In addition to Tsunami Recovery Fund, MINT supportedan educational development program at Baan Nong

Kham School in Prachuab Khiri Khan Province called LabSchool. MINT, Minor Corporation and the Thai Ministryof Education jointly developed three programs for thestudents including an English language improvementprogram, a computer literacy program, and a modellibrary. The total cost of this project, which was sharedby MINT and Minor Corporation, was Baht 2 million.

Apart from the above charitable programs, we continuedto support the communities where we do business in avariety of ways. Among our more prominent communityactivities are the internationally renowed King’s CupElephant Polo Tournament in Hua Hin which is organizedby the Anantara Resort in Hua Hin. Now in its fifth year,this event continues to expand, raising both the profileof Hua Hin as well as over Baht 5 million to supportresearch and treatment for elephants.

In Phuket, the Mai Khao Turtle Foundation raised Baht6 million to be used to support research and the seaturtle hatchery near our JW Marriott Resort in Phuket.

In Bangkok, MINT continued to support what we call“Founder’s Day” which takes place on June 4th every yearand encourages staff from each business unit withinMINT to take half a day away from the office to supportvarious charitable organizations.

MINT also hosted other activities including donations toUNICEF and the award of scholarships from the Roy E.Heinecke Foundation confirm the Company’s position asan integral part of the life of the broader communitiesin which we operate.

1. The Roy E.HeineckeFoundationprovides scholarships tofinanciallydisadvantagedstudents inThailand.

2. The King’s CupElephant PoloTournament, whichis organized by theAnantara Resortand Spa in HuaHin, has raised todate over Baht 5million for the ThaiElephantConservation Center

3. The MinorTsunami RecoveryFund donated boatsto communities thatwere devastated bythe Tsunami

3.

2.

1.

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Report of the Boardof Directors’ Responsibilitiesfor Financial Statements

The Board of Directors of Minor International Public Company Limited is responsible for the financial statementsof the Company and subsidiaries which have been prepared in accordance with generally accepted accountingstandards in Thailand. The policies pursued are deemed appropriate and applied consistently with adequatedisclosure of important information in the notes to the financial statements.

The Board has appointed an Audit Committee comprising independent members to provide effective oversightof finances and the internal control system to ensure that accounting records are accurate, complete andtimely, to prevent fraud and materially irregular operations. The views of the Audit Committee are reportedin the Committee’s report in this annual report.

The Board is confident that the internal control system of Minor International Public Company Limited andsubsidiaries presents the financial position, results, operations, and cash flow accurately.

William E. HeineckeChairman of the Board of Directors

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The Audit Committee of Minor International Public Company Limited is comprised of three independentdirectors. The Company’s Chief Financial Officer and Internal Audit Manager serve as ex-officio members. TheAudit Committee is empowered by the Board of Directors to examine all matters relating to the financial statusof the Company, and its internal and external audits. The Committee pursues and promotes good corporategovernance by actively creating awareness and providing advice to management on sound risk management andinternal control practices.

For the year 2005, the Audit Committee held four meetings to review the Company’s consolidated financialstatements which had been certified by the external auditor and to discuss other related activities of theCompany in compliance with the rules and regulations of the Stock Exchange of Thailand (SET) as well as goodinternal control practice.

In such meetings, the Audit Committee met independently with the management and the internal and externalauditors of the Company, conducted reviews and evaluations of accounting policies, the procedures relative tothe accounting policies, the internal control assessment, and the audit plan. The Audit Committee also verifiedand accepted the consolidated financial statement for every quarter-end 2004-2005 and provided assessmentsand recommendations to the Board of Directors. Where weaknesses were identified in internal controls,corrective action plan has been taken to eliminate or reduce the associated risks.

The Internal Audit Department serves to identify and verify business risks and control weaknesses within theCompany by carrying out audit activities systematically across the Company and its subsidiaries. The reports oncompliance with good internal control practice and procedures with recommendations were discussed with therelevant management team to incorporate their agreed action plans and submitted to senior management andthe Audit Committee. Furthermore, the Internal Audit Department manager has held regular meetings with theChairman of the Audit Committee to give updates on audit results. The Audit Committee is fully committed toensure that both corrective and preventive actions are taken in an effective and timely manner.

In addition, the Internal Audit function also served as a facilitator to the Company’s Risk Management program.During 2005, the team has completed three risk management projects – one at the corporate level and othersat two of the subsidiary hotels. The team will continue to roll out the risk management activities to the otherbusiness units in the upcoming years as well as to review the implementation of action plans identified.

Accordingly, in our opinion, the internal controls of the Minor International Plc. operated effectively throughoutthe year to ensure that the Company’s assets were safeguarded, proper accounting records were maintained,and resources were utilized efficiently. The Audit Committee has recommended to the Board of Directors thatPricewaterhouseCoopers ABAS be reappointed as the Company’s auditor for the financial year ending December31, 2006. The re-appointment of the audit firm and acceptance of its fees will be subjected to the approval ofthe shareholders as the Annual General Meeting to be held on April 18, 2006.

Kenneth L. WhiteChairman of the Audit Committee

Report ofthe Audit Committee

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To the Shareholders of Minor International Public Company Limited(formerly “Royal Garden Resort Public Company Limited”)

I have audited the accompanying consolidated and Company balance sheets as at 31 December 2005 and 2004,and the related consolidated and Company statements of income, changes in shareholders’ equity and cashflows for the years then ended of Minor International Public Company Limited and its subsidiaries, and ofMinor International Public Company Limited, respectively. The Company’s management is responsible for thecorrectness and completeness of information in these financial statements. My responsibility is to express anopinion on these financial statements based on my audits.

I conducted my audits in accordance with generally accepted auditing standards. Those standards require thatI plan and perform an audit to obtain reasonable assurance about whether the financial statements are free ofmaterial misstatement. An audit includes examining, on a test basis, evidence supporting the amounts anddisclosures in the financial statements. An audit also includes assessing the accounting principles used andsignificant estimates made by management, as well as evaluating the overall financial statement presentation.I believe that my audits provide a reasonable basis for my opinion.

In my opinion, the consolidated and Company financial statements referred to above present fairly, in allmaterial respects, the consolidated and Company financial positions as at 31 December 2005 and 2004, andthe consolidated and Company results of operations and cash flows for the years then ended of MinorInternational Public Company Limited and its subsidiaries, and of Minor International Public Company Limited,respectively, in accordance with generally accepted accounting principles.

Kajornkiet AroonpairodkulCertified Public Accountant (Thailand) No. 3445PricewaterhouseCoopers ABAS Limited

Bangkok15 February 2006

Auditor’s Report

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Balance sheetAs at 31 December 2005 and 2004

The notes to the consolidated and Company financial statements on pages 40 to 87 form an integral part of the financial statements.

Consolidated Company

2005 2004 2005 2004Notes Baht Baht Baht Baht

ASSETS

Current assets

Cash and cash equivalents 4 333,732,061 615,708,529 9,552,286 10,049,253

Short-term investments 5 249,809,282 252,840,623 - -

Trade accounts receivable, net 6 504,656,811 441,046,787 35,744,726 31,234,368

Amounts due from related companies 11 15,454,615 24,824,127 108,148,470 105,986,922

Inventories, net 7 340,124,650 257,291,469 3,345,003 2,770,489

Other current assets 8 349,733,054 259,588,188 9,372,548 5,166,966

Total current assets 1,793,510,473 1,851,299,723 166,163,033 155,207,998

Non-current assets

Advance for share subscription in related companies 2,465,100 2,933,145 - -

Long-term loans to related companies 11 376,248,541 191,977,882 2,689,398,517 1,876,753,255

Investments - equity method 9 301,954,123 126,911,919 8,088,929,262 6,742,632,392

Other long-term investments, net 10 295,791,554 188,531,792 40,857,300 21,250,910

Land held for future development and

projects under development 12 858,963,315 170,562,243 - -

Property, plant and equipment, net 13 10,222,963,360 10,127,655,419 474,115,847 490,488,726

Intangible assets, net 14 1,263,610,758 1,124,745,175 - -

Other non-current assets 15 329,632,480 295,528,388 23,379,988 27,258,055

Total non-current assets 13,651,629,231 12,228,845,963 11,316,680,914 9,158,383,338

Total Assets 15,445,139,704 14,080,145,686 11,482,843,947 9,313,591,336

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Balance sheet (Cont’d)As at 31 December 2005 and 2004

The notes to the consolidated and Company financial statements on pages 40 to 87 form an integral part of the financial statements.

Consolidated Company

2005 2004 2005 2004Notes Baht Baht Baht Baht

LIABILITIES AND SHAREHOLDERS’ EQUITY

Current liabilities

Bank overdrafts and short-term loans from

financial institutions 16 768,582,602 440,409,295 654,792,032 434,630,461

Trade accounts payable 638,220,339 520,816,291 10,473,266 13,747,310

Current portion of long-term borrowings 18 482,900,000 263,250,000 54,040,000 -

Current portion of liabilities under finance

lease agreements 19 22,381,638 14,888,590 - -

Current portion of deferred income 22,442,387 23,793,923 - -

Current portion of debentures 20 212,500,000 212,500,000 212,500,000 212,500,000

Amounts due to and advances from

related companies 11 4,104,205 5,714,139 12,501,506 5,051,553

Short-term loans from related companies 11 - - 1,012,043,898 847,924,260

Income tax payable 167,331,505 138,015,315 465,463 3,540

Accrued expenses 619,499,437 472,326,297 115,667,596 74,112,206

Other current liabilities 17 549,647,737 543,919,142 33,683,748 29,264,885

Total current liabilities 3,487,609,850 2,635,632,992 2,106,167,509 1,617,234,215

Non-current liabilities

Long-term borrowings 18 2,143,198,601 2,765,349,139 292,000,000 469,440,000

Liabilities under finance lease agreements, net 19 4,073,490 35,875,824 - -

Debentures 20 3,556,250,000 2,668,750,000 3,556,250,000 2,668,750,000

Negative equity in investment in subsidiaries 9 - - 82,351,223 37,654,392

Other non-current liabilities 23 315,457,066 318,933,893 6,714,546 6,874,387

Total non-current liabilities 6,018,979,157 5,788,908,856 3,937,315,769 3,182,718,779

Total Liabilities 9,506,589,007 8,424,541,848 6,043,483,278 4,799,952,994

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Balance sheet (Cont’d)As at 31 December 2005 and 2004

The notes to the consolidated and Company financial statements on pages 40 to 87 form an integral part of the financial statements.

Consolidated Company

2005 2004 2005 2004Notes Baht Baht Baht Baht

Shareholders' equity

Share capital 21

Authorised share capital

Preference shares 200,000,000 200,000,000 200,000,000 200,000,000

Ordinary shares 3,097,854,371 2,443,144,835 3,097,854,371 2,443,144,835

Issued and paid-up share capital

Preference shares 63,520,000 63,520,000 63,520,000 63,520,000

Ordinary shares 2,670,136,269 2,413,257,641 2,670,136,269 2,413,257,641

Share premium 21

Preference shares 181,981,000 181,981,000 181,981,000 181,981,000

Ordinary shares 333,929,511 305,231,152 327,988,257 299,289,898

Treasury shares (179,600,700) (164,437,264) (15,163,436) -

Warrants - 19,711,121 - -

Expired warrants in a subsidiary 22.3.1 104,788,723 104,788,723 104,788,723 104,788,723

Fair value reserves 155,746,107 57,834,482 155,746,107 57,834,482

Translation adjustment 24,534,751 6,134,560 24,534,751 6,134,560

Retained earnings

Appropriated - legal reserve 24 167,829,113 79,178,505 167,829,113 79,178,505

Unappropriated 1,757,999,885 1,307,653,533 1,757,999,885 1,307,653,533

Total parent’s shareholders’ equity 5,280,864,659 4,374,853,453 5,439,360,669 4,513,638,342

Minority interests 657,686,038 1,280,750,385 - -

Total Shareholders’ Equity 5,938,550,697 5,655,603,838 5,439,360,669 4,513,638,342

Total Liabilities and Shareholders’ Equity 15,445,139,704 14,080,145,686 11,482,843,947 9,313,591,336

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Statements of incomeFor the years ended 31 December 2005 and 2004

The notes to the consolidated and Company financial statements on pages 40 to 87 form an integral part of the financial statements.

Consolidated Company

2005 2004 2005 2004Notes Baht Baht Baht Baht

Revenues 11

Revenues from hotel operations 4,298,154,940 2,783,696,891 438,491,794 390,727,891

Rental income from retail and property business 375,134,391 317,103,595 - -

Revenues from entertainment operations 87,810,033 52,447,023 - -

Revenues from spa services 316,375,506 296,857,360 - -

Sales of food and beverage 4,793,158,281 4,355,208,361 - -

Revenues from hotel and entertainment

management 17,394,778 14,385,307 81,719,438 84,590,412

Franchise fee income 156,853,728 124,095,826 - -

Dividends received 22,769,944 12,372,396 817,555 1,634,310

Share of profit of investment

- equity method 9 97,434,293 91,556,262 1,108,453,092 743,169,335

Other income 277,758,975 188,982,874 188,810,553 117,861,922

Total revenues 10,442,844,869 8,236,705,895 1,818,292,432 1,337,983,870

Expenses 11

Direct cost of hotel operations 1,394,824,972 928,425,958 141,434,229 134,473,713

Direct cost of retail and property business 98,061,808 80,867,476 - -

Direct cost of entertainment operations 12,778,219 10,416,185 - -

Direct cost of providing spa services 143,175,655 120,755,628 - -

Cost of sales of food and beverage 1,693,551,155 1,584,814,860 - -

Selling and administrative expenses 4,165,489,751 3,356,007,382 311,011,035 234,242,649

Depreciation and amortisation 1,153,258,734 919,123,706 56,429,452 50,875,412

(Gain) Loss on foreign exchange (2,490,378) 14,082,820 (1,469,087) 11,466,605

Share of loss of investments - equity method 9 24,618,795 8,523,000 26,284,795 65,223,606

Total expenses 8,683,268,711 7,023,017,015 533,690,424 496,281,985

Profit before interest and tax 25 1,759,576,158 1,213,688,880 1,284,602,008 841,701,885

Interest expense (279,638,645) (218,389,051) (212,005,063) (119,608,711)

Income tax (356,711,159) (215,734,702) (11,486,647) (10,191,322)

Profit before minorities 1,123,226,354 779,565,127 1,061,110,298 711,901,852

(Profit) attributable to minorities, net (62,116,056) (67,663,275) - -

Net profit for the year 1,061,110,298 711,901,852 1,061,110,298 711,901,852

Baht Baht Baht BahtRestated Restated

Earnings per share 26

Basic earnings per share 0.42 0.29 0.42 0.29

Diluted earnings per share 0.41 0.29 0.41 0.29

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iitteedd.

Consolidated (Baht)

ExpiredIssued and warrants Unappropriated -

paid-up Share Treasury in a Fair value Translation Legal retained MinorityNotes share capital premium shares Warrants subsidiary reserves adjustment reserve earnings interests Total

Beginning balance - 1 January 2005 2,476,777,641 487,212,152 (164,437,264) 19,711,121 104,788,723 57,834,482 6,134,560 79,178,505 1,307,653,533 1,280,750,385 5,655,603,838

Additional ordinary shares 21 14,390,350 8,987,238 - - - - - - - - 23,377,588

Expired warrants 21 - 19,711,121 - (19,711,121) - - - - - - -

Translation adjustment - - - - - - 18,400,191 - - - 18,400,191

Fair value reserves - - - - - 97,911,625 - - - 58,539 97,970,164

Net profit for the year - - - - - - - - 1,061,110,298 62,116,056 1,123,226,354

Legal reserve 24 - - - - - - - 88,650,608 (88,650,608) - -

Share dividends 27 242,488,278 - (15,163,436) - - - - - (227,324,842) - -

Cash dividends 27 - - - - - - - - (282,007,019) (25,196,643) (307,203,662)

Decapitalization - - - - - - - - - (230) (230)

Adjustment due to change in investment status

of China Food from others to subsidiaries 9 a) - - - - - - - - (12,781,477) - (12,781,477)

Minority interest in China Food as a result

of additional interest acquired by group - - - - - - - - - 9,684,408 9,684,408

Increase in minority interest as a result of

increase in share capital in subsidiaries - - - - - - - - 8,291,672 8,291,672

Decrease in minority interest as a result of

additional interest acquired by group - - - - - - - - - (678,018,149) (678,018,149)

Ending balance - 31 December 2005 2,733,656,269 515,910,511 (179,600,700) - 104,788,723 155,746,107 24,534,751 167,829,113 1,757,999,885 657,686,038 5,938,550,697

Statements of changes inshareholders’ equityFor the years ended 31 December 2005 and 2004

The notes to the consolidated and Company financial statements on pages 40 to 87 form an integral part of the financial statements.

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Consolidated (Baht)

Expired (Premium) onIssued and warrants Warrants own warrants Unappropriated -

paid-up Share Treasury in a issued by held by Fair value Translation Legal retained MinorityNotes share capital premium shares Warrants subsidiary subsidiary, net group, net reserves adjustment reserve earnings interests Total

Beginning balance - 1 January 2004 2,293,965,800 387,909,302 (164,437,264) - - 111,484,807 (5,463,104) 24,920,948 2,166,849 59,150,000 844,017,446 688,611,468 4,242,326,252

Additional ordinary shares 21 162,186,841 37,427,850 - - - - - - - - - - 199,614,691

Additional preference shares 21 20,625,000 61,875,000 - - - - - - - - - - 82,500,000

Expired warrants - - - 19,711,121 - - - - - - - - 19,711,121

Dispose/write-off warrants issued by

subsidiary, net - - - - - 15,429,219 (15,145,329) - - - - - 283,890

Transferred warrants issued by subsidiary - - - - 104,788,723 (126,914,026) 20,608,433 - - - - 1,516,870 -

Translation adjustment - - - - - - - - 3,967,711 - - (1,057,427) 2,910,284

Fair value reserves - - - - - - - 32,913,534 - - - (102,861) 32,810,673

Net profit for the year - - - - - - - - - - 711,901,852 67,663,275 779,565,127

Legal reserve 24 - - - - - - - - - 20,028,505 (20,028,505) - -

Dividends 27 - - - - - - - - - - (223,893,860) (12,382,315) (236,276,175)

Adjustment due to change in investment status

from others to associate 9 b) - - - - - - - - - - (4,343,400) - (4,343,400)

Minority interest of RHC as a result

of additional interest acquired by group - - - - - - - - - - - 673,621,242 673,621,242

Decrease in minority interest of subsidiaries

as a result of additional interest acquired by group - - - - - - - - - - - (143,883,168) (143,883,168)

Increase in minority interest of subsidiaries

as a result of increase in share capital in subsidiaries - - - - - - - - - - - 6,763,301 6,763,301

Ending balance - 31 December 2004 2,476,777,641 487,212,152 (164,437,264) 19,711,121 104,788,723 - - 57,834,482 6,134,560 79,178,505 1,307,653,533 1,280,750,385 5,655,603,838

Statements of changes in shareholders’ equity (Cont’d)For the years ended 31 December 2005 and 2004

The notes to the consolidated and Company financial statements on pages 40 to 87 form an integral part of the financial statements.

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Company (Baht)

ExpiredIssued and warrants Unappropriated-

paid-up Share Treasury in a Fair value Translation Legal retainedNotes share capital premium shares subsidiary reserves adjustment reserve earnings Total

Beginning balance - 1 January 2005 2,476,777,641 481,270,898 - 104,788,723 57,834,482 6,134,560 79,178,505 1,307,653,533 4,513,638,342

Additional ordinary shares 21 14,390,350 8,987,238 - - - - - - 23,377,588

Expired warrants 21 - 19,711,121 - - - - - - 19,711,121

Translation adjustment - - - - - 18,400,191 - - 18,400,191

Fair value reserves - - - - 97,911,625 - - - 97,911,625

Net profit for the year - - - - - - - 1,061,110,298 1,061,110,298

Adjustment due to change in investment

status of Chinal Food from others to subsidiaries 9 a) - - - - - - - (12,781,477) (12,781,477)

Legal reserve 24 - - - - - - 88,650,608 (88,650,608) -

Share dividends 27 242,488,278 - (15,163,436) - - - - (227,324,842) -

Cash dividends 27 - - - - - - - (282,007,019) (282,007,019)

Ending balance - 31 December 2005 2,733,656,269 509,969,257 (15,163,436) 104,788,723 155,746,107 24,534,751 167,829,113 1,757,999,885 5,439,360,669

Statements of changes in shareholders’ equity (Cont’d)For the years ended 31 December 2005 and 2004

The notes to the consolidated and Company financial statements on pages 40 to 87 form an integral part of the financial statements.

Company (Baht)

Issued and Expired Unappropriated -paid-up Share warrants in Fair value Translation Legal retained

Notes share capital premium a subsidiary reserves adjustment reserve earnings Total

Beginning balance - 1 January 2004 2,293,965,800 381,968,047 - 24,920,948 2,166,849 59,150,000 844,017,446 3,606,189,090

Additional ordinary shares 21 162,186,841 37,427,851 - - - - - 199,614,692

Additional preference shares 21 20,625,000 61,875,000 - - - - - 82,500,000

Expired warrants - - 104,788,723 - - - - 104,788,723

Translation adjustment - - - - 3,967,711 - - 3,967,711

Fair value reserves - - - 32,913,534 - - - 32,913,534

Net profit for the year - - - - - - 711,901,852 711,901,852

Adjustment due to change in investment status from others to associates 9 b) - - - - - - (4,343,400) (4,343,400)

Legal reserve 24 - - - - - 20,028,505 (20,028,505) -

Dividends 27 - - - - - - (223,893,860) (223,893,860)

Ending balance - 31 December 2004 2,476,777,641 481,270,898 104,788,723 57,834,482 6,134,560 79,178,505 1,307,653,533 4,513,638,342

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Statements of cash flowsFor the years ended 31 December 2005 and 2004

The notes to the consolidated and Company financial statements on pages 40 to 87 form an integral part of the financial statements.

Consolidated Company

2005 2004 2005 2004Notes Baht Baht Baht Baht

Cash flows from operating activities

Net profit for the year 1,061,110,298 711,901,852 1,061,110,298 711,901,852

Adjustments:

Allowance for doubtful accounts (181,200) 22,520,289 280,000 (407,600)

Depreciation and amortisation 25 1,153,258,734 919,123,706 56,429,452 50,875,412

Amortisation of other assets 20,312,455 15,296,785 10,691,197 10,923,020

Write-off of accounts receivable 135,278 477,164 - -

Amortisation of deferred income (42,554,225) (37,174,692) - -

Share of (profit) of

investments - equity method 9 (72,815,498) (83,033,262) (1,082,168,297) (677,945,729)

Dividend income (22,769,944) (12,372,396) (817,555) (1,634,310)

(Gain)/loss on disposals of

short-term investments - (864) - 2,557

(Gain)/loss on disposals of

long-term investments (500,939) (324,235) (477) 477

Unrealised (gain)/loss from fair value

reserves in short-term investment (1,874,549) (29,196) - 2,165

Unrealised (gain) on exchange rate (444,649) - - -

Write-off, impairment and loss on disposals

of property, plant and equipment 62,701,684 78,949,358 318,532 823,799

Write-off, impairment and loss on disposals

of operating assets for expansion 373,949 13,836,156 - -

Allowance for inventory obsolescence 3,935,962 3,789,736 - -

Write-off of prepaid income tax 26,967,786 1,957,589 - -

Write-off of other current assets 4,906,016 - - -

Provision for impairment for advance for

share subscription in related companies 604,638 - - -

Write-off of intangible assets 14 (59,378) 780,286 - -

Write-off of other assets 2,252,909 1,682,939 - -

Write-off of other account payable and

accrued expenses (6,357,817) (10,720,503) - -

Write-off of other current liabilities (252,907) (1,313,928) - -

Provision for impairment of investment 10 a) - 5,263,012 - -

Profit attributable to minorities, net 62,116,056 67,663,275 - -

Changes in operating assets and liabilities

Trade accounts receivable (60,607,566) (51,550,585) (4,790,358) (6,626,668)

Inventories (61,025,047) (50,590,840) (574,513) (72,593)

Other current assets (53,497,819) (13,637,636) (4,205,577) 2,636,474

Trade accounts payable 100,468,235 135,713,701 (3,274,044) 1,924,339

Income tax payable 27,661,048 41,748,654 461,923 (8,100,278)

Accrued expenses 115,927,050 32,893,840 40,896,127 15,544,260

Other current liabilities (65,642,943) (11,840,327) 1,361,289 9,094,822

Deferred income 22,139,238 21,209,385 - -

Other non-current liabilities 13,391,730 (4,318,544) (159,843) 1,864,740

Cash generated from operating activities 2,289,678,585 1,797,900,719 75,558,154 110,806,739

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Statements of cash flows (Cont’d)For the years ended 31 December 2005 and 2004

The notes to the consolidated and Company financial statements on pages 40 to 87 form an integral part of the financial statements.

Consolidated Company

2005 2004 2005 2004Notes Baht Baht Baht Baht

Cash flows from investing activities

Repayments of (receipts from) loans to and

amount due from related companies (174,901,147) (43,968,270) (814,806,811) (700,831,487)

Payment for additional investments in

subsidiaries and associates (804,331,798) (313,109,866) (545,520,897) (692,664,575)

Payment for acquisition of CFG 9 a) (102,720,240) - - -

Cash received from acquistion of RHC - 13,046,084 - -

Payment for acquisition of RGD - (409,398,201) - -

Cash received from decrease share

capital of subsidiaries 9 a) - - 94,535,835 36,491,000

Dividends received from subsidiaries

and associates and others 22,769,944 45,557,294 358,559,101 166,018,911

Cash received (payment) from short-term investments 4,905,891 (70,721,191) 277,443

Cash received from disposals of long-term investments 506,434 437,510 51,675

Cash invested in long-term investments (28,802,442) (37,314,964) (4,356,560) (1,508,040)

Payment for share purchase right - (66,324,990) - -

Payments for land held for future development

and project under development (688,401,073) (521,965,950) - -

Proceeds from disposals of property,

plant and equipment 30,321,263 23,029,594 340,234 1,448,562

Purchases of intangible assets 14 (1,216,838) (3,626,025) - -

Cash advanced for construction (41,432,056) - - -

Purchases of property, plant and equipment (1,073,937,883) (551,184,394) (36,998,501) (52,534,301)

Cash received (payment) from other non-current assets (109,722,517) 22,477,707 (6,813,130) 6,270,828

Net cash (payments) for investing activities (2,966,962,462) (1,913,065,662) (955,060,729) (1,236,979,984)

Cash flows from financing activities

Increase (decrease) in short-term loans, amount

due to and advances from related companies (1,566,942) (14,449,524) 171,569,591 50,765,652

Payments of loan from shareholders of subsidiaries - (191,104,013) - -

Payments for liabilities under finance lease agreement (26,636,902) (11,174,141) - -

Receipts from short-term loans 5,954,600,023 3,702,093,595 5,954,600,023 3,557,093,595

Repayments of short-term loans (5,743,532,821) (3,592,500,000) (5,743,532,821) (3,377,500,000)

Receipts from long-term borrowings 18 1,076,600,000 969,440,000 976,600,000 969,440,000

Repayments of long-term borrowings 18 (1,479,930,000) (1,720,275,000) (1,100,000,000) (1,400,000,000)

Proceeds from issuance of debentures 20 1,100,000,000 1,500,000,000 1,100,000,000 1,500,000,000

Redemptions of debentures 20 (212,500,000) (212,500,000) (212,500,000) (212,500,000)

Issue of ordinary shares 21 23,377,588 199,614,691 23,377,588 199,614,691

Issue of preference shares - 82,500,000 - 82,500,000

Proceeds from issuance of warrants - 19,711,121 - -

Proceeds from issuance of ordinary shares in subsidiary 1,480,000 1,757,480 - -

Cash paid for decapitalization

of a subsidiary to minorities (230) - - -

Own warrants held by subsidiaries - 193,029 - -

Dividends paid 27 (307,203,662) (236,276,175) (300,203,142) (238,595,169)

Net cash receipts from financing activities 384,687,054 497,031,063 869,911,239 1,130,818,769

Net increase (decrease) in cash and cash equivalents (292,596,823) 381,866,120 (9,591,336) 4,645,524

Cash and cash equivalents, opening balance 606,232,032 224,365,912 6,351,590 1,706,066

Cash and cash equivalents, closing balance 313,635,209 606,232,032 (3,239,746) 6,351,590

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Statements of cash flows (Cont’d)For the years ended 31 December 2005 and 2004

CASH AND CASH EQUIVALENTS AS AT 3311 DECEMBER

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Cash and deposit with banks (Note 4) 333,732,061 615,708,529 9,552,286 10,049,253

Bank overdrafts (Note 16) (20,096,852) (9,476,497) (12,792,032) (3,697,663)

313,635,209 606,232,032 (3,239,746) 6,351,590

SUPPLEMENTARY INFORMATION FOR CASH FLOWS

Non-cash transaction

Significant non-cash transactions for the year ended 31 December 2005 and 2004 are as follows:

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Net increase in accrued expenses and other

current liabilities as a result of purchases

of property, plant and equipment 63,708,646 132,219,223 3,716,837 1,243,979

Account payable from purchase of investment in subsidiary 31,696,083 - - -

Interest and income tax

Interest and income tax paid during the years ended 31 December 2005 and 2004 are as follows:

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Interest paid 278,921,574 209,911,126 205,939,695 117,284,294

Income tax paid 332,426,352 188,636,562 11,024,724 18,265,249

The notes to the consolidated and Company financial statements on pages 40 to 87 form an integral part of the financial statements.

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Notes to the consolidated andCompany financial statementsFor the years ended 31 December 2005 and 2004

11.. General information

Minor International Public Company Limited (“the Company”) is a public limited company and is incorporated inThailand. The addresses of its registered offices are as follows:

Bangkok : 16th Floor, Berli Jucker House,99 Soi Rubia, Sukhumvit 42, Prakanong, Klongtoey, Bangkok. 10110 Thailand

Pattaya : 218/2-4 Moo 10 Beach Road, Nongprue, Banglamung, Chonburi Thailand

The Company registered the change of its name from “Royal Garden Resort Public Company Limited” to “MinorInternational Public Company Limited” with the Ministry of Commerce on 7 March 2005.

The Company is incorporated as a public company under Thai law and was listed on the Stock Exchange ofThailand in October 1988. The Company and its subsidiaries (“The Group”) engage in investment activities andhotel and restaurant operations carried out in Thailand.

The Group mainly operates in Thailand and employs 13,503 employees as of 31 December 2005(31 December 2004 : 12,911 employees).

These consolidated and Company financial statements have been approved for issue by the Audit Committee on15 February 2006.

22.. Significant accounting policies

The principal accounting policies adopted in the preparation of these consolidated and Company financialstatements are set out below:

22..11 Basis for preparationThe consolidated and Company financial statements have been prepared in accordance with Thai GenerallyAccepted Accounting Principles under the Accounting Act B.E. 2543 being those Thai Accounting Standardsissued under the Accounting Profession Act B.E. 2547, and the financial reporting requirements of the Securitiesand Exchange Commission under the Securities and Exchange Act B.E. 2535.

As a result of the Federation of Accounting Professions (FAP) approval of three new accounting standards on12 May 2005, the Company has adopted TAS 52, “Events After Balance Sheet Date”, TAS 53, “Provisions,Contingent Liabilities, and Contingent Assets” and TAS 54, “Discontinuing Operations” in the second quarter of2005.

The accounting principles applied may differ from generally accepted accounting principles adopted in othercountries and jurisdictions. The accompanying consolidated and Company financial statements are thereforenot intended to present the financial position and results of operations and cash flows in accordance withjurisdictions other than Thailand. Consequently, these consolidated and Company financial statements are notaddressed to those who are not informed about Thai generally accepted accounting principles and practices.

The consolidated and Company financial statements have been prepared under the historical cost conventionexcept as disclosed in the accounting policies below.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

22.. Significant accounting policies (Cont’d)

22..11 Basis for preparation (Cont’d)

The preparation of financial statements in conformity with Thai generally accepted accounting principles requiresmanagement to make estimates and assumptions that affect the reported amounts of assets and liabilities, thedisclosure of contingent assets and liabilities at the date of the financial statements and the amounts ofrevenues and expenses in the reported periods. Although these estimates are based on management’s bestknowledge of current events and actions, actual results may differ from those estimates.

An English version of the consolidated and Company financial statements have been prepared from thestatutory financial statements that are in the Thai language. In the event of a conflict or a difference ininterpretation between the two languages, the Thai language statutory financial statements shall prevail.

22..22 Investments in subsidiariesInvestment in subsidiaries, which are those entities in which the Group, has an interest of more than one halfof the voting rights or otherwise has power to govern the financial and operating policies are consolidated.Subsidiaries are consolidated from the date on which control is transferred to the Group and are no longerconsolidated from the date that control ceases. The purchase method of accounting is used to account for theacquisition of subsidiaries. The cost of an acquisition is measured as the fair value of the assets given up, sharesissued or liabilities undertaken at the date of acquisition plus costs directly attributable to the acquisition. Theexcess of the cost of acquisition over the fair value of the net assets of the subsidiary acquired is recordedas goodwill. See Note 2.11 for the accounting policy on goodwill. All intercompany transactions, balancesand unrealised gains on transactions between group companies are eliminated; unrealised losses are alsoeliminated unless cost cannot be recovered. Where necessary, accounting policies for subsidiaries havebeen changed to ensure consistency with the policies adopted by the Group. Separate disclosure is made forminority interest in the consolidated balance sheets and consolidated statements of income.

Investments in subsidiaries are reported using equity method of accounting in the Company’s separate financialstatements.

A list of the Group’s principal subsidiaries and the effect of acquisitions is set out in Note 9.

Where a subsidiary is acquired and held exclusively with a view to be subsequently disposed of in thenear future; or a subsidiary operates under severe long-term restrictions that significantly impair its ability totransfer funds to the Company, the interest in the subsidiary is accounted for in the consolidated and Companyfinancial statements in accordance with the accounting policy on investments as shown in Note 2.10.

22..33 Investments in associatesInvestments in associates are accounted for by the equity method of accounting in the consolidated andCompany financial statements. Under this method the Group’s share of the post-acquisition profits or lossesof associates is recognised in the income statement and its share of post-acquisition movements in reservesis recognised in reserves. The cumulative post-acquisition movements are adjusted against the cost of theinvestment. Associates are entities over which the Group generally has significant influence, but which it doesnot control. Unrealised gains on transactions between the Group and its associates are eliminated to the extentof the Group’s interest in the associates; unrealised losses are also eliminated unless the transaction providesevidence of an impairment of the asset transferred. The Group’s investment in associates includes goodwill(net of accumulated amortisation) on acquisition. When the Group’s share of losses in an associate equals orexceeds its interest in the associate, the Group does not have to recognise further losses, unless the Group hasincurred obligations or made payments on behalf of the associates.

A list of the Group’s principal associated undertakings is set out in Note 9.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

22.. Significant accounting policies (Cont’d)

22..44 Interests in joint ventures

The Group’s interest in a jointly controlled entity is accounted for using proportionate consolidation. Under thismethod the Group includes its share of the joint venture’s individual income and expenses, assets andliabilities in the relevant components of the financial statements. Interest in a jointly controlled entity isaccounted for in the Company financial statements by the equity method of accounting.

Details of the joint venture are disclosed in Note 9.

22..55 Foreign currency translation

Foreign currency transactions are accounted for at the exchange rates prevailing at the date of the transactions.Monetary assets and liabilities at the balance sheet date denominated in foreign currencies are translated intoBaht at the exchange rates ruling on the balance sheet date. Gains and losses resulting from the settlement ofsuch transactions and from the translation of monetary assets and liabilities denominated in foreign currenciesare recognised in the statement of income.

Statements of income of foreign entities are translated into the Group’s reporting currency at average exchangerates for the year and the balance sheets are translated at the year end exchange rates ruling on the balancesheet date. Exchange differences arising from retranslation are taken to shareholders’ equity. On disposal ofthe foreign entity such translation differences are recognised in the income statement as part of the gain orloss on sale.

Statements of income of foreign operations that are integral to operations of the Company are translatedinto the Group’s reporting currency at weighted average exchange rates for the year and the balance sheets aretranslated at the exchange rates ruling on the balance sheet date while the non-monetary items are translatedat the date of the transaction. Currency translation differences are recognised in the statement of income.

22..66 Financial instruments

Financial assets carried on the balance sheet include cash and cash equivalents, investments, trade accountsreceivables and related party receivables. Financial liabilities carried on the balance sheet include trade accountspayable, related party payables, finance leases and borrowings. The particular recognition methods adopted aredisclosed in the individual policy statements associated with each item.

22..77 Cash and cash equivalents

Cash and cash equivalents are carried in the balance sheet at cost. For the purposes, of the cash flowstatement, cash and cash equivalents comprise cash on hand, deposits held at call with banks, other short-termhighly liquid investments, with an original maturity not exceeding 3 months and bank overdrafts, which areshown as current liabilities in the balance sheet.

2.8 Trade accounts receivable

Trade accounts receivable are carried at anticipated realisable value. An estimate is made for doubtfulreceivables based on a review of all outstanding amounts at the year-end. Bad debts are written-off duringthe year in which they are identified.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

22.. Significant accounting policies (Cont’d)

22..99 Inventories

Inventories are stated at the lower of cost or net realisable value. Cost is determined by the weighted averagemethod. The cost of purchase comprises both the purchase price and costs directly attributable to theacquisition of the inventory, such as import duties and transportation charge, less all attributable discounts,allowances or rebates. Net realisable value is the estimate of the selling price in the ordinary course ofbusiness, less the costs of completion and selling expenses. Allowance is made, where necessary, for obsolete,slow-moving and defective inventories.

22..1100 Other investments

Other investments other than investments in subsidiaries, associates and joint ventures are classified into thefollowing three categories : trading, available-for-sale and general investments. Investments that are acquiredprincipally for the purpose of generating a profit from short-term fluctuations in price are classified astrading investments and included in current assets. Investments intended to be held for an indefinite periodof time, which may be sold in response to liquidity needs or changes in interest rates, are classified asavailable-for-sale; these are included in non-current assets unless management has expressed the intention ofholding the investment for less than 12 months from the balance sheet date or unless they will need to be soldto raise operating capital, in which case they are included in current assets. Investments in non-marketableequity securities are classified as general investments.

The trading investments are traded in active markets and carried at fair value on the balance sheet date byreference to the Stock Exchange of Thailand quoted bid price. Increases/decreases in the carrying amount arecredited/charged to the statement of income.

Marketable equity securities classified as available-for-sale securities are carried at fair value. Fair value ofmarketable equity securities is calculated by reference to Stock Exchange quoted bid prices at the close ofbusiness on the balance sheet date. Increases/decreases in the carrying amount are credited or charged to fairvalue reserves in shareholders' equity.

General investments are carried at cost, less impairment.

Management determines the appropriate classification of its investments at the time of the purchase andre-evaluates such designation on a regular basis.

A test for impairment is carried out when there is a factor indicating that such investment might be impaired.If the carrying value of the investment is higher than its recoverable amount, an impairment loss is charged tothe statement of income.

On disposal of an investment, the difference between the net disposal proceeds and the carrying amount ischarged or credited to the statement of income.

When disposing of part of the Group’s holding of a particular investment in equity securities, the carrying amountof the disposed part is determined from the weighted average carrying amount of the total holding of theinvestment.

If an investment with fair value adjustments in equity is sold or impaired, accumulated fair value adjustmentsare included in the statements of income.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

22.. Significant accounting policies (Cont’d)

22..1111 Intangible assets

Franchise development cost

Costs incurred on development of franchises relating to the design of restaurants and the testing of newproducts are recognised as intangible assets to the extent that such expenditure is expected to generate futureeconomic benefits. Other development expenditure is recognised as an expense as incurred. Development costspreviously recognised as expenses are not recognised as assets in a subsequent period. Development costs thathave been capitalised are amortised from the commencement of the commercial launch of the franchise on astraight-line method over the period of its expected benefit, generally over 1 - 3 years. Capitalised developmentcost is not revalued. Its carrying amount is reviewed annually for impairment where it is considered necessary.

Initial franchise fees

Expenditure on acquired patents, trademarks and licences relating to restaurant franchises is capitalised andamortised using the straight-line method over the related agreement periods, generally over 3 - 20 years. Theintangible assets are not revalued. The carrying amount of intangible asset is reviewed annually and adjustedfor impairment where it is considered necessary.

Goodwill

Goodwill represents the excess of the cost of an acquisition over the fair value of the Group’s share of the netassets of the acquired subsidiary or associated undertaking at the date of acquisition. Goodwill on acquisitionsis reported in the consolidated balance sheet as an intangible asset and is amortised using the straight-linemethod over its estimated periods expected for future economic benefits, being 20 years to 40 years.

Negative goodwill represents the excess of the fair value of the Group’s share of the net assets acquired overthe cost of acquisition. Negative goodwill is presented in the same balance sheet classifications as intangibleassets. To the extent that negative goodwill relates to expectations of future losses and expenses that areidentified in the Group’s plan for the acquisition and to the extent that these can be measured reliably, butwhich do not represent identifiable liabilities, that portion of negative goodwill is recognised in the statementof income when the future losses and expenses are recognised. Any remaining negative goodwill, notexceeding the fair values of the non-monetary assets acquired, is recognised in the statement of income overthe remaining weighted average useful life of those assets; negative goodwill in excess of the fair values ofthose assets is recognised in the statement of income immediately.

The carrying amount of goodwill is reviewed annually. Where an indication of impairment exists, the carryingamount of goodwill is assessed and written down immediately to its recoverable amount.

22..1122 Property, plant and equipment

All property, plant and equipment is initially recorded at cost.

Depreciation is calculated on the straight-line method to write-off the cost of each asset, except for land as itis deemed to have an indefinite life, to their residual values over their estimated useful life as follows:

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

22.. Significant accounting policies (Cont’d)

22..1122 Property, plant and equipment (Cont’d)

Leasehold right lease periodLeasehold improvement lease periodBuilding and fitting equipment lease period, 10 years, 20 years, 30 years and 40 yearsBuilding improvement lease period and 10 yearsMachinery and equipment 5-15 yearsFurniture, fixtures and office equipment 5 years, 10 years and 15 yearsOther equipment 5 years and 10 yearsMotor vehicles 5 years

Hotel operating equipment acquired before the year 2000 is stated at cost less an appropriate portion ofaccumulated depreciation. Additions in 2000 and thereafter are recorded as hotel operating equipment andexpensed on issue or use.

Operating equipment and kitchen supplies of restaurant operations are recorded at cost when purchasedand are depreciated on first issue or use. The depreciation is calculated on the straight-line method with theestimated useful life of five years. When new items are issued to replace the operating equipment, thereplacement cost of operating equipment and kitchen supplies are recognised as expense when issued.

When existing outlets are re-modernised, the related expenditures will be capitalised as buildings improvementsor leasehold improvements and will be depreciated using the straight-line method over the shorter of theremaining lease term and the estimated useful life of 3 - 7 years.

Where the carrying amount of an asset is greater than its estimated recoverable amount, it is writtendown immediately to its recoverable amount. Estimated recoverable amount is the higher of the anticipateddiscounted cash flows from the continuing use of the asset and the amount obtainable from the sale ofthe asset less any costs of disposal.

Gains and losses on disposal of property, plant and equipment are determined by comparing proceeds withcarrying amounts and are included in operating profit.

Borrowing costs to finance the construction of property, plant and equipment are capitalised during the periodof time that is required to complete and prepare the property for its intended use as part of cost of the asset.The borrowing costs include:- interest on bank overdrafts and short-term and long-term borrowings, and related taxes;- amortisation of discounts or premiums relating to borrowings;- amortisation of ancillary costs incurred in connection with the arrangement of borrowings;- finance lease charges

The capitalisation rate used to determine the amount of borrowing costs to be capitalised is the weightedaverage interest rate applicable to the Group’s outstanding borrowing during the year. Where funds areborrowed specifically for the acquisition, construction or production of property, plant and equipment, theamount of borrowing costs eligible for capitalisation on that asset is determined as the actual borrowing costsincurred on that borrowing during the period less any investment income on the temporary investment of thoseborrowings.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

22.. Significant accounting policies (Cont’d)

22..1122 Property, plant and equipment (Cont’d)

Repairs and maintenance are charged to the income statement during the financial period in which they areincurred. The cost of major renovations is included in the carrying amount of the asset when it is probable thatfuture economic benefits in excess of the originally assessed standard of performance of the existing asset willflow to the Group. Major renovations are depreciated over the remaining useful life of the related asset.

22..1133 Accounting for long-term leases

Where the Group is the lessee

Leases of property, plant and equipment which substantially transfer all the risks and rewards of ownership areclassified as finance leases. Finance leases are capitalised at the inception of the lease at the present value ofthe minimum lease payments. Each lease payment is allocated to the principal and to the finance charges soas to achieve a constant rate on the finance balance outstanding. The outstanding rental obligations, net offinance charges, are included in other long-term payables. The interest element of the finance cost is chargedto the statement of income over the lease period. The property, plant and equipment acquired under financeleases is depreciated over the useful life of the asset.

Leases not transferring a significant portion of the risks and rewards of ownership to the lessee are classifiedas operating leases. Payments made under operating leases (net of any incentives received from the lessor)are charged to the statement of income on a straight-line basis over the period of the lease.

When an operating lease is terminated before the lease period has expired, any payment required to be madeto the lessor by way of penalty is recognised as an expense in the period in which termination takes place.

Where the Group is the lessor

Operating leases

Assets leased out under operating leases are included in property, plant and equipment in the balance sheet.They are depreciated over their expected useful lives on a basis consistent with other similar property, plant andequipment owned by the Group. Rental income (net of any incentives given to lessees) is recognised on astraight-line basis over the lease term.

22..1144 Provisions

Provisions, which exclude the provisions relating to employee benefits, are recognised when the Group has apresent legal or constructive obligation as a result of past events, it is probable that an outflow of resourceswill be required to settle the obligation, and a reliable estimate of the amount can be made. Where the Groupexpects a provision to be reimbursed, the reimbursement is recognised as a separate asset but only when thereimbursement is virtually certain.

22..1155 Provident fund

The Group operates a provident fund that is a defined contribution plan. The assets of which are held in aseparate fund which is managed by the external fund manager. The provident fund is funded by paymentsfrom employees and by the relevant Group companies. Contributions to the provident fund are charged to thestatement of income in the year to which they relate.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

22.. Significant accounting policies (Cont’d)

22..1166 Deferred income taxes

The Group does not recognise income taxes payable or receivable in future periods in respect of temporarydifferences arising from differences between the tax base of assets and liabilities and their carrying amounts inthe financial statements. The principal temporary differences arise from depreciation on property, plant andequipment, allowance for doubtful debts, allowance for inventory obsolescence, provision for impairment loss,tax losses carried forward and, in relation to acquisitions, on the difference between the fair values of the netassets acquired and their tax base.

22..1177 Warrants

Warrants to subscribe for ordinary shares issued to existing shareholders

Warrants are issued to existing shareholders to subscribe for ordinary shares. Proceeds from issuing warrantsare shown net of related expenses under the caption of “Warrants” in shareholders’ equity when the warrantsare issued.

Where the Company or its subsidiaries purchase the Company’s warrants, the total par value of the warrants isdeducted from total shareholders’ equity under the caption of “Own warrants held” or “Own warrants held byGroup”, respectively. The consideration paid in excess of the warrant issue price is shown as premium underthe caption of “Premium on own warrants” or “Premium on own warrants held by Group” respectively.

Warrants to subscribe for ordinary shares by the directors and employees of the Company and/or its subsidiaries

Certain employees and executive management of the Group are rewarded through entitlement to receivewarrants to subscribe for ordinary shares. When such warrants are granted no compensation cost is recognisedin the statement of income. When the warrants are exercised the proceeds received net of any transaction costsare credited to share capital.

22..1188 Revenue recognition

Revenue from hotel operations, mainly consisting of room sales, food and beverage sales and revenue fromauxiliary activities, is recognised when the service is rendered.

Revenues from sales of foods and beverages are recognised upon delivery and services rendered arepresented net of sales taxes and discounts.

Rental income from retail business and property is recognised as revenue at the amount as specified under therelated lease agreements. Rental received in advance is recognised as revenue evenly over the period of thelease.

Revenue from entertainment operations is recognised as revenue when the show is presented.

Revenue from hotel management and entertainment management service is recognised as revenue when theservice is rendered.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

22.. Significant accounting policies (Cont’d)

22..1188 Revenue recognition (Cont’d)

Revenue from retailing operations is the invoiced value of goods supplied after deducting discounts, recognisedwhen goods are delivered to customers.

Other revenue earned by the Group is recognised on the following bases:

- Royalty, franchise fee and rental income - on an accrual basis in accordance with the substanceof the relevant agreements.

- Interest income - as it accrues unless collectibility is in doubt. - Dividend income - when the shareholder's right to receive payment is established.- Deferred income - on an accrual basis in accordance with substance

of relevant agreements.

22..1199 Related parties

Enterprises and individuals that directly, or indirectly through one or more intermediaries, control, or arecontrolled by, or are under common control with, the Company, including holding companies, subsidiaries andfellow subsidiaries are related parties of the Company. Associates and individuals owning, directly or indirectly,an interest in the voting power of the Company that gives them significant influence over the enterprise, keymanagement personnel, including directors and officers of the Company and close members of the family ofthese individuals and companies associated with these individuals also constitute related parties.

In considering each possible related party relationship, attention is directed to the substance of the relationshipand not merely the legal form.

22..2200 Comparatives

Where necessary, comparative figures have been adjusted to conform with changes in presentation in thecurrent year.

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uubblliicc CCoommppaannyy LLiimm

iitteedd

For the year ended 31 December (Baht Million)

Retails and Food and Land InvestingHotel property Entertainment beverage Management development in other

operations business operations Spa services operations operations operations companies Eliminated Total2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004

Revenues 4,358 2,842 446 382 88 52 316 297 4,794 4,356 171 120 - - - - (285) (229) 9,888 7,820

Segment results 2,949 1,893 336 292 50 26 125 134 3,091 2,759 171 120 - - - - (176) (130) 6,546 5,094

Other income 530 408

Gain (loss) on foreign exchange 2 (14)

Selling and administrative expenses (5,318) (4,275)

Interest expense (280) (218)

Profit before income tax 1,480 995

Income tax (357) (215)

Profit before minorities 1,123 780

(Profit) attributable to minorities, net (62) (68)

Profit for the year 1,061 712

As at 31 December (Baht Million)

Retails and Food and Land InvestingHotel property Entertainment beverage Management development in other

operations business operations Spa services operations operations operations companies Eliminated Total2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004 2005 2004

Land held for future development 230 19 15 - - - - - - - - - 738 151 - - (124) - 859 170

Property, plant and equipment 7,205 7,454 660 680 65 74 77 77 2,210 1,838 3 3 - - 2 2 - - 10,222 10,128

Other assets 11,344 9,239 572 579 4 5 161 120 2,654 1,675 506 476 76 15 1,337 2,011 (12,290) (10,337) 4,364 3,783

Total assets 18,779 16,712 1,247 1,259 69 79 238 197 4,864 3,513 509 479 814 166 1,339 2,013 (12,414) (10,337) 15,445 14,081

Trade accounts Payable 194 200 2 5 - - 5 5 435 311 1 - 1 - - - - - 638 521

Long-term Borrowings 3,954 3,436 - - 25 50 131 45 646 794 276 350 667 58 725 1,234 (3,798) (2,937) 2,626 3,030

Debentures 3,769 2,881 - - - - - - - - - - - - - - - - 3,769 2,881

Other liabilities 1,953 1,732 980 1,060 7 6 47 46 632 425 27 15 61 7 140 128 (1,373) (1,426) 2,474 1,993

Total liabilities 9,870 8,249 982 1,065 32 56 183 96 1,713 1,530 304 365 729 65 865 1,362 (5,171) (4,363) 9,507 8,425

Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

33.. Segment information

The Group and the Company operate in Thailand in several business segments. Financial information by segment for the consolidated financial statements are asfollows :

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55.. Short-term investments

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Opening net book value 252,840,623 3,847,209 - 282,165

Arising on consolidation of RHC - 162,615,742 - -

Arising on consolidation of RGD - 15,626,421 - -

Increase (decrease) during the year (4,905,890) 70,683,698 - (280,000)

Changes in the fair value of investments 1,874,549 67,553 - (2,165)

Closing net book value 249,809,282 252,840,623 - -

Short-term investments represent investments in private funds and fixed deposits with financial institutions which have maturity exceeding3 months.

44.. Cash and cash equivalents

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Cash on hand 65,964,211 178,624,754 1,768,289 1,428,646

Deposits held at call with banks 267,767,850 257,083,775 7,783,997 8,620,607

Bill of exchange - 180,000,000 - -

Total cash and cash equivalents 333,732,061 615,708,529 9,552,286 10,049,253

The weighted average effective interest rate of deposits with banks and bill of exchange was 0.25 to 1.00% per annum (2004 : 0.25 to 1.50% per annum).

66.. Trade accounts receivable, net

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Trade accounts receivable 509,610,094 446,181,270 36,620,702 31,830,344

Less : Allowance for doubtful accounts (4,953,283) (5,134,483) (875,976) (595,976)

Trade accounts receivable, net 504,656,811 441,046,787 35,744,726 31,234,368

Certain debtors with settlements problems are included in the above trade account receivable.

The group has set up allowances to recognise these doubtful accounts. The outstanding balances can be aged as follows:

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Not yet due 331,089,893 324,613,689 26,234,434 24,611,852

Overdue

Under 90 days 117,567,671 94,737,013 7,894,104 6,406,383

91 days to 180 days 55,938,284 14,658,308 548,356 595,933

Over 181 days 5,014,246 12,172,260 1,943,808 216,176

Trade accounts receivable 509,610,094 446,181,270 36,620,702 31,830,344

Less : Allowance for doubtful accounts (4,953,283) (5,134,483) (875,976) (595,976)

Trade accounts receivable, net 504,656,811 441,046,787 35,744,726 31,234,368

Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

88.. Other current assets

Consolidated Company 2005 2004 2005 2004Baht Baht Baht Baht

Other debtors 74,776,365 74,022,836 3,352,091 947,513

Prepaid expenses 71,400,341 52,191,423 4,697,886 3,283,630

Prepaid income tax 38,549,383 66,323,377 - 7,150

Advance for construction 60,105,455 18,673,399 - -

Operating assets for expansion - 385,199 - -

Others 104,901,510 47,991,954 1,322,571 928,673

Total other current assets 349,733,054 259,588,188 9,372,548 5,166,966

77.. Inventories, net

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Food and beverage 36,087,790 29,914,501 1,432,839 1,342,029

Operating equipment 3,985,947 7,313,773 - -

Finished goods 32,010,484 38,428,979 - -

Supplies 53,301,369 42,586,333 1,912,164 1,428,460

Raw materials 211,982,554 138,689,927 - -

Others 5,266,343 4,679,822 - -

342,634,487 261,613,335 3,345,003 2,770,489

Less : Allowance for obsolescence (2,509,837) (4,321,866) - -

Inventories, net 340,124,650 257,291,469 3,345,003 2,770,489

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

99.. Investments - equity method

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Subsidiaries - - 7,907,987,590 6,651,381,221

Associates 301,954,123 126,911,919 180,941,672 91,251,171

Total investments - equity method 301,954,123 126,911,919 8,088,929,262 6,742,632,392

a) Investments in subsidiaries

Company2005 2004Baht Baht

Opening net book value 6,651,381,221 4,387,608,054

Opening balance of negative equity in investment in subsidiaries (37,654,392) (1,857,029)

Change in investment status from associate to subsidiary (RHC) - 1,015,944,956

Acquisitions 538,235,729 617,125,070

Decapitalise in property fund (94,535,835) (36,491,000)

Share of net profit in subsidiaries 999,762,963 611,360,436

Expired warrants in a subsidiary - 104,789,201

Translation adjustment 18,400,193 3,967,711

Changes in fair value reserves for available-for-sale securities of a subsidiary 82,662,272 26,964,070

Dividends received (357,741,546) (131,199,704)

Dividend income of a subsidiary received from parent company (Note 27) 18,196,123 14,701,309

Adjustment for share of loss in associated company held by subsidiairy (Note 9 b) - (4,343,400)

Adjustment for share of loss in a subsidiary held by subsidiary (12,781,482) -

Realised gain on sales of warrants by a subsidiary 19,711,121 -

Reverse loss on sales of warrants issued by a subsidiary - 5,157,155

Closing balance of negative equity in investment in subsidiaries 82,351,223 37,654,392

Closing net book value 7,907,987,590 6,651,381,221

All holdings are in the ordinary share capital of the subsidiaries and in fund units in the Property Fund subsidiary.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

Company - 31 December 2005

Paid-up InvestmentNature of Country of Nature of capital portion Cost Equity Dividendbusiness incorporation relationship (Baht Million) (%) (Baht) (Baht) (Baht)

Chao Phaya Resort Limited Hotel operation and Thailand Shareholder 450 81.24 625,811,571 727,596,211 53,617,685

shopping mall

Hua Hin Resort Limited Hotel operation Thailand Shareholder 200 100 230,967,920 478,581,793 -

Maerim Terrace Resort Limited Hotel operation Thailand Shareholder 300 45.30 (1) 161,418,899 261,508,559 2,718,740

Baan Boran Chiangrai Limited Hotel operation Thailand Shareholder 165 100 145,550,878 119,999,310 -

Royal Garden Development Limited Hotel operation Thailand Shareholder 700 100 929,262,397 1,042,688,564

Royal Garden Plaza Limited Shopping mall Thailand Shareholder 75 100 75,000,000 203,806,630

Royal Garden Entertainment Limited Entertainment operation Thailand Shareholder 10 100 10,000,000 37,159,568 -

M Spa International Limited (MST) Spa services Thailand Shareholder 41 51 (3) 20,910,000 27,712,810 54,054,700

(formerly “Mandara Spa (Thailand) Limited”)

Royal Garden Hotel Management Limited Hotel management Thailand Shareholder 17 100 93,500,000 76,354,642 -

RGR International Limited Management British Virgin Shareholder 2.6 100 2,586,000 154,377,860 -

Islands (USD 100,000)

RNS Holding Limited Property investment Thailand Shareholder 420 72.39 304,042,200 42,340,764 -

The Minor Food Group Public Company Limited Sales of food and beverage Thailand Shareholder 327 99.67 2,300,921,647 3,340,669,854 -

(MFG)

Rajadamri Hotel Public Company Limited Hotel operation Thailand Shareholder 45 49.30 (4) 774,723,314 1,078,867,532 33,278,348

(RHC)

MI Squared Limited Hotel operation Thailand Shareholder 1 100 1,000,000 913,188 -

Samui Beach Residence Limited Sales of property Thailand Shareholder 1 100 1,000,000 939,930 -

Sub Thawee Property Fund Property investment Thailand Shareholder 50 99.86 (5) 49,930,000 49,932,274 33,969,706

Thai Assets Management Property Fund Property investment Thailand Shareholder 265 (2) 100 264,523,259 264,538,101 97,710,345

Total investments in subsidiaries 5,991,148,085 7,907,987,590 275,349,524

Thai Project Property Fund Property investment Thailand Shareholder 75 99.90 74,797,460 (37,600,211) 83,392,022

Samui Resort and Spa Limited Hotel operation Thailand Shareholder 10 100 10,000,000 (17,163,533) -

R.G.E. (HKG) Limited Management Hong Kong Shareholder 0.5 100 542,740 (24,350,250) -

(HKD 100,000)

Samui Village Limited Hotel operation Thailand Shareholder 1 99.93 999,300 (3,237,229) -

Total negative equity in investments in subsidiaries 86,339,500 (82,351,223) 83,392,022

(1) Investment portion of 45.30% represents direct holding in Maerim Terrace Resort Limited. Another 23.65% indirect holding is invested through subsidiary.(2) Paid up capital of Thai Assets management Property Fund is investment in Class C and Class D unitholders.(3) Investment portion 51% represents direct holding in MST. Another 49% indirect holding is invested through subsidiary.(4) Investment potion 49.3% represents direct holding in RHC. Another 41.53% indirect holding is invested through subsidiary.(5) Investment portion of 99.86% represents direct holding in Sub Thawee Property Fund. Another 0.14% indirect holding is invested through subsidiary. Paid-up capital of Sub Thawee Property Fund is investment in Class B and Class C

unitholders.

99.. Investments - equity method (Cont’d)

a) Investments in subsidiaries (Cont’d)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

Company - 31 December 2004

Paid-up InvestmentNature of Country of Nature of capital portion Cost Equity Dividendbusiness incorporation relationship (Baht Million) (%) (Baht) (Baht) (Baht)

Chao Phaya Resort Limited Hotel operation and Thailand Shareholder 450 81.24 625,811,571 668,594,674 53,617,685

shopping mall

Hua Hin Resort Limited Hotel operation Thailand Shareholder 200 100 230,967,920 382,007,065 -

Maerim Terrace Resort Limited Hotel operation Thailand Shareholder 300 45.30 (1) 161,418,899 242,743,959 -

Baan Boran Chiangrai Limited Hotel operation Thailand Shareholder 165 100 145,550,878 129,361,850 -

Royal Garden Development Limited Hotel operation Thailand Shareholder 700 50 (3) 474,021,468 490,487,263

Royal Garden Plaza Limited Shopping mall Thailand Shareholder 75 100 75,000,000 155,989,942

Royal Garden Entertainment Limited Entertainment operation Thailand Shareholder 10 100 10,000,000 22,889,428 -

MSpa International Limited (MST)

(formerly “Mandara Spa (Thailand) Limited”) Spa services Thailand Shareholder 10 51 (4) 5,100,000 56,073,970 -

Royal Garden Hotel Management Limited Hotel management Thailand Shareholder 17 100 93,500,000 50,603,267 -

RGR International Limited Management British Virgin Shareholder 2.6 100 2,586,000 99,293,972 -

Islands (USD 100,000)

RNS Holding Limited Property investment Thailand Shareholder 420 72.39 304,042,200 43,670,909 -

The Minor Food Group Public Company Limited Sales of food and beverage Thailand Shareholder 326 99.70 2,285,666,847 2,869,032,736 -

(MFG)

Rajadamri Hotel Public Company Limited Hotel operation Thailand Shareholder 45 49.30 (5) 774,723,314 1,035,933,998 33,184,898

(RHC)

Thai Project Property Fund Property investment Thailand Shareholder 105 99.90 104,900,000 103,673,419 -

Thai Assets Management Property Fund Property investment Thailand Shareholder 301 (2) 100 301,014,259 301,024,769 77,582,019

Total investments in subsidiaries 5,594,303,356 6,651,381,221 164,384,602

Samui Resort and Spa Limited Hotel operation Thailand Shareholder 10 100 10,000,000 (11,850,821) -

R.G.E. (HKG) Limited Management Hong Kong Shareholder 0.5 100 542,740 (23,310,254) -

(HKD 100,000)

Samui Village Limited Hotel operation Thailand Shareholder 1 99.93 999,300 (2,493,317) -

Total negative equity in investments in subsidiaries 11,542,040 (37,654,392) -

(1) Investment portion of 45.30% represents direct holding in Maerim Terrace Resort Limited. Another 15% indirect holding is invested through subsidiary.(2) Paid up capital of Thai Assets management Property Fund is investment in Class C and Class D unitholders.(3) Investment portion 50% represents direct holding in RGD. Another 36.2% indirect holding is invested through subsidiary.(4) Investment portion 51% represents direct holding in MST. Another 49% indirect holding is invested through subsidiary.(5) Investment potion 49.3% represents direct holding in RHC. Another 8.4% indirect holding is invested through subsidiary.

99.. Investments - equity method (Cont’d)

a) Investments in subsidiaries (Cont’d)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

99.. Investments - equity method (Cont’d)

a) Investments in subsidiaries (Cont’d)

Subsidiaries under The Minor Food Group Public Company Limited (MFG), Hua Hin Resort Limited, MSpaInternational Limited and Rajadamri Hotel Public Company Limited (RHC) included in the preparation of theconsolidated financial statements are :

InvestmentCompany Country of portion

Nature of business incorporation (%)

MFG’s subsidiaries

Swensen’s (Thai) Limited Sales of food and beverage Thailand 100

Minor Cheese Limited Manufacturing and sales of cheese Thailand 100

Minor Dairy Limited Manufacturing and sales of ice-cream Thailand 100

Minor DQ Limited Sales of food and beverage Thailand 100

R.G.R. Food Service Limited Sales of food and beverage Thailand 100

Catering Associates Limited Catering service Thailand 51

Burger (Thailand) Limited Sales of food and beverage Thailand 95

International Franchise Holding (Labuan) Limited Franchise owner Malaysia 100

The Pizza Restaurant Company Limited Sales of food and beverage Thailand 100

SLRT Limited Sales of food and beverage Thailand 100

International Franchise Holding (Labuan)

Limited’s subsidiaries

China Food Group Limited Franchise owner and sales of food Cayman Islands 100

and beverage

Franchise Investment Corporation of Asia Ltd. Franchise owner British Virgin Islands 100

Beijing Lejazz Food & Beverage Co., Ltd. Sales of food and beverage People’s Republic 92.59

of China

Hua Hin Resort Limited’s subsidiary

Hua Hin Village Limited Hotel operation Thailand 100

MSpa International Limited’s subsidiary

Mandara Spa Ventures Limited Spa services British Virgin 100

Islands

Mandara Spa Enterprise Management (Shianghai) Limited Spa services People’s Republic 100

of China

Rajadamri Hotel Public Company Limited’s subsidiaries

Luxury Limosine Company Limited Domestic transportation Thailand 100

Rajadamri Residence Company Limited Project development Thailand 100

(formerly “Laem Singh Beach Resort Company Limited”)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

99.. Investments - equity method (Cont’d)

a) Investments in subsidiaries (Cont’d)

Thai Assets Management Property FundOn 24 December 2002, the Group invested in the Thai Assets Management Property Fund which is registeredwith the Securities and Exchange Commission. The Fund was established for the purpose of investment inreal estate. The financial statements of the Property Fund are fully consolidated in the consolidated financialstatements because the Group has influence to exercise control over the financing and operating policies of theProperty Fund.

As at 31 December 2005, the Group holds 100% of the Property Fund’s Class C and Class D units. The Class Cand Class D unitholders have the right to receive dividends after dividends are paid to Class A and Class Bunitholders. As at 31 December 2005, the Class A and Class B unitholders have investments amounting toBaht 724.9 million (31 December 2004 : Baht 824.9 million). These unitholders will receive dividends at thespecified interest rates and have rights to receive dividends before other classes of unitholders. Such capital ofClass A and Class B unitholders is classified as borrowings (Note 18) according to its underlying substance.

The Minor Food Group Public Company LimitedDuring the year, the Group acquired 138,680 additional ordinary shares in The Minor Food Group Public CompanyLimited for consideration of Baht 15 million. As a result, the Group holds 32,623,377 shares representing 99.67%in MFG’s issued shares. Goodwill arising from this acquisition is amounting to Baht 13.9 million.

Rajadamri Hotel Public Company LimitedDuring the year, the Group acquired 14,927,490 additional ordinary shares in Rajadamri Hotel Public CompanyLimited for consideration of Baht 706 million. As a result, the Group holds 40,873,155 shares representing 90.8%in RHC’s issued shares. Goodwill arising from this acquisition is amounting to Baht 35.9 million.

R.G.E. (HKG) LimitedThe financial statements as of 31 December 2005 of R.G.E. (HKG) Limited, included in these consolidatedfinancial statements, were prepared by the management of the subsidiary and have not been audited by itsauditor. However, the financial statements of this company are not significant to the consolidated financialstatements.

China Food Group LimitedBefore 2005, International Franchise Holding (Labuan) Limited hold 18.52% interests in China Food GroupLimited (CFG). Investment in CFG was accounted in other long-term investment. In addition, InternationalFranchise Holding (Labuan) Limited has made a deposit for share purchase right amounting to USD 1,700,000which is an irrevocable option. The option is valid until 31 December 2007.

On 31 December 2005, International Franchise Holding (Labuan) Limited purchases additional interests of81.48% in CFG, amounting to Baht 31.7 million. As a result, the Group holds 100% of CFG’s issued shares.The investment status of CFG therefore becomes a subsidiary. Goodwill arising from the new acquisition isamounting to Baht 83.3 million. The Group has consolidated the financial statements of CFG and its subsidiariescommencing from 31 December 2005. To account for the change in the investment status, the Group hasrecongised the share of loss in CFG before 1 January 2005 amounting to Baht 12.8 million and adjusted to theretained earnings and recognised the share of loss for the year amounting to Baht 18.9 million in thestatements of income for the year 2005.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

Details of the acquisition are as follows:

Consoldiated2005Baht

Purchase consideration 31,696,083

Fair value of net assets acquired (51,623,792)

Goodwill 83,319,875

Short-term loans to CFG 138,261,131

Less : Cash and cash equivalents of the investee company (35,540,891)

Net cash outflow on the acquisition of investment 102,720,240

The fair value of assets and liabilities acquired in China Food Group Limited are as follows:

Baht

Cash and cash equivalents 35,540,891

Accounts receivable 2,943,976

Inventories 25,744,096

Prepaid expenses 6,204,468

Other current assets 2,106,407

Property, plant and equipment 196,390,480

Intangible asset 30,838,939

Deposit 11,967,629

Short term loan from financial institutions (106,485,750)

Accounts payable (16,748,434)

Amount due to related companies (393,714)

Short-term loans from related companies (138,261,131)

Accounts payable - others (3,674,925)

Accrued expenses (11,535,531)

Corporate income tax payable (1,655,144)

Other non current liabilities (66,196,980)

Translation adjustment (20,458,492)

Minority interests (9,684,408)

Fair value of net assets (63,357,623)

Interest acquired 81.48%

Fair value of net assets acquired (51,623,792)

Fair value of assets and liabilities in CFG are approximate to the book value due to the identifiable assets and liabilities are mainlyshort-term.

99.. Investments - equity method (Cont’d)

a) Investments in subsidiaries (Cont’d)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

b) Investments in associates

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Opening net book value 126,911,919 1,015,812,407 91,251,171 998,256,227

Acquisitions 83,257,936 75,539,505 7,285,167 75,539,505

Share of net profit in associates 91,784,268 83,033,262 82,405,334 66,585,293

Dividends received - (33,184,899) - (33,184,898)

Share of loss in associates due to change in status

from other investment to investment in associates - (4,343,400) - -

Transferred from other long-term investments

to investment in associates (MVVL) - 6,000,000 - -

Transferred investment in RHC to investments

in subsidiaries - (1,015,944,956) - (1,015,944,956)

Closing net book value 301,954,123 126,911,919 180,941,672 91,251,171

Maikhao Vacation Villas LimitedDuring the first quarter, the Company purchased 60,000 ordinary shares in Maikhao Vacation Villas Limited(MVVL), representing 15% of the issued shares, for consideration of Baht 7.3 million from its subsidiary, RNSHolding Limited. As a result, the Company holds directly 50% of MVVL’s issued shares. The equity method ofaccounting is applied to this investment in both the consolidated and Company financial statements.

Eutopia Private Holding LimitedDuring the fourth quarter, the Group invested in 200,000 ordinary shares at par in Eutopia Private HoldingLimited representing 50% of the issued shares, for consideration of Baht 81.59 million. The investment inEutopia Private Holding Limited is accounted for using equity method.

Coco Palm Hotel & Resort Co., Ltd.On 2 November 2004, the Group acquired 472,000 ordinary shares and 129,906 preferred shares in Coco PalmHotel & Resort Co., Ltd. (Coco Palm) representing 40% of potential voting right, for consideration of Baht 55million.

In December 2004, the Coco Palm Hotel and Resort which was operated by Coco Palm was severely damagedby the wake of the Tsunami tragedy in Andaman Sea. The Company did not include the operating results ofCoco Palm in the share of results in associates because Coco Palm does not have in place the future businessplan after the loss. The company has provided for an impairment loss on this investment amounting to Baht8.3 million, based on the fact that the Group’s share in value of the land is approximated to the carrying valueof the investment after the provision.

99.. Investments - equity method (Cont’d)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

Select Service Partner LimitedThe Group has not included the financial statements of Select Service Partner Limited which is a MFG’sassociated company in the consolidated financial statements because it does not have control over thiscompany although the equity interest held is 51 percent. The equity method of accounting is applied to thisinvestment in both the consolidated and Company financial statements.

S&P Minor Food LimitedDuring the year 2005, the Group disposed its entire investment in S&P Minor Food Limited at Baht 0.5 million,resulting in the Group realising a gain of Baht 0.5 million since it was fully provided for allowance forimpairment in value of the investment by the Group in the previous years.

99.. Investments - equity method (Cont’d)

b) Investments in associates (Cont’d)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

Consolidated - 31 December 2005

Paid-up InvestmentNature of Country of Nature of capital portion Cost Equity Dividendbusiness incorporation relationship Baht Million % Baht Baht Baht

Maikhao Vacation Villas Limited Sales of Right-to-Use in Thailand Shareholder 40 50 22,999,292 118,232,036 -

Time sharing resort

Coco Palm Hotel & Resort Co., Ltd. Hotel operation Thailand Shareholder 92.5 40 55,000,000 46,209,500 -

Arabian Spa (Dubai) Limited Spa services United Arab Emirates Shareholder 3.4 49 1,667,936 1,646,532 -

(0.3 Dirham Million)

Eutopia Private Holding Limited Hotel operation Republic of Maldives Shareholder 163.2 50 81,590,000 76,228,876 -

(4 USD Million)

Sizzler China Pte Limited Franchise owner Singapore Shareholder - 50 - 2,882,800 -

Select Service Partner Limited Sales of food and beverage Thailand Shareholder 45 51 22,950,000 56,754,379 -

Total investments in associates 184,207,228 301,954,123 -

Consolidated - 31 December 2004

Paid-up InvestmentNature of Country of Nature of capital portion Cost Equity Dividendbusiness incorporation relationship Baht Million % Baht Baht Baht

Maikhao Vacation Villas Limited Sales of Right-to-Use in Thailand Shareholder 40 45.86 (1) 22,999,292 47,350,278 -

Time sharing resort

Coco Palm Hotel & Resort Co., Ltd. Hotel operation Thailand Shareholder 92.5 40 (2) 55,000,000 46,477,000 -

Select Service Partner Limited Sales of food and beverage Thailand Shareholder 45 51 22,950,000 33,084,641 -

100,949,292 126,911,919

S&P Minor Food Limited Real estate rental Thailand Shareholder 1 50 500,000 500,000 -

Less : Allowance for impairment in value of investment (500,000) (500,000) -

Total investments in associates 100,949,292 126,911,919 -

(1) Investment portion of 45.86% represents both direct and indirect holding in Maikhao Vacation Villas Limited.(2) Investment portion in Coco Palm Hotel & Resort Co., Ltd. is 65.04% but the Company has voting right at 40%.

99.. Investments - equity method (Cont’d)

b) Investments in associates (Cont’d)

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Company - 31 December 2005

Paid-up InvestmentNature of Country of Nature of capital portion Cost Equity Dividendbusiness incorporation relationship Baht Million % Baht Baht Baht

Maikhao Vacation Villas Limited Sales of Right-to-Use in Thailand Shareholder 40 50 24,284,460 134,732,172 -

Time sharing resort

Coco Palm Hotel & Resort Co., Ltd. Hotel operation Thailand Shareholder 92.5 40 (1) 55,000,000 46,209,500 -

Total investments in associates 79,284,460 180,941,672 -

Company - 31 December 2004

Paid-up InvestmentNature of Country of Nature of capital portion Cost Equity Dividendbusiness incorporation relationship Baht Million % Baht Baht Baht

Maikhao Vacation Villas Limited Sales of Right-to-Use in Thailand Shareholder 40 35 16,999,292 44,774,171 -

Time sharing resort

Coco Palm Hotel & Resort Co., Ltd. Hotel operation Thailand Shareholder 92.5 40(1) 55,000,000 46,477,000 -

Total investments in associates 71,999,292 91,251,171 -

(1) Investment portion in Coco Palm Hotel & Resort Co., Ltd. is 65.04% but the Company has voting right at 40%.

99.. Investments - equity method (Cont’d)

b) Investments in associates (Cont’d)

Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

1100.. Other long-term investments, net

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Other companies, net 25,350,092 45,812,762 14,550 12,680

Related companies, net 270,441,462 142,719,030 40,842,750 21,238,230

Other long-term investments, net 295,791,554 188,531,792 40,857,300 21,250,910

a) Investments in other companies

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Opening net book amount 45,812,762 37,843,855 12,680 12,075

Acquisition 149,722 28,298,280 - -

Disposals of investments (5,972) (20,781) - -

Provision for impairment of investments - (5,263,012) - -

Transferred from advance for share subscription in related companies - 198,042 - -

Transferred investment in CFG to investment in subsidiary (19,952,000) - - -

Transferred investment in MVVL to investment in associate - (6,000,000) - -

Change in fair value of investments (654,420) (9,243,622) 1,870 605

Closing net book amount 25,350,092 45,812,762 14,550 12,680

Consolidated

Cost method Fair value2005 2004 2005 2004Baht Baht Baht Baht

Available-for-sale securities, cost 21,917,206 21,773,461 22,912,202 23,867,522

Adjust : Fair value reserves 994,996 2,094,061 - -

Available-for-sale securities, net 22,912,202 23,867,522 22,912,202 23,867,522

General investments 2,437,890 21,945,240

Investments in the other companies, net 25,350,092 45,812,762

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

Company

Cost method Fair value2005 2004 2005 2004Baht Baht Baht Baht

Available-for-sale securities, cost 5,733 5,733 14,550 12,680

Adjust : Fair value reserves 8,817 6,947 - -

Investments in the other companies, net 14,550 12,680 14,550 12,680

b) Investments in related companies

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Opening net book amount 142,719,030 91,648,530 21,238,230 18,991,116

Acquisition 28,652,720 9,016,680 4,356,560 1,508,040

Disposals - - - (5,209,306)

Change in fair value of investments 99,069,712 42,053,820 15,247,960 5,948,380

Closing net book amount 270,441,462 142,719,030 40,842,750 21,238,230

1100.. Other long-term investments, net (Cont’d)

a) Investments in other companies (Cont’d)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

1100.. Other long-term investments, net (Cont’d)

b) Investments in related companies (Cont’d)Consolidated

Paid-up Investment Fair value NetNature of Country of Nature of capital portion Cost reserves investmentbusiness incorporation relationship Baht Million (%) Baht Baht Baht

3311 December 22000055

Available-for-sale securitiesMinor Corporation Public Company Limited Distribution of products, Thailand Shareholder 371 11.58 115,248,216 155,193,246 270,441,462

management services

provider and aircraft distributor

Total investments in related companies 115,248,216 155,193,246 270,441,462

3311 December 22000044

Available-for-sale securitiesMinor Corporation Public Company Limited Distribution of products, Thailand Shareholder 235 15.24 86,595,496 56,123,534 142,719,030

management services

provider and aircraft distributor

Total investments in related companies 86,595,496 56,123,534 142,719,030

Company

Paid-up Investment Fair value NetNature of Country of Nature of capital portion Cost reserves investmentbusiness incorporation relationship Baht Million (%) Baht Baht Baht

3311 December 22000055

Available-for-sale securitiesMinor Corporation Public Company Limited Distribution of products, Thailand Shareholder 371 1.76 17,077,960 23,764,790 40,842,750

management services

provider and aircraft distributor

Total investments in related companies 17,077,960 23,764,790 40,842,750

3311 December 22000044

Available-for-sale securitiesMinor Corporation Public Company Limited Distribution of products, Thailand Shareholder 235 2.32 12,721,400 8,516,830 21,238,230

management services

provider and aircraft distributor

Total investments in related companies 12,721,400 8,516,830 21,238,230

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1111.. Related party transactions

During 2005 Minor Corporation Public Company Limited has made additional investment the Company’sordinary shares and has accounted for the investment in the Company as investment in associate. Therefore,Minor Corporation Public Company Limited and its subsidiaries are related companies of the Group.

During the year the Group and the Company have entered into transactions with its subsidiaries, associates,and related companies. The terms and basis of such transactions are negotiated between the parties in theordinary course of business and according to normal trade conditions.

Pricing policies for related party transactions comprise:Pricing policies

Sales and purchases Market pricesRental income Agreed prices which approximate market pricesFranchise fee Agreed prices which approximate market pricesManagement income and other income Agreed prices which approximate market pricesInterest income Rate as mutually agreed by shareholders and rate determined with

reference to the interest rate quoted by commercial banksRental expenses Agreed prices which approximate market pricesManagement expenses Agreed prices which approximate market pricesRoyalty fee Agreed prices which approximate market pricesInterest expenses Rate determined with reference to the interest rate quoted by

commercial banks

Significant transactions with related companies for the years ended 31 December 2005 and 2004 aresummarised as follows :

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Sales

Subsidiaries - - - 46,389

Associates 19,046,449 17,321,052 - -

Total sales 19,046,449 17,321,052 - 46,389

Rental income

Subsidiaries - - 38,812,355 35,930,090

Related companies 21,278,264 18,367,198 - -

Total rental income 21,278,264 18,367,198 38,812,355 35,930,090

Interest income

Subsidiaries - - 128,903,710 69,844,384

Associates 11,331,645 3,110,159 8,335,619 1,756,407

Related companies 202,737 111,878 - -

Total interest income 11,534,382 3,222,037 137,239,329 71,600,791

Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Management fee income

Subsidiaries - - 80,399,438 83,390,412

Associates 3,651,416 1,319,741 - -

Related companies 13,526,460 8,907,132 1,320,000 1,200,000

Total management fee income 17,177,876 10,226,873 81,719,438 84,590,412

Dividend income

Related companies 5,372,385 10,744,770 816,855 1,633,710

Other income

Subsidiaries - - 8,239,838 8,161,339

Associates 2,700,000 2,472,705 1,860,000 1,640,000

Total other income 2,700,000 2,472,705 10,099,838 9,801,339

Purchases

Subsidiaries - - 244,860 183,318

Associates 8,970 - - -

Related companies 10,617,898 4,334,205 - -

Total purchases 10,626,868 4,334,205 244,860 183,318

Rental expenses

Subsidiaries - - 11,696,281 17,890,901

Associates 221,325 4,069,440 - -

Related companies 17,645,650 18,379,844 - -

Total rental expenses 17,866,975 22,449,284 11,696,281 17,890,901

Interest expenses

Subsidiaries - - 14,894,857 2,324,417

Associates 296 904 - -

Related companies - 62,798 - -

Total interest expenses 296 63,702 14,894,857 2,324,417

Management fee expenses

Related companies 40,222,295 35,417,713 10,212,000 10,212,000

Royalty fee

Subsidiaries - - 10,358,835 12,484,918

Other expenses

Related companies 2,984,163 5,588,644 513,349 398,304

Directors’ remuneration 4,629,032 4,030,000 2,130,000 2,130,000

Directors’ remuneration represents directors’ fees (exclusive of salaries and related benefits payable to theexecutive directors) paid to the Company’s directors in accordance with Section 90 of the Public LimitedCompany Act, and was approved by the shareholders in their Annual General Meeting.

1111.. Related party transactions (Cont’d)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

As at 31 December 2005 and 2004, outstanding balances arising from receivable, payable, advances and loansfrom/to related companies are summarised as follows:

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Amounts due from related companies

Subsidiaries - - 105,405,026 103,313,377

Associates 13,432,987 19,301,820 2,743,444 2,073,644

Related companies 2,021,628 5,522,307 - 599,901

Total amounts due from related companies 15,454,615 24,824,127 108,148,470 105,986,922

Outstanding amounts due from related companies as at 31 December 2005 and 2004 can be analysed byaging as follows:

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Not yet due 8,753,330 8,112,016 37,634,590 29,484,412

Overdue less than 90 days 5,526,132 5,419,114 19,246,596 21,666,106

Overdue 91 - 180 days 826,283 590,366 17,448,562 14,083,102

Overdue 181 - 365 days 165,471 602,082 29,701,726 20,341,639

Overdue over 365 days 183,399 10,100,549 4,116,996 20,411,663

Total amounts due from related companies 15,454,615 24,824,127 108,148,470 105,986,922

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Long-term loans to related companies

Subsidiaries - - 2,521,861,776 1,750,012,809

Associates 372,961,741 188,849,194 167,536,741 126,740,446

Related companies 3,286,800 3,128,688 - -

Total long-term loans to related companies 376,248,541 191,977,882 2,689,398,517 1,876,753,255

1111.. Related party transactions (Cont’d)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Amounts due to and advances from related companies

Subsidiaries - - 12,491,710 5,051,553

Associates 308,318 168,030 5,922 -

Related companies 3,795,887 5,546,109 3,874 -

Total amounts due to and advances from related companies 4,104,205 5,714,139 12,501,506 5,051,553

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Short-term loans from related companies

Subsidiaries - - 1,012,043,898 847,924,260

1122.. Land held for future development and projects under development

Land held for future development and projects under development are stated at cost, and are held by thefollowing subsidiaries:

Consolidated2005 2004Baht Baht

Thai Project Property Fund 62,468,464 93,264,803

MI Squared Limited 268,402,028 -

Samui Beach Residence Limited 31,793,358 -

Samui Village Limited 251,359,947 58,033,886

Baan Boran Chiangrai Limited 179,534,265 19,263,554

Rajadamri Residence Company Limited 50,341,873 -

Royal Garden Plaza Limited 15,063,380 -

Total land held for future development and projects under development 858,963,315 170,562,243

1111.. Related party transactions (Cont’d)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

1133.. Property, plant and equipment, net

Consolidated - Baht

Building Building and Furniture,Land and land Leasehold and fitting leasehold fixtures and Other Motor Operating Construction Totalimprovement right equipment improvement office equipment equipment vehicles equipment in progress

At 3311 December 22000044

Cost 605,346,386 3,053,528,029 7,324,574,026 1,928,472,940 3,088,597,518 1,250,757,541 234,171,528 272,909,058 130,194,334 17,888,551,360

Less: Accumulated depreciation (94,146,924) (1,062,599,365) (2,476,382,071) (1,021,932,517) (1,990,478,423) (844,543,961) (138,058,586) (112,628,366) - (7,740,770,213)

Provision for impairment loss - - - - - (20,125,728) - - - (20,125,728)

Net book value 511,199,462 1,990,928,664 4,848,191,955 906,540,423 1,098,119,095 386,087,852 96,112,942 160,280,692 130,194,334 10,127,655,419

Year ended 3311 December 22000055

Opening net book value 511,199,462 1,990,928,664 4,848,191,955 906,540,423 1,098,119,095 386,087,852 96,112,942 160,280,692 130,194,334 10,127,655,419

Additions 2,686,598 2,650,155 28,324,786 225,901,655 280,203,648 149,984,036 653,438 67,112,655 380,129,558 1,137,646,529

Arisen from acquisition of CFG

(Note 9 a) - - - - - 50,840,991 825,694 3,096,452 141,627,343 196,390,480

Reclassification (15,940,245) 25,829,676 106,137,465 178,217,869 97,712,710 25,373,696 2,802,124 (7,470,929) (412,662,366) -

Write-off - - - (20,769,093) (3,626,457) (2,674,666) - (31,313,921) (2,966,008) (61,350,145)

Disposals (4,000,000) - (8,906,319) (435,518) (13,691,253) (21,088,302) (283,339) (6,061,319) (4,566,973) (59,033,023)

Transfer from other accounts - - - - - - - 200,685 - 200,685

Depreciation charge (7,914,995) (104,272,082) (313,115,295) (185,692,282) (362,435,343) (109,512,010) (31,410,854) (12,469,042) - (1,126,821,903)

Net impairment - - - - - 8,275,318 - - - 8,275,318

Closing net book value 486,030,820 1,915,136,413 4,660,632,592 1,103,763,054 1,096,282,400 487,286,915 68,700,005 173,375,273 231,755,888 10,222,963,360

At 3311 December 22000055

Cost 588,092,739 3,071,609,146 7,434,583,334 2,183,013,010 3,351,958,595 1,450,604,371 238,404,431 301,115,452 231,755,888 18,851,136,966

Less: Accumulated depreciation (102,061,919) (1,156,472,733) (2,773,950,742) (1,079,249,956) (2,255,676,195) (951,467,046) (169,704,426) (127,740,179) - (8,616,323,196)

Provision for impairment loss - - - - - (11,850,410) - - - (11,850,410)

Net book value 486,030,820 1,915,136,413 4,660,632,592 1,103,763,054 1,096,282,400 487,286,915 68,700,005 173,375,273 231,755,888 10,222,963,360

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Company - Baht

Building Building and Furniture,Land and land Leasehold and fitting leasehold fixtures and Other Motor Operating Construction Totalimprovement right equipment improvement office equipment equipment vehicles equipment in progress

At 3311 December 22000044

Cost 9,510,983 18,690,531 526,505,308 15,262,326 217,156,979 895,019 25,860,185 12,921,845 26,231,482 853,034,658

Less : Accumulated depreciation - (9,968,738) (209,174,116) (6,512,761) (118,904,550) (145,386) (13,020,436) (4,819,945) - (362,545,932)

Net book value 9,510,983 8,721,793 317,331,192 8,749,565 98,252,429 749,633 12,839,749 8,101,900 26,231,482 490,488,726

Year ended 3311 December 22000055

Opening net book value 9,510,983 8,721,793 317,331,192 8,749,565 98,252,429 749,633 12,839,749 8,101,900 26,231,482 490,488,726

Additions - - 10,245,736 - 8,722,179 5,038,244 653,437 252,000 15,800,443 40,712,039

Reclassification - - 8,460,751 21,096,207 7,702,577 - - 2,376,250 (39,635,785) -

Disposals - - - - (658,763) - (3) - - (658,766)

Depreciation charge - (622,613) (23,405,579) (2,205,965) (26,697,693) (417,431) (2,331,026) (745,845) - (56,426,152)

Closing net book value 9,510,983 8,099,180 312,632,100 27,639,807 87,320,729 5,370,446 11,162,157 9,984,305 2,396,140 474,115,847

AAtt 3311 DDeecceemmbbeerr 22000055

Cost 9,510,983 18,690,531 545,211,795 36,358,533 229,695,141 5,933,263 25,841,291 15,550,095 2,396,140 889,187,772

Less : Accumulated depreciation - (10,591,351) (232,579,695) (8,718,726) (142,374,412) (562,817) (14,679,134) (5,565,790) - (415,071,925)

Net book value 9,510,983 8,099,180 312,632,100 27,639,807 87,320,729 5,370,446 11,162,157 9,984,305 2,396,140 474,115,847

Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

1133.. Property, plant and equipment, net (Cont’d)

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1133.. Property, plant and equipment, net (Cont’d)

A subsidiary which is operating a hotel on leasehold land has mortgaged parts of the leasehold rights to landand the constructions thereon, machinery and equipment to secure long-term loans from financial institutions.Another subsidiary has mortgaged parts of its land and building to secure long-term loans from financialinstitutions (Note 18).

During 2002 to 2003, certain subsidiaries have entered into sale and leaseback agreements with the Thai AssetsManagement Property Fund and Sub Thawee Property Fund with the first right of repurchase. The Property Fundsare consolidated in the consolidated financial statements of the Company and of MFG, respectively. The saleand leaseback transactions have been accounted for as secured borrowings (Note 18). No change in property,plant and equipment was recognised in the consolidated financial statements as a result of these transactions.

As at 31 December 2005, long-term borrowings (Note 18) are secured by fixed assets of subsidiaries with bookvalues of Baht 1,432 million.

Consolidated (1) Company (2)

Baht Million Baht Million

Capital commitments as at 31 December 2005 286.7 0.8

Capital commitments as at 31 December 2004 65.4 1.1

(1) As at 31 December 2005, subsidiaries have commitments for hotel construction costs contracted but not recognised as liabilities of

approximately Baht 285.9 million (2004 : Baht 64.3 million).

(2) As at 31 December 2005, the Company has commitments for the renovation of hotel rooms and systems contracted but not yet

recognised as liabilities of approximately Baht 0.8 million (2004 : Baht 1.1 million).

1144.. Intangible assets, net

Consolidated (Baht)

Franchisedevelopment Initial Negative

expenses franchise fees Goodwill goodwill Total

At 3311 December 22000044

Cost 154,681,421 86,943,465 1,748,581,577 (624,681,677) 1,365,524,786

Less : Accumulated amortisation (148,527,408) (66,199,789) (200,959,709) 174,907,295 (240,779,611)

Net book value 6,154,013 20,743,676 1,547,621,868 (449,774,382) 1,124,745,175

Transactions during the year ended

3311 December 22000055

Assets of CFG as at the additional acquisition date

Cost - - 31,906,626 - 31,906,626

Less : Accumulated depreciation - - (1,067,687) - (1,067,687)

Net book amount - - 30,838,939 - 30,838,939

Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

Consolidated (Baht)

Franchisedevelopment Initial Negative

expenses franchise fees Goodwill goodwill Total

Refer to Note 9 a)

Goodwill arisen from acquisition of MFG - - 13,937,416 - 13,937,416

Goodwill arisen from acquisition of CFG - - 83,319,875 - 83,319,875

Goodwill arisen from acquisition of RHC - - 35,929,968 - 35,929,968

- - 133,187,259 - 133,187,259

Additions - 1,216,838 - - 1,216,838

Write-off - - 59,378 - 59,378

Amortisation charge (1,291,591) (3,719,737) (55,557,245) 34,131,742 (26,436,831)

Closing net book value 4,862,422 18,240,777 1,656,150,199 (415,642,640) 1,263,610,758

AAtt 3311 DDeecceemmbbeerr 22000055

Cost 154,681,421 88,160,303 1,913,734,840 (624,681,677) 1,531,894,887

Less : Accumulated amortisation (149,818,999) (69,919,526) (257,584,641) (209,039,037) (268,284,129)

Net book value 4,862,422 18,240,777 1,656,150,199 (415,642,640) 1,263,610,758

1155.. Other non - current assets

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Deposits 173,522,406 209,586,304 3,611,473 3,625,243

Deferred charges 109,452,214 47,214,575 19,768,515 23,632,812

Tax refundable 18,255,611 18,255,611 - -

Others 28,402,249 20,471,898 - -

Total other non-current assets 329,632,480 295,528,388 23,379,988 27,258,055

Under the conditions of the tax defence process as described in Note 31, the tax refund of a subsidiarywhich has been approved for refund by the Revenue Department totalling Baht 18.3 million is pledged as aguarantee with the Revenue Department.

1166.. Bank overdrafts and short-term loans from financial institutions

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Bank overdrafts 20,096,852 9,476,497 12,792,032 3,697,663

Short-term loans from financial institutions 748,485,750 430,932,798 642,000,000 430,932,798

Total bank overdrafts and short-term

loans from financial institutions 768,582,602 440,409,295 654,792,032 434,630,461

The bank overdrafts and short-term loans from financial institutions are denominated in Thai Baht.

1144.. Intangible assets, net (Cont’d)

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

1177.. Other current liabilities

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Accounts payable - construction 73,859,218 93,165,538 7,172,712 3,455,875

Accounts payable - other 260,451,780 194,534,746 7,834,140 8,493,402

Others 215,336,739 256,218,858 18,676,896 17,315,608

Total other current liabilities 549,647,737 543,919,142 33,683,748 29,264,885

1188.. Long-term borrowings

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Current portion

Loans from financial institutions 482,900,000 263,250,000 54,040,000 -

Long-term borrowings

Loans from financial institutions 968,298,601 1,490,449,139 292,000,000 469,440,000

Other borrowings 1,174,900,000 1,274,900,000 - -

2,143,198,601 2,765,349,139 292,000,000 469,440,000

Total long-term borrowings 2,626,098,601 3,028,599,139 346,040,000 469,440,000

Maturity of long-term borrowings can be analysed as follows:

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Next year 482,900,000 263,250,000 54,040,000 -

Between 2 and 5 years 968,298,601 1,443,449,139 292,000,000 469,440,000

Over 5 years 1,174,900,000 1,321,900,000 - -

Total long-term borrowings 2,626,098,601 3,028,599,139 346,040,000 469,440,000

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

1188.. Long-term borrowings (Cont’d)

The movements in the borrowings can be analysed as follows:

Consolidated CompanyBaht Baht

For the year ended 31 December 2005

Opening amount 3,028,599,139 469,440,000

Borrowings 1,076,600,000 976,600,000

Repayment of borrowings (1,479,930,000) (1,100,000,000)

Transaction costs 829,462 -

Closing amount 2,626,098,601 346,040,000

Loans from financial institutions

As at 31 December 2005, loans from financial institutions in the consolidated financial statements totallingBaht 1,451 million comprised :

a) The Company’s outstanding loans of Baht 292 million and Baht 54 million. The first loan carries 12 monthsfixed deposit rate plus a fixed rate of interest and is due for repayment in 2009. The loan is subject tocertain conditions with which the Company has to comply with throughout the loan period. Another loan ofBaht 54 million carries a fixed rate of interest and is due for repayment in 2006. The loan is subject tocertain conditions with which the Company has to comply with throughout the loan period.

b) Two subsidiaries’ outstanding loans amounting to Baht 716 million. The loans are secured against amortgage of land, part of their leasehold rights to land and constructions thereon, machinery and equipmentof two subsidiaries (Note 13). The loans carry interest at a fixed rate during the year 2004 to 2005 and willchange to MLR minus a fixed rate and agreed floating rate on 1 January 2006. The loans are due forrepayment during 1999 to 2009.

c) A subsidiary’s unsecured loan of Baht 83 million. The loan carries a MLR minus a fixed rate of interest andis due for repayment in 36 monthly installments starting from 31 July 2005. The loan is subject to certainconditions with which the subsidiary has to comply with throughout the loan period.

d) A subsidiary’s unsecured loan of Baht 124 million. The loan carries a fixed rate of interest for the first3 years and a floating rate of interest for the fourth year. The loan is to be repaid in seven semi-annuallyinstallments starting from 30 June 2004. The loan is subject to certain conditions with which the subsidiaryhas to comply with throughout the loan period.

e) A subsidiary’s unsecured loan of Baht 72 million. The loan carries a fixed rate of interest and is duefor repayment within 4 years. The first repayment totalling Baht 26 million is due in the fourth quarterof 2004. The loan is subject to certain conditions with which the subsidiary has to comply with throughoutthe loan period.

f ) A subsidiary’s unsecured loan of Baht 110 million. The loan carries a fixed rate of interest and is due forrepayment within 2006.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

1188.. Long-term borrowings (Cont’d)

Other borrowings

Other borrowing loan amounting to Baht 1,175 million represents borrowings by the two property funds asfollows:

a) Long-term loan amounting to Baht 725 million representing Class A and B investment units in the ThaiAssets Management Property Fund being units held by banks and financial institutions. These unitholdersreceive interest at fixed rates and MLR minus fixed rates as specified in the Unit Holders Agreement.The loans are repayable within 10 years.

Thai Assets Management Property Fund holds sub-lease rights and legal titles in the Group’s property,plant and equipment with a book value of Baht 1,106 million as collateral.

b) Long-term loan amounting to Baht 450 million representing Class A investment units in the Sub ThaweeProperty Fund being units held by banks and financial institutions. These unitholders receive interest atMLR minus fixed rates as specified in the Unit Holders Agreement. The loans are repayable within 10 years.

Sub Thawee Property Fund holds sub-lease rights and legal titles in the Group’s property, plant andequipment with a book value of Baht 326 million as collateral.

Borrowing facilities

The Group and the Company have the following undrawn committed long-term borrowing facilities:

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Floating interest rate

- expiring within one year 108,000,000 400,000,000 108,000,000 400,000,000

- expiring beyond one year 200,000,000 200,000,000 200,000,000 200,000,000

308,000,000 600,000,000 308,000,000 600,000,000

The facilities have been arranged to finance the proposed expansion of the Group and the Company’s activities.

The carrying amounts of long-term loans as of 31 December 2005 approximate to their fair values.

1199.. Liabilities under finance lease agreements, net

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Liabilities under finance lease agreements 27,948,666 55,763,907 - -

Less : Deferred interest (1,493,538) (4,999,493) - -

26,455,128 50,764,414 - -

Less : Current portion (22,381,638) (14,888,590) - -

Liabilities under finance lease agreements, net 4,073,490 35,875,824 - -

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

1199.. Liabilities under finance lease agreements, net (Cont’d)

Two subsidiaries have entered into finance lease agreements with a leasing company for rental of motor vehicles for operations and are committed to pay rental fees on a monthly basis. As at 31 December 2005, minimum lease commitments under the finance lease agreements are as follows:

Year Million Baht

2006 23.66

2007 4.29

27.95

2200.. Debentures

Consolidated and Company

2005 2004Baht Baht

Current portion of debentures 212,500,000 212,500,000

Debentures due in longer term 3,556,250,000 2,668,750,000

Total debentures 3,768,750,000 2,881,250,000

The movements in debentures can be analysed as follow:

Consolidated and Company

Baht

For the year ended 3311 December 22000055

Opening amount 2,881,250,000

Repayment (212,500,000)

Additions 1,100,000,000

Closing amount 3,768,750,000

Debentures comprise:

a) 1,700,000 units of debentures issued during the third quarter of 2002, (unsecured, senior and withouta debenture holder’s representative) with a par value of Baht 1,000 each, totalling Baht 1,700 million,to be used for the repayment of previous debentures and long-term loans before their due dates. Thematurity period of the debentures is 5 years. The debentures will be due semi-annually and will be redeemed8 times in amount of Baht 106.25 million each with the first redemption due on 23 August 2003. The lastredemption amount will be Baht 850 million on 23 August 2007. The debentures holders are entitled toreceive interest at a fixed rate, and the Company will pay interest semi-annually on 23 February and23 August of each year, throughout the debentures’ term. The terms and conditions of the debenturesholders’ rights contain covenants, including the maintenance of a certain debt to equity ratio, and limitson the payment of dividends and the disposal and transfer or pledge of certain operating assets of theCompany which are used in its main operations.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

2200.. Debentures (Cont’d)

b) Debentures issued in January 2004 which are unsecured, senior and without a debenture holder’srepresentatives totalling Baht 1,000 million. These debentures have a fixed rate of interest and are duefor repayment within 2010.

c) Debentures issued in December 2004 which are unsecured, senior and without a debenture holder’srepresentatives amounting to Baht 500 million. These debentures have a fixed rate of interest and duefor repayment within 2007.

d) Debentures issued in May 2005 which are unsecured, senior and without a debenture holder’srepresentatives amounting to Baht 1,100 million. These debentures have a fixed rate of interest and duefor repayment with in 2010.

At the annual general meeting of the shareholders of the Company held on 21 April 2005, the shareholderspassed a resolution to approve issuance of no more than ten-year unsubordinated debentures with guaranteeand/or no long-term guarantee (depending on the market at the issue date) of an amount not exceeding Baht5,000 million, to be used for the refinance of the existing loans and working capital. As at 31 December 2005,these debentures have not yet been offered.

The Board of Directors of a subsidiary has approved the issuance of additional six-year unconvertible debentureswithout warrants, not exceeding Baht 2,000 million. However, as at 31 December 2005 these debentures have notyet been offered.

The carrying amounts of long-term debentures for consolidated and Company financial statement as of31 December 2005 approximate to their fair values.

2211. Share capital and share premium

Consolidated

Number of Number of Ordinary Preference Shareordinary preference shares shares premium Total

shares shares Baht Baht Baht Baht

31 December 2003 2,251,070,800 42,895,000 2,251,070,800 42,895,000 387,909,302 2,681,875,102

Issue of shares 162,186,841 20,625,000 162,186,841 20,625,000 99,302,850 282,114,691

31 December 2004 2,413,257,641 63,520,000 2,413,257,641 63,520,000 487,212,152 2,963,989,793

Transfer expired warrants

to share premium - - - - 19,711,121 19,711,121

Share dividends (Note 27) 242,488,278 - 242,488,278 - - 242,488,278

Issue of shares 14,390,350 - 14,390,350 - 8,987,238 23,377,588

31 December 2005 2,670,136,269 63,520,000 2,670,136,269 63,520,000 515,910,511 3,249,566,780

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

2211. Share capital and share premium (Cont’d)Company

Number of Number of Ordinary Preference Shareordinary preference shares shares premium Total

shares shares Baht Baht Baht Baht

31 December 2003 2,251,070,800 42,895,000 2,251,070,800 42,895,000 381,968,047 2,675,933,847

Issue of shares 162,186,841 20,625,000 162,186,841 20,625,000 99,302,851 282,114,692

31 December 2004 2,413,257,641 63,520,000 2,413,257,641 63,520,000 481,270,898 2,958,048,539

Transfer expired warrants

to share premium - - - - 19,711,121 19,711,121

Share dividends (Note 27) 242,488,278 - 242,488,278 - - 242,488,278

Issue of shares 14,390,350 - 14,390,350 - 8,987,238 23,377,588

31 December 2005 2,670,136,269 63,520,000 2,670,136,269 63,520,000 509,969,257 3,243,625,526

As at 31 December 2005, the registered shares comprise 3,097,854,371 ordinary shares and 200,000,000preference shares with par value of Baht 1 per share (2004 : 2,443,144,835 ordinary shares and 200,000,000preference shares). The issued and fully paid up shares comprise 2,670,136,269 ordinary shares and 63,520,000preference shares (2004 : 2,413,257,641 ordinary shares and 63,520,000 preference shares).

At the annual general meeting of the shareholders of the Company held on 21 April 2005, the shareholderspassed a resolution to approve the following matters:

2211..11 Decrease in the registered share capital of the Company from Baht 2,765.4 million to Baht 2,628.9 millionby cancelling the 136,480,000 registered preference shares, which are not issued, at the par value ofBaht 1 per share.

2211..22 Increase in the registered share capital of the Company from Baht 2,628.9 million to 3,297.9 million,which comprises 3,097.9 million ordinary shares at the par value of Baht 1 per share and 200 millionpreference shares, and considering to allot the additional shares as follows:

- 136,480,000 class B convertible preference shares will be offered for sales to specific person and/orinstitutional investors or investors having the specific characters under the notification of the Office ofthe Securities and Exchange Commission at the offering price higher than the market price of ordinaryshares of third working days preceeding the offering date.

- 242,969,098 ordinary shares will be allotted as share dividend.

- 287,695,792 ordinary shares will be reserved for warrants as mentioned in Note 22.1.

- 1,785,320 ordinary shares will be reserved for the right adjustment of warrants issued to the directorsand employees of the Company and its subsidiaries as mentioned in Note 22.2

The decrease and increase in the registered share capital of the Company were registered with the Ministryof Commerce on 2 May 2005.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

2211. Share capital and share premium (Cont’d)

The preference shares are convertible and cumulative preference shares with a par value of Baht 1 per share.The dividend is set at 3.75% of the offer price and can accumulate if the Company does not declare to paythe dividend. The convertible preference shares have a life of 5 years commencing on issuance date andare convertible to ordinary shares in the fourth year after issue. During 2004, the Company issued 20,625,000preference shares amounting to Baht 82.5 million. As at 31 December 2005 the Company has not recordeddividends for cumulative preference shares amounting to Baht 9,206,288 as liabilities in the financial statements.

2222. Warrants

2222..11 Warrants issued to the existing shareholdersIn 1999, the Company issued 13,563,600 warrants to the existing shareholders at no cost, at the ratioof 10 existing shares per one warrant. Such warrants expired on 7 December 2004.

At the annual general meeting of the shareholders of the Company held on 21 April 2005, theshareholders passed resolutions to issue and offer warrants not exceeding 287,695,792 units to theexisting shareholders at no cost, at a ratio of 10 existing shares per 1 warrant. The exercise ratio is1 warrant per 1 ordinary share at an exercise price not over Baht 6. Expiration date is not over 24 monthsfrom the issue date. As at 31 December 2005, the issuance and offering of the above warrants have beenin process of approval from the Office of the Securities and Exchange Commission.

2222..22 Warrants issued to the directors and employees of the Company and its subsidiariesThe Company has issued 5,000,000 warrants to the directors, employees of the Company and itssubsidiaries at no cost. As at 31 December 2005, 3,842,437 warrants have been exercised, of which1,156,291 warrants or accounted for 14,390,350 ordinary shares totalling Baht 23,377,588 were exercisedduring 2005. 1,157,563 warrants remain unexercised. The exercise ratio is 1 warrant to 13.44 ordinaryshares and the exercise price is the market price less 5 percent discount. The expiration date for exerciseis within 2007.

The extraordinary meeting of the shareholders held on 21 February 2005 approved the issuance ofadditional 123,800,000 warrants to the directors, employees of the Company and its subsidiaries at nocost. The exercise ratio is 1 warrant per 1 ordinary share at an exercise price of Baht 2.98. Their term is5 years from the first issue and offering date. As at 31 December 2005, the issuance and offering of theabove warrants have been in process of approval from the Office of the Securities and ExchangeCommission.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

2222. Warrants (Cont’d)

2222..33 Warrants issued by subsidiary

2222..33..11 Warrants issued to the existing shareholdersWarrants to subscribe for ordinary shares issued by MFG to its shareholders expired on 9September 2004. As a result, these warrants have been transferred to “Expired warrants in asubsidiary” in the consolidated financial statement amounting to Baht 104,788,723.

2222..33..22 Warrants issued to the directors and employees of MFG and/or its subsidiariesIn 2002, MFG issued 1.6 million units of warrants at no cost to its directors and employees.One unit of warrants is entitled to be exercised against one ordinary share with the exercise priceat Baht 10 per unit. The warrants can be exercised within the exercise period up to 2007. Thewarrants 420,000 units have been allocated by MFG. The first 126,000 units can be exercisedstarting May 2003 and 126,000 units starting May 2004 and the remaining can be exercisedstarting May 2005. Up to 31 December 2005, the 385,000 units of warrants have been exercisedof which 148,000 units of warrants totalling Baht 1,480,000 were exercised during the year(2004 : 175,000 units of warrants totalling Baht 1,750,000).

2233.. Other non-current liabilities Consolidated Company

2005 2004 2005 2004Baht Baht Baht Baht

Deferred income 10,766,573 25,000,000 - -

Unearned income 154,559,699 159,389,724 3,704,381 4,000,187

Rental deposits and other liabilities 150,130,794 134,544,169 3,010,165 2,874,200

Total other non-current liabilities 315,457,066 318,933,893 6,714,546 6,874,387

2244.. Legal reserve

Under the Public Limited Company Act, the Company is required to set aside as a legal reserve at least 5%of its net profit after accumulated deficit brought forward (if any) until the reserve is not less than 10%of the registered capital of the Company. The reserve is non-distributable.

As at 31 December 2005, legal reserves of subsidiaries amounting to Baht 69,381,914 (2004 : Baht 60,124,022)have been included in the unappropriated retained earnings of the consolidated financial statements.

2255.. Operating profit

The following expenditures, classified by nature, have been charged in arriving at operating profit:

Consolidated Company2005 2004 2005 2004Baht Baht Baht Baht

Net (gain) loss on foreign exchange (2,490,378) 14,082,820 (1,469,087) 11,466,605

Depreciation on property, plant and equipment

and amortisation of intangible assets 1,153,258,734 919,123,706 56,429,452 50,875,412

Staff costs 2,114,367,654 1,659,176,583 208,757,447 157,766,758

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

2266.. Earnings per share

Basic earnings per share is calculated by dividing the net profit attributable to shareholders for the year by theweighted average number of paid-up ordinary shares in issue during the year.

For the purpose of calculating diluted earnings per share, the weighted average number of ordinary sharesin issue is adjusted to assume conversion of all dilutive potential ordinary shares. The Company and itssubsidiaries have convertible preference shares (Note 21) and warrants in issue (Note 22).

A calculation is done to determine the number of shares that could have been acquired at market price(determined as the average annual share price of the Company’s shares) based on the outstanding warrants.The potential shares are added to the ordinary shares outstanding but no adjustment is made to net profit.

For the calculation of the diluted earnings per share, the weighted average number of shares assumingconversion of all dilutive potential ordinary shares as at 31 December 2005 is 67,449,313 shares (2004 :71,652,092 shares).

Earnings per share for the year 2004 are presented after restated to reflect the share dividend paid tothe Company’s shareholders during the second quarter of year 2005.

Consolidated and Company

For the year ended 31 December2005 2004

Shares Shares

(Restated)

Weighted average number of ordinary shares in issue 2,666,227,424 2,569,459,042

Adjusted for own shares held by a subsidiary (166,797,796) (166,797,796)

Weighted average number of ordinary shares in issue, net 2,499,429,628 2,402,661,246

Effect of dilutive potential ordinary shares

Warrants 3,929,313 8,132,092

Convertible preference shares 63,520,000 63,520,000

Dilutive potential ordinary shares 67,449,313 71,652,092

Weighted average number of ordinary shares for diluted earnings 2,566,878,941 2,474,313,338

Consolidated and Company

For the year ended 31 December2005 2004

Shares Shares

(Restated)

Net profit for the year 1,061,110,298 711,901,852

Less : Accumulated dividends for preference shares (9,206,288) (13,306,300)

Net profit attributable to shareholders 1,051,904,010 698,595,552

Basic earnings per share 0.42 0.29

Net profit for the year 1,061,110,298 711,901,852

Less : Accumulated dividends for preference shares - -

Net profits attributable to shareholders 1,061,110,298 711,901,852

Diluted earnings per share 0.41 0.29

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

2277.. Dividends

At the annual general meeting of the shareholders of the Company held on 21 April 2005, it was resolved toset a side of retained earnings of 2004 to be a legal reserve of Baht 35.6 million and to approve dividendpayments as follows:

2277..11 Cash dividend to the holders of common share of Baht 0.12 per share and to the holders of preferenceshares at the fixed rate of 3.75% of the final offering price, totaling Baht 300.2 million.

2277..22 Share dividend to the holders of common share at the ratio of 10 existing shares to 1 new share at theprice of Baht 1 per share, totaling Baht 242.5 million.

Those dividends were paid to the shareholders on 20 May 2005 (2004 : Baht 238.6 million). Dividendsincluded dividend paid to a subsidiary amounted Baht 18.2 million and 15.2 million ordinary shares(2004 : Baht 14.7 million), which is accounted for by adding back to the retained earnings inconsolidated and Company financial statements.

2288.. Financial instruments

Financial risk management and policies

The Group is exposed to normal risks from changes in market interest rates and currency exchange rates andfrom non-performance of contractual obligations by counterparties and the tourism industry turnover. The Groupdoes not have policy to use derivative financial instruments for speculative or trading purposes.

Interest rate risk

Interest rate risk is the risk that future movements in market interest rates will affect the results of the Group’soperations and its cashflows. However, the loan interest rates of the Group are mainly fixed. In order tomanage the risk arising from fluctuation in interest rates, the Group use the derivative financial instrumentswhich mainly are interest rate SWAPs. Interest rate SWAPs are entered into to manage exposure to fluctuationin interest rate on specific borrowing.

As at 31 December 2005, the Company has open interest rate SWAPs, which will be expired on 8 June 2007,with principal amount of Baht 750 million and float interest rate.

Foreign currency risk

The Groups’ exposure to foreign currency risk relates primarily to its accounts receivable and accounts payable,certain of which are denominated in foreign currencies, and investments in foreign subsidiaries and associates,which are not currently hedged by any derivative financial instruments as the management has no intention tosell out those investments in the near future.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

2288.. Financial instruments (Cont’d)

Credit risk

The Group is exposed to normal credit risk primarily with respect to trade accounts receivable. However, dueto the large number of entities comprising the Group’s customer base, the Group does not anticipate materiallosses from its debt collection.

Fair value

The fair value of the open interest rate SWAP as at 31 December 2005 is unfavourable interest rate SWAPamounting to Baht 821,918 (2004 : favourable interest rate SWAP amounting to Baht 255,205).

The majority of financial assets are short-term and long-term loans were carried at interest rates closing tomarket rate. The subsidiaries loan carried an interest closing to market rate. The management therefore believesthat, their net book values do not materially differ from their fair values.

2299.. Commitments

The Company

- The Company has entered into a franchise agreement with an overseas company. The Company is committedto pay a franchise fee and an international marketing fee based on a percentage of gross room revenues, asspecified in the agreement. The agreement will expire in June 2013.

- The Company has entered into an agreement to lease the land on which its hotel building is built for30 years, ending in 2018. The Company is committed to pay rental fees at a certain percentage of grossrevenue (which is to be increased annually until it reaches a specified rate) or at a minimum rentalfees stipulated in the agreement, whichever is higher. As at 31 December 2005, the Company’s futurepayment commitments according to the minimal rental fees stipulated in the agreement is approximatelyBaht 65 million.

- The Company has entered into rental and service agreements with a subsidiary relating to its opening ofrestaurant and fitness centers. The Company is committed to pay rental and service fees under theagreements of approximately Baht 16.6 million. In addition, the Company is committed to pay this subsidiaryfees for the area used in the sale of food and beverages, at a percentage of the Company’s food andbeverage revenues stipulated in the agreements, ending in 2008.

- The Company has entered into an agreement with a related company for management and other supportingactivities provided by the related company. According to the agreements, the Company has commitments topay a certain amount to the related company.

- The Company has issued corporate guarantees amounting to USD 2.4 million (2004 : USD 2.4 million) toguarantee overseas projects of a related company.

- The Company has issued corporate guarantees amounting to Baht 240 million with a bank for creditfacilities of a subsidiary. However, the credit facilities have not yet been drawn down.

- The Company has entered into a trademark agreement with a subsidiary. The Company has obligation to paytrademark fee at certain percentages of revenue generated as indicated in the agreement. The agreementvalids for 10 years and will be terminated in 2011.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

2299.. Commitments (Cont’d)

The subsidiaries and associates

- A subsidiary has entered into a license and royalty agreement with an overseas company. The subsidiaryventure is committed to pay royalty fees and management hotel fees at the rate, terms and basis asspecified in the agreement for 20 years up to 2021 and can be renewed at its expiry date for 10 years.

- Four subsidiaries have entered into separate land lease agreements for periods between 30 to 42 years,effective on 1 August 1982, 8 May 1987, 23 November 1988 and 2 July 1994, respectively. The subsidiariesare committed to pay rental fees at a certain percentage of annual gross revenue (to be increased annuallyuntil it reaches a specified rate) or at a minimum rent stipulated in the agreement, whichever is higher.As at 31 December 2005, the subsidiaries' future payment commitments in accordance with the minimalrental fees stipulated in the agreements are approximately Baht 211 million (2004 : Baht 223.1 million).

- Under an agreement for technical assistance and the use of a trademark and trade name which a subsidiaryhas entered into with an overseas company, a fee is payable calculated at a percentage of gross salesas specified in the agreement. The original agreement was for a year of four years up to 1998, but isautomatically renewed at its expiry date for three times, five years each.

- Under a one year licence agreement ending in 2002 to operate a theatre with an overseas company ona yearly renewal basis, a subsidiary is committed to pay certain fees as specified in the agreement. Theagreement is automatically renewed at its expiry date for one year.

- Two subsidiaries have entered into a hotel management agreement with an overseas company includinginternational management and right of trademark use. The subsidiaries are committed to pay fees at acertain percentage of total room revenue as stipulated in the agreement. The agreement will expire during2004-2013.

- Under advertising, licensing and restaurant management agreements with overseas companies a subsidiaryis committed to pay fees at a percentage of the gross sales of each restaurant in the hotel as stipulated inthe agreements, ending in 2015.

- In December 2000, the Group entered into a shareholders agreement with an overseas partner to establishMaikhao Vacation Villas Limited. Pursuant to the agreement, the Group committed to grant a shareholderloan of Baht 476.9 million to this company, subjected to the terms as specified in the agreement. Theagreement contains certain covenants and restrictions including a call option to acquire shares of thiscompany from the counterparty. The agreement will be terminated upon the dissolution of this company orby mutual agreement by both parties.

From the above commitment, during 2001 to 31 December 2005, the Group has funded a portion of thecapital needs of Maikhao Vacation Villa Limited in the form of loans and equity amounting to Baht 52.5million, and has guaranteed the issuance of a bill of exchange amounting to Baht 232.5 million withcorporate guarantees by the Company.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

2299.. Commitments (Cont’d)

- Under agreements to render services and rental space for operations from other companies, a subsidiaryhas to pay fees based on its gross sales at the rates stipulated in the agreements ending during 2004-2010.

- Four subsidiaries have entered into a number of franchise agreements in order to obtain rights to operatefood restaurants. According to the agreements, those subsidiaries must pay franchise fees based on apercentage of sales and must comply with certain terms and conditions. The payments of franchise feesare included in selling and administrative expenses.

- A subsidiary has entered into an operating agreement with an overseas related company whereby the latteris undertaking to operate the company’s hotel and run the business operations of the subsidiary company.In consideration for such services, subsidiary is committed to pay remunerations at the rates, terms and basisspecified in the agreement. The agreement between subsidiary and related company was effective for theperiod as from 1 December 1985 to 31 December 2012.

- A subsidiary has entered into lease agreements covering the land where the hotel is situated. Under thelease agreement, subsidiary has transferred the ownership of the hotel buildings and improvements to thelandlord. Subsidiary is committed to pay rental at the rates specified in the lease agreements. The leaseagreement are for a period of thirty years up to the year 2013 and are renewable after the expiry date foranother two periods of fifteen years each. As at 31 December 2005, subsidiary has commitment to payminimal rental fees as stipulated in the agreement as follows :

Year Million Baht

2006 5.71

2007 - 2013 53.25

58.96

- A subsidiary has entered into lease agreements covering the land and building for constructing residence.Under the lease agreement, subsidiary is committed to pay the monthly rental at the rate specified in theagreement. The lease agreement is for a period of fifteen months and will be ended on 1 August 2006.As at 31 December 2005, subsidiary has commitment to pay rental fees as stipulated in the agreementapproximately to Baht 7 million.

- As at 31 December 2005 and 2004, there were lease commitments for the lease of restaurant outlets committedby subsidiaries (agreements are for periods of 6-30 years) payable as follows:

2005 2004Baht Million Baht Million

Next year 194 220

Between 2 and 5 years 277 195

After 5 years 218 232

Total 689 647

In addition to these sums, restaurant rental fees are payable based on a percentage of either gross or netsales as specified in the relevant agreements.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

3300.. Guarantees

The Group has given the following guarantees in the normal courses of business

31 December 2005

Baht Million US$ Million Yuan Million

Letters of guarantees issued by bank on behalf of the Group 89.4 - -

Guarantee given by the Group to financial institution

to guarantee for credit facilities 763.3 2.6 20

31 December 2004

Baht Million US$ Million Yuan Million

Letters of guarantees issued by bank on behalf of the Group 69.0 - -

Guarantee given by the Group to financial institution

to guarantee for credit facilities 687.3 2.6 10.0

3311.. Contingencies

In January 2002, MFG received notice from the Revenue Department in relation to the under-payment of 1997withholding taxes and related value added taxes amounting to Baht 23.6 million. MFG has disputed the claimand filed for appeal with the Board of Tax Appeal and the Central Taxation Court. On 15 December 2003,the Central Taxation Court rendered its judgement in favor of MFG and cancelled all tax assessments ofthe Revenue Department and the decisions of the Board of Tax Appeal. Subsequently, the Revenue Departmenthas brought the case to the Supreme Court. At present, the final outcome of such case is not yet knownand cannot be quantified with any certainty at this stage. Therefore, no liability, if any has arisen, has beenrecorded in these financial statements.

MFG pledged a tax refund of Baht 18.3 million included in “Other non-current assets” (Note 15) together witha bank guarantee totalling Baht 5.3 million as a guarantee for the court process.

3322.. Provident fund

The Group and permanent employees have jointly registered a provident fund scheme under the Provident FundAct, B.E. 2530. The fund receives contributions on a monthly basis from both the employees and the Group atthe rate of 5% and 5% - 10% respectively of basic salaries. The fund is managed by Kasikorn Asset ManagementCompany Limited and American International Assurance Company Limited.

3333.. Delisting subsidiary’s shares from the Stock Exchange of Thailand

At the Board of Directors Meeting of MFG No.12/2004, held on 3 August 2004, the Board approved aresolution to delist MFG’s shares from the Stock Exchange of Thailand. The delisting was approved by theshareholders at an Extraordinary Meeting of MFG’s Shareholders No.1/2004, on 7 September 2004. MFGcomplied with the Stock Exchange of Thailand’s rules and regulations re: Delisting of Securities, 1999. The Boardof Governors of the SET has approved the delisting of MFG on 5 January 2005.

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Notes to the consolidated and Company financial statementsFor the years ended 31 December 2005 and 2004

3344.. Subsequent events

At the Extraordinary Meeting of Shareholders held on 6 January 2006, the shareholders passed the resolutionto approve the following matters:

3344..11 Decrease in the registered share capital of the Company from Baht 3,297.9 million to Baht 3,161.4 millionby cancelling the un-issued preference shares in the amount of 136,480,000 shares at the par value ofBaht 1 each.

3344..22 Increase in the registered share capital of the Company from Baht 3,161.4 million to Baht 3,374.9 million,which comprises 3,311.4 million ordinary shares and 63.5 million preference shares at the par value ofBaht 1 per share for offering of newly issued ordinary shares (Note 34.3) and to be reserved for theexercise of warrants to purchase ordinary shares of the Company (Note 34.4).

3344..33 Issue and offer 182,844,550 newly issued ordinary shares to the existing shareholders at the exerciseratio 15 existing ordinary or 15 preference shares : 1 new ordinary share with the offering price of Baht5.85 per unit. The offering period is during 19-27 January 2006.

3344..44 Issue and offer additional 30,664,455 warrants which will be reserved for:

3344..44..11 Exercising of 18,284,455 warrants issued to the existing shareholders to purchase newly issuedordinary shares as mentioned in Note 34.3.

3344..44..22 Exercising of 12,380,000 warrants issued to the directors and employees to purchase newly issuedordinary shares as mentioned in Note 22.2.

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Management Discussion andAnalysisCompany and subsidiaries financial status and performance

11.. Overview

In the year 2005, despite lingering consequence on Thai tourism industry caused by the Tidal wave,Minor International Public Company Limited’s (“MINT”) operations and financials showed the solidperformance - thanks to the geographical diversification of the Company’s hotel properties. That is to say,the spill-over tourists from the Southern provinces caused a significant growth to MINT’s hotels & resortsoccupancy rate of its Bangkok, Pattaya, and Hua Hin properties. Moreover, the Company started consolidatingthe Four Seasons Bangkok and the JW Marriott Phuket and attained operations of the Anantara Resort & Spain Samui for the first full year in 2005.

On MINT’s food business, the operation was marginally hit by the government’s decision in lifting oil pricesubsidy and the bird flu epidemic during the mid 2005. However, the Company’s continued expansion throughboth owned equity and franchising strengthened overall operation and financials compared to the previous year.From its continued expansion, MINT’s food business remained its dominant market share of pizza and ice creamin Thailand under the brands - The Pizza Company and Swensen’s. In 2005, it was also the first year of successin initiating food business in China. In addition, the continued expansion on food franchising outlets in MiddleEast has proved the Company’s capacity in international markets.

Growth of the spa business was also significant after its 100% investment of Mandara Spa in 2004. The Companysuccessfully opened 3 new spas and managed 2 spas in Thailand and Maldives and South Africa in 2005.As end of 2005, MINT has expanded its spa operation in Thailand, China, Maldives, and Tanzania withaltogether 18 spas.

On its 12-month operations, the Company’s 2005 financial results showed a net profit of Baht 1,061 millionincreased from Baht 712 million, or 49% compared to the previous year. Net profit of Baht 322 millioncontributed from food group (MFG) (after adjusting good will, dividend from parent company, and interestexpenses for investment in MFG) and from hotel and other service groups in the amount of Baht 513 million.The property, entertainment, and spa businesses all combined for a net profit contribution of Baht 226 million.

22.. The major changes that shall affect to the Company’s operating results in the future areas follows:

22..11.. MINT initiated its presence in China having The Pizza and Sizzler owned equity outlets opened in 2005.The Company entered into 18% ventured with AIG Investment with an option to increase its stake to100%. In addition to The Pizza and Sizzler, the Company has another 8 outlets of Le Jazz - the Chinesefast food restaurants which were previously run by AIG.

22..22.. Internationally, the Company expanded its franchised outlets of The Pizza and Swensen’s in thePhilippines, Cambodia, UAE and Kuwait.

22..33.. Domestically, the Company added 12 outlets of The Pizza (include 7 franchises), 22 Swensen’s outlets(include 17 franchises), 3 Sizzler outlets, and 7 Dairy Queen outlets.

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Management Discussion and Analysis

22..44.. In January 2005, the Company increased its interest in Rajdamri Hotel Plc. (“RHC”) to 90.8% from 57.7%through the tender offer at Baht 47 per share.

22..55.. In February 2005, the Company started its second phase of the timeshare project or Marriott Vacation Clubwith total 84 units. The investment is a 50% joint venture between MINT and the Time Share Division ofMarriott. The full-phase construction already completed in the first quarter 2006.

22..66.. In March 2005, the Company has changed its corporate name from Royal Garden Resorts Public CompanyLimited to Minor International Public Company Limited and aggressively campaigned the re-brandingstrategy to be a leading international hospitality and leisure operator by delivering branded products andservices. The full consolidation of The Minor Food Group has made the Company becomes one of thelargest hospitality and leisure companies in Asia Pacific region.

22..77.. In December 2005, the Company completed the construction of its 50% joint venture of 3 hotels inthe Maldives with Dr. Ibrahim Umar Maniku. The first hotel named Bodu Huraa is already opened inDecember, and another two hotels under Anantara and Naladhul Hotel expected to be opened by thethird quarter 2006.

22..88.. The Company completed construction of its 15 rooms the Four Seasons Golden Triangle (Tented Camp)in Chaing Rai. The official opening was in mid-January 2006.

22..99.. In 2005, the Company opened five new spas in Thailand, China, and South Africa.

22..1100.. The Company announced the Board of Directors’ resolution in raising Baht 1 billion through the rightsoffering scheme. The proceeds will be used to invest in MINT’s hotel projects in Samui, and Maldives andpartly for its investment in China’s food business. The rights offering and share subscription process wascompleted in February 2006.

22..1111.. The Stock Exchange of Thailand has included MINT in the SET 100 Index which is determined by theenhanced market capitalization, an improvement of free-float and turnover.

22..1122.. New shares issuance in 2005 are- The new shares of 14.39 million with total value of Baht 23 million from 1.16 million warrants exercise.- The new shares of 242.5 million from stock dividends paid for its 2004 performance.

22..1133.. In September 2005, JW Marriott Phuket received total claims of Baht 60 million on business interruptioninsurance caused by the Tsunami. Anantara Coco Palm also received the insurance coverage of Baht 260million on the entirely damage properties.

22..1144.. The Company accomplished in having six hotel management contracts (under its owned brand - Anantara)in Dubai, Maldives, and Bali. The Company will be able to collect the management fees from these hotelsstarting 2006.

22..1155.. MINT’s spa business will also expand globally using its Mandara, and Anatara brands in hotel throughoutAsia including China, Madives, South Africa, and Middle East countries.

22.. The major changes that shall affect to the Company’s operating results in the future areas follows: (Cont’d)

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33.. Company’s Operation Analysis

The Company’s operating results and those of its subsidiaries in the year 2005 showed a total profit ofBaht 1,061 million increasing Baht 349 million or 49% over the previous year, explanation are as follows:

33..11 Revenues

33..11..11 Revenue from Food & Beverage Services up 10%The Company’s revenue from food & beverage in the year 2005 increased to Baht 4,793 millionincreasing Baht 438 million or 10% compared to the previous year. The growth was driven by strongsame-store-sales growth of 6% in 2005. Note that the same-store-sales growth in 2005 is relatively lowerthan 2004 growth when the full-year consolidation of the Minor Food Group initiated.

1. Total sales of The Pizza in 2005 increased 11% compared to 2004. The strong surge in sales during theperiod was driven partly from the same-store-sales growth of 6% and the expansion of 12 new outlets.

2. Swensen’s (Thai) Limited, which sells premium ice cream under the “Swensen’s” brand, saw its salesjumped 27% over the same period last year. This outstanding performance in Swensen’s sales was dueto the opening of 26 new outlets. The new outlets include five owned equity and 21 franchised shopsin Thailand and internationally.

3. SLRT Company Limited, the exclusive operator of the Sizzler western seafood and salad in Thailand andChina, saw its sales increased 12% year-on-year due to the expansion of 7 outlets.

4. Minor DQ Company Limited, the exclusive operator of Dairy Queen soft serve ice cream outlets inThailand, saw its sales increased 19% in 2005 compared to 2004. This increase in sales was drivenmainly by the newly launched products and 7 new outlets opening during the period.

5. Burger Thailand Limited, the operator of Burger King hamburger restaurants in Thailand, saw its salesincreased marginally at 3% over the same period last year due to the closure of one outlet caused bythe renovation of the Emporium department store.

6. Revenue from the Company’s franchised operations in 2005 was Baht 156 million or 26% increasecompared to the same period last year when the international operations received additional incomefrom Saudi Arabia, and Dubai.

33..11..22 Revenues from Hotel Operations increased 5544%%Revenues from hotel operations in year 2005 was Baht 4,298 million compared to Baht 2,784 million in2004. The dramatically increase of Baht 1,515 million or 54% year-on-year was mainly from the Company’ssolid performance in terms of occupancy and average room rates and especially the first full yearconsolidation of JW Mariott Phuket and Four Seasons Hotel Bangkok. Details of the increase are describedas follows:

The excellent performance of hotels under the Marriott group 1. The Bangkok Marriott Resort and Spa Hotel’s revenues in the year 2005 increased to Baht 950 million

from Baht 801 million in the previous year or up 19%. This is due to the occupancy rate increased to86% from 82% and the average room rate increased 17% from Baht 2,951 to Baht 3,444 per night.

2. The Pattaya Marriott Resort and Spa Hotel’s revenues increased to Baht 438 million in the year 2005from Baht 391 million in the previous year or up 12%. This is due to the increased average room rateto Baht 3,101 from Baht 2,799 per night. Occupancy rate in 2005 was also outstanding at 80%compared to 74% in 2004.

3. The Hua Hin Marriott Resort and Spa’s revenues increased to Baht 325 million in the year 2005 fromBaht 278 million in the previous year or up 17%. This is due to the increased occupancy rate to 81%from 72% and the average room rate increased from Baht 3,065 to Baht 3,194 per night.

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Management Discussion and Analysis

4. The JW Phuket Marriot Resorts & Spa Hotel, despite a marginal increase in revenues of 1% year-on-yearto Baht 720 million in 2005, the company has proved its resilience after the Tsunami event bymaintaining occupancy rate of nearly 70% with average room rate increased by 18% from Baht 4,726to Baht 5,561 per night. Note that the full year consolidation of the JW Marriott Phuket was started inthe year 2004.

Hotels in Anantara group also have outstanding performance as follows:1. The Anantara Resort and Spa Hua Hin Hotel’s revenues increased to Baht 311 million in the year 2005

from Baht 244 million in the previous year or up 27%. This is due to the increased occupancy rate to76% from 61% and the increased average room rate to Baht 3,814 from Baht 3,669 per night.

2. The Anantara Golden Triangle Hotel’s revenue increased to Baht 119 million in the year 2005 from Baht105 million in the previous year or up 14% due to the increased average room rate 14% to Baht 4,756from Baht 4,173 per night. The increase was resulted from the hotel renovation in 2004.

Hotels in Four Seasons group have an in-line result as follows:1. The Four Seasons Resort Chiangmai’s revenue in the year 2005 increased to Baht 386 million from Baht

355 million in the previous year or up 9%. This is due to the increased the average room rate fromBaht 11,009 to Baht 12,115 per night.

2. For the Four Seasons Bangkok, 2005 is the first full year consolidation of its revenues of Baht 919million to the Company’s financial statement. The hotel reported revenues increased 1% year-on-year.The hotel’s occupancy rate in year 2005 was 63% reducing from 68% in the previous year whereasthe average room rate increased to Baht 4,380 from Baht 3,984 per night in the previous year.The reduced occupancy rate was mainly from the renovation of 160 rooms (40% of total rooms)during April - September 2005. The room renovation target to complete in 2006 and the Companyexpect to raise the hotel average room rate accordingly.

33..11..33 Revenue from Spa Business also reported a year-on-year growth of 77%The revenues from the spa business in the year 2005 was Baht 316 million increasing Baht 20 millionor 7% from last year due to the opening of 5 new spas and extension of treatment rooms from theprevious year.

33..11..44 Revenue from Shopping Center up 1188%Net revenues from shopping centers in the year 2005 increased to Baht 375 million, or up 18% from theprevious year giving the expansion of the rental space of 3,218 square meters which was partially closedfor renovation last year.

33..11..55 Revenue from Entertainment made a turnaround in this year with 6677% year-on-year growthRevenues from the Company’s entertainment operations in the year 2005 were Baht 88 million postinga strong increase of 67%. The strengthened operations of entertainment revenues were mainly from thecompleted renovation with new plays and attractions adding such as “Haunted Adventure” and “InfinityMaze” - which were launched in October and December 2004 respectively.

33..11..66 Other IncomeThe company recorded Baht 572 million for other income, an increase of Baht 141 million or 32% fromyear 2004. The increase primarily resulting from increasing franchised fee in the amount of Baht 33million, Baht 28 million from sales of raw material to MFG’s international franchisees, and Baht 30 millioncontributions from Four Seasons after entering into the hotel advisory agreement.

33.. Company’s Operation Analysis (Cont’d)

33..11..22 Revenues from Hotel Operations increased 5544%% (Cont’d)

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Management Discussion and Analysis

33..22 Cost of sales and expenses

33..22..11 Total cost of sales increased 2233%The total cost of sales in the year 2005 was Baht 3,342 million compared to Baht 2,725 million in 2004,an increase of Baht 617 million or 23% from the previous year. The increase of MINT’s cost of sales weregenerally in-line and lower than the increase of revenues. Key highlights are as follows:

• Cost of hotel sales increased Baht 466 million or 50% from last year mainly from the full consolidationof Rajdamri Hotel Plc. and JW Marriott Phuket Hotel, however it was in-line with increasing revenues.

• Cost of food and beverage increased Baht 109 million or 7% increase year-on-year. The percentage ofcost of sales to revenue decreased 1.2% compared to the same period last year. This was resulted fromthe efficiency in its cost controlling amidst the oil price hike during the year.

• On entertainment business, the cost of sales to revenues decreased 5% comparing with the sameperiod last year due to the significant expansion of revenues from entertainment business while costof sales increased only Baht 2 million.

• Cost of sales in the retail properties also increased Baht 17 million or 21% year-on-year due to theopening of the renovated areas that can enhance rental spaces.

• Cost of sales in the spa operations substantially increased Baht 22 million or 19% year-on-year. Theincrease was mainly from pre-operating cost of 5 new spas in 2005.

33..22..22 Selling and administrative expenses increased 2244%%MINT and its subsidiaries reported total selling and administrative expenses in the year 2005 of Baht 4,165million, an increase of Baht 809 million compared to the year 2004. Rationales of the increases are:

1) The S&A expenses of MFG in 2005 increased Baht 287 million mainly from i. Increase of staff expense, expenses related to branch expansion; ii. Marketing expenses

2) The S&A expenses of hotel and other business group in 2005 increased Baht 522 million from year2004 with key highlights as follows:i. The consolidated S&A of Four Seasons Hotel Bangkok and 50% of S&A expenses of JW Marriott

Phuket with the total amount of Baht 302 millionii. Management fee and marketing expense increased Baht 157 million including S&A of Samui

Anantara Resort and Spa which opened in 4th quarter 2004iii. Selling and administration expense including opening new spas of Baht 25 million. The increased

expense was important for the aggressive expansion in the future.iv. Land rental increased Baht 22 million which in-line with the increasing revenuev. Pre-opening expenses of Four Seasons Tented Camp of Baht 17 million

33.. Company’s Operation Analysis (Cont’d)

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Management Discussion and Analysis

33..22 Cost of sales and expenses (Cont’d)

33..22..33 Depreciation and amortization increased 2255%The consolidated depreciation charge for the company in the year 2005 was Baht 1,153 million, increasedBaht 234 million from last year. The increase was due to the following:

• The depreciation of the Minor Food Group Plc. increased at the amount of Baht 9 million.• The depreciation of various hotels and shopping center renovation projects increased at the amount

of Baht 33 million.• The depreciation of Anantara Samui which opened in 4th quarter year 2004 at the amount of Baht 21

million.• Consolidation of depreciation of Four Seasons Hotel Bangkok at the amount of Baht 128 million. • The depreciation of JW Marriott Phuket increased Baht 54 million due to full consolidation compared to

50% in the previous year.

33..22..44 Interest expenses increased 2288%In the year 2005, interest expenses of MINT and its subsidiaries were at Baht 280 million, increasedBaht 61 million compared to the previous year. The increase was mainly due to the increase of long termloans using for the Company’s expansion.

Financial Performance in SummaryIn summary, MINT has total revenues of Baht 10,443 million increasing 27% from last year and the cost ofsales and S&A are in-line with the revenues in the year 2005. In term of bottom-line, the Company hasreported a remarkable performance of 49% of its net profit to Baht 1,061 million and EPS is 0.41 Baht pershare or increasing 41% from the previous year.

44.. Balance sheet statements

44..11 AssetsAs of 31 December 2005, MINT had total consolidated assets of Baht 15,445 million, increased Baht 1,365million or 10% from the previous year. The main changes of the Company’s assets derived from the followingreasons:

• The Company’s cash and short term investment decreased by Baht 285 million from dividend payment;• Account receivables increased at the amount of Baht 64 million and inventory at the amount of Baht 83

million due to the increased revenue;• Land, building and equipment increased Baht 95 million resulting from renovation of various hotels and

shopping centers of hotel group at the amount of Baht 476 million, from renovation and expansion ofthe Minor Food Group (MFG) at the amount of Baht 746 million, and reduction from depreciation andamortization in the amount of Baht 1,127 million;

• Net intangible assets increased Baht 139 million resulting from goodwill from investment in RajadamriHotel Plc. (RHC), Minor Food Group Plc.(MFG), and new projects in China.

• Land and project under development increased Baht 688 million resulting from increase of investment inFour Seasons Tented Camp, Four Seasons Samui, MFG, and new hotel projects in Phuket.

33.. Company’s Operation Analysis (Cont’d)

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Management Discussion and Analysis

44..22 LiabilitiesAs of 31 December 2005, the Company had total consolidated liabilities of Baht 9,507 million, an increase ofBaht 1,082 million or increased 13% from December 31, 2004. These higher liabilities came from:

• The net increase of Baht 813 million from issuing debenture of Baht 1,100 million and net repayment ofshort-term and long-term loan of Baht 287 million

• The increase in account payables trade of Baht 117 million

44..33 Shareholders’ equityTotal shareholders’ equity as of 31 December 2005 increased Baht 283 million or up 5% from 31 December 2004due to:

• Net profits before minority interest of Baht 1,123 million; • Increased share capital at the amount of Baht 286 million from the issuance of 242.5 million common shares

(amount Baht 243 million) for stock dividend paid to shareholders, and 14.4 million shares issuing for thewarrant exercise (amount Baht 23 million).

• Decreased minority interest of Baht 678 million from increased investment in Rajadamri Hotel Plc. • Minority interest increased Baht 8 million from issuing common shares of MFG.• Retained earnings increased Baht 450 million resulted from cash and stock dividends paid to shareholders of

Baht 509 million, legal reserve of Baht 89 million, and adjustment due to change in investment status of Baht13 million while net profit for the year 2005 increased Baht 1,061 million

55.. Cash flow statements

In the year 2005, the company generated and committed cash as follows:

55..11 The Company generated cash from operating activities totaling Baht 2,290 million which was substantiallyincreased compared to Baht 1,797 million in 2004. The increases were mainly from:

• Net profits of Baht 1,061 million• Depreciation and amortization of Baht 1,153 million and adjustment of other non-cash items of Baht 37

million• Increased account receivables of Baht 61 million• Increased inventory of Baht 61 million• Increased accrued expenses of Baht 116 million • Increase in other current assets of Baht 54 million including prepayment, withholding tax, value added

tax, and other receivables• Increased account payables of Baht 101 million due to the increase in sales

44.. Balance Sheet Statements (Cont’d)

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Management Discussion and Analysis

55.. Cash flow statements (Cont’d)

55..22 Cash payments for investing activities of Baht 2,967 million including followings:

• The acquisition of property, plant and equipment for expansion at the amount of Baht 688.4 million(Four Seasons Samui, Four Seasons Tented Camp Chaing Rai, and new projects in Phuket); the normalrepair and maintenance for various hotels of Baht 534 million and the extension and renovation of foodbusiness of Baht 551 million

• Payment for investing activities of RHC, MFG, and Eutopia Private Holding (The hotel operator in Maldives)of Baht 804 million

• Loan for second phase Timeshare project and hotels in Maldives at the amount of Baht 175 million • Payment for acquisition of China food business of Baht 103 million• Payment for other non-current asset (mainly facility service for Marriott Vacation Club) by Baht 110 million

55..33 Cash received / repayment from financing activities during the year in total of Baht 385 million reduced fromBaht 497 million in the year 2004:

• The cash received from issuing common shares of the Company and its subsidiaries of Baht 25 million

The net cash received from short-term loan, long-term loan, and debenture of Baht 695 million, dividendpayment of Baht 307 million

55..44 For the year 2005, the net cash flow of MINT decreased Baht 293 million whereas net cash flow at the year-end reported at Baht 314 million.

RATIO ANALYSIS

Key Ratios

December 31, 2005 December 31, 2004

Profitability Ratios

Gross profit margin (%) 66.1 65.1

Net profit margin (% 10.2 8.6

Return on Equity (%) 18.3 14.4

Liquidity Ratios

Current assets/Current liabilities (times) 0.51 0.70

Collection Period (days) 17 16

Efficiency Ratios

Return on Assets (%) 7.19 5.69

Financial Policy

Interest coverage (times) 9.87 9.91

Financial Leverage

Total liabilities to Equity (times) 1.60 1.49

Net interest bearing debt to equity (times) 1.21 1.13

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Management Discussion and Analysis

ANALYSIS OF FINANCIAL RATIOS

MINT’s 2005 financial performance continued its strengths despite the downward pressure on tourismsentiments after the Tsunami event and the dampened consumers’ confidence as the government liftedthe domestic retail oil price subsidy. Thanks to the Company’s diversified sources of revenues and strategiclocation of hotel business and strong cash generative from food business, MINT has reported a significantincrease on its 2005 net profit of Baht 1,061 million compared to the previous year of Baht 712 million. Majordevelopment in 2005 including the first full year operation of Anantara Resort & Spa in Samui, and the firstfull-year consolidation of Rajdamri Hotel Plc., the new food outlets expansion in China under brands The Pizzaand Sizzler. These strategic moves explained the Company’s resilience amidst various hindrances in 2005.

Operation-wise, MINT’s 2005 profitability has shown an improvement year-on-year giving its gross profit marginof 66% compared to 65% in the previous year. The Company’s net profit margin, likewise, grew from 8.6% to10.1% and return on equity strongly improved to 18.3% from 14.3% in the previous year. Its return on assetsshowed an improvement of 7.2% compared to 5.7% in 2004 as the Company started to fully utilize its assetsof the new opening hotels.

However, the Company’s liquidity ratio reduced to 0.51 times and collection period extended slightly to 17 dayscompared to the previous year of 0.70 times and 16 days, respectively. This was mainly due to the increaseof short and long-term loans financing for the Company’s hotel and food expansion. Despite the weakenedliquidity ratio, MINT was able to maintain its DSCR of nearly 10 times.

Its net interest bearing debt to equity increased to 1.21 times from 1.14 times in the previous year. The higherleverage was mainly due to the investment of new hotels, food, and spa expansions. The net interest bearingdebt to equity is targeted to be reduced to 1.10 times giving the strong financial performance and thesuccessful rights offering in first quarter 2006.

According to the Tourism Authority of Thailand, number of international tourists arrival target to increase to13-14 million in 2006 partly to be catalyst by the opening of new airport and the increasing popularity ofThailand’s tourism destinations. On domestic consumption, oil price expects to be less volatile and we expecta better economic environment compared to the year 2005. The Company’s newly opened hotels and foodoutlets with the strategy to be more asset lights in both local and international will present the next successstory of MINT with more hotel contract management and franchised outlets on hotel and food businesses,respectively.

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Connected Transactions

CONNECTED PERSONS/TYPE OF BUSINESS: Minor Holdings (Thai) Ltd. (MHT)/Investment business

Type of Relationship: 1. Mr. William E. Heinecke is a director of MINT, MFG and MHT.2. MHT is a major shareholder of MINT.

Type and Size of Transaction 1. MINT and MFG (subsidiary of MINT) paid to MHT a managementfee of Baht 11.4 million (for consultancy on businessdevelopment, finance, investment and capital market).

2. MINT and its subsidiary paid an internal audit fee of Baht 1.9million to MHT.

Reference Rate: Management fee is Baht 950,000 per month.

Necessity and Rationale: Audit committee has an opinion that this transaction isreasonable as stated in the agreement, does not cause anydamage and will provide the optimum benefit to the Company.MINT has already evaluated that such transaction will generateworthwhile return as MHT has expertise in investment whichis a core business. It will give advice on efficient businessdevelopment, finance, investment and capital market. The servicefee rate is close to that chargeable by independent advisors.

CONNECTED PERSONS/TYPE OF BUSINESS: Minor Corporation Plc. (MINOR)/Trading business

Type of Relationship: 1. Mr. William E. Heinecke, Mr. Paul C. Kenny, Mr. Anil Thadani,Mr. Kenneth L. White and Mrs. Pratana Manomaiphiboon aredirectors of MINT, MINT's subsidiary and associated companiesand MINOR.

2. MINOR is a major shareholder of MINT.

Type and Size of Transaction: 1. RGHM, BBR, SRS, SMV and MFG which are subsidiaries ofMINT paid a computer management fee of Baht 17.5 millionto MINOR.

2. MINT and its subsidiaries paid a management fee of Baht 9.3million to MINOR.

3. MINT and its subsidiaries paid a charter flight fee of Baht 2.9million to a subsidiary of MINOR.

4. MINT and its subsidiaries paid Baht 1.8 million to MINOR forthe rent of office space and space for storage of restaurantutensils.

5. MSpa, a subsidiary of MINT, purchased Elemis products fromMINOR, totaling Baht 9.9 million.

6. MINT and MFG, a subsidiary of MINT, received a managementfee of Baht 9.1 million from MINOR.

7. MFG, a subsidiary of MINT, received payment of Baht 7.6million from MINOR for the rent of office space.

8. RGP, a subsidiary of MINT, received payment of Baht 13.7million from MINOR and its subsidiaries for the rent of spaceat Royal Garden Pattaya Plaza.

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Connected Transactions (Cont’d)

Necessity and Rationale: Audit committee has an opinion that this transaction isreasonable as stated in the agreement. The service fee rate isthe same rate that MINOR charges other customers based onactual cost and cost sharing in proportion to the service usage.The rate is lower and more efficient than the costs to be borneif MINT would handle the computer system by itself. Therefore,this transaction does not cause any damage and will insteadprovide the highest benefit to the Company.

CONNECTED PERSONS/TYPE OF BUSINESS: Eutopia Private Holdings Ltd./Hotel business

Type of Relationship: 1. Mr. William E. Heinecke and Mrs. Pratana Manomaiphiboon aredirectors of both MINT and Eutopia.

2. MINT holds 100 % stake in RGI which owns 50% in Eutopia.

Type and Size of Transaction: 1. RGI provided Baht 205.4 million loan to Eutopia.2. RGI received interest income of Baht 2.8 million from Eutopia.

Reference Rate: Interest rate of 4%

Necessity and Rationale: Audit committee has an opinion that this transaction is reason-able because the loan is proportionate to the shareholding andthe interest rate is mutually agreed upon by the shareholders.Therefore, this transaction does not cause any damage and willinstead provide the highest benefit to the Company.

CONNECTED PERSONS/TYPE OF BUSINESS: Mai kao Vacation Villa Ltd. (MVVL)/Time sharing business-Phuket

Type of Relationship: 1. Mr. William E. Heinecke is a director of both MINT and MVVL.2. MINT holds 50% stake in MVVL.

Type and Size of Transaction: 1. MVVL paid to RGHM a management fee of Baht 0.6 million.2. MINT provided a long-term loan of Baht 159.5 million to MVVL.3. MINT received interest income of Baht 7.5 million from MVVL.4. MINT received a loan arranger fee of Baht 1.9 million

from MVVL.

Reference Rate: 1. Management fee of Baht 0.05 million per month.2. Interest rate jointly determined by the shareholders.

Necessity and Rationale: Audit committee has an opinion that the first transaction isreasonable and fair, and generates the highest benefit to theCompany as RGHM has expertise in hotel business. The secondto fourth transactions are also reasonable and accord with theagreement.

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Connected Transactions (Cont’d)

CONNECTED PERSONS/TYPE OF BUSINESS: Coco Palm Hotel and Resort Co., Ltd. (COCO)/Hotel business

Type of Relationship: 1. Mr. William E. Heinecke and Mrs. Pratana Manomaiphiboonare directors of both MINT and COCO.

2. COCO is an associated company, where MINT has 40% votingright.

Type and Size of Transaction: 1. MINT provided a loan of Baht 8 million to COCO.2. MINT received interest income of Baht 1.1 million from COCO.

Reference Rate: Interest rate jointly determined by the shareholders.

Necessity and Rationale: Audit committee has an opinion that this transaction is reasonablebecause the loan is proportionate to the shareholding and theinterest rate is mutually agreed upon by the shareholders.Therefore, this transaction does not cause any damage to theCompany.

CONNECTED TRANSACTION APPROVAL PROCEDURE

All connected transactions are evaluated by the relevant work units in two respects; firstly, their benefitcontribution to the Company, and secondly, they being done on a fair price basis. The Company has compliedwith the requirement for disclosure of information on the type and value of the connected transactions ofthe companies related to the parties that may have conflict of interest under the rules, regulations andnotifications of the SET. It also has its Audit Committee certify the fair value of the connected transactions.

FUTURE POLICY ON CONNECTED TRANSACTIONS

The Audit Committee and the Company will jointly consider and review any connected transactions thatmay arise in the future to ensure their necessity and fair price basis.

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Nature of Business

Minor International (MINT) is Thailand’s largest food service operator with 558 outlets system wide under ThePizza Company, Swensen’s, Sizzler, Dairy Queen and Burger King brands. It is one of Thailand’s leading hoteloperators with a portfolio of 12 hotels and over 2,352 rooms under the Marriott, Four Seasons, Anantara, andMinor International brands in Thailand and Vietnam. Through a joint venture with Marriott International,it has developed the 144 room Marriott Vacation Club Time Share in Phuket. It is also one of the largest spaoperators in the Asia Pacific region with 16 spas in Thailand and China under the Mandara, the Spa and Anantarabrands. (Details are set out in Subsidiaries and Affiliated Company)

Revenue StructureIn the year 2005, the Company and its subsidiaries operated in four main business segments: (1) Food andBeverage 46% (2) Hotel operation 41% (3) Property and Entertainment 4% and (4) Spa 3% (5) Other 6%

Major Events in Year 2005

January Tender offer Rajadamri Hotel Public Company Limited (RHC), MINT has increased its equityinterest in RHC from 57.7% to 90.8%

March Changed name of Royal Garden Resort Plc. (RGR) to Minor International Plc. (MINT)

July Stock Exchange of Thailand re-categorized MINT from Tourism and Leisure business to Foodand Beverage business

November Board of Directors resolved to raise 187 million shares through a 15 existing shares for 1new share right offering. The proceeds will be used to invest in MINT’s hotel projects inSamui, and Maldives and partly for its investment in China’s food business.

December - Opend Boduhuraa Hotel Maldives - Completed the construction of Four Seasons Tented Camp Golden Triangle- Completed the construction of Marriott Vacation Club (Timeshare) Phase II- Joined the SET - 100 Index Starting Jan 2006

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Risk Factors

RISK FROM THE SEASONALITY OF THE TOURISM INDUSTRY

As hotel business is the Company’s core business, the related risk on this front is the seasonality of tourismindustry such as the number of tourists both international and domestic. The unpredictable and uncontrollablerisks on tourism industry such as terrorism, epidemic concern, and natural disaster may directly affect to anumber of tourists and overall industry sentiments. The stated risk may also impact the tourism industry in othercountries of Southeast Asia.

The Company’s strategy in coping with seasonality of tourism industry is the geographical diversification of itshotels throughout the country, the policy in optimizing revenues from hotel room and hotel food and beverages,the policy to increase numbers of target customers and tourist nationalities.

The Company has also diversified its investment into food business as another strategy to mitigate seasonalityrisk of hotel business. By nature, operation of food business is more stable and less sensitive to the stateduncontrollable risks. This has made the Company’s revenues more resilient than other hotel operators.

Currently, revenues from food business accounted around 50% compared to the revenues from hotel businessof 40%.

RISK FROM THE COMPETITION IN HOTEL BUSINESS

The hotel business is a highly competitive industry that the Company considers this another risk factor.

The Company together with its long experience managements is however confident in its well-establishedhotel brand under “Anantara”, “Marriott”, “Four Seasons”, and “JW Marriott”. While “Anantara” is the Company’sown established brand, “Marriott” is the international franchised brand that managed by the Company. “FourSeasons” is the world class hotel brand which managed by Four Seasons Hotels & Resorts Asia Pacific Pte Ltdand another world class brand “JW Marriott” is managed under the Hotel Licensing Corporation under theMarriott Hotel.

Besides the Company’s confidence in a highly competitive industry giving its world class reputation in hotelmanagement, the Company has also invested in other hospitality business such as food and beverage, spa,retail properties and entertainment in or close to the hotel properties in order to provide the full functionalservices to customers.

As a result, the company can fulfill the consumer needs and continue its superlative performance comparedto its competitors.

RISK FROM THE COMPETITION IN FOOD AND BEVERAGE BUSINESS

The food and beverage is also a highly competitive market with less barrier of entry compared to hotelbusiness. However, in order to be in the market, the operator is required to have a strong and well-establishedbrand, the high capability and well-known management, together with the extensive coverage throughout thecountry.

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Risk Factors (Cont’d)

RISK FROM NEW PROJECT INITIATION

According to the Company's Vision in contining expansion in the high potential projects, the investment ofnew project may subject to the risks of investment costs such as construction materials or other factorsincluding regulations on environments and other infrastructure. Therefore, it is important for the Companyto mitigate the stated risks by entering into the contract agreement with the contractors and concretelyinvestigated all relevant issues regarding environment and infrastructure.

RISK FROM NOT OWNING LAND

The Company has operated hotels on lands that some are not belonged to the Company. It therefore can be arisk that the company cannot extend the land leasing from the owners. Currently, the Company has the landleasing agreement of 15 years in average; the Company has a rights to renewal the contract with the owner’sconsent. Giving the Company’s good long term relationship with the land owners and the promising rental feesprovided by the strong hotel operations, the Company is confident that the land leasing contract renewal shallbe proceeded accordingly.

RISK FROM THE FRANCHISE RENEWAL

Renewal of brands franchising which mostly are international brands can be a risk to the Company. The statedrisk can also be in the amendment of the franchising contract. The Company foresee the possible risk and hasmitigated by extended the contract prior the expiration in order to ensure the long term operation and tostrengthen confidence to shareholders.

RISK FROM THE RENEWAL CONTRACT WITH RESTAURANT LANDLORDS

A location of restaurant can be a risk factor if the company cannot renew the contract or there is any changesin detail of new contracts. However, the well-recognized brands owning by the Company together with the strongoperations can assure the landlord the stable rental fees. The Company’s long-term rental policy in the primerestaurants location has also mitigated the risk from this front.

RISK FROM THE TECHNOLOGYBesides people, the information technology and its platforms become a significant part of the Company’soperations. It is therefore important that the risks from this front shall not occur at any time. Having thebusiness highly relies on the technology, the Company has to be aware of the changes and implementthem functionally and appropriately. The contingency plan is also important to eliminate the risk from thetechnology.

FINANCIAL RISK

(Detial are set out in note 28 of the Financial Statements)

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The 15 Principles of GoodCorporate Governance11.. POLICY ON CORPORATE GOVERNANCEMinor International Public Company Limited (MINT) takes a serious interest and fully support the corporategovernance principles and practices through a written guidelines in all operations within MINT and its affiliatedcompanies

22.. SHAREHOLDERS : RIGHT AND EQUITABLE TREATMENTThe Company values the rights of the shareholders and treats all shareholders equitably in their basic rightswhich are the right to attend shareholders meetings and to vote at these meetings, to share in profits of theCompany, to transfer shares, to receive adequate information in a timely fashion and in a form appropriate formaking decisions.

The Shareholders’ Meeting is held at least once a year. To focus on fairness practice to all shareholders,the Chairman provides the attendees with all agenda details of the agenda to be considered and also providesan opportunity for shareholders to review the Company’s performance, ask questions, gives opinions andcomments which are all included in the minutes of the meeting.

33.. VARIOUS GROUPS OF STAKEHOLDERSThe Company operates business with the emphasis on the responsibilities that would most benefit the Companyand various stakeholders. These responsibilities are carried out in line of the rule and regulations of the StockExchange of Thailand, the Securities and Exchange Commission as well as the law of the land.

Shareholders: The Company is committed to create long-term growth and return to theshareholders with transparency in conducting the business.

Customers: The Company is committed to continuously develop better quality of goodsand services to the satisfaction of the customers.

Partners: The Company treats all partners fairly for mutual benefits.Competitors: The Company abides by the framework of fair competition and will not destroy

the reputation of competitors through false accusations.Employees: The Company considers its employees a valuable assets and treats them

fairly on work opportunity, remuneration, professional development, andquality of working environment.

Society and environment: The Company is committed to conduct business that benefits the economyand society and is responsible for the quality of environment.

44.. SHAREHOLDERS’ MEETINGIn 2005, the Company held 2 shareholder meetings. The Extra General Meeting of the Shareholders was heldon 21 February 2005 and the Annual General Meeting of Shareholders for the year 2005 was held on 21 April2005 respectively. The Company had sent the invitation letter together with the agenda, including the director’srecommendation and all needed information to the Shareholders more than 14 days in advance, more than therequirement by regulations set forth. Chairman and Audit Committee Chairman attended all the meetings.

55.. LEADERSHIP AND VISIONDirectors that made up the Company Board of Directors possessed leadership skills. They participate indeveloping goal, vision, strategies, and business targets. With the Board of Director’s skills and precision,the shareholders are assured that the Company objectives could be reached and maintained effectively.

In 2005, the Board of Directors conducted Board of Directors’ self evaluation to explore how well the boardperformed its duties and looked for areas of improvement.

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The 1155 principle of good corporate governance (Cont’d)

66.. CONFLICT OF INTERESTIn order to avoid any conflict of interest, the management and the Board of Directors has to carefully considerany and all transactions that may cause a potential conflict by setting up a written policy and approval processfor any connected transactions.

Upon any and all transactions that are related to any director of the Company, that particular director does nothave the right to vote on such transactions. The Board of Directors also has set up a policy which would enableto avoid management and staff from utilizing the Company’s information for personal use.

77.. BUSINESS ETHICSThe Company issued the policy on business ethics for the Board of Directors, management and employees tobe a guideline to adhere to on operating routine tasks. The Company considers the importance of businessethics as one of priority principle which mainly focused on responsibilities and transparency.

88.. BALANCE OF POWER FOR NON-EXECUTIVE DIRECTORSThe Company Board of Directors comprise of 9 persons includingBoard of directors that are also executive 3 personsBoard of directors that are non-executive 3 personsIndependent directors 3 persons or 1/3 of total Directors

99.. AGGREGATION OR SEGREGATION OF POSITIONSThe Chairman of the Board of Directors and the Chief Executive Officer is the same person. In order to create acheck and balance system, the composition of the Board of Directors composed of non-executive directors andindependent directors which totaling more than half of the total directors.

1100..REMUNERATION OF DIRECTORS AND THE MANAGEMENTThe year 2005 remuneration that the company has paid to the directors and management is as follows:

Attendance/ Board of Audit Compensation Nomination Total/Meetings Directors Committee Committee Committee Baht

1. Mr. William E. Heinecke 11/11 200,000 - 25,000 25,000 250,000

2. Mr. Paul C. Kenny 10/11 200,000 - - - 200,000

3. Mrs.Pratana Manomaiphiboon 11/11 200,000 - - - 200,000

4. Mr. Kevin James Beauvais * 6/10 200,000 - - - 200,000

5. Mr. Kittipol Pramoj Na Ayudhya 11/11 200,000 40,000 - - 240,000

6. Mr. Michael David Selby 10/11 200,000 - - - 200,000

7. Mr. Anil Thadani 4/11 200,000 - 25,000 25,000 250,000

8. Mr. Jayavadh Bunnag 8/11 200,000 40,000 240,000

9. Mr. Kenneth L. White 11/11 200,000 100,000 25,000 25,000 350,000

Note : * Mr.Kevin James Beauvais has resigned on 30 November 2005.

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The 1155 principle of good corporate governance (Cont’d)

Persons Remuneration/Bonus TotalBaht Baht

1. Management of the Company 5 94.20 94.20

Other Remuneration - None

1111..BOARD OF DIRECTORS’ MEETINGThe Company’s secretary issues the invitation letter with the agenda at least 7 days in advance for the Boardof Directors to have sufficient time to review information before the meeting. For the year 2005, there were atotal of 11 Board of Director meetings. There were also written minutes all of which has been ratified by theBoard of Directors, all of which is kept and made available for verification.

1122..COMMITTEESThe Board of Directors has set and appointed members of the Audit Committee, the Compensation Committeeand the Nomination Committee, to review the corporate governance matters. Composition of each committeeare laid out in the shareholders’ structure and management section of this annual report.

1133..CONTROLLING SYSTEM AND INTERNAL AUDITThe Company stresses the importance of strong internal control at both management and staff level in order tobe immune from any major impact. A written responsibility, authority and management controls were adoptedto create transparency on using the Company’s resources and to distinguish the duties of staff and controllersas well as to balance and verify each other when necessary.

The Company has an Internal Audit Department to fully verify and balance the management control process.Internal Audit Department reports directly to the Audit Committee in order to ensure tasks and financialactivities are performed according to the guidelines and that they efficiently follow all regulations.

1144..DIRECTORS’ REPORTINGThe Board of Directors is responsible for the consolidated financial statements of the Company and itsSubsidiaries, and the financial information shown in the annual report. The financial statement is prepared underthe accounting standards in Thailand by selecting the appropriate accounting policy and using the carefuljudgment including disclosing sufficient information to the public. The Board of Directors maintains an efficientinternal control system in order to ensure the accounting records are correct and sufficient.

The Board of Directors has appointed members the Audit Committee comprising of Directors whom of which areindependent to be responsible for financial reports and internal control system. The report on the opinion ofthe Audit Committee is shown in the annual report.

1155.. RELATIONS WITH INVESTORSThe Board of Directors stressed for an importance to disclose sufficient relevant and accurate information withfinancial and other reports, including important information effecting to the Company’s share price by disclosethat information to investors and other related persons through the SET or the Company’s over web-site(www.minornet.com).

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The 1155 principle of good corporate governance (Cont’d)

Definition of Independent DirectorsThe Board of Directors has determined the definition of “Independent Director” as follows:

1. Holding shares not more than 5 percent of paid-up capital of the company, affiliated company, associatedcompany or related company, which shall be inclusive of the shares held by related persons.

2. Being a director who does not take part in the management of the company, affiliated company, associatedcompany, related company or majority shareholder of the company.

3. • Not being an employee, staff member or advisor who receives a regular salary from the company, affiliatedcompany, associated company, related company or majority shareholder of the company;

• Being a director who has no direct or indirect benefit or interest in finance and management of thecompany, affiliated company, associated company or majority shareholder of the company.

4. • Being a director who has no benefit or interest of the same nature during the period of 1 year beforehis appointment as a member of the Board of Directors except where the Board of Directors has carefullyconsidered that such previous benefit or interest does not affect the performance of duties and the givingof independent opinions.

• Being a director who is not a related person or close relative of any management member or majorityshareholder of the company.

5. Being a director whom is not appointed as a representative to safeguard interests of the company’sdirectors, majority shareholders or shareholders who are related to the company’s majority shareholders.

6. Being capable of performing duties, giving opinions or reporting the results of performance of workaccording to the duties delegated by the Board of Directors free and clear of the control of the managementor the majority shareholders of the company including related persons or close relatives of the said persons.

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Shareholders’ Structure andManagementThe Board consists of the Board of Directors, the Audit Committee, and the Compensation Committee.

BOARD OF DIRECTORS

Mr. William E. Heinecke Founder, Chairman and Chief Executive Officer (Elected 1979, Born 1949)Educational Credential• Honorable Doctoral Degree of Business Administration in Management,

Yonok Collage, Lampang• International School of Bangkok• Director Certificate Program, Thai Institute of Directors AssociationExperiences1973 - 1980 MD/Chairman, Ogilvy & Mather (Thailand) Limited 1988 - 2001 Director of Saatchi & Saatchi (Thailand) LimitedPresent CEO and Chairman of THE MINOR Corporate Plc.

CEO and Chairman of Minor International Plc.and Minor Corporation Plc and Director of SubsidiariesChairman of the Minor Food Group Plc.and Director of SubsidiariesDirector of Sermsuk Plc.Director of Everest Worldwide Ltd.Director of Rajadamri Hotel Plc.

Mr. Paul C. Kenny Director (Elected 1997, Born 1949)Educational Credential• General Management Program, Ashridge Management College, England• Director Certificate Program, Thai Institute of Directors AssociationExperiencesPresent CEO and Director of The Minor Food Group Plc.

and Director of SubsidiariesDirector of Minor International Plc. and Minor Corporation Plc. Director of Chao Phaya Resort Ltd.

Mrs. Pratana Manomaiphiboon Director and Chief Financial Officer (Elected 1998, Born 1964)Educational Credential• Master of Business Administration, Thammasart University• Director Certificate Program, Thai Institute of Directors Association• Directors Accreditation Program (DAP), Thai Institute of Directors Association• Chief Financial Officer Certification Program 1

The Institute of Certified Accounting and Auditors of ThailandExperiences1986 - 1988 Chief Finance Section, USAID / THAILAND1990 - 1992 Finance and Accounting Manager,

Thai Airport Ground Service Company Limited1992 - 1996 Vice President, Finance and Accounting, Central Pattana Plc.1996 - 1998 Senior Vice President, Central Pattana Plc.Present CFO and Director of Minor Corporation Plc. and subsidiaries

CFO and Director of Minor International Plc.and Director of Subsidiaries Director of The Minor Food Group Plc.Director of Rajadamri Hotel Plc.

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Shareholders’ Structure and Management (Cont’d)

Mr. Anil Thadani Director (Elected 1998, Born 1946)Educational Credential• Master of Business Administration, University of California, Berkeley, USA.• Master of Science, University of Wisconsin, Madison, USA.ExperiencesPresent Director of Minor International Plc.,

and Minor Corporation Plc.Founder and Chairman of Symphony Capital Partners Ltd.(Formerly Schroder Capital Partners Ltd.)Chairman of Parkway Holding Ltd.(Listed company in Singapore) until 15 July 2005Chairman of Twinwood Engineering Ltd(listed company in Singapore)Director of Rajadamri Hotel Plc.Director of Orchid Pharmaceuticals - IndiaDirector of DSG International Ltd. - BVI(listed company in the USA.)Trustee and Member of Investment CommitteeBoard of Trustees, Singapore Management UniversityMember -International Institute for Strategic Studies

Mr. Kenneth L. White Director and Chairman of Audit Committee (Elected 1998, Born 1946)Educational Credential• Master of Business Administration,

University of Puget Sound Tacoma, WA., USA.• Director Certificate Program & Chairman 2000

Thai Institute of Directors AssociationExperiences1986 - 1992 General Manager, The Chase Manhattan Bank N.A.1992 - 2001 Managing Director, Pacific Siam Strategic Consulting Co., Ltd.Present Director and Chairman of Audit Committee

of Minor Corporation Plc. and Minor International Plc.Executive Director of Finansa Plc.Director of Finansa Life AssuranceDirector of Loxbit Plc.Board of Governors of American Chamberof Chamber of CommerceDirector and Audit Committee member of Goodyear Plc.

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Shareholders’ Structure and Management (Cont’d)

Mr. Kittipol Pramoj Na Ayudhya Director and Audit Committee Member (Elected 2000, Born 1972)Educational Credential• MBA in Finance, Sasin Graduate Institute of Business Administration

of Chulalongkorn University• Director Certificate Program (DCP), Thai Institute of Directors Association• Audit Committees Program(ACP), Thai Institute of Directors AssociationExperiencesPresent Director and Audit Committee Member

of Minor International Plc.Managing Director of Sammakorn Plc.Director of Sribhat Co., Ltd.Director of Sribhat Garden Co., Ltd.Director of Maerim Terrace Resort Ltd.Director of Royal Garden Development Ltd.Director of RNS Holding Ltd.Director of Hua Hin Village Ltd.Director of Hua Hin Resort Ltd.Director of Hua Hin Condominium Ltd.Director of Chao Phaya Resort Ltd.Vice President & Secretaritate of Thai Real Estate Association

Mr. Jayavadh Bunnag Director and Audit Committee Member (Elected 2002, Born 1944)Educational Credential• Master of Laws, Harvard Law School• Fellow of the Chartered Institute of Arbitrators (U.K.)• Directors Accreditation Program (DAP), Thai Institute of Directors AssociationExperiencesPresent Director and Audit Committee Member

of Minor Corporation Plc. and Minor International Plc.Managing Director of International Legal CounselorsThailand Ltd.

Mr. Michael David Selby Director (Elected 2004, Born 1946)Educational Credential• MA. International Law & Finance,

George Washington University & National Law center• BA. George Washington University • Associate Electrical Engineering, Cornell UniversityExperiencesPresent Director of Minor International Plc.

Director of Rajadamri Hotel Plc.Chairman of Ocean Beauty Seafoods Inc., USAExecutive Director of SEA-SOS InternationalHealth Risk Management Company and Medical Services ProviderChairman of Kempinski International Hotels and ResortsManaging Director of CPB Equity Co., Ltd.Managing Director of CPB Property Co., Ltd.Director of PTT Natural Gas Distribution Co., Ltd.Director of MDX Lao Co., Ltd.

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Shareholders’ Structure and Management (Cont’d)

The Board of Directors is responsible for setting policy, planning, controlling, and making decision about theCompany's operation and new business investment except those required by law to pass by resolution from ashareholders meeting.

Audit CommitteeFormed on 23 June 1998 comprising of 3 directors as follows;

Mr. Kenneth Lee White ChairmanMr. Kittipol Pramoj Na Ayudhya DirectorMr. Jayavadh Bunnag DirectorMrs. Pratana Manomaiphiboon Audit Committee’s secretary

Audit Committee Scope of Responsibilities1. Review the Company’s financial statement 2. Review the Company’s internal control to ensure that they are appropriate3. Consider and appoint the Company’s external auditor4. Review for the Company to ensure its compliance with all relevant laws and acts5. Review all potential on conflict of interest6. Prepare report on the Audit Committee’s Good Corporate Governance by disclosing in the annual report7. Follow the assignment from the Company’s Board of Directors

Compensation CommitteeFormed on 22 November 2002 comprising of 3 directors as follows;

Mr. Kenneth L. White ChairmanMr. William E. Heinecke MemberMr. Anil Thadani Member

Compensation Committee Scope of ResponsibilitiesTo consider remuneration of the Chairman and other Executive Directors.

Nomination CommitteeFormed on 22 November 2004 comprising of 3 directors as follows;

Mr. Kenneth L. White ChairmanMr. William E. Heinecke MemberMr. Anil Thadani Member

Nomination Committee Scope of ResponsibilitiesTo consider and select qualified persons to fill the vacant position of Company’s director.

Executive ManagementMr. William E. Heinecke Chairman and Chief Executive OfficerMrs. Pratana Manomaiphiboon Director and Chief Financial OfficerMr. Kevin James Beauvais* Director and Chief Operating OfficerMr. Michel Van der Hoeven Vice President Project Development Mr. John Westoby Group Director of Operation

Corporate Secretary Ms. Duangkamon PhisarnInvestor Relation Ms. Prapharat Tangkawattana

* Note: Mr. Kevin James Beauvais has resigned on 30 November 2005

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Shareholders’ Structure and Management (Cont’d)

Number of Corporate Securities held by Directors and Executive Management

No. of Securities Held No. of Increase(as of 31 December, 2005) (Decrease)

No. Name Title Ordinary ESOP* Ordinary ESOPshare Share

1. Mr. William E. Heinecke Chairman and CEO 194,420,110 - 17,954,555 -

2. Mr. Paul C. Kenny Director 2,870,337 - 2,064,212 (96,000)

3. Mrs. Pratana Manomaiphiboon Director and CFO 8,927,996 10,000 2,509,136 (190,000)

4. Mr. Anil Thadani Director 35,152,134 - 7,483,590 -

5. Mr. Kenneth L. White Director 53,542 - 4,867 -

6. Mr. Kittipol Pramoj Na Ayudhya Director - - - -

7. Mr. Jayavadh Bunnag Director 229,697 - 20,881 -

8. Mr. Michael David Selby Director - - - -

9. Mr. Michel Van der Hoeven Vice President Project Development - - - -

10. Mr. John Westoby Group Director of Operation - - - -

Remark : * ESOP: Warrants allotted to Employees and Directors of the Company and/or its subsidiaries.

Major Shareholders as of 1199 December 22000055

No. of shares %

1. Minor Corporation Plc. 470,214,558 17.20%

2. Minor Holdings (Thai) Ltd. 472,481,166 17.28%

3. Mr. William E. Heinecke 194,420,110 7.11%

4. Somers (U.K.) Limited 180,785,180 6.61%

5. Mr. Nithi Osathanugrah 171,043,247 6.26%

6. The Minor Food Group Plc. 166,797,796 6.10%

7. Mr. John Scott Heinecke 88,268,478 3.23%

8. Thai Trust Fund for RGR 58,454,635 2.14%

9. His Majesty the King Bhumibol Adulyadej 56,141,320 2.05%

10. Thai NVDR 55,514,552 2.03%

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Subsidiaries and Affiliates

Core Number of Ordinary Shares EquityBusiness Outstanding Held Interest

Rajadamri Hotel Plc. Four Seasons Hotel Bangkok 45,000,000 22,185,565 90.8%

155 Rajadamri Road, Bangkok 10330

Tel. 0-2250-0754 Fax. 0-2253-9195 (% included owned by Royal Garden Hotel Management Ltd. 18,687,590 shares)

• Rajadamri Residence Ltd. Project Development 5,000,000 4,999,993 100%

155 Rajadamri Road, Bangkok 10330

Tel. 0-2250-0754 Fax. 0-2253-9195 (100% held by Rajadamri Hotel Plc.)

• Luxury Limousine Ltd. Transportation Business 1,300,000 1,299,993 100%

155 Rajadamri Road, Bangkok 10330

Tel. 0-2250-0754 Fax. 0-2253-9195 (100% held by Rajadamri Hotel Plc.)

Chao Phaya Resort Ltd. Bangkok Marriott 12,000,000 9,748,670 81.2%

99 Berli Jucker House 16th Floor Resort and Spa,

Soi Rubia Sukhumvit 42 A Royal Garden Resort,

Prakanong Klongtoey Bangkok 10110 Hotel Royal Garden

Tel. 0-2381-5151 Fax. 0-2381-5777-8 Plaza - Bangkok

Maerim Terrace Resort Ltd. Four Seasons Resort 3,000,000 1,359,370 71.4%

99 Berli Jucker House 16th Floor Chiang Mai Hotel

Soi Rubia Sukhumvit 42 (% included owned by Rajdamri Hotel Plc. 781,250 shares)

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Baan Boran Chiangrai Ltd. Anantara Resort & Spa 1,650,000 1,649,994 100.0%

99 Berli Jucker House 16th Floor Golden Triangle & Four Season

Soi Rubia Sukhumvit 42 Tented Camp

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Royal Garden Development Ltd. JW Marriott Phuket 7,000,000 6,999,994 100.0%

99 Berli Jucker House 16th Floor Resort and Spa

Soi Rubia Sukhumvit 42

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Royal Garden Plaza Ltd. Shopping Mall - Pattaya 750,000 749,993 100.0%

99 Berli Jucker House 16th Floor

Soi Rubia Sukhumvit 42

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Royal Garden Entertainment Ltd. Motion Master Theater 100,000 99,994 100.0%

99 Berli Jucker House 16th Floor and Ripley’s “Believe it

Soi Rubia Sukhumvit 42 or Not!” Museum

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

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Subsidiaries and Affiliates (Cont’d)

Royal Garden Hotel Hotel Management 170,000 169,993 100.0%

Management Ltd.

99 Berli Jucker House 16th Floor

Soi Rubia Sukhumvit 42

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Hua Hin Resort Ltd. Hua Hin Marriott Resort 2,000,000 1,999,994 100.0%

99 Berli Jucker House 16th Floor and Spa, A Royal Garden

Soi RubiaSukhumvit 42 Resort

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

• Hua Hin Village Ltd. Anantara Resort and Spa 500,000 499,994 100.0%

99 Berli Jucker House 16th Floor Hau Hin

Soi Rubia Sukhumvit 42 (100% Owned by Hua Hin Resort Ltd.)

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Samui Resort and Spa Limited Anantara Resort and Spa 100,000 99,994 100.0%

99 Berli Jucker House 16th Floor Samui

Soi Rubia Sukhumvit 42

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Samui Village Ltd. New Hotel in Koh Samui 10,000 9,994 100.0%

99 Berli Jucker House 16th Floor

Soi Rubia Sukhumvit 42

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Samui Beach Residence Ltd. Property development in Koh Samui 10,000 9,993 100.0%

99 Berli Jucker House 16th Floor

Soi Rubia Sukhumvit 42

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

RNS Holdings Ltd. Property Investment 4,200,237 3,040,422 72.4%

99 Berli Jucker House 16th Floor

Soi Rubia Sukhumvit 42

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

MI Square Ltd. Property development 10,000 9,993 100.0%

99 Berli Jucker House 16th Floor

Soi Rubia Sukhumvit 42

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Core Number of Ordinary Shares EquityBusiness Outstanding Held Interest

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Subsidiaries and Affiliates (Cont’d)

RGR International Ltd. Investments 100,000 100,000 100.0%

Omar Hodge Bldg., Wickham Cay I,

Road Town, British Virgin Islands

• Eutopia Holdings Private Ltd. Investments 1,000,000 500,000 50.0%

39, Orchid Magu,

Maafannu Male, Maldives

• Harbour View Ltd. Harbour View Hotel & 6,848,743 1,368,998 20.0%

4 Tran Phu Street Office Tower

Hai Phong, Vietnam Haiphong - Vietnam (Owned by RGR International Ltd.)

A Royal Garden Resort

MSpa International Ltd. Spa Business 410,000 209,095 100.0%

99 Berli Jucker House 16th Floor

Soi Rubia Sukhumvit 42 (% included owned by RGR International Ltd. 200,900 shares)

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

• MSpa Ventures Limited Spa Business in Eastern Asia 50,000 50,000 100.0%

Pasea Estate, Road Town, Tortola

British Virgin Islands (100% owned by MSpa International Ltd..)

• Mspa Enterprise Spa Business in China 140,000 140,000 100.0%

Management (Shanghai) Ltd

Suite 03, 12/F, BlockA, (100% owned by MSpa Ventures Limited.)

18 Tao Lin Road, Pudong New Area,

Shanghai, China

• Arabian Spas Spa Business in UAE 300 147 49.0%

(Dubai) Limited

PO Box 88, Dubai, UAE (49% owned by MSpa Ventures Limited)

R.G.E. (H.K.) Limited Management 100,000 99,999 100.0%

5/F Wing On Center,

111 Cannaught Road Central, Hong Kong

Maikhao Vacation Villas Ltd. Marriot Vacation Clab Phuket 400,000 199,998 50.0%

99 Berli Jucker House 16th Floor

Soi Rubia Sukhumvit 42

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Coco Palm Hotel and Resort Ltd. Anantara Resort & Spa 925,490 601,903 65.0%

392/12 Sukhumvit Khao Lak

Klongtoey Bangkok 10110 (Including Preferred Shares amount 129,906 Shares)

Tel. 0-2381-5151 Fax. 0-2381-5777-8

Core Number of Ordinary Shares EquityBusiness Outstanding Held Interest

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Subsidiaries and Affiliates (Cont’d)

Thai Project Property Fund Property Investment 10,490,634 10,490,554 100.0%

Thai Project Property Fund c/o

The Mutual Fund Public Company Limited

30-32 Floor, Lake Rajada Building

193-195 Ratchadaphisek Road

Klongtoey, Bangkok, 10110

Thai Asset Management Property Investment 102,402,300 27,380,000 26.7%

Property Fund

11 Q House Sathorn Building,

M Floor, South Sathorn Road

Thungmahamek Bangkok 10120

Tel. 0-2670-4900 Fax. 0-2670-1820

Sub Thawee Property Fund Property Investment 50,000,000 5,000,000 10.00%

11 Q House Sathorn Building,

M Floor, South Sathorn Road

Thungmahamek Bangkok 10120

Tel. 66 (0) 2670-4900 Fax. 66 (0) 2670-1820

The Minor Food Group Plc. Quick Service Restaurant 32,730,684 32,621,397 99.67%

99 Berli Jucker House

15th-16th Floor Soi Rubia Sukhumvit 42

Prakanong Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

• Swensen’s (Thai) Limited Ice cream Parlour – Swensen's 1,000,000 999,994 100%

99 Berli Jucker House

15th-16th Floor Soi Rubia

Sukhumvit 42 Prakanong

Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

• Minor DQ Limited Kiosk-Dairy Queen 160,000 159,994 100%

99 Berli Jucker House

15th Floor Soi Rubia

Sukhumvit 42 Prakanong

Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

• Minor Cheese Limited Cheese manufacturing 600,000 599,993 100%

99 Berli Jucker House

16th Floor Soi Rubia

Sukhumvit 42 Prakanong

Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

Core Number of Ordinary Shares EquityBusiness Outstanding Held Interest

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Subsidiaries and Affiliates (Cont’d)

• Minor Dairy Limited Ice cream manufacturing 600,000 599,993 100%

99 Berli Jucker House

16th Floor Soi Rubia

Sukhumvit 42 Prakanong

Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

• R.G.R Food Service Limited Restaurant 10,000 9,994 100%

99 Berli Jucker House

16th Floor Soi Rubia

Sukhumvit 42 Prakanong

Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

• SLRT Limited Restaurant -Sizzler 4,000,000 3,999,993 100%

99 Berli Jucker House

12th Floor Soi Rubia

Sukhumvit 42 Prakanong

Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

• The Pizza Restaurant 100,000 99,993 100%

Restaurants Limited

99 Berli Jucker House

15th-16th Floor Soi Rubia

Sukhumvit 42 Prakanong

Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

• International Franchise Franchisor and Master Franchisee 1,800,000 1,800,000 100%

Holding (Labuan) Ltd.

Level 7(E), Main Office Tower,

Financial Park Labuan, Jalan Merdeka,

87000 Labuan, F.T.Labuan, Malaysia

Tel. (087) 443 118/188 Fax. (087) 441 288

• Burger (Thailand) Limited Restaurants - Burger King 1,000,000 949,994 95%

99 Berli Jucker House

12th Floor Soi Rubia

Sukhumvit 42 Prakanong

Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

• Select Service Restaurants-Bangkok, Chiengmai 450,000 229,494 51%

Partner Limited Phuket, Had Yai Airports

99 Berli Jucker House

16th Floor Soi Rubia

Sukhumvit 42 Prakanong

Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

Core Number of Ordinary Shares EquityBusiness Outstanding Held Interest

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117Annual Report 2005

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Subsidiaries and Affiliates (Cont’d)

• Select Service Partner Restaurants-Cambodia 1,000 1,000 100%

(Cambodia) Limited

Phnom Penh International Airport, (100% Owned by Select Service Partner Limited)

National Road No.4 Sangkat Kakap,

Khan Dangkor, Phnom Penh,

Kingdom of Cambodia

• Catering Associates Limited Catering services 50,000 25,495 51%

99 Berli Jucker House

16th Floor Soi Rubia

Sukhumvit 42 Prakanong

Klongtoey Bangkok 10110

Tel. 0-2381-5123-32 Fax. 0-2381-5118-9

• China Food Group Ltd Restaurant 2,700 500 18.52%

M&C Corporation Service Ltd,.

PO BOX 309 G Team

George Town Grand Keyman

Core Number of Ordinary Shares EquityBusiness Outstanding Held Interest

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118 Annual Report 2005

MMiinnoorr IInntteerrnnaattiioonnaall PPuubblliicc CCoommppaannyy LLiimmiitteedd

Corporate Information

PRINCIPAL ACTIVITIESFood and Beverages, Hotelier and retail property owner, developer, operator and investments in related fields.

REGISTERED OFFICE16th Floor, Berli Jucker House, 99 Soi Rubia, Sukhumvit 42, Bangkok 10110, ThailandCompany Register Number : 0107536000919 (Previous number : Bor Mor Jor 165)Tel. 66 (0) 2381-5151 Fax. 66 (0) 2381-5777-8 Home Page http://www.minornet.com

SHARE CAPITAL AS OF 3311 DECEMBER 22000055Registered: Baht 3,297,854,371 divided to 3,097,854,371 ordinary shares and 200,000,000

preferred shares at par value of Baht 1 each.Issued and fully paid: Baht 2,733,656,269 divided to 2,670,136,269 ordinary shares and 63,520,000

preferred shares at par value of Baht 1 each.

COMPANY REGISTRARShare Capital and Warrant Thailand Securities Depository Co., Ltd.The Stock Exchange of Thailand Building62 Rachadapisek Road, Klongtoey, Bangkok 10110Tel. 66 (0) 2229-2800 Fax. 66 (0) 2359-1259

DDeebbeennttuurree (RGR No. 1/2545, No. 1/2547) (RGR No. 2/2547) (MINT No. 1/2548)DBS Thai Danu Bank Plc. Thai Military Bank Plc.393 Silom Road, Bangrak, Bangkok 10500 3000 Phaholyothin Road, Ladyao, Chatuchak, BangkokTel. 66 (0) 2230-6295

AUDITORSPricewaterhouse Coopers ABAS LimitedBy Mr. Boonmee Ngotngamwong and/or Mr. Kajornkiet AroonpirodkulCertified Public Accountant (Thailand) 3673 and 3445, respectively.15th Floor, Bangkok City Tower, 179/74-80 South Sathorn Road, Bangkok 10120Tel. 66 (0) 2286-9999 Fax. 66 (0) 2286-5050

SOLICITORSInternational Legal Counselors Thailand LTD. Dulayapab Law Office175 Sathorn City, South Sathorn Road, 560/72 Din Dang Road, Samsaen Nai,Tungmahamek, Sathorn, Bangkok 10120 Phaya Thai, Bangkok 10400Tel. 66 (0) 2679-6005 Fax. 66 (0) 2679-6041 Tel. 66 (0) 2245-5815-9

Siam Premier International Law Office Limited Hunton & Williams (Thailand) Limited24th&25th Floor, Thai Wah Tower II, 17th Floor, Thai Wah Tower II 21/147-150 South Sathorn Road, Bangkok 10120 21/125-128 South Sathorn Road, Bangkok 10120Tel. 66 (0) 2679-1333 Fax. 66 (0) 679-1314 Tel. 66 (0) 2677-4690 Fax. 66 (0) 2677-4691-2

Page 121: Annual Report 2005 EN

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«‘ —¬∑—»πåÕߧå°√‡ªìπºŸâπ”√–¥—∫ “°≈„π∏ÿ√°‘®‡æ◊ËÕ°“√æ—°ºàÕπ —π∑π“°“√ ·≈–Õ“À“√ ¥â«¬°“√𔇠πÕº≈‘µ¿—≥±å ·≈–°“√∫√‘°“√∑’Ë √â“ߧ«“¡æ÷ßæÕ„® 100% „Àâ≈Ÿ°§â“ æπ—°ß“π ºŸâ∂◊ÕÀÿâπ ·≈–§Ÿà§â“

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Page 122: Annual Report 2005 EN

120 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

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™’µàÕÀÿâπ ‡ß‘πªíπº≈µàÕÀÿâπ ·≈–°√–· ‡ß‘π ¥®“°°“√¥”‡π‘πß“πµàÕÀÿâπ ”À√—∫ªï 2544-2547 ‰¥âª√—∫ª√ÿß„À¡à ‡æ◊ËÕ –∑âÕπ∂÷ß°“√·µ°Àÿâπ®“° 1 Àÿâ𠇪ìπ 5 Àÿâπ “¡—≠„π√–À«à“ߪï 2547 ·≈– °“√®—¥ √√Àÿâπªíπº≈·°àºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…

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2.‡ß‘πªíπº≈µàÕÀÿâπ„πªï 2548 ª√–°Õ∫¥â«¬‡ß‘𠥪íπº≈ 0.12 ∫“∑µàÕÀÿâπ ·≈–Àÿâπªíπº≈ 0.10 ∫“∑µàÕÀÿâπ

3.Õ—µ√“°“√®à“¬ªíπº≈„πªï 2548 ‡ªìπÕ—µ√“°“√®à“¬‡ß‘𠥪íπº≈ 42.17%

·≈–Õ—µ√“°“√®à“¬Àÿâπªíπº≈ 34.06%

®ÿ¥‡¥àπ∑“ß°“√‡ß‘π

2544 2545 2546 2547 2548

√«¡∫√‘…—∑¬àÕ¬ (≈â“π∫“∑)¢“¬ ÿ∑∏‘ 2,004 2,595 4,436 7,944 10,045 √“¬‰¥â√«¡ 2,077 2,749 4,662 8,237 10,443 °”‰√¢—Èπµâπ 1,379 1,779 2,934 5,219 6,702 °”‰√°àÕπ¥Õ°‡∫’Ȭ ¿“…’‡ß‘π‰¥â ·≈– §à“‡ ◊ËÕ¡√“§“ 834 1,138 1,439 2,133 2,913 °”‰√°àÕπ¥Õ°‡∫’Ȭ·≈–¿“…’‡ß‘π‰¥â 545 727 782 1,214 1,760 (°”‰√)¢“¥∑ÿπ®“°Õ—µ√“·≈°‡ª≈’ˬπ (9) 3 15 14 (2)°”‰√ ÿ∑∏‘ 262 346 401 712 1,061 ‘π∑√—æ¬å√«¡ 6,769 7,319 10,955 14,080 15,445 Àπ’È ‘π√«¡ 4,045 4,133 6,693 8,425 9,507 Àπ’È ‘π‡©æ“–∑’Ë¡’¿“√–¥Õ°‡∫’Ȭ®à“¬ 3,217 3,333 5,244 6,401 7,190 à«π¢ÕߺŸâ∂◊ÕÀÿâπ√«¡ 2,724 3,186 4,262 5,656 5,939 ∑ÿπ™”√–·≈â« 1,359 1,485 2,294 2,477 2,734 °√–· ‡ß‘π ¥ ÿ∑∏‘®“°°“√¥”‡π‘πß“π 546 777 1,119 1,798 2,290

§«“¡ “¡“√∂„π°“√∑”°”‰√ (√âÕ¬≈–)Õ—µ√“°”‰√¢—Èπµâπ 68.80 68.55 66.14 65.69 66.73 Õ—µ√“°”‰√ ÿ∑∏‘ 12.60 12.57 8.59 8.64 10.16 Õ—µ√“º≈µÕ∫·∑π®“° ‘π∑√—æ¬å√«¡ 4.47 4.91 4.38 5.69 7.19 Õ—µ√“º≈µÕ∫·∑πµàÕ à«π¢ÕߺŸâ∂◊ÕÀÿâπ 10.45 11.69 10.76 14.36 18.30

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¢âÕ¡Ÿ≈µàÕÀÿâπ (∫“∑)°”‰√ ÿ∑∏‘µàÕÀÿâπ 0.16 0.21 0.22 0.29 0.41 ¡Ÿ≈§à“µ“¡∫—≠™’µàÕÀÿâπ 2.00 2.15 1.86 2.28 2.17 ‡ß‘πªíπº≈µàÕÀÿâπ (Àÿâπ “¡—≠) 0.08 0.10 0.14 0.10 0.22 Õ—µ√“°“√®à“¬‡ß‘πªíπº≈(%) 68.43 51.90 60.19 59.56 76.23 °√–· ‡ß‘π ¥®“°°“√¥”‡π‘πß“πµàÕÀÿâπ 0.34 0.48 0.63 0.75 0.92

∑ÿπ‡√◊ÕπÀÿâπ (æ—πÀÿâπ)¡Ÿ≈§à“∑’˵√“‰«â (∫“∑µàÕÀÿâπ) 10 5 5 1 1 ®”π«πÀÿâπ “¡—≠®¥∑–‡∫’¬π 166,200 332,399 486,886 2,443,145 3,097,854 ®”π«πÀÿâπ∫ÿ√‘¡ ‘∑∏‘®¥∑–‡∫’¬π - - 40,000 200,000 200,000 ®”π«πÀÿâπ “¡—≠™”√–·≈â« 135,894 297,022 450,214 2,413,258 2,670,136 ®”π«πÀÿâπ∫ÿ√‘¡ ‘∑∏‘™”√–·≈â« - - 8,579 63,520 63,520 ®”π«πÀÿâπ “¡—≠∂—«‡©≈’ˬ 135,799 275,232 307,673 2,175,323 2,499,430 ®”π«πÀÿâπ∫ÿ√‘¡ ‘∑∏‘∂—«‡©≈’ˬ - - 8,579 63,520 63,520 ®”π«π„∫ ”§—≠· ¥ß ‘∑∏‘

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Page 123: Annual Report 2005 EN

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Àπ’È ‘π·≈– à«π¢ÕߺŸâ∂◊ÕÀÿâπÀπ’È ‘πÀ¡ÿπ‡«’¬π 2,626 Àπ’È ‘π√«¡√–¬–¬“« 5,789 ∑ÿπ, à«π‡°‘π∑ÿπ·≈– ”√Õß 3,066 °”‰√ – ¡ ( ÿ∑∏‘) 1,308 à«π¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬ 1,281 √«¡Àπ’È ‘π·≈– à«π¢ÕߺŸâ∂◊ÕÀÿâπ 14,070

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≥ «—π∑’Ë 31 ∏—𫓧¡ 2548≈â“π∫“∑

‘π∑√—æ¬å‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ (4) 314 ‘π∑√—æ¬åÀ¡ÿπ‡«’¬πÕ◊ËπÊ 1,460 °“√≈ß∑ÿπ·≈–Õ◊ËπÊ (5) 3,428 ‘π∑√—æ¬å∂“«√ (6) 10,223 √«¡ ‘π∑√—æ¬å 15,425

Àπ’È ‘π·≈– à«π¢ÕߺŸâ∂◊ÕÀÿâπÀπ’È ‘πÀ¡ÿπ‡«’¬π 3,468 Àπ’È ‘π√«¡√–¬–¬“« (7) 6,019 ∑ÿπ, à«π‡°‘π∑ÿπ·≈– ”√Õß (8) 3,523 °”‰√ – ¡ ( ÿ∑∏‘) (9) 1,758 à«π¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬ (10) 657 √«¡Àπ’È ‘π·≈– à«π¢ÕߺŸâ∂◊ÕÀÿâπ 15,425

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(1) ∫√‘…—∑œ ‡æ‘Ë¡°“√≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑„π‡§√◊Õ®”π«π 907 ≈â“π∫“∑ ◊ÈÕ ‘π∑√—æ¬å∂“«√ 1,173 ≈â“π∫“∑·≈–≈ß∑ÿπ„πÕ◊ËπÊ 287 ≈â“π∫“∑

(2) ÿ∑∏‘®“°°“√®—¥À“‡ß‘π 385 ≈â“π∫“∑ ·≈–‡æ‘Ë¡∑ÿπÀÿâπ “¡—≠ 23 ≈â“π∫“∑

(3) ‡¥◊Õπ情¿“§¡ 2548 ®à“¬ªíπº≈√«¡∑—Èß ‘Èπ 509 ≈â“π∫“∑ ‚¥¬®à“¬‡ªìπ‡ß‘πªíπº≈√«¡ 273 ≈â“π∫“∑ À√◊Õ0.12 µ“ߧå„Àâ°—∫ºŸâ∂◊ÕÀÿâπ “¡—≠ ·≈–‡ß‘πªíπº≈√«¡ 9≈â“π∫“∑„Àâ°—∫ºŸâ∂◊ÕÀÿâπ∫ÿ√‘¡ ‘∑∏‘ ·≈–®à“¬Àÿâπªíπº≈§‘¥‡ªìπ‡ß‘π 227 ≈â“π∫“∑„Àâ°—∫ºŸâ∂◊ÕÀÿâπ “¡—≠

(4) ‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥®”π«π 314 ≈â“π∫“∑√«¡°√–· ‡ß‘𠥇ªìπ®”π«π ÿ∑∏‘®“°‡ß‘π‡∫‘°‡°‘π∫—≠™’∏𓧓√®”π«π 20 ≈â“π∫“∑

(5) °”‰√®“°‡ß‘π≈ß∑ÿπ·≈– ‘π∑√—æ¬å‰¡à¡’µ—«µπ‡æ‘Ë¡¢÷Èπ®“°°“√≈ß∑ÿπ„π‚ø√å ’ —π å ¡ÿ¬ ‡µÁπ∑å·§¡ªá ‡™’¬ß√“¬·≈–‚§√ß°“√„À¡à∑’ˇ°“–¿Ÿ‡°Áµ

(6) ‘π∑√—æ¬å∂“«√ ÿ∑∏‘‡æ‘Ë¡¢÷Èπ 95 ≈â“π∫“∑ ‡π◊ËÕß®“°°“√°àÕ √â“ß‚§√ß°“√„π∏ÿ√°‘®‚√ß·√¡§‘¥‡ªìπ‡ß‘π 476 ≈â“π∫“∑ ·≈–°“√¢¬“¬°‘®°“√„π∏ÿ√°‘®Õ“À“√ 746 ≈â“π∫“∑·≈–°“√≈¥≈ߢÕß§à“‡ ◊ËÕ¡√“§“®”π«π 1,127 ≈â“π∫“∑

(7) Àπ’È ‘π√–¬–¬“«‡æ‘Ë¡¢÷Èπ 230 ≈â“π∫“∑ ‡π◊ËÕß®“°°“√‡ πÕ¢“¬ Àÿâπ°Ÿâ‡æ◊ËÕ™”√–§◊π‡ß‘π°Ÿâ∑—Èß√–¬– —Èπ·≈–√–¬–¬“«

(8) ∑ÿπ¢Õß∫√‘…—∑œ ‡æ‘Ë¡¢÷Èπ‡ªìπ 457 ≈â“π∫“∑ „πªï 2548‡π◊ËÕß®“°°“√®à“¬ªíπº≈„π√Ÿª¢ÕßÀÿâπªíπº≈„Àâ°—∫ºŸâ∂◊ÕÀÿâπ·≈–°“√‡æ‘Ë¡¢÷Èπ¢Õß√“§“‡À¡“– ¡¢Õ߇ߑπ≈ß∑ÿπ„π∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ®”°—¥ (¡À“™π)

(9) °”‰√ – ¡‡æ‘Ë¡¢÷Èπ‡π◊ËÕß®“°º≈ª√–°Õ∫°“√∑’Ë¥’„πªï 2548

(10) à«π¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬≈¥≈߇π◊ËÕß®“°°“√‡æ‘Ë¡ —¥ à«π°“√≈ß∑ÿπ„π‚√ß·√¡ ‚ø√å ’ —Ëπ å °√ÿ߇∑æ

Page 124: Annual Report 2005 EN

122 √“¬ß“πª√–®”ªï 2548

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º¡¡’§«“¡¬‘π¥’∑’Ë®–‡√’¬π„Àâ∑√“∫«à“ªï 2548 ‡ªìπªï∑’Ë ”§—≠¬‘Ëß ”À√—∫∫√‘…—∑œ ¥â«¬°‘®°“√‡§√◊Õ¢à“¬√â“πÕ“À“√ “¢“∑’Ë¡’¡“°°«à“ 550 √â“π ·≈–‚√ß·√¡„π‡§√◊ÕÕ’° 12 ·Ààß√«¡°—π àߺ≈„Àâ√“¬‰¥â√«¡‡æ‘Ë¡¢÷Èπ∂÷ß√âÕ¬≈– 27 ‚¥¬¡’√“¬‰¥â√«¡ 10,400 ≈â“π∫“∑ ·≈–°”‰√µàÕÀÿâπ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 41 ‡ªìπ 0.41 ∫“∑µàÕÀÿâπ

·≈–¥â«¬·√ß π—∫ πÿπ·≈–°“√∑ÿࡇ∑·√ß°“¬·√ß„®¢Õßæπ—°ß“π°«à“ 16,000 §π„πª√–‡∑»µà“ßÊ ª√–°Õ∫°—∫«—≤π∏√√¡Õߧå°√∑’ˇªïò¬¡‰ª¥â«¬æ≈—ß·Ààß°“√ √â“ß √√§åº≈ß“π·≈–°“√∫√‘°“√∑’ˇªìπ‡¬’Ë¬¡‡æ◊ËÕµÕ∫ πÕߧ«“¡µâÕß°“√¢Õß≈Ÿ°§â“‰¥â∑”„Àâ∫√‘…—∑œ°â“«‰ªÕ’°¢—ÈπÀπ÷Ëß„π√Õ∫ 30 ªï °“√‡ªìπ∫√‘…—∑œ ∑’Ë¡’¢π“¥„À≠à¢÷Èπ·≈–º—πµ—«‡ÕßÕÕ°‰ª„π√–¥—∫π“π“™“µ‘‰¥âæ—≤π“¢’¥§«“¡ “¡“√∂¢Õß∫√‘…—∑œ „π°“√ √â“ß°“√‡®√‘≠‡µ‘∫‚µ·≈–º≈µÕ∫·∑π∑’Ë Ÿß¢÷Èπ„Àâ°—∫ºŸâ∂◊ÕÀÿâπ

°”‰√ ÿ∑∏‘‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 49 „πªï 2548„πªï 2548 ∫√‘…—∑œ ¡’√“¬‰¥â√«¡‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 27 ‡ªìπ 10,400≈â“π∫“∑ °”‰√ ÿ∑∏‘‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 49 ‡ªìπ 1,061 ≈â“π∫“∑ °”‰√µàÕÀÿâπ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 41 ‡ªìπ 0.41 ∫“∑µàÕÀÿâπ ·≈–º≈µÕ∫·∑πµàÕ à«π¢ÕߺŸâ∂◊ÕÀÿâπ‡æ‘Ë¡®“°√âÕ¬≈– 14.4 ‡ªìπ√âÕ¬≈– 18.3·¡â«à“°“√‡®√‘≠‡µ‘∫‚µ à«π„À≠à‡ªìπº≈¡“®“°°“√‡¢â“ ◊ÈÕ°‘®°“√„π à«π¢Õß∏ÿ√°‘®‚√ß·√¡·≈–°“√¢¬“¬‡§√◊Õ¢à“¬∏ÿ√°‘®Õ“À“√ÕÕ°‰ª„πµà“ߪ√–‡∑» ·µà∫√‘…—∑œ °Á¬—ߧߡÿàß¡—Ëπ∑’Ë®–æ—≤π“¢’¥§«“¡ “¡“√∂„π°“√‡æ‘Ë¡ª√– ‘∑∏‘¿“æ·≈–§«“¡ “¡“√∂„π°“√∑”°”‰√¢Õß∏ÿ√°‘®∑’Ë¡’Õ¬Ÿà‡¥‘¡ ∑—Èßπ’È ‡æ◊ËÕ„Àâ¡’º≈ª√–°Õ∫°“√∑’Ë·¢Áß·°√àß°«à“ªï∑’˺à“π¡“∑—Èß„π·ßà°“√‡®√‘≠‡µ‘∫‚µ·≈–º≈°”‰√

„πªï∑’˺à“π¡“‡ªìπªï∑’Ë∏ÿ√°‘®‚√ß·√¡¡’º≈ß“π∑’Ë‚¥¥‡¥àπ ‚¥¬‡©æ“–Õ¬à“߬‘Ëß®“°°“√∑’Ë∫√‘…—∑œ ‰¥â√«¡‡Õ“ß∫°“√‡ß‘π¢Õß‚√ß·√¡ ‚ø√å ’ —Ëπ å °√ÿ߇∑æœ ·≈–‚√ß·√¡ ‡®¥—∫∫≈‘« ·¡√‘ÕÕ∑¿Ÿ‡°Áµ √’´Õ√å∑ ·Õπ¥å ª“ ‡¢â“°—∫ß∫°“√‡ß‘π¢Õß∫√‘…—∑œ

1.𓬫‘≈‡≈’ˬ¡‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ª√–∏“π°√√¡°“√·≈–ª√–∏“π‡®â“Àπâ“∑’Ë∫√‘À“√

2.π“¬æÕ≈ ™“≈’ 凧ππ’Ë ª√–∏“π‡®â“Àπâ“∑’Ë∫√‘À“√∫√‘…—∑ ‡¥Õ–‰¡‡πÕ√å øŸâ¥ °√ÿ䪮”°—¥ (¡À“™π)π“ߪ√“√∂π“¡‚π¡—¬æ‘∫Ÿ≈¬åª√–∏“π‡®â“Àπâ“∑’Ë°“√‡ß‘π ·≈–𓬫‘≈‡≈’ˬ¡‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ª√–∏“π°√√¡°“√·≈–ª√–∏“π‡®â“Àπâ“∑’Ë∫√‘À“√(®“°´â“¬‰ª¢«“)

1.

Page 125: Annual Report 2005 EN

123√“¬ß“πª√–®”ªï 2548

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‚¥¬ ¡∫Ÿ√≥å ª√–°Õ∫°—∫°“√√—∫√Ÿâ√“¬‰¥â¢Õß‚√ß·√¡Õπ—πµ√“√’ Õ√å∑ ·Õπ¥å ª“ ¡ÿ¬ ‡µÁ¡∑—Èߪìπªï·√° ·≈–¢≥–∑’Ë‚√ß·√¡µà“ßÊ ∑’Ë°≈à“«¡“π’ȉ¥â™à«¬„Àâ√“¬‰¥â®“°∏ÿ√°‘®‚√ß·√¡‡æ‘Ë¡¢÷Èπ∂÷ß√âÕ¬≈– 54 ‚¥¬¡’√“¬‰¥â√«¡ 4,298 ≈â“π∫“∑ ‚√ß·√¡∑’ˇªî¥¥”‡π‘π°“√Õ¬Ÿà‡¥‘¡µà“ß°Á¡’º≈°“√¥”‡π‘πß“π∑’Ë¥’‡™àπ°—π ‚¥¬¡’ —¥ à«π√“¬‰¥âµàÕÕ—µ√“°“√‡¢â“æ—°‡æ‘Ë¡¢÷Èπ∂÷ß√âÕ¬≈– 11 ‚¥¬∑ÿ°‚√ß·√¡¡’√“¬‰¥â‡æ‘Ë¡¢÷Èπ¬°‡«âπ‡æ’¬ß·Àà߇¥’¬«∑’ˉ¥â¡’°“√ªî¥ÀâÕßæ—°∫“ß à«π‡æ◊ËÕª√—∫ª√ÿ߇ªìπ‡«≈“ 5 ‡¥◊Õπ

„π¥â“π∏ÿ√°‘®Õ“À“√ ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥(¡À“™π) (MFG) ´÷Ë߇ªìπºŸâ„Àâ∫√‘°“√¥â“πÕ“À“√·°à≈Ÿ°§â“°«à“ 50≈â“π§π∑—Èß„π·≈–µà“ߪ√–‡∑» °Á¡’º≈ª√–°Õ∫°“√‡ªìπ∑’Ëπà“æÕ„®¥â«¬√“¬‰¥â∑’Ë Ÿß¢÷Èπ∂÷ß√âÕ¬≈– 10 ‡ªìπ 4,793 ≈â“π∫“∑ ∑—Èßπ’ȇªìπº≈¡“®“°°“√‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 6 ¢Õß√“¬‰¥â®“°√â“π “¢“∑’Ë¡’Õ¬Ÿà‡¥‘¡·≈–°“√‡æ‘Ë¡®”π«π√â“π “¢“¢Õßµπ‡Õß·≈–√â“π„π√–∫∫·ø√π‰™ å√«¡ 31 “¢“ ·≈–Õ’°√âÕ¬≈– 26 ‡ªìπ°“√‡æ‘Ë¡¢÷Èπ¢Õß√“¬‰¥â®“°°“√¢“¬·ø√π‰™ å ¢≥–‡¥’¬«°—π ∫√‘…—∑œ °Á¬—ߧßæ—≤π“ª√—∫ª√ÿߪ√– ‘∑∏‘¿“æ°“√¥”‡π‘πß“π·≈–º≈°”‰√¢Õß∏ÿ√°‘®Õ“À“√∑’Ë¥”‡π‘π°“√Õ¬Ÿà‡¥‘¡ ‡ªìπº≈„ÀâÕ—µ√“°”‰√°àÕπ¥Õ°‡∫’Ȭ·≈–¿“…’‡æ‘Ë¡¢÷Èπ®“°√âÕ¬≈– 10.9 „πªï 2547 ‡ªìπ√âÕ¬≈– 12 „πªï 2548 ‚¥¬ ‡¥Õ– æ‘´´à“ §Õ¡ª–π’ ·≈– ‡«π‡´àπ å ¬—ߧß√—°…“µ”·ÀπàߺŸâπ”µ≈“¥‰«â‰¥â‡™àπ‡¥‘¡ ·≈–§«“¡ ”‡√Á®„π°“√¢¬“¬∏ÿ√°‘®Õ“À“√„πª√–‡∑»®’π·≈–µ–«—πÕÕ°°≈“߉¥âµÕ°¬È”„Àâ‡ÀÁπ∂÷ߧ«“¡ “¡“√∂„π°“√ √â“ߧ«“¡ ”‡√Á®„π√–¥—∫π“π“™“µ‘

”À√—∫∏ÿ√°‘®∫√‘°“√‡æ◊ËÕ ÿ¢¿“æ ( ª“) Õ —ßÀ“√‘¡∑√—æ¬å ·≈–∏ÿ√°‘®∫—π‡∑‘ß ¡’√“¬‰¥â√«¡°—π 779 ≈â“π∫“∑ „πªï 2548 ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 17 ‡∑’¬∫°—∫ªï 2547 „π¢≥–∑’Ë∏ÿ√°‘®Õ —ßÀ“√‘¡∑√—æ¬å·≈–∏ÿ√°‘®∫—π‡∑‘߬—ߧ߄À⧫“¡ ”§—≠°—∫°“√∫√‘À“√»Ÿπ¬å°“√§â“ 2·Ààß„πª√–‡∑»„Àâ¡’Õ—µ√“°”‰√ Ÿß ÿ¥ ∏ÿ√°‘® ª“°Á‰¥â√ÿ°¢¬“¬µ—«ÕÕ°‰ª∑—Èß„π·≈–µà“ߪ√–‡∑» ‚¥¬°“√‡ªî¥ ª“ 4 “¢“„πª√–‡∑»·≈–Õ’° 1 “¢“„πµà“ߪ√–‡∑» ∑”„Àâ¡’®”π«π “¢“√«¡∑—Èß ‘Èπ 16 “¢“ ·¡â«à“∏ÿ√°‘® ª“®–¡’ —¥ à«π√“¬‰¥â‡æ’¬ß√âÕ¬≈– 3 ¢Õß√“¬‰¥â√«¡„πªï 2458 ·µà¥â«¬‡ªÑ“À¡“¬°“√‡®√‘≠‡µ‘∫‚µ∑’ˇ¥àπ™—¥°Á§“¥«à“®–‡ªìπ∏ÿ√°‘®∑’Ë¡’ —¥ à«π√“¬‰¥â∑’Ë Ÿß¢÷ÈπÕ¬à“ß¡’π—¬ ”§—≠∂÷ß√âÕ¬≈– 10 „πªï 2551

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¢¬“¬µ—« Ÿà√–¥—∫π“π“™“µ‘„πªï 2548 ∫√‘…—∑œ ¡’√“¬‰¥â®“°°“√¥”‡π‘π∏ÿ√°‘®„π 7 ª√–‡∑»‡∑’¬∫°—∫ 3 ª√–‡∑»„πªï 2547 ‚¥¬√“¬‰¥â∑’Ë¡“®“°µà“ߪ√–‡∑»‡æ‘Ë¡¢÷Èπ∂÷ß√âÕ¬≈– 119 §‘¥‡ªìπ‡ß‘π√«¡ 147.3 ≈â“π∫“∑ ·≈–·¡â®–¡’ —¥ à«ππâÕ¬°«à“√âÕ¬≈– 2 ¢Õß√“¬‰¥â√«¡„πªï∑’˺à“π¡“ ·µà®–‡ªìπ√“¬‰¥â∑’ˇµ‘∫‚µÕ¬à“ßµàÕ‡π◊ËÕß ·≈–®–‡ªìπ —¥ à«π√“¬‰¥â∑’Ë¡’ à«π ”§—≠µàÕ°“√‡æ‘Ë¡¢÷Èπ¢Õß°”‰√ ÿ∑∏‘ ‡π◊ËÕß®“° à«π„À≠à®–‡ªìπ§à“≈‘¢ ‘∑∏‘Ï·≈–·ø√π‰™ å ÷Ëß¡’§à“„™â®à“¬„π°“√¥”‡π‘πß“πµË” „πªï∑’˺à“π¡“ —¥ à«π‡ß‘π≈ß∑ÿπ∑’Ë Ÿß ÿ¥¢Õß ∫√‘…—∑œ ‰¥â∂Ÿ°π”‰ª„™â≈ß∑ÿπ„πµà“ߪ√–‡∑»·≈–®—¥«à“‡ªìπ®”π«π Ÿß∑’Ë ÿ¥‡∑à“∑’ˇ§¬¡’¡“ °≈à“«§◊Õ‡ªìπ‡ß‘π∂÷ß 480 ≈â“π∫“∑ ‚¥¬‡ªìπ°“√≈ß∑ÿπ¢¬“¬∏ÿ√°‘®Õ“À“√„πª√–‡∑»®’π·≈–°“√°àÕ √â“ß‚√ß·√¡®”π«π 3 ·Ààß„πª√–‡∑»¡—≈¥’ø å

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125√“¬ß“πª√–®”ªï 2548

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·¡â«à“∫√‘…—∑œ ®–‡πâπÀπ—°°“√≈ß∑ÿπ„π∏ÿ√°‘®Õ“À“√„πª√–‡∑»®’π∑—Èß∑’ˇªìπ√â“π¢Õß∫√‘…—∑œ ‡Õß·≈–√â“π·ø√π‰™ å ∫√‘…—∑œ °Á¬—ߧ߄À⧫“¡ ”§—≠°—∫°“√¢“¬·ø√π‰™ å„πª√–‡∑»Õ◊Ëπ Ê §«∫§Ÿà°—π‰ª¥â«¬ ‚¥¬ªï 2548 ∫√‘…—∑œ‰¥â≈ßπ“¡®”Àπà“¬·ø√π‰™ å„Àâ°—∫∫√‘…—∑§â“ª≈’°∑’Ë„À≠à∑’Ë ÿ¥„πª√–‡∑»´“Õÿ¥‘Õ“√–‡∫’¬ ‰¥â·°àF.A. Al Hokair ªí®®ÿ∫—π ∫√‘…—∑œ®÷ߢ¬“¬∏ÿ√°‘®Õ“À“√ºà“π·ø√π‰™ å‰ª„πµ≈“¥µà“ߪ√–‡∑»·≈â«®”π«π 9 ª√–‡∑» ·≈–°“√‡ªìπ‡®â“¢Õß ‡¥Õ– æ‘ à“ §Õ¡ª–π’ ÷Ëß “¡“√∂∑’Ë®–¢“¬·ø√π‰™ å„πª√–‡∑»„¥°Á‰¥â∑—Ë«‚≈° æ√âÕ¡∑—Èß°“√‡ªìπ‡®â“¢Õß≈‘¢ ‘∑∏‘Ï„π°“√¢¬“¬·ø√π‰™ å‰Õ»§√’¡ ‡«π‡´àπ 剪„πª√–‡∑»µà“ßÊ °«à“ 33 ª√–‡∑» ∫√‘…—∑œ ®÷ߧ“¥«à“√“¬‰¥â∑’Ë¡“®“°°“√®”Àπà“¬·ø√π‰™ å®–‡ªìπ∑’Ë¡“¢Õß√“¬‰¥â·≈–°”‰√∑’Ë ”§—≠„πÕ𓧵

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127√“¬ß“πª√–®”ªï 2548

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„π‡¥◊Õπµÿ≈“§¡ 2548 ∫√‘…—∑œ‰¥â®—¥ª√–™ÿ¡ºŸâ√à«¡∑ÿπ·ø√π‰™ å„πª√–‡∑»¢÷Èπ‡ªìπ§√—Èß·√°∑’Ë°√ÿ߇∑æœ ‚¥¬‡ªìπ°“√ª√–™ÿ¡ºŸâ´◊ÈÕ·ø√π‰™ å ‡¥Õ– æ‘ ´à“ §Õ¡ª–π’ 21 “¢“ ·≈– ‡«π‡´àπ åÕ’°24 “¢“ ∑—Èßπ’È∫√‘…—∑œ ‡≈Á߇ÀÁπ«à“ ºŸâ√à«¡∑ÿπ·ø√π‰™ å‡ªìπæ—π∏¡‘µ√∑“ß∏ÿ√°‘®∑’Ë ”§—≠·≈–‡ªìπºŸâ √â“ߧ«“¡ ”‡√Á®„Àâ°—∫∫√‘…—∑œ √à«¡°—∫√â“π “¢“¢Õß∫√‘…—∑œ ‡Õß∑’Ë¡’Õ¬Ÿà 482 “¢“§«“¡∑ÿࡇ∑‡æ◊ËÕº≈ ”‡√Á®¢ÕߺŸâ√à«¡∑ÿπ·ø√π‰™ å‡ªìπº≈„ÀâÕ—µ√“°“√‡®√‘≠‡µ‘∫‚µ¢Õß∫√‘…—∑œ ‡ªìπ‰ªÕ¬à“ß√«¥‡√Á«æ√âÕ¡Ê °—∫¡Ÿ≈§à“¢ÕߺŸâ∂◊ÕÀÿâπ∑’ˇæ‘Ë¡ Ÿß¢÷Èπ

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1.

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131√“¬ß“πª√–®”ªï 2548

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·¡â«à“°“√§«∫√«¡°‘®°“√„π§√—Èßπ’È®–‡°‘¥ª√–‚¬™πåÕ¬à“ß™—¥‡®π„πÕ’°À≈“¬ªï¢â“ßÀπâ“ ·µà∫√‘…—∑œ æ∫«à“°“√√«¡°—π¢Õß 2∏ÿ√°‘®·≈–°“√π”∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π)ÕÕ°®“°°“√‡ªìπ∫√‘…—∑œ ®¥∑–‡∫’¬π‰¥â™à«¬ √â“ߧ«“¡·¢Áß·°√àß„Àâ°—∫∫√‘…—∑œ ‡π◊ËÕß®“°‰¥â∑”„Àâ∫√‘…—∑œ°≈“¬‡ªìπ∫√‘…—∑∑’Ë¡’¢π“¥„À≠à∑’Ë¥÷ߥŸ¥§«“¡ π„®¢Õßπ—°≈ß∑ÿπ ¡’§«“¡À≈“°À≈“¬„π¡‘µ‘¢Õß°“√∑”∏ÿ√°‘® ·≈–°“√æ—≤𓇪≈’ˬπ·ª≈ß¿“¬À≈—ß®“°°“√π”‡Õ“∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥(¡À“™π) ÕÕ°®“°°“√‡ªìπ∫√‘…—∑®¥∑–‡∫’¬π„πµ≈“¥À≈—°∑√—æ¬åœ ·≈–°“√‡ª≈’ˬπ™◊ËÕ∫√‘…—∑œ „πµâπªï 2548 ¡Ÿ≈§à“∑“ß°“√µ≈“¥¢Õß∫√‘…—∑œ (‰¡à√«¡Àÿâπ ◊ÈÕ§◊π) ‰¥âª√—∫µ—«‡æ‘Ë¡¢÷Èπ Ÿß°«à“√âÕ¬≈– 150 ‡ªìπ 20,000 ≈â“π∫“∑ ·≈–µ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬‰¥âæ‘®“√≥“√«¡Àÿâπ∫√‘…—∑œ‡¢â“‰«â„π¥—™π’À≈—°∑√—æ¬å100 À≈—°∑√—æ¬å (SET 100) ∑’Ë¡’§ÿ≥ ¡∫—µ‘‡À¡“– ¡„π°“√≈ß∑ÿπ ‚¥¬æ‘®“√≥“∂÷ß¡Ÿ≈§à“∑“ß°“√µ≈“¥ —¥ à«π¢ÕߺŸâ∂◊ÕÀÿâπ√“¬¬àÕ¬ ·≈–¡Ÿ≈§à“°“√´◊ÈÕ¢“¬„π·µà≈–«—π

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133

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Page 136: Annual Report 2005 EN

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Page 137: Annual Report 2005 EN

135√“¬ß“πª√–®”ªï 2548

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¿“«–Õÿµ “À°√√¡∏ÿ√°‘®‚√ß·√¡¢Õߪ√–‡∑»‰∑¬‡√‘Ë¡µâπªï 2548 ¥â«¬ ∂“π°“√≥å∑’ˉ¡à·πàπÕπ‚¥¬‡©æ“–Õ¬à“߬‘Ëߺ≈°√–∑∫®“°‡Àµÿ°“√≥å∏√≥’æ‘∫—µ‘¿—¬ ÷π“¡‘‡¡◊ËÕ«—π∑’Ë 26 ∏—𫓧¡ 2547 Õ¬à“߉√°Áµ“¡·¡â«à“®–‡°‘¥§«“¡‡ ’¬À“¬¢÷Èπ∑’ˇ¢“À≈—° ∫√‘‡«≥∑‘»‡Àπ◊Õ¢Õ߇°“–¿Ÿ‡°Áµ ·≈–‡°“–æ’æ’ ·µà‚¥¬ à«π„À≠à¢Õ߇°“–¿Ÿ‡°Áµ ·≈–·À≈àß∑àÕ߇∑’ˬ«∑’Ë ”§—≠Õ◊Ëπ Ê ¢Õߪ√–‡∑» °Á‰¡à‰¥â√—∫º≈°√–∑∫®“°¿—¬æ‘∫—µ‘„π§√—Èßπ’È

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2542 8.58 10.5% 7.96 3,705 2543 9.51 10.8% 7.77 3,861 2544 10.06 5.8% 7.93 3,948 2545 10.80 7.3% 7.98 3,754 2546 10.00 -7.6% 8.19 3,774 2547 11.65 16.5% 8.13 4,058 2548 (≥ æ.¬. 2548) 12.00 3.0% 8.10 4,150 2549 (ª√–¡“≥°“√) 13.20 10.0% 8.20 4,300

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§«“¡ ”‡√Á®®“°‚√ß·√¡ Õπ—πµ√“ √’ Õ√å∑ ∑’ËÀ—«À‘𠇙’¬ß√“¬·≈–‡°“– ¡ÿ¬ ‰¥â· ¥ß„Àâ‡ÀÁπ«à“‡§√◊ËÕßÀ¡“¬°“√§â“Õπ—πµ√“‡ªìπ‡§√◊ËÕßÀ¡“¬°“√§â“∑’Ë¡’§«“¡ “¡“√∂®–æ—≤π“„Àâª√– ∫§«“¡ ”‡√Á®„π√–¥—∫‚≈°‰¥â „πªï 2548 ∫√‘…—∑œ ®÷߉¥â√—∫§«“¡‰«â«“ß„®„À⇪ìπºŸâ∫√‘À“√‚√ß·√¡´÷Ëßµ—ÈßÕ¬Ÿà∑’Ë¥Ÿ‰∫ ·≈–∫“À≈’ ¿“¬„µâ‡§√◊ËÕßÀ¡“¬°“√§â“Õπ—πµ√“ ¢≥–‡¥’¬«°—π ∫√‘…—∑œ °Á°”≈—ߥ”‡π‘π°“√°àÕ √â“ß‚√ß·√¡Õπ—πµ√“¢π“¥ 110 ÀâÕß ∑’˪√–‡∑»¡—≈¥’ø å ÷Ëß¡’·ºπ∑’Ë®–‡ªî¥„Àâ∫√‘°“√„πªï 2549 ·≈–µ—È߇ªÑ“«à“¿“¬„πªï 2550 ®–¡’‚√ß·√¡Õ¬à“ßπâÕ¬ 7 ·Ààß∑—Ë«‚≈°∑’Ë„™â‡§√◊ËÕßÀ¡“¬°“√§â“Õπ—πµ√“ §«“¡ ”‡√Á®¢ÕßÕπ—πµ√“‰¡à‡æ’¬ß·µà°“√‡ªî¥¥”‡π‘π°‘®°“√∑’ˇªìπ‚√ß·√¡¢Õßµπ‡Õß ·µà¬—ßÀ¡“¬√«¡∂÷ß°“√∑” —≠≠“‡ªìπºŸâ∫√‘À“√®—¥°“√‚√ß·√¡¿“¬„µâ‡§√◊ËÕßÀ¡“¬°“√§â“Õπ—πµ√“Õ’°¥â«¬

Page 138: Annual Report 2005 EN

136 √“¬ß“πª√–®”ªï 2548

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Õ—µ√“°“√‡¢â“æ—° (√âÕ¬≈–)2543 2544 2545 2546 2547 2548

°√ÿ߇∑æœ ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ 75.9% 71.3% 72.4% 67.4% 82.5% 86.4%æ—∑¬“ ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ 77.6% 75.6% 77.6% 74.3% 74.3% 80.4%À—«À‘π ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ 64.2% 76.5% 80.6% 71.4% 72.4% 80.7%‡® ¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ √’ Õ√å∑ ·Õπ¥å ª“ 0.0% 0.0% 46.4% 67.1% 76.6% 67.0%Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ À—«À‘π 64.4% 65.2% 59.8% 53.3% 61.0% 76.1%Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ ‚°≈‡¥âπ ‰∑√·Õ߇°‘≈ 0.0% 0.0% 37.3% 34.3% 35.0% 40.3%Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ ‡°“– ¡ÿ¬ 0.0% 0.0% 0.0% 0.0% 0.0% 45.7%‚ø√å ’ —Ëπ å √’ Õ√å∑ ‡™’¬ß„À¡à 64.0% 64.1% 57.0% 47.2% 59.7% 59.0%‚ø√å ’ —Ëπ å °√ÿ߇∑æœ 64.7% 61.0% 67.5% 59.1% 71.3% 63.4%√Õ¬—≈°“√凥âπ Œ“√å‡∫Õ√å«‘« 24.6% 32.0% 34.6% 32.8% 42.8% 45.8%

Õ—µ√“§à“ÀâÕßæ—°‚¥¬‡©≈’ˬ (∫“∑/§◊π)2543 2544 2545 2546 2547 2548

°√ÿ߇∑æœ ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ 2,304 2,709 2,731 2,792 2,951 3,444 æ—∑¬“ ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ 1,925 2,132 2,273 2,569 2,798 3,101 À—«À‘π ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ 2,135 2,146 2,375 2,723 3,065 3,194 ‡® ¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ √’ Õ√å∑ ·Õπ¥å ª“ - - 3,743 4,035 4,727 5,561 Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ À—«À‘π 2,477 2,741 3,295 3,494 3,669 3,814 Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ ‚°≈‡¥âπ ‰∑√·Õ߇°‘≈ - - 2,384 3,094 4,173 4,756 Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ ‡°“– ¡ÿ¬ - - - - 5,639 ‚ø√å ’ —Ëπ å √’ Õ√å∑ ‡™’¬ß„À¡à 9,795 10,988 11,422 10,267 11,008 12,115 ‚ø√å ’ —Ëπ å °√ÿ߇∑æœ 4,680 4,977 4,858 4,767 5,139 5,665 √Õ¬—≈°“√凥âπ Œ“√å‡∫Õ√å«‘« (¥Õ≈≈“√å À√—∞) 26 27 30 32 34 42

·¡√‘ÕÕ∑„π®”π«π‡§√◊ËÕßÀ¡“¬°“√§â“∑—Èß “¡ ∫√‘…—∑œ ¡’§«“¡¿Ÿ¡‘„®‡ªìπÕ¬à“߬‘Ëß°—∫§«“¡ ”‡√Á®¢Õ߇§√◊Õ·¡√‘ÕÕ∑ π—∫µ—Èß·µà°√ÿ߇∑æœæ—∑¬“ ·≈–À—«À‘𠇪√’¬∫‡∑’¬∫°—∫‚√ß·√¡¿“¬„µâ‡§√◊ËÕßÀ¡“¬°“√§â“Õπ—πµ√“·≈–‚ø√å´’´—Ëπ å √’ Õ√å∑·≈â« ‚√ß·√¡∑’ËÕ¬Ÿà¿“¬„µâ‡§√◊ËÕßÀ¡“¬°“√§â“·¡√‘ÕÕ∑π—∫‡ªìπ‚√ß·√¡∑’Ë “¡“√∂ √â“ß√“¬‰¥â∂÷ß√âÕ¬≈– 60 ¢Õß√“¬‰¥â®“°∏ÿ√°‘®‚√ß·√¡ π—∫‡ªìπªï∑’˪√– ∫§«“¡ ”‡√Á®¡“°∑’Ë ÿ¥„π¥â“πÕ—µ√“°“√‡¢â“æ—° —¥ à«π√“¬‰¥âµàÕÕ—µ√“°“√‡¢â“æ—° ·≈–√“¬‰¥â√«¡ §«“¡ ”‡√Á®¢Õß·¡√‘ÕÕ∑ à«πÀπ÷Ë߉¡à‡æ’¬ß‡ªìπº≈¡“®“°°“√‡æ‘Ë¡¢÷Èπ¢Õß®”π«ππ—°∑àÕ߇∑’ˬ«∑’ˇ¥‘π∑“ß¡“∑àÕ߇∑’ˬ«°√ÿ߇∑æœ æ—∑¬“ ·≈–À—«À‘π ·µà¬—ß· ¥ß„Àâ‡ÀÁπ∂÷ߧ«“¡æ¬“¬“¡Õ¬à“ßµàÕ‡π◊ËÕß∑’Ë®–∑”°“√µ≈“¥·≈–ª√–™“ —¡æ—π∏å™◊ËÕ‡ ’¬ß¢Õß‚√ß·√¡„À⇪ìπ∑’Ë√Ÿâ®—°‡æ◊ËÕ √â“ߺ≈µÕ∫·∑π∑’Ë Ÿß ÿ¥„Àâ°—∫∫√‘…—∑œ ¥â«¬

¡‘µ√¿“æ∑“ß∏ÿ√°‘®√–À«à“ß∫√‘…—∑œ ·≈–‡§√◊Õ·¡√‘ÕÕ∑‰¥â¢¬“¬‰ªÕ’°¢—ÈπÀπ÷Ëß ‡¡◊ËÕ·¡√‘ÕÕ∑‰¥â¬‘π¥’„Àâ∫√‘…—∑œ ‡¢â“´◊ÈÕ°‘®°“√‚√ß·√¡‡® ¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ ¢π“¥ 265 ÀâÕß ·≈–‡æ‘Ë¡ —¥ à«π„π°“√≈ß∑ÿπ‡ªìπ√âÕ¬≈– 50 „π·¡√‘ÕÕ∑ «“‡§™—Ëπ «‘≈≈à“ ´÷Ë߇ªìπ‚§√ß°“√ªíπ à«π‡«≈“‚§√ß°“√‡¥’¬«„π¿Ÿ¡‘¿“§‡Õ‡™’¬ ·¡â«à“‚√ß·√¡À≈“¬·Ààß„π‡°“–¿Ÿ‡°Áµ®–ª√– ∫ªí≠À“Õ—µ√“°“√‡¢â“æ—°·≈–√“¬‰¥â∑’Ë≈¥µË”≈ß¿“¬À≈—ß®“°¡À—πµ¿—¬ ÷π“¡‘ ·µà‚√ß·√¡‡®¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ √’ Õ√å∑ ·Õπ¥å ª“ °Á¬—ߧߡ’º≈°“√¥”‡π‘πß“π„π√–¥—∫∑’Ë¥’ ‚¥¬¡’√“¬‰¥â‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 1 πÕ°®“°π’È„πªï 2548 °Á‰¥â‡æ‘Ë¡ —¥ à«π°“√≈ß∑ÿπ„π‚§√ß°“√ªíπ à«π‡«≈“

Page 139: Annual Report 2005 EN

137√“¬ß“πª√–®”ªï 2548

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·ºπ°“√æ—≤𓂧√ß°“√„À¡à Ê„π¢≥–∑’˪ï 2548 ‡ªìπªï∑’Ë∏ÿ√°‘®‚√ß·√¡‰¥â √â“ß√“¬‰¥â·≈–º≈°”‰√‡æ‘Ë¡¢÷ÈπÕ¬à“ß¡’π—¬ ”§—≠®“°°“√≈ß∑ÿπ„πªï 2547 ∑’ˇ√‘Ë¡ àߺ≈∫√‘…—∑œ °Á¬—ߧߡÿàß¡—Ëπ∑’Ë®–æ—≤π“·≈–°àÕ √â“ß‚√ß·√¡Õ’° 5 ·Ààß„πªï 2548 ´÷Ëß√«¡∂÷ß‚√ß·√¡ 3 ·Ààß∑’Ë¡—≈¥’ø å 1 ·Ààß∑’Ë®—ßÀ«—¥‡™’¬ß√“¬ ·≈–Õ’° 1 ·Ààß∑’ˇ°“– ¡ÿ¬ ‡æ◊ËÕ √â“ß√“¬‰¥â·≈–º≈°”‰√∑’˵àÕ‡π◊ËÕß„πªï 2549 ·≈– 2550

„πª√–‡∑»¡—≈¥’ø å ∫√‘…—∑œ ‰¥â√à«¡°—∫ºŸâ√à«¡∑ÿπ™“«¡—≈¥’ø å∑”°“√°àÕ √â“ß√’ Õ√å∑ 3 ·Ààß „πªï 2548 ‚¥¬„π‡¥◊Õπ∏—𫓧¡2548 ‰¥â‡ªî¥„Àâ∫√‘°“√√’ Õ√å∑¢π“¥ 50 ÀâÕß ¿“¬„µâ™◊ËÕ ç‚∫¥ŸŒŸ√“√’ Õ√å∑é ·≈–‰¥â°”Àπ¥∑’Ë®–‡ªî¥∑’ˇÀ≈◊ÕÕ’° 2 ·Ààß ÷Ëß¡’À—Õßæ—°√«¡130 ÀâÕß„π‰µ√¡“ ∑’Ë ÕߢÕߪï 2549 ‚¥¬Àπ÷Ëß„ππ—Èπ®–‡ªìπ√’ Õ√å∑¢π“¥ 110 ÀâÕß¿“¬„µâ‡§√◊ËÕßÀ¡“¬°“√§â“ çÕπ—πµ√“é ¢Õß∫√‘…—∑œ ‡Õß °“√¢¬“¬µ—«‰ª Ÿà¡—≈¥’ø å°Á‰¥â· ¥ß„Àâ‡ÀÁπ∂÷ß°“√°â“«‡¢â“ Ÿàµ≈“¥·Ààß„À¡à´÷Ë߇ªìπµ≈“¥µà“ߪ√–‡∑» πÕ°‡Àπ◊Õ®“°°“√∑”∏ÿ√°‘®„πª√–‡∑»‰∑¬

∑’Ë®—ßÀ«—¥‡™’¬ß√“¬ ∫√‘…—∑œ ‰¥âæ—≤π“·≈–°àÕ √â“ß‚√ß·√¡‚ø ’ —Ëπ 凵Áπ∑å·§¡ªá ª√–°Õ∫¥â«¬ÀâÕßæ—°„π≈—°…≥–«‘≈≈à“®”π«π‡æ’¬ß15 À≈—ß ‡√‘Ë¡‡ªî¥„Àâ∫√‘°“√„π‡¥◊Õπ¡°√“§¡ 2549 ‚√ß·√¡¥—ß°≈à“«‡ªìπ‚√ß·√¡∑’Ë¡’‡Õ°≈—°…≥凩擖µ—«∑’Ë¡’§«“¡À√ŸÀ√“ µ—ÈßÕ¬Ÿà∑’Ë®—ßÀ«—¥‡™’¬ß√“¬∫√‘‡«≥ “¡‡À≈’ˬ¡∑Õߧ”√‘¡Ωíòß·¡àπÈ”‚¢ß ‡¢µ™“¬·¥πª√–‡∑»‰∑¬ ≈“« ·≈–æ¡à“ ¡“∫√√®∫°—π √’ Õ√å∑·Ààßπ’È®– √â“ߪ√– ∫°“√≥å∑’Ë·ª≈°„À¡à·≈–‰¡à¡’∑’Ë„¥‡ ¡Õ‡À¡◊Õπ„Àâ°—∫

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∑’ˇ°“– ¡ÿ¬ ∫√‘…—∑œ ‰¥â°àÕ √â“ß‚√ß·√¡¢π“¥ 60 ÀâÕßæ—° ·≈–«‘≈≈à“Õ’° 15 À≈—ß„πªï 2548 ·≈–§“¥«à“®–·≈⫇ √Á®·≈–‡ªî¥„Àâ∫√‘°“√‰¥â„πªï 2549 ´÷Ëß®–™à«¬µÕ∫ πÕߧ«“¡µâÕß°“√‚√ß·√¡√–¥—∫À√Ÿ¢Õß ¡ÿ¬‰¥â‡ªìπÕ¬à“ߥ’ ‚¥¬∫√‘…—∑œ ‡ªìπ‡®â“¢Õß°√√¡ ‘∑∏‘Ï‚√ß·√¡ à«π«‘≈≈à“π—Èπ¡’‡æ◊ËÕ¢“¬„π√Ÿª¢Õß∑’Ëæ—°Õ“»—¬„Àâ°—∫≈Ÿ°§â“ºŸâ π„®‡√‘Ë¡µ—Èß·µàµâπªï 2549 °“√æ—≤π“°àÕ √â“ß«‘≈≈à“√à«¡°—∫‚√ß·√¡‡ªìπ·π«∑“ß°“√µ≈“¥´÷Ëß∫√‘…—∑œ ‡§¬„™â¡“·≈â«°—∫‚√ß·√¡‚ø√å ’ —Ëπ å ‡™’¬ß„À¡à ·≈– ‚√ß·√¡ ‡® ¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ√’ Õ√å∑ ·Õπ¥å ª“

πÕ°®“°π’È „πªï 2548 ·≈– 2549 ∫√‘…—∑œ °Á‰¥âæ‘®“√≥“·π«∑“ß°“√æ—≤𓂧√ß°“√„À¡àÊ Õ’°À≈“¬‚§√ß°“√ ‚¥¬„π‡¥◊Õπ∏—𫓧¡2548 ∫√‘…—∑œ ‰¥â®—¥´◊ÈÕ∑’Ë¥‘π¢π“¥ 66 ‰√à ∑’ËÕ¬Ÿàµ‘¥°—∫‚√ß·√¡‡® ¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ √’ Õ√å∑ ·Õπ¥å ª“ ·≈–‚§√ß°“√ªíπ à«π‡«≈“ ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ ‚¥¬¡’·ºπ∑’Ë®–°àÕ √â“ß √’ Õ√å∑ ¢π“¥ 88ÀâÕß ÷Ë߇ªìπ·∫∫«‘≈≈à“·∫∫¡’ √–«à“¬πÈ”„πµ—« ·≈–ÀâÕßæ—°·∫∫ªíπ à«π‡«≈“Õ’° 133 ÀâÕß ¿“¬„πªï 2550 √«¡∑—È߉¥â ‘∑∏‘„π°“√‡™à“∑’Ë¥‘π„π°√ÿ߇∑æœ „π∫√‘‡«≥∑’ËÕ¬Ÿàµ‘¥°—∫‚√ß·√¡‚ø√å ’ —Ëπ å °√ÿ߇∑æœ ‡æ◊ËÕ∑’Ë®–æ—≤π“„™âª√–‚¬™πå√à«¡√–À«à“ß‚√ß·√¡ ‡´Õ√å«‘ Õæ“√å∑‡¡πµå·≈–Õ“§“√∑’Ëæ—°Õ“»—¬µàÕ‰ª

·ºπ°“√æ—≤π“‚√ß·√¡√–À«à“ߪï 2545 - 25502545 2546 2547 2548 2549 2550

°√ÿ߇∑æœ ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ 413 413 413 413 413 413 æ—∑¬“ ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ 290 290 290 293 293 293 À—«À‘π ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ 216 216 216 216 216 230 ‡® ¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ √’ Õ√å∑ ·Õπ¥å ª“ 265 265 265 259 259 259 Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ À—«À‘π 198 187 187 187 187 187 Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ ‚°≈‡¥âπ ‰∑√·Õ߇°‘È≈ 110 90 90 77 77 77 Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ ¡ÿ¬ - - 106 106 106 120 ‚ø√å ’ —Ëπ å √’ Õ√å∑ ‡™’¬ß„À¡à 80 80 80 80 80 80 ‚ø√å ’ —Ëπ å °√ÿ߇∑æœ 356 356 356 340 340 340 ‚ø√å ’ —Ëπ å ‡µÁπ·§¡ªá - - - 15 15 15 ‚ø√å ’ —Ëπ å √’ Õ√å∑ ‡°“– ¡ÿ¬ - - - - 60 60 √«¡®”π«πÀâÕß∑’Ë≈ß∑ÿπ‚¥¬∫√‘…—∑‡Õß 1,928 1,897 2,003 1,986 2,046 2,074

·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ ∫’™ §≈—∫ 60 60 60 144 144 277 ‚∫¥ŸŒŸ√“ ¡—≈¥’ø å - - - 50 50 50 π“≈“¥Ÿ √’ Õ√å∑ ¡—≈¥’ø å 20 20 Õπ—πµ√“ øŸ™‘ ¡—≈¥’ø å - - - - 110 110 ‚√ß·√¡™—Èππ”∫π‡°“–¿Ÿ‡°Áµ 88 √«¡®”π«πÀâÕß∑’Ë≈ß∑ÿπºà“π°“√√à«¡∑ÿπ 60 60 60 194 324 545

√Õ¬—≈°“√凥âπ Œ“√å‡∫Õ√å«‘«* 127 127 127 122 122 122 ∫“À≈’ §≈‘ø∑å ·Õπ¥å Õπ—πµ√“ ª“* 176 176 ‚√ß·√¡™—Èππ”„πª√–‡∑»¥Ÿ‰∫ I* 279 ‚√ß·√¡™—Èππ”„πª√–‡∑»¥Ÿ‰∫ II* 198 ‚√ß·√¡™—Èππ”„π‡™’¬ß„À¡à* 119 √«¡®”π«πÀâÕß∑’Ë∫√‘…—∑√—∫∫√‘À“√®—¥°“√ 127 127 127 122 298 894

√«¡®”π«πÀâÕß 2,115 2,084 2,190 2,302 2,668 3,513

* ‚√ß·√¡¿“¬„µâ —≠≠“∫√‘À“√®—¥°“√

Page 140: Annual Report 2005 EN

138 √“¬ß“πª√–®”ªï 2548

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„πªï 2548 ‡ªìπªï∑’Ë∏ÿ√°‘®Õ“À“√«à“߇µ‘∫‚µÕ¬à“ß¡“° ∑—Èß„πª√–‡¿∑‰Õ»§√’¡ °“·ø ·≈–‚¥π—∑ √â“πÕ“À“√¿“¬„µâ‡§√◊ËÕßÀ¡“¬°“√§â“ ‡«π‡´àπ å ·≈–‰Õ»§√’¡·¥√’˧«’πµà“ß¡’√“¬‰¥â Ÿß¢÷Èπ√âÕ¬≈– 14 ·≈–√âÕ¬≈– 10 µ“¡≈”¥—∫ ·µà à«π·∫àßµ≈“¥Õ“À“√„πª√–‡¿∑¢ÕßÕ“À“√®“π¥à«π∑’Ë∑”®“°‰°à≈¥≈ß®“° √âÕ¬≈– 38 ‡À≈◊Õ√âÕ¬≈– 34 ·≈–§ßÕ¬Ÿà„π√–¥—∫√âÕ¬≈– 33‡π◊ËÕß®“°º≈°√–∑∫®“°‚√§‰¢âÀ«—¥π°„πªï 2547 „π¢≥–∑’Ëæ‘´´à“ “¡“√∂√—°…“µ”·ÀπàߺŸâπ”µ≈“¥µ”·Àπàß∑’Ë Õß ¥â«¬ à«π·∫àß∑“ß°“√µ≈“¥√âÕ¬≈– 20

„πªï 2549 ∫√‘…—∑œ §“¥«à“°“√‡µ‘∫‚µ¢Õß∏ÿ√°‘®Õ“À“√®–Õ¬Ÿà√–À«à“ß√âÕ¬≈– 8-10 ´÷Ëß®–µË”°«à“°“√‡µ‘∫‚µ„πªï 2548 ‡≈Á°πâÕ¬·≈–§“¥«à“°“√‡µ‘∫‚µ¢Õ߬ե¢“¬®“°√â“π “¢“‡¥‘¡®–Õ¬Ÿà„π√–¥—∫‡¥’¬«°—∫ªï 2548 „π¢≥–∑’Ë°“√‡æ‘Ë¡®”π«π√â“π “¢“Õ“®‰¡à¡“°‡∑à“ ºŸâº≈‘µ·≈–®”Àπà“¬Õ“À“√¢π“¥„À≠à®–‡º™‘≠°—∫§«“¡∑â“∑“¬®“°§«“¡µâÕß°“√¢ÕߺŸâ∫√‘‚¿§∑’Ë√–¡—¥√–«—ß„π°“√„™â®à“¬¡“°¢÷Èπ ‚¥¬§“¥«à“‰Õ»§√’¡æ√’‡¡’ˬ¡ µ≈Õ¥®πæ‘´´à“æ√’‡¡’ˬ¡®–ª√– ∫§«“¡ ”‡√Á®„π°≈ÿࡺŸâ∫√‘‚¿§‡©æ“–°≈ÿࡇ∑à“π—Èπ Õ¬à“߉√°Áµ“¡ °≈ÿࡺŸâ∫√‘‚¿§¥—ß°≈à“«°Á‡ªìπ°≈ÿà¡∑’Ë°”≈—ߢ¬“¬µ—«‡π◊ËÕß®“°°“√¡’√“¬‰¥â¡“°¢÷Èπ·≈–·π«§‘¥°“√„™â™’«‘µ∑’ËÀ√ŸÀ√“¢÷Èπ

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‡≈Õ·®ä ªí°°‘Ëß ÷Ë߇ªìπ‡®â“¢Õß√â“πÕ“À“√„π°√ÿßªí°°‘Ëß ‚¥¬‡ªìπ∏ÿ√°‘®∑’ËÕ¬Ÿà¿“¬„µâ∏ÿ√°‘®≈ß∑ÿπ¢Õß°≈ÿà¡ AIG ®“°ª√–‡∑» À√—∞Õ‡¡√‘°“ „πªï 2548 ‡≈Õ·®ä ªí°°‘Ë߉¥â‡ªî¥√â“πæ‘´´à“®”π«π 5 “¢“·≈– ‘ å‡≈àÕ√å ®”π«π 4 “¢“„π°√ÿßªí°°‘ËßµàÕ¡“„π™à«ßª≈“¬ªï 2548 ∫√‘…—∑œ ‰¥â∫√√®ÿ¢âÕµ°≈ß√à«¡°—∫AIG ∑’Ë®– ◊ÈÕ°‘®°“√‡≈Õ·®ä ªí°°‘Ëß®“° AIG ∑—ÈßÀ¡¥¥â«¬‡ß‘π≈ß∑ÿπ US$ 770,000 ‚¥¬‰¥â¡’°“√≈ßπ“¡„π —≠≠“ ◊ÈÕ¢“¬„π‡¥◊Õπ°ÿ¡¿“æ—π∏å 2549 ∑”„Àâ∫√‘…—∑œ ‡ªìπ‡®â“¢Õß°‘®°“√‚¥¬ ¡∫Ÿ√≥å·≈–µ—È߇ªÑ“∑’Ë®–„™â‡ªìπ∞“π°“√¢¬“¬∏ÿ√°‘®µàÕ‰ª„πª√–‡∑»®’π

µ“√“߇ª√’¬∫‡∑’¬∫ à«π·∫àßµ≈“¥¢Õß∏ÿ√°‘®√â“πÕ“À“√∫√‘°“√¥à«π ‰µ≈åµ–«—πµ°„πª√–‡∑»‰∑¬2546 2547 2548 F

(√“¬‰¥â (æ—π∫“∑) √“¬‰¥â √âÕ¬≈– √“¬‰¥â √âÕ¬≈– √“¬‰¥â √âÕ¬≈–‰°à 5,588,671 37.2% 5,701,130 33.8% 6,125,716 32.8%·Œ¡‡∫Õ√凰Õ√å 2,301,442 15.3% 2,518,910 14.9% 2,696,903 14.5%æ‘´´à“ 2,692,365 17.9% 3,305,640 19.6% 3,703,428 19.8%‰Õ»§√’¡ 1,591,806 10.6% 1,866,147 11.1% 2,230,100 12.0%Õ◊ËπÊ (√«¡´‘´´å‡≈àÕ√å) 2,837,357 18.9% 3,489,783 20.7% 3,904,927 20.9%µ≈“¥√«¡ 15,011,641 100.0% 16,881,610 100.0% 18,661,074 100.0%∫¡®. ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª 3,981,770 26.5% 5,094,400 30.2% 5,840,600 31.3%

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140 √“¬ß“πª√–®”ªï 2548

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141√“¬ß“πª√–®”ªï 2548

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„π‡¡◊ÕßÕ◊Ëπ Ê „πª√–‡∑»®’πµàÕ‰ª„πªï 2550·¥√’˧«’π·≈–‡∫Õ√凰Õ√å§‘ßªí®®ÿ∫—π‡ªìπ√â“π∑’ˇªî¥¥”‡π‘π°“√„πª√–‡∑»‰∑¬‡æ’¬ßÕ¬à“߇¥’¬« ¡’Õ—µ√“°“√‡®√‘≠‡µ‘∫‚µ®“°√â“π “¢“∑’Ë¡’Õ¬Ÿà‡¥‘¡√âÕ¬≈– 2·≈–√âÕ¬≈– 10 µ“¡≈”¥—∫ ‚¥¬¡’√“¬‰¥â√«¡°—π 814 ≈â“π∫“∑„πªï 2548 À√◊Õ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 8 ‡ª√’¬∫‡∑’¬∫°—∫¬Õ¥¢“¬„πªï2547 ´÷Ëßπ—∫‡ªìπ°“√‡µ‘∫‚µÕ¬à“ß¡’π—¬ ”§—≠ §«“¡ ”‡√Á®¢Õß·¥√’˧«’π·≈–‡∫Õ√凰Õ√姑߉¥â· ¥ß„Àâ‡ÀÁπ∂÷ß°“√„À⧫“¡ ”§—≠°—∫°“√∫√‘À“√‡æ◊ËÕæ—≤π“ª√– ‘∑∏‘¿“æ°“√¥”‡π‘πß“π·≈–°“√‡æ‘Ë¡§«“¡ “¡“√∂„π°“√ √â“ߺ≈°”‰√„Àâ°—∫∏ÿ√°‘®∑’Ë¡’Õ¬Ÿà‡¥‘¡‰ªæ√âÕ¡ Ê °—∫°“√≈ß∑ÿπæ—≤π“·≈–‡ªî¥√â“π “¢“„À¡à Ê ‡æ◊ËÕ √â“ß°“√‡®√‘≠‡µ‘∫‚µ

·ºπß“π„πÕ𓧵„πªï 2549 ∫√‘…—∑œ ¡’‡ªÑ“À¡“¬∑’Ë®–‡æ‘Ë¡®”π«π√â“πÕ“À“√„π‡§√◊Õ¢à“¬®“° 558 “¢“ ‡ªìπ 663 “¢“ ‚¥¬®”π«π 45 “¢“‡ªìπ√â“π„πª√–‡∑» ·≈–Õ’°®”π«π 60 “¢“ „πµà“ߪ√–‡∑»·≈–¡’·ºπ∑’Ë®–„Àâ®”π«π√â“π∑’ˇªî¥„À¡à∑—Èß ‘Èπ 105 “¢“π’ȇªìπ√â“π„π√–∫∫·ø√π‰™ åª√–¡“≥√âÕ¬≈– 70 à«π∑’ˇÀ≈◊Õ‡ªìπ°“√≈ß∑ÿπ¥â«¬µπ‡Õß

∫√‘…—∑œ ¡’·ºπß“π∑’Ë®–¢¬“¬°“√≈ß∑ÿπ„π ‡≈Õ ·®ä ªí°°‘ËßµàÕ‰ª‚¥¬®–‡æ‘Ë¡®”π«π√â“π “¢“¢Õß ‡¥Õ– æ‘ à“ §Õ¡ª–π’·≈– ‘ å‡≈àÕ√å ®“° 9 “¢“‡ªìπ 20 “¢“ ¿“¬„πªï 2549 ÷Ëß®–∑”„Àâ®”π«π√â“πÕ“À“√ “¢“„πª√–‡∑»®’π √«¡∑—Èß√â“πÕ“À“√

∑’ˇªî¥¥”‡π‘π°“√„π™◊ËÕ ‡≈Õ·®ä ‡æ‘Ë¡¢÷Èπ‡ªìπ°«à“ 37 “¢“„π°√ÿßªí°°‘Ëß ¿“¬„πªï 2549 ´÷Ëß®–™à«¬„Àâ°“√¥”‡π‘πß“π¡’¢π“¥„À≠à∑’Ë®–™à«¬‡æ‘Ë¡Õ—µ√“°”‰√µàÕÀπ૬·≈–ª√– ∫§«“¡ ”‡√Á®„π°“√ √â“ß™◊ËÕ‡ ’¬ß„À⇪ìπ∑’Ë√Ÿâ®—°æ√âÕ¡∑’Ë®–¢¬“¬∏ÿ√°‘®‰ª¬—߇¡◊ÕßÕ◊ËπÊ „πª√–‡∑»®’πµàÕ‰ª

∫√‘…—∑œ ¬—ߧߡÿàß¡—Ëπ∑’Ë®–®—¥®”Àπà“¬≈‘¢ ‘∑∏‘Ï·ø√π‰™ å ‡¥Õ–æ‘´´à“ §Õ¡ª–π’ ·≈– ‡«π‡´àπ åµàÕ‰ª ‚¥¬®–„Àâ°“√ π—∫ πÿπºŸâ◊ÈÕ≈‘¢ ‘∑∏‘Ï·ø√π‰™ å∑’Ë¡’Õ¬Ÿà‡¥‘¡„π°“√æ—≤π“·≈–¢¬“¬‡§√◊Õ¢à“¬

√â“πÕ“À“√„π√–∫∫·ø√π‰™ å ·≈–„πªï 2549 §“¥«à“ºŸâ´◊ÈÕ·ø√π‰™ å∑’Ë¡’Õ¬Ÿàªí®®ÿ∫—π®–‡ªî¥√â“π ‡¥Õ– æ‘ à“ §Õ¡ª–π’‡æ‘Ë¡¢÷ÈπÕ’°®”π«π 38 “¢“ „π 12 ª√–‡∑»∑—Ë«‚≈°

¢≥–‡¥’¬«°—π∫√‘…—∑œ °Á¬—ß· «ßÀ“‚Õ°“ „π°“√æ—≤π“ —¡æ—π∏¿“æ∑“ß∏ÿ√°‘®°—∫ºŸâª√–°Õ∫°“√∏ÿ√°‘®Õ“À“√√“¬„À¡àÊ ·≈–„πª√–‡∑»∑’Ë∫√‘…—∑œ ¬—ß¡‘‰¥â≈ß∑ÿπ¡“°àÕπ ‚¥¬„πªï 2549 ∫√‘…—∑œ ¡’‡ªÑ“À¡“¬∑’Ë®–· «ßÀ“ºŸâ π„®≈ß∑ÿπ√â“πÕ“À“√„π√–∫∫·ø√π‰™ åπÕ°®“°°√ÿßªí°°‘Ëß„πª√–‡∑»®’π ·≈–ª√–‡∑»Õ◊Ëπ Ê Õ“∑‘ Õ‘π‡¥’¬ Õ‘À√à“πÕ’¬‘ªµå ‡≈∫“ÀåπÕπ ·≈–ª“°’ ∂“π

πÕ°®“°π’È∫√‘…—∑œ ®–· «ßÀ“‚Õ°“ „π°“√≈ß∑ÿπ„À¡à Ê „π√â“πÕ“À“√´÷Ë߇ªìπ√â“π‰Õ»§√’¡ §“‡øÉ √â“πÕ“À“√¢∫‡§’Ȭ« °“·ø·≈–Õ“À“√«à“ß ÷Ëß¡’‚Õ°“ ∑“ß∏ÿ√°‘®∑—Èß„πª√–‡∑»‰∑¬·≈–µà“ߪ√–‡∑» Õ“∑‘ ®’π Õ‘π‡¥’¬ ·≈–µ–«—πÕÕ°°≈“ß

µ“√“ß· ¥ß°“√¢¬“¬ “¢“¢Õß√â“πÕ“À“√„π°≈ÿà¡∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π)‡ªî¥„ππ“¡∫√‘…—∑‡Õß 2546 2547 2548 2549 (ª√–¡“≥°“√) 2550 (ª√–¡“≥°“√)‡¥Õ– æ‘´´à“ §Õ¡ª–π’ - „πª√–‡∑» 114 115 122 126 137‡¥Õ– æ‘´´à“ §Õ¡ª–π’ - ®’π 0 0 5 12 22 ‡«π‡´àπ å 97 100 105 109 114´‘´´å‡≈àÕ√å - „πª√–‡∑» 22 24 27 31 35´‘´´å‡≈àÕ√å - ®’π 0 0 4 8 11·¥√’˧«’π 142 169 176 176 181‡∫Õ√凰Õ√å§‘ß 17 16 16 17 20Õ◊ËπÊ 16 19 19 19 19‡≈Õ ·®ä 0 8 8 17 22√«¡√â“π∑’ˇªî¥„ππ“¡∫√‘…—∑‡Õß 408 451 482 515 561

·ø√π‰™ å 2546 2547 2548 2549 (ª√–¡“≥°“√) 2550 (ª√–¡“≥°“√)‡¥Õ– æ‘´´à“ §Õ¡ª–π’ - „πª√–‡∑» 13 21 28 42 51‡¥Õ– æ‘´´à“ §Õ¡ª–π’ - µà“ߪ√–‡∑» 1 3 11 39 82√«¡ - ‡¥Õ– æ‘´´à“ §Õ¡ª–π’ 14 24 39 81 133 ‡«π‡´àπ å - „πª√–‡∑» 0 12 29 47 57 ‡«π‡´àπ å - µà“ߪ√–‡∑» 0 4 8 18 32√«¡ - ‡«π‡´àπ å 0 16 37 65 89´‘´´å‡≈àÕ√å - µà“ߪ√–‡∑» 0 0 0 0 5√«¡ - ´‘´´å‡≈àÕ√å 0 0 0 0 5‡≈Õ ·®ä 0 0 0 2 2√«¡·ø√π‰™ å 14 40 76 148 229

√«¡ 422 491 558 663 790

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142 √“¬ß“πª√–®”ªï 2548

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¿“¬À≈—ß®“°°“√‡°‘¥‡Àµÿ°“√≥å∏√≥’æ‘∫—µ‘¿—¬ ç ÷π“¡‘é ¢÷Èπ∑’Ë¿“§„µâ¢Õߪ√–‡∑»‰∑¬‡¡◊ËÕ«—π∑’Ë 26 ∏—𫓧¡ 2548 ∫√‘…—∑œ ®÷߉¥â√à«¡°—∫∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π) (MINOR)®—¥µ—Èß°Õß∑ÿπøóôπøŸºŸâª√– ∫¿—¬ ÷π“¡‘ ¥â«¬§«“¡ª√“√∂π“∑’Ë®–™à«¬øóôπøŸ™’«‘µ §√Õ∫§√—« ¿“槫“¡‡ªìπÕ¬Ÿà ·≈–°“√¥”√ß™’«‘µ¢ÕߺŸâª√– ∫¿—¬ ‚¥¬‰¥â à߇ √‘¡„Àâæπ—°ß“π·≈–·¢°ºŸâ¡“æ—°„π‚√ß·√¡¢Õß∫√‘…—∑œ ‰¥â¡’ à«π™à«¬°—π∫√‘®“§‡ß‘π‡æ◊ËÕ π—∫ πÿπ°“√®—¥µ—Èß°Õß∑ÿπ‚¥¬∫√‘…—∑œ À√◊Õ MINOR ®–∫√‘®“§ ¡∑∫∑ÿπ„π®”π«π∑’ˇ∑à“°—π

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Page 147: Annual Report 2005 EN

145√“¬ß“πª√–®”ªï 2548

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‘π∑√—æ¬å‰¡àÀ¡ÿπ‡«’¬π‡ß‘π®à“¬≈à«ßÀπⓧà“Àÿâπ„π∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 2,465,100 2,933,145 - -‡ß‘π„Àâ°Ÿâ¬◊¡√–¬–¬“«·°à∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 11 376,248,541 191,977,882 2,689,398,517 1,876,753,255‡ß‘π≈ß∑ÿπ ÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ 9 301,954,123 126,911,919 8,088,929,262 6,742,632,392‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ëπ - ÿ∑∏‘ 10 295,791,554 188,531,792 40,857,300 21,250,910∑’Ë¥‘π·≈–‚§√ß°“√√–À«à“ß°“√æ—≤π“ 12 858,963,315 170,562,243 - -∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å - ÿ∑∏‘ 13 10,222,963,360 10,127,655,419 474,115,847 490,488,726 ‘π∑√—æ¬å‰¡à¡’µ—«µπ - ÿ∑∏‘ 14 1,263,610,758 1,124,745,175 - - ‘π∑√—æ¬å‰¡àÀ¡ÿπ‡«’¬πÕ◊Ëπ 15 329,632,480 295,528,388 23,379,988 27,258,055√«¡ ‘π∑√—æ¬å‰¡àÀ¡ÿπ‡«’¬π 13,651,629,231 12,228,845,963 11,316,680,914 9,158,383,338

√«¡ ‘π∑√—æ¬å 15,445,139,704 14,080,145,686 11,482,843,947 9,313,591,336

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Àπ’È ‘π·≈– à«π¢ÕߺŸâ∂◊ÕÀÿâπÀπ’È ‘πÀ¡ÿπ‡«’¬π‡ß‘π‡∫‘°‡°‘π∫—≠™’∏𓧓√·≈–‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ®“°

∂“∫—π°“√‡ß‘π 16 768,582,602 440,409,295 654,792,032 434,630,461‡®â“Àπ’È°“√§â“ 638,220,339 520,816,291 10,473,266 13,747,310‡ß‘π°Ÿâ¬◊¡√–¬–¬“« à«π∑’Ë∂÷ß°”Àπ¥™”√–¿“¬„πÀπ÷Ëߪï 18 482,900,000 263,250,000 54,040,000 -Àπ’È ‘πµ“¡ —≠≠“‡™à“°“√‡ß‘π à«π∑’Ë

∂÷ß°”Àπ¥™”√–¿“¬„πÀπ÷Ëߪï 19 22,381,638 14,888,590 - -√“¬‰¥â√—∫≈à«ßÀπâ“∑’Ë∂÷ß°”Àπ¥√—∫√Ÿâ¿“¬„πÀπ÷Ëߪï 22,442,387 23,793,923 - -Àÿâπ°Ÿâ à«π∑’Ë∂÷ß°”Àπ¥™”√–¿“¬„πÀπ÷Ëߪï 20 212,500,000 212,500,000 212,500,000 212,500,000‡®â“Àπ’È·≈–‡ß‘π∑¥√Õß®“°∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 11 4,104,205 5,714,139 12,501,506 5,051,553‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ®“°∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 11 - - 1,012,043,898 847,924,260¿“…’‡ß‘π‰¥â§â“ß®à“¬ 167,331,505 138,015,315 465,463 3,540§à“„™â®à“¬§â“ß®à“¬ 619,499,437 472,326,297 115,667,596 74,112,206Àπ’È ‘πÀ¡ÿπ‡«’¬πÕ◊Ëπ 17 549,647,737 543,919,142 33,683,748 29,264,885√«¡Àπ’È ‘πÀ¡ÿπ‡«’¬π 3,487,609,850 2,635,632,992 2,106,167,509 1,617,234,215

Àπ’È ‘π‰¡àÀ¡ÿπ‡«’¬π‡ß‘π°Ÿâ¬◊¡√–¬–¬“« 18 2,143,198,601 2,765,349,139 292,000,000 469,440,000Àπ’È ‘πµ“¡ —≠≠“‡™à“°“√‡ß‘π - ÿ∑∏‘ 19 4,073,490 35,875,824 - -Àÿâπ°Ÿâ 20 3,556,250,000 2,668,750,000 3,556,250,000 2,668,750,000 à«π‰¥â‡ ’¬∑’ˇ°‘π‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ 9 - - 82,351,223 37,654,392Àπ’È ‘π‰¡àÀ¡ÿπ‡«’¬πÕ◊Ëπ 23 315,457,066 318,933,893 6,714,546 6,874,387√«¡Àπ’È ‘π‰¡àÀ¡ÿπ‡«’¬π 6,018,979,157 5,788,908,856 3,937,315,769 3,182,718,779

√«¡Àπ’È ‘π 9,506,589,007 8,424,541,848 6,043,483,278 4,799,952,994

ß∫¥ÿ≈≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

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148 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

ß∫¥ÿ≈≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑„πÀπâ“ 156 ∂÷ß 204 ‡ªìπ à«πÀπ÷ËߢÕßß∫°“√‡ß‘ππ’È

Àπ’È ‘π·≈– à«π¢ÕߺŸâ∂◊ÕÀÿâπ (µàÕ)ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547À¡“¬‡Àµÿ ∫“∑ ∫“∑ ∫“∑ ∫“∑

à«π¢ÕߺŸâ∂◊ÕÀÿâπ∑ÿπ‡√◊ÕπÀÿâπ 21

∑ÿπ®¥∑–‡∫’¬πÀÿâπ∫ÿ√‘¡ ‘∑∏‘ 200,000,000 200,000,000 200,000,000 200,000,000Àÿâπ “¡—≠ 3,097,854,371 2,443,144,835 3,097,854,371 2,443,144,835

∑ÿπ∑’ËÕÕ°·≈–™”√–·≈â«Àÿâπ∫ÿ√‘¡ ‘∑∏‘ 63,520,000 63,520,000 63,520,000 63,520,000Àÿâπ “¡—≠ 2,670,136,269 2,413,257,641 2,670,136,269 2,413,257,641

à«π‡°‘π¡Ÿ≈§à“Àÿâπ 21Àÿâπ∫ÿ√‘¡ ‘∑∏‘ 181,981,000 181,981,000 181,981,000 181,981,000Àÿâπ “¡—≠ 333,929,511 305,231,152 327,988,257 299,289,898

Àÿâπ “¡—≠ ◊ÈÕ§◊π (179,600,700) (164,437,264) (15,163,436) -„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ - 19,711,121 - -„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’ËÕÕ°

‚¥¬∫√‘…—∑¬àÕ¬∑’ËÀ¡¥Õ“¬ÿ·≈â« 22.3.1 104,788,723 104,788,723 104,788,723 104,788,723 à«π‡°‘π∑ÿπ®“°°“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ 155,746,107 57,834,482 155,746,107 57,834,482 à«πª√—∫ª√ÿß®“°°“√·ª≈ߧà“ß∫°“√‡ß‘π

∑’ˇªìπ‡ß‘πµ√“µà“ߪ√–‡∑» 24,534,751 6,134,560 24,534,751 6,134,560

°”‰√ – ¡®—¥ √√·≈â« - ”√Õßµ“¡°ÆÀ¡“¬ 24 167,829,113 79,178,505 167,829,113 79,178,505¬—߉¡à‰¥â®—¥ √√ 1,757,999,885 1,307,653,533 1,757,999,885 1,307,653,533

√«¡ à«π¢ÕߺŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑„À≠à 5,280,864,659 4,374,853,453 5,439,360,669 4,513,638,342 à«π¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬ 657,686,038 1,280,750,385 - -√«¡ à«π¢ÕߺŸâ∂◊ÕÀÿâπ 5,938,550,697 5,655,603,838 5,439,360,669 4,513,638,342

√«¡Àπ’È ‘π·≈– à«π¢ÕߺŸâ∂◊ÕÀÿâπ 15,445,139,704 14,080,145,686 11,482,843,947 9,313,591,336

Page 151: Annual Report 2005 EN

149√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

ß∫°”‰√¢“¥∑ÿπ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑„πÀπâ“ 156 ∂÷ß 204 ‡ªìπ à«πÀπ÷ËߢÕßß∫°“√‡ß‘ππ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

À¡“¬‡Àµÿ ∫“∑ ∫“∑ ∫“∑ ∫“∑

√“¬‰¥â 11√“¬‰¥â®“°°“√ª√–°Õ∫°‘®°“√‚√ß·√¡ 4,298,154,940 2,783,696,891 438,491,794 390,727,891√“¬‰¥â§à“‡™à“®“°°‘®°“√»Ÿπ¬å°“√§â“·≈–Õ —ßÀ“√‘¡∑√—æ¬å 375,134,391 317,103,595 - -√“¬‰¥â®“°°‘®°“√∫—π‡∑‘ß 87,810,033 52,447,023 - -√“¬‰¥â®“°°‘®°“√ ª“ 316,375,506 296,857,360 - -√“¬‰¥â®“°°“√¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ 4,793,158,281 4,355,208,361 - -√“¬‰¥â®“°°“√®—¥°“√‚√ß·√¡·≈–∏ÿ√°‘®∫—π‡∑‘ß 17,394,778 14,385,307 81,719,438 84,590,412√“¬‰¥â®“°°“√„Àâ ‘∑∏‘Ï·ø√𙓬 å 156,853,728 124,095,826 - -‡ß‘πªíπº≈√—∫ 22,769,944 12,372,396 817,555 1,634,310 à«π·∫àß°”‰√®“°‡ß‘π≈ß∑ÿπµ“¡«‘∏’ à«π‰¥â‡ ’¬ 9 97,434,293 91,556,262 1,108,453,092 743,169,335√“¬‰¥âÕ◊Ëπ 277,758,975 188,982,874 188,810,553 117,861,922√«¡√“¬‰¥â 10,442,844,869 8,236,705,895 1,818,292,432 1,337,983,870

§à“„™â®à“¬ 11µâπ∑ÿπ‚¥¬µ√ߢÕß°‘®°“√‚√ß·√¡ 1,394,824,972 928,425,958 141,434,229 134,473,713µâπ∑ÿπ‚¥¬µ√ߢÕß°‘®°“√„Àâ‡™à“»Ÿπ¬å°“√§â“·≈–Õ —ßÀ“√‘¡∑√—æ¬å 98,061,808 80,867,476 - -µâπ∑ÿπ‚¥¬µ√ߢÕß°‘®°“√∫—π‡∑‘ß 12,778,219 10,416,185 - -µâπ∑ÿπ‚¥¬µ√ߢÕß°‘®°“√ ª“ 143,175,655 120,755,628 - -µâπ∑ÿπ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ 1,693,551,155 1,584,814,860 - -§à“„™â®à“¬„π°“√¢“¬·≈–∫√‘À“√ 4,165,489,751 3,356,007,382 311,011,035 234,242,649§à“‡ ◊ËÕ¡√“§“·≈–§à“µ—¥®”Àπà“¬ 1,153,258,734 919,123,706 56,429,452 50,875,412(°”‰√)¢“¥∑ÿπ®“°Õ—µ√“·≈°‡ª≈’ˬπ (2,490,378) 14,082,820 (1,469,087) 11,466,605 à«π·∫àߢ“¥∑ÿπ®“°‡ß‘π≈ß∑ÿπµ“¡«‘∏’ à«π‰¥â‡ ’¬ 9 24,618,795 8,523,000 26,284,795 65,223,606√«¡§à“„™â®à“¬ 8,683,268,711 7,023,017,015 533,690,424 496,281,985

°”‰√°àÕπÀ—°¥Õ°‡∫’Ȭ®à“¬·≈–¿“…’‡ß‘π‰¥â 25 1,759,576,158 1,213,688,880 1,284,602,008 841,701,885¥Õ°‡∫’Ȭ®à“¬ (279,638,645) (218,389,051) (212,005,063) (119,608,711)¿“…’‡ß‘π‰¥â (356,711,159) (215,734,702) (11,486,647) (10,191,322)°”‰√°àÕπ à«π∑’ˇªìπ¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬ 1,123,226,354 779,565,127 1,061,110,298 711,901,852(°”‰√) à«π∑’ˇªìπ¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬ - ÿ∑∏‘ (62,116,056) (67,663,275) - -°”‰√ ÿ∑∏‘ ”À√—∫ªï 1,061,110,298 711,901,852 1,061,110,298 711,901,852

∫“∑ ∫“∑ ∫“∑ ∫“∑ª√—∫ª√ÿß„À¡à ª√—∫ª√ÿß„À¡à

°”‰√µàÕÀÿâπ 26°”‰√µàÕÀÿâπ¢—Èπæ◊Èπ∞“π 0.42 0.29 0.42 0.29°”‰√µàÕÀÿâπª√—∫≈¥ 0.41 0.29 0.41 0.29

Page 152: Annual Report 2005 EN

150√“¬ß“πª√–®”ªï 2548

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—∑ ‰¡‡π

Õ√å Õ‘π‡µÕ√å‡π

™—Ëπ·π

≈ ®”°—¥ (¡À“™π

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ß∫°“√‡ß‘π√«¡ (∫“∑)„∫ ”§—≠· ¥ß

‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ à«πª√—∫ª√ÿß °”‰√∑ÿπ „∫ ”§—≠· ¥ß ∑’ËÕÕ°‚¥¬ à«π‡°‘π∑ÿπ ®“°°“√ – ¡ à«π¢Õß

∑’ËÕÕ°·≈– à«π‡°‘π Àÿâπ “¡—≠ ‘∑∏‘ ◊ÈÕ ∫√‘…—∑¬àÕ¬ ®“°°“√µ’¡Ÿ≈§à“ ·ª≈ß§à“ ”√Õßµ“¡ ¬—߉¡à‰¥â ºŸâ∂◊ÕÀÿâπÀ¡“¬‡Àµÿ ™”√–·≈â« ¡Ÿ≈§à“Àÿâπ ´◊ÈÕ§◊π Àÿâπ “¡—≠ ∑’ËÀ¡¥Õ“¬ÿ·≈â« ¬ÿµ‘∏√√¡ ß∫°“√‡ß‘π °ÆÀ¡“¬ ®—¥ √√ à«ππâÕ¬ √«¡

¬Õ¥¬°¡“ ≥ «—π∑’Ë 1 ¡°√“§¡ æ.». 2548 2,476,777,641 487,212,152 (164,437,264) 19,711,121 104,788,723 57,834,482 6,134,560 79,178,505 1,307,653,533 1,280,750,385 5,655,603,838Àÿâπ “¡—≠ÕÕ°„À¡à 21 14,390,350 8,987,238 - - - - - - - - 23,377,588„∫ ”§—≠· ¥ß ‘∑∏‘∑’ËÀ¡¥Õ“¬ÿ 21 - 19,711,121 - (19,711,121) - - - - - - -º≈µà“ß®“°°“√·ª≈ߧà“ß∫°“√‡ß‘π - - - - - - 18,400,191 - - - 18,400,191 à«π‡°‘π∑ÿπ®“°°“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ - - - - - 97,911,625 - - - 58,539 97,970,164°”‰√ ÿ∑∏‘ ”À√—∫ªï - - - - - - - - 1,061,110,298 62,116,056 1,123,226,354 ”√Õßµ“¡°ÆÀ¡“¬ 24 - - - - - - - 88,650,608 (88,650,608) - -Àÿâπªíπº≈ 27 242,488,278 - (15,163,436) - - - - - (227,324,842) - -‡ß‘πªíπº≈®à“¬ 27 - - - - - - - - (282,007,019) (25,196,643) (307,203,662)°“√§◊π∑ÿπ - - - - - - - - - (230) (230)ª√—∫ª√ÿ߇π◊ËÕß®“°°“√‡ª≈’ˬπ ∂“π–‡ß‘π≈ß∑ÿπ„π China Food

®“°∫√‘…—∑Õ◊Ëπ‡ªìπ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ 9 °) - - - - - - - - (12,781,477) - (12,781,477)ºŸâ∂◊ÕÀÿâπ à«ππâÕ¬¢Õß China Food ≥ «—π∑’Ë≈ß∑ÿπ‡æ‘Ë¡ - - - - - - - - - 9,684,408 9,684,408ºŸâ∂◊ÕÀÿâπ à«ππâÕ¬„π∫√‘…—∑¬àÕ¬‡æ‘Ë¡¢÷Èπ‡π◊ËÕß®“°

°“√ÕÕ°Àÿâπ “¡—≠‡æ‘Ë¡¢Õß∫√‘…—∑¬àÕ¬ - - - - - - - - - 8,291,672 8,291,672ºŸâ∂◊ÕÀÿâπ à«ππâÕ¬„π∫√‘…—∑¬àÕ¬≈¥≈߇π◊ËÕß®“°

°“√≈ß∑ÿπ‡æ‘Ë¡¢Õß°≈ÿà¡ - - - - - - - - - (678,018,149) (678,018,149)¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 2,733,656,269 515,910,511 (179,600,700) - 104,788,723 155,746,107 24,534,751 167,829,113 1,757,999,885 657,686,038 5,938,550,697

ß∫· ¥ß°“√‡ª≈’ˬπ·ª≈ß„π à«π¢ÕߺŸâ∂◊ÕÀÿâπ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑„πÀπâ“ 156 ∂÷ß 204 ‡ªìπ à«πÀπ÷ËߢÕßß∫°“√‡ß‘ππ’È

Page 153: Annual Report 2005 EN

151√“¬ß“πª√–®”ªï 2548

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ß∫°“√‡ß‘π√«¡ (∫“∑)„∫ ”§—≠· ¥ß „∫ ”§—≠· ¥ß ( à«π‡°‘π) ¡Ÿ≈§à“ à«π

‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ ‘∑∏‘ ◊ÈÕ „∫ ”§—≠ ª√—∫ª√ÿß °”‰√„∫ ”§—≠· ¥ß ∑’ËÕÕ°‚¥¬ Àÿâπ “¡—≠ · ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ à«π‡°‘π∑ÿπ ®“°°“√ – ¡ à«π¢Õß

∑ÿπ∑’ËÕÕ°·≈– à«π‡°‘π Àÿâπ “¡—≠ ‘∑∏‘ ◊ÈÕ ∫√‘…—∑¬àÕ¬ ∑’ËÕÕ°‚¥¬ “¡—≠∑’Ë∂◊Õ‚¥¬ ®“°°“√µ’¡Ÿ≈§à“ ·ª≈ß§à“ ”√Õßµ“¡ ¬—߉¡à‰¥â ºŸâ∂◊ÕÀÿâπÀ¡“¬‡Àµÿ ™”√–·≈â« ¡Ÿ≈§à“Àÿâπ ´◊ÈÕ§◊π Àÿâπ “¡—≠ ∑’ËÀ¡¥Õ“¬ÿ·≈â« ∫√‘…—∑¬àÕ¬- ÿ∑∏‘ °≈ÿà¡∫√‘…—∑ - ÿ∑∏‘ ¬ÿµ‘∏√√¡ ß∫°“√‡ß‘π °ÆÀ¡“¬ ®—¥ √√ à«ππâÕ¬ √«¡

¬Õ¥¬°¡“ ≥ «—π∑’Ë 1 ¡°√“§¡ æ.». 2547 2,293,965,800 387,909,302 (164,437,264) - - 111,484,807 (5,463,104) 24,920,948 2,166,849 59,150,000 844,017,446 688,611,468 4,242,326,252Àÿâπ “¡—≠ÕÕ°„À¡à 21 162,186,841 37,427,850 - - - - - - - - - - 199,614,691Àÿâπ∫ÿ√‘¡ ‘∑∏‘ÕÕ°„À¡à 21 20,625,000 61,875,000 - - - - - - - - - - 82,500,000„∫ ”§—≠· ¥ß ‘∑∏‘∑’ËÀ¡¥Õ“¬ÿ - - - 19,711,121 - - - - - - - - 19,711,121¢“¬/µ—¥®”Àπà“¬„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠

∑’ËÕÕ°‚¥¬∫√‘…—∑¬àÕ¬ - ÿ∑∏‘ - - - - - 15,429,219 (15,145,329) - - - - - 283,890‚Õπ„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’ËÕÕ°‚¥¬

∫√‘…—∑¬àÕ¬ - - - - 104,788,723 (126,914,026) 20,608,433 - - - - 1,516,870 -º≈µà“ß®“°°“√·ª≈ߧà“ß∫°“√‡ß‘π - - - - - - - - 3,967,711 - - (1,057,427) 2,910,284 à«π‡°‘π∑ÿπ®“°°“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ - - - - - - - 32,913,534 - - - (102,861) 32,810,673°”‰√ ÿ∑∏‘ ”À√—∫ªï - - - - - - - - - 711,901,852 67,663,275 779,565,127 ”√Õßµ“¡°ÆÀ¡“¬ 24 - - - - - - - - - 20,028,505 (20,028,505) - -‡ß‘πªíπº≈®à“¬ 27 - - - - - - - - - - (223,893,860) (12,382,315) (236,276,175)ª√—∫ª√ÿ߇π◊ËÕß®“°°“√‡ª≈’ˬπ ∂“π–‡ß‘π≈ß∑ÿπ„π

∫√‘…—∑Õ◊Ëπ‡ªìπ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ 9 ¢) - - - - - - - - - - (4,343,400) - (4,343,400)ºŸâ∂◊ÕÀÿâπ à«ππâÕ¬¢Õß RHC ≥ «—π∑’Ë≈ß∑ÿπ‡æ‘Ë¡ - - - - - - - - - - - 673,621,242 673,621,242ºŸâ∂◊ÕÀÿâπ à«ππâÕ¬„π∫√‘…—∑¬àÕ¬≈¥≈߇π◊ËÕß®“°

°“√≈ß∑ÿπ‡æ‘Ë¡¢Õß°≈ÿà¡ - - - - - - - - - - - (143,883,168) (143,883,168)ºŸâ∂◊ÕÀÿâπ à«ππâÕ¬„π∫√‘…—∑¬àÕ¬‡æ‘Ë¡¢÷Èπ‡π◊ËÕß®“°

°“√ÕÕ°Àÿâπ “¡—≠‡æ‘Ë¡¢Õß∫√‘…—∑¬àÕ¬ - - - - - - - - - - - 6,763,301 6,763,301¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547 2,476,777,641 487,212,152 (164,437,264) 19,711,121 104,788,723 - - 57,834,482 6,134,560 79,178,505 1,307,653,533 1,280,750,385 5,655,603,838

ß∫· ¥ß°“√‡ª≈’ˬπ·ª≈ß„π à«π¢ÕߺŸâ∂◊ÕÀÿâπ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑„πÀπâ“ 156 ∂÷ß 204 ‡ªìπ à«πÀπ÷ËߢÕßß∫°“√‡ß‘ππ’È

Page 154: Annual Report 2005 EN

152√“¬ß“πª√–®”ªï 2548

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™—Ëπ·π

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ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ (∫“∑)„∫ ”§—≠· ¥ß ‘∑∏‘ à«π◊ÈÕÀÿâπ “¡—≠∑’ËÕÕ° ª√—∫ª√ÿß®“°

∑ÿπ∑’ËÕÕ°·≈– à«π‡°‘π Àÿâπ “¡—≠ ‚¥¬∫√‘…—∑¬àÕ¬ à«π‡°‘π∑ÿπ®“° °“√·ª≈ß§à“ ”√Õßµ“¡ °”‰√ – ¡À¡“¬‡Àµÿ ™”√–·≈â« ¡Ÿ≈§à“Àÿâπ ´◊ÈÕ§◊π ∑’ËÀ¡¥Õ“¬ÿ·≈â« °“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ ß∫°“√‡ß‘π °ÆÀ¡“¬ ¬—߉¡à‰¥â®—¥ √√ √«¡

¬Õ¥¬°¡“ ≥ «—π∑’Ë 1 ¡°√“§¡ æ.». 2548 2,476,777,641 481,270,898 - 104,788,723 57,834,482 6,134,560 79,178,505 1,307,653,533 4,513,638,342Àÿâπ “¡—≠ÕÕ°„À¡à 21 14,390,350 8,987,238 - - - - - - 23,377,588„∫ ”§—≠· ¥ß ‘∑∏‘∑’ËÀ¡¥Õ“¬ÿ 21 - 19,711,121 - - - - - - 19,711,121º≈µà“ß®“°°“√·ª≈ߧà“ß∫°“√‡ß‘π - - - - - 18,400,191 - - 18,400,191 à«π‡°‘π∑ÿπ®“°°“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ - - - - 97,911,625 - - - 97,911,625°”‰√ ÿ∑∏‘ ”À√—∫ªï - - - - - - - 1,061,110,298 1,061,110,298ª√—∫ª√ÿ߇π◊ËÕß®“°°“√‡ª≈’ˬπ ∂“π–‡ß‘π≈ß∑ÿπ„π China Food

®“°∫√‘…—∑Õ◊Ëπ‡ªìπ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ 9 °) - - - - - - - (12,781,477) (12,781,477) ”√Õßµ“¡°ÆÀ¡“¬ 24 - - - - - - 88,650,608 (88,650,608) -Àÿâπªíπº≈ 27 242,488,278 - (15,163,436) - - - - (227,324,842) -‡ß‘πªíπº≈®à“¬ 27 - - - - - - - 282,007,019) (282,007,019)¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 2,733,656,269 509,969,257 (15,163,436) 104,788,723 155,746,107 24,534,751 167,829,113 1,757,999,885 5,439,360,669

ß∫· ¥ß°“√‡ª≈’ˬπ·ª≈ß„π à«π¢ÕߺŸâ∂◊ÕÀÿâπ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑„πÀπâ“ 156 ∂÷ß 204 ‡ªìπ à«πÀπ÷ËߢÕßß∫°“√‡ß‘ππ’È

ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ (∫“∑)„∫ ”§—≠· ¥ß ‘∑∏‘ à«π◊ÈÕÀÿâπ “¡—≠∑’ËÕÕ° ª√—∫ª√ÿß®“°

∑ÿπ∑’ËÕÕ°·≈– à«π‡°‘π ‚¥¬∫√‘…—∑¬àÕ¬ à«π‡°‘π∑ÿπ®“° °“√·ª≈ß§à“ ”√Õßµ“¡ °”‰√ – ¡À¡“¬‡Àµÿ ™”√–·≈â« ¡Ÿ≈§à“Àÿâπ ∑’ËÀ¡¥Õ“¬ÿ·≈â« °“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ ß∫°“√‡ß‘π °ÆÀ¡“¬ ¬—߉¡à‰¥â®—¥ √√ √«¡

¬Õ¥¬°¡“ ≥ «—π∑’Ë 1 ¡°√“§¡ æ.». 2547 2,293,965,800 381,968,047 - 24,920,948 2,166,849 59,150,000 844,017,446 3,606,189,090Àÿâπ “¡—≠ÕÕ°„À¡à 21 162,186,841 37,427,851 - - - - - 199,614,692Àÿâπ∫ÿ√‘¡ ‘∑∏‘ÕÕ°„À¡à 21 20,625,000 61,875,000 - - - - - 82,500,000„∫ ”§—≠· ¥ß ‘∑∏‘∑’ËÀ¡¥Õ“¬ÿ·≈â« - - 104,788,723 - - - - 104,788,723º≈µà“ß®“°°“√·ª≈ߧà“ß∫°“√‡ß‘π - - - - 3,967,711 - - 3,967,711 à«π‡°‘π∑ÿπ®“°°“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ - - - 32,913,534 - - - 32,913,534°”‰√ ÿ∑∏‘ ”À√—∫ªï - - - - - - 711,901,852 711,901,852ª√—∫ª√ÿ߇π◊ËÕß®“°°“√‡ª≈’ˬπ ∂“π–‡ß‘π≈ß∑ÿπ„π∫√‘…—∑Õ◊Ëπ‡ªìπ

‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ 9 ¢) - - - - - - (4,343,400) (4,343,400) ”√Õßµ“¡°ÆÀ¡“¬ 24 - - - - - 20,028,505 (20,028,505) -‡ß‘πªíπº≈®à“¬ 27 - - - - - - (223,893,860) (223,893,860)¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547 2,476,777,641 481,270,898 104,788,723 57,834,482 6,134,560 79,178,505 1,307,653,533 4,513,638,342

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153√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

ß∫°√–· ‡ß‘π ¥ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑„πÀπâ“ 156 ∂÷ß 204 ‡ªìπ à«πÀπ÷ËߢÕßß∫°“√‡ß‘ππ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

À¡“¬‡Àµÿ ∫“∑ ∫“∑ ∫“∑ ∫“∑

°√–· ‡ß‘π ¥®“°°‘®°√√¡¥”‡π‘πß“π°”‰√ ÿ∑∏‘ ”À√—∫ªï 1,061,110,298 711,901,852 1,061,110,298 711,901,852√“¬°“√ª√—∫ª√ÿß :§à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ (181,200) 22,520,289 280,000 (407,600)§à“‡ ◊ËÕ¡√“§“·≈–§à“µ—¥®”Àπà“¬ 25 1,153,258,734 919,123,706 56,429,452 50,875,412§à“µ—¥®”Àπà“¬ ‘π∑√—æ¬åÕ◊Ëπ 20,312,455 15,296,785 10,691,197 10,923,020µ—¥®”Àπà“¬≈Ÿ°Àπ’È°“√§â“ 135,278 477,164 - -§à“µ—¥®”Àπà“¬√“¬‰¥â√—∫≈à«ßÀπâ“ (42,554,225) (37,174,692) - - à«π·∫àß (°”‰√) ®“°‡ß‘π≈ß∑ÿπ

÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ 9 (72,815,498) (83,033,262) (1,082,168,297) (677,945,729)‡ß‘πªíπº≈√—∫ (22,769,944) (12,372,396) (817,555) (1,634,310)(°”‰√) ¢“¥∑ÿπ®“°°“√¢“¬‡ß‘π≈ß∑ÿπ√–¬– —Èπ - (864) - 2,557(°”‰√) ¢“¥∑ÿπ®“°°“√¢“¬‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ëπ (500,939) (324,235) (477) 477(°”‰√) ¢“¥∑ÿπ∑’ˬ—߉¡à‡°‘¥¢÷Èπ

®“°°“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õ߇ߑπ≈ß∑ÿπ√–¬– —Èπ (1,874,549) (29,196) - 2,165(°”‰√) ∑’ˬ—߉¡à‡°‘¥¢÷Èπ®“°Õ—µ√“·≈°‡ª≈’ˬπ (444,649) - - -µ—¥®”Àπà“¬ °“√¥âÕ¬§à“·≈–¢“¥∑ÿπ®“°°“√®”Àπà“¬∑’Ë¥‘π

Õ“§“√·≈–Õÿª°√≥å 62,701,684 78,949,358 318,532 823,799µ—¥®”Àπà“¬ °“√¥âÕ¬§à“·≈–¢“¥∑ÿπ

®“°°“√®”Àπà“¬ ‘π∑√—æ¬å‡æ◊ËÕ¢¬“¬°“√¥”‡π‘πß“π 373,949 13,836,156 - -§à“µ—¥®”Àπà“¬·≈– ”√Õß ‘π§â“‡ ◊ËÕ¡ ¿“æ 3,935,962 3,789,736 - -µ—¥®”Àπà“¬¿“…’‡ß‘π‰¥â®à“¬≈à«ßÀπâ“ 26,967,786 1,957,589 - -µ—¥®”Àπà“¬ ‘π∑√—æ¬åÀ¡ÿπ‡«’¬πÕ◊Ëπ 4,906,016 - - -§à“‡º◊ËÕ°“√¥âÕ¬§à“¢Õ߇ߑπ®à“¬≈à«ßÀπⓧà“Àÿâπ

„π∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 604,638 - - -µ—¥®”Àπà“¬ ‘π∑√—æ¬å‰¡à¡’µ—«µπ 14 (59,378) 780,286 - -µ—¥®”Àπà“¬ ‘π∑√—æ¬åÕ◊Ëπ 2,252,909 1,682,939 - -µ—¥®”Àπà“¬‡®â“Àπ’ÈÕ◊Ëπ·≈–§à“„™â®à“¬§â“ß®à“¬ (6,357,817) (10,720,503) - -µ—¥®”Àπà“¬Àπ’È ‘πÀ¡ÿπ‡«’¬πÕ◊Ëπ (252,907) (1,313,928) - -§à“‡º◊ËÕ°“√¥âÕ¬§à“¢Õ߇ߑπ≈ß∑ÿπ 10 °) - 5,263,012 - -°”‰√ à«π∑’ˇªìπ¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬ - ÿ∑∏‘ 62,116,056 67,663,275 - -

°“√‡ª≈’ˬπ·ª≈ß„π ‘π∑√—æ¬å·≈–Àπ’È ‘𥔇π‘πß“π≈Ÿ°Àπ’È°“√§â“ (60,607,566) (51,550,585) (4,790,358) (6,626,668) ‘π§â“§ß‡À≈◊Õ (61,025,047) (50,590,840) (574,513) (72,593) ‘π∑√—æ¬åÀ¡ÿπ‡«’¬πÕ◊Ëπ (53,497,819) (13,637,636) (4,205,577) 2,636,474‡®â“Àπ’È°“√§â“ 100,468,235 135,713,701 (3,274,044) 1,924,339¿“…’‡ß‘π‰¥â𑵑∫ÿ§§≈§â“ß®à“¬ 27,661,048 41,748,654 461,923 (8,100,278)§à“„™â®à“¬§â“ß®à“¬ 115,927,050 32,893,840 40,896,127 15,544,260Àπ’È ‘πÀ¡ÿπ‡«’¬πÕ◊Ëπ (65,642,943) (11,840,327) 1,361,289 9,094,822√“¬‰¥â√—∫≈à«ßÀπâ“ 22,139,238 21,209,385 - -Àπ’È ‘π‰¡àÀ¡ÿπ‡«’¬πÕ◊Ëπ 13,391,730 (4,318,544) (159,843) 1,864,740

‡ß‘π ¥ ÿ∑∏‘‰¥â¡“®“°°‘®°√√¡¥”‡π‘πß“π 2,289,678,585 1,797,900,719 75,558,154 110,806,739

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154 √“¬ß“πª√–®”ªï 2548

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À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑„πÀπâ“ 156 ∂÷ß 204 ‡ªìπ à«πÀπ÷ËߢÕßß∫°“√‡ß‘ππ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

À¡“¬‡Àµÿ ∫“∑ ∫“∑ ∫“∑ ∫“∑

°√–· ‡ß‘π ¥®“°°‘®°√√¡≈ß∑ÿπ‡ß‘π ¥√—∫ (®à“¬) ®“°‡ß‘π„Àâ°Ÿâ¬◊¡·≈–≈Ÿ°Àπ’È∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π (174,901,147) (43,968,270) (814,806,811) (700,831,487)‡ß‘π ¥®à“¬‡æ◊ËÕ ◊ÈՇߑπ≈ß∑ÿπ‡æ‘Ë¡„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡ (804,331,798) (313,109,866) (545,520,897) (692,664,575)‡ß‘π ¥®à“¬ ÿ∑∏‘‡æ◊ËÕ≈ß∑ÿπ‡æ‘Ë¡„π CFG 9 °) (102,720,240) - - -‡ß‘π ¥√—∫ ÿ∑∏‘®“°°“√≈ß∑ÿπ‡æ‘Ë¡„π RHC - 13,046,084 - -‡ß‘π ¥®à“¬ ÿ∑∏‘‡æ◊ËÕ≈ß∑ÿπ‡æ‘Ë¡„π RGD - (409,398,201) - -‡ß‘π ¥√—∫®“°°“√≈¥∑ÿπ¢Õß∫√‘…—∑¬àÕ¬ 9 °) - - 94,535,835 36,491,000‡ß‘πªíπº≈√—∫®“°∫√‘…—∑¬àÕ¬ ∫√‘…—∑√à«¡

∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π·≈–∫√‘…—∑Õ◊Ëπ 22,769,944 45,557,294 358,559,101 166,018,911‡ß‘π ¥√—∫ (®à“¬) ‡æ◊ËÕ ◊ÈՇߑπ≈ß∑ÿπ√–¬– —Èπ 4,905,891 (70,721,191) - 277,443‡ß‘π ¥√—∫®“°°“√¢“¬‡ß‘π≈ß∑ÿπ√–¬–¬“« 506,434 437,510 - 51,675‡ß‘π ¥®à“¬‡æ◊ËÕ ◊ÈՇߑπ≈ß∑ÿπ√–¬–¬“« (28,802,442) (37,314,964) (4,356,560) (1,508,040)‡ß‘π ¥®à“¬‡æ◊ËÕ¡—¥®” ‘∑∏‘„π°“√ ◊ÈÕÀÿâπ “¡—≠ - (66,324,990) - -‡ß‘π ¥®à“¬‡æ◊ËÕ ◊ÈÕ∑’Ë¥‘π·≈–‚§√ß°“√√–À«à“ß°“√æ—≤π“ (688,401,073) (521,965,950) - -‡ß‘π√—∫®“°°“√®”Àπà“¬∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å 30,321,263 23,029,594 340,234 1,448,562‡ß‘π ¥®à“¬‡æ◊ËÕ ◊ÈÕ ‘π∑√—æ¬å‰¡à¡’µ—«µπ 14 (1,216,838) (3,626,025) - -‡ß‘π ¥®à“¬≈à«ßÀπâ“ ”À√—∫§à“°àÕ √â“ß (41,432,056) - - -‡ß‘π ¥®à“¬‡æ◊ËÕ ◊ÈÕ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å (1,073,937,883) (551,184,394) (36,998,501) (52,534,301)‡ß‘π ¥√—∫ (®à“¬) ®“° ‘π∑√—æ¬å‰¡àÀ¡ÿπ‡«’¬πÕ◊Ëπ (109,722,517) 22,477,707 (6,813,130) 6,270,828‡ß‘π ¥ ÿ∑∏‘ („™â‰ª) ”À√—∫°‘®°√√¡≈ß∑ÿπ (2,966,962,462) (1,913,065,662) (955,060,729) (1,236,979,984)

°√–· ‡ß‘π ¥®“°°‘®°√√¡®—¥À“‡ß‘π‡ß‘π°Ÿâ¬◊¡√–¬– —È𠇮â“Àπ’È·≈–‡ß‘π∑¥√Õß®“°

∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π‡æ‘Ë¡¢÷Èπ (≈¥≈ß) (1,566,942) (14,449,524) 171,569,591 50,765,652‡ß‘π ¥®à“¬‡æ◊ËÕ™”√–§◊π‡ß‘π°Ÿâ¬◊¡®“°ºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑¬àÕ¬ - (191,104,013) - -‡ß‘π ¥®à“¬µ“¡ —≠≠“‡™à“°“√‡ß‘π (26,636,902) (11,174,141) - -‡ß‘π ¥√—∫®“°‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ 5,954,600,023 3,702,093,595 5,954,600,023 3,557,093,595‡ß‘π ¥®à“¬‡æ◊ËÕ™”√–§◊π‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ (5,743,532,821) (3,592,500,000) (5,743,532,821) (3,377,500,000)‡ß‘π ¥√—∫®“°‡ß‘π°Ÿâ¬◊¡√–¬–¬“« 18 1,076,600,000 969,440,000 976,600,000 969,440,000‡ß‘π ¥®à“¬‡æ◊ËÕ™”√–§◊π‡ß‘π°Ÿâ¬◊¡√–¬–¬“« 18 (1,479,930,000) (1,720,275,000) (1,100,000,000) (1,400,000,000)‡ß‘π ¥√—∫®“°°“√ÕÕ°Àÿâπ°Ÿâ 20 1,100,000,000 1,500,000,000 1,100,000,000 1,500,000,000‡ß‘π ¥®à“¬‡æ◊ËÕ™”√–§◊πÀÿâπ°Ÿâ 20 (212,500,000) (212,500,000) (212,500,000) (212,500,000)‡ß‘π ¥√—∫®“°°“√ÕÕ°Àÿâπ “¡—≠ 21 23,377,588 199,614,691 23,377,588 199,614,691‡ß‘π ¥√—∫®“°°“√ÕÕ°Àÿâπ∫ÿ√‘¡ ‘∑∏‘ - 82,500,000 - 82,500,000‡ß‘π ¥√—∫®“°°“√¢“¬„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑ - 19,711,121 - -‡ß‘π ¥√—∫®“°°“√ÕÕ°Àÿâπ “¡—≠¢Õß∫√‘…—∑¬àÕ¬ 1,480,000 1,757,480 - -‡ß‘π ¥®à“¬§◊π∑ÿπ·°àºŸâ∂◊ÕÀÿâπ à«ππâÕ¬ (230) - - -„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬ - 193,029 - -‡ß‘πªíπº≈®à“¬ 27 (307,203,662) (236,276,175) (300,203,142) (238,595,169)‡ß‘π ¥ ÿ∑∏‘‰¥â¡“®“°°‘®°√√¡®—¥À“‡ß‘π 384,687,054 497,031,063 869,911,239 1,130,818,769

‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥‡æ‘Ë¡¢÷Èπ (≈¥≈ß) ÿ∑∏‘ (292,596,823) 381,866,120 (9,591,336) 4,645,524‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ ≥ «—πµâπªï 606,232,032 224,365,912 6,351,590 1,706,066‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ ≥ «—π ‘Èπªï 313,635,209 606,232,032 (3,239,746) 6,351,590

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

ß∫°√–· ‡ß‘π ¥ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ ≥ «—π∑’Ë 31 ∏—𫓧¡

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

‡ß‘π ¥·≈–‡ß‘πΩ“°∏𓧓√ (À¡“¬‡Àµÿ 4) 333,732,061 615,708,529 9,552,286 10,049,253‡ß‘π‡∫‘°‡°‘π∫—≠™’ (À¡“¬‡Àµÿ 16) (20,096,852) (9,476,497) (12,792,032) (3,697,663)

313,635,209 606,232,032 (3,239,746) 6,351,590

¢âÕ¡Ÿ≈°√–· ‡ß‘𠥇ªî¥‡º¬‡æ‘Ë¡‡µ‘¡

√“¬°“√∑’ˉ¡à„™à‡ß‘π ¥

√“¬°“√∑’ˉ¡à„™à‡ß‘π ¥∑’Ë¡’ “√– ”§—≠ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547 ª√–°Õ∫¥â«¬ :ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

§à“„™â®à“¬§â“ß®à“¬·≈–Àπ’È ‘πÀ¡ÿπ‡«’¬πÕ◊Ëπ‡æ‘Ë¡¢÷Èπ ÿ∑∏‘®“°°“√´◊ÈÕ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å 63,708,646 132,219,223 3,716,837 1,243,979

‡®â“Àπ’È®“°°“√´◊ÈՇߑπ≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ 31,696,083 - - -

¥Õ°‡∫’Ȭ·≈–¿“…’‡ß‘π‰¥â

¥Õ°‡∫’Ȭ·≈–¿“…’‡ß‘π‰¥â®à“¬ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547 ª√–°Õ∫¥â«¬ :ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

¥Õ°‡∫’Ȭ®à“¬ 278,921,574 209,911,126 205,939,695 117,284,294¿“…’‡ß‘π‰¥â®à“¬ 332,426,352 188,636,562 11,024,724 18,265,249

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑„πÀπâ“ 156 ∂÷ß 204 ‡ªìπ à«πÀπ÷ËߢÕßß∫°“√‡ß‘ππ’È

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156 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

1. ¢âÕ¡Ÿ≈∑—Ë«‰ª

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π) (∫√‘…—∑) ‡ªìπ∫√‘…—∑¡À“™π®”°—¥ ´÷Ëß®—¥µ—Èß·≈–Õ“»—¬Õ¬Ÿà„πª√–‡∑»‰∑¬µ“¡∑’ËÕ¬Ÿà∑’ˉ¥â®¥∑–‡∫’¬π‰«â¥—ßπ’È

°√ÿ߇∑æœ : ™—Èπ 16 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å 99 ´Õ¬ √Ÿ‡∫’¬ ∂. ÿ¢ÿ¡«‘∑ 42 °√ÿ߇∑æ¡À“π§√ 10110 ª√–‡∑»‰∑¬æ—∑¬“ : 218/2-4 ¡.10 ∂.‡≈’¬∫™“¬À“¥ µ.ÀπÕߪ√◊Õ Õ.∫“ß≈–¡ÿß ®.™≈∫ÿ√’ ª√–‡∑»‰∑¬

‡¡◊ËÕ«—π∑’Ë 7 ¡’π“§¡ æ.». 2548 ∫√‘…—∑‰¥â®¥∑–‡∫’¬π‡ª≈’ˬπ™◊ËÕ∫√‘…—∑°—∫°√–∑√«ßæ“≥‘™¬å®“° ç∫√‘…—∑ √Õ¬—≈°“√凥âπ √’´Õ√å∑ ®”°—¥(¡À“™π)é ‡ªìπ ç∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)é

∫√‘…—∑‰¥â®¥∑–‡∫’¬π‡ªìπ∫√‘…—∑¡À“™π®”°—¥µ“¡°ÆÀ¡“¬‰∑¬·≈–‡¢â“‡ªìπ ¡“™‘°∫√‘…—∑®¥∑–‡∫’¬π„πµ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬‡¡◊ËÕ‡¥◊Õπµÿ≈“§¡ æ.». 2531 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ (ç°≈ÿà¡∫√‘…—∑é) ¥”‡π‘π∏ÿ√°‘®À≈—°„π¥â“π°“√≈ß∑ÿπ·≈–°“√ª√–°Õ∫°‘®°“√‚√ß·√¡·≈–¿—µµ“§“√„πª√–‡∑»‰∑¬

°≈ÿà¡∫√‘…—∑ª√–°Õ∫°‘®°“√ à«π„À≠à„πª√–‡∑»‰∑¬ ·≈–¡’®”π«πæπ—°ß“π ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ∑—Èß ‘Èπ 13,503 §π(31 ∏—𫓧¡ æ.». 2547 : 12,911 §π)

ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑‰¥â√—∫°“√Õπÿ¡—µ‘®“°§≥–°√√¡°“√µ√«® Õ∫¢Õß∫√‘…—∑‡¡◊ËÕ«—π∑’Ë 15 °ÿ¡¿“æ—π∏åæ.». 2549

2. π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠

π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠∑’Ë„™â„π°“√®—¥∑”ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑¡’¥—ßµàÕ‰ªπ’È

2.1 ‡°≥±å„π°“√®—¥∑”ß∫°“√‡ß‘π

ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑‰¥â®—¥∑”¢÷Èπµ“¡À≈—°°“√∫—≠™’∑’Ë√—∫√Õß∑—Ë«‰ª„πª√–‡∑»‰∑¬¿“¬„µâæ√–√“™∫—≠≠—µ‘°“√∫—≠™’ æ.». 2543 ´÷ËßÀ¡“¬§«“¡∂÷ß¡“µ√∞“π°“√∫—≠™’∑’ËÕÕ°¿“¬„µâæ√–√“™∫—≠≠—µ‘«‘™“™’æ∫—≠™’ æ.». 2547 ·≈–µ“¡¢âÕ°”Àπ¥¢Õߧ≥–°√√¡°“√°”°—∫À≈—°∑√—æ¬å·≈–µ≈“¥À≈—°∑√—æ¬å«à“¥â«¬°“√®—¥∑”·≈–𔇠πÕ√“¬ß“π∑“ß°“√‡ß‘π¿“¬„µâæ√–√“™∫—≠≠—µ‘À≈—°∑√—æ¬å·≈–µ≈“¥À≈—°∑√—æ¬å æ.». 2535

‡¡◊ËÕ«—π∑’Ë 12 情¿“§¡ æ.». 2548 ¿“«‘™“™’æ∫—≠™’‰¥âÕπÿ¡—µ‘¡“µ√∞“π°“√∫—≠™’„À¡à®”π«π 3 ©∫—∫§◊Õ ¡“µ√∞“π°“√∫—≠™’©∫—∫∑’Ë 52 ‡√◊ËÕ߇Àµÿ°“√≥å¿“¬À≈—ß«—π∑’Ë„πß∫¥ÿ≈ ©∫—∫∑’Ë 53 ‡√◊ËÕߪ√–¡“≥°“√Àπ’È ‘π Àπ’È ‘π∑’ËÕ“®‡°‘¥¢÷Èπ·≈– ‘π∑√—æ¬å∑’ËÕ“®‡°‘¥¢÷Èπ ·≈–©∫—∫∑’Ë 54 ‡√◊ËÕß°“√¥”‡π‘πß“π∑’ˬ°‡≈‘° ¥—ßπ—Èπ∫√‘…—∑®÷߉¥â∂◊ժؑ∫—µ‘µ“¡¡“µ√∞“π°“√∫—≠™’‡À≈à“π’ȵ—Èß·µà‰µ√¡“ ∑’Ë 2 ªï æ.». 2548

À≈—°°“√∫—≠™’∑’Ë„™âÕ“®·µ°µà“߉ª®“°À≈—°°“√∫—≠™’∑’Ë√—∫√Õß∑—Ë«‰ª´÷Ëß„™â„πª√–‡∑»Õ◊Ëπ ¥—ßπ—Èπ ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑‰¥â®—¥∑”¢÷Èπ‚¥¬¡‘‰¥â¡’®ÿ¥ª√– ߧå∑’Ë®–· ¥ß∞“π–°“√‡ß‘π·≈–º≈°“√¥”‡π‘πß“π ·≈–°√–· ‡ß‘𠥄Àâ Õ¥§≈âÕß°—∫À≈—°°“√∫—≠™’∑’Ë√—∫√Õß∑—Ë«‰ª∑’Ë°”À𥉫â„πª√–‡∑»Õ◊Ëπ ¥—ßπ—Èπ ∫√‘…—∑®÷ß®—¥∑”ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑¥â«¬¢âÕ ¡¡µ‘∞“π∑’Ë«à“ºŸâ„™âß∫°“√‡ß‘π¡’§«“¡‡¢â“„®À≈—°°“√·≈–«‘∏’ªØ‘∫—µ‘∑“ß°“√∫—≠™’∑’Ë√—∫√Õß∑—Ë«‰ª„πª√–‡∑»‰∑¬·≈â«

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

2. π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠ (µàÕ)

2.1 ‡°≥±å„π°“√®—¥∑”ß∫°“√‡ß‘π (µàÕ)

ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑‰¥â®—¥∑”¢÷Èπ‚¥¬„™â‡°≥±å√“§“∑ÿπ‡¥‘¡„π°“√«—¥¡Ÿ≈§à“¢ÕßÕߧåª√–°Õ∫¢Õßß∫°“√‡ß‘π¬°‡«âπ‡ß‘π≈ß∑ÿπ∫“ߪ√–‡¿∑´÷Ëß„™â¡Ÿ≈§à“¬ÿµ‘∏√√¡µ“¡∑’ËÕ∏‘∫“¬„ππ‚¬∫“¬°“√∫—≠™’

°“√®—¥∑”ß∫°“√‡ß‘π„Àâ Õ¥§≈âÕß°—∫À≈—°°“√∫—≠™’∑’Ë√—∫√Õß∑—Ë«‰ª„πª√–‡∑»‰∑¬°”Àπ¥„ÀâΩÉ“¬∫√‘À“√ª√–¡“≥°“√·≈–°”Àπ¥ ¡¡µ‘∞“π∑’ˇ°’ˬ«¢âÕßÕ—π®–¡’º≈µàÕµ—«‡≈¢¢Õß ‘π∑√—æ¬å·≈–Àπ’È ‘π √«¡∑—È߇ªî¥‡º¬¢âÕ¡Ÿ≈‡°’ˬ«°—∫ ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’ËÕ“®‡°‘¥¢÷Èπ≥ «—π∑’Ë„πß∫°“√‡ß‘π ·≈–¢âÕ¡Ÿ≈√“¬‰¥â·≈–§à“„™â®à“¬„π√Õ∫√–¬–‡«≈“∑’ˇ πÕß∫°“√‡ß‘π¥—ß°≈à“« µ—«‡≈¢∑’ˇ°‘¥¢÷Èπ®√‘ßÕ“®·µ°µà“ß®“°µ—«‡≈¢ª√–¡“≥°“√ ∂÷ß·¡â«à“µ—«‡≈¢ª√–¡“≥°“√‰¥â®—¥∑”¢÷Èπ¥â«¬§«“¡‡¢â“„®∑’Ë¥’∑’Ë ÿ¥„π‡Àµÿ°“√≥å·≈– ‘Ëß∑’ˉ¥â°√–∑”‰ª„πªí®®ÿ∫—π

ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑©∫—∫¿“…“Õ—ß°ƒ…®—¥∑”¢÷Èπ®“°ß∫°“√‡ß‘πµ“¡°ÆÀ¡“¬∑’ˇªìπ¿“…“‰∑¬ „π°√≥’∑’Ë¡’§«“¡À¡“¬¢—¥·¬âß°—πÀ√◊Õ¡’§«“¡·µ°µà“ß„π°“√µ’§«“¡√–À«à“ß Õß¿“…“ „Àâ„™âß∫°“√‡ß‘πµ“¡°ÆÀ¡“¬©∫—∫¿“…“‰∑¬‡ªìπÀ≈—°

2.2 ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬

∫√‘…—∑¬àÕ¬ À¡“¬∂÷ß ∫√‘…—∑∑’Ë∫√‘…—∑„À≠à„π°≈ÿà¡∫√‘…—∑¡’ ‘∑∏‘ÕÕ°‡ ’¬ß∑—Èß∑“ßµ√ß·≈–∑“ßÕâÕ¡¡“°°«à“°÷ËßÀπ÷ËߢÕß ‘∑∏‘„π°“√ÕÕ°‡ ’¬ß∑—ÈßÀ¡¥ À√◊Õ¡’Õ”π“®„π°“√§«∫§ÿ¡π‚¬∫“¬°“√‡ß‘π·≈–°“√¥”‡π‘πß“π¢Õß∫√‘…—∑¬àÕ¬ ∫√‘…—∑¬àÕ¬¥—ß°≈à“«‰¥â∂Ÿ°π”¡“√«¡„π°“√®—¥∑”ß∫°“√‡ß‘π‚¥¬‡√‘Ë¡µ—Èß·µà«—π∑’Ë∫√‘…—∑„À≠à¡’Õ”π“®§«∫§ÿ¡ ®π∂÷ß«—π∑’Ë∫√‘…—∑„À≠à‰¡à¡’Õ”π“®„π°“√§«∫§ÿ¡Õ’°µàÕ‰ª °≈ÿà¡∫√‘…—∑„™â«‘∏’ ◊ÈÕ ”À√—∫°“√∫—π∑÷°°“√‰¥â¡“ ÷Ëß∫√‘…—∑¬àÕ¬ µâπ∑ÿπ°“√‰¥â¡“ ÷Ëß∫√‘…—∑¬àÕ¬«—¥¡Ÿ≈§à“¥â«¬¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õß ‘π∑√—æ¬å∑’Ë àß¡Õ∫„Àâ„π°“√‰¥â¡“ ¡Ÿ≈§à“¢ÕßÀÿâπ∑’ËÕÕ°„Àâ À√◊ÕÀπ’È ‘π∑’˵âÕß√—∫º‘¥™Õ∫ ≥ «—π∑’ˉ¥â¡“ ·≈–¬—ß√«¡∂÷ßµâπ∑ÿπ∑’Ë —¡æ—π∏å‚¥¬µ√ß°—∫°“√‰¥â¡“π—Èπ à«π¢Õß®”π«πµâπ∑ÿπ°“√‰¥â¡“ ÷Ëß∫√‘…—∑¬àÕ¬∑’Ë Ÿß°«à“¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õß ‘π∑√—æ¬å ÿ∑∏‘¢Õß∫√‘…—∑¬àÕ¬∑’ˉ¥â¡“®–∫—π∑÷°‡ªìπ§à“§«“¡π‘¬¡ À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π¢âÕ∑’Ë 2.11 Õ∏‘∫“¬π‚¬∫“¬°“√∫—≠™’‡°’ˬ«°—∫§à“§«“¡π‘¬¡ √“¬°“√·≈–¬Õ¥§ß‡À≈◊Õ√–À«à“ß°≈ÿà¡∫√‘…—∑ µ≈Õ¥®π°”‰√¢“¥∑ÿπ∑’ˬ—߉¡à‡°‘¥¢÷Èπ‰¥âµ—¥ÕÕ°®“°ß∫°“√‡ß‘π√«¡π’È·≈â« π‚¬∫“¬°“√∫—≠™’ ”À√—∫∫√‘…—∑¬àÕ¬®–‡ª≈’ˬπ·ª≈߇æ◊ËÕ„™âπ‚¬∫“¬°“√∫—≠™’‡¥’¬«°—∫°≈ÿà¡∫√‘…—∑„π°“√®—¥∑”ß∫°“√‡ß‘π√«¡ ¢âÕ¡Ÿ≈‡°’ˬ«°—∫ à«π¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬‰¥â· ¥ß‡ªìπ√“¬°“√·¬°µà“ßÀ“°„πß∫¥ÿ≈√«¡·≈–ß∫°”‰√¢“¥∑ÿπ√«¡

‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬· ¥ß„πß∫°“√‡ß‘π‡©æ“–∫√‘…—∑‚¥¬„™â«‘∏’ à«π‰¥â‡ ’¬

√“¬™◊ËÕ¢Õß∫√‘…—∑¬àÕ¬¢Õß°≈ÿà¡∫√‘…—∑ ·≈–º≈°√–∑∫∑“ß°“√‡ß‘π®“°°“√ ◊ÈÕ∫√‘…—∑¬àÕ¬ ‰¥â· ¥ß‰«â„πÀ¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π¢âÕ 9

„π°√≥’∑’Ë∫√‘…—∑µ—Èß„®≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬∑’Ë¥”‡π‘πß“π¿“¬„µâ¢âÕ°”Àπ¥∑’ˇ¢â¡ß«¥®“°¿“¬πÕ°´÷Ëß¡’º≈°√–∑∫√–¬–¬“«∑”„Àâ∫√‘…—∑¬àÕ¬¢“¥§«“¡ “¡“√∂„π°“√‚Õπ‡ß‘π„Àâ°—∫∫√‘…—∑ ¡Ÿ≈§à“‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬®–· ¥ß„πß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑µ“¡π‚¬∫“¬°“√∫—≠™’‡°’ˬ«°—∫‡ß‘π≈ß∑ÿπ∑’Ë√–∫ÿ‰«â„πÀ¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π¢âÕ 2.10

2.3 ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡

‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡· ¥ß„πß∫°“√‡ß‘π√«¡‚¥¬„™â«‘∏’ à«π‰¥â‡ ’¬´÷Ëß«‘∏’¥—ß°≈à“«®–∑”„Àâ à«π·∫àß°”‰√À√◊Õ¢“¥∑ÿπ¿“¬À≈—ß°“√‰¥â¡“∑’ˇªìπ à«π¢Õß°≈ÿà¡∫√‘…—∑„π∫√‘…—∑√à«¡®–∫—π∑÷°‰«â„πß∫°”‰√¢“¥∑ÿπ ·≈– à«π·∫àß„π à«π¢Õߧ«“¡‡§≈◊ËÕπ‰À«„π ”√Õß à«π‡°‘π∑ÿπ¿“¬À≈—ß°“√‰¥â¡“ ®–∫—π∑÷°‰«â„π à«π¢Õß ”√Õß à«π‡°‘π∑ÿπ º≈ – ¡¢Õß°“√‡ª≈’ˬπ·ª≈ß¿“¬À≈—ß°“√‰¥â¡“®–ª√—∫ª√ÿß°—∫

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

2.3 ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ (µàÕ)

µâπ∑ÿπ¢Õ߇ߑπ≈ß∑ÿπ ∫√‘…—∑√à«¡‡ªìπ°‘®°“√∑’Ë°≈ÿà¡∫√‘…—∑¡’Õ‘∑∏‘æ≈Õ¬à“߇ªìπ “√– ”§—≠·µà‰¡à∂÷ß°—∫§«∫§ÿ¡ √“¬°“√°”‰√À√◊Õ√“¬°“√¢“¥∑ÿπ∑’ˬ—߉¡à‰¥â‡°‘¥¢÷Èπ®√‘ß√–À«à“ß°≈ÿà¡∫√‘…—∑°—∫∫√‘…—∑√à«¡∂Ÿ°µ—¥∫—≠™’‡∑à“∑’Ë°≈ÿà¡∫√‘…—∑¡’ à«π‰¥â‡ ’¬„π∫√‘…—∑√à«¡π—È𠇫âπ·µà√“¬°“√¢“¥∑ÿπ∑’ˬ—߉¡à‰¥â‡°‘¥¢÷Èπ®√‘ߥ—ß°≈à“« ÷Ëß¡’À≈—°∞“π«à“ ‘π∑√—æ¬å∑’Ë‚Õπ√–À«à“ß°—π‡°‘¥°“√¥âÕ¬§à“ ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡√«¡∂÷ß§à“§«“¡π‘¬¡∑’ˇ°‘¥®“°°“√‰¥â¡“ ( ÿ∑∏‘®“°§à“µ—¥®”Àπà“¬ – ¡) °≈ÿà¡∫√‘…—∑µâÕ߉¡à√—∫√Ÿâ à«π·∫àߢ“¥∑ÿπÕ’°µàÕ‰ª‡¡◊ËÕ à«π·∫àߢ“¥∑ÿπ¢Õß°≈ÿà¡∫√‘…—∑„π∫√‘…—∑√à«¡¡’¡Ÿ≈§à“‡∑à“°—∫À√◊Õ‡°‘π°«à“¡Ÿ≈§à“ à«π‰¥â‡ ’¬¢Õß°≈ÿà¡∫√‘…—∑„π∫√‘…—∑√à«¡ ‡«âπ·µà°≈ÿà¡∫√‘…—∑‡°‘¥¿“√–Àπ’ÈÀ√◊ÕµâÕß®à“¬™”√–Àπ’È·∑π∫√‘…—∑√à«¡

√“¬™◊ËÕ¢Õß∫√‘…—∑√à«¡¢Õß°≈ÿà¡∫√‘…—∑‰¥â· ¥ß‰«â„πÀ¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π¢âÕ 9

2.4 à«π‰¥â‡ ’¬„π°‘®°“√√à«¡§â“

‡ß‘π≈ß∑ÿπ„π°‘®°“√∑’˧«∫§ÿ¡√à«¡°—π· ¥ß„πß∫°“√‡ß‘π√«¡‚¥¬«‘∏’√«¡µ“¡ —¥ à«π ÷Ë߇ªìπ«‘∏’∑’Ë°≈ÿà¡∫√‘…—∑√«¡ à«π·∫àß√“¬‰¥â §à“„™â®à“¬ ‘π∑√—æ¬å ·≈–Àπ’È ‘π¢Õß°‘®°“√√à«¡§â“·µà≈–√“¬°“√„πß∫°“√‡ß‘π à«π‰¥â‡ ’¬„π°“√√à«¡§â“· ¥ß„πß∫°“√‡ß‘π‡©æ“–∫√‘…—∑‚¥¬„™â«‘∏’ à«π‰¥â‡ ’¬

√“¬™◊ËÕ¢Õß∫√‘…—∑√à«¡¢Õß°≈ÿà¡∫√‘…—∑‰¥â· ¥ß‰«â„πÀ¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π¢âÕ 9

2.5 °“√·ª≈ß§à“‡ß‘πµ√“µà“ߪ√–‡∑»

°≈ÿà¡∫√‘…—∑·ª≈ߧà“√“¬°“√∑’ˇªìπ‡ß‘πµ√“µà“ߪ√–‡∑»∑’ˇ°‘¥¢÷Èπ„À⇪ìπ‡ß‘π∫“∑‚¥¬„™âÕ—µ√“·≈°‡ª≈’ˬπ ≥ «—π∑’Ë∑’ˇ°‘¥√“¬°“√·≈–·ª≈ß§à“ ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’ˇªìπµ—«‡ß‘π∑’ˇªìπ‡ß‘πµ√“µà“ߪ√–‡∑» ≥ «—π∑’Ë„πß∫¥ÿ≈„À⇪ìπ‡ß‘π∫“∑‚¥¬„™âÕ—µ√“·≈°‡ª≈’ˬπ ≥ «—ππ—Èπ °”‰√·≈–¢“¥∑ÿπ∑’ˇ°‘¥®“°°“√√—∫À√◊Õ®à“¬™”√–∑’ˇªìπ‡ß‘πµ√“µà“ߪ√–‡∑» ·≈–∑’ˇ°‘¥®“°°“√·ª≈ß§à“ ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’ˇªìπµ—«‡ß‘π¥—ß°≈à“«‰¥â∫—π∑÷°∑—π∑’„πß∫°”‰√¢“¥∑ÿπ

ß∫°”‰√¢“¥∑ÿπ¢ÕßÀπ૬ߓπµà“ߪ√–‡∑»‰¥â·ª≈ß§à“‡ªìπ‡ß‘π∫“∑ ‚¥¬„™âÕ—µ√“·≈°‡ª≈’ˬπ∂—«‡©≈’ˬ„π√–À«à“ߪï √“¬°“√„πß∫¥ÿ≈·ª≈ß§à“‡ªìπ‡ß‘π∫“∑‚¥¬„™âÕ—µ√“·≈°‡ª≈’ˬπ ≥ «—π∑’Ë„πß∫¥ÿ≈ º≈µà“ß®“°°“√·ª≈ߧà“√“¬°“√„πß∫°“√‡ß‘π¥—ß°≈à“«®–· ¥ß¿“¬„µâ à«π¢ÕߺŸâ∂◊ÕÀÿâπ ®π°√–∑—Ëß°≈ÿà¡∫√‘…—∑®”Àπà“¬Àπ૬ߓπµà“ߪ√–‡∑» ®÷ß∫—π∑÷°º≈µà“ߥ—ß°≈à“«‡ªìπ à«πÀπ÷ËߢÕß°”‰√À√◊Õ¢“¥∑ÿπ®“°°“√®”Àπà“¬Àπ૬ߓπµà“ߪ√–‡∑»π—Èπ

ß∫°”‰√¢“¥∑ÿπ¢Õß°‘®°“√„πµà“ߪ√–‡∑» ÷Ëß∂◊Õ«à“‡ªìπ à«πÀπ÷ËߢÕß∫√‘…—∑‰¥â·ª≈ß§à“‡ªìπ‡ß‘π∫“∑ ‚¥¬„™âÕ—µ√“·≈°‡ª≈’ˬπ∂—«‡©≈’ˬ„π√–À«à“ߪï √“¬°“√„πß∫¥ÿ≈·ª≈ß§à“‡ªìπ‡ß‘π∫“∑‚¥¬„™âÕ—µ√“·≈°‡ª≈’ˬπ ≥ «—π∑’Ë„πß∫¥ÿ≈ à«π√“¬°“√∑’ˉ¡à‡ªìπµ—«‡ß‘π·ª≈ß§à“‡ªìπ‡ß‘π∫“∑‚¥¬„™âÕ—µ√“·≈°‡ª≈’ˬπ ≥ «—π∑’ˇ°‘¥√“¬°“√ º≈µà“ß®“°°“√·ª≈ߧà“∫—π∑÷°∑—π∑’„πß∫°”‰√¢“¥∑ÿπ

2.6 ‡§√◊ËÕß¡◊Õ∑“ß°“√‡ß‘π

‘π∑√—æ¬å∑“ß°“√‡ß‘π∑’Ë· ¥ß„πß∫¥ÿ≈ª√–°Õ∫¥â«¬‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ ‡ß‘π≈ß∑ÿπ ≈Ÿ°Àπ’È°“√§â“ ≈Ÿ°Àπ’È°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π Àπ’È ‘π∑“ß°“√‡ß‘π∑’Ë· ¥ßÕ¬Ÿà„πß∫¥ÿ≈ª√–°Õ∫¥â«¬ ‡®â“Àπ’È°“√§â“ ‡®â“Àπ’È°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π —≠≠“‡™à“°“√‡ß‘π ·≈–‡ß‘π°Ÿâ¬◊¡ ÷Ëßπ‚¬∫“¬°“√∫—≠™’‡©æ“– ”À√—∫√“¬°“√·µà≈–√“¬°“√‰¥â‡ªî¥‡º¬·¬°‰«â„π·µà≈–À—«¢âÕ∑’ˇ°’ˬ«¢âÕß

2. π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠ (µàÕ)

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2.7 ‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥

‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥‰¥â· ¥ß„πß∫¥ÿ≈∑’Ë√“§“∑ÿπ ‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ª√–°Õ∫¥â«¬ ‡ß‘𠥄π¡◊ՇߑπΩ“°∏𓧓√ª√–‡¿∑®à“¬§◊π‡¡◊ËÕ∑«ß∂“¡ ‡ß‘π≈ß∑ÿπ√–¬– —ÈπÕ◊Ëπ∑’Ë¡’ ¿“æ§≈àÕß„π°“√‡ª≈’ˬπ¡◊Õ´÷Ëß¡’√–¬–‡«≈“≈ß∑ÿπ‡¡◊ËÕ´◊ÈÕ‰¡à‡°‘π 3 ‡¥◊Õπ ·≈–‡ß‘π‡∫‘°‡°‘π∫—≠™’∏𓧓√ ÷Ë߉¥â· ¥ß‡ªìπÀπ’È ‘πÀ¡ÿπ‡«’¬π„πß∫¥ÿ≈

2.8 ≈Ÿ°Àπ’È°“√§â“

≈Ÿ°Àπ’È°“√§â“· ¥ß¥â«¬¡Ÿ≈§à“∑’Ë®–‰¥â√—∫ §à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ª√–¡“≥®“°°“√ Õ∫∑“π¬Õ¥§ß‡À≈◊Õ ≥ «—π ‘ÈπªïÀπ’È Ÿ≠‡°‘¥¢÷Èπ„π√–À«à“ߪﵗ¥‡ªìπ§à“„™â®à“¬∑—π∑’∑’ˇ°‘¥¢÷Èπ

2.9 ‘π§â“§ß‡À≈◊Õ

‘π§â“§ß‡À≈◊Õ· ¥ß¥â«¬√“§“∑ÿπÀ√◊Õ¡Ÿ≈§à“ ÿ∑∏‘∑’Ë®–‰¥â√—∫·≈â«·µà√“§“„¥®–µË”°«à“ √“§“∑ÿπ¢Õß ‘π§â“§”π«≥‚¥¬«‘∏’∂—«‡©≈’ˬµâπ∑ÿπ„π°“√ ◊ÈÕª√–°Õ∫¥â«¬√“§“ ◊ÈÕ ·≈–§à“„™â®à“¬∑“ßµ√ß∑’ˇ°’ˬ«¢âÕß°—∫°“√ ◊ÈÕ ‘π§â“π—È𠇙àπ §à“¿“…’Õ“°√ §à“¢π àß À—°¥â«¬ à«π≈¥·≈–‡ß‘π∑’ˉ¥â√—∫§◊π®“°°“√ ◊ÈÕ ‘π§â“ ¡Ÿ≈§à“∑’Ë®–‰¥â√—∫ª√–¡“≥®“°√“§“∑’˧“¥«à“®–¢“¬‰¥âµ“¡ª°µ‘¢Õß∏ÿ√°‘®À—°¥â«¬§à“„™â®à“¬∑’Ë®”‡ªìπ‡æ◊ËÕ„Àâ ‘π§â“π—È𠔇√Á®√Ÿª·≈–§à“„™â®à“¬„π°“√¢“¬„π√–À«à“ߪï°≈ÿà¡∫√‘…—∑‰¥â∑”°“√µ—Èß§à“‡º◊ËÕ≈¥¡Ÿ≈§à“ ”À√—∫ ‘π§â“‡°à“≈â“ ¡—¬ À√◊Õ‡ ◊ËÕ¡§ÿ≥¿“æ

2.10 ‡ß‘π≈ß∑ÿπÕ◊Ëπ

‡ß‘π≈ß∑ÿπÕ◊Ëπ∑’ˉ¡à„™à‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ ∫√‘…—∑√à«¡·≈–°‘®°“√√à«¡§â“‰¥â®—¥ª√–‡¿∑‰¥â‡ªìπ “¡ª√–‡¿∑§◊Õ ‡ß‘π≈ß∑ÿπ„πÀ≈—°∑√—æ¬å‡æ◊Ëէⓠ‡ß‘π≈ß∑ÿπ„πÀ≈—°∑√—æ¬å‡º◊ËÕ¢“¬·≈–‡ß‘π≈ß∑ÿπ∑—Ë«‰ª À≈—°∑√—æ¬å∑’Ë´◊ÈÕ¡“‡æ◊ËÕÀ«—ß°”‰√®“°°“√‡ª≈’ˬπ·ª≈ß√“§“„π√–¬– —Èπ‰¥â∂Ÿ°®—¥ª√–‡¿∑‡ªìπÀ≈—°∑√—æ¬å‡æ◊Ëէ⓷≈–· ¥ß„π ‘π∑√—æ¬åÀ¡ÿπ‡«’¬π ‡ß‘π≈ß∑ÿπ∑’ˉ¡à√–∫ÿ™à«ß‡«≈“∑’Ë·πàπÕπ ÷ËßÕ“®¢“¬‡æ◊ËÕ‡ √‘¡ ¿“æ§≈àÕßÀ√◊Õ‡ª≈’ˬπÕ—µ√“¥Õ°‡∫’Ȭ∑’ˉ¥â√—∫‰¥â∂Ÿ°®—¥ª√–‡¿∑‡ªìπÀ≈—°∑√—æ¬å‡º◊ËÕ¢“¬·≈–· ¥ß„π ‘π∑√—æ¬å‰¡àÀ¡ÿπ‡«’¬π‡«âπ·µàºŸâ∫√‘À“√®–· ¥ß‡®µ®”π߇æ◊ËÕ∂◊ÕÀ≈—°∑√—æ¬å‰«âπâÕ¬°«à“ 12 ‡¥◊Õπ π—∫®“°«—π∑’Ë„πß∫¥ÿ≈À√◊Õ‡«âπ·µàºŸâ∫√‘À“√µâÕß°“√¢“¬‡æ◊ËÕ‡æ‘Ë¡‡ß‘π∑ÿπ„π°“√ª√–°Õ∫°‘®°“√´÷Ëß®–®—¥ª√–‡¿∑‡ªìπ ‘π∑√—æ¬åÀ¡ÿπ‡«’¬π ‡ß‘π≈ß∑ÿπ„πµ√“ “√∑ÿπ∑’ˉ¡àÕ¬Ÿà„𧫓¡µâÕß°“√¢Õßµ≈“¥∑’Ë®—¥ª√–‡¿∑‡ªìπ‡ß‘π≈ß∑ÿπ∑—Ë«‰ª

‡ß‘π≈ß∑ÿπ‡æ◊Ëէⓡ’°“√´◊ÈÕ¢“¬„πµ≈“¥´◊ÈÕ¢“¬§≈àÕß· ¥ß„πß∫¥ÿ≈¥â«¬¡Ÿ≈§à“¬ÿµ‘∏√√¡ ‚¥¬°“√Õâ“ßÕ‘ß√“§“‡ πÕ´◊ÈÕ¢Õßµ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬¢≥–ªî¥∑”°“√ ≥ «—π∑’Ë„πß∫¥ÿ≈ √“§“µ“¡∫—≠™’∑’ˇæ‘Ë¡¢÷ÈπÀ√◊Õ≈¥≈ߢÕ߇ߑπ≈ß∑ÿπ‡æ◊ËէⓉ¥â∫—π∑÷°„πß∫°”‰√¢“¥∑ÿπ

µ√“ “√∑ÿπ∑’ËÕ¬Ÿà„𧫓¡µâÕß°“√¢Õßµ≈“¥∑’Ë®—¥ª√–‡¿∑‡ªìπÀ≈—°∑√—æ¬å‡º◊ËÕ¢“¬· ¥ß„πß∫¥ÿ≈¥â«¬¡Ÿ≈§à“¬ÿµ‘∏√√¡ ¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õßµ√“ “√∑ÿπ∑’ËÕ¬Ÿà„𧫓¡µâÕß°“√¢Õßµ≈“¥§”π«≥‚¥¬Õâ“ßÕ‘ß®“°√“§“‡ πÕ´◊ÈÕ„πµ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬¢≥–ªî¥∑”°“√ ≥ «—π∑’Ë„πß∫¥ÿ≈ √“§“µ“¡∫—≠™’∑’ˇæ‘Ë¡¢÷ÈπÀ√◊Õ≈¥≈߉¥â∫—π∑÷°‡ªìπ à«π‡°‘π∑ÿπ®“°°“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡·≈–· ¥ß¿“¬„µâ à«π¢ÕߺŸâ∂◊ÕÀÿâπ

‡ß‘π≈ß∑ÿπ∑—Ë«‰ª· ¥ß„πß∫¥ÿ≈¥â«¬√“§“∑ÿπÀ—°¥â«¬°“√¥âÕ¬§à“

ºŸâ∫√‘À“√°”Àπ¥°“√®—¥ª√–‡¿∑‡ß‘π∑ÿπ‡¡◊ËÕ ◊ÈÕ·≈–ª√–‡¡‘π®ÿ¥ª√– ߧå„À¡àÕ¬à“ß ¡Ë”‡ ¡Õ

2. π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠ (µàÕ)

Page 162: Annual Report 2005 EN

160 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

°≈ÿà¡∫√‘…—∑®–∑¥ Õ∫°“√¥âÕ¬§à“¢Õ߇ߑπ≈ß∑ÿπµàÕ‡¡◊ËÕ¡’¢âÕ∫àß™’È«à“‡ß‘π≈ß∑ÿππ—ÈπÕ“®¡’°“√¥âÕ¬§à“‡°‘¥¢÷Èπ ∂â“√“§“µ“¡∫—≠™’¢Õ߇ߑπ≈ß∑ÿπ Ÿß°«à“¡Ÿ≈§à“∑’˧“¥«à“®–‰¥â√—∫§◊π º≈¢“¥∑ÿπ®“°°“√¥âÕ¬§à“∑’ˇ°‘¥¢÷Èπ∫—π∑÷°„πß∫°”‰√¢“¥∑ÿπ∑—π∑’

„π°“√®”Àπà“¬‡ß‘π≈ß∑ÿπ º≈µà“ß√–À«à“ß‡ß‘π ¥ ÿ∑∏‘∑’ˉ¥â√—∫®“°°“√®”Àπà“¬°—∫√“§“µ“¡∫—≠™’¢Õ߇ߑπ≈ß∑ÿππ—Èπ®–∫—π∑÷°„πß∫°”‰√¢“¥∑ÿπ∑—π∑’

‡¡◊ËՇߑπ≈ß∑ÿπ„πµ√“ “√∑ÿπ™π‘¥‡¥’¬«°—π¡’°“√®”Àπà“¬‡æ’¬ß∫“ß à«π √“§“µ“¡∫—≠™’¢Õ߇ߑπ≈ß∑ÿπ∑’Ë®”Àπà“¬§”π«≥‚¥¬„™â«‘∏’∂—«‡©≈’ˬ∂à«ßπÈ”Àπ—°®“°®”π«π∑’Ë∂◊Õ§√Õß∑—ÈßÀ¡¥

‡¡◊ËՇߑπ≈ß∑ÿπ∑’Ë¡’°“√ª√—∫¡Ÿ≈§à“¬ÿµ‘∏√√¡„π à«π¢ÕߺŸâ∂◊ÕÀÿâπ ‰¥â¢“¬ÕÕ°‰ªÀ√◊Õ¡’°“√¥âÕ¬§à“ º≈ – ¡¢Õß°“√ª√—∫¡Ÿ≈§à“¬ÿµ‘∏√√¡∑’Ë∫—π∑÷°‰«â„π à«π¢ÕߺŸâ∂◊ÕÀÿâπ®–∂Ÿ°∫—π∑÷°‰ª‡ªì𰔉√À√◊Õ¢“¥∑ÿπ„πß∫°”‰√¢“¥∑ÿπ

2.11 ‘π∑√—æ¬å‰¡à¡’µ—«µπ

µâπ∑ÿπ°“√æ—≤π“·ø√π‰™ å

µâπ∑ÿπ∑’ˇ°‘¥¢÷Èπ‡æ◊ËÕ°“√æ—≤π“·ø√π‰™ å„À¡à ´÷Ë߇°’ˬ«¢âÕß°—∫°“√ÕÕ°·∫∫¿—µµ“§“√·≈–°“√∑¥ Õ∫º≈‘µ¿—≥±å„À¡à√—∫√Ÿâ‡ªìπ ‘π∑√—æ¬å‰¡à¡’µ—«µπ„π®”π«π‰¡à‡°‘π√“¬®à“¬∑’˧“¥«à“®–°àÕ„À⇰‘¥ª√–‚¬™π凙‘߇»√…∞°‘®„πÕ𓧵 à«π√“¬®à“¬„π°“√æ—≤π“Õ◊Ëπ√—∫√Ÿâ‡ªìπ§à“„™â®à“¬‡¡◊ËÕ‡°‘¥¢÷Èπ µâπ∑ÿπ°“√æ—≤π“∑’ˉ¥â√—∫√Ÿâ‡ªìπ§à“„™â®à“¬‰ª·≈â«„πß«¥°àÕπ‰¡à “¡“√∂√—∫√Ÿâ‡ªìπ ‘π∑√—æ¬å„πß«¥∂—¥‰ª°“√∑¬Õ¬µ—¥®”Àπà“¬µâπ∑ÿπ°“√æ—≤π“∑’Ë∫—π∑÷°‡ªìπ ‘π∑√—æ¬å®–‡√‘Ë¡µâπµ—Èß·µà‡¡◊ËÕ‡√‘Ë¡¥”‡π‘πß“π·ø√π‰™ å‡æ◊ËÕ°“√æ“≥‘™¬å‚¥¬µ—¥®”Àπà“¬¥â«¬«‘∏’‡ âπµ√ßµ“¡√–¬–‡«≈“∑’˧“¥«à“®–‰¥â√—∫ª√–‚¬™π凪ìπ√–¬–‡«≈“ª√–¡“≥ 1-3 ªï µâπ∑ÿπ°“√æ—≤π“∑’Ë∫—π∑÷°‡ªìπ ‘π∑√—æ¬å®–‰¡à¡’°“√µ’√“§“‡æ‘Ë¡ ·µà®–¡’°“√∑∫∑«π√“§“µ“¡∫—≠™’„À¡à„π·µà≈–ªï·≈–ª√—∫ª√ÿßÀ“°°“√¥âÕ¬§à“‡°‘¥¢÷Èπ

§à“≈‘¢ ‘∑∏‘Ï·ø√π‰™ å

√“¬®à“¬∑’ˇ°‘¥¢÷Èπ‡æ◊ËÕ„À≥⡓ ÷Ëß ‘∑∏‘∫—µ√ ‡§√◊ËÕßÀ¡“¬∑“ß°“√§â“ ·≈–„∫Õπÿ≠“µ¢Õß·ø√π‰™ åµà“ßÊ ∫—π∑÷°‰«â‡ªìπ ‘π∑√—æ¬å‰¡à¡’µ—«µπ·≈–µ—¥®”Àπà“¬‚¥¬„™â«‘∏’‡ âπµ√ß µ≈Õ¥Õ“¬ÿ —≠≠“‡ªìπ√–¬–‡«≈“ 3-20 ªï ‘π∑√—æ¬å‰¡à¡’µ—«µπ¥—ß°≈à“« ®–‰¡à¡’°“√µ’√“§“‡æ‘Ë¡·µà®–¡’°“√∑∫∑«π√“§“µ“¡∫—≠™’„À¡à„π·µà≈–ªï·≈–ª√—∫ª√ÿßÀ“°°“√¥âÕ¬§à“‡°‘¥¢÷Èπ

§à“§«“¡π‘¬¡

§à“§«“¡π‘¬¡‡°‘¥®“° à«π¢Õß√“§“∑ÿπ∑’Ë Ÿß°«à“¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õ߇ߑπ≈ß∑ÿπ∑’Ë°≈ÿà¡∫√‘…—∑¡’ à«π·∫àß„π ‘π∑√—æ¬å ÿ∑∏‘¢Õß∫√‘…—∑¬àÕ¬À√◊Õ∫√‘…—∑√à«¡ ≥ «—π∑’Ë ◊ÈÕ°‘®°“√ §à“§«“¡π‘¬¡∑’ˇ°‘¥®“°°“√ ◊ÈÕ°‘®°“√· ¥ß‡ªìπ ‘π∑√—æ¬å‰¡à¡’µ—«µπ„πß∫¥ÿ≈√«¡·≈–µ—¥®”Àπà“¬‚¥¬„™â«‘∏’‡ âπµ√ßµ“¡√–¬–‡«≈“∑’˧“¥«à“®–°àÕ„À⇰‘¥ª√–‚¬™πå∑“߇»√…∞°‘®‚¥¬ª√–¡“≥µ—Èß·µà 20 ªï ∂÷ß 40 ªï

§à“§«“¡π‘¬¡µ‘¥≈∫‡°‘¥®“° à«π¢Õß¡Ÿ≈§à“¬ÿµ‘∏√√¡∑’Ë°≈ÿà¡∫√‘…—∑¡’ à«π·∫àß„π∑√—æ¬å ‘π ÿ∑∏‘∑’ˉ¥â¡“ Ÿß°«à“√“§“∑ÿπ §à“§«“¡π‘¬¡µ‘¥≈∫‰¥â· ¥ß‡ªìπ ‘π∑√—æ¬å‰¡à¡’µ—«µπ„πß∫¥ÿ≈√«¡ „π°√≥’∑’褈Ҥ«“¡π‘¬¡µ‘¥≈∫∑’Ë —¡æ—π∏å°—∫º≈¢“¥∑ÿπ·≈–§à“„™â®à“¬„πÕ𓧵‰¥â√–∫ÿÕ¬Ÿà„π·ºπ°“√ ◊ÈÕ∏ÿ√°‘®¢Õß°≈ÿà¡∫√‘…—∑·≈– “¡“√∂«—¥¡Ÿ≈§à“‰¥âÕ¬à“ßπà“‡™◊ËÕ∂◊Õ ·µà‰¡à‡ªìπÀπ’È ‘π∑’Ë√–∫ÿ‰¥â à«π¢Õß§à“§«“¡π‘¬¡µ‘¥≈∫¥—ß°≈à“«‰¥â∫—π∑÷°‡ªìπ√“¬‰¥â„πß∫°”‰√¢“¥∑ÿπ §à“§«“¡π‘¬¡µ‘¥≈∫ à«π∑’ˇÀ≈◊Õ ÷Ë߉¡à Ÿß°«à“¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õß ‘π∑√—æ¬å∑’ˉ¡à‡ªìπµ—«‡ß‘π∑’Ë√–∫ÿ‰¥â®–∫—π∑÷°‡ªìπ√“¬‰¥â„πß∫°”‰√¢“¥∑ÿπµ“¡‡°≥±å∑’ˇªìπ√–∫∫µ≈Õ¥Õ“¬ÿ°“√„™âß“π·≈–Õ“¬ÿ°“√„Àâ

2. π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠ (µàÕ)

2.10 ‡ß‘π≈ß∑ÿπÕ◊Ëπ (µàÕ)

Page 163: Annual Report 2005 EN

161√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

ª√–‚¬™πå∑’ˇÀ≈◊ÕÕ¬Ÿà¢Õß ‘π∑√—æ¬å‡ ◊ËÕ¡ ¿“æ∑’Ë√–∫ÿ‰¥â‚¥¬„™â®”π«π∂—«‡©≈’ˬ∂à«ßπÈ”Àπ—°¢ÕßÕ“¬ÿ°“√„™âß“π·≈–Õ“¬ÿ°“√„Àâª√–‚¬™π套߰≈à“«„π°“√§”π«≥ §à“§«“¡π‘¬¡µ‘¥≈∫ à«π∑’Ë Ÿß°«à“¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õß ‘π∑√—æ¬å∑’ˉ¡à‡ªìπµ—«‡ß‘π∑’Ë√–∫ÿ‰¥â∫—π∑÷°‡ªìπ√“¬‰¥â„πß∫°”‰√¢“¥∑ÿπ∑—π∑’

°≈ÿà¡∫√‘…—∑‰¥âæ‘®“√≥“∑∫∑«π¡Ÿ≈§à“¢Õß§à“§«“¡π‘¬¡∑’Ë· ¥ß„πß∫¥ÿ≈∑ÿ°ªï ·≈–‡¡◊ËÕ¡’¢âÕ∫àß™’È∑’Ë∑”„À⇙◊ËÕ‰¥â«à“Õ“®‡°‘¥°“√¥âÕ¬§à“¢÷Èπ °Á®–ª√–‡¡‘π·≈–ª√—∫≈¥¡Ÿ≈§à“¢Õß§à“§«“¡π‘¬¡‡æ◊ËÕ‰¡à„À⇰‘π¡Ÿ≈§à“∑’˧“¥«à“®–‰¥â√—∫§◊π

2.12 ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å

∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å√—∫√Ÿâ‡¡◊ËÕ‡√‘Ë¡·√°µ“¡√“§“∑ÿπ

§à“‡ ◊ËÕ¡√“§“§”π«≥‚¥¬«‘∏’‡ âπµ√ß ‡æ◊ËÕ≈¥√“§“µ“¡∫—≠™’¢Õß ‘π∑√—æ¬å·µà≈–™π‘¥ µ“¡Õ“¬ÿ°“√„™âß“π‚¥¬ª√–¡“≥¢Õß ‘π∑√—æ¬å¥—ßµàÕ‰ªπ’È ¬°‡«âπ∑’Ë¥‘π´÷Ëß¡’Õ“¬ÿ°“√„™âß“π‰¡à®”°—¥

‘∑∏‘°“√‡™à“ Õ“¬ÿ —≠≠“‡™à“ à«πª√—∫ª√ÿß ‘∑∏‘°“√‡™à“ Õ“¬ÿ —≠≠“‡™à“Õ“§“√·≈–Õÿª°√≥åª√–°Õ∫ Õ“¬ÿ —≠≠“‡™à“ 10 ªï, 20 ªï, 30 ªï ·≈– 40 ªï à«πª√—∫ª√ÿßÕ“§“√·≈– ‘π∑√—æ¬å‡™à“ Õ“¬ÿ —≠≠“‡™à“·≈– 10 ªï‡§√◊ËÕß®—°√·≈–Õÿª°√≥å 5-15 ªï‡§√◊ËÕßµ°·µàß µ‘¥µ—Èß·≈–Õÿª°√≥å ”π—°ß“π 5 ªï, 10 ªï ·≈– 15 ªïÕÿª°√≥åÕ◊Ëπ 5 ªï ·≈– 10 ªï¬“πæ“Àπ– 5 ªï

‡§√◊ËÕß„™â„π°“√¥”‡π‘π∏ÿ√°‘®‚√ß·√¡∑’Ë ◊ÈÕ¡“°àÕπªï æ.». 2543 · ¥ß„π√“§“∑ÿπ ÿ∑∏‘À≈—ß®“°À—°§à“‡ ◊ËÕ¡√“§“ – ¡ à«π ◊ÈÕ‡æ‘Ë¡‡µ‘¡µ—Èß·µàªï æ.». 2543 ‡ªìπµâπ‰ª®–∂◊Õ‡ªìπ‡§√◊ËÕß„™â„π‚√ß·√¡·≈–∂◊Õ‡ªìπ§à“„™â®à“¬∑—π∑’‡¡◊ËÕ¡’°“√‡∫‘°„™â

‡¡◊ËÕ¡’°“√ ◊ÈÕÕÿª°√≥å„π°“√¥”‡π‘πß“π·≈–‡§√◊ËÕß„™â„π§√—«¢Õß∏ÿ√°‘®¿—µµ“§“√Õ“À“√®–· ¥ß¥â«¬√“§“∑ÿπ ‚¥¬∑’ˬ—߉¡à¡’°“√§‘¥§à“‡ ◊ËÕ¡√“§“®π°√–∑—Ë߇¡◊ËÕ¡’°“√‡∫‘°§√—Èß·√°‡æ◊ËÕ„™â„π¿—µµ“§“√ ‚¥¬®–§‘¥§à“‡ ◊ËÕ¡√“§“µ“¡«‘∏’‡ âπµ√ßµ“¡Õ“¬ÿ°“√„™âß“π ‡ªìπ√–¬–‡«≈“ 5 ªï π—∫®“°«—π∑’ˇ√‘Ë¡„™â§√—Èß·√° °“√‡∫‘°„™â§√—ÈßµàÕ‰ª‡æ◊ËÕ°“√‡ª≈’ˬπ·∑π®–∂◊Õ‡ªìπ§à“„™â®à“¬∑—π∑’

„π°√≥’∑’Ë¡’°“√ª√—∫ª√ÿ߇ª≈’ˬπ√Ÿª·∫∫°“√µ°·µàߢÕß¿—µµ“§“√ §à“„™â®à“¬∑’ˇ°‘¥¢÷Èπ®–∫—π∑÷°‡ªìπ§à“ª√—∫ª√ÿßÕ“§“√À√◊Õ§à“ª√—∫ª√ÿß ‘π∑√—æ¬å‡™à“ ‚¥¬§‘¥§à“‡ ◊ËÕ¡√“§“¥â«¬«‘∏’‡ âπµ√ߥ⫬Փ¬ÿ∑’ˇÀ≈◊Õ¢Õß —≠≠“‡™à“Õ“§“√À√◊Õµ“¡Õ“¬ÿ°“√„™âß“π‚¥¬ª√–¡“≥ 3-7 ªï ·≈â«·µà√–¬–‡«≈“„¥®– —Èπ°«à“

„π°√≥’∑’Ë√“§“µ“¡∫—≠™’ Ÿß°«à“¡Ÿ≈§à“∑’˧“¥«à“®–‰¥â√—∫§◊π ÷Ëߧ”π«≥®“°¡Ÿ≈§à“ªí®®ÿ∫—π¢Õß°√–· ‡ß‘π ¥∑’˧“¥«à“®–‡°‘¥„πÕ𓧵®“°°“√„™â ‘π∑√—æ¬åÕ¬à“ßµàÕ‡π◊ËÕß À√◊Õ®”π«π∑’Ë®–‰¥â√—∫®“°°“√¢“¬ ‘π∑√—æ¬åÀ—°¥â«¬µâπ∑ÿπ®“°°“√®”Àπà“¬ ‘π∑√—æ¬åπ—Èπ·≈â«·µà®”π«π„¥®– Ÿß°«à“ √“§“µ“¡∫—≠™’®–∂Ÿ°ª√—∫≈¥„Àâ‡∑à“°—∫¡Ÿ≈§à“∑’˧“¥«à“®–‰¥â√—∫§◊π

°”‰√¢“¥∑ÿπ®“°°“√¢“¬∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥委π«≥‚¥¬°“√‡ª√’¬∫‡∑’¬∫®”π«π‡ß‘π∑’ˉ¥â√—∫®“°°“√®”Àπà“¬°—∫√“§“µ“¡∫—≠™’ ·≈–‰¥â√«¡Õ¬Ÿà„π°“√§”π«≥°”‰√®“°°“√¥”‡π‘πß“π

2. π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠ (µàÕ)

2.11 ‘π∑√—æ¬å‰¡à¡’µ—«µπ (µàÕ)

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

2. π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠ (µàÕ)

2.12 ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å (µàÕ)

µâπ∑ÿπ°“√°Ÿâ¬◊¡¢Õ߇ߑπ°Ÿâ∑’Ë„™â„π°“√°àÕ √â“ß ‘π∑√—æ¬å„À⇠√Á® ¡∫Ÿ√≥åÀ√◊Õ‡µ√’¬¡ ‘π∑√—æ¬å„ÀâÕ¬Ÿà„π ¿“ææ√âÕ¡∑’Ë®–„™âß“π‰¥âµ“¡ª√– ߧ剥â∫—π∑÷°√«¡‡ªìπ√“§“∑ÿπ¢Õß ‘π∑√—æ¬å µâπ∑ÿπ°“√°Ÿâ¬◊¡ª√–°Õ∫¥â«¬:

- ¥Õ°‡∫’Ȭ∑’ˇ°‘¥®“°‡ß‘π‡∫‘°‡°‘π∫—≠™’∏𓧓√ ·≈–®“°‡ß‘π°Ÿâ¬◊¡∑—Èß√–¬– —Èπ·≈–√–¬–¬“« √«¡∑—Èß¿“…’∑’ˇ°’ˬ«¢âÕß- ®”π«πµ—¥®”Àπà“¬¢Õß à«π≈¥À√◊Õ à«π‡°‘π∑’ˇ°’ˬ«°—∫°“√°Ÿâ¬◊¡- ®”π«πµ—¥®”Àπà“¬¢Õß√“¬®à“¬∑’ˇ°’ˬ«°—∫°“√®—¥°“√°Ÿâ¬◊¡- §à“„™â®à“¬∑“ß°“√‡ß‘π∑’ˇ°‘¥®“° —≠≠“‡™à“°“√‡ß‘π

Õ—µ√“°“√µ—Èߢ÷Èπ‡ªìπ∑ÿπ∑’Ë„™â§”π«≥µâπ∑ÿπ°“√°Ÿâ¬◊¡∑’Ë√«¡‡ªìπ√“§“∑ÿπ¢Õß ‘π∑√—æ¬å §◊Õ Õ—µ√“¥Õ°‡∫’Ȭ∂—«‡©≈’ˬ¢Õ߬ե‡ß‘π°Ÿâ„π√–À«à“ßªï „π°√≥’∑’ˇߑπ°Ÿâ¬◊¡‡°‘¥¢÷Èπ‚¥¬‡©æ“–‡æ◊ËÕ ◊ÈÕ °àÕ √â“ßÀ√◊Õº≈‘µ ‘π∑√—æ¬å ®”π«πµâπ∑ÿπ°“√°Ÿâ¬◊¡ ∑’Ë√«¡‡ªìπ√“§“∑ÿπ¢Õß ‘π∑√—æ¬å®–‡ªìπµâπ∑ÿπ°“√°Ÿâ¬◊¡∑’ˇ°‘¥®√‘ß„π√–À«à“ßß«¥¢Õ߇ߑπ°Ÿâπ—ÈπÀ—°¥â«¬√“¬‰¥â∑’ˇ°‘¥®“°°“√π”‡ß‘π°Ÿâ¥—ß°≈à“«‰ª≈ß∑ÿπ‡ªìπ°“√™—Ë«§√“«

°“√´àÕ¡·´¡·≈–∫”√ÿß√—°…“®–√—∫√Ÿâ„πß∫°”‰√¢“¥∑ÿπ„π√–À«à“ßß«¥∫—≠™’∑’ˇ°‘¥√“¬°“√¢÷Èπ µâπ∑ÿπ¢Õß°“√ª√—∫ª√ÿß„À⥒¢÷ÈπÕ¬à“ß ”§—≠®–∂Ÿ°√«¡‰«â„π√“§“µ“¡∫—≠™’¢Õß ‘π∑√—æ¬å‡¡◊ËÕ¡’§«“¡‡ªìπ‰ª‰¥â§àÕπ¢â“ß·πà∑’˪√–‚¬™π凙‘߇»√…∞°‘®„πÕ𓧵∑’Ë∫√‘…—∑®–‰¥â√—∫®“° ‘π∑√—æ¬åπ—Èπ‡æ‘Ë¡¢÷Èπ®“°¡“µ√∞“π°“√ªØ‘∫—µ‘ß“π¥—È߇¥‘¡¢Õß ‘π∑√—æ¬å∑’ˇ§¬ª√–‡¡‘π‰«âµ—Èß·µàµâπ‡¡◊ËÕ‰¥â¡“´÷Ëß ‘π∑√—æ¬å¥—ß°≈à“« °“√ª√—∫ª√ÿßÀ≈—°®–∂Ÿ°µ—¥§à“‡ ◊ËÕ¡√“§“µ≈Õ¥Õ“¬ÿ°“√„Àâª√–‚¬™πå∑’ˇÀ≈◊ÕÕ¬Ÿà¢Õß ‘π∑√—æ¬å∑’ˇ°’ˬ«¢âÕß §à“ àÕ¡·´¡·≈–§à“∫”√ÿß√—°…“√—∫√Ÿâ‡ªìπ§à“„™â®à“¬„π√Õ∫√–¬–‡«≈“∫—≠™’∑’ˇ°‘¥¢÷Èπ

2.13 °“√∫—≠™’ ”À√—∫ —≠≠“‡™à“√–¬–¬“«

°√≥’∑’Ë°≈ÿà¡∫√‘…—∑‡ªìπºŸâ‡™à“

—≠≠“‡™à“∑’Ë¥‘π Õ“§“√ ·≈–Õÿª°√≥å∑’˧«“¡‡ ’ˬ߷≈–º≈µÕ∫·∑π¢Õߧ«“¡‡ªìπ‡®â“¢Õß à«π„À≠à‰¥â‚Õπ‰ª„Àâ°—∫ºŸâ‡™à“∂◊Õ‡ªìπ —≠≠“‡™à“°“√‡ß‘π —≠≠“‡™à“°“√‡ß‘π®–∫—π∑÷°‡ªìπ√“¬®à“¬ΩÉ“¬∑ÿπµ“¡¡Ÿ≈§à“ªí®®ÿ∫—π ÿ∑∏‘¢Õß®”π«π‡ß‘π∑’˵âÕß®à“¬µ“¡ —≠≠“‡™à“‚¥¬®”π«π‡ß‘π∑’˵âÕß®à“¬®–ªíπ à«π√–À«à“ßÀπ’È ‘π·≈–§à“„™â®à“¬∑“ß°“√‡ß‘π‡æ◊ËÕ„À≥âÕ—µ√“¥Õ°‡∫’Ȭ§ß∑’˵àÕÀπ’È ‘π§ß§â“ßÕ¬Ÿà ¿“√–ºŸ°æ—πµ“¡ —≠≠“‡™à“À—°§à“„™â®à“¬∑“ß°“√‡ß‘π®–∫—π∑÷°‡ªìπÀπ’È ‘π√–¬–¬“« à«π¥Õ°‡∫’Ȭ®à“¬®–∫—π∑÷°„πß∫°”‰√¢“¥∑ÿπµ≈Õ¥Õ“¬ÿ¢Õß —≠≠“‡™à“ ‘π∑√—æ¬å∑’ˇ°‘¥®“° —≠≠“‡™à“°“√‡ß‘π®–§‘¥§à“‡ ◊ËÕ¡√“§“µ≈Õ¥Õ“¬ÿ°“√„™âß“π¢Õß ‘π∑√—æ¬åπ—Èπ

—≠≠“‡™à“ ‘π∑√—æ¬å‚¥¬∑’˧«“¡‡ ’ˬ߷≈–º≈µÕ∫·∑π¢Õߧ«“¡‡ªìπ‡®â“¢Õß à«π„À≠൰լŸà°—∫ºŸâ„Àâ‡™à“ ®–®—¥‡ªìπ —≠≠“‡™à“¥”‡π‘πß“π ‡ß‘π∑’˵âÕß®à“¬¿“¬„µâ —≠≠“‡™à“¥”‡π‘πß“π®–∫—π∑÷°„πß∫°”‰√¢“¥∑ÿπ‚¥¬„™â«‘∏’‡ âπµ√ßµ≈Õ¥Õ“¬ÿ¢Õß —≠≠“‡™à“π—Èπ

§à“„™â®à“¬∑’ˇ°‘¥¢÷Èπ®“°°“√¬°‡≈‘° —≠≠“‡™à“¥”‡π‘πß“π°àÕπÀ¡¥Õ“¬ÿ°“√‡™à“ ‡™àπ‡∫’Ȭª√—∫∑’˵âÕß®à“¬„Àⷰຟâ„Àâ‡™à“ ®–∫—π∑÷°‡ªìπ§à“„™â®à“¬„π√Õ∫√–¬–‡«≈“∫—≠™’∑’Ë°“√¬°‡≈‘°π—Èπ‡°‘¥¢÷Èπ

°√≥’∑’Ë°≈ÿà¡∫√‘…—∑‡ªìπºŸâ„Àâ‡™à“ —≠≠“‡™à“¥”‡π‘πß“π

‘π∑√—æ¬å ∑’Ë„Àâ‡™à“¿“¬„µâ —≠≠“‡™à“¥”‡π‘πß“π· ¥ß√«¡Õ¬Ÿà„π∑’Ë¥‘π Õ“§“√ ·≈–Õÿª°√≥å„πß∫¥ÿ≈ ·≈–µ—¥§à“‡ ◊ËÕ¡√“§“µ≈Õ¥Õ“¬ÿ°“√„™âß“π¢Õß ‘π∑√—æ¬å‡™àπ‡¥’¬«°—∫ ‘π∑√—æ¬å∂“«√∑’Ë¡’≈—°…≥–‡À¡◊Õπ°—π √“¬‰¥â§à“‡™à“√—∫√Ÿâ‚¥¬«‘∏’‡ âπµ√ßµ“¡√–¬–‡«≈“°“√„À⇙à“

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

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2.14 ª√–¡“≥°“√Àπ’È ‘π

°≈ÿà¡∫√‘…—∑®–∫—π∑÷°ª√–¡“≥°“√Àπ’È ‘π´÷Ë߉¡à√«¡∂÷ߪ√–¡“≥°“√Àπ’È ‘π ”À√—∫º≈µÕ∫·∑πæπ—°ß“π‡¡◊ËÕ‡°‘¥¿“√–ºŸ°æ—π„πªí®®ÿ∫—πµ“¡°ÆÀ¡“¬À√◊Õ‚¥¬Õπÿ¡“π®“°º≈ ◊∫‡π◊ËÕß¡“®“°‡Àµÿ°“√≥å„πÕ¥’µ ¿“√–ºŸ°æ—π¥—ß°≈à“«§“¥«à“®– àߺ≈„ÀâµâÕß„™â∑√—欓°√‡æ◊ËÕ®à“¬™”√–µ“¡¿“√–ºŸ°æ—π·≈– “¡“√∂ª√–¡“≥°“√®”π«π∑’˵âÕß®à“¬‰¥âÕ¬à“ßπà“‡™◊ËÕ∂◊Õ ‡¡◊ËÕ‰¥â®à“¬™”√–ª√–¡“≥°“√Àπ’È ‘π‰ª·≈â«À“°·πà„®«à“®–‰¥â√—∫§◊πÕ¬à“ß·πàπÕπ„Àâ∫—π∑÷°√“¬®à“¬∑’Ë®–‰¥â√—∫§◊π‡ªìπ ‘π∑√—æ¬å·¬°µà“ßÀ“°

2.15 °Õß∑ÿπ ”√Õ߇≈’Ȭߙ’æ

°≈ÿà¡∫√‘…—∑®—¥„Àâ¡’°Õß∑ÿπ ”√Õ߇≈’Ȭߙ’æ´÷Ë߇ªìπ≈—°…≥–¢Õß·ºπ°“√®à“¬ ¡∑∫µ“¡∑’ˉ¥â°”Àπ¥°“√®à“¬ ¡∑∫‰«â·≈â« ‘π∑√—æ¬å¢Õß°Õß∑ÿπ ”√Õ߇≈’Ȭߙ’扥ⷬ°ÕÕ°‰ª®“° ‘π∑√—æ¬å¢Õß°≈ÿà¡∫√‘…—∑ ·≈–‰¥â√—∫°“√∫√‘À“√‚¥¬ºŸâ®—¥°“√°Õß∑ÿπ¿“¬πÕ° °Õß∑ÿπ ”√Õ߇≈’Ȭߙ’楗߰≈à“«‰¥â√—∫‡ß‘π – ¡‡¢â“°Õß∑ÿπ®“°æπ—°ß“π·≈–‡ß‘π ¡∑∫®“°°≈ÿà¡∫√‘…—∑∑’ˇ°’ˬ«¢âÕß ‡ß‘π®à“¬ ¡∑∫°Õß∑ÿπ ”√Õ߇≈’Ȭߙ’æ∫—π∑÷°‡ªìπ§à“„™â®à“¬„πß∫°”‰√¢“¥∑ÿπ ”À√—∫√Õ∫√–¬–‡«≈“∫—≠™’∑’ˇ°‘¥√“¬°“√π—Èπ

2.16 ¿“…’‡ß‘π‰¥â√Õ°“√µ—¥∫—≠™’

°≈ÿà¡∫√‘…—∑‰¡à√—∫√Ÿâ¿“…’‡ß‘π‰¥â§â“ß®à“¬·≈–¿“…’‡ß‘π‰¥â§â“ß√—∫∑’Ë®–‡°‘¥¢÷Èπ„πÕ𓧵®“°º≈·µ°µà“ß™—Ë«§√“«√–À«à“ß∞“π¿“…’¢Õß∑√—æ¬å ‘π·≈–Àπ’È ‘π ·≈–¡Ÿ≈§à“µ“¡ß∫°“√‡ß‘π º≈·µ°µà“ß™—Ë«§√“«∑’Ë ”§—≠‡°‘¥®“°§à“‡ ◊ËÕ¡√“§“¢Õß∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å°“√µ—Èß ”√Õß§à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ §à“‡º◊ËÕ ‘π§â“≈â“ ¡—¬ §à“‡º◊ËÕ°“√¥âÕ¬§à“¢Õß ‘π∑√—æ¬å ¬Õ¥¬°¡“¢Õߺ≈¢“¥∑ÿπ∑“ß¿“…’·≈–º≈µà“ß√–À«à“ß¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õß ‘π∑√—æ¬å∑’ˉ¥â¡“·≈–∞“π¿“…’

2.17 „∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠

„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’ˇ πÕ¢“¬·°àºŸâ∂◊ÕÀÿâπ‡¥‘¡

∫√‘…—∑‰¥â‡ πÕ¢“¬„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠„Àⷰຟâ∂◊ÕÀÿâπ‡¥‘¡ ‡ß‘π ¥√—∫®“°°“√¢“¬„∫ ”§—≠· ¥ß ‘∑∏‘¥—ß°≈à“«À≈—ß®“°À—°§à“„™â®à“¬∑’ˇ°’ˬ«¢âÕß·≈⫉¥â· ¥ß‰«â¿“¬„µâÀ—«¢âÕ ç„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠é „π à«π¢ÕߺŸâ∂◊ÕÀÿâπ “¡—≠

„π°√≥’∑’Ë∫√‘…—∑À√◊Õ∫√‘…—∑¬àÕ¬ ◊ÈÕ„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑‡Õß ®”π«π‡ß‘πµ“¡¡Ÿ≈§à“∑’˵√“‰«â¢Õß„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠®–· ¥ßÀ—°®“° à«π¢ÕߺŸâ∂◊ÕÀÿâπ “¡—≠¿“¬„µâÀ—«¢âÕ ç„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’Ë∂◊Õ‚¥¬∫√‘…—∑é À√◊Õ ç„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’Ë∂◊Õ‚¥¬°≈ÿà¡∫√‘…—∑é µ“¡≈”¥—∫ ®”π«π‡ß‘π∑’Ë®à“¬ ◊ÈÕ‡©æ“– à«π∑’ˇ°‘π¡Ÿ≈§à“∑’˵√“‰«â¢Õß„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠®–· ¥ß‡ªìπ à«π‡°‘π¡Ÿ≈§à“¿“¬„µâÀ—«¢âÕ ç à«π‡°‘π„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’Ë∂◊Õ‚¥¬∫√‘…—∑é À√◊Õ ç à«π‡°‘π¡Ÿ≈§à“„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’Ë∂◊Õ‚¥¬°≈ÿà¡∫√‘…—∑é µ“¡≈”¥—∫

„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’ˇ πÕ„Àâ·°à°√√¡°“√·≈–æπ—°ß“π¢Õß∫√‘…—∑·≈–/À√◊Õ∫√‘…—∑¬àÕ¬

æπ—°ß“π·≈–ºŸâ∫√‘À“√®”π«πÀπ÷ËߢÕß°≈ÿà¡∫√‘…—∑‰¥â√—∫°“√Õπÿ¡—µ‘®—¥ √√„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ „π°√≥’∑’Ë¡’°“√®—¥ √√„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ ®–‰¡à√—∫√Ÿâ‡ªìπ§à“„™â®à“¬„πß∫°”‰√¢“¥∑ÿπ ‡¡◊ËÕ¡’°“√„™â ‘∑∏‘„π„∫ ”§—≠· ¥ß ‘∑∏‘¥—ß°≈à“« ‡ß‘π∑’ˉ¥â√—∫®“°°“√„™â ‘∑∏‘µ“¡„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠À—°¥â«¬§à“„™â®à“¬∑’ˇ°‘¥¢÷Èπ®–∫—π∑÷°‡ªìπ∑ÿπ‡√◊ÕπÀÿâπ

2. π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠ (µàÕ)

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

2.18 °“√√—∫√Ÿâ√“¬‰¥â

√“¬‰¥â®“°°“√ª√–°Õ∫°‘®°“√‚√ß·√¡‚¥¬ à«π„À≠àª√–°Õ∫¥â«¬ √“¬‰¥â§à“ÀâÕßæ—° §à“¢“¬Õ“À“√ ·≈–‡§√◊ËÕߥ◊Ë¡ ·≈–∫√‘°“√∑’ˇ°’ˬ«¢âÕßÕ◊Ëπ®–∫—π∑÷°‡ªìπ√“¬‰¥â‡¡◊ËÕ‰¥â„Àâ∫√‘°“√·≈â«

√“¬‰¥â§à“¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡„π¿—µµ“§“√√—∫√Ÿâ‡ªìπ√“¬‰¥â‡¡◊ËÕ àߢÕß·≈–„Àâ∫√‘°“√·≈â«∑’Ë®”π«π ÿ∑∏‘®“°¿“…’¢“¬·≈– à«π≈¥

√“¬‰¥â§à“‡™à“®“°°‘®°“√»Ÿπ¬å°“√§â“·≈–Õ —ßÀ“√‘¡∑√—æ¬å®–√—∫√Ÿâ‡ªìπ√“¬‰¥âµ“¡Õ—µ√“∑’Ë√–∫ÿ„π —≠≠“‡™à“ √“¬‰¥â§à“‡™à“√—∫≈à«ßÀπâ“®–√—∫√Ÿâ‡ªìπ√“¬‰¥â„π®”π«π∑’ˇ∑à“ Ê °—π µ≈Õ¥√–¬–‡«≈“¢Õß —≠≠“‡™à“

√“¬‰¥â®“°°‘®°“√∫—π‡∑‘ß®–√—∫√Ÿâ‡ªìπ√“¬‰¥â‡¡◊ËÕ¡’°“√· ¥ß

√“¬‰¥â®“°°‘®°“√®—¥°“√‚√ß·√¡·≈–∏ÿ√°‘®∫—π‡∑‘ß ®–√—∫√Ÿâ‡ªìπ√“¬‰¥â‡¡◊ËÕ‰¥â„Àâ∫√‘°“√·≈â«

√“¬‰¥â®“°∏ÿ√°‘®§â“ª≈’°· ¥ß¡Ÿ≈§à“µ“¡„∫°”°—∫ ‘π§â“¢Õß ‘π§â“∑’ˉ¥â àß¡Õ∫À≈—ß®“°À—° à«π≈¥ ‚¥¬√—∫√Ÿâ‡¡◊ËÕ¡’°“√ àß¡Õ∫ ‘π§â“„Àâ≈Ÿ°§â“

√“¬‰¥âÕ◊Ëπ√—∫√Ÿâµ“¡‡°≥±å¥—ßµàÕ‰ªπ’È- √“¬‰¥â§à“ ‘∑∏‘ ·ø√π‰™ å·≈–§à“‡™à“ - √—∫√Ÿâµ“¡‡°≥±å§ß§â“ß ÷Ë߇ªìπ‰ªµ“¡‡π◊ÈÕÀ“¢Õß —≠≠“∑’ˇ°’ˬ«¢âÕß- √“¬‰¥â¥Õ°‡∫’Ȭ - √—∫√Ÿâµ“¡‡°≥±å§ß§â“ß ‡«âπ·µà®–¡’§«“¡‰¡à·πàπÕπ„π°“√√—∫™”√–- √“¬‰¥â‡ß‘πªíπº≈ - √—∫√Ÿâ‡¡◊ËÕºŸâ∂◊ÕÀÿâπ¡’ ‘∑∏‘‰¥â√—∫‡ß‘πªíπº≈- √“¬‰¥â√—∫≈à«ßÀπâ“ - √—∫√Ÿâµ“¡‡°≥±å§ß§â“ß ÷Ë߇ªìπ‰ªµ“¡‡π◊ÈÕÀ“¢Õß —≠≠“∑’ˇ°’ˬ«¢âÕß

2.19 ∫ÿ§§≈À√◊Õ°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π

∫ÿ§§≈À√◊Õ°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π À¡“¬∂÷ß ∫ÿ§§≈À√◊Õ°‘®°“√∑’Ë¡’Õ”π“®§«∫§ÿ¡À√◊Õ∂Ÿ°§«∫§ÿ¡‰¡à«à“®–‡ªìπ‚¥¬∑“ßµ√ßÀ√◊Õ∑“ßÕâÕ¡´÷Ëß°√–∑”ºà“π∫√‘…—∑∑’Ë∑”Àπâ“∑’Ë∂◊ÕÀÿâπ ∫√‘…—∑¬àÕ¬ ·≈–°‘®°“√∑’ˇªìπ∫√‘…—∑¬àÕ¬„π‡§√◊Õ‡¥’¬«°—π πÕ°®“°π’È°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π¬—ß√«¡§«“¡∂÷ß ∫√‘…—∑√à«¡·≈–∫ÿ§§≈∑’Ë¡’Õ‘∑∏‘æ≈Õ¬à“߇ªìπ “√– ”§—≠°—∫°‘®°“√‰¡à«à“®–‡ªìπ ‚¥¬∑“ßµ√ßÀ√◊Õ∑“ßÕâÕ¡ ºŸâ∫√‘À“√ ”§—≠ °√√¡°“√À√◊Õæπ—°ß“π¢Õß°‘®°“√√«¡µ≈Õ¥∑—Èß ¡“™‘°„π§√Õ∫§√—«∑’Ë„°≈♑¥°—∫∫ÿ§§≈¥—ß°≈à“« ÷Ëß¡’Õ”π“®™—°®Ÿß À√◊ÕÕ“®∂Ÿ°™—°®Ÿß„ÀâªØ‘∫—µ‘µ“¡∫ÿ§§≈¥—ß°≈à“« ·≈–°‘®°“√∑’ˇ°’ˬ«¢âÕß°—∫∫ÿ§§≈¢â“ßµâπ

„π°“√æ‘®“√≥“§«“¡ —¡æ—π∏å√–À«à“ß∫ÿ§§≈À√◊Õ°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π·µà≈–√“¬°“√ °≈ÿà¡∫√‘…—∑§”π÷ß∂÷߇π◊ÈÕÀ“¢Õߧ«“¡ —¡æ—π∏å¡“°°«à“√Ÿª·∫∫∑“ß°ÆÀ¡“¬

2.20 ¢âÕ¡Ÿ≈‡ª√’¬∫‡∑’¬∫

¢âÕ¡Ÿ≈∑’Ëπ”¡“· ¥ß‡ª√’¬∫‡∑’¬∫‰¥â¡’°“√ª√—∫ª√ÿ߇æ◊ËÕ„À⇪√’¬∫‡∑’¬∫‰¥â°—∫°“√· ¥ß√“¬°“√∑’ˇª≈’ˬπ·ª≈߉ª„πªïªí®®ÿ∫—π

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

2. π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠ (µàÕ)

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165√“¬ß“πª√–®”ªï 2548

∫√‘…

—∑ ‰¡‡π

Õ√å Õ‘π‡µÕ√å‡π

™—Ëπ·π

≈ ®”°—¥ (¡À“™π

)

3. ¢âÕ¡Ÿ≈∑“ß°“√‡ß‘𮔷𰵓¡ à«πß“π

°≈ÿà¡∫√‘…—∑·≈–∫√‘…—∑¥”‡π‘π∏ÿ√°‘®„πª√–‡∑»‰∑¬„πÀ≈“¬∏ÿ√°‘® ¢âÕ¡Ÿ≈∑“ß°“√‡ß‘𮔷𰵓¡ à«πß“π¢Õßß∫°“√‡ß‘π√«¡¡’¥—ßµàÕ‰ªπ’È :

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ (≈â“π∫“∑)

∏ÿ√°‘®¢“¬∏ÿ√°‘®„Àâ‡™à“ Õ“À“√·≈– ∏ÿ√°‘®≈ß∑ÿπ √“¬°“√

∏ÿ√°‘®‚√ß·√¡ »Ÿπ¬å°“√§â“ ∏ÿ√°‘®∫—π‡∑‘ß ∏ÿ√°‘® ª“ ‡§√◊ËÕߥ◊Ë¡ ∏ÿ√°‘®°“√®—¥°“√ ∏ÿ√°‘®æ—≤π“∑’Ë¥‘π „π∫√‘…—∑Õ◊Ëπ √–À«à“ß°—π √«¡2548 2547 2548 2547 2548 2547 2548 2547 2548 2547 2548 2547 2548 2547 2548 2547 2548 2547 2548 2547

√“¬‰¥â 4,358 2,842 446 382 88 52 316 297 4,794 4,356 171 120 - - - - (285) (229) 9,888 7,820°”‰√¢—Èπµâπ 2,949 1,893 336 292 50 26 125 134 3,091 2,759 171 120 - - - - (176) (130) 6,546 5,094√“¬‰¥âÕ◊Ëπ 530 408°”‰√(¢“¥∑ÿπ)®“°Õ—µ√“·≈°‡ª≈’ˬπ‡ß‘πµ√“µà“ߪ√–‡∑» 2 (14)§à“„™â®à“¬„π°“√¢“¬·≈–∫√‘À“√ (5,318) (4,275) ¥Õ°‡∫’Ȭ®à“¬ (280) (218)°”‰√°àÕπ¿“…’‡ß‘π‰¥â 1,480 995¿“…’‡ß‘π‰¥â (357) (215)°”‰√°àÕπ à«π¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬ 1,123 780°”‰√ à«π∑’ˇªìπ¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬ - ÿ∑∏‘ (62) (68)°”‰√ ÿ∑∏‘ ”À√—∫ªï 1,061 712

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ (≈â“π∫“∑)

∏ÿ√°‘®¢“¬∏ÿ√°‘®„Àâ‡™à“ Õ“À“√·≈– ∏ÿ√°‘®≈ß∑ÿπ √“¬°“√

∏ÿ√°‘®‚√ß·√¡ »Ÿπ¬å°“√§â“ ∏ÿ√°‘®∫—π‡∑‘ß ∏ÿ√°‘® ª“ ‡§√◊ËÕߥ◊Ë¡ ∏ÿ√°‘®°“√®—¥°“√ ∏ÿ√°‘®æ—≤π“∑’Ë¥‘π „π∫√‘…—∑Õ◊Ëπ √–À«à“ß°—π √«¡2548 2547 2548 2547 2548 2547 2548 2547 2548 2547 2548 2547 2548 2547 2548 2547 2548 2547 2548 2547

∑’Ë¥‘π√Õ°“√æ—≤π“ 230 19 15 - - - - - - - - - 738 151 - - (124) - 859 170∑’Ë¥‘πÕ“§“√·≈–Õÿª°√≥å 7,205 7,454 660 680 65 74 77 77 2,210 1,838 3 3 - - 2 2 - - 10,222 10,128 ‘π∑√—æ¬åÕ◊Ëπ 11,344 9,239 572 579 4 5 161 120 2,654 1,675 506 476 76 15 1,337 2,011 (12,290) (10,337) 4,364 3,783√«¡ ‘π∑√—æ¬å 18,779 16,712 1,247 1,259 69 79 238 197 4,864 3,513 509 479 814 166 1,339 2,013 (12,414) (10,337) 15,445 14,081

‡®â“Àπ’È°“√§â“ 194 200 2 5 - - 5 5 435 311 1 - 1 - - - - - 638 521‡ß‘π°Ÿâ¬◊¡√–¬–¬“« 3,954 3,436 - - 25 50 131 45 646 794 276 350 667 58 725 1,234 (3,798) (2,937) 2,626 3,030Àÿâπ°Ÿâ 3,769 2,881 - - - - - - - - - - - - - - - - 3,769 2,881Àπ’È ‘πÕ◊Ëπ 1,953 1,732 980 1,060 7 6 47 46 632 425 27 15 61 7 140 128 (1,373) (1,426) 2,474 1,993

√«¡Àπ’È ‘π 9,870 8,249 982 1,065 32 56 183 96 1,713 1,530 304 365 729 65 865 1,362 (5,171) (4,363) 9,507 8,425

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

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166 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

5. ‡ß‘π≈ß∑ÿπ√–¬– —Èπß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

√“§“µ“¡∫—≠™’µâπªï - ÿ∑∏‘ 252,840,623 3,847,209 - 282,165‡ß‘π≈ß∑ÿπ∑’ˇæ‘Ë¡¢÷Èπ®“°°“√√«¡ß∫°“√‡ß‘π¢Õß RHC - 162,615,742 - -‡ß‘π≈ß∑ÿπ∑’ˇæ‘Ë¡¢÷Èπ®“°°“√√«¡ß∫°“√‡ß‘π¢Õß RGD - 15,626,421 - -‡æ‘Ë¡¢÷Èπ(≈¥≈ß)√–À«à“ߪï (4,905,890) 70,683,698 - (280,000)°“√‡ª≈’ˬπ·ª≈ß¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õ߇ߑπ≈ß∑ÿπ 1,874,549 67,553 - (2,165)√“§“µ“¡∫—≠™’ª≈“¬ªï - ÿ∑∏‘ 249,809,282 252,840,623 - -

‡ß‘π≈ß∑ÿπ√–¬– —Èπ‡ªìπ‡ß‘π≈ß∑ÿπ„π°Õß∑ÿπ à«π∫ÿ§§≈ ·≈–‡ß‘πΩ“°ª√–®”°—∫ ∂“∫—π°“√‡ß‘π ÷Ëß¡’°”Àπ¥√–¬–‡«≈“‡°‘π 3 ‡¥◊Õπ

4. ‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

‡ß‘π ¥ 65,964,211 178,624,754 1,768,289 1,428,646‡ß‘πΩ“°∏𓧓√ª√–‡¿∑®à“¬§◊π‡¡◊ËÕ∑«ß∂“¡ 267,767,850 257,083,775 7,783,997 8,620,607µ—Ϋ·≈°‡ß‘π - 180,000,000 - -√«¡‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ 333,732,061 615,708,529 9,552,286 10,049,253

Õ—µ√“¥Õ°‡∫’Ȭ‡ß‘πΩ“°∏𓧓√·≈–µ—Ϋ·≈°‡ß‘π¡’Õ—µ√“∂—«‡©≈’ˬª√–¡“≥√âÕ¬≈– 0.25 ∂÷ß 1.00 µàÕªï (æ.». 2547 : √âÕ¬≈– 0.25 ∂÷ß 1.50 µàÕªï)

6. ≈Ÿ°Àπ’È°“√§â“ - ÿ∑∏‘ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

≈Ÿ°Àπ’È°“√§â“ 509,610,094 446,181,270 36,620,702 31,830,344À—° : §à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ (4,953,283) (5,134,483) (875,976) (595,976)≈Ÿ°Àπ’È°“√§â“ - ÿ∑∏‘ 504,656,811 441,046,787 35,744,726 31,234,368

≈Ÿ°Àπ’È°“√§â“¢â“ßµâπ‰¥â√«¡≈Ÿ°Àπ’È∑’Ë¡’ªí≠À“„π°“√™”√–Àπ’È °≈ÿà¡∫√‘…—∑‰¥âµ—Èß§à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ ”À√—∫≈Ÿ°Àπ’È°“√§â“‡À≈à“π’È·≈â« ¬Õ¥§ß‡À≈◊Õ¢Õß≈Ÿ°Àπ’È°“√§â“ “¡“√∂®”·π°µ“¡Õ“¬ÿÀπ’ȉ¥â¥—ßπ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

¬—߉¡à∂÷ß°”Àπ¥™”√– 331,089,893 324,613,689 26,234,434 24,611,852§â“ß™”√–

πâÕ¬°«à“ 90 «—π 117,567,671 94,737,013 7,894,104 6,406,38391 -180 «—π 55,938,284 14,658,308 548,356 595,933¡“°°«à“ 181 «—π 5,014,246 12,172,260 1,943,808 216,176

≈Ÿ°Àπ’È°“√§â“ 509,610,094 446,181,270 36,620,702 31,830,344À—° §à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ (4,953,283) (5,134,483) (875,976) (595,976)≈Ÿ°Àπ’È°“√§â“ - ÿ∑∏‘ 504,656,811 441,046,787 35,744,726 31,234,368

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

8. ‘π∑√—æ¬åÀ¡ÿπ‡«’¬πÕ◊Ëπß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

≈Ÿ°Àπ’ÈÕ◊Ëπ 74,776,365 74,022,836 3,352,091 947,513§à“„™â®à“¬®à“¬≈à«ßÀπâ“ 71,400,341 52,191,423 4,697,886 3,283,630¿“…’‡ß‘π‰¥â®à“¬≈à«ßÀπâ“ 38,549,383 66,323,377 - 7,150‡ß‘π®à“¬≈à«ßÀπâ“ ”À√—∫§à“°àÕ √â“ß 60,105,455 18,673,399 - - ‘π∑√—æ¬å‡æ◊ËÕ¢¬“¬°“√¥”‡π‘πß“π - 385,199 - -Õ◊Ëπ Ê 104,901,510 47,991,954 1,322,571 928,673√«¡ ‘π∑√—æ¬åÀ¡ÿπ‡«’¬πÕ◊Ëπ 349,733,054 259,588,188 9,372,548 5,166,966

7. ‘π§â“§ß‡À≈◊Õ - ÿ∑∏‘ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ 36,087,790 29,914,501 1,432,839 1,342,029Õÿª°√≥å„™â„π°“√¥”‡π‘πß“π 3,985,947 7,313,773 - - ‘π§â“ ”‡√Á®√Ÿª 32,010,484 38,428,979 - -«— ¥ÿ ‘Èπ‡ª≈◊Õß 53,301,369 42,586,333 1,912,164 1,428,460«—µ∂ÿ¥‘∫ 211,982,554 138,689,927 - -Õ◊Ëπ Ê 5,266,343 4,679,822 - -

342,634,487 261,613,335 3,345,003 2,770,489À—° §à“‡º◊ËÕ ‘π§â“≈â“ ¡—¬ (2,509,837) (4,321,866) - - ‘π§â“§ß‡À≈◊Õ - ÿ∑∏‘ 340,124,650 257,291,469 3,345,003 2,770,489

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

9. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

∫√‘…—∑¬àÕ¬ - - 7,907,987,590 6,651,381,221∫√‘…—∑√à«¡ 301,954,123 126,911,919 180,941,672 91,251,171√«¡‡ß‘π≈ß∑ÿπ ÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ 301,954,123 126,911,919 8,088,929,262 6,742,632,392

°) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547∫“∑ ∫“∑

√“§“µ“¡∫—≠™’µâπªï - ÿ∑∏‘ 6,651,381,221 4,387,608,054¬Õ¥§ß‡À≈◊Õµâπªï - à«π‰¥â‡ ’¬∑’ˇ°‘π‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ (37,654,392) (1,857,029)‚Õπ®“°‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡‡ªìπ∫√‘…—∑¬àÕ¬ (RHC) - 1,015,944,956≈ß∑ÿπ‡æ‘Ë¡√–À«à“ߪï 538,235,729 617,125,070°“√®—¥ √√§◊π∑ÿπ¢ÕßÀπ૬≈ß∑ÿπ„π°Õß∑ÿπ√«¡Õ —ßÀ“√‘¡∑√—æ¬å (94,535,835) (36,491,000) à«π·∫àß°”‰√„π∫√‘…—∑¬àÕ¬ - ÿ∑∏‘ 999,762,963 611,360,436„∫ ”§—≠· ¥ß ‘∑∏‘∑’ËÕÕ°‚¥¬∫√‘…—∑¬àÕ¬∑’ËÀ¡¥Õ“¬ÿ·≈â« - 104,789,201 à«πª√—∫ª√ÿß®“°°“√·ª≈ߧà“ß∫°“√‡ß‘π∑’ˇªìπ‡ß‘πµ√“µà“ߪ√–‡∑» 18,400,193 3,967,711°“√‡ª≈’ˬπ·ª≈ß„π à«π‡°‘π∑ÿπ®“°°“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡¢ÕßÀ≈—°∑√—æ¬å‡º◊ËÕ¢“¬„π∫√‘…—∑¬àÕ¬ 82,662,272 26,964,070

‡ß‘πªíπº≈√—∫ (357,741,546) (131,199,704)‡ß‘πªíπº≈√—∫∑’Ë∫√‘…—∑¬àÕ¬‰¥â√—∫®“°°“√∂◊ÕÀÿâπ∫√‘…—∑„À≠à (À¡“¬‡Àµÿ 27) 18,196,123 14,701,309√—∫√Ÿâ à«π·∫àߢ“¥∑ÿπ„π∫√‘…—∑√à«¡∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬ (À¡“¬‡Àµÿ 9 ¢) - (4,343,400)√—∫√Ÿâ à«π·∫àߢ“¥∑ÿπ„π∫√‘…—∑¬àÕ¬∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬ (12,781,482) -√—∫√Ÿâ°”‰√®“°°“√¢“¬„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑‚¥¬∫√‘…—∑¬àÕ¬ 19,711,121 -‚Õπ°≈—∫¢“¥∑ÿπ®“°°“√¢“¬„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑¬àÕ¬ - 5,157,155¬Õ¥§ß‡À≈◊Õª≈“¬ªï - à«π‰¥â‡ ’¬ à«π∑’ˇ°‘π‡ß‘π≈ß∑ÿπ¢Õß∫√‘…—∑¬àÕ¬ 82,351,223 37,654,392√“§“µ“¡∫—≠™’ª≈“¬ªï - ÿ∑∏‘ 7,907,987,590 6,651,381,221

‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬∑—ÈßÀ¡¥‡ªìπ‡ß‘π≈ß∑ÿπ„πÀÿâπ “¡—≠¢Õß∫√‘…—∑¬àÕ¬·≈–Àπ૬≈ß∑ÿπ„π°Õß∑ÿπ√«¡Õ —ßÀ“√‘¡∑√—æ¬å

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169√“¬ß“πª√–®”ªï 2548

∫√‘…

—∑ ‰¡‡π

Õ√å Õ‘π‡µÕ√å‡π

™—Ëπ·π

≈ ®”°—¥ (¡À“™π

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√‘…—∑

‰¡‡πÕ√å Õ‘π

‡µÕ√å‡π™—Ëπ

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“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ - «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548®—¥µ—Èߢ÷Èπ ≈—°…≥– ∑ÿπ∑’Ë™”√–·≈â« —¥ à«π¢Õß°“√ «‘∏’√“§“∑ÿπ «‘∏’ à«π‰¥â‡ ’¬ ‡ß‘πªíπº≈

ª√–‡¿∑∏ÿ√°‘® „πª√–‡∑» §«“¡ —¡æ—π∏å ≈â“π∫“∑ ∂◊ÕÀÿâπ (√âÕ¬≈–) ∫“∑ ∫“∑ ∫“∑

∫√‘…—∑ ‡®â“æ√–¬“ √’´Õ√å∑ ®”°—¥ ‚√ß·√¡·≈–»Ÿπ¬å°“√§â“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 450 81.24 625,811,571 727,596,211 53,617,685∫√‘…—∑ À—«À‘π √’´Õ√å∑ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 200 100 230,967,920 478,581,793 -∫√‘…—∑ ·¡à√‘¡‡∑Õ‡√´ √’´Õ√å∑ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 300 45.30 (1) 161,418,899 261,508,559 2,718,740∫√‘…—∑ ∫â“π‚∫√“≥‡™’¬ß√“¬ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 165 100 145,550,878 119,999,310 -∫√‘…—∑ √Õ¬—≈ °“√凥âπ ¥’‡«≈≈Õª‡¡âπ∑å ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 700 100 929,262,397 1,042,688,564 -∫√‘…—∑ √Õ¬—≈°“√凥âπ æ≈“´à“ ®”°—¥ »Ÿπ¬å°“√§â“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 75 100 75,000,000 203,806,630 -∫√‘…—∑ √Õ¬—≈°“√凥âπ ‡ÕÁπ‡µÕ√å‡∑π‡¡âπ∑å ®”°—¥ ∏ÿ√°‘®∫—π‡∑‘ß ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 10 100 10,000,000 37,159,568 -∫√‘…—∑ ‡ÕÁ¡ ª“ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (MST) ∏ÿ√°‘® ª“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 41 51 (3) 20,910,000 27,712,810 54,054,700

(‡¥‘¡™◊ËÕ ç∫√‘…—∑ ¡—π¥“√“ ª“ (‰∑¬·≈π¥å) ®”°—¥é)∫√‘…—∑ √Õ¬—≈°“√凥âπ ‚Œ‡∑≈ ·¡‡πÁ®‡¡âπ∑å ®”°—¥ ∫√‘À“√‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 17 100 93,500,000 76,354,642 -RGR International Limited ∫√‘À“√ß“π À¡Ÿà‡°“–∫√‘µ‘™ ºŸâ∂◊ÕÀÿâπ 2.6 100 2,586,000 154,377,860 -

‡«Õ√宑π (100,000 ‡À√’¬≠ À√—∞œ)∫√‘…—∑ Õ“√å‡ÕÁπ‡Õ ‚Œ≈¥‘Èß ®”°—¥ ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 420 72.39 304,042,200 42,340,764 -∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) (MFG) ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 327 99.67 2,300,921,647 3,340,669,854 -∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π) (RHC) ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 450 49.30 (4) 774,723,314 1,078,867,532 33,278,348∫√‘…—∑ ‡ÕÁ¡‰Õ ·§«√å ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 1 100 1,000,000 913,188∫√‘…—∑ ¡ÿ¬ ∫’™ ‡√ ´‘‡¥âπ∑å ®”°—¥ ¢“¬Õ —ßÀ“√‘¡∑√—æ¬å ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 1 100 1,000,000 939,930°Õß∑ÿπ√«¡Õ —ßÀ“√‘¡∑√—æ¬å ∑√—æ¬å∑«’ ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 50 99.86 (5) 49,930,000 49,932,274 33,969,706

°Õß∑ÿπ√«¡∫√‘À“√ ‘π∑√—æ¬å‰∑¬ ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 265(2)

100 264,523,259 264,538,101 97,710,345√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ 5,991,148,085 7,907,987,590 275,349,524

°Õß∑ÿπ√«¡‰∑¬‚ª√‡®Á§∑å æ√ÁÕæ‡æÕ√åµ’È øíπ¥å ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 75 99.90 74,797,460 (37,600,211) 82,392,022∫√‘…—∑ ¡ÿ¬√’ Õ√å∑ ·Õπ¥å ª“ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 10 100 10,000,000 (17,163,533) -R.G.E. (HKG) Limited ∫√‘À“√ß“π ª√–‡∑»ŒàÕß°ß ºŸâ∂◊ÕÀÿâπ 0.5 100 542,740 (24,350,250) -

(100,000 ‡À√’¬≠ŒàÕß°ß)∫√‘…—∑ ¡ÿ¬ «‘≈‡≈® ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 1 99.93 999,300 (3,237,229) -√«¡ à«π‰¥â‡ ’¬∑’ˇ°‘π‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ 86,339,500 (82,351,223) 82,392,022

(1) —¥ à«π°“√∂◊ÕÀÿâπ √âÕ¬≈– 45.30 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßµ√ß„π∫√‘…—∑ ·¡à√‘¡‡∑Õ‡√´ √’ Õ√å∑ ®”°—¥ Õ’°√âÕ¬≈– 23.65 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßÕâÕ¡ºà“π∫√‘…—∑¬àÕ¬(2) ∑ÿπ™”√–·≈â«¢Õß°Õß∑ÿπ√«¡∫√‘À“√ ‘π∑√—æ¬å‰∑¬ ‡ªìπ°“√≈ß∑ÿπ„πÀπ૬≈ß∑ÿπª√–‡¿∑ § ·≈–ª√–‡¿∑ ß(3) —¥ à«π°“√∂◊ÕÀÿâπ √âÕ¬≈– 51 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßµ√ß„π MST Õ’°√âÕ¬≈– 49 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßÕâÕ¡ºà“π∫√‘…—∑¬àÕ¬(4) —¥ à«π°“√∂◊ÕÀÿâπ √âÕ¬≈– 49.3 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßµ√ß„π RHC Õ’°√âÕ¬≈– 41.53 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßÕâÕ¡ºà“π∫√‘…—∑¬àÕ¬(5) —¥ à«π°“√∂◊ÕÀÿâπ √âÕ¬≈– 99.86 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßµ√ß„π°Õß∑ÿπ√«¡Õ —ßÀ“√‘¡∑√—æ¬å ∑√—æ¬å∑«’ Õ’°√âÕ¬≈– 0.14 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßÕâÕ¡ºà“π∫√‘…—∑¬àÕ¬ ∑ÿπ™”√–·≈â«¢Õß°Õß∑ÿπ√«¡Õ —ßÀ“√‘¡∑√—æ¬å ∑√—æ¬å∑«’ ‡ªìπ°“√≈ß∑ÿπ„πÀπ૬≈ß∑ÿπª√–‡¿∑ ¢ ·≈–ª√–‡¿∑ §

9. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ (µàÕ)

°) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ (µàÕ)

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170√“¬ß“πª√–®”ªï 2548

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ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ - «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547®—¥µ—Èߢ÷Èπ ≈—°…≥– ∑ÿπ∑’Ë™”√–·≈â« —¥ à«π¢Õß°“√ «‘∏’√“§“∑ÿπ «‘∏’ à«π‰¥â‡ ’¬ ‡ß‘πªíπº≈

ª√–‡¿∑∏ÿ√°‘® „πª√–‡∑» §«“¡ —¡æ—π∏å ≈â“π∫“∑ ∂◊ÕÀÿâπ (√âÕ¬≈–) ∫“∑ ∫“∑ ∫“∑

∫√‘…—∑ ‡®â“æ√–¬“ √’´Õ√å∑ ®”°—¥ ‚√ß·√¡·≈–»Ÿπ¬å°“√§â“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 450 81.24 625,811,571 668,594,674 53,617,685∫√‘…—∑ À—«À‘π √’´Õ√å∑ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 200 100 230,967,920 382,007,065 -∫√‘…—∑ ·¡à√‘¡‡∑Õ‡√´ √’´Õ√å∑ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 300 45.30 (1) 161,418,899 242,743,959 -∫√‘…—∑ ∫â“π‚∫√“≥‡™’¬ß√“¬ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 165 100 145,550,878 129,361,850 -∫√‘…—∑ √Õ¬—≈ °“√凥âπ ¥’‡«≈≈Õª‡¡âπ∑å ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 700 50 (3) 474,021,468 490,487,263 -∫√‘…—∑ √Õ¬—≈°“√凥âπ æ≈“´à“ ®”°—¥ »Ÿπ¬å°“√§â“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 75 100 75,000,000 155,989,942 -∫√‘…—∑ √Õ¬—≈°“√凥âπ ‡ÕÁπ‡µÕ√å‡∑π‡¡âπ∑å ®”°—¥ ∏ÿ√°‘®∫—π‡∑‘ß ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 10 100 10,000,000 22,889,428 -∫√‘…—∑ ‡ÕÁ¡ ª“ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (MST)(‡¥‘¡™◊ËÕ ç∫√‘…—∑ ¡—π¥“√“ ª“ (‰∑¬·≈π¥å) ®”°—¥é) ∏ÿ√°‘® ª“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 10 51 (4) 5,100,000 56,073,970 -

∫√‘…—∑ √Õ¬—≈°“√凥âπ ‚Œ‡∑≈ ·¡‡πÁ®‡¡âπ∑å ®”°—¥ ∫√‘À“√‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 17 100 93,500,000 50,603,267 -RGR International Limited ∫√‘À“√ß“π À¡Ÿà‡°“–∫√‘µ‘™ ºŸâ∂◊ÕÀÿâπ 2.6 100 2,586,000 99,293,972 -

‡«Õ√宑π (100,000 ‡À√’¬≠ À√—∞œ)∫√‘…—∑ Õ“√å‡ÕÁπ‡Õ ‚Œ≈¥‘Èß ®”°—¥ ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 420 72.39 304,042,200 43,670,909 -∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) (MFG) ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 326 99.70 2,285,666,847 2,869,032,736 -∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π) (RHC) ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 45 49.30 (5) 774,723,314 1,035,933,998 33,184,898°Õß∑ÿπ√«¡‰∑¬‚ª√‡®Á§∑å æ√ÁÕæ‡æÕ√åµ’È øíπ¥å ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 105 99.90 104,900,000 103,673,419 -°Õß∑ÿπ√«¡∫√‘À“√ ‘π∑√—æ¬å‰∑¬ ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 301 (2) 100 301,014,259 301,024,769 77,582,019√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ 5,594,303,356 6,651,381,221 164,384,602

∫√‘…—∑ ¡ÿ¬√’ Õ√å∑ ·Õπ¥å ª“ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 10 100 10,000,000 (11,850,821) -R.G.E. (HKG) Limited ∫√‘À“√ß“π ª√–‡∑»ŒàÕß°ß ºŸâ∂◊ÕÀÿâπ 0.5 100 542,740 (23,310,254) -

(100,000 ‡À√’¬≠ŒàÕß°ß)∫√‘…—∑ ¡ÿ¬ «‘≈‡≈® ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 1 99.93 999,300 (2,493,317) -√«¡ à«π‰¥â‡ ’¬∑’ˇ°‘π‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ 11,542,040 (37,654,392) -

(1) —¥ à«π°“√∂◊ÕÀÿâπ √âÕ¬≈– 45.30 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßµ√ß„π∫√‘…—∑ ·¡à√‘¡‡∑Õ‡√´ √’ Õ√å∑ ®”°—¥ Õ’°√âÕ¬≈– 15 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßÕâÕ¡ºà“π∫√‘…—∑¬àÕ¬(2) ∑ÿπ™”√–·≈â«¢Õß°Õß∑ÿπ√«¡∫√‘À“√ ‘π∑√—æ¬å‰∑¬ ‡ªìπ°“√≈ß∑ÿπ„πÀπ૬≈ß∑ÿπª√–‡¿∑ § ·≈–ª√–‡¿∑ ß(3) —¥ à«π°“√∂◊ÕÀÿâπ √âÕ¬≈– 50 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßµ√ß„π RGD Õ’°√âÕ¬≈– 36.2 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßÕâÕ¡ºà“π∫√‘…—∑¬àÕ¬(4) —¥ à«π°“√∂◊ÕÀÿâπ √âÕ¬≈– 51 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßµ√ß„π MST Õ’°√âÕ¬≈– 49 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßÕâÕ¡ºà“π∫√‘…—∑¬àÕ¬(5) —¥ à«π°“√∂◊ÕÀÿâπ √âÕ¬≈– 49.3 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßµ√ß„π RHC Õ’°√âÕ¬≈– 8.4 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßÕâÕ¡ºà“π∫√‘…—∑¬àÕ¬

∫√‘…

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À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

9. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ (µàÕ)

°) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ (µàÕ)

Page 173: Annual Report 2005 EN

171√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

9. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ (µàÕ)

°) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ (µàÕ)

∫√‘…—∑¬àÕ¬¢Õß∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) (MFG) ∫√‘…—∑ À—«À‘π √’ Õ√å∑ ®”°—¥ ∫√‘…—∑ ‡ÕÁ¡ ª“ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ·≈–∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π) (RHC) ∑’Ë√«¡„π°“√®—¥∑”ß∫°“√‡ß‘π√«¡ ¡’¥—ßµàÕ‰ªπ’È

—¥ à«π¢Õß®—¥µ—Èߢ÷Èπ„π °“√∂◊ÕÀÿâπ

∫√‘…—∑ ª√–‡¿∑∏ÿ√°‘® ª√–‡∑» (√âÕ¬≈–)

∫√‘…—∑¬àÕ¬¢Õß MFG∫√‘…—∑ ‡«π‡ àπ å (‰∑¬) ®”°—¥ ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑»‰∑¬ 100∫√‘…—∑ ‰¡‡πÕ√å ™’ ®”°—¥ º≈‘µ·≈–¢“¬‡π¬ ª√–‡∑»‰∑¬ 100∫√‘…—∑ ‰¡‡πÕ√å ·¥√’Ë ®”°—¥ º≈‘µ·≈–¢“¬‰Õ»§√’¡ ª√–‡∑»‰∑¬ 100∫√‘…—∑ ‰¡‡πÕ√å ¥’§‘« ®”°—¥ ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑»‰∑¬ 100∫√‘…—∑ Õ“√å.®’.Õ“√å.øŸÑ¥ ‡´Õ√å«‘ ®”°—¥ ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑»‰∑¬ 100∫√‘…—∑ ‡§‡∑Õ√‘Ëß ·Õ ‚´ ‘‡Õµ å ®”°—¥ „Àâ∫√‘°“√¥â“πÕ“À“√ ª√–‡∑»‰∑¬ 51

·≈–Õ◊ËπÊ ∑’ˇ°’ˬ«¢âÕß∫√‘…—∑ ‡∫Õ√凰Õ√å (ª√–‡∑»‰∑¬) ®”°—¥ ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑»‰∑¬ 95International Franchise Holding ‡®â“¢Õß≈‘¢ ‘∑∏‘Ï ª√–‡∑»¡“‡≈‡´’¬ 100(Labuan) Limited

∫√‘…—∑ ‡¥Õ– æ‘ à“ ‡√ µ—«√Õß∑å ®”°—¥ ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑»‰∑¬ 100∫√‘…—∑ ‡Õ .·Õ≈.Õ“√å.∑’ ®”°—¥ ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑»‰∑¬ 100

∫√‘…—∑¬àÕ¬¢Õß International Franchise Holding (Labuan) LimitedChina Food Group Limited ‡®â“¢Õß≈‘¢ ‘∑∏‘Ï·≈–¢“¬Õ“À“√

·≈–‡§√◊ËÕߥ◊Ë¡ À¡Ÿà‡°“–‡§¬å·¡π 100Franchise Investment Corporation of Asia Ltd. ‡®â“¢Õß≈‘¢ ‘∑∏‘Ï À¡Ÿà‡°“–∫√‘µ‘™‡«Õ√宑π 100Beijing Lejazz Food & Beverage Co., Ltd. ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑» “∏“√≥√—∞ 92.59

ª√–™“™π®’π

∫√‘…—∑¬àÕ¬¢Õß∫√‘…—∑ À—«À‘π √’ Õ√å∑ ®”°—¥∫√‘…—∑ À—«À‘π «‘≈‡≈® ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ 100

∫√‘…—∑¬àÕ¬¢Õß∫√‘…—∑ ‡ÕÁ¡ ª“ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥∫√‘…—∑ ¡—π¥“√“ ª“ ‡«π‡®Õ√å ®”°—¥ ∏ÿ√°‘® ª“ À¡Ÿà‡°“–∫√‘µ‘™‡«Õ√宑π 100Mandara Spa Enterprise Management ∏ÿ√°‘® ª“ ª√–‡∑» “∏“√≥√—∞ 100(Shianghai) Limited ª√–™“™π®’π

∫√‘…—∑¬àÕ¬¢Õß∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π)∫√‘…—∑ ≈—°´å‡´Õ√’ ≈’¡Ÿ ’π ®”°—¥ ¢π àß„πª√–‡∑» ª√–‡∑»‰∑¬ 100∫√‘…—∑ √“™¥”√‘ ‡√ ‘‡¥âπ å ®”°—¥ æ—≤𓂧√ß°“√ ª√–‡∑»‰∑¬ 100(‡¥‘¡™◊ËÕ ç∫√‘…—∑ ·À≈¡ ‘ßÀå ∫’™ √’ Õ√å∑ ®”°—¥é)

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172 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

9. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ (µàÕ)

°) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ (µàÕ)

°Õß∑ÿπ√«¡∫√‘À“√ ‘π∑√—æ¬å‰∑¬‡¡◊ËÕ«—π∑’Ë 24 ∏—𫓧¡ æ.». 2545 °≈ÿà¡∫√‘…—∑‰¥â√à«¡≈ß∑ÿπ„π°Õß∑ÿπ√«¡∫√‘À“√ ‘π∑√—æ¬å‰∑¬ ÷Ëß®¥∑–‡∫’¬π®—¥µ—Èß°—∫§≥–°√√¡°“√°”°—∫À≈—°∑√—æ¬å·≈–µ≈“¥À≈—°∑√—æ¬å °Õß∑ÿπ√«¡¥—ß°≈à“«¡’«—µ∂ÿª√– ߧå‡æ◊ËÕ√à«¡≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å ∫√‘…—∑‰¥âπ”ß∫°“√‡ß‘π¢Õß°Õß∑ÿπ√«¡¥—ß°≈à“«¡“√«¡®—¥∑”ß∫°“√‡ß‘π√«¡ ‡æ√“–∫√‘…—∑¡’Õ‘∑∏‘æ≈„π°“√§«∫§ÿ¡π‚¬∫“¬°“√‡ß‘π·≈–°“√¥”‡π‘πß“π¢Õß°Õß∑ÿπ√«¡

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 °≈ÿà¡∫√‘…—∑∂◊ÕÀπ૬≈ß∑ÿπ√âÕ¬≈– 100 ¢ÕߺŸâ∂◊ÕÀπ૬≈ß∑ÿπª√–‡¿∑ § ·≈– ß ‚¥¬∑’˺Ÿâ∂◊ÕÀπ૬≈ß∑ÿπª√–‡¿∑ § ·≈– ß ®–¡’ ‘∑∏‘‰¥â√—∫‡ß‘πªíπº≈¿“¬À≈—ß®“°∑’˺Ÿâ∂◊ÕÀπ૬≈ß∑ÿπª√–‡¿∑ ° ·≈– ¢ ‰¥â√—∫‰ª·≈â« ≥ «—π∑’Ë31 ∏—𫓧¡ æ.». 2548 ºŸâ∂◊ÕÀπ૬≈ß∑ÿπª√–‡¿∑ ° ·≈– ¢ ∂◊ÕÀπ૬≈ß∑ÿπ ÷Ëß¡’¡Ÿ≈§à“‡ß‘π≈ß∑ÿπ∑—Èß ‘Èπ 724.9 ≈â“π∫“∑ (31 ∏—𫓧¡æ.». 2547 : 824.9 ≈â“π∫“∑) ‚¥¬‡ªìπºŸâ∂◊ÕÀπ૬≈ß∑ÿπ∑’ˉ¥â√—∫‡ß‘πªíπº≈„πÕ—µ√“¥Õ°‡∫’Ȭ∑’Ë°”Àπ¥‰«â ·≈–¡’ ‘∑∏‘‰¥â√—∫‡ß‘πªíπº≈°àÕπºŸâ∂◊ÕÀπ૬≈ß∑ÿπª√–‡¿∑Õ◊Ë𠵓¡‡π◊ÈÕÀ“„π∑“ß∫—≠™’ ‡ß‘π≈ß∑ÿπ¢ÕߺŸâ∂◊ÕÀπ૬≈ß∑ÿπª√–‡¿∑ ° ·≈– ¢ ∂◊Õ‡ªìπ‡ß‘π°Ÿâ¬◊¡„πß∫°“√‡ß‘π√«¡ (À¡“¬‡Àµÿ 18)

∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π)„π√–À«à“ßªï °≈ÿà¡∫√‘…—∑‰¥â≈ß∑ÿπ‡æ‘Ë¡„πÀÿâπ “¡—≠¢Õß ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ®”π«π 138,680 Àÿâπ‡ªìπ®”π«π‡ß‘π√«¡ 15 ≈â“π∫“∑ ÷Ëß¡’º≈„Àâ —¥ à«π°“√∂◊ÕÀÿâπ¢Õß°≈ÿà¡∫√‘…—∑‡æ‘Ë¡¢÷Èπ‡ªìπ 32,623,377 Àÿâ𠧑¥‡ªìπ√âÕ¬≈– 99.67 „π°“√≈ß∑ÿπ‡æ‘Ë¡¥—ß°≈à“« ¡’§à“§«“¡π‘¬¡‡°‘¥¢÷Èπ®”π«π 13.9 ≈â“π∫“∑

∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π)„π√–À«à“ßªï °≈ÿà¡∫√‘…—∑‰¥â≈ß∑ÿπ‡æ‘Ë¡„πÀÿâπ “¡—≠¢Õß ∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π) ®”π«π 14,927,490 Àÿâ𠇪ìπ®”π«π‡ß‘π√«¡ 706 ≈â“π∫“∑ ÷Ëß¡’º≈„Àâ —¥ à«π°“√∂◊ÕÀÿâπ¢Õß°≈ÿà¡∫√‘…—∑‡æ‘Ë¡¢÷Èπ‡ªìπ 40,873,155 Àÿâ𠧑¥‡ªìπ√âÕ¬≈– 90.8 „π°“√≈ß∑ÿπ‡æ‘Ë¡¥—ß°≈à“« ¡’§à“§«“¡π‘¬¡‡°‘¥¢÷Èπ®”π«π 35.9 ≈â“π∫“∑

R. G. E. (HKG) Limitedß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ¢Õß R.G.E. (HKG) Limited ∑’Ëπ”¡“√«¡„π°“√®—¥∑”ß∫°“√‡ß‘π√«¡‡ªìπß∫°“√‡ß‘π∑’Ë®—¥∑”‚¥¬ΩÉ“¬∫√‘À“√¢Õß∫√‘…—∑¬àÕ¬¥—ß°≈à“«·≈–¬—߉¡àºà“π°“√µ√«® Õ∫®“°ºŸâ Õ∫∫—≠™’√—∫Õπÿ≠“µ¢Õß∫√‘…—∑¬àÕ¬Õ¬à“߉√°Áµ“¡ß∫°“√‡ß‘π¢Õß∫√‘…—∑¥—ß°≈à“«‰¡à¡’ “√– ”§—≠µàÕß∫°“√‡ß‘π√«¡

China Food Group Limited°àÕπªï æ.». 2548 International Franchise Holding (Labuan) Limited ∂◊ÕÀÿâπ„π China Food Group Limited (CFG) √âÕ¬≈– 18.52 ¢ÕßÀÿâπ∑’ËÕÕ° ‚¥¬∂◊Õ‡ªìπ‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ëπ πÕ°®“°π’È International Franchise Holding (Labuan) Limited ¬—߉¥â®à“¬‡ß‘π¡—¥®”®”π«π‡ß‘π 1,700,000 ‡À√’¬≠ À√—∞Õ‡¡√‘°“ ‡ªìπ§à“ ‘∑∏‘„π°“√ ◊ÈÕÀÿâπ∑’ˉ¡à “¡“√∂¬°‡≈‘°‰¥â‡æ◊ËÕ ◊ÈÕÀÿâπ “¡—≠¢Õß CFG ‚¥¬®–µâÕß„™â ‘∑∏‘¿“¬„π«—π∑’Ë 31 ∏—𫓧¡ æ.». 2550

„π«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 International Franchise Holding (Labuan) Limited ‰¥â≈ß∑ÿπ‡æ‘Ë¡„πÀÿâπ “¡—≠¢Õß CFG Õ’°√âÕ¬≈–81.48 ¢ÕßÀÿâπ∑’ËÕÕ°‡ªìπ®”π«π‡ß‘π 31.7 ≈â“π∫“∑ ÷Ëß¡’º≈„Àâ°≈ÿà¡∫√‘…—∑¡’ —¥ à«π°“√∂◊ÕÀÿâπ„π CFG ‡æ‘Ë¡¢÷Èπ‡ªìπ√âÕ¬≈– 100 ¢ÕßÀÿâπ∑’ËÕÕ°·≈–¡’º≈∑”„Àâ ∂“π–¢Õ߇ߑπ≈ß∑ÿπ„π CFG ‡ª≈’Ë¬π®“°‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ëπ‡ªìπ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ „π°“√≈ß∑ÿπ‡æ‘Ë¡¥—ß°≈à“«¡’§à“§«“¡π‘¬¡‡°‘¥¢÷Èπ®”π«π 83.3 ≈â“π∫“∑ °≈ÿà¡∫√‘…—∑‰¥â√«¡ß∫°“√‡ß‘π¢Õß CFG „π°“√®—¥∑”ß∫°“√‡ß‘π√«¡µ—Èß·µà«—π∑’Ë31 ∏—𫓧¡ æ.». 2548 ‡ªìπµâπ‰ª °≈ÿà¡∫√‘…—∑‰¥â√—∫√Ÿâ à«π·∫àߢ“¥∑ÿπ¢Õß CFG °àÕπ«—π∑’Ë 1 ¡°√“§¡ æ.». 2548 ‡ªìπ®”π«π 12.8≈â“π∫“∑ ‚¥¬ª√—∫°—∫°”‰√ – ¡„πªï æ.». 2548 ·≈–√—∫√Ÿâ à«π·∫àߢ“¥∑ÿπ®“°°“√¥”‡π‘πß“π¢Õß CFG ”À√—∫ªï æ.». 2548 ®”π«π18.9 ≈â“π∫“∑ „πß∫°”‰√¢“¥∑ÿπ ”À√—∫ªï æ.». 2548

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173√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

√“¬≈–‡Õ’¬¥¢Õß°“√≈ß∑ÿπ‡æ‘Ë¡¡’¥—ßπ’È

ß∫°“√‡ß‘π√«¡æ.». 2548

∫“∑

√“§“´◊ÈՇߑπ≈ß∑ÿπ 31,696,083¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õß ‘π∑√—æ¬å∑’Ë√–∫ÿ‰¥â∑’ˉ¥â√—∫¡“ ÿ∑∏‘ (51,623,792)§à“§«“¡π‘¬¡ 83,319,875

‡ß‘π„Àâ°Ÿâ¬◊¡√–¬– —Èπ·°à CFG 138,261,131À—° : ‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥„π∫√‘…—∑∑’Ë≈ß∑ÿπ (35,540,891)°√–· ‡ß‘π ¥®à“¬„π°“√ ◊ÈՇߑπ≈ß∑ÿπ ÿ∑∏‘ 102,720,240

≥ «—π∑’Ë ◊ÈՇߑπ≈ß∑ÿπ ¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õß ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’ˉ¥â¡“®“°°“√ ◊ÈՇߑπ≈ß∑ÿπ‡æ‘Ë¡¢Õß China Food Group Limited ¡’¥—ßπ’È∫“∑

‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ 35,540,891≈Ÿ°Àπ’È 2,943,976 ‘π§â“§ß‡À≈◊Õ 25,744,096§à“„™â®à“¬®à“¬≈à«ßÀπâ“ 6,204,468 ‘π∑√—æ¬åÀ¡ÿπ‡«’¬πÕ◊Ëπ 2,106,407∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å 196,390,480 ‘π∑√—æ¬å‰¡à¡’µ—«µπ 30,838,939‡ß‘π¡—¥®” 11,967,629‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ (106,485,750)‡®â“Àπ’È°“√§â“ (16,748,434)‡®â“Àπ’È∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π (393,714)‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ®“°∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π (138,261,131)‡®â“Àπ’ÈÕ◊Ëπ (3,674,925)§à“„™â®à“¬§â“ß®à“¬ (11,535,531)¿“…’‡ß‘π‰¥â𑵑∫ÿ§§≈§â“ß®à“¬ (1,655,144)Àπ’È ‘πÀ¡ÿπ‡«’¬πÕ◊Ëπ (66,196,980)°“√ª√—∫ª√ÿß®“°°“√·ª≈ߧà“ß∫°“√‡ß‘π∑’ˇªìπ‡ß‘πµ√“µà“ߪ√–‡∑» (20,458,492) à«π¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬ (9,684,408)¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õß ‘π∑√—æ¬å ÿ∑∏‘ (63,357,623) à«π‰¥â‡ ’¬∑’ˉ¥â√—∫¡“ 81.48%¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õß ‘π∑√—æ¬å∑’Ë√–∫ÿ‰¥â∑’ˉ¥â√—∫¡“ ÿ∑∏‘ (51,623,792)

¡Ÿ≈§à“¬ÿµ‘∏√√¡∑—Èß ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’ˉ¥â¡“®“°°“√≈ß∑ÿπ‡æ‘Ë¡„π CFG ¡’¡Ÿ≈§à“„°≈⇧’¬ß°—∫√“§“µ“¡∫—≠™’ ‡π◊ËÕß®“° ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’Ë√–∫ÿ‰¥â¢Õß CFG ‡ªìπª√–‡¿∑∑’Ë¡’Õ“¬ÿ —Èπ

9. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ (µàÕ)

°) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ (µàÕ)

China Food Group Limited (µàÕ)

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174 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

¢) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

√“§“µ“¡∫—≠™’µâπªï 126,911,919 1,015,812,407 91,251,171 998,256,227´◊ÈՇߑπ≈ß∑ÿπ 83,257,936 75,539,505 7,285,167 75,539,505 à«π·∫àß°”‰√¢Õß∫√‘…—∑√à«¡ 91,784,268 83,033,262 82,405,334 66,585,293‡ß‘πªíπº≈√—∫ - (33,184,899) - (33,184,898)√—∫√Ÿâ à«π·∫àߢ“¥∑ÿπ„π∫√‘…—∑√à«¡‡π◊ËÕß®“°°“√‡ª≈’ˬπ ∂“π–®“°‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ë𠇪ìπ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ - (4,343,400) - -‚Õπ‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ëπ¡“‡ªìπ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ (MVVL) - 6,000,000 - -‚Õπ‡ß‘π≈ß∑ÿπ„π RHC ‰ª‡ªìπ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ - (1,015,944,956) - (1,015,944,956)√“§“µ“¡∫—≠™’ª≈“¬ªï 301,954,123 126,911,919 180,941,672 91,251,171

∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥„π√–À«à“߉µ√¡“ ∑’ËÀπ÷Ëß ∫√‘…—∑‰¥â ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥ ®”π«π 60,000 Àÿâπ À√◊Õ§‘¥‡ªìπ√âÕ¬≈– 15‡ªìπ®”π«π‡ß‘π 7.3 ≈â“π∫“∑ ®“°∫√‘…—∑ Õ“√å‡ÕÁπ‡Õ ‚Œ≈¥‘Èß ®”°—¥ ÷Ë߇ªìπ∫√‘…—∑¬àÕ¬¢Õß∫√‘…—∑ ¡’º≈∑”„Àâ∫√‘…—∑¡’ —¥ à«π°“√∂◊ÕÀÿâπ∑“ßµ√ß„π∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥ ‡ªìπ√âÕ¬≈– 50 ∫√‘…—∑„™â«‘∏’ à«π‰¥â‡ ’¬„π°“√∫—π∑÷°‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¥—ß°≈à“«„πß∫°“√‡ß‘π√«¡·≈–„πß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

Eutopia Private Holding Limited„π√–À«à“߉µ√¡“ ∑’Ë ’Ë °≈ÿà¡∫√‘…—∑‰¥â≈ß∑ÿπ„πÀÿâπ “¡—≠¢Õß Eutopia Private Holding Limited ®”π«π 200,000 Àÿâπ „π√“§“∑’˵√“‰«â§‘¥‡ªìπ√âÕ¬≈– 50 ¢Õß∑ÿπ∑’ËÕÕ° ‡ªìπ®”π«π‡ß‘π 81.59 ≈â“π∫“∑ ∫√‘…—∑„™â«‘∏’ à«π‰¥â‡ ’¬„π°“√∫—π∑÷°‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¥—ß°≈à“«

9. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ (µàÕ)

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

¢) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ (µàÕ)

∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ·Õπ¥å √’ Õ√å∑ ®”°—¥‡¡◊ËÕ«—π∑’Ë 2 惻®‘°“¬π æ.». 2547 °≈ÿà¡∫√‘…—∑‰¥â≈ß∑ÿπ„πÀÿâπ “¡—≠®”π«π 472,000 Àÿâπ ·≈–Àÿâπ∫ÿ√‘¡ ‘∑∏‘®”π«π 129,906 Àÿâπ¢Õß∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ·Õπ¥å √’ Õ√å∑ ®”°—¥ ‡ªìπ®”π«π‡ß‘π 55 ≈â“π∫“∑ ‚¥¬¡’ ‘∑∏‘„π°“√ÕÕ°‡ ’¬ß√âÕ¬≈– 40

„π‡¥◊Õπ∏—𫓧¡ æ.». 2547 ‚√ß·√¡ ‚§‚§â ª“≈å¡ ÷Ëߥ”‡π‘π∏ÿ√°‘®‚¥¬∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ·Õπ¥å √’ Õ√å∑ ®”°—¥ ª√– ∫°—∫§«“¡‡ ’¬À“¬Õ¬à“ßÀπ—°®“°§≈◊Ëπ ÷π“¡‘ ∫√‘…—∑‰¡à‰¥âπ”º≈ª√–°Õ∫°“√¢Õß∫√‘…—∑ ‚§‚§â ª“≈å¡œ ¡“√«¡§”π«≥ à«π·∫àß°”‰√¢“¥∑ÿπ„π∫√‘…—∑√à«¡ ‡π◊ËÕß®“°∫√‘…—∑¥—ß°≈à“«¬—߉¡à¡’·ºπ°“√¥”‡π‘π∏ÿ√°‘®µàÕ‰ªÀ≈—ß®“°§«“¡‡ ’¬À“¬ ∫√‘…—∑‰¥âµ—Èߢ“¥∑ÿπ®“°‡ß‘π≈ß∑ÿπ„π∫√‘…—∑ ‚§‚§â ª“≈å¡œ ®”π«π 8.3 ≈â“π∫“∑ À≈—ß®“°æ‘®“√≥“‡ÀÁπ«à“ à«π¢Õß°≈ÿà¡∫√‘…—∑„π¡Ÿ≈§à“∑’Ë¥‘π¢Õß‚√ß·√¡ ‚§‚§âª“≈å¡ ¬—ߧߡ’¡Ÿ≈§à“„°≈⇧’¬ß°—∫‡ß‘π≈ß∑ÿπ∑’ˇÀ≈◊ÕÕ¬Ÿà

∫√‘…—∑ ’‡≈§ ‡´Õ√å«‘ æ“√å∑‡πÕ√å ®”°—¥°≈ÿà¡∫√‘…—∑‰¡à‰¥âπ”ß∫°“√‡ß‘π¢Õß∫√‘…—∑ ’‡≈§ ‡´Õ√å«‘ æ“√å∑‡πÕ√å ®”°—¥ ÷Ë߇ªìπ∫√‘…—∑√à«¡¢Õß MFG ¡“√«¡„π°“√®—¥∑”ß∫°“√‡ß‘π√«¡ ‡π◊ËÕß®“°°≈ÿà¡∫√‘…—∑‰¡à¡’Õ”π“®„π°“√§«∫§ÿ¡‡Àπ◊Õ∫√‘…—∑¥—ß°≈à“« ∂÷ß·¡â«à“°≈ÿà¡∫√‘…—∑∂◊ÕÀÿâπ„π∫√‘…—∑¥—ß°≈à“«„πÕ—µ√“√âÕ¬≈– 51 ∫√‘…—∑„™â«‘∏’ à«π‰¥â‡ ’¬„π°“√∫—π∑÷°‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¥—ß°≈à“«„πß∫°“√‡ß‘π√«¡·≈–„πß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

∫√‘…—∑ ‡Õ ·Õπ¥åæ’ ‰¡‡πÕ√å øŸÑ¥ ®”°—¥„π√–À«à“ߪï æ.». 2548 °≈ÿà¡∫√‘…—∑‰¥â®”Àπà“¬‡ß‘π≈ß∑ÿπ∑—ÈßÀ¡¥„π∫√‘…—∑ ‡Õ ·Õπ¥åæ’ ‰¡‡πÕ√å øŸÑ¥ ®”°—¥ ‡ªìπ®”π«π‡ß‘πª√–¡“≥0.5 ≈â“π∫“∑ ‚¥¬¡’°”‰√®“°°“√®”Àπà“¬®”π«π 0.5 ≈â“π∫“∑ ‡π◊ËÕß®“°°≈ÿà¡∫√‘…—∑‰¥âµ—Èß§à“‡º◊ËÕ°“√¥âÕ¬§à“„π¡Ÿ≈§à“¢Õ߇ߑπ≈ß∑ÿπ¥—ß°≈à“«·≈⫇µÁ¡®”π«π„πªï°àÕπÊ

9. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ (µàÕ)

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176√“¬ß“πª√–®”ªï 2548

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ª√–‡¿∑∏ÿ√°‘® „πª√–‡∑» —¡æ—π∏å ≈â“π∫“∑ ∂◊ÕÀÿâπ (√âÕ¬≈–) ∫“∑ ∫“∑ ∫“∑

∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥ ¢“¬ ‘∑∏‘„π ∂“π∑’Ëæ—°ºàÕπ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 40 50 22,999,292 118,232,036 -‚¥¬·∫à߇«≈“

∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ·Õπ¥å √’ Õ√å∑ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 92.5 40 (2) 55,000,000 46,209,500 -Arabian Spa (Dubai) Limited ∏ÿ√°‘® ª“ ª√–‡∑» ºŸâ∂◊ÕÀÿâπ 3.4 49 1,667,936 1,646,532 -

À√—∞ (0.3 ≈â“π‡À√’¬≠¥’·√Àå¡)Õ“À√—∫‡Õ¡‘‡√Áµ å

Eutopia Private Holding Limited ‚√ß·√¡ ª√–‡∑» ºŸâ∂◊ÕÀÿâπ 163.2 50 81,590,000 76,228,876 - “∏“√≥√—∞¡—≈¥’ø å (4 ≈â“π‡À√’¬≠ À√—∞œ)

Sizzler China Pte Limited ‡®â“¢Õß≈‘¢ ‘∑∏‘Ï ª√–‡∑» ‘ߧ‚ª√å ºŸâ∂◊ÕÀÿâπ - 50 - 2,882,800 -∫√‘…—∑ ’‡≈§ ‡´Õ√å«‘ æ“√å∑‡πÕ√å ®”°—¥ ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 45 51 22,950,000 56,754,379 -

√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ 184,207,228 301,954,123 -

(1) —¥ à«π°“√∂◊ÕÀÿâπ √âÕ¬≈– 45.86 ‡ªìπ°“√∂◊ÕÀÿâπ∑“ßµ√ß·≈–∑“ßÕâÕ¡„π∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥(2) —¥ à«π¢Õß°“√∂◊ÕÀÿâπ„π∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ·Õπ¥å √’ Õ√å∑ ®”°—¥ ‡∑à“°—∫√âÕ¬≈– 65.04 ·µà∫√‘…—∑¡’ ‘∑∏‘ÕÕ°‡ ’¬ß√âÕ¬≈– 40

ß∫°“√‡ß‘π√«¡ - «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547®—¥µ—Èߢ÷Èπ ≈—°…≥–§«“¡ ∑ÿπ∑’Ë™”√–·≈â« —¥ à«π¢Õß°“√ «‘∏’√“§“∑ÿπ «‘∏’ à«π‰¥â‡ ’¬ ‡ß‘πªíπº≈

ª√–‡¿∑∏ÿ√°‘® „πª√–‡∑» —¡æ—π∏å ≈â“π∫“∑ ∂◊ÕÀÿâπ (√âÕ¬≈–) ∫“∑ ∫“∑ ∫“∑

∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥ ¢“¬ ‘∑∏‘„π ∂“π∑’Ëæ—°ºàÕπ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 40 45.86 (1) 22,999,292 47,350,278 -‚¥¬·∫à߇«≈“

∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ·Õπ¥å √’ Õ√å∑ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 92.5 40 (2) 55,000,000 46,477,000 -∫√‘…—∑ ’‡≈§ ‡´Õ√å«‘ æ“√å∑‡πÕ√å ®”°—¥ ¢“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 45 51 22,950,000 33,084,641 -

100,949,292 126,911,919 -∫√‘…—∑ ‡Õ ·Õπ¥åæ’ ‰¡‡πÕ√å øŸÑ¥ ®”°—¥ ¥”‡π‘π°“√‡°’ˬ«°—∫°“√„Àâ‡™à“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 1 50 500,000 500,000 -

Õ —ßÀ“√‘¡∑√—æ¬åÀ—° : §à“‡º◊ËÕ°“√¥âÕ¬§à“„π¡Ÿ≈§à“¢Õ߇ߑπ≈ß∑ÿπ (500,000) (500,000) -√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ 100,949,292 126,911,919 -

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

9. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ (µàÕ)

¢) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ (µàÕ)

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177√“¬ß“πª√–®”ªï 2548

∫√‘…

—∑ ‰¡‡π

Õ√å Õ‘π‡µÕ√å‡π

™—Ëπ·π

≈ ®”°—¥ (¡À“™π

)

ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ - «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548

®—¥µ—Èߢ÷Èπ ≈—°…≥–§«“¡ ∑ÿπ∑’Ë™”√–·≈â« —¥ à«π¢Õß°“√ «‘∏’√“§“∑ÿπ «‘∏’ à«π‰¥â‡ ’¬ ‡ß‘πªíπº≈ª√–‡¿∑∏ÿ√°‘® „πª√–‡∑» —¡æ—π∏å ≈â“π∫“∑ ∂◊ÕÀÿâπ (√âÕ¬≈–) ∫“∑ ∫“∑ ∫“∑

∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥ ¢“¬ ‘∑∏‘„π ∂“π∑’Ë ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 40 50 24,284,460 134,732,172 -æ—°ºàÕπ‚¥¬·∫à߇«≈“

∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ·Õπ¥å √’ Õ√å∑ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 92.5 40 (1) 55,000,000 46,209,500 -√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ 79,284,460 180,941,672 -

ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ - «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547

®—¥µ—Èߢ÷Èπ ≈—°…≥–§«“¡ ∑ÿπ∑’Ë™”√–·≈â« —¥ à«π¢Õß°“√ «‘∏’√“§“∑ÿπ «‘∏’ à«π‰¥â‡ ’¬ ‡ß‘πªíπº≈ª√–‡¿∑∏ÿ√°‘® „πª√–‡∑» —¡æ—π∏å ≈â“π∫“∑ ∂◊ÕÀÿâπ (√âÕ¬≈–) ∫“∑ ∫“∑ ∫“∑

∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥ ¢“¬ ‘∑∏‘„π ∂“π∑’Ë ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 40 35 16,999,292 44,774,171 -æ—°ºàÕπ‚¥¬·∫à߇«≈“

∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ·Õπ¥å √’ Õ√å∑ ®”°—¥ ‚√ß·√¡ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 92.5 40 (1) 55,000,000 46,477,000 -√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ 71,999,292 91,251,171 -

(1) —¥ à«π¢Õß°“√∂◊ÕÀÿâπ„π∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ·Õπ¥å √’ Õ√å∑ ®”°—¥ ‡∑à“°—∫√âÕ¬≈– 65.04 ·µà∫√‘…—∑¡’ ‘∑∏‘ÕÕ°‡ ’¬ß√âÕ¬≈– 40

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

9. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ (µàÕ)

¢) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ (µàÕ)

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178 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

10. ‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ëπ - ÿ∑∏‘

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

∫√‘…—∑Õ◊Ëπ - ÿ∑∏‘ 25,350,092 45,812,762 14,550 12,680∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π - ÿ∑∏‘ 270,441,462 142,719,030 40,842,750 21,238,230‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ëπ - ÿ∑∏‘ 295,791,554 188,531,792 40,857,300 21,250,910

°) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑Õ◊Ëπ

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

√“§“µ“¡∫—≠™’µâπªï - ÿ∑∏‘ 45,812,762 37,843,855 12,680 12,075´◊ÈՇߑπ≈ß∑ÿπ 149,722 28,298,280®”Àπà“¬‡ß‘π≈ß∑ÿπ (5,972) (20,781) - -§à“‡º◊ËÕ°“√¥âÕ¬§à“¢Õ߇ߑπ≈ß∑ÿπ - (5,263,012) - -‚Õπ®“°‡ß‘π®à“¬≈à«ßÀπⓧà“Àÿâπ„π

∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π - 198,042 - -‚Õπ‡ß‘π≈ß∑ÿπ„π CFG ‰ª‡ªìπ‡ß‘π≈ß∑ÿπ

„π∫√‘…—∑¬àÕ¬ (19,952,000) - - -‚Õπ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥

‰ª‡ªìπ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ - (6,000,000) - -°“√‡ª≈’ˬπ·ª≈ß„π¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õ߇ߑπ≈ß∑ÿπ (654,420) (9,243,622) 1,870 605√“§“µ“¡∫—≠™’ª≈“¬ªï - ÿ∑∏‘ 25,350,092 45,812,762 14,550 12,680

ß∫°“√‡ß‘π√«¡«‘∏’√“§“∑ÿπ ¡Ÿ≈§à“¬ÿµ‘∏√√¡

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

À≈—°∑√—æ¬å‡º◊ËÕ¢“¬, √“§“∑ÿπ 21,917,206 21,773,461 22,912,202 23,867,522ª√—∫ : à«π‡°‘π∑ÿπ®“°°“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ 994,996 2,094,061 - -À≈—°∑√—æ¬å‡º◊ËÕ¢“¬ - ÿ∑∏‘ 22,912,202 23,867,522 22,912,202 23,867,522

‡ß‘π≈ß∑ÿπ∑—Ë«‰ª 2,437,890 21,945,240‡ß‘π≈ß∑ÿπ„π∫√‘…—∑Õ◊Ëπ - ÿ∑∏‘ 25,350,092 45,812,762

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179√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

°) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑Õ◊Ëπ (µàÕ)

ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑«‘∏’√“§“∑ÿπ ¡Ÿ≈§à“¬ÿµ‘∏√√¡

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

À≈—°∑√—æ¬å‡º◊ËÕ¢“¬, √“§“∑ÿπ 5,733 5,733 14,550 12,680ª√—∫ : à«π‡°‘π∑ÿπ®“°°“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ 8,817 6,947 - -‡ß‘π≈ß∑ÿπ„π∫√‘…—∑Õ◊Ëπ - ÿ∑∏‘ 14,550 12,680 14,550 12,680

¢) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

√“§“µ“¡∫—≠™’µâπªï - ÿ∑∏‘ 142,719,030 91,648,530 21,238,230 18,991,116´◊ÈՇߑπ≈ß∑ÿπ 28,652,720 9,016,680 4,356,560 1,508,040®”Àπà“¬‡ß‘π≈ß∑ÿπ - - - (5,209,306)°“√‡ª≈’ˬπ·ª≈ß„π¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õ߇ߑπ≈ß∑ÿπ 99,069,712 42,053,820 15,247,960 5,948,380√“§“µ“¡∫—≠™’ª≈“¬ªï - ÿ∑∏‘ 270,441,462 142,719,030 40,842,750 21,238,230

10. ‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ëπ - ÿ∑∏‘ (µàÕ)

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180√“¬ß“πª√–®”ªï 2548

∫√‘…

—∑ ‰¡‡π

Õ√å Õ‘π‡µÕ√å‡π

™—Ëπ·π

≈ ®”°—¥ (¡À“™π

)

ß∫°“√‡ß‘π√«¡ —¥ à«π¢Õß à«π‡°‘π∑ÿπ®“°

®—¥µ—Èߢ÷Èπ ≈—°…≥– ∑ÿπ∑’Ë™”√–·≈â« °“√∂◊ÕÀÿâπ «‘∏’√“§“∑ÿπ °“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ ‡ß‘π≈ß∑ÿπ ÿ∑∏‘ª√–‡¿∑∏ÿ√°‘® „πª√–‡∑» §«“¡ —¡æ—π∏å ≈â“π∫“∑ (√âÕ¬≈–) ∫“∑ ∫“∑ ∫“∑

«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548À≈—°∑√—æ¬å‡º◊ËÕ¢“¬∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π) ®—¥®”Àπà“¬ ‘π§â“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 371 11.58 115,248,216 155,193,246 270,441,462

„Àâ∫√‘°“√°“√®—¥°“√·≈–®—¥®”Àπà“¬‡§√◊ËÕß∫‘π

√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 115,248,216 155,193,246 270,441,462

«—π∑’Ë 31 ∏—𫓧¡ æ.». 2547À≈—°∑√—æ¬å‡º◊ËÕ¢“¬∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π) ®—¥®”Àπà“¬ ‘π§â“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 235 15.24 86,595,496 56,123,534 142,719,030

„Àâ∫√‘°“√°“√®—¥°“√·≈–®—¥®”Àπà“¬‡§√◊ËÕß∫‘π

√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 86,595,496 56,123,534 142,719,030

ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ —¥ à«π¢Õß à«π‡°‘π∑ÿπ®“°

®—¥µ—Èߢ÷Èπ ≈—°…≥– ∑ÿπ∑’Ë™”√–·≈â« °“√∂◊ÕÀÿâπ «‘∏’√“§“∑ÿπ °“√µ’¡Ÿ≈§à“¬ÿµ‘∏√√¡ ‡ß‘π≈ß∑ÿπ ÿ∑∏‘ª√–‡¿∑∏ÿ√°‘® „πª√–‡∑» §«“¡ —¡æ—π∏å ≈â“π∫“∑ (√âÕ¬≈–) ∫“∑ ∫“∑ ∫“∑

«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548À≈—°∑√—æ¬å‡º◊ËÕ¢“¬∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π) ®—¥®”Àπà“¬ ‘π§â“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 371 1.76 17,077,960 23,764,790 40,842,750

„Àâ∫√‘°“√°“√®—¥°“√·≈–®—¥®”Àπà“¬‡§√◊ËÕß∫‘π

√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 17,077,960 23,764,790 40,842,750

«—π∑’Ë 31 ∏—𫓧¡ æ.». 2547À≈—°∑√—æ¬å‡º◊ËÕ¢“¬∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π) ®—¥®”Àπà“¬ ‘π§â“ ª√–‡∑»‰∑¬ ºŸâ∂◊ÕÀÿâπ 235 2.32 12,721,400 8,516,830 21,238,230

„Àâ∫√‘°“√°“√®—¥°“√·≈–®—¥®”Àπà“¬‡§√◊ËÕß∫‘π

√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 12,721,400 8,516,830 21,238,230

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

10. ‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ëπ - ÿ∑∏‘ (µàÕ)

¢) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π (µàÕ)

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

11. √“¬°“√§â“°—∫∫ÿ§§≈À√◊Õ°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π

„π√–À«à“ߪï æ.». 2548 ∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π) ‰¥â≈ß∑ÿπ‡æ‘Ë¡„πÀÿâπ “¡—≠¢Õß∫√‘…—∑ ·≈–∂◊Õ«à“∫√‘…—∑‡ªìπ∫√‘…—∑√à«¡ ¥—ßπ—Èπ∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬ ®÷ß∂◊Õ«à“‡ªìπ∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π

„π√–À«à“ßªï °≈ÿà¡∫√‘…—∑·≈–∫√‘…—∑¡’√“¬°“√§â“°—∫∫√‘…—∑¬àÕ¬ ∫√‘…—∑√à«¡ ·≈–∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π √“¬°“√§â“¥—ß°≈à“«‡ªìπ‰ªµ“¡‡°≥±å∑’˵°≈ß√à«¡°—π√–À«à“ß°‘®°“√µ“¡ª°µ‘¢Õß°“√¥”‡π‘π∏ÿ√°‘®·≈–‡ªìπ‰ªµ“¡‡ß◊ËÕπ‰¢°“√§â“µ“¡ª°µ‘ √“¬°“√§â“∑’Ë ”§—≠°—∫°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π

π‚¬∫“¬°“√§‘¥√“§“ ”À√—∫°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π ª√–°Õ∫¥â«¬

π‚¬∫“¬°“√§‘¥√“§“√“¬‰¥â®“°°“√¢“¬·≈– ◊ÈÕ ‘π§â“ √“§“µ≈“¥√“¬‰¥â§à“‡™à“ √“§“∑’˵°≈ß°—π´÷Ëß„°≈⇧’¬ß°—∫√“§“µ≈“¥§à“ ‘∑∏‘·ø√π‰´ å √“§“∑’˵°≈ß°—π´÷Ëß„°≈⇧’¬ß°—∫√“§“µ≈“¥√“¬‰¥â§à“∫√‘°“√®—¥°“√ ·≈–√“¬‰¥âÕ◊Ëπ √“§“∑’˵°≈ß°—π´÷Ëß„°≈⇧’¬ß°—∫√“§“µ≈“¥¥Õ°‡∫’Ȭ√—∫ Õ—µ√“∑’Ë°”Àπ¥√à«¡°—π‚¥¬ºŸâ∂◊ÕÀÿâπ·≈–Õ—µ√“´÷ËßÕ‘ß®“°

Õ—µ√“¥Õ°‡∫’Ȭ¢Õß∏𓧓√æ“≥‘™¬å§à“‡™à“®à“¬ √“§“∑’˵°≈ß°—π´÷Ëß„°≈⇧’¬ß°—∫√“§“µ≈“¥§à“∫√‘°“√®—¥°“√®à“¬ √“§“∑’˵°≈ß°—π´÷Ëß„°≈⇧’¬ß°—∫√“§“µ≈“¥§à“≈‘¢ ‘∑∏‘Ï„π°“√„™â‡§√◊ËÕßÀ¡“¬°“√§â“ √“§“∑’˵°≈ß°—π ÷Ëß„°≈⇧’¬ß°—∫√“§“µ≈“¥¥Õ°‡∫’Ȭ®à“¬ Õ—µ√“´÷ËßÕ‘ß®“°Õ—µ√“¥Õ°‡∫’Ȭ¢Õß∏𓧓√æ“≥‘™¬å

√“¬°“√§â“∑’Ë ”§—≠°—∫∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547 “¡“√∂ √ÿª ‰¥â¥—ßπ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

√“¬‰¥â®“°°“√¢“¬∫√‘…—∑¬àÕ¬ - - - 46,389∫√‘…—∑√à«¡ 19,046,449 17,321,052 - -√«¡√“¬‰¥â®“°°“√¢“¬ 19,046,449 17,321,052 - 46,389

√“¬‰¥â§à“‡™à“∫√‘…—∑¬àÕ¬ - - 38,812,355 35,930,090∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 21,278,264 18,367,198 - -√«¡√“¬‰¥â§à“‡™à“ 21,278,264 18,367,198 38,812,355 35,930,090

¥Õ°‡∫’Ȭ√—∫∫√‘…—∑¬àÕ¬ - - 128,903,710 69,844,384∫√‘…—∑√à«¡ 11,331,645 3,110,159 8,335,619 1,756,407∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 202,737 111,878 - -√«¡¥Õ°‡∫’Ȭ√—∫ 11,534,382 3,222,037 137,239,329 71,600,791

√“¬‰¥â§à“∫√‘°“√®—¥°“√∫√‘…—∑¬àÕ¬ - - 80,399,438 83,390,412∫√‘…—∑√à«¡ 3,651,416 1,319,741 - -∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 13,526,460 8,907,132 1,320,000 1,200,000√«¡√“¬‰¥â§à“∫√‘°“√®—¥°“√ 17,177,876 10,226,873 81,719,438 84,590,412

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

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182 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑‡ß‘πªíπº≈√—∫∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 5,372,385 10,744,770 816,855 1,633,710

√“¬‰¥âÕ◊Ëπ∫√‘…—∑¬àÕ¬ - - 8,239,838 8,161,339∫√‘…—∑√à«¡ 2,700,000 2,472,705 1,860,000 1,640,000√«¡√“¬‰¥âÕ◊Ëπ 2,700,000 2,472,705 10,099,838 9,801,339

´◊ÈÕ ‘π§â“∫√‘…—∑¬àÕ¬ - - 244,860 183,318∫√‘…—∑√à«¡ 8,970 - - -∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 10,617,898 4,334,205 - -√«¡§à“ ◊ÈÕ ‘π§â“ 10,626,868 4,334,205 244,860 183,318

§à“‡™à“∫√‘…—∑¬àÕ¬ - - 11,696,281 17,890,901∫√‘…—∑√à«¡ 221,325 4,069,440 - -∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 17,645,650 18,379,844 - -√«¡§à“‡™à“ 17,866,975 22,449,284 11696,281 17,890,901

¥Õ°‡∫’Ȭ®à“¬∫√‘…—∑¬àÕ¬ - - 14,894,857 2,324,417∫√‘…—∑√à«¡ 296 904 - -∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π - 62,798 - -√«¡¥Õ°‡∫’Ȭ®à“¬ 296 63,702 14,894,857 2,324,417

§à“∫√‘°“√®—¥°“√∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 40,222,295 35,417,713 10,212,000 10,212,000

§à“≈‘¢ ‘∑∏‘Ï„π°“√„™â‡§√◊ËÕßÀ¡“¬°“√§â“∫√‘…—∑¬àÕ¬ - - 10,358,835 12,484,918

§à“„™â®à“¬Õ◊Ëπ∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 2,984,163 5,588,644 513,349 398,304

§à“µÕ∫·∑π°√√¡°“√ 4,629,032 4,030,000 2,130,000 2,130,000

11. √“¬°“√§â“°—∫∫ÿ§§≈À√◊Õ°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π (µàÕ)

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183√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

§à“µÕ∫·∑π°√√¡°“√‡ªìπ‡∫’Ȭª√–™ÿ¡∑’Ë®à“¬„Àâ·°à°√√¡°“√¢Õß∫√‘…—∑µ“¡¢âÕ°”Àπ¥¢Õß¡“µ√“ 90 ¢Õßæ√–√“™∫—≠≠—µ‘∫√‘…—∑¡À“™π®”°—¥ §à“µÕ∫·∑π¥—ß°≈à“«‡ªìπº≈ª√–‚¬™πå∑’Ë®à“¬„Àâ°√√¡°“√µ“¡∑’ˉ¥â√—∫Õπÿ¡—µ‘®“°ºŸâ∂◊ÕÀÿâπ„π∑’˪√–™ÿ¡ “¡—≠ª√–®”ªï(‚¥¬‰¡à√«¡‡ß‘π‡¥◊Õπ·≈–º≈ª√–‚¬™πå∑’ˇ°’ˬ«¢âÕßÕ◊ËπÊ ∑’Ë®à“¬„Àâ·°à°√√¡°“√∫√‘À“√)

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547 ¬Õ¥§ß§â“ߢÕß√“¬°“√≈Ÿ°Àπ’È ‡®â“Àπ’ȇߑπ∑¥√Õß ·≈–‡ß‘π„Àâ°Ÿâ¬◊¡·°à/®“°∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π √ÿª‰¥â¥—ßπ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

≈Ÿ°Àπ’È∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π∫√‘…—∑¬àÕ¬ - - 105,405,026 103,313,377∫√‘…—∑√à«¡ 13,432,987 19,301,820 2,743,444 2,073,644∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 2,021,628 5,522,307 - 599,901√«¡≈Ÿ°Àπ’È∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 15,454,615 24,824,127 108,148,470 105,986,922

¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547 ¢Õß≈Ÿ°Àπ’È∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π·¬°µ“¡Õ“¬ÿÀπ’È∑’˧â“ß™”√–‰¥â¥—ßπ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

¬—߉¡à∂÷ß°”Àπ¥™”√– 8,753,330 8,112,016 37,634,590 29,484,412§â“ß™”√–πâÕ¬°«à“ 90 «—π 5,526,132 5,419,114 19,246,596 21,666,106§â“ß™”√– 91 - 180 «—π 826,283 590,366 17,448,562 14,083,102§â“ß™”√– 181 - 365 «—π 165,471 602,082 29,701,726 20,341,639§â“ß™”√–¡“°°«à“ 365 «—π 183,399 10,100,549 4,116,996 20,411,663√«¡≈Ÿ°Àπ’È∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 15,454,615 24,824,127 108,148,470 105,986,922

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

‡ß‘π„Àâ°Ÿâ¬◊¡√–¬–¬“«·°à∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π∫√‘…—∑¬àÕ¬ - - 2,521,861,776 1,750,012,809∫√‘…—∑√à«¡ 372,961,741 188,849,194 167,536,741 126,740,446∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 3,286,800 3,128,688 - -√«¡‡ß‘π„Àâ°Ÿâ¬◊¡√–¬–¬“«·°à∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 376,248,541 191,977,882 2,689,398,517 1,876,753,255

11. √“¬°“√§â“°—∫∫ÿ§§≈À√◊Õ°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π (µàÕ)

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184 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

‡®â“Àπ’È·≈–‡ß‘π∑¥√Õß®“°∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π∫√‘…—∑¬àÕ¬ - - 12,491,710 5,051,553∫√‘…—∑√à«¡ 308,318 168,030 5,922 -∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 3,795,887 5,546,109 3,874 -√«¡‡®â“Àπ’È·≈–‡ß‘π∑¥√Õß®“°∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π 4,104,205 5,714,139 12,501,506 5,051,553

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ®“°∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π∫√‘…—∑¬àÕ¬ - - 1,012,043,898 847,924,260

12. ∑’Ë¥‘π·≈–‚§√ß°“√√–À«à“ß°“√æ—≤π“

∑’Ë¥‘π·≈–‚§√ß°“√√–À«à“ß°“√æ—≤π“· ¥ß∑’Ë√“§“∑ÿπ¢Õß‚§√ß°“√µà“ßÊ ‚¥¬¡’∫√‘…—∑¬àÕ¬¥—ßµàÕ‰ªπ’ȇªìπ‡®â“¢Õß

ß∫°“√‡ß‘π√«¡æ.». 2548 æ.». 2547

∫“∑ ∫“∑

°Õß∑ÿπ√«¡‰∑¬‚ª√‡®Á§∑å æ√ÁÕæ‡æÕ√åµ’È øíπ¥å 62,468,464 93,264,803∫√‘…—∑ ‡ÕÁ¡‰Õ ·§«√å ®”°—¥ 268,402,028 -∫√‘…—∑ ¡ÿ¬ ∫’™ ‡√ ´‘‡¥âπ∑å ®”°—¥ 31,793,358 -∫√‘…—∑ ¡ÿ¬ «‘≈‡≈® ®”°—¥ 251,359,947 58,033,886∫√‘…—∑ ∫â“π‚∫√“≥‡™’¬ß√“¬ ®”°—¥ 179,534,265 19,263,554∫√‘…—∑ √“™¥”√‘ ‡√ ‘‡¥âπ å ®”°—¥ 50,341,873 -∫√‘…—∑ √Õ¬—≈°“√凥âπ æ≈“´à“ ®”°—¥ 15,063,380 -√«¡∑’Ë¥‘π·≈–‚§√ß°“√√–À«à“ß°“√æ—≤π“ 858,963,315 170,562,243

11. √“¬°“√§â“°—∫∫ÿ§§≈À√◊Õ°‘®°“√∑’ˇ°’ˬ«¢âÕß°—π (µàÕ)

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185√“¬ß“πª√–®”ªï 2548

∫√‘…

—∑ ‰¡‡π

Õ√å Õ‘π‡µÕ√å‡π

™—Ëπ·π

≈ ®”°—¥ (¡À“™π

)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

13. ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å - ÿ∑∏‘

ß∫°“√‡ß‘π√«¡ (∫“∑)Õ“§“√·≈– à«πª√—∫ª√ÿß ‡§√◊ËÕßµ°·µàß

∑’Ë¥‘π·≈– à«π Õÿª°√≥å Õ“§“√·≈– µ‘¥µ—Èß·≈–Õÿª°√≥å ‡§√◊ËÕß„™â„π ß“π√–À«à“ߪ√—∫ª√ÿß∑’Ë¥‘π ‘∑∏‘°“√‡™à“ ª√–°Õ∫ ‘∑∏‘°“√‡™à“ ”π—°ß“π Õÿª°√≥åÕ◊Ë𠬓πæ“Àπ– °“√¥”‡π‘πß“π °àÕ √â“ß √«¡

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547

√“§“∑ÿπ 605,346,386 3,053,528,029 7,324,574,026 1,928,472,940 3,088,597,518 1,250,757,541 234,171,528 272,909,058 130,194,334 17,888,551,360À—° : §à“‡ ◊ËÕ¡√“§“ – ¡ (94,146,924) (1,062,599,365) (2,476,382,071) (1,021,932,517) (1,990,478,423) (844,543,961) (138,058,586) (112,628,366) - (7,740,770,213)

§à“‡º◊ËÕ°“√¥âÕ¬§à“ - - - - - (20,125,728) - - - (20,125,728)√“§“µ“¡∫—≠™’ - ÿ∑∏‘ 511,199,462 1,990,928,664 4,848,191,955 906,540,423 1,098,119,095 386,087,852 96,112,942 160,280,692 130,194,334 10,127,655,419

”À√—∫ªï ‘Èπ ÿ¥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548

√“§“µ“¡∫—≠™’µâπªï 511,199,462 1,990,928,664 4,848,191,955 906,540,423 1,098,119,095 386,087,852 96,112,942 160,280,692 130,194,334 10,127,655,419´◊ÈÕ ‘π∑√—æ¬å 2,686,598 2,650,155 28,324,786 225,901,655 280,203,648 149,984,036 653,438 67,112,655 380,129,558 1,137,646,529 ‘π∑√—æ¬å‰¥â¡“®“°°“√≈ß∑ÿπ„π CFG(À¡“¬‡Àµÿ 9 °)) - - - - - 50,840,991 825,694 3,096,452 141,627,343 196,390,480

®—¥ª√–‡¿∑„À¡à (15,940,245) 25,829,676 106,137,465 178,217,869 97,712,710 25,373,696 2,802,124 (7,470,929) (412,662,366) -µ—¥®”Àπà“¬ ‘π∑√—æ¬å - - - (20,769,093) (3,626,457) (2,674,666) - (31,313,921) (2,966,008) (61,350,145)®”Àπà“¬ ‘π∑√—æ¬å (4,000,000) - (8,906,319) (435,518) (13,691,253) (21,088,302) (283,339) (6,061,319) (4,566,973) (59,033,023)‚Õπ¡“®“°∫—≠™’Õ◊Ëπ - - - - - - - 200,685 - 200,685§à“‡ ◊ËÕ¡√“§“ (7,914,995) (104,272,082) (313,115,295) (185,692,282) (362,435,343) (109,512,010) (31,410,854) (12,469,042) - (1,126,821,903)°“√¥âÕ¬§à“ - ÿ∑∏‘ - - - - - 8,275,318 - - - 8,275,318√“§“µ“¡∫—≠™’ª≈“¬ªï - ÿ∑∏‘ 486,030,820 1,915,136,413 4,660,632,592 1,103,763,054 1,096,282,400 487,286,915 68,700,005 173,375,273 231,755,888 10,222,963,360

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548

√“§“∑ÿπ 588,092,739 3,071,609,146 7,434,583,334 2,183,013,010 3,351,958,595 1,450,604,371 238,404,431 301,115,452 231,755,888 18,851,136,966À—° : §à“‡ ◊ËÕ¡√“§“ – ¡ (102,061,919) (1,156,472,733) (2,773,950,742) (1,079,249,956) (2,255,676,195) (951,467,046) (169,704,426) (127,740,179) - (8,616,323,196)

§à“‡º◊ËÕ°“√¥âÕ¬§à“ - - - - - (11,850,410) - - (11,850,410)√“§“µ“¡∫—≠™’ - ÿ∑∏‘ 486,030,820 1,915,136,413 4,660,632,592 1,103,763,054 1,096,282,400 487,286,915 68,700,005 173,375,273 231,755,888 10,222,963,360

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186√“¬ß“πª√–®”ªï 2548

∫√‘…

—∑ ‰¡‡π

Õ√å Õ‘π‡µÕ√å‡π

™—Ëπ·π

≈ ®”°—¥ (¡À“™π

)

ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ (∫“∑)Õ“§“√·≈– à«πª√—∫ª√ÿß ‡§√◊ËÕßµ°·µàß

∑’Ë¥‘π·≈– à«π Õÿª°√≥å Õ“§“√·≈– µ‘¥µ—Èß·≈–Õÿª°√≥å ‡§√◊ËÕß„™â„π ß“π√–À«à“ߪ√—∫ª√ÿß∑’Ë¥‘π ‘∑∏‘°“√‡™à“ ª√–°Õ∫ ‘∑∏‘°“√‡™à“ ”π—°ß“π Õÿª°√≥åÕ◊Ë𠬓πæ“Àπ– °“√¥”‡π‘πß“π °àÕ √â“ß √«¡

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547

√“§“∑ÿπ 9,510,983 18,690,531 526,505,308 15,262,326 217,156,979 895,019 25,860,185 12,921,845 26,231,482 853,034,658À—° : §à“‡ ◊ËÕ¡√“§“ – ¡ - (9,968,738) (209,174,116) (6,512,761) (118,904,550) (145,386) (13,020,436) (4,819,945) - (362,545,932)√“§“µ“¡∫—≠™’ - ÿ∑∏‘ 9,510,983 8,721,793 317,331,192 8,749,565 98,252,429 749,633 12,839,749 8,101,900 26,231,482 490,488,726

”À√—∫ªï ‘Èπ ÿ¥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548

√“§“µ“¡∫—≠™’µâπªï 9,510,983 8,721,793 317,331,192 8,749,565 98,252,429 749,633 12,839,749 8,101,900 26,231,482 490,488,726´◊ÈÕ ‘π∑√—æ¬å - - 10,245,736 - 8,722,179 5,038,244 653,437 252,000 15,800,443 40,712,039®—¥ª√–‡¿∑„À¡à - - 8,460,751 21,096,207 7,702,577 - - 2,376,250 (39,635,785) -®”Àπà“¬ ‘π∑√—æ¬å - - - - (658,763) - (3) - - (658,766)§à“‡ ◊ËÕ¡√“§“ - (622,613) (23,405,579) (2,205,965) (26,697,693) (417,431) (2,331,026) (745,845) - (56,426,152)√“§“µ“¡∫—≠™’ª≈“¬ªï - ÿ∑∏‘ 9,510,983 8,099,180 312,632,100 27,639,807 87,320,729 5,370,446 11,162,157 9,984,305 2,396,140 474,115,847

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548

√“§“∑ÿπ 9,510,983 18,690,531 545,211,795 36,358,533 229,695,141 5,933,263 25,841,291 15,550,095 2,396,140 889,187,772À—° : §à“‡ ◊ËÕ¡√“§“ – ¡ - (10,591,351) (232,579,695) (8,718,726) (142,374,412) (562,817) (14,679,134) (5,565,790) - (415,071,925)√“§“µ“¡∫—≠™’ - ÿ∑∏‘ 9.510,983 8,099,180 312,632,100 27,639,807 87,320,729 5,370,446 11,162,157 9,984,305 2,396,140 474,115,847

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π (µàÕ) ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

13. ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å - ÿ∑∏‘ (µàÕ)

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187√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

13. ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å - ÿ∑∏‘ (µàÕ)

∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß ÷Ëߥ”‡π‘π∏ÿ√°‘®‚√ß·√¡∫π∑’Ë¥‘π‡™à“ ‰¥â®¥®”πÕß ‘∑∏‘°“√‡™à“∑’Ë¥‘π∫“ß à«π√«¡∑—Èß ‘Ëߪ≈Ÿ° √â“ß ‡§√◊ËÕß®—°√·≈–Õÿª°√≥å ‡æ◊ËէȔª√–°—π«ß‡ß‘π°Ÿâ¬◊¡√–¬–¬“«∑’ˉ¥â√—∫®“° ∂“∫—π°“√‡ß‘π ·≈–∫√‘…—∑¬àÕ¬Õ’°·ÀàßÀπ÷Ë߉¥â®¥®”πÕß∑’Ë¥‘π·≈–Õ“§“√¢Õß∫√‘…—∑ ‡æ◊ËէȔª√–°—π«ß‡ß‘π°Ÿâ¬◊¡√–¬–¬“«∑’ˉ¥â√—∫®“° ∂“∫—π°“√‡ß‘π (À¡“¬‡Àµÿ 18)

„π√–À«à“ߪï æ.». 2545 ·≈– æ.». 2546 ∫√‘…—∑¬àÕ¬∫“ß·Àà߉¥â∑” —≠≠“¢“¬·≈–‡™à“°≈—∫§◊π°—∫°Õß∑ÿπ√«¡∫√‘À“√ ‘π∑√—æ¬å‰∑¬·≈–°Õß∑ÿπ√«¡Õ —ßÀ“√‘¡∑√—æ¬å∑√—æ¬å∑«’ °“√¢“¬¥—ß°≈à“«¡’‡ß◊ËÕπ‰¢„Àâ∫√‘…—∑¬àÕ¬‰∂à∂Õπ§◊π‰¥â¿“¬„π√–¬–‡«≈“∑’Ë°”Àπ¥„π —≠≠“ ‚¥¬∫√‘…—∑¬àÕ¬‰¥â√—∫ ‘∑∏‘„π°“√‡™à“·≈–´◊ÈÕ§◊π‡ªìπÕ—π¥—∫·√° ß∫°“√‡ß‘π¢Õß°Õß∑ÿπ√«¡∑—Èß Õß·Ààߥ—ß°≈à“«‰¥â∂Ÿ°√«¡„π°“√®—¥∑”ß∫°“√‡ß‘π√«¡¢Õß∫√‘…—∑·≈–¢Õß MFG µ“¡≈”¥—∫ ‘π∑√—æ¬å∑’Ë¢“¬·≈–‡™à“°≈—∫§◊π‡ ¡◊Õπ‡ªìπ°“√§È”ª√–°—π°“√°Ÿâ¬◊¡(À¡“¬‡Àµÿ 18) °“√· ¥ß∑’Ë¥‘π·≈–Õ“§“√„πß∫°“√‡ß‘π√«¡®÷߉¡à‡ª≈’ˬπ·ª≈ß®“°º≈¢Õß°“√∑” —≠≠“¥—ß°≈à“«

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ∫√‘…—∑¬àÕ¬‰¥âπ” ‘π∑√—æ¬å ÷Ëß¡’¡Ÿ≈§à“µ“¡∫—≠™’®”π«π 1,432 ≈â“π∫“∑ ‰ª§È”ª√–°—π‡ß‘π°Ÿâ¬◊¡√–¬–¬“« (À¡“¬‡Àµÿ 18)

ß∫°“√‡ß‘π√«¡ (1) ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ (2)

≈â“π∫“∑ ≈â“π∫“∑

¿“√–ºŸ°æ—π‡°’Ë¬«°—∫°“√ ◊ÈÕ ‘π∑√—æ¬å ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 286.7 0.8¿“√–ºŸ°æ—π‡°’Ë¬«°—∫°“√ ◊ÈÕ ‘π∑√—æ¬å ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547 65.4 1.1

(1) ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ∫√‘…—∑¬àÕ¬µà“ßÊ ¡’¿“√–ºŸ°æ—π®“°°“√∑” —≠≠“‡°’ˬ«°—∫°“√°àÕ √â“ß‚√ß·√¡∑’ˬ—ß¡‘‰¥â∫—π∑÷°‡ªìπÀπ’È ‘π‡ªìπ®”π«π‡ß‘πª√–¡“≥285.9 ≈â“π∫“∑ (æ.». 2547 : 64.3 ≈â“π∫“∑)

(2) ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ∫√‘…—∑¡’¿“√–ºŸ°æ—π®“°°“√∑” —≠≠“‡°’ˬ«°—∫°“√ª√—∫ª√ÿßÀâÕßæ—°·≈–√–∫∫µà“ßÊ ¢Õß‚√ß·√¡ ∑’ˬ—ß¡‘‰¥â∫—π∑÷°‡ªìπÀπ’È ‘π‡ªìπ®”π«π‡ß‘πª√–¡“≥ 0.8 ≈â“π∫“∑ (æ.». 2547 : 1.1 ≈â“π∫“∑)

14. ‘π∑√—æ¬å‰¡à¡’µ—«µπ - ÿ∑∏‘

ß∫°“√‡ß‘π√«¡ (∫“∑)µâπ∑ÿπ

°“√æ—≤π“ §à“§«“¡π‘¬¡·ø√π‰™ å §à“≈‘¢ ‘∑∏‘Ï §à“§«“¡π‘¬¡ µ‘¥≈∫ √«¡

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547

√“§“∑ÿπ 154,681,421 86,943,465 1,748,581,577 (624,681,677) 1,365,524,786À—° : §à“µ—¥®”Àπà“¬ – ¡ (148,527,408) (66,199,789) (200,959,709) 174,907,295 (240,779,611)√“§“µ“¡∫—≠™’ - ÿ∑∏‘ 6,154,013 20,743,676 1,547,621,868 (449,774,382) 1,124,745,175

√“¬°“√∑’ˇ°‘¥„π√–À«à“ßªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548

‘π∑√—æ¬å„π CFG ≥ «—π∑’Ë≈ß∑ÿπ‡æ‘Ë¡√“§“∑ÿπ - - 31,906,626 - 31,906,626À—° : §à“µ—¥®”Àπà“¬ – ¡ - - (1,067,687) - (1,067,687)√“§“µ“¡∫—≠™’ - ÿ∑∏‘ - - 30,838,939 - 30,838,939

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

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188 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

ß∫°“√‡ß‘π√«¡ (∫“∑)µâπ∑ÿπ

°“√æ—≤π“ §à“§«“¡π‘¬¡·ø√π‰™ å §à“≈‘¢ ‘∑∏‘Ï §à“§«“¡π‘¬¡ µ‘¥≈∫ √«¡

À¡“¬‡Àµÿ 9 °)§à“§«“¡π‘¬¡∑’ˇ°‘¥®“°°“√≈ß∑ÿπ‡æ‘Ë¡„π MFG - - 13,937,416 - 13,937,416§à“§«“¡π‘¬¡∑’ˇ°‘¥®“°°“√≈ß∑ÿπ„π CFG - - 83,319,875 - 83,319,875§à“§«“¡π‘¬¡∑’ˇ°‘¥®“°°“√≈ß∑ÿπ‡æ‘Ë¡„π RHC - - 35,929,968 - 35,929,968

- - 133,187,259 - 133,187,259 ‘π∑√—æ¬å∑’ˇæ‘Ë¡¢÷Èπ„π√–À«à“ߪï - 1,216,838 - - 1,216,838µ—¥®”Àπà“¬ ‘π∑√—æ¬å - - 59,378 - 59,378§à“µ—¥®”Àπà“¬ (1,291,591) (3,719,737) (55,557,245) 34,131,742 (26,436,831)

√“§“µ“¡∫—≠™’ª≈“¬ªï - ÿ∑∏‘ 4,862,422 18,240,777 1,656,150,199 (415,642,640) 1,263,610,758

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548

√“§“∑ÿπ 154,681,421 88,160,303 1,913,734,840 (624,681,677) 1,531,894,887À—° : §à“µ—¥®”Àπà“¬ – ¡ (149,818,999) (69,919,526) (257,584,641) 209,039,037 (268,284,129)√“§“µ“¡∫—≠™’ - ÿ∑∏‘ 4,862,422 18,240,777 1,656,150,199 (415,642,640) 1,263,610,758

15. ‘π∑√—æ¬å‰¡àÀ¡ÿπ‡«’¬πÕ◊Ëπ

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

‡ß‘π¡—¥®” 173,522,406 209,586,304 3,611,473 3,625,243§à“„™â®à“¬√Õ°“√µ—¥∫—≠™’ 109,452,214 47,214,575 19,768,515 23,632,812¿“…’‡ß‘π‰¥â√Õ√—∫§◊π 18,255,611 18,255,611 - -Õ◊Ëπ Ê 28,402,249 20,471,898 - -√«¡ ‘π∑√—æ¬å‰¡àÀ¡ÿπ‡«’¬πÕ◊Ëπ 329,632,480 295,528,388 23,379,988 27,258,055

∫√‘…—∑¬àÕ¬‰¥âπ”¿“…’‡ß‘π‰¥â√—∫§◊π∑’ˉ¥â√—∫·®âß®“°°√¡ √√æ“°√·≈â« ®”π«π‡ß‘π 18.3 ≈â“π∫“∑‰ª«“߇ªìπÀ≈—°ª√–°—π °“√Õÿ∑∏√≥å¿“…’°—∫°√¡ √√æ“°√µ“¡‡ß◊ËÕπ‰¢¢Õß°√–∫«π°“√Õÿ∑∏√≥å (À¡“¬‡Àµÿ 31)

16. ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ®“° ∂“∫—π°“√‡ß‘π

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

‡ß‘π‡∫‘°‡°‘π∫—≠™’ 20,096,852 9,476,497 12,792,032 3,697,663

‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ®“° ∂“∫—π°“√‡ß‘π 748,485,750 430,932,798 642,000,000 430,932,798

√«¡‡ß‘π‡∫‘°‡°‘π∫—≠™’∏𓧓√·≈–‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ®“° ∂“∫—π°“√‡ß‘π 768,582,602 440,409,295 654,792,032 434,630,461

‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ®“° ∂“∫—π°“√‡ß‘π‡ªìπ‡ß‘π°Ÿâ¬◊¡„π °ÿ≈‡ß‘π∫“∑

14. ‘π∑√—æ¬å‰¡à¡’µ—«µπ - ÿ∑∏‘ (µàÕ)

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189√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

17. Àπ’È ‘πÀ¡ÿπ‡«’¬πÕ◊Ëπ

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

‡®â“Àπ’餈ҡàÕ √â“ß 73,859,218 93,165,538 7,172,712 3,455,875‡®â“Àπ’ÈÕ◊Ëπ 260,451,780 194,534,746 7,834,140 8,493,402Õ◊ËπÊ 215,336,739 256,218,858 18,676,896 17,315,608√«¡Àπ’È ‘πÀ¡ÿπ‡«’¬πÕ◊Ëπ 549,647,737 543,919,142 33,683,748 29,264,885

18. ‡ß‘π°Ÿâ¬◊¡√–¬–¬“«

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

‡ß‘π°Ÿâ¬◊¡√–¬–¬“« à«π∑’Ë∂÷ß°”Àπ¥™”√–¿“¬„πÀπ÷Ëߪï‡ß‘π°Ÿâ¬◊¡®“° ∂“∫—π°“√‡ß‘π 482,900,000 263,250,000 54,040,000 -

‡ß‘π°Ÿâ¬◊¡√–¬–¬“«‡ß‘π°Ÿâ¬◊¡®“° ∂“∫—π°“√‡ß‘π 968,298,601 1,490,449,139 292,000,000 469,440,000‡ß‘π°Ÿâ¬◊¡Õ◊Ëπ 1,174,900,000 1,274,900,000 - -

2,143,198,601 2,765,349,139 292,000,000 469,440,000√«¡‡ß‘π°Ÿâ¬◊¡√–¬–¬“« 2,626,098,601 3,028,599,139 346,040,000 469,440,000

√–¬–‡«≈“°“√§√∫°”Àπ¥¢Õ߇ߑπ°Ÿâ¬◊¡√–¬–¬“« “¡“√∂«‘‡§√“–À剥⥗ßπ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

§√∫°”Àπ¥¿“¬„π 1 ªï 482,900,000 263,250,000 54,040,000 -§√∫°”Àπ¥¿“¬„π√–À«à“ß 2 - 5 ªï 968,298,601 1,443,449,139 292,000,000 469,440,000§√∫°”À𥇰‘π°«à“ 5 ªï 1,174,900,000 1,321,900,000 - -√«¡‡ß‘π°Ÿâ¬◊¡√–¬–¬“« 2,626,098,601 3,028,599,139 346,040,000 469,440,000

°“√‡ª≈’ˬπ·ª≈ߢÕ߇ߑπ°Ÿâ¬◊¡√–¬–¬“« “¡“√∂«‘‡§√“–À套ßπ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑∫“∑ ∫“∑

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548√“§“µ“¡∫—≠™’µâπªï 3,028,599,139 469,440,000°“√°Ÿâ‡æ‘Ë¡ 1,076,600,000 976,600,000®à“¬™”√–§◊π‡ß‘π°Ÿâ (1,479,930,000) (1,100,000,000)µâπ∑ÿπ„π°“√®—¥À“‡ß‘π°Ÿâ¬◊¡√–¬–¬“« 829,462 -√“§“µ“¡∫—≠™’ª≈“¬ªï 2,626,098,601 346,040,000

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190 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

‡ß‘π°Ÿâ¬◊¡®“° ∂“∫—π°“√‡ß‘π

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ‡ß‘π°Ÿâ¬◊¡®“° ∂“∫—π°“√‡ß‘π∑’Ë√«¡Õ¬Ÿà„πß∫°“√‡ß‘π√«¡®”π«π 1,451 ≈â“π∫“∑ ª√–°Õ∫¥â«¬

°) ‡ß‘π°Ÿâ¬◊¡¢Õß∫√‘…—∑ª√–‡¿∑‰¡à¡’À≈—°ª√–°—π§ß‡À≈◊Õ®”π«π 292 ≈â“π∫“∑ ·≈–®”π«π 54 ≈â“π∫“∑ ‡ß‘π°Ÿâ¬◊¡ à«π·√°§‘¥¥Õ°‡∫’Ȭ„πÕ—µ√“‡ß‘πΩ“°ª√–®” 12 ‡¥◊Õπ∫«°Õ—µ√“√âÕ¬≈–§ß∑’˵àÕªï·≈–¡’°”Àπ¥™”√–§◊π„πªï æ.». 2552 ∫√‘…—∑®–µâÕߪؑ∫—µ‘µ“¡‡ß◊ËÕπ‰¢∑’Ë ”§—≠∫“ߪ√–°“√∑’Ë°”À𥉫âµ≈Õ¥Õ“¬ÿ —≠≠“‡ß‘π°Ÿâ ‡ß‘π°Ÿâ¬◊¡Õ’° à«πÀπ÷Ëß®”π«π 54 ≈â“π∫“∑ §‘¥¥Õ°‡∫’Ȭ„πÕ—µ√“√âÕ¬≈–§ß∑’˵àÕªï ·≈–¡’°”Àπ¥™”√–§◊π„πªï æ.». 2549 ∫√‘…—∑®–µâÕߪؑ∫—µ‘µ“¡‡ß◊ËÕπ‰¢∑’Ë ”§—≠∫“ߪ√–°“√∑’Ë°”À𥉫âµ≈Õ¥Õ“¬ÿ —≠≠“‡ß‘π°Ÿâ

¢) ‡ß‘π°Ÿâ¬◊¡¢Õß∫√‘…—∑¬àÕ¬ Õß·Ààߧ߇À≈◊Õ®”π«π 716 ≈â“π∫“∑ §È”ª√–°—π‚¥¬°“√®¥®”πÕß∑’Ë¥‘π·≈– ‘∑∏‘°“√‡™à“∑’Ë¥‘π √«¡∑—Èß ‘Ëߪ≈Ÿ° √â“ß ‡§√◊ËÕß®—°√·≈–Õÿª°√≥å¢Õß∫√‘…—∑¬àÕ¬ Õß·Ààß (À¡“¬‡Àµÿ 13) ‡ß‘π°Ÿâ¬◊¡¥—ß°≈à“«§‘¥¥Õ°‡∫’Ȭ„πÕ—µ√“√âÕ¬≈–§ß∑’˵àÕªï„πªï æ.». 2547 ∂÷ߪï æ.». 2548 ·≈–„πÕ—µ√“ MLR ≈∫Õ—µ√“√âÕ¬≈–§ß∑’Ë ·≈–Õ—µ√“≈Õ¬µ—«∑’˵°≈ß°—π ‡√‘Ë¡µ—Èß·µà«—π∑’Ë 1¡°√“§¡ æ.». 2549 ‡ß‘π°Ÿâ¬◊¡¥—ß°≈à“«¡’°”Àπ¥™”√–§◊π„π√–À«à“ߪï æ.». 2542 ∂÷ß æ.». 2552

§) ‡ß‘π°Ÿâ¬◊¡¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëߪ√–‡¿∑‰¡à¡’À≈—°ª√–°—π®”π«π 83 ≈â“π∫“∑ ‚¥¬¡’Õ—µ√“¥Õ°‡∫’Ȭ MLR ≈∫Õ—µ√“√âÕ¬≈–§ß∑’˵àÕªï ·≈–¡’‡ß◊ËÕπ‰¢°“√™”√–‡ß‘π§◊π∑ÿ°‡¥◊Õπ‡ªìπ‡«≈“ 36 ‡¥◊Õπ ‚¥¬‡√‘Ë¡°“√™”√–§◊π‡¥◊Õπ·√°«—π∑’Ë 31 °√°Æ“§¡ æ.». 2548÷Ëß∫√‘…—∑¬àÕ¬¥—ß°≈à“«®–µâÕߪؑ∫—µ‘µ“¡‡ß◊ËÕπ‰¢∑’Ë ”§—≠∫“ߪ√–°“√∑’Ë°”À𥉫âµ≈Õ¥Õ“¬ÿ —≠≠“‡ß‘π°Ÿâ

ß) ‡ß‘π°Ÿâ¬◊¡¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëߪ√–‡¿∑‰¡à¡’À≈—°ª√–°—π®”π«π 124 ≈â“π∫“∑ ‚¥¬¡’Õ—µ√“¥Õ°‡∫’Ȭ§ß∑’Ë„π 3 ªï·√° ·≈–Õ—µ√“≈Õ¬µ—«„πªï∑’Ë 4 ·≈–¡’‡ß◊ËÕπ‰¢°“√™”√–‡ß‘π§◊π∑ÿ°§√÷Ëߪìπ‡«≈“ 7 ß«¥ ‚¥¬‡√‘Ë¡°“√™”√–§◊πß«¥·√°«—π∑’Ë 30 ¡‘∂ÿπ“¬πæ.». 2547 ÷Ëß∫√‘…—∑¬àÕ¬¥—ß°≈à“«®–µâÕߪؑ∫—µ‘µ“¡‡ß◊ËÕπ‰¢∑’Ë ”§—≠∫“ߪ√–°“√∑’Ë°”À𥉫âµ≈Õ¥Õ“¬ÿ —≠≠“‡ß‘π°Ÿâ

®) ‡ß‘π°Ÿâ¬◊¡¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëߪ√–‡¿∑‰¡à¡’À≈—°ª√–°—π§ß‡À≈◊Õ®”π«π 72 ≈â“π∫“∑ ‚¥¬¡’Õ—µ√“¥Õ°‡∫’Ȭ§ß∑’Ë·≈–¡’°”Àπ¥™”√–‡ß‘π§◊π¿“¬„π 4 ªï ‚¥¬‡√‘Ë¡°“√™”√–§◊πß«¥·√°®”π«π 26 ≈â“π∫“∑„π‰µ√¡“ ∑’Ë 4 ¢Õߪï æ.». 2547 ÷Ëß∫√‘…—∑¬àÕ¬¥—ß°≈à“« ®–µâÕߪؑ∫—µ‘µ“¡‡ß◊ËÕπ‰¢∑’Ë ”§—≠∫“ߪ√–°“√∑’Ë°”À𥉫âµ≈Õ¥Õ“¬ÿ —≠≠“‡ß‘π°Ÿâ

©) ‡ß‘π°Ÿâ¬◊¡¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëߪ√–‡¿∑‰¡à¡’À≈—°ª√–°—π®”π«π 110 ≈â“π∫“∑ ‚¥¬¡’Õ—µ√“¥Õ°‡∫’Ȭ§ß∑’Ë·≈–¡’°”Àπ¥™”√–‡ß‘π§◊π¿“¬„π ªï æ.». 2549

‡ß‘π°Ÿâ¬◊¡Õ◊Ëπ

‡ß‘π°Ÿâ¬◊¡Õ◊Ëπ®”π«π 1,175 ≈â“π∫“∑ ‡ªìπ‡ß‘π°Ÿâ¬◊¡‚¥¬°Õß∑ÿπ√«¡Õ —ßÀ“√‘¡∑√—æ¬å Õß·Ààß ¥—ßπ’È

°) ‡ß‘π°Ÿâ¬◊¡√–¬–¬“«®”π«π 725 ≈â“π∫“∑ ÷Ë߇ªìπ à«π¢ÕߺŸâ∂◊ÕÀπ૬≈ß∑ÿπª√–‡¿∑ ° ·≈–ª√–‡¿∑ ¢ „π°Õß∑ÿπ√«¡∫√‘À“√ ‘π∑√—æ¬å‰∑¬ ÷Ëß∂◊Õ‚¥¬∏𓧓√·≈– ∂“∫—π°“√‡ß‘πµà“ß Ê ºŸâ∂◊ÕÀπ૬≈ß∑ÿπ¥—ß°≈à“«‰¥â√—∫º≈µÕ∫·∑π„πÕ—µ√“√âÕ¬≈–§ß∑’Ë·≈–Õ—µ√“√âÕ¬≈– MLR ≈∫¥â«¬Õ—µ√“√âÕ¬≈–§ß∑’˵“¡∑’Ë√–∫ÿ„π —≠≠“ºŸâ∂◊ÕÀπ૬≈ß∑ÿπ ‡ß‘π°Ÿâ¬◊¡¥—ß°≈à“«¡’°”Àπ¥™”√–§◊π¿“¬„π10 ªï

18. ‡ß‘π°Ÿâ¬◊¡√–¬–¬“« (µàÕ)

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

°Õß∑ÿπ√«¡∫√‘À“√ ‘π∑√—æ¬å‰∑¬‰¥â√—∫‚Õπ ‘∑∏‘Ï·≈–§«“¡‡ªìπ‡®â“¢Õß∑“ß°ÆÀ¡“¬„π∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å¢Õß°≈ÿà¡∫√‘…—∑∑’Ë¡’¡Ÿ≈§à“∑“ß∫—≠™’®”π«π 1,106 ≈â“π∫“∑ ‡æ◊ËÕ‡ªìπÀ≈—°ª√–°—π

¢) ‡ß‘π°Ÿâ¬◊¡√–¬–¬“«®”π«π 450 ≈â“π∫“∑ ÷Ë߇ªìπ à«π¢ÕߺŸâ∂◊ÕÀπ૬≈ß∑ÿπª√–‡¿∑ ° „π°Õß∑ÿπ√«¡Õ —ßÀ“√‘¡∑√—æ¬å∑√—æ¬å∑«’÷Ëß∂◊Õ‚¥¬∏𓧓√·≈– ∂“∫—π°“√‡ß‘πµà“ßÊ ºŸâ∂◊ÕÀπ૬≈ß∑ÿπ¥—ß°≈à“«‰¥â√—∫º≈µÕ∫·∑π„πÕ—µ√“√âÕ¬≈– MLR ≈∫¥â«¬Õ—µ√“

√âÕ¬≈–§ß∑’˵“¡∑’Ë√–∫ÿ„π —≠≠“ºŸâ∂◊ÕÀπ૬≈ß∑ÿπ ‡ß‘π°Ÿâ¬◊¡¥—ß°≈à“«¡’°”Àπ¥™”√–§◊π¿“¬„π 10 ªï

°Õß∑ÿπ√«¡Õ —ßÀ“√‘¡∑√—æ¬å∑√—æ¬å∑«’ ‰¥â√—∫‚Õπ ‘∑∏‘Ï·≈–§«“¡‡ªìπ‡®â“¢Õß∑“ß°ÆÀ¡“¬„π∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å¢Õß°≈ÿà¡∫√‘…—∑∑’Ë¡’¡Ÿ≈§à“∑“ß∫—≠™’®”π«π 326 ≈â“π∫“∑ ‡æ◊ËÕ‡ªìπÀ≈—°ª√–°—π

«ß‡ß‘π°Ÿâ¬◊¡

°≈ÿà¡∫√‘…—∑·≈–∫√‘…—∑¡’«ß‡ß‘π°Ÿâ¬◊¡√–¬–¬“«∑’ˬ—߉¡à‰¥â„™â¥—ßµàÕ‰ªπ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑Õ—µ√“¥Õ°‡∫’Ȭ≈Õ¬µ—«

- À¡¥Õ“¬ÿ¿“¬„π 1 ªï 108,000,000 400,000,000 108,000,000 400,000,000- À¡¥Õ“¬ÿ¿“¬À≈—ß 1 ªï 200,000,000 200,000,000 200,000,000 200,000,000

308,000,000 600,000,000 308,000,000 600,000,000

«ß‡ß‘π°Ÿâ¬◊¡‰¥â√—∫¡“‡æ◊ËÕ„™â„π°“√¢¬“¬°“√¥”‡π‘πß“π¢Õß°≈ÿà¡∫√‘…—∑·≈–¢Õß∫√‘…—∑

√“§“µ“¡∫—≠™’¢Õ߇ߑπ°Ÿâ¬◊¡√–¬–¬“« ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ¡’¡Ÿ≈§à“„°≈⇧’¬ß°—∫¡Ÿ≈§à“¬ÿµ‘∏√√¡

19. Àπ’È ‘πµ“¡ —≠≠“‡™à“°“√‡ß‘π - ÿ∑∏‘ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

Àπ’È ‘πµ“¡ —≠≠“‡™à“°“√‡ß‘π 27,948,666 55,763,907 - -À—° : ¥Õ°‡∫’Ȭ√Õ°“√µ—¥®”Àπà“¬ (1,493,538) (4,999,493) - -

26,455,128 50,764,414 - -À—° : à«π∑’Ë∂÷ß°”Àπ¥™”√–¿“¬„πÀπ÷Ëߪï (22,381,638) (14,888,590) - -Àπ’È ‘πµ“¡ —≠≠“‡™à“°“√‡ß‘π - ÿ∑∏‘ 4,073,490 35,875,824 - -

∫√‘…—∑¬àÕ¬ Õß·Àà߉¥â∑” —≠≠“‡™à“°“√‡ß‘π°—∫∫√‘…—∑≈’ ´‘Ëß ‡æ◊ËÕ‡™à“√∂¬πµå„™â„π°“√¥”‡π‘πß“π ·≈–¡’°”Àπ¥°“√™”√–§à“‡™à“‡ªìπ√“¬‡¥◊Õπ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ∫√‘…—∑¬àÕ¬¥—ß°≈à“«¡’¿“√–ºŸ°æ—π∑’Ë®–µâÕß®à“¬§à“‡™à“¢—ÈπµË”µ“¡ —≠≠“‡™à“°“√‡ß‘π„π·µà≈–ªï ¥—ßπ’È

ªï ≈â“π∫“∑æ.». 2549 23.66æ.». 2550 4.29

27.95

18. ‡ß‘π°Ÿâ¬◊¡√–¬–¬“« (µàÕ)

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192 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

20. Àÿâπ°Ÿâ

ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547

∫“∑ ∫“∑

Àÿâπ°Ÿâ à«π∑’Ë∂÷ß°”Àπ¥™”√–¿“¬„πÀπ÷Ëߪï 212,500,000 212,500,000Àÿâπ°Ÿâ√–¬–¬“«∂÷ß°”Àπ¥π“π°«à“Àπ÷Ëߪï 3,556,250,000 2,668,750,000√«¡Àÿâπ°Ÿâ√–¬–¬“« 3,768,750,000 2,881,250,000

°“√‡ª≈’ˬπ·ª≈ߢÕßÀÿâπ°Ÿâ “¡“√∂«‘‡§√“–À套ßπ’È

ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑∫“∑

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548√“§“µ“¡∫—≠™’µâπªï 2,881,250,000®à“¬™”√–‡ß‘π°Ÿâ (212,500,000)ÕÕ°Àÿâπ°Ÿâ‡æ‘Ë¡ 1,100,000,000√“§“µ“¡∫—≠™’ª≈“¬ªï 3,768,750,000

Àÿâπ°Ÿâª√–°Õ∫¥â«¬

°) Àÿâπ°Ÿâ‰¡à¥âÕ¬ ‘∑∏‘ ÕÕ°√–À«à“߉µ√¡“ ∑’Ë “¡¢Õߪï æ.». 2545 ‰¡à¡’À≈—°ª√–°—π·≈–‰¡à¡’ºŸâ·∑πºŸâ∂◊ÕÀÿâπ°Ÿâ ®”π«π 1,700,000Àπ૬ ¡Ÿ≈§à“∑’˵√“‰«âÀπ૬≈– 1,000 ∫“∑ √«¡¡Ÿ≈§à“ 1,700 ≈â“π∫“∑ ‡æ◊ËÕ„™â‰∂à∂ÕπÀÿâπ°Ÿâ·≈–®à“¬§◊π‡ß‘π°Ÿâ¬◊¡√–¬–¬“«°àÕπ§√∫°”Àπ¥ Àÿâπ°Ÿâπ’È¡’Õ“¬ÿ 5 ªï ‚¥¬·∫àß°“√™”√–§◊π‡ß‘πµâπ∑ÿ°ß«¥À°‡¥◊Õπ ®”π«π 8 ß«¥ ß«¥≈– 106.25 ≈â“π∫“∑ ´÷Ëߧ√∫°”Àπ¥™”√–§◊π‡ß‘πµâπß«¥·√°‡¡◊ËÕ«—π∑’Ë 23 ‘ßÀ“§¡ æ.». 2546 ·≈–®–§√∫°”Àπ¥‰∂à∂Õπß«¥ ÿ¥∑⓬®”π«π 850 ≈â“π∫“∑„π«—π∑’Ë 23 ‘ßÀ“§¡ æ.». 2550 ºŸâ∂◊ÕÀÿâπ°Ÿâ®–‰¥â√—∫¥Õ°‡∫’Ȭ„πÕ—µ√“√âÕ¬≈–§ß∑’˵àÕªï ‚¥¬∫√‘…—∑®–™”√–¥Õ°‡∫’Ȭ‡ªìπß«¥√“¬À°‡¥◊Õπ ∑ÿ°«—π∑’Ë 23 °ÿ¡¿“æ—π∏å ·≈–«—π∑’Ë 23 ‘ßÀ“§¡¢Õß·µà≈–ªïµ≈Õ¥Õ“¬ÿÀÿâπ°Ÿâ ¿“¬„µâ‡ß◊ËÕπ‰¢¢ÕߢâÕ°”Àπ¥ ‘∑∏‘¢ÕߺŸâ∂◊ÕÀÿâπ°Ÿâ‰¥â√–∫ÿ¢âժؑ∫—µ‘·≈–¢âÕ®”°—¥∫“ߪ√–°“√ ‡™àπ °“√¥”√ßÕ—µ√“ à«πÀπ’È ‘πµàÕ à«π¢ÕߺŸâ∂◊ÕÀÿâπ °“√®à“¬‡ß‘πªíπº≈ ·≈–°“√®”Àπà“¬®à“¬‚Õπ∑√—æ¬å ‘πÕ—π‡ªìπ “√– ”§—≠∑’Ë„™â„π°“√ª√–°Õ∫∏ÿ√°‘®À≈—°

¢) Àÿâπ°Ÿâ‰¡à¥âÕ¬ ‘∑∏‘‰¡à¡’À≈—°ª√–°—π·≈–‰¡à¡’ºŸâ·∑πºŸâ∂◊ÕÀÿâπ°Ÿâ®”π«π 1,000 ≈â“π∫“∑ ÕÕ°„π‡¥◊Õπ¡°√“§¡ æ.». 2547 ¡’Õ—µ√“¥Õ°‡∫’Ȭ√âÕ¬≈–§ß∑’˵àÕªï ·≈–°”Àπ¥™”√–§◊π¿“¬„πªï æ.». 2553

§) Àÿâπ°Ÿâ‰¡à¥âÕ¬ ‘∑∏‘‰¡à¡’À≈—°ª√–°—π·≈–‰¡à¡’ºŸâ·∑πºŸâ∂◊ÕÀÿâπ°Ÿâ®”π«π 500 ≈â“π∫“∑ ÕÕ°„π‡¥◊Õπ∏—𫓧¡ æ.». 2547 ¡’Õ—µ√“¥Õ°‡∫’Ȭ√âÕ¬≈–§ß∑’˵àÕªï ·≈–°”Àπ¥™”√–§◊π¿“¬„πªï æ.». 2550

ß) Àÿâπ°Ÿâ‰¡à¥âÕ¬ ‘∑∏‘‰¡à¡’À≈—°ª√–°—π·≈–‰¡à¡’ºŸâ·∑πºŸâ∂◊ÕÀÿâπ°Ÿâ®”π«π 1,100 ≈â“π∫“∑ ÕÕ°„π‡¥◊Õπ情¿“§¡ æ.». 2548 ¡’Õ—µ√“¥Õ°‡∫’Ȭ√âÕ¬≈–§ß∑’˵àÕªï ·≈–°”Àπ¥™”√–§◊π¿“¬„πªï æ.». 2553

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193√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

∑’˪√–™ÿ¡ “¡—≠ª√–®”ªï¢ÕߺŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑‡¡◊ËÕ«—π∑’Ë 21 ‡¡…“¬π æ.». 2548 ‰¥â¡’¡µ‘Õπÿ¡—µ‘„ÀâÕÕ°·≈–‡ πÕ¢“¬Àÿâπ°Ÿâ„π«ß‡ß‘π‰¡à‡°‘π 5,000 ≈â“π∫“∑ ‚¥¬‡ªìπÀÿâπ°Ÿâ‰¡à¥âÕ¬ ‘∑∏‘ ™π‘¥¡’À≈—°ª√–°—π·≈–/À√◊Õ‰¡à¡’À≈—°ª√–°—π√–¬–¬“« (µ“¡§«“¡‡À¡“– ¡¢Õßµ≈“¥„π¢≥–∑’ËÕÕ°) ·≈–¡’Õ“¬ÿ‰¡à‡°‘π 10 ªï ‡æ◊ËÕ™”√–§◊π‡ß‘π°Ÿâ¬◊¡¢Õß∫√‘…—∑∑—Èß√–¬– —Èπ·≈–/À√◊Õ√–¬–¬“«·≈–‡ªìπ·À≈à߇ߑπ∑ÿπÀ¡ÿπ‡«’¬π ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ∫√‘…—∑¬—߉¡à‰¥â‡ πÕ¢“¬Àÿâπ°Ÿâ¥—ß°≈à“«

§≥–°√√¡°“√¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ë߉¥â¡’¡µ‘Õπÿ¡—µ‘„ÀâÕÕ°·≈–‡ πÕ¢“¬Àÿâπ°Ÿâ‡æ‘Ë¡‡µ‘¡ ‚¥¬‡ªìπÀÿâπ°Ÿâ‰¡à “¡“√∂·ª≈ß ¿“æ·≈–‰¡à§«∫„∫ ”§—≠· ¥ß ‘∑∏‘®”π«π‡ß‘π‰¡à‡°‘π 2,000 ≈â“π∫“∑ ·≈–¡’Õ“¬ÿ‰¡à‡°‘π 6 ªï Õ¬à“߉√°Áµ“¡ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548∫√‘…—∑¬àÕ¬¥—ß°≈à“«¬—߉¡à‰¥â‡ πÕ¢“¬Àÿâπ°Ÿâ¥—ß°≈à“«

√“§“µ“¡∫—≠™’¢ÕßÀÿâπ°Ÿâ√–¬–¬“« ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ”À√—∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑¡’¡Ÿ≈§à“„°≈⇧’¬ß°—∫¡Ÿ≈§à“¬ÿµ‘∏√√¡

21. ∑ÿπ‡√◊ÕπÀÿâπ·≈– à«π‡°‘π¡Ÿ≈§à“Àÿâπ

ß∫°“√‡ß‘π√«¡ à«π‡°‘π

®”π«πÀÿâπ ®”π«πÀÿâπ Àÿâπ “¡—≠ Àÿâπ∫ÿ√‘¡ ‘∑∏‘ ¡Ÿ≈§à“Àÿâπ √«¡ “¡—≠ ∫ÿ√‘¡ ‘∑∏‘ ∫“∑ ∫“∑ ∫“∑ ∫“∑

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2546 2,251,070,800 42,895,000 2,251,070,800 42,895,000 387,909,302 2,681,875,102°“√ÕÕ°Àÿâπ 162,186,841 20,625,000 162,186,841 20,625,000 99,302,850 282,114,691≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547 2,413,257,641 63,520,000 2,413,257,641 63,520,000 487,212,152 2,963,989,793‚Õπ„∫ ”§—≠· ¥ß ‘∑∏‘∑’ËÀ¡¥Õ“¬ÿ

‰ª à«π‡°‘π¡Ÿ≈§à“Àÿâπ - - - - 19,711,121 19,711,121Àÿâπªíπº≈ (À¡“¬‡Àµÿ 27) 242,488,278 - 242,488,278 - - 242,488,278°“√ÕÕ°Àÿâπ 14,390,350 - 14,390,350 - 8,987,238 23,377,588≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 2,670,136,269 63,520,000 2,670,136,269 63,520,000 515,910,511 3,249,566,780

ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

à«π‡°‘π®”π«πÀÿâπ ®”π«πÀÿâπ Àÿâπ “¡—≠ Àÿâπ∫ÿ√‘¡ ‘∑∏‘ ¡Ÿ≈§à“Àÿâπ √«¡

“¡—≠ ∫ÿ√‘¡ ‘∑∏‘ ∫“∑ ∫“∑ ∫“∑ ∫“∑

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2546 2,251,070,800 42,895,000 2,251,070,800 42,895,000 381,968,047 2,675,933,847°“√ÕÕ°Àÿâπ 162,186,841 20,625,000 162,186,841 20,625,000 99,302,851 282,114,692≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2547 2,413,257,641 63,520,000 2,413,257,641 63,520,000 481,270,898 2,958,048,539‚Õπ„∫ ”§—≠· ¥ß ‘∑∏‘∑’ËÀ¡¥Õ“¬ÿ

‰ª à«π‡°‘π¡Ÿ≈§à“Àÿâπ - - - - 19,711,121 19,711,121Àÿâπªíπº≈ (À¡“¬‡Àµÿ 27) 242,488,278 - 242,488,278 - - 242,488,278°“√ÕÕ°Àÿâπ 14,390,350 - 14,390,350 - 8,987,238 23,377,588≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 2,670,136,269 63,520,000 2,670,136,269 63,520,000 509,969,257 3,243,625,526

20. Àÿâπ°Ÿâ (µàÕ)

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 Àÿâπ®¥∑–‡∫’¬π∑—ÈßÀ¡¥‰¥â·°àÀÿâπ “¡—≠ 3,097,854,371 Àÿâπ ·≈–Àÿâπ∫ÿ√‘¡ ‘∑∏‘ 200,000,000 Àÿâπ(æ.». 2547 : Àÿâπ “¡—≠ 2,443,144,835 Àÿâπ ·≈–Àÿâπ∫ÿ√‘¡ ‘∑∏‘ 200,000,000 Àÿâπ) ÷Ëß¡’¡Ÿ≈§à“Àÿâπ≈– 1 ∫“∑ ‚¥¬¡’Àÿâπ “¡—≠ ®”π«π2,670,136,269 Àÿâπ ·≈–Àÿâπ∫ÿ√‘¡ ‘∑∏‘®”π«π 63,520,000 Àÿâπ∑’ˉ¥âÕÕ°·≈–™”√–‡µÁ¡¡Ÿ≈§à“·≈â« (æ.». 2547 : Àÿâπ “¡—≠ 2,413,257,641Àÿâπ ·≈–Àÿâπ∫ÿ√‘¡ ‘∑∏‘ 63,520,000 Àÿâπ)

®“°°“√ª√–™ÿ¡ “¡—≠ª√–®”ªï¢ÕߺŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑‡¡◊ËÕ«—π∑’Ë 21 ‡¡…“¬π æ.». 2548 ºŸâ∂◊ÕÀÿâπ‰¥â¡’¡µ‘Õπÿ¡—µ‘‡√◊ËÕßµà“ßÊ ¥—ßµàÕ‰ªπ’È

21.1 °“√≈¥∑ÿπ®¥∑–‡∫’¬π¢Õß∫√‘…—∑®“° 2,765.4 ≈â“π∫“∑ ‡ªìπ 2,628.9 ≈â“π∫“∑ ‚¥¬°“√¬°‡≈‘°Àÿâπ∫ÿ√‘¡ ‘∑∏‘®¥∑–‡∫’¬π∑’ˬ—߉¡à‰¥âÕÕ°®”Àπà“¬®”π«π 136,480,000 Àÿâπ ‚¥¬¡’¡Ÿ≈§à“∑’˵√“‰«âÀÿâπ≈– 1 ∫“∑

21.2 °“√‡æ‘Ë¡∑ÿπ®¥∑–‡∫’¬π¢Õß∫√‘…—∑®“° 2,628.9 ≈â“π∫“∑ ‡ªìπ 3,297.9 ≈â“π∫“∑ ‚¥¬·∫à߇ªìπÀÿâπ “¡—≠ 3,097.9 ≈â“πÀÿâπ „π¡Ÿ≈§à“∑’˵√“‰«âÀÿâπ≈– 1 ∫“∑ ·≈–Àÿâπ∫ÿ√‘¡ ‘∑∏‘ 200 ≈â“πÀÿâπ „π¡Ÿ≈§à“∑’˵√“‰«âÀÿâπ≈– 1 ∫“∑ ·≈–æ‘®“√≥“°“√®—¥ √√Àÿâπ‡æ‘Ë¡∑ÿπ¥—ßπ’È

- Àÿâπ∫ÿ√‘¡ ‘∑∏‘·ª≈ß ¿“æ °≈ÿà¡ ¢. ®”π«π 136,480,000 Àÿâπ ‡æ◊ËÕ‡ πÕ¢“¬·°à∫ÿ§§≈„π«ß®”°—¥ ·≈–/À√◊ÕºŸâ≈ß∑ÿπª√–‡¿∑ ∂“∫—π À√◊ÕºŸâ≈ß∑ÿπ∑’Ë¡’≈—°…≥–‡©æ“–µ“¡ª√–°“»¢Õß ”π—°ß“π§≥–°√√¡°“√°”°—∫À≈—°∑√—æ¬å·≈–µ≈“¥À≈—°∑√—æ¬å„π√“§“‡ πÕ¢“¬ Ÿß°«à“√“§“µ≈“¥ ≥ «—π∑”°“√∑’Ë 3 ¬âÕπÀ≈—ß°àÕπ«—π∑’ˇ πÕ¢“¬

- Àÿâπ “¡—≠®”π«π 242,969,098 Àÿâπ ‡æ◊ËÕ®—¥ √√ ”À√—∫®à“¬‡ß‘πªíπº≈„π√ŸªÀÿâπ “¡—≠

- Àÿâπ “¡—≠®”π«π 287,695,792 Àÿâπ ‡æ◊ËÕ√Õß√—∫°“√„™â ‘∑∏‘µ“¡„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®– ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑∑’ˉ¥â®—¥ √√„Àⷰຟâ∂◊ÕÀÿâπ “¡—≠µ“¡∑’Ë°≈à“«‰«â„πÀ¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π¢âÕ 22.1

- Àÿâπ “¡—≠®”π«π 1,785,320 Àÿâπ ‡æ◊ËÕ√Õß√—∫°“√ª√—∫ ‘∑∏‘¢Õß„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®– ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑∑’ˉ¥â®—¥ √√„Àâ·°à°√√¡°“√·≈–æπ—°ß“πµ“¡∑’Ë°≈à“«‰«â„πÀ¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π¢âÕ 22.2

∫√‘…—∑‰¥â®¥∑–‡∫’¬π°“√‡ª≈’ˬπ·ª≈ß¡Ÿ≈§à“∑’˵√“‰«â °“√≈¥∑ÿπ®¥∑–‡∫’¬π ·≈–°“√‡æ‘Ë¡∑ÿπ®¥∑–‡∫’¬π¢Õß∫√‘…—∑¥—ß°≈à“«°—∫°√–∑√«ßæ“≥‘™¬å‡¡◊ËÕ«—π∑’Ë 2 情¿“§¡ æ.». 2548

Àÿâπ∫ÿ√‘¡ ‘∑∏‘‡ªìπÀÿâπ∫ÿ√‘¡ ‘∑∏‘™π‘¥ – ¡·≈–·ª≈ß ¿“æ ¡’¡Ÿ≈§à“∑’˵√“‰«âÀÿâπ≈– 1 ∫“∑ ‡ß‘πªíπº≈‰¥â°”À𥉫â≈à«ßÀπⓥ⫬՗µ√“√âÕ¬≈– 3.75 ¢Õß√“§“∑’ˇ πÕ¢“¬ ºŸâ∂◊ÕÀÿâπ∫ÿ√‘¡ ‘∑∏‘‰¥â√—∫‡ß‘πªíπº≈‡©æ“–ªï∑’Ë∫√‘…—∑‰¥â¡’°“√ª√–°“»®à“¬‡ß‘πªíπº≈ À“°∫√‘…—∑‰¡à “¡“√∂®à“¬‡ß‘πªíπº≈„Àⷰຟâ∂◊ÕÀÿâπ∫ÿ√‘¡ ‘∑∏‘‰¥â„πªï„¥ ‡ß‘πªíπº≈®–∂Ÿ° – ¡‰«â‡æ◊ËÕ®à“¬„πªïµàÕ¡“∑’Ë¡’°“√ª√–°“»®à“¬‡ß‘πªíπº≈∫ÿ√‘¡ ‘∑∏‘·ª≈ß ¿“懪ìπÀÿâπ “¡—≠¡’√–¬–‡«≈“ 5 ªï π—∫·µà«—π∑’ËÕÕ°Àÿâπ∫ÿ√‘¡ ‘∑∏‘ ‚¥¬Àÿâπ∫ÿ√‘¡ ‘∑∏‘®–‡√‘Ë¡·ª≈߇ªìπÀÿâπ “¡—≠‰¥â¿“¬À≈—ß®“°§√∫°”Àπ¥√–¬–‡«≈“ 4 ªï π—∫®“°«—π∑’ËÕÕ°Àÿâπ∫ÿ√‘¡ ‘∑∏‘ „π√–À«à“ߪï æ.». 2547 ∫√‘…—∑‰¥âÕÕ°Àÿâπ∫ÿ√‘¡ ‘∑∏‘‡æ‘Ë¡®”π«π20,625,000 Àÿâ𠇪ìπ®”π«π‡ß‘π 82.5 ≈â“π∫“∑ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ∫√‘…—∑¬—߉¡à‰¥â∫—π∑÷°‡ß‘πªíπº≈ – ¡¢ÕßÀÿâπ∫ÿ√‘¡ ‘∑∏‘ ®”π«π 9,206,288 ∫“∑ ‡ªìπÀπ’È ‘π„πß∫°“√‡ß‘π

21. ∑ÿπ‡√◊ÕπÀÿâπ·≈– à«π‡°‘π¡Ÿ≈§à“Àÿâπ (µàÕ)

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195√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

22. „∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠

22.1 „∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’ˇ πÕ¢“¬„Àⷰຟâ∂◊ÕÀÿâπ‡¥‘¡

„πªï æ.». 2542 ∫√‘…—∑‰¥âÕÕ°·≈–®—¥ √√„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®– ◊ÈÕÀÿâπ “¡—≠®”π«π 13,563,600 Àπ૬ „Àⷰຟâ∂◊ÕÀÿâπ‡¥‘¡‚¥¬‰¡à¡’¡Ÿ≈§à“„πÕ—µ√“ à«π 10 Àÿâπ‡¥‘¡µàÕ„∫ ”§—≠· ¥ß ‘∑∏‘ 1 Àπ૬ „∫ ”§—≠· ¥ß ‘∑∏‘¥—ß°≈à“«‰¥â ‘Èπ ÿ¥°“√„™â ‘∑∏‘≈ß„π«—π∑’Ë 7 ∏—𫓧¡ æ.». 2547

‡¡◊ËÕ«—π∑’Ë 21 ‡¡…“¬π æ.». 2548 ∑’˪√–™ÿ¡ “¡—≠ª√–®”ªï¢ÕߺŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑ ‰¥â¡’¡µ‘„Àâ∫√‘…—∑ÕÕ°·≈–‡ πÕ¢“¬„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®–´◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑®”π«π‰¡à‡°‘π 287,695,792 Àπ૬„Àⷰຟâ∂◊ÕÀÿâπ “¡—≠‡¥‘¡„πÕ—µ√“ à«π10 Àÿâπ “¡—≠µàÕ„∫ ”§—≠· ¥ß ‘∑∏‘ 1 Àπ૬‚¥¬‰¡à§‘¥¡Ÿ≈§à“ „∫ ”§—≠· ¥ß ‘∑∏‘ 1 Àπ૬ ¡’ ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ 1 Àÿâπ„π√“§“‰¡à‡°‘π 6 ∫“∑ ·≈–„∫ ”§—≠· ¥ß ‘∑∏‘¡’Õ“¬ÿ 24 ‡¥◊Õππ—∫·µà«—π∑’ËÕÕ°„∫ ”§—≠· ¥ß ‘∑∏‘ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548∫√‘…—∑Õ¬Ÿà√–À«à“ß°“√¢ÕÕπÿ¡—µ‘°“√ÕÕ°·≈–‡ πÕ¢“¬„∫ ”§—≠· ¥ß ‘∑∏‘¥—ß°≈à“«°—∫ ”π—°ß“π§≥–°√√¡°“√°”°—∫À≈—°∑√—æ¬å·≈–µ≈“¥À≈—°∑√—æ¬å

22.2 „∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’ˇ πÕ¢“¬„Àâ·°à°√√¡°“√·≈–æπ—°ß“π¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬

∫√‘…—∑‰¥â®—¥ √√„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®–´◊ÈÕÀÿâπ “¡—≠∑’ËÕÕ°„Àâ·°à°√√¡°“√·≈–æπ—°ß“π¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬·≈â«‚¥¬‰¡à§‘¥¡Ÿ≈§à“‡ªìπ®”π«π 5,000,000 Àπ૬ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ¡’ºŸâ„™â ‘∑∏‘µ“¡„∫ ”§—≠· ¥ß ‘∑∏‘¥—ß°≈à“«·≈â«®”π«π 3,842,437 Àπ૬ ÷Ëß„π®”π«ππ’ȇªìπ°“√„™â ‘∑∏‘„π„∫ ”§—≠· ¥ß ‘∑∏‘„π√–À«à“ߪï æ.». 2548 ®”π«π 1,156,291Àπ૬ À√◊Õ§‘¥‡ªìπ®”π«πÀÿâπ “¡—≠ 14,390,350 Àÿâπ ‚¥¬‡ªìπ‡ß‘π√—∫§à“Àÿâπ∑—Èß ‘Èπ 23,377,588 ∫“∑ ·≈–§ß‡À≈◊Õ„∫ ”§—≠· ¥ß ‘∑∏‘∑’ˬ—ß¡‘‰¥â¡’°“√„™â ‘∑∏‘®”π«π 1,157,563 Àπ૬ Õ—µ√“°“√„™â ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ §◊Õ „∫ ”§—≠· ¥ß ‘∑∏‘ 1 Àπ૬ µàÕÀÿâπ “¡—≠ 13.44 Àÿâπ·≈–√“§“„π°“√„™â ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠‡ªìπ√“§“µ≈“¥À≈—ßÀ—° à«π≈¥√âÕ¬≈– 5 ‚¥¬¡’°”À𥇫≈“ ‘Èπ ÿ¥°“√„™â ‘∑∏‘„πªï æ.». 2550

∑’˪√–™ÿ¡«‘ “¡—≠ºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑‡¡◊ËÕ«—π∑’Ë 21 °ÿ¡¿“æ—π∏å æ.». 2548 ‰¥â¡’¡µ‘Õπÿ¡—µ‘°“√ÕÕ°„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®– ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑‡æ◊ËÕ®—¥ √√„Àâ·°à°√√¡°“√·≈–/À√◊Õæπ—°ß“π¢Õß∫√‘…—∑·≈–/À√◊Õ∫√‘…—∑¬àÕ¬Õ’° ®”π«π 123,800,000Àπ૬‚¥¬‰¡à§‘¥¡Ÿ≈§à“ „∫ ”§—≠· ¥ß ‘∑∏‘ 1 Àπ૬¡’ ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ 1 Àÿâπ „π√“§“ 2.98 ∫“∑ ·≈–„∫ ”§—≠· ¥ß ‘∑∏‘¡’Õ“¬ÿ 5 ªï π—∫®“°«—π∑’ˉ¥âÕÕ°·≈–‡ πÕ¢“¬„∫ ”§—≠· ¥ß ‘∑∏‘§√—Èß·√° Õ¬à“߉√°Áµ“¡ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548∫√‘…—∑Õ¬Ÿà√–À«à“ß°“√¢ÕÕπÿ¡—µ‘°“√ÕÕ°„∫ ”§—≠· ¥ß ‘∑∏‘¥—ß°≈à“«°—∫ ”π—°ß“π§≥–°√√¡°“√°”°—∫À≈—°∑√—æ¬å·≈–µ≈“¥À≈—°∑√—æ¬å

22.3 „∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’ËÕÕ°‚¥¬∫√‘…—∑¬àÕ¬

22.3.1 „∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’ˇ πÕ¢“¬„Àⷰຟâ∂◊ÕÀÿâπ‡¥‘¡

„∫ ”§—≠· ¥ß ‘∑∏‘´◊ÈÕÀÿâπ “¡—≠∑’ËÕÕ°‚¥¬ MFG ‡ πÕ¢“¬·°àºŸâ∂◊ÕÀÿâπ‡¥‘¡‰¥âÀ¡¥Õ“¬ÿ°“√„™â ‘∑∏‘‡¡◊ËÕ«—π∑’Ë9 °—𬓬π æ.». 2547 ¥—ßπ—Èπ„∫ ”§—≠· ¥ß ‘∑∏‘∑’ˇÀ≈◊ÕÕ¬Ÿà®”π«π 104,788,723 ∫“∑ ®÷߉¥â‚Õπ‰ª· ¥ßÕ¬Ÿà¿“¬„µâç„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’ËÕÕ°‚¥¬∫√‘…—∑¬àÕ¬∑’ËÀ¡¥Õ“¬ÿ·≈â«é

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196 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

22.3.2 „∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠∑’ˇ πÕ¢“¬„Àâ·°à°√√¡°“√·≈–æπ—°ß“π¢Õß∫√‘…—∑ MFG ·≈–/À√◊Õ∫√‘…—∑¬àÕ¬

„πªï æ.».2545 MFG ‰¥âÕÕ°„∫ ”§—≠· ¥ß ‘∑∏‘®”π«π 1.6 ≈â“πÀπ૬ „Àâ·°à°√√¡°“√·≈–æπ—°ß“π¢Õß∫√‘…—∑·≈–/À√◊Õ∫√‘…—∑¬àÕ¬‚¥¬‰¡à§‘¥¡Ÿ≈§à“ „∫ ”§—≠· ¥ß ‘∑∏‘ 1 Àπ૬ ¡’ ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ 1 Àÿâπ„π√“§“ Àÿâπ≈– 10 ∫“∑„∫ ”§—≠· ¥ß ‘∑∏‘¡’°”Àπ¥Õ“¬ÿ√–¬–‡«≈“°“√„™â ‘∑∏‘®π∂÷ߪï æ.». 2550 MFG ‰¥â®—¥ √√ ‘∑∏‘¥—ß°≈à“«∑—Èß ‘Èπ·≈â«®”π«π 420,000 Àπ૬ ‚¥¬ ‘∑∏‘®”π«π 126,000 Àπ૬ “¡“√∂‡√‘Ë¡„™â‰¥â„π‡¥◊Õπ情¿“§¡ æ.». 2546 à«πÕ’°126,000 Àπ૬ “¡“√∂‡√‘Ë¡„™â‰¥â„π‡¥◊Õπ情¿“§¡ æ.». 2547 ·≈– à«π∑’ˇÀ≈◊Õ “¡“√∂‡√‘Ë¡„™â ‘∑∏‘‰¥â„π‡¥◊Õπ情¿“§¡ æ.». 2548 ®π∂÷ß«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ‰¥â¡’ºŸâ„™â ‘∑∏‘·≈â« ®”π«π 385,000 Àÿâπ ÷Ëß®”π«ππ’ȉ¥â√«¡°“√„™â ‘∑∏‘„π√–À«à“ߪï æ.». 2548 ®”π«π 148,000 Àÿâ𠧑¥‡ªìπ®”π«π‡ß‘π 1,480,000 ∫“∑ (æ.». 2547 : ®”π«π175,000 Àÿâ𠧑¥‡ªìπ®”π«π‡ß‘π 1,750,000 ∫“∑)

23. Àπ’È ‘π‰¡àÀ¡ÿπ‡«’¬πÕ◊Ëπß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑

æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547∫“∑ ∫“∑ ∫“∑ ∫“∑

√“¬‰¥â√—∫≈à«ßÀπâ“ 10,766,573 25,000,000 - -√“¬‰¥â√Õµ—¥∫—≠™’ 154,559,699 159,389,724 3,704,381 4,000,187‡ß‘π¡—¥®”§à“‡™à“·≈–Àπ’È ‘πÕ◊Ëπ 150,130,794 134,544,169 3,010,165 2,874,200√«¡Àπ’È ‘π‰¡àÀ¡ÿπ‡«’¬πÕ◊Ëπ 315,457,066 318,933,893 6,714,546 6,874,387

24. ”√Õßµ“¡°ÆÀ¡“¬

¿“¬„µâæ√–√“™∫—≠≠—µ‘∫√‘…—∑¡À“™π®”°—¥ ∫√‘…—∑µâÕß®—¥ √√ ”√Õßµ“¡°ÆÀ¡“¬‰¡àπâÕ¬°«à“√âÕ¬≈– 5 ¢Õß°”‰√ ÿ∑∏‘ª√–®”ªïÀ≈—ßÀ—°¢“¥∑ÿπ – ¡¬°¡“ (∂â“¡’) ®π°«à“ ”√Õßπ’È®–¡’®”π«π‰¡àπâÕ¬°«à“√âÕ¬≈– 10 ¢Õß∑ÿπ®¥∑–‡∫’¬π¢Õß∫√‘…—∑ ”√Õߥ—ß°≈à“«‡ªìπ ”√Õß∑’ˉ¡à “¡“√∂®—¥ √√„Àⷰຟâ∂◊ÕÀÿâπ‰¥â

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ”√Õßµ“¡°ÆÀ¡“¬¢Õß∫√‘…—∑¬àÕ¬®”π«π 69,381,914 ∫“∑ (æ.». 2547: 60,124,022 ∫“∑) ‰¥â√«¡Õ¬Ÿà„𰔉√ – ¡¬—߉¡à‰¥â®—¥ √√„πß∫°“√‡ß‘π√«¡

25. °”‰√®“°“√¥”‡π‘πß“π

√“¬°“√∫“ß√“¬°“√∑’Ë√«¡Õ¬Ÿà„π°“√§”π«≥°”‰√®“°°“√¥”‡π‘πß“π “¡“√∂π”¡“·¬°µ“¡≈—°…≥–‰¥â¥—ßπ’È

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑æ.». 2548 æ.». 2547 æ.». 2548 æ.». 2547

∫“∑ ∫“∑ ∫“∑ ∫“∑

¢“¥∑ÿπ (°”‰√) ®“°°“√·≈°‡ª≈’ˬπ‡ß‘πµ√“µà“ߪ√–‡∑» - ÿ∑∏‘ (2,490,378) 14,082,820 (1,469,087) 11,466,605

§à“‡ ◊ËÕ¡√“§“¢Õß∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å·≈–§à“µ—¥®”Àπà“¬¢Õß ‘π∑√—æ¬å‰¡à¡’µ—«µπ 1,153,258,734 919,123,706 56,429,452 50,875,412

§à“„™â®à“¬‡°’ˬ«°—∫æπ—°ß“π 2,114,367,654 1,659,176,583 208,757,447 157,766,758

22. „∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ (µàÕ)

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

26. °”‰√µàÕÀÿâπ

°”‰√µàÕÀÿâπ¢—Èπæ◊Èπ∞“π§”π«≥‚¥¬°“√À“√°”‰√ ÿ∑∏‘ ”À√—∫ªï à«π∑’ˇªìπ¢ÕߺŸâ∂◊ÕÀÿâπ “¡—≠¥â«¬®”π«πÀÿâπ “¡—≠∂—«‡©≈’ˬ∂à«ßπÈ”Àπ—°∑’Ë™”√–·≈â«·≈–ÕÕ°®”Àπà“¬„π√–À«à“ߪï

„π°“√§”π«≥°”‰√µàÕÀÿâπª√—∫≈¥ ®”π«πÀÿâπ “¡—≠∂—«‡©≈’ˬ‰¥âª√—∫ª√ÿߥ⫬®”π«πÀÿâπ “¡—≠‡∑’¬∫‡∑à“ª√—∫≈¥‚¥¬∂◊Õ«à“Àÿâπ “¡—≠‡∑’¬∫‡∑à“ª√—∫≈¥‰¥â·ª≈߇ªìπÀÿâπ “¡—≠∑—ÈßÀ¡¥ ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬¡’Àÿâπ∫ÿ√‘¡ ‘∑∏‘·ª≈ß ¿“æ (À¡“¬‡Àµÿ 21) ·≈–„∫ ”§—≠· ¥ß ‘∑∏‘ (À¡“¬‡Àµÿ 22)

„π°“√§”π«≥®”π«πÀÿâπ “¡—≠∑’ˇæ‘Ë¡¢÷ÈπÀ“°¡’°“√„™â ‘∑∏‘ ∫√‘…—∑§”π«≥«à“À“°π”‡ß‘π∑’ˉ¥â√—∫®“°°“√„™â ‘∑∏‘®“°„∫ ”§—≠· ¥ß ‘∑∏‘∑’ˇÀ≈◊ÕÕ¬Ÿà¥—ß°≈à“«¡“ ◊ÈÕÀÿâπ “¡—≠°≈—∫§◊π„π√“§“µ≈“¥∂—«‡©≈’ˬ¢Õߪï·≈â«®–¡’Àÿâπ “¡—≠‡æ‘Ë¡¢÷ÈπÕ’°‡∑à“„¥ ·≈â«π”®”π«πÀÿâπ “¡—≠ à«π‡æ‘Ë¡¥—ß°≈à“«¡“√«¡°—∫Àÿâπ “¡—≠∑’Ë¡’Õ¬Ÿà ∑—Èßπ’ȉ¡à¡’°“√ª√—∫ª√ÿß„¥ Ê„πß∫°”‰√¢“¥∑ÿπ

„π°“√§”π«≥°”‰√µàÕÀÿâπª√—∫≈¥ ∫√‘…—∑§”π«≥®”π«πÀÿâπ “¡—≠∂—«‡©≈’ˬ∂à«ßπÈ”Àπ—°¿“¬„µâ¢âÕ ¡¡µ‘∑’Ë¡’°“√·ª≈ß ¿“æÀÿâπ “¡—≠ª√—∫≈¥ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ¡’®”π«π 67,449,313 Àÿâπ (æ.». 2547 : 71,652,092 Àÿâπ)

°”‰√µàÕÀÿâπ ”À√—∫ªï æ.». 2547 ‰¥â· ¥ß¿“¬À≈—ß°“√ª√—∫ª√ÿß„À¡à‡æ◊ËÕ –∑âÕπ∂÷ß°“√®—¥ √√Àÿâπªíπº≈·°àºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑„π√–À«à“߉µ√¡“ ∑’Ë 2 ªï æ.». 2548

°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡

æ.». 2548 æ.». 2547∫“∑ ∫“∑

(ª√—∫ª√ÿß„À¡à)

®”π«πÀÿâπ “¡—≠∂—«‡©≈’ˬ∂à«ßπÈ”Àπ—°∑’Ë„™â§”π«≥°”‰√µàÕÀÿâπ 2,666,227,424 2,569,459,042ª√—∫ª√ÿß ”À√—∫Àÿâπ “¡—≠∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬ (166,797,796) (166,797,796)®”π«πÀÿâπ “¡—≠∂—«‡©≈’ˬ∂à«ßπÈ”Àπ—°∑’Ë„™â„π°“√§”π«≥°”‰√µàÕÀÿâπ - ÿ∑∏‘ 2,499,429,628 2,402,661,246

º≈°√–∑∫ “¡—≠‡∑’¬∫‡∑à“ª√—∫≈¥

„∫ ”§—≠· ¥ß ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠ 3,929,313 8,132,092Àÿâπ∫ÿ√‘¡ ‘∑∏‘·ª≈ß ¿“æ 63,520,000 63,520,000Àÿâπ “¡—≠‡∑’¬∫‡∑à“ª√—∫≈¥ 67,449,313 71,652,092

®”π«πÀÿâπ “¡—≠∂—«‡©≈’ˬ∂à«ßπÈ”Àπ—°∑’Ë„™â„π°“√§”π«≥°”‰√µàÕÀÿâπª√—∫≈¥ 2,566,878,941 2,474,313,338

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198 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡

æ.». 2548 æ.». 2547∫“∑ ∫“∑

(ª√—∫ª√ÿß„À¡à)°”‰√ ÿ∑∏‘ ”À√—∫ªï 1,061,110,298 711,901,852À—° : ‡ß‘πªíπº≈ – ¡¢ÕßÀÿâπ∫ÿ√‘¡ ‘∑∏‘ (9,206,288) (13,306,300)°”‰√ ÿ∑∏‘∑’ˇªìπ¢ÕߺŸâ∂◊ÕÀÿâπ 1,051,904,010 698,595,552

°”‰√µàÕÀÿâπ¢—Èπæ◊Èπ∞“π 0.42 0.29

°”‰√ ÿ∑∏‘ ”À√—∫ªï 1,061,110,298 711,901,852À—° ‡ß‘πªíπº≈ – ¡¢ÕßÀÿâπ∫ÿ√‘¡ ‘∑∏‘ - -°”‰√ ÿ∑∏‘∑’ˇªìπ¢ÕߺŸâ∂◊ÕÀÿâπ 1,061,110,298 711,901,852

°”‰√µàÕÀÿâπª√—∫≈¥ 0.41 0.29

27. ‡ß‘πªíπº≈

µ“¡¡µ‘∑’˪√–™ÿ¡ “¡—≠ºŸâ∂◊ÕÀÿâπª√–®”ªï¢Õß∫√‘…—∑‡¡◊ËÕ«—π∑’Ë 21 ‡¡…“¬π æ.». 2548 ‰¥âÕπÿ¡—µ‘„Àâ®—¥ √√°”‰√ª√–®”ªï æ.». 2547‡ªìπ ”√Õßµ“¡°ÆÀ¡“¬®”π«π 35.6 ≈â“π∫“∑ ·≈–Õπÿ¡—µ‘„Àâ®à“¬‡ß‘πªíπº≈®“°º≈°”‰√¢Õߪï æ.». 2547 „Àⷰຟâ∂◊ÕÀÿâπ¥—ßπ’È

27.1 °“√®à“¬‡ß‘πªíπº≈„π√Ÿª‡ß‘𠥄Àⷰຟâ∂◊ÕÀÿâπ “¡—≠„πÕ—µ√“Àÿâπ≈– 0.12 ∫“∑ ·≈–ºŸâ∂◊ÕÀÿâπ∫ÿ√‘¡ ‘∑∏‘·ª≈ß ¿“æ„πÕ—µ√“§ß∑’˵≈Õ¥Õ“¬ÿ¢ÕßÀÿâπ∫ÿ√‘¡ ‘∑∏‘√âÕ¬≈– 3.75 ¢Õß√“§“‡ πÕ¢“¬ √«¡‡ªìπ‡ß‘πªíπº≈∑—Èß ‘Èπ 300.2 ≈â“π∫“∑

27.2 °“√®à“¬‡ß‘πªíπº≈„π√Ÿª¢ÕßÀÿâπ “¡—≠„Àⷰຟâ∂◊ÕÀÿâπ “¡—≠„πÕ—µ√“ 10 Àÿâπ‡¥‘¡µàÕ 1 Àÿâπªíπº≈ „π√“§“Àÿâπ≈– 1 ∫“∑ √«¡‡ªìπ‡ß‘πªíπº≈∑—Èß ‘Èπ 242.5 ≈â“π∫“∑

‡ß‘πªíπº≈¥—ß°≈à“«‰¥â®à“¬„Àⷰຟâ∂◊ÕÀÿâπ·≈⫇¡◊ËÕ«—π∑’Ë 20 情¿“§¡ æ.». 2548 (æ.». 2547 : 238.6 ≈â“π∫“∑) ‡ß‘πªíπº≈·≈–Àÿâπªíπº≈√«¡∂÷ß∑’Ë®à“¬„Àⷰຟâ∂◊ÕÀÿâπ∑’ˇªìπ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷ËߢÕß∫√‘…—∑®”π«π 18.2 ≈â“π∫“∑ ·≈– 15.2 ≈â“πÀÿâπµ“¡≈”¥—∫(æ.». 2547 : 14.7 ≈â“π∫“∑) ‡ß‘πªíπº≈®”π«ππ’ȉ¥â∂Ÿ°√«¡°≈—∫‡¢â“„π∫—≠™’°”‰√ – ¡√«¡·≈–∫—≠™’°”‰√ – ¡¢Õß∫√‘…—∑

28. ‡§√◊ËÕß¡◊Õ∑“ß°“√‡ß‘π

π‚¬∫“¬°“√∫√‘À“√§«“¡‡ ’ˬß∑“ß°“√‡ß‘π

°≈ÿà¡∫√‘…—∑¡’§«“¡‡ ’ˬ߇ªìπª°µ‘®“°§«“¡º—πº«π¢ÕßÕ—µ√“¥Õ°‡∫’Ȭ·≈–Õ—µ√“·≈°‡ª≈’ˬπ‡ß‘πµ√“µà“ߪ√–‡∑»„πµ≈“¥ ·≈–®“°°“√∑’˧Ÿà —≠≠“‰¡àªØ‘∫—µ‘µ“¡ —≠≠“√«¡∑—Èß®“°°“√‡ª≈’ˬπ·ª≈ߢÕßÕÿµ “À°√√¡°“√∑àÕ߇∑’ˬ« °≈ÿà¡∫√‘…—∑‰¡à¡’π‚¬∫“¬ª√–°Õ∫∏ÿ√°√√¡µ√“ “√Õπÿæ—π∏å‡æ◊ËÕ°“√‡°Áß°”‰√À√◊Õ‡æ◊ËÕ°“√§â“

§«“¡‡ ’ˬ߇°’ˬ«°—∫Õ—µ√“¥Õ°‡∫’Ȭ

§«“¡‡ ’ˬ߇°’ˬ«°—∫Õ—µ√“¥Õ°‡∫’Ȭ‡°‘¥¢÷Èπ®“°§«“¡º—πº«π¢ÕßÕ—µ√“¥Õ°‡∫’Ȭ„πµ≈“¥ ÷Ëß®– àߺ≈°√–∑∫µàÕº≈°“√¥”‡π‘πß“π·≈–°√–· ‡ß‘π ¥¢Õß°≈ÿà¡∫√‘…—∑ Õ¬à“߉√°Áµ“¡ Õ—µ√“¥Õ°‡∫’Ȭ‡ß‘π°Ÿâ¬◊¡¢Õß°≈ÿà¡∫√‘…—∑ à«π„À≠à‡ªìπÕ—µ√“§ß∑’Ë „π°“√∫√‘À“√§«“¡‡ ’ˬß

26. °”‰√µàÕÀÿâπ (µàÕ)

Page 201: Annual Report 2005 EN

199√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

∑’ˇ°‘¥®“°°“√‡ª≈’ˬπ·ª≈ßÕ—µ√“¥Õ°‡∫’Ȭ °≈ÿà¡∫√‘…—∑„™âµ√“ “√Õπÿæ—π∏å∑“ß°“√‡ß‘π´÷Ëß à«π„À≠à§◊Õ —≠≠“·≈°‡ª≈’ˬπÕ—µ√“¥Õ°‡∫’Ȭ —≠≠“·≈°‡ª≈’ˬπÕ—µ√“¥Õ°‡∫’Ȭ¡’‰«â‡æ◊Ëՙ૬„π°“√∫√‘À“√§«“¡‡ ’ˬß∑’ˇ°‘¥®“°§«“¡º—πº«π¢ÕßÕ—µ√“¥Õ°‡∫’Ȭ ”À√—∫√“¬°“√‡ß‘π°Ÿâ‚¥¬‡©æ“–‡®“–®ß

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ∫√‘…—∑¡’ —≠≠“·≈°‡ª≈’ˬπÕ—µ√“¥Õ°‡∫’Ȭ∑’ˇªî¥ ∂“π–‰«â¡’‡ß‘πµâπ®”π«π 750 ≈â“π∫“∑ ‚¥¬¡’Õ—µ√“¥Õ°‡∫’Ȭ≈Õ¬µ—«·≈–®–À¡¥Õ“¬ÿ„π«—π∑’Ë 8 ¡‘∂ÿπ“¬π æ.». 2550

§«“¡‡ ’ˬ߮“°Õ—µ√“·≈°‡ª≈’ˬπ

°≈ÿà¡∫√‘…—∑¡’§«“¡‡ ’ˬ߇ªìπª°µ‘®“°Õ—µ√“·≈°‡ª≈’ˬπ‡ß‘πµ√“µà“ߪ√–‡∑» ‡π◊ËÕß®“°°≈ÿà¡∫√‘…—∑¡’≈Ÿ°Àπ’È·≈–‡®â“Àπ’È∑’ˇªìπ °ÿ≈‡ß‘πµ√“µà“ߪ√–‡∑» ·≈–‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡„πµà“ߪ√–‡∑» °≈ÿà¡∫√‘…—∑‰¡à‰¥â∑” —≠≠“ ◊ÈÕ¢“¬‡ß‘πµ√“µà“ߪ√–‡∑»≈à«ßÀπⓇæ◊ËÕªÑÕß°—𧫓¡‡ ’ˬ߮“°∑’ˇ°‘¥®“°§«“¡º—πº«π¢ÕßÕ—µ√“·≈°‡ª≈’ˬπ‡ß‘πµ√“µà“ߪ√–‡∑»‡π◊ËÕß®“°®”π«π‡ß‘π¢ÕßÀπ’È ‘π¥—ß°≈à“«‰¡à‡ªìπ “√– ”§—≠ ·≈–°≈ÿà¡∫√‘…—∑‰¡à¡’§«“¡µ—Èß„®∑’Ë®–®”Àπà“¬‡ß‘π≈ß∑ÿπ¥—ß°≈à“«„π√–¬–‡«≈“Õ—π„°≈â

§«“¡‡ ’ˬߥâ“π°“√„Àâ ‘π‡™◊ËÕ

°≈ÿà¡∫√‘…—∑¡’§«“¡‡ ’ˬ߇ªìπª°µ‘®“°°“√„Àâ ‘π‡™◊ËÕ∑’ˇ°’ˬ«°—∫≈Ÿ°Àπ’È Õ¬à“߉√°Áµ“¡ °“√°√–®ÿ°µ—«¢Õߧ«“¡‡ ’ˬߥâ“π°“√„Àâ ‘π‡™◊ËÕ∑’ˇªìπº≈®“°≈Ÿ°Àπ’È°“√§â“ ‡°‘¥¢÷Èπ·∫∫®”°—¥‡π◊ËÕß®“°°≈ÿà¡∫√‘…—∑¡’≈Ÿ°§â“®”π«π¡“°√“¬ ¥—ßπ—Èπ°≈ÿà¡∫√‘…—∑‰¡à§“¥«à“®–‰¥â√—∫§«“¡‡ ’¬À“¬Õ¬à“߇ªìπ “√– ”§—≠®“°°“√‡°Á∫Àπ’È®“°≈Ÿ°Àπ’ȇÀ≈à“π—Èπ

¡Ÿ≈§à“¬ÿµ‘∏√√¡

¡Ÿ≈§à“¬ÿµ‘∏√√¡¢Õß —≠≠“·≈°‡ª≈’ˬπÕ—µ√“¥Õ°‡∫’Ȭ∑’ˇªî¥ ∂“π– ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ‡ªìπ —≠≠“·≈°‡ª≈’ˬπÕ—µ√“¥Õ°‡∫’Ȭ∑’ˇªìπÀπ’È ‘π ÿ∑∏‘®”π«π 821,918 ∫“∑ (æ.». 2547 : —≠≠“·≈°‡ª≈’ˬπÕ—µ√“¥Õ°‡∫’Ȭ∑’ˇªìπ ‘π∑√—æ¬å ÿ∑∏‘®”π«π 255,205∫“∑)

‘π∑√—æ¬å∑“ß°“√‡ß‘π à«π„À≠à®—¥Õ¬Ÿà„πª√–‡¿∑√–¬– —Èπ·≈–‡ß‘π°Ÿâ¬◊¡√–¬–¬“« ‚¥¬¡’Õ—µ√“¥Õ°‡∫’Ȭ„°≈⇧’¬ß°—∫Õ—µ√“¥Õ°‡∫’Ȭ„πµ≈“¥ πÕ°®“°π’ȇߑπ°Ÿâ¬◊¡¢Õß∫√‘…—∑¬àÕ¬¬—ߧߡ’Õ—µ√“¥Õ°‡∫’Ȭ„°≈⇧’¬ß°—∫Õ—µ√“¥Õ°‡∫’Ȭ„πµ≈“¥ ¥—ßπ—ÈπΩÉ“¬∫√‘À“√®÷߇™◊ËÕ«à“¡Ÿ≈§à“µ“¡∫—≠™’¢Õß ‘π∑√—æ¬å·≈–Àπ’È ‘π∑“ß°“√‡ß‘π¥—ß°≈à“« · ¥ß¡Ÿ≈§à“‰¡à·µ°µà“ß®“°¡Ÿ≈§à“¬ÿµ‘∏√√¡Õ¬à“߇ªìπ “√– ”§—≠

29. ¿“√–ºŸ°æ—π

‡©æ“–∫√‘…—∑

- ∫√‘…—∑‰¥â∑” —≠≠“ ‘∑∏‘„π°“√„™â‡§√◊ËÕßÀ¡“¬°“√§â“°—∫∫√‘…—∑·ÀàßÀπ÷Ëß„πµà“ߪ√–‡∑» ‚¥¬∫√‘…—∑ºŸ°æ—π∑’Ë®–µâÕß®à“¬§à“∏√√¡‡π’¬¡°“√„™â‡§√◊ËÕßÀ¡“¬°“√§â“·≈–°“√®—¥°“√¥â“π°“√µ≈“¥√–À«à“ߪ√–‡∑»‡ªìπÕ—µ√“√âÕ¬≈–¢Õß√“¬‰¥â §à“ÀâÕßæ—°∑—ÈßÀ¡¥µ“¡∑’Ë√–∫ÿ‰«â„π —≠≠“ —≠≠“π’È®– ‘Èπ ÿ¥„π‡¥◊Õπ¡‘∂ÿπ“¬π æ.». 2556

- ∫√‘…—∑‰¥â∑” —≠≠“‡™à“∑’Ë¥‘π‡æ◊ËÕ„™â‡ªìπ∑’˵—ÈßÕ“§“√‚√ß·√¡¢Õß∫√‘…—∑¡’°”À𥇫≈“‡™à“ 30 ªï ®π∂÷ߪï æ.». 2561 ‚¥¬∫√‘…—∑ºŸ°æ—π∑’Ë®–®à“¬§à“‡™à“µ“¡Õ—µ√“√âÕ¬≈–¢Õß√“¬‰¥â√«¡´÷Ëß®–ª√—∫‡æ‘Ë¡¢÷Èπ„π·µà≈–ªï®π∂÷ßÕ—µ√“√âÕ¬≈–§ß∑’Ë¢Õß√“¬‰¥â√«¡µàժﵓ¡∑’Ë°”Àπ¥„π —≠≠“À√◊Õµ“¡Õ—µ√“§à“‡™à“¢—ÈπµË”µ“¡∑’Ë°”Àπ¥„π —≠≠“·≈â«·µàÕ¬à“ß„¥®– Ÿß°«à“ ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548∫√‘…—∑¡’¿“√–ºŸ°æ—πµ“¡Õ—µ√“§à“‡™à“¢—ÈπµË”µ“¡∑’Ë°”Àπ¥„π —≠≠“∑’Ë®–µâÕß®à“¬„πÕ𓧵‡ªìπ®”π«π‡ß‘πª√–¡“≥ 65 ≈â“π∫“∑

28. ‡§√◊ËÕß¡◊Õ∑“ß°“√‡ß‘π (µàÕ)

Page 202: Annual Report 2005 EN

200 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

‡©æ“–∫√‘…—∑ (µàÕ)

- ∫√‘…—∑‰¥â∑” —≠≠“‡™à“æ◊Èπ∑’Ë·≈– —≠≠“∫√‘°“√°—∫∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ë߇æ◊ËÕ‡ªî¥¿—µµ“§“√·≈–»Ÿπ¬åÕÕ°°”≈—ß°“¬ ´÷Ëß∫√‘…—∑¡’¿“√–ºŸ°æ—π∑’Ë®–µâÕß®à“¬§à“‡™à“µ“¡ —≠≠“‡™à“æ◊Èπ∑’Ë·≈– —≠≠“∫√‘°“√‡ªìπ®”π«π‡ß‘πª√–¡“≥ 16.6 ≈â“π∫“∑ πÕ°®“°π’È ∫√‘…—∑¬—ߺŸ°æ—π∑’Ë®–µâÕß™”√–§à“∏√√¡‡π’¬¡„π°“√„™âæ◊Èπ∑’ˇæ◊ËÕ®”Àπà“¬Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡„Àâ°—∫∫√‘…—∑¬àÕ¬·Ààßπ’È„πÕ—µ√“√âÕ¬≈–¢Õß√“¬‰¥â§à“Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡∑’Ë∫√‘…—∑¢“¬‰¥âµ“¡∑’Ë√–∫ÿ„π —≠≠“‚¥¬ —≠≠“µà“ß Ê ‡À≈à“π’È®– ‘Èπ ÿ¥¿“¬„πªï æ.». 2551

- ∫√‘…—∑‰¥â∑” —≠≠“°—∫∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π·ÀàßÀπ÷Ëß ‡æ◊ËÕ√—∫∫√‘°“√∫√‘À“√®—¥°“√·≈–°“√ π—∫ πÿπ°“√¥”‡π‘πß“π®“°∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π ‚¥¬∫√‘…—∑¡’¿“√–ºŸ°æ—π∑’Ë®–µâÕß®à“¬„Àâ∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π‡°’Ë¬«‡π◊ËÕß°—∫°“√∫√‘°“√ ¥—ß°≈à“«

- ∫√‘…—∑‰¥âÕÕ°Àπ—ß ◊էȔª√–°—π‡æ◊ËէȔª√–°—π‚§√ß°“√≈ß∑ÿπ„πµà“ߪ√–‡∑»¢Õß∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π·ÀàßÀπ÷Ë߇ªìπ®”π«π‡ß‘π2.4 ≈â“π‡À√’¬≠ À√—∞Õ‡¡√‘°“ (æ.». 2547 : 2.4 ≈â“π‡À√’¬≠ À√—∞Õ‡¡√‘°“)

- ∫√‘…—∑‰¥â§È”ª√–°—π«ß‡ß‘π ‘π‡™◊ËÕ¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß®”π«π 240 ≈â“π∫“∑°—∫∏𓧓√·ÀàßÀπ÷Ëß Õ¬à“߉√°Áµ“¡«ß‡ß‘π ‘π‡™◊ËÕ¥—ß°≈à“«¬—߉¡à¡’°“√‡∫‘°„™â

- ∫√‘…—∑‰¥â∑” —≠≠“°“√„™â ‘∑∏‘„π‡§√◊ËÕßÀ¡“¬°“√§â“°—∫∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß „π°“√π’È ∫√‘…—∑ºŸ°æ—π∑’Ë®–®à“¬§à“∏√√¡‡π’¬¡°“√„™â ‘∑∏‘„π‡§√◊ËÕßÀ¡“¬°“√§â“‡ªìπÕ—µ√“√âÕ¬≈–¢Õß√“¬‰¥âµ“¡∑’Ë√–∫ÿ„π —≠≠“ —≠≠“π’È¡’°”Àπ¥√–¬–‡«≈“ 10 ªï ‚¥¬®– ‘Èπ ÿ¥„πªï æ.». 2554

à«π¢Õß∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡

- ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ë߉¥â∑” —≠≠“∫√‘À“√‚√ß·√¡°—∫∫√‘…—∑·ÀàßÀπ÷Ëß„πµà“ߪ√–‡∑» ‚¥¬∫√‘…—∑§Ÿà —≠≠“√—∫‡ªìπºŸâ∫√‘À“√ß“π‚√ß·√¡¢Õß∫√‘…—∑¬àÕ¬ „π°“√π’È ∫√‘…—∑¬àÕ¬ºŸ°æ—π∑’Ë®–®à“¬§à“∏√√¡‡π’¬¡°“√∫√‘À“√‚√ß·√¡„πÕ—µ√“√–¬–‡«≈“ ·≈–«‘∏’°“√§”π«≥µ“¡∑’Ë√–∫ÿ„π —≠≠“ —≠≠“π’È¡’°”Àπ¥√–¬–‡«≈“ 20 ªï ‘Èπ ÿ¥„πªï æ.». 2564 ÷Ëß —≠≠“®– “¡“√∂µàÕÕ“¬ÿ‰¥âÕ’° 10 ªï

- ∫√‘…—∑¬àÕ¬ ’Ë·Àà߉¥â∑” —≠≠“‡™à“∑’Ë¥‘π¡’°”À𥇫≈“‡™à“√–À«à“ß 30 ∂÷ß 42 ªï µ—Èß·µà«—π∑’Ë 1 ‘ßÀ“§¡ æ.». 2525, «—π∑’Ë 8情¿“§¡ æ.». 2530, «—π∑’Ë 23 惻®‘°“¬π æ.». 2531 ·≈–«—π∑’Ë 2 °√°Æ“§¡ æ.». 2537 µ“¡≈”¥—∫ ‚¥¬∫√‘…—∑¬àÕ¬ºŸ°æ—π∑’Ë®–µâÕß®à“¬§à“‡™à“µ“¡Õ—µ√“√âÕ¬≈–§ß∑’Ë¢Õß√“¬‰¥â√«¡´÷Ëß®–ª√—∫‡æ‘Ë¡¢÷Èπ„π·µà≈–ªï®π∂÷ßÕ—µ√“√âÕ¬≈–§ß∑’Ë¢Õß√“¬‰¥â√«¡µàժﵓ¡∑’Ë°”Àπ¥„π —≠≠“À√◊Õµ“¡Õ—µ√“§à“‡™à“¢—ÈπµË”µ“¡∑’Ë°”Àπ¥„π —≠≠“·≈â«·µàÕ¬à“ß„¥®– Ÿß°«à“ ≥ «—π∑’Ë 31 ∏—𫓧¡æ.». 2548 ∫√‘…—∑¬àÕ¬¡’¿“√–ºŸ°æ—πµ“¡Õ—µ√“§à“‡™à“∑’Ë¥‘π¢—ÈπµË”∑’Ë√–∫ÿ‰«â„π —≠≠“‡™à“∑’Ë®–µâÕß®à“¬„πÕ𓧵‡ªìπ®”π«π‡ß‘πª√–¡“≥ 211 ≈â“π∫“∑ (æ.». 2547 : 223.1 ≈â“π∫“∑)

- ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ë߉¥â∑” —≠≠“∫√‘°“√§«“¡™à«¬‡À≈◊Õ∑“߇∑§π‘§·≈–„™â‡§√◊ËÕßÀ¡“¬°“√§â“·≈–™◊ËÕ∑“ß°“√§â“°—∫∫√‘…—∑·ÀàßÀπ÷Ëß„πµà“ߪ√–‡∑» ‚¥¬∫√‘…—∑¬àÕ¬®–µâÕß®à“¬§à“∏√√¡‡π’¬¡´÷Ëߧ”π«≥‡ªìπÕ—µ√“√âÕ¬≈–¢Õ߬ե¢“¬µ“¡∑’Ë√–∫ÿ‰«â„π —≠≠“ —≠≠“¥—ß°≈à“«¡’°”Àπ¥√–¬–‡«≈“ 4 ªï‚¥¬ ‘Èπ ÿ¥„πªï æ.». 2541 À≈—ß®“°π—Èπ —≠≠“®–µàÕÕ“¬ÿ —≠≠“‰¥âÕ’° 3 §√—Èß §√—Èß≈–5 ªï

- ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ë߉¥â∑” —≠≠“ ‘∑∏‘ ”À√—∫°“√¥”‡π‘π°‘®°“√‚√ß¿“æ¬πµ√å°—∫∫√‘…—∑·ÀàßÀπ÷Ëß„πµà“ߪ√–‡∑» ‚¥¬∫√‘…—∑¬àÕ¬ºŸ°æ—π∑’Ë®–®à“¬§à“∏√√¡‡π’¬¡µ“¡®”π«π‡ß‘π∑’Ë√–∫ÿ‰«â„π —≠≠“ —≠≠“¥—ß°≈à“«¡’°”Àπ¥√–¬–‡«≈“ 1 ªï ‚¥¬®– ‘Èπ ÿ¥„πªïæ.». 2545 ÷Ëß —≠≠“π’È®– “¡“√∂µàÕÕ“¬ÿ —≠≠“‰¥âÕ’°§√—Èß≈– 1 ªï

29. ¿“√–ºŸ°æ—π (µàÕ)

Page 203: Annual Report 2005 EN

201√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

à«π¢Õß∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡ (µàÕ)

- ∫√‘…—∑¬àÕ¬ Õß·Àà߉¥â∑” —≠≠“°“√∫√‘À“√‚√ß·√¡ ÷Ëß√«¡∂÷ß°“√®—¥°“√¥â“π°“√µ≈“¥√–À«à“ߪ√–‡∑»·≈–°“√„™â ‘∑∏‘„π°“√„™â‡§√◊ËÕßÀ¡“¬°“√§â“°—∫∫√‘…—∑·ÀàßÀπ÷Ëß„πµà“ߪ√–‡∑» ‚¥¬∫√‘…—∑¬àÕ¬ºŸ°æ—π∑’Ë®–µâÕß®à“¬§à“∏√√¡‡π’¬¡‡ªìπÕ—µ√“√âÕ¬≈–¢Õß√“¬‰¥â§à“ÀâÕß∑—ÈßÀ¡¥µ“¡∑’Ë√–∫ÿ‰«â„π —≠≠“ —≠≠“π’È®– ‘Èπ ÿ¥≈ß„π√–À«à“ߪï æ.». 2547 - æ.». 2556

- ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ë߉¥â∑” —≠≠“§à“∫√‘°“√‚¶…≥“ §à“ ‘∑∏‘ ·≈– —≠≠“§«“¡™à«¬‡À≈◊Õ„π°“√®—¥°“√·≈–¥”‡π‘πß“π ”À√—∫¿—µµ“§“√‚√ß·√¡°—∫∫√‘…—∑µà“ßÊ „πµà“ߪ√–‡∑» ‚¥¬∫√‘…—∑¬àÕ¬®–µâÕß®à“¬§à“∏√√¡‡π’¬¡°“√∫√‘°“√‡ªìπÕ—µ√“√âÕ¬≈–¢Õß√“¬‰¥â∑—ÈßÀ¡¥¢Õß¿—µµ“§“√‡À≈à“π—Èπµ“¡∑’Ë√–∫ÿ„π —≠≠“ —≠≠“‡À≈à“π’È®–À¡¥Õ“¬ÿ„πªï æ.». 2558

- „π‡¥◊Õπ∏—𫓧¡ æ.». 2543 °≈ÿà¡∫√‘…—∑‰¥â≈ßπ“¡„π —≠≠“ºŸâ∂◊ÕÀÿâπ°—∫ºŸâ√à«¡≈ß∑ÿπ„πµà“ߪ√–‡∑»·ÀàßÀπ÷Ëß ‡æ◊ËÕ√à«¡°—π®—¥µ—Èß∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥ ¿“¬„µâ —≠≠“ºŸâ∂◊ÕÀÿâπ °≈ÿà¡∫√‘…—∑ºŸ°æ—π∑’Ë®–µâÕß„Àâ‡ß‘π°Ÿâ¬◊¡®”π«π 476.9 ≈â“π∫“∑ ·°à∫√‘…—∑¥—ß°≈à“« ∑—Èßπ’È¢÷ÈπÕ¬Ÿà°—∫‡ß◊ËÕπ‰¢∫“ߪ√–°“√µ“¡∑’Ë√–∫ÿ„π —≠≠“ —≠≠“π’ȉ¥â√–∫ÿ¢âժؑ∫—µ‘·≈–¢âÕ®”°—¥∫“ߪ√–°“√√«¡∑—Èß ‘∑∏‘°“√ ◊ÈÕÀÿâπ¢Õß∫√‘…—∑¥—ß°≈à“«®“°§Ÿà —≠≠“ ‡ªìπµâπ —≠≠“®– ‘Èπ ÿ¥‡¡◊ËÕ∫√‘…—∑¥—ß°≈à“«‡≈‘°°‘®°“√À√◊Õ‡¡◊ËÕ¡’°“√∫Õ°‡≈‘°√–À«à“ߧŸà —≠≠“∑—Èß ÕßΩÉ“¬

®“°¢âÕºŸ°æ—π¥—ß°≈à“«¢â“ßµâπ√–À«à“ߪï æ.». 2544 ®π∂÷ß«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 °≈ÿà¡∫√‘…—∑‰¥â®—¥À“‡ß‘π∑ÿπ„Àâ·°à∫√‘…—∑‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥ „π√Ÿª¢Õ߇ߑπ°Ÿâ¬◊¡·≈–‡ß‘π∑ÿπ‰ª·≈â«®”π«π 52.5 ≈â“π∫“∑ ·≈–‰¥â¡’°“√§È”ª√–°—πÕÕ°µ—Ϋ·≈°‡ß‘π‡ªìπ®”π«π 232.5 ≈â“π∫“∑ ‚¥¬∫√‘…—∑

- ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ë߉¥â∑” —≠≠“∫√‘°“√·≈– —≠≠“‡™à“æ◊Èπ∑’ˇæ◊ËÕ„™â„π°“√¥”‡π‘πß“π°—∫∫√‘…—∑Õ◊ËπÊ ‚¥¬∫√‘…—∑¬àÕ¬®–µâÕß®à“¬§à“∫√‘°“√·≈–§à“‡™à“µ“¡Õ—µ√“√âÕ¬≈–§ß∑’Ë¢Õß√“¬‰¥â√«¡µ“¡∑’Ë°”Àπ¥„π —≠≠“ ´÷Ëß —≠≠“‡À≈à“π’È®–À¡¥Õ“¬ÿ„π√–À«à“ߪïæ.». 2547 - æ.». 2553

- ∫√‘…—∑¬àÕ¬ ’Ë·Àà߉¥â∑” —≠≠“≈‘¢ ‘∑∏‘χæ◊ËÕ„À≥⠑∑∏‘„π°“√¥”‡π‘πß“π√â“πÕ“À“√µà“ßÊ ‚¥¬∫√‘…—∑¬àÕ¬‡À≈à“π—Èπ®–µâÕß®à“¬§à“µÕ∫·∑π‚¥¬§‘¥®“°√âÕ¬≈–¢Õ߬ե¢“¬ ·≈–ªØ‘∫—µ‘µ“¡‡ß◊ËÕπ‰¢·≈–¢âÕµ°≈ßµ“¡∑’Ë√–∫ÿ‰«â„π —≠≠“ §à“≈‘¢ ‘∑∏‘Ï®à“¬‰¥â√«¡Õ¬Ÿà„π§à“„™â®à“¬„π°“√¢“¬·≈–∫√‘À“√

- ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ë߉¥â∑” —≠≠“°“√¥”‡π‘πß“π°—∫∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π·ÀàßÀπ÷Ëß„πµà“ߪ√–‡∑» ‚¥¬∫√‘…—∑§Ÿà —≠≠“√—∫‡ªìπºŸâ¥”‡π‘πß“π‚√ß·√¡¢Õß∫√‘…—∑¬àÕ¬·≈–°‘®°“√¢Õß∫√‘…—∑¬àÕ¬ „π°“√π’È ∫√‘…—∑¬àÕ¬ºŸ°æ—π∑’Ë®–®à“¬§à“∏√√¡‡π’¬¡∫√‘°“√µà“ßÊ „πÕ—µ√“√–¬–‡«≈“·≈–«‘∏’°“√§”π«≥¥—ß∑’Ë°≈à“«‰«â„π —≠≠“ —≠≠“√–À«à“ß∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑∑’ˇ°’ˬ«¢âÕß°—π·Ààßπ—Èπ¡’º≈„™â∫—ߧ—∫µ—Èß·µà«—π∑’Ë 1 ∏—𫓧¡ æ.». 2528 ·≈– ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2555

- ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ë߉¥â∑” —≠≠“‡æ◊ËÕ‡™à“∑’Ë¥‘π´÷Ë߇ªìπ∑’˵—Èß‚√ß·√¡¢Õß∫√‘…—∑ µ“¡ —≠≠“‡™à“π’È∫√‘…—∑¬àÕ¬‰¥â‚Õπ°√√¡ ‘∑∏‘„πÕ“§“√‚√ß·√¡·≈– à«πª√—∫ª√ÿß„Àⷰຟâ„Àâ‡™à“ ∫√‘…—∑¬àÕ¬ºŸ°æ—π∑’Ë®–™”√–§à“‡™à“µ“¡Õ—µ√“∑’Ë°”Àπ¥„π —≠≠“‡™à“ —≠≠“‡™à“¡’°”À𥇫≈“ 30 ªï ‘Èπ ÿ¥„πªï æ.». 2556 ·≈–‡¡◊ËÕ —≠≠“‡™à“À¡¥Õ“¬ÿ·≈â«®–¢ÕµàÕÕ“¬ÿ —≠≠“‡™à“‰¥âÕ’° 2 §√—Èß §√—Èß≈– 15 ªï

29. ¿“√–ºŸ°æ—π (µàÕ)

Page 204: Annual Report 2005 EN

202 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

à«π¢Õß∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡ (µàÕ)

≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ∫√‘…—∑¬àÕ¬¡’¿“√–ºŸ°æ—πµ“¡Õ—µ√“§à“‡™à“¢—ÈπµË”µ“¡∑’Ë°”Àπ¥„π —≠≠“∑’Ë®–µâÕß®à“¬„πÕ𓧵¥—ßπ’È

ªï ≈â“π∫“∑æ.». 2549 5.71æ.». 2550-2556 53.25

58.96

- ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ë߉¥â∑” —≠≠“‡™à“∑’Ë¥‘π·≈–Õ“§“√‡æ◊ËÕ √â“ßÕ“§“√™ÿ¥æ—°Õ“»—¬ µ“¡ —≠≠“‡™à“π’È ∫√‘…—∑¬àÕ¬ºŸ°æ—π∑’Ë®–™”√–§à“‡™à“‡ªìπ√“¬‡¥◊Õπµ“¡Õ—µ√“∑’˵°≈ß°—π —≠≠“‡™à“¡’°”À𥇫≈“ 15 ‡¥◊Õπ ‘Èπ ÿ¥«—π∑’Ë 1 ‘ßÀ“§¡ æ.». 2549 ≥ «—π∑’Ë31 ∏—𫓧¡ æ.». 2548 ∫√‘…—∑¬àÕ¬¡’¿“√–ºŸ°æ—π∑’Ë®–µâÕß®à“¬„πÕ𓧵µ“¡ —≠≠“‡™à“¥—ß°≈à“«®”π«πª√–¡“≥ 7 ≈â“π∫“∑

- ≥ «—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547 ∫√‘…—∑¬àÕ¬¡’¿“√–ºŸ°æ—π‡°’Ë¬«°—∫ —≠≠“‡™à“æ◊Èπ∑’Ë¿—µµ“§“√ ( —≠≠“‡™à“¡’Õ“¬ÿµ—Èß·µà 6 - 30 ªï) ´÷Ëß®–µâÕß®à“¬¥—ßµàÕ‰ªπ’È

æ.». 2548 æ.». 2547≈â“π∫“∑ ≈â“π∫“∑

¿“¬„π 1 ªï 194 220√–À«à“ß 2 ªï - 5 ªï 277 195À≈—ß®“° 5 ªï 218 232√«¡ 689 647

πÕ°®“°π’Ȭ—ß¡’§à“‡™à“æ◊Èπ∑’Ë¿—µµ“§“√∫“ß·Ààß´÷Ëß∫√‘…—∑µâÕß®à“¬‡ªìπÕ—µ√“√âÕ¬≈–¢Õ߬ե¢“¬À√◊Õ¬Õ¥¢“¬ ÿ∑∏‘µ“¡∑’Ë√–∫ÿ‰«â„π —≠≠“

30. Àπ—ß ◊էȔª√–°—π¢Õß∏𓧓√

°≈ÿà¡∫√‘…—∑‰¥â„ÀâÀπ—ß ◊էȔª√–°—πµàÕ‰ªπ’È„π°“√¥”‡π‘π∏ÿ√°‘®ª°µ‘31 ∏—𫓧¡ æ.». 2548

≈â“π‡À√’¬≠≈â“π∫“∑ À√—∞œ ≈â“πÀ¬«π

Àπ—ß ◊էȔª√–°—π∑’Ë∏𓧓√ÕÕ°„Àâ∫ÿ§§≈¿“¬πÕ° 89.4 - -Àπ—ß ◊էȔª√–°—π∑’Ë°≈ÿà¡∫√‘…—∑ÕÕ°„Àâ·°à ∂“∫—π°“√‡ß‘π‡æ◊ËէȔª√–°—π

‘π‡™◊ËÕ¢Õß°≈ÿà¡∫√‘…—∑ 763.3 2.6 20.0

29. ¿“√–ºŸ°æ—π (µàÕ)

Page 205: Annual Report 2005 EN

203√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

30. Àπ—ß ◊էȔª√–°—π¢Õß∏𓧓√ (µàÕ)

31 ∏—𫓧¡ æ.». 2547≈â“π‡À√’¬≠

≈â“π∫“∑ À√—∞œ ≈â“πÀ¬«π

Àπ—ß ◊էȔª√–°—π∑’Ë∏𓧓√ÕÕ°„Àâ∫ÿ§§≈¿“¬πÕ° 69.0 - -Àπ—ß ◊էȔª√–°—π∑’Ë°≈ÿà¡∫√‘…—∑ÕÕ°„Àâ·°à ∂“∫—π°“√‡ß‘π‡æ◊ËէȔª√–°—π

‘π‡™◊ËÕ¢Õß°≈ÿà¡∫√‘…—∑ 687.3 2.6 10.0

31. ‡Àµÿ°“√≥å∑’ËÕ“®®–‡°‘¥¢÷Èπ„π¿“¬Àπâ“

„π‡¥◊Õπ¡°√“§¡ æ.». 2545 ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ‰¥â√—∫Àπ—ß ◊Õ·®âß®“°°√¡ √√æ“°√‡°’ˬ«°—∫°“√®à“¬¿“…’‡ß‘π‰¥â𑵑∫ÿ§§≈À—° ≥ ∑’Ë®à“¬·≈–¿“…’¡Ÿ≈§à“‡æ‘Ë¡∑’ˇ°’ˬ«¢âÕߢÕߪï æ.». 2540 µË”‰ª ‡ªìπ®”π«π‡ß‘π∑—Èß ‘Èπ 23.6 ≈â“π∫“∑ ∫√‘…—∑‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ‰¥â¬◊ËπÕÿ∑∏√≥åµàÕ§≥–°√√¡°“√æ‘®“√≥“Õÿ∑∏√≥å ·≈–»“≈¿“…’Õ“°√°≈“ß ·≈–‡¡◊ËÕ«—π∑’Ë15 ∏—𫓧¡ æ.». 2546 »“≈¿“…’Õ“°√°≈“߉¥â¡’§”æ‘æ“°…“„Àâ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π)™π–§¥’·≈–¬°‡≈‘°°“√ª√–‡¡‘π¿“…’¢Õß°√¡ √√æ“°√·≈–°“√æ‘®“√≥“¢Õߧ≥–°√√¡°“√æ‘®“√≥“Õÿ∑∏√≥å µàÕ¡“°√¡ √√æ“°√‰¥â¬◊ËπÕÿ∑∏√≥åµàÕ»“≈Æ’°“ ‚¥¬¢≥–π’ȧ¥’Õ¬Ÿà„π√–À«à“ßæ‘®“√≥“§¥’¢Õß»“≈ º≈¢Õß°“√æ‘®“√≥“§¥’¥—ß°≈à“«¬—߉¡àÕ“®∑√“∫‰¥â„π¢≥–π’È·≈–‰¡à “¡“√∂§”π«≥‡ªìπ®”π«π‡ß‘π¥â«¬§«“¡·πàπÕπÀ“°¡’Àπ’È ‘π∑’ˇ°‘¥¢÷Èπ®“°§¥’π’È ¥—ßπ—Èπ∫√‘…—∑‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ®÷߬—߉¡à∫—π∑÷°√“¬°“√¥—ß°≈à“«„πß∫°“√‡ß‘π

∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ‰¥âπ”¿“…’√—∫§◊π∑’ˉ¥â√—∫·®âß®“°°√¡ √√æ“°√·≈â«®”π«π 18.3 ≈â“π∫“∑∑’Ë√«¡Õ¬Ÿà„π ‘π∑√—æ¬å‰¡àÀ¡ÿπ‡«’¬πÕ◊Ëπ (À¡“¬‡Àµÿ 15) ·≈–Àπ—ß ◊էȔª√–°—π∑’ËÕÕ°‚¥¬∏𓧓√®”π«π√«¡ 5.3 ≈â“π∫“∑ ‰ª«“߇ªìπÀ≈—°ª√–°—𧥒

32. °Õß∑ÿπ ”√Õ߇≈’Ȭߙ’æ

°≈ÿà¡∫√‘…—∑·≈–æπ—°ß“π‰¥â√à«¡°—π®¥∑–‡∫’¬π®—¥µ—Èß°Õß∑ÿπ ”√Õ߇≈’Ȭߙ’æ¢÷Èπµ“¡æ√–√“™∫—≠≠—µ‘°Õß∑ÿπ ”√Õ߇≈’Ȭߙ’ææ.». 2530 ÷Ëߪ√–°Õ∫¥â«¬‡ß‘π∑’Ëæπ—°ß“π®à“¬ – ¡‡ªìπ√“¬‡¥◊Õπ„πÕ—µ√“√âÕ¬≈– 5 ·≈–∫√‘…—∑®à“¬ ¡∑∫„Àâ„πÕ—µ√“√âÕ¬≈– 5-10¢Õ߇ߑπ‡¥◊Õπ °Õß∑ÿπ ”√Õ߇≈’Ȭߙ’æπ’È∫√‘À“√‚¥¬∫√‘…—∑À≈—°∑√—æ¬å®—¥°“√°Õß∑ÿπ ° ‘°√‰∑¬ ®”°—¥ ·≈–∫√‘…—∑Õ‡¡√‘°—π Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ·Õ ™—«√—π å ®”°—¥

33. °“√¢Õ∂ÕπÀÿâπ¢Õß∫√‘…—∑¬àÕ¬ÕÕ°®“°°“√‡ªìπÀ≈—°∑√—æ¬å®¥∑–‡∫’¬π„πµ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬

∑’˪√–™ÿ¡§≥–°√√¡°“√¢Õß ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) §√—Èß∑’Ë 12/2547 ‡¡◊ËÕ«—π∑’Ë 3 ‘ßÀ“§¡ æ.». 2547 ‰¥â¡’¡µ‘„Àâ¢Õ∂ÕπÀÿâπ¢Õß∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ÕÕ°®“°°“√‡ªìπÀ≈—°∑√—æ¬å®¥∑–‡∫’¬π„πµ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬ ¡µ‘¥—ß°≈à“«‰¥â¡’°“√Õπÿ¡—µ‘„π∑’˪√–™ÿ¡«‘ “¡—≠ºŸâ∂◊ÕÀÿâπ§√—Èß∑’Ë 1/2547 ‡¡◊ËÕ«—π∑’Ë 7 °—𬓬π æ.». 2547 ‚¥¬∫√‘…—∑‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ‰¥â¥”‡π‘π°“√§√∫∂â«πµ“¡∑’Ë°”À𥉫â„π¢âÕ∫—ߧ—∫µ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬ ‡√◊ËÕß°“√‡æ‘°∂ÕπÀ≈—°∑√—æ¬å®¥∑–‡∫’¬π æ.». 2542 ·≈â« §≥–°√√¡°“√µ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬‰¥âÕπÿ¡—µ‘„Àâ‡æ‘°∂ÕπÀÿâπ “¡—≠¢Õß∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ®“°°“√‡ªìπÀ≈—°∑√—æ¬å®¥∑–‡∫’¬π µ—Èß·µà«—π∑’Ë 5 ¡°√“§¡ æ.». 2548

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204 √“¬ß“πª√–®”ªï 2548

34. ‡Àµÿ°“√≥å¿“¬À≈—ß«—π∑’Ë„πß∫°“√‡ß‘π

®“°°“√ª√–™ÿ¡«‘ “¡—≠ª√–®”ªï¢ÕߺŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑‡¡◊ËÕ«—π∑’Ë 6 ¡°√“§¡ æ.». 2549 ºŸâ∂◊ÕÀÿâπ‰¥â¡’¡µ‘Õπÿ¡—µ‘‡√◊ËÕßµà“ßÊ ¥—ßµàÕ‰ªπ’È

34.1 °“√≈¥∑ÿπ®¥∑–‡∫’¬π¢Õß∫√‘…—∑®“° 3,297.9 ≈â“π∫“∑ ‡ªìπ 3,161.4 ≈â“π∫“∑ ‚¥¬°“√¬°‡≈‘°Àÿâπ∫ÿ√‘¡ ‘∑∏‘®¥∑–‡∫’¬π ∑’ˬ—߉¡à‰¥âÕÕ°®”Àπà“¬®”π«π 136,480,000 Àÿâπ ‚¥¬¡’¡Ÿ≈§à“∑’˵√“‰«âÀÿâπ≈– 1 ∫“∑

34.2 °“√‡æ‘Ë¡∑ÿπ®¥∑–‡∫’¬π¢Õß∫√‘…—∑ ®“° 3,161.4 ≈â“π∫“∑ ‡ªìπ 3,374.9 ≈â“π∫“∑ ‚¥¬·∫à߇ªìπÀÿâπ “¡—≠ 3,311.4 ≈â“πÀÿâπ ·≈–Àÿâπ∫ÿ√‘¡ ‘∑∏‘ 63.5 ≈â“πÀÿâπ „π¡Ÿ≈§à“∑’˵√“‰«âÀÿâπ≈– 1 ∫“∑ ‡æ◊ËÕ√Õß√—∫°“√‡ πÕ¢“¬Àÿâπ “¡—≠‡æ‘Ë¡µ“¡∑’Ë°≈à“«‰«â„πÀ¡“¬‡Àµÿ¢âÕ 34.3 ·≈–‡æ◊ËÕ√Õß√—∫°“√„™â ‘∑∏‘µ“¡„∫ ”§—≠· ¥ß ‘∑∏‘®– ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑µ“¡∑’Ë°≈à“«‰«â„πÀ¡“¬‡Àµÿ¢âÕ 34.4

34.3 °“√ÕÕ°·≈–‡ πÕ¢“¬Àÿâπ “¡—≠¢Õß∫√‘…—∑®”π«π 182,844,550 Àπ૬„Àⷰຟâ∂◊ÕÀÿâπ‡¥‘¡„πÕ—µ√“ à«π 15 Àÿâπ “¡—≠À√◊Õ 15Àÿâπ∫ÿ√‘¡ ‘∑∏‘‡¥‘¡µàÕ 1 Àÿâπ “¡—≠∑’ËÕÕ°„À¡à ‚¥¬¡’√“§“‡ πÕ¢“¬Àÿâπ≈– 5.85 ∫“∑ ·≈–√–¬–‡«≈“‡ πÕ¢“¬√–À«à“ß«—π∑’Ë19 ∂÷ß 27 ¡°√“§¡ æ.». 2549

34.4 °“√ÕÕ°·≈–‡ πÕ¢“¬„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®– ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑‡æ‘Ë¡®”π«π 30,664,455 Àπ૬ ‡æ◊ËÕ√Õß√—∫

34.4.1 °“√„™â ‘∑∏‘¢ÕߺŸâ∂◊ÕÀÿâπ‡¥‘¡„π°“√ ◊ÈÕÀÿâπ‡æ‘Ë¡∑ÿπ®”π«π 18,284,455 Àπ૬ µ“¡∑’Ë°≈à“«‰«â„πÀ¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π¢âÕ 34.3

34.4.2 °“√„™â ‘∑∏‘µ“¡„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®– ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑∑’ˉ¥â®—¥ √√„Àâ·°à°√√¡°“√·≈–æπ—°ß“π®”π«π12,380,000 Àπ૬ µ“¡∑’Ë°≈à“«‰«â„πÀ¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π¢âÕ 22.2

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—𫓧¡ æ.». 2548 ·≈– æ.». 2547

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205√“¬ß“πª√–®”ªï 2548

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°“√¥”‡π‘πß“π·≈–∞“π–°“√‡ß‘π¢Õß∫√‘…—∑œ ·≈–∫√‘…—∑¬àÕ¬∑’˺à“π¡“

1. ¿“æ√«¡¢Õß∏ÿ√°‘®

„πªï 2548 ∂÷ß·¡â«à“Õÿµ “À°√√¡°“√∑àÕ߇∑’ˬ«®–‰¥â√—∫º≈°√–∑∫ ¿“¬À≈—߇Àµÿ°“√≥å§≈◊Ëπ¬—°…å ∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈®”°—¥ (¡À“™π) (MINT) “¡“√∂· ¥ßº≈°“√¥”‡π‘πß“π∑’ˬե‡¬’ˬ¡∑—Èßπ’ȇªìπº≈‡π◊ËÕß¡“®“°°“√°√–®“¬§«“¡‡ ’ˬ߄π¥â“π∑’˵—ÈߢÕß‚√ß·√¡µà“ß Ê ¢Õß∫√‘…—∑œ º≈®“°¿—¬æ‘∫—µ‘‰¥â¡’º≈°√–∑∫∑“ß≈∫°—∫®—ßÀ«—¥∑àÕ߇∑’ˬ«„π¿“§„µâ ∑”„Àâπ—°∑àÕ߇∑’ˬ«™“«µà“ß™“µ‘‡¥‘π∑“߉ªæ—°ºàÕπ„π®—ßÀ«—¥Õ◊ËπÊ ÷Ëß„π®”π«ππ—Èπ‚√ß·√¡¢Õß∫√‘…—∑„π°√ÿ߇∑æœ ¡ÿ¬ æ—∑¬“ ·≈–À—«À‘𠉥â√—∫º≈¥’®“°°“√π’ÈπÕ°®“°π’È∫√‘…—∑œ‰¥â‡√‘Ë¡√—∫√Ÿâº≈°“√¥”‡π‘πß“π‡µÁ¡ªï¢Õß‚√ß·√¡‚ø√å´’´—Ëπ å °√ÿ߇∑æœ ·≈–º≈ª√–°Õ∫°“√‡µÁ¡ªï‡ªìπªï·√°¢Õß‚√ß·√¡Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ ∑’Ë ¡ÿ¬

„π¥â“π¢Õß∏ÿ√°‘®Õ“À“√´÷Ë߉¥â√—∫º≈°√–∑∫‡≈Á°πâÕ¬®“° ∂“π°“√≥åπÈ”¡—π´÷Ëß√—∞∫“≈‰¥â¬°‡≈‘°°“√„Àâ‡ß‘π™à«¬‡À≈◊Õæ¬ÿß√“§“πÈ”¡—π¥’‡´≈„πª√–‡∑»·≈–§«“¡«‘µ°¢Õ߉¢âÀ«—¥π°„π∫“ßæ◊Èπ∑’Ë¢Õߪ√–‡∑» ‚¥¬§«“¡«‘µ°¥—ß°≈à“« àߺ≈°√–∑∫¥â“𮑵«‘∑¬“„π à«π¢Õߧ«“¡¡—Ëπ„®¢ÕߺŸâ∫√‘‚¿§„πª√–‡∑»

Õ¬à“߉√°Áµ“¡ º≈®“°°“√∑’Ë∫√‘…—∑œ ‰¥â¢¬“¬°“√≈ß∑ÿπ∑—Èß„π à«π∑’ˇªìπ‡®â“¢Õß·≈–°“√„Àâ ‘∑∏‘·ø√π‰™ å ∑”„Àâº≈°“√¥”‡π‘πß“π¢Õß∏ÿ√°‘®Õ“À“√¢Õß∫√‘…—∑œ Õ¬Ÿà„π√–¥—∫∑’Ë¡’°“√‡µ‘∫‚µ Ÿß¢÷Èπ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ °“√¢¬“¬µ—«¢Õß∏ÿ√°‘®Õ“À“√„πªï 2548∫√‘…—∑œ ¬—ß§ß “¡“√∂§√Õß à«π·∫àßµ≈“¥„πª√–‡∑» Ÿß ÿ¥„π à«π¢Õß∏ÿ√°‘®Õ“À“√ª√–‡¿∑ æ‘ à“ ·≈–‰Õ»§√’¡ ·≈–„πªïπ’ȇªìπªï∑’Ë∫√‘…—∑œ ‰¥â‡√‘Ë¡¢¬“¬∏ÿ√°‘®„πª√–‡∑»®’π ÷Ë߇ªìπ°“√¢¬“¬µ—« Ÿàµà“ߪ√–‡∑»πÕ°‡Àπ◊Õ®“°°“√‡√‘Ë¡µâπ„π°≈ÿࡪ√–‡∑»µ–«—πÕÕ°°≈“ß„π™à«ß 2 ªï∑’˺à“π¡“ ÷Ë߇ªìπ°“√‡πâπ∂÷ß»—°¬¿“æ¢Õß∏ÿ√°‘®Õ“À“√·≈–·∫√π¥åµà“ßÊ¢Õß∫√‘…—∑œ „𧫓¡‡ªìπ “°≈

„π à«π¢Õß°“√‡µ‘∫‚µ¢Õß∏ÿ√°‘® ª“ „πªï 2548 ‡√‘Ë¡®–¡’π—¬ ”§—≠¡“°¢÷ÈπÀ≈—ß®“°∑’Ë∫√‘…—∑œ ‰¥â‡¢â“≈ß∑ÿπ·≈–‡ªìπ‡®â“¢Õß √âÕ¬≈–100 ¢Õß·∫√π¥å ¡—π¥“√“ ª“ „πªï 2547 ∫√‘…—∑œ ª√– ∫§«“¡ ”‡√Á®„π°“√‡ªî¥ ª“„πª≈“¬ªï 2548 ®”π«π 5 “¢“ ÷Ë߇ªì𠪓∑’˵—ÈßÕ¬Ÿà„π‚√ß·√¡∑—Èß„π°√ÿ߇∑æœ ¡—≈¥’ø å ·≈–·∑π´“‡π’¬„π·Õø√‘°“„µâ

„πªï 2548 ∫√‘…—∑œ “¡“√∂· ¥ßº≈ª√–°Õ∫°“√¢Õß°”‰√ ÿ∑∏‘ ®”π«π 1,061 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ®“° 712 ≈â“π∫“∑ À√◊Õ √âÕ¬≈– 49‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ÷Ëߺ≈°”‰√®”π«π 322 ≈â“π∫“∑ ‡ªìπ à«π∑’Ë¡“®“°º≈ª√–°Õ∫°“√¢Õß∏ÿ√°‘®Õ“À“√ (À≈—ß®“°∑’Ë¡’°“√ª√—∫§à“§«“¡π‘¬¡ °”‰√„πÀ≈—°∑√—æ¬å ‡ß‘πªíπº≈√—∫®“°∫√‘…—∑·¡à ·≈–¥Õ°‡∫’Ȭ®à“¬®“°°“√≈ß∑ÿπ„π MFG) πÕ°®“°π’È ®”π«π 513≈â“π∫“∑¡“®“° à«π∏ÿ√°‘®‚√ß·√¡·≈–∫√‘°“√ ·≈–®”π«π 226 ≈â“π∫“∑ ¡“®“°∏ÿ√°‘®»Ÿπ¬å°“√§â“ ∏ÿ√°‘®∫—π‡∑‘ß ·≈–∏ÿ√°‘® ª“

2. “√– ”§—≠¢Õß°“√‡ª≈’ˬπ·ª≈ß´÷Ëß®–¡’º≈µàÕ°“√ª√–°Õ∫°“√¢Õß∫√‘…—∑œ „πÕ𓧵

2.1 ∫√‘…—∑œ ‰¥â‡√‘Ë¡∏ÿ√°‘®√â“πÕ“À“√„πª√–‡∑»®’π ÷Ëßªí®®ÿ∫—π¡’√â“π‡¥Õ– æ‘ à“ ·≈– ‘ å‡≈àÕ√å ®”π«π 9 “¢“ ∑’ˇªî¥¥”‡π‘π°“√„πªï 2548 ‚¥¬∫√‘…—∑œ ‰¥â‡√‘Ë¡°“√≈ß∑ÿπ√à«¡°—∫°≈ÿà¡ AIG ¿“¬„µâ‡ß◊ËÕπ‰¢„π°“√„™â ‘∑∏‘„π°“√‡¢â“ ◊ÈÕÀÿâπ√âÕ¬≈– 100 „π¿“¬À≈—ß ´÷Ëß∏ÿ√°‘®Õ“À“√¢Õß∫√‘…—∑œ≈ß∑ÿππ’ÈπÕ°®“°¡’√â“π‡¥Õ– æ‘´´à“ ·≈–√â“π´‘´´å‡≈àÕ√å ·≈⫬—ß¡’√â“πÕ“À“√®’π¿“¬„µâ™◊ËÕçLeJazzé ÷Ëß°àÕπÀπâ“π’È∫√‘À“√‚¥¬°≈ÿà¡ AIG ªí®®ÿ∫—π√â“π LeJazz ¡’∑—Èß ‘Èπ®”π«π 8 “¢“

2.2 „π à«π¢Õß∏ÿ√°‘®·ø√π‰™ å ‡¥Õ– æ‘ à“ ·≈– ‡«π‡ àπ å ¡’°“√¢¬“¬ “¢“„πª√–‡∑»§Ÿ‡«µ À√—∞Õ“À√—∫Õ“¡‘‡√µ °—¡æŸ™“ ·≈–øî≈‘ªªîπ å ®”π«π∑—Èß ‘Èπ 12 “¢“

2.3 ¥â“π°“√¢¬“¬µ—«¢Õß∏ÿ√°‘®Õ“À“√„πª√–‡∑»„πªï 2548 ∫√‘…—∑œ ‰¥â∑”°“√‡ªî¥ “¢“∑—Èß ‘Èπ®”π«π 31 “¢“ ‚¥¬°“√¢¬“¬‡ªìπ‰ª„π√Ÿª·∫∫¢Õß°“√‡ªìπ‡®â“¢Õß·≈–°“√„Àâ ‘∑∏‘·ø√π‰™ å ÷Ëߪ√–°Õ∫‰ª¥â«¬ √â“π‡¥Õ– æ‘ à“ 14 “¢“ (√«¡·ø√π‰™ å7 “¢“) ‡«π‡´àπ å 22 “¢“ (√«¡·ø√π‰™ å 17 “¢“) ´‘ ´å‡≈àÕ√å 3 “¢“ ·≈– ·¥√’˧«’π 7 “¢“

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206 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

§”Õ∏‘∫“¬·≈–«‘‡§√“–Àå¢ÕßΩÉ“¬®—¥°“√

2.4 „π à«π¢Õß°“√‡ª≈’ˬπ·ª≈ߢÕß∏ÿ√°‘®‚√ß·√¡ ∫√‘…—∑‰¥â‡æ‘Ë¡°“√≈ß∑ÿπ„π∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π) (RHC) ®“°√âÕ¬≈– 57.7 ‡ªìπ√âÕ¬≈– 90.8 ‚¥¬°“√‡¢â“∑”§”‡ πÕ ◊ÈÕ®”π«π 47 ∫“∑µàÕÀÿâπ ‡¡◊ËÕ‡¥◊Õπ ¡°√“§¡ 2548

2.5 „π‡¥◊Õπ°ÿ¡¿“æ—π∏å ∫√‘…—∑œ ‰¥â‡√‘Ë¡°“√°àÕ √â“ß‚§√ß°“√‰∑¡å·™√å ‚§√ß°“√ 2 ¿“¬„µâ™◊ËÕ ·¡√‘ÕÕ∑ «“‡§™—Ëπ «‘≈≈à“ ‰∑¡å·™√å®”π«π 84 ÀâÕß ÷Ë߇ªìπ°“√√à«¡≈ß∑ÿπ√âÕ¬≈– 50 √–À«à“ß∫√‘…—∑œ °—∫ °≈ÿà¡ Marriott ÷Ëß°“√°àÕ √â“ß∑¬Õ¬‡ √Á®‡¡◊ËÕ‡¥◊Õπ∏—𫓧¡ 2548 ·≈–®–‡ √Á® ¡∫Ÿ√≥å„π‰µ√¡“ ·√°ªï 2549

2.6) „π‡¥◊Õπ¡’π“§¡ 2548 ∫√‘…—∑œ ‰¥â¡’°“√‡ª≈’ˬπ™◊ËÕ®“° √Õ¬—≈ °“√凥âπ √’´Õ√å∑ ®”°—¥ (¡À“™π) ‡ªìπ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π) ‡æ◊ËÕ„Àâ§√Õ∫§≈ÿ¡∂÷ß∏ÿ√°‘®∑—ÈßÀ¡¥¢Õß∫√‘…—∑œ ‰¥â§√∫∂â«π À≈—ß®“°∑’Ë¡’°“√§«∫√«¡∏ÿ√°‘®Õ“À“√‡¢â“°—∫∏ÿ√°‘®‚√ß·√¡·≈–∫√‘°“√

2.7 ‡¡◊ËÕ‡¥◊Õπ∏—𫓧¡ ∏ÿ√°‘®‚√ß·√¡ ÷Ëß¡’°“√√à«¡≈ß∑ÿπ °—∫ Dr. Maniku ÷Ë߇ªìπºŸâª√–°Õ∫°‘®°“√∏ÿ√°‘®‚√ß·√¡„πª√–‡∑»¡—≈¥’ø å‚¥¬∫√‘…—∑√à«¡∑ÿπ‰¥â‡√‘Ë¡¥”‡π‘π°“√°àÕ √â“ß‚√ß·√¡∑—ÈßÀ¡¥√«¡ 3 ·Ààß ®”π«πÀâÕß 180 ÀâÕß ·≈–‚√ß·√¡·√°‰¥â°àÕ √â“ß ¡∫Ÿ√≥å·≈–‰¥â‡√‘Ë¡‡ªî¥∫√‘°“√·≈â«„π‡¥◊Õπ∏—𫓧¡ 2548 §◊Õ‚√ß·√¡‚∫¥Ÿ ŒŸ√“ Õ’° Õß‚√ß·√¡§◊Õ‚√ß·√¡ Õπ—πµ√“·≈–π“√“¥Ÿ≈ ®–æ√âÕ¡‡ªî¥„Àâ∫√‘°“√¿“¬„πªï 2549

2.8 πÕ°®“°π’È°“√°àÕ √â“ߢÕß‚√ß·√¡‚ø√å ’ —Ëπ å ‚°≈‡¥âπ‰∑√·Õ߇°‘È≈ (‡µÁπ∑å·§¡ªá) „π®—ßÀ«—¥‡™’¬ß√“¬ °Á‡ √Á® ¡∫Ÿ√≥å “¡“√∂„Àâ∫√‘°“√‰¥âÕ¬à“߇ªìπ∑“ß°“√¿“¬„µâ·∫√π¥å‚ø√å ’ —Ëπ å ‰¥â„π‡¥◊Õπ¡°√“§¡ 2549

2.9 „π à«π¢Õß∏ÿ√°‘® ª“ „πª≈“¬ªï 2548 ∫√‘…—∑œ “¡“√∂‡ªî¥„Àâ∫√‘°“√‡æ‘Ë¡¢÷Èπ®”π«π 5 ª“ ‚¥¬ª√–°Õ∫¥â«¬ ª“„πª√–‡∑»‰∑¬, ®’π·≈–·Õø√‘°“„µâ

2.10 §≥–°√√¡°“√¢Õß∫√‘…—∑œ ‰¥â¡’¡µ‘„Àâ‡æ‘Ë¡∑ÿπ®”π«π 187 ≈â“πÀÿâπ ‚¥¬‡ªìπ°“√„Àâ ‘∑∏‘°“√®Õß´◊ÈÕ„Àâ°—∫ºŸâ∂◊ÕÀÿâπ‡¥‘¡„π —¥ à«π 15 Àÿâπ‡¥‘¡ µàÕ 1 Àÿâπ„À¡à ‚¥¬‡ß‘π∑’ˉ¥â®“°°“√‡æ‘Ë¡∑ÿπ®–π”¡“„™â≈ß∑ÿπ„π∏ÿ√°‘®‚√ß·√¡„π‡°“– ¡ÿ¬ ∏ÿ√°‘®‚√ß·√¡„πª√–‡∑»¡—≈¥’ø å ·≈–°“√≈ß∑ÿπ„π∏ÿ√°‘®Õ“À“√„πª√–‡∑»®’π ‚¥¬°“√‡æ‘Ë¡∑ÿ𧓥«à“®–‡ √Á® ¡∫Ÿ√≥å≈– √ÿªº≈‰¥â„π‡¥◊Õπ°ÿ¡¿“æ—π∏å 2549

2.11 µ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬‰¥âª√–°“»„Àâ MINT ‡¢â“√à«¡„π°“√§”π«≥¥—™π’ SET - 100 π—∫µ—Èß·µàµâπ¡°√“§¡ 2549‡ªìπµâπ‰ª ∑—Èßπ’ȇπ◊ËÕß®“°°“√‡µ‘∫‚µ¢Õß¡Ÿ≈§à“À≈—°∑√—æ¬å ·≈–°“√‡æ‘Ë¡¢÷Èπ¢Õß ¿“æ§≈àÕß®“°°“√´◊ÈÕ¢“¬À≈—°∑√—æ¬å¢Õß∫√‘…—∑œ

2.12 „πªï 2548 ®”π«πÀÿâπ®¥∑–‡∫’¬π„À¡à¢Õß∫√‘…—∑œ ¥—ßπ’È1) ®”π«π 14.39 ≈â“πÀÿâπ ¡Ÿ≈§à“ 24 ≈â“π∫“∑ ®“°°“√„™â ‘∑∏‘µ“¡„∫ ”§—≠· ¥ß ‘∑∏‘®”π«π 1.16 ≈â“π2) „∫ ”§—≠· ¥ß ‘∑∏‘®”π«π 242.5 ≈â“πÀÿâπ ®“°°“√„ÀâÀÿâπªíπº≈®“°º≈°“√¥”‡π‘πß“π„πªï 2547

2.13 ‡¡◊ËÕ‡¥◊Õπ°—𬓬π 2548 ∫√‘…—∑œ ‰¥â√—∫‡ß‘𙥇™¬®“°§à“ª√–°—π°“√ Ÿ≠‡ ’¬√“¬‰¥â®“°°“√ª√–°Õ∫°‘®°“√¢Õß∏ÿ√°‘®‚√ß·√¡‡®¥—∫∫≈‘« ¿Ÿ‡°Áµ √’ Õ√å∑ ·Õπ¥å ª“ ®”π«π∑—Èß ‘Èπ 60 ≈â“π∫“∑ πÕ°®“°π’È ∫√‘…—∑œ ¬—߉¥â√—∫§à“ ‘π‰À¡∑¥·∑π®“°°“√ª√–°—π¿—¬„π∑√—æ¬å ‘π¢Õß‚√ß·√¡ Õπ—πµ√“ ‚§‚§âà ª“≈å¡ ∑’ˇ¢“À≈—° ™÷Ë߉¥â√—∫§«“¡‡ ’¬À“¬∑—ÈßÀ¡¥®“°§≈◊Ëπ ÷π“¡‘

2. “√– ”§—≠¢Õß°“√‡ª≈’ˬπ·ª≈ß´÷Ëß®–¡’º≈µàÕ°“√ª√–°Õ∫°“√¢Õß∫√‘…—∑œ „πÕ𓧵 (µàÕ)

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207√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

§”Õ∏‘∫“¬·≈–«‘‡§√“–Àå¢ÕßΩÉ“¬®—¥°“√

2.14 ∫√‘…—∑œ ‰¥â¢¬“¬∏ÿ√°‘®¿“¬„µâ —≠≠“°“√®—¥°“√‚√ß·√¡ (Hotel Management Contract) ®”π«π 6 ‚√ß·√¡ ∑’Ë¥Ÿ‰∫ ¡—≈¥’ø å ·≈–∫“À≈’ ‚¥¬∫√‘…—∑œ ®– “¡“√∂‡√‘Ë¡„Àâ∫√‘°“√ ‡√‘Ë¡®“°ªï 2549 ‡ªìπµâπ‰ª

2.15 „π à«π¢Õß∏ÿ√°‘® ª“ ∫√‘…—∑œ ‰¥â¡’°“√¢¬“¬µ—«§√Õ∫§≈ÿ¡„πµà“ߪ√–‡∑» ¿“¬„µâ·∫√π¥å¡—π¥“√“ ª“ ·≈–Õπ—πµ√“ ª“„π‚√ß·√¡„π°≈ÿࡪ√–‡∑»„π‡Õ‡™’¬ ª√–°Õ∫¥â«¬ ª√–‡∑»®’π ¡—≈¥’ø å ·Õø√‘°“„µâ ·≈–°≈ÿࡪ√–‡∑»µ–«—πÕÕ°°≈“ß

3. «‘‡§√“–Àåº≈°“√¥”‡π‘πß“π

º≈°“√¥”‡π‘πß“π¢Õß∫√‘…—∑œ ·≈–∫√‘…—∑¬àÕ¬„πªï 2548 ¡’°”‰√ ÿ∑∏‘®”π«π 1,061 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ 349 ≈â“π∫“∑ À√◊Õ¡’Õ—µ√“‡µ‘∫‚µ√âÕ¬≈– 49 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ‚¥¬º≈ª√–°Õ∫°“√ª√–®”ªï 2548 ¡“®“°°‘®°√√¡∑’Ë ”§—≠Ê ¥—ßµàÕ‰ªπ’È

3.1 √“¬‰¥â

3.1.1 √“¬‰¥â®“°∏ÿ√°‘®Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 10√“¬‰¥â¢Õß∫√‘…—∑®“°∏ÿ√°‘®Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ „πªï 2548 ®”π«π 4,793 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ 438 ≈â“π∫“∑ À√◊Õ¡’°“√‡µ‘∫‚µ√âÕ¬≈– 10 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ‚¥¬°“√‡µ‘∫‚µπ—Èπ à«πÀπ÷Ëß¡’π—¬ ”§—≠¡“®“°°“√ª√—∫µ—«‡æ‘Ë¡¢÷Èπ¢Õß°“√‡µ‘∫‚µ‚¥¬‡ª√’¬∫‡∑’¬∫®”π«π√â“π∑’ˇ∑à“°—π (Same-Store-Sale) ∑’Ë¡’Õ—µ√“√âÕ¬≈– 6 „πªï 2548 (‚ª√¥ —߇°µ«à“°“√‡µ‘∫‚µ¢Õß∏ÿ√°‘®Õ“À“√¢Õß∫√‘…—∑œ„πªï 2548 Õ“®®–µË”°«à“°“√‡µ‘∫‚µ¢Õߪï 2547 ‡π◊ËÕß®“°ªï 2547 ‡ªìπªï·√°∑’Ë∫√‘…—∑‰¥â∫—π∑÷°∫—≠™’¢Õß∏ÿ√°‘®Õ“À“√‡µÁ¡ªï‡ªìπªï·√° ¢≥–∑’˪ï 2546 ∫√‘…—∑œ ‰¥â∫—π∑÷°∫—≠™’¢Õß∏ÿ√°‘®Õ“À“√‡æ’¬ß§√÷Ëߪï‡∑à“π—Èπ)

1. √“¬‰¥â√«¡¢Õß∏ÿ√°‘®æ‘´´à“„πªï 2548 ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 11 ‡∑’¬∫°—∫ªï∑’˺à“π¡“´÷Ëß°“√‡µ‘∫‚µ‡°‘¥®“°°“√‡µ‘∫‚µ¢Õß√“¬‰¥â®“°°“√¢“¬ ·≈–¡’°“√‡ªî¥ “¢“„À¡à®”π«π 27 “¢“ ∑—Èß„π à«π∑’ˇªìπ‡®â“¢Õß·≈–°“√„Àâ ‘∑∏‘·ø√π‰™ å∑—Èß„π·≈–µà“ߪ√–‡∑»®”π«π 12 ·≈– 15 “¢“ µ“¡≈”¥—∫

2. ∫√‘…—∑ ‡«π‡ àπ å (‰∑¬) ®”°—¥ ÷Ë߇ªìπºŸâ®—¥®”Àπà“¬‰Õ»§√’¡æ√’‡¡’ˬ¡¿“¬„µâ·∫√π¥å ç ‡«π‡ àπ åé ¡’°“√‡µ‘∫‚µ·∫∫°â“«°√–‚¥¥∂÷ß√âÕ¬≈– 27 ÷Ë߇ªìπº≈‡π◊ËÕß¡“®“°¬Õ¥¢“¬¢Õ߉ջ§√’¡ ‡«π‡ àπ å ∑’ˇµ‘∫‚µæ√âÕ¡°—∫®”π«π “¢“„À¡à∑’ˇªî¥„πªïπ’È®”π«π 26 “¢“ ‚¥¬ “¢“∑—ÈßÀ¡¥ 5 “¢“‡ªìπ à«π∑’Ë∫√‘…—∑‡ªìπ‡®â“¢Õß ·≈– 21 “¢“‡ªìπ°“√„Àâ ‘∑∏‘·ø√π‰™ å∑—Èß„π·≈–µà“ߪ√–‡∑»

3. ∫√‘…—∑ ‡Õ ·Õ≈Õ“√å∑’ ®”°—¥ ‡ªìπºŸâª√–°Õ∫°“√ ÷Ë߉¥â√—∫≈‘¢ ‘∑∏‘Ï„π°“√ª√–°Õ∫∏ÿ√°‘®√â“πÕ“À“√¿“¬„µâ·∫√π¥å ç ‘ å‡≈àÕ√åé „πª√–‡∑»‰∑¬ ‰¥â¡’°“√‡µ‘∫‚µ√âÕ¬≈– 12 ‡π◊ËÕß¡“®“°°“√‡ªî¥ “¢“„À¡à ®”π«π∑—Èß ‘Èπ 7 “¢“„πªï∑’˺à“π¡“

4. ∫√‘…—∑ ‰¡‡πÕ√å ¥’§‘« ®”°—¥ ‡ªìπºŸâª√–°Õ∫°“√∑’ˉ¥â√—∫ ‘∑∏‘„π°“√®”Àπà“¬‰Õ»§√’¡·¥√’˧«’π ·µà‡æ’¬ßºŸâ‡¥’¬«„πª√–‡∑»‰∑¬ “¡“√∂‡µ‘∫‚µ Ÿß∂÷ß√âÕ¬≈– 19 „πªï 2548 °“√‡µ‘∫‚µ¥—ß°≈à“«‡π◊ËÕß®“°°“√ÕÕ°º≈‘µ¿—≥±å„À¡à ·≈–°“√‡ªî¥ “¢“„À¡à®”π«π 7 “¢“

5. ∫√‘…—∑ ‡∫Õ√凰Õ√å (ª√–‡∑»‰∑¬) ®”°—¥ ‡ªìπºŸâª√–°Õ∫°“√·Œ¡‡∫Õ√凰Õ√å¿“¬„µâ·∫√π¥å ç‡∫Õ√凰Õ√å§‘ß åé „πª√–‡∑»‰∑¬¡’Õ—µ√“°“√‡µ‘∫‚µ‚¥¬√«¡√âÕ¬≈– 3 ∑—Èßπ’È°“√‡®√‘≠‡µ‘∫‚µ‡ªìπ„πÕ—µ√“∑’˵˔ ‡π◊ËÕß®“°¡’°“√ªî¥ “¢“‡æ◊ËÕ°“√ª√—∫ª√ÿß„π»Ÿπ¬å°“√§â“·ÀàßÀπ÷Ëß

6. √“¬‰¥â®“°°“√„Àâª√–°Õ∫°“√∏ÿ√°‘®·ø√π‰™ å „πªï 2548 ®”π«π 156 ≈â“π∫“∑‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 26 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“‡π◊ËÕß®“°√“¬‰¥â®“°°“√„Àâ·ø√π‰™ å‡æ‘Ë¡¢÷Èπ„πª√–‡∑»´“Õÿ¥‘Õ“√“‡∫’¬ ·≈–¥Ÿ‰∫

2. “√– ”§—≠¢Õß°“√‡ª≈’ˬπ·ª≈ß´÷Ëß®–¡’º≈µàÕ°“√ª√–°Õ∫°“√¢Õß∫√‘…—∑œ „πÕ𓧵 (µàÕ)

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208 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

§”Õ∏‘∫“¬·≈–«‘‡§√“–Àå¢ÕßΩÉ“¬®—¥°“√

3.1 √“¬‰¥â (µàÕ)

3.1.2 √“¬‰¥â®“°∏ÿ√°‘®‚√ß·√¡ Ÿß¢÷Èπ√âÕ¬≈– 54

√“¬‰¥â®“°“√ª√–°Õ∫°“√∏ÿ√°‘®‚√ß·√¡„πªï 2548 Õ¬Ÿà∑’Ë 4,298 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ∂÷ß 1,515 ≈â“π∫“∑ À√◊Õ√âÕ¬≈– 54 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ‚¥¬°“√‡µ‘∫‚µ¥—ß°≈à“«πÕ°‡Àπ◊Õ®“°º≈°“√¥”‡π‘πß“π∑’Ë·¢Áß·°√àߢÕß°≈ÿà¡‚√ß·√¡¢Õß∫√‘…—∑œ ¿“¬„µâ·∫√π¥å ·¡√‘ÕÕ∑ Õπ—πµ√“ ·≈–‚ø√å ’ —Ëπ å·≈â« ¬—߇°‘¥®“°°“√√«¡º≈ª√–°Õ∫°“√¢Õß‚√ß·√¡‡®¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ ·≈–‚√ß·√¡‚ø√å ’ —Ëπ å °√ÿ߇∑æœ ‡µÁ¡ªï‡ªìπªï·√° ‚¥¬√“¬≈–‡Õ’¬¥¢Õߺ≈ª√–°Õ∫°“√¡“®“°°‘®°“√∑’Ë ”§—≠¥—ßµàÕ‰ªπ’È

º≈°“√ª√–°Õ∫°‘®°“√∑’ˬե‡¬’ˬ¡¢Õß‚√ß·√¡„π°≈ÿà¡·¡√‘ÕÕ∑

1. ‚√ß·√¡°√ÿ߇∑æœ ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ ¡’°“√√—∫√Ÿâ√“¬‰¥â„πªï 2548 ‡æ‘Ë¡¢÷Èπ‡ªìπ 950 ≈â“π∫“∑®“° 801 ≈â“π∫“∑„πªï 2547 À√◊Õª√—∫µ—«‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 19 ∑—Èßπ’ȇπ◊ËÕß¡“®“°Õ—µ√“°“√‡¢â“æ—°∑’˪√—∫ Ÿß¢÷Èπ‡ªìπ√âÕ¬≈– 86 ®“°√âÕ¬≈– 82 ·≈–Õ—µ√“§à“ÀâÕßæ—°‡©≈’ˬ Ÿß¢÷Èπ√âÕ¬≈– 17 ®“°√“§“ 2,951 ∫“∑ µàÕ§◊π‡ªìπ 3,444 ∫“∑ µàÕ§◊π

2. ‚√ß·√¡æ—∑¬“ ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ ¡’√“¬‰¥â Ÿß¢÷Èπ‡ªìπ 438 ≈â“π∫“∑„πªï 2548 ®“° 391 ≈â“π∫“∑„πªï 2547 À√◊Õ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 12 ‡π◊ËÕß®“°Õ—µ√“°“√‡¢â“æ—°∑’Ë Ÿß¢÷Èπ‡ªìπ√âÕ¬≈– 80 ®“°√âÕ¬≈– 74 ·≈–§à“ÀâÕßæ—°‡©≈’ˬ∑’Ë Ÿß¢÷Èπ®“° 2,798∫“∑ ‡ªìπ 3,101 ∫“∑µàÕ§◊π

3. ‚√ß·√¡ À—«À‘π ·¡√‘ÕÕ∑ √’ Õ√å∑ ·Õπ¥å ª“ ∑’Ë√“¬‰¥â‡æ‘Ë¡¢÷Èπ‡ªìπ 325 ≈â“π∫“∑„πªï 2548 ®“° 278 ≈â“π∫“∑„πªï∑’˺à“π¡“À√◊Õ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 17 ∑—Èßπ’ȇπ◊ËÕß®“°Õ—µ√“°“√‡¢â“æ—°∑’Ë Ÿß¢÷Èπ®“°√âÕ¬≈– 72 ‡ªìπ√âÕ¬≈– 81 ·≈–§à“ÀâÕßæ—°µàÕ§◊π Ÿß¢÷Èπ®“° 3,065 ∫“∑ ‡ªìπ 3,194 ∫“∑

4. ‚√ß·√¡ ‡®¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ √’ Õ√å∑ ·Õπ¥å ª“ ÷Ëß¡’°“√ª√—∫µ—« Ÿß¢÷Èπ‡æ’¬ß‡≈Á°πâÕ¬„π à«π¢Õß√“¬‰¥â„πªïπ’È ‚¥¬√“¬‰¥â¢Õß‚√ß·√¡„πªïπ’ÈÕ¬Ÿà∑’Ë 720 ≈â“π∫“∑ ∂÷ß·¡â«à“¡’°“√ª√—∫µ—« Ÿß¢÷Èπ‡æ’¬ß√âÕ¬≈– 1 ¢Õß√“¬‰¥â√«¡ ·µà∂◊Õ‰¥â«à“º≈ª√–°Õ∫°“√¢Õß∫√‘…—∑œ π—∫«à“·¢Áß·°√àß ‡¡◊ËÕ‡∑’¬∫°—∫‚√ß·√¡Õ◊Ëπ„π∫√‘‡«≥„°≈⇧’¬ß ¿“¬À≈—ß®“°‡Àµÿ°“√≥å ÷π“¡‘ Õ—µ√“°“√‡¢â“æ—°¬—ߧßÕ¬Ÿà„π√–¥—∫∑’Ë„°≈⇧’¬ß°—∫ªï∑’˺à“π¡“ „π¢≥–∑’Ë√“§“ÀâÕßæ—°‡©≈’ˬµàÕ§◊π Ÿß¢÷Èπ√âÕ¬≈– 18 ®“° 4,726 ∫“∑‡ªìπ 5,561 ∫“∑ (À¡“¬‡Àµÿ ªï 2548 ‡ªìπªï·√°∑’Ë‚√ß·√¡‡®¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ ‰¥â¡’°“√∫—π∑÷°√“¬‰¥â√«¡°—∫∫√‘…—∑œ‡µÁ¡ªï)

º≈°“√ª√–°Õ∫°“√¢Õß‚√ß·√¡„π°≈ÿà¡Õπ—πµ√“

1. ‚√ß·√¡Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ À—«À‘π ¡’√“¬‰¥â∑’Ë 311 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 27 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ∑—Èßπ’ȇπ◊ËÕß®“°Õ—µ√“°“√‡¢â“æ—°∑’ˇæ‘Ë¡¢÷È𠇪ìπ√âÕ¬≈– 76 ®“°√âÕ¬≈– 61 ·≈–√“§“ÀâÕßæ—°‡©≈’ˬµàÕ§◊π Ÿß¢÷Èπ ®“° 3,669 ∫“∑ ‡ªìπ3,814 ∫“∑

2. ‚√ß·√¡ Õπ—πµ√“‚°≈‡¥âπ ‰∑√·Õ߇°‘È≈ ¡’√“¬‰¥â‡æ‘Ë¡¢÷Èπ‡ªìπ 119 ≈â“π∫“∑ „πªï 2548 ®“° 105 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ√âÕ¬≈–14 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ‡π◊ËÕß®“°Õ—µ√“§à“ÀâÕ߇©≈’ˬµàÕ§◊π Ÿß¢÷Èπ√âÕ¬≈– 14 ®“° 4,173 ∫“∑ ‡ªìπ 4,756 ∫“∑

3 «‘‡§√“–Àåº≈°“√¥”‡π‘πß“π (µàÕ)

Page 211: Annual Report 2005 EN

209√“¬ß“πª√–®”ªï 2548

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3.1 √“¬‰¥â (µàÕ)

3.1.2 √“¬‰¥â®“°∏ÿ√°‘®‚√ß·√¡ Ÿß¢÷Èπ√âÕ¬≈– 54 (µàÕ)

º≈°“√ª√–°Õ∫°“√¢Õß‚√ß·√¡„π°≈ÿà¡‚ø√å ’ —Ëπ å

1. ‚√ß·√¡‚ø√å ’ —Ëπ å √’ Õ√å∑ ‡™’¬ß„À¡à ¡’√“¬‰¥â√«¡„πªï 2548 ‡æ‘Ë¡‡ªìπ 386 ≈â“π∫“∑ ®“° 355 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 9‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ‚¥¬°“√ª√—∫µ—«¥—ß°≈à“«‡°‘¥®“°√“§“ÀâÕßæ—°∑’Ë Ÿß¢÷Èπ®“° 11,008 ∫“∑ µàÕ§◊π‡ªìπ 12,115 ∫“∑µàÕ§◊π

2. ”À√—∫‚√ß·√¡‚ø√å ’ —Ëπ å °√ÿ߇∑æœ ªï 2548 π—∫‡ªìπªï·√°∑’’Ë¡’°“√√«¡ß∫°“√‡ß‘π¢Õß∫√‘…—∑œ ‚¥¬∫√‘…—∑œ √«¡√“¬‰¥â®”π«π 919 ≈â“π∫“∑¢Õß‚√ß·√¡„πß∫°“√‡ß‘π√«¡ ´÷Ëß√“¬‰¥â¢Õß‚√ß·√¡¥—ß°≈à“«‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 1 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ‚¥¬Õ—µ√“°“√‡¢â“æ—°¢Õß‚√ß·√¡„πªïπ’ÈÕ¬Ÿà∑’Ë√âÕ¬≈– 63 ≈¥≈ß®“°√âÕ¬≈– 68 „πªï 2547 „π¢≥–∑’ËÕ—µ√“°“√§à“ÀâÕßæ—°‡©≈’ˬª√—∫µ—« Ÿß¢÷Èπ®“° 5,139 ∫“∑ ‡ªìπ 5,665 ∫“∑ “‡ÀµÿÀ≈—°‡π◊ËÕß®“°¡’°“√ª√—∫ª√ÿßÀâÕßæ—°¢Õß‚√ß·√¡®”π«π 160ÀâÕß (∂◊Õ‡ªìπ√âÕ¬≈– 40 ¢Õß®”π«πÀâÕß∑—ÈßÀ¡¥) „π™à«ß‡¥◊Õπ‡¡…“¬π - °—𬓬π 2548) ´÷Ëß∫√‘…—∑œ §“¥«à“ À≈—ß®“°°“√ª√—∫ª√ÿß„Àâ ¡∫Ÿ√≥å·∫∫„πªï 2549 ·≈â«∑“ß‚√ß·√¡®– “¡“√∂‡æ‘Ë¡√“¬‰¥âÕ¬à“ß¡’π—¬ ”§—≠

3.1.3 √“¬‰¥â®“°∏ÿ√°‘® ª“¡’°“√‡µ‘∫‚µ√âÕ¬≈– 7„πªï 2548 √“¬‰¥â¢Õß∏ÿ√°‘® ª“Õ¬Ÿà∑’Ë 316 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ 20 ≈â“π∫“∑ À√◊Õ√âÕ¬≈– 7 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ‡π◊ËÕß®“°°“√‡ªî¥ ª“„À¡à„πª≈“¬ªï 2548 ®”π«π 5 ·Ààß „πªï 2548 ÷Ëßπ—∫«à“ ‡ªìπ°“√‡®√‘≠‡µ‘∫‚µ∑’˧àÕπ¢â“ߵ˔ ‡¡◊ËÕ‡∑’¬∫°—∫ªï°àÕπÀπâ“ “‡ÀµÿÀ≈—° ‡π◊ËÕß®“°¡’ ª“®”π«π 3 ·Ààß∑’Ë√“¬‰¥â≈¥≈ßÕ¬à“ß¡’π—¬ ”§—≠ Õ—π‡ªìπº≈¡“®“°‡Àµÿ°“√≥å§≈◊Ëπ ÷π“¡‘ Õ¬à“߉√°Á¥’º≈ª√–°Õ∫°“√¢Õß ª“¥—ß°≈à“« ‰¥âª√—∫µ—«¥’¢÷Èπ¡“„π‰µ√¡“ ∑’Ë 4 ·≈–§“¥«à“®–‡¢â“ Ÿà ¿“«–ª°µ‘„πªï 2549

3.1.4 √“¬‰¥â®“°∏ÿ√°‘®»Ÿπ¬å°“√§â“ ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 18√“¬‰¥â ÿ∑∏‘®“°∏ÿ√°‘®»Ÿπ¬å°“√§â“„πªï 2548 ‡æ‘Ë¡¢÷Èπ‡ªìπ 375 ≈â“π∫“∑ ª√—∫µ—«‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 18 ®“°ªï∑’˺à“π¡“ ‡π◊ËÕß¡“®“°°“√¢¬“¬æ◊Èπ∑’Ë„Àâ‡™à“®”π«π∑—Èß ‘Èπ 3,218 µ“√“߇¡µ√ À≈—ß®“°°“√ªî¥∫“ß à«π‡æ◊ËÕ∑”°“√ª√—∫ª√ÿß„πªï∑’˺à“π¡“

3.1.5 √“¬‰¥â®“°∏ÿ√°‘®∫—π‡∑‘ß ‡µ‘∫‚µÕ¬à“ß¡’π—¬ ”§—≠∂÷ß √âÕ¬≈– 67 √“¬‰¥â®“°∏ÿ√°‘®∫—π‡∑‘ߢÕß∫√‘…—∑œ „πªï 2548 ®”π«π 88 ≈â“π∫“∑ ¡’°“√ª√—∫µ—« Ÿß¢÷ÈπÕ¬à“ß¡’π—¬ ”§—≠§◊Õ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 67‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ Õ—µ√“°“√‡µ‘∫‚µ¥—ß°≈à“«‡π◊ËÕß¡“®“°°“√‡ªî¥µ—«‡§√◊ËÕ߇≈àπ„À¡à ´÷Ë߇√‘Ë¡„Àâ∫√‘°“√‰¥âπ—∫µ—Èß·µà‡¥◊Õπ∏—𫓧¡„πªï 2547

3.1.6 √“¬‰¥âÕ◊Ëπ√“¬‰¥âÕ◊ËπÊ ¢Õß∫√‘…—∑œ ®”π«π 572 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ 141 ≈â“π∫“∑ À√◊Õ√âÕ¬≈– 32 ‡¡◊ËÕ‡∑’¬∫°—∫ªï 2547 ‡π◊ËÕß¡“®“°√“¬‰¥â∑’ˇæ‘Ë¡¢÷Èπ¢Õß∏ÿ√°‘®Õ“À“√„π√Ÿª·∫∫°“√„Àâ ‘∑∏‘Ï·ø√π‰™ å¢Õß∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÖ¥ °√ÿäª ®”π«π 33 ≈â“π∫“∑ √“¬‰¥â®“°°“√¢“¬«—µ∂ÿ¥‘∫„Àâ∫√‘…—∑∑’ˉ¥â√—∫ ‘∑∏‘Ï·ø√π‰™ å„πµà“ߪ√–‡∑»¢Õß MFG ®”π«π 28 ≈â“π∫“∑ ·≈–‡ß‘π π—∫ πÿπ‡æ◊ËÕ‡¢â“∑” —≠≠“∫√‘°“√∑’˪√÷°…“∑“ߥâ“π°“√¥”‡π‘πß“π‚√ß·√¡ ®”π«π 30 ≈â“π∫“∑

3. «‘‡§√“–Àåº≈°“√¥”‡π‘πß“π (µàÕ)

Page 212: Annual Report 2005 EN

210 √“¬ß“πª√–®”ªï 2548

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3.2 µâπ∑ÿπ¢“¬·≈–§à“„™â®à“¬

3.2.1 µâπ∑ÿπ¢“¬√«¡‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 23 µ“¡§«“¡§“¥À¡“¬µâπ∑ÿπ¢“¬√«¡„πªï 2548 Õ¬Ÿà∑’Ë 3,342 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ 617 ≈â“π∫“∑ À√◊Õ√âÕ¬≈– 23 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ °“√‡µ‘∫‚µ∑’ˇæ‘Ë¡¢÷Èπ¢Õßµâπ∑ÿπ¢“¬§àÕπ¢â“߇ªìπ‰ªµ“¡§«“¡§“¥À¡“¬ ·≈–‡ªìπ°“√ª√—∫µ—«‡æ‘Ë¡¢÷ÈπµË”°«à“°“√ª√—∫µ—«‡æ‘Ë¡¢÷Èπ¢Õß√“¬‰¥â‚¥¬º≈ª√–°Õ∫°“√¥—ß°≈à“« ¡“®“°°‘®°√√¡∑’Ë ”§—≠Ê ¥—ßµàÕ‰ªπ’È

1. µâπ∑ÿπ¢“¬¢Õß‚√ß·√¡ Ÿß¢÷Èπ 466 ≈â“π∫“∑ À√◊Õ√âÕ¬≈– 50 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ‡π◊ËÕß¡“®“°°“√√«¡µâπ∑ÿπ¢“¬‡µÁ¡®”π«π¢Õß‚√ß·√¡‚ø√å ’ —Ëπ å °√ÿ߇∑æœ ·≈– ‚√ß·√¡ ‡®¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ „πß∫°“√‡ß‘π√«¡ ·≈– Õ¥§≈âÕß°—∫°“√ª√—∫‡æ‘Ë¡¢÷Èπ¢Õß√“¬‰¥âÕ¬à“ß¡’π—¬ ”§—≠

2. µâπ∑ÿπ¢Õß∏ÿ√°‘®Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡‡æ‘Ë¡¢÷Èπ 109 ≈â“π∫“∑ À√◊Õ√âÕ¬≈– 7 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ °“√‡æ‘Ë¡¢÷Èπ¢Õßµâπ∑ÿπ¢“¬¢Õß∏ÿ√°‘®Õ“À“√¡’°“√ª√—∫µ—«§àÕπ¢â“ߵ˔‡¡◊ËÕ‡∑’¬∫°—∫√“¬‰¥â∑’ˇæ‘Ë¡¢÷Èπ ‚¥¬¡’µâπ∑ÿπ¢“¬§‘¥‡ªìπ —¥ à«πµàÕ√“¬‰¥â®“°°“√¢“¬ ≈¥≈ß√âÕ¬≈– 1.2 · ¥ß„Àâ‡ÀÁπ«à“∫√‘…—∑¡’·π«∑“ß„π°“√∫√‘À“√µâπ∑ÿπÕ¬à“ß¡’ª√– ‘∑∏‘¿“æ ·¡â«à“„πªï∑’˺à“π¡“√“§“πÈ”¡—π‰¥â¡’°“√ª√—∫µ—« Ÿß¢÷Èπ°Áµ“¡

3. µâπ∑ÿπ¢Õß∏ÿ√°‘®∫—π‡∑‘ß §‘¥‡ªìπ —¥ à«πµàÕ√“¬‰¥â®“°°“√¢“¬ ≈¥≈ß∂÷ß√âÕ¬≈– 5 ‡π◊ËÕß®“°√“¬‰¥â¡’°“√¢¬“¬µ—«‡æ‘Ë¡¢÷ÈπÕ¬à“ß Ÿß ¢≥–∑’˵âπ∑ÿπ¡’°“√‡æ‘Ë¡¢÷Èπ‡æ’¬ß 2 ≈â“π∫“∑

4. µâπ∑ÿπ¢“¬¢Õß∏ÿ√°‘®»Ÿπ¬å°“√§â“‡æ‘Ë¡¢÷Èπ 17 ≈â“π∫“∑ À√◊Õ√âÕ¬≈– 21 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ ‡ªìπ°“√ª√—∫‡æ‘Ë¡¢÷Èπ ®“°µâπ∑ÿπ°“√‡¢â“ª√—∫ª√ÿßæ◊Èπ∑’Ë ÷Ëß “¡“√∂∑”„Àâ∫√‘…—∑¢¬“¬æ◊Èπ∑’Ë„Àâ‡™à“‡æ‘Ë¡¢÷Èπ„πªï 2548

5. µâπ∑ÿπ¢“¬¢Õß∏ÿ√°‘® ª“ ¡’°“√ª√—∫‡æ‘Ë¡¢÷ÈπÕ¬à“ß¡’π—¬ ”§—≠ ®”π«π 22 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 17 ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ °“√ª√—∫‡æ‘Ë¡¢÷Èπ‡ªìπº≈‡π◊ËÕß¡“®“°§à“„™â®à“¬µ—¥®à“¬¢Õß°“√„À⇪Àâ∫√‘°“√ ª“·Ààß„À¡à 5 ·Ààß„πª≈“¬ªï2548

3.2.2 §à“„™â®à“¬„π°“√¢“¬·≈–∫√‘À“√ª√—∫‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 24∫√‘…—∑œ ·≈–∫√‘…—∑¬àÕ¬¡’§à“„™â®à“¬„π°“√¢“¬·≈–∫√‘À“√„πªï 2548 ®”π«π 4,165 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ 809 ≈â“π∫“∑‡∑’¬∫°—∫ªï 2547 ‚¥¬°“√‡ª≈’ˬπ·ª≈ߥ—ß°≈à“«‡°‘¥®“° “‡Àµÿ¥—ßµàÕ‰ªπ’È

1. §à“„™â®à“¬°“√¢“¬·≈–∫√‘À“√¢Õß MFG „πªï 2548 ‡æ‘Ë¡¢÷Èπ 287 ≈â“π∫“∑‡π◊ËÕß®“°

1.1 °“√‡æ‘Ë¡¢÷Èπ¢Õß§à“„™â®à“¬¥â“π∫ÿ§≈“°√ ·≈–§à“„™â®à“¬„π°“√‡ªî¥ “¢“1.2 §à“„™â®à“¬„π¥â“π°“√µ≈“¥

2. §à“„™â®à“¬°“√¢“¬·≈–∫√‘À“√¢Õß‚√ß·√¡ ·≈–∏ÿ√°‘®∑’ˇ°’ˬ«¢âÕßÕ◊Ëπʪ√—∫‡æ‘Ë¡¢÷Èπ 522 ≈â“π∫“∑‚¥¬¡’√“¬≈–‡Õ’¬¥§◊Õ

2.1 °“√∫—π∑÷°§à“„™â®à“¬√«¡∑—ÈßÀ¡¥¢Õß‚√ß·√¡‚ø√å ’ —Ëπ å °√ÿ߇∑æ ·≈–°“√∫—π∑÷°§à“„™â®à“¬√âÕ¬≈– 50 ¢Õß‚√ß·√¡‡®¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ ®”π«π∑—Èß ‘Èπ 302 ≈â“π∫“∑

2.2 §à“„™â®à“¬°“√∫√‘À“√·≈–°“√µ≈“¥‡æ‘Ë¡¢÷Èπ 157 ≈â“π∫“∑ ‚¥¬ ◊∫‡π◊ËÕß®“°°“√‡æ‘Ë¡¢÷Èπ¢Õß√“¬‰¥â √«¡∂÷ß§à“„™â®à“¬„π°“√¢“¬·≈–∫√‘À“√¢Õß‚√ß·√¡ Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ ¡ÿ¬ ÷Ë߇ªî¥„Àâ∫√‘°“√„π‰µ√¡“ 4 ªï 2547

2.3 §à“„™â®à“¬„π°“√¢“¬·≈–∫√‘À“√¢Õß°“√¢Õß∏ÿ√°‘® ª“®”π«π 25 ≈â“π∫“∑ ‡æ◊ËÕ‡µ√’¬¡æ√âÕ¡„π°“√¢¬“¬ “¢“®”π«π¡“°„πªï 2549

2.4 §à“‡™à“∑’Ë¥‘π‡æ‘Ë¡¢÷Èπ 22 ≈â“π∫“∑2.5 §à“„™â®à“¬„π°“√‡ªî¥„Àâ∫√‘°“√¢Õß‚√ß·√¡ ‚ø√å ’ —Ëπ å ‡µâπ∑å·§â¡ªá ®”π«π 17 ≈â“π∫“∑

3 «‘‡§√“–Àåº≈°“√¥”‡π‘πß“π (µàÕ)

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3.2 µâπ∑ÿπ¢“¬·≈–§à“„™â®à“¬ (µàÕ)

3.2.3 §à“‡ ◊ËÕ¡√“§“·≈–§à“§«“¡π‘¬¡µ—¥®à“¬ Ÿß¢÷Èπ√âÕ¬≈– 25∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬∫—π∑÷°§à“‡ ◊ËÕ¡√“§“·≈–§à“§«“¡π‘¬¡„πªï 2548 ®”π«π 1,153 ≈â“π∫“∑‡æ‘Ë¡¢÷Èπ 234 ≈â“π∫“∑‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“ °“√ª√—∫µ—«‡æ‘Ë¡¢÷Èπ¥—ß°≈à“«‡ªìπº≈‡π◊ËÕß¡“®“°

1. §à“‡ ◊ËÕ¡√“§“·≈–§à“µ—¥®”Àπà“¬¢Õß∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ‡æ‘Ë¡¢÷Èπ®”π«π 9 ≈â“π∫“∑2. §à“‡ ◊ËÕ¡√“§“∑’ˇæ‘Ë¡¢÷Èπ®“° à«πª√—∫ª√ÿßÕ“§“√‡§√◊ËÕßµ°·µàß·≈–µ‘¥µ—Èß®“° à«π°‘®°“√‚√ß·√¡·≈–»Ÿπ¬å°“√§â“ ®”π«π 33 ≈â“π∫“∑3. °“√√«¡§à“‡ ◊ËÕ¡√“§“¢Õß ‚√ß·√¡ Õπ—πµ√“ ¡ÿ¬ ÷Ë߇ªî¥¥”‡π‘π°“√„π‰µ√¡“ 4 ªï 2547 ®”π«π 21 ≈â“π∫“∑4. °“√√«¡§à“‡ ◊ËÕ¡√“§“·≈–§à“§«“¡π‘¬¡¢Õß ‚√ß·√¡ ‚ø√å ’ —Ëπ å °√ÿ߇∑æœ ®”π«π 128 ≈â“π∫“∑5. §à“‡ ◊ËÕ¡√“§“¢Õß‚√ß·√¡‡®¥—∫∫≈‘« ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ‡æ‘Ë¡¢÷Èπ 54 ≈â“π∫“∑‡π◊ËÕß®“°°“√√«¡§à“‡ ◊ËÕ¡√“§“‡µÁ¡®”π«π (®“°

°“√‡æ‘Ë¡ —¥ à«π°“√∂◊ÕÀÿâπ‡ªìπ√âÕ¬≈– 100 µ—Èß·µàµÿ≈“§¡ 2547) „π¢≥–∑’˪ï 2547 ∫√‘…—∑· ¥ß§à“‡ ◊ËÕ¡√“§“„πß∫°“√‡ß‘π√«¡‡æ’¬ß√âÕ¬≈– 50 ‡∑à“π—Èπ

3.2.4 §à“„™â®à“¬¥Õ°‡∫’Ȭ ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 28„πªï 2548 §à“„™â®à“¬¥â“π¥Õ°‡∫’Ȭ¢Õß∫√‘…—∑œ ·≈–∫√‘…—∑¬àÕ¬Õ¬Ÿà∑’Ë 280 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ 61 ≈â“π∫“∑ ‡¡◊ËÕ‡∑’¬∫°—∫ªï∑’˺à“π¡“°“√ª√—∫µ—«∑’ˇæ‘Ë¡¢÷Èπ‡π◊ËÕß¡“®“°¡’°“√°Ÿâ‡ß‘π‡æ◊ËÕ°“√¢¬“¬ß“π‡æ‘Ë¡¢÷Èπ

°≈à“«‚¥¬ √ÿª ∫√‘…—∑œ ¡’√“¬‰¥â√«¡∑—Èß ‘Èπ „πªï 2548 ∑’Ë 10,443 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 27 ®“°ªï∑’Ë·≈â« ·≈–¡’µâπ∑ÿπ¢“¬·≈–§à“„™â®à“¬∫√‘°“√∑’˧àÕπ¢â“߇ªìπ‰ªµ“¡§«“¡§“¥À¡“¬ ‡¡◊ËÕ‡∑’¬∫°—∫√“¬‰¥â∑’ˇæ‘Ë¡¢÷Èπ „π à«π¢Õߺ≈°”‰√ ∫√‘…—∑¡’º≈°”‰√∑’Ë¡’°“√ª√—∫µ—«‡æ‘Ë¡¢÷ÈπÕ¬à“ß¡’π—¬ ”§—≠ ‚¥¬¡’°”‰√ ÿ∑∏‘®”π«π 1,061 ≈â“π∫“∑ §‘¥‡ªì𰔉√ ÿ∑∏‘µàÕÀÿâπ∑’Ë 0.41 ∫“∑ ‡æ‘Ë¡¢÷Èπ√âÕ¬≈– 49 ·≈– 41 µ“¡≈”¥—∫

4. °“√«‘‡§√“–Àåß∫¥ÿ≈ ≥ «—π∑’Ë 31 ∏—𫓧¡ 2548

4.1 ∑√—æ¬å ‘π∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬¡’ ‘π∑√—æ¬å√«¡ 15,445 ≈â“π∫“∑ ‡æ‘Ë¡¢÷Èπ®“° ≥ «—π∑’Ë 31 ∏—𫓧¡ 2547 ®”π«π 1,365 ≈â“π∫“∑ À√◊Õ‡æ‘Ë¡¢÷Èπ„πÕ—µ√“√âÕ¬≈– 10 ‚¥¬ “‡ÀµÿÀ≈—°¥—ßπ’È

4.1.1 ‡ß‘π ¥·≈–‡ß‘π≈ß∑ÿπ√–¬– —Èπ≈¥≈ß 285 ≈â“π∫“∑®“°°“√®à“¬‡ß‘πªíπº≈4.1.2 ≈Ÿ°Àπ’È°“√§â“‡æ‘Ë¡¢÷Èπ 64 ≈â“π∫“∑ ·≈– ‘π§â“§ß‡À≈◊Õ®”π«π 83 ≈â“π∫“∑®“°°“√‡æ‘Ë¡¢÷Èπ¢Õß√“¬‰¥â4.1.3 ∑’Ë¥‘π Õ“§“√ ·≈–Õÿª°√≥å ÿ∑∏‘ ‡æ‘Ë¡¢÷Èπ 95 ≈â“π∫“∑‡π◊ËÕß®“°°“√ª√—∫ª√ÿß‚√ß·√¡·≈–»Ÿπ¬å°“√§â“ ®”π«π 476 ≈â“π∫“∑ ·≈–

®“°°“√ª√—∫ª√ÿß√â“π·≈–¢¬“¬√â“π¢Õß°≈ÿà¡ MFG ®”π«π 746 ≈â“π∫“∑ ‚¥¬¡’°“√≈¥≈ß®“°°“√µ—¥§à“‡ ◊ËÕ¡√“§“ ·≈–µ—¥®”Àπà“¬∑√—æ¬å ‘π®”π«π 1,127 ≈â“π∫“∑

4.1.4 ‘π∑√—æ¬å‰¡à¡’µ—«µπ (Intangible Asset) ÿ∑∏‘‡æ‘Ë¡¢÷Èπ 139 ≈â“π∫“∑ ÷Ë߇°‘¥®“°§à“§«“¡π‘¬¡®“°°“√ ◊ÈՇߑπ≈ß∑ÿπ„π∫√‘…—∑‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π) ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ·≈–∏ÿ√°‘®Õ“À“√„πª√–‡∑»®’π

4.1.5 ∑’Ë¥‘π·≈–‚§√ß°“√√–À«à“ß°“√æ—≤π“‡æ‘Ë¡¢÷Èπ 688 ≈â“π∫“∑®“°≈ß∑ÿπ‡æ‘Ë¡„π‚§√ß°“√‡µâπ∑å·§â¡ªá ·≈– ¡ÿ¬‚ø√å ’ —Ëπ å ·≈–„π∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ·≈–‚§√ß°“√‚√ß·√¡„À¡à„π®—ßÀ«—¥¿Ÿ‡°Áµ

3. «‘‡§√“–Àåº≈°“√¥”‡π‘πß“π (µàÕ)

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4.2 Àπ’È ‘π≥ «—π∑’Ë 31 ∏—𫓧¡ 2548 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬¡’Àπ’È ‘π√«¡ 9,507 ≈â“π∫“∑‡æ‘Ë¡¢÷Èπ®“° ≥ «—π∑’Ë 31 ∏—𫓧¡ 2547 ®”π«π1,082 ≈â“π∫“∑ À√◊Õ‡æ‘Ë¡¢÷ÈπÕ—µ√“√âÕ¬≈– 13 ‚¥¬¡’ “√– ”§—≠¥—ßπ’È

4.2.1 ‡æ‘Ë¡¢÷Èπ ÿ∑∏‘ 813 ≈â“π∫“∑®“°°“√ÕÕ°Àÿâπ°Ÿâ®”π«π 1,100 ≈â“π∫“∑ ·≈–°“√®à“¬™”√–§◊πÀπ’È ‘π√–¬– —Èπ ·≈–√–¬–¬“« ÿ∑∏‘ 287 ≈â“π∫“∑

4.2.2 ‡®â“Àπ’È°“√§â“ ‡æ‘Ë¡¢÷Èπ®”π«π 117 ≈â“π∫“∑

4.3 à«π¢ÕߺŸâ∂◊ÕÀÿâπ à«π¢ÕߺŸâ∂◊ÕÀÿâπ ≥ «—π∑’Ë 31 ∏—𫓧¡ 2548 ‡æ‘Ë¡¢÷Èπ®“° ≥ «—π∑’Ë 31 ∏—𫓧¡ 2547 ®”π«π 283 ≈â“π∫“∑ À√◊ÕÕ—µ√“√âÕ¬≈–5 ‡π◊ËÕß¡“®“°

4.3.1 °”‰√ ÿ∑∏‘®“°º≈°“√¥”‡π‘πß“π °àÕπ·∫àß„À⺟â∂◊ÕÀÿâπ à«ππâÕ¬®”π«π 1,123 ≈â“π∫“∑4.3.2 °“√‡æ‘Ë¡¢÷Èπ¢Õß∑ÿπ∑’Ë™”√–·≈â«®”π«π 286 ≈â“π∫“∑ ®“°°“√ÕÕ°Àÿâπ “¡—≠®”π«π 242.5 ≈â“πÀÿâπ (®”π«π‡ß‘π 243

≈â“π∫“∑) ‡æ◊ËÕ‡ªìπ°“√®à“¬Àÿâπªíπº≈„Àⷰຟâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑ ·≈–®“°°“√ÕÕ°Àÿâπ “¡—≠®”π«π 14.4 ≈â“πÀÿâπ(®”π«π‡ß‘π 23 ≈â“π∫“∑) ·°àºŸâ„™â ‘∑∏‘ ◊ÈÕÀÿâπ “¡—≠®“°„∫ ”§—≠· ¥ß ‘∑∏‘®”π«π 1.16 ≈â“πÀπ૬

4.3.3 °“√≈¥≈ߢÕß à«π¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬®”π«π 678 ≈â“π∫“∑ ‡π◊ËÕß®“°°“√≈ß∑ÿπ‡æ‘Ë¡„π∫√‘…—∑‚√ß·√¡√“™¥”√‘ ®”°—¥(¡À“™π)

4.3.4 °“√‡æ‘Ë¡¢÷Èπ¢Õß à«π¢ÕߺŸâ∂◊ÕÀÿâπ à«ππâÕ¬®”π«π 8 ≈â“π∫“∑‡π◊ËÕß®“°°“√ÕÕ°Àÿâπ “¡—≠‡æ‘Ë¡¢Õß∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√åøŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π)

4.3.5 °“√‡æ‘Ë¡¢÷Èπ¢Õß°”‰√ – ¡®”π«π 450 ≈â“π∫“∑¡“®“°°“√®à“¬‡ß‘πªíπº≈ ·≈–Àÿâπªíπº≈„Àⷰຟâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬®”π«π 509 ≈â“π∫“∑ ®“°°“√ ”√Õßµ“¡°ÆÀ¡“¬®”π«π 89 ≈â“π∫“∑ ·≈–¡’°“√ª√—∫ª√ÿ߇π◊ËÕß®“°°“√‡ª≈’ˬπ·ª≈߇ߑπ≈ß∑ÿπ®”π«π 13 ≈â“π∫“∑ ¢≥–∑’Ë¡’°“√‡æ‘Ë¡¢÷Èπ®“°°”‰√ ÿ∑∏‘¢Õߺ≈ª√–°Õ∫°“√„πªï 2548 ®”π«π1,061 ≈â“π∫“∑

5 ß∫°√–· ‡ß‘𠥄π ªï 2548 ∫√‘…—∑œ ·≈–∫√‘…—∑¬àÕ¬‰¥â∫—π∑÷°°“√‡ª≈’ˬπ·ª≈ß°√–· ‡ß‘π ¥¥—ßµàÕ‰ªπ’È

5.1 ¡’°√–· ‡ß‘π ¥®“°°“√¥”‡π‘πß“π ÿ∑∏‘®”π«π 2,290 ≈â“π∫“∑÷Ëßπ—∫«à“¡’°“√‡ª≈’ˬπ·ª≈ßÕ¬à“ß¡’π—¬ ”§—≠‡¡◊ËÕ‡∑’¬∫°—∫®”π«π 1,797 ≈â“π∫“∑„πªï 2547 °“√‡æ‘Ë¡¢÷Èπ¥—ß°≈à“«‡π◊ËÕß¡“®“°

1. °”‰√ ÿ∑∏‘‡æ‘Ë¡¢÷Èπ®”π«π 1,061 ≈â“π∫“∑2. §à“‡ ◊ËÕ¡√“§“·≈–§à“µ—¥®”Àπà“¬ ®”π«π 1,153 ≈â“π∫“∑ ·≈–®“°°“√ª√—∫ª√ÿß√“¬°“√∑’Ë¡‘„™à‡ß‘π ¥Õ◊ËπÊ ®”π«π 37 ≈â“π

∫“∑3. ®“°°“√‡æ‘Ë¡¢÷Èπ¢Õß≈Ÿ°Àπ’È°“√§â“ 61 ≈â“π∫“∑4. ®“°°“√‡æ‘Ë¡¢÷Èπ¢Õß ‘π§â“§ß‡À≈◊Õ®”π«π 61 ≈â“π∫“∑ ·≈–°“√‡æ‘Ë¡¢÷Èπ¢Õß§à“„™â®à“¬§â“ß®à“¬®”π«π 116 ≈â“π∫“∑5. ®“°°“√‡æ‘Ë¡¢÷Èπ¢Õß∑√—æ¬å ‘πÀ¡ÿπ‡«’¬πÕ◊ËπÊ 54 ≈â“π∫“∑ ®“°§à“„™â®à“¬®à“¬≈à«ßÀπâ“ ¿“…’À—° ≥ ∑’Ë®à“¬ ·≈–≈Ÿ°Àπ’ÈÕ◊ËπÊ6. ®“°°“√‡æ‘Ë¡¢÷Èπ¢Õ߇®â“Àπ’È°“√§â“ ®”π«π 101 ≈â“π∫“∑‡π◊ËÕß®“°°“√‡æ‘Ë¡¢÷Èπ¢Õß°“√¢“¬

4. °“√«‘‡§√“–Àåß∫¥ÿ≈ ≥ «—π∑’Ë 31 ∏—𫓧¡ 2548 (µàÕ)

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5.2 °√–· ‡ß‘𠥄™â‰ª„π°‘®°√√¡≈ß∑ÿπ ®”π«π 2,967 ≈â“π∫“∑ ‚¥¬¡’√“¬°“√∑’Ë ”§—≠Ê ¥—ßπ’È1. ‡ß‘𠥄™â‰ª„π°“√¢¬“¬ß“π‡æ◊ËÕª√—∫ª√ÿß‚√ß·√¡ ◊ÈÕ∑’Ë¥‘π Õ“§“√ ‚§√ß°“√√–À«à“ß°“√æ—≤π“·≈– ‘π∑√—æ¬åÕ◊Ëπ 688 ≈â“π

∫“∑ (®“°‚§√ß°“√‚ø√å ’ —Ëπ å ¡ÿ¬ ‚§√ß°“√‚ø√å ’ —Ëπ å ‡µÁπ∑巧⡪á ∑’Ë®—ßÀ«—¥‡™’¬ß√“¬ ‚§√ß°“√„À¡à∑’Ë®—ßÀ«—¥¿Ÿ‡°Áµ) ·≈–§à“∫”√ÿß·≈–´àÕ¡·´¡µ“¡ª°µ‘¢Õß‚√ß·√¡Õ◊ËπÊ ®”π«π 534 ≈â“π∫“∑ ·≈–®“°°“√ª√—∫ª√ÿß·≈–¢¬“¬√â“π¢Õß∏ÿ√°‘®°≈ÿà¡Õ“À“√®”π«π 551 ≈â“π∫“∑

2 ‡ß‘π ¥®à“¬‡æ◊ËÕ ◊ÈՇߑπ≈ß∑ÿπ‡æ‘Ë¡„π ∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π) ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π)·≈– ∫√‘…—∑ ¬Ÿ‚∑‡ªï¬ ‰æ√‡«∑ ‚Œ≈¥‘Èß ®”°—¥ (‚√ß·√¡„π¡—≈¥’ø å) ®”π«π 804 ≈â“π∫“∑

3. ‡ß‘π°Ÿâ¬◊¡„Àâ°—∫‚§√ß°“√‰∑¡å·™√å ‡ø 2 ·≈–‚√ß·√¡„π¡—≈¥’ø å ®”π«π 175 ≈â“π∫“∑4. ‡ß‘𠥇æ◊ËÕ°“√≈ß∑ÿπ„π∏ÿ√°‘®Õ“À“√„πª√–‡∑»®’π ®”π«π 103 ≈â“π∫“∑5. ‘π∑√—æ¬å‰¡àÀ¡ÿπ‡«’¬πÕ◊ËπÊ ÷Ëß à«π„À≠à‡ªìπ°“√≈ß∑ÿπ„π∏ÿ√°‘®‰∑¡å·™√å ®”π«π 110 ≈â“π∫“∑

5.3 °√–· ‡ß‘𠥉¥â¡“®“°°‘®°√√¡®—¥À“‡ß‘π®”π«π 385 ≈â“π∫“∑≈¥≈ß®“°ªï 2547®”π«π 497 ≈â“π∫“∑ ¡’√“¬°“√∑’Ë ”§—≠Ê¥—ßπ’È1. ‡ß‘π ¥√—∫®“°°“√ÕÕ°Àÿâπ “¡—≠¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬√«¡®”π«π 25 ≈â“π∫“∑2. ‡ß‘π ¥√—∫ ÿ∑∏‘®“°‡ß‘π°Ÿâ√–¬– —Èπ·≈–‡ß‘π°Ÿâ√–¬–¬“« ·≈–°“√ÕÕ°Àÿâπ°Ÿâ ®”π«π 695 ≈â“π∫“∑3. ®à“¬‡ß‘πªíπº≈®”π«π 307 ≈â“π∫“∑

5.4 „πªï 2548 °√–· ‡ß‘π ¥≈¥≈ß ÿ∑∏‘ 293 ≈â“π∫“∑„π¢≥–∑’Ë°√–· ‡ß‘π ¥ ÿ∑∏‘„πªï 2548 ¡’®”π«π 314 ≈â“π∫“∑

µ“√“ß √ÿªÕ—µ√“ à«π∑“ß°“√‡ß‘𧫓¡ “¡“√∂„π°“√∑”°”‰√ 31 ∏.§. 2548 31 ∏.§. 2547 Õ—µ√“°”‰√¢—Èπµâπ (%) 66.14% 65.08% Õ—µ√“°”‰√ ÿ∑∏‘ (%) 10.16% 8.64% Õ—µ√“º≈µÕ∫·∑πºŸâ∂◊ÕÀÿâπ (%) 18.30% 14.36%

§«“¡ “¡“√∂„π°“√¥”√ß ¿“æ§≈àÕß ‘π∑√—æ¬åÀ¡ÿπ‡«’¬π/Àπ’È ‘πÀ¡ÿπ‡«’¬π (‡∑à“) 0.51 0.70 √–¬–‡«≈“‡°Á∫Àπ’ȇ©≈’ˬ («—π) 17 16

§«“¡¡’ª√– ‘∑∏‘º≈¢Õß°“√„™â ‘π∑√—æ¬å Õ—µ√“º≈µÕ∫·∑π®“° ‘π∑√—æ¬å (%) 7.19% 5.69%

π‚¬∫“¬∑“ß°“√‡ß‘πÕ—µ√“ à«π§«“¡ “¡“√∂„π°“√™”√–¥Õ°‡∫’Ȭ (‡∑à“) 9.87 9.91Õ—µ√“ à«πÀπ’È ‘π√«¡ / à«π¢ÕߺŸâ∂◊ÕÀÿâπ (‡∑à“) 1.60 1.49Õ—µ√“ à«πÀπ’È ‘π∑’Ë¡’¿“√–¥Õ°‡∫’Ȭ ÿ∑∏‘/ à«π¢ÕߺŸâ∂◊ÕÀÿâπ (‡∑à“) 1.21 1.13

5. ß∫°√–· ‡ß‘π ¥ (µàÕ)

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214 √“¬ß“πª√–®”ªï 2548

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§”Õ∏‘∫“¬·≈–«‘‡§√“–Àå¢ÕßΩÉ“¬®—¥°“√

°“√«‘‡§√“–ÀåÕ—µ√“ à«π∑“ß°“√‡ß‘π

º≈°“√¥”‡π‘πß“π¢Õß∫√‘…—∑œ „πªï 2548 §àÕπ¢â“ß·¢Áß·°√àß·≈–¡’°“√‡µ‘∫‚µÕ¬à“ß¡’π—¬ ”§—≠ ∂÷ß·¡â«à“®–‡º™‘≠°—∫§«“¡°¥¥—π¢Õß°“√ª√—∫µ—«≈¥≈ߢÕߧ«“¡¡—Ëπ„®¢ÕߺŸâ∫√‘‚¿§ ®“°º≈¢Õß°“√≈Õ¬µ—«πÈ”¡—π¥’‡´≈„πª√–‡∑» ·≈–°“√∑àÕ߇∑’ˬ«„π®—ßÀ«—¥¿“§„µâ∑’ˉ¥â√—∫º≈°√–∑∫®“°‡Àµÿ°“√≥å ÷π“¡‘ ÷Ëß°“√∑’Ë∫√‘…—∑ “¡“√∂¡’º≈ª√–°Õ∫°“√∑’Ë‚¥¥‡¥à𠇪ìπº≈‡π◊ËÕß¡“®“°°“√°√–®“¬§«“¡‡ ’ˬߢÕß∑’Ë¡“¢Õß√“¬‰¥â·≈– ∂“π∑’˵—ÈߢÕß∏ÿ√°‘®‚√ß·√¡∑’˧√Õ∫§≈ÿ¡∑—Ë«ª√–‡∑» ·≈–°√–· ‡ß‘π ¥∑’Ë·¢Áß·°√àß®“°∏ÿ√°‘®Õ“À“√ ®÷ß∑”„Àâ∫√‘…—∑œ “¡“√∂ª√–°“»º≈°”‰√ Ÿß∂÷ß 1,061 ≈â“π∫“∑ ‡∑’¬∫°—∫„πªï 2547 ∑’Ë 712 ≈â“π∫“∑

°“√‡µ‘∫‚µ·≈–°“√‡ª≈’ˬπ·ª≈ß∑’Ë ”§—≠„πªï 2548 √«¡∂÷ß°“√‡√‘Ë¡∫—π∑÷°√“¬‰¥â¢Õß‚√ß·√¡Õπ—πµ√“ √’ Õ√å∑ ·Õπ¥å ª“ ¡ÿ¬ √«¡∂÷ß°“√∫—π∑÷°∫—≠™’√«¡¢Õß∫¡®. ‚√ß·√¡√“™¥”√‘ ‡µÁ¡ªï‡ªìπªï·√° πÕ°®“°π’È°“√¢¬“¬µ—«¢Õß∏ÿ√°‘®Õ“À“√ ‡√‘Ë¡§√Õ∫§≈ÿ¡ª√–‡∑»®’π ÷Ë߇ªìπª√–‡∑»∑’Ë¡’»—°¬¿“æ„π°“√¢¬“¬µ—«§àÕπ¢â“ß ”§—≠ ¿“¬„µâ·∫√π¥å ‡¥Õ– æ‘ à“ ·≈– ‘ å‡≈àÕ√å „π à«π¢Õߺ≈ª√–°Õ∫°“√ „πªï 2548 ∫√‘…—∑œ “¡“√∂· ¥ß°“√ª√—∫µ—« Ÿß¢÷Èπ¢ÕßÕ—µ√“°“√∑”°”‰√‰¥âÕ¬à“ß¡’π—¬ ”§—≠ ‚¥¬Õ—µ√“°”‰√¢—ÈπµâπÕ¬Ÿà∑’Ë√âÕ¬≈–66 ‡∑’¬∫°—∫√âÕ¬≈– 65 ‡¡◊ËÕªï 2547 „π à«π¢ÕßÕ—µ√“°”‰√ ÿ∑∏‘ª√—∫‡æ‘Ë¡¢÷Èπ‡ªìπ√âÕ¬≈– 10.2 ®“°√âÕ¬≈– 8.6 ·≈–Õ—µ√“º≈µÕ∫·∑πµàÕ à«π¢ÕߺŸâ∂◊ÕÀÿâπ‡æ‘Ë¡¢÷Èπ‡ªìπ√âÕ¬≈– 18.3 ®“°√âÕ¬≈– 14.3 πÕ°®“°π’È°“√∑’Ë∫√‘…—∑ “¡“√∂¥”‡π‘π°‘®°“√‚√ß·√¡‰¥âÕ¬à“ß¡’ª√– ‘∑∏‘¿“æ ¿“¬À≈—ß®“°°“√‡ªî¥„Àâ∫√‘°“√∑”„ÀâÕ—µ√“º≈µÕ∫·∑πµàÕ ‘π∑√—æ¬å Ÿß¢÷Èπ∂÷ß√âÕ¬≈– 7.2 ®“°„πªï 2547 ∑’ËÕ—µ√“√âÕ¬≈–5.7

„π à«π¢ÕßÕ—µ√“ à«π ¿“æ§≈àÕß ∫√‘…—∑œ ‰¡à “¡“√∂À≈’°‡≈’ˬ߰“√ª√—∫≈¥¢ÕßÕ—µ√“ à«π ¿“æ§≈àÕ߉¥â‡π◊ËÕß®“°°“√¢¬“¬°“√≈ß∑ÿπÕ¬à“ßµàÕ‡π◊ËÕߢÕß∏ÿ√°‘®‚√ß·√¡·≈–Õ“À“√ „πªï 2548 Õ—µ√“ à«π ¿“æ§≈àÕߢÕß∫√‘…—∑œ ª√—∫≈¥®“° 0.7 ‡∑à“ ‡ªìπ 0.5 ‡∑à“ „π¢≥–∑’Ë√–¬–‡«≈“®—¥‡°Á∫Àπ’ȇæ‘Ë¡¢÷Èπ®“° 16 «—π‡ªìπ 17 «—π Õ¬à“߉√°Áµ“¡‡√“‡™◊ËÕ«à“Õ—µ√“ à«π¥—ß°≈à“«®–ª√—∫µ—«¥’¢÷Èπ„πªïπ’È ‚¥¬®–‡ÀÁπ‰¥â®“°Õ—µ√“ à«π§«“¡ “¡“√∂„π°“√™”√–Àπ’È (DSSR) Ÿß∂÷ß 9.9 ‡∑à“

„π à«π¢ÕßÕ—µ√“Àπ’È ‘π∑’Ë¡’¿“√–¥Õ°‡∫’Ȭ‡∑’¬∫°—∫ à«π¢ÕߺŸâ∂◊ÕÀÿâπ (D/E) Õ—µ√“¥—ß°≈à“«°Á¡’°“√ª√—∫‡æ‘Ë¡¢÷Èπ®“° 1.13 ‡∑à“ ‡ªìπ 1.21‡∑à“ ≥ ‘Èπªï 2548 ‚¥¬¿“√–Àπ’È ‘π∑’ˇæ‘Ë¡¢÷Èπ®“°°“√≈ß∑ÿπ„π∏ÿ√°‘®‚√ß·√¡ Õ“À“√ ·≈– ª“ ®– “¡“√∂°àÕ„À⇰‘¥√“¬‰¥â·≈–º≈°“√¥”‡π‘πß“π∑’Ë¥’¢÷Èπ„πÕ𓧵 πÕ°®“°π’ȇ√“‡™◊ËÕ«à“Õ—µ√“ à«πÀπ’È ‘πµàÕ∑ÿππ’È®–ª√—∫≈¥≈ß¡“µË”°«à“ 1.1 ‡∑à“„π‰µ√¡“ ·√°¢Õߪï 2549À≈—ß®“°∑’Ë∫√‘…—∑œ ∑”°“√ÕÕ°Àÿâπ‡æ‘Ë¡∑ÿπ ‚¥¬„Àâ —¥ à«π°—∫ºŸâ∂◊ÕÀÿâπ‡¥‘¡®”π«π 1,000 ≈â“π∫“∑ ‡¡◊ËÕ‡¥◊Õπ¡°√“§¡∑’˺à“π¡“

∂“π°“√≥å°“√∑àÕ߇∑’ˬ«„πª√–‡∑» ®”π«ππ—°∑àÕ߇∑’ˬ«µà“ß™“µ‘„πªï 2549 §“¥«à“®–Õ¬Ÿà∑’˪√–¡“≥ 13-14 ≈â“π§π ÷Ëß à«πÀπ÷Ëßπà“®–‡ªìπº≈¡“®“°°“√‡ªî¥ π“¡∫‘π·Ààß™“µ‘·Ààß„À¡à „π à«π¢Õß°“√∫√‘‚¿§¿“¬„πª√–‡∑» πà“®–¡’°“√ª√—∫µ—«¥’¢÷Èπ‡π◊ËÕß®“°√“§“πÈ”¡—π´÷Ë߇ªì𠓇ÀµÿÀ≈—°µàÕ§«“¡¡—Ëπ„®ºŸâ∫√‘‚¿§„πªï 2548 πà“®–§àÕπ¢â“ß¡’‡ ∂’¬√¿“æ¡“°¢÷Èπ„πªïπ’È ‡æ◊ËÕ‰¡à‡ªìπ°“√ª√–¡“∑∫√‘…—∑œ ‰¥â‡µ√’¬¡°“√√Õß√—∫ ∂“π°“√≥å∑’ËÕ“®‰¡à§“¥§‘¥‚¥¬‰¥âª√—∫°≈¬ÿ∑∏å°“√¢¬“¬µ—«¢Õß∏ÿ√°‘®„π√Ÿª·∫∫∑’ˇ√’¬°«à“ Asset Light÷Ë߉¡à‡πâπ°“√≈ß∑ÿπ¢π“¥„À≠à ∑’Ë„™â‡ß‘π≈ß∑ÿπ®”π«π¡“° °“√¢¬“¬µ—«¥—ß°≈à“« “¡“√∂∑”‰¥â‡π◊ËÕß®“°∫√‘…—∑œ ‰¥â«“ß√“°∞“π·≈–

°“√¡’·∫√π¥å¢Õß‚√ß·√¡·≈–√â“πÕ“À“√‡æ◊ËÕ‡ªìπ°√Õ∫„π°“√¢¬“¬ ´÷Ëß°“√¢¬“¬°“√„Àâ∫√‘°“√∏ÿ√°‘®‚√ß·√¡®–‡ªìπ√Ÿª·∫∫¢Õß —≠≠“°“√®—¥°“√ À√◊Õ Hotel Management Contract ·≈–°“√¢¬“¬µ—«¢Õß°≈ÿà¡Õ“À“√®–‡ªìπ„π à«π¢Õß°“√„Àâ ‘∑∏‘Ï·ø√π‰™ å¡“°¢÷Èπ

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215√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

√“¬°“√√–À«à“ß°—π

∫ÿ§§≈∑’ËÕ“®¡’§«“¡¢—¥·¬âß/ª√–‡¿∑∏ÿ√°‘®: ∫√‘…—∑ ‰¡‡πÕ√å ‚Œ≈¥‘Èß (‰∑¬) ®”°—¥ (MHT)/∏ÿ√°‘®°“√≈ß∑ÿπ

≈—°…≥–§«“¡ —¡æ—π∏å: 1. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ ‡ªìπ°√√¡°“√ ∑—Èß„π MINT, MFG·≈– MHT2. MHT ‡ªìπºŸâ∂◊ÕÀÿâπ√“¬„À≠à¢Õß MINT

≈—°…≥–/¢π“¥¢Õß√“¬°“√: 1. MINT ·≈– MFG (∫√‘…—∑¬àÕ¬¢Õß MINT) ®à“¬§à“®—¥°“√„Àâ·°à MHT ®”π«π11.4 ≈â“π∫“∑ (‡ªìπ§à“∑’˪√÷°…“∑“ߥâ“π°“√æ—≤π“∏ÿ√°‘® °“√‡ß‘π °“√≈ß∑ÿπ·≈–µ≈“¥∑ÿπ)

2. MINT ·≈–∫√‘…—∑¬àÕ¬ ®à“¬§à“„™â∫√‘°“√°“√µ√«® Õ∫¿“¬„π„Àâ·°à MHT®”π«π 1.9 ≈â“π∫“∑

Õ—µ√“Õâ“ßÕ‘ß: Õ—µ√“§à“°“√®—¥°“√ 950,000 ∫“∑µàÕ‡¥◊Õ𧫓¡®”‡ªìπ·≈–§«“¡ ¡‡Àµÿ ¡º≈: §≥–°√√¡°“√µ√«® Õ∫‰¥âæ‘®“√≥“·≈â«¡’§«“¡‡ÀÁπ«à“√“¬°“√∑’ˇ°‘¥¢÷Èπ¡’§«“¡

¡‡Àµÿ ¡º≈‡ªìπ‰ªµ“¡∑’Ë√–∫ÿ„π —≠≠“ ‰¡à°àÕ„À⇰‘¥§«“¡‡ ’¬À“¬·°à∫√‘…—∑·≈–‡ªìπ‰ª‡æ◊ËÕª√–‚¬™πå Ÿß ÿ¥¢Õß∫√‘…—∑ ·≈– MINT ª√–‡¡‘π·≈â««à“®–‰¥â√—∫º≈µÕ∫·∑π∑’˧ÿâ¡§à“ ‡π◊ËÕß®“° MHT ¡’§«“¡™”π“≠„π¥â“π°“√≈ß∑ÿπ´÷Ë߇ªìπ∏ÿ√°‘®À≈—° ‚¥¬„À⧔ª√÷°…“∑“ߥâ“π°“√æ—≤π“∏ÿ√°‘® °“√‡ß‘π °“√≈ß∑ÿπ·≈–µ≈“¥∑ÿπÕ¬à“ß¡’ª√– ‘∑∏‘¿“æ Õ—µ√“§à“∫√‘°“√¢Õß√“¬°“√π’È¡’Õ—µ√“„°≈⇧’¬ß°—∫°“√„™â∫√‘°“√¢Õß∑’˪√÷°…“Õ‘ √–

∫ÿ§§≈∑’ËÕ“®¡’§«“¡¢—¥·¬âß/ª√–‡¿∑∏ÿ√°‘®: ∫¡®. ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ (MINOR)/∏ÿ√°‘®®”Àπà“¬ ‘π§â“

≈—°…≥–§«“¡ —¡æ—π∏å: 1. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ π“¬æÕ≈ ™“≈’ å ‡§ππ’Ë π“¬Õ“π‘≈ ∏“¥“π’𓬇§π‡π∏ ≈’ ‰«∑å ·≈–π“ߪ√“√∂π“ ¡‚π¡—¬æ‘∫Ÿ≈¬å ‡ªìπ°√√¡°“√ ∑—Èß„πMINT ∫√‘…—∑¬àÕ¬ ∫√‘…—∑√à«¡ ·≈–MINOR

2. MINOR ‡ªìπºŸâ∂◊ÕÀÿâπ√“¬„À≠à¢Õß MINT

≈—°…≥–/¢π“¥¢Õß√“¬°“√: 1. RGHM, BBR, SRS, SMV, MFG ´÷Ë߇ªìπ∫√‘…—∑¬àÕ¬¢Õß MINT ®à“¬§à“®—¥°“√

§Õ¡æ‘«‡µÕ√å„Àâ·°à MINOR 17.5 ≈â“π∫“∑

2. MINT ·≈–∫√‘…—∑¬àÕ¬ ®à“¬§à“∫√‘À“√ ·≈–°“√®—¥°“√„Àâ·°à MINOR 9.3 ≈â“π

∫“∑

3. MINT ·≈–∫√‘…—∑¬àÕ¬®à“¬§à“‡™à“‡§√◊ËÕß∫‘π (Charter Flight) ·°à∫√‘…—∑¬àÕ¬¢Õß

MINOR ®”π«π 2.9 ≈â“π∫“∑

4. MINT ·≈–∫√‘…—∑¬àÕ¬®à“¬§à“‡™à“æ◊Èπ∑’Ë ´÷Ë߇ªìπ∑’˵—Èß ”π—°ß“π·≈–æ◊Èπ∑’Ë∑’ˇ°Á∫

Õÿª°√≥å·≈–‡§√◊ËÕß„™â„π√â“πÕ“À“√·°à MINOR ®”π«π 1.8 ≈â“π∫“∑

5. MSpa ÷Ë߇ªìπ∫√‘…—∑¬àÕ¬¢Õß MINT ‰¥â ◊ÈÕ ‘π§â“ Elemis ®“° MINOR ®”π«π

9.9 ≈â“π∫“∑

6. MINT ·≈– MFG ´÷Ë߇ªìπ∫√‘…—∑¬àÕ¬¢Õß MINT ‰¥â√—∫§à“∫√‘À“√·≈–°“√®—¥°“√

®“° MINOR 9.1 ≈â“π∫“∑

7. MFG ÷Ë߇ªìπ∫√‘…—∑¬àÕ¬¢Õß MINT ‰¥â√—∫§à“‡™à“æ◊Èπ∑’Ë ÷Ë߇ªìπ∑’˵—Èß ”π—°ß“π®“°

MINOR ®”π«π 7.6 ≈â“π∫“∑

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

√“¬°“√√–À«à“ß°—π

8. RGP ´÷Ë߇ªìπ∫√‘…—∑¬àÕ¬¢Õß MINT ‰¥â√—∫§à“‡™à“®“°°“√„™âæ◊Èπ∑’Ë„π»Ÿπ¬å°“√§â“

√Õ¬—≈ °“√凥âπ∑åæ—∑¬“ ®“° MINOR ·≈–∫√‘…—∑¬àÕ¬®”π«π 13.7 ≈â“π∫“∑

§«“¡®”‡ªìπ·≈–§«“¡ ¡‡Àµÿ ¡º≈: §≥–°√√¡°“√µ√«® Õ∫‰¥âæ‘®“√≥“·≈â«¡’§«“¡‡ÀÁπ«à“√“¬°“√∑’ˇ°‘¥¢÷Èπ¡’§«“¡

¡‡Àµÿ ¡º≈ ‡ªìπ‰ªµ“¡∑’Ë√–∫ÿ„π —≠≠“ Õ—µ√“§à“∫√‘°“√∑’˧‘¥‡ªìπÕ—µ√“§à“∫√‘°“√

‡™àπ‡¥’¬«°—∫∑’Ë MINOR §‘¥°—∫≈Ÿ°§â“∑—Ë«‰ª´÷Ë߇ªìπ°“√§‘¥®“°µâπ∑ÿπ∑’ˇ°‘¥¢÷Èπ®√‘ß ·≈–

·∫àß§à“„™â®à“¬µ“¡°“√„™â®√‘ß ‚¥¬√“§“§à“∫√‘°“√¥—ß°≈à“«µË”°«à“·≈–¡’ ª√– ‘∑∏‘¿“æ

¡“°°«à“°“√∑’Ë MINT ®–µâÕß®—¥°“√√–∫∫§Õ¡æ‘«‡µÕ√å¥â«¬µπ‡Õß ¥—ßπ—Èπ√“¬°“√π’È®÷ß

‰¡à°àÕ„À⇰‘¥§«“¡‡ ’¬À“¬·°à∫√‘…—∑·≈–‡ªìπ‰ª‡æ◊ËÕª√–‚¬™πå Ÿß ÿ¥¢Õß∫√‘…—∑

∫ÿ§§≈∑’ËÕ“®¡’§«“¡¢—¥·¬âß/ª√–‡¿∑∏ÿ√°‘®: ∫√‘…—∑ ¬Ÿ‚∑‡ªï¬ ‰æ√‡«∑ ‚Œ≈¥‘Èß ®”°—¥ (Eutopia) /∏ÿ√°‘®‚√ß·√¡

≈—°…≥–§«“¡ —¡æ—π∏å: 1. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ ·≈–π“ߪ√“√∂π“ ¡‚π¡—¬æ‘∫Ÿ≈¬å ‡ªìπ°√√¡°“√

∑—Èß„π MINT ·≈– Eutopia

2. MINT ∂◊ÕÀÿâπ 100 % „π RGI ´÷Ëß∂◊ÕÀÿâπ„π Eutopia 50%

≈—°…≥–/¢π“¥¢Õß√“¬°“√: 1. RGI ¡’¬Õ¥„Àâ°Ÿâ¬◊¡·°à Eutopia ®”π«π 205.4 ≈â“π∫“∑

2. RGI √—∫√“¬‰¥â¥Õ°‡∫’Ȭ®“° Eutopia 2.8 ≈â“π∫“∑

Õ—µ√“Õâ“ßÕ‘ß: Õ—µ√“¥Õ°‡∫’Ȭ 4%

§«“¡®”‡ªìπ·≈–§«“¡ ¡‡Àµÿ ¡º≈: §≥–°√√¡°“√µ√«® Õ∫‰¥âæ‘®“√≥“·≈â«¡’§«“¡‡ÀÁπ«à“‡ªìπ√“¬°“√∑’Ë ¡‡Àµÿ ¡

º≈‡π◊ËÕß®“°‡ªìπ°“√„Àâ°Ÿâ¬◊¡·°à∫√‘…—∑¬àÕ¬µ“¡ —¥ à«π°“√∂◊ÕÀÿâπ·≈–¡’°“√§‘¥

¥Õ°‡∫’Ȭ„πÕ—µ√“¥Õ°‡∫’Ȭ∑’Ë°”Àπ¥√à«¡°—π‚¥¬ºŸâ∂◊ÕÀÿâπ ¥—ßπ—Èπ√“¬°“√π’È®÷߉¡à°àÕ

„À⇰‘¥§«“¡‡ ’¬À“¬·°à∫√‘…—∑ ·≈–‡ªìπ‰ª‡æ◊ËÕª√–‚¬™πå Ÿß ÿ¥¢Õß∫√‘…—∑

∫ÿ§§≈∑’ËÕ“®¡’§«“¡¢—¥·¬âß/ª√–‡¿∑∏ÿ√°‘®: ∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥ (MVVL)/‚§√ß°“√ªíπ à«π‡«≈“æ—°ºàÕπ

(Time Sharing) ¿Ÿ‡°Áµ

≈—°…≥–§«“¡ —¡æ—π∏å: 1. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ ‡ªìπ°√√¡°“√∑—Èß„π MINT ·≈– MVVL

2. MINT ∂◊ÕÀÿâπ 50% „π MVVL

≈—°…≥–/¢π“¥¢Õß√“¬°“√: 1. MVVL ®à“¬§à“®—¥°“√„Àâ·°à RGHM ®”π«π 0.6 ≈â“π∫“∑

2. MINT ¡’¬Õ¥‡ß‘π„Àâ°Ÿâ¬◊¡√–¬–¬“«·°à MVVL ®”π«π 159.5 ≈â“π∫“∑

3. MINT √—∫√“¬‰¥â¥Õ°‡∫’Ȭ®“° MVVL 7.5 ≈â“π∫“∑

4. MINT ‰¥â√—∫√“¬‰¥â§à“®—¥°“√‡ß‘π°Ÿâ®“° MVVL 1.9 ≈â“π∫“∑

Õ—µ√“Õâ“ßÕ‘ß: 1. Õ—µ√“§à“®—¥°“√ 0.05 ≈â“π∫“∑µàÕ‡¥◊Õπ

2. Õ—µ√“¥Õ°‡∫’Ȭ∑’Ë°”Àπ¥√à«¡°—π‚¥¬ºŸâ∂◊ÕÀÿâπ

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

√“¬°“√√–À«à“ß°—π

§«“¡®”‡ªìπ·≈–§«“¡ ¡‡Àµÿ ¡º≈: §≥–°√√¡°“√µ√«® Õ∫‰¥âæ‘®“√≥“·≈â«¡’§«“¡‡ÀÁπ«à“√“¬°“√∑’Ë 1 ‡ªìπ

√“¬°“√∑’Ë ¡‡Àµÿ ¡º≈·≈–‡ªìπ√“§“¬ÿµ‘∏√√¡ ·≈–‡ªìπ‰ª‡æ◊ËÕª√–‚¬™πå Ÿß ÿ¥

¢Õß∫√‘…—∑‡π◊ËÕß®“° RGHM ¡’§«“¡™”π“≠„π¥â“π∏ÿ√°“√‚√ß·√¡ „π à«π¢Õß

√“¬°“√∑’Ë 2 ∂÷ß 4 π—È𠇪ìπ√“¬°“√∑’Ë¡’§«“¡ ¡‡Àµÿ ¡º≈·≈–‡ªìπ‰ªµ“¡∑’Ë√–∫ÿ

„π —≠≠“

∫ÿ§§≈∑’ËÕ“®¡’§«“¡¢—¥·¬âß/ª√–‡¿∑∏ÿ√°‘®: ∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ·Õπ¥å √’ Õ√å∑ ®”°—¥ (COCO) /∏ÿ√°‘®‚√ß·√¡

≈—°…≥–§«“¡ —¡æ—π∏å: 1. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ ·≈–π“ߪ√“√∂π“ ‡ªìπ°√√¡°“√∑—Èß„π MINT

·≈– COCO

2. COCO ‡ªìπ∫√‘…—∑√à«¡¢Õß MINT ‚¥¬ MINT ¡’ ‘∑∏‘ÕÕ°‡ ’¬ß„π COCO 40%

≈—°…≥–/¢π“¥¢Õß√“¬°“√: 1. MINT ¡’¬Õ¥‡ß‘π„Àâ°Ÿâ¬◊¡·°à COCO ®”π«π 8 ≈â“π∫“∑

2. MINT √—∫√“¬‰¥â¥Õ°‡∫’Ȭ®“° COCO 1.1 ≈â“π∫“∑

Õ—µ√“Õâ“ßÕ‘ß: Õ—µ√“¥Õ°‡∫’Ȭ∑’Ë°”Àπ¥√à«¡°—π‚¥¬ºŸâ∂◊ÕÀÿâπ

§«“¡®”‡ªìπ·≈–§«“¡ ¡‡Àµÿ ¡º≈: §≥–°√√¡°“√µ√«® Õ∫‰¥âæ‘®“√≥“·≈â«¡’§«“¡‡ÀÁπ«à“‡ªìπ√“¬°“√∑’Ë ¡‡Àµÿ

¡º≈‡π◊ËÕß®“°‡ªìπ°“√„Àâ°Ÿâ¬◊¡·°à∫√‘…—∑√à«¡µ“¡ —¥ à«π°“√∂◊ÕÀÿâπ·≈–¡’°“√§‘¥

¥Õ°‡∫’Ȭ„πÕ—µ√“¥Õ°‡∫’Ȭ∑’Ë°”Àπ¥√à«¡°—π‚¥¬ºŸâ∂◊ÕÀÿâπ ¥—ßπ—Èπ√“¬°“√π’È®÷߉¡à°àÕ

„À⇰‘¥§«“¡‡ ’¬À“¬·°à∫√‘…—∑

¢—ÈπµÕπ°“√Õπÿ¡—µ‘°“√∑”√“¬°“√√–À«à“ß°—π

”À√—∫√“¬°“√√–À«à“ß°—π∑’ˇ°‘¥¢÷Èπ à«πß“π∑’ˇªìπºŸâ„Àâ∫√‘°“√À√◊Õ‡°’ˬ«¢âÕß®–‡ªìπºŸâæ‘®“√≥“¡Ÿ≈§à“¢Õß√“¬°“√ Õߪ√–°“√¥â«¬°—π

°≈à“«§◊Õ ª√–°“√·√° °“√‡¢â“∑”√“¬°“√‡ªìπº≈ª√–‚¬™πå¢Õß∫√‘…—∑ ª√–°“√∑’Ë Õß¡Ÿ≈§à“¢Õß√“¬°“√‡ªìπ¡Ÿ≈§à“¬ÿµ‘∏√√¡ ‚¥¬∑—Èßπ’È

∫√‘…—∑œ‰¥â¬÷¥ªØ‘∫—µ‘ √«¡∂÷߇ªî¥‡º¬™π‘¥·≈–¡Ÿ≈§à“¢Õß√“¬°“√√–À«à“ß°—π¢Õß∫√‘…—∑∑’ˇ°’ˬ«‚¬ß°—∫∫ÿ§§≈∑’ËÕ“®¡’§«“¡¢—¥·¬âß

¿“¬„µâª√–°“»·≈–¢âÕ∫—ߧ—∫¢Õßµ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬ √«¡∂÷߉¥â„Àâ§≥–°√√¡°“√µ√«® Õ∫¡’Àπâ“∑’ˬ◊π¬—π„π¡Ÿ≈§à“

¬ÿµ‘∏√√¡¢Õß√“¬°“√√–À«à“ß°—π∑’ˇ°‘¥¢÷Èπ

π‚¬∫“¬°“√∑”√“¬°“√√–À«à“ß°—π„πÕ𓧵

°√√¡°“√µ√«® Õ∫·≈–∫√‘…—∑®–√à«¡°—π¥Ÿ·≈√“¬°“√√–À«à“ß°—π¥—ß°≈à“«∑’ËÕ“®‡°‘¥¢÷Èπ„πÕ𓧵«à“®–‡ªìπ√“¬°“√∑’Ë¡’§«“¡®”‡ªìπ

·≈–„À⇪ìπ‰ª„π√“§“∑’ˬÿµ‘∏√√¡

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

≈—°…≥–°“√ª√–°Õ∫∏ÿ√°‘®∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π) (MINT) ‡ªìπºŸâ„Àâ∫√‘°“√¥â“π∏ÿ√°‘®Õ“À“√∑’Ë„À≠à∑’Ë ÿ¥„πª√–‡∑»‚¥¬¡’®”π«π “¢“∑—ÈßÀ¡¥ 558 “¢“ ¿“¬„µâ·∫√π¥å ‡¥Õ– æ‘ à“, ‡«π‡´àπ å, ‘ å‡≈àÕ√å, ·¥√’˧«’π ·≈–‡∫Õ√凰Õ√å§‘ß πÕ°®“°π’È∫√‘…—∑œ ¬—߇ªìπºŸâπ”„π∏ÿ√°‘®‚√ß·√¡‚¥¬‡ªìπºŸâª√–°Õ∫°“√∑—ÈßÀ¡¥ 12 ‚√ß·√¡ À√◊Õ®”π«π 2,352 ÀâÕß ¿“¬„µâ·∫√π¥å ·¡√‘ÕÕ∑, ‚ø√å ’ —Ëπ å ·≈–Õπ—πµ√“ ∑—Èß„πª√–‡∑»‰∑¬·≈– Minor International brands ªí®®ÿ∫—π¬—߉¥â≈ß∑ÿπ√à«¡°—∫°≈ÿà¡ ·¡√‘ÕÕ∑ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ „π‚§√ß°“√ªíπ à«π‡«≈“∑’Ë®—ßÀ«—¥¿Ÿ‡°Áµ‚¥¬¡’®”π«π 144 ÀâÕß πÕ°®“°π’Ȭ—ß¡’∏ÿ√°‘® ª“ ÷Ëß∂◊Õ‰¥â«à“∫√‘…—∑œ ‡ªìπºŸâª√–°Õ∫°“√∑’Ë„À≠à∑’Ë ÿ¥„π·∂∫‡Õ‡™’¬·ª ‘øî° ¥â«¬®”π«π ª“∑—ÈßÀ¡¥ 16 ·Ààß∑—Èß„πª√–‡∑»‰∑¬·≈– “∏“√≥√—∞ª√–™“™π®’π ¿“¬„µâ·∫√π¥å Mandara,The Spa ·≈– Õπ—πµ√“ (√“¬≈–‡Õ’¬¥‡æ‘Ë¡‡µ‘¡„π‡√◊ËÕß∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑„π‡§√◊Õ)

‚§√ß √â“ß√“¬‰¥â„πªï 2548 ∫√‘…—∑œ·≈–∫√‘…—∑¬àÕ¬ ¡’√“¬‰¥â®“°°“√ª√–°Õ∫∏ÿ√°‘®À≈—° 4 ª√–‡¿∑ ‰¥â·°à (1) ∏ÿ√°‘®Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡√âÕ¬≈– 46(2) ∏ÿ√°‘®‚√ß·√¡ √âÕ¬≈– 41 (3) ∏ÿ√°‘®„Àâ‡™à“»Ÿπ¬å°“√§â“·≈–∏ÿ√°‘®∫—π‡∑‘ß √âÕ¬≈– 4 (4) ∏ÿ√°‘® ª“ √âÕ¬≈– 3 ·≈– (5) ∏ÿ√°‘®Õ◊ËπÊ√âÕ¬≈– 6

‡Àµÿ°“√≥å ”§—≠„π√Õ∫ªï 2548¡°√“§¡ ∑”§”‡ πÕ ◊ÈÕÀÿâπ∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π) ®“°ºŸâ∂◊ÕÀÿâπ√“¬¬àÕ¬∑”„Àâ —¥ à«π°“√∂◊ÕÀÿâπ„π

∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ (®”°—¥) ¡À“™π ‡æ‘Ë¡¢÷Èπ®“° 57.7% ‡ªìπ 90.8%

°ÿ¡¿“æ—π∏å ‡ª≈’ˬπ™◊ËÕ®“° ∫√‘…—∑ √Õ¬—≈°“√凥âπ∑å √’´Õ√å∑ ®”°—¥ (¡À“™π) ‡ªìπ ∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥(¡À“™π)

°√°Æ“§¡ µ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬‰¥â‡ª≈’ˬπ°“√®—¥°≈ÿà¡À≈—°∑√—æ¬å¢Õß∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈®”°—¥ (¡À“™π) ®“°°≈ÿà¡°“√∑àÕ߇∑’ˬ«·≈– —π∑π“°“√ ‡ªìπ°≈ÿà¡∏ÿ√°‘®Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡

惻®‘°“¬π §≥–°√√¡°“√∫√‘…—∑œ ¡’¡µ‘„Àâ‡æ‘Ë¡∑ÿπ®”π«π 187 ≈â“πÀÿâπ ‚¥¬‡ªìπ°“√„Àâ ‘∑∏‘°“√®Õß ◊ÈÕ„Àâ°—∫ºŸâ∂◊ÕÀÿâπ‡¥‘¡„π —¥ à«π 15 Àÿâπ‡¥‘¡ µàÕ 1 Àÿâπ„À¡à ‡æ◊ËÕπ”‡ß‘π‰ª≈ß∑ÿπ„π∏ÿ√°‘®‚√ß·√¡∑’ˇ°“– ¡ÿ¬ ∏ÿ√°‘®‚√ß·√¡„πª√–‡∑»¡—≈¥’ø å ·≈–°“√≈ß∑ÿπ„π∏ÿ√°‘®Õ“À“√„πª√–‡∑»®’π

∏—𫓧¡ - ‡ªî¥‚√ß·√¡‚∫¥ŸŒŸ√“ „πª√–‡∑»¡—≈¥’ø å- °“√°àÕ √â“ß‚√ß·√¡‚ø√å ’ —Ëπ å ‡µÁπ∑å·§¡ªá ‡™’¬ß√“¬ ·≈⫇ √Á® ‡µ√’¬¡‡ªî¥„Àâ∫√‘°“√- °“√°àÕ √â“ß‚§√ß°“√ªíπ à«π‡«≈“ ·¡√‘ÕÕ∑ ¿Ÿ‡°Áµ ∫’™§≈—∫ √–¬–∑’Ë “¡ ·≈⫇ √Á® ‡µ√’¬¡‡ªî¥„Àâ∫√‘°“√- ‰¥â√—∫§—¥‡≈◊Õ°®“°µ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬ (SET) „À⇪ìπÀπ÷Ëß„πÀ≈—°∑√—æ¬å∑’Ëπ”¡“„™â§”π«≥

¥—™π’ SET 100

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2. ‘∑∏‘¢ÕߺŸâ∂◊ÕÀÿâπ∫√‘…—∑µ√–Àπ—°„π ‘∑∏‘·≈–§«“¡‡∑à“‡∑’¬¡°—π¢ÕߺŸâ∂◊ÕÀÿâπ ·≈–‰¥â„À⧫“¡‡∑à“‡∑’¬¡°—π°—∫ºŸâ∂◊ÕÀÿâπ∑ÿ°√“¬µ“¡ ‘∑∏‘∑’˺Ÿâ∂◊ÕÀÿâπæ÷ß®–‰¥â√—∫ ∑—Èß ‘∑∏‘„π°“√ÕÕ°‡ ’¬ß ‘∑∏‘„π°“√√—∫‡ß‘πªíπº≈ ‘∑∏‘„π°“√‚ÕπÀÿâπ ‘∑∏‘„π°“√‡¢â“√à«¡ª√–™ÿ¡ºŸâ∂◊ÕÀÿâπ·≈– ‘∑∏‘„π°“√‰¥â√—∫¢âÕ¡Ÿ≈¢à“« “√Õ¬à“߇∑à“‡∑’¬¡°—π

∫√‘…—∑‰¥â®—¥„Àâ¡’°“√ª√–™ÿ¡ºŸâ∂◊ÕÀÿâπªï≈– Õ¬à“ßπâÕ¬ 1 §√—Èß ‡æ◊ËÕ‡ªìπ°“√‡ªî¥‚Õ°“ „À⺟â∂◊ÕÀÿâπ∑ÿ°§π¡’‚Õ°“ ‚¥¬‡∑à“‡∑’¬¡°—π„π°“√µ√«® Õ∫°“√¥”‡π‘πß“π¢Õß∫√‘…—∑ Õ∫∂“¡ · ¥ß§«“¡§‘¥‡ÀÁπ·≈–„Àâ¢âÕ‡ πÕ·π–µà“ßÊ ‚¥¬ª√–∏“π„π∑’˪√–™ÿ¡®–‡ªìπºŸâ™’È·®ß·≈–µÕ∫¢âÕ´—°∂“¡¢ÕߺŸâ∂◊ÕÀÿâπ ·≈–°“√ª√–™ÿ¡¥—ß°≈à“«®–¡’°“√∫—π∑÷°√“¬ß“π°“√ª√–™ÿ¡µ“¡«“√–

3. ‘∑∏‘¢ÕߺŸâ¡’ à«π‰¥â‡ ’¬∫√‘…—∑‰¥â„À⧫“¡ ”§—≠µàÕ ‘∑∏‘¢ÕߺŸâ¡’ à«π‰¥â‡ ’¬∑ÿ°°≈ÿà¡ ‚¥¬ªØ‘∫—µ‘µ“¡¢âÕ∫—ߧ—∫·≈–°Æ√–‡∫’¬∫¢Õßµ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬·≈– ”π—°ß“π°”°—∫À≈—°∑√—æ¬å·≈–µ≈“¥À≈—°∑√—æ¬å√«¡∂÷ß°ÆÀ¡“¬Õ◊ËπÊ∑’ˇ°’ˬ«¢âÕß ‡æ◊ËÕ„Àâ ‘∑∏‘¢ÕߺŸâ¡’ à«π‰¥â‡ ’¬‡À≈à“π’ȉ¥â√—∫°“√¥Ÿ·≈Õ¬à“ߥ’

ºŸâ∂◊ÕÀÿâπ ∫√‘…—∑®–¥”‡π‘π∏ÿ√°‘®Õ¬à“ß‚ª√àß„ ¡ÿàß¡—Ëπ„π°“√ √â“ß°“√‡®√‘≠‡µ‘∫‚µ·≈–º≈µÕ∫·∑π∑’Ë¥’„Àâ°—∫ºŸâ∂◊ÕÀÿâπÕ¬à“ßµàÕ‡π◊ËÕß„π√–¬–¬“«

≈Ÿ°§â“ ∫√‘…—∑¡ÿàß¡—Ëπ∑’Ë®–æ—≤π“§ÿ≥¿“æ ‘π§â“·≈–∫√‘°“√Õ¬à“ßµàÕ‡π◊ËÕß ‡æ◊ËÕ§«“¡æÕ„® Ÿß ÿ¥¢Õß≈Ÿ°§â“

§Ÿà§â“ ∫√‘…—∑¡ÿàß¡—Ëπ∑’Ë®–ªØ‘∫—µ‘µàÕ§Ÿà§â“Õ¬à“߇ ¡Õ¿“§·≈–µ—ÈßÕ¬Ÿà∫πæ◊Èπ∞“π¢Õߧ«“¡‡ªìπ∏√√¡‚¥¬§”π÷ß∂÷ߺ≈ª√–‚¬™πå√à«¡°—π

§Ÿà·¢àß ∫√‘…—∑®–ª√–惵‘ªØ‘∫—µ‘µ“¡°√Õ∫°µ‘°“°“√·¢àߢ—π “°≈ ‰¡à∑”≈“¬™◊ËÕ‡ ’¬ß¢ÕߧŸà·¢àߥ⫬°“√°≈à“«À“„π∑“ß√⓬‚¥¬ª√“»®“°´÷Ëß¡Ÿ≈§«“¡®√‘ß

æπ—°ß“π ∫√‘…—∑∂◊Õ«à“æπ—°ß“π‡ªìπ∑√—欓°√∑’Ë¡’§ÿ≥§à“·≈–µâÕ߉¥â√—∫°“√ªØ‘∫—µ‘∑’ˇªìπ∏√√¡ ∑—Èß„π¥â“π‚Õ°“ º≈µÕ∫·∑π °“√æ—≤π“»—°¬¿“æ æ√âÕ¡„À⧫“¡¡—Ëπ„®„π§ÿ≥¿“æ™’«‘µ·≈–§«“¡ª≈Õ¥¿—¬„π°“√∑”ß“π

—ߧ¡·≈– ‘Ëß·«¥≈âÕ¡ ∫√‘…—∑¡ÿàß¡—Ë𥔇π‘π∏ÿ√°‘®∑’ˇªìπª√–‚¬™πåµàÕ‡»√…∞°‘®·≈– —ߧ¡ ·≈–„À⧫“¡ ”§—≠°—∫°“√¥Ÿ·≈√—°…“ ‘Ëß·«¥≈âÕ¡

4. °“√ª√–™ÿ¡ºŸâ∂◊ÕÀÿâπ„πªï 2548 ∫√‘…—∑‰¥â®—¥„Àâ¡’°“√ª√–™ÿ¡ºŸâ∂◊ÕÀÿâπ 2 §√—Èß ‡ªìπ°“√ª√–™ÿ¡«‘ “¡—≠ 1 §√—Èß „π«—π∑’Ë 21 °ÿ¡¿“æ—π∏å 2548 ·≈– ª√–™ÿ¡ “¡—≠ª√–®”ªï „π«—π∑’Ë 21 ‡¡…“¬π 2548 ‚¥¬∫√‘…—∑‰¥â®—¥ àßÀπ—ß ◊Õ𗥪√–™ÿ¡æ√âÕ¡∑—ÈߢâÕ¡Ÿ≈ª√–°Õ∫°“√ª√–™ÿ¡µ“¡«“√–µà“ßÊ„À⺟â∂◊ÕÀÿâπ∑√“∫≈à«ßÀπâ“°àÕπ«—πª√–™ÿ¡ 14 «—π ∑—Èßπ’ȵ“¡®”π«π∑’Ë°ÆÀ¡“¬°”Àπ¥‰«â ‚¥¬„π°“√ª√–™ÿ¡·µà≈–§√—Èß¡’ª√–∏“π°√√¡°“√·≈–ª√–∏“π§≥–°√√¡°“√µ√«® Õ∫‡¢â“√à«¡ª√–™ÿ¡¥â«¬∑ÿ°§√—Èß

”À√—∫ºŸâ∂◊ÕÀÿâπ∑’ˉ¡à “¡“√∂‡¢â“√à«¡ª√–™ÿ¡¥â«¬µπ‡Õ߉¥â ∫√‘…—∑‰¥âÕ”π«¬§«“¡ –¥«°„π°“√®—¥„Àâ¡’Àπ—ß ◊Õ¡Õ∫©—π∑– ‚¥¬ºŸâ∂◊ÕÀÿâπ “¡“√∂¡Õ∫©—π∑–„Àâ∫ÿ§§≈„¥∫ÿ§§≈Àπ÷Ëß À√◊Õª√–∏“π°√√¡°“√µ√«® Õ∫‡ªìπºŸâÕÕ°‡ ’¬ß≈ߧ–·ππ √«¡∑—È߇ªî¥‚Õ°“ „À⺟â∂◊ÕÀÿâπ‰¥â· ¥ß§«“¡§‘¥‡ÀÁπ À√◊Õµ—Èߧ”∂“¡„¥Ê ‰¥âÕ¬à“߇∑à“‡∑’¬¡°—π

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222 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

°“√ªØ‘∫—µ‘µ“¡À≈—°°“√°”°—∫¥Ÿ·≈°‘®°“√∑’Ë¥’ 15 ¢âÕ

5. ¿“«–ºŸâπ”·≈–«‘ —¬∑—»πå§≥–°√√¡°“√¢Õß∫√‘…—∑∑ÿ°∑à“π‡ªìπ∫ÿ§§≈∑’Ë¡’¿“«–°“√‡ªìπºŸâπ”¡’«‘ —¬∑—»πå∑’Ë°«â“߉°≈ ·≈–¡’§«“¡‡ªìπÕ‘ √–„π°“√µ—¥ ‘π„®§≥–°√√¡°“√‰¥â¡’ à«π√à«¡„π°“√°”Àπ¥ À√◊Õ„À⧫“¡‡ÀÁπ™Õ∫«‘ —¬∑—»πå °≈¬ÿ∑∏å ‡ªÑ“À¡“¬ ·ºπ∏ÿ√°‘® ·≈–ß∫ª√–¡“≥¢Õß∫√‘…—∑µ≈Õ¥®π°”°—∫¥Ÿ·≈„ÀâΩÉ“¬∫√‘À“√®—¥°“√¥”‡π‘π·ºπ°“√∏ÿ√°‘®„Àâ¡’ª√– ‘∑∏‘¿“æ ‡æ◊ËÕ‡æ‘Ë¡¡Ÿ≈§à“∑“߇»√…∞°‘® Ÿß ÿ¥„Àâ·°à°‘®°“√·≈–§«“¡¡—Ëπ§ß Ÿß ÿ¥„Àⷰຟâ∂◊ÕÀÿâπ

„πªï∑’˺à“π¡“ §≥–°√√¡°“√¬—߉¥â®—¥„Àâ¡’°“√ª√–‡¡‘πº≈°“√ªØ‘∫—µ‘ß“π¢Õߧ≥–°√√¡°“√∑—Èߧ≥– ‡æ◊ËÕª√–‡¡‘πº≈°“√ªØ‘∫—µ‘ß“π„πªï∑’˺à“π¡“‡∑’¬∫°—∫‡ªÑ“À¡“¬∑’Ë«“߉«â ·≈–À“·π«∑“ß„π°“√‡æ‘Ë¡ª√– ‘∑∏‘¿“æ„π°“√∑”ß“π

6. §«“¡¢—¥·¬âß∑“ߺ≈ª√–‚¬™πå‡æ◊ËÕªÑÕß°—𧫓¡¢—¥·¬âß∑“ߺ≈ª√–‚¬™πå∫√‘…—∑‰¥â°”Àπ¥π‚¬∫“¬„π°“√¥Ÿ·≈√“¬°“√∑’ËÕ“®°àÕ„À⇰‘¥§«“¡¢—¥·¬âß∑“ߺ≈ª√–‚¬™π剫âÕ¬à“ß™—¥‡®π ‚¥¬°”Àπ¥¢—ÈπµÕπ°“√Õπÿ¡—µ‘√“¬°“√∑’ˇ°’ˬ«‚¬ß°—π√–À«à“ß∫√‘…—∑ À√◊Õ∫ÿ§§≈∑’ËÕ“®¡’§«“¡¢—¥·¬âß ‰«â‡ªìπ≈“¬≈—°…≥åÕ—°…√

„π°√≥’∑’Ë¡’°√√¡°“√∑’Ë¡’ à«π‰¥â‡ ’¬„π«“√–„¥Ê °√√¡°“√∑à“ππ—Èπ®–‰¡à¡’ ‘∑∏‘ÕÕ°‡ ’¬ß„π«“√–¥—ß°≈à“« √«¡∑—Èß°”Àπ¥π‚¬∫“¬·≈–«‘∏’°“√¥Ÿ·≈‰¡à„À⺟â∫√‘À“√·≈–ºŸâ‡°’ˬ«¢âÕßπ”¢âÕ¡Ÿ≈¿“¬„π¢Õß∫√‘…—∑‰ª„™â‡æ◊ËÕª√–‚¬™πå à«πµπ¥â«¬

7. ®√‘¬∏√√¡∏ÿ√°‘®∫√‘…—∑‰¥â®—¥„Àâ¡’ ç¢âÕæ÷ߪؑ∫—µ‘∑“ß®√‘¬∏√√¡ (Code of Business Ethics)é ‡æ◊ËÕ„Àâ§≥–°√√¡°“√ ºŸâ∫√‘À“√ ·≈–æπ—°ß“π¢Õß∫√‘…—∑¬÷¥∂◊Õ‡ªìπ·π«∑“ß„π°“√ªØ‘∫—µ‘Àπâ“∑’˵“¡¿“√°‘®¢Õß∫√‘…—∑ ∫√‘…—∑„À⧫“¡ ”§—≠¢Õß®√‘¬∏√√¡∏ÿ√°‘®‡ªìπ ‘Ëß∑’Ë ”§—≠∑’˵âÕߥ”√ßÕ¬Ÿà∫πæ◊Èπ∞“π¢Õߧ«“¡√—∫º‘¥™Õ∫·≈–§«“¡‚ª√àß„

8. °“√∂à«ß¥ÿ≈¢Õß°√√¡°“√∑’ˉ¡à‡ªìπºŸâ∫√‘À“√§≥–°√√¡°“√∫√‘…—∑¡’®”π«π 9 ∑à“π ª√–°Õ∫¥â«¬°√√√¡°“√∑’ˇªìπºŸâ∫√‘À“√ 3 ∑à“π°√√¡°“√∑’ˉ¡à‰¥â‡ªìπºŸâ∫√‘À“√ 3 ∑à“π°√√¡°“√∑’ˇªìπÕ‘ √– 3 ∑à“𠧑¥‡ªìπ√âÕ¬≈– 1 „π 3¢Õߧ≥–°√√¡°“√∑—ÈßÀ¡¥

9. °“√√«¡À√◊Õ·¬°µ”·Àπàߪ√–∏“π°√√¡°“√°—∫ª√–∏“π‡®â“Àπâ“∑’Ë∫√‘À“√‡ªìπ∫ÿ§§≈§π‡¥’¬«°—π Õ¬à“߉√°Áµ“¡ ‡æ◊ËÕ„À⇰‘¥°“√∂à«ß¥ÿ≈·≈–°“√ Õ∫∑“π°“√∫√‘À“√ß“π ‚§√ß √â“ߧ≥–°√√¡°“√¢Õß∫√‘…—∑ª√–°Õ∫¥â«¬°√√¡°“√∑’ˉ¡à‰¥â‡ªìπºŸâ∫√‘À“√·≈–°√√¡°“√Õ‘ √–¡“°°«à“§√÷ËßÀπ÷ËߢÕߧ≥–°√√¡°“√∑—ÈßÀ¡¥

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223√“¬ß“πª√–®”ªï 2548

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°“√ªØ‘∫—µ‘µ“¡À≈—°°“√°”°—∫¥Ÿ·≈°‘®°“√∑’Ë¥’ 15 ¢âÕ

10. §à“µÕ∫·∑π°√√¡°“√·≈–ºŸâ∫√‘À“√„πªï 2548 ∫√‘…—∑®à“¬§à“µÕ∫·∑πµà“ßÊ „Àâ·°à°√√¡°“√·≈–ºŸâ∫√‘À“√ ¡’√“¬≈–‡Õ’¬¥¥—ßπ’È

§à“µÕ∫·∑π∑’ˇªìπµ—«‡ß‘π‡¢â“√à«¡ §≥–°√√¡°“√ §≥–°√√¡°“√ §≥–°√√°“√ §≥–°√√¡ª√–™ÿ¡ ∫√‘…—∑œ µ√«® Õ∫ °”Àπ¥ °“√ √√À“(§√—Èß) §à“µÕ∫·∑π √«¡

1. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ 11/11 200,000 - 25,000 25,000 250,0002. π“¬æÕ≈ ™“≈’ å ‡§ππ’Ë 10/11 200,000 - - - 200,0003. π“ߪ√“√∂π“ ¡‚π¡—¬æ‘∫Ÿ≈¬å 11/11 200,000 - - - 200,0004. 𓬇§«‘𠇮¡ å ∫Ÿ‡« å* 6/10 200,000 - - - 200,0005. 𓬰‘µµ‘æ≈ ª√“‚¡™ ≥ Õ¬ÿ∏¬“ 11/11 200,000 40,000 - - 240,0006. 𓬉¡‡§‘≈ ‡¥«‘¥ ‡´≈∫’¬å 10/11 200,000 - - - 200,0007. π“¬Õ“π‘≈ ∏“¥“π’Ë 4/11 200,000 - 25,000 25,000 250,0008. 𓬉™¬«—≤πå ∫ÿπ𓧠8/11 200,000 40,000 - - 240,0009. 𓬇§π‡π∏ ≈’ ‰«∑å 11/11 200,000 100,000 25,000 25,000 350,000

À¡“¬‡Àµÿ: * 𓬇§«‘𠇮¡ å ∫Ÿ‡« å ≈“ÕÕ°‡¡◊ËÕ«—π∑’Ë 30 惻®‘°“¬π 2548

®”π«π (√“¬) §à“µÕ∫·∑π√“¬‡¥◊Õπ √«¡·≈–‚∫π— (≈∫.) (≈∫.)

1. ºŸâ∫√‘À“√ 5 94.20 94.20

§à“µÕ∫·∑πÕ◊ËπÊ ∑’Ë¡‘„™àµ—«‡ß‘π - ‰¡à¡’ -

11. °“√ª√–™ÿ¡§≥–°√√¡°“√ΩÉ“¬‡≈¢“πÿ°“√∫√‘…—∑‰¥â®—¥ àßÀπ—ß ◊Õ‡™‘≠ª√–™ÿ¡æ√âÕ¡‡Õ° “√ª√–°Õ∫°àÕπ°“√ª√–™ÿ¡≈à«ßÀπâ“Õ¬à“ßπâÕ¬ 7 «—π „Àâ§≥–°√√¡°“√æ‘®“√≥“ „πªï 2548 ∑’˺à“π¡“ §≥–°√√¡°“√∫√‘…—∑‰¥â¡’°“√ª√–™ÿ¡√«¡∑—Èß ‘Èπ 11 §√—Èß ·≈–‰¥â¡’°“√®¥∫—π∑÷°°“√ª√–™ÿ¡‡ªìπ≈“¬≈—°…≥åÕ—°…√·≈–®—¥‡°Á∫√“¬ß“π°“√ª√–™ÿ¡∑’˺à“π°“√√—∫√Õß®“°§≥–°√√¡°“√æ√âÕ¡„Àâ°√√¡°“√·≈–ºŸâ∑’ˇ°’ˬ«¢âÕßµ√«® Õ∫‰¥â

12. §≥–Õπÿ°√√¡°“√§≥–°√√¡°“√∫√‘…—∑‰¥â®—¥µ—Èß„Àâ¡’§≥–Õπÿ°√√¡°“√‡æ◊Ëՙ૬„π°“√°”°—∫¥Ÿ·≈°‘®°“√¢Õß∫√‘…—∑ ‰¥â·°à§≥–°√√¡°“√µ√«® Õ∫§≥–°√√¡°“√°”Àπ¥§à“µÕ∫·∑π·≈–§≥–°√√¡°“√ √√À“´÷Ëß¡’°“√·∫àß·¬°∫∑∫“∑Àπâ“∑’Ë ·≈–§«“¡√—∫º‘¥™Õ∫√–À«à“ߧ≥–°√√¡°“√ §≥–°√√¡°“√µ√«® Õ∫·≈–ΩÉ“¬∫√‘À“√Õ¬à“ß™—¥‡®π ¥—ß√“¬≈–‡Õ’¬¥„πÀ—«¢âÕ‚§√ß √â“ß°“√∂◊ÕÀÿâπ·≈–°“√®—¥°“√

13. √–∫∫°“√§«∫§ÿ¡·≈–°“√µ√«® Õ∫¿“¬„π∫√‘…—∑„À⧫“¡ ”§—≠µàÕ√–∫∫°“√§«∫§ÿ¡¿“¬„π·≈–°“√µ√«® Õ∫¿“¬„π‡ªìπÕ¬à“߬‘Ëß ∑—Èßπ’ȇæ◊ËÕ‡ªìπ°“√ªÑÕß°—𧫓¡‡ ’¬À“¬∑’Ë®–‡°‘¥¢÷Èπ°—∫∫√‘…—∑‚¥¬√«¡ ·≈–‡æ◊ËÕ¥Ÿ·≈„Àâ°‘®°“√¢Õß∫√‘…—∑ “¡“√∂¥”‡π‘π‰¥âÕ¬à“ß¡’ª√– ‘∑∏‘¿“æ —¡ƒ∑∏‘Ϻ≈ ‚¥¬∫√‘…—∑‰¥â°”Àπ¥¿“√– Àπâ“∑’Ë Õ”π“®°“√¥”‡π‘π°“√¢ÕߺŸâªØ‘∫—µ‘ß“π·≈–ºŸâ∫√‘À“√ ‰«â‡ªìπ≈“¬≈—°…≥åÕ—°…√Õ¬à“ß™—¥‡®π ¡’°“√§«∫§ÿ¡¥Ÿ·≈°“√„™â∑√—æ¬å ‘π¢Õß∫√‘…—∑„À⇰‘¥ª√–‚¬™πå ·≈–¡’°“√·∫àß·¬°Àπâ“∑’˺ŸâªØ‘∫—µ‘ß“π ºŸâ§«∫§ÿ¡·≈–ª√–‡¡‘πº≈ÕÕ°®“°°—π ‡æ◊ËÕ„À⇰‘¥°“√∂à«ß¥ÿ≈·≈–µ√«® Õ∫√–À«à“ß°—πÕ¬à“߇À¡“– ¡

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2535 - 2539 ºŸâÕ”π«¬°“√ΩÉ“¬°“√‡ß‘π∫—≠™’ ∫√‘…—∑ ‡´Áπ∑√—≈æ—≤π“ ®”°—¥ (¡À“™π)2539 - 2541 ºŸâ™à«¬°√√¡°“√ºŸâ®—¥°“√„À≠à ∫√‘…—∑ ‡´Áπ∑√—≈æ—≤π“ ®”°—¥ (¡À“™π)ªí®®ÿ∫—π °√√¡°“√∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑„π‡§√◊Õ

ª√–∏“π‡®â“Àπâ“∑’Ë°“√‡ß‘π·≈–°√√¡°“√∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥(¡À“™π) ·≈–°√√¡°“√∫√‘…—∑„π‡§√◊Õ°√√¡°“√∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π)°√√¡°“√∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π)

π“¬Õ“π‘≈ ∏“¥“π’Ë °√√¡°“√ (·µàßµ—Èß 2541 ‡°‘¥ 2489)§ÿ≥«ÿ≤‘°“√»÷°…“/ª√–«—µ‘°“√Õ∫√¡* ª√‘≠≠“‚∑ “¢“°“√∫√‘À“√ University of California, Berkeley, USA.* ª√‘≠≠“‚∑ “¢“«‘∑¬“»“ µ√å University of Wisconsin, Madison, USA.ª√– ∫°“√≥å∑”ß“πªí®®ÿ∫—π °√√¡°“√∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑ ‰¡‡πÕ√å

Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)ºŸâ°àÕµ—Èß·≈–ª√–∏“π°√√¡°“√∫√‘…—∑ ´‘¡‚øπ’ ·§ªîµÕ≈ æ“√å∑‡πÕ√å ®”°—¥(‡¥‘¡™◊ËÕ ∫√‘…—∑ ™‚√‡¥Õ√å ·§ªîµÕ≈ æ“√å∑‡πÕ√å ®”°—¥)ª√–∏“π°√√¡°“√∫√‘…—∑ æ“√姇«¬å ‚Œ≈¥‘Èß ®”°—¥ (∫√‘…—∑®¥∑–‡∫’¬π„π ‘ߧ‚ª√å)®π∂÷ß 15 °√°Æ“§¡ 2548ª√–∏“π°√√¡°“√∫√‘…—∑ ∑«‘π«Ÿä¥ ‡ÕÁ𮑇π’¬√‘Ëß ®”°—¥ (∫√‘…—∑®¥∑–‡∫’¬π„π ‘ߧ‚ª√å)°√√¡°“√∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π)°√√¡°“√∫√‘…—∑ ÕÕ§‘¥ ø“√å¡“´Ÿµ‘‡§‘≈ ®”°—¥ ª√–‡∑»Õ‘π‡¥’¬°√√¡°“√∫√‘…—∑ ¥’‡Õ ®’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ - ∫’«’‰Õ (∫√‘…—∑®¥∑–‡∫’¬π„π À√—∞)°√√¡°“√ ·≈– ¡“™‘°¢Õߧ≥–°√√¡°“√°“√≈ß∑ÿπ ¢Õß¡À“«‘∑¬“≈—¬°“√∫√‘À“√ ‘ߧ傪√å (Singapore Management University) ¡“™‘° International Institute for Strategic Studies

𓬇§π‡π∏ ≈’ ‰«∑å °√√¡°“√·≈–ª√–∏“π°√√¡°“√µ√«® Õ∫ (·µàßµ—Èß 2541 ‡°‘¥ 2489)§ÿ≥«ÿ≤‘°“√»÷°…“/ª√–«—µ‘°“√Õ∫√¡* ª√‘≠≠“‚∑ “¢“°“√∫√‘À“√ University of Puget Sound Tacoma, Wa., USA.* À≈—° Ÿµ√ Director Certification Program & Chairman 2000®“° ¡“§¡ à߇ √‘¡ ∂“∫—π°√√¡°“√∫√‘…—∑‰∑¬ª√– ∫°“√≥å∑”ß“π2529 - 2535 ºŸâ®—¥°“√∑—Ë«‰ª ∏𓧓√‡™ ·¡π·Œµµ—π ( “¢“°√ÿ߇∑æœ)2535 - 2544 °√√¡°“√ºŸâ®—¥°“√ ∫√‘…—∑ ·ª ‘øî§ ¬“¡ µ√“∑’®‘§ §Õπ —≈µ‘Èß ®”°—¥ªí®®ÿ∫—π °√√¡°“√·≈–ª√–∏“π§≥–°√√¡°“√µ√«® Õ∫∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

·≈– ∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π)°√√¡°“√∫√‘À“√ ∫√‘…—∑ øîπ—π´à“ ®”°—¥ (¡À“™π)°√√¡°“√∫√‘…—∑ øîπ—π´à“ ª√–°—π™’«‘µ ®”°—¥°√√¡°“√ ∫√‘…—∑ ≈ÁÕ°´∫‘∑ ®”°—¥§≥–°√√¡°“√ÀÕ°“√§â“Õ‡¡√‘°—π°√√¡°“√·≈–°√√¡°“√µ√«® Õ∫∫√‘…—∑ °Ÿä¥‡¬’¬√å ®”°—¥ (¡À“™π)

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

‚§√ß √â“ß°“√∂◊ÕÀÿâπ·≈–°“√®—¥°“√

𓬰‘µµ‘æ≈ ª√“‚¡™ ≥ Õ¬ÿ∏¬“ °√√¡°“√·≈–°√√¡°“√µ√«® Õ∫ (·µàßµ—Èß 2543 ‡°‘¥ 2515)§ÿ≥«ÿ≤‘°“√»÷°…“/ª√–«—µ‘°“√Õ∫√¡* ª√‘≠≠“‚∑∫√‘À“√∏ÿ√°‘® “¢“°“√‡ß‘π ∂“∫—π∫—≥±‘µ∫√‘À“√∏ÿ√°‘®»»‘π∑√å ·Ààß®ÿÓ≈ß°√≥å¡À“«‘∑¬“≈—¬* À≈—° Ÿµ√ Director Certification Program (DCP)·≈–À≈—° Ÿµ√ Audit Committees Program(ACP)

¡“§¡ à߇ √‘¡ ∂“∫—π°√√¡°“√∫√‘…—∑‰∑¬ª√– ∫°“√≥å∑”ß“πªí®®ÿ∫—π °√√¡°“√·≈–°√√¡°“√µ√«® Õ∫∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

°√√¡°“√ºŸâ®—¥°“√ ∫√‘…—∑ —¡¡“°√ ®”°—¥ (¡À“™π)°√√¡°“√∫√‘…—∑ »√’æ—≤πå ®”°—¥°√√¡°“√∫√‘…—∑ »√’æ—≤πå °“√凥âπ ®”°—¥°√√¡°“√∫√‘…—∑ ·¡à√‘¡ ‡∑Õ‡√´ √’´Õ√å∑ ®”°—¥°√√¡°“√∫√‘…—∑ √Õ¬—≈°“√凥âπ ¥’‡«≈≈Õª‡¡âπ∑å ®”°—¥°√√¡°“√∫√‘…—∑ Õ“√å‡ÕÁπ‡Õ ‚Œ≈¥‘Èß ®”°—¥°√√¡°“√∫√‘…—∑ À—«À‘π «‘≈‡≈® ®”°—¥°√√¡°“√∫√‘…—∑ À—«À‘π √’´Õ√å∑ ®”°—¥°√√¡°“√∫√‘…—∑ À—«À‘π §Õπ‚¥¡‘‡π’¬¡ ®”°—¥°√√¡°“√∫√‘…—∑ ‡®â“æ√–¬“ √’´Õ√å∑ ®”°—¥Õÿªπ“¬°·≈–‡≈¢“∏‘°“√ ¡“§¡Õ —ßÀ“√‘¡∑√—æ¬å‰∑¬

𓬉™¬«—≤πå ∫ÿπ𓧠°√√¡°“√·≈–°√√¡°“√µ√«® Õ∫ (·µàßµ—Èß 2545 ‡°‘¥ 2487)§ÿ≥«ÿ≤‘°“√»÷°…“/ª√–«—µ‘°“√Õ∫√¡* 𑵑»“ µ√å¡À“∫—≥±‘µ ¡À“«‘∑¬“≈—¬Œ“«“√å¥* Fellow of the Chartered Institute of Arbitrators (U.K.)* À≈—° Ÿµ√ Directors Accreditation Program (DAP) ¡“§¡ à߇ √‘¡ ∂“∫—π°√√¡°“√∫√‘…—∑‰∑¬ª√– ∫°“√≥å∑”ß“πªí®®ÿ∫—π °√√¡°“√·≈–°√√¡°“√µ√«® Õ∫∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

·≈–∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π)°√√¡°“√ºŸâ®—¥°“√∫√‘…—∑ ∑’˪√÷°…“°ÆÀ¡“¬ “°≈ ®”°—¥

𓬉¡‡§‘≈ ‡¥«‘¥ ‡´≈∫’¬å °√√¡°“√ (·µàßµ—Èß 2547 ‡°‘¥ 2489)§ÿ≥«ÿ≤‘°“√»÷°…“/ª√–«—µ‘°“√Õ∫√¡* MA. International Law & Finance, George Washington University - National Law center* BA. George Washington University * Associate Electrical Engineering - Cornell Universityª√– ∫°“√≥å∑”ß“πªí®®ÿ∫—π °√√¡°“√∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

°√√¡°“√∫√‘…—∑ ‚√ß·√¡√“™¥”√‘ ®”°—¥ (¡À“™π)ª√–∏“π°√√¡°“√ Ocean Beauty Seafoods Inc., USA.°√√¡°“√∫√‘À“√ SEA-SOS International, Health Risk Management Company, andMedical Services Providerª√–∏“π°√√¡°“√ Kempinski International Hotels and Resorts°√√¡°“√ºŸâ®—¥°“√ ∫√‘…—∑ ∑ÿπ≈¥“«—≈¬å ®”°—¥°√√¡°“√ºŸâ®—¥°“√ ∫√‘…—∑ «—ß ‘π∑√—æ¬å ®”°—¥°√√¡°“√∫√‘…—∑ ªµ∑. ®”Àπà“¬°ä“´∏√√¡™“µ‘ ®”°—¥°√√¡°“√∫√‘…—∑ ‡ÕÁ¡ ¥’ ‡ÕÁ°´å ≈“« ®”°—¥

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228 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

‚§√ß √â“ß°“√∂◊ÕÀÿâπ·≈–°“√®—¥°“√

§≥–°√√¡°“√∫√‘…—∑ ∑”Àπâ“∑’Ë°”Àπ¥π‚¬∫“¬ «“ß·ºπ §«∫§ÿ¡ ·≈–µ—¥ ‘π„®„π°“√¥”‡π‘πß“π¢Õß∫√‘…—∑ √«¡∑—Èß°“√≈ß∑ÿπ„π∏ÿ√°‘®„À¡à ‡«âπ·µà‡√◊ËÕß∑’Ë°ÆÀ¡“¬°”Àπ¥„ÀâµâÕ߉¥â¡µ‘∑’˪√–™ÿ¡ºŸâ∂◊ÕÀÿâπ

§≥–°√√¡°“√µ√«® Õ∫ ®—¥µ—Èߢ÷Èπ‡¡◊ËÕ 23 ¡‘∂ÿπ“¬π 2541 ª√–°Õ∫¥â«¬°√√¡°“√ 3 ∑à“π ∑ÿ°∑à“π‡ªìπ°√√¡°“√Õ‘ √– ¥—ß√“¬™◊ËÕµàÕ‰ªπ’È

1. 𓬇§π‡π∏ ≈’ ‰«∑å ª√–∏“π°√√¡°“√µ√«® Õ∫2. 𓬉™¬«—≤πå ∫ÿπ𓧠°√√¡°“√µ√«® Õ∫3. 𓬰‘µµ‘æ≈ ª√“‚¡™ ≥ Õ¬ÿ∏¬“ °√√¡°“√µ√«® Õ∫4. π“ߪ√“√∂π“ ¡‚π¡—¬æ‘∫Ÿ≈¬å ‡≈¢“πÿ°“√§≥–°√√¡°“√µ√«® Õ∫

¢Õ∫‡¢µÕ”π“®Àπâ“∑’Ë¢Õߧ≥–°√√¡°“√µ√«® Õ∫1. Õ∫∑“π√“¬ß“π∑“ß°“√‡ß‘π¢Õß∫√‘…—∑œ „Àâµ√ßµàÕ§«“¡‡ªìπ®√‘ß §√∫∂â«π ‡æ’¬ßæÕ·≈–‡™◊ËÕ∂◊Õ‰¥â2. Õ∫∑“π„Àâ∫√‘…—∑œ ¡’√–∫∫§«∫§ÿ¡¿“¬„π∑’ˇÀ¡“– ¡·≈–¡’ª√– ‘∑∏‘¿“æ3. æ‘®“√≥“§—¥‡≈◊Õ°·≈–‡ πÕ·µàßµ—ÈߺŸâ Õ∫∫—≠™’¢Õß∫√‘…—∑œ4. Õ∫∑“π„Àâ∫√‘…—∑œ ªØ‘∫—µ‘µ“¡¢âÕ°”Àπ¥·≈–°ÆÀ¡“¬∑’ˇ°’ˬ«¢âÕß5. ¥Ÿ·≈‰¡à„À⇰‘¥§«“¡¢—¥·¬âß∑“ߺ≈ª√–‚¬™πå6. ®—¥∑”√“¬ß“π°“√°”°—∫¥Ÿ·≈°‘®°“√¢Õߧ≥–°√√¡°“√µ√«® Õ∫ ‚¥¬‡ªî¥‡º¬‰«â„π√“¬ß“πª√–®”ªï¢Õß∫√‘…—∑œ7. ªØ‘∫—µ‘°“√Õ◊Ëπ„¥µ“¡∑’˧≥–°√√¡°“√∫√‘…—∑¡Õ∫À¡“¬

§≥–°√√¡°“√°”Àπ¥§à“µÕ∫·∑π®—¥µ—Èߢ÷Èπ‡¡◊ËÕ«—π∑’Ë 22 惻®‘°“¬π 2545 ª√–°Õ∫¥â«¬°√√¡°“√ 3 ∑à“π ¥—ß√“¬™◊ËÕµàÕ‰ªπ’È

1. 𓬇§π‡π∏ ≈’ ‰«∑å ª√–∏“π°√√¡°“√°”Àπ¥§à“µÕ∫·∑π2. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ °√√¡°“√°”Àπ¥§à“µÕ∫·∑π3. π“¬Õ“π‘≈ ∏“¥“π’Ë °√√¡°“√°”Àπ¥§à“µÕ∫·∑π

¢Õ∫‡¢µÕ”π“®Àπâ“∑’Ë¢Õߧ≥–°√√¡°“√°”Àπ¥§à“µÕ∫·∑πæ‘®“√≥“°”Àπ¥§à“µÕ∫·∑π¢Õߪ√–∏“π°√√¡°“√∫√‘…—∑œ ·≈–°√√¡°“√∫√‘À“√∑ÿ°∑à“π

§≥–°√√¡°“√ √√À“®—¥µ—Èߢ÷Èπ‡¡◊ËÕ«—π∑’Ë 22 惻®‘°“¬π 2547 ª√–°Õ∫¥â«¬°√√¡°“√ 3 ∑à“π ¥—ß√“¬™◊ËÕµàÕ‰ªπ’È

1. 𓬇§π‡π∏ ≈’ ‰«∑å ª√–∏“π°√√¡°“√ √√À“2. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ °√√¡°“√ √√À“3. π“¬Õ“π‘≈ ∏“¥“π’Ë °√√¡°“√ √√À“

¢Õ∫‡¢µÕ”π“®Àπâ“∑’Ë¢Õߧ≥–°√√¡°“√°”Àπ¥ √√À“æ‘®“√≥“ √√À“∫ÿ§§≈∑’Ë¡’§ÿ≥«ÿ≤‘·≈–ª√– ∫°“√≥å‡æ◊ËÕ¥”√ßµ”·Àπàß°√√¡°“√∫√‘…—∑œ ·∑πµ”·Àπàß∑’Ë«à“ß≈ß

§≥–ºŸâ∫√‘À“√1. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ ª√–∏“π°√√¡°“√·≈–ª√–∏“π‡®â“Àπâ“∑’Ë∫√‘À“√2. π“ߪ√“√∂π“ ¡‚π¡—¬æ‘∫Ÿ≈¬å °√√¡°“√·≈–ª√–∏“π‡®â“Àπâ“∑’Ë°“√‡ß‘π3. 𓬇§«‘𠇮¡ å ∫Ÿ‡« å °√√¡°“√·≈–ª√–∏“π‡®â“Àπâ“∑’˪Ƒ∫—µ‘°“√4. π“¬¡‘‡™≈≈å ·«π ‡¥Õ ‚Œ‡«àπ √Õߪ√–∏“πΩÉ“¬æ—≤𓂧√ß°“√5. 𓬮ÕÀå𠇫 ‚∑∫’È ºŸâÕ”π«¬°“√ΩÉ“¬ªÆ‘∫—µ‘°“√

À¡“¬‡Àµÿ : 𓬇§«‘𠇮¡ å ∫Ÿ‡« å ≈“ÕÕ°‡¡◊ËÕ«—π∑’Ë 30 惻®‘°“¬π 2548

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‡≈¢“πÿ°“√∫√‘…—∑ : π“ß “«¥«ß°¡≈ æ‘»“≈π—°≈ß∑ÿπ —¡æ—π∏å: π“ß “«ª√–¿“√—µπå µ—ߧ«—≤π“

®”π«πÀ≈—°∑√—æ¬å¢Õß∫√‘…—∑œ∑’Ë°√√¡°“√À√◊ÕºŸâ∫√‘À“√∂◊Õ‡æ‘Ë¡¢÷ÈπÀ√◊Õ (≈¥≈ß) „π√Õ∫ªï 2548

®”π«πÀ≈—°∑√—æ¬å∑’Ë∂◊Õ ®”π«πÀ≈—°∑√—æ¬å∑’Ë∂◊Õ‡æ‘Ë¡¢÷Èπ≥ ‘Èπªï 2548 (≈¥≈ß)

≈”¥—∫ ™◊ËÕ - °ÿ≈ µ”·Àπàß Àÿâπ “¡—≠ „∫ ”§—≠ Àÿâπ “¡—≠ „∫ ”§—≠· ¥ß ‘∑∏‘ · ¥ß ‘∑∏‘

*ESOP ESOP1. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ ª√–∏“π°√√¡°“√ 194,420,110 - 17,954,555 -2. π“¬æÕ≈ ™“≈’ å ‡§ππ’Ë °√√¡°“√ 2,870,337 - 2,064,212 (96,000)3. π“ߪ√“√∂π“ ¡‚π¡—¬æ‘∫Ÿ≈¬å °√√¡°“√·≈–ª√–∏“π

‡®â“Àπâ“∑’Ë°“√‡ß‘π 8,927,996 10,000 2,509,136 (190,000)4. π“¬Õ“π‘≈ ∏“¥“π’Ë °√√¡°“√ 35,152,134 - 7,483,590 -5. 𓬇§π‡π∏ ≈’ ‰«∑å °√√¡°“√ 53,542 - 4,867 -6. 𓬰‘µµ‘æ≈ ª√“‚¡™ ≥ Õ¬ÿ∏¬“ °√√¡°“√ - - - -7. 𓬉™¬«—≤πå ∫ÿπ𓧠°√√¡°“√ 229,697 - 20,881 -8. 𓬉¡‡§‘≈ ‡¥«‘¥ ‡´≈∫’¬å °√√¡°“√ - - - -9. π“¬¡‘‡™≈≈å ·«π ‡¥Õ ‚Œ‡«àπ √Õߪ√–∏“πΩÉ“¬æ—≤𓂧√ß°“√ - - - -

10. 𓬮ÕÀå𠇫 ‚∑∫’È ºŸâÕ”π«¬°“√ΩÉ“¬ªÆ‘∫—µ‘°“√ - - - -

* ESOP §◊Õ„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®– ◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑œ∑’Ë®—¥ √√„Àâ·°à°√√¡°“√·≈–æπ—°ß“π¢Õß∫√‘…—∑ ·≈–/À√◊Õ∫√‘…—∑¬àÕ¬

√“¬™◊ËÕºŸâ∂◊ÕÀÿâπ√“¬„À≠à 10 √“¬·√° ≥ «—π∑’Ë 19 ∏—𫓧¡ 2548

™◊ËÕ ®”π«πÀÿâπ √âÕ¬≈–‡¡◊ËÕ‡∑’¬∫°—∫(Àÿâπ) ®”π«πÀÿâπ∑’Ë®”Àπà“¬‰¥â

·≈â«∑—ÈßÀ¡¥¢Õß∫√‘…—∑œ1. ∫√‘…—∑ ‰¡‡πÕ√å §Õ√åªÕ‡√™—Ëπ ®”°—¥ (¡À“™π) 470,214,558 17.20%2. ∫√‘…—∑ ‰¡‡πÕ√å ‚Œ≈¥‘Èß (‰∑¬) ®”°—¥) 472,481,166 17.28%3. 𓬫‘≈‡≈’ˬ¡ ‡ÕÁ≈≈å«Ÿä¥ ‰Œ‡πÁ§ 194,420,110 7.11%4. SOMERS (U.K.) LIMITED 180,785,180 6.61%5. π“¬π‘µ‘ ‚Õ ∂“πÿ‡§√“–Àå 171,043,247 6.26%6. ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) 166,797,796 6.10%7. 𓬮ÕÀåπ °äÕµ ‰Œ‡πÁ§ 88,268,478 3.23%8. °Õß∑ÿπ√«¡‡æ◊ËÕºŸâ≈ß∑ÿπ´÷Ë߇ªìπ§πµà“ߥ⓫

‚¥¬≈ß∑ÿπ„πÀÿâπ¢Õß∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π) 58,454,635 2.14%9. æ√–∫“∑ ¡‡¥Á®æ√–ª√¡‘π∑√¡À“¿Ÿ¡‘æ≈Õ¥ÿ≈¬‡¥™ 56,141,320 2.05%

10. ∫√‘…—∑ ‰∑¬‡ÕÁπ«’¥’Õ“√å ®”°—¥ 55,514,552 2.03%

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑„π‡§√◊Õ

®”π«πÀÿâπ “¡—≠ (Àÿâπ)∏ÿ√°‘®À≈—° Àÿâπ√«¡ ∂◊ÕÕ¬Ÿà Õ—µ√“°“√∂◊ÕÀÿâπ

1. ∫√‘…—∑ ‚√ß·√¡ √“™¥”√‘ ®”°—¥ (¡À“™π) ‚√ß·√¡‚ø√å ’ —Ëπ å °√ÿ߇∑æœ 45,000,000 22,185,565 90.8%155 ∂ππ√“™¥”√‘ °√ÿ߇∑æœ 10330 (Õ—µ√“°“√∂◊ÕÀÿâπ√«¡ à«π∑’Ë∂◊Õ‚¥¬∫√‘…—∑ √Õ¬—≈°“√凥âπ ‚Œ‡∑≈ ·¡‡πÁ®‡¡âπ∑å ®”°—¥ 18,687,590 Àÿâπ)‚∑√»—æ∑å 66 (0) 2250 0754‚∑√ “√ 66 (0) 2253 9195

1.1 ∫√‘…—∑ √“™¥”√‘ ‡√ ´‘‡¥Áπ´å ®”°—¥ æ—≤𓂧√ß°“√ 5,000,000 4,999,993 100%155 ∂ππ√“™¥”√‘ °√ÿ߇∑æœ 10330 (∂◊ÕÀÿâπ 100% ‚¥¬∫√‘…—∑ ‚√ß·√¡ √“™¥”√‘ ®”°—¥ (¡À“™π)‚∑√»—æ∑å 66 (0) 2250 0754‚∑√ “√ 66 (0) 2253 9195

1.2 ∫√‘…—∑ ≈—° 凴Õ√’ ≈’¡Ÿ ’π ®”°—¥ °‘®°“√¢π àß 1,300,000 1,299,993 100%155 ∂ππ√“™¥”√‘ °√ÿ߇∑æœ 10330 (∂◊ÕÀÿâπ 100% ‚¥¬∫√‘…—∑ ‚√ß·√¡ √“™¥”√‘ ®”°—¥ (¡À“™π)‚∑√»—æ∑å 66 (0) 2250 0754‚∑√ “√ 66 (0) 2253 9195

2. ∫√‘…—∑ ‡®â“æ√–¬“ √’ Õ√å∑ ®”°—¥ ‚√ß·√¡ °√ÿ߇∑æœ ·¡√‘ÕÕ∑ 12,000,000 9,748,670 81.2%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ √’ Õ√å∑ ·Õπ¥å ª“,∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110 ‡Õ √Õ¬—≈°“√凥âπ √’ Õ√å∑‚∑√»—æ∑å 66 (0) 2381 5151 ·≈– »Ÿπ¬å°“√§â“ √Õ¬—≈ °“√凥âπ‚∑√ “√ 66 (0) 23815777-8 æ≈“ à“ °√ÿ߇∑æœ

3. ∫√‘…—∑ ·¡à√‘¡ ‡∑Õ‡√´ √’ Õ√å∑ ®”°—¥ ‚√ß·√¡‚ø√å ’ —Ëπ å 3,000,000 1,359,370 71.4%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ √’ Õ√å∑ ‡™’¬ß„À¡à (Õ—µ√“°“√∂◊ÕÀÿâπ√«¡ à«π∑’Ë∂◊Õ‚¥¬∫√‘…—∑®”°—¥∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110 ‚√ß·√¡ √“™¥”√‘ (¡À“™π) 781,250 Àÿâπ)‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

4. ∫√‘…—∑ ∫â“π‚∫√“≥ ‡™’¬ß√“¬ ®”°—¥ ‚√ß·√¡Õπ—πµ√“ √’ Õ√å∑ 1,650,000 1,649,994 100.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ ·Õπ¥å ª“ ‚°≈‡¥âπ∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110 ‰∑√·Õ߇°‘È≈ ‚√ß·√¡ ‚ø√å ’ —Ëπ å‚∑√»—æ∑å 66 (0) 2381 5151 ‡µÁπ∑巧⡪á‚∑√ “√ 66 (0) 2381 5777-8

5. ∫√‘…—∑ √Õ¬—≈°“√凥âπ ¥’‡«≈≈Õª‡¡âπ∑å ®”°—¥ ‚√ß·√¡ ‡®¥—∫∫≈‘« ·¡√‘ÕÕ∑ 7,000,000 6,999,994 100.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ ¿Ÿ‡°Áµ √’ Õ√å∑ ·Õπ¥å ª“∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

6. ∫√‘…—∑ √Õ¬—≈ °“√凥âπ æ≈“´à“ ®”°—¥ »Ÿπ¬å°“√§â“ 750,000 749,993 100.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ √Õ¬—≈°“√凥âπæ≈“´à“ - æ—∑¬“∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑„π‡§√◊Õ

7. ∫√‘…—∑ √Õ¬—≈°“√凥âπ ‚√ß¿“æ¬πµ√å√–∫∫‚¡™—Ëπ 100,000 99,994 100.0%‡ÕÁπ‡µÕ√å‡∑π‡¡âπ∑å ®”°—¥ ¡“ ‡µÕ√å·≈–æ‘æ‘∏¿—≥±å99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ 燙◊ËÕÀ√◊Õ‰¡àé∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

8. ∫√‘…—∑ √Õ¬—≈ °“√凥âπ ‚Œ‡∑≈ ∫√‘À“√‚√ß·√¡ 170,000 169,993 100.0%·¡‡πÁ®‡¡âπ∑å ®”°—¥99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

9. ∫√‘…—∑ À—«À‘π √’ Õ√å∑ ®”°—¥ ‚√ß·√¡ À—«À‘π ·¡√‘ÕÕ∑ 2,000,000 1,999,994 100.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ √’ Õ√å∑ ·Õπ¥å ª“ ‡Õ∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110 √Õ¬—≈°“√凥âπ √’ Õ√å∑‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

9.1 ∫√‘…—∑ À—«À‘π «‘≈‡≈® ®”°—¥ ‚√ß·√¡ Õπ—πµ√“ 500,000 499,994 100.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ √’ Õ√å∑ ·Õπ¥å ª“ (∂◊ÕÀÿâπ 100 % ‚¥¬∫√‘…—∑ À—«À‘π √’´Õ√å∑ ®”°—¥)∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

10. ∫√‘…—∑ ¡ÿ¬ √’ Õ√å∑ ·Õπ¥å ª“ ®”°—¥ ‚√ß·√¡Õπ—πµ√“ √’ Õ√å∑ 100,000 99,994 100.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ ·Õπ¥å ª“ ¡ÿ¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

11. ∫√‘…—∑ ¡ÿ¬ «‘≈‡≈® ®”°—¥ ‚√ß·√¡„À¡à-‡°“– ¡ÿ¬ 10,000 9,994 100.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

12. ∫√‘…—∑ ¡ÿ¬ ∫’™ ‡√ ‘‡¥âπ∑å ®”°—¥ æ—≤π“Õ —ßÀ“√‘¡∑√—æ¬å 10,000 9,993 100.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

®”π«πÀÿâπ “¡—≠ (Àÿâπ)∏ÿ√°‘®À≈—° Àÿâπ√«¡ ∂◊ÕÕ¬Ÿà Õ—µ√“°“√∂◊ÕÀÿâπ

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑„π‡§√◊Õ

®”π«πÀÿâπ “¡—≠ (Àÿâπ)∏ÿ√°‘®À≈—° Àÿâπ√«¡ ∂◊ÕÕ¬Ÿà Õ—µ√“°“√∂◊ÕÀÿâπ

13. ∫√‘…—∑ Õ“√å‡ÕÁπ‡Õ ‚Œ≈¥‘Èß ®”°—¥ ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å 4,200,237 3,040,422 72.4%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

14. ∫√‘…—∑ ‡ÕÁ¡‰Õ ·§«√å ®”°—¥ æ—≤π“Õ —ßÀ“√‘¡∑√—æ¬å 10,000 9,993 100.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

15. ∫√‘…—∑ Õ“√å®’Õ“√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ≈ß∑ÿπ 100,000 100,000 100.0%µ÷°‚Õ¡“ ŒÕ¥, «‘§·Œ¡ ‡§ 1,‚√¥ ∑“«πå, ∫√‘∑‘™ ‡«Õ√宑Èπ ‰Õ·≈π¥å

15.1 ∫√‘…—∑ ¬Ÿ‚∑‡ªï¬ ‚Œ≈¥‘Èß ‰æ√‡«∑ ®”°—¥ ‚√ß·√¡ - ¡—≈¥’ø å 1,000,000 500,000 50%39, Orchid Magu, Maafannu (∂◊ÕÀÿâπ 50 % ‚¥¬∫√‘…—∑ Õ“√å®’Õ“√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥)Male, Maldives

15.2 ∫√‘…—∑ Œ“√å‡∫Õ√å«‘« ®”°—¥ ‚√ß·√¡Œ“√å‡∫Õ√å«‘« 6,848,743 1,368,998 20.0%4 ∂ππ∑√“π øŸ ·≈–ÕÕøøî»∑“«‡«Õ√å (∂◊ÕÀÿâπ‚¥¬∫√‘…—∑ Õ“√å®’ Õ“√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥)‰ŒøÕß ‡«’¬¥π“¡ ‰ŒøÕß - ‡«’¬¥π“¡ ‡Õ

√Õ¬—≈°“√凥âπ∑å √’´Õ√å∑

16. ∫√‘…—∑ ‡ÕÁ¡ ª“ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ »Ÿπ¬å∫√‘°“√‡æ◊ËÕ ÿ¢¿“æ 410,000 209,095 100.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ (Õ—µ√“°“√∂◊ÕÀÿâπ√«¡ à«π∑’Ë∂◊Õ‚¥¬∫√‘…—∑ Õ“√å®’Õ“√å Õ‘π‡µÕ√å∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110 ‡π™—Ëπ·π≈ ®”°—¥ 200,900 Àÿâπ)‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

16.1 ∫√‘…—∑ ‡ÕÁ¡ ª“‡«π‡®Õ√å ®”°—¥ »Ÿπ¬å∫√‘°“√‡æ◊ËÕ ÿ¢¿“æ 50,000 50,000 100.0%MSpa Ventures Limited „π¿Ÿ¡‘¿“§‡Õ‡™’¬µ–«—πÕÕ° (∂◊ÕÀÿâπ100% ‚¥¬∫√‘…—∑ ‡ÕÁ¡ ª“ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥)Pasea Estate, Road Town, TortolaBritish Virgin Islands

16.2 ∫√‘…—∑ ‡ÕÁ¡ ª“ ‡ÕÁπ‡µÕ√å‰æ√â å »Ÿπ¬å∫√‘°“√‡æ◊ËÕ ÿ¢¿“æ 140,000 140,000 100.0%·¡‡π®‡¡âπ∑å ®”°—¥ „πª√–‡∑»®’π (∂◊ÕÀÿâπ100% ‚¥¬∫√‘…—∑‡ÕÁ¡ ª“ ‡«π‡®Õ√å ®”°—¥)Suite 03, 12/F, BlockA, 18 Tao Lin RoadPudong New Area, Shanghai, China

16.3 ∫√‘…—∑ Õ“√“‡∫’¬π ª“ (¥Ÿ‰∫) ®”°—¥ »Ÿπ¬å∫√‘°“√‡æ◊ËÕ ÿ¢¿“æ 300 147 49.0%PO Box 88, Dubai, UAE „π À√—∞Õ“À√—∫‡Õ¡‘‡√µ å (∂◊ÕÀÿâπ 49% ‚¥¬∫√‘…—∑ ‡ÕÁ¡ ª“ ‡«π‡®Õ√å ®”°—¥)

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑„π‡§√◊Õ

17. ∫√‘…—∑ Õ“√å ®’ Õ’ (ŒàÕß°ß) ®”°—¥ ∫√‘À“√ß“π 100,000 99,999 100.0%™—Èπ 5 «‘ßÕÕπ‡´Áπ‡µÕ√å111 ∂ππ§ÕππÕ™ ‡´Áπ‡µÕ√å ŒàÕß°ß

18. ∫√‘…—∑ ‰¡â¢“« ‡«‡§™—Ëπ «‘≈≈à“ ®”°—¥ ‚§√ß°“√ªíπ à«π‡«≈“ 400,000 199,998 50.0%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ æ—°ºàÕπ - ¿Ÿ‡°Áµ∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

19. ∫√‘…—∑ ‚§‚§â ª“≈å¡ ‚Œ‡µÁ≈ ‚√ß·√¡Õπ—πµ√“ ‚§‚§â 925,490 601,903 65.0%·Õπ¥å √’ Õ√å∑ ®”°—¥ ª“≈å¡ √’ Õ√å∑392/12 ∂ππ ÿ¢ÿ¡«‘∑ §≈Õ߇µ¬ °√ÿ߇∑æœ 10110 ·Õπ¥å ª“ ‡¢“À≈—° (√«¡ à«π¢ÕßÀÿâπ∫ÿ√‘¡ ‘∑∏‘Ï 129,906 Àÿâπ)‚∑√»—æ∑å 66 (0) 2381 5151‚∑√ “√ 66 (0) 2381 5777-8

20. °Õß∑ÿπ√«¡‰∑¬‚ª√‡®Á§∑å æ√ÁÕæ‡æÕ√åµ’È øíπ¥å ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å 10,490,634 10,480,635 100.0%°Õß∑ÿπ√«¡‰∑¬‚ª√‡®Á§∑å æ√ÁÕæ‡æÕ√åµ’È øíπ¥åC/O ∫√‘…—∑À≈—°∑√—æ¬å®—¥°“√°Õß∑ÿπ√«¡™—Èπ 30-32 Õ“§“√‡≈§√—™¥“ 193-195 ∂ππ√—™¥“¿‘‡…°§≈Õ߇µ¬ °√ÿ߇∑æ 10110

21. °Õß∑ÿπ√«¡∫√‘À“√ ‘π∑√—æ¬å‰∑¬ ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å 102,402,300 27,380,000 26.7%11 Õ“§“√§‘«‡Œâ“ å “∏√ ™—Èπ‡ÕÁ¡ ∂ππ “∑√„µâ∑ÿàß¡À“‡¡¶ “∑√ °√ÿ߇∑æ 10120‚∑√»—æ∑å 66 (0) 2670 4900‚∑√ “√ 66 (0) 2670 1820

22. °Õß∑ÿπ√«¡Õ —ßÀ“√‘¡∑√—æ¬å∑√—æ¬å∑«’ ≈ß∑ÿπ„πÕ —ßÀ“√‘¡∑√—æ¬å 50,000,000 5,000,000 10.00%11 Õ“§“√§‘«‡Œâ“ å “∑√ ™—Èπ‡ÕÁ¡ ∂ππ “∑√„µâ∑ÿàß¡À“‡¡¶ “∑√ °√ÿ߇∑æ 10120‚∑√»—æ∑å 66 (0) 2670 4900‚∑√ “√ 66 (0) 2670 1820

23. ∫√‘…—∑ ‡¥Õ– ‰¡‡πÕ√å øŸÑ¥ °√ÿäª ®”°—¥ (¡À“™π) ∏ÿ√°‘®‡§√◊Õ¢à“¬ 32,730,684 32,621,397 99.67%99 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å ™—Èπ 15-16 ´Õ¬√Ÿ‡∫’¬ √â“πÕ“À“√∫√‘°“√¥à«π∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

23.1 ∫√‘…—∑ ‡«π‡´àπ å (‰∑¬) ®”°—¥ √â“π‰Õ»§√’¡ - ‡«π‡ àπ å 1,000,000 999,994 100%99 ‡∫Õ√å≈’ˬÿ§‡°Õ√å‡Œâ“ å ™—Èπ 15,16 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

®”π«πÀÿâπ “¡—≠ (Àÿâπ)∏ÿ√°‘®À≈—° Àÿâπ√«¡ ∂◊ÕÕ¬Ÿà Õ—µ√“°“√∂◊ÕÀÿâπ

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∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑„π‡§√◊Õ

23.2 ∫√‘…—∑ ‰¡‡πÕ√å ¥’§‘« ®”°—¥ §‘ÕÕ - ·¥√’Ë §«’π 160,000 159,994 100%99 ‡∫Õ√å≈’ˬÿ§‡°Õ√å‡Œâ“ å ™—Èπ 15 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

23.3 ∫√‘…—∑ ‰¡‡πÕ√å ™’ ®”°—¥ º≈‘µ‡π¬·¢Áß 600,000 599,993 100%99 ‡∫Õ√å≈’ˬÿ§‡°Õ√å‡Œâ“ å ™—Èπ 16 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

23.4 ∫√‘…—∑ ‰¡‡πÕ√å ·¥√’Ë ®”°—¥ º≈‘µ‰Õ»§√’¡ 600,000 599,993 100%99 ‡∫Õ√å≈’ˬÿ§‡°Õ√å‡Œâ“ å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

23.5 ∫√‘…—∑ Õ“√å.®’.Õ“√å.øŸÑ¥ ‡´Õ√å«‘ ®”°—¥ √â“πÕ“À“√ 10,000 9,994 100%99 ‡∫Õ√å≈’ˬÿ§‡°Õ√å‡Œâ“ å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

23.6 ∫√‘…—∑ ‡Õ ·Õ≈Õ“√å∑’ ®”°—¥ √â“πÕ“À“√ -´‘´´å‡≈àÕ√å 4,000,000 3,999,993 100%99 ‡∫Õ√å≈’ˬÿ§‡°Õ√å‡Œâ“ å ™—Èπ12 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

23.7 ∫√‘…—∑ ‡¥Õ– æ‘ ´à“ √â“πÕ“À“√ 100,000 99,993 100%‡√ µ—«√Õß∑å ®”°—¥99 ‡∫Õ√å≈’ˬÿ§‡°Õ√å‡Œâ“ å ™—Èπ 15,16 ´Õ¬√Ÿ‡∫’¬ (¬—߉¡à‰¥â‡√‘Ë¡ª√–°Õ∫°‘®°“√)∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

®”π«πÀÿâπ “¡—≠ (Àÿâπ)∏ÿ√°‘®À≈—° Àÿâπ√«¡ ∂◊ÕÕ¬Ÿà Õ—µ√“°“√∂◊ÕÀÿâπ

Page 237: Annual Report 2005 EN

235√“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑„π‡§√◊Õ

23.8 ∫√‘…—∑ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ (®¥∑–‡∫’¬π ·≈–„Àâ„™â 1,800,000 1,800,000 100%·ø√π‰™ å ‚Œ≈¥‘Èß (≈“∫«π) ®”°—¥ ‡§√◊ËÕßÀ¡“¬∫√‘°“√/Level 7(E), Main Office Tower, ‡§√◊ËÕßÀ¡“¬°“√§â“)Financial Park Labuan, Jalan Merdeka, 87000 Labuan, F.T.Labuan, MalaysiaTelephone (087) 443 118/188 Fax. (087) 441 288

23.9 ∫√‘…—∑ ‡∫Õ√凰Õ√å (ª√–‡∑»‰∑¬) ®”°—¥ √â“πÕ“À“√-‡∫Õ√凰Õ√å§‘ß 1,000,000 949,994 95%99 ‡∫Õ√å≈’ˬÿ§‡°Õ√å‡Œâ“ å ™—Èπ12 ´Õ¬√Ÿ‡∫’¬∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

23.10 ∫√‘…—∑ ´’‡≈§ ‡´Õ√å«‘ √â“πÕ“À“√-∑à“Õ“°“»¬“π 450,000 229,494 51%æ“√å∑‡πÕ√å ®”°—¥ °√ÿ߇∑æœ/‡™’¬ß„À¡à99 ‡∫Õ√å≈’ˬÿ§‡°Õ√å‡Œâ“ å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ ¿Ÿ‡°Áµ/À“¥„À≠à∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

23.10.1∫√‘…—∑ ´’‡≈§ ‡´Õ√å«‘ √â“πÕ“À“√ -°—¡æŸ™“ 1,000 1,000 100%æ“√å∑‡πÕ√å (·§¡‚∫‡¥’¬) ®”°—¥ (∂◊ÕÀÿâπ 100 % ‚¥¬ ∫√‘…—∑ ’‡≈§ ‡´Õ√å«‘ æ“√å∑‡πÕ√å ®”°—¥)Phnom Penh International AirportNational Road No.4 Sangkat Kakap, Khan Dangkor, Phnom PenhKingdom of Cambodia

23.11 ∫√‘…—∑ ‡§‡∑Õ√‘Ëß ·Õ ‚´ ‘‡Õµ å ®”°—¥ „Àâ∫√‘°“√Õ“À“√ ®—¥∑’Ëæ—° 50,000 25,495 51%99 ‡∫Õ√å≈’ˬÿ§‡°Õ√å‡Œâ“ å ™—Èπ16 ´Õ¬√Ÿ‡∫’¬ °“√ —°√’¥ ∫π·∑àπ¢ÿ¥‡®“–∂ππ ÿ¢ÿ¡«‘∑ 42 §≈Õ߇µ¬ °√ÿ߇∑æœ 10110‚∑√»—æ∑å 66 (0) 2381 5123-32‚∑√ “√ 66 (0) 2381 5118-9

23.12 ∫√‘…—∑ ‰™πà“øŸÑ¥°√ÿäª ®”°—¥ √â“πÕ“À“√ 2,700 500 18.52%‡ÕÁ¡·Õπ¥å ’ §Õ√åªÕ‡√™—Ëπ ‡´Õ√å«‘ ®”°—¥µŸâ‰ª√…≥’¬å 309 ®’∑’¡ ‡Õ‘È°·≈π¥å‡Œâ“ å∂ππ‡´“∑凙‘™‡¡◊Õß®Õ√å™∑“«πå·°√π¥å‡§¬å·¡π À¡Ÿà‡°“–‡§¬å·¡π

®”π«πÀÿâπ “¡—≠ (Àÿâπ)∏ÿ√°‘®À≈—° Àÿâπ√«¡ ∂◊ÕÕ¬Ÿà Õ—µ√“°“√∂◊ÕÀÿâπ

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236 √“¬ß“πª√–®”ªï 2548

∫√‘…—∑ ‰¡‡πÕ√å Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ (¡À“™π)

¢âÕ¡Ÿ≈∑—Ë«‰ª

∏ÿ√°‘®À≈—°‡ªìπºŸâ¥”‡π‘π∏ÿ√°‘® Õ“À“√·≈–‡§√◊ËÕߥ◊Ë¡ æ—≤𓂧√ß°“√ ·≈–≈ß∑ÿπ„π∏ÿ√°‘®‚√ß·√¡ ·≈–æ◊Èπ∑’˧⓪≈’° √«¡∑—Èß°“√≈ß∑ÿπ„π∏ÿ√°‘®∑’˵àÕ‡π◊ËÕß°—π

”π—°ß“π„À≠à™—Èπ∑’Ë 16 Õ“§“√‡∫Õ√å≈’ˬÿ§‡°Õ√å 99 ´Õ¬√Ÿ‡∫’¬ ∂ππ ÿ¢ÿ¡«‘∑ 42 °√ÿ߇∑æ¡À“π§√ 10110 ª√–‡∑»‰∑¬‡≈¢∑–‡∫’¬π∫√‘…—∑ 0107536000919 (‡¥‘¡ ∫¡®.165)‚∑√»—æ∑å 66 (0) 2381 5151 ‚∑√ “√ 66(0) 2381 5777-8Home Page http://www.minornet.com

∑ÿπ‡√◊ÕπÀÿâπ ≥ 31 ∏—𫓧¡ 2548∑ÿπ®¥∑–‡∫’¬π: 3,297,854,371 ∫“∑ ·∫à߇ªìπÀÿâπ “¡—≠ 3,097,854,371 Àÿâπ ·≈– Àÿâπ∫ÿ√‘¡ ‘∑∏‘ 200,000,000 Àÿâπ

¡Ÿ≈§à“Àÿâπ≈– 1 ∫“∑∑ÿπ∑’ËÕÕ°®”Àπà“¬·≈–™”√–·≈â«: 2,733,656,269 ∫“∑ ·∫à߇ªìπÀÿâπ “¡—≠ 2,670,136,269 Àÿâπ ·≈– Àÿâπ∫ÿ√‘¡ ‘∑∏‘ 63,520,000 Àÿâπ

¡Ÿ≈§à“Àÿâπ≈– 1 ∫“∑

π“¬∑–‡∫’¬πÀ≈—°∑√—æ¬åπ“¬∑–‡∫’¬πÀÿâπ “¡—≠ „∫ ”§—≠· ¥ß ‘∑∏‘∫√‘…—∑ »Ÿπ¬å√—∫Ω“°À≈—°∑√—æ¬å (ª√–‡∑»‰∑¬) ®”°—¥Õ“§“√µ≈“¥À≈—°∑√—æ¬å·Ààߪ√–‡∑»‰∑¬‡≈¢∑’Ë 62 ∂ππ√—™¥“¿‘‡…° ·¢«ß§≈Õ߇µ¬ ‡¢µ§≈Õ߇µ¬ °√ÿ߇∑æ¡À“π§√ 10110‚∑√»—æ∑å 66 (0) 2229 2800 ‚∑√ “√ 66 (0) 2359 1259

π“¬∑–‡∫’¬πÀÿâπ°Ÿâ(RGR §√—Èß∑’Ë 1/2545, 1/2547) (RGR §√—Èß∑’Ë 2/2547) (MINT §√—Èß∑’Ë 1/2548)∏𓧓√¥’∫’‡Õ ‰∑¬∑πÿ ®”°—¥ (¡À“™π) ∏𓧓√∑À“√‰∑¬ ®”°—¥ (¡À“™π)393 ∂ππ ’≈¡ ‡¢µ∫“ß√—° 3000 ∂ππæÀ≈‚¬∏‘π ·¢«ß≈“¥¬“« °√ÿ߇∑æ¡À“π§√ ‡¢µ®µÿ®—°√ °√ÿ߇∑æ¡À“π§√‚∑√»—æ∑å 66 (0) 2230 6295

ºŸâ Õ∫∫—≠™’∫√‘…—∑ ‰æ√â «Õ‡µÕ√凌“ 姟‡ªÕ√å ‡Õ∫’‡Õ‡Õ ®”°—¥‚¥¬π“¬∫ÿ≠¡’ ߥߓ¡«ß»å ·≈–/À√◊Õπ“¬¢®√‡°’¬√µ‘ Õ√ÿ≥‰æ‚√®π°ÿ≈ºŸâ Õ∫∫—≠™’√—∫Õπÿ≠“µ‡≈¢∑’Ë 3673 ·≈– 3445 µ“¡≈”¥—∫™—Èπ 15 ∫“ß°Õ° ‘µ’È∑“«‡«Õ√å ‡≈¢∑’Ë 179/74-80 ∂ππ “∑√„µâ °√ÿ߇∑æœ 10120‚∑√»—∑æå 66 (0) 2286 9999 ‚∑√ “√ 66 (0) 2286 5050

∑’˪√÷°…“°ÆÀ¡“¬∫√‘…—∑ ∑’˪√÷°…“°ÆÀ¡“¬ “°≈ ®”°—¥ ”π—°ß“π°ÆÀ¡“¬¥ÿ≈¬¿“æ‡≈¢∑’Ë 175 Õ“§“√ “∏√ ‘µ’È∑“«‡«Õ√å ∂ππ “∑√„µâ ‡≈¢∑’Ë 560/72 ∂ππ¥‘π·¥ß ·¢«ß “¡‡ π„π·¢«ß∑ÿàß¡À“‡¡¶ ‡¢µ “∑√ °√ÿ߇∑æœ10120 ‡¢µæ≠“‰∑ °√ÿ߇∑æœ10400‚∑√»—æ∑å 66 (0) 2679 6005 ‚∑√ “√ 66 (0) 2679 6041 ‚∑√»—æ∑å 66 (0) 2245 5815-9

∫√‘…—∑ ”π—°ß“π°ÆÀ¡“¬ “°≈ ¬“¡æ√’‡¡’¬√å ®”°—¥ ∫√‘…—∑ Œ—πµ—π ·Õπ¥å «‘≈‡≈’¬¡ å (‰∑¬·≈π¥å) ®”°—¥™—Èπ 24 ·≈– 25 Õ“§“√‰∑¬«“ 2 ™—Èπ 17 Õ“§“√‰∑¬«“ 221/147-50 ∂ππ “∑√„µâ °√ÿ߇∑æœ 10120 ‡≈¢∑’Ë 21/125-128 ∂ππ “∑√„µâ °√ÿ߇∑æœ 10120‚∑√»—æ∑å 66 (0) 2679 1333 ‚∑√ “√ 66 (0) 2679 1314 ‚∑√»—æ∑å 66 (0) 2677 4690 ‚∑√ “√ 66 (0) 2677 4691-2

Page 239: Annual Report 2005 EN

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™—Èπ 16 Õ“§“√‡∫Õ√å≈’Ë ¬ÿ§‡°Õ√å 99 ´Õ¬√Ÿ‡∫’¬ ∂ππ ÿ¢ÿ¡«‘∑ 42 °√ÿ߇∑æœ 10110 ª√–‡∑»‰∑¬‚∑√»—æ∑å +66(0) 2381 5151 ‚∑√ “√ +66(0) 2381 5777 www.minornet.com