asian: annual report 2012

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2 49

()

2555 () 2555 10,301.7 210.1 2.0 2554 502.0 4.8 8.5 2554 43.3 192.2 46.53 535.3 247.1 275.1 45.2 (Pet Food) 2555 (EMS: Early Mortality Syndrome) 2556 2555 2555 2555 () ( )

1

()

3

, , 2556 2555 4 87 2555 1. 2554 3 2555 2. () 2552 2555 () 2556 3. 2556 4687 5131 2556 2556 1 1.7

( )

2

()

1

1. () : : 27 2525 : 361.82 ( 1 ) : 0107536001061 ( .180) : http://www.asianseafoods.co.th : 742 10110 (02) 249-7113, (02) 249-5255, (02) 249-9324 (02) 249-5256, (02) 249-3605, (02) 249-3675 2 : 55/2 2 2 74000 (034) 822204-7, (034) 822700-6 (034) 822407, (034) 822698-9, (034) 822706 1 () : : 18 2536 : 100 ( 10 ) : 55/2 2 2 74000 (034) 822204-7, (034) 822700-6 (034) 822407, (034) 822698-9, (034) 822706 : 57 4 84130 (077) 276888 (077) 276811, (077) 276822, (077) 276833 : () 100%

3

()

2 : : 15 2548 : 1,200 ( 10 ) : 55/2 2 2 74000 (034) 822204-7, (034) 822700-6 (034) 822407, (034) 822698-9, (034) 822706 : 8/8 3 2 74000 (034) 845566-8 , (034) 845575-91 (034) 845547, (034) 845593 : () 100% 3 : : 19 2531 : 500 ( 100 ) : 55/2 2 2 74000 (034) 822204-7, (034) 822700-6 (034) 822407, (034) 822698-9, (034) 822706 : 239 3 . 180-181 76130 (032) 437922-4 (032) 437134-5 : () 100%

4

()

4 () : : 2 2532 : 300 ( 100 ) : 55/2 2 2 74000 (034) 822204-7, (034) 822700-6 (034) 822407, (034) 822698-9, (034) 822706 : 211 10 8 20230 (038) 760303-5 (038) 340192 : 100% 5 : : 12 2555 : 1 ( 10 ) : 55/2 2 2 74000 (034) 822204-7, (034) 822700-6 (034) 822407, (034) 822698-9, (034) 822706 : 742 10110 (02) 249-7113, (02) 249-5255, (02) 249-9324 (02) 249-5256, (02) 249-3605, (02) 249-3675 : () 99.98%

5

()

(1) () 4, 7 62 10110 (02) 229-2800 (02) 359-1259 (2) () 1. 4687 2. 5131 5 4995 2210/51 10110 . (02) 678-0750-4 (02) 678-0661 E-mail: [email protected] [email protected]

6

()

2. 2.1 80 (Commodity products) Q 30 Q / (1) ( ) (2) (3) Q Q Q 300 2.2 68.25

7

()

2.3 - EU - (BRITISH RETAIL CONSORTIUM STANDARD : BRC), ISO 9001, ISO 14001, ISO 18001, ISO 17025, HACCP, IFS, BAP HALAL 2.4 1 2.5 1,368 31 2555 572.1 1 307.6 2 2555

8

()

3. 3.1 5 .. 2551 .. 2552 20 (10 10 ) (CHIEF OPERATING OFFICER) (CHICKEN OF THE SEA) () .. 2553 100,000 .. 2554 2554 () () 12,000

9

()

100 12,000 .. 2555 () 84,000 () 16,240

10

()

3.2 () () 4 () ()

()

% 2555 2554 2553 ASIAN ASIAN - 1,056.7 2,588.8 822.6 2,967.1 681.3 3,385.7 SURAT 100 17.6 2,201.9 76.5 1,983.3 21.7 1,950.4 SRIRACHA 100 * 0.36 - - - - 88.8 AAI 100 248.8 2,183.1 294.1 2,070.5 274.6 1,819.4 FOOD 100 - - - - - - FEED 100 1,932.2 56.8 2,266.5 25.4 1,964.2 12.9 ASIAN & - 91.2 - 73.8 - 104.7 - SRIRACHA 75.8 - 68.0 - 101.3 - 3,271.1 7,030.6 3,465.5 7,046.3 2,945.2 7,257.2 ASIAN () SURAT () AAI FEED SRIRACHA () * 100% FOOD

11

()

()

12

()

4. 4.1 () () TCC, SAKURA ASIAN SEAFOODS 3 1. 2. 3. () () ASP, TCC 5 1. 2. 3. 4. 5. OCEANUS 4 1. Pouch 2. 3. 4. 5. () () ASIAN FEED

13

()

.. 2520 - () - 1 1887(3)/2548 17 2548 - 1 1651(3)/2549 26 2548 - 1 1982(3)/2554 1 2554 - () - 1 1579(2)/2546 3 2546 - - 1 1604 (2)/2549 16 2548 - 1 1920(2)/2554 2 2554 (PET FOOD) - - 1 1658(2)/2554 14 2553 - () - 1 1683(5)/2555 20 2555

14

()

1. 2. 3. ( 2) 4. 4.2 (Demand & Supply) (Dealer) (Importer) (Broker) (Wholesaler)

15

()

1. 2. 3. BRC, ISO, HALAL, IFS, BAF (HACCP) 4. 5. 6. 1. (Suppliers) 2 2.

16

()

2-3 30 2555 44 33 9 6 4 4 81 13 6 26, 25, 11, 10, 10, 7, 6 4 - 68.25 31.75 - 4 1. (Wholesaler) 2. (Importer) (Wholesaler Chain) 3. (Re-processor) 4. (Restaurant Chain) 10 (VANNAMEI) (VANNAMEI)

17

()

(Supply) 4.3 4.3.1 . 30 90 190 - - 2 - -

18

()

. 4.4 . . -

19

()

5. . () 31 2555 () 1. 666.74 2. 439.56 3. (1) 232.51 (2) 8.73 (3) 12.31 (4) 12.71 266.26 1,372.56 . 5 31 2555 () 1. 934.33 2. 919.18 3. (1) 946.50 (2) 20.16 (3) 70.25 (4) 156.31 1,193.22 3,046.73 . - - . 31 2555 .

20

()

6.

21

()

7. 7.1 31 2555 361,820,468 361,820,468 1 7.2 28 2555 % 1. 164,292,814 45.41 2. 47,610,000 13.16 3. 15,508,910 4.29 4. 14,000,000 3.87 5. .. 13,720,000 3.79 6. 13,720,000 3.79 7. .. 8,984,684 2.48 8. 7,778,300 2.15 9. 7,000,000 1.93 10. 7,000,000 1.93 11. 6,955,324 1.92 12. .. 4,765,500 1.32 13. 4,114,568 1.14 14. 46,370,368 12.82 () 361,820,468 100.00 () 1 - 219.68 60.72 - 99.95 0.05 7.3 () 2555

22

()

8. 8.1 3 8.1.1 8.1.2 8.1.3 8.1.1 . (1) (2) (3) / (4) (5) . 12 12 4 - (1) (2) 1 (3)

23

()

8.1.2 . (1) (2) (3) (4) (5) 300 (6) . 7 8.1.3 . (1) (2) (Internal control) (Internal audit) (3) (4) 1 (5) (6) (7)

24

()

. 4 . 8.2 (1) 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. (2) 1. 2. 3. 4. 5. 6. 7. (3) 1. 2. 3. 4.

25

()

(4) 1. 2. () 3. () 4. 5. () 6. () () 7. () () () 8. 9. () 1 8.3 . () 6 (1) (2) (3) (4) (5) (6) . 1) 6 1 5 6

26

()

2) 3) 4) (.) 5) 6) - 7) 8) 12 8 4

27

()

9) 10) . 2555 () () 1. - 2. - 3. ( 28 .. 50) - 4. ( 7 .. 51) - 5. ( 16 .. 52) - 6. ( 24 .. 55) - 7. ( 27 .. 55) - 8. ( 27 .. 55) 120,000 9. ( 15 .. 51) 120,000 150,000 10. ( 27 .. 55) 90,000 11. ( 25 .. 55) 30,000 12. ( 8 .. 55) 60,000 180,000 . 2555 ( ) ()

9 21,554,108 11) 3

28

()

2555 7 4 () 7 4 1. 7 2. 4 3. 7 4. 7 5. 7 6. ( 24 ..55) 5 7. ( 24 ..55) 5 8. ( 12 ..55) 3 9. ( 27 ..55) 5 3 10. 7 4 11. ( 27 ..55) 5 3 12. ( 25 ..55) 1 1 13. ( 8 ..55) 2 2 12) 13) 14) 2555

29

()

15) www.asiangroup.co.th (On-line) (034)822700-6 2111 [email protected] 8.4 . 31 2555 ( : )

ASIAN SURAT AAI FEED SRIRACHA FOOD

2,235 616 2,108 268 316 - 5,543 : 1 8 (8.00 - 17.00 ) 1 - 4 . 2555

( : )

ASIAN SURAT AAI FEED SRIRACHA FOOD

299 169 214 47 31 - 760 ASIAN () SURAT () AAI FEED SRIRACHA () FOOD

30

()

9. () 2555 1. 2555 2. 2 () 2556 3. 4. 2555 / 2555

31

()

10. - - - () - - - - - - - - - () - - -

( : ) 31 2555 2554 2555 2554 () - - 106.3 94.0 - - 271.3 221.6 - - 75.8 68.0 - - 15.0 9.7 - - 7.8 27.1 - - 1.1 2.00 - - 6.3 8.0 - - 19.9 14.4 - - 155.0 400.0 17 - - 3.2 3.6 - - 9.0 16.6 - - 4.8 7.4

32

()

11. 11.1 (1) () 1) 4687 2) 5131 5 4995 2210/51 10110 02-6780750-4 02-6780661 E-mail: [email protected] [email protected] (2) 3 3 (3)

33

()

34

() 31

( : )

2555 2554 2553 % % % 67,288 0.96 39,309 0.67 34,962 0.71 - 1,182,098 16.91 691,052 11.86 791,797 16.04 72,032 1.03 50,853 0.87 38,877 0.79 - 2,590,365 37.05 2,443,741 41.96 1,650,159 33.44 9,898 0.14 - - 14,721 0.30 3,921,681 56.08 3,224,955 55.37 2,530,516 51.28 - 3,046,732 43.57 2,579,731 44.29 2,380,037 48.23 - 24,058 0.34 19,930 0.34 24,488 0.49 6,992,471 100.00 5,824,616 100.00 4,935,041 100.00

()

() 31

( : )

2555 2554 2553 % % % 3,551,118 50.78 2,277,418 39.10 1,427,005 28.92 450,382 6.44 358,183 6.15 427,121 8.65 148,826 2.13 217,002 3.73 207,761 4.21 307,600 4.40 282,000 4.84 245,800 4.98 - - 77,605 1.33 - - 51 0.01 - - 2,928 0.06 4,457,977 63.76 3,212,209 55.15 2,310,615 46.82 264,500 3.78 572,100 9.82 838,729 17.00 76,846 1.10 63,790 1.10 - - 21,249 0.30 25,466 0.44 12,973 0.26 4,820,572 68.94 3,873,565 66.51 3,162,317 64.08 361,820 5.17 361,820 6.21 361,820 7.33 552,814 7.91 552,814 9.49 552,814 11.20 41,000 0.59 41,000 0.70 41,000 0.83 790,393 11.30 816,738 14.02 638,381 12.94 425,872 6.09 178,679 3.07 178,709 3.62 2,171,899 31.06 1,951,051 33.49 1,772,724 35.92 6,992,471 100.00 5,824,616 100.00 4,935,041 100.00

35

()

()

31

( : ) 2555 2554 2553 % % % 10,301,653 100.00 10,511,761 100.00 10,202,475 100.00 9,799,633 95.13 9,613,943 91.46 9,558,164 93.68 () 502,020 4.87 897,818 8.54 644,311 6.32 121,539 1.18 126,238 1.20 61,004 0.59 133,431 1.30 - - 230,396 2.26 () 756,990 7.35 1,024,056 9.74 935,711 9.17 329,179 3.20 398,275 3.79 493,828 4.84 183,878 1.78 143,646 1.37 110,436 1.08 22,304 0.22 39,972 0.38 35,086 0.34 - - 61,794 0.58 - - - - - - - - 535,361 5.20 643,687 6.12 639,350 6.26 () 221,629 2.15 380,369 3.62 296,361 2.91 192,207 1.87 148,857 1.42 102,307 1.00 () 29,423 0.28 231,512 2.20 194,054 1.91 1,494 0.01 1,639 0.01 8,455 0.08 () 27,928 0.27 229,873 2.19 185,599 1.83

() 0.08 0.64 0.51

36

()

()

31

( : ) 2555 2554 2553 () 29,423 231,512 194,053 199,019 170,535 204,152 874 (6,628) (23,344) () (17,493) 16,485 (17,404) () (525) - - () (486) - - () (13,453) (6,824) (691) () 6,321 10,929 (27,618) () (9,898) 77,605 (14,721) 13,307 12,274 - 192,206 148,857 102,307 399,296 654,745 416,734 () (492,586) 113,630 7,109 (15,581) 1,168 32,557 (129,130) (810,068) (62,905) (77,605) 14,721 (8,473) (2,198) (5,594) 25 () 96,791 (70,069) 70,909 (68,770) (6,865) 42,800 (678) (3,560) 3,999

37

()

38

2555 2554 2553 () (290,462) (111,893) 502,755 (194,431) (139,835) (100,708) (7,042) (10,742) (14,711) (252) - - () (492,187) (262,470) 387,336 894 4,072 - (409,549) (328,642) (443,258) 17,689 7,863 1,500 (2,216) (60) (505) () (393,182) (316,766) (442,263) () 1,263,446 834,437 235,314 - - - (13,825) (20,424) (4,277) - 21,071 66,929 (282,000) (251,500 ) (311,200 ) (54,273) - - () 913,348 583,584 (13,234) (15) 21 64 () 27,979 4,347 (68,097) 39,309 34,962 103,053 67,288 39,309 34,956

()

() 2555 2554 2553

(LIQUIDITY) () () () () () () () () () (%) (%) (%) (%) (%) () () () () () (%) (%) (%) (%) (%)

1.00 0.24 10.60 34.00 4.70 77.00 24.48 15.00 96.00 8.54 2.19 11.78 4.27 9.27 1.95 1.99 2.56 5.39 0.64 18.03 22.49 3.03 0.68 23.85

1.10 0.38 9.72 37.00 5.94 61.00 24.41 15.00 83.00 6.32 1.82 10.47 3.87 8.24 2.13 1.78 2.90 4.90 0.51 5.74 2.68 2.23 7.77 63.79

39

0.88 0.30 8.70 42.00 3.89 93.00 24.24 15.00 120.00 4.87 0.27 1.29 0.44 0.99 1.61 2.22 1.15 6.00 0.08 20.05 24.45 (2.00) (16.83) (87.85)

()

11.2 () 210.1 2.0 8.5 4.9 67.6 2.63 31 2555 () 28 230 88 1) 2554 396 44 2) 133 62 3) 192 43 29 () 6,992.5 1,167.9 20.05 4,820.6 947.0 24.45 2,171.9 220.8 11.32 2555

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ASIAN SURAT AAI SRIRACHA FEED FOOD 1. P P P P P P 2. E, D D D D D D 3. E, D D D 4. E, D D D D 5. E, D D D 6. D D 7. D D 8. D 9. D 10. D 11. D

: P = , E = , D =

46

()

2

5

SURAT AAI SRIRACHA FEED FOOD 1. 2. 3. - - 4. - 5. - - 6. - - - 7. - - - - 8. - - - -

SURAT () AAI SRIRACHA () FEED FOOD

47

()

() () () 31 2555

49

()

() () 31 2555

( )

5131 : 22 2556

50

()

()

31 2555 2554

( : ) 2555 2554 2555 2554

51

6 67,287,603 39,309,036 22,442,617 12,849,247 7 5 13,077,529 10,917,853 1,430,247,102 938,326,282 344,362,045 224,427,673 (248,149,077) (247,274,662) (337,832) (337,832) - 1,182,098,025 691,051,620 357,101,742 235,007,694 5 6,931,628 14,410,693 72,032,447 50,853,143 22,669,797 19,639,444 72,032,447 50,853,143 29,601,425 34,050,137 1,254,130,472 741,904,763 386,703,167 269,057,831 - 5 379,557,478 459,470,011 - 8 2,590,364,674 2,443,741,452 1,193,192,092 1,157,290,184 9,898,044 4,041,290 3,921,680,793 3,224,955,251 1,985,936,644 1,898,667,273 - 9 1,300,999,800 1,145,000,000 - 10 10,674,725 10,557,859 - 11 3,046,731,722 2,579,731,105 1,372,559,703 1,206,827,379 - 4,034,982 2,221,692 3,342,768 2,221,692 9,348,984 7,150,668 8,454,202 6,750,334 3,070,790,413 2,599,661,324 2,685,356,473 2,360,799,405 6,992,471,206 5,824,616,575 4,671,293,117 4,259,466,678

- - - -

- - - - -

-

- -

()

()

31 2555 2554

( : ) 2555 2554 2555 2554

52

12 3,551,117,993 2,277,418,248 1,720,248,740 1,458,183,633 5 - - 12,067,544 7,530,417 450,381,850 358,183,427 99,428,736 45,709,745 450,381,850 358,183,427 111,496,280 53,240,162 5 - - 1,447,233 1,056,565 136,429,582 207,430,510 44,601,296 83,118,375 136,429,582 207,430,510 46,048,529 84,174,940 586,811,432 565,613,937 157,544,809 137,415,102 5 - - 225,100,000 106,600,000 - 77,605,359 - 48,170,820 13 307,600,000 282,000,000 288,000,000 262,400,000 - 14 12,396,400 9,571,648 2,433,447 2,159,552 51,036 - - - 4,457,976,861 3,212,209,192 2,393,326,996 2,014,929,107

()

2555 2554 2555 2554

()

31 2555 2554

( : )

- 13 264,500,000 572,100,000 230,400,000 518,400,000 - 14 20,135,506 23,649,782 3,292,922 4,580,414 15 76,845,561 63,790,155 43,189,766 36,608,921 1,113,870 1,815,763 1,113,871 1,815,763 362,594,937 661,355,700 277,996,559 561,405,098 4,820,571,798 3,873,564,892 2,671,323,555 2,576,334,205 361,820,468 1 361,820,468 361,820,468 361,820,468 361,820,468 361,820,468 1 361,820,468 361,820,468 361,820,468 361,820,468 552,813,994 552,813,994 552,813,994 552,813,994 41,000,000 41,000,000 41,000,000 41,000,000 790,393,315 816,738,008 709,442,597 559,659,691 425,871,631 178,679,213 334,892,503 167,838,320 2,171,899,408 1,951,051,683 1,999,969,562 1,683,132,473 6,992,471,206 5,824,616,575 4,671,293,117 4,259,466,678

53

()

()

31 2555 2554

( : ) 2555 2554 2555 2554

10,301,653,406 10,511,761,342 3,842,345,840 3,997,158,599 (9,799,633,499) (9,613,943,075) (3,640,782,232) (3,635,637,758) () 502,019,907 897,818,267 201,563,608 361,520,841 121,538,658 126,238,289 119,654,082 146,922,191 - - 154,998,915 399,997,200 133,431,485 - 57,054,162 - () 756,990,050 1,024,056,556 533,270,767 908,440,232 (329,179,365) (398,274,811) (109,354,169) (154,143,260) (183,877,997) (143,646,537) (76,005,755) (45,499,727) (22,304,108) (39,971,650) (15,534,809) (34,918,370) - (61,794,286) - (49,673,948) (535,361,470) (643,687,284) (200,894,733) (284,235,305) () 221,628,580 380,369,272 332,376,034 624,204,927 (192,205,658) (148,857,304) (128,321,033) (121,816,475) () 29,422,922 231,511,968 204,055,001 502,388,452 (1,494,435) (1,638,759) - - () 27,928,487 229,873,209 204,055,001 502,388,452 () 24,097 (29,335) - - () 247,168,321 - 167,054,183 - () 247,192,418 (29,335) 167,054,183 - () 275,120,905 229,843,874 371,109,184 502,388,452 () () 0.08 0.64 0.56 1.39

54

()

55

31

2

554

36

1,820

,468

552,8

13,99

4 41

,000,0

00

816,7

38,00

8 17

8,856

,988

(177,7

75)

178,6

79,21

3 1,9

51,05

1,683

17

-

-

-

(54,27

3,180

) -

-

-

(54

,273,1

80)

-

-

-

27

,928,4

87

247,1

68,32

1 24

,097

247,1

92,41

8 27

5,120

,905

31

255

5

361,8

20,46

8 55

2,813

,994

41,00

0,000

79

0,393

,315

426,0

25,30

9 (1

53,67

8) 42

5,871

,631

2,171

,899,4

08

31

2

553

36

1,820

,468

552,8

13,99

4 41

,000,0

00

638,3

81,34

0 17

8,856

,988

(148,4

40)

178,7

08,54

8 1,7

72,72

4,350

4

-

-

-

(51,51

6,541

) -

-

-

(51

,516,5

41)

-

-

-

22

9,873

,209

-

(29,33

5) (29

,335)

229,8

43,87

4

3

1

2

554

36

1,820

,468

552,8

13,99

4 41

,000,0

00

816,7

38,00

8 17

8,856

,988

(177,7

75)

178,6

79,21

3 1,9

51,05

1,683

(

)

(

)

3

1

2

555

255

4

(

:

)

()

56

(

)

3

1

2

555

255

4

(

:

)

31

2

554

36

1,820

,468

552,8

13,99

4 41

,000,0

00

559,6

59,69

1 16

7,838

,320

167,8

38,32

0 1,6

83,13

2,473

17

-

-

-

(54,2

72,09

5) -

-

(54

,272,0

95)

-

-

-

20

4,055

,001

167,0

54,18

3 16

7,054

,183

371,1

09,18

4

3

1

2

555

36

1,820

,468

552,8

13,99

4 41

,000,0

00

709,4

42,59

7 33

4,892

,503

334,8

92,50

3 1,9

99,96

9,562

3

1

2

553

36

1,820

,468

552,8

13,99

4 41

,000,0

00

87,68

9,889

16

7,838

,320

167,8

38,32

0 1,2

11,16

2,671

4

-

-

-

(30,41

8,650

) -

-

(30

,418,6

50)

-

-

-

50

2,388

,452

-

-

502,3

88,45

2

3

1

2

554

36

1,820

,468

552,8

13,99

4 41

,000,0

00

559,6

59,69

1 16

7,838

,320

167,8

38,32

0 1,6

83,13

2,473

()

()

31 2555 2554

( : ) 2555 2554 2555 2554

() 29,422,922 231,511,968 204,055,001 502,388,452 () 199,019,031 170,535,079 75,515,404 67,853,674 874,415 (6,627,867) - 337,832 () (17,492,828) 16,484,783 17,923,016 (3,972,471) () (524,658) - - - () (486,076) - - - () (13,453,279) (6,824,392) (6,926,995) (4,724,075) () 6,321,292 10,928,655 9,787,317 6,175,694 () (9,898,044) 77,605,359 (4,041,289) 48,170,820 13,307,406 12,273,614 6,580,845 6,190,271 192,205,658 148,857,304 128,321,033 121,816,475 () 399,295,839 654,744,503 431,214,332 744,236,672 () (492,586,369) 113,630,310 (122,157,034) 85,618,329 (15,580,551) 1,167,721 4,192,123 19,806,007 (129,130,395) (810,067,621) (53,824,923) (377,165,883) (77,605,359) 14,720,769 (48,170,820) 9,802,452 (2,198,315) (5,594,484) 2,635,790 1,350,332

57

()

2555 2554 2555 2554

()

31 2555 2554 ( : )

() 96,791,453 (70,069,026) 58,280,754 (24,696,662) (68,770,205) (6,865,278) (34,318,066) 1,262,083 (677,796) (3,559,809) (712,893) (3,559,809) () (290,461,698) (111,892,915) 237,139,263 456,653,521 (194,431,078) (139,835,386) (132,115,349) (116,746,651) (7,042,152) (10,741,746) (4,083,068) (4,336,658) (252,000) - - - () (492,186,928) (262,470,047) 100,940,846 335,570,212 - - 79,912,533 (396,606,237) 893,868 4,072,225 - - (409,548,674) (328,642,001) (72,545,532) (88,576,808) 17,688,532 7,863,262 7,458,131 5,570,531 (2,215,837) (59,950) (1,488,225) (59,950) - - (155,999,800) (45,000,000) () (393,182,111) (316,766,464) (142,662,893) (524,672,464) () 1,263,445,683 834,436,914 252,313,119 646,133,689 - - 118,500,000 (211,100,000) (13,824,882) (20,424,168) (2,825,597) (8,106,096) - 21,071,000 - - (282,000,000) (251,500,000) (262,400,000) (236,800,000) (54,273,180) - (54,272,095) - () 913,347,621 583,583,746 51,315,427 190,127,593 (15) 21 (10) 14 () 27,978,567 4,347,256 9,593,370 1,025,355 39,309,036 34,961,780 12,849,247 11,823,892 67,287,603 39,309,036 22,442,617 12,849,247

58

()

()

31 2555 2554

1. () () 55/2 2 2. 2.1 .. 2543 .. 2547 2.2 2.3 2.4

59

()

2.5 ) () ) ) ) () 31 31 2555 2554 2555 2554 2555 2554 () 100 100 11 16 21 19 100 100 28 22 24 23 , 100 100 15 16 19 22 100 - - - - - 100 100 3 1 - - ()

60

()

3. // / 12 1 2556 20 ( 2552) 1 2556 21 ( 2552) 1 2556 8 1 2556 10 - 1 2556 21 - 1 2556 25 - 1 2556 29 1 2557 4 1 2557 12 1 2557 23 1 2557 12

61

()

3. () 20 21 ( 2552) 8 4 (1) (2) 12 13 ( )

62

()

4. 4.1 () 4.2 3 4.3 4.4 ( ) () ()

63

()

4.5 () () 4.6 () 4.7 ()

64

()

4.7 () - - 5 - 20 5 - 20 5 - 20 5 5

65

()

4.8 10 4.9 4.10

66

()

4.10 () ( ) 4.11 4.12 4.13 4.14 () ()() 4.15 116 .. 2535 ()

67

()

4.16 4.17 4.18 4.19 () (Projected Unit Credit Method) (Actuarial gains and losses) 19 2554 2554

68

()

5. () ()

( : ) 31 2555 2554 2555 2554 () - - 106.3 94.0 - - 271.3 221.6 - - 75.8 68.0 - - 15.0 9.7 - - 7.8 27.1 - - 1.1 2.00 - - 6.3 8.0 - - 19.9 14.4 - - 155.0 400.0 17 - - 3.2 3.6 - - 9.0 16.6 - - 4.8 7.4

69

()

5. () 31 2555 2554

( : ) 2555 2554 2555 2554 () - - 9,237,224 7,221,945 - - 3,840,305 3,695,908 - - 13,077,529 10,917,853 () - - 2,870,802 7,500,592 - - 1,956,779 3,218,380 - - 1,957,658 3,301,721 () - - 146,389 390,000 - - 6,931,628 14,410,693 () - - 100,993,704 430,611,387 - - 320,400,000 70,694,850 - - 421,393,704 501,306,237 - - (41,836,226) (41,836,226) - - - 379,557,478 459,470,011 () - - 12,067,544 6,917,951 () - - - 612,466 - - - 12,067,544 7,530,417

70

()

5. ()

( : ) 2555 2554 2555 2554 () - - 180,466 273,797 - - 1,261,518 779,256 () - - 1,512 3,512 - - 3,737 - - - - 1,447,233 1,056,565 - - 224,400,000 106,600,000 - - 700,000 - - - 225,100,000 106,600,000 2555

( : ) 31 31 2554 2555 () 430,611,387 993,512,116 (1,323,129,799) 100,993,704 70,694,850 709,100,000 (459,394,850) 320,400,000 501,306,237 1,702,612,116 (1,782,524,649) 421,393,704 (41,836,226) - - (41,836,226) - 459,470,011 1,702,612,116 (1,782,524,649) 379,557,478

71

()

5. () 2555

( : ) 31 31 2554 2555 106,600,000 1,380,000,000 (1,262,200,000) 224,400,000 - 900,000 (200,000) 700,000 - 106,600,000 1,380,900,000 (1,262,400,000) 225,100,000 31 2555 2554 22.30 39.97 ( : 15.53 34.92 ) 31 2555 2554 851 851 6. 31 2555 2554

( : ) 2555 2554 2555 2554 1,011,421 886,175 146,617 122,446 66,276,182 38,422,861 22,296,000 12,726,801 67,287,603 39,309,036 22,442,617 12,849,247

72

()

7. - 31 2555 2554

( : ) 2555 2554 2555 254 2555 2554 - - 888,171,415 493,058,336 888,171,415 493,058,336 3 - - 195,477,777 167,062,305 195,477,777 167,062,305 3 - 6 - - 56,753,652 26,737,917 56,753,652 26,737,917 6 - 12 - - 32,753,730 2,049,673 32,753,730 2,049,673 12 - - 257,090,528 249,418,051 257,090,528 249,418,051 - - 1,430,247,102 938,326,282 1,430,247,102 938,326,282 - - (248,149,077) (247,274,662) (248,149,077) (247,274,662) - - - 1,182,098,025 691,051,620 1,182,098,025 691,051,620

( : ) 2555 2554 2555 2554 2555 2554 5,912,254 4,262,440 248,091,796 183,950,222 254,004,050 188,212,662 3 7,165,275 6,655,413 95,857,799 38,071,370 103,023,074 44,726,783 3 - 6 - - 50 44,918 50 44,918 6 - 12 - - 3,308 91 3,308 91 12 - - 409,092 2,361,072 409,092 2,361,072 13,077,529 10,917,853 344,362,045 224,427,673 357,439,574 235,345,526 - - (337,832) (337,832) (337,832) (337,832) - 13,077,529 10,917,853 344,024,213 224,089,841 357,101,742 235,007,694

73

()

8. - - 31 2555 2554

( : ) 2555 2554 2555 2554 1,421,226,072 1,356,687,149 690,355,162 449,049,491 381,769,465 644,348,158 336,391,324 588,877,645 599,293,367 360,841,553 116,379,760 111,449,691 72,091,271 80,233,851 17,214,827 13,700,549 15,668,654 19,030,930 4,402,116 4,323,130 186,504,924 86,281,717 64,361,218 7,878,977 2,676,553,753 2,547,423,358 1,229,104,407 1,175,279,483 (86,189,079) (103,681,906) (35,912,315) (17,989,299) - 2,590,364,674 2,443,741,452 1,193,192,092 1,157,290,184 9. - - 31 2555 2554 () (%) () 2555 2554 2555 2554 2555 2554 100,000,000 100,000,000 100 100 100,000,000 100,000,000 () 1,200,000,000 1,200,000,000 100 100 1,199,993,000 1,199,993,000 500,000,000 345,000,000 100 100 475,000,000 320,000,000 1,000,000 - 100 - 999,800 - 1,775,992,800 1,619,993,000 (474,993,000) (474,993,000) - 1,300,999,800 1,145,000,000

74

()

9. - () 2555 99,980 10 1 2555 155 1/2555 17 2555 345 500 31 2555 2554 45 2554 20 2554 300 345 29 2554 10. - - 31 2555 2554

( : ) 2555 2554 1 17,532,419 21,142,419 (407,792) (3,610,000) 31 17,124,627 17,532,419 () (6,449,902) (6,974,560) - 10,674,725 10,557,859

75

()

76

11.

-

(

:

)

/

31

2554

68

7,207

,887

98,08

9,790

1,

572,4

50,49

5 2,

406,7

74,99

7 11

1,928

,281

184,8

59,55

0 74

,981,5

50

5,136

,292,5

50

2,12

1,350

80

0,331

8,

996,5

31

138,1

76,61

3 7,

267,3

68

15,16

4,289

25

3,800

,533

426,3

27,01

5

(2,16

4,000

) -

(7,

015,3

74)

(8,46

1,505

) (99

0,695

) (25

,980,2

16)

-

(44,61

1,790

)

(

) -

6,

224,0

39

29,40

8,226

13

3,829

,986

1,188

,269

770,4

00

(172,4

73,06

0) (1,

052,1

40)

24

7,168

,321

-

-

-

-

-

-

247,1

68,32

1 31

2555

93

4,333

,558

105,1

14,16

0 1,

603,8

39,87

8 2,6

70,32

0,091

11

9,393

,223

174,8

14,02

3 15

6,309

,023

5,764

,123,9

56

31

2554

-

62

,126,0

06

670,2

19,52

3 1,6

20,46

8,485

93

,744,0

17

110,0

03,41

4 -

2,5

56,56

1,445

-

2,674

,265

58,91

7,465

10

7,503

,535

6,474

,233

20,48

6,028

-

19

6,055

,526

-

-

(4,16

0,687

) (4,

151,2

01)

(990,6

80)

(25,92

2,169

) -

(35,22

4,737

) 31

2555

-

64

,800,2

71

724,9

76,30

1 1,7

23,82

0,819

99

,227,5

70

104,5

67,27

3 -

2,7

17,39

2,234

31

2555

93

4,333

,558

40,31

3,889

87

8,863

,577

946,4

99,27

2 20

,165,6

53

70,24

6,750

15

6,309

,023

3,046

,731,7

22

31

2554

68

7,207

,887

35,96

3,784

90

2,230

,972

786,3

06,51

2 18

,184,2

64

74,85

6,136

74

,981,5

50

2,579

,731,1

05

25

55 (1

64.7

)

19

6,055

,526

2554

(144

.2

)

17

0,222

,349

()

77

11.

-

()

(

:

)

/

31

2554

49

9,681

,841

43,33

0,594

70

6,764

,092

739,0

76,48

0 47

,768,5

68

76,50

1,856

9,

818,7

01

2,122

,942,1

32

-

185,1

18

2,67

6,610

29

,059,6

23

3,20

8,917

2,

297,0

00

39,52

1,104

76

,948,3

72

-

-

-

(3,68

1,821

) (58

8,750

) (17

,560,4

85)

-

(21,83

1,056

)

(

) -

-

10

,542,2

98

25,91

8,093

16

3,809

-

(36

,624,2

00)

-

16

7,054

,183

-

-

-

-

-

-

167,0

54,18

3 31

2555

66

6,736

,024

43,51

5,712

71

9,983

,000

790,3

72,37

5 50

,552,5

44

61,23

8,371

12

,715,6

05

2,345

,113,6

31

31

2554

-

25

,816,6

39

268,9

52,62

3 51

9,356

,068

39,69

6,239

62

,293,1

84

-

916,1

14,75

3

-

1,32

9,769

27

,833,6

83

39,06

7,692

2,

717,6

08

4,19

9,502

-

75

,148,2

54

-

-

-

(559,8

73)

(588,7

47)

(17,56

0,459

) -

(18

,709,0

79)

31

2555

-

27

,146,4

08

296,7

86,30

6 55

7,863

,887

41,82

5,100

48

,932,2

27

-

972,5

53,92

8

31

2555

66

6,736

,024

16,36

9,304

42

3,196

,694

232,5

08,48

8 8,

727,4

43

12,30

6,144

12

,715,6

05

1,372

,559,7

03

31

2554

49

9,681

,841

17,51

3,955

43

7,811

,469

219,7

20,41

2 8,

072,3

29

14,20

8,672

9,

818,7

01

1,206

,827,3

79

25

55 (6

7.7

)

75

,148,2

54

2554

(59.7

)

67

,540,9

45

()

11. - () 2555 2555 167.05 80.11 31 2555 2554 13 31 2555 2554

( : )

2555 2554 2555 2554 519,574,665 504,350,897 331,843,521 331,843,521 31 2555 1,131 (2554 : 1,065 ) ( : 546 2554 : 523 ) 31 2555 3.20 12. 31 2555 2554

( : ) 2555 2554 2555 2554 10,980,995 15,033,024 3,736,309 12,840,809 953,000,000 401,434,186 704,000,000 178,000,000 1,810,136,998 1,786,251,038 747,512,431 1,267,642,824 777,000,000 75,000,000 265,000,000 - 3,551,117,993 2,277,718,248 1,720,248,740 1,458,483,633 31 2555 2554 851 851

78

()

13. - - 31 2555 2554

( : ) 2555 2554 () 1) 1,280 3.37%-4.84% 3 2552 2557 518,400,000 780,800,000 2) 88 4.63%-5.63% 3 2553 2558 53,700,000 73,300,000 572,100,000 854,100,000 (307,600,000) (282,000,000) - 264,500,000 572,100,000 21 2552 3 1,280 21 2553 1 88 11

( : ) 2555 2554 () 1,280 3.37%-4.84% 3 2552 2557 518,400,000 780,800,000 518,400,000 780,800,000 (288,000,000) (262,400,000) - 230,400,000 518,400,000

79

()

13. - () 31 2555

( : ) 31 2554 854,100,000 780,800,000 (282,000,000) (262,400,000) 31 2555 572,100,000 518,400,000 14. - - 31 2555 2554

( : ) 2555 2554 2555 2554 35,537,454 37,154,335 6,210,399 7,452,261 (2,409,438) (3,245,300) (324,153) (488,964) (596,110) (687,605) (159,877) (223,331) 32,531,906 33,221,430 5,726,369 6,739,966 (12,396,400) (9,571,648) (2,433,447) (2,159,552) - 20,135,506 23,649,782 3,292,922 4,580,414 48 0.01-0.11 2.05% - 2.45% 3.92% - 4.74% 48 0.01-0.04 2.15% - 6.94% 4.10% - 6.12%

80

()

15.

( : ) 2555 2554 2555 2554 63,790,155 51,516,542 36,608,921 30,418,650 10,769,052 10,212,951 5,129,739 4,973,525 2,538,354 2,060,662 1,451,106 1,216,746 (252,000) - - - 76,845,561 63,790,155 43,189,766 36,608,921 31 2555 13.31 6.58

( : ) 2555 2554 2555 2554 4 4 4 4 3 3 3 3 5 5 5 5 16. 31 2555 2554

( : ) 2555 2554 2555 2554 178,856,988 178,856,988 167,838,320 167,838,320 247,168,321 - 167,054,183 - 426,025,309 178,856,988 334,892,503 167,838,320

81

()

17. 24 2555 2554 0.15 54.27 17 2555 () 1/2555 17 2555 2554 10,000,000 15.50 31 2554 () 1/2554 16 2554 2553 10,000,000 40 31 2553 18. 116 .. 2535 5 () 10 19. 20. 1887(3)/2548 17 .. 2548 () 8 1651(3)/2549 26 .. 2548 () 8

82

()

20. () 1982(3)/2554 1 .. 2554 () 8 1579(2)/2546 3 .. 2546 () 100 8 1658(2)/2554 14 .. 2553 100 8 1604(2)/2549 16 .. 2548 8 100 8

83

()

20. () 1920(2)/2554 2 .. 2554 100 8 2669(2)/2555 24 .. 2555 100 8 1683(5)/2555 22 .. 2555 () 8

( : ) 2555 2554 2555 2554 2555 2554 1,882,340,453 2,260,996,944 1,396,191,194 1,204,442,990 3,278,531,647 3,465,439,934 3,139,196,302 5,265,783,520 3,883,925,457 1,780,537,888 7,023,121,759 7,046,321,408 5,021,536,755 7,526,780,464 5,280,116,651 2,984,980,878 10,301,653,406 10,511,761,342

84

()

20. () ( : )

2555 2554 2555 2554 2555 2554 133,278,221 138,694,401 1,127,841,576 880,062,766 1,261,119,797 1,018,757,167 900,996,929 1,368,650,633 1,680,229,114 1,609,750,799 2,581,226,043 2,978,401,432 1,034,275,150 1,507,345,034 2,808,070,690 2,489,813,565 3,842,345,840 3,997,158,599 21. 31 2555 2554

( : ) 2555 2554 2555 2554 198,039,770 (756,907,130) 11,180,650 (399,698,387) () (17,492,828) 16,484,783 17,923,016 (3,972,471) 8,058,020,157 8,844,324,176 2,954,838,054 3,411,641,581 22,304,108 39,971,650 15,534,809 34,918,370 775,693,323 762,051,369 300,963,007 308,030,052 199,019,031 170,535,079 75,515,404 67,853,674 - 61,794,286 - 49,673,948 1,099,411,408 1,119,376,146 465,722,025 451,426,296 10,334,994,969 10,257,630,359 3,841,676,965 3,919,873,063 22. () () () 23. .. 2530 2 - 3 1 2549 2 1 2549 2555 2,343,897 1,125,375 (2554 : 1,967,440 : 1,048,690 )

85

()

86

24.

3

(1

)

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(3

)

31

255

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(

:

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25

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2

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2

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2

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6 15

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5

()

25. 24.1 31 2555 2554

( : ) 2555 2554 1.10 1.10 1.10 1.10 25.2 31 2555 2554

( : ) 2555 2554 1 21.5 14.4 2 5 31.4 23.2 25.3 (1) 31 2555 2554 851 851 (2) 31 2555 2554 39.1 45.7 ( : 20.7 24.3 ) (3) 31 2555 2554 1.18 3.63 (4) 20

87

()

25.4 25.4.1 () () 2554 1 4 3.5% 48 89,424 2554 2555 () () 12 2554 12 2555 20 7.5 6 2556 353 3 1 3 2 25.4.2 () 2554 11 2554 1.21 ( 38.16 ) 1,206,765 2 28,853.75 800,000 25.5 (Anti-dumping Duty : AD) 1 2554 31 2555 ( 7) 6 1 2553 31 2554 1.38 10 2555 6 4.71 2.61

88

()

26. 26.1 48 . 31 2555 2554

89

()

90

26

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(

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(

:

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2

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25

54

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5

2554

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(

) (

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66.28

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9 67

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0 - 0.

75

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0.75

-

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1,18

2.10

691.0

5 1,

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0 69

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2 MO

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1.83 -

6.80

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450.3

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57

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0

13

1

3

4,12

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8 35

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()

26.1 () 31 2555 2554 () () () 2555 2554 2555 2554 2555 2554 23.71 11.91 19.48 18.15 30.6316 31.6912 6.49 45.07 146.40 94.86 0.354531 0.408417 0.11 0.09 - - 31.7757 32.1971 - - 1.32 1.55 40.5563 41.0274 31 2555 2554 () () () 31 2555 0.04 3 - 4 30.9000 - 31.33765 62.72 1 - 6 30.6900 - 32.0025 160.51 3 0.36740 - 0.36850 31 2554 65.72 1 - 6 30.21805 - 31.5060 90.00 5 - 6 0.39770 - 0.40387

91

()

26.2 27. 22 2556

92

ASIAN SEAFOODS COLDSTORAGE PUBLIC COMPANY LIMITED

Auditors Report

To the shareholders of Asian Seafoods Coldstorage Public Company Limited I have audited the accompanying consolidated and company financial statements of Asian Seafoods Coldstorage Public Company Limited and its subsidiaries and of Asian Seafoods Coldstorage Public Company Limited, which comprise the consolidated and company statements of financial position as at December 31, 2012, and the related consolidated and company statements of comprehensive income, changes in shareholder equity and cash flows for the year then ended, and a summary of significant accounting policies and other notes. Managements responsibility for the financial statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Thai Financial Reporting Standards, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement. Whether due to fraud or error. Auditors responsibility My responsibility is to express an opinion on these financial statements based on my audit. I conducted my audit in accordance with Thai Standards on Auditing. Those standards require that I comply with ethical requirement and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entitys preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entitys internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my audit opinion.

93


Opinion In my opinion, the consolidated and company financial statements referred to above present fairly, in all material respects, the consolidated and company financial position of Asian Seafoods Coldstorage Public Company Limited and its subsidiaries and of Asian Seafoods Coldstorage Public Company Limited as at December 31, 2012, and its consolidated and company results of operations and its cash flows for the year then ended in accordance with Thai Financial Reporting Standards.

C&A Accounting Firm

(Mrs. Chintana Techamontrikul) Certified public accountant (Thailand) no. 5131

Bangkok : February 22, 2013

94


Asian Seafoods Coldstorage Public Company Limited and Its Subsidiaries Statement of Financial Position

As at December 31, 2012 and 2011 (Unit :Baht)

Consolidated financial statements Separate financial statements

Note 2012 2011 2012 2011 Assets Current assets Cash and cash equivalents 6 67,287,603 39,309,036 22,442,617 12,849,247

Trade and other receivables

Trade accounts receivable 7

Related parties 5 - - 13,077,529 10,917,853

Unrelated parties 1,430,247,102 938,326,282 344,362,045 224,427,673

Less : Allowance for doubtful accounts (248,149,077) (247,274,662) (337,832) (337,832)

Trade accounts receivable-net 1,182,098,025 691,051,620 357,101,742 235,007,694

Other accounts receivable

Related parties 5 - - 6,931,628 14,410,693

Unrelated parties 72,032,447 50,853,143 22,669,797 19,639,444

Total other accounts receivable 72,032,447 50,853,143 29,601,425 34,050,137

Total trade and other receivables 1,254,130,472 741,904,763 386,703,167 269,057,831

Short-term loans to related parties 5 - - 379,557,478 459,470,011

Inventories-net 8 2,590,364,674 2,443,741,452 1,193,192,092 1,157,290,184

Forward exchange contracts receivables 9,898,044 - 4,041,290 -

Total current assets 3,921,680,793 3,224,955,251 1,985,936,644 1,898,667,273 Non-current assets Investments in subsidiaries-net 9 - - 1,300,999,800 1,145,000,000

Investment property-net 10 10,674,725 10,557,859 - -

Property, plant and equipment-net 11 3,046,731,722 2,579,731,105 1,372,559,703 1,206,827,379

Intangible assets-net 4,034,982 2,221,692 3,342,768 2,221,692

Other non-current assets 9,348,984 7,150,668 8,454,202 6,750,334

Total non-current assets 3,070,790,413 2,599,661,324 2,685,356,473 2,360,799,405 Total assets 6,992,471,206 5,824,616,575 4,671,293,117 4,259,466,678

The accompanying notes are an integral part of the financial statements

95





Note 2012 2011 2012 2011 Liabilities and shareholders equity Current liabilities Bank overdrafts and short-term loans from

financial institutions 12 3,551,117,993 2,277,418,248 1,720,248,740 1,458,183,633

Trade and other payables

Trade accounts payable

Related parties 5 - - 12,067,544 7,530,417


Total trade accounts payable 450,381,850 358,183,427 111,496,280 53,240,162

Other accounts payable

Related parties 5 - - 1,447,233 1,056,565


Total other accounts payable 136,429,582 207,430,510 46,048,529 84,174,940

Total trade and other payables 586,811,432 565,613,937 157,544,809 137,415,102

Short-term loans from related

parties-net 5 - - 225,100,000 106,600,000

Forward exchange contracts payables - 77,605,359 - 48,170,820

Current portion of long-term liabilities 13 307,600,000 282,000,000 288,000,000 262,400,000

Current portion of liabilities under financial

lease agreement-net 14 12,396,400 9,571,648 2,433,447 2,159,552

Current income tax payable 51,036 - - -

Total current liabilities 4,457,976,861 3,212,209,192 2,393,326,996 2,014,929,107 Non-current liabilities Long-term loans-net 13 264,500,000 572,100,000 230,400,000 518,400,000

Liabilities by contract of financial

leased-net 14 20,135,506 23,649,782 3,292,922 4,580,414

Employee benefit obligations 15 76,845,561 63,790,155 43,189,766 36,608,921

Other non-current liabilities 1,113,870 1,815,763 1,113,871 1,815,763

Total non-current liabilities 362,594,937 661,355,700 277,996,559 561,405,098 Total liabilities 4,820,571,798 3,873,564,892 2,671,323,555 2,576,334,205


96





Note 2012 2011 2012 2011 Shareholders equity Share capital Registered

361,820,468 ordinary shares

of Baht 1 each 361,820,468 361,820,468 361,820,468 361,820,468

Issued and paid up share capital

361,820,468 ordinary shares

of Baht 1 each 361,820,468 361,820,468 361,820,468 361,820,468

Premium capital Premium on ordinary shares 552,813,994 552,813,994 552,813,994 552,813,994

Retained earnings Appropriated

Legal reserve 41,000,000 41,000,000 41,000,000 41,000,000

Unappropriated (deficit) 790,393,315 816,738,008 709,442,597 559,659,691

Other components of equity 425,871,631 178,679,213 334,892,503 167,838,320

Total shareholders equity 2,171,899,408 1,951,051,683 1,999,969,562 1,683,132,473 Total liabilities and shareholders equity 6,992,471,206 5,824,616,575 4,671,293,117 4,259,466,678


97


Asian Seafoods Coldstorage Public Company Limited and Its Subsidiaries Statements of Comprehensive Income

For the years ended December 31, 2012 and 2011 (Unit : Baht)


Note 2012 2011 2012 2011 Sales and service income 10,301,653,406 10,511,761,342 3,842,345,840 3,997,158,599

Cost of sales and services (9,799,633,499) (9,613,943,075) (3,640,782,232) (3,635,637,758)

Gross (loss) profit 502,019,907 897,818,267 201,563,608 361,520,841 Other income 121,538,658 126,238,289 119,654,082 146,922,191

Dividend - - 154,998,915 399,997,200

Gains from exchange rate and

derivative contracts 133,431,485 - 57,054,162 -

Earnings (loss) before expenses 756,990,050 1,024,056,556 533,270,767 908,440,232 Selling expenses (329,179,365) (398,274,811) (109,354,169) (154,143,260)

Administrative expenses (183,877,997) (143,646,537) (76,005,755) (45,499,727)

Management benefit expenses (22,304,108) (39,971,650) (15,534,809) (34,918,370)

Losses from exchange rate and

derivative contracts - (61,794,286) - (49,673,948)

Total expenses (535,361,470) (643,687,284) (200,894,733) (284,235,305) Earnings (loss) before finance cost and corporate income tax 221,628,580 380,369,272 332,376,034 624,204,927 Finance cost (192,205,658) (148,857,304) (128,321,033) (121,816,475) Earnings (loss) before corporate income tax 29,422,922 231,511,968 204,055,001 502,388,452 Corporate income tax (1,494,435) (1,638,759) - -

Earnings (loss) for the year 27,928,487 229,873,209 204,055,001 502,388,452 Other comprehensive income Gains (losses) on remeasuring available-for-sale

investments 24,097 (29,335) - -

Gains(Losses) on asset revaluation 247,168,321 - 167,054,183 - Other comprehensive income (expense) for the year 247,192,418 (29,335) 167,054,183 - Total comprehensive income (expense) for the year 275,120,905 229,843,874 371,109,184 502,388,452

Earnings (loss) per share Earnings (loss) for the year 0.08 0.64 0.56 1.39


98


99

Asi

an S

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ods C

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ge P

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pany

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ited

and

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ies

Stat

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ts o

f Cha

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in S

hare

hold

ers

Equ

ity

For

the

year

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ed D

ecem

ber

31, 2

012

and

2011

(U

nit :

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t)

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solid

ated

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stat

emen

ts

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of eq

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come

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om

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Tot

al

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as at

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embe

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361,8

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8 55

2,813

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41,00

0,000

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17

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4,272

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1 24

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5,871

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638,3

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0 17

8,856

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229,8

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(2

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9,843

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1,820

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552,8

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4 41

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816,7

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8 17

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100

Asi

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the

year

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2011

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1, 2

asian: annual report 2012

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