:: Annual Report 2002 ::

Annual Report 2002 √“¬ß“πª√–®”ªï 2545

∫√‘…∑— ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) KCE ELECTRONICS PUBLIC COMPANY LIMITED

∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) KCE ELECTRONICS PUBLIC COMPANY LIMITED

¡àÿß¡—Ëπ àŸ§«“¡‡ªìπ‡≈‘» IN SEARCH OF EXCELLENCE

ISBN : 974-91028-2-7

√“¬ß“πª√–®”ªï 2545 Annual Report 2002

“√∫—≠ CONTENTS 2545 2 ®ÿ2002¥‡¥àπ„π√Õ∫ªï Financial Highlights ¢âÕ¡Ÿ≈∑“ß°“√‡ß‘π‚¥¬ √ÿª¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ Financial Data 3 Summarized 4 √“¬ß“π¢Õß§≥–°√√¡°“√ Directorsû Report The Audit Committee Report 8 √“¬ß“π¢Õß§≥–°√√¡°“√µ√«® Õ∫ ≈—°…≥–°“√ª√–°Õ∫∏ÿ√°‘® 10 Nature of Business ‚§√ß √â“ß√“¬‰¥â¢Õß∫√‘…—∑œ ∫√‘…—∑¬àÕ¬ …∑— √à«¡ Revenues Structure of KCE Electronics Public Company 12 ·≈–∫√‘ Limited, Subsidiaries and Affiliated Companies ∂â Õ◊ Àÿπâ ·≈–°“√®—¥°“√ and Management 13 ºŸShareholder

…—∑ Companyûs Directors 14 §≥–°√√¡°“√∫√‘ “Àπâ“∑’Ë√–¥—∫ºŸâ∫√‘À“√ Staff 15 ‡®âManagement ∫¥Ÿ·≈¢Õß§≥–°√√¡°“√ Directorsû Report on The Practices of Good Corporate Governance 16 √“¬ß“π°“√°”°— µ “À°√√¡·≈–°“√·¢àß¢—π Industrial Status and Competition 22 ¿“«–Õÿ §”Õ∏‘∫“¬·≈–«‘‡§√“–Àå¢ÕßΩÉ“¬®—¥°“√ Analysis 24 Management §§≈∑’Ë¡’º≈ª√–‚¬™πå√à«¡·≈–√“¬°“√√–À«à“ß°—π with vested interest and cross over transactions 26 ∫ÿPersons ªí®®—¬§«“¡‡ ’¬Ë ß Factors 28 Risk ¢âÕ¡Ÿ≈∑—Ë«‰ª 31 General Information √“¬ß“π¢ÕßºŸâ Õ∫∫—≠™’·≈–ß∫°“√‡ß‘π Report and Financial Statements 33 Auditorûs Ë°”Àπ¥µ“¡·∫∫ 56-2 Check List of 56-2 112 √“¬°“√∑’

π‚¬∫“¬§ÿ≥¿“æ º≈‘µ·≈–∫√‘°“√≈Ÿ°§â“„Àâ ‰¥âµ“¡∑’Ëµ°≈ßÀ√◊Õ¥’°«à“ ‚¥¬ª√—∫ª√ÿß§ÿ≥¿“æÕ¬à“ßµàÕ‡π◊ËÕß ·≈–∑”„Àâ∂Ÿ°µâÕß„π§√—Èß‡¥’¬«

QUALITY POLICY KCE commits to provide products and services to meet or exceed agreed requirements for all of our customers through continuous improvement and by doing it right the first time.

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

®ÿ¥‡¥àπ„π√Õ∫ªï 2545 2002 FINANCIAL HIGHLIGHTS

Àπà«¬ : ≈â“π∫“∑/Unit : Million Baht

√“¬√—∫∑—Èß ‘Èπ °”‰√ (¢“¥∑ÿπ) °àÕπ¿“…’‡ß‘π‰¥â Àπ’È ß —¬®– Ÿ≠·≈–√“¬°“√æ‘‡»…

Total Revenues Profit Before Income Taxes, Provision for Doubtful Accounts, Loss on Decline in Value of Investment and Extraordinary Item Net Profit (loss) Net Cash Provided by Operating Activities Net Profit (loss) per Share / Average (Baht) Share Outstanding (Weighted Average) (Thousand Shares) Number of Employees (Person) Total assets Long Term Obligations Total Shareholdersû Equity of the Company Issued and paid up capital % Dividends / Net Profit

°”‰√ ÿ∑∏‘ (¢“¥∑ÿπ) ‡ß‘π ¥ ÿ∑∏‘‰¥â¡“®“°°‘®°√√¡ °“√¥”‡π‘πß“π °”‰√ (¢“¥∑ÿπ) µàÕÀâÿπ / ∂—«‡©≈’Ë¬ (∫“∑) ®”π«πÀâÿπ (∂—«‡©≈’Ë¬) (æ—πÀâÿπ) ®”π«πæπ—°ß“π (§π) ‘π∑√—æ¬å√«¡ ‡ß‘π°âŸ√–¬–¬“« √«¡ à«π¢ÕßºâŸ∂◊ÕÀâÿπ∫√‘…—∑„À≠à ∑ÿπ™”√–·≈â« % ‡ß‘πªíπº≈ / °”‰√ ÿ∑∏‘

2544 2001 3,575.280

2543 2000 3,890.526

213.910 148.040

54.855 3.233

607.164 520.469

341.847

484.506

435.271

4.85

0.11

17.64

30,555 2,251 5,783,215 1,635.787 1,793.714 308.270 41.280

30,159 2,006 4,736.864 1,502.331 1,623.801 302.300

29,507 2,086 4,904.580 518.033 1,642.553 300.900

√“¬√—∫∑—Èß ‘Èπ

°”‰√ ÿ∑∏‘ (¢“¥∑ÿπ)

Total Revenues

Net Profit (loss)

≈â“π∫“∑/Million Baht

3,900 3,860 3,800 3,750 3,700 3,650 3,600 3,550 3,500 3,450 3,400

2545 2002 3,735.393

≈â“π∫“∑/Million Baht

3,890

600

.526

500

3,735

520.4 69

400

.393

300

3,575

200

.280

148.0 40

100

2543 /200 0

3.233

2544 /200 1

2543 /200 0

2545 /200 2 Annual Report 2002

KCE ELECTRONICS PCL

2544 /200 1

2545 /200 2

¢âÕ¡Ÿ≈∑“ß°“√‡ß‘π‚¥¬ √ÿª¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ SUMMARIZED FINANCIAL DATA

Àπà«¬ : ≈â“π∫“∑/Unit : Million Baht

· ¥ß¢âÕ¡Ÿ≈°“√‡ª√’¬∫‡∑’¬∫∑“ß°“√‡ß‘π

Financial Data

‘π∑√—æ¬å√«¡ Àπ’ È π‘ √«¡ √«¡ à«π¢ÕßºâŸ∂◊ÕÀâÿπ∫√‘…—∑„À≠à √“¬‰¥â®“°°“√¢“¬ °”‰√¢—Èπµâπ °”‰√ ÿ∑∏‘ (¢“¥∑ÿπ) ‡ß‘π ¥ ÿ∑∏‘‰¥â¡“®“°°‘®°√√¡°“√¥”‡π‘πß“π √“¬‰¥â√«¡

Total Assets Total Liabilities Total Shareholdersû Equity of the Company Sales Revenue Gross Profit Net Profit (Loss) Net Cash Provided by Operating Activities Total Revenues

Õ—µ√“ à«π∑“ß°“√‡ß‘π

Financial Ratios

Õ—µ√“°”‰√ ÿ∑∏‘µàÕ√“¬‰¥â¢“¬ Õ—µ√“º≈µÕ∫·∑πµàÕ à«π¢ÕßºâŸ∂◊ÕÀâÿπ Õ—µ√“º≈µÕ∫·∑πµàÕ ‘π∑√—æ¬å√«¡ ‡ß‘π ¥ ÿ∑∏‘‰¥â¡“®“°°‘®°√√¡°“√ ¥”‡π‘πß“πµàÕ¬Õ¥¢“¬ ‡ß‘π ¥ ÿ∑∏‘‰¥â¡“®“°°‘®°√√¡ °“√¥”‡π‘πß“πµàÕ à«π¢ÕßºâŸ∂◊ÕÀâÿπ °”‰√ ÿ∑∏‘µàÕÀâÿπ (∫“∑µàÕÀâÿπ) ‡ß‘πªíπº≈µàÕÀâÿπ (∫“∑µàÕÀâÿπ) ¡Ÿ≈§à“µ“¡∫—≠™’µàÕÀâÿπ (∫“∑µàÕÀâÿπ)

Net Income : Total Sales Return on Shareholderûs Equity Return on Assets Net Cash Provided by Operating Activities / Sales Net Cash Provided by Operating Activities / Shareholderûs Equity Earning Per Share (Baht) Dividend Per Share (Baht) Book Value Per Share (Baht)

2543 2000 4,904.580 3,223.173 1,642.553 3,756.457 1,097.181 520.469 435.271 3,890.526 2543 2000 13.86% 31.69% 10.61%

9.45%

13.84%

11.59%

19.06% 4.85 58.70

29.84% 0.11 53.84

26.50% 17.64 55.67

à«π¢ÕßºŸâ∂◊ÕÀÿâπ

Total Assets

Shareholdersû Equity

≈â“π∫“∑/Million Baht

1,800

5,783

.215

4,904

.580

4,000

4,736

.864

2,000

1,600

1,000

1,550

2543 /200 0

.714

1,700 1,650

2544 /200 1

1,793

1,750

3,000

2544 2001 4,736.864 3,071.653 1,623.801 3,501.560 641.454 3.233 484.506 3,575.280 2544 2001 0.09% 0.20% 0.07%

‘π∑√—æ¬å√«¡ 6,000 5,000

2545 2002 5,783.215 3,948.064 1,793.714 3,619.329 769.067 148.040 341.847 3,735.393 2545 2002 4.09% 8.25% 2.56%

1,500

2545 /200 2 √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

1,642

.553

2543 /200 0

1,623

.801

2544 /200 1

2545 /200 2

√“¬ß“π¢Õß§≥–°√√¡°“√ DIRECTORSû REPORT ∂÷ ß ·¡â «à “ ¿“«–‡»√…∞°‘ ® „πªï 2545 ¬— ß ¡’ ªí ® ®— ¬ ≈∫ ◊ ∫ ‡π◊Ë Õ ß¡“®“°ªï 2544 °Á µ “¡ ·µà º≈ª√–°Õ∫°“√¢Õß∫√‘…—∑œ °Á‡ªìπ∑’Ëπà“æÕ„® ¥—ß®–‡ÀÁπ‰¥â®“°¬Õ¥¢“¬∑’Ë‡æ‘Ë¡¢÷ÈπÕ¬à“ßµàÕ‡π◊ËÕßµ≈Õ¥ªï Õÿµ “À°√√¡Õ‘‡≈Á°∑√Õπ‘° å „π¬ÿ‚√ª·≈– À√—∞Õ‡¡√‘°“¬—ßÕ¬Ÿà „π ¿“«–∂¥∂Õ¬ ∑”„Àâ‡°‘¥°“√ ·¢àß¢—π∑’Ë√ÿπ·√ß‡π◊ËÕß®“°§«“¡µâÕß°“√„πµ≈“¥‚≈°¡’πâÕ¬°«à“°”≈—ß°“√º≈‘µ Õ¬à“ß‰√°Áµ“¡ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) Õ“»—¬°“√¥”‡π‘πß“π∑’Ë‡ªïò¬¡¥â«¬ª√– ‘∑∏‘¿“æ¢Õß∑’¡∫√‘À“√ ‚¥¬‡©æ“– Õ¬à“ß¬‘ËßΩÉ“¬°“√µ≈“¥·≈–°“√¢“¬ ´÷Ëß “¡“√∂√—°…“·≈–¢¬“¬µ≈“¥‰¥âµ“¡‡ªÑ“À¡“¬ √«¡∂÷ß°“√ √≥√ß§å∑’Ë®–≈¥µâπ∑ÿπ°“√º≈‘µ´÷Ëß àßº≈„Àâº≈ª√–°Õ∫°“√¢Õß∫√‘…—∑‡ªìπ∑’Ëπà“æÕ„®

∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑µà“ßÊ „π‡§√◊Õ µà“ß¡’º≈°”‰√ ¬°‡«âπ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ´÷Ëß‡ªìπ∫√‘…—∑¬àÕ¬∑’Ë‡æ‘Ëß‡√‘Ë¡¥”‡π‘π°‘®°“√‰¥â‡æ’¬ß 2 ªï ·µàÕ¬à“ß‰√°Áµ“¡ ªï 2545 ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ¡’º≈ª√–°Õ∫°“√¢“¥∑ÿπ‡æ’¬ß 15.2 ≈â“π∫“∑ ®“°√“¬‰¥â®”π«π 1,161 ≈â“π∫“∑ ´÷Ëß≈¥≈ßÕ¬à“ß¡“°‡¡◊ËÕ‡∑’¬∫°—∫º≈ª√–°Õ∫°“√„πªï 2544 ´÷Ëß¢“¥∑ÿπ‡ªìπ®”π«π 250.4 ≈â“π∫“∑ ®“°√“¬‰¥â®”π«π 363 ≈â“π∫“∑ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ¡’¬Õ¥¢“¬ 1,793 ≈â“π∫“∑·≈–¡’°”‰√ ÿ∑∏‘ 18 ≈â“π∫“∑ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ¡’¬Õ¥¢“¬ 1,066 ≈â“π∫“∑·≈–¡’°”‰√ ÿ∑∏‘ 126.3 ≈â“π∫“∑ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ¡’¬Õ¥¢“¬ 429 ≈â“π∫“∑·≈–¡’ °”‰√ ÿ∑∏‘ 44.2 ≈â“π∫“∑

Annual Report 2002

KCE ELECTRONICS PCL

Despite a slow start to 2002, a trend continuing from the previous year, KCE sales revenue increased progressively as time went by. The worldûs electronic sector was still in depression with the erosion of prices in both Europe and America, as a consequence of a worsening oversupply situation. However, with the management maintaining a high level of morale, our sales teams managed to secure an improving order book, which combined with the implementation of heavy cost reduction programs, produced a very satisfactory outcome.

KCE and its subsidiaries all managed to obtain a profit, except for KCE Technology. However, KCE Technology, which started operation only last year, was able to reduce its losses significantly down to Baht 15.2 million based on revenue of Baht 1,161 million and compared to a loss of Baht 250.4 million from the previous year, on revenue of Baht 363 million. KCE sales revenue was Baht 1,793 million with profits of Baht 18 million, KCE International sales of Baht 1,066 million with profits of Baht 126.3 million, Thai Laminate Manufacturers sales revenue was Baht 429 million with profits of Baht 44.2 million.

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

√“¬‰¥â ÿ∑∏‘¢Õß°≈ÿà¡ KCE „π√Õ∫ªï 2545 Ÿß°«à“ªï∑’Ëºà“π¡“ ‡ªìπ®”π«π 116 ≈â“π∫“∑ À√◊Õ‡æ‘Ë¡¢÷Èπ √âÕ¬≈– 3.31 à«π°”‰√ ÿ∑∏‘‡æ‘Ë¡¢÷Èπ ‡ªìπ®”π«π‡ß‘π 144.9 ≈â“π∫“∑ À√◊Õ√âÕ¬≈– 4.528 ·¡â«à“ ¿“æ∑“ß°“√µ≈“¥¢ÕßÕÿµ “À°√√¡Õ‘‡≈Á°∑√Õπ‘° å „πªï 2545 ¬—ß§ßÕ¬Ÿà„π ¿“«–∑’Ë ‰ ¡à ‡Õ◊ÈÕÕ”π«¬ ·µà∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) °Á¬—ß “¡“√∂·°â ‰¢ ∂“π°“√≥å ‰¥â¥’·≈– “¡“√∂µÕ∫ πÕß§«“¡µâ Õ ß°“√¢Õß≈Ÿ ° §â “ ‚¥¬°“√π”‡∑§‚π‚≈¬’ ∑’Ë π” ¡— ¬ ·≈–«‘ ∏’ ° “√º≈‘ µ ∑’Ë ¡’ ª√– ‘∑∏‘¿“æ¡“„™â √«¡∑—Èß§«“¡‰¥â‡ª√’¬∫„π√–∫∫‡§√◊Õ¢à“¬∑“ß°“√µ≈“¥ °“√¢“¬ ·≈–™àÕß∑“ß°“√ ®—¥®”Àπà“¬´÷ßË °√–®“¬Õ¬Ÿ√à Õ∫‚≈°·≈– “¡“√∂Õ”π«¬§«“¡ –¥«°„Àâ·°à≈°Ÿ §â“‰¥âÕ¬à“ß∑—π∑à«ß∑’ ¡’»πŸ ¬å√«¡ °“√®—¥°“√§≈—ß ‘π§â“·∫∫§√∫«ß®√ ∑’¡«‘»«°√´÷Ëß¡’§«“¡™”π“≠·≈–‡™◊ËÕ∂◊Õ‰¥â √«¡∂÷ß∑’¡∫√‘À“√ °“√®—¥°“√∑’Ë§√Õ∫§≈ÿ¡‰ª∑—Ë«‚≈° ∑—Èß„π¬ÿ‚√ª À√—∞Õ‡¡√‘°“ ‘ß§‚ª√å „πªï 2545 ∑“ß∫√‘…—∑‰¥â‡ªî¥ “¢“ ∑’Ëª√–‡∑»‡°“À≈’ ·≈–√à«¡¡◊Õ°—∫∫√‘…—∑„πª√–‡∑»≠’ËªÿÉπ‡æ◊ËÕ¢¬“¬µ≈“¥„πª√–‡∑»π—Èπ à«πµ≈“¥„π ª√–‡∑»°Á¡’°“√¢¬“¬µ—«Õ¬à“ßµàÕ‡π◊ËÕß‡™àπ°—π „π™à«ß‡¥◊Õπ¡’π“§¡ 2545 ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ‰¥â‡√‘Ë¡‡ªî¥¥”‡π‘π°“√„π à«π¢¬“¬∑’Ë 2 ‡æ◊ËÕ¢¬“¬°”≈—ß°“√º≈‘µ·ºß«ß®√æ‘¡æå™—Èπ„π (Inner Layer) ·≈–µ“¡¥â«¬°“√¢¬“¬°”≈—ß°“√º≈‘µ«ß®√ æ‘¡æå™—ÈππÕ° (Outer Layer) „π‡¥◊Õπµÿ≈“§¡¢Õßªï‡¥’¬«°—π ´÷Ëß°”≈—ß°“√º≈‘µ„π à«π∑’Ë 2 π’È ‰¥â‡ √Á® ¡∫Ÿ√≥å„πª≈“¬ªï 2545 ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ Õ¬Ÿà„π√–À«à“ß°“√¢¬“¬°”≈—ß°“√º≈‘µ·ºàπ≈“¡‘‡πµ (Laminate) ´÷Ëß‡ªìπ«—µ∂ÿ¥‘∫∑’Ë „™â „π°“√º≈‘µ·ºß«ß®√æ‘¡æå ‚¥¬°àÕ √â“ßÕ“§“√À≈—ß„À¡à ´÷Ëß·≈â«‡ √Á® „π‡¥◊Õπ¡°√“§¡ 2546 ·≈–§“¥«à“°“√µ‘¥µ—Èß‡§√◊ËÕß®—°√®–·≈â«‡ √Á®·≈–æ√âÕ¡¥”‡π‘π°“√„π‡¥◊Õπ æƒ…¿“§¡π’È „πªï 2545 ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ·≈–∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ (∫√‘…—∑¬àÕ¬) ‰¥â√—∫°“√√—∫√Õß¡“µ√∞“π ISO 14001 ´÷Ëß‡ªìπ ¡“µ√∞“π°“√®—¥°“√¥â“π ‘Ëß·«¥≈âÕ¡ ¬‘Ëß‰ª°«à“π—Èπ„πªí®®ÿ∫—π∑“ß∫√‘…—∑œ °”≈—ß‡µ√’¬¡°“√‡æ◊ËÕ„Àâ ‰¥â√—∫ °“√√—∫√Õß¡“µ√∞“π ISO/TS 16949 ´÷ßË ‡ªìπ¡“µ√∞“π„À¡à∑¡’Ë “·∑π∑’Ë ISO 9000 ·≈–§“¥«à“®–·≈â«‡ √Á®„π ªï 2546 π’È „π‚≈°ªí®®ÿ∫—ππ’È ∏ÿ√°‘®µà“ßÊ ¡’§«“¡‰¡à·πàπÕπ∑—Èß∑“ß¥â“π‡»√…∞°‘®·≈–°“√‡¡◊Õß ·µà ”À√—∫ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑„π‡§√◊Õ µà“ß°Á‰¥â‡µ√’¬¡°“√·≈–¡’§«“¡æ√âÕ¡‡ªìπ Õ¬à“ß¥’ „π°“√∑’Ë®–√—∫¡◊Õ°—∫‡Àµÿ°“√≥å∑â“∑“¬µà“ßÊ ‡À≈à“π—Èπ ∑â“¬∑’Ë ÿ¥π’È ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑„π‡§√◊Õ ¢Õ· ¥ß§«“¡ ¢Õ∫§ÿ≥µàÕ∑à“πºŸâ∂◊ÕÀÿâπ ∂“∫—π°“√‡ß‘π ≈Ÿ°§â“∑—ÈßÀ≈“¬ ·≈–∫√‘…—∑ºŸâ¢“¬ (Suppliers) ∑’Ë ‰ ¥â „Àâ°“√ π—∫ πÿπ°‘®°√√¡¢Õß∫√‘…—∑œ ¥â«¬¥’µ≈Õ¥¡“ ·≈–¢Õ¢Õ∫§ÿ≥æπ—°ß“π∑ÿ°§π∑’Ë ‰¥âªÆ‘∫—µ‘ß“πÕ¬à“ß‡µÁ¡ §«“¡ “¡“√∂„π√Õ∫ªï∑’Ëºà“π¡“ ∫√‘…—∑œ À«—ß‡ªìπÕ¬à“ß¬‘Ëß«à“§ß®–‰¥â√—∫°“√ π—∫ πÿπ·≈–§«“¡√à«¡¡◊Õ ®“°∑ÿ°∑à“π ∑’Ë°≈à“«¡“¥â«¬¥’µ≈Õ¥‰ª

Annual Report 2002

KCE ELECTRONICS PCL

The combined result in the consolidated accounts shows an increase in revenue of Baht 116 million or 3.31%, an increase in net profit of Baht 144.9 million or 4,528% compared to previous year. While the electronic market remains difficult, KCE have a powerful answer in the package we offer to our customers. The manufacturing base is çState of the Arté being fully integrated and highly qualified; our network of sales and distribution offices provide a local service second to none, we offer a comprehensive warehousing hub operation, qualified engineering backup and all the usual administration functions available worldwide through KCE Europe, KCE America, KCE Singapore and Enzmann Germany. KCE also have a presence in Japan and most recently in Korea. The local market in Thailand is continuing to grow satisfactorily. KCE Technology started the second phase of expansion during March for inner layer; following on with an increase in outer layer capacity in October. This phase was completed by the year end. Thai Laminate Manufacturer is expanding its lamination capacity, with a new building becoming available in January 2003, and machinery installation to be completed by May 2003. Our attention to pollution controls and environmental friendly technology, has earned KCE, KCE International and KCE Technologyûs ISO 14001 certification and we are currently working towards TS 16949 approval. Once more there are uncertainties around the world, both economic and political, but we feel that we are in a very strong position and more than capable of meeting these challenges. Finally, we take this opportunity to express a sincere thank you to our customers, shareholders, suppliers, financial institutions and staff for their continued support.

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

√“¬ß“π¢Õß§≥–°√√¡°“√µ√«® Õ∫ THE AUDIT COMMITEE REPORT ‡√’¬π ∑à“πºŸâ∂◊ÕÀÿâπ §≥–°√√¡°“√µ√«® Õ∫‰¥â ª Ø‘ ∫— µ‘ À πâ “ ∑’Ë Õ ¬à “ ßÕ‘ √–µ“¡¿“√°‘ ® ·Àà ß §«“¡√— ∫ º‘ ¥ ™Õ∫¢Õß °“√°”°—∫¥Ÿ·≈µ√«® Õ∫ ·≈–√—∫∑√“∫¢âÕ™’È·®ß„π “√– ”§—≠‡°’Ë¬«°—∫°“√ª√–°Õ∫∏ÿ√°‘®¢Õß∫√‘…—∑œ „π√Õ∫ªï æ.». 2545 ‡æ◊ËÕ§«“¡∂Ÿ°µâÕß™—¥‡®π ‚¥¬‰¥âª√–™ÿ¡√à«¡°—∫ºŸâµ√«® Õ∫¿“¬„π¢Õß∫√‘…—∑œ ‡®â“Àπâ“∑’ΩË “É ¬∫—≠™’·≈–°“√‡ß‘π ·≈–ºŸ∫â √‘À“√ √«¡ 6 §√—ßÈ ·≈–‰¥âª√–™ÿ¡√à«¡°—∫§≥–ºŸ â Õ∫∫—≠™’¿“¬πÕ° √«¡ 4 §√—Èß ∑’Ë ª √–™ÿ ¡ ‰¥â À “√◊ Õ ·≈–·≈°‡ª≈’Ë ¬ π¢â Õ §‘ ¥ ‡ÀÁ π ‡°’Ë ¬ «°— ∫ ¢â Õ ¡Ÿ ≈ ·≈–ª√–‡¥Á π ∑’Ë ¡’ “√– ”§— ≠ ®“° √“¬ß“π°“√µ√«® Õ∫¢ÕßºŸµâ √«® Õ∫¿“¬„π´÷ßË ‰¥â¥”‡π‘πµ“¡·ºπ°“√µ√«® Õ∫¿“¬„πª√–®”ªï æ.». 2545 ∑’Ë ‰¥â«“ß‰«â ·≈–„πªïπ’È ºŸâµ√«® Õ∫¿“¬„π‰¥âµ√«® Õ∫√à«¡°—∫∑’¡°“√ª√–‡¡‘π°“√ªØ‘∫—µ‘ß“πµ“¡¡“µ√∞“π QS 9000 ∑’Ë∫√‘…—∑¬÷¥∂◊ÕªØ‘∫—µ‘Õ’° 2 §√—Èß §≥–°√√¡°“√µ√«® Õ∫¡’§«“¡‡ÀÁπ«à“ °“√µ√«® Õ∫¿“¬„π ¢Õß∫√‘…—∑œ „π√Õ∫ªï∑’Ëºà“π¡“‰¥â°√–∑”‰ªÕ¬à“ß¡’ª√– ‘∑∏‘¿“æ∑—Èß¥â“π°“√µ√«® Õ∫‡™‘ßªØ‘∫—µ‘°“√·≈– ‡™‘ß‡Õ° “√ ·≈–§≥–°√√¡°“√µ√«® Õ∫‰¥âπ” àß√“¬ß“π°“√ª√–™ÿ¡¢Õß§≥–°√√¡°“√µ√«® Õ∫ ∑ÿ°§√—ÈßµàÕ§≥–°√√¡°“√∫√‘…—∑œ ‡æ◊ËÕ„Àâ ‰¥â√—∫∑√“∫ §≥–°√√¡°“√µ√«® Õ∫‰¥â√«à ¡æ‘®“√≥“ß∫∫—≠™’·≈–°“√‡ß‘π‡ªìπ√“¬‰µ√¡“ ·≈–ß∫°“√‡ß‘π√«¡ ª√–®”ªï æ.». 2545 °—∫ºŸâ Õ∫∫—≠™’¿“¬πÕ° Õ¿‘ª√“¬ª√–‡¥Áπ∑’Ë‡ªìπ “√– ”§—≠·Ààß§«“¡∂Ÿ°µâÕß·≈– ‡À¡“– ¡ æ√â Õ ¡∑—È ß ‰¥â √— ∫ øí ß ª√–‡¥Á π °“√ª√— ∫ ª√ÿ ß ·≈–¢â Õ ‡ πÕ·π–µà “ ßÊ Õ— π ‡ªì π ª√–‚¬™πå ® “° ºŸâ Õ∫∫—≠™’¿“¬πÕ° ‡æ◊ËÕ§«“¡πà“‡™◊ËÕ∂◊Õµ“¡À≈—°°“√∫—≠™’∑’Ë‡ªìπ∑’Ë√—∫√Õß ·≈–¡’¢âÕ¡Ÿ≈‡ªî¥‡º¬‡æ’¬ßæÕ ”À√—∫°“√≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ §◊Õ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ (KCE Technology Co., Ltd.) ‡æ◊ËÕ¢¬“¬°“√º≈‘µ ‘π§â“·ºß«ß®√Õ‘‡≈Á°∑√Õπ‘° åµ“¡·π«‡∑§‚π‚≈¬’„À¡àπ—Èπ ∫√‘…—∑‰¥â¥”‡π‘π°“√µ“¡ ·ºπ∑’Ë«“ß‰«â∑—Èß¥â“π°“√≈ß∑ÿπ·≈–°“√º≈‘µÕ¬à“ß‡À¡“– ¡ §≥–°√√¡°“√µ√«® Õ∫æ∫«à“‚√ßß“π„À¡à ·Ààßπ’È ‰¥â¥”‡π‘π°“√º≈‘µ ‘π§â“®π‡µÁ¡°”≈—ß°“√º≈‘µ„π¢≥–π’È ·≈–®–‡æ‘Ë¡°”≈—ß°“√º≈‘µµàÕ‰ªÕ’°µ“¡ ·ºπ°“√‡æ‘Ë¡‡µ‘¡‡§√◊ËÕß®—°√¢Õß‚√ßß“π„πªïæ.». 2546

®“°°“√æ‘®“√≥“»÷°…“¢âÕ¡Ÿ≈·≈– “√– ”§—≠„π°“√∫√‘À“√·≈–°“√¥”‡π‘π°‘®°“√¢Õß∫√‘…—∑œ „π √Õ∫ªïæ.». 2545 §≥–°√√¡°“√µ√«® Õ∫¡’§«“¡‡ÀÁπ«à“ ºŸ∫â √‘À“√¢Õß∫√‘…∑— œ ‰¥â∫√‘À“√°‘®°“√·≈–∫√‘À“√ §«“¡‡ ’Ë¬ß¥â«¬À≈—°∫√‘À“√ß“π∑’Ë¥’ ¡’°“√ª√—∫ª√ÿß·≈–æ—≤π“√–∫∫°“√∑”ß“π„Àâ¥’¢÷Èπ Õ—π Õ¥§≈âÕß°—∫ ¿“«–°“√≥å¢Õß‚≈°‡ªìπÕ¬à“ß¥’ “¡“√∂ √â“ß √√§åº≈‘µ¿—≥±å∑¡’Ë §’ ≥ ÿ ¿“æ¥’‡¥àπ ®π∑”„Àâ∫√‘…∑— œ¡’™Õ◊Ë ‡ ’¬ß µ‘¥Õ—π¥—∫∫√‘…—∑º≈‘µ™‘Èπ à«πÕ‘‡≈Á°∑√Õπ‘° å™—Èππ”¢Õß‚≈° ·≈– “¡“√∂ √â“ßº≈°”‰√‡æ‘Ë¡¢÷Èπ°«à“„π√Õ∫ªï∑’Ë ·≈â«¡“ ·¡â«à“„π¢≥–π’È ¿“«–°“√≥å‡»√…∞°‘®¢Õß‚≈°¬—ßµ°µË”Õ¬Ÿà°Áµ“¡ §≥–°√√¡°“√µ√«® Õ∫‰¥â· ¥ß§«“¡‡ÀÁπµ“¡π—¬·ÀàßÀπâ“∑’ËµàÕ§≥–°√√¡°“√∫√‘…—∑œ „π°“√ §—¥‡≈◊Õ°ºŸâ Õ∫∫—≠™’√—∫Õπÿ≠“µ∑’Ë‡ÀÁπ«à“¡’§ÿ≥ ¡∫—µ‘·≈–§à“µÕ∫·∑π∑’Ë‡À¡“– ¡ ‡æ◊ËÕ®–‰¥âπ”‡ πÕ„π ∑’ªË √–™ÿ¡„À≠à “¡—≠ª√–®”ªï¢ÕßºŸ∂â Õ◊ Àÿπâ „Àâæ®‘ “√≥“·µàßµ—ßÈ ‡ªìπºŸ â Õ∫∫—≠™’√∫— Õπÿ≠“µ¢Õß∫√‘…∑— œ ”À√—∫ ªïæ.». 2546 µàÕ‰ª π“¬·æ∑¬å∑Õß¥’ ™—¬æ“π‘™ ª√–∏“π §≥–°√√¡°“√µ√«® Õ∫ 7 ¡’π“§¡ 2546 Annual Report 2002

KCE ELECTRONICS PCL

To Shareholders In the fiscal year of 2002, the Audit Committee in fulfilling its duties and responsibilities to audit and review the Company's performance and progress, convened six meetings with the internal auditor. The meetings were also joined by the chief accountant and management for discussion and clarification of certain significant issues during the review. The internal auditor presented detailed reports of activities performed according to the fiscal year plan to the audit committee. This year the internal auditor team also participated in two jointed auditing processes with the QS 9000 audit team. With review and discussion on key-issues made in the meetings, the audit committee was fully satisfied with the results of the internal auditing process and documentation. Minute of each audit committee meeting has been submitted to the Board of Directors. In addition, the audit committee held four meetings with the independent auditors to review the quarterly and fiscal financial statements of the company and subsidiaries for the fiscal year 2002. The committee also met with the management to ensure that the essential data are appropriate, adequate, and accurately presented duly to all relevant regulations and legislation.

The audit committee realized that the investment in a new subsidiary company, KCE Technology Co., Ltd., with new advanced technology, is at present operating in full production capacity. The company plans to add more production machinery in the next phase of expansion within 2003. According to the audit committee's review of the Company's performance and progress during the year 2002, the results indicated that the company has been well managed by an efficient management team leading to manufacturing high quality electronic products with worldwide recognition. The company has been able to make profit during the fiscal year 2002, despite the current situation of the world economic recession. For the fiscal year 2003, the audit committee has sought and recommended a qualified certified independent auditor firm with appropriate remuneration, to be presented at the Annual Shareholders Meeting for appointment approval as the Companyûs auditor. Dr. Thongdee Shaipanich Chairman of Audit Committee 7 th March, 2003 √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

≈—°…≥–°“√ª√–°Õ∫∏ÿ√°‘® NATURE OF BUSINESS ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ‡ªìπºŸâº≈‘µ·≈–®”Àπà“¬·ºàπæ‘¡æå«ß®√Õ‘‡≈Á°∑√Õπ‘° å (PRINTED CIRCUIT BOARD À√◊Õ PCB) ‚¥¬‡ªìπ°“√º≈‘µ‡æ◊ËÕ àßÕÕ°‡ªìπ à«π„À≠à ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) º≈‘µ PCB ª√–‡¿∑ MULTILAYER °«à“ 80% µàÕ¡“ ‘π§â“ª√–‡¿∑π’È ‰¥â¡’°“√æ—≤π“Õ¬à“ßµàÕ‡π◊ËÕßÕ’°∑—Èß§«“¡µâÕß°“√„πµ≈“¥‚≈°‡æ‘Ë¡¢÷Èπ ∑”„Àâ∫√‘…—∑œ ‰¥â¡’°“√¢¬“¬ ‚√ßß“πº≈‘µ·≈–µ—«·∑π®”Àπà“¬ ªí®®ÿ∫—π∫√‘…—∑œ ¡’∫√‘…—∑¬àÕ¬ ‰¥â·°à ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ º≈‘µ·≈–®”Àπà“¬·ºàπ PCB ª√–‡¿∑ DOUBLE SIDED PTH ‚¥¬∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ‰¥â∂◊ÕÀÿâπÕ¬Ÿà®”π«π 94.99% ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ´÷Ëß∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ‰¥â∂◊ÕÀÿâπÕ¬Ÿà®”π«π 97.63% ∫√‘…—∑π’È∑”°“√º≈‘µ COPPER CLAD LAMINATE ·≈– PREPREG ´÷Ëß‡ªìπ«—µ∂ÿ¥‘∫ ”§—≠„π°“√º≈‘µ·ºàπæ‘¡æå«ß®√Õ‘‡≈Á°∑√Õπ‘° å ·≈– ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ º≈‘µ·≈–®”Àπà“¬ PRINTED CIRCUIT BOARD (PCB) ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ∂◊ÕÀÿâπÕ¬Ÿà®”π«π 100% πÕ°®“°π’È¬—ß¡’∫√‘…—∑„π‡§√◊Õ ´÷Ëß∑”Àπâ“∑’Ë‡ªìπ µ—«·∑π®”Àπà“¬ PCB §◊Õ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ ·≈–∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥

‚§√ß √â“ß√“¬‰¥â¢Õß∫√‘…—∑ REVENUES STRUCTURE

∫¡®.‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å KCE ▼

94.99% ▼

∫®°.‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ KCEI ▼

24.38%

▼

‡§´’Õ’ Õ‡¡√‘°“ KCEA

23.89% ▼

‡§´’Õ’ ‘ß§‚ª√å KCES ▲

23.89% Annual Report 2002

KCE ELECTRONICS PCL

KCE Electronics Public Company Limited (KCE) is the manufacturer and distributor of Printed Circuit Board (PCB). Most of the products are for export. Since the products are under continuous developing and the global demand are rising, KCE expanded its business by establishing subsidiaries and associated companies. The subsidiaries are consisting of 1) K C E International Co., Ltd., manufactures double sided PCB (94.99% own by KCE), 2) Thai Laminate Manufacturer Co., Ltd., manufactures of the copper clad laminated and prepreg, the important materials for PCB (97.63% own by KCE), 3) KCE Technology Co., Ltd., manufactures the Printed Circuit Board (100% own by KCE). The associated companies are consisting of 1) KCE America Corporation Inc. - the Sales Representative in U.S.A. and 2) KCE Singapore Pte. Ltd. - the Sales Representative in Singapore.

100% ▼

∫®°.‡§´’Õ’ ‡∑§‚π‚≈¬’ KCET

47.37% ▼

52.63% ▼

∫®°.‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å TLM √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

Annual Report 2002

KCE ELECTRONICS PCL

PCB

KCE Technology Co., Ltd.

´◊ÈÕ¡“¢“¬‰ª·ºàπ PCB

PCB

KCE Singapore PTE. Co., Ltd.

PCB

´◊ÈÕ¡“¢“¬‰ª·ºàπ PCB

∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥

KCE America Inc.

∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥

∫√‘…—∑√à«¡ / Affiliated Companies

º≈‘µ·ºàπ PCB

Laminate, Prepreg

Thai Laminate Manufacturer Co., Ltd.

∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥

º≈‘µ·ºàπ≈“¡‘‡πµ

PCB

º≈‘µ·ºàπ PCB

∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥

K.C.E. International Co., Ltd.

∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥

∫√‘…—∑¬àÕ¬ / Subsidiaries

PCB

º≈‘µ·ºàπ PCB

∫¡®. ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å

KCE Electronics Public Co., Ltd.

ª√–‡¿∑°‘®°“√ Business

™◊ÕË ∫√‘…∑— Company

47.77

48.75

100

97.63

94.993

100

% °“√∂◊ÕÀÿâπ Portion of investment %

2,100,569

321,816

900,000,000

99,999,910

172,493,000

4,656,369

33,614,614

593,879,751

279,955,495

608,754,612

2545 / 2002 ‡ß‘π≈ß∑ÿπ / Investment «‘∏’√“§“∑ÿπ «‘∏’ à«π‰¥â‡ ’¬ Cost Method Equity Method

393,222,069.14

996,758,101.15

1,161,156,434.18

428,822,647.35

1,065,751,990.32

1,793,163,528

√“¬‰¥â Income

47.77

48.75

100

97.63

94.993

100

2,100,569

321,816

600,000,000

99,999,910

172,493,000

5,193,029

37,638,923

310,004,469

243,814,466

626,164,648

2544 / 2001 ‡ß‘π≈ß∑ÿπ / Investment % °“√∂◊ÕÀÿâπ «‘∏’√“§“∑ÿπ «‘∏’ à«π‰¥â‡ ’¬ Portion of Cost Method Equity Method investment %

303,154,141.62

977,623,353.94

363,193,753.48

506,188,708.97

1,327,600,312.27

2,150,907,365

√“¬‰¥â Income

REVENUES STRUCTURE OF KCE ELECTRONICS PUBLIC COMPANY LIMITED, SUBSIDIARIES AND AFFILIATED COMPANIES

‚§√ß √â“ß√“¬‰¥â¢Õß∫√‘…—∑œ ∫√‘…—∑¬àÕ¬ ·≈–∫√‘…—∑√à«¡

ºâŸ∂◊ÕÀâÿπ·≈–°“√®—¥°“√ SHAREHOLDERS AND MANAGEMENT °≈ÿà¡ºŸâ∂◊ÕÀÿâπ√“¬„À≠à 10 √“¬·√° ≥ «—π∑’Ë 27 ∏—π«“§¡ 2545 TOP TEN SHAREHOLDERS FROM SHAREHOLDER LIST AS AT DECEMBER 27, 2002

™◊ËÕ Shareholders

®”π«πÀÿπâ Number of Shares

THAILAND SECURITES

∫√‘…—∑»Ÿπ¬å√—∫Ω“°À≈—°∑√—æ¬å (ª√–‡∑»‰∑¬)

Thailand Securities Depository Company Limited for Depositor

√âÕ¬≈– Percentage

8,448,178

27.41

14,846,394

48.16

π“¬ªí≠®– ‡ π“¥‘ —¬

Mr. Panja Senadisai

1,288,860

4.18

π“¬∫—≠™“ Õß§å‚¶…‘µ

Mr. Bancha Ongkosit

1,079,992

3.50

∫√√…—∑‡ß‘π∑ÿπÕÿµ “À°√√¡·Ààßª√–‡∑»‰∑¬

Industrial Finance Corporation of Thailand

800,000

2.60

π“ß«√≈—°…≥å Õß§å‚¶…‘µ

Mrs. Voraluksana Ongkosit

866,000

2.81

·æ∑¬åÀ≠‘ß®—π∑‘¡“ Õß§å‚¶…‘µ

Chantima Ongkosit M.D.

422,450

1.37

π“ßÕÿ∫≈ ®‘√–¡ß§≈

Mrs. Ubol Chiramongkol

364,010

1.18

π“ß “«®«∫®—π∑√å ¿‘√¡¬å¿—°¥’

Ms. Chuabchan Bhirombhakdi

286,250

0.93

π“¬·æ∑¬å‡°√’¬ß‰°√ Õ—§√«ß»å

Kriangkrai Akarawong M.D.

250,520

0.81

æ≈‡Õ° ‡ √‘¡ ≥ π§√

Gen. Serm Na Nakorn

192,000

0.62

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

§≥–°√√¡°“√∫√‘…—∑ COMPANYûS DIRECTORS π“¬∫—≠™“ Õß§å‚¶…‘µ

ª√–∏“π°√√¡°“√·≈–°√√¡°“√ºŸâ®—¥°“√

Mr. Bancha Ongkosit

Chairman and Managing Director

π“¬ªí≠®– ‡ π“¥‘ —¬

°√√¡°“√

Mr. Panja Senadisai

Director

·æ∑¬åÀ≠‘ß®—π∑‘¡“ Õß§å‚¶…‘µ

°√√¡°“√

Chantima Ongkosit M.D.

Director

π“ß«√≈—°…≥å Õß§å‚¶…‘µ

°√√¡°“√

Mrs. Voraluksana Ongkosit

Director

π“ß»‘√‘æ√√≥ —π∏π–æ—π∏å

°√√¡°“√

Mrs. Siriphan Suntanaphan

Director

π“¬·æ∑¬å∑Õß¥’ ™—¬æ“π‘™

°√√¡°“√·≈–ª√–∏“π°√√¡°“√µ√«® Õ∫

Thongdee Shaibhanich M.D.

Director and Chairman of Audit Committee

æ≈‚∑ π“¬·æ∑¬å ÿª√’™“ ‚¡°¢–‡«

°√√¡°“√·≈–°√√¡°“√µ√«® Õ∫

Lt. Gen. Suprija Mokkhavesa M.D.

Director and Audit Committee

π“ßÕÿ∫≈ ®‘√–¡ß§≈

°√√¡°“√·≈–°√√¡°“√µ√«® Õ∫

Mrs. Ubol Chiramongkol

Director and Audit Committee

Annual Report 2002

KCE ELECTRONICS PCL

‡®â“Àπâ“∑’Ë√–¥—∫ºŸâ∫√‘À“√ MANAGEMENT STAFF ™◊ËÕ π“¬∫—≠™“ Õß§å‚¶…‘µ π“ß«√≈—°…≥å Õß§å‚¶…‘µ π“ß»‘√‘æ√√≥ —π∏π–æ—π∏å π“¬Õ“∑‘µ¬å ‰°√ƒ°…å π“¬«‘∑°√ ‡≈‘»‰æ»“≈ π“¬™Ÿƒ°…å ‚™µ‘¡“√—µπå π“¬πæ¥≈ ∑—∫‡∑’Ë¬ß π“ß ÿ≥’ ‡Õ°∏’√®‘µµå π“ß‡ “«≈—°…≥å «√“¡‘µ√ °ÿ≈

NAME

µ”·Àπàß °√√¡°“√ºŸâ®—¥°“√ ºŸâÕ”π«¬°“√ ”π—°∫√‘À“√ ºŸâ®—¥°“√∑—Ë«‰ª ºŸâÕ”π«¬°“√ΩÉ“¬°“√‡ß‘π ºŸâÕ”π«¬°“√ΩÉ“¬ªØ‘∫—µ‘°“√º≈‘µ ºŸâÕ”π«¬°“√ΩÉ“¬∏ÿ√°“√∑—Ë«‰ª ºŸâÕ”π«¬°“√ΩÉ“¬§ÿ≥¿“æ ºŸâÕ”π«¬°“√ΩÉ“¬∫—≠™’ ºŸâÕ”π«¬°“√ΩÉ“¬ π—∫ πÿπ°“√º≈‘µ

ª√– ∫°“√≥å 2525-ªí®®ÿ∫—π : ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) 2532-ªí®®ÿ∫—π : ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) 2536-ªí®®ÿ∫—π : ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) 2535-ªí®®ÿ∫—π : ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) 2527-ªí®®ÿ∫—π : ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) 2532-ªí®®ÿ∫—π : ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) 2531-ªí®®ÿ∫—π : ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) 2540-ªí®®ÿ∫—π : ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) 2526-ªí®®ÿ∫—π : ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π)

POSITION

EXPERIENCE

Mr. Bancha Ongkosit Managing Director Mrs. Voraluksana Ongkosit Executiveûs Office Director Mrs. Siriphan Suntanaphan General Manager Mr. Athit Krairisksh Finance Director Mr. Vitagora Lerdpisarn Manufacturing Operation Director Mr. Chulerg Chotimarat General Administration Director Mr. Noppadol Tabtieang Quality Director Mrs. Sunee Ek-Teerachit Accounting Director Mrs. Saovalak Waramitsakul Manufacturing Support Director

1982-Present : KCE Electronics Public Company Limited 1989-Present : KCE Electronics Public Company Limited 1993-Present : KCE Electronics Public Company Limited 1992-Present : KCE Electronics Public Company Limited 1984-Present : KCE Electronics Public Company Limited 1989-Present : KCE Electronics Public Company Limited 1988-Present : KCE Electronics Public Company Limited 1997-Present : KCE Electronics Public Company Limited 1983-Present : KCE Electronics Public Company Limited

Remuneration

§à“µÕ∫·∑π¢ÕßºŸâ∫√‘À“√ §à“µÕ∫·∑π°√√¡°“√∫√‘…—∑œ §π≈– 300,000 ∫“∑ §à“µÕ∫·∑πºŸâ∫√‘À“√ ®”π«πºŸâ∫√‘À“√∑—Èß ‘Èπ 9 §π √«¡∂÷ß °√√¡°“√∫√‘À“√¢Õß∫√‘…—∑œ 3 §π ´÷Ëß∑”ß“π„π∫√‘…—∑œ „π√Õ∫√–¬–‡«≈“ 1 ªï ∑’Ëºà“π¡“ (ªï 2545) §à“µÕ∫·∑π´÷Ëßª√–°Õ∫‰ª¥â«¬‡ß‘π‡¥◊Õπ·≈–‚∫π— √«¡∂÷ß ‡ß‘π ¡∑∫°Õß∑ÿπ ”√Õß‡≈’È¬ß™’æ √«¡‡ªìπ®”π«π‡ß‘π 23,509,651 ∫“∑ (‰¡à¡’º≈ª√–‚¬™πåÕ◊ËπÊ ∑’Ë ‰¥â°≈à“«¡“ ¢â“ßµâπ) §à“µÕ∫·∑π§≥–°√√¡°“√µ√«® Õ∫∑—ßÈ 3 §π ‰¥â§“à µÕ∫·∑π §π≈– 150,000 ∫“∑ √“¬ß“πª√–®”ªï 2545

Directorsû remuneration is Baht 300,000 per person. Managements staff of 9 persons remuneration and 3 directors, consisting of monthly salary and bonus, were totaling Baht 23,509,651. The remuneration for the Audit Committee, including 3 directors, is Baht 150,000 per person.

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

√“¬ß“π°“√°”°—∫¥Ÿ·≈¢Õß§≥–°√√¡°“√ DIRECTORSû REPORT ON THE PRACTICES OF GOOD CORPORATE GOVERNANCE 1. π‚¬∫“¬‡°’Ë¬«°—∫°“√°”°—∫¥Ÿ·≈°‘®°“√ §≥–°√√¡°“√∫√‘…—∑œ ‰¥âµ√–Àπ—°∂÷ß§«“¡ ”§—≠¢Õß°“√°”°—∫¥Ÿ·≈°‘®°“√∑’Ë¥’ ¡’π‚¬∫“¬ π—∫ πÿπ°“√°”°—∫¥Ÿ·≈°‘®°“√∑’Ë¡’ª√– ‘∑∏‘¿“æ·≈–§«“¡®”‡ªìπ∑’ËµâÕßª√–°Õ∫∏ÿ√°‘®∑’Ë∂Ÿ°µâÕßµ“¡ °ÆÀ¡“¬·≈–®√‘¬∏√√¡¥â«¬§«“¡´◊ËÕ —µ¬å ÿ®√‘µ ¡’√–∫∫°“√®—¥°“√∑’Ë¥’‡∑’¬∫‰¥â°—∫∫√‘…—∑∑’Ë¥’Õ◊ËπÊ ∑—Ë«‰ª ¥”‡π‘πß“π¥â«¬§«“¡‚ª√àß„ “¡“√∂µ√«® Õ∫‰¥â ‚¥¬‡ªî¥‡º¬¢âÕ¡Ÿ≈Õ¬à“ß‡æ’¬ßæÕ·°àº∑Ÿâ ‡’Ë °’¬Ë «¢âÕß∑ÿ°ΩÉ“¬ À≈’°‡≈’Ë¬ß‰¡à„Àâ¡’°“√¢—¥·¬âßº≈ª√–‚¬™πå‡°‘¥¢÷Èπ √—∫º‘¥™Õ∫µàÕ°“√ªØ‘∫—µ‘Àπâ“∑’Ë¥â«¬§«“¡ “¡“√∂·≈–¡’ ª√– ‘∑∏‘¿“æ∑’Ë‡æ’¬ßæÕ‡æ◊ËÕ„Àâ‡°‘¥ª√–‚¬™πå Ÿß ÿ¥µàÕºŸâ∂◊ÕÀÿâπ πÕ°®“°π’È ∫√‘…—∑œ ¡’§«“¡¡ÿàß¡—Ëπ∑’Ë®– ªØ‘∫—µ‘µ“¡¢âÕ∫—ß§—∫¢Õßµ≈“¥À≈—°∑√—æ¬å·≈–‡™◊ËÕ«à“°“√°”°—∫¥Ÿ·≈°‘®°“√∑’Ë¡’ª√– ‘∑∏‘¿“æ®–∑”„Àâº≈°“√ ªØ‘∫—µ‘ß“π¢Õß∫√‘…—∑¥’¬‘Ëß¢÷Èπ·≈–®–‡ªìπª√–‚¬™πå Ÿß ÿ¥°—∫ºŸâ∂◊ÕÀÿâπ„π√–¬–¬“«‚¥¬∑—Ë«°—π à«πÀπ÷Ëß∑’Ë∑”„Àâ ∫√√≈ÿº≈ ”‡√Á®„π¿“√–Àπâ“∑’Ë°Á§◊Õ °“√∑’Ë§≥–°√√¡°“√‰¥â¡’°“√¡Õ∫À¡“¬Àπâ“∑’Ë §«“¡√—∫º‘¥™Õ∫„Àâ·°à §≥–°√√¡°“√∫√‘À“√·≈–§≥–°√√¡°“√µ√«® Õ∫Õ¬à“ß™—¥‡®π ‚¥¬∑’Ë§≥–°√√¡°“√∫√‘…—∑œ ¬—ß§ß √—∫º‘¥™Õ∫°“√¥”‡π‘πß“π¢Õß∫√‘…∑— œ Õ¬à“ß‡µÁ¡∑’Ë ·≈–πÕ°®“°π’È §≥–°√√¡°“√·≈–§≥–°√√¡°“√∫√‘À“√ ‰¥â „Àâ§«“¡ ”§—≠·°àºŸâ∂◊ÕÀÿâπ ‡§“√æ„π ‘∑∏‘·≈–§«“¡‡∑à“‡∑’¬¡°—π¢ÕßºŸâ∂◊ÕÀÿâπ ‚¥¬∑’Ë∑ÿ°ΩÉ“¬„Àâ§«“¡ ‰«â«“ß„®·≈–‡™◊ËÕ¡—Ëπ´÷Ëß°—π·≈–°—π„π°“√¡ÿàß∑’Ë®– √â“ßº≈ª√–‚¬™πå Ÿß ÿ¥·°à∫√‘…—∑œ

2. ‘∑∏‘¢ÕßºŸâ∂◊ÕÀÿâπ §≥–°√√¡°“√·≈–°√√¡°“√∫√‘À“√∫√‘…—∑œ ‰¥â®—¥„Àâ¡’√–∫∫´÷Ëß„Àâ§«“¡¡—Ëπ„®«à“ºŸâ∂◊ÕÀÿâπ®–‰¥â √—∫√ŸÕâ ¬à“ß∑—«Ë ∂÷ß‚¥¬‡∑à“‡∑’¬¡°—π ºŸ∂â Õ◊ Àÿπâ ∑’¡Ë Õ’ ”π“®§«∫§ÿ¡ΩÉ“¬®—¥°“√®–§”π÷ß∂÷ßº≈ª√–‚¬™πå¢ÕßºŸ∂â Õ◊ Àÿπâ à«ππâÕ¬Õ¬à“ß√Õ∫§Õ∫·≈–ºŸâ∂◊ÕÀÿâπ à«ππâÕ¬‰¡à§«√¬—∫¬—Èß°“√°√–∑”¢Õß∫√‘…—∑‚¥¬‰¡à¡’‡Àµÿº≈ ·≈– §≥–°√√¡°“√∫√‘…—∑œ æ¬“¬“¡Õ¬à“ß‡µÁ¡∑’Ë„π°“√‡¢â“√à«¡°“√ª√–™ÿ¡ºŸâ∂◊ÕÀÿâπ∑ÿ°§√—Èß „πªï 2546 ∫√‘…—∑œ ¡’°“√ª√–™ÿ¡ “¡—≠ºŸâ∂◊ÕÀÿâπ 1 §√—Èß ‚¥¬‰¥â àßÀπ—ß ◊Õπ—¥ª√–™ÿ¡ √“¬ß“π ª√–®”ªï ·≈–¢âÕ¡Ÿ≈ª√–°Õ∫°“√ª√–™ÿ¡µ“¡«“√–µà“ßÊ „ÀâºŸâ∂◊ÕÀÿâπ∑√“∫≈à«ßÀπâ“ 14 «—π∑”°“√ ‚¥¬„π ·µà≈–«“√–¡’§«“¡‡ÀÁπ¢Õß§≥–°√√¡°“√ ¡µ‘∑’Ëª√–™ÿ¡ ¡’°“√∫—π∑÷°°“√ª√–™ÿ¡∂Ÿ°µâÕß §√∫∂â«π·≈–¡’ °“√ àß√“¬ß“π°“√ª√–™ÿ¡„Àâ°—∫µ≈“¥À≈—°∑√—æ¬å·Ààßª√–‡∑»‰∑¬ 3. ‘∑∏‘¢ÕßºŸâ¡’ à«π‰¥â‡ ’¬ ∫√‘…—∑œ ‰¥â „Àâ§«“¡ ”§—≠µàÕ ‘∑∏‘¢ÕßºŸâ¡’ à«π‰¥â‡ ’¬∑ÿ°°≈ÿà¡ ‚¥¬‡©æ“–Õ¬à“ß¬‘Ëßæπ—°ß“π ™ÿ¡™π·≈– ‘Ëß·«¥≈âÕ¡ ‚¥¬∑’Ëºà“π¡“∫√‘…—∑œ ‰¥â „Àâ§«“¡ ”§—≠Õ¬à“ß¬‘ËßµàÕ√–∫∫§«“¡ª≈Õ¥¿—¬·≈– Annual Report 2002

KCE ELECTRONICS PCL

1. Policy on Corporate Governance The KCE Board of Directors recognizes the importance of good corporate governance and implements the policy to comply with the principles and guidelines of good corporate governance set by the Stock Exchange of Thailand, believing that good governance will improve corporate performance and maximize the benefits of the shareholders. The company has professional management system, in accordance with generally accepted corporate practices as other recognized listed companies and conduct the business with transparency, accountability and integrity, avoiding any potential conflict of interest. To achieve such duty, the Board clearly defines and delegates the responsibilities to the management team and the audit committee. The Board assumes full responsibility in relation to the operations of the company; to ensure that business is conducted with high standards of corporate governance, with legally and ethically accepted corporate practices. The Board assumes all responsibilities regarding the operation of the company. The Board and the management shall respect the rights and facilitate equal treatments for all shareholders. All parties including the shareholders shall adopt an attitude of mutual respect and trust towards each other for the interest of the company.

2. Shareholders : Rights and Equitable Treatment The Board of Directors and management committee establish a system to ensure equal treatment and information disclosure for all shareholders. The major shareholders should consider the interest of the minority shareholders while the minority should not restrain corporate actions unreasonably. The Chairman and directors shall try their best to attend the shareholderûs meeting. The Ordinary Annual General Meeting of shareholders was held once in 2002. The meeting agendas, annual report and all other relevant documents were sent to all shareholders 14 working days prior to the meeting. Each agenda included the Board of Directorsû resolutions were carefully recorded and disclosed to the Stock Exchange of Thailand.

3. Various groups of Stakeholders The Management recognizes the importance of various stakeholders especially the employees, the community and the environment. The Board respects the stakeholdersû legally rights and ensure that those rights are protected and treated with care. The KCE management recognizes the importance of the protection of the environment. The company has been awarded ISO 14001 certification from SGS Thailand for effective environmental management system, demonstrating the company sound environmental performance. The company policy emphasizes efficient utilisation of energy and natural resources. Large investment was spent on water, chemical and air treatment systems. All plants belonging to the company are located in the Industrial Estates, all of which provide strict protection and reduction of industrial effects on environment. The company values the importance of contributing to society, as a responsible member of the community the company has contributed as follows : √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

‘Ëß·«¥≈âÕ¡·≈–µ√–Àπ—°‡ªìπÕ¬à“ß¬‘Ëß∂÷ß§«“¡ ”§—≠„π°“√√—°…“ ¿“æ·«¥≈âÕ¡„Àâ¬—Ëß¬◊π ´÷Ëß®–‡ÀÁπ‰¥â«à“∫√‘…—∑œ ‰¥âºà“π°“√ µ√«® Õ∫√–∫∫ ISO 14001 ®“°∫√‘…—∑ SGS ª√–‡∑»‰∑¬ ®”°—¥ ´÷Ëß‡ªìπ¡“µ√∞“πÕÿµ “À°√√¡¥â“π ‘Ëß·«¥≈âÕ¡ ∫√‘…—∑œ ‰¥â ¥”‡π‘ππ‚¬∫“¬°“√º≈‘µ∑’Ë„™âæ≈—ßß“π·≈–∑√—æ¬“°√∏√√¡™“µ‘Õ¬à“ß¡’§ÿ≥¿“æ ·≈–‰¥â≈ß∑ÿπ‡ªìπÕ¬à“ß¡“°‡æ◊ËÕ°“√∫”∫—¥¡≈æ‘… ∑“ßπÈ”·≈–∑“ßÕ“°“» Õ’°∑—Èß‚√ßß“π∑ÿ°·Ààß¢Õß∫√‘…—∑œ„π°≈ÿà¡µ—ÈßÕ¬Ÿà „π‡¢µÕÿµ “À°√√¡´÷Ëß®”‡ªìπµâÕßªÑÕß°—π·≈–≈¥ º≈°√–∑∫µàÕ ‘Ëß·«¥≈âÕ¡Õ¬à“ß®√‘ß®—ß πÕ°®“°π’È ∫√‘…∑— œ ¬—ß‰¥â„Àâ§«“¡ ”§—≠„π°“√¥”‡π‘π∏ÿ√°‘®¥â«¬§«“¡√—∫º‘¥™Õ∫µàÕ —ß§¡ ‚¥¬‰¥â„Àâ§«“¡™à«¬‡À≈◊Õ ·≈–æ—≤π“™ÿ¡™π ¥—ßπ’È - °àÕ √â“ß‚√ßÕ“À“√„Àâ·°à‚√ß‡√’¬π∑à“À«– µ”∫≈ √–‡Õ’Ë¬¡ Õ”‡¿Õ Õß ®—ßÀ«—¥·æ√à - °àÕ √â“ßÕ“§“√Õ‡π°ª√– ß§å·≈–ÀâÕßπÈ” ∑’Ë‚√ß‡√’¬π∫â“π„À¡à √–∫ÿ√’ Õ”‡¿Õ«—ßπÈ”‡¬Áπ ®—ßÀ«—¥ √–·°â« - ∫√‘®“§∑ÿπ°“√»÷°…“„Àâ·°àπ—°»÷°…“ §≥–·æ∑¬»“ µ√å ¡À“«‘∑¬“≈—¬¡À‘¥≈ - ∫√‘®“§‡ ◊ÈÕºâ“·≈–Õÿª°√≥å°“√»÷°…“„Àâ·°à‚√ß‡√’¬π‡ πàÀåæ√àÕß Õ”‡¿Õ —ß¢≈–∫ÿ√’ ®—ßÀ«—¥°“≠®π∫ÿ√’ - ∫√‘®“§‡ ◊ÈÕºâ“ ‘Ëß¢Õß·≈–‡ß‘π π—∫ πÿπ„Àâ·°à∫â“π‰√â∑’Ëæ÷Ëß ∫â“π∑—∫°«“ß Õ”‡¿Õ∑—∫°«“ß ®—ßÀ«—¥ √–∫ÿ√’ - ∫√‘®“§‡ß‘π√à«¡°—∫¡Ÿ≈π‘∏‘°“√π‘§¡Õÿµ “À°√√¡·Ààßª√–‡∑»‰∑¬ ™à«¬ºŸâª√– ∫¿—¬πÈ”∑à«¡ 4. °“√ª√–™ÿ¡ºŸâ∂◊ÕÀÿâπ „π°“√ª√–™ÿ¡ºŸ∂â Õ◊ Àÿπâ „πªï 2545 ¡’°√√¡°“√‡¢â“√à«¡°“√ª√–™ÿ¡§√∫∑—ßÈ ‘πÈ √«¡ 8 ∑à“π (¥—ß√“¬≈–‡Õ’¬¥„π√“¬ß“π ª√–®”ªï) ª√–∏“π„π∑’Ëª√–™ÿ¡‰¥â‡ªî¥‚Õ°“ „ÀâºŸâ∂◊ÕÀÿâπ¡’ ‘∑∏‘Õ¬à“ß‡∑à“‡∑’¬¡°—π„π°“√ Õ∫∂“¡ · ¥ß§«“¡§‘¥‡ÀÁπ √—∫øíß ¢âÕ‡ πÕ·π–„π·µà≈–«“√–°“√ª√–™ÿ¡ 5. ¿“«–ºŸâπ”·≈–«‘ —¬∑—»πå §≥–°√√¡°“√‰¥â¡ ’ «à π√à«¡„π°“√°”Àπ¥ (À√◊Õ„Àâ§«“¡‡ÀÁπ™Õ∫) «‘ ¬— ∑—»πå ¿“√°‘® °≈¬ÿ∑∏å ‡ªÑ“À¡“¬ ·ºπ∏ÿ√°‘® ·≈–ß∫ª√–¡“≥¢Õß∫√‘…—∑œ µ≈Õ¥®π°”°—∫¥Ÿ·≈„ÀâΩÉ“¬®—¥°“√¥”‡π‘π°“√„Àâ‡ªìπ‰ªµ“¡·ºπ∏ÿ√°‘®·≈–ß∫ª√–¡“≥∑’Ë°”Àπ¥ ‰«âÕ¬à“ß¡’ª√– ‘∑∏‘¿“æ·≈–ª√– ‘∑∏‘º≈ ‡æ◊ËÕ‡æ‘Ë¡¡Ÿ≈§à“∑“ß‡»√…∞°‘® Ÿß ÿ¥„Àâ·°à°‘®°“√ ·≈–§«“¡¡—Ëπ§ß Ÿß ÿ¥„Àâ·°àºŸâ∂◊ÕÀÿâπ 6. §«“¡¢—¥·¬âß¢Õßº≈ª√–‚¬™πå §≥–°√√¡°“√ª√“√∂π“∑’®Ë –À≈’°‡≈’¬Ë ß·≈–ªÑÕß°—π‰¡à„Àâ¡°’ “√¢—¥·¬âß¢Õßº≈ª√–‚¬™πå‡°‘¥¢÷πÈ Õ“®¡’‡ªìπ§√—ßÈ §√“« ∑’Ë¡’§«“¡¢—¥·¬âß‡°‘¥¢÷Èπ °√√¡°“√®–æ‘®“√≥“¥”‡π‘π°“√·°â ‰¢ªí≠À“‡ªìπ√“¬Ê ‰ªÕ¬à“ß√Õ∫§Õ∫·≈–¥â«¬®√‘¬∏√√¡·≈– §«“¡‚ª√àß„ ‡æ◊ËÕº≈ª√–‚¬™πå Ÿß ÿ¥¢Õß∫√‘…—∑œ ‡ªìπ ”§—≠ ·≈–‡ªî¥‡º¬„ÀâºŸâ∂◊ÕÀÿâπ∑√“∫ ∫√‘…—∑œ ¡’π‚¬∫“¬·≈–«‘∏’°“√§«∫§ÿ¡¢âÕ¡Ÿ≈¿“¬„π ¥—ßπ’È - °“√„Àâ§«“¡√Ÿ·â °àº∫Ÿâ √‘À“√„πΩÉ“¬µà“ßÊ ‡°’¬Ë «°—∫Àπâ“∑’∑Ë º’Ë ∫Ÿâ √‘À“√µâÕß√“¬ß“π°“√∂◊ÕÀ≈—°∑√—æ¬å¢Õß∫√‘…∑— œ ·≈– ∫∑°”Àπ¥‚∑…µ“¡æ√–√“™∫—≠≠—µ‘À≈—°∑√—æ¬å·≈–µ≈“¥À≈—°∑√—æ¬å æ.». 2535 ·≈–µ“¡¢âÕ°”Àπ¥¢Õß µ≈“¥À≈—°∑√—æ¬å·Ààßª√–‡∑»‰∑¬ - °”Àπ¥„Àâº∫Ÿâ √‘À“√√“¬ß“π°“√‡ª≈’¬Ë π·ª≈ß°“√∂◊ÕÀ≈—°∑√—æ¬åµÕà ”π—°ß“π§≥–°√√¡°“√°”°—∫À≈—°∑√—æ¬å·≈– µ≈“¥À≈—°∑√—æ¬åµ“¡¡“µ√“ 59 ·Ààßæ√–√“™∫—≠≠—µ‘À≈—°∑√—æ¬å·≈–µ≈“¥À≈—°∑√—æ¬å æ.». 2535 - ¥”‡π‘π°“√·®âß„ÀâºŸâ∫√‘À“√∑√“∫«à“ºŸâ∫√‘À“√∑’Ë ‰¥â√—∫∑√“∫¢âÕ¡Ÿ≈¿“¬„π‰¡à§«√´◊ÈÕÀ√◊Õ¢“¬À≈—°∑√—æ¬å¢Õß ∫√‘…—∑œ „π™à«ß 1 ‡¥◊Õπ°àÕπ∑’Ëß∫°“√‡ß‘π‡º¬·æ√àµàÕ “∏“√≥™π 7. ®√‘¬∏√√¡∏ÿ√°‘® ∫√‘…—∑œ ‰¥â°”Àπ¥¢âÕæ÷ßªØ‘∫—µ‘‡°’Ë¬«°—∫®√√¬“∫√√≥¢Õß§≥–°√√¡°“√ ΩÉ“¬®—¥°“√ ·≈–æπ—°ß“π ‡æ◊ËÕ„Àâ¬÷¥∂◊Õ ‡ªìπ·π«∑“ß„π°“√ªØ‘∫—µ‘Àπâ“∑’Ëµ“¡¿“√°‘®¢Õß∫√‘…—∑œ ¥â«¬§«“¡´◊ËÕ —µ¬å ÿ®√‘µ ·≈–‡∑’Ë¬ß∏√√¡∑—Èß°“√ªØ‘∫—µ‘µàÕ∫√‘…—∑œ ·≈–ºŸâ¡’ à«π‰¥â‡ ’¬∑ÿ°°≈ÿà¡ “∏“√≥™π·≈– —ß§¡ ‚¥¬ºŸâ∑’Ë‡°’Ë¬«¢âÕß‰¥â≈ßπ“¡√—∫∑√“∫·≈–µ°≈ß∑’Ë®–∂◊ÕªØ‘∫—µ‘·≈–∫√‘…—∑œ ‰¥â ◊Ë Õ “√°— ∫ æπ— ° ß“πÕ¬à “ ß ¡Ë” ‡ ¡Õ·≈–µ‘ ¥ µ“¡¥â « ¬°“√ªØ‘ ∫— µ‘ µ “¡·π«∑“ß¥— ß °≈à “ «‡ªì π ª√–®” √«¡∂÷ ß °”Àπ¥ ∫∑≈ß‚∑…∑“ß«‘π—¬‰«â¥â«¬ πÕ°®“°π’È ∑“ß∫√‘…—∑œ ¬—ß‰¥â√—∫°“√√—∫√Õß®“°√–∫∫ ISO 9002 ´÷Ëß¡’¡“µ√∞“π®√‘¬∏√√¡ §√Õ∫§≈ÿ¡®√‘¬∏√√¡∏ÿ√°‘®Õ’°¥â«¬ 8. °“√∂à«ß¥ÿ≈¢Õß°√√¡°“√∑’Ë ‰¡à‡ªìπºŸâ∫√‘À“√ §≥–°√√¡°“√¢Õß∫√‘…—∑œ ¡’®”π«π 8 ∑à“π ª√–°Õ∫¥â«¬ - °√√¡°“√∑’Ë‡ªìπºŸâ∫√‘À“√ 3 ∑à“π - °√√¡°“√∑’Ë ‰¡à‡ªìπºŸâ∫√‘À“√ 2 ∑à“π Annual Report 2002

KCE ELECTRONICS PCL

a building to be used as school cafeteria for Tava School, Tambon Sra-eiam, Amphur Song, Phrae. a multipurpose building and toilet facilities for Ban Mai School, Wang Num Yen, Srakaew. providing scholarship to medical students at Mahidol University. providing clothes and educational material for handicapped students at Saneh Prong, Amphur Sungkaburi, Kanchanaburi. - Donate money, clothes and other necessities to the homeless, (Barn Rai Ti Pung), Barn Tub Kwang, Amphur Tub Kwang, Saraburi. - Contributed to the Thai Industrial Estate Foundation to help the flood victims in Pichit.

4. Shareholdersû Meetings In 2002 all 8 directors of the KCE Board attended the Ordinary Annual General Meeting of shareholders (see detail in Annual Report) The Chairman encouraged equal opportunities for shareholders to express their opinions and raise any question at the meeting, according to the agenda and the issues presented.

5. Leadership and Vision The Board provides leadership, vision, developes policies and strategies, advises and monitors the performance of the management to reach the objectives of the company and to maximize benefits to the shareholders.

6. Conflict of Interest The Board prevents any potential conflict of interest for the best interest of the company. However, if the conflict of interest should occur, the matter would be determined case by case with care and ethically with transparency and fully disclosed. In order to control inside information, the company - Informs managers of their responsibility to accurately report on the activities of the companyûs stocks in accordance with the Securities and Exchange Act B.E. 2535 as well as the notifications of the Stock Exchange of Thailand (SET). - Requires the managers to report on any change in stock holding in accordance with Section 59 of the Securities and Exchange Act B.E. 2525. - Notifies managers that those possessing inside information should not buy or sell the companyûs stocks in the month prior to public disclosure of the financial statement.

7. Business Ethics Code of ethics and statement of business conduct are issued to all directors and employees to ensure that they are aware of, understands, and would keep monitoring the code of conduct as expected by the company and its shareholders. The company issues rules, regulations, corrective actions and penalty for nonconformities for effective enforcement. KCE also has been awarded ISO 9000 certifying effective quality management system.

8. Balance of power for Non-Executive Directors (See sample) The company board have eight directors which consists of : - Three executive directors - Two non-executive directors - Three audit committee (Two out of eight members are independent directors). √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

- °√√¡°“√µ√«® Õ∫ 3 ∑à“π (2 „π 8 ¢Õß§≥–°√√¡°“√∫√‘…—∑œ ‡ªìπ°√√¡°“√Õ‘ √–®”π«π 2 ∑à“π) 9. °“√√«¡À√◊Õ·¬°µ”·Àπàß ª√–∏“π°√√¡°“√¥”√ßµ”·Àπàß°√√¡°“√ºŸâ®—¥°“√‚¥¬∑’Ë∫∑∫“∑ Õ”π“® Àπâ“∑’Ë §«“¡√—∫º‘¥™Õ∫ ¡’°“√ ·∫àß·¬°Õ¬à“ß™—¥‡®π ¥—ß· ¥ß‰«â„π√“¬ß“πª√–®”ªï 10. §à“µÕ∫·∑π°√√¡°“√·≈–ºŸâ∫√‘À“√ ∫√‘…—∑œ ‰¥â°”Àπ¥π‚¬∫“¬§à“µÕ∫·∑π°√√¡°“√‰«âÕ¬à“ß™—¥‡®π ‚¥¬§à“µÕ∫·∑πÕ¬Ÿà„π√–¥—∫„°≈â‡§’¬ß°—∫ Õÿµ “À°√√¡™π‘¥‡¥’¬«°—π·≈–‰¥â¢ÕÕπÿ¡—µ‘®“°∑’Ëª√–™ÿ¡ºŸâ∂◊ÕÀÿâπ·≈â« ¥—ß· ¥ß‰«â„π√“¬ß“πª√–®”ªï 11. °“√ª√–™ÿ¡§≥–°√√¡°“√ §≥–°√√¡°“√∫√‘…—∑œ ¡’°“√ª√–™ÿ¡‚¥¬ª°µ‘∑ÿ°«—πÕ—ß§“√∑’Ë 3 ¢Õß‡¥◊Õπ·≈–¡’°“√ª√–™ÿ¡æ‘‡»…‡æ‘Ë¡µ“¡§«“¡ ®”‡ªìπ ‚¥¬¡’°“√°”Àπ¥«“√–∑’Ë™—¥‡®π≈à«ßÀπâ“·≈–¡’«“√–æ‘®“√≥“µ“¡º≈°“√¥”‡π‘πß“π‡ªìπª√–®” ΩÉ“¬‡≈¢“πÿ°“√∫√‘…—∑œ ‰¥â®—¥Àπ—ß ◊Õ‡™‘≠ª√–™ÿ¡æ√âÕ¡√–‡∫’¬∫«“√–°“√ª√–™ÿ¡·≈–‡Õ° “√°àÕπ°“√ª√–™ÿ¡≈à«ßÀπâ“ 7 «—π ‡æ◊ËÕ„Àâ§≥–°√√¡°“√‰¥â ¡’‡«≈“»÷°…“¢âÕ¡Ÿ≈Õ¬à“ß‡æ’¬ßæÕ°àÕπ‡¢â“√à«¡°“√ª√–™ÿ¡ ·≈–À“°°√√¡°“√∑à“π„¥µâÕß°“√ “√ π‡∑»‡æ‘Ë¡‡µ‘¡Õ“®µ‘¥µàÕ ¢Õ‰¥â®“°‡≈¢“πÿ°“√§≥–°√√¡°“√ ‚¥¬ª°µ‘°“√ª√–™ÿ¡·µà≈–§√—Èß®–„™â‡«≈“ª√–¡“≥ 3 ™—Ë«‚¡ß ‚¥¬„πªï 2545 ∑’Ëºà“π¡“ §≥–°√√¡°“√∫√‘…—∑œ ¡’°“√ª√–™ÿ¡µ“¡«“√–ª°µ‘®”π«π 12 §√—Èß ∑—Èßπ’È ‰¥â¡’°“√®¥∫—π∑÷°°“√ª√–™ÿ¡‡ªìπ≈“¬≈—°…≥åÕ—°…√ ®—¥‡°Á∫√“¬ß“π°“√ª√–™ÿ¡∑’Ëºà“π°“√√—∫√Õß®“°§≥–°√√¡°“√æ√âÕ¡„Àâ§≥–°√√¡°“√·≈–ºŸâ∑’Ë‡°’Ë¬«¢âÕßµ√«® Õ∫‰¥â 12. §≥–°√√¡°“√µ√«® Õ∫ ª√–°Õ∫‰ª¥â«¬°√√¡°“√ 3 ∑à“π ∑ÿ°∑à“π‡ªìπ°√√¡°“√∑’Ë‡ªìπÕ‘ √–µ“¡§”®”°—¥§«“¡·≈–§ÿ≥ ¡∫—µ‘∑’Ë°”Àπ¥ ‚¥¬µ≈“¥À≈—°∑√—æ¬å §≥–°√√¡°“√µ√«® Õ∫®–ª√–™ÿ¡Õ¬à“ßπâÕ¬ªï≈– 4 §√—ßÈ ‚¥¬¡’«“√–°“√ª√–™ÿ¡°”Àπ¥‰«â≈«à ßÀπâ“ §≥– °√√¡°“√µ√«® Õ∫ “¡“√∂‡¢â“∂÷ß·≈–ª√–™ÿ¡°—∫ºŸâ Õ∫∫—≠™’¿“¬πÕ°·≈–ºŸâµ√«® Õ∫¿“¬„π‰¥âÕ¬à“ß‡ √’ ‚¥¬‰¡à¡’ΩÉ“¬ ®—¥°“√‡¢â“√à«¡¥â«¬ 13. √–∫∫°“√§«∫§ÿ¡·≈–°“√µ√«® Õ∫¿“¬„π °√√¡°“√∫√‘À“√¢Õß∫√‘…∑— œ ‡ªìπºŸ√â ∫— º‘¥™Õ∫‡°’¬Ë «°—∫ß∫°“√‡ß‘π·≈– “√ π‡∑»∑“ß°“√‡ß‘π„π√“¬ß“πª√–®”ªï ´÷Ëßß∫°“√‡ß‘π¥—ß°≈à“«‰¥â®—¥∑”¢÷Èπµ“¡À≈—°°“√∫—≠™’∑’Ë√—∫√Õß∑—Ë«‰ª´÷Ëß√«¡∂÷ß°“√„™â¥ÿ≈¬æ‘π‘®Õ¬à“ß√–¡—¥√–«—ß·≈–ª√–¡“≥ °“√∑’Ë¥’∑’Ë ÿ¥¢ÕßΩÉ“¬®—¥°“√ ΩÉ“¬®—¥°“√¬—ß¡’§«“¡√—∫º‘¥™Õ∫„π°“√®—¥√—°…“‰«â´÷Ëß√–∫∫§«∫§ÿ¡¿“¬„π‡°’Ë¬«°—∫√“¬ß“π ∑“ß°“√‡ß‘π·≈–ªÑÕß°—π∑√—æ¬å ‘π¢Õß∫√‘…—∑œ ∫√‘…—∑œ ¡Õ∫À¡“¬„Àâ°√√¡°“√µ√«® Õ∫´÷Ëßª√–°Õ∫¥â«¬°√√¡°“√∑’Ë ‰¡à‡ªìπºŸâ∫√‘À“√‡ªìπºŸâ√—∫º‘¥™Õ∫‡°’Ë¬«°—∫ §ÿ≥¿“æ¢Õß√“¬ß“π∑“ß°“√‡ß‘πÕ¬à“ß‡À¡“– ¡·≈–∂Ÿ°µâÕß °“√§«∫§ÿ¡¿“¬„π∑’ËΩÉ“¬®—¥°“√¢Õß∫√‘…—∑œ‹ ∑”¢÷Èπ ¢Õ∫‡¢µ °“√∑”ß“π¢Õß§≥–°√√¡°“√™ÿ¥π’Èª√“°Ø„π√“¬ß“πª√–®”ªï·≈â« ·≈–§≥–°√√¡°“√∫√‘…—∑œ ‰¥âµ√–Àπ—°¥’«à“¬àÕ¡¡’ ¢âÕ®”°—¥‡°’Ë¬«°—∫ª√– ‘∑∏‘¿“æ¢Õß√–∫∫§«∫§ÿ¡¿“¬„π ·≈–√–∫∫§«∫§ÿ¡¿“¬„π∑’Ë¡’Õ¬Ÿà “¡“√∂„Àâ§«“¡¡—Ëπ„®Õ¬à“ß¡’‡Àµÿº≈ „π à«π∑’Ë‡°’Ë¬«°—∫°“√®—¥∑”ß∫°“√‡ß‘π ¥â«¬§«“¡æ¬“¬“¡∑’¥Ë ∑’ ’Ë ¥ÿ ∑’®Ë –„Àâ¡√’ –∫∫°“√§«∫§ÿ¡¿“¬„π∑’¡Ë ª’ √– ‘∑∏‘º≈·≈–¥â«¬§«“¡√à«¡¡◊Õ®“°‡®â“Àπâ“∑’∑Ë °ÿ √–¥—∫ ΩÉ“¬®—¥°“√‡™◊ËÕ«à“ ¿“æ·«¥≈âÕ¡°“√§«∫§ÿ¡¿“¬„π·≈–√–∫∫ß“π∑’Ë‡ªìπÕ¬Ÿà„Àâ§«“¡‡™◊ËÕ¡—ËπÕ¬à“ß¡’‡Àµÿº≈∂÷ß§«“¡ πà“‡™◊ËÕ∂◊Õ‰¥â¢Õß√“¬ß“π∑“ß°“√‡ß‘π·≈–°“√√—°…“ ‘π∑√—æ¬å¢Õß∫√‘…—∑œ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 §≥–°√√¡°“√∫√‘…∑— œ ‰¥âª√÷°…“√à«¡°—∫ΩÉ“¬®—¥°“√·≈–ºŸ â Õ∫∫—≠™’‡°’¬Ë «°—∫°“√ª√–‡¡‘π√–∫∫§«∫§ÿ¡¿“¬„π·≈â« √ÿª«à“√–∫∫°“√§«∫§ÿ¡°“√ªØ‘∫—µ‘ß“π¢ÕßΩÉ“¬∫√‘À“√ √–∫∫ “√ π‡∑»·≈–°“√ ◊ËÕ “√¢âÕ¡Ÿ≈¢Õß∫√‘…—∑œ ¡’°“√§«∫§ÿ¡ ¿“¬„π∑’Ë‡æ’¬ßæÕ·≈â« 14. √“¬ß“π¢Õß§≥–°√√¡°“√ §≥–°√√¡°“√∫√‘…∑— œ ‰¥â∑”√“¬ß“πÕ∏‘∫“¬∂÷ß§«“¡√—∫º‘¥™Õ∫„π°“√®—¥∑”√“¬ß“π∑“ß°“√‡ß‘π ‚¥¬· ¥ß§«∫§Ÿà °—π‰ª°—∫√“¬ß“π¢ÕßºŸâ Õ∫∫—≠™’‰«â„π√“¬ß“πª√–®”ªï 15. §«“¡ —¡æ—π∏å°—∫ºŸâ≈ß∑ÿπ ∫√‘…∑— œ ®—¥„Àâ¡·’ À≈àß¢âÕ¡Ÿ≈∑’‡Ë æ’¬ßæÕ„π°“√µ‘¥µàÕ°—∫ºŸ≈â ß∑ÿπ π—°«‘‡§√“–ÀåÀ≈—°∑√—æ¬å·≈–„Àâ§«“¡™à«¬‡À≈◊Õ„π°“√ æ—≤π“§«“¡√Ÿâ§«“¡ “¡“√∂¢Õß∫ÿ§≈“°√„π°“√®—¥∑”·≈–π”‡ πÕ¢âÕ¡Ÿ≈ºà“π∑“ß‡«Á∫‰´µå¢Õß∫√‘…—∑œ Annual Report 2002

KCE ELECTRONICS PCL

9. Aggregation or Segregation of Positions The Chairman of the Board holds the position of the Managing Director, but the responsibilities and authorities of each position are clearly defined as shown in the annual report.

10. Remuneration for Directors and the Management The remuneration policy and the level of remuneration paid to directors which are comparable with the industry and are disclosed and approved by shareholders as shown in the annual report.

11. Board of Directors Meetings Board of directors meetings are regularly scheduled on the 3rd Tuesday of the month, usually lasting 3 hours. Important information and data are provided in advance to directors, seven days in advance. If any member wishes to have additional information for the purpose, he shall contact the Company secretary. Every member is free to suggest any additional issue (s). In 2002 there were 12 Board of Directorsû meetings, all of which recorded and approved by the directors.

12. Committees The Audit Committee consists of three board members as defined by the Stock Exchange of Thailand. The committee shall meet at least 4 times a year with an agenda fixed in advance. The audit committee can access and have meetings freely with the external and internal auditors without the presence of management.

13. Controlling System and Internal Audit The management is responsible for the financial statements and financial reports contained in the annual report. The financial statements conform with the generally accepted accounting principles and include the careful judgments and the best estimates by the management. The management also establishes and maintains effective internal control for financial reporting and to safeguard assets. The Audit Committee, comprising of non-executive directors, assumes the responsibility for the financial report quality and the reviews of the internal control activities. The work of the Audit Committee is outlined in the report included in this annual report. Because of the inherent limitations in the effectiveness of any internal control system, the management utilizes its best efforts and cooperation from all to maintain an effective system of internal control. The management believes its systems provide reasonable assurance as to the integrity and reliability of the financial reporting and the safeguarding of assets as of December 31, 2002. After reviewing with the management and auditors, the Board of Directors concluded that the companyûs overall management of internal control system, management of operational system, communication and information system are adequate.

14. Directorsû Reporting The Board provides a report on financial statements and the past year performance exhibited with the auditorûs report in the companyûs annual report.

15. Relations with Investors The Board assigns an investor relation to communicate with individual and institutional investors and stock analysts. Information is disclosed correctly, timely and transparently. The company also provide company information on its website.

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

¿“«–Õÿµ “À°√√¡·≈–°“√·¢àß¢—π INDUSTRIAL STATUS AND COMPETITION Õÿ µ “À°√√¡·ºà π æ‘ ¡ æå « ß®√Õ‘ ‡ ≈Á ° ∑√Õπ‘ ° å ‡°’Ë ¬ «‡π◊Ë Õ ß‚¥¬µ√ß°— ∫ Õÿ µ “À°√√¡Õ‘ ‡ ≈Á ° ∑√Õπ‘ ° å ´÷Ëß‡ªìπÕÿµ “À°√√¡∑’Ë¡’Õ—µ√“°“√¢¬“¬µ—«¡“°∑’Ë ÿ¥™π‘¥Àπ÷Ëß¢Õß‚≈° ª√–¡“≥«à“¿“«–°“√§â“·ºàπæ‘¡æå«ß®√ Õ‘‡≈Á°∑√Õπ‘° åå„πªï∑’Ëºà“π¡“¢¬“¬µ—«„πÕ—µ√“√âÕ¬≈– 7 ·≈–§“¥«à“°“√¢¬“¬µ—«®– Ÿß∂÷ß 9.5% „π ªï §.». 2004 ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) àß ‘π§â“∑—ÈßÀ¡¥¢“¬„πµ≈“¥‚≈° ‚¥¬∑’Ë≈Ÿ°§â“‡ªìπ∫√‘…—∑¢π“¥ „À≠à∑’Ë¡’™◊ËÕ‡ ’¬ß‡ªìπ∑’Ë√Ÿâ®—°°—π∑—Ë«‰ª ∫√‘…—∑œ ®÷ßµâÕßª√—∫µ—«„Àâ‡¢â“°—∫¡“µ√∞“π “°≈„π‡√◊ËÕßµâπ∑ÿπ‡∑§‚π‚≈¬’ ·≈– °“√§«∫§ÿ¡§ÿ≥¿“æ·≈– àß¡Õ∫ ‘π§â“µ“¡‡«≈“∑’Ë°”Àπ¥ ≈Ÿ°§â“¢Õß∫√‘…—∑œ à«π¡“°®–¡’ SUPPLIER BASE À≈“¬∫√‘…∑— ®÷ßµâÕßÕ¬Ÿà„π¿“«–°“√·¢àß¢—π°—∫∫√‘…∑— ºŸºâ ≈‘µ√“¬Õ◊πË µ≈Õ¥¡“ ´÷ßË ∫√‘…∑— œ “¡“√∂∑”‰¥â¥ß— ®–‡ÀÁπ‰¥â«“à ∫√‘…—∑œ ¡’¬Õ¥¢“¬‡æ‘Ë¡¢÷Èπ„πÕ—µ√“∑’Ë Ÿß°«à“Õ—µ√“°“√‡®√‘≠‡µ‘∫‚µ¢ÕßÕÿµ “À°√√¡‚¥¬√«¡ ªí®®—¬„π°“√ª√– ∫§«“¡ ”‡√Á® ∑—Èß∫√‘…—∑œ ·≈–∫√‘…—∑¬àÕ¬ µà“ß¡ÿàß‡πâπ„π‡√◊ËÕß ”§—≠ 3 ª√–‡¥Áπ §◊Õ 1. °“√º≈‘µ ‘π§â“∑’Ë¡’§ÿ≥¿“æ HIGH QUALITY PRODUCT ´÷Ëß‰¥â√—∫°“√√—∫√Õß¡“µ√∞“π ISO 9002, QS 9000 and ISO 14001 2. °“√ àß¡Õ∫ ‘π§â“„Àâµ√ßµ“¡°”Àπ¥‡«≈“∑’Ë≈Ÿ°§â“µâÕß°“√„Àâ ‰¥â∂÷ß 99% 3. °“√∫√‘°“√¥â“π°“√¢“¬·≈–°“√∫√‘°“√À≈—ß°“√¢“¬ ∫√‘…—∑œ ¡’ SALES OFFICE Õ¬ŸàÀ≈“¬·Ààß∑—Ë«‚≈° ´÷Ëß “¡“√∂„Àâ∫√‘°“√≈Ÿ°§â“‰¥â∑—π∑à«ß∑’„π∑ÿ°æ◊Èπ∑’Ë∑—Ë«‚≈° ‚Õ°“ ·≈–Õÿª √√§ »—°¬¿“æ„π°“√≈ß∑ÿπ„π°≈ÿ¡à Õÿµ “À°√√¡Õ‘‡≈Á°∑√Õπ‘° åå „πª√–‡∑»¬—ß¡’Õ¬Ÿ¡à “° ‡æ√“–µâπ∑ÿπ„π¥â“π·√ßß“π „πª√–‡∑»¬—ßµË”‡¡◊ËÕ‡∑’¬∫°—∫ª√–‡∑»µà“ßÊ „π¬ÿ‚√ª·≈–Õ‡¡√‘°“ ·µàÕ¬à“ß‰√°Áµ“¡‡π◊ÕË ß®“°°“√ π—∫ πÿπ∑“ß¿“§√—∞„π¥â“πÕÿµ “À°√√¡Õ‘‡≈Á°∑√Õπ‘° å¬ß— ‰¡à‡æ’¬ßæÕ®÷ß∑”„Àâ ¢“¥·§≈π∑√—æ¬“°√∫ÿ§§≈∑’Ë¡’§«“¡√Ÿâ ·≈–§«“¡‡™’Ë¬«™“≠∑“ß¥â“π‡∑§‚π‚≈¬’°“√º≈‘µ∑’Ë∑—π ¡—¬ ´÷Ëß®”‡ªìπ®–µâÕß ∑”„Àâ¡’°“√®â“ßß“πµà“ßª√–‡∑»‡¢â“¡“∑”ß“π √«¡∑—Èß®–µâÕßπ”‡∑§‚π‚≈¬’„À¡àÊ®“°µà“ßª√–‡∑»‡¢â“¡“ ªí®®—¬¿“¬πÕ°∑’ËÕ“®®– àßº≈°√–∑∫Õÿµ “À°√√¡·≈–∫√‘…—∑„πªí®®ÿ∫—π·≈–„πÕπ“§µÕ—π„°≈â °“√∂¥∂Õ¬∑“ß¥â“π‡»√…∞°‘®„πµ≈“¥‚≈° ‡ªìπªí®®—¬‚¥¬µ√ß∑’Ë®–¡’º≈°√–∑∫µàÕ°≈ÿà¡Õÿµ “À°√√¡ Õ‘‡≈Á°∑√Õπ‘° å‡¡◊ËÕ§«“¡µâÕß°“√„π°“√´◊ÈÕ≈¥≈ß°Á®–¡’º≈°√–∑∫‚¥¬µ√ßµàÕºŸâº≈‘µ ¿“æ°“√·¢àß¢—π·≈– à«π·∫àßµ≈“¥ ‡π◊Ë Õ ß®“°§«“¡µâ Õ ß°“√¢Õß PCB „πµ≈“¥‚≈°¡’ ¡Ÿ ≈ §à “ Ÿ ß ∂÷ ß USD 40,000.00 ≈â “ π ª√‘ ¡ “≥ SUPPLY ¡’¡“°·≈–¡’°“√·¢àß¢—π°—π Ÿß„π°“√º≈‘µ‡æ◊ËÕ„Àâ‡æ’¬ßæÕ°—∫§«“¡µâÕß°“√¢Õßµ≈“¥‚≈° ªí®®ÿ∫—π∫√‘…—∑œ ¡’ à«π·∫àß„π°“√µ≈“¥‡æ’¬ß 0.25% ´÷Ëß¬—ß¡’»—°¬¿“æ„π°“√·¢àß¢—π Ÿß §«“¡¬“°ßà“¬∑’Ë®–À“§Ÿà·¢àß√“¬„À¡à °“√ √â“ß§«“¡‡™◊ÕË ∂◊Õ„π¥â“π§ÿ≥¿“æ„Àâ‡ªìπ∑’¬Ë Õ¡√—∫¢Õß≈Ÿ°§â“‡ªìπ ‘ßË ∑’∑Ë ”‰¥â¬“°·≈–„πªí®®ÿ∫π— ¬—ß‰¡à¡ ’ π‘ §â“ ∑’Ë “¡“√∂π”¡“„™â∑¥·∑π·ºàπæ‘¡æå«ß®√Õ‘‡≈Á°∑√Õπ‘° å ‰¥â Õ”π“®µàÕ√Õß¢ÕßºŸâ´◊ÈÕ·≈–ºŸâ¢“¬ ‘π§â“∑’Ëº≈‘µ∑’Ë¡’§ÿ≥¿“æ√«¡∑—Èß«—µ∂ÿ¥‘∫∑’Ë„™â „π°“√º≈‘µ‰¥â¡“µ√∞“π ‡ªìπÕ”π“®°“√µàÕ√Õß¢Õß≈Ÿ°§â“

Annual Report 2002

KCE ELECTRONICS PCL

PCB industry is directly related to the Electronics manufacturing, one of the fastest growing sectors of all. The growth rate is 7% per annum to date and forecasted to grow 9.5 % during 2004. Since KCE is primarily an exporter to internationally known customers, the company has had to adjust and meet recognized international standards. Furthermore, most customers do not source exclusively, exposing KCE to stiff competition

Key success factors KCE and its subsidiaries pay particular attention to the following factors: 1. High standard of quality; KCE has been awarded ISO 9200, QS 9000 and ISO 14001 certification. These are internationally recognized quality standards 2. On time delivery; the companyûs target is 99%. 3. Sales and After Sales Service; KCE has established a representative and sales office network worldwide, to provide a comprehensive service to our customers

Opportunities and obstacles With labour costs low compared to the USA and Europe. Thailand has seized the opportunity and attracted heavy investment into the electronics industry, but lack of sufficient support from the government has resulted in a shortage of qualified manpower in the technology field. Thailand has no choice, but to import skill technicians.

External factors currently effecting our company and industry in general Economic difficulties in major countries around the world caused a cutback in sales in the electronics industry. Falling demand and downward pressure on prices hit all PCB manufacturers.

Competitiveness and market share The global market for PCBs was US$ 40,000 million during 1999. Over supply to a soft market stirred fierce competition amongst PCB suppliers. KCE by being competitive maintained .025% of the world market with good expansion potential.

Entry of new competitors In this industry reliability and repetitive quality is hard to achieve and at present, there is no substitute for PCB technology.

Bargaining power Product quality is the key bargaining power of the manufacturer. √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

§”Õ∏‘∫“¬·≈–«‘‡§√“–Àå¢ÕßΩÉ“¬®—¥°“√ MANAGEMENT ANALYSIS º≈ª√–°Õ∫°“√ ‡»√…∞°‘®¢Õßª√–‡∑» À√—∞Õ‡¡√‘°“‰¥â‡°‘¥°“√∂¥∂Õ¬Õ¬à“ßµàÕ‡π◊ÕË ß π—∫µ—ßÈ ·µàª≈“¬ªï 2544 ‡ªìπµâπ¡“ ‚¥¬ º≈°√–∑∫¥—ß°≈à“«‰¥â°√–®“¬‰ª Ÿà∑«’ª¬ÿ‚√ª¥â«¬ ´÷Ëß®“° ¿“æ¥—ß°≈à“« ®÷ß∑”„ÀâÕÿª ß§å„π ‘π§â“Õ‘‡≈Á°∑√Õπ‘° å„π µ≈“¥‚≈°À¥µ—«∂÷ß 6% „πªï∑’Ëºà“π¡“ ·µà®“°§«“¡æ¬“¬“¡¢Õß∫√‘…—∑œ ∑’Ë‡πâπ°“√‡æ‘Ë¡ª√– ‘∑∏‘¿“æ„π°“√º≈‘µ ·≈–°“√¢¬“¬∞“π≈Ÿ°§â“ ∑—ßÈ „π¿Ÿ¡¿‘ “§‡¥‘¡ ·≈–¿Ÿ¡¿‘ “§‡Õ‡™’¬ ¡’º≈„Àâ∫√‘…∑— œ “¡“√∂‡æ‘¡Ë ¬Õ¥¢“¬®“° 3,501 ≈â“π∫“∑ ( “¡æ—πÀâ“√âÕ¬Àπ÷Ëß≈â“π∫“∑) ‡ªìπ 3,619 ≈â“π∫“∑ ( “¡æ—πÀ°√âÕ¬ ‘∫‡°â“≈â“π∫“∑) π‚¬∫“¬°“√¢¬“¬∞“π ≈Ÿ°§â“∑—Èß„π°≈ÿà¡≈Ÿ°§â“‡¥‘¡·≈–°≈ÿà¡≈Ÿ°§â“„À¡àÊ ¡’º≈„Àâ‚§√ß √â“ß°“√¢“¬¢Õß∫√‘…—∑œ‡ª≈’Ë¬π‰ª „πªí®®ÿ∫—π∫√‘…—∑œ ¡’¬Õ¥¢“¬∑’·Ë ∫àßµ“¡¿Ÿ¡¿‘ “§µà“ßÊª√—∫µ—«¥’¢π÷È Õ¬à“ß¡’ “√– ”§—≠·≈–µàÕ‡π◊ÕË ß§◊Õ —¥ à«π°“√¢“¬¢Õßµ≈“¥„π‡Õ‡™’¬ ·≈–„πª√–‡∑»‰∑¬ª√—∫®“° 10.2% ·≈– 3% „πªï 2544 ‡ªìπ 14.6% ·≈– 6.5% „πªï 2545 µ“¡≈”¥—∫ ·≈– §“¥«à“„πªïªí®®ÿ∫—π·π«‚πâ¡®–¥’¢÷Èπ‡π◊ËÕß®“°∞“π≈Ÿ°§â“∑’Ë∫√‘…—∑œ æ—≤π“‰«â‡√‘Ë¡¡’¬Õ¥´◊ÈÕ ‘π§â“¡“°¢÷Èπ µâπ∑ÿπ¢“¬µàÕ¬Õ¥¢“¬„πªï 2545 ∑’Ë 78.8% ´÷ËßµË”°«à“ªï 2544 ∑’Ë 81.7% π—Èπ‡°‘¥®“°°“√‡æ‘Ë¡ª√– ‘∑∏‘¿“æ °“√º≈‘µ °“√ª√—∫≈¥µâπ∑ÿπ°“√º≈‘µ‰¥â∑—π°—∫°“√‡ª≈’Ë¬π·ª≈ß¢Õß√“§“¢“¬ ª√–°Õ∫°—∫∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ¡’Õ—µ√“°“√„™â°”≈—ß°“√º≈‘µ∑’Ë‡æ‘Ë¡ Ÿß¢÷ÈπÕ¬à“ßµàÕ‡π◊ËÕß∑”„Àâµâπ∑ÿπ°“√º≈‘µ ‘π§â“§àÕ¬Ê≈¥µË”≈ß ”À√—∫ ¥Õ°‡∫’È¬®à“¬π—Èπ‰¥âª√—∫≈¥®“° 150.2 ≈â“π∫“∑ (Àπ÷Ëß√âÕ¬Àâ“ ‘∫≈â“π Õß· π∫“∑) ‡ªìπ 136.9 ≈â“π∫“∑ (Àπ÷Ëß √âÕ¬ “¡ ‘∫À°≈â“π‡°â“· π∫“∑) ´÷Ëß à«π„À≠à‡°‘¥®“°Õ—µ√“¥Õ°‡∫’È¬∑’Ë¬—ß§ßÕ¬Ÿà„π√–¥—∫µË”°—∫°“√∑’Ë∫√‘…—∑œ ·≈– ∫√‘…—∑„π‡§√◊Õ§◊Õ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ·≈–∫√‘…—∑‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ¡’‡ß‘π∑ÿπ À¡ÿπ‡«’¬π®“°°“√ª√–°Õ∫°“√¡“°¢÷πÈ ®÷ß≈¥°“√æ÷ßË æ“·À≈àß‡ß‘π∑ÿπ®“°¿“¬πÕ° ¬°‡«âπ·µà ∫√‘…∑— ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ´÷Ëß°”≈—ßÕ¬Ÿà√–À«à“ß°“√¢¬“¬°”≈—ß°“√º≈‘µ ®÷ß¡’§«“¡µâÕß°“√„™â‡ß‘π°Ÿâ ‚¥¬‚§√ß°“√„π‡ø ∑’Ë 2 ‰¥â‡ √Á® ≈ß„π‡¥◊Õπ∏—π«“§¡ 2545 ∑’Ëºà“π¡“ ªí®®ÿ∫—π∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ‰¥â‡√‘Ë¡„™â°”≈—ß°“√º≈‘µ„π‡ø ∑’Ë 2 ·≈â«µ—Èß·µà‡¥◊Õπ¡°√“§¡ 2546 °“√∫√‘À“√‡ß‘πµ√“µà“ßª√–‡∑» ∫√‘…—∑œ¡’π‚¬∫“¬¥”√ß ‘π∑√—æ¬å·≈–Àπ’È ‘π„π °ÿ≈µà“ßª√–‡∑» °ÿ≈À≈—°Ê ‡™àπ ‡ß‘π¥Õ≈≈à“√å À√—∞·≈–¬Ÿ‚√ „Àâ¡’ª√‘¡“≥·≈–‡ß◊ËÕπ‰¢∑’Ë ¡¥ÿ≈°—π „πªï 2545 ‰¥â¡’‡ß‘π°Ÿâ„π °ÿ≈µà“ßª√–‡∑»∫“ß à«π∑’Ë∂÷ß°”Àπ¥™”√–∑”„Àâ∫√‘…—∑œ ‰¡àÕ“®¥”√ßπ‚¬∫“¬¥—ß°≈à“«‰¥â ¡’º≈„Àâ„πªï∑’Ëºà“π¡“ ∫√‘…—∑œ ¡’°”‰√®“° Õ—µ√“·≈°‡ª≈’Ë¬π∂÷ß 56.3 ≈â“π∫“∑ (Àâ“ ‘∫À°≈â“π “¡· π∫“∑) ´÷Ëß Ÿß°«à“ªï°àÕπ∂÷ß 41.5 ≈â“π∫“∑ ( ’Ë ‘∫‡ÕÁ¥ ≈â“πÀâ“· π∫“∑) ®“°º≈ ”‡√Á®¢Õß·ºπ°“√µ≈“¥ °“√‡æ‘¡Ë ª√– ‘∑∏‘¿“æ„π°“√º≈‘µ µ≈Õ¥®π°“√§«∫§ÿ¡§à“„™â®“à ¬„π°“√¢“¬ ·≈–∫√‘À“√ ∑”„Àâ∫√‘…—∑œ “¡“√∂‡æ‘Ë¡§«“¡ “¡“√∂„π°“√∑”°”‰√‰¥â¥’¢÷Èπ®“°°”‰√ 3.2 ≈â“π∫“∑ „πªï 2544 ‡æ‘Ë¡ ‡ªìπ 148.0 ≈â“π∫“∑ (Àπ÷Ëß√âÕ¬ ’Ë ‘∫·ª¥≈â“π∫“∑) „πªï 2545 ¡’°”‰√µàÕÀÿâπ∑’Ë 4.85 ∫“∑ ∞“π–°“√‡ß‘π·≈–§ÿ≥¿“æ ‘π∑√—æ¬å ‡π◊ÕË ß®“°°“√∂¥∂Õ¬¢Õß‡»√…∞°‘®Õ¬à“ßµàÕ‡π◊ÕË ß¥—ß‰¥â°≈à“«·≈â« ‰¥â ßà º≈„Àâ∏√ÿ °‘®µà“ßÊµâÕß‡º™‘≠°—∫§«“¡ ¬“°≈”∫“°„π°“√∫√‘À“√∏ÿ√°‘®·≈– ‘π∑√—æ¬å¢Õß∫√‘…—∑œ ¥—ßπ—ÈπΩÉ“¬∫√‘À“√¢Õß∫√‘…—∑œ ®÷ß‰¥â«“ßπ‚¬∫“¬„Àâ∑ÿ° à«πß“π∫√‘À“√ ‘π∑√—æ¬å·≈–Àπ’È ‘πÕ¬à“ß√–¡—¥√–«—ß ·≈–¡’ª√– ‘∑∏‘¿“æ ·≈–‡πâπ°“√„™â‡ß‘π∑ÿπ¿“¬„π°‘®°“√ ´÷Ëß àßº≈„Àâ≈Ÿ°Àπ’È°“√§â“¢Õß∫√‘…—∑œ “¡“√∂¢¬“¬µ—«Õ¬à“ß¡’§ÿ≥¿“æ ·≈–≈¥√–¥—∫ ‘π§â“§ß‡À≈◊Õ≈ß‡æ◊ËÕ‡æ‘Ë¡‡ß‘π ∑ÿπÀ¡ÿπ‡«’¬π„π à«πÕ◊πË ”À√—∫ ‘π∑√—æ¬å∂“«√‰¥â‡æ‘¡Ë ®“° 4,149 ≈â“π∫“∑ ‡ªìπ 4,975 ≈â“π∫“∑ ‚¥¬ ‘π∑√—æ¬å «à π„À≠à‡°‘¥®“°‚§√ß°“√ ¢¬“¬°”≈—ß°“√º≈‘µ„π√–¬–∑’Ë 2 ¢Õß∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ·≈–°“√¢¬“¬°”≈—ßº≈‘µ¢Õß∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ‚¥¬‚§√ß°“√∑—Èß Õß ®–µâÕß„™â‡ß‘π°Ÿâ√–¬–¬“«‡æ‘Ë¡¢÷Èπª√–¡“≥ 802 ≈â“π∫“∑ (·ª¥√âÕ¬ Õß≈â“π∫“∑) ·µàÀ“°¥Ÿ à«π¢Õß‡ß‘π°Ÿâ√–¬–¬“«®–æ∫«à“‚¥¬√«¡·≈â«¡’‡ß‘π°Ÿâ√–¬–¬“« ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ‡ªìπ®”π«π‡ß‘π 2,056 ≈â“π∫“∑ ( Õßæ—πÀâ“ ‘∫À°≈â“π∫“∑) ´÷Ëß‡æ‘Ë¡®“°ªï°àÕπ‡æ’¬ß 288 ≈â“π∫“∑ ( Õß√âÕ¬ ·ª¥ ‘∫·ª¥≈â“π∫“∑) ´÷Ëß®”π«π‡ß‘π°Ÿâ√–¬–¬“«∑’Ë‡æ‘Ë¡¢÷ÈπµË”°«à“®”π«π«ß‡ß‘π°Ÿâ¢Õß‚§√ß°“√ ‡π◊ËÕß®“°∫√‘…—∑œ‰¥â „Àâ§«“¡ π„®µàÕ°“√„™â‡ß‘π∑ÿπ¿“¬„π®“°º≈ª√–°Õ∫°“√¡“°°«à“ Õ—µ√“ à«πÀπ’È ‘π√«¡µàÕ à«π¢ÕßºŸâ∂◊ÕÀÿâπª√—∫µ—« Ÿß¢÷Èπ‡≈Á°πâÕ¬®“° 1.89:1 „πªï 2544 ‡æ‘Ë¡‡ªìπ 2.2 : 1 „πªï 2545 ·µà∂â“À“°æ‘®“√≥“®“° Õ—µ√“ à«πÀπ’È ‘π√«¡µàÕ ‘π∑√—æ¬å√«¡®–‡ÀÁπ«à“Õ—µ√“ à«π„πªï 2545 ·≈– 2544 π—Èπ„°≈â‡§’¬ß°—π§◊Õ 0.65 : 1 ·≈– 0.68 : 1 Õ¬à“ß‰√°Áµ“¡∫√‘…—∑œ µâÕß∂◊Õ«à“ªï 2545 ‡ªìπÕ’°ªïÀπ÷Ëß∑’Ë∫√‘…—∑œ ª√– ∫º≈ ”‡√Á®∑’Ë “¡“√∂∑”„Àâ¡Ÿ≈§à“ ∑“ß∫—≠™’ ÿ∑∏‘µàÕÀÿâπª√—∫®“° 53.84 ∫“∑µàÕÀÿâπ ‡ªìπ 58.70 ∫“∑µàÕÀÿâπ ´÷Ëßª√—∫µ—« Ÿß¢÷Èπ 9% Annual Report 2002

KCE ELECTRONICS PCL

2002 Performance The slowdown in the U.S. economy, which persisted into the year 2002, also affected the European economy and as a consequence the global electronics market. The worldwide demand for electronics products decreased by approximately 6%. However, the efforts of the management, concentrating on expansion of the customer base, the improvement of production efficiency, and heavy cost reduction programs, resulted in a satisfactory increase in sales revenue from Baht 3,501 million to Baht 3,619 million. The expansion of our customer base, and an increase in business from existing customers, resulted in a significant improvement in market share. At present the geographical market segmentation in the Far East has increased significantly in both Asia and Thailand from 10.2% and 3% in 2001 to 14.6% and 6.5% respectively. The trend is expected to be increasingly favorable as new customers place more orders. Cost of sales in 2002 was 78.8% compared to 81.7% the previous year. This reduction resulted from an increase in efficiency and a co-ordinated reduction in the cost of production in response to the fall in sales prices. Meanwhile, production at KCE Technology increased progressively, thus lowering the costs accordingly. Interest costs declined from Baht 150.2 million to Baht 136.9 million. Interest rates remained low, while cash flow generated by the company and its subsidiaries, K.C.E. International and Thai Laminate increased significantly, reducing the need for external funding, except for the 2nd phase of capacity expansion of KCE Technology, which was completed in December 2002. Production from the 2nd phase at KCE Technology will begin January 2003. In general, the company has employed a financial policy which balances both foreign currency assets and liabilities. This was adjusted temporarily as some foreign loan repayments were due this year. The profit from foreign exchange therefore increased to Baht 56.3 million, which was Baht 41.5 million higher than 2001. The success of improved strategy; in the marketing plan, the increased production plan and cost controls resulted in an improvement in profit from Baht 3.2 million in 2001 to Baht 148 million this year. Earnings per share were Baht 4.85 for 2002.

Financial Status The problem in the overall economy called for conservative and effective financial management of assets and liabilities with the maximum utilization of internal cash flow. The implementation of this policy has contributed to account receivables growth and improved inventory turnover, which generated an increase in working capital. Assets in property and plant & equipment increased from Baht 4,149 million to Baht 4,975 million, the majority of which was from the phase 2 expansion of KCE Technology and expansion of Thai Laminate Manufacturer. Both expansions require additional Baht 802 million in long term loan. However, total outstanding long term loan at year end 31 December 2002 was Baht 2,056 million, an increase of Baht 288 million only as the company utilized internal cashflow rather than external funding. The debt to equity ratio increased slightly from l.89:1 in year 2001 to 2.2:1 in 2002, but the ratio of total liabilities to total assets for year 2001 and 2002 remained similar at 0.65:1 and 0.68:l. The year 2002 was deemed another profitable year for KCE. The book value increased from Baht 53.84 per share last year to Baht 58.70 per share this year, an increase of 9%. √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

∫ÿ§§≈∑’Ë¡’º≈ª√–‚¬™πå√à«¡·≈–√“¬°“√√–À«à“ß°—π PERSONS WITH VESTED INTEREST AND CROSS OVER TRANSACTIONS π“¬∫—≠™“ Õß§å‚¶…‘µ °√√¡°“√ºŸâ®—¥°“√ (√«¡π“ß«√≈—°…≥å Õß§å‚¶…‘µ ¿√√¬“·≈–∫ÿµ√´÷Ëß¬—ß‰¡à∫√√≈ÿπ‘µ‘¿“«–) ¡’º≈ª√–‚¬™πå√à«¡ °—π„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡ ‚¥¬°“√∂◊ÕÀÿâπ·≈–‡ªìπ°√√¡°“√ ¥—ßπ’È ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ‡ªìπ°√√¡°“√ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ‡ªìπ°√√¡°“√ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ‡ªìπ°√√¡°“√ ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ ‡ªìπ°√√¡°“√ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥ ‡ªìπ°√√¡°“√ π“ß«√≈—°…≥å Õß§å ‚¶…‘µ °√√¡°“√ ¡’º≈ª√–‚¬™πå√à«¡°—π„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡ ¥—ßπ’È ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥

‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√

·æ∑¬åÀ≠‘ß®—π∑‘¡“ Õß§å ‚¶…‘µ °√√¡°“√ ¡’º≈ª√–‚¬™πå√à«¡°—π„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡ ¥—ßπ’È ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥

‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√

π“¬ªí≠®– ‡ π“¥‘ —¬ °√√¡°“√ ¡’º≈ª√–‚¬™πå√à«¡°—π„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡ ¥—ßπ’È ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥

‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√

æ≈‚∑π“¬·æ∑¬å ÿª√’™“ ‚¡°¢–‡« °√√¡°“√ ¡’º≈ª√–‚¬™πå√à«¡°—π„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡ ¥—ßπ’È ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥

‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√

π“ß»‘√‘æ√√≥ —π∏π–æ—π∏å °√√¡°“√ ¡’º≈ª√–‚¬™πå√à«¡°—π„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡ ¥—ßπ’È ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥

‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√ ‡ªìπ°√√¡°“√

- §«“¡‡ÀÁπ°√√¡°“√/ºŸ™â ”π“≠°“√Õ‘ √– ∂÷ß§«“¡ ¡‡Àµÿº≈¢Õß√“¬°“√„πÀπ—ß ◊Õ· ¥ß§«“¡‡ÀÁπ¢Õß°√√¡°“√/ºŸ™â ”π“≠°“√Õ‘ √– (‰¡à¡)’ - §«“¡‡ÀÁπ°√√¡°“√Õ‘ √–‡°’Ë¬«°—∫°“√ªÆ‘∫—µ‘µ“¡¢âÕºŸ°æ—π∑’Ë√–∫ÿ‰«â„π FILING „πÀπ—ß ◊Õ· ¥ß§«“¡‡ÀÁπ¢Õß°√√¡°“√Õ‘ √– (‰¡à¡’) Annual Report 2002

KCE ELECTRONICS PCL

Cross over entries between persons and companies with vested interest : Mr. Bancha Ongkosit (Including Mrs. Voraluksana Ongkosit, his wife and immature children) K.C.E. International Co., Ltd. Thai Laminate Manufacturer Co., Ltd. KCE Technology Co., Ltd KCE America Inc. KCE Singapore Pte, Ltd.

Director Director Director Director Director

Mrs. Voraluksana Ongkosit K.C.E. International Co., Ltd. Thai Laminate Manufacturer Co., Ltd. KCE Technology Co., Ltd. KCE America Inc. KCE Singapore Pte,Ltd.

Director Director Director Director Director

Chantima Ongkosit M.D. K.C.E. International Co., Ltd. Thai Laminate Manufacturer Co., Ltd. KCE Technology Co., Ltd.

Director Director Director

Mr. Panja Senadisai K.C.E. International Co., Ltd. Thai Laminate Manufacturer Co., Ltd. KCE Technology Co., Ltd.

Director Director Director

Lt. Gen. Suprija Mokkavesa M.D. K.C.E. International Co., Ltd. Thai Laminate Manufacturer Co., Ltd.

Director Director

Mrs. Siriphan Suntanaphan K.C.E. International Co., Ltd. Thai Laminate Manufacturer Co., Ltd. KCE Technology Co., Ltd. KCE Singapore Pte, Ltd.

Director Director Director Director

- Opinion of an independent director or the professional on the transactions / None. - Opinion of an independent director on the compliance with the condition stated in the independent directorsû filing / None. √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

ªí®®—¬§«“¡‡ ’Ë¬ß RISK FACTORS ªí®®—¬§«“¡‡ ’Ë¬ß∑’Ë®–‰¥â°≈à“«„πµàÕ‰ªπ’È‡ªìπ§«“¡‡ ’Ë¬ß∑’ËÕ“®‡°‘¥¢÷Èπ°—∫°“√¥”‡π‘πß“π¢Õß∫√‘…—∑œ √–¥—∫ §«“¡‡ ’Ë¬ß¢Õß·µà≈–ªí®®—¬®–‡ª≈’Ë¬π·ª≈ß‰ªµ“¡ ¿“æ·«¥≈âÕ¡∑“ß∏ÿ√°‘® °“√º≈‘µ·≈–°“√‡¡◊Õß 1. §«“¡‡ ’Ë¬ß∑“ß∏ÿ√°‘®®“°°“√æ÷Ëßæ“Õÿµ “À°√√¡Õ‘‡≈Á°∑√Õπ‘° å ∫√‘…—∑œ º≈‘ µ ·≈–®”Àπà “ ¬·ºà π æ‘ ¡ æå « ß®√Õ‘ ‡ ≈Á ° ∑√Õπ‘ ° å (PRINTED CIRCUIT BOARD) ´÷ßË ‡ªìπ™‘πÈ à«π ”§—≠„πº≈‘µ¿—≥±åÕ‡‘ ≈Á°∑√Õπ‘° åµ“à ßÊ‡π◊ÕË ß®“°Õÿµ “À°√√¡Õ‘‡≈Á°∑√Õπ‘° å‡ªìπÕÿµ “À°√√¡∑’¡Ë °’ “√ ‡ª≈’Ë¬π·ª≈ß√«¥‡√Á«·≈–¡’°“√·¢àß¢—π Ÿß ∑”„Àâ‡°‘¥º≈°√–∑∫µàÕ§«“¡µâÕß°“√·≈–√“§“‰¥âßà“¬ ∫√‘…—∑œ ‰¥â„™â π‚¬∫“¬®—¥·∫àß®”Àπà“¬µ≈“¥ºŸâ´◊ÈÕ„Àâ¡’§«“¡À≈“°À≈“¬‡æ◊ËÕ≈¥º≈°√–∑∫∑’ËÕ“®®–‡°‘¥¢÷Èπ„πÕÿµ “À°√√¡„¥ Õÿµ “À°√√¡Àπ÷Ëß 2. °“√‡ª≈’Ë¬π·ª≈ß¢Õß ‘π§â“·≈–‡∑§‚π‚≈¬’ ‘π§â“Õ‘‡≈Á°∑√Õπ‘° å¡°’ “√¢¬“¬µ—«Õ¬à“ßµàÕ‡π◊ÕË ß∑”„Àâ‡°‘¥°“√‡ª≈’¬Ë π·ª≈ßÕ¬à“ß√«¥‡√Á«¢Õß‡∑§‚π‚≈¬’ ∑’Ë „™â ∫√‘…—∑œº≈‘µ ‘π§â“„π°≈ÿà¡¢ÕßÕÿµ “À°√√¡™‘Èπ à«π§Õ¡æ‘«‡µÕ√å °≈ÿà¡∏ÿ√°‘® ◊ËÕ “√ ‚∑√§¡π“§¡ °≈ÿà¡ Õÿµ “À°√√¡¬“π¬πµå ·≈–°≈ÿà¡Õÿµ “À°√√¡∑—Ë«‰ª ∫√‘…—∑œ√—∫√Ÿâ«‘«—≤π“°“√·≈–°“√‡ª≈’Ë¬π·ª≈ß‰¥âµ≈Õ¥‡«≈“ ®÷ß “¡“√∂°â“«∑—π«‘«—≤π“°“√·≈–‡∑§‚π‚≈¬’ ®÷ß¢÷ÈπÕ¬Ÿà°—∫§«“¡ “¡“√∂„π°“√«‘®—¬ ÕÕ°·∫∫ ·≈–æ—≤π“‡æ◊ËÕ„Àâ ‰¥â ‘π§â“∑’Ë¡’§ÿ≥¿“æ¥’¢÷Èπ„π√“§“µâπ∑ÿπ°“√º≈‘µ∑’Ë∂Ÿ°≈ßÀ√◊Õ„™â‡«≈“„π°“√º≈‘µ∑’Ë —Èπ≈ß ‚¥¬„Àâ Õ¥§≈âÕß°—∫√–¥—∫ ‡∑§‚π‚≈¬’·≈–§«“¡µâÕß°“√¢Õßµ≈“¥„π¢≥–π—Èπ 3. §«“¡‡ ’Ë¬ß®“°°“√π”‡¢â“«—µ∂ÿ¥‘∫À≈—°∫“ßª√–‡¿∑®“°µà“ßª√–‡∑» ∫√‘…—∑œπ”‡¢â“«—µ∂ÿ¥‘∫®“°µà“ßª√–‡∑» 45% ¢Õß¬Õ¥¢“¬‡æ◊ËÕ°“√º≈‘µ ∂â“‡°‘¥°“√¢“¥·§≈πÀ√◊Õ°“√ ‡ª≈’Ë¬π·ª≈ß√“§“¢Õß«—µ∂ÿ¥‘∫®–¡’º≈µàÕ°“√¥”‡π‘πß“π¢Õß∫√‘…—∑œ Õ¬à“ß‰√°Á¥’∫√‘…—∑œ¡’π‚¬∫“¬®—¥À“ ·À≈àß«—µ∂ÿ¥‘∫À≈“°À≈“¬ ”À√—∫«—µ∂ÿ¥‘∫·µà≈–ª√–‡¿∑∑—Èß„π·≈–πÕ°ª√–‡∑» πÕ°®“°π’È∫√‘…—∑œ „π°≈ÿà¡ KCE ¬—ß¡’∫√‘…—∑¬àÕ¬¢Õß∫√‘…—∑œ ‡ªìπºŸâº≈‘µ«—µ∂ÿ¥‘∫ àß„Àâ∫√‘…—∑œ 4. §«“¡‡ ’Ë¬ß¥â“π°“√º≈‘µ ·¡â«“à µâπ∑ÿπ¥â“π·√ßß“π®–¡’ ¥— à«πµË”‡¡◊ÕË ‡∑’¬∫°—∫µâπ∑ÿπ√«¡ ·µà¢∫«π°“√º≈‘µ¢Õß∫√‘…∑— œ„™â·√ßß“π ∑’ËµâÕß¡’∑—°…– §«“¡√Ÿâ §«“¡‡¢â“„®µàÕ¢∫«π°“√º≈‘µ À“°·√ßß“π¢“¥§ÿ≥ ¡∫—µ‘À√◊Õ¡’ªí≠À“‡√◊ËÕß·√ßß“π ®– àß º≈°√–∑∫µàÕ¢∫«π°“√º≈‘µ¢Õß∫√‘…—∑‰¥â ∫√‘…—∑œ‰¥â®—¥„Àâ¡’°“√Õ∫√¡ ∑¥ Õ∫ ·≈–æ—≤π“ß“π¢Õßæπ—°ß“π æ√âÕ¡∑—Èß‰¥âπ”‡§√◊ËÕß®—°√‡¢â“¡“„™â„π°“√º≈‘µ ‡æ◊ËÕ≈¥ªí≠À“µâπ∑ÿπ°“√º≈‘µ à«π§«“¡‡ ’Ë¬ß∑“ß¥â“π°“√®—¥´◊ÈÕ «—µ∂ÿ¥‘∫®“°µà“ßª√–‡∑»Õ—π‡π◊ËÕß®“°°“√¢π àß∑’Ë≈à“™â“À√◊Õ°“√¢“¥·§≈π ∫√‘…—∑œ‰¥â¡’π‚¬∫“¬·≈–¢—ÈπµÕπ °“√®—¥´◊ÈÕ«—µ∂ÿ¥‘∫ ‚¥¬¡’°“√‡≈◊Õ° SUPPLIERS ∑’Ë¡’™◊ËÕ‡ ’¬ß·≈–°‘®°“√¡—Ëπ§ß ¡’°“√µ√«® Õ∫√“§“«—µ∂ÿ¥‘∫ Õ¬à“ßµàÕ‡π◊ËÕß ¡’°“√ ”√Õß«—µ∂ÿ¥‘∫Õ¬à“ß‡æ’¬ßæÕ ∑”„Àâ°“√º≈‘µ‡ªìπ‰ªÕ¬à“ßµàÕ‡π◊ËÕß 5. §«“¡‡ ’Ë¬ß¥â“πÕ—µ√“·≈°‡ª≈’Ë¬π §«“¡º—πº«π¢ÕßÕ—µ√“·≈°‡ª≈’Ë¬πÀ≈“¬ªï∑’Ëºà“π¡“ àßº≈°√–∑∫µàÕ¬Õ¥¢“¬·≈–°”‰√ ÿ∑∏‘¢Õß ∫√‘…∑— œ ‡™àπ‡¥’¬«°—∫∫√‘…∑— Õ◊πË Ê Õ¬à“ß‰√°Áµ“¡∫√‘…∑— œ‰¥â∑” —≠≠“´◊ÕÈ ¢“¬‡ß‘πµ√“≈à«ßÀπâ“ ‡æ◊ÕË ≈¥§«“¡‡ ’¬Ë ß ¢Õß §«“¡º—πº«π¢Õß§à“‡ß‘π∑’Ë¡’µàÕ°“√∫√‘À“√‡ß‘π ¥¢Õß∫√‘…—∑œ „π·µà≈–¢≥– ·≈–∫√‘…—∑œ‰¥âæ¬“¬“¡√—°…“ —¥ à«π √–À«à“ß∑√—æ¬å π‘ ∑’‡Ë ªìπ °ÿ≈‡ß‘πµ√“µà“ßª√–‡∑»·≈–Àπ’ È π‘ ∑’‡Ë ªìπ °ÿ≈‡ß‘πµ√“µà“ßª√–‡∑»„ÀâÕ¬Ÿà„π®”π«π„°≈â‡§’¬ß°—π

Annual Report 2002

KCE ELECTRONICS PCL

The followings are the major risk factors that may affect the companyûs performance:

1. Electronics Industry Risk KCE manufactures and exports Printed Circuit Board, an essential component of electronic products. However, the rapid change and the fierce competitiveness of the electronics industry can instigate undesirable change in sales volume and price. KCE has diversified its customer base in order to diminish such impact.

2. Technology Risk Electronics Industry is dynamic with demand for newer and better technology. KCE has kept ahead with advanced technology and has invested in R&D to be foremost in the industry.

3. Raw Material Risk KCE imports 45% of raw material for manufacturing activities. Shortage of necessary raw material would effect the companyûs operation. To protect against such shortage, KCE has retained various suppliers globally as well as invested in a subsidiary company to manufacture laminate for KCE Printed Circuit Board production.

4. Production Risk While cost of labour appears low when compared to the total cost of manufacturing, the knowledge and skill of the KCE staff is crucial to KCE success. Shortage or any labour related problem would result in low productivity. KCE provides continuous staff training and education to ensure maximum growth and development of KCE staff. Automated machineries have also been added to reduce the cost of production. To safeguard against shortage of raw material, KCE suppliers are reputable, and selected on the basis of reliability. Global price of raw material is closely monitored and inventories assured to be adequate for smooth and continuous operation.

5. Foreign Exchange and Interest Risk The volatility of the foreign currency exchange rates have affected the performance of KCE as well as other companies. The company uses financial instrument, such as forward exchange contracts for hedging part of the reliabilities of foreign currencies to reduce the effect of foreign currency volatility. A change in interest rate may also have adverse effect in the earning of the company.

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

6. §«“¡‡ ’Ë¬ß¿“«–‡»√…∞°‘®·≈–°“√‡¡◊Õß π‚¬∫“¬°“√§â“√–À«à“ßª√–‡∑»§Ÿà§â“ ”§—≠ ¿“«–‡»√…∞°‘®·≈–°“√‡¡◊Õß π‚¬∫“¬°“√§â“√–À«à“ßª√–‡∑»§Ÿà§â“ ”§—≠ ‡™àπ Õ—ß°ƒ… Ω√—Ëß‡» ‡¬Õ√¡—π ·≈– À√—∞Õ‡¡√‘°“ ‡¡◊ËÕ¡’°“√‡ª≈’Ë¬π·ª≈ß∑“ß‡»√…∞°‘®„πÀ¡Ÿàª√–‡∑»∑’Ë‡ªìπ≈Ÿ°§â“¬àÕ¡ àßº≈°√–∑∫∑—Èß∑“ß¥â“π∫«°·≈–∑“ß≈∫ ‡¡◊ËÕ¿“«–‡»√…∞°‘®·≈–°“√‡¡◊Õß¥’¢÷Èπ®–¡’°“√ —Ëß´◊ÈÕ ‘π§â“®“°∫√‘…—∑œ ¡“°¢÷Èπ·≈–¡’º≈°√–∑∫µ√ß¢â“¡‡¡◊ËÕ¿“«–‡»√…∞°‘® ∂¥∂Õ¬≈ß ∫√‘…—∑œ‰¥âæ¬“¬“¡√—°…“ ¡¥ÿ≈„π°“√§â“°—∫§Ÿà§â“ ‚¥¬¡‘‰¥â‡πâπ§Ÿà§â“„πª√–‡∑»„¥‡ªìπæ‘‡»… 7. §«“¡‡ ’Ë¬ß„π¥â“π°“√≈ß∑ÿπ „π√–¬–∑’Ëºà“π¡“∫√‘…—∑œ‰¥â¡’°“√≈ß∑ÿπ∫√‘…—∑¬àÕ¬ ´÷Ëß∫√‘…—∑¬àÕ¬‡À≈à“π’È „π√–¬–·√°π—Èπº≈°“√¥”‡π‘πß“π¬—ß‰¡à ‡µÁ¡∑’Ë Õ¬à“ß‰√°Áµ“¡∫√‘…—∑œ§“¥«à“∫√‘…—∑œ‡À≈à“π’È®–¥”‡π‘π°“√‰¥â‡µÁ¡∑’Ë„π‰¡à™â“π’È ‚¥¬°“√≈ß∑ÿπ¢Õß∫√‘…—∑œπ—Èπ ®–‡πâπ„π°“√ ¢¬“¬¢Õ∫‡¢µ∏ÿ√°‘®„Àâ¡“°¢÷Èπ ‚¥¬ºà“π∫√‘…—∑¬àÕ¬ √«¡∑—Èß°“√≈ß∑ÿπ„π∏ÿ√°‘®∑’Ë®– “¡“√∂ àß‡ √‘¡ ‘π§â“¢Õß∫√‘…—∑œ„Àâ¡’§«“¡ ·¢Áß·°√àß¡“°¢÷Èπ ´÷Ëß®– àßº≈µÕ∫·∑π∑’Ë¥’¡“ ŸàºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑œ„πÕπ“§µ 8. §«“¡‡ ’Ë¬ß®“°°“√‡ª≈’Ë¬π·ª≈ß∑’Ë¡’ “√– ”§—≠„π°≈ÿà¡∞“π≈Ÿ°§â“√“¬„À≠à ªí®®—¬§«“¡‡ ’Ë¬ß¢Õß∫√‘…—∑œ ·≈–∫√‘…—∑¬àÕ¬ §◊Õ °“√‡ª≈’Ë¬π·ª≈ß∑’Ë¡’ “√– ”§—≠„π°≈ÿà¡∞“π≈Ÿ°§â“√“¬„À≠à ´÷ËßÕ“®‡°‘¥¢÷Èπ‰¥â‡π◊ËÕß®“°ªí®®—¬¿“¬πÕ° ‡™àπ °“√‡ª≈’Ë¬π·ª≈ß¢Õß‡®â“¢Õß°‘®°“√ À√◊Õ°“√‡ª≈’Ë¬π·ª≈ß∑“ß¥â“π‚ª√·°√¡ ¢Õßº≈‘µ¿—≥±å ∂÷ß·¡â«à“°≈¬ÿ∑∏å¢Õß∫√‘…—∑œ ·≈–∫√‘…—∑¬àÕ¬ §◊Õ °“√¡’∞“π≈Ÿ°§â“∑’ËÕ¬Ÿà„πÀ≈“¬Õÿµ “À°√√¡ °“√‡ª≈’Ë¬π·ª≈ß ∑’Ë‡ªìπ “√– ”§—≠¢Õß≈Ÿ°§â“√“¬„À≠à°Á “¡“√∂ àßº≈°√–∑∫µàÕº≈ª√–°Õ∫°“√¢Õß∫√‘…—∑œ ‰¥â 9. ß§√“¡ §«“¡‰¡à ß∫ ·≈–°“√°àÕ°“√√â“¬ Õ“®¡’º≈°√–∑∫‰¥âµàÕ°“√¥”‡π‘πß“π¢Õß∫√‘…—∑œ∂â“‡°‘¥ ∂“π°“√≥å‡™àππ—Èπ º≈°√–∑∫¬àÕ¡¡’µàÕ∑—Èßµ≈“¥‚≈° À√◊Õ ªí≠À“¥—ß°≈à“«¡’º≈‚¥¬µ√ßµàÕª√–‡∑»§Ÿà§â“À√◊Õª√–‡∑»‰∑¬

6. Economic, Political and International Trade Policies Risk Depending on whether the economic, political and international trade policies of the major customer countries such as U.K., Germany and U.S.A. is positive or negative, this factor may affect the company accordingly. KCE has maintained a balanced customer base to minimize any unpredicted impact.

7. Investment Risk KCE has continued to expand through investments in new subsidiary companies and associated companies. The new starting subsidiary companyûs performance is not expected to be profitable yet, however, these investments are anticipated to contribute to the future strengths and benefits of the company.

8. Policy change in Major Customers Risk Significant changes have occurred in the electronics industry such as merging of companies and take-overs as well as the changes in the business strategies and buying policies. Any such change in KCE major customer would affect the performance of the company.

9. War, Unrest and Terrorism Risk The impact of the above may affect KCE indirectly unless the incidence has major global effect or bears direct effect to major customer countries.

Annual Report 2002

KCE ELECTRONICS PCL

¢âÕ¡Ÿ≈∑—Ë«‰ª GENERAL INFORMATION ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ‡¥‘¡™◊ËÕ ∫√‘…—∑ §«ß‡®√‘≠ Õ’‡≈§‚∑√π‘§ å ®”°—¥ ”π—°ß“π·≈–‚√ßß“π µ—ÈßÕ¬Ÿà‡≈¢∑’Ë 125-125/1, 1 À¡Ÿà 4 π‘§¡Õÿµ “À°√√¡≈“¥°√–∫—ß ∂ππ©≈Õß°√ÿß ·¢«ß≈”ª≈“∑‘« ‡¢µ≈“¥°√–∫—ß °√ÿß‡∑æœ ‚∑√»—æ∑å (662) 326-0196 ‚∑√ “√ (662) 326-0300 ‡§´’Õ’œ ‡√‘Ë¡°àÕµ—Èß„πªï 2525 ‰¥â‡¢â“®¥∑–‡∫’¬π„πµ≈“¥À≈—°∑√—æ¬å·Ààßª√–‡∑»‰∑¬„πªï 2531 ·≈–‰¥â·ª√ ¿“æ ∫√‘…—∑¡À“™π„πªï 2535 ªí®®ÿ∫—π¡’∑ÿπ®¥∑–‡∫’¬π 450 ≈â“π∫“∑ ∑’Ë‡√’¬°™”√–·≈â«√«¡ 308.1 ≈â“π∫“∑ ‡§´’Õ’œ ‡ªìπºŸâº≈‘µ·≈–®”Àπà“¬·ºàπæ‘¡æå«ß®√Õ‘‡≈Á°∑√Õπ‘° å À√◊Õ PCB (PRINTED CIRCUIT BOARD) ´÷Ëß‡ªìπ ·ºàπ EPOXY GLASS ∑’Ë¡’ ◊ËÕπ”‰øøÑ“ ‡™àπ µ–°—Ë« ∑Õß·¥ß‡§≈◊Õ∫Õ¬Ÿà¿“¬„µâ‡§√◊ËÕßÀ¡“¬°“√§â“ çKCEé º≈‘µ¿—≥±å¥—ß°≈à“« ‡ªìπ™‘Èπ à«π ”§—≠¢—Èπæ◊Èπ∞“π„π°“√ª√–°Õ∫‡§√◊ËÕß§Õ¡æ‘«‡µÕ√å ‡§√◊ËÕß¡◊Õ ◊ËÕ “√ ‚∑√§¡π“§¡ ‡§√◊ËÕß¡◊ÕÕ‘‡≈Á°∑√Õπ‘° å ‡°◊Õ∫∑ÿ°ª√–‡¿∑ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ∫√‘…—∑·¡à‡ªìπºŸâº≈‘µ·ºàπ PCB ª√–‡¿∑ MULTILAYER ªí®®ÿ∫—π¡’ ∫√‘…∑— ¬àÕ¬§◊Õ 1) ∫√‘…∑— ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—πË ·π≈ ®”°—¥ ‚¥¬∫√‘…∑— œ ‰¥â∂Õ◊ Àÿπâ Õ¬Ÿ®à ”π«π 94.99% ¡’‚√ßß“πÕ¬Ÿ∑à π’Ë §‘ ¡Õÿµ “À°√√¡∫“ßªŸ º≈‘µ‡©æ“–·ºàπ PCB ª√–‡¿∑ DOUBLE SIDED 2) ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ‡ªìπºŸâº≈‘µ Prepreg ·≈– Laminate ´÷Ëß‡ªìπ«—µ∂ÿ¥‘∫∑’Ë ”§—≠ „π °“√º≈‘µ PCB ∫√‘…—∑œ ∂◊ÕÀÿâπ¢Õß∫√‘…—∑ ‰∑¬≈“¡‘‡πµ Õ¬Ÿà®”π«π 97.63% 3) ∫√‘…—∑ ‡§ ´’ Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ´÷Ëß∫√‘…—∑∂◊ÕÀÿâπÕ¬Ÿà®”π«π 100% º≈‘µ·≈–®”Àπà“¬·ºàπ PCB ‚√ßß“πµ—ÈßÕ¬Ÿà∑’Ë π‘§¡Õÿµ “À°√√¡‰Œ-‡∑§ ®—ßÀ«—¥æ√–π§√»√’Õ¬ÿ∏¬“ ∫√‘…—∑œ ¡’ ”π—°ß“π¢“¬„π¬ÿ‚√ª Õ‡¡√‘°“ ·≈– ‘ß§å‚ª√å ´÷Ëß®–¥”‡π‘πß“π¥â“π°“√¢“¬ ·≈–°“√µ≈“¥‡æ◊ËÕµ‘¥µàÕ°—∫ ≈Ÿ°§â“„πª√–‡∑»µà“ßÊ∑—Ë«‚≈° ‚¥¬∫√‘…—∑œ ∂◊ÕÀÿâπ¢Õß∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å Õ¬Ÿà 48.75% ·≈–∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥ Õ¬Ÿà 47.77% ∫ÿ§§≈Õâ“ßÕ‘ß π“¬∑–‡∫’¬π ∫√‘…—∑ »Ÿπ¬å√—∫Ω“°À≈—°∑√—æ¬å (ª√–‡∑»‰∑¬ ) ®”°—¥ 62 Õ“§“√µ≈“¥À≈—°∑√—æ¬å·Ààßª√–‡∑»‰∑¬ ™—Èπ 4, 6-7 ∂ππ√—™¥“¿‘‡…° ·¢«ß§≈Õß‡µ¬ ‡¢µ§≈Õß‡µ¬ °√ÿß‡∑æœ 10110 ‚∑√»—æ∑å : 02-3591200 ‚∑√ “√ : 02-3591259 ºŸ â Õ∫∫—≠™’ π“¬π‘µ‘ ®÷ßπ‘®π‘√—π¥√å ºŸâ Õ∫∫—≠™’Õπÿ≠“µ‡≈¢∑’Ë π“ß “«®ß®‘µµå À≈’°¿—¬ ºŸâ Õ∫∫—≠™’Õπÿ≠“µ‡≈¢∑’Ë π“ß “«π—™√’ ∫ÿ≠≠–°“√°ÿ»≈ ºŸâ Õ∫∫—≠™’Õπÿ≠“µ‡≈¢∑’Ë ¥√. »ÿ¿¡‘µ√ ‡µ≈–¡πµ√’°ÿ≈ ºŸâ Õ∫∫—≠™’Õπÿ≠“µ‡≈¢∑’Ë ·Ààß∫√‘…—∑ ¥’≈Õ¬∑å ∑Ÿâ™ ‚∏¡—∑ ÿ ‰™¬¬» ®”°—¥ Õ“§“√√—®π“°“√ ™—Èπ 25, 183 ∂ππ “∏√„µâ ·¢«ß¬“ππ“«“ ‡¢µ “∏√ °√ÿß‡∑æœ 10120 ‚∑√»—æ∑å : 02-676-5700 ‚∑√ “√ : 02-676-5757 ∑’Ëª√÷°…“∑“ß°ÆÀ¡“¬ ∫√‘…—∑ ”π—°ß“π∑π“¬§«“¡ ™—¬«—∏ - ∫—≥±Ÿ√¬å ®”°—¥ 92/22 ™—Èπ 10 Õ“§“√ “∏√∏“π’ 2 ∂ππ “∏√‡Àπ◊Õ ‡¢µ∫“ß√—° °√ÿß‡∑æœ 10500 ‚∑√»—æ∑å : 02-238-3689 ‚∑√ “√ : 02-236-4980 √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

3809 2649 3126 3356

KCE ELECTRONICS PUBLIC COMPANY LIMITED, Originally known as Kuang Charoen Electronics Company Limited, is located at 125-125/1, 1 Moo 4 Lat Krabang Industrial Estate, Chalongkrung Road, Kwang Lumplatew, Lat Krabang, Bangkok 10520 Tel. (662) 326-0196 Fax : (662) 326-0300 Founded in 1982, the company became a public company listed on the Stock Exchange of Thailand in 1988, and conversed its status from a limited company to a Public Company Limited in 1992. The registered capital is now Baht 450 million, paid up Baht 308.1 million. The core business of the company is the production and distribution of Printed Circuit Board (PCB), essentially electrically conductive circuits manufactured from an epoxy glass copper lead laminated under the Ă§KCEĂŠ trademark. Group of PCBs manufacturing is consisting of 3 subsidiaries. The multilayer PCBs with higher layer count produces at KCE Electronics Public Company Limited (Parent Company) at Lat Krabang Industrial Estate. The double sided PCBs produces at K.C.E. International Co., Ltd., a subsidiary of KCE (94.99% owned) at Bangpoo Industrial Estate. Thai Laminate Manufacturers Co., Ltd., a subsidiary Of KCE (97.63% owned) produces a major PCB raw material, prepreg and laminate. KCE Technology Co., Ltd., a new subsidiary of KCE (100% owned) at Hi-Tech Industrial Estate to expand the capacity of PCB manufacturing KCE has a network of sales offices in Singapore, KCE Singapore Pte. Ltd. (47.77% owned), in America, KCE America Inc. (48.75% owned), and in Europe, offering full commercial and technical support to the customers worldwide.

Other References Registrar Thailand Securities Depository Company Limited 4, 6-7th Floor, 62 The Stock Exchange of Thailand Building Ratchadapisek Road, Klongtoey, Bangkok 10110 Thailand

Auditor Mr. Niti Jungnitnirundr, Certified Public Accountant No. 3809 Ms. Chongchitt Leekbhai, Certified Public Accountant No. 2649 Ms. Nutchalee Boonyakarnkul Certified Public Accountant No. 3126 Ms. Suphamit Techamontrikul Certified Public Accountant No. 3356 Deloitte Touche Tohmatsu Jaiyos Company Limited Rachanakarn Building, 25th Floor, Sathorn Tai Road, Yannawa, Sathorn, Bangkok 10120 Tel. 02- 676-5700 Fax : 02-676-5757

Law Consultant Office C.B. Law Office 92/22, 10th Floor, Sathornthani Building 2 North Sathorn Road, Bangrak, Bangkok 10500 Tel. 02-238-3689 Fax : 02-236-4980 Annual Report 2002

KCE ELECTRONICS PCL

√“¬ß“π¢ÕßºâŸ Õ∫∫—≠™’√—∫Õπÿ≠“µ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬

‡ πÕºŸâ∂◊ÕÀÿâπ·≈–§≥–°√√¡°“√ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ¢â“æ‡®â“‰¥âµ√«® Õ∫ß∫¥ÿ≈√«¡¢Õß∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬ ·≈– ß∫¥ÿ≈‡©æ“–¢Õß∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ß∫°”‰√¢“¥∑ÿπ √«¡ ß∫· ¥ß°“√‡ª≈’Ë¬π·ª≈ß à«π¢ÕßºŸâ∂◊ÕÀÿâπ√«¡·≈–ß∫°√–· ‡ß‘π ¥√«¡ ·≈–ß∫°”‰√¢“¥∑ÿπ ß∫ · ¥ß°“√‡ª≈’¬Ë π·ª≈ß à«π¢ÕßºŸ∂â Õ◊ Àÿπâ ·≈–ß∫°√–· ‡ß‘π ¥‡©æ“–¢Õß∫√‘…∑— ”À√—∫ªï π‘È ÿ¥«—π‡¥’¬«°—π ´÷Ë ß ºŸâ ∫ √‘ À “√¢Õß°‘ ® °“√‡ªì π ºŸâ √— ∫ º‘ ¥ ™Õ∫µà Õ §«“¡∂Ÿ ° µâ Õ ß·≈–§√∫∂â « π¢Õß¢â Õ ¡Ÿ ≈ „πß∫°“√‡ß‘ π ‡À≈à “ π’È à«π¢â“æ‡®â“‡ªìπºŸ√â ∫— º‘¥™Õ∫ „π°“√· ¥ß§«“¡‡ÀÁπµàÕß∫°“√‡ß‘π¥—ß°≈à“« ®“°º≈°“√µ√«® Õ∫¢Õß¢â“æ‡®â“ ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 (°àÕπ°“√ª√—∫ª√ÿß µ“¡∑’Ë°≈à“«∂÷ß„π«√√§∑’Ë ’Ë·≈–«√√§∑’ËÀâ“) µ√«® Õ∫‚¥¬ºŸâ Õ∫∫—≠™’Õ◊Ëπ„π ”π—°ß“π‡¥’¬«°—π ´÷Ëß‰¥â· ¥ß §«“¡‡ÀÁπÕ¬à“ß‰¡à¡’‡ß◊ËÕπ‰¢µ“¡√“¬ß“π°“√ Õ∫∫—≠™’≈ß«—π∑’Ë 11 °ÿ¡¿“æ—π∏å 2545 ‚¥¬¡’«√√§Õ∏‘∫“¬ ‡°’Ë¬«°—∫°“√∑’Ë∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ Õß·Ààß ‰¥â‡ª≈’Ë¬π«‘∏’°“√∫—≠™’ ”À√—∫∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å ®“° «‘∏’√“§“∑’Ëµ’„À¡à¡“‡ªìπ«‘∏’√“§“∑ÿπ ≥ «—π∑’Ë 30 ¡‘∂ÿπ“¬π 2544 ¢â“æ‡®â“‰¥âªØ‘∫—µ‘ß“πµ√«® Õ∫µ“¡¡“µ√∞“π°“√ Õ∫∫—≠™’∑’Ë√—∫√Õß∑—Ë«‰ª ´÷Ëß°”Àπ¥„Àâ¢â“æ‡®â“ µâÕß«“ß·ºπ·≈–ªØ‘∫—µ‘ß“π‡æ◊ËÕ„Àâ ‰¥â§«“¡‡™◊ËÕ¡—ËπÕ¬à“ß¡’‡Àµÿº≈«à“ ß∫°“√‡ß‘π· ¥ß¢âÕ¡Ÿ≈∑’Ë¢—¥µàÕ ¢âÕ‡∑Á®®√‘ßÕ—π‡ªìπ “√– ”§—≠À√◊Õ‰¡à °“√µ√«® Õ∫√«¡∂÷ß°“√„™â«∏‘ °’ “√∑¥ Õ∫À≈—°∞“πª√–°Õ∫√“¬°“√ ∑—Èß∑’Ë‡ªìπ®”π«π‡ß‘π·≈–°“√‡ªî¥‡º¬¢âÕ¡Ÿ≈„πß∫°“√‡ß‘π °“√ª√–‡¡‘π§«“¡‡À¡“– ¡¢ÕßÀ≈—°°“√∫—≠™’ ∑’Ë°‘®°“√„™â·≈–ª√–¡“≥°“√‡°’Ë¬«°—∫√“¬°“√∑“ß°“√‡ß‘π∑’Ë‡ªìπ “√– ”§—≠ ´÷ËßºŸâ∫√‘À“√‡ªìπºŸâ®—¥∑”¢÷Èπ µ≈Õ¥®π°“√ª√–‡¡‘π∂÷ß§«“¡‡À¡“– ¡¢Õß°“√· ¥ß√“¬°“√∑’Ëπ”‡ πÕ„πß∫°“√‡ß‘π‚¥¬√«¡ ¢â“æ‡®â“ ‡™◊ËÕ«à“°“√µ√«® Õ∫¥—ß°≈à“«„Àâ¢âÕ √ÿª∑’Ë‡ªìπ‡°≥±åÕ¬à“ß‡À¡“– ¡„π°“√· ¥ß§«“¡‡ÀÁπ¢Õß¢â“æ‡®â“ ¢â“æ‡®â“‡ÀÁπ«à“ ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑¢â“ßµâππ’È· ¥ß∞“π–°“√‡ß‘π¢Õß ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬ ·≈–¢Õß∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 º≈°“√¥”‡π‘πß“π ·≈–°√–· ‡ß‘π ¥ ”À√—∫ªï ‘Èπ ÿ¥«—π‡¥’¬«°—π ‚¥¬∂Ÿ°µâÕßµ“¡∑’Ë§«√„π “√– ”§—≠µ“¡À≈—°°“√∫—≠™’∑’Ë√—∫√Õß∑—Ë«‰ª ‚¥¬¡‘„™à‡ªìπ°“√· ¥ß§«“¡‡ÀÁπÕ¬à“ß¡’‡ß◊ËÕπ‰¢ µ“¡∑’Ë°≈à“«‰«â„πÀ¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π¢âÕ 5 „πªï 2545 ∫√‘ …— ∑ ‰¥â ‡ ª≈’Ë ¬ π«‘ ∏’ ° “√∫— ≠ ™’ ”À√— ∫ Àÿâ π ¢Õß∫√‘ …— ∑ ∑’Ë ∂◊ Õ ‚¥¬∫√‘ …— ∑ ¬à Õ ¬®“°°“√∫— π ∑÷ ° ‡ªìπ‡ß‘π≈ß∑ÿπ„πÀ≈—°∑√—æ¬å™—Ë«§√“«¡“∫—π∑÷°‡ªìπ∫—≠™’Àÿâπ¢Õß∫√‘…—∑∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬ ‚¥¬∫√‘…—∑‰¥âª√—∫ ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 ¬âÕπÀ≈—ß ‡æ◊ËÕ· ¥ßº≈°√–∑∫¢Õß°“√„™âπ‚¬∫“¬°“√∫—≠™’„À¡à¥—ß°≈à“« ´÷Ëß¢â“æ‡®â“‰¥â Õ∫∑“π√“¬°“√ª√—∫ª√ÿß ∑’Ë¡’º≈°√–∑∫°—∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑¥—ß°≈à“«¢â“ßµâπ·≈â« µ“¡∑’°Ë ≈à“«‰«â„πÀ¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π√–À«à“ß°“≈¢âÕ 10.2 ∫√‘…∑— ‰¥âª√—∫ß∫°“√‡ß‘π√«¡·≈– ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 ¬âÕπÀ≈—ß ”À√—∫∫—≠™’ à«π·∫àß ¢“¥∑ÿπ®“°‡ß‘π≈ß∑ÿπµ“¡«‘∏’ à«π‰¥â‡ ’¬¢Õß∫√‘…—∑√à«¡ ‡π◊ËÕß®“°∫√‘…—∑‰¥â√—∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥

π‘µ‘ ®÷ßπ‘®π‘√—π¥√å °√ÿß‡∑æ¡À“π§√ «—π∑’Ë 25 °ÿ¡¿“æ—π∏å 2546

ºŸâ Õ∫∫—≠™’√—∫Õπÿ≠“µ‡≈¢∑–‡∫’¬π 3809 ”π—°ß“π¥’≈Õ¬∑å ∑Ÿâ™ ‚∏¡—∑ ÿ ‰™¬¬»

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

ß∫¥ÿ≈ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬

Àπà«¬ : ∫“∑

≥ «—π∑’Ë 31 ∏—π«“§¡

ß∫°“√‡ß‘π√«¡ 2544 2545 ª√—∫ª√ÿß„À¡à

À¡“¬‡Àµÿ ¢âÕ ‘π∑√—æ¬å ‘π∑√—æ¬åÀ¡ÿπ‡«’¬π ‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ ‡ß‘π≈ß∑ÿπ™—Ë«§√“« ‡ß‘πΩ“°∏π“§“√ª√–‡¿∑‡ß‘πΩ“°ª√–®” ≈Ÿ°Àπ’È°“√§â“ ≈Ÿ°Àπ’È°“√§â“°‘®°“√∑’Ë‡°’Ë¬«¢âÕß°—π À—° §à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ ≈Ÿ°Àπ’È°“√§â“- ÿ∑∏‘ ‡ß‘π„Àâ°Ÿâ¬◊¡√–¬– —Èπ·≈–‡ß‘π∑¥√Õß ·°à°√√¡°“√·≈–°‘®°“√∑’Ë‡°’Ë¬«¢âÕß°—π ‘π§â“§ß‡À≈◊Õ- ÿ∑∏‘ ‘π∑√—æ¬åÀ¡ÿπ‡«’¬πÕ◊Ëπ ≈Ÿ°Àπ’È°√¡ √√æ“°√ §à“„™â®à“¬®à“¬≈à«ßÀπâ“ ≈Ÿ°Àπ’ÈÕ◊Ëπ Õ◊ËπÊ √«¡ ‘π∑√—æ¬åÀ¡ÿπ‡«’¬π

144,219,640

169,966,635

334,664 605,211,594 431,475,618 60,846,564 48,614,908 666,058,158 480,090,526 (4,253,590) (3,619,447) 661,804,568 476,471,079

334,664 330,019,492 50,102,398 380,121,890 (3,133,977) 376,987,913

742,267 611,801,307

2,952,789 292,202,089

3,867,400 351,960,844

5,587,170 5,872,273 13,148,440 5,401,634 10,805,515 15,246,745 4,870,068 2,049,780 2,125,717,415 1,632,877,577

1,935,930 6,041,717 492,394 2,110,024 926,425,662

2,932,610 2,079,035 305,485 908,434,586

369,659,063

329,624,339

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2544 2545 ª√—∫ª√ÿß„À¡à

16 9

Annual Report 2002

936,639,085 110,170,602 1,046,809,687 (3,619,447) 1,043,190,240 678,456,919

KCE ELECTRONICS PCL

≥ «—π∑’Ë 31 ∏—π«“§¡

Àπà«¬ : ∫“∑

ß∫°“√‡ß‘π√«¡ 2544 2545 ª√—∫ª√ÿß„À¡à

À¡“¬‡Àµÿ ¢âÕ ‘π∑√—æ¬å (µàÕ) ‘π∑√—æ¬å ‰¡àÀ¡ÿπ‡«’¬π ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ ‡ß‘π≈ß∑ÿπ√–¬–¬“«Õ◊Ëπ ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å- ÿ∑∏‘ §à“§«“¡π‘¬¡- ÿ∑∏‘ ‘π∑√—æ¬å ‰¡àÀ¡ÿπ‡«’¬πÕ◊Ëπ ‡ß‘π¡—¥®” Õ◊ËπÊ √«¡ ‘π∑√—æ¬å ‰¡àÀ¡ÿπ‡«’¬π √«¡ ‘π∑√—æ¬å

10 11 10.5

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2545 2544 ª√—∫ª√ÿß„À¡à

40,693,371 39,012,956 1,520,860,841 1,223,803,230 426,398 426,398 426,398 426,398 3,599,992,186 3,033,376,032 778,818,336 725,622,962 6,302,097 12,332,204 10,043,432 18,799,315 5,183,653 17,939,326 40,000 40,000 40,000 40,000 3,657,497,484 3,103,986,905 2,305,329,228 1,967,831,916 5,783,214,899 4,736,864,482 3,231,754,890 2,876,266,502

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π‡ªìπ à«πÀπ÷Ëß¢Õßß∫°“√‡ß‘ππ’È √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

ß∫¥ÿ≈ (µàÕ) ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬

≥ «—π∑’Ë 31 ∏—π«“§¡

Àπà«¬ : ∫“∑

ß∫°“√‡ß‘π√«¡ 2544 2545 ª√—∫ª√ÿß„À¡à

À¡“¬‡Àµÿ ¢âÕ Àπ’È ‘π·≈– à«π¢ÕßºŸâ∂◊ÕÀÿâπ Àπ’È ‘πÀ¡ÿπ‡«’¬π ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ ®“° ∂“∫—π°“√‡ß‘π ‡®â“Àπ’È°“√§â“ ‡®â“Àπ’È°“√§â“°‘®°“√∑’Ë‡°’Ë¬«¢âÕß°—π ‡ß‘π°Ÿâ¬◊¡√–¬–¬“«∑’Ë∂÷ß°”Àπ¥ ™”√–¿“¬„πÀπ÷Ëßªï ‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ·≈–‡ß‘π∑¥√Õß ®“°°√√¡°“√·≈–°‘®°“√∑’Ë‡°’Ë¬«¢âÕß°—π Àπ’È ‘πÀ¡ÿπ‡«’¬πÕ◊Ëπ ¿“…’‡ß‘π‰¥âπ‘µ‘∫ÿ§§≈§â“ß®à“¬ §à“„™â®à“¬§â“ß®à“¬ ‡®â“Àπ’ÕÈ π◊Ë ‡®â“Àπ’ÈÕ◊Ëπ®“°°“√´◊ÈÕ ‘π∑√—æ¬å∂“«√ ¥Õ°‡∫’¬È §â“ß®à“¬ Õ◊ËπÊ √«¡Àπ’È ‘πÀ¡ÿπ‡«’¬π Àπ’È ‘π‰¡àÀ¡ÿπ‡«’¬π ‡ß‘π°Ÿâ¬◊¡√–¬–¬“« √«¡Àπ’È ‘π‰¡àÀ¡ÿπ‡«’¬π √«¡Àπ’ È π‘

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2544 2545 ª√—∫ª√ÿß„À¡à

945,317,983 521,882,970 77,766,967

824,973,661 288,532,308 27,029,989

603,643,683 152,913,438 186,561,910

417,489,889 118,832,546 135,928,226

420,995,366

265,870,145

180,279,848

208,996,506

3,265,627

1,779,323

1,119,204

652,468

14,904,008 15,419,729 68,901,998 50,982,901 31,972,195 24,724,835 7,148,605 220,382,150 75,051,827 49,467,744 9,569,368 11,368,356 2,103,766 4,565,815 1,165,742 1,042,220 2,312,277,087 1,569,322,586 1,209,104,008

27,763,419 2,200,000 6,397,687 2,568,579 575,634 921,404,954

Annual Report 2002

1,635,787,265 1,502,330,910 210,203,195 305,379,050 1,635,787,265 1,502,330,910 210,203,195 305,379,050 3,948,064,352 3,071,653,496 1,419,307,203 1,226,784,004

KCE ELECTRONICS PCL

≥ «—π∑’Ë 31 ∏—π«“§¡

Àπà«¬ : ∫“∑

ß∫°“√‡ß‘π√«¡ 2544 2545 ª√—∫ª√ÿß„À¡à

À¡“¬‡Àµÿ ¢âÕ Àπ’È ‘π·≈– à«π¢ÕßºŸâ∂◊ÕÀÿâπ (µàÕ) à«π¢ÕßºŸâ∂◊ÕÀÿâπ ∑ÿπ‡√◊ÕπÀÿâπ ∑ÿπ®¥∑–‡∫’¬π Àÿâπ “¡—≠ 45,000,000 Àÿâπ ¡Ÿ≈§à“Àÿâπ≈– 10.00 ∫“∑ ∑ÿπ∑’ËÕÕ°·≈–™”√–·≈â« Àÿâπ “¡—≠ 30,827,000 Àÿâπ ¡Ÿ≈§à“Àÿâπ≈– 10.00 ∫“∑ ™”√–§√∫·≈â« Àÿâπ “¡—≠ 30,230,000 Àÿâπ ¡Ÿ≈§à“Àÿâπ≈– 10.00 ∫“∑ ™”√–§√∫·≈â« „∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®–´◊ÈÕÀÿâπ „∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®–´◊ÈÕÀÿâπ ®”π«π 636,000 Àπà«¬ ¡Ÿ≈§à“Àπà«¬≈– 0 ∫“∑ „∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®–´◊ÈÕÀÿâπ ®”π«π 1,270,000 Àπà«¬ ¡Ÿ≈§à“Àπà«¬≈– 0 ∫“∑ à«π‡°‘π∑ÿπ à«π‡°‘π¡Ÿ≈§à“Àÿâπ “¡—≠ °”‰√ – ¡ ®—¥ √√·≈â« ”√Õßµ“¡°ÆÀ¡“¬ ¬—ß‰¡à ‰¥â®—¥ √√ Àÿâπ¢Õß∫√‘…—∑∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬ à«π‡°‘π¡Ÿ≈§à“Àÿâπ - Àÿâπ¢Õß∫√‘…—∑∑’Ë∂◊Õ ‚¥¬∫√‘…—∑¬àÕ¬ √«¡ à«π¢ÕßºŸâ∂◊ÕÀÿâπ∫√‘…—∑„À≠à à«π¢ÕßºŸâ∂◊ÕÀÿâπ à«ππâÕ¬ √«¡ à«π¢ÕßºŸ∂â Õ◊ Àÿπâ √«¡Àπ’È ‘π·≈– à«π¢ÕßºŸâ∂◊ÕÀÿâπ

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2544 2545 ª√—∫ª√ÿß„À¡à

450,000,000

308,270,000

450,000,000

308,270,000 302,300,000

302,300,000

5 5

1,007,405,000

998,450,000 1,007,405,000

998,450,000

45,000,000 451,772,687 (22,881,799)

45,000,000 45,000,000 303,732,498 451,772,687 (25,681,871) -

45,000,000 303,732,498 -

4,147,798 1,793,713,686 1,623,800,627 1,812,447,687 1,649,482,498 41,436,861 41,410,359 1,835,150,547 1,665,210,986 1,812,447,687 1,649,482,498 5,783,214,899 4,736,864,482 3,231,754,890 2,876,266,502

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π‡ªìπ à«πÀπ÷Ëß¢Õßß∫°“√‡ß‘ππ’È √“¬ß“πª√–®”ªï 2545

450,000,000

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

ß∫°”‰√¢“¥∑ÿπ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬

Àπà«¬ : ∫“∑

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡

ß∫°“√‡ß‘π√«¡ 2544 2545 ª√—∫ª√ÿß„À¡à

À¡“¬‡Àµÿ ¢âÕ √“¬‰¥â √“¬‰¥â®“°°“√¢“¬ √“¬‰¥âÕπ◊Ë °”‰√®“°Õ—µ√“·≈°‡ª≈’Ë¬π ¥Õ°‡∫’È¬√—∫ Õ◊ËπÊ à«π·∫àß°”‰√®“°‡ß‘π≈ß∑ÿπµ“¡«‘∏’ à«π‰¥â‡ ’¬ ¢Õß∫√‘…—∑¬àÕ¬ à«π·∫àß°”‰√®“°‡ß‘π≈ß∑ÿπµ“¡«‘∏’ à«π‰¥â‡ ’¬ ¢Õß∫√‘…—∑√à«¡ √«¡√“¬‰¥â §à“„™â®à“¬ µâπ∑ÿπ¢“¬ §à“„™â®à“¬„π°“√¢“¬·≈–∫√‘À“√ §à“„™â®à“¬Õ◊Ëπ Àπ’È ß —¬®– Ÿ≠ - °‘®°“√∑’Ë‡°’Ë¬«¢âÕß°—π Õ◊ËπÊ à«π·∫àß¢“¥∑ÿπ®“°‡ß‘π≈ß∑ÿπµ“¡«‘∏’ à«π‰¥â‡ ’¬ ¢Õß∫√‘…—∑¬àÕ¬ à«π·∫àß¢“¥∑ÿπ®“°‡ß‘π≈ß∑ÿπµ“¡«‘∏’ à«π‰¥â‡ ’¬ ¢Õß∫√‘…—∑√à«¡ √«¡§à“„™â®“à ¬

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2544 2545 ª√—∫ª√ÿß„À¡à

3,619,328,967 3,501,559,726 1,793,163,528 2,150,907,365

10.1

56,357,283 31,746,778 26,279,230

14,895,177 32,258,879 26,566,211

18,734,896 30,418,882 17,737,977

23,774,901 31,812,048 17,506,980

128,367,396

1,680,415 1,680,415 3,735,392,673 3,575,279,993 1,990,103,094 2,224,001,294 2,850,261,903 2,860,105,996 1,526,419,093 1,752,307,008 517,986,671 485,832,341 230,097,560 233,303,209

10.1

Annual Report 2002

29,942,635 16,328,956

29,942,634 19,236,221

29,942,635 12,661,627

29,942,634 12,983,263

122,286,349

5,006,842 5,006,842 3,414,520,165 3,400,124,034 1,799,120,915 2,155,829,305

KCE ELECTRONICS PCL

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡

Àπà«¬ : ∫“∑

ß∫°“√‡ß‘π√«¡ 2544 2545 ª√—∫ª√ÿß„À¡à

À¡“¬‡Àµÿ ¢âÕ °”‰√°àÕπÀ—°¥Õ°‡∫’È¬®à“¬·≈–¿“…’‡ß‘π‰¥â À—° ¥Õ°‡∫’È¬®à“¬ À—° ¿“…’‡ß‘π‰¥â °”‰√À≈—ßÀ—°¿“…’‡ß‘π‰¥â À—° °”‰√ ÿ∑∏‘ à«π∑’Ë‡ªìπ¢ÕßºŸâ∂◊ÕÀÿâπ à«ππâÕ¬ °”‰√ ÿ∑∏‘ °”‰√µàÕÀÿâπ¢—Èπæ◊Èπ∞“π ®”π«πÀÿâπ “¡—≠∂—«‡©≈’Ë¬∂à«ßπÈ”Àπ—° (Àÿâπ) °”‰√µàÕÀÿâπª√—∫≈¥ ®”π«πÀÿâπ “¡—≠∂—«‡©≈’Ë¬∂à«ßπÈ”Àπ—°ª√—∫≈¥ (Àÿâπ)

5 18.5 5 18.5

320,872,508 136,904,937 28,891,080 155,076,491 7,036,302 148,040,189 4.85 30,555,156 4.79 30,930,697

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π‡ªìπ à«πÀπ÷Ëß¢Õßß∫°“√‡ß‘ππ’È √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

175,155,959 150,243,619 16,128,495 8,783,845 5,550,660 3,233,185 0.11 30,159,041 0.11 30,757,936

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2544 2545 ª√—∫ª√ÿß„À¡à 190,982,179 42,941,990 148,040,189 148,040,189 4.85 30,555,156 4.79 30,930,697

68,171,989 64,938,804 3,233,185 3,233,185 0.11 30,159,041 0.11 30,757,936

ß∫· ¥ß°“√‡ª≈’Ë¬π·ª≈ß à«π¢ÕßºŸâ∂◊ÕÀÿâπ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡

Àπà«¬ : ∫“∑

ß∫°“√‡ß‘π√«¡ À¡“¬‡Àµÿ ∑ÿπ∑’ÕË Õ° à«π‡°‘π °”‰√ – ¡ Àÿπâ ¢Õß∫√‘…∑— à«π‡°‘π¡Ÿ≈§à“Àÿâπ- à«π¢ÕßºŸ∂â Õ◊ Àÿπâ ·≈– ¡Ÿ ≈ §à “ Àÿ π â “¡— ≠ ®— ¥ √√·≈â « ¬— ß ‰¡à ‰ ¥â ® ¥ — √√ ∑’∂Ë Õ◊ ‚¥¬ Àÿâπ¢Õß∫√‘…—∑∑’Ë à«ππâÕ¬ ¢âÕ ™”√–·≈â« ∫√‘…—∑¬àÕ¬ ∂◊Õ‚¥¬∫√‘…∑— ¬àÕ¬ ¬Õ¥§ß‡À≈◊Õµâπß«¥ ≥ «—π∑’Ë 1 ¡°√“§¡ 2544 º≈ – ¡®“°°“√‡ª≈’Ë¬π·ª≈ß π‚¬∫“¬°“√∫—≠™’ ¬Õ¥¬°¡“À≈—ß°“√ª√—∫ª√ÿß °”‰√ ÿ∑∏‘ Àÿπâ “¡—≠ à«π‡°‘π¡Ÿ≈§à“Àÿâπ “¡—≠ ‡ß‘πªíπº≈ ∫√‘…—∑¬àÕ¬´◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑ ¬Õ¥§ß‡À≈◊Õª≈“¬ß«¥ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 ¬Õ¥§ß‡À≈◊Õµâπß«¥ ≥ «—π∑’Ë 1 ¡°√“§¡ 2545 º≈ – ¡®“°°“√‡ª≈’Ë¬π·ª≈ß π‚¬∫“¬°“√∫—≠™’ º≈ – ¡®“°°“√·°â‰¢¢âÕº‘¥æ≈“¥ ∑“ß∫—≠™’ ¬Õ¥¬°¡“À≈—ß°“√ª√—∫ª√ÿß °”‰√ ÿ∑∏‘ Àÿπâ “¡—≠ à«π‡°‘π¡Ÿ≈§à“Àÿâπ “¡—≠ ∫√‘…—∑¬àÕ¬´◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑ ∫√‘…—∑¬àÕ¬¢“¬Àÿâπ “¡—≠¢Õß∫√‘…—∑ à«π‡°‘π¡Ÿ≈§à“Àÿâπ - Àÿâπ¢Õß∫√‘…—∑ ∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬ ‡ß‘πªíπº≈ ¬Õ¥§ß‡À≈◊Õª≈“¬ß«¥ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545

√«¡

300,900,000

996,350,000

(ª√—∫ª√ÿß„À¡à) (ª√—∫ª√ÿß„À¡à) (ª√—∫ª√ÿß„À¡à) (ª√—∫ª√ÿß„À¡à) (ª√—∫ª√ÿß„À¡à) 45,000,000 300,303,242 38,853,564 1,681,406,806

300,900,000 1,400,000 -

996,350,000 2,100,000 -

45,000,000 -

196,071 (1,621,606) 300,499,313 (1,621,606) 3,233,185 (24,060,265)

10,335 (1,415,200) 38,863,899 1,679,991,606 5,550,660 8,783,845 1,400,000 2,100,000 (3,004,200) (3,004,200) (24,060,265)

302,300,000

998,450,000

45,000,000

303,732,498 (25,681,871)

41,410,359 1,665,210,986

302,300,000

998,450,000

45,000,000

302,744,804

41,113,188 1,689,607,992

7,229,079 (25,681,871)

10.2

302,300,000 5,970,000 -

998,450,000 8,955,000 -

45,000,000 -

(6,241,385) 303,732,498 (25,681,871) 148,040,189 (17,613,511) 20,413,583

308,270,000 1,007,405,000

45,000,000

Annual Report 2002

451,772,687 (22,881,799)

KCE ELECTRONICS PCL

297,171

(18,155,621)

(6,241,385) 41,410,359 1,665,210,986 7,036,302 155,076,491 5,970,000 8,955,000 (17,613,511) 20,413,583

4,147,798 -

(7,009,800)

4,147,798 (7,009,800)

4,147,798

41,436,861 1,835,150,547

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡

Àπà«¬ : ∫“∑

À¡“¬‡Àµÿ ¢âÕ ¬Õ¥§ß‡À≈◊Õµâπß«¥ ≥ «—π∑’Ë 1 ¡°√“§¡ 2544 º≈ – ¡®“°°“√‡ª≈’Ë¬π·ª≈ß π‚¬∫“¬°“√∫—≠™’ 5 ¬Õ¥¬°¡“À≈—ß°“√ª√—∫ª√ÿß °”‰√ ÿ∑∏‘ Àÿâπ “¡—≠ à«π‡°‘π¡Ÿ≈§à“Àÿâπ “¡—≠ ¬Õ¥§ß‡À≈◊Õª≈“¬ß«¥ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 ¬Õ¥§ß‡À≈◊Õµâπß«¥ ≥ «—π∑’Ë 1 ¡°√“§¡ 2545 º≈ – ¡®“°°“√‡ª≈’Ë¬π·ª≈ß π‚¬∫“¬°“√∫—≠™’ 5 º≈ – ¡®“°°“√·°â ‰¢¢âÕº‘¥æ≈“¥ ∑“ß∫—≠™’ 10.2 ¬Õ¥¬°¡“À≈—ß°“√ª√—∫ª√ÿß °”‰√ ÿ∑∏‘ Àÿâπ “¡—≠ à«π‡°‘π¡Ÿ≈§à“Àÿâπ “¡—≠ ¬Õ¥§ß‡À≈◊Õª≈“¬ß«¥ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ à«π‡°‘π °”‰√ – ¡ √«¡ ¡Ÿ≈§à“Àÿâπ “¡—≠ ®—¥ √√·≈â« ¬—ß‰¡à ‰¥â®¥— √√ ª√—∫ª√ÿß„À¡à ª√—∫ª√ÿß„À¡à

∑ÿπ∑’ËÕÕ° ·≈– ™”√–·≈â« 300,900,000

996,350,000

45,000,000

300,303,242 1,642,553,242

300,900,000 1,400,000 -

996,350,000 2,100,000

45,000,000 -

196,071 196,071 300,499,313 1,642,749,313 3,233,185 3,233,185 1,400,000 2,100,000

302,300,000

998,450,000

45,000,000

303,732,498 1,649,482,498

302,300,000

998,450,000

45,000,000

302,744,804 1,648,494,804

302,300,000 5,970,000 -

998,450,000 8,955,000

45,000,000 -

(6,241,385) (6,241,385) 303,732,498 1,649,482,498 148,040,189 148,040,189 5,970,000 8,955,000

308,270,000 1,007,405,000

45,000,000

451,772,687 1,812,447,687

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π‡ªìπ à«πÀπ÷Ëß¢Õßß∫°“√‡ß‘ππ’È √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

7,229,079

ß∫°√–· ‡ß‘π ¥ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡

Àπà«¬ : ∫“∑

ß∫°“√‡ß‘π√«¡ 2544 2545 ª√—∫ª√ÿß„À¡à

À¡“¬‡Àµÿ ¢âÕ °√–· ‡ß‘π ¥®“°°‘®°√√¡¥”‡π‘πß“π °”‰√ ÿ∑∏‘ ∫«° (À—°) √“¬°“√ª√—∫ª√ÿß‡æ◊ËÕ°√–∑∫¬Õ¥ °”‰√ ÿ∑∏‘‡ªìπ‡ß‘π ¥ ÿ∑∏‘ à«π·∫àß (°”‰√) ¢“¥∑ÿπ®“°‡ß‘π≈ß∑ÿπ µ“¡«‘∏’ à«π‰¥â‡ ’¬¢Õß∫√‘…—∑¬àÕ¬ à«π·∫àß (°”‰√) ¢“¥∑ÿπ®“°‡ß‘π≈ß∑ÿπ µ“¡«‘∏’ à«π‰¥â‡ ’¬¢Õß∫√‘…—∑√à«¡ §à“‡ ◊ÕË ¡√“§“ §à“§«“¡π‘¬¡µ—¥®”Àπà“¬ Àπ’È ß —¬®– Ÿ≠ Àπ’È Ÿ≠ (‚Õπ°≈—∫) §à“‡º◊ËÕ°“√≈¥¡Ÿ≈§à“ ‘π§â“§ß‡À≈◊Õ ¢“¥∑ÿπ®“°Õ—µ√“·≈°‡ª≈’Ë¬π °”‰√®“°°“√¢“¬ ‘π∑√—æ¬å∂“«√ ¢“¥∑ÿπ®“°°“√µ—¥®”Àπà“¬ ‘π∑√—æ¬å∂“«√ à«π¢ÕßºŸâ∂◊ÕÀÿâπ à«ππâÕ¬„π°”‰√ ÿ∑∏‘ ¢Õß∫√‘…—∑¬àÕ¬ §à“µ—¥®”Àπà“¬ à«π≈¥®“°°“√∑” —≠≠“´◊ÈÕ¢“¬ ‡ß‘πµ√“µà“ßª√–‡∑»≈à«ßÀπâ“ ¢“¥∑ÿπ®“°°“√µ—¥®”Àπà“¬¿“…’∂Ÿ°À—° ≥ ∑’Ë®à“¬ °”‰√®“°°“√µ—¥®”Àπà“¬‡®â“Àπ’È°“√§â“ ¥Õ°‡∫’È¬√—∫®“°∫√‘…—∑√à«¡ ¢“¥∑ÿπ®“°°“√µ—¥®”Àπà“¬ ‘π§â“§ß‡À≈◊Õ °”‰√®“°°“√¥”‡π‘πß“π°àÕπ°“√‡ª≈’Ë¬π·ª≈ß „π ‘π∑√—æ¬å·≈–Àπ’È ‘π¥”‡π‘πß“π

148,040,189

(1,680,415) 302,581,775 6,030,107 29,000,592 2,890 757,333 21,214,874 (6,398,983) 202,784

Annual Report 2002

3,233,185

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2544 2545 ª√—∫ª√ÿß„À¡à 148,040,189

3,233,185

(128,367,396)

122,286,349

5,006,842 (1,680,415) 270,278,388 104,521,323 6,030,107 29,942,634 29,000,592 (1,305,886) 3,509,317 7,631,648 4,888,677 (9,657,830) (5,999,947) 3,853,992 145,866

5,006,842 105,778,137 29,942,634 (1,345,351) 1,915,591 (7,172,399) 2,108,378

7,036,302

5,550,660

(37,477) 13,855 (5,450,873) (29,942,635) 14,939,895

649,092 (3,594,563) (29,942,634) 12,589,070

13,855 (5,450,873) (29,942,635) 14,939,895

(3,533,267) (29,942,634) 12,589,070

486,310,213

303,774,022

130,109,131

240,866,535

KCE ELECTRONICS PCL

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡

Àπà«¬ : ∫“∑

ß∫°“√‡ß‘π√«¡ 2544 2545 ª√—∫ª√ÿß„À¡à

À¡“¬‡Àµÿ ¢âÕ °√–· ‡ß‘π ¥®“°°‘®°√√¡¥”‡π‘πß“π (µàÕ) ‘π∑√—æ¬å¥”‡π‘πß“π (‡æ‘Ë¡) ≈¥ ≈Ÿ°Àπ’È°“√§â“ ≈Ÿ°Àπ’È°“√§â“∫√‘…—∑∑’Ë‡°’Ë¬«¢âÕß°—π ‘π§â“§ß‡À≈◊Õ ‡ß‘π„Àâ°Ÿâ¬◊¡√–¬– —Èπ·≈–‡ß‘π∑¥√Õß·°à°√√¡°“√ ·≈–°‘®°“√∑’Ë‡°’Ë¬«¢âÕß°—π ≈Ÿ°Àπ’È°√¡ √√æ“°√ §à“„™â®à“¬®à“¬≈à«ßÀπâ“ ≈Ÿ°Àπ’ÈÕ◊Ëπ ‘π∑√—æ¬åÀ¡ÿπ‡«’¬πÕ◊Ëπ ‡ß‘π¡—¥®” Àπ’È ‘π¥”‡π‘πß“π‡æ‘Ë¡¢÷Èπ (≈¥≈ß) ‡®â“Àπ’È°“√§â“ ‡®â“Àπ’È°“√§â“∫√‘…—∑∑’Ë‡°’Ë¬«¢âÕß°—π ‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ·≈–‡ß‘π∑¥√Õß ®“°∫√‘…—∑∑’Ë‡°’Ë¬«¢âÕß°—π ¿“…’‡ß‘π‰¥âπ‘µ‘∫ÿ§§≈§â“ß®à“¬ §à“„™â®à“¬§â“ß®à“¬ ¥Õ°‡∫’¬È §â“ß®à“¬ ‡®â“Àπ’ÕÈ π◊Ë Àπ’È ‘πÀ¡ÿπ‡«’¬πÕ◊Ëπ ‡ß‘π ¥ ÿ∑∏‘‰¥â¡“®“°°‘®°√√¡¥”‡π‘πß“π

255,593,825 (100,602,441) 55,854,729 2,061,318 198,080,334 44,818,860

(331,696,309) (48,750,210) (82,352,840)

√“¬ß“πª√–®”ªï 2545

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2544 2545 ª√—∫ª√ÿß„À¡à

207,272,161 72,996,615 114,716,190

742,267 285,103 (7,746,806) 4,441,230 (2,904,304) (4,680,790)

15,905,354 (1,621,488) (15,246,745) 1,766,255 879,893

(305,489) 996,680 (3,962,682) (492,394) (1,818,394) (681,000)

(22,678) 3,939,464 (813,229) 708,172 101,681 (179,887)

236,545,976 51,818,430

(210,784,988) (34,484,057)

37,635,126 51,715,136

(110,665,681) (67,922,664)

256,531 (515,721) 18,965,018 (1,798,988) 19,776,230 3,151,641 341,846,671

(109,927) (52,468) (14,673,281) (58,842,364) 5,140,250 (11,927,843) (464,813) 2,877,158 (2,534,401) 466,586 484,506,476 164,563,406

(61,580,950) (32,531,757) (2,396,055) (302,963) 364,184,954

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

ß∫°√–· ‡ß‘π ¥ (µàÕ) ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡

Àπà«¬ : ∫“∑

ß∫°“√‡ß‘π√«¡ 2544 2545 ª√—∫ª√ÿß„À¡à

À¡“¬‡Àµÿ ¢âÕ °√–· ‡ß‘π ¥®“°°‘®°√√¡≈ß∑ÿπ ‡ß‘πΩ“°∏π“§“√ª√–‡¿∑‡ß‘πΩ“°ª√–®” (‡æ‘Ë¡¢÷Èπ) ≈¥≈ß ‡ß‘π ¥√—∫®“°°“√¢“¬ ‘π∑√—æ¬å∂“«√ ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬‡æ‘Ë¡¢÷Èπ ‡ß‘π ¥®à“¬®“°°“√´◊ÈÕ ‘π∑√—æ¬å∂“«√ ‡ß‘πªíπº≈√—∫ ‡ß‘π ¥√—∫®“°°“√¢“¬‡ß‘π≈ß∑ÿπ„π∫√‘…—∑Õ◊Ëπ ‡ß‘π ¥ ÿ∑∏‘„™â ‰ª„π°‘®°√√¡≈ß∑ÿπ °√–· ‡ß‘π ¥®“°°‘®°√√¡®—¥À“‡ß‘π ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡ ®“° ∂“∫—π°“√‡ß‘π‡æ‘Ë¡¢÷Èπ (≈¥≈ß) ‡ß‘π°Ÿâ¬◊¡√–¬–¬“«‡æ‘Ë¡¢÷Èπ (≈¥≈ß) Àÿâπ¢Õß∫√‘…—∑∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬‡æ‘Ë¡¢÷Èπ ‡ß‘π ¥√—∫®“°°“√¢“¬Àÿâπ¢Õß∫√‘…—∑∑’Ë∂◊Õ ‚¥¬∫√‘…—∑¬àÕ¬ ‡ß‘π ¥√—∫®“°°“√„™â ‘∑∏‘¢Õß„∫ ”§—≠· ¥ß ‘∑∏‘ ‡ß‘πªíπº≈®à“¬¢Õß∫√‘…—∑¬àÕ¬„Àâ°—∫ à«π¢ÕßºŸâ∂◊ÕÀÿâπ à«ππâÕ¬ ‡ß‘π ¥ ÿ∑∏‘‰¥â¡“®“° („™â ‰ª„π) °‘®°√√¡®—¥À“‡ß‘π ‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥‡æ‘Ë¡¢÷Èπ (≈¥≈ß)- ÿ∑∏‘ ‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ ≥ «—π∑’Ë 1 ¡°√“§¡ ‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ ≥ «—π∑’Ë 31 ∏—π«“§¡

(3,046) 10,964,954 (718,011,854) (589,169,681) 47 (707,796,354) (578,207,726) 334,664 9,880,836

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2544 2545 ª√—∫ª√ÿß„À¡à

334,664 (3,046) 28,917,325 11,372,565 (300,000,000) (124,611,283) (134,698,936) 132,990,200 56,995,800 47 (262,369,094) (66,333,570)

112,224,176 (825,311,174) 182,728,333 (113,405,511) 281,097,161 1,020,472,904 (123,394,640) (173,161,358) (17,613,511) (24,060,265) -

6.2

24,561,381 12,725,000

5,700,000

12,725,000

(7,009,800)

(3,004,200)

405,984,407

173,797,265

72,058,693

(280,866,869)

40,034,724

80,096,015

(25,746,995)

16,984,515

329,624,339

249,528,324

169,966,635

152,982,120

369,659,063

329,624,339

144,219,640

169,966,635

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π‡ªìπ à«πÀπ÷Ëß¢Õßß∫°“√‡ß‘ππ’È Annual Report 2002

KCE ELECTRONICS PCL

5,700,000

À¡“¬‡Àµÿª√–°Õ∫ß∫°“√‡ß‘π ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ·≈–∫√‘…—∑¬àÕ¬

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544

1. §«“¡º—πº«π∑“ß‡»√…∞°‘®„π¿Ÿ¡‘¿“§‡Õ‡™’¬·ª´‘øî° ª√–‡∑»‰∑¬·≈–ª√–‡∑»„π¿Ÿ¡¿‘ “§‡Õ‡™’¬·ª´‘ø°î À≈“¬ª√–‡∑»‰¥âª√– ∫ªí≠À“∑“ß‡»√…∞°‘® ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“– ¢Õß∫√‘…∑— π’È ‰¥â√«¡º≈°√–∑∫¢Õß ∂“π°“√≥å∑“ß‡»√…∞°‘®∑’¡Ë µ’ Õà ∞“π–°“√‡ß‘π¢Õß∫√‘…∑— ·≈–∫√‘…∑— ¬àÕ¬µ“¡∑’ºË ∫Ÿâ √‘À“√‰¥âª√–‡¡‘π‰«â·≈â«

2. °“√¥”‡π‘πß“π¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ ∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π) ‡ªìπ∫√‘…—∑∑’Ë®¥∑–‡∫’¬π„πµ≈“¥À≈—°∑√—æ¬å·Ààßª√–‡∑»‰∑¬ ‚¥¬¡’ ”π—°ß“π„À≠à·≈– ‚√ßß“πÕ¬Ÿà∑’Ë 125 - 125/1, 1 À¡Ÿà 4 π‘§¡Õÿµ “À°√√¡≈“¥°√–∫—ß ·¢«ß≈”ª≈“∑‘« ‡¢µ≈“¥°√–∫—ß °√ÿß‡∑æ¡À“π§√ ∫√‘…—∑ª√–°Õ∫∏ÿ√°‘® º≈‘µ·≈–®”Àπà“¬º≈‘µ¿—≥±å·ºß«ß®√Õ‘‡≈Á°∑√Õπ‘° å ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑¡’æπ—°ß“π∑—Èß ‘Èπ 763 §π ·≈– 788 §π µ“¡≈”¥—∫ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ´÷Ëß‡ªìπ∫√‘…—∑¬àÕ¬ ‡ªìπ∫√‘…—∑®¥∑–‡∫’¬π„πª√–‡∑»‰∑¬ ¡’ ∂“πª√–°Õ∫°“√®¥∑–‡∫’¬π µ—ÈßÕ¬Ÿà∑’Ë 677 À¡Ÿà 4 ‡¢µÕÿµ “À°√√¡ àßÕÕ° π‘§¡Õÿµ “À°√√¡∫“ßªŸ ∂ππ ÿ¢ÿ¡«‘∑ µ”∫≈·æ√°…“ Õ”‡¿Õ‡¡◊Õß ®—ßÀ«—¥ ¡ÿ∑√ª√“°“√ «—µ∂ÿª√– ß§åÀ≈—°¢Õß∫√‘…—∑¬àÕ¬§◊Õ º≈‘µ·≈–®”Àπà“¬·ºß«ß®√Õ‘‡≈Á°∑√Õπ‘° å ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑¬àÕ¬ ¡’®”π«πæπ—°ß“π∑—ÈßÀ¡¥ 577 §π ·≈– 586 §π µ“¡≈”¥—∫ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ´÷Ëß‡ªìπ∫√‘…—∑¬àÕ¬ ‡ªìπ∫√‘…—∑®¥∑–‡∫’¬π„πª√–‡∑»‰∑¬ ¡’ ∂“πª√–°Õ∫°“√ ®¥∑–‡∫’¬πµ—ßÈ Õ¬Ÿ∑à ’Ë 115/2 À¡Ÿà 4 ‡¢µÕÿµ “À°√√¡ àßÕÕ° π‘§¡Õÿµ “À°√√¡≈“¥°√–∫—ß ·¢«ß≈”ª≈“∑‘« ‡¢µ≈“¥°√–∫—ß °√ÿß‡∑æ¡À“π§√ «—µ∂ÿª√– ß§åÀ≈—°¢Õß∫√‘…—∑¬àÕ¬§◊Õ º≈‘µ·≈–®”Àπà“¬æ√’‡æ°·≈–≈“¡‘‡πµ „Àâ°—∫∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ Õß·Ààß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ·≈– ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑¬àÕ¬¡’®”π«πæπ—°ß“π∑—ÈßÀ¡¥ 139 §π ·≈– 150 §π µ“¡≈”¥—∫ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ´÷Ëß‡ªìπ∫√‘…—∑¬àÕ¬ ‡ªìπ∫√‘…—∑®¥∑–‡∫’¬π„πª√–‡∑»‰∑¬ ¡’ ∂“πª√–°Õ∫°“√®¥∑–‡∫’¬πµ—ÈßÕ¬Ÿà∑’Ë 117 À¡Ÿà 1 π‘§¡Õÿµ “À°√√¡‰Œ‡∑§ µ”∫≈∫â“π‡≈π Õ”‡¿Õ∫“ßª–Õ‘π ®—ßÀ«—¥æ√–π§√»√’Õ¬ÿ∏¬“ «—µ∂ÿª√– ß§åÀ≈—°¢Õß∫√‘…—∑¬àÕ¬§◊Õ º≈‘µ·≈–®”Àπà“¬·ºß«ß®√Õ‘‡≈Á°∑√Õπ‘° å ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑¬àÕ¬¡’æπ—°ß“π∑—ÈßÀ¡¥ 789 §π ·≈– 482 §π µ“¡≈”¥—∫ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬¡’§à“„™â®à“¬æπ—°ß“π„πß∫°“√‡ß‘π√«¡ ‡ªìπ®”π«π∑—Èß ‘Èπ 501 ≈â“π∫“∑ ·≈– 468 ≈â“π∫“∑ µ“¡≈”¥—∫ ·≈–„πß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑‡ªìπ®”π«π∑—Èß ‘Èπ 225 ≈â“π∫“∑ ·≈– 241 ≈â“π∫“∑ µ“¡≈”¥—∫

3. ‡°≥±å°“√‡ πÕß∫°“√‡ß‘π 3.1 √“¬°“√¬àÕ„πß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…∑— ”À√—∫ªï π‘È ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ‰¥â®¥— ∑”¢÷πÈ µ“¡ª√–°“» ¢Õß°√¡∑–‡∫’¬π°“√§â“≈ß«—π∑’Ë 14 °—π¬“¬π 2544 ‡√◊ËÕß °”Àπ¥√“¬°“√¬àÕ∑’ËµâÕß¡’„πß∫°“√‡ß‘π æ.». 2544 ·≈–ß∫°“√‡ß‘π√«¡·≈–ß∫ °“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 ‰¥â¡’°“√®—¥ª√–‡¿∑√“¬°“√„À¡à ‡æ◊ËÕ„Àâ Õ¥§≈âÕß°—∫√“¬°“√¬àÕ¢Õß ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ∫√‘…∑— ®—¥∑”ß∫°“√‡ß‘πµ“¡°ÆÀ¡“¬‡ªìπ¿“…“‰∑¬µ“¡¡“µ√∞“π°“√∫—≠™’·≈–«‘∏ª’ Ø‘∫µ— ∑‘ “ß°“√∫—≠™’∑√’Ë ∫— √Õß∑—«Ë ‰ª„πª√–‡∑»‰∑¬ 3.2 ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑‰¥â√«¡√“¬°“√∫—≠™’¢Õß∫√‘…—∑¬àÕ¬ 3 ∫√‘…—∑ ·≈–∫√‘…—∑√à«¡ 2 ∫√‘…—∑ √“¬°“√·≈–¬Õ¥§ß‡À≈◊Õ√–À«à“ß°—π∑’Ë ”§—≠‰¥âµ—¥∫—≠™’·≈â« °“√∂◊ÕÀÿâπ„π∫√‘…—∑¬àÕ¬¡’¥—ßπ’È

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

Õ—µ√“°“√∂◊ÕÀÿâπ √âÕ¬≈– 2545 2544 94.99 94.99

∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ (∂◊ÕÀÿâπ‚¥¬∑“ßµ√ß·≈–∑“ßÕâÕ¡) ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥

97.63 100.00

4. π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠ 4.1 √“¬‰¥â ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬√—∫√Ÿâ√“¬‰¥â‡¡◊ËÕ¡’°“√ àß ‘π§â“·≈–°√√¡ ‘∑∏‘Ï„π ‘π§â“‰¥â‚Õπ„Àâ·°àºŸâ´◊ÈÕ·≈â« 4.2 §à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ §à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠§”π«≥®“°®”π«πÀπ’È∑’Ë§“¥«à“®–‡√’¬°‡°Á∫‡ß‘π‰¡à ‰¥â 4.3 ‘π§â“§ß‡À≈◊Õ ‘π§â“§ß‡À≈◊Õ· ¥ß„π√“§“∑ÿπÀ√◊Õ¡Ÿ≈§à“ ÿ∑∏‘∑’Ë®–‰¥â√—∫·≈â«·µà√“§“„¥®–µË”°«à“ √“§“∑ÿπ§”π«≥‚¥¬«‘∏’‡¢â“°àÕπ-ÕÕ°°àÕπ µâπ∑ÿπ¢Õß ‘π§â“ ”‡√Á®√Ÿª·≈–ß“π√–À«à“ß∑”§”π«≥®“°§à“«—µ∂ÿ¥‘∫ §à“·√ß·≈–§à“‚ Àÿâ¬°“√º≈‘µ ¡Ÿ≈§à“ ÿ∑∏‘∑’Ë®–‰¥â√—∫¢Õß ‘π§â“ª√–¡“≥®“°√“§“∑’Ë§“¥«à“®–¢“¬‰¥âµ“¡ª°µ‘¢Õß∏ÿ√°‘®À—°¥â«¬§à“„™â®à“¬„π°“√¢“¬ ‘π§â“π—Èπ 4.4 ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬ ∫√‘…—∑√à«¡·≈–∫√‘…—∑Õ◊Ëπ ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡· ¥ßµ“¡«‘∏’ à«π‰¥â‡ ’¬ ¬°‡«âπ°√≥’∑’Ë‡°‘¥°“√¥âÕ¬§à“¢Õß‡ß‘π≈ß∑ÿπ®–√—∫√Ÿâº≈¢“¥∑ÿπ „πß∫°”‰√¢“¥∑ÿπ À≈—°∑√—æ¬å‡æ◊ËÕ§â“ §◊Õ À≈—°∑√—æ¬å∑’Ë∂◊Õ‰«â„π√–¬– —Èπ ·≈–· ¥ßµ“¡¡Ÿ≈§à“¬ÿµ‘∏√√¡ °”‰√À√◊Õ¢“¥∑ÿπ®“°°“√‡ª≈’Ë¬π·ª≈ß „π¡Ÿ≈§à“¬ÿµ‘∏√√¡√—∫√Ÿâ‡ªìπ√“¬‰¥âÀ√◊Õ§à“„™â®à“¬„πß∫°”‰√¢“¥∑ÿπ À≈—°∑√—æ¬å‡º◊ÕË ¢“¬· ¥ßµ“¡¡Ÿ≈§à“¬ÿµ∏‘ √√¡ °”‰√À√◊Õ¢“¥∑ÿπ®“°°“√‡ª≈’¬Ë π·ª≈ß„π¡Ÿ≈§à“¬ÿµ∏‘ √√¡√—∫√Ÿâ„π à«π¢ÕßºŸ∂â Õ◊ Àÿπâ Àÿâπ¢Õß∫√‘…—∑∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬· ¥ßµ“¡√“§“∑ÿπ ´÷Ëß· ¥ßÀ—°„π à«π¢ÕßºŸâ∂◊ÕÀÿâπ °”‰√À√◊Õ¢“¥∑ÿπ®“°°“√®”Àπà“¬√—∫√Ÿâ „π à«π¢ÕßºŸâ∂◊ÕÀÿâπ ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑Õ◊Ëπ‡ªìπÀ≈—°∑√—æ¬å‡æ◊ËÕ°“√≈ß∑ÿπ∑—Ë«‰ª· ¥ßµ“¡√“§“∑ÿπ 4.5 ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å ∑’Ë¥‘π· ¥ß„π√“§“∑ÿπ Õ“§“√·≈–Õÿª°√≥å· ¥ß„π√“§“∑ÿπÀ—°§à“‡ ◊ËÕ¡√“§“ – ¡ §à“‡ ◊ËÕ¡√“§“§”π«≥‚¥¬„™â«‘∏’‡ âπµ√ßµ“¡Õ“¬ÿ°“√„™âß“π‚¥¬ª√–¡“≥¢Õß ‘π∑√—æ¬åµ“¡Õ—µ√“¥—ßπ’È Õ“§“√·≈–‚√ßß“π ‡§√◊ÕË ß®—°√·≈–Õÿª°√≥å ¬“πæ“Àπ– ‡§√◊ËÕßµ°·µàßµ‘¥µ—Èß·≈–Õÿª°√≥å ”π—°ß“π à«πª√—∫ª√ÿß‚√ßß“π·≈– ”π—°ß“π Annual Report 2002

20 - 25 10 - 20 5 5 - 10 5 - 25 46

KCE ELECTRONICS PCL

ªï ªï ªï ªï ªï

4.6 §à“§«“¡π‘¬¡ à«π¢Õß√“§“∑ÿπ∑’ Ë ßŸ °«à“√“§“µ“¡∫—≠™’¢Õß‡ß‘π≈ß∑ÿπ„π∫√‘…∑— ¬àÕ¬ ≥ «—π´◊ÕÈ Àÿπâ ∂◊Õ‡ªìπ§à“§«“¡π‘¬¡„π°“√√«¡°‘®°“√·≈– µ—¥®”Àπà“¬¿“¬„π 10 ªï 4.7 µâπ∑ÿπ‡§√◊ËÕß®—°√·≈–Õÿª°√≥å√–À«à“ßµ‘¥µ—Èß ¥Õ°‡∫’¬È ®à“¬‡ß‘π°Ÿ¬â ¡◊ ·≈–§à“„™â®“à ¬Õ◊πË ∑’‡Ë °’¬Ë «¢âÕß‚¥¬µ√ß°—∫ß“π√–À«à“ßµ‘¥µ—ßÈ ∫—π∑÷°‡ªìπµâπ∑ÿπ¢Õß‡§√◊ÕË ß®—°√·≈–Õÿª°√≥å √–À«à“ßµ‘¥µ—Èß¢Õß∫√‘…—∑¬àÕ¬ (∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ´÷ËßΩÉ“¬∫√‘À“√æ‘®“√≥“·≈â««à“‡ªìπµâπ∑ÿπ∑’Ë‡°’Ë¬«¢âÕß°—π‚¥¬µ√ß°—∫ ‡§√◊ËÕß®—°√·≈–Õÿª°√≥å√–À«à“ßµ‘¥µ—ÈßÀ√◊Õ∑”„Àâ ‘π∑√—æ¬åπ—Èπæ√âÕ¡∑’Ë®–„™âß“π‰¥â 4.8 √“¬°“√∑’Ë‡ªìπ‡ß‘πµ√“µà“ßª√–‡∑» ‘π∑√—æ¬å·≈–Àπ’ È π‘ ∑’‡Ë ªìπ‡ß‘πµ√“µà“ßª√–‡∑»·ª≈ß§à“‡ªìπ‡ß‘π∫“∑ ‚¥¬„™âÕµ— √“·≈°‡ª≈’¬Ë π ≥ «—π∑’‡Ë °‘¥√“¬°“√ ¬Õ¥§ß‡À≈◊Õ ¢Õß ‘π∑√—æ¬å ·≈–Àπ’È ‘π∑’Ë‡ªìπ‡ß‘πµ√“µà“ßª√–‡∑» ·≈– —≠≠“´◊ÈÕ¢“¬‡ß‘πµ√“µà“ßª√–‡∑»≈à«ßÀπâ“ ≥ «—π ‘Èπªï·ª≈ß§à“‡ªìπ‡ß‘π∫“∑ ‚¥¬ „™âÕ—µ√“Õâ“ßÕ‘ß¢Õß∏π“§“√·Ààßª√–‡∑»‰∑¬ ≥ «—ππ—Èπ °”‰√À√◊Õ¢“¥∑ÿπ®“°Õ—µ√“·≈°‡ª≈’Ë¬π√—∫√Ÿâ‡ªìπ√“¬‰¥âÀ√◊Õ§à“„™â®à“¬„πß∫°”‰√¢“¥∑ÿπ 4.9 —≠≠“´◊ÈÕ¢“¬‡ß‘πµ√“µà“ßª√–‡∑»≈à«ßÀπâ“ ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬‰¥â∑” —≠≠“´◊ÈÕ¢“¬‡ß‘πµ√“µà“ßª√–‡∑»≈à«ßÀπâ“ „π°“√∫√‘À“√§«“¡‡ ’Ë¬ß¢Õß ‘π∑√—æ¬å·≈–Àπ’È ‘π ∑’Ë‡°‘¥®“°§«“¡‡ª≈’Ë¬π·ª≈ß¢ÕßÕ—µ√“·≈°‡ª≈’Ë¬π‡ß‘πµ√“µà“ßª√–‡∑» à«πµà“ß¢ÕßÕ—µ√“·≈°‡ª≈’Ë¬π®“° —≠≠“´◊ÈÕ¢“¬‡ß‘πµ√“≈à«ßÀπâ“∑’Ë¬—ß‰¡à§√∫°”Àπ¥ ‡ªìπº≈µà“ß¢ÕßÕ—µ√“·≈°‡ª≈’Ë¬π ·∫∫∑—π∑’„π —≠≠“´◊ÈÕ¢“¬‡ß‘πµ√“µà“ßª√–‡∑»≈à«ßÀπâ“°—∫Õ—µ√“·≈°‡ª≈’Ë¬πÕâ“ßÕ‘ß ≥ «—π ‘Èπªï¢Õß∏π“§“√·Ààßª√–‡∑»‰∑¬ ·≈–∫—π∑÷° ‡ªìπ√“¬‰¥âÀ√◊Õ§à“„™â®à“¬„πªï º≈µà“ß√–À«à“ßÕ—µ√“·≈°‡ª≈’Ë¬π„π —≠≠“´◊ÈÕ¢“¬‡ß‘πµ√“µà“ßª√–‡∑»≈à«ßÀπâ“°—∫Õ—µ√“·≈°‡ª≈’Ë¬π∑—π∑’ ≥ «—π∑” —≠≠“ ≈à«ßÀπâ“π”¡“‡©≈’Ë¬√—∫√Ÿâ‡ªìπ√“¬‰¥âÀ√◊Õ§à“„™â®à“¬µ“¡Õ“¬ÿ¢Õß —≠≠“ 4.10 ¿“…’‡ß‘π‰¥â §à“¿“…’‡ß‘π‰¥â∫—π∑÷°µ“¡®”π«π∑’Ë®à“¬·≈–∑’Ë ‰¥âµ—Èß§â“ß®à“¬‰«â ”À√—∫ªï 4.11 °”‰√µàÕÀÿπâ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 °”‰√µàÕÀÿâπ¢—Èπæ◊Èπ∞“π§”π«≥®“°°“√À“√°”‰√ ÿ∑∏‘¥â«¬®”π«πÀÿâπ “¡—≠ ∂—«‡©≈’Ë¬∂à«ßπÈ”Àπ—°¢ÕßÀÿâπ “¡—≠∑’ËÕÕ°√–À«à“ßªï °”‰√µàÕÀÿπâ ª√—∫≈¥§”π«≥‚¥¬ª√—∫®”π«πÀÿπâ “¡—≠∂—«‡©≈’¬Ë ∂à«ßπÈ”Àπ—°¥â«¬º≈°√–∑∫¢ÕßÀÿπâ “¡—≠‡∑’¬∫‡∑à“µ“¡¡“µ√∞“π °“√∫—≠™’©∫—∫∑’Ë 38 ‡√◊ËÕß °”‰√µàÕÀÿâπ (¥ŸÀ¡“¬‡Àµÿ¢âÕ 18) 4.12 °“√„™âª√–¡“≥°“√∑“ß∫—≠™’ „π°“√®—¥∑”ß∫°“√‡ß‘π‡æ◊ËÕ„Àâ‡ªìπ‰ªµ“¡À≈—°°“√∫—≠™’∑’Ë√—∫√Õß∑—Ë«‰ª ΩÉ“¬®—¥°“√¢Õß∫√‘…—∑µâÕß„™â°“√ª√–¡“≥·≈– ¢âÕ ¡¡µ‘∞“πÀ≈“¬ª√–°“√ ´÷Ëß¡’º≈°√–∑∫µàÕ®”π«π‡ß‘π∑’Ë‡°’Ë¬«°—∫ ‘π∑√—æ¬å Àπ’È ‘π √“¬‰¥â·≈–§à“„™â®à“¬ ·≈–°“√‡ªî¥‡º¬¢âÕ¡Ÿ≈‡°’Ë¬«°—∫ ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’ËÕ“®‡°‘¥¢÷Èπ ´÷Ëßº≈∑’Ë‡°‘¥¢÷Èπ®√‘ßÕ“®·µ°µà“ß‰ª®“°®”π«π∑’Ë ‰¥âª√–¡“≥‰«â

5. °“√‡ª≈’Ë¬π·ª≈ßπ‚¬∫“¬°“√∫—≠™’ „πªï 2545 ∫√‘…—∑‰¥â‡ª≈’Ë¬π«‘∏’°“√∫—≠™’ ”À√—∫Àÿâπ¢Õß∫√‘…—∑∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬ Õß·Ààß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ · ≈ – ∫√‘…∑— ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥) ®“°°“√∫—π∑÷°‡ªìπ‡ß‘π≈ß∑ÿπ„πÀ≈—°∑√—æ¬å™«—Ë §√“« ´÷ßË · ¥ß‡ªìπ ‘π∑√—æ¬å „πß∫¥ÿ≈√«¡ ¡“∫—π∑÷° √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

‡ªìπ∫—≠™’Àÿâπ¢Õß∫√‘…—∑∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬·≈–· ¥ßÀ—°„π à«π¢ÕßºŸâ∂◊ÕÀÿâπ ´÷Ëß‡ªìπ‰ªµ“¡À≈—°°“√∫—≠™’∑’Ë√—∫√Õß∑—Ë«‰ª ‚¥¬∫√‘…—∑ ‰¥âª√—∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 ∑’Ëπ”¡“· ¥ß‡ª√’¬∫‡∑’¬∫¬âÕπÀ≈—ß‡æ◊ËÕ· ¥ßº≈°√–∑∫¢Õß°“√„™â«‘∏’ªØ‘∫—µ‘∑“ß∫—≠™’„À¡à¥—ß°≈à“«·≈â« º≈°√–∑∫¢Õß°“√‡ª≈’Ë¬π·ª≈ß«‘∏’°“√∫—≠™’µàÕß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ¡’¥—ßπ’È

‡ß‘π≈ß∑ÿπ„πÀ≈—°∑√—æ¬å™—Ë«§√“« (≈¥≈ß) ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬‡æ‘Ë¡¢÷Èπ (≈¥≈ß) Àÿâπ¢Õß∫√‘…—∑∑’Ë∂◊Õ‚¥¬∫√‘…—∑¬àÕ¬‡æ‘Ë¡¢÷Èπ à«π‡°‘π¡Ÿ≈§à“Àÿâπ-Àÿâπ¢Õß∫√‘…—∑ ∑’∂Ë Õ◊ ‚¥¬∫√‘…∑— ¬àÕ¬‡æ‘¡Ë ¢÷πÈ °”‰√ – ¡‡æ‘Ë¡¢÷Èπ (≈¥≈ß) à«π¢ÕßºŸâ∂◊ÕÀÿâπ à«ππâÕ¬‡æ‘Ë¡¢÷Èπ (≈¥≈ß)

°”‰√ ÿ∑∏‘‡æ‘Ë¡¢÷Èπ (≈¥≈ß) °”‰√µàÕÀÿâπ‡æ‘Ë¡¢÷Èπ (≈¥≈ß) °”‰√µàÕÀÿâπª√—∫≈¥‡æ‘Ë¡¢÷Èπ (≈¥≈ß)

≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“– ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“– ¢Õß∫√‘…—∑ ¢Õß∫√‘…—∑ ∫“∑ ∫“∑ ∫“∑ ∫“∑ (20,454,140) (18,155,621) (1,697,639) 7,229,079 22,881,799 25,681,871 4,147,798 (1,697,639) (22,500)

(1,697,639) -

7,229,079 297,171

7,229,079 -

”À√—∫ªï ‘Èπ ÿ¥ ”À√—∫ªï ‘Èπ ÿ¥ «—π∑’Ë 31 ∏—π«“§¡ 2545 «—π∑’Ë 31 ∏—π«“§¡ 2544 ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“– ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“– ¢Õß∫√‘…—∑ ¢Õß∫√‘…—∑ ∫“∑ ∫“∑ ∫“∑ ∫“∑ (8,926,718) (8,926,718) 7,033,008 7,033,008 (0.29) (0.29) 0.23 0.23 (0.29) (0.29) 0.23 0.23

6. ¢âÕ¡Ÿ≈‡æ‘Ë¡‡µ‘¡‡°’Ë¬«°—∫°√–· ‡ß‘π ¥ 6.1 ‡ß‘π ¥∑’Ë®à“¬ ”À√—∫¥Õ°‡∫’È¬·≈–¿“…’‡ß‘π‰¥â ¡’¥—ßπ’È

¥Õ°‡∫’È¬ ¿“…’‡ß‘π‰¥â

ß∫°“√‡ß‘π√«¡ 2545 2544 ∫“∑ ∫“∑ 145,027,717 175,507,286 29,887,962 24,671,033 Annual Report 2002

KCE ELECTRONICS PCL

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2545 2544 ∫“∑ ∫“∑ 46,253,581 67,893,763 91,948 204,622

6.2 ‡ß‘π ¥·≈–√“¬°“√‡∑’¬∫‡∑à“‡ß‘π ¥ ª√–°Õ∫¥â«¬ ß∫°“√‡ß‘π√«¡ 2545 2544 ∫“∑ ∫“∑ 369,659,063 329,624,339 334,664

‡ß‘π ¥·≈–‡ß‘πΩ“°∏π“§“√ ‡ß‘π≈ß∑ÿπ√–¬– —Èπ À—° ‡ß‘πΩ“°´÷Ëß¡’°”Àπ¥‡«≈“ ‡°‘π°«à“ 3 ‡¥◊Õπ

369,659,063

(334,664) 329,624,339

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2545 2544 ∫“∑ ∫“∑ 144,219,640 169,966,635 334,664 144,219,640

(334,664) 169,966,635

6.3 √“¬°“√∑’Ë ‰¡à‡°’Ë¬«¢âÕß°—∫‡ß‘π ¥∑’Ë ”§—≠ ¡’¥—ßπ’È 6.3.1 √“¬°“√°‘®°√√¡≈ß∑ÿπ ´÷Ëß‰¡à ‰¥â· ¥ß„πß∫°√–· ‡ß‘π ¥ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ¡’¥—ßπ’È

∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å ≈Ÿ°Àπ’ÈÕ◊Ëπ°‘®°“√∑’Ë‡°’Ë¬«¢âÕß°—π ∫«° (À—°) ‡ß‘π¡—¥®”‚Õπ‡ªìπ ‘π∑√—æ¬å∂“«√ ‡®â“Àπ’ÈÕ◊Ëπ®“°°“√´◊ÈÕ ‘π∑√—æ¬å∂“«√ ‡®â“Àπ’ÈÕ◊Ëπ®“°°“√´◊ÈÕ ‘π∑√—æ¬å∂“«√ °‘®°“√∑’Ë‡°’Ë¬«¢âÕß°—π §à“„™â®à“¬§â“ß®à“¬ ¢“¥∑ÿπ®“°Õ—µ√“·≈°‡ª≈’Ë¬π √“¬°“√ª√—∫ª√ÿß ‘π∑√—æ¬å∂“«√‚Õπ‡ªìπ ‘π§â“§ß‡À≈◊Õ ‘π∑√—æ¬å∂“«√‚Õπ‡ªìπ ‘π∑√—æ¬åÀ¡ÿπ‡«’¬π

ß∫°“√‡ß‘π√«¡ 2545 2544 ∫“∑ ∫“∑ 220,087,339 52,561,582 (2,597,500) (13,436,673) (205,657,589) (61,853,296) (189,837) (803,240) -

√“¬ß“πª√–®”ªï 2545

(2,428,165) 13,105,567 684,585 527,227 -

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2545 2544 ∫“∑ ∫“∑ 60,393,702 876,344 1,846,984 (3,197,500) (13,436,673) (47,805,936) 1,721,156 (194,837) (803,240) -

600,000 -

6.3.2 √“¬°“√°‘®°√√¡®—¥À“‡ß‘π ´÷Ëß‰¡à ‰¥â· ¥ß„πß∫°√–· ‡ß‘π ¥ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ¡’¥—ßπ’È ß∫°“√‡ß‘π√«¡ 2545 2544 ∫“∑ ∫“∑ 880,000 1,320,000 (2,200,000) -

Àÿâπ “¡—≠ à«π‡°‘π¡Ÿ≈§à“Àÿâπ “¡—≠ À—° ‡ß‘π√—∫≈à«ßÀπâ“§à“Àÿâπ

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2545 2544 ∫“∑ ∫“∑ 880,000 1,320,000 (2,200,000) -

7. π‚¬∫“¬°“√∫√‘À“√§«“¡‡ ’Ë¬ß ”À√—∫ ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’ËÕ¬Ÿà „π√Ÿª‡ß‘πµ√“µà“ßª√–‡∑» 7.1 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ¡’π‚¬∫“¬°“√∫√‘À“√ ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’ËÕ¬Ÿà„π √Ÿª¢Õß‡ß‘πµ√“µà“ßª√–‡∑» ‚¥¬‡©æ“– °ÿ≈‡ß‘π¥Õ≈≈“√å À√—∞ ‡ß‘πªÕπ¥å ‡µÕ√å≈ß‘ ·≈–‡ß‘π¬Ÿ‚√ „Àâ π‘ ∑√—æ¬å·≈–Àπ’ È π‘ ¥—ß°≈à“«¡’ª√‘¡“≥ ·≈–‡ß◊ËÕπ‰¢∑’Ë ¡¥ÿ≈°—π‚¥¬‡πâπ„Àâ°“√√—∫-®à“¬ Õ¬Ÿà„π√–¬–‡«≈“„°≈â‡§’¬ß°—π ”À√—∫‡ß‘π °ÿ≈Õ◊ËπÊ ‰¡à¡’ “√– ”§—≠ 7.2 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬∑—ÈßÀ¡¥¡’π‚¬∫“¬„™â‡§√◊ËÕß¡◊Õ∑“ß°“√‡ß‘πÕ◊Ëπ ‡™àπ —≠≠“´◊ÈÕ¢“¬‡ß‘πµ√“µà“ßª√–‡∑»≈à«ßÀπâ“„π°“√ ªÑÕß°—π§«“¡‡ ’Ë¬ß´÷Ëß¢÷ÈπÕ¬Ÿà°—∫ ¿“«–µ≈“¥‡ß‘π

Annual Report 2002

KCE ELECTRONICS PCL

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

§à“π“¬Àπâ“§â“ß®à“¬

¥Õ≈≈“√å À√—∞ ¬Ÿ‚√ ªÕπ¥å ‡µÕ√å≈ß‘ ¥Õ≈≈“√å À√—∞ ¬Ÿ‚√ ªÕπ¥å ‡µÕ√å≈ß‘ ¡“√å°‡¬Õ√¡—π ¥Õ≈≈“√åŒàÕß°ß ¥Õ≈≈“√å ‘ß§‚ª√å ‡¬π ø√—ß°å «‘µ‡´Õ√å·≈π¥å °‘≈‡¥Õ√å ¥Õ≈≈“√å À√—∞ ‡¬π ¥Õ≈≈“√å À√—∞ ¬Ÿ‚√ ªÕπ¥å ‡µÕ√å≈ß‘ ¥Õ≈≈“√å ‘ß§‚ª√å ‡¬π ¥Õ≈≈“√å À√—∞ ¬Ÿ‚√ ¥Õ≈≈“√å À√—∞ ¥Õ≈≈“√å À√—∞ ¬Ÿ‚√ ªÕπ¥å ‡µÕ√å≈ß‘ ‡¬π ¥Õ≈≈“√å ‘ß§‚ª√å

°ÿ≈‡ß‘π

‡ß‘π°Ÿâ¬◊¡®“°∏π“§“√·≈– ∂“∫—π°“√‡ß‘π - à«π¢ÕßÀπ’È ‘π√–¬–¬“«∑’Ë∂÷ß °”Àπ¥™”√–¿“¬„π 1 ªï (¥ŸÀ¡“¬‡Àµÿ¢âÕ 13) ¬Ÿ‚√ - √–¬–¬“« (¥ŸÀ¡“¬‡Àµÿ¢âÕ 13) ¥Õ≈≈“√å À√—∞ ¬Ÿ‚√

60 - 120

30 - 120

‡®â“Àπ’ÈÕ◊Ëπµà“ßª√–‡∑»

√“¬‰¥â§â“ß√—∫ ‡ß‘π°Ÿâ¬◊¡®“°∏π“§“√·≈– ∂“∫—π°“√‡ß‘π - √–¬– —Èπ

30 - 120

‡®â“Àπ’È°“√§â“µà“ßª√–‡∑»

≈Ÿ°Àπ’ÈÕ◊Ëπµà“ßª√–‡∑»

30 - 120

≈Ÿ°Àπ’°È “√§â“µà“ßª√–‡∑»

‡ß◊ËÕπ‰¢°“√√—∫ (®à“¬) ™”√– «—π

Àπà«¬ : æ—π

(875) (11,300) -

14,540 7,895 729 (9,124) (915) (1) (96) (416) (81,778) (63) 27 480 (2,850) (1,499) (6) (10) (37,600) (170) (1) 146 (1,666) (805) (500) (74,795) (255) (39,466) (489,334) -

625,192 350,922 50,090 (397,380) (41,284) (49) (533) (10,404) (29,612) (1,965) 1,147 171 (123,426) (67,596) (413) (252) (13,615) (7,364) (31) 6,294 (72,153) (36,316) (34,798) (27,084) (6,391) -

7,643 2,730 261 (2,801) (334) (1) (48) (231) (21,362) 11 (281) (818) (6) (8) (43) (151) (500) (41,189) -

328,660 121,323 17,943 (121,273) (15,062) (49) (269) (5,768) (7,735) 492 (12,152) (36,913) (403) (195) (1,862) (6,531) (34,798) (14,915) (1,506) (875)

6,578 7,512 954 (4,741) (313) (1) (78) (157) (38,924) (32) (10) 362 (1,391) (225) (6) (1) (137) (1) (5,840) (506) (705) (22,440) (104) (59,283) (34,452)

289,999 291,142 60,781 (210,304) (12,305) (42) (1,575) (3,786) (13,198) (846) (41) 15,970 (41,685) (8,859) (393) (30) (6,085) (35) (259,043) (19,926) (45,488) (7,609) (2,501) (506) -

4,415 3,286 378 (2,178) (199) (1) (70) (77) (15,902) (7) (10) (136) (6) (79) (1) (231) (700) -

(19,909) -

194,638 127,329 24,090 (96,612) (7,842) (35) (1,418) (1,851) (5,392) (174) (41) (6,024) (374) (3,486) (35) (10,230) (45,157) -

2545 2544 ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ®”π«π‡ß‘π ®”π«π‡ß‘π ®”π«π‡ß‘π ®”π«π‡ß‘π ‡ß‘πµ√“µà“ß ∫“∑ ‡ß‘πµ√“µà“ß ∫“∑ ‡ß‘πµ√“µà“ß ∫“∑ ‡ß‘πµ√“µà“ß ∫“∑ ª√–‡∑» ª√–‡∑» ª√–‡∑» ª√–‡∑»

√“¬°“√ ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’Ë‡ªìπ‡ß‘πµ√“µà“ßª√–‡∑»¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ª√–°Õ∫¥â«¬

8. √“¬°“√ ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’Ë‡ªìπ‡ß‘πµ√“µà“ßª√–‡∑»∑’Ë¡’ “√– ”§—≠

„π√–À«à“ßªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬∑—ÈßÀ¡¥ ‰¥â∑” —≠≠“ªÑÕß°—π§«“¡‡ ’Ë¬ß ”À√—∫ ‘π∑√—æ¬å·≈–Àπ’È ‘π∑’Ë‡ªìπ‡ß‘πµ√“µà“ßª√–‡∑»∫“ß à«π

9. ‘π§â“§ß‡À≈◊Õ - ÿ∑∏‘ ‘π§â“§ß‡À≈◊Õ ª√–°Õ∫¥â«¬

‘π§â“ ”‡√Á®√Ÿª ß“π√–À«à“ß∑” «—µ∂ÿ¥‘∫ «— ¥ÿ ‘Èπ‡ª≈◊Õß Õ–‰À≈à·≈–Õÿª°√≥å ‘π§â“√–À«à“ß∑“ß À—° §à“‡º◊ËÕ°“√≈¥¡Ÿ≈§à“ ‘π§â“§ß‡À≈◊Õ

ß∫°“√‡ß‘π√«¡ 2545 2544 ∫“∑ ∫“∑ 130,599,754 104,928,112 127,995,480 148,610,189 128,407,315 110,968,439 155,528,079 130,800,082 109,408,145 93,006,925 30,784,795 26,996,877 682,723,568 615,310,624 (4,266,649) (3,509,317) 678,456,919 611,801,307

Annual Report 2002

KCE ELECTRONICS PCL

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2545 2544 ∫“∑ ∫“∑ 53,830,701 46,345,433 62,342,595 106,525,302 43,787,224 55,461,168 77,375,147 68,985,041 53,025,946 60,710,313 1,840,476 13,933,587 292,202,089 351,960,844 292,202,089 351,960,844

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡

∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥

∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥

∫√‘…∑— √à«¡

√«¡‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬

∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥

®”°—¥

∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å

PCB

´◊ÈÕ¡“¢“¬‰ª·ºàπ

PCB

97.63 99,999,910

*S$ 500,000 47.77

48.75

99,999,910

593,879,751 600,000,000

279,955,495

608,754,612 172,493,000

310,004,469

246,764,018

630,444,175

6,756,938

7,293,598

33,936,433 31,719,358

40,693,371 39,012,956

5,193,029

31,397,539

1,174,915,295 1,520,860,841 874,915,295 1,223,803,230

2,422,385

2,100,569

321,816

40,693,371 39,012,956 38,270,983

4,656,369

33,614,614

ß∫°“√‡ß‘π√«¡ 2545 2544 ‡ß‘π≈ß∑ÿπ ∫“∑ ∫“∑ (ª√—∫ª√ÿß„À¡à)

Àπà«¬ : ∫“∑ (¬°‡«âπ *)

36,590,568 2,422,385

2,100,569

321,816

1,172,492,910 1,482,589,858 872,492,910 1,187,212,662

900,000,000 100.00 900,000,000

190,000,000

100,000,000 94.993 172,493,000

´◊ÈÕ¡“¢“¬‰ª·ºàπ *US$ 50,000

º≈‘µ·ºàπ PCB

º≈‘µ·ºàπ≈“¡‘‡πµ

∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ º≈‘µ·ºàπ PCB

∫√‘…∑— ¬àÕ¬

™◊ÕË ∫√‘…∑—

2545 2544 —¥ à«π ‡ß‘π≈ß∑ÿπ ‡ß‘π≈ß∑ÿπ ª√–‡¿∑°‘®°“√ ∑ÿπ™”√–·≈â« ‡ß‘π≈ß∑ÿπ «‘∏’√“§“∑ÿπ «‘∏’ à«π‰¥â‡ ’¬ «‘∏’√“§“∑ÿπ «‘∏’ à«π‰¥â‡ ’¬ % ∫“∑ ∫“∑ ∫“∑ ∫“∑ (ª√—∫ª√ÿß„À¡à)

‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ ª√–°Õ∫¥â«¬ ‡ß‘π≈ß∑ÿπ„π∫√‘…—∑¬àÕ¬·≈–∫√‘…—∑√à«¡¥—ßπ’È

10. ‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«’∏’ à«π‰¥â‡ ’¬

10.1 à«π·∫àß°”‰√ (¢“¥∑ÿπ) ®“°‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬¢Õß∫√‘…—∑√à«¡ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 à«π·∫àß°”‰√ (¢“¥∑ÿπ) ®“°‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬¢Õß ∫√‘…—∑√à«¡ Õß·Ààß„πß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑§”π«≥®“°ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π‡¥’¬«°—πµ“¡≈”¥—∫ ‡¡◊ËÕ §‘¥‡ªìπ√âÕ¬≈–¢Õß°”‰√ (¢“¥∑ÿπ) ÿ∑∏‘ ·≈â«¡’¥—ßµàÕ‰ªπ’È 2545 Õ—µ√“°“√ ∂◊ÕÀÿâπ√âÕ¬≈– ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ (∂◊ÕÀÿâπ‚¥¬∑“ßµ√ß·≈–∑“ßÕâÕ¡) ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥ (∂◊ÕÀÿâπ‚¥¬∑“ßµ√ß·≈–∑“ßÕâÕ¡)

2544 √âÕ¬≈–¢Õß°”‰√ ®”π«π‡ß‘π (¢“¥∑ÿπ) ÿ∑∏‘ ∫“∑ (ª√—∫ª√ÿß„À¡à) (ª√—∫ª√ÿß„À¡à)

√âÕ¬≈–¢Õß°”‰√ ®”π«π‡ß‘π (¢“¥∑ÿπ) ÿ∑∏‘ ∫“∑

48.75

1.50

(142.01)

2,217,076

(4,591,620)

47.77

(0.36) (536,661) (12.84) (415,222) 1.14 1,680,415 (154.85) (5,006,842) à«π·∫àß°”‰√ (¢“¥∑ÿπ) ®“°‡ß‘π≈ß∑ÿπ´÷ßË ∫—π∑÷°‚¥¬«‘∏ ’ «à π‰¥â‡ ’¬¢Õß∫√‘…∑— √à«¡·ÀàßÀπ÷ßË (∫√‘…∑— ‡§´’Õ’ ‘ß§‚ª√å æ’∑Õ’ ’ ®”°—¥) ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 §”π«≥®“°ß∫°“√‡ß‘π¢Õß∫√‘…—∑√à«¡¥—ß°≈à“« ”À√—∫ªï ‘Èπ ÿ¥«—π‡¥’¬«°—π ´÷Ëß¬—ß‰¡à ‰¥â ºà“π°“√µ√«® Õ∫‚¥¬ºŸâ Õ∫∫—≠™’Õ◊Ëπ ‡π◊ËÕß®“°∫√‘…—∑√à«¡¥—ß°≈à“«Õ¬Ÿà„πµà“ßª√–‡∑» ·≈–‰¡àÕ¬Ÿà¿“¬„µâ°“√§«∫§ÿ¡¢ÕßΩÉ“¬∫√‘À“√ ∑’Ë®–„Àâ¡’°“√µ√«® Õ∫ß∫°“√‡ß‘π¥—ß°≈à“«‰¥â à«π·∫àß°”‰√ (¢“¥∑ÿπ) ®“°‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬¢Õß∫√‘…—∑√à«¡Õ’°·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥) ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 §”π«≥®“°ß∫°“√‡ß‘π¢Õß∫√‘…—∑√à«¡¥—ß°≈à“« ”À√—∫ªï ‘Èπ ÿ¥«—π‡¥’¬«°—π ´÷Ëß¬—ß‰¡à ‰¥âºà“π °“√µ√«® Õ∫‚¥¬ºŸâ Õ∫∫—≠™’Õ◊Ëπ ‡π◊ËÕß®“°∫√‘…—∑√à«¡¥—ß°≈à“«Õ¬Ÿà„πµà“ßª√–‡∑» ·≈–‰¡àÕ¬Ÿà¿“¬„µâ°“√§«∫§ÿ¡¢ÕßΩÉ“¬∫√‘À“√∑’Ë®–„Àâ¡’ °“√µ√«® Õ∫ß∫°“√‡ß‘π¥—ß°≈à“«‰¥â 10.2 ∫√‘…—∑‰¥âª√—∫ß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 ¬âÕπÀ≈—ß‡æ◊ËÕ· ¥ß º≈°√–∑∫¢Õß°“√·°â ‰¢¢âÕº‘¥æ≈“¥ ”À√—∫∫—≠™’ à«π·∫àß¢“¥∑ÿπ ÿ∑∏‘®“°‡ß‘π≈ß∑ÿπµ“¡«‘∏’ à«π‰¥â‡ ’¬¢Õß∫√‘…—∑√à«¡·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥) ®”π«π 6.24 ≈â“π∫“∑ ‡π◊ËÕß®“°∫√‘…—∑‰¥â√—∫ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 ¢Õß∫√‘…—∑√à«¡ ¥—ß°≈à“«∑’Ë ‰¥âºà“π°“√µ√«® Õ∫·≈â«„πªï 2545 ‚¥¬·µà‡¥‘¡∫√‘…—∑‰¥â„™â¢âÕ¡Ÿ≈®“°ß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 ¢Õß ∫√‘…—∑√à«¡¥—ß°≈à“« ∑’Ë¬—ß¡‘‰¥â¡’°“√µ√«® Õ∫„π°“√∫—π∑÷°∫—≠™’ à«π·∫àß¢“¥∑ÿπ ÿ∑∏‘®“°‡ß‘π≈ß∑ÿπµ“¡«‘∏’ à«π‰¥â‡ ’¬¥—ß°≈à“« º≈°√–∑∫¢Õß°“√·°â ‰¢¢âÕº‘¥æ≈“¥∑“ß∫—≠™’µàÕß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ¡’¥—ßπ’È ß∫¥ÿ≈√«¡·≈–ß∫¥ÿ≈‡©æ“–¢Õß∫√‘…—∑ ≥ «—π∑’Ë 31 ∏—π«“§¡

‡ß‘π≈ß∑ÿπ´÷Ëß∫—π∑÷°‚¥¬«‘∏’ à«π‰¥â‡ ’¬ ‡æ‘Ë¡¢÷Èπ (≈¥≈ß) °”‰√ – ¡‡æ‘Ë¡¢÷Èπ (≈¥≈ß) Annual Report 2002

KCE ELECTRONICS PCL

2545 ∫“∑

2544 ∫“∑

6,241,385 6,241,385

(6,241,385) (6,241,385)

ß∫°”‰√¢“¥∑ÿπ√«¡·≈–ß∫°”‰√¢“¥∑ÿπ‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 2544 ∫“∑ ∫“∑ °”‰√ ÿ∑∏‘‡æ‘¡Ë ¢÷πÈ 6,241,385 °”‰√µàÕÀÿâπ‡æ‘Ë¡¢÷Èπ 0.21 °”‰√µàÕÀÿâπª√—∫≈¥‡æ‘Ë¡¢÷Èπ 0.20 ”À√—∫ à«π·∫àß°”‰√ (¢“¥∑ÿπ) ®“°‡ß‘π≈ß∑ÿπ¢Õß∫√‘…—∑√à«¡Õ’°·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥) ´÷Ëß‰¥â√«¡Õ¬Ÿà „πß∫°“√‡ß‘π ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 §”π«≥®“°ß∫°“√‡ß‘π´÷Ëß¬—ß¡‘‰¥âºà“π°“√µ√«® Õ∫ ‚¥¬∫√‘…—∑‰¥â√—∫ß∫°“√‡ß‘π¢Õß ∫√‘…—∑√à«¡¥—ß°≈à“«∑’Ë ‰¥âºà“π°“√µ√«® Õ∫·≈â«„πªï 2545 ·≈–‰¡à ‰¥â¡’°“√ª√—∫ª√ÿßß∫°“√‡ß‘π√«¡·≈–ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 ∑’Ëπ”¡“· ¥ß‡ª√’¬∫‡∑’¬∫¬âÕπÀ≈—ß ‡π◊ËÕß®“°º≈°√–∑∫‰¡à¡’ “√– ”§—≠ 10.3 „πªï 2541 ∫√‘…—∑√à«¡·ÀàßÀπ÷Ëß (∫√‘…—∑ Õ«“µ“ ®”°—¥) ¡’°√–· ‡ß‘π ¥∑’Ë ‰¡à‡æ’¬ßæÕµàÕ°“√¥”‡π‘πß“π ·≈–‰¡à “¡“√∂®—¥À“ ‡ß‘π∑ÿπ‡æ◊ËÕ‡ √‘¡ ¿“æ§≈àÕß‰¥â ‡ªìπº≈„Àâ∫√‘…—∑√à«¡¥—ß°≈à“«ªî¥°‘®°“√≈ß πÕ°®“°π’È∫√‘…—∑¬àÕ¬¢Õß∫√‘…—∑√à«¡¥—ß°≈à“« (∫√‘…—∑ Õ«“µ“ ´‘ ‡µÁ¡ å §Õ√åªÕ‡√™—Ëπ) ´÷Ëßª√–°Õ∫°‘®°“√Õ¬Ÿà∑’Ëª√–‡∑» À√—∞Õ‡¡√‘°“ ‰¥â¬◊Ëπ¥”‡π‘π°“√‡æ◊ËÕ™”√–∫—≠™’¿“¬„µâ°ÆÀ¡“¬¢Õß À√—∞Õ‡¡√‘°“ (Chapter 7 of the U.S. Federal Bankruptcy Code) „π‡¥◊Õπ°—π¬“¬π 2541 ∫√‘…—∑‰¥âµ—¥¢“¥∑ÿπ®“°°“√≈¥§à“‡ß‘π≈ß∑ÿπ„π∫√‘…—∑√à«¡ ¥—ß°≈à“«∑—Èß®”π«π ‡π◊ËÕß®“°ºŸâ∫√‘À“√‰¥âª√–‡¡‘π·≈â««à“¡Ÿ≈§à“¬ÿµ‘∏√√¡≈¥≈ß „πªï 2542 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ‰¥â¬◊ËπøÑÕß¥”‡π‘π§¥’≈â¡≈–≈“¬°—∫≈Ÿ°Àπ’È ∫√‘…—∑ Õ«“µ“ ®”°—¥ µàÕ»“≈≈â¡≈–≈“¬°≈“ß ´÷Ëß¡’§” —Ëß„Àâ∫√‘…—∑ Õ«“µ“ ®”°—¥ ‡ªìπ≈Ÿ°Àπ’È≈â¡≈–≈“¬‡¡◊ËÕ«—π∑’Ë 6 °√°Æ“§¡ 2543 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ‰¥â®à“¬™”√– Àπ’È ‘π∑’Ë‡°‘¥¢÷Èπ®“°°“√§È”ª√–°—π‡ß‘π°Ÿâ¬◊¡¢Õß∫√‘…—∑√à«¡ (∫√‘…—∑ Õ«“µ“ ®”°—¥) ·≈–∫√‘…—∑¬àÕ¬¢Õß∫√‘…—∑√à«¡¥—ß°≈à“« (∫√‘…—∑ Õ«“µ“ ´‘ ‡µÁ¡ å §Õ√åªÕ‡√™—Ëπ) ‡ªìπ®”π«π‡ß‘π√«¡ª√–¡“≥ 925.03 ≈â“π∫“∑ „πß∫°“√‡ß‘π√«¡·≈–‡ªìπ®”π«π‡ß‘π√«¡ª√–¡“≥ 785.86 ≈â“π∫“∑ „πß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬∫—π∑÷°√“¬°“√¥—ß°≈à“«‡ªìπ‡ß‘π„Àâ°Ÿâ¬◊¡·°à∫√‘…—∑∑’Ë‡°’Ë¬«¢âÕß°—π ·≈–‰¥âµ—Èß§à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠∑—Èß®”π«π·≈â« (¥ŸÀ¡“¬‡Àµÿ¢âÕ 10.4) 10.4 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ºŸâ∫√‘À“√¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ‰¥âæ‘®“√≥“µ—Èß§à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠∑ÿ°∫—≠™’∑’Ë‡°’Ë¬«¢âÕß°—∫∫√‘…—∑√à«¡·≈–∫√‘…—∑¬àÕ¬¢Õß∫√‘…—∑√à«¡¥—ß°≈à“«µ“¡∑’Ë°≈à“«‰«â„πÀ¡“¬‡Àµÿ ¢âÕ 10.3 ¥—ßπ’È

≈Ÿ°Àπ’È°“√§â“ ‡ß‘π„Àâ°Ÿâ¬◊¡√–¬– —Èπ·≈–‡ß‘π∑¥√Õß ¥Õ°‡∫’È¬§â“ß√—∫ §à“‡™à“§â“ß√—∫

ß∫°“√‡ß‘π√«¡ 2545 2544 ∫“∑ ∫“∑ 2,998,784 2,998,784 925,032,852 925,032,852 185,262,981 155,320,347 8,700,000 8,700,000 1,121,994,617 1,092,051,983 √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2545 2544 ∫“∑ ∫“∑ 2,998,784 2,998,784 785,862,852 785,862,852 167,572,838 137,630,203 8,700,000 8,700,000 965,134,474 935,191,839

10.5 §à“§«“¡π‘¬¡ - ÿ∑∏‘ §à“§«“¡π‘¬¡ª√–°Õ∫¥â«¬ ß∫°“√‡ß‘π√«¡ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ∫“∑ 57,204,718 (50,902,621) 6,302,097 6,030,107

§à“§«“¡π‘¬¡ À—° §à“§«“¡π‘¬¡µ—¥®”Àπà“¬ – ¡ §à“§«“¡π‘¬¡µ—¥®”Àπà“¬ ”À√—∫ªï

2544 ∫“∑ 57,204,718 (44,872,514) 12,332,204 6,030,107

10.6 ‡¡◊ËÕ«—π∑’Ë 26 ‡¡…“¬π 2544 ∑’Ëª√–™ÿ¡„À≠à “¡—≠ºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ‰¥â¡’¡µ‘‡ªìπ‡Õ°©—π∑åÕπÿ¡—µ‘ª√–°“»®à“¬‡ß‘πªíπº≈„Àâ·°àºŸâ∂◊ÕÀÿâπ„πÕ—µ√“ 6 ∫“∑µàÕÀÿâπ √«¡‡ªìπ‡ß‘π∑—Èß ‘Èπ 60 ≈â“π∫“∑ ‡¡◊ËÕ«—π∑’Ë 29 ‡¡…“¬π 2545 ∑’Ëª√–™ÿ¡„À≠à “¡—≠ºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑¬àÕ¬¥—ß°≈à“« ‰¥â¡’¡µ‘‡ªìπ‡Õ°©—π∑åÕπÿ¡—µ‘ª√–°“» ®à“¬‡ß‘πªíπº≈„Àâ·°àºŸâ∂◊ÕÀÿâπ„πÕ—µ√“ 6 ∫“∑µàÕÀÿâπ √«¡‡ªìπ‡ß‘π∑—Èß ‘Èπ 60 ≈â“π∫“∑ ‡¡◊ËÕ«—π∑’Ë 14 æƒ»®‘°“¬π 2545 ∑’Ëª√–™ÿ¡§≥–°√√¡°“√¢Õß∫√‘…—∑¬àÕ¬¥—ß°≈à“« ‰¥â¡’¡µ‘‡ªìπ‡Õ°©—π∑åÕπÿ¡—µ‘ª√–°“» ®à“¬‡ß‘πªíπº≈„Àâ·°àºŸâ∂◊ÕÀÿâπ„πÕ—µ√“ 8 ∫“∑µàÕÀÿâπ √«¡‡ªìπ‡ß‘π∑—Èß ‘Èπ 80 ≈â“π∫“∑

11. ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å - ÿ∑∏‘ 11.1 ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ª√–°Õ∫¥â«¬ ß∫°“√‡ß‘π√«¡

µâπ∑ÿπ : ∑’¥Ë π‘ Õ“§“√·≈–‚√ßß“π ‡§√◊ËÕß®—°√·≈–Õÿª°√≥å‚√ßß“π à«πª√—∫ª√ÿß‚√ßß“π ‡§√◊ËÕßµ°·µàß µ‘¥µ—Èß·≈–Õÿª°√≥å ”π—°ß“π à«πª√—∫ª√ÿß ”π—°ß“π ¬“πæ“Àπ– à«πª√—∫ª√ÿß‚√ßß“π√–À«à“ß∑” à«πª√—∫ª√ÿß ”π—°ß“π√–À«à“ß∑” ‡§√◊ËÕß®—°√·≈–Õÿª°√≥å√–À«à“ß∑“ß Annual Report 2002

¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 ∫“∑

‡æ‘Ë¡¢÷Èπ/ ‚Õπ‡¢â“

(®”Àπà“¬)/ (‚ÕπÕÕ°)

∫“∑

¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ∫“∑

167,521,570 434,966,172 2,993,034,211 49,241,215 277,011,231 9,277,052 26,286,063 4,767,081 1,137,907 -

274,595,763 2,021,527 8,115,385 7,700 1,666,852 34,700,385 242,400 53,519,708

(80,800,285) (1,638,483) (1,913,337) -

167,521,570 434,966,172 3,186,829,689 51,262,742 283,488,133 9,284,752 26,039,578 39,467,466 1,380,307 53,519,708

KCE ELECTRONICS PCL

‡§√◊ËÕß®—°√·≈–Õÿª°√≥å√–À«à“ßµ‘¥µ—Èß ‚√ßß“π√–À«à“ß°àÕ √â“ß √«¡∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å §à“‡ ◊ËÕ¡√“§“ – ¡ Õ“§“√·≈–‚√ßß“π ‡§√◊ËÕß®—°√·≈–Õÿª°√≥å‚√ßß“π à«πª√—∫ª√ÿß‚√ßß“π ‡§√◊ËÕßµ°·µàßµ‘¥µ—Èß·≈–Õÿª°√≥å ”π—°ß“π à«πª√—∫ª√ÿß ”π—°ß“π ¬“πæ“Àπ– √«¡§à“‡ ◊ËÕ¡√“§“ – ¡ ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å- ÿ∑∏‘ §à“‡ ◊ËÕ¡√“§“ ”À√—∫ªï

¬Õ¥§ß‡À≈◊Õ ‡æ‘Ë¡¢÷Èπ/ ≥ «—π∑’Ë ‚Õπ‡¢â“ 31 ∏—π«“§¡ 2544 ∫“∑ ∫“∑ 175,487,420 766,872,266 11,168,290 4,149,898,212 1,141,741,986 (75,569,780) (18,988,942) (940,745,314) (244,184,201) (36,732,676) (2,558,477) (49,359,000) (31,239,598) (3,669,158) (676,323) (10,446,252) (4,934,234) (1,116,522,180) (302,581,775) 3,033,376,032 270,278,388

(®”Àπà“¬)/ (‚ÕπÕÕ°)

∫“∑ (231,822,696) (316,174,801)

¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ∫“∑ 710,536,990 11,168,290 4,975,465,397

40,684,479 1,582,416 1,363,849 43,630,744

(94,558,722) (1,144,245,036) (39,291,153) (79,016,182) (4,345,481) (14,016,637) (1,375,473,211) 3,599,992,186 302,581,775

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑

¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 ∫“∑

‡æ‘Ë¡¢÷Èπ/ ‚Õπ‡¢â“

(®”Àπà“¬)/ (‚ÕπÕÕ°)

∫“∑

¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ∫“∑

51,192,734 69,045,756 1,110,551,302 33,184,420 16,264,250 8,693,659 13,714,174 4,767,081 1,137,907 35,552,316 1,344,103,599

118,857,825 1,141,651 1,083,783 1,666,852 145,944,959 16,111,629 284,806,699

(92,111,908) (12,400) (1,913,337) (87,706,831) (181,744,476)

51,192,734 69,045,756 1,137,297,219 34,326,071 17,335,633 8,693,659 13,467,689 4,767,081 1,137,907 93,790,444 16,111,629 1,447,165,822

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 ∫“∑ §à“‡ ◊ËÕ¡√“§“ – ¡ Õ“§“√·≈–‚√ßß“π ‡§√◊ËÕß®—°√·≈–Õÿª°√≥å‚√ßß“π à«πª√—∫ª√ÿß‚√ßß“π ‡§√◊ËÕßµ°·µàß µ‘¥µ—Èß·≈–Õÿª°√≥å ”π—°ß“π à«πª√—∫ª√ÿß ”π—°ß“π ¬“πæ“Àπ– √«¡§à“‡ ◊ËÕ¡√“§“ – ¡ ∑’Ë¥‘π Õ“§“√·≈–Õÿª°√≥å- ÿ∑∏‘ §à“‡ ◊ËÕ¡√“§“ ”À√—∫ªï

‡æ‘Ë¡¢÷Èπ/ ‚Õπ‡¢â“

(®”Àπà“¬)/ (‚ÕπÕÕ°)

∫“∑

(34,659,737) (3,452,286) (532,513,932) (94,794,695) (28,872,627) (1,755,957) (12,816,835) (1,420,477) (3,568,145) (434,680) (6,049,361) (2,663,228) (618,480,637) (104,521,323) 725,622,962 105,778,137

53,283,553 7,073 1,363,848 54,654,474

¬Õ¥§ß‡À≈◊Õ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ∫“∑ (38,112,023) (574,025,074) (30,628,584) (14,230,239) (4,002,825) (7,348,741) (668,347,486) 778,818,336 104,521,323

11.2 ∫√‘…—∑‰¥â®¥®”πÕß∑’Ë¥‘π∫“ß à«π·≈–®¥®”πÕß‡§√◊ËÕß®—°√·≈–Õÿª°√≥å‚√ßß“π∫“ß à«π‡ªìπÀ≈—°ª√–°—π‡ß‘π°Ÿâ¬◊¡°—∫∏π“§“√ Õ¬à“ß‰√°Áµ“¡ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ∫√‘…—∑‰¥â ‰∂à∂Õπ°“√®¥®”πÕß‡§√◊ËÕß®—°√·≈–Õÿª°√≥å‚√ßß“π∑’Ë„™â‡ªìπÀ≈—°ª√–°—π·≈â« ‚¥¬µ“¡ —≠≠“‡ß‘π°Ÿâ¬◊¡°—∫∏π“§“√√–∫ÿ‡ß◊ËÕπ‰¢«à“ ∫√‘…—∑®–‰¡à®”Àπà“¬ ®à“¬‚Õπ ®”πÕß À√◊Õ°àÕ¿“√–ºŸ°æ—π„¥Ê ∫π∑’Ë¥‘πæ√âÕ¡ ‘Ëßª≈Ÿ° √â“ß¢Õß ∫√‘…—∑¥—ß°≈à“« µ“¡ —≠≠“‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿ¬â ¡◊ ®“°∏π“§“√¢Õß∫√‘…∑— ¬àÕ¬ Õß·Ààß (∫√‘…∑— ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—πË ·π≈ ®”°—¥ ·≈– ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥) √–∫ÿ‡ß◊ËÕπ‰¢«à“∫√‘…—∑¬àÕ¬¥—ß°≈à“«®–‰¡à®”Àπà“¬ ®à“¬‚Õπ ®”πÕßÀ√◊Õ°àÕ¿“√–ºŸ°æ—π„¥Ê ∫π∑’Ë¥‘πæ√âÕ¡ ‘Ëßª≈Ÿ° √â“ß¢Õß∫√‘…—∑¬àÕ¬¥—ß°≈à“« ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑¬àÕ¬Õ’°·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ‰¥â®¥®”πÕß∑’Ë¥‘πæ√âÕ¡ ‘Ëß ª≈Ÿ° √â“ß·≈–‡§√◊ËÕß®—°√ à«π„À≠à‡ªìπÀ≈—°ª√–°—π ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡®“° ∂“∫—π°“√‡ß‘π (¥ŸÀ¡“¬‡Àµÿ¢âÕ 12.4) 11.3 ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ‰¥â∫—π∑÷°¥Õ°‡∫’È¬ ®à“¬‰«â‡ªìπ à«πÀπ÷Ëß¢Õßµâπ∑ÿπ‡§√◊ËÕß®—°√·≈–Õÿª°√≥å ‡ªìπ®”π«π∑—Èß ‘Èπ 3.48 ≈â“π∫“∑ ·≈– 11.97 ≈â“π∫“∑ µ“¡≈”¥—∫ 11.4 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ Õß·Ààß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ·≈– ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥) ¡’‡§√◊ËÕß®—°√·≈–Õÿª°√≥å∫“ß√“¬°“√´÷Ëß¡’µâπ∑ÿπ‡ªìπ®”π«π 375.68 ≈â“π∫“∑ ·≈– 365.76 ≈â“π∫“∑ µ“¡≈”¥—∫ „πß∫°“√‡ß‘π√«¡ ·≈– 272.09 ≈â“π∫“∑ ·≈– 237.34 ≈â“π∫“∑ µ“¡≈”¥—∫ „πß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ´÷Ëß µ—¥§à“‡ ◊ËÕ¡√“§“À¡¥·≈â« ·µà∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬„™âß“πÕ¬Ÿà

Annual Report 2002

KCE ELECTRONICS PCL

12. ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡®“° ∂“∫—π°“√‡ß‘π ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡®“° ∂“∫—π°“√‡ß‘π ª√–°Õ∫¥â«¬ ß∫°“√‡ß‘π√«¡ 2545 2544 ∫“∑ ∫“∑ 1,163,157 60,534,369 344,811,595 529,336,178 457,400,000 222,800,000 141,943,231 12,303,114 945,317,983 824,973,661

‡ß‘π‡∫‘°‡°‘π∫—≠™’ ‡ß‘π°Ÿâ¬◊¡®“°∏π“§“√ ‘π‡™◊ËÕ‡æ◊ËÕ°“√ àßÕÕ° ∑√— µå√’´’∑ å

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2545 2544 ∫“∑ ∫“∑ 2,930,055 234,797,950 235,156,720 347,400,000 167,100,000 21,445,733 12,303,114 603,643,683 417,489,889

12.1 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡®“°∏π“§“√¢Õß∫√‘…—∑ ¡’∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ·≈–ºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑√“¬Àπ÷Ëß‡ªìπºŸâ§È”ª√–°—π 12.2 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡®“°∏π“§“√¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ¡’°“√§È”ª√–°—π‚¥¬∫√‘…—∑ 12.3 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡®“°∏π“§“√¢Õß∫√‘…—∑¬àÕ¬Õ’°·ÀàßÀπ÷Ëß (∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥) ∫“ß à«π¡’°“√§È”ª√–°—π‚¥¬∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) 12.4 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡®“°∏π“§“√¢Õß∫√‘…—∑¬àÕ¬Õ’°·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ¡’°“√®¥®”πÕß∑’¥Ë π‘ ·≈– ‘ßË ª≈Ÿ° √â“ß·≈–‡§√◊ÕË ß®—°√ à«π„À≠à¢Õß∫√‘…∑— ¬àÕ¬¥—ß°≈à“«‡ªìπÀ≈—°ª√–°—π·≈–§È”ª√–°—π ‚¥¬∫√‘…—∑ (¥ŸÀ¡“¬‡Àµÿ¢âÕ 11.2)

13. ‡ß‘π°Ÿâ¬◊¡√–¬–¬“« ‡ß‘π°Ÿâ¬◊¡√–¬–¬“« ª√–°Õ∫¥â«¬ ß∫°“√‡ß‘π√«¡ 2545 2544 ∫“∑ ∫“∑

Õ—µ√“¥Õ°‡∫’È¬√âÕ¬≈– ‡ß‘π°Ÿâ¬◊¡®“°∏π“§“√ ‡ß‘π∫“∑ ‡ß‘π¥Õ≈≈“√å À√—∞Õ‡¡√‘°“ ‡ß‘π¬Ÿ‚√ À—° à«π¢ÕßÀπ’È ‘π√–¬–¬“« ∑’Ë∂÷ß°”Àπ¥™”√–¿“¬„πÀπ÷Ëßªï

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2545 2544 ∫“∑ ∫“∑

MLR-4% ∂÷ß MLR 1,527,983,043 SIBOR+1.75% 489,334,071 4.95% 39,465,517 2,056,782,631

1,674,466,075 93,734,980 1,768,201,055

390,483,043 390,483,043

(420,995,366) 1,635,787,265

(265,870,145) 1,502,330,910

(180,279,848) (208,996,506) 210,203,195 305,379,050

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

494,466,076 19,909,480 514,375,556

13.1 ‡ß‘π°Ÿâ¬◊¡√–¬–¬“«¢Õß∫√‘…—∑ ¡’¥—ßπ’È ≈”¥—∫∑’Ë

«—π∑’∑Ë ” —≠≠“

ºŸâ „Àâ°Ÿâ

«ß‡ß‘π°Ÿ¬â ¡◊ ∫“∑

√–¬–‡«≈“ ‡ß‘π°Ÿâ

ª≈Õ¥™”√– ‡ß‘πµâπ

™”√–§◊π ‡ß‘πµâπ

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15.

8 ‡¡…“¬π 2541 11 ∏—π«“§¡ 2541 12 æƒ…¿“§¡ 2543 29 ¡‘∂ÿπ“¬π 2543 10 °√°Æ“§¡ 2543 26 °√°Æ“§¡ 2543 3 æƒ»®‘°“¬π 2543 22 ∏—π«“§¡ 2543 2 æƒ»®‘°“¬π 2544 29 ¡°√“§¡ 2545 30 µÿ≈“§¡ 2545 21 µÿ≈“§¡ 2545 3 ∏—π«“§¡ 2545 19 ∏—π«“§¡ 2545 23 ∏—π«“§¡ 2545

∏π“§“√ ∏π“§“√ ∏π“§“√ ∏π“§“√ ∂“∫—π°“√‡ß‘π ∏π“§“√ ∏π“§“√ ∏π“§“√ ∏π“§“√ ∏π“§“√ ∏π“§“√ ∂“∫—π°“√‡ß‘π ∂“∫—π°“√‡ß‘π ∂“∫—π°“√‡ß‘π ∂“∫—π°“√‡ß‘π

50,000,000 339,235,126 33,000,000 60,000,000 80,000,000 20,000,000 22,000,000 95,000,000 50,000,000 30,000,000 33,295,039 2,158,600 7,153,070 1,612,314 21,584,968

4 ªï 6 ªï 5 ªï 2 ªï 2 ªï 3 ªï 4 ªï 5 ªï 3 ªï 6 ‡¥◊Õπ 2 ªï 2.5 ªï 2 ªï 2 ªï 2 ªï 2 ªï

1 ªï 1 ªï 1 ªï 6 ‡¥◊Õπ 1 ªï 1 ªï 6 ‡¥◊Õπ -

3 ‡¥◊Õπ 3 ‡¥◊Õπ 1 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ 3 ‡¥◊Õπ

Õ—µ√“ à«π Àπ’È ‘πµàÕ à«π¢Õß ºŸâ∂◊ÕÀÿâπ ‰¡à‡°‘π 2 : 1 ‰¡à‡°‘π 2.5 : 1 -

‡ß‘π°Ÿâ¬◊¡√–¬–¬“«¢Õß∫√‘…—∑¡’Õ—µ√“¥Õ°‡∫’È¬√–À«à“ß MLR (Minimum Loan Rate) ∂÷ß MLR ≈∫√âÕ¬≈– 4 µàÕªï ‡ß‘π°Ÿâ¬◊¡ ¥—ß°≈à“«§È”ª√–°—π‚¥¬∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ·≈–∫√‘…—∑‰¥â®¥®”πÕß∑’Ë¥‘π‡ªìπÀ≈—°ª√–°—π (¥ŸÀ¡“¬‡Àµÿ¢âÕ 11.2) ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ∫√‘…—∑‰¥â®à“¬™”√–Àπ’È‡ß‘π°Ÿâ¬◊¡√–¬–¬“«°àÕπ§√∫°”Àπ¥™”√– ®”π«π 19.96 ≈â“π∫“∑ °—∫ ∏π“§“√·ÀàßÀπ÷Ëß ”À√—∫‡ß‘π°Ÿâ√“¬°“√∑’Ë 2 ¥—ß°≈à“«¢â“ßµâπ ‚¥¬‰¡à¡’§à“∏√√¡‡π’¬¡„π°“√™”√–°àÕπ§√∫°”Àπ¥ 13.2 ‡ß‘π°Ÿâ¬◊¡√–¬–¬“«®“°∏π“§“√¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ‡ªìπ‡ß‘π°Ÿâ °ÿ≈‡ß‘π∫“∑ µ“¡ —≠≠“≈ß«—π∑’Ë 21 ∏—π«“§¡ 2541 ‚¥¬¡’«ß‡ß‘π°Ÿâ¬◊¡®”π«π 30 ≈â“π∫“∑ ¡’√–¬–‡«≈“‡ß‘π°Ÿâ 4 ªï ‚¥¬ª≈Õ¥™”√–§◊π‡ß‘πµâπ 1 ªï 4 ‡¥◊Õπ ·≈–¡’Õ—µ√“¥Õ°‡∫’È¬ MLR (Minimum Loan Rate) µàÕªï ®à“¬™”√–§◊π‡ß‘πµâπ∑ÿ°Ê 3 ‡¥◊Õπ ‚¥¬‡√‘Ë¡®à“¬™”√–ß«¥·√°„π‡¥◊Õπ‡¡…“¬π 2543 ‡ß‘π°Ÿâ¥—ß°≈à“«§È”ª√–°—π‚¥¬∫√‘…—∑ ‡¡◊ËÕ«—π∑’Ë 26 °—π¬“¬π 2544 ∫√‘…—∑¬àÕ¬¥—ß°≈à“«‰¥â∑” —≠≠“‡ß‘π°Ÿâ°—∫∏π“§“√Õ’°·ÀàßÀπ÷Ëß®”π«π 2 ≈â“π¬Ÿ‚√ ·≈– ¡’Õ—µ√“¥Õ°‡∫’È¬≈Õ¬µ—«Õâ“ßÕ‘ßµ“¡Õ—µ√“¥Õ°‡∫’È¬‡ß‘π¬Ÿ‚√ ´÷Ëß¡’°”Àπ¥™”√–§◊π‡ªìπß«¥Ê ∑ÿ°‰µ√¡“ ®π∂÷ßªï 2546 ‡ß‘π°Ÿâ¬◊¡¥—ß°≈à“« §È”ª√–°—π‚¥¬∫√‘…∑— 13.3 ‡ß‘π°Ÿâ¬◊¡√–¬–¬“«®“°∏π“§“√¢Õß∫√‘…—∑¬àÕ¬Õ’°·ÀàßÀπ÷Ëß (∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥) ‡ªìπ‡ß‘π°Ÿâ °ÿ≈‡ß‘π∫“∑ µ“¡ —≠≠“≈ß«—π∑’Ë 14 °—π¬“¬π 2543 ‚¥¬¡’«ß‡ß‘π 40 ≈â“π∫“∑ ·≈–¡’Õ—µ√“¥Õ°‡∫’È¬ MLR (Minimum Loan Rate) µàÕªï

Annual Report 2002

KCE ELECTRONICS PCL

¡’√–¬–‡«≈“‡ß‘π°Ÿâ 5 ªï ‚¥¬ª≈Õ¥™”√–‡ß‘πµâπ 1 ªï π—∫®“°«—π∑” —≠≠“ À≈—ß®“°π—ÈπºàÕπ™”√–‡ß‘πµâπ‡ªìπß«¥ ß«¥≈– 6 ‡¥◊Õπ ‡ß‘π°Ÿâ¬◊¡ √–¬–¬“«¥—ß°≈à“« §È”ª√–°—π‚¥¬°“√®¥®”πÕß‡§√◊ËÕß®—°√∫“ß à«π¢Õß∫√‘…—∑¬àÕ¬‡ªìπÀ≈—°ª√–°—π·≈–§È”ª√–°—π‚¥¬∫√‘…—∑ ≥ «—π∑’Ë 26 ‡¡…“¬π 2545 ∫√‘…—∑¬àÕ¬¥—ß°≈à“«‰¥â®à“¬™”√–Àπ’È‡ß‘π°Ÿâ¬◊¡√–¬–¬“«¥—ß°≈à“«°àÕπ§√∫°”Àπ¥™”√–®”π«π‡ß‘π 30 ≈â“π∫“∑ ‚¥¬‰¡à¡’§à“∏√√¡‡π’¬¡„π°“√™”√–°àÕπ§√∫°”Àπ¥ ·≈– ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ∫√‘…—∑¬àÕ¬¥—ß°≈à“«‰¥â ‰∂à∂Õπ°“√ ®¥®”πÕß‡§√◊ËÕß®—°√∑’Ë‡ªìπÀ≈—°ª√–°—π·≈â« ‡¡◊ËÕ«—π∑’Ë 18 °√°Æ“§¡ 2545 ∫√‘…—∑¬àÕ¬¥—ß°≈à“«‰¥â∑” —≠≠“‡ß‘π°Ÿâ°—∫∏π“§“√Õ’°·ÀàßÀπ÷Ëß‡ªìπ®”π«π 340 ≈â“π∫“∑ ¡’Õ—µ√“ ¥Õ°‡∫’È¬√âÕ¬≈– 4.5 µàÕªï ‡ß‘π°Ÿâ¬◊¡¥—ß°≈à“«§È”ª√–°—π‚¥¬∫√‘…—∑ºŸâ∂◊ÕÀÿâπ„À≠à (∫√‘…—∑ ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π)) ´÷Ëß ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ∫√‘…—∑¬àÕ¬¬—ß¡‘‰¥â‡∫‘°‡ß‘π°Ÿâ¬◊¡¥—ß°≈à“« 13.4 ‡¡◊ËÕ«—π∑’Ë 9 °ÿ¡¿“æ—π∏å 2544 ∫√‘…—∑¬àÕ¬Õ’°·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ‰¥â∑” —≠≠“‡ß‘π°Ÿâ°—∫∏π“§“√·ÀàßÀπ÷Ëß ‡ªìπ‡ß‘π°Ÿâ¬◊¡ °ÿ≈‡ß‘π∫“∑ ®”π«π 1,070 ≈â“π∫“∑ ·≈–¡’Õ—µ√“¥Õ°‡∫’È¬ MLR (Minimum Loan Rate) ≈∫√âÕ¬≈– 0.5 µàÕªï ‡ß‘π°Ÿâ¥—ß°≈à“« ¡’√–¬–‡«≈“‡ß‘π°Ÿâ 6 ªï 3 ‡¥◊Õπ ‚¥¬ª≈Õ¥™”√–‡ß‘πµâπ 2 ªï ®à“¬™”√–‡ß‘πµâπ∑ÿ°Ê 3 ‡¥◊Õπ ‡ß‘π°Ÿâ¬◊¡√–¬–¬“«¥—ß°≈à“«§È”ª√–°—π‚¥¬ °“√®¥®”πÕß∑’Ë¥‘πæ√âÕ¡ ‘Ëßª≈Ÿ° √â“ß·≈–®¥®”π”‡§√◊ËÕß®—°√ à«π„À≠à¢Õß∫√‘…—∑¬àÕ¬ ·≈–§È”ª√–°—π‚¥¬∫√‘…—∑ ‡¡◊ËÕ«—π∑’Ë 13 æƒ»®‘°“¬π 2544 ∫√‘…—∑¬àÕ¬¥—ß°≈à“«‰¥â∑” —≠≠“‡ß‘π°Ÿâ¬◊¡√–¬–¬“«°—∫∏π“§“√¥—ß°≈à“«‡ªìπ‡ß‘π°Ÿâ¬◊¡ °ÿ≈‡ß‘π ¥Õ≈≈“√å À√—∞ ‡ªìπ®”π«π 17.50 ≈â“π¥Õ≈≈“√å À√—∞ ‚¥¬«ß‡ß‘π°Ÿâ¬◊¡√–¬–¬“«¥—ß°≈à“«¡’√–¬–‡«≈“°Ÿâ 6 ªï ª≈Õ¥™”√–‡ß‘πµâπ 2 ªï π—∫®“°«—π‡∫‘°‡ß‘π°Ÿâß«¥·√° ·≈–¡’Õ—µ√“¥Õ°‡∫’È¬ SIBOR ∫«°√âÕ¬≈– 1.75 µàÕªï ®à“¬™”√–‡ß‘πµâπ∑ÿ°Ê 3 ‡¥◊Õπ ‡ß‘π°Ÿâ¬◊¡√–¬–¬“« ¥—ß°≈à“«§È”ª√–°—π‚¥¬°“√®¥®”πÕß∑’Ë¥‘πæ√âÕ¡ ‘Ëßª≈Ÿ° √â“ß ®–®¥®”π”‡§√◊ËÕß®—°√¢Õß∫√‘…—∑¬àÕ¬°—∫∏π“§“√ ·≈–§È”ª√–°—π‚¥¬∫√‘…—∑ ·≈–¡’‡ß◊ËÕπ‰¢„π —≠≠“∑’Ë ”§—≠§◊Õ ∑ÿπ®¥∑–‡∫’¬π¢Õß∫√‘…—∑¬àÕ¬µàÕ®”π«π‡ß‘π°Ÿâ∑’Ë¢Õ‡∫‘°„π —¥ à«π 30 : 70 ‡¡◊ËÕ«—π∑’Ë 12 æƒ»®‘°“¬π 2544 ∫√‘…—∑¬àÕ¬¥—ß°≈à“«‰¥â∑” —≠≠“‡ß‘π°Ÿâ¬◊¡√–¬–¬“«°—∫∏π“§“√Õ’°·ÀàßÀπ÷Ëß‡ªìπ‡ß‘π°Ÿâ °ÿ≈‡ß‘π ∫“∑ ‚¥¬¡’«ß‡ß‘π°Ÿâ¬◊¡®”π«π 60 ≈â“π∫“∑ ¡’√–¬–‡«≈“‡ß‘π°Ÿâ 2 ªï ‚¥¬ª≈Õ¥™”√–§◊π‡ß‘πµâπ 1 ªï 6 ‡¥◊Õπ ·≈–¡’Õ—µ√“¥Õ°‡∫’È¬ MLR (Minimum Loan Rate) ≈∫√âÕ¬≈– 1.5 µàÕªï ®à“¬™”√–§◊π‡ß‘πµâπ∑ÿ°Ê 3 ‡¥◊Õπ ‚¥¬‡√‘Ë¡®à“¬™”√–ß«¥·√°„π‡¥◊Õπæƒ…¿“§¡ 2546 ‡ß‘π°Ÿâ¬◊¡¥—ß°≈à“«§È”ª√–°—π‚¥¬∫√‘…—∑

14. ”√Õßµ“¡°ÆÀ¡“¬ µ“¡æ√–√“™∫—≠≠—µ∫‘ √‘…∑— ¡À“™π®”°—¥ ∫√‘…∑— ®–µâÕß®—¥ √√°”‰√ ÿ∑∏‘ª√–®”ªï «à πÀπ÷ßË ‰«â‡ªìπ∑ÿπ ”√Õß ‰¡àπÕâ ¬°«à“√âÕ¬≈–Àâ“¢Õß °”‰√ ÿ∑∏‘ª√–®”ªïÀ—°¥â«¬¬Õ¥¢“¥∑ÿπ – ¡¬°¡“ (∂â“¡’) ®π°«à“∑ÿπ ”√Õßπ’È®–¡’®”π«π‰¡àπâÕ¬°«à“√âÕ¬≈– ‘∫¢Õß∑ÿπ®¥∑–‡∫’¬π

15. °Õß∑ÿπ ”√Õß‡≈’È¬ß™’æ ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ Õß·Ààß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ·≈–∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥)‰¥â®—¥ ¥—È ß °Õß∑ÿπ ”√Õß‡≈’È¬ß™’æ ”À√—∫æπ—°ß“π¢Õß∫√‘…—∑∑’Ë ¡—§√‡ªìπ ¡“™‘°¢Õß°Õß∑ÿπ ‚¥¬æπ—°ß“π®à“¬ – ¡®“°‡ß‘π‡¥◊Õπ à«πÀπ÷Ëß·≈– ∫√‘…—∑®à“¬ ¡∑∫„ÀâÕ’° à«πÀπ÷Ëß ∫√‘…—∑‰¥â·µàßµ—ÈßºŸâ®—¥°“√°Õß∑ÿπ‡æ◊ËÕ∫√‘À“√°Õß∑ÿπ¥—ß°≈à“«µ“¡°Æ‡°≥±å·≈–¢âÕ°”Àπ¥æ√–√“™∫—≠≠—µ‘ °Õß∑ÿπ ”√Õß‡≈’È¬ß™’æ æ.». 2530 ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ‡ß‘π ¡∑∫¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ ´÷Ëß‰¥â∫—π∑÷°‡ªìπ§à“„™â®à“¬„π°“√¢“¬·≈– ∫√‘À“√„πß∫°“√‡ß‘π√«¡¡’®”π«π 10.63 ≈â“π∫“∑ ·≈– 11.93 ≈â“π∫“∑ µ“¡≈”¥—∫ ·≈–„πß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ¡’®”π«π 7.45

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

≈â“π∫“∑ ·≈– 8.54 ≈â“π∫“∑ µ“¡≈”¥—∫

16. √“¬°“√°—∫°‘®°“√∑’Ë‡°’Ë¬«¢âÕß°—π ¬Õ¥§ß‡À≈◊Õ·≈–√“¬°“√∑’ Ë ”§—≠°—∫°‘®°“√∑’‡Ë °’¬Ë «¢âÕß°—π ´÷ßË ‡°’¬Ë «¢âÕß°—π‚¥¬°“√∂◊ÕÀÿπâ ·≈–/À√◊Õ¡’º∫Ÿâ √‘À“√√à«¡°—π ª√–°Õ∫¥â«¬ ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 2544 2545 2544 ∫“∑ ∫“∑ ∫“∑ ∫“∑ ≈Ÿ°Àπ’È°“√§â“ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ 528,409 1,967,923 ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ 871,741 589,060 ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ 1,390,421 9,395,122 ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ 89,408,815 48,278,828 33,913,515 31,579,230 ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥ 17,763,003 9,568,952 8,912,038 3,572,279 ∫√‘…—∑ Õ«“µ“ ®”°—¥ 2,998,784 2,998,784 2,998,784 2,998,784 110,170,602 60,846,564 48,614,908 50,102,398 À—° §à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ ∫√‘…—∑ Õ«“µ“ ®”°—¥ (2,998,784) (2,998,784) (2,998,784) (2,998,784) 107,171,818 57,847,780 45,616,124 47,103,614 ‡®â“Àπ’È°“√§â“ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ 270,841 963,943 ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ 49,037,626 85,735,552 ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ 97,995,849 32,679,201 ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ 8,499,388 5,366,132 6,110,002 4,512,546 ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥ 69,267,579 21,663,857 33,147,592 12,036,984 77,766,967 27,029,989 186,561,910 135,928,226 ≈Ÿ°Àπ’ÈÕ◊Ëπ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ 1,957,400 3,197,500 ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ 20,000 ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ 725,792 725,792 1,977,400 3,197,500 ‡ß‘π„Àâ°Ÿâ¬◊¡√–¬– —Èπ·≈–‡ß‘π∑¥√Õß·°à ∫√‘…—∑ Õ«“µ“ ®”°—¥ ‡ß‘π„Àâ°Ÿâ¬◊¡ (Õ—µ√“¥Õ°‡∫’È¬√âÕ¬≈– 7.5 µàÕªï ‰¡à¡’À≈—°ª√–°—π) 525,797,727 525,797,727 386,627,727 386,627,727 ¥Õ°‡∫’È¬§â“ß√—∫ 63,749,320 63,749,320 46,059,176 46,059,176 §à“‡™à“§â“ß√—∫ 8,700,000 8,700,000 8,700,000 8,700,000 598,247,047 598,247,047 441,386,903 441,386,903 À—° §à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ (598,247,047) (598,247,047) (441,386,903) (441,386,903) Annual Report 2002

KCE ELECTRONICS PCL

ß∫°“√‡ß‘π√«¡

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 2545 2544 ∫“∑ ∫“∑ ∫“∑

2545 ∫“∑ ∫√‘…—∑ Õ«“µ“ ´‘ ‡µÁ¡ å §Õ√åªÕ‡√™—Ëπ ‡ß‘π„Àâ°Ÿâ¬◊¡ (Õ—µ√“¥Õ°‡∫’È¬√âÕ¬≈– 7.5 µàÕªï ‰¡à¡’À≈—°ª√–°—π) ¥Õ°‡∫’È¬§â“ß√—∫ À—° §à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ °√√¡°“√

399,235,126 121,513,662 520,748,788 (520,748,788) -

‡ß‘π°Ÿâ¬◊¡√–¬– —Èπ·≈–‡ß‘π∑¥√Õß®“° ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥ §à“π“¬Àπâ“§â“ß®à“¬ ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥ ‡®â“Àπ’ÈÕ◊Ëπ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥ §à“„™â®à“¬§â“ß®à“¬ ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥

399,235,126 91,571,027 490,806,153 (490,806,153) 16,475 16,475 742,267 5,123 5,123

399,235,126 121,513,662 520,748,788 (520,748,788) 945,979 23,032 6,378 975,389 2,952,789 -

399,235,126 91,571,027 490,806,153 (490,806,153) 626,865 43,035 669,900 3,867,400 47,345 5,123 52,468

1,020,689 1,020,689

987,231 722,928 1,710,159

919,527 919,527

521,494 521,494

64,041 64,041

5,000 194,677 199,677

600,000 600,000

1,723,444 1,723,444 3,265,627

1,779,323

1,119,204

652,468

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 2544 2545 2544 ∫“∑ ∫“∑ ∫“∑ ∫“∑ §à“¢“¬ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥ §à“´◊ÈÕ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥

324,926,711 105,706,350 430,633,061

285,385,812 79,380,469 364,766,281

15,481,238 3,371,788 29,146,508 143,885,130 54,423,772 246,308,436

23,857,132 9,297,045 30,936,613 203,405,240 49,042,268 316,538,298

249,520,336 249,520,336

7,561,208 187,489,460 195,050,668

5,606,738 174,223,468 309,790,637 129,911,821 619,532,664

12,698,596 314,936,553 222,877,445 7,561,208 111,304,162 669,377,964

882,000 882,000

88,151 29,942,634 30,030,785

§à“‡™à“®à“¬ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ¥Õ°‡∫’È¬√—∫ (Õ—µ√“¥Õ°‡∫’È¬√âÕ¬≈– 7.5 µàÕªï ‰¡à¡’À≈—°ª√–°—π) ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ∫√‘…—∑ Õ«“µ“ ´‘ ‡µÁ¡ å §Õ√åªÕ‡√™—Ëπ

29,942,635 29,942,635

29,942,634 29,942,634

29,942,635 29,942,635

¥Õ°‡∫’È¬®à“¬ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ §à“π“¬Àπâ“®à“¬ ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥

7,242,628 20,840,757 17,119,825 20,840,757 24,362,453 ß∫°“√‡ß‘π√«¡

Annual Report 2002

KCE ELECTRONICS PCL

712,329 712,329

11,855,562 8,968,539 11,855,562 8,968,539 ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 2545 ∫“∑ ∫“∑

2545 ∫“∑ §à“¢“¬ ‘π∑√—æ¬å∂“«√ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ §à“´◊ÈÕ ‘π∑√—æ¬å∂“«√ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥ §à“„™â®à“¬ (√“¬‰¥â) Õ◊ËπÊ ∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ Õ‡¡√‘°“ Õ‘ß§å ®”°—¥ ∫√‘…—∑ ‡§´’Õ’ ‘ß§‚ª√å æ’∑’Õ’ ®”°—¥

2544 ∫“∑

13,293,973 4,493,000 17,786,973

3,446,366 56,051,098 59,497,464

1,080,160 1,080,160

1,359,000 6,599,293 859,500 8,817,793

35,374,901 2,880,553 38,255,454

15,498,679 183,538 15,682,217

26,262 (920,938) 22,096,601 1,723,937 22,925,862

259,044 1,157,234 (6,967,550) 15,495,670 183,538 10,127,936

°“√´◊ÈÕ·≈–°“√¢“¬ ‘π§â“‡ªìπ‰ªµ“¡√“§“µ≈“¥·≈–√“§“∑’Ëµ°≈ß°—π¢Õßß“π —Ëß∑”·µà≈–º≈‘µ¿—≥±å ¬°‡«âπ°“√´◊ÈÕ·≈–°“√¢“¬ «—µ∂ÿ¥‘∫°—∫∫√‘…—∑¬àÕ¬´÷Ëß‡ªìπ‰ª„π√“§“∑ÿπ ·≈–¡’‡ß◊ËÕπ‰¢‡°’Ë¬«°—∫°“√°”Àπ¥Õ—µ√“·≈°‡ª≈’Ë¬π„π°“√®à“¬™”√–Àπ’È√–À«à“ß°—π §à“π“¬Àπâ“‡ªìπ‰ªµ“¡√“§“µ≈“¥·≈–√“§“∑’ËµàÕ√Õß°—π¢Õßß“π —Ëß∑”·µà≈– ‘π§â“

17. §à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬¡’°“√∑”∏ÿ√°√√¡°—∫∫√‘…—∑∑’Ë¡’ªí≠À“„π°“√™”√–Àπ’È ·¬°µ“¡Õ“¬ÿÀπ’È ∑’Ë§â“ß™”√–‰¥â¥—ßπ’È (‰¡à ‰¥â√«¡∑ÿ°√“¬°“√¢Õß∫√‘…—∑√à«¡∑’Ë¡’ªí≠À“„π°“√™”√–Àπ’Èµ“¡∑’Ë°≈à“«„πÀ¡“¬‡Àµÿ¢âÕ 16) ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 31 ∏—π«“§¡ 2545 31 ∏—π«“§¡ 2544 31 ∏—π«“§¡ 2545 31 ∏—π«“§¡ 2544 ®”π«π√“¬ ®”π«π‡ß‘π ®”π«π√“¬ ®”π«π‡ß‘π ®”π«π√“¬ ®”π«π‡ß‘π ®”π«π√“¬ ®”π«π‡ß‘π ∫“∑ ∫“∑ ∫“∑ ∫“∑ ≈Ÿ°Àπ’È°“√§â“∫√‘…—∑∑’Ë‡°’Ë¬«¢âÕß°—π ¡“°°«à“ 12 ‡¥◊Õπ¢÷Èπ‰ª ≈Ÿ°Àπ’È°“√§â“∫√‘…—∑Õ◊Ëπ ¡“°°«à“ 3 ‡¥◊Õπ∂÷ß 6 ‡¥◊Õπ ¡“°°«à“ 6 ‡¥◊Õπ∂÷ß 9 ‡¥◊Õπ

2,998,784

10 1

1,652,738 160

6 5

3,265,800 234,214

6 1

1,231,447 160

3 2

2,977,323 140,404

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

ß∫°“√‡ß‘π√«¡ ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 31 ∏—π«“§¡ 2545 31 ∏—π«“§¡ 2544 31 ∏—π«“§¡ 2545 31 ∏—π«“§¡ 2544 ®”π«π√“¬ ®”π«π‡ß‘π ®”π«π√“¬ ®”π«π‡ß‘π ®”π«π√“¬ ®”π«π‡ß‘π ®”π«π√“¬ ®”π«π‡ß‘π ∫“∑ ∫“∑ ∫“∑ ∫“∑ ¡“°°«à“ 9 ‡¥◊Õπ∂÷ß 12 ‡¥◊Õπ 2 27,334 1 26,488 ¡“°°«à“ 12 ‡¥◊Õπ¢÷Èπ‰ª 1 49,958 10 1,441,847 1 49,958 8 322,235 1,730,190 4,941,861 1,308,053 3,439,962 ®”π«πÀπ’È∑’Ë¡’ªí≠À“ 4,728,974 7,940,645 4,306,837 6,438,746 ®”π«π§à“‡º◊ËÕÀπ’È ß —¬®– Ÿ≠ ∫√‘…∑— ∑’‡Ë °’¬Ë «¢âÕß°—π (¥ŸÀ¡“¬‡Àµÿ¢âÕ 16) (2,998,784) (2,998,784) (2,998,784) (2,998,784) ∫√‘…—∑Õ◊Ëπ (620,663) (1,254,806) (620,663) (135,193) (3,619,447) (4,253,590) (3,619,447) (3,133,977)

18. ∑ÿπ‡√◊ÕπÀÿâπ 18.1 «—π∑’Ë 27 µÿ≈“§¡ 2542 ∑’Ëª√–™ÿ¡«‘ “¡—≠ºŸâ∂◊ÕÀÿâπ¡’¡µ‘„ÀâÕÕ°„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®–´◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑®”π«π 1,500,000 Àπà«¬ ‚¥¬‡ πÕ¢“¬„Àâ·°à°√√¡°“√·≈–/À√◊Õæπ—°ß“π¢Õß∫√‘…—∑„π√“§“Àÿâπ≈– 0 ∫“∑ ·≈–„∫ ”§—≠· ¥ß ‘∑∏‘ 1 Àπà«¬ ¡’ ‘∑∏‘„π°“√®Õß´◊ÈÕÀÿâπ “¡—≠„À¡à 1 Àÿâπ „π√“§“‡∑à“°—∫√âÕ¬≈– 25 ¢Õß√“§“ªî¥∂—«‡©≈’Ë¬∂à«ßπÈ”Àπ—°¢ÕßÀÿâπ “¡—≠¢Õß∫√‘…—∑∑’Ë´◊ÈÕ¢“¬ „πµ≈“¥À≈—°∑√—æ¬å·Ààßª√–‡∑»‰∑¬ ≥ «—π∑’Ë ”π—°ß“π§≥–°√√¡°“√°”°—∫À≈—°∑√—æ¬å·≈–µ≈“¥À≈—°∑√—æ¬åÕπÿ¡—µ‘ ·µà ‰¡àµË”°«à“ 10 ∫“∑ √–¬–‡«≈“„™â ‘∑∏‘∑ÿ°«—π∑’Ë 15 ¢Õß‡¥◊Õπ¡’π“§¡ ¡‘∂ÿπ“¬π °—π¬“¬π ·≈–∏—π«“§¡¢Õß·µà≈–ªï ‚¥¬°”Àπ¥„Àâ„™â ‘∑∏‘¿“¬„π 5 ªï π—∫µ—Èß·µà «—π∑’ËÕÕ°„∫ ”§—≠· ¥ß ‘∑∏‘ 18.2 ‡¡◊ËÕ«—π∑’Ë 26 ‡¡…“¬π 2544 ∑’Ëª√–™ÿ¡„À≠à “¡—≠ºŸâ∂◊ÕÀÿâπ ¡’¡µ‘·°â ‰¢°“√ÕÕ°„∫ ”§—≠· ¥ß ‘∑∏‘∑’Ë®–´◊ÈÕÀÿâπ “¡—≠¢Õß∫√‘…—∑ ®”π«π 1.5 ≈â“πÀπà«¬ ®“°°“√‡ πÕ¢“¬„Àâ·°à°√√¡°“√·≈–/À√◊Õæπ—°ß“π¢Õß∫√‘…∑— ‡ªìπ°“√‡ πÕ¢“¬„Àâ·°à°√√¡°“√·≈–/À√◊Õæπ—°ß“π ¢Õß∫√‘…—∑·≈–/À√◊Õ∫√‘…—∑¬àÕ¬ 18.3 ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 ‰¥â¡’°“√„™â ‘∑∏‘µ“¡„∫ ”§—≠· ¥ß ‘∑∏‘ ®”π«π 140,000 Àπà«¬ ‡æ◊ËÕ´◊ÈÕÀÿâπ “¡—≠·≈â« „π√“§“ 25 ∫“∑µàÕÀÿâπ “¡—≠„À¡à 1 Àÿâπ ·≈–∫√‘…—∑‰¥â®¥∑–‡∫’¬π‡æ‘Ë¡∑ÿπ™”√–·≈â«®“° 300,900,000 ∫“∑ ‡ªìπ 302,300,000 ∫“∑ °—∫°√¡∑–‡∫’¬π°“√§â“·≈â« ‚¥¬ÕÕ°Àÿâπ “¡—≠„À¡à ®”π«π 140,000 Àÿâπ ¡Ÿ≈§à“Àÿâπ≈– 10.00 ∫“∑ ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ‰¥â¡’°“√„™â ‘∑∏‘µ“¡„∫ ”§—≠· ¥ß ‘∑∏‘®”π«π 597,000 Àπà«¬ ‡æ◊ËÕ´◊ÈÕÀÿâπ “¡—≠·≈â« „π√“§“ 25 ∫“∑µàÕÀÿâπ “¡—≠„À¡à 1 Àÿâπ ·≈–∫√‘…—∑‰¥â®¥∑–‡∫’¬π‡æ‘Ë¡∑ÿπ™”√–·≈â«®“° 302,300,000 ∫“∑ ‡ªìπ 308,270,000 ∫“∑ °—∫°√¡∑–‡∫’¬π°“√§â“·≈â« ‚¥¬ÕÕ°Àÿâπ “¡—≠„À¡à ®”π«π 597,000 Àÿâπ ¡Ÿ≈§à“Àÿâπ≈– 10.00 ∫“∑ 18.4 ‡¡◊ËÕ«—π∑’Ë 18 ¡°√“§¡ 2545 ∑’Ëª√–™ÿ¡«‘ “¡—≠ºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑¬àÕ¬ (∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ¡’¡µ‘æ‘‡»…„Àâ‡æ‘Ë¡∑ÿπ ®¥∑–‡∫’¬π®”π«π 100 ≈â“π∫“∑ ®“°∑ÿπ®¥∑–‡∫’¬π 600 ≈â“π∫“∑ ‡ªìπ∑ÿπ®¥∑–‡∫’¬π 700 ≈â“π∫“∑ ‚¥¬ÕÕ°Àÿâπ„À¡à 10 ≈â“πÀÿâπ ¡Ÿ≈§à“ Àÿâπ≈– 10.00 ∫“∑ ·≈–‰¥â¥”‡π‘π°“√®¥∑–‡∫’¬π‡æ‘Ë¡∑ÿπ°—∫ ”π—°ß“π∑–‡∫’¬πÀÿâπ à«π∫√‘…—∑ ‡¡◊ËÕ«—π∑’Ë 21 ¡°√“§¡ 2545 ∫√‘…—∑¬àÕ¬ ¥—ß°≈à“«‰¥â√—∫™”√–§à“Àÿâπ‡æ‘Ë¡∑ÿπ¥—ß°≈à“«§√∫∂â«π·≈â«®”π«π 100 ≈â“π∫“∑ ‡¡◊ËÕ«—π∑’Ë 11 ‡¡…“¬π 2545 ∑’Ëª√–™ÿ¡„À≠à “¡—≠ºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑¬àÕ¬¥—ß°≈à“« ¡’¡µ‘æ‘‡»…„Àâ‡æ‘Ë¡∑ÿπ®¥∑–‡∫’¬π®”π«π 200 ≈â“π∫“∑ ®“°∑ÿπ®¥∑–‡∫’¬π 700 ≈â“π∫“∑ ‡ªìπ∑ÿπ®¥∑–‡∫’¬π 900 ≈â“π∫“∑ ‚¥¬ÕÕ°Àÿâπ„À¡à 20 ≈â“πÀÿâπ ¡Ÿ≈§à“Àÿâπ≈– 10.00 ∫“∑ ·≈– ‰¥â¥”‡π‘π°“√®¥∑–‡∫’¬π‡æ‘Ë¡∑ÿπ°—∫ ”π—°ß“π∑–‡∫’¬πÀÿâπ à«π∫√‘…—∑ ‡¡◊ËÕ«—π∑’Ë 24 ‡¡…“¬π 2545 ∫√‘…—∑¬àÕ¬¥—ß°≈à“«‰¥â√—∫™”√–§à“Àÿâπ ‡æ‘Ë¡∑ÿπ¥—ß°≈à“«§√∫∂â«π·≈â«®”π«π 200 ≈â“π∫“∑ Annual Report 2002

KCE ELECTRONICS PCL

18.5 ®”π«πÀÿâπ “¡—≠∂—«‡©≈’Ë¬∂à«ßπÈ”Àπ—° ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑§”π«≥Àÿâπ “¡—≠∂—«‡©≈’Ë¬∂à«ßπÈ”Àπ—° ¥—ßπ’È ß∫°“√‡ß‘π√«¡·≈– ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ 2545 2544 Àÿâπ Àÿâπ 30,230,000 30,090,000

¬Õ¥¬°¡“µâπªï Àÿâπ„À¡à∑’ËÕÕ°√–À«à“ßªï (597,000 Àÿâπ „πªï 2545 ·≈– 140,000 Àÿâπ „πªï 2544) ®”π«πÀÿâπ “¡—≠∂—«‡©≈’Ë¬∂à«ßπÈ”Àπ—° „∫ ”§—≠· ¥ß ‘∑∏‘§ß‡À≈◊Õ (0.67 ≈â“πÀÿâπ „πªï 2545 ·≈– 1.27 ≈â“πÀÿâπ „πªï 2544) ®”π«πÀÿâπ “¡—≠∂—«‡©≈’Ë¬∂à«ßπÈ”Àπ—°ª√—∫≈¥

325,156 30,555,156

69,041 30,159,041

375,541 30,930,697

598,895 30,757,936

19. °“√‡ πÕ¢âÕ¡Ÿ≈∑“ß°“√‡ß‘π®”·π°µ“¡ à«πß“π ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬¥”‡π‘π°‘®°“√„π à«πß“π §◊Õ °“√º≈‘µ·≈–®”Àπà“¬º≈‘µ¿—≥±å·ºß«ß®√Õ‘‡≈Á°∑√Õπ‘° å æ√’‡æ°·≈–≈“¡‘‡πµ √“¬°“√√–À«à“ß°—π§◊Õ§à“¢“¬æ√’‡æ°·≈–≈“¡‘‡πµ¢Õß∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ „Àâ°—∫∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ Õß·Ààß (∫√‘…∑— ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—πË ·π≈ ®”°—¥ ·≈–∫√‘…∑— ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ´÷ßË √“§“¢“¬‡ªìπ‰ªµ“¡√“§“µ≈“¥ ‚¥¬®”·π°µ“¡¿Ÿ¡»‘ “ µ√å ¢âÕ¡Ÿ≈∑“ß°“√‡ß‘π‡°’Ë¬«°—∫°“√¥”‡π‘πß“π¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬®”·π°µ“¡¿Ÿ¡‘»“ µ√å ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ¡’¥—ßπ’È ”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2545 ∏ÿ√°‘® æ√’‡æ° ·≈–≈“¡‘‡πµ ∫“∑ √“¬‰¥â √“¬‰¥â®“°°“√¢“¬ √“¬‰¥âÕπ◊Ë À—° √“¬°“√√–À«à“ß°—π √«¡√“¬‰¥â °”‰√°àÕπ¿“…’‡ß‘π‰¥â À—° ¿“…’‡ß‘π‰¥â

428,822,647 7,196,083 436,018,730 51,757,681 (8,353,735) 43,403,946

∏ÿ√°‘®·ºß«ß®√Õ‘‡≈Á°∑√Õπ‘° å Õ‡¡√‘°“ ∫“∑

¬ÿ‚√ª ∫“∑

859,336,436 2,004,738,680 859,336,436 2,004,738,680

‡Õ‡™’¬ ∫“∑

√«¡ √«¡ ∫“∑

∫“∑

755,253,851 3,619,328,967 4,048,151,614 108,867,623 116,063,706 (428,822,647) (428,822,647) 755,253,851 3,299,373,943 3,735,392,673 132,209,890 183,967,571 (20,537,345) (28,891,080) 111,672,545 155,076,491

À—° à«π¢ÕßºŸâ∂◊ÕÀÿâπ à«ππâÕ¬„π°”‰√ ÿ∑∏‘√«¡ °”‰√ ÿ∑∏‘

(7,036,302) 148,040,189 √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

∏ÿ√°‘® æ√’‡æ° ·≈–≈“¡‘‡πµ

‘π∑√—æ¬å∑’Ë„™â „π à«πß“π ‘π∑√—æ¬å à«π°≈“ß ‘π∑√—æ¬å√«¡

∫“∑ 279,054,251 214,610,659 493,664,910

∏ÿ√°‘®·ºß«ß®√Õ‘‡≈Á°∑√Õπ‘° å Õ‡¡√‘°“ ∫“∑ -

¬ÿ‚√ª ∫“∑ -

‡Õ‡™’¬ ∫“∑ -

√«¡ √«¡ ∫“∑ ∫“∑ 3,320,937,936 3,599,992,187 1,968,612,053 2,183,222,712 5,289,549,989 5,783,214,899

”À√—∫ªï ‘Èπ ÿ¥«—π∑’Ë 31 ∏—π«“§¡ 2544 ∏ÿ√°‘® æ√’‡æ° ·≈–≈“¡‘‡πµ ∫“∑ √“¬‰¥â √“¬‰¥â®“°°“√¢“¬ √“¬‰¥âÕπ◊Ë À—° √“¬°“√√–À«à“ß°—π √«¡√“¬‰¥â °”‰√°àÕπ¿“…’‡ß‘π‰¥â À—° ¿“…’‡ß‘π‰¥â À—° à«π¢ÕßºŸâ∂◊ÕÀÿâπ à«ππâÕ¬ „π°”‰√ ÿ∑∏‘√«¡ °”‰√ ÿ∑∏‘ ‘π∑√—æ¬å∑’Ë„™â „π à«πß“π ‘π∑√—æ¬å à«π°≈“ß ‘π∑√—æ¬å√«¡

506,188,709 2,715,247 508,903,956 18,572,304 (640,276) 17,932,028

233,925,663 275,449,884 509,375,547

∏ÿ√°‘®·ºß«ß®√Õ‘‡≈Á°∑√Õπ‘° å Õ‡¡√‘°“ ∫“∑

¬ÿ‚√ª ∫“∑

831,341,417 2,188,405,876 831,341,417 2,188,405,876

‡Õ‡™’¬ ∫“∑

√«¡ √«¡ ∫“∑

∫“∑

481,812,433 3,501,559,726 4,007,748,435 71,005,020 73,720,267 (506,188,709) (506,188,709) 481,812,433 3,066,376,037 3,575,279,993 6,340,036 24,912,340 (15,488,219) (16,128,495) (9,148,183) 8,783,845

(5,550,660) 3,233,185 2,799,450,369 3,033,376,032 1,428,038,566 1,703,488,450 4,227,488,935 4,736,864,482

20. Àπ’È ‘π∑’ËÕ“®‡°‘¥¢÷Èπ ¿“√–ºŸ°æ—π·≈–«ß‡ß‘π ‘π‡™◊ËÕ∫“ß à«π∑’Ë¬—ß‰¡à ‰¥â „™â 20.1 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬∑—ÈßÀ¡¥ (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥ ∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥ ·≈–∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ¡’Àπ’È ‘π∑’ËÕ“®‡°‘¥¢÷Èπ®“°°“√„Àâ∏π“§“√ÕÕ°Àπ—ß ◊Õ §È”ª√–°—π‡ªìπ®”π«π‡ß‘π 27.06 ≈â“π∫“∑ ·≈–®”π«π 26.93 ≈â“π∫“∑ µ“¡≈”¥—∫ 20.2 ∫√‘…∑— ·≈–∫√‘…∑— ¬àÕ¬¡’‡≈µ‡µÕ√åÕÕø‡§√¥‘µ∑’¬Ë ß— ‰¡à ‰¥â„™â‡ªìπ®”π«π‡ß‘πª√–¡“≥ 2,110.79 ≈â“π∫“∑ ·≈– 32.41 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈–®”π«π‡ß‘πª√–¡“≥ 2,458.71 ≈â“π∫“∑ ·≈– 41.04 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 20.3 ∫√‘…—∑¡’Àπ’È ‘π∑’ËÕ“®‡°‘¥¢÷Èπ®“°°“√§È”ª√–°—π«ß‡ß‘π°Ÿâ¬◊¡·≈–«ß‡ß‘π ‘π‡™◊ËÕ∑ÿ°ª√–‡¿∑¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ‡ªìπ®”π«π‡ß‘π 720.71 ≈â“π∫“∑ ·≈– 6.25 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– ‡ªìπ®”π«π‡ß‘π 762.08 ≈â“π∫“∑ ·≈– 1.25 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 Annual Report 2002

KCE ELECTRONICS PCL

20.4 ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ¡’Àπ’È ‘π∑’ËÕ“®‡°‘¥¢÷Èπ®“°°“√§È”ª√–°—π‡ß‘π°Ÿâ¬◊¡·≈–«ß‡ß‘π ‘π‡™◊ËÕ∑ÿ°ª√–‡¿∑¢Õß∫√‘…—∑‡ªìπ®”π«π‡ß‘πª√–¡“≥ 475.31 ≈â“π∫“∑ ·≈– 2 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– ®”π«π‡ß‘πª√–¡“≥ 723.46 ≈â“π∫“∑ ·≈– 2 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 20.5 ∫√‘…∑— ¡’Àπ’ È π‘ ∑’ÕË “®‡°‘¥¢÷πÈ ®“°°“√§È”ª√–°—π«ß‡ß‘π°Ÿ¬â ¡◊ ·≈–«ß‡ß‘π ‘π‡™◊ÕË ∑ÿ°ª√–‡¿∑¢Õß∫√‘…∑— ¬àÕ¬·ÀàßÀπ÷ßË (∫√‘…∑— ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ‡ªìπ®”π«π‡ß‘π 2,490 ≈â“π∫“∑ ·≈– 50 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈–®”π«π‡ß‘π 2,160 ≈â“π∫“∑ ·≈– 41.50 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 20.6 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ¡’Àπ’È ‘π∑’ËÕ“®‡°‘¥¢÷Èπ®“°°“√§È”ª√–°—π ‡ß‘π°Ÿâ¬◊¡·≈–«ß‡ß‘π ‘π‡™◊ËÕ∑ÿ°ª√–‡¿∑¢Õß∫√‘…—∑¬àÕ¬Õ’°·ÀàßÀπ÷Ëß (∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥) ‡ªìπ®”π«π‡ß‘π 155 ≈â“π∫“∑ ·≈– 3 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈–‡ªìπ®”π«π‡ß‘π 195 ≈â“π∫“∑ ·≈– 3 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 20.7 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥) ¡’Àπ’È ‘π ∑’ËÕ“®‡°‘¥¢÷Èπ®“°°“√§È”ª√–°—π‡ß‘π°Ÿâ¬◊¡¢Õß∫√‘…—∑¬àÕ¬Õ’°·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ‡ªìπ®”π«π 10 ≈â“π∫“∑ ·≈– 5 ≈â“π¥Õ≈≈“√å À√—∞ 20.8 ∫√‘…—∑¡’Àπ’È ‘π∑’ËÕ“®‡°‘¥¢÷Èπ®“°°“√§È”«ß‡ß‘π ‘π‡™◊ËÕ¢Õß∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥) ‡ªìπ®”π«π‡ß‘π 463 ≈â“π∫“∑ ·≈– 19.4 ≈â“π¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈–®”π«π‡ß‘π 63 ≈â“π∫“∑ ·≈– 3.9 ≈â“π ¥Õ≈≈“√å À√—∞ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2544 20.9 ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ‡√Õ√å ®”°—¥) ¡’¿“√–Àπ’È ‘π®“°°“√ ∑” —≠≠“°àÕ √â“ß à«π¢¬“¬‚√ßß“π°—∫∫√‘…∑— ·ÀàßÀπ÷ßË ‡ªìπ®”π«π‡ß‘πª√–¡“≥ 7.95 ≈â“π∫“∑ ´÷ßË —≠≠“¥—ß°≈à“«®– √â“ß‡ √Á®¿“¬„πªï 2546

21. ‘∑∏‘·≈–Àπâ“∑’Ë „π°“√√—∫ àß‡ √‘¡°“√≈ß∑ÿπ 21.1 ∫√‘…∑— ‰¥â√∫— ‘∑∏‘ª√–‚¬™πå∫“ßª√–°“√„π∞“π–ºŸâ ‰¥â√∫— °“√ àß‡ √‘¡°“√≈ß∑ÿπµ“¡æ√–√“™∫—≠≠—µ ‘ ßà ‡ √‘¡°“√≈ß∑ÿπ æ.». 2520 ´÷Ëß√«¡∂÷ß°“√¬°‡«âπÕ“°√¢“‡¢â“ ”À√—∫‡§√◊ËÕß®—°√µ“¡∑’Ë§≥–°√√¡°“√æ‘®“√≥“Õπÿ¡—µ‘ ·≈–‰¥â√—∫¬°‡«âπ¿“…’‡ß‘π‰¥âπ‘µ‘∫ÿ§§≈ ”À√—∫ °”‰√ ÿ∑∏‘‡ªìπ√–¬–‡«≈“ 3 ªï π—∫µ—Èß·µà«—π∑’Ë 1 ¡°√“§¡ 2539 ”À√—∫∫—µ√ àß‡ √‘¡‡≈¢∑’Ë 1292/2539 ¬°‡«âπÕ“°√¢“‡¢â“ ”À√—∫ ‡§√◊ËÕß®—°√µ“¡∑’Ë§≥–°√√¡°“√æ‘®“√≥“Õπÿ¡—µ‘ ·≈–‰¥â√—∫¬°‡«âπ¿“…’‡ß‘π‰¥âπ‘µ‘∫ÿ§§≈ ”À√—∫°”‰√ ÿ∑∏‘‡ªìπ√–¬–‡«≈“ 3 ªï π—∫µ—Èß·µà «—π∑’Ë 8 ‘ßÀ“§¡ 2541 ”À√—∫∫—µ√ àß‡ √‘¡‡≈¢∑’Ë 1062/2541 ·≈–‰¥â√—∫¬°‡«âπ¿“…’‡ß‘π‰¥âπ‘µ‘∫ÿ§§≈ ”À√—∫°”‰√ ÿ∑∏‘‡ªìπ√–¬–‡«≈“ 3 ªï π—∫µ—Èß·µà«—π∑’Ë 2 ¡‘∂ÿπ“¬π 2543 ”À√—∫∫—µ√ àß‡ √‘¡‡≈¢∑’Ë 1065/2543 21.2 ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§ ´’ Õ’ Õ‘π‡µÕ√å‡π™—Ëπ·π≈ ®”°—¥) ‰¥â√—∫ ‘∑∏‘ª√–‚¬™πå∫“ßª√–°“√„π∞“π–ºŸâ ‰¥â√—∫°“√ àß‡ √‘¡ °“√≈ß∑ÿπµ“¡æ√–√“™∫—≠≠—µ‘ àß‡ √‘¡°“√≈ß∑ÿπ æ.». 2520 ´÷Ëß√«¡∂÷ß°“√¬°‡«âπÕ“°√¢“‡¢â“ ”À√—∫‡§√◊ËÕß®—°√µ“¡∑’Ë§≥–°√√¡°“√ æ‘®“√≥“Õπÿ¡—µ‘·≈–‰¥â√—∫¬°‡«âπ¿“…’‡ß‘π‰¥âπ‘µ‘∫ÿ§§≈ ”À√—∫°”‰√ ÿ∑∏‘‡ªìπ√–¬–‡«≈“ 3 ªï π—∫µ—Èß·µà«—π∑’Ë 13 µÿ≈“§¡ 2542 ”À√—∫ ∫—µ√ àß‡ √‘¡‡≈¢∑’Ë 1015/2542 πÕ°®“°π’ÈºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑®—°‰¥â√—∫ª√–‚¬™πå®“°°“√‰¥â√—∫¬°‡«âπ¿“…’‡ß‘π‰¥â ”À√—∫‡ß‘πªíπº≈∑’Ë®–‰¥â√—∫ ®“°∫√‘…—∑µ≈Õ¥‡«≈“∑’Ë∫√‘…—∑‰¥â√—∫°“√¬°‡«âπ¿“…’‡ß‘π‰¥âπ‘µ‘∫ÿ§§≈Õ’°ª√–°“√Àπ÷Ëß¥â«¬ 21.3 ∫√‘…—∑¬àÕ¬Õ’°·ÀàßÀπ÷Ëß (∫√‘…—∑ ‰∑¬≈“¡‘‡πµ ·¡πŸ·ø§‡®Õ√å‡√Õ√å ®”°—¥) ‰¥â√—∫ ‘∑∏‘ª√–‚¬™πå∫“ßª√–°“√„π∞“π–ºŸâ ‰¥â√—∫ °“√ àß‡ √‘¡°“√≈ß∑ÿπµ“¡æ√–√“™∫—≠≠—µ‘ àß‡ √‘¡°“√≈ß∑ÿπ æ.». 2520 ´÷Ëß√«¡∂÷ß°“√¬°‡«âπÕ“°√¢“‡¢â“ ”À√—∫‡§√◊ËÕß®—°√µ“¡∑’Ë §≥–°√√¡°“√æ‘®“√≥“Õπÿ¡—µ‘ ·≈–‰¥â√—∫¬°‡«âπ¿“…’‡ß‘π‰¥âπ‘µ‘∫ÿ§§≈ ”À√—∫°”‰√ ÿ∑∏‘‡ªìπ√–¬–‡«≈“ 3 ªï π—∫µ—Èß·µà«—π∑’Ë 16 ¡°√“§¡ 2540 ”À√—∫∫—µ√ àß‡ √‘¡‡≈¢∑’Ë 1618/2538 ·≈–‰¥â√∫— ¬°‡«âπ¿“…’‡ß‘π‰¥âπµ‘ ∫‘ §ÿ §≈ ”À√—∫°”‰√ ÿ∑∏‘‡ªìπ√–¬–‡«≈“ 3 ªï π—∫µ—ßÈ ·µà«π— ∑’Ë 3 æƒ»®‘°“¬π 2544 ”À√—∫∫—µ√ àß‡ √‘¡‡≈¢∑’Ë 1099/2544 √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

21.4 ≥ «—π∑’Ë 5 ‡¡…“¬π 2543 ∫√‘…—∑¬àÕ¬·ÀàßÀπ÷Ëß (∫√‘…—∑ ‡§´’Õ’ ‡∑§‚π‚≈¬’ ®”°—¥) ‰¥â√—∫ ‘∑∏‘ª√–‚¬™πå∫“ßª√–°“√„π∞“π– ºŸâ ‰¥â√—∫°“√ àß‡ √‘¡°“√≈ß∑ÿπµ“¡æ√–√“™∫—≠≠—µ‘ àß‡ √‘¡°“√≈ß∑ÿπ æ.». 2520 ´÷Ëß√«¡∂÷ß°“√‰¥â√—∫¬°‡«âπÕ“°√¢“‡¢â“ ”À√—∫‡§√◊ËÕß®—°√ µ“¡∑’Ë§≥–°√√¡°“√æ‘®“√≥“Õπÿ¡—µ‘‰¥â√—∫¬°‡«âπÕ“°√¢“‡¢â“ ”À√—∫«—µ∂ÿ¥‘∫·≈–«— ¥ÿ®”‡ªìπ∑’ËµâÕßπ”‡¢â“®“°µà“ßª√–‡∑» ‡æ◊ËÕ„™â „π °“√º≈‘µ‡æ◊ËÕ°“√ àßÕÕ°‡ªìπ√–¬–‡«≈“ 1 ªï π—∫·µà«—ππ”‡¢â“§√—Èß·√°·≈–‰¥â√—∫¬°‡«âπ¿“…’‡ß‘π‰¥âπ‘µ‘∫ÿ§§≈ ”À√—∫°”‰√ ÿ∑∏‘‡ªìπ√–¬–‡«≈“ 7 ªï π—∫·µà«—π∑’Ë‡√‘Ë¡¡’√“¬‰¥â®“°°“√ª√–°Õ∫°‘®°“√∑’Ë ‰¥â√—∫°“√ àß‡ √‘¡ ·≈–ºŸâ∂◊ÕÀÿâπ¢Õß∫√‘…—∑¥—ß°≈à“«®—°‰¥â√—∫ª√–‚¬™πå®“°°“√‰¥â√—∫ ¬°‡«âπ¿“…’‡ß‘π‰¥â ”À√—∫‡ß‘πªíπº≈∑’Ë®–‰¥â√—∫®“°∫√‘…—∑µ≈Õ¥‡«≈“∑’Ë∫√‘…—∑‰¥â√—∫°“√¬°‡«âπ¿“…’‡ß‘π‰¥âπ‘µ‘∫ÿ§§≈Õ’°ª√–°“√Àπ÷Ëß¥â«¬ πÕ°®“°π’È∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬‰¥â√—∫Õπÿ≠“µ„ÀâÀ—°‡ß‘π‰¥âæ÷ßª√–‡¡‘π‡ªìπ®”π«π‡∑à“°—∫√âÕ¬≈– 5 ¢Õß√“¬‰¥â∑’Ë‡æ‘Ë¡¢÷Èπ®“° ªï°àÕπ®“°°“√ àßÕÕ°‡ªìπ√–¬–‡«≈“ 10 ªï π—∫·µà«—π∑’Ë¡’√“¬‰¥â®“°°“√ª√–°Õ∫°‘®°“√∑’Ë ‰¥â√—∫°“√ àß‡ √‘¡ ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬®÷ßµâÕßªØ‘∫—µ‘µ“¡‡ß◊ËÕπ‰¢µà“ßÊ ∑’Ë°”Àπ¥‰«â„π∫—µ√ àß‡ √‘¡°“√≈ß∑ÿπ 21.5 √“¬‰¥â∑’Ë ‰¥â√—∫°“√ àß‡ √‘¡°“√≈ß∑ÿπ √“¬‰¥âµ“¡ª√–¡«≈√—…Æ“°√∑’Ë ‰¥â√—∫°“√ àß‡ √‘¡°“√≈ß∑ÿπª√–°Õ∫¥â«¬ ß∫°“√‡ß‘π√«¡

√“¬‰¥â √“¬‰¥â®“°°“√¢“¬ ‘π§â“ àßÕÕ° √“¬‰¥â®“°°“√¢“¬ ‘π§â“„πª√–‡∑» √“¬‰¥â¥Õ°‡∫’È¬ √“¬‰¥âÕπ◊Ë √«¡√“¬‰¥â

Annual Report 2002

∏ÿ√°‘®∑’Ë ‰¥â√∫— °“√ àß‡ √‘¡ ∫“∑

2545 ∏ÿ√°‘®∑’Ë ‰¡à ‰¥â√∫— °“√ àß‡ √‘¡ ∫“∑

2,631,803,874 105,572,341 1,754,557 55,110,124 2,794,240,896

1,629,931,869 82,529,794 29,992,222 38,619,045 1,781,072,930

∏ÿ√°‘®∑’Ë ‰¥â√∫— °“√ àß‡ √‘¡ ∫“∑

2544 ∏ÿ√°‘®∑’Ë ‰¡à ‰¥â√∫— °“√ àß‡ √‘¡ ∫“∑

2,589,367,468 58,149,856 2,250,219 26,523,945 2,676,291,488

1,569,644,652 74,597,268 32,862,239 25,476,584 1,702,580,743

KCE ELECTRONICS PCL

¬Õ¥√«¡ ∫“∑ 4,261,735,743 188,102,135 31,746,779 93,729,169 4,575,313,826

¬Õ¥√«¡ ∫“∑ 4,159,012,120 132,747,124 35,112,458 52,000,529 4,378,872,231

ß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑

∏ÿ√°‘®∑’Ë ‰¥â√∫— °“√ àß‡ √‘¡ ∫“∑

2545 ∏ÿ√°‘®∑’Ë ‰¡à ‰¥â√∫— °“√ àß‡ √‘¡ ∫“∑

861,908,775 44,333,216 474,085 14,199,460 920,915,536

847,610,231 40,254,584 29,944,796 22,268,085 940,077,696

∏ÿ√°‘®∑’Ë ‰¥â√∫— °“√ àß‡ √‘¡ ∫“∑

2544 ∏ÿ√°‘®∑’Ë ‰¡à ‰¥â√∫— °“√ àß‡ √‘¡ ∫“∑

1,523,271,959 15,865,898 1,778,028 24,797,337 1,565,713,222

521,306,943 49,884,440 30,034,020 9,312,146 610,537,549

¬Õ¥√«¡ ∫“∑ 1,709,519,006 84,587,800 30,418,881 36,467,545 1,860,993,232

¬Õ¥√«¡ ∫“∑ 2,044,578,902 65,750,338 31,812,048 34,109,483 2,176,250,771

22. °“√‡ªî¥‡º¬¢âÕ¡Ÿ≈‡°’Ë¬«°—∫µ√“ “√∑“ß°“√‡ß‘π 22.1 π‚¬∫“¬°“√∫—≠™’ π‚¬∫“¬°“√∫—≠™’∑’Ë ”§—≠‰¥â‡ªî¥‡º¬‰«â„πÀ¡“¬‡Àµÿ¢âÕ 4 22.2 §«“¡‡ ’Ë¬ß®“°°“√‰¡àªØ‘∫—µ‘µ“¡ —≠≠“ §«“¡‡ ’¬Ë ß®“°°“√‰¡àªØ‘∫µ— µ‘ “¡ —≠≠“‡°‘¥®“°°“√∑’§Ë Ÿà ≠ — ≠“‰¡àªØ‘∫µ— µ‘ “¡¢âÕ°”Àπ¥„π —≠≠“´÷ßË °àÕ„Àâ‡°‘¥§«“¡‡ ’¬À“¬·°à ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬¡’§«“¡‡ ’Ë¬ß‡°’Ë¬«°—∫°“√„Àâ ‘π‡™◊ËÕ´÷Ëß‡°‘¥®“°≈Ÿ°Àπ’È°“√§â“‰¡à¡“° ‡π◊ËÕß®“°≈Ÿ°§â“¢Õß∫√‘…—∑ ·≈–∫√‘…—∑¬àÕ¬¡’ª√–«—µ‘¢Õß°“√™”√–Àπ’È∑’Ë¡’ªí≠À“πâÕ¬¡“° §«“¡‡ ’¬Ë ß‡°’¬Ë «°—∫°“√°√–®ÿ°µ—«¢Õß ‘π‡™◊ÕË ´÷ßË ‡°‘¥®“°≈Ÿ°Àπ’°È “√§â“Õ¬Ÿà„π√–¥—∫µË” ‡π◊ÕË ß®“°≈Ÿ°Àπ’¢È Õß∫√‘…∑— ·≈–∫√‘…∑— ¬àÕ¬ °√–®“¬Õ¬Ÿà∑—Ë«‰ª ”À√—∫ ‘π∑√—æ¬å∑“ß°“√‡ß‘π∑’·Ë ¥ß„πß∫¥ÿ≈√“§“µ“¡∫—≠™’¢Õß ‘π∑√—æ¬åÀ≈—ß®“°À—°§à“‡º◊ÕË Àπ’ È ß —¬®– Ÿ≠∂◊Õ‡ªìπ¡Ÿ≈§à“ Ÿß ÿ¥ ¢Õß§«“¡‡ ’Ë¬ß∑’Ë‡°‘¥®“°°“√‰¡àªØ‘∫—µ‘µ“¡ —≠≠“¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

22.3 §«“¡‡ ’Ë¬ß‡°’Ë¬«°—∫Õ—µ√“¥Õ°‡∫’È¬ §«“¡‡ ’Ë¬ß‡°’Ë¬«°—∫Õ—µ√“¥Õ°‡∫’È¬‡°‘¥®“°°“√∑’ËÕ—µ√“¥Õ°‡∫’È¬®–‡ª≈’Ë¬π·ª≈ß‰ª ´÷Ëß°àÕ„Àâ‡°‘¥º≈‡ ’¬À“¬·°à∫√‘…—∑·≈– ∫√‘…∑— ¬àÕ¬„πß«¥ªí®®ÿ∫π— ·≈–ß«¥µàÕÊ ‰ª ´÷ßË ∫√‘…∑— ·≈–∫√‘…∑— ¬àÕ¬§“¥«à“º≈°√–∑∫®“°Õ—µ√“¥Õ°‡∫’¬È ∑’ÕË “®®–‡ª≈’¬Ë π·ª≈ß Ÿß¢÷πÈ „πÕπ“§µ Õ“®¡’ “√– ”§—≠µàÕ¥Õ°‡∫’È¬®à“¬ 22.4 §«“¡‡ ’Ë¬ß®“°Õ—µ√“·≈°‡ª≈’Ë¬π §«“¡‡ ’¬Ë ß®“°Õ—µ√“·≈°‡ª≈’¬Ë π‡°‘¥®“°°“√‡ª≈’¬Ë π·ª≈ß¢ÕßÕ—µ√“·≈°‡ª≈’¬Ë π‡ß‘πµ√“µà“ßª√–‡∑» ´÷ßË °àÕ„Àâ‡°‘¥º≈‡ ’¬À“¬ ·°à∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬„πß«¥ªí®®ÿ∫—π·≈–„πß«¥µàÕÊ ‰ª ´÷Ëß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬§“¥«à“º≈°√–∑∫®“°Õ—µ√“·≈°‡ª≈’Ë¬π‡ß‘πµ√“ µà“ßª√–‡∑»∑’ËÕ“®‡ª≈’Ë¬π·ª≈ß„πÕπ“§µ ´÷Ëß¡’º≈µàÕ√“¬°“√´◊ÈÕ·≈–√“¬°“√¢“¬„π °ÿ≈‡ß‘πµ√“µà“ßª√–‡∑» Õ“®¡’ “√– ”§—≠µàÕ º≈°“√¥”‡π‘πß“π¢Õß∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ Õ¬à“ß‰√°Áµ“¡∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬ ‰¥â∑” —≠≠“ªÑÕß°—π§«“¡‡ ’Ë¬ß ”À√—∫Àπ’È ‘π∑’Ë‡ªìπ ‡ß‘πµ√“µà“ßª√–‡∑»∫“ß à«π (¥ŸÀ¡“¬‡Àµÿ¢âÕ 8) 22.5 √“§“¬ÿµ‘∏√√¡¢Õßµ√“ “√∑“ß°“√‡ß‘π ¡“µ√∞“π°“√∫—≠™’©∫—∫∑’Ë 48 ‡√◊ËÕß °“√· ¥ß√“¬°“√·≈–°“√‡ªî¥‡º¬¢âÕ¡Ÿ≈ ”À√—∫‡§√◊ËÕß¡◊Õ∑“ß°“√‡ß‘π°”Àπ¥„Àâ‡ªî¥‡º¬ ¡Ÿ≈§à“¬ÿµ‘∏√√¡ ´÷ËßµâÕß„™â¥ÿ≈¬æ‘π‘®„π°“√ª√–¡“≥¡Ÿ≈§à“¬ÿµ‘∏√√¡ ¥—ßπ—Èπ ¡Ÿ≈§à“¬ÿµ‘∏√√¡∑’Ëª√–¡“≥¢÷Èπ∑’Ë‡ªî¥‡º¬„πÀ¡“¬‡Àµÿª√–°Õ∫ ß∫°“√‡ß‘ππ’È®÷ß‰¡à®”‡ªìπµâÕß∫àß™’È∂÷ß®”π«π‡ß‘π ´÷Ëß‡°‘¥¢÷Èπ®√‘ß„π°“√·≈°‡ª≈’Ë¬π„πµ≈“¥ªí®®ÿ∫—π ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ‘π∑√—æ¬å∑“ß°“√‡ß‘π·≈–Àπ’È ‘π∑“ß°“√‡ß‘π∑’Ë¡’¡Ÿ≈§à“µ“¡∑’Ëª√“°Ø„πß∫°“√‡ß‘π ·µ°µà“ß®“°¡Ÿ≈§à“¬ÿµ‘∏√√¡ ¡’¥—ßµàÕ‰ªπ’È Àπà«¬ : ≈â“π∫“∑

ß∫°“√‡ß‘π√«¡ 31 ∏—π«“§¡ 2545 31 ∏—π«“§¡ 2544 √“§“µ“¡ ¡Ÿ≈§à“ √“§“µ“¡ ¡Ÿ≈§à“ ∫—≠™’ ¬ÿµ‘∏√√¡ ∫—≠™’ ¬ÿµ‘∏√√¡ 11.83 11.84 51.12 51.33

≈Ÿ°Àπ’È —≠≠“´◊ÈÕ‡ß‘πµ√“µà“ßª√–‡∑»≈à«ßÀπâ“- ÿ∑∏‘

∫√‘…—∑‰¡à¡’ —≠≠“´◊ÈÕ¢“¬‡ß‘πµ√“µà“ßª√–‡∑»§ß‡À≈◊Õ„πß∫°“√‡ß‘π‡©æ“–¢Õß∫√‘…—∑ ≥ «—π∑’Ë 31 ∏—π«“§¡ 2545 ·≈– 2544 ∫√‘…—∑·≈–∫√‘…—∑¬àÕ¬„™â«‘∏’°“√·≈–¢âÕ ¡¡µ‘∞“π¥—ßµàÕ‰ªπ’È „π°“√ª√–¡“≥√“§“¬ÿµ‘∏√√¡¢Õßµ√“ “√∑“ß°“√‡ß‘π ‡ß‘π ¥·≈–‡ß‘πΩ“°∏π“§“√ ‡ß‘π≈ß∑ÿπ√–¬– —Èπ ≈Ÿ°Àπ’È°“√§â“·≈–‡®â“Àπ’È°“√§â“¡’√“§“¬ÿµ‘∏√√¡‡∑à“°—∫√“§“µ“¡∫—≠™’ ‚¥¬ª√–¡“≥ ‡ß‘π≈ß∑ÿπ„πÀ≈—°∑√—æ¬å®¥∑–‡∫’¬π √“§“¬ÿµ‘∏√√¡∂◊Õµ“¡√“§“∑’Ë´◊ÈÕ¢“¬°—π„πµ≈“¥ ”À√—∫‡ß‘π≈ß∑ÿπ„πÀ≈—°∑√—æ¬å∑’Ë¡‘„™à À≈—°∑√—æ¬å®¥∑–‡∫’¬π√“§“¬ÿµ‘∏√√¡ª√–¡“≥®“°¡Ÿ≈§à“ ‘π∑√—æ¬å ÿ∑∏‘ ‚¥¬„™â¢âÕ¡Ÿ≈®“°ß∫°“√‡ß‘π≈à“ ÿ¥‡∑à“∑’Ë¡’¢Õß∫√‘…—∑π—Èπ ‡ß‘π‡∫‘°‡°‘π∫—≠™’·≈–‡ß‘π°Ÿâ¬◊¡®“° ∂“∫—π°“√‡ß‘π ´÷Ëß¡’Õ—µ√“¥Õ°‡∫’È¬≈Õ¬µ—«√“§“¬ÿµ‘∏√√¡∂◊Õ√“§“µ“¡∫—≠™’

23. ‡Àµÿ°“√≥å ”§—≠¿“¬À≈—ß«—π ‘Èπß«¥ ≥ «—π∑’Ë 16 ¡°√“§¡ 2546 ∫√‘…—∑‰¥â∑” —≠≠“®–´◊ÈÕ®–¢“¬‡æ◊ËÕ´◊ÈÕ∑’Ë¥‘π°—∫∏π“§“√·ÀàßÀπ÷Ëß‡ªìπ®”π«π‡ß‘π 60 ≈â“π∫“∑

Annual Report 2002

KCE ELECTRONICS PCL

REPORT OF THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS KCE ELECTRONICS PUBLIC COMPANY LIMITED AND SUBSIDIARIES

TO THE SHAREHOLDERS AND BOARD OF DIRECTORS KCE ELECTRONICS PUBLIC COMPANY LIMITED

We have audited the consolidated balance sheet of KCE Electronics Public Company Limited and subsidiaries and the balance sheet of KCE Electronics Public Company Limited as at December 31, 2002, and the related consolidated and the Companyûs statements of income, changes in shareholdersû equity and cash flows for the year then ended. These financial statements are the responsibility of the Companyûs management as to their correctness and completeness of the presentation. Our responsibility is to express an opinion on these financial statements based on our audit. The consolidated and the Companyûs financial statements for the year ended December 31, 2001 (before the adjustments referred to in paragraphs four and five) were audited by another auditor of the same firm, whose report thereon dated February 11, 2002 expressed an unqualified opinion and there was an emphasis of a matter paragraph that as at June 30, 2001, the Company and its two subsidiary companies had changed their accounting policy for property, plant and equipment from revaluation method to cost method. We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance as to whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the aforementioned consolidated and the Companyûs financial statements present fairly, in all material respects, the financial position of KCE Electronics Public Company Limited and its subsidiaries and of KCE Electronics Public Company Limited as at December 31, 2002, and the results of the operations and the cash flows for the year then ended in conformity with generally accepted accounting principles. Without qualifying our opinion, as described in Note 5 to the financial statements, in the year 2002, the Company has changed its accounting policy for the Companyûs shares held by its subsidiaries from recording as current investments in securities to recording as Companyûs shares held by its subsidiaries. The consolidated and the Companyûs financial statements for the year ended December 31, 2001, have been adjusted for the effects of applying the new method of accounting retroactively. We have reviewed the adjustments affecting such consolidated and such Companyûs financial statements. As described in Note 10.2 to the financial statements, the consolidated and the Companyûs financial statements for the year ended December 31, 2001, have been retroactively adjusted for the share of loss from investment using the equity method of associated companies due to the Company having received an associated companyûs financial statements for the year ended December 31, 2001, which have been audited by other auditor in the 2002.

Niti Jungnitnirundr BANGKOK

Certified Public Accountant (Thailand) Registration No. 3809

February 25, 2003

DELOITTE TOUCHE TOHMATSU JAIYOS

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

BALANCE SHEETS KCE ELECTRONICS PUBLIC COMPANY LIMITED AND SUBSIDIARIES

Unit : Baht

As At December 31,

CONSOLIDATED 2001 2002 Restated

Note

THE COMPANY ONLY 2001 2002 Restated

ASSETS CURRENT ASSETS Cash and cash equivalents Current investments

369,659,063

329,624,339

144,219,640

169,966,635

Fixed deposits at banks

Trade account receivables

936,639,085

605,211,594

431,475,618

330,019,492

110,170,602

60,846,564

48,614,908

50,102,398

1,046,809,687

666,058,158

480,090,526

380,121,890

(3,619,447)

(4,253,590)

(3,619,447)

(3,133,977)

1,043,190,240

661,804,568

476,471,079

376,987,913

742,267

2,952,789

3,867,400

Trade account receivables - related parties

Less Allowance for doubtful accounts Trade account receivables, net

334,664

Short-term loans and advance to director and related parties

678,456,919

611,801,307

292,202,089

351,960,844

5,587,170

5,872,273

1,935,930

2,932,610

Prepaid expenses

13,148,440

5,401,634

6,041,717

2,079,035

Other receivable

10,805,515

15,246,745

492,394

4,870,068

2,049,780

2,110,024

305,485

2,125,717,415 1,632,877,577

926,425,662

908,434,586

Inventories, net Other current assets Revenue Department receivable

Others Total Current Assets

Annual Report 2002

KCE ELECTRONICS PCL

As At December 31,

Unit : Baht

CONSOLIDATED 2001 2002 Restated

Note

THE COMPANY ONLY 2001 2002 Restated

NON - CURRENT ASSETS Investments using the equity method

40,693,371

Other long-term investments

426,398

3,599,992,186 3,033,376,032

778,818,336

725,622,962

426,398

Property, plant and equipment, net

Goodwill, net

10.5

39,012,956 1,520,860,841 1,223,803,230

6,302,097

12,332,204

10,043,432

18,799,315

5,183,653

17,939,326

40,000

Other non-current assets Deposits Others Total Non - Current Assets

3,657,497,484 3,103,986,905 2,305,329,228 1,967,831,916 5,783,214,899 4,736,864,482 3,231,754,890 2,876,266,502

TOTAL ASSETS

Notes to the financial statements form an integral part of these statements √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

BALANCE SHEETS (Continued) KCE ELECTRONICS PUBLIC COMPANY LIMITED AND SUBSIDIARIES

Unit : Baht

As At December 31,

CONSOLIDATED 2001 2002 Restated

Note LIABILITIES AND SHAREHOLDERS没 EQUITY CURRENT LIABILITIES Bank overdrafts and short-term loans from financial institutions Trade account payables Trade account payables-related parties Current portion of long-term loans Short-term loans and advance from director and related parties Other current liabilities Accrued income tax Accrued expenses Other payables Other payable-purchase of fixed assets Accrued interest Others Total Current Liabilities NON - CURRENT LIABILITIES Long-term loans Total Non - Current Liabilities TOTAL LIABILITIES

THE COMPANY ONLY 2001 2002 Restated

16 13

945,317,983 521,882,970 77,766,967 420,995,366

824,973,661 288,532,308 27,029,989 265,870,145

603,643,683 152,913,438 186,561,910 180,279,848

417,489,889 118,832,546 135,928,226 208,996,506

3,265,627

1,779,323

1,119,204

652,468

27,763,419 2,200,000 6,397,687 2,568,579 575,634 921,404,954

Annual Report 2002

1,635,787,265 1,502,330,910 210,203,195 305,379,050 1,635,787,265 1,502,330,910 210,203,195 305,379,050 3,948,064,352 3,071,653,496 1,419,307,203 1,226,784,004

KCE ELECTRONICS PCL

As At December 31,

Unit : Baht

CONSOLIDATED 2001 2002 Restated

Note LIABILITIES AND SHAREHOLDERSû EQUITY (CONTINUED) SHAREHOLDERSû EQUITY SHARE CAPITAL Authorized share capital 45,000,000 ordinary shares of Baht 10.00 each Issued and paid-up share capital 30,827,000 ordinary shares of Baht 10.00 each, fully paid 30,230,000 ordinary shares of Baht 10.00 each, fully paid WARRANTS 636,000 units of share warrants of Baht 0 each, 1,270,000 units of share warrants of Baht 0 each, ADDITIONAL PAID - IN CAPITAL Premium on ordinary shares RETAINED EARNINGS Appropriated Statutory reserve Unappropriated COMPANYûS SHARES HELD BY SUBSIDIARIES PREMIUM ON COMPANYûS SHARES HELD BY SUBSIDIARIES TOTAL SHAREHOLDERSû EQUITY OF THE COMPANY MINORITY INTEREST TOTAL SHAREHOLDERSû EQUITY TOTAL LIABILITIES AND SHAREHOLDERSû EQUITY

THE COMPANY ONLY 2001 2002 Restated

450,000,000

308,270,000

450,000,000

308,270,000 302,300,000

302,300,000

998,450,000 1,007,405,000

998,450,000

45,000,000 451,772,687

45,000,000 303,732,498

45,000,000 451,772,687

45,000,000 303,732,498

(22,881,799)

(25,681,871)

4,147,798

1,007,405,000

1,793,713,686 1,623,800,627 1,812,447,687 1,649,482,498 41,436,861 41,410,359 1,835,150,547 1,665,210,986 1,812,447,687 1,649,482,498 5,783,214,899 4,736,864,482 3,231,754,890 2,876,266,502

Notes to the financial statements form an integral part of these statements √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

STATEMENTS OF INCOME KCE ELECTRONICS PUBLIC COMPANY LIMITED AND SUBSIDIARIES

For the Years Ended December 31,

Unit : Baht

CONSOLIDATED 2001 2002 Restated

Note REVENUES Revenues from the sale of goods Other revenues Gain on exchange rate Interest income Others Share of profit from investments using the equity method of subsidiary companies Share of profit from investments using the equity method of associated companies Total Revenues EXPENSES Cost of sales Selling and administrative expenses Other expenses Provision for doubtful accounts related parties Other Share of loss from investments using the equity method of subsidiary companies Share of loss from investments using the equity method of associated companies Total Expenses

THE COMPANY ONLY 2001 2002 Restated

3,619,328,967 3,501,559,726 1,793,163,528 2,150,907,365

10.1

56,357,283 31,746,778 26,279,230

14,895,177 32,258,879 26,566,211

18,734,896 30,418,882 17,737,977

23,774,901 31,812,048 17,506,980

128,367,396

1,680,415 1,680,415 3,735,392,673 3,575,279,993 1,990,103,094 2,224,001,294 2,850,261,903 2,860,105,996 1,526,419,093 1,752,307,008 517,986,671 485,832,341 230,097,560 233,303,209

10.1

Annual Report 2002

29,942,635 16,328,956

29,942,634 19,236,221

29,942,635 12,661,627

29,942,634 12,983,263

122,286,349

5,006,842 5,006,842 3,414,520,165 3,400,124,034 1,799,120,915 2,155,829,305

KCE ELECTRONICS PCL

Unit : Baht

For the Years Ended December 31,

CONSOLIDATED 2001 2002 Restated

Note

THE COMPANY ONLY 2001 2002 Restated

Profit before interest and income tax expenses

320,872,508

175,155,959

190,982,179

68,171,989

Less Interest expense

136,904,937

150,243,619

42,941,990

64,938,804

28,891,080

16,128,495

155,076,491

8,783,845

148,040,189

7,036,302

5,550,660

148,040,189

3,233,185

148,040,189

3,233,185

4.85

0.11

4.85

0.11

30,555,156

30,159,041

30,555,156

30,159,041

4.79

0.11

4.79

0.11

30,930,697

30,757,936

30,930,697

30,757,936

Less Income tax expenses Profit after tax Less Net profit of minority interest NET PROFIT BASIC EARNINGS PER SHARE

3,233,185 -

WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES SHARES DILUTED EARNINGS PER SHARE

18.5 5

DILUTED WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES SHARES

18.5

Notes to the financial statements form an integral part of these statements √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

STATEMENTS OF CHANGES IN SHAREHOLDERSû EQUITY KCE ELECTRONICS PUBLIC COMPANY LIMITED AND SUBSIDIARIES

For the Years Ended December 31,

Unit : Baht

CONSOLIDATED ISSUED AND PREMIUM COMPANYûS PREMIUM ON Note PAID UP ON ORDINARY RETAINED EARNINGS SHARES HELD COMPANYûS MINORITY SHARE SHARES APPROPRIATED UNAPPROPRIATED BY SUBSIDIARIES SHARES HELD INTEREST CAPITAL BY SUBSIDIARIES OPENING BALANCE AS AT JANUARY 1, 2001 CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING POLICY 5 BALANCE BROUGHT FORWARD ADJUSTED NET PROFIT ORDINARY SHARES PREMIUM ON ORDINARY SHARES DIVIDENDS PAID SUBSIDIARIES PURCHASE OF ORDINARY SHARES OF THE COMPANY ENDING BALANCE AS AT DECEMBER 31, 2001 OPENING BALANCE AS AT JANUARY 1, 2002 CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING POLICY 5 CUMULATIVE EFFECT OF FUNDAMENTAL ERRORS ADJUSTMENT 10.2 BALANCE BROUGHT FORWARD ADJUSTED NET PROFIT ORDINARY SHARES PREMIUM ON ORDINARY SHARES SUBSIDIARIES PURCHASE OF ORDINARY SHARES OF THE COMPANY SUBSIDIARIES SALE OF ORDINARY SHARES OF THE COMPANY PREMIUM ON COMPANYûS SHARES HELD BY SUBSIDIARIES DIVIDENDS PAID ENDING BALANCE AS AT DECEMBER 31, 2002

(Restatedà) 300,303,242

(Restatedà) -

196,071

(1,621,606)

TOTAL

(Restatedà) (Restatedà) 38,853,564 1,681,406,806

300,900,000

996,350,000

45,000,000

300,900,000 1,400,000

996,350,000 -

45,000,000 -

300,499,313 3,233,185 -

(1,621,606) -

38,863,899 1,679,991,606 5,550,660 8,783,845 1,400,000

2,100,000 -

(3,004,200)

2,100,000 (3,004,200)

(24,060,265)

10,335

(1,415,200)

302,300,000

998,450,000

45,000,000

303,732,498 (25,681,871)

41,410,359 1,665,210,986

302,300,000

998,450,000

45,000,000

302,744,804

41,113,188 1,689,607,992

7,229,079 (25,681,871)

297,171

(18,155,621)

(6,241,385)

302,300,000 5,970,000

998,450,000 -

45,000,000 -

8,955,000

303,732,498 (25,681,871) 148,040,189 -

41,410,359 1,665,210,986 7,036,302 155,076,491 5,970,000

(17,613,511)

20,413,583

4,147,798 -

(7,009,800)

4,147,798 (7,009,800)

4,147,798

41,436,861 1,835,150,547

308,270,000 1,007,405,000

45,000,000

Annual Report 2002

451,772,687 (22,881,799)

KCE ELECTRONICS PCL

For the Years Ended December 31,

Unit : Baht

THE COMPANY ONLY RETAINED EARNINGS Note ISSUED AND PREMIUM PAID UP ON ORDINARY APPROPRIATED UNAPPROPRIATED SHARE CAPITAL SHARES Restated

TOTAL Restated

OPENING BALANCE AS AT JANUARY 1, 2001 CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING POLICY 5 BALANCE BROUGHT FORWARD ADJUSTED NET PROFIT ORDINARY SHARES PREMIUM ON ORDINARY SHARES ENDING BALANCE AS AT DECEMBER 31, 2001 OPENING BALANCE AS AT JANUARY 1, 2002 CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING POLICY 5 CUMULATIVE EFFECT OF FUNDAMENTAL ERRORS ADJUSTMENT 10.2 BALANCE BROUGHT FORWARD ADJUSTED NET PROFIT ORDINARY SHARES PREMIUM ON ORDINARY SHARES ENDING BALANCE AS AT DECEMBER 31, 2002

300,900,000

996,350,000

45,000,000

300,900,000 1,400,000 -

996,350,000 2,100,000

45,000,000 -

300,499,313 1,642,749,313 3,233,185 3,233,185 1,400,000 2,100,000

302,300,000

998,450,000

45,000,000

303,732,498 1,649,482,498

302,300,000

998,450,000

45,000,000

302,744,804 1,648,494,804

7,229,079

(6,241,385)

302,300,000 5,970,000 -

998,450,000 8,955,000

45,000,000 -

303,732,498 1,649,482,498 148,040,189 148,040,189 5,970,000 8,955,000

308,270,000 1,007,405,000

45,000,000

451,772,687 1,812,447,687

Notes to the financial statements form an integral part of these statements √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

300,303,242 1,642,553,242

196,071

STATEMENTS OF CASH FLOWS KCE ELECTRONICS PUBLIC COMPANY LIMITED AND SUBSIDIARIES

For the Years Ended December 31,

Unit : Baht

CONSOLIDATED 2001 2002 Restated

Note CASH FLOWS FROM OPERATING ACTIVITIES Net profit Add (less) Adjustment to reconcile net profit to net cash flows Share of (profit) loss from investments using the equity method of subsidiary companies Share of (profit) loss from investments using the equity method of associated companies Depreciation Amortization of goodwill Provision for doubtful accounts Bad debts (reversal) Provision for a decline in carrying value of inventories Loss on exchange rate Gain on sale of fixed assets Loss from writing - off fixed assets Minority interest in net income of subsidiary companies Amortization of discount on forward contract Loss from writing - off withholding tax Gain from writing - off accounts payable Interest income - associated companies Loss from writing - off inventory Profit from operations before changes in operating assets and liabilities

148,040,189

(1,680,415) 302,581,775 6,030,107 29,000,592 2,890

Annual Report 2002

3,233,185

THE COMPANY ONLY 2001 2002 Restated

148,040,189

3,233,185

(128,367,396)

122,286,349

5,006,842 (1,680,415) 270,278,388 104,521,323 6,030,107 29,942,634 29,000,592 (1,305,886) -

5,006,842 105,778,137 29,942,634 (1,345,351)

757,333 21,214,874 (6,398,983) 202,784

3,509,317 7,631,648 (9,657,830) 3,853,992

7,036,302

5,550,660

(37,477) 13,855 (5,450,873) (29,942,635) 14,939,895

649,092 (3,594,563) (29,942,634) 12,589,070

13,855 (5,450,873) (29,942,635) 14,939,895

(3,533,267) (29,942,634) 12,589,070

486,310,213

303,774,022

130,109,131

240,866,535

KCE ELECTRONICS PCL

4,888,677 (5,999,947) 145,866

1,915,591 (7,172,399) 2,108,378

Unit : Baht

For the Years Ended December 31,

CONSOLIDATED 2001 2002 Restated

Note CASH FLOWS FROM OPERATING ACTIVITIES (CONTINUED) Operating assets (increase) decrease Trade account receivables Trade account receivables - related parties Inventories Short-term loans and advances to director and related companies Revenue Department receivable Prepaid expenses Other receivable Other current assets Doposits Operating liabilities increase (decrease) Trade account payables Trade account payables - related parties Short-term loans and advances from related companies Accrued income tax Accrued expenses Accrued interest expenses Other payables Other current liabilities Net cash provided by operating activities

255,593,825 (100,602,441) 55,854,729 2,061,318 198,080,334 44,818,860

(331,696,309) (48,750,210) (82,352,840)

207,272,161 72,996,615 114,716,190

742,267 285,103 (7,746,806) 4,441,230 (2,904,304) (4,680,790)

15,905,354 (1,621,488) (15,246,745) 1,766,255 879,893

(305,489) 996,680 (3,962,682) (492,394) (1,818,394) (681,000)

(22,678) 3,939,464 (813,229) 708,172 101,681 (179,887)

236,545,976 51,818,430

(210,784,988) (34,484,057)

37,635,126 51,715,136

(110,665,681) (67,922,664)

256,531 (515,721) 18,965,018 (1,798,988) 19,776,230 3,151,641 341,846,671

(109,927) (52,468) (14,673,281) (58,842,364) 5,140,250 (11,927,843) (464,813) 2,877,158 (2,534,401) 466,586 484,506,476 164,563,406

(61,580,950) (32,531,757) (2,396,055) (302,963) 364,184,954

Notes to the financial statements form an integral part of these statements √“¬ß“πª√–®”ªï 2545

THE COMPANY ONLY 2001 2002 Restated

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

STATEMENTS OF CASH FLOWS (Continued) KCE ELECTRONICS PUBLIC COMPANY LIMITED AND SUBSIDIARIES

For the Years Ended December 31,

Unit : Baht

CONSOLIDATED 2001 2002 Restated

Note CASH FLOWS FROM INVESTING ACTIVITIES Fixed deposits at banks (increase) decrease Proceeds from sales of fixed assets Investments in subsidiary increase Cash payment for purchase of fixed assets Dividend income Proceeds from sales of other investment Net cash used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Bank overdrafts and loans from financial institutions increase (decrease) (Decrease) increase in long-term loans Company没s shares held by subsidiaries increase Proceeds from sales of company没s shares held by subsidiary companies Cash received from issuance of share warrants Dividend paid to minority interest by subsidiary companies Net cash provided by (used in) financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents as at January 1, Cash and cash equivalents as at December 31, 6.2

334,664 (3,046) 334,664 (3,046) 9,880,836 10,964,954 28,917,325 11,372,565 (300,000,000) (718,011,854) (589,169,681) (124,611,283) (134,698,936) 132,990,200 56,995,800 47 47 (707,796,354) (578,207,726) (262,369,094) (66,333,570)

112,224,176 (825,311,174) 182,728,333 (113,405,511) 281,097,161 1,020,472,904 (123,394,640) (173,161,358) (17,613,511) (24,060,265) 24,561,381 12,725,000

5,700,000

12,725,000

(7,009,800)

(3,004,200)

405,984,407

173,797,265

72,058,693

(280,866,869)

40,034,724 329,624,339 369,659,063

80,096,015 249,528,324 329,624,339

(25,746,995) 169,966,635 144,219,640

16,984,515 152,982,120 169,966,635

Notes to the financial statements form an integral part of these statements Annual Report 2002

THE COMPANY ONLY 2001 2002 Restated

KCE ELECTRONICS PCL

5,700,000

NOTES TO THE FINANCIAL STATEMENTS KCE ELECTRONICS PUBLIC COMPANY LIMITED AND SUBSIDIARIES

For The Years Ended December 31, 2002 and 2001

1. ECONOMIC TURMOIL IN THE ASIA-PACIFIC REGION Thailand and many Asia-Pacific countries continue to experience economic difficulties. The accompanying consolidated and the Companyûs financial statements reflect managementûs current assessment of the possible impact of the economic conditions on the financial position of the Company and its subsidiaries. 2. OPERATIONS OF THE COMPANY AND SUBSIDIARIES The Company (KCE Electronics Public Company Limited) is a listed company in The Stock Exchange of Thailand with the head office and factory located at 125-125/1, 1 Moo 4 Lat Krabang Industrial Estate, Kwang Lumplatew, Lat Krabang, Bangkok. The Companyûs main business is to manufacture and sell printed circuit board products. As at December 31, 2002 and 2001 the Company has total staff of 763 and 788 respectively. K.C.E. International Company Limited, a subsidiary company, is a registered company in Thailand. The registered office is located at 677 Moo 4 Export Processing Zone, Bangpoo Industrial Estate, Sukhumvit Road, Tambon Phraksa, Amphur Muang, Samutprakarn Province. The main objective of the subsidiary company is to manufacture and sell printed circuit board products. The subsidiary company has total staff of 577 and 586 as at December 31, 2002 and 2001, respectively. Thai Laminate Manufacturer Co., Ltd., a subsidiary company, is a registered company in Thailand. The registered office is located at 115/2 Moo 4 Export Processing Zone, Lat Krabang Industrial Estate, Kwang Lumplatew, Lat Krabang, Bangkok. The main objective of the subsidiary company is to manufacture and sell prepreg and laminate products to the Company and two subsidiary companies (K.C.E. International Company Limited and KCE Technology Co., Ltd.). The subsidiary company has total staff of 139 and 150 as at December 31, 2002 and 2001, respectively. KCE Technology Co., Ltd., a subsidiary company, is a registered company in Thailand. The registered office is located at 117 Moo 1, Hi-Tech Industrial Estate, Tambon Ban Lain, Amphur Bang Pa-In, Pranakornsriayuthaya Province. The main objective of the subsidiary company is to manufacture and sell printed circuit board products. The subsidiary company has total staff of 789 and 482 as at December 31, 2002 and 2001, respectively. For the years ended December 31, 2002 and 2001, the Company and its subsidiaries have staff costs of Baht 501 million and Baht 468 million, respectively, in the consolidated financial statements and Baht 225 million and Baht 241 million, respectively, in the Companyûs financial statements. 3. BASIS FOR PREPARATION OF THE FINANCIAL STATEMENTS 3.1 The brief particulars in the consolidated and the Companyûs financial statements for the year ended December 31, 2002 are shown in accordance with the Notification of the Department of Commercial Registration dated September 14, 2001 regarding çThe Brief Particulars in the Financial Statements B.E. 2544 (2001)é and the consolidated and the Companyûs financial statements for the year ended December 31, 2001 have been reclassified to conform to the consolidated and the Companyûs financial statements for the year ended December 31, 2002. The Company maintains its statutory financial statements in the Thai language in conformity with accounting standards and practices generally accepted in Thailand. 3.2 The consolidated and the Companyûs financial statements include all three subsidiaries and two associated companies. Material intercompany transactions and balances have been eliminated. The holdings in subsidiaries are as follows : √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

% of shareholding 2002 2001 94.99 94.99

K.C.E. International Co., Ltd. Thai Laminate Manufacturer Co., Ltd. (direct and indirect holding) KCE Technology Co., Ltd.

97.63 100.00

4. SIGNIFICANT ACCOUNTING POLICIES 4.1 Revenues Revenues of the Company and subsidiary companies are recognized when goods are shipped and title is passed to the buyer. 4.2 Allowance for doubtful debts Allowance for doubtful debts is calculated on the expected uncollectible debts. 4.3 Inventories Inventories are valued at the lower of cost or net realizable value. Cost is determined by the first-in, first-out method. Cost of the finished goods and work in process is calculated from raw materials, wages and manufacturing overheads. The net realizable value of inventory is estimated from the estimated selling price in the ordinary course of business, less the estimated costs to complete the sale. 4.4 Investments in subsidiary, associated and other companies Investments in subsidiary and associated companies are presented by the equity method except in the case an impairment in value of investment has occurred, the resultant loss is recognized in the statement of income. Trading securities are hold for a short period and are stated at fair value. Gain or loss on the change in fair value is recognized as income or expense in the statement of income. Securities available for sale are stated at fair value. Gain or loss on the change in fair value is presented as an item in shareholders没 equity. Company没s shares held by subsidiaries are stated at cost and are presented as a deduction from shareholder没s equity. Gain or loss from sales is presented as an item in shareholder没s equity. Investments in other companies are general investments which are stated at cost. 4.5 Property, plant and equipment Land is stated at cost. Plant and equipment are stated at cost less accumulated depreciation. Depreciation is calculated by the straight-line method, based on the estimated useful lives of the assets which are as follows : Building and plant Machinery and equipment Vehicles Furniture, fixtures and office equipment Plant and office improvement Annual Report 2002

20 - 25 10 - 20 5 5 - 10 5 - 25 86

KCE ELECTRONICS PCL

years years years years years

4.6 Goodwill Excess of cost over book value of investment in subsidiary company at the time of acquisition was accounted for as goodwill and is amortized over 10 years. 4.7 Cost of machinery and equipment-under installation Interest expenses and other expenses related to the installation were capitalized as part of cost of machinery and equipment-under installation of a subsidiary company (KCE Technology Co., Ltd.) which management has determined to be directly related to installing or bringing the assets to its working condition. 4.8 Foreign currency transactions Assets and liabilities denominated in foreign currencies are translated into Baht at rates of exchange prevailing at the transaction dates. All balances of assets and liabilities in foreign currencies and forward exchange contracts at the end of the year are converted at the reference exchange rates established by the Bank of Thailand (BOT) at the end of the year. All foreign exchange gains or losses are recognized in the statement of income. 4.9 Forward foreign exchange contracts The Company and its subsidiary companies use forward exchange contracts in asset and liability management activities to control exposure to fluctuations in foreign exchange rates. Differences of exchange rate from undue forward foreign exchange contracts are the differences between the spot rate of the forward foreign exchange contract and the reference exchange rates of the BOT and recorded as revenue and expense for the year. Differences between the forward rate and the spot rate in forward foreign exchange contracts are amortized into revenue and expenses over the contract-period. 4.10 Income tax Income tax expenses are based on tax paid and accrued for the year. 4.11 Earnings per share For the years ended December 31, 2002 and 2001, basic earnings per share are calculated by dividing the net income with the weighted average number of ordinary shares issued during the year. Diluted earnings per share are computed by adjusting the weighted average number of shares with effects of all dilutive potential original shares according to Thai Accounting Standard No. 38 çEarnings per shareé (see Note 18). 4.12 Use of accounting estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and disclosure of contingent assets and liabilities. Actual results could differ from those estimates. 5. CHANGE IN ACCOUNTING POLICY In the year 2002, the Company has changed its accounting policy for the Companyûs shares held by its two subsidiary companies (K.C.E. International Co., Ltd. and Thai Laminate Manufacturer Co., Ltd.) from recording as current investments in securities, shown in assets in the consolidated balance sheet to recording as Companyûs shares held by its subsidiaries, presented as a deduction from shareholdersû equity in accordance with the generally accepted accounting principles. The consolidated and the Companyûs financial statements for the year ended December 31, 2001, which are presented for comparison, have been adjusted for the effects of applying the new method of accounting retroactively. √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

The effects of the change in the consolidated and the Company没s financial statements for the year ended December 31, 2002 and 2001 were as follows :

Investments in securities (decrease) Investments in subsidiary companies increase (decrease) Company没s shares held by subsidiaries increase Premium on Company没s shares held by subsidiaries increase Retained earnings increase (decrease) Minority interest increase (decrease)

AS AT DECEMBER 31, 2002 CONSOLIDATED THE COMPANY ONLY Baht Baht (20,454,140) -

AS AT DECEMBER 31, 2001 CONSOLIDATED THE COMPANY ONLY Baht Baht (18,155,621) -

(1,697,639)

7,229,079

22,881,799

25,681,871

4,147,798 (1,697,639) (22,500)

(1,697,639) -

7,229,079 297,171

7,229,079 -

FOR THE YEAR ENDED DECEMBER 31, 2002 CONSOLIDATED THE COMPANY ONLY Baht Baht Net profit increase (decrease) (8,926,718) (8,926,718) Earnings per share increase (decrease) (0.29) (0.29) Diluted earnings per share increase (decrease) (0.29) (0.29)

FOR THE YEAR ENDED DECEMBER 31, 2001 CONSOLIDATED THE COMPANY ONLY Baht Baht 7,033,008 7,033,008 0.23 0.23 0.23

0.23

6. SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION 6.1 Cash paid for interest and income tax is as follows :

Interest Income tax

CONSOLIDATED 2002 2001 Baht Baht 145,027,717 175,507,286 29,887,962 24,671,033

Annual Report 2002

KCE ELECTRONICS PCL

THE COMPANY ONLY 2002 2001 Baht Baht 46,253,581 67,893,763 91,948 204,622

6.2 Cash and cash equivalents consist of the following :

Cash in hand and at banks Short-term investments Less Deposits with maturity of more than 3 months

CONSOLIDATED 2002 2001 Baht Baht 369,659,063 329,624,339 334,664 369,659,063

(334,664) 329,624,339

THE COMPANY ONLY 2002 2001 Baht Baht 144,219,640 169,966,635 334,664 144,219,640

(334,664) 169,966,635

6.3 Significant non-cash items are as follows : 6.3.1 For the years ended December 31, 2002 and 2001, non-cash transactions for investing activities which are not shown in the statements of cash flows are as follows :

Property, plant and equipment Other receiveable-related companies Add (less) Deposit transferred to fixed assets Other payable-fixed assets Other payable-fixed assets-related company Accrued expenses Loss on exchange rate Adjustments : Fixed asset transferred to inventory Fixed asset transferred to current asset

CONSOLIDATED 2002 2001 Baht Baht 220,087,339 52,561,582 (2,597,500)

THE COMPANY ONLY 2002 2001 Baht Baht 60,393,702 876,344 1,846,984 (3,197,500)

(13,436,673) (205,657,589)

(61,853,296)

(13,436,673) (47,805,936)

1,721,156

(189,837) (803,240) -

(2,428,165) 13,105,567

(194,837) (803,240) -

600,000 -

684,585

527,227 -

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

6.3.2 For the years ended December 31, 2002 and 2001, non-cash transactions for financing activities which are not shown in the statements of cash flows are as follows :

Ordinary shares Premium on ordinary shares Less Advance from share subscription

CONSOLIDATED 2002 2001 Baht Baht 880,000 1,320,000 (2,200,000) -

THE COMPANY ONLY 2002 2001 Baht Baht 880,000 1,320,000 (2,200,000) -

7. RISK MANAGEMENT POLICIES FOR ASSETS AND LIABILITIES IN FOREIGN CURRENCIES 7.1 Assets and liabilities in foreign currencies, especially US dollar, Pound Sterling and Euro currencies of the Company and a subsidiary (K.C.E. International Co., Ltd.) are managed by balancing volume and conditions of those assets and liabilities by controlling their maturities to be in the similar period. For other currencies they are not material. 7.2 The Company and its subsidiary companies have a policy for using other financial instruments, such as forward exchange contracts for hedging which depends on money market situation.

Annual Report 2002

KCE ELECTRONICS PCL

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

60 - 120

Accrued commission

Accrued income Loans from banks and financial institutions - short term

(see Note 13) (see Note 13)

30 - 120

Other payable-foreign

Loans from banks and financial institutions - current portion - long term

30 - 120

Trade account payables-foreign

Other receivable-foreign

30 - 120

Trade account receivables-foreign

Credit term days

EURO USD EURO

YEN S$

S$ YEN USD EURO USD USD EURO

DM HKD S$ YEN CHF NLG USD YEN USD EURO

USD EURO

Currencies

(875) (11,300) -

14,540 7,895 729 (9,124) (915) (1) (96) (416) (81,778) (63) 27 480 (2,850) (1,499) (6) (10) (37,600) (170) (1) 146 (1,666) (805) (500) (74,795) (255) (39,466) (489,334) -

7,643 2,730 261 (2,801) (334) (1) (48) (231) (21,362) 11 (281) (818) (6) (8) (43) (151) (500) (41,189) -

328,660 121,323 17,943 (121,273) (15,062) (49) (269) (5,768) (7,735) 492 (12,152) (36,913) (403) (195) (1,862) (6,531) (34,798) (14,915) (1,506) (875)

6,578 7,512 954 (4,741) (313) (1) (78) (157) (38,924) (32) (10) 362 (1,391) (225) (6) (1) (137) (1) (5,840) (506) (705) (22,440) (104) (59,283) (34,452)

289,999 291,142 60,781 (210,304) (12,305) (42) (1,575) (3,786) (13,198) (846) (41) 15,970 (41,685) (8,859) (393) (30) (6,085) (35) (259,043) (19,926) (45,488) (7,609) (2,501) (506) -

4,415 3,286 378 (2,178) (199) (1) (70) (77) (15,902) (7) (10) (136) (6) (79) (1) (231) (700) -

(19,909) -

194,638 127,329 24,090 (96,612) (7,842) (35) (1,418) (1,851) (5,392) (174) (41) (6,024) (374) (3,486) (35) (10,230) (45,157) -

2002 2001 THE COMPANY ONLY CONSOLIDATED THE COMPANY ONLY Amount Amount Amount Foreign Baht Foreign Baht Foreign Baht Currencies Currencies Currencies

625,192 350,922 50,090 (397,380) (41,284) (49) (533) (10,404) (29,612) (1,965) 1,147 171 (123,426) (67,596) (413) (252) (13,615) (7,364) (31) 6,294 (72,153) (36,316) (34,798) (27,084) (6,391)

CONSOLIDATED Amount Foreign Baht Currencies

Unit : û000

8. SIGNIFICANT ASSETS AND LIABILITIES IN FOREIGN CURRENCIES Assets and liabilities denominated in foreign currencies of the Company and subsidiaries as at December 31, 2002 and 2001 consist of the following :

During the years ended December 31, 2002 and 2001, the Company and all subsidiary companies have forward exchange contracts for hedging part of assets and liabilities in foreign currencies. 9. INVENTORIES, NET Inventories consist of the following :

Finished goods Work in process Raw materials Supplies Spare parts and equipment Goods in transit Less Allowance for decline in carrying value of inventories

CONSOLIDATED 2002 2001 Baht Baht 130,599,754 104,928,112 127,995,480 148,610,189 128,407,315 110,968,439 155,528,079 130,800,082 109,408,145 93,006,925 30,784,795 26,996,877 682,723,568 615,310,624 (4,266,649) 678,456,919

Annual Report 2002

(3,509,317) 611,801,307

KCE ELECTRONICS PCL

THE COMPANY ONLY 2002 2001 Baht Baht 53,830,701 46,345,433 62,342,595 106,525,302 43,787,224 55,461,168 77,375,147 68,985,041 53,025,946 60,710,313 1,840,476 13,933,587 292,202,089 351,960,844 292,202,089

351,960,844

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

100,000,000

PCB manufacturing

Trading of PCB

KCE Singapore Pte., Ltd.

Investments in associated companies

Trading of PCB

KCE America, Inc.

ASSOCIATED COMPANIES

*S$ 500,000

*US$ 50,000

900,000,000

Laminate manufacturing 190,000,000

PCB manufacturing

BUSINESS ACTIVITY

Investments in subsidiary companies

KCE Technology Co., Ltd.

Co., Ltd.

Thai Laminate Manufacturer

K.C.E. International Co., Ltd.

SUBSIDIARY COMPANIES

COMPANYûS NAME

47.77

48.75

100.00

97.63

94.993

1,223,803,230

874,915,295 1,174,915,295 1,520,860,841

5,193,029

31,397,539

36,590,568

2,100,569

321,816

1,187,212,662

310,004,469

246,764,018

630,444,175

2,422,385

4,656,369

33,614,614

872,492,910

600,000,000

99,999,910

172,493,000

2001 INVESTMENT COST EQUITY METHOD METHOD BAHT BAHT (Restated)

38,270,983

2,422,385

2,100,569

321,816

1,172,492,910 1,482,589,858

900,000,000 593,879,751

99,999,910 279,955,495

172,493,000 608,754,612

2002 PAID-UP PORTION OF INVESTMENT CAPITAL INVESTMENT COST EQUITY % METHOD METHOD BAHT BAHT

10. INVESTMENTS USING THE EQUITY METHOD Investments using the equity method consist of investments in subsidiary and associated companies as follows :

40,693,371

6,756,938

33,936,433

39,012,956

7,293,598

31,719,358

(Restated)

CONSOLIDATED INVESTMENT 2002 2001 BAHT BAHT

Unit : Baht (except*)

10.1 Share of profit (loss) from investments using the equity method of associated companies For the year ended December 31, 2002 and 2001, share of profit (loss) from investments using the equity method of two associated companies included in the consolidated and the Companyûs financial statements are computed from the financial statements for the year then ended, respectively, and can be stated as percentages of net profit (loss) as follows : 2002

KCE America, Inc. (direct and indirect holding) KCE Singapore Pte., Ltd. (direct and indirect holding)

2001

% of shareholding

% of Net income (loss)

Amount Baht

% of Net income (loss) Restated

Amount Baht Restated

48.75

1.50

2,217,076

(142.01)

(4,591,620)

47.77

(0.36) 1.14

(536,661) 1,680,415

(12.84) (154.85)

(415,222) (5,006,842)

For the year ended December 31, 2002 and 2001, share of profit (loss) from investments using the equity method of an associated company (KCE Singapore Pte., Ltd.) was computed from the financial statements which had not been audited because the associated company is located in foreign country and is not under the control of the Companyûs management so that it could have the financial statements of such associated company being audited. For the year ended December 31, 2002, share of profit (loss) from investments using the equity method of another associated company (KCE America, Inc.) was computed from the financial statements which had not been audited because the associated company is located in foreign country and is not under the control of the Companyûs management so that it could have the financial statements of such associated company being audited. 10.2 The consolidated and the Companyûs financial statements for the year ended December 31, 2001 have been retroactively adjusted for the effects of the fundamental error in recording the share of loss from investment using the equity method of an associated company (KCE America, Inc.) of Baht 6.24 million due to the Company having received the associated companyûs financial statements for the year ended December 31, 2001, which have been audited in the year 2002. Formerly, the share of loss form investment using the equity method was recorded using information of the associated companyûs financial statements for the year ended December 31, 2001, which have not been audited. The effects of the fundamental error in the consolidated and the Companyûs financial statements for the years ended December 31, 2002 and 2001 were as follows : The consolidated and the Companyûs balance sheet As at December 31, 2002 2001 Baht Baht Investments using the equity method increase (decrease) 6,241,385 (6,241,385) Retained earnings increase (decrease) 6,241,385 (6,241,385)

Annual Report 2002

KCE ELECTRONICS PCL

The consolidated and the Companyûs statements of income For the years ended December 31, 2002 2001 Baht Baht 6,241,385 0.21 0.20

Net profit increase Earnings per share increase Diluted earnings per share increase

Share of profit (loss) from investments of another associated company (KCE Singapore Pte., Ltd.) included in the financial statements for the year ended December 31, 2001 was computed from the financial statements which have not been audited. The Company has subsequently received the financial statements of such associated company in the year 2002 which have been audited. The consolidated and the Companyûs financial statements for the year ended December 31, 2001, which are presented for comparison, have not been retroactively adjusted, as its effect was immaterial. 10.3 In 1998 an associated company (Avatar Co., Ltd.) had been experiencing negative cash flows and not been able to obtain sufficient liquidity to fund operations, resulting in the closure of its operations. In addition, a subsidiary of such associated company (Avatar Systems Corporation) filed for liquidation proceedings under Chapter 7 of the U.S. Federal Bankruptcy Code in September 1998. Therefore, the financial statements of the Company for the year ended December 31, 1998 fully recognized the total loss on decline in value of this investment on such associated company reflecting the Company managementûs assessment of the decline in its fair value. In 1999, the Company and a subsidiary company (K.C.E. International Co., Ltd.) filed a lawsuit for bankruptcy against Avatar Co., Ltd. with the Central Bankruptcy Court which has ordered the Company to be bankrupt on July 6, 2000. As at December 31, 2002 and 2001, the Company and a subsidiary company (K.C.E. International Co., Ltd.) made repayments of commitment on guarantee of the loans of an associated company (Avatar Co., Ltd.) and a subsidiary of such associated company (Avatar Systems Corporation) totaling approximately Baht 925.03 million in the consolidated financial statements and totaling approximately Baht 785.86 million in the Companyûs financial statements. As at December 31, 2002 and 2001, the Company and a subsidiary company presented such items as çloans to related companiesé and have made a full provision for such amount (see Note 10.4). 10.4 As at December 31, 2002 and 2001, management of the Company and a subsidiary company (K.C.E. International Co., Ltd.) have made a full allowance for all accounts with the associated company and its subsidiary company as mentioned in Note 10.3 as follows :

- Trade account receivables - Short term loans and advance - Accrued interest income - Accrued rental income

CONSOLIDATED 2002 2001 Baht Baht 2,998,784 2,998,784 925,032,852 925,032,852 185,262,981 155,320,347 8,700,000 8,700,000 1,121,994,617 1,092,051,983 √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

THE COMPANY ONLY 2002 2001 Baht Baht 2,998,784 2,998,784 785,862,852 785,862,852 167,572,838 137,630,203 8,700,000 8,700,000 965,134,474 935,191,839

10.5 Goodwill, net Goodwill consists of the followings : Consolidated As at December 31, 2002 Baht 57,204,718 (50,902,621) 6,302,097 6,030,107

Goodwill Less Accumulated amortization of goodwill Amortization of goodwill for the year

2001 Baht 57,204,718 (44,872,514) 12,332,204 6,030,107

10.6 On April 26, 2001, the ordinary shareholder没s meeting of a subsidiary company (K.C.E. International Co., Ltd.) has approved to declare dividends distribution to shareholders at Baht 6 per share totaling Baht 60 million. On April 29, 2002, the ordinary shareholder没s meeting of such subsidiary company has approved to declare dividends distribution to shareholders at Baht 6 per share totaling Baht 60 million. On November 14, 2002, the directors没 meeting of such subsidiary company has approved to declare dividends distribution to shareholders at Baht 8 per share totaling Baht 80 million. 11. PROPERTY, PLANT AND EQUIPMENT, NET 11.1 Property, plant and equipment as at December 31, 2002 and 2001 are as follows : The Consolidated financial statements Balance as at Additions/ (Disposals)/ Balance as at December 31, Transfer in (Transfer out) December 31, 2001 2002 Baht Baht Baht Baht Cost : Land Building and structures Machinery and equipment Plant improvement Furniture, fixtures and office equipment Office improvement Vehicles Plant improvement in progress Office improvement in progress Machinery and equipment in transit Machinery and equipment-under installation Construction in progress - plant Total property, plant and equipment Accumulated depreciation : Building and structures Machinery and equipment Annual Report 2002

167,521,570 434,966,172 2,993,034,211 274,595,763 49,241,215 2,021,527 277,011,231 8,115,385 9,277,052 7,700 26,286,063 1,666,852 4,767,081 34,700,385 1,137,907 242,400 53,519,708 175,487,420 766,872,266 11,168,290 4,149,898,212 1,141,741,986

(80,800,285) (1,638,483) (1,913,337) (231,822,696) (316,174,801)

167,521,570 434,966,172 3,186,829,689 51,262,742 283,488,133 9,284,752 26,039,578 39,467,466 1,380,307 53,519,708 710,536,990 11,168,290 4,975,465,397

(75,569,780) (18,988,942) (940,745,314) (244,184,201)

40,684,479

(94,558,722) (1,144,245,036)

KCE ELECTRONICS PCL

Plant improvement Furniture, fixtures and office equipment Office improvement Vehicles Total accumulated depreciation Property, plant and equipment, net Depreciation for the year

Balance as at Additions/ (Disposals)/ Balance as at December 31, Transfer in (Transfer out) December 31, 2001 2002 Baht Baht Baht Baht (36,732,676) (2,558,477) (39,291,153) (49,359,000) (31,239,598) 1,582,416 (79,016,182) (3,669,158) (676,323) (4,345,481) (10,446,252) (4,934,234) 1,363,849 (14,016,637) (1,116,522,180) (302,581,775) 43,630,744 (1,375,473,211) 3,033,376,032 3,599,992,186 270,278,388 302,581,775

The Companyûs financial statements Balance as at Additions/ (Disposals)/ Balance as at December 31, Transfer in (Transfer out) December 31, 2001 2002 Baht Baht Baht Baht Cost : Land Building and structures Machinery and equipment Plant improvement Furniture, fixtures and office equipment Office improvement Vehicles Construction in progress Office improvement in progress Machinery and equipment-under installation Machinery in transit Total property, plant and equipment Accumulated depreciation : Building and structures Machinery and equipment Plant improvement Furniture, fixtures and office equipment Office improvement Vehicles Total accumulated depreciation Property, plant and equipment, net Depreciation for the year

51,192,734 69,045,756 1,110,551,302 33,184,420 16,264,250 8,693,659 13,714,174 4,767,081 1,137,907 35,552,316 1,344,103,599

118,857,825 1,141,651 1,083,783 1,666,852 145,944,959 16,111,629 284,806,699

(92,111,908) (12,400) (1,913,337) (87,706,831) (181,744,476)

51,192,734 69,045,756 1,137,297,219 34,326,071 17,335,633 8,693,659 13,467,689 4,767,081 1,137,907 93,790,444 16,111,629 1,447,165,822

(34,659,737) (3,452,286) (532,513,932) (94,794,695) (28,872,627) (1,755,957) (12,816,835) (1,420,477) (3,568,145) (434,680) (6,049,361) (2,663,228) (618,480,637) (104,521,323) 725,622,962 105,778,137

53,283,553 7,073 1,363,848 54,654,474

(38,112,023) (574,025,074) (30,628,584) (14,230,239) (4,002,825) (7,348,741) (668,347,486) 778,818,336 104,521,323

√“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

11.2 The Company mortgaged part of land, machinery and equipment as collateral for loan with bank. However, as at December 31, 2002, the Company has redeemed machinery and equipment which are mortgaged as security. Under the banks没 loan agreements, there are conditions that the Company will not sell, dispose of, transfer, mortgage or provide any lien on land and structures of the Company. Under the bank overdrafts and loans from bank agreements of two subsidiary companies (K.C.E. International Co., Ltd. and Thai Laminate Manufacturer Co., Ltd.), there are conditions that the subsidiary companies will not sell, dispose of, transfer, mortgage or provide any lien on land and structures of the subsidiary companies. As at December 31, 2002 and 2001, another subsidiary company (KCE Technology Co., Ltd.) mortgaged land and structures and most of machinery as collateral for bank overdrafts and loans from financial institutions (see Note 12.4). 11.3 For the years ended December 31, 2002 and 2001, a subsidiary company (KCE Technology Co., Ltd.) has total interest expense of Baht 3.48 million and Baht 11.97 million, respectively capitalized as part of cost of machinery and equipment. 11.4 As at December 31, 2002 and 2001, the Company and two subsidiary companies (K.C.E. International Co., Ltd. and Thai Laminate Manufacturer Co., Ltd.) certain machinery and equipment with acquisition cost of Baht 375.68 million and Baht 365.76 million, respectively in the consolidated financial statements and Baht 272.09 million and Baht 237.34 million, respectively in the Company没s financial statements were fully depreciated but still in use by the Company and subsidiaries. 12. BANK OVERDRAFTS AND LOANS FROM FINANCIAL INSTITUTIONS Bank overdrafts and loans from financial institutions consist of the following :

Bank overdrafts Loans from banks Packing credit Trust receipts

CONSOLIDATED 2002 2001 Baht Baht 1,163,157 60,534,369 344,811,595 529,336,178 457,400,000 222,800,000 141,943,231 12,303,114 945,317,983 824,973,661

THE COMPANY ONLY 2002 2001 Baht Baht 2,930,055 234,797,950 235,156,720 347,400,000 167,100,000 21,445,733 12,303,114 603,643,683 417,489,889

12.1 As at December 31, 2002 and 2001, bank overdrafts and loans from banks of the Company are guaranteed by a subsidiary company (K.C.E. International Co., Ltd.) and a shareholder of the Company. 12.2 As at December 31, 2002 and 2001, bank overdrafts and loans from banks of a subsidiary company (K.C.E. International Co., Ltd.) are guaranteed by the Company. 12.3 As at December 31, 2002 and 2001, certain bank overdrafts and loans from banks of another subsidiary company (Thai Laminate Manufacturer Co., Ltd.) are guaranteed by the Company and a subsidiary company (K.C.E. International Co., Ltd.). 12.4 As at December 31, 2002 and 2001, bank overdrafts and loans from banks of another subsidiary company (KCE Technology Co., Ltd.) are guaranteed by the mortgage of land and structures and most of machinery of such subsidiary company and guaranteed by the Company (see Note 11.2). Annual Report 2002

KCE ELECTRONICS PCL

13. LONG-TERM LOANS Long-term loans consist of the following : RATE OF INTEREST

Loans from banks : BAHT US$ EURO

MLR-4% to MLR SIBOR+1.75% 4.95%

Less Current portion

CONSOLIDATED 2002 2001 Baht Baht 1,527,983,043 489,334,071 39,465,517 2,056,782,631 (420,995,366) 1,635,787,265

THE COMPANY ONLY 2002 2001 Baht Baht

1,674,466,075 93,734,980 1,768,201,055 (265,870,145) 1,502,330,910

390,483,043 390,483,043 (180,279,848) 210,203,195

494,466,076 19,909,480 514,375,556 (208,996,506) 305,379,050

Repayable

Debt to Equity Ratio

13.1 Long-term loans of the Company consist of the following : No.

Agreement Dated

Lender

Loan Baht

Period

1. 2. 3. 4. 5.

April 8, 1998 December 11, 1998 May 12, 2000 June 29, 2000 July 10, 2000

50,000,000 339,235,126 33,000,000 60,000,000 80,000,000

4 years 6 years 5 years 2 years 2 years

6. 7. 8. 9. 10. 11. 12.

July 26, 2000 November 3, 2000 December 22, 2000 November 2, 2001 January 29, 2002 October 30, 2002 October 21, 2002

Bank Bank Bank Bank Financial Institution Bank Bank Bank Bank Bank Bank Financial Institution Financial Institution Financial Institution Financial Institution

13. December 3, 2002 14. December 19, 2002 15. December 23, 2002

Principal Grace Period 1 year 1 year

20,000,000 3 years 1 year 22,000,000 4 years 6 months 95,000,000 5 years 1 year 50,000,000 3 years and 6 months 1 year 30,000,000 2 years 33,295,039 2.5 years 6 months 2,158,600 2 years -

3 Months 3 Months Not exceed 2 : 1 1 Month 3 Months 3 Months 3 Months 3 Months 3 Months Not exceed 2.5 : 1 3 Months 3 Months 3 Months 3 Months -

7,153,070

2 years

3 Months

1,612,314

2 years

3 Months

21,584,968

2 years

3 Months

Long-term loans of the Company bear interest between MLR (Minimum Loan Rate) and MLR less 4% per annum. Such loans are guaranteed by a subsidiary company (K.C.E. International Co., Ltd.) and the Company mortgaged part of land as collateral (See note 11.2). √“¬ß“πª√–®”ªï 2545

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

As at December 31, 2002, the Company paid long-term loan prior to maturity of Baht 19.96 million with a bank for loan No. 2 as mentioned above, which has no prepayment fee for long-term loan paid prior to maturity. 13.2 Long-term loan from bank of a subsidiary company (K.C.E. International Co., Ltd.) is loan in Baht, under an agreement dated December 21, 1998, the loan amount is for Baht 30 million for a period of 4 years with the one year and four months grace period for the principal and with the interest rate of MLR (Minimum Loan Rate) per annum. The loan is repayable in quarterly installments commencing from April 2000, and is guaranteed by the Company. On September 26, 2001, such subsidiary company entered into loan agreements with another bank of EURO 2 million with the floating interest rate by reference to interest rate of Euro money which are repayable by quarterly installment up to 2003, and are guaranteed by the Company. 13.3 Long-term loan from bank of another subsidiary company (Thai Laminate Manufacturer Co., Ltd.) is Baht loan under an agreement dated September 14, 2000 with the availment of Baht 40,000,000 for a period of 5 years with the one year grace period from the agreement date for the principal and with the interest rate of MLR (Minimum Loan Rate) per annum. The loan is repayable in semi-annual installment and is secured by the mortgage of part of machinery of the subsidiary company and guaranteed by the Company. As at April 26, 2002, the subsidiary company paid such long-term loan prior to maturity of Bath 30 million which has no prepayment fee of long-term loan paid prior to maturity. As at December 31, 2002, such subsidiary company has redeemed machinery which are mortgaged as security. On July 18, 2002, the subsidiary entered into a loan agreement with another bank of Baht 340 million with the interest rate of 4.5% per annum. Such loan is guaranteed by the major shareholder company (KCE Electronics Public Co., Ltd.). As at December 31, 2002, the subsidiary has not made the drawn down of such loan. 13.4 On February 9, 2001, another subsidiary company (KCE Technology Co., Ltd.) entered into a loan agreement with a bank of Baht 1,070 million which is loan in Baht. Such loan is repayable within 6 years and 3 months with the two year grace period for the principal with the interest rate of MLR (Minimum Loan Rate) less 0.5% per annum. The loan is repayable in quarterly installments. Such long-term loan is secured by the mortgage of land and structures and most of machinery of the subsidiary and guaranteed by the Company. On November 13, 2001, the subsidiary company entered into a long term loan agreement with such bank, which is loan in US Dollar. The credit facilities amount is USD 17.50 million. Such loan is repayable within 6 years with the two-year grace period for the principal from the first drawdown date with the interest rate of SIBOR plus 1.75% per annum. The loan is repayable in quarterly installments. Such long-term loan is secured by the mortgage of land and structures of the subsidiary, secured by the mortgage of machinery of the subsidiary with bank and guaranteed by the Company. Loan agreement has a significant condition that the ratio of the subsidiary没s registered share capital to loan drawndown ratio must be at 30:70. On November 12, 2001, the subsidiary company entered into a long term loan agreement with another bank of Baht 60 million, which is loan in Baht, for a period of 2 years with the one year and six months grace period for the principal and with the interest rate of MLR (Minimum Loan Rate) less 1.5% per annum. The loan is repayable in quarterly installments commencing from May 2003, and is guaranteed by the Company. 14. STATUTORY RESERVE Under the Public Companies Act, the Company is required to set aside as a statutory 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 authorized capital. Annual Report 2002

100 KCE ELECTRONICS PCL

15. PROVIDENT FUND The Company and two subsidiary companies (K.C.E. International Co., Ltd. and Thai Laminate Manufacturer Co., Ltd.) have a provident fund for those employees who indicated their willingness to join. The contributions from employees are paid from the monthly salaries, with the Company matching the individualsû contributions. The fund is managed by an authorized fund manager in accordance with the Provident Fund Act (B.E. 2530) 1987. For the years ended December 31, 2002 and 2001, the Company and subsidiaries contributions included in selling and administrative expenses amounting to Baht 10.63 million and Baht 11.93 million, respectively in the consolidated financial statements and Baht 7.45 million and Baht 8.54 million respectively in the Companyûs financial statements. 16. TRANSACTIONS WITH RELATED PARTIES Main balances and transactions with related companies, which the relationship may by shareholding and/or same managements are as follows : CONSOLIDATED THE COMPANY ONLY AS AT DECEMBER 31, 2002 2001 2002 2001 Baht Baht Baht Baht Trade account receivables - K.C.E. International Co., Ltd. 528,409 1,967,923 - Thai Laminate Manufacturer Co., Ltd. 871,741 589,060 - KCE Technology Co., Ltd. 1,390,421 9,395,122 - KCE America, Inc. 89,408,815 48,278,828 33,913,515 31,579,230 - KCE Singapore Pte., Ltd. 17,763,003 9,568,952 8,912,038 3,572,279 - Avatar Co., Ltd. 2,998,784 2,998,784 2,998,784 2,998,784 110,170,602 60,846,564 48,614,908 50,102,398 Less Allowance for doubtful accounts-Avatar Co., Ltd. (2,998,784) (2,998,784) (2,998,784) (2,998,784) 107,171,818 57,847,780 45,616,124 47,103,614 Trade account payables - K.C.E. International Co., Ltd. 270,841 963,943 - Thai Laminate Manufacturer Co., Ltd. 49,037,626 85,735,552 - KCE Technology Co., Ltd. 97,995,849 32,679,201 - KCE America, Inc. 8,499,388 5,366,132 6,110,002 4,512,546 - KCE Singapore Pte., Ltd. 69,267,579 21,663,857 33,147,592 12,036,984 77,766,967 27,029,989 186,561,910 135,928,226 Other receivables - K.C.E. International Co., Ltd. 1,957,400 3,197,500 - KCE Technology Co., Ltd. 20,000 - KCE America, Inc. 725,792 725,792 1,977,400 3,197,500

√“¬ß“πª√–®”ªï 2545

101 ∫¡®.

‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

CONSOLIDATED THE COMPANY ONLY AS AT DECEMBER 31, 2002 2001 2002 2001 Baht Baht Baht Baht Short-term loans and advances to - Avatar Co., Ltd. Loans (Interest rate at 7.5% per annum, with no collateral) Accrued interest income Accrued rental income Less Allowance for doubtful accounts - Avatar Systems Corporation Loans (Interest rate at 7.5% per annum, with no collateral) Accrued interest income Less Allowance for doubtful accounts - K.C.E. International Co., Ltd. - Thai Laminate Manufacturer Co., Ltd - KCE Technology Co., Ltd. - Director

525,797,727 63,749,320 8,700,000 598,247,047 (598,247,047) -

386,627,727 46,059,176 8,700,000 441,386,903 (441,386,903) -

399,235,126 121,513,662 520,748,788 (520,748,788) -

399,235,126 91,571,027 490,806,153 (490,806,153) 16,475 16,475 742,267

399,235,126 121,513,662 520,748,788 (520,748,788) 945,979 23,032 6,378 975,389 2,952,789

399,235,126 91,571,027 490,806,153 (490,806,153) 626,865 43,035 669,900 3,867,400

Short-term loans and advances from - KCE Technology Co., Ltd. - KCE Singapore Pte., Ltd.

5,123 5,123

Accrued commission expenses - KCE America, Inc. - KCE Singapore Pte., Ltd. Other payables - K.C.E. International Co., Ltd. - KCE Singapore Pte., Ltd. Accrued expenses - KCE America, Inc.

Annual Report 2002

47,345 5,123 52,468

1,020,689 1,020,689

987,231 722,928 1,710,159

919,527 919,527

521,494 521,494

64,041 64,041

5,000 194,677 199,677

600,000 600,000

1,723,444 1,723,444 3,265,627

1,779,323

1,119,204

652,468

102 KCE ELECTRONICS PCL

CONSOLIDATED THE COMPANY ONLY FOR THE YEARS ENDED DECEMBER 31, 2002 2001 2002 2001 Baht Baht Baht Baht Sales - K.C.E. International Co., Ltd. - Thai Laminate Manufacturer Co., Ltd. - KCE Technology Co., Ltd. - KCE America, Inc. - KCE Singapore Pte., Ltd. Purchases - K.C.E. International Co., Ltd. - Thai Laminate Manufacturer Co., Ltd. - KCE Technology Co., Ltd. - KCE America, Inc. - KCE Singapore Pte., Ltd.

324,926,711 105,706,350 430,633,061

285,385,812 79,380,469 364,766,281

15,481,238 3,371,788 29,146,508 143,885,130 54,423,772 246,308,436

23,857,132 9,297,045 30,936,613 203,405,240 49,042,268 316,538,298

249,520,336 249,520,336

7,561,208 187,489,460 195,050,668

5,606,738 174,223,468 309,790,637 129,911,821 619,532,664

12,698,596 314,936,553 222,877,445 7,561,208 111,304,162 669,377,964

882,000 882,000

29,942,635 29,942,635

29,942,634 29,942,634

29,942,635 29,942,635

88,151 29,942,634 30,030,785

712,329 712,329

20,840,757 20,840,757

7,242,628 17,119,825 24,362,453

11,855,562 11,855,562

8,968,539 8,968,539

13,293,973 4,493,000 17,786,973

3,446,366 56,051,098 59,497,464

1,359,000 6,599,293

Rental expenses - Thai Laminate Manufacturer Co., Ltd. Interest received (Interest rate at 7.5% per annum, with no collateral) - KCE Technology Co., Ltd. - Avatar System Corporation Interest expense - K.C.E. International Co., Ltd. Commission expenses - KCE America, Inc. - KCE Singapore Pte., Ltd. Sales of fixed assets - K.C.E. International Co., Ltd. - KCE Technology Co., Ltd. Purchase of fixed assets - K.C.E. International Co., Ltd. - KCE Technology Co., Ltd. √“¬ß“πª√–®”ªï 2545

103 ∫¡®.

‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

CONSOLIDATED THE COMPANY ONLY FOR THE YEARS ENDED DECEMBER 31, 2002 2001 2002 2001 Baht Baht Baht Baht 1,080,160 859,500 1,080,160 8,817,793 -

- KCE Singapore Pte., Ltd. Other (revenue) expenses - K.C.E. International Co., Ltd. - Thai Laminate Manufacturer Co., Ltd. - KCE Technology Co., Ltd. - KCE America, Inc. - KCE Singapore Pte., Ltd.

259,044 26,262 1,157,234 (920,938) (6,967,550) 35,374,901 15,498,679 22,096,601 15,495,670 2,880,553 183,538 1,723,937 183,538 38,255,454 15,682,217 22,925,862 10,127,936 Purchase and sale items are at market price and negotiated price per job order for each product, except for purchase and sale of raw materials with subsidiary companies which are at cost and there is a condition about fixed exchange rate upon settlement. Commission items are at the market price and negotiated price per job order for each product. 17. ALLOWANCE FOR DOUBTFUL ACCOUNTS As at December 31, 2002 and 2001, the Company and subsidiaries have activities with companies which have difficulty in making repayments. The following summarizes such accounts receivable aging (all of items with associated companies which have difficulty in making repayments referred to in Note 16 are not included) : CONSOLIDATED THE COMPANY ONLY December 31, 2002 December 31, 2001 December 31, 2002 December 31, 2001 Number Amounts Number Amounts Number Amounts Number Amounts of of of of accounts Baht accounts Baht accounts Baht accounts Baht

Trade account receivables associated company More than 12 months Trade account receivables - others More than 3 months up to 6 months More than 6 months up to 9 months More than 9 months up to 12 months More than 12 months Total problem trade account receivables

2,998,784

1,652,738

3,265,800

1,231,447

2,977,323

160

234,214

160

140,404

2 1

27,334 49,958 1,730,190

1,441,847 4,941,861

1 1

26,488 49,958 1,308,053

322,235 3,439,962

4,728,974 Annual Report 2002

7,940,645 104 KCE ELECTRONICS PCL

4,306,837

6,438,746

CONSOLIDATED THE COMPANY ONLY December 31, 2002 December 31, 2001 December 31, 2002 December 31, 2001 Number Amounts Number Amounts Number Amounts Number Amounts of of of of accounts Baht accounts Baht accounts Baht accounts Baht Allowance for doubtful accounts Associated company (see Note 16) Other companies

(2,998,784) (620,663) (3,619,447)

(2,998,784) (1,254,806) (4,253,590)

(2,998,784) (620,663) (3,619,447)

(2,998,784) (135,193) (3,133,977)

18. SHARE CAPITAL 18.1 On October 27, 1999, the extraordinary shareholdersû meeting passed resolution to issue 1,500,000 units of share warrants which will be offered for sale to the directors and/or employees of the Company at the price of Baht 0 (zero) per one unit of share warrant, the holder of one unit of share warrant being entitled to buy 1 ordinary share at 25% of the weighted average closing price of ordinary shares which is traded in the Stock Exchange of Thailand on the date approved by the Office of the Securities and Exchange Commission but not less than Baht 10 per share. The exercise period is every March, June, September and December 15 of the year. The exercise period will be effective within five years from the date on which warrants are issued. 18.2 On April 26, 2001, the ordinary shareholdersû meeting has a resolution to amend an allotment of 1.5 million units of share warrants from being offered for sale to the directors and/or employees of the Company to being offered for sale to the directors and/or employees of the Company and/or subsidiary companies. 18.3 For the year ended December 31, 2001, 140,000 share warrants were exercised at Baht 25 per a new ordinary share and the Company has registered to increase the issued and paid-up share capital from Baht 300,900,000 to Baht 302,300,000 by issuing 140,000 shares of Baht 10.00 par value each with the Commercial Registration Department. For the year ended December 31, 2002, 597,000 share warrants were exercised at Baht 25 per a new ordinary share and the Company has registered to increase the issued and paid-up share capital from Baht 302,300,000 to Baht 308,270,000 by issuing 597,000 shares of Baht 10.00 par value each with the Commercial Registration Department. 18.4 On January 18, 2002, the extraordinary shareholdersû meeting of a subsidiary company (KCE Technology Co., Ltd.) passed a special resolution to increase the registered capital by Baht 100 million, from Baht 600 million to Baht 700 million by issuing 10 million shares of Baht 10.00 par value each. The subsidiary company duly registered the increase in share capital with the Registrar of Partnerships and Companies on January 21, 2002. Such subsidiary company received subscriptions for increased share capital of Baht 100 million. On April 11, 2002, the ordinary shareholdersû meeting of the subsidiary company passed a special resolution to increase the registered capital by Baht 200 million, from Baht 700 million to Baht 900 million by issuing 20 million shares of Baht 10.00 par value each. The subsidiary company duly registered the increase in share capital with the Registrar of Partnerships and Companies on April 24, 2002. Such subsidiary company received subscriptions for increased share capital of Baht 200 million.

√“¬ß“πª√–®”ªï 2545

105 ∫¡®.

‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

18.5 Weighted average number of ordinary shares As at December 31, 2002 and 2001, the weighted average number of ordinary shares is calculated as follows : CONSOLIDATED AND THE COMPANY ONLY 2002 2001 Shares Shares 30,230,000 30,090,000

Balance brought forward New shares issued during the year (597,000 shares in 2002 and 140,000 shares in 2001) Weighted average number of ordinary shares Share warrants remaining (0.67 million shares in 2002 and 1.27 million shares in 2001) Diluted weighted average number of ordinary shares

325,156 30,555,156

69,041 30,159,041

375,541 30,930,697

598,895 30,757,936

19. FINANCIAL INFORMATION BY SEGMENT The Company and its subsidiaries没 operations involve an industry segment in electronic, prepreg and laminate products and carried on the geographical segment. Intersegment revenues consist of sales from Thai Laminate Manufacturer Co., Ltd. to the Company and two subsidiary companies (K.C.E. International Co., Ltd. and KCE Technology Co., Ltd.) which sales price are at market price. Geographical segment information of the Company and its subsidiaries for the years ended December 31, 2002 and 2001 are as follows : For the year ended December 31, 2002 Prepreg and laminate business Baht Revenues - Revenues from the sale of good - Other revenues Less Related transactions Total revenues Profit before income tax expenses Less Income tax expenses Less Minority interest in consolidated net profit Net profit Intersegment assets General assets Total assets

428,822,647 7,196,083 436,018,730

Electronic business America Baht

Europe Baht

859,336,436 2,004,738,680 859,336,436 2,004,738,680

Asia Baht

Total Baht

132,209,890 (20,537,345) 111,672,545

Annual Report 2002

106 KCE ELECTRONICS PCL

Baht

755,253,851 3,619,328,967 4,048,151,614 108,867,623 116,063,706 (428,822,647) (428,822,647) 755,253,851 3,299,373,943 3,735,392,673

51,757,681 (8,353,735) 43,403,946

279,054,251 214,610,659 493,664,910

Total

183,967,571 (28,891,080) 155,076,491

(7,036,302) 148,040,189 3,320,937,936 3,599,992,187 1,968,612,053 2,183,222,712 5,289,549,989 5,783,214,899

For the year ended December 31, 2001 Prepreg and laminate business Baht Revenues - Revenue from the sale of goods - Other revenues Less Related transactions Total revenues Profit before income tax expenses Less Income tax expenses Less Minority interest in consolidated net profit Net profit Intersegment assets General assets Total assets

506,188,709 2,715,247 508,903,956

Electronic business America Baht

Europe Baht

831,341,417 2,188,405,876 831,341,417 2,188,405,876

Asia Baht

Total Baht

6,340,036 (15,488,219) (9,148,183)

Baht

481,812,433 3,501,559,726 4,007,748,435 71,005,020 73,720,267 (506,188,709) (506,188,709) 481,812,433 3,066,376,037 3,575,279,993

18,572,304 (640,276) 17,932,028

233,925,663 275,449,884 509,375,547

Total

24,912,340 (16,128,495) 8,783,845

(5,550,660) 3,233,185 2,799,450,369 3,033,376,032 1,428,038,566 1,703,488,450 4,227,488,935 4,736,864,482

20. COMMITMENTS, CONTINGENCIES AND CERTAIN UNUSED CREDIT FACILITIES 20.1 As at December 31, 2002 and 2001, the Company and all subsidiary companies (K.C.E. International Co., Ltd., Thai Laminate Manufacturer Co., Ltd. and KCE Technology Co., Ltd.) have contingent liabilities to banks in respect of guarantees issued on their behalf amounting to Baht 27.06 million and Baht 26.93 million, respectively. 20.2 The Company and subsidiary companies have unused letters of credit of approximately Baht 2,110.79 million and USD 32.41 million as at December 31, 2002 and approximately Baht 2,458.71 million and USD 41.04 million as at December 31, 2001. 20.3 The Company has contingent liabilities for a guarantee of loans and every type of credit of a subsidiary company (K.C.E. International Co., Ltd.) as at December 31, 2002, amounting to Baht 720.71 million and USD 6.25 million and as at December 31, 2001, amounting to Baht 762.08 million and USD 1.25 million. 20.4 A subsidiary company (K.C.E. International Co., Ltd.) has contingent liabilities for guarantees of the Companyûs loans and every type of credit of approximately Baht 475.31 million and USD 2 million as at December 31, 2002 and approximately Baht 723.46 million and USD 2 million as at December 31, 2001. 20.5 The Company has contingent liabilities for a guarantee of loans and every type of credit of a subsidiary company (KCE Technology Co., Ltd.) as at December 31, 2002, amounting to Baht 2,490 million and USD 50 million and as at December 31, 2001, amounting to Baht 2,160 million and USD 41.50 million. 20.6 The Company and a subsidiary company (K.C.E. International Co., Ltd.) have contingent liabilities for guarantee of loans and every type of credit of another subsidiary company (Thai Laminate Manufacturer Co., Ltd.) of approximately √“¬ß“πª√–®”ªï 2545

107 ∫¡®.

‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

Baht 155 million and USD 3 million as at December 31, 2002 and approximately Baht 195 million and USD 3 million as at December 31, 2001. 20.7 As at December 31, 2002 and 2001, the Company and a subsidiary company (Thai Laminate Manufacturer Co., Ltd.) have contingent liabilities of Baht 10 million and USD 5 million, for guarantees of loans of another subsidiary company (K.C.E. International Co., Ltd.). 20.8 The Company has contingent liabilities for a guarantee of loans and every type of credit of a subsidiary company (Thai Laminate Manufacturer Co., Ltd.) of approximately Baht 463 million and USD 19.4 million as at December 31, 2002 and approximately Baht 63 million and USD 3.9 million as at December 31, 2001. 20.9 As at December 31, 2002, a subsidiary company (Thai Laminate Manufacturer Co., Ltd.) has commitment for construction agreement of extension of factory with a company of approximately Baht 7.95 million. Such agreement will be completed within 2003. 21. INVESTMENT PROMOTION PRIVILEGES 21.1 The Company is granted certain rights and privileges as a promoted industry under the Investment Promotion Act B.E. 2520 (1977) including exemption from customs duties for machinery which are approved by the Board of Investment, and exemption from company income tax for three years from January 1, 1996 under promotion certificate No. 1292/1996 and exemption from customs duties for machinery which are approved by the Board of Investment, and exemption from company income tax for three years from August 8, 1998 under promotion certificate No. 1062/1998 and exemption from company income tax for three years from June 2, 2000 under promotion Certificate No. 1065/2000. 21.2 A subsidiary company (K.C.E. International Co., Ltd.) is granted certain rights and privileges as a promoted industry under the Investment Promotion Act B.E. 2520 (1977) including exemption from customs duties for machinery which are approved by the Board of Investment and exemption from company income tax for three years from October 13, 1999 under promotion certificate No. 1015/1999. Shareholders of the Company will be exempted from tax on dividend received during the period in which the company is granted exemption from company income tax. 21.3 A subsidiary company (Thai Laminate Manufacturer Co., Ltd.) is granted certain rights and privileges as a promoted industry under the Investment Promotion Act B.E. 2520 (1977) including exemption from customs duties for machinery which are approved by the Board of Investment and exemption from company income tax for three years from January 16, 1997 under promotion certificate No. 1618/1995 and exemption from company income tax for three years from November 3, 2001 under promotion certificate No. 1099/2001. 21.4 As at April 5, 2000, a subsidiary company (KCE Technology Co., Ltd.) was granted certain rights and privileges as a promoted industry under the Investment Promotion Act B.E. 2520 (1977), including exemption from customs duties for machineries which are approved by the Board of Investment, exemption from customs duties for imported raw materials and significant supplies used in export production for a period of one year from the first import date and exemption from company income tax for seven years from the date the company commences receiving operating revenues. The shareholders of such company will be exempted from tax on dividend received during the period in which the company is granted exemption from company income tax. Annual Report 2002

108 KCE ELECTRONICS PCL

The Company and subsidiary companies are also permitted to deduct from net income 5% of the increase in export sales over the prior years of 10 years as from the date they commenced receiving operating revenues. The Company and subsidiary companies thus have to comply with certain conditions in the promotion certificates. 21.5`Revenues from Promoted Business Revenues under the Revenue Code from promoted business consist of the following : The consolidated financial statements :

Revenue Revenue from export sales Revenue from local sales Interest income Other revenues Total revenues

Promoted Baht

2002 Non-Promoted Baht

Total Baht

2,631,803,874 105,572,341 1,754,557 55,110,124 2,794,240,896

1,629,931,869 82,529,794 29,992,222 38,619,045 1,781,072,930

4,261,735,743 188,102,135 31,746,779 93,729,169 4,575,313,826

Promoted Baht

2001 Non-Promoted Baht

Total Baht

2,589,367,468 58,149,856 2,250,219 26,523,945 2,676,291,488

1,569,644,652 74,597,268 32,862,239 25,476,584 1,702,580,743

4,159,012,120 132,747,124 35,112,458 52,000,529 4,378,872,231

Promoted Baht

2002 Non-Promoted Baht

Total Baht

861,908,775 44,333,216 474,085 14,199,460 920,915,536

847,610,231 40,254,584 29,944,796 22,268,085 940,077,696

The Companyûs financial statements :

Revenue Revenue from export sales Revenue from local sales Interest income Other revenues Total revenues √“¬ß“πª√–®”ªï 2545

109 ∫¡®.

‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

1,709,519,006 84,587,800 30,418,881 36,467,545 1,860,993,232

Revenue Revenue from export sales Revenue from local sales Interest income Other revenues Total revenues

Promoted Baht

2001 Non-Promoted Baht

1,523,271,959 15,865,898 1,778,028 24,797,337 1,565,713,222

521,306,943 49,884,440 30,034,020 9,312,146 610,537,549

Total Baht 2,044,578,902 65,750,338 31,812,048 34,109,483 2,176,250,771

22. DISCLOSURE OF FINANCIAL INSTRUMENTS 22.1 Accounting policies Details of significant accounting policies are disclosed in Note 4. 22.2 Credit risk Credit risk refers to the risk that counterparty will default on its contractual obligations resulting in a financial loss to the Company and its subsidiaries. The credit risk with respect to trade receivable is low, due to the fact that the customers of the Company and its subsidiaries have low history of repayment problems. The Company and subsidiary companies have low concentration of credit risk due to the customers of the Company and its subsidiaries are diverse. In the case of recognized financial assets, the carrying amount of the assets recorded in the balance sheet, net of a portion of allowance for doubtful accounts, represents the Company and its subsidiaries maximum exposure to credit risk. 22.3 Interest rate risk Interest rate risk arises from the potential for a change in interest rates to have an adverse effect on the net interest earnings of the Company and its subsidiaries in the current reporting period and in future period. The Company and subsidiary companies anticipate that the interest rate which may increase in the future may have a material effect on their interest expenses. 22.4 Foreign exchange risk Foreign exchange risk arises from the change in foreign currency exchange rate to have an adverse effect on the Company and its subsidiaries in the current reporting period and in future years. The Company and subsidiary companies anticipate that the exchange rate which may change in the future and will affect the purchase and sale transactions in foreign currency may have a material effect on their results of operations. However, the Company and its subsidiaries have forward contracts for hedging part of their liabilities in foreign currencies (see Note 8). 22.5 Fair value of financial instruments Accounting Standard No. 48, Ă§Financial Instruments Disclosure and PresentationĂŠ requires certain fair value disclosures. Considerable judgement is necessarily required in estimation of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amount that could be realized in a current market exchange. Annual Report 2002

110 KCE ELECTRONICS PCL

As at December 31, 2002 and 2001, the value of financial assets and financial liabilities presented in the financial statements, which were different from the estimated fair value were as follows : Baht : Million

Receivables from forward contracts, net

CONSOLIDATED DECEMBER 31, 2002 DECEMBER 31, 2001 Carrying Value Fair Value Carrying Value Fair Value 11.83 11.84 51.12 51.33

In the Companyûs financial statements as at December 31, 2002 and 2001, the Company has no remaining forward contracts. The following methods and assumptions were used by the Company and its subsidiaries in estimating fair values of financial instruments as disclosed herein : Cash in hand and at banks, short-term investments, accounts receivable and accounts payable; the carrying values approximate their fair values. Investment; fair value for listed securities is based on quoted market prices. The current net assets value of non-listed securities based on the latest available financial statements of those companies approximate fair values. Bank overdrafts and loans from financial institutions with floating rate of interest; the carrying values approximate their fair values. 23. SUBSEQUENT EVENT As at January 16, 2003, the Company entered into a contract to buy to sell for land purchase with a bank of Baht 60 million.

√“¬ß“πª√–®”ªï 2545

111

∫¡®. ‡§´’ Õ’ Õ’ ‡ ≈§‚∑√π‘ § å

√“¬°“√∑’Ë°”Àπ¥µ“¡·∫∫ 56-2 CHECK LIST OF 56-2 √“¬°“√/Items 1. ¢âÕ¡Ÿ≈∑—Ë«‰ª General Information 2. ¢âÕ¡Ÿ≈∑“ß°“√‡ß‘π‚¥¬ √ÿª Financial Highlights of the Company 3. ≈—°…≥–°“√ª√–°Õ∫∏ÿ√°‘® Business Overview 4. ªí®®—¬§«“¡‡ ’¬Ë ß Risk Factors 5. ‚§√ß √â“ß°“√∂◊ÕÀÿâπ·≈–°“√®—¥°“√ Shareholders and Management Structure 5.1 ºŸ∂â Õ◊ Àÿπâ (Shareholders) 5.2 °“√®—¥°“√ (Management) 5.3 °“√°”°—∫¥Ÿ·≈°‘®°“√ (Corporate Good Governance) 6. √“¬°“√√–À«à“ß°—π Connected Transactions 7. §”Õ∏‘∫“¬·≈–°“√«‘‡§√“–Àå∞“π–°“√‡ß‘π·≈–º≈°“√¥”‡π‘πß“π Management Discussion and Analysis 8. ß∫°“√‡ß‘π Financial Statements

Annual Report 2002

112

KCE ELECTRONICS PCL

Àπâ“/Page 31-32 2-3 10-12 28-30 13-15 13 13-15 16-21 26-27 24-25 33-111

KCE ELECTRONICS PUBLIC COMPANY LIMITED 125-125/1, 1 À¡Ÿà 4 π‘§¡Õÿµ “À°√√¡≈“¥°√–∫—ß ·¢«ß≈”ª≈“∑‘« ‡¢µ≈“¥°√–∫—ß °√ÿß‡∑æœ 10520 125-125/1, 1 Moo 4 Lat Krabang Industrial Estate, Kwang Lumplatew, Lat Krabang, Bangkok 10520, Thailand Tel. (662) 326-0196 Fax. (662) 326-0300

Design & Photo by STYLE 0-2945-8051-6

∫√‘…∑— ‡§´’Õ’ Õ’‡≈§‚∑√π‘§ å ®”°—¥ (¡À“™π)