2. Total Operating Performance Total Operating Performance of IRPC and its subsidiaries for year 2021 are as follow: Unit: Million Baht Unit: USD per barrel 2021 2020 2021 2020 Average FX (THB/USD) 32.15 31.46 Total Crude Intake (Mbbl) 70.19 70.35 Average Crude (USD/bbl) (1) 72.43 43.80 Sales (2) 255,115 174,463 113.05 78.83 Net Sales (3) 235,174 152,319 104.22 68.82 Cost of Feedstock (Market Price) (205,586) (132,905) (91.10) (60.04) Market GIM 29,588 19,414 13.12 8.78 Stock Gain (Loss) 13,112 (3,485) 5.81 (1.57) Lower of Cost or Market (54) 162 (0.02) 0.07 Realized Gain (Loss) on Oil Hedging (1,954) 1,734 (0.87) 0.78 Net Stock Gain (Loss) 11,104 (1,589) 4.92 (0.72) Accounting GIM 40,692 17,825 18.04 8.06 Other Incomes (4) 1,968 2,176 0.87 0.98 Selling Expenses (2,105) (1,375) (0.93) (0.62) Accounting GIM and Other Incomes 40,555 18,626 17.98 8.42 OPEX (13,594) (13,934) (6.03) (6.29) EBITDA 26,961 4,692 11.95 2.13 Depreciation (8,587) (8,952) (3.81) (4.04) EBIT 18,374 (4,260) 8.14 (1.91) Net Financial Cost (1,699) (1,847) (0.75) (0.83) Gain (Loss) on Financial Derivatives (302) (419) (0.13) (0.19) Gain (Loss) on Foreign Exchange from Borrowing (474) (2) (0.21) - Unrealized Gain (Loss) on Oil Hedging 313 (961) 0.14 (0.43) Gain (Loss) on Impairment and Disposal of Fixed Assets (46) (535) (0.02) (0.24) Gain (Loss) on Investment 719 339 0.32 0.15 Other Expenses (1) 1 (0.00) 0.00 Net Profit (Loss) before Income Tax 16,884 (7,684) 7.49 (3.45) Income Tax (2,351) 1,554 (1.04) 0.70 Gain (Loss) on Non-controlling Interests (28) (22) (0.01) (0.01) Net Profit (Loss) 14,505 (6,152) 6.44 (2.76) Earning per Share (EPS) (Baht/Share) 0.71 (0.30) Notes: (1) Average market prices of crude used in the production process (2) Sales includes (1) Petroleum Sales (2) Petrochemical Sales (3) Power and Utilities Sales (4) Sales of tank farm and port service, etc. (3) Net Sales includes (1) Petroleum Sales (excluding excise tax) (2) Petrochemical Sales (3) Power and Utilities Sales (4) Including land, tank farm and port service etc. 174 IRPC PUBLIC COMPANY LIMITED 56-1 ONE REPORT 2021
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