Electric Power Development Co., Ltd. · TSE:9513

Electric Power Development — Q3 FY2015 Earnings Presentation

30 slides from Electric Power Development's earnings presentation, Jan 29, 2016

  1. Slide 1: 2016 2016

    2016 3 27 3 2016 1 29

  2. Slide 2: kWh

    SW PowER kWh

  3. Slide 3: APPENDIX

    MOtTOR O O ao A A A A & APPENDIX

  4. Slide 4: 2014 2015 4-12 4-12 5,439 5,788 6.4% 30.9% 34 552 17 3.3% 390 395

    2014 2015 4-12 4-12 5,439 5,788 349 6.4% 591 773 182 30.9% 534 552 17 3.3% 390 395 5 1.3% 2014 2015 4-12 4-12 4,174 4,185 10 0.3% 430 462 32 7.5% 337 438 100 29.7% 244 334 89 36.6% 3

  5. Slide 5: kWh

    [ ] 2014 2015 kWh 472 499 26 5.6% 69 79 10 14.4% 385 405 20 5.2% 17 13 -3 -21.4% 56 96 39 70.1% [ ] 95% 109% +14 74% 78% +4 * 4

  6. Slide 6: THB/US$ 9 /US$ /THB

    2014 2015 5,439 5,788 349 6.4% 4,392 4,310 -82 -1.9% 808 832 23 2.9% 2,898 2,877 -20 -0.7% 301 216 -85 -28.2% 664 1,109 445 67.1% 383 368 -14 -3.7% /US$ 106.73 121.74 /THB 9 3.38 3.29 THB/US$ 9 32.37 36.37 *1 *2 5

  7. Slide 7: 42.5 kW kW

    + 182    2 *    + 17  -7  - 146  -11 +5  *2014 3 28 2 100 kW 8 6 42.5 kW 2015 6 11 6

  8. Slide 8: IPP IPP IPP

    2014 2015 5,439 5,788 349 4,392 4,310 -82 +5 87 664 1,109 445 IPP 383 368 -14 4,848 5,014 166 IPP 591 773 182 +32 +150 173 159 -13 116 108 -7 57 50 -6 229 380 151 199 219 20 IPP - 136 136 30 24 -5 534 552 17 390 395 5 7

  9. Slide 9: 2015 2014 22,754 22,191 -563 9,865 9,570 -294 2,648 3,028 380 +380 1,151 994

    2015 2014 3 22,754 22,191 -563 9,865 9,570 -294 276 2,648 3,028 380 +380 1,151 994 -156 153 5,069 4,787 -281 416 698 714 730 15 3,305 3,079 -225 253 3,836 3,334 -502 26,591 25,526 -1,065 17,236 16,294 -942 575 366 [ 609 219 ] 2,391 2,294 -97 19,628 18,589 -1,039 6,294 6,562 267 592 294 -298 281 75 8

  10. Slide 10: /US$ /THB THB/US$

    2014 2015 2014 2015 7,506 7,920 413 5.5% 5,579 5,620 40 0.7% 728 830 101 13.9% 445 400 -45 -10.2% 593 550 -43 -7.3% 289 380 90 31.3% 432 420 -12 -2.8% 224 310 85 38.1% 2015 35 35 70 2014 2015 2015 * 12 /US$ 120.55 120.61 120 /THB 3.67 3.34 3.3 THB/US$ 32.96 36.09 36.37 9

  11. Slide 11: APPENDIX

    APPENDIX 10

  12. Slide 12: APPENDIX

    APPENDIX  12  13  14  17  18  20  21  22  23  24  25 11

  13. Slide 13: WS PowER

    WS PowER Q)

  14. Slide 14: 1,383MW ABWR MOX

     2014 12 16   1,383MW ABWR MOX 2015 12 12 5 10 2008 2009 2010 2011 2012 2013 2014 2015 4 3 13

  15. Slide 15: WS PowER

    WS PowER |_| v 2016 11 2021 12 v 1,300 Peace SESE BABS | BRECK, BH HEROS | AOUAME KER ESEEOR REG REROME | | tok MaOkeit TTMBELAVV SRA FOB BEvoOn ERA BST ME BID OM Rt *ME oe —- 44> I PSUR I —y bORLA I b-e emit Reet om / # = N= are , ! set ne JSRBMACTR ony at + ma xs SCAM ACTF nt ra BREE 7 ' +r ATE ay

  16. Slide 16: WS PowER

    WS PowER |_| dh eS Rt BH Aie VI=Fa—-k FL— hE AEH PARoOMR* Mw8.3 AE MAPASIAME M7.5 BFIL—-+AME BE+BPMASIAME M8.2 REBAMRIICk£SitRz M75 AEM RAH Re F-14 Blck Si M6.7 * : FERK235F (2011 4F) RALMAAT FPMREBEA, =BPABO BACF RSRAOT+BAR Udi SPO FAK O 3B (Mw9.0) [LDUYT, FHDSOBRBELT . DEH 142 143 le room “Te Pals

  17. Slide 17: WS PowER

    WS PowER 2011 \\\8 748 15K 75 BT PS + Bae _b OD FA eo AA ER - ABEL SY « KLUB SR (LUA BA ER) =BiPDoRS i RA RRA EER 7 U-Heia : EFI ZRH Mw8. 2 EFL Mw9. 0 fi “fl Ly Lok mat 9 BETSY e AIAG j j BAT AUR ; { ) Q)

  18. Slide 18: 7SPP IPP IPP

     7SPP IPP IPP 2015 12 MW 8,000 MW 6,000 4,488 - 4,488 4,000 1,442 - 1,442 910 - 910 2,000 656 680 1,336 7,496 680 8,176 - '08 '09 '10 '11 '12 '13 '14 '15 '15 12 MW MW 2,000 680 2,000 34% 680 25 * 捗 17

  19. Slide 19: 7 SPP* 1 IPP IPP

    *1 7 SPP*1 • SPP 2009 11 790MW • 10 kW 7 2010 10 110MW 5 2013 1 1 120MW 2 • 25 EGAT CCGT*3 2013 10 7 • 6 90% 1 67.5%*2 IPP • 25 EGAT 2007 12 2008 10 1,600MW 2011 11 800MW 2 J-POWER CCGT*3 2014 6 1 90% 10% 2014 12 2 Gulf JP Co., Ltd. IPP 100% 2007 12 2008 10 1,600MW 2012 10 800MW 2 2015 6 1 CCGT*3 PT

  20. Slide 20: IPP 2014 NK2 2013 TLC 2013

    IPP 2014 NK2 2013 10 TLC 2013 3 KP2 2013 2 IPP 2015 KP1 2013 1 CRN 2013 7 NNK 2013 4 NLL 2013 5 19

  21. Slide 21: 2011 2012 2013 2014 2014 3Q 2015 3Q 6,546 6,560 7,068 7,506 5,439 5,788

    2011 2012 2013 2014 2014 3Q 2015 3Q 6,546 6,560 7,068 7,506 5,439 5,788 6,097 6,053 6,090 5,881 4,392 4,310 20 16 428 1,089 664 1,109 428 490 549 535 383 368 6,048 6,014 6,476 6,777 4,848 5,014 498 545 591 728 591 773 153 175 223 227 173 159 95 117 163 156 116 108 57 58 59 70 57 50 285 273 414 362 2

  22. Slide 22: 2011 2012 2013 2014 2014 3Q 2015 3Q 5,999 5,869 5,828 5,579 4,174 4,185

    2011 2012 2013 2014 2014 3Q 2015 3Q 5,999 5,869 5,828 5,579 4,174 4,185 10 5,905 5,772 5,729 5,485 4,106 4,111 5 1,084 1,066 1,047 1,057 808 832 23 4,244 4,139 4,119 3,896 2,901 2,883 -17 576 566 562 532 396 396 -0 94 97 99 93 68 73 4 5,576 5,436 5,423 5,133 3,744 3,722 -21 5,490 5,347 5,334 5,049 3

  23. Slide 23: * 2015 4,322 2,455 1,109 8,043 -2,254 5,788 3Q 4,310 1,109 141 5,788 -

    * 2015 4,322 2,455 1,109 155 8,043 -2,254 5,788 3Q 4,310 226 1,109 141 5,788 - 5,788 388 69 81 4 543 9 552 2014 4,404 2,367 664 174 7,610 -2,171 5,439 3Q 4,392 224 664 158 5,439 - 5,439 351 35 129 4 521 13 534 -82 87 445 -18 432 -83 349 -82 2 445 -16 349 - 349 37 33 -48 0 22 -4 17 * 22

  24. Slide 24: 3Q 3Q CF

    2011 2012 2013 2014 2014 3Q 2015 3Q 1,258 1,197 1,221 1,478 867 944 332 451 427 615 536 552 1,004 894 815 778 581 542 -1,368 -1,703 -1,773 -1,429 -988 -910 -642 -1,002 -957 -879 -634 -308 * -684 -662 -865 -611 -460 -690 -109 -505 -552 48 -121 34 CF 2,000 1,500 1,000 500 - 2011 2012 2013 2014 * 23

  25. Slide 25: 2011 2012 2013 2014 2014 3Q 2015 3Q 6,546 6,560 7,068 7,506 5,439 5,788

    2011 2012 2013 2014 2014 3Q 2015 3Q 6,546 6,560 7,068 7,506 5,439 5,788 498 545 591 728 591 773 366 448 400 593 534 552 161 298 286 432 390 395 20,163 21,699 23,852 26,591 24,970 25,526 3,804 4,646 5,126 5,069 5,210 4,787 4,073 4,539 5,162 6,887 5,484 6,856 4,061 4,538 5,194 6,962 5,541 6,937 14,357

  26. Slide 26: kWh kWh

     2014 4 - 12 2015 4 - 12 74 78 385 kWh 405 kWh  2014 76% 525 kWh 97% 98% 10,000 100% 86% 85% 80% 78% 79% 90% 90% 8,000 85% 80% 84% 79% 79% 75% 74% 68% 60% 60% 6,000 65% 5,690 5,693 60% 57% 4,508 4,717 4,646 53% 4,341 4,466 4,000 3,529 40% 2,982 4,949 5,267 4,952 4,863 4,460 2,000 4,560 4,779 20%

  27. Slide 27: 79 kWh 69 kWh

     2014 4 - 12  2015 4 - 12 95 109 69 kWh 79 kWh  2014 % 90 kWh 4,000 200% 153% 157% 3,000 143% 150% 133% 127% 119% 124% 121% 112% 114% 92% 93% 2,000 89% 100% 85% 77% 102% 72% 84% 96% 84% 70% 1,222 1,062 1,092 1,000 920 919 874 50% 769 551 525 1,117 816 782 724 762 754 830 736 622 505 603 772 0 0%

  28. Slide 28: 200% 150% 100% 50% 0% - 141% 134% 119% 147% 69% 125% 89% 104%

    200% 150% 100% 50% 0% 4 5 6 7 8 9 10 11 12 1 2 3 4 - 12 141% 134% 119% 147% 69% 125% 89% 104% 112% 114% 88% 106% 122% 131% 115% 97% 95% 100% 94% 105% 97% 111% 122% 134% 106% 101% 94% 101% 96% 107% 27

  29. Slide 29: kWh kWh

     2014 4 - 12  2015 4 - 12 17 kWh 13 kWh  2014 24 kWh kWh 300 98 250 97 78 200 37 39 55 64 33 85 55 45 78 31 181 170 169 150 44 175 153 155 145 147 73 146 54 147 134 47 55 33 119 117 115 100 67 55 92 89 90 72 72 50 56 44 0 2014 2015 2014 2015 IPP IPP 28

  30. Slide 30: http://www.jpower.co.jp/

    http://www.jpower.co.jp/ 29

Electric Power Development Co., Ltd. (J-POWER) — Q3 FY2015 Earnings Presentation on 6ix