/:

24/03/2540 15:37:00

2539

TPIPL

()

31 2539 2538

()

31

2539 2538

()

27

1106
2540

31

()

2539

2538

19,536,307

( 1.2)
1,679,369,777

4,907,768

2,028,320,212

( 3)
391,500,000

607,300,000

( 1.3 4)
3,114,563,743

4,312,697,374

521,132,940

550,470,368

7,488,986,833

5,740,811,656

( 1.4 5)

4,346,205,976

- ( 1.5 6)
23,102,390,900

2,588,072,140

23,668,577,267

( 7)

( 1.6 8)
3,287,257,155

11,220,734,650

7,726,382,278

5,552,333,008

52,276,837,734

42,444,914,129

31

()

2539

2538

( 9)
4,179,365,997

7,767,446,543
4,567,623,000

1,245,000,000

1,065,931,954

1,033,967,737

( 10 12)

( 10)
( 12)

( 13)

1,854,499,486

1,497,992,970

32,819,930
516,492,735

728,466,920

827,484,922

583,829,744

93,902,532

67,372,423

16,726,201,102

9,819,675,721

22,937,171,327
426,760,567
40,090,132,996

483,679,930

20,854,178,403
240,690,448

30,914,544,572

270,000,000 10.00

2,700,000,000

2,700,000,000

253,750,000 10.00

2,537,500,000

241,666,666 10.00

2,416,666,660

( 14)

6,766,666,650

3,012,124,916

6,766,666,650

2,358,486,322

12,316,291,566

11,541,819,632

(129,586,828)

(11,450,075)

12,186,704,738

11,530,369,557

52,276,837,734

42,444,914,129

()

31
2539

2538

10,685,641,651

7,604,707,565

102,877,073

157,693,162

750,958,945

471,912,957

210,804,725
11,750,282,394

199,158,022
8,433,471,706

7,709,586,615

1,613,442,025

1,545,240,160

( 15)

5,104,256,645

10,868,268,800

882,013,594

1,305,845,704
1,193,115,940
7,603,218,289
830,253,417

882,013,594

830,253,417

2,358,486,322

2,059,899,570

(228,375,000)

( 1.8)

3,012,124,916

3.50

(531,666,665)
2,358,486,322
3.44

()

31

2539

2538

882,013,594

830,253,417

INTEREST RATE SWAP

1,255,808,517

()

984,066,694

(114,396,327)

102,132,839

121,502,873

(102,877,073)

(157,693,162)

5,623,030

2,028,304,580

1,778,129,822

()

(348,950,436)
(1,198,133,631)

(569,949,204)

(1,154,909,045)

29,337,429

(210,420,977)

()

()

36,119,784
(114,778,612)

391,767,884
158,326,018

167,196,075

163,345,573

26,530,109

33,345,307

625,625,298

589,635,378

 ()
()

31

2539

2538

(602,069,243)

(1,988,576,100)

(8,354,143,029)

(1,078,994,289)

()
(10,035,206,561)

(6,022,797,328)
(1,681,316,853)
4,449,585

(9,688,240,696)

3,285,931,378

835,000,000

3,539,733,731
3,322,623,000

421,389,200

(568,500,000)

5,655,051,315

(450,860,000)
2,773,288,866
120,833,340

(531,666,665)

(228,375,000)
()

9,077,243,937

9,097,205,228
()
(348,365,955)

14,628,539


353,273,723

4,907,768

4,907,768

19,536,307

 ()

31 2539 2538

1.
1.1

1.2

1.3

1.4

20

( 5)

1.5

2539

.../2

- 2

20 - 40

( )

1,560,000

1,600,000

10

10

1.6

20 - 40

10

12

25

1.7

2538 ()

CURRENCY SWAP

2539 ()
CURRENCY SWAP

()

CURRENCY SWAP CURRENCY SWAP

 ( 12 21)
.../3

- 3 1.8

( 11)

31 2539

1.9

31 2538

31 2539
2.
2.1

2539

2.2

2,730,753,235

3,721,427

2538
1,933,570,588
36,826,760

31 2539 2538

129,586,828 11,450,075
2.3

31 2539 2538

571,291,407 3,524,875,429
3.

4.

2539

2538

673,960,313

572,553,097

201,978,944

403,140,992

463,744,434

337,595,204

1,106,628,600

192,902,893

1,292,514,520

98,715,117

68,352,517

470,710,047

503,390,405

1,035,800,152

4,445,399

828,483

4,312,697,374

3,114,563,743

.../4
- 4

5.

( )

2539

2538

99.99

88,278,401

99.99

62,549,062

74.99

218,617,440

74.99

194,900,580

99.99

34,104,060

99.99

32,204,557

( )

99.99

1,458,508

99.99

1,431,837

99.99

12,801,244

99.99

12,552,095

99.99

53,982,000
409,241,653

()

()

303,638,131

()

49.00 1,379,674,989

49.00 1,359,616,518

24.53 1,074,552,929

25.00

443,770,473

40.00

40.00

101,205,276

()

28.75

105,505,476
10,214,424
2,569,947,818

.../5

- 5 1,904,592,267

2539

2538

(
)

1,296,906,128

176,939,437

(129,586,828)
1,167,319,300

(11,450,075)
165,489,362

()

150,748,800
1,318,068,100
4,297,257,571

144,152,800
309,642,162

2,517,872,560

33,236,805
15,711,600
48,948,405
4,346,205,976

54,487,980
15,711,600
70,199,580
2,588,072,140

 31 2539

31 2539 2538

1,167,319,300 165,489,362
31 2539 2538
1,224,999,800

.../6

- 6 ()

31 2539
31 2538

2539 2538

() ()

(

)

99.99

0.03

99.99

0.02

 ()

()

40.00

0.48

40.00

0.15

()

49.00

2.25

49.00

10.74

28.75

(0.02)

()

30

2539

2538

1 31 2539 ( 2538 )

.../7

- 7 6.

2539

2538

2,541,533,448

2,044,618,958

102,404,600

102,404,600

4,638,097,726

4,566,296,686

16,620,849,880

15,944,983,741

2,363,693,644
174,320,603

2,017,509,956
136,175,200

290,225,705

258,957,281

26,731,125,606

25,070,946,422

(3,062,548,339)

(1,968,555,522)

23,668,577,267

23,102,390,900

1,093,992,817

862,495,019

7.

( 10)

2539

2538

4,180,327,236

1,694,644,348

1,347,375,406

903,116,281

5,693,032,008

5,128,621,649

11,220,734,650

7,726,382,278

( 10)
.../8

- 8 31 2539

31,736,516

373,999,171

31 2538

80,827,655 196,783,278

8.

2539

2538

8,903

36,362,686

36,362,686

14,596,464

14,596,464

6,300

500

4,160,029,192

2,689,264,218

26,728,703

21,976,384

26,792,015

26,444,998

555,173,441

461,754,695

149,696,623

56,508,794

573,870,043

5,543,255,467

3,306,917,642

(563,952,810)

(370,352,844)

4,979,302,657

2,936,564,798

312,433,664

144,724,779

()

158,127,555

92,100,000

99,556,263

113,170,988

2,912,869

696,590

5,552,333,008

3,287,257,155

.../9

- 9 9.

2539
285,198,537

7,482,248,006

2538
327,221,387

3,852,144,610

7,767,446,543

4,179,365,997

8,861
7,603

31 2539 2538

10.

2539

2538

.. 2536-2541

8.55

6,635,876

9,744,144

..2536-2541

..2536-2546

+0.62

..2536-2546

+0.5

..2537-2539
..2537-2539

54,487,980

1,285,637,194

1,623,142,671

..2536-2546

33,236,805

216,565,082

265,817,068

840,751,512

954,219,473

-0.5

80,000,000

96,000,000

..2537-2543

8.10

118,789,103

157,956,179

2,501,615,572

3,241,367,515

.../10
- 10 2539

2538

..2537-2546

+2.775

..2538-2541

5.6

2,501,615,572

3,241,367,515

26,692,597

30,121,146

27,660,754

40,812,010

..2538-2543

899,999,996

916,666,665

..2539-2544

200,000,000

..
..2539-2548

10.47

846,760,876

896,982,387

..
..2539-2548

..

+0.5

801,447,670

881,074,327

..2539-2549

7.5553

364,835,314

401,082,992

..2539-2549

8.1

1,560,169,661

1,854,910,799

..
..
..2539-2549

+0.5

..2540-2545

1,246,578,985

1,356,720,295

700,000,000

700,000,000

..2540-2549

7.35

.../11

1,160,865,045
10,136,626,470

961,411,837
11,481,149,973

- 11 2539

2538

10,136,626,470

11,481,149,973
..
.. 2540-2549

..
.. 2538-2545

.. 2542
.. 2542
..
.. 2541-2544

..
.. 2541-2547

..
.. 2539-2544

+0.65

3,218,948,279

2,947,164,483

1,597,529,913

1,897,441,633

+1.00
+0.60

.. 2542

429,080,000

1,924,500,000

2,019,200,000

-0.75

300,000,000

200,000,000

272,700,000

.. 2542
799,999,000

436,220,000

18,086,524,662
10

799,999,000

+2

200,000,000

7.55

2,566,000,000

200,000,000
100
.. 2542
2,524,000,000

10.4

.. 2549
-

2,684,036,000

18,774,036,089


3,523,999,000

6,250,035,000

24,336,559,662

(1,443,856,686)

(1,399,388,335)

22,937,171,327

20,854,178,403
.../12

- 12 87,590,156 125,421,136
31 2539 2538

10,508,284,913

4,521,721,633

31 2539 2538
13,740,684,593

14,126,893,320

31 2539 2538

( 6 7)

6,250,035,000 3,523,999,000
31 2539 2538

2538

DM COST REDUCTION INTEREST RATE SWAP

8.3

LIBOR (6 ) + 0.62
9 2537 9 2546

31 2538 92,335,500
2539 CURRENCY SWAP

22,298,035,089


16 2539
9 2546

LIBOR (6 ) + 0.62
8.896

9 2538

9 2546

31 2539

80,024,100 50,015,063
CURRENCY SWAP

CURRENCY SWAP

15 2538 4 2548

7.35

10.47
4 2538 4 2548
31 2538 2538
52,706,375 56,861,007

32,941,484 35,538,129

.../13
- 13 31 2539 2538

FX CURRENCY SWAP

1,200 400
46,781,948 15,777,754
31 2539

13,140,604

20 29 2540
31 2539 2538
100

INTEREST RATE SWAP

LIBOR + 1.75
5.80 + 1.75

 14 2538 17 2542
11.

25 2539
104.60

10 2.75
2
1 2539

8 2549

163.30 1

25.35 1

8 2542

8 2544

20 30
140

140
20 30


8 2544

118.621

8 2539

.../14

24 2538

- 14 12.

2539

2538

19,317,725

226,503,318

.. 2536 - 2540

7.5625

213,096,992
232,414,717

68,323,414
294,826,732

INTEREST RATE SWAP ( 18

21)

473,322,174

(455,111,151)

(54,136,284)

250,625,740

240,690,448

CURRENCY SWAP
( 1.7 21)

176,134,827
426,760,567

13.

240,690,448

24 2538
2,416,666,660

241,666,666 10.00

241,666,666 10.00
2,700,000,000 270,000,000
270,000,000 10.00
28,333,334

16,250,000
( 11)

12,083,334

29 2538 12.00 .
20 1 10.00
.../15

- 15
4 2538


26 2539
14.

()

15.

31 2539 2538

16.

1 2538
3

3
126,000,000

15 1

31 2538

93,500,000
32,500,000 2539
1 2539

35,320,000 8

31 2539
35,320,000 2539
.../16

- 16

17.

.../17

2539

644,111,006

2538

693,093,713

173,500,053

103,272,129

16,203,938

23,251,583

2,569,947,128

1,904,592,267

640,536,805

446,350,658

77,339,060
32,819,930

3,901,837
483,697,930

31,345,933

12,911,715

21,278,999

3,404,022,781

3,208,801,242

198,986,255

139,526,836

2,017,321,997

1,818,386,073

348,212,288

257,271,800

1,544,963

1,400,000

19,174,912

118,281,236

- 17 18.

7,064,920,439

5,554,457,136

173,642,449

208,746,335

5,763,203,471

7,238,562,888

878,897,712

457,096,117

5,732,684,932

817,846,565

897,579,668

249,153,974
-

532,261,916

4,703,766,065

(UBS)
DM COST REDUCTION INTEREST RATE SWAP
( 9)
654,240,697

2,710,599,269

12,212,928,377

DM COST REDUCTION INTEREST RATE SWAP

2538

(UBS)

KfW

KfW 105

KfW 8 2546

 8.30%

8 UBS 8.30%

LIBOR (6 )
UBS
.../18

+0.62%

UBS

- 18

2538
2539
2540
2541

4,226,270
8,674,742
9,431,573
9,014,342

31,346,927

2538

2539

INTEREST RATE SWAP ( 12 21)

19.

.. 2520

26

2533

31 2533

50
14 2539
2534

7

2536
2

.../19

- 19 -

50
5

10

25

2539

10
8

30 2539
-
( )

.../20

- 20 20.

31
31 2539

7,562,103,193

10,685,641,651

4,969,341

1,059,671,402

1,064,640,743

344,017,793

247,629,648

3,123,538,458

3,128,507,799

96,388,145

8,621,774,595
2,083,235,961

11,750,282,394
2,427,253,754

1,297,610,512

1,545,240,160

785,625,449

882,013,594
-

882,013,594

 31
2539

4,517,868,301

47,758,969,433

52,276,837,734

31 2538

4,961,362,978

7,604,707,565

133,579,850

695,184,291

828,764,141

2,776,924,437

5,656,547,269

8,433,471,706

1,241,397,770

161,809,440

1,031,306,500

1,193,115,940

210,091,270

830,253,417

620,162,147

830,253,417

31

2538

4,412,365,045

38,032,549,084

.../21
- 21

2539 ()
CURRENCY SWAP

()

CURRENCY SWAP CURRENCY SWAP

2,023,369,357

21.

2,643,344,587

781,971,587

103.76

(UBS)

"DM COST REDUCTION INTEREST RATE SWAP"

42,444,914,129

18)

INTEREST RATE SWAP

10.23

()
2539

2539
22.

13 2540

4 LIBOR

(6 ) + 1.4

2 2544

24 2538

30 2539

8 2540 11 2540

4 9,810,000 7,339,853