Annual Report 2007

()
AIRPORTS OF THAILAND PUBLIC COMPANY LIMITED
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2550
()
lic Company Limited
Pub
d
ilan
Tha
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Airpo

Contents
{06} Message from Chairman of the Board

{08} . AOT Board of Directors
{13} . AOT Senior Executives
{32} Organization Chart
{35} AOT Financial Summary
{42} Business Characters
{55} An Overview of Operation
{63} Risk Factors
{67} Shareholding and Management Structure
{116} Related Party Transactions
{120} Air Traffic Statistics
{128} . Moving Flights Back to
Don Mueang International Airport
{132} New Activities
{137} Human Resources Development
{141} Environmental Management and Conservation
{146} Safety Management
{148} Occupational Health and Safety
{156} Corporate Social Responsibilities

General Information
>: ()
>: .
Company Name >: Airports of Thailand Public Company Limited
Acronym >: AOT
: 0107545000292 ( 40854500702)
:

: 1 30

: 333 10210

: 0-2535-1111

: 0-2535-4061

: http://www.airportthai.co.th

: 0-2535-5900, 0-2535-5909,

: aotir @ airportthai.co.th

: 14,285,700,000

: 1,428,570,000 10

: 70

: 11 2547

: ()

: 2/7 4 () . 10210

: 0-2596-9307

: 0-2832-4994-6

:

: 6 10400

: 0-2273-9674-91

: 0-2618-5883
Registration Number
Business
Accounting Period
Head Office
:
:
:
:
Website
Investor Relations Center
E-mail
Registered Capital
No. of Common Stock
Shareholders
:
:
:
:
:
:
Listed Date
Registrar
Office
:
:
:
Tel
Auditor
Office
Tel
Fax
:
:
:
:
:
PLC 0107545000292 (Previous Number: PLC 40854500702)

Airport operator and other services related to aviation and transport
October 1- September 30
333 Cherdwutagard Road,Si Kan, Don Mueang, Bangkok 10210
Tel: 0 2535 1111, Fax: 0 -2535 4061
http://www.airportthai.co.th
Tel: 0 2535 5900, Fax: 0 2535 5909
aotir@airportthai.co.th
14,285,700,000 Baht
1,428,570,000 shares, par value at 10 Baht per share
The Ministry of Finance is the major shareholder with 70% stake, with
the other 30% held by institutes and retail investors
March 11, 2004
Thailand Security Depository Company Limited
2/7 Moo 4 (North Park Housing Project) Vibhavadi-Rangsit Road,
Thungsonghong, Laksi, Bangkok 10210
0 2596 9307, Fax: 0 2832 4994-6
Office of the Auditor General of Thailand
Rama 6 Road, Samsen Nai, Bangkok 10400
0 2273 9674-91
0 2618 5883
()
{}
ANNUAL REPORT 2007
28 2550 1
1
- 267,555
41,934,995 1,182,401

Smarttravelasia
4 (Vote) 2550
2,000

25 2550

50 18.8
()
50.8 13.8
59 54
9,025 7,978
4 () (.)

2550 38,368
32.34 5,478 22.61
6 .
2550 19,501.41 2549 20.08 17,996.16
2549 91.04 6,359.45
454.23 454 163.09 2550
1,505.25 77.93 1,094.87 89.55 .
.

. .
. 1 10
2
.
. .
.

( )

General Saprang Kalyanamitra

{Saprang Kalyanamitra}
Chairman
2550
{Signed}
{}
February 28, 2007, marked the first anniversary of the opening of Suvarnabhumi International Airport, which in terms of its
architectural design and the technology it employs, is one of the most spectacular and most sophisticated airports in Asia. For the
past year, Suvarnabhumi has served as Bangkoks primary airport, handling a total of 267,555 take-offs and landings with a passenger
volume of 41,934,995. In addition, some 1,182,401 tons of cargo have passed through the airport since its opening. Everything has not
been smooth sailing, however, with problems affecting building management, IT systems, and assorted services demanding immediate
attention. In general, these are problems common to most new airports, and in any case, almost all of the problems have been
overcome.
Recently, online magazine Smarttravelasia ranked Suvarnabhumi the fourth best airport in the world. The ranking was based on
more than 2,000 votes cast by readers in Asia, Europe and North America through the magazines website between May and July
2007. Most of those who voted are business travelers or tourists, who based their votes on location, environment, the quality of
service, and the friendliness of airport personnel.
As for the old Bangkok International Airport, newly renamed Don Mueang International Airport, international charter flights
continue to operate, and as of March 25, 2007, scheduled domestic flights were transferred from Suvarnabhumi Airport back to Don
Mueang on a voluntary basis. At present, Don Muang International handles roughly 50% of the domestic flights into and out of
Bangkok, or 18.8% of all flights into and out of the capital. These flights account for 50.8% of all domestic passengers, or 13.8% of
total passengers entering or exiting through Bangkok. The resumption of services at Don Muang has helped to relieve some of the
pressure on Suvarnabhumi Airport by reducing the hourly number of flights from 59 to 54, and the hourly passenger volume from
9,025 to 7,978.
In addition to the two airports in Bangkok, Airports of Thailand Plc. Co., Ltd. (AOT) is also responsible for operating four
provincial airports at Chiang Mai, Chiang Rai, Had Yai and Phuket. At each of these four facilities, traffic has likewise grown
significantly. This is especially true for Phuket International Airport, which is located in one of the countrys premier tourist destinations.
In 2007, there were 38,368 take-offs and landings, or an increase of 32.34%, and passenger totals rose by 22.61% to 5.478 million
people.
As a result of the rapid growth in flight traffic at all six of its airports, AOT earned revenues in 2007 totaling 19,501.41 million
Baht, an increase of 20.08% over 2006. The companys costs for the year totaled 17,996.16 million Baht, which is 91.04% higher than
in the previous year. The bulk of these increased costs is due to depreciation, which totaled 6,359.45 million Baht, or an increase of
454.23%, while repair costs also rose by 454 million Baht, or 163.09%. Consequently, operating profits for 2007 stood at 1,505.25
million Baht, a year-on-year decline of 77.93%, and net profits totaled a mere 1.094.87 million Baht, which is an 89.55% decrease from
2006. Aware of the impact of these rising costs, the AOT Board of Directors has adopted a policy calling for concrete cost-cutting
measures while, at the same time, maintaining the same high quality of services and identifying new avenues for generating income.
In the future, AOT will strengthen its resolve to improve facilities and provide a standard of service that satisfies users of all AOToperated airports. Extra special attention will be given to Suvarnabhumi Airport, which AOT hopes to see ranked as one of the worlds
10 best airports in terms of service quality within the next two years. AOT also plans to introduce new measures aimed at improving
the companys financial standing. Finally, the present Board of Directors recognizes the tremendous importance of good corporate
governance and is confident that through strict compliance with the principles of good governance and with the cooperation of all our
stakeholders, including airlines, operators and the AOT staff, AOT will succeed in achieving its goals.
()
()
{}
ANNUAL REPORT 2007
AOT Board of Directors
1. ()
General Saprang Kalyanamitra
Assistant Commander in Chief, Royal Thai Army

2. ()
Air Chief Marshal Narongsak Sangapong

()
Executive Vice President, Corporate Secretariat Department,
Thai Airways International Public Co., Ltd.

3. ()
Mr. Chavalit Sethameteekul

Director - General, Customs Department

4. ()
Mr. Kampree Kaocharern

Senior Public Prosecutor
{}
2550
5. ()
Mr. Vudhibhandhu Vichairatana

Director General, Bureau of the Budget

6. ()
Mr. Chaisak Angkasuwan

Director - General, Department of Civil Aviation

7. ()
Mr. Arkhom Termpittayapaisith

Deputy Secretary - General, National Economic and Social
Development Board

8. ()
Air Marshal Itthaporn Subhawong

Deputy Chief of the Air Staff, Royal Thai Air Force
()
()
{10}
ANNUAL REPORT 2007
AOT Board of Directors
9. ()
Mr. Nontaphon Nimsomboon

Chairman, AMC International Consulting Co.,Ltd.

10. ()
Mr. Tortrakul Yomnak

Chairman, Tortrakul Associates Consulting Engineer Co., Ltd.

11. ()
Mr. Yodyiam Teptaranon

Director, Inter PAC Co.,Ltd.

12. ()
Mr. Chirmsak Pinthong

Executive Director
{11}
2550
13. ()
Police General Sereepisuth Temeeyaves

Acting Commissioner General, Royal Thai Police

14. ()
Mrs. Danucha Yindeepit

Deputy Director - General, State Enterprise Policy Office

15. ( .)
Mrs. Kulya Pakakrong
.
Acting President, Airports of Thailand Public Co., Ltd.

()
()
{12}
ANNUAL REPORT 2007
AOT Senior Executives
1.
Mrs.Kulya Pakakrong
()

Senior Executives Vice President, Planning and Finance
Acting President

2.
Mr.Kamol Daengpun

Vice President,Audit Office

3.
Mr.Prachuab Homyen

Vice President, Airport Safety and Standardization Office

{13}
2550
4.
Miss Suwannee Sumrongwatana

Corporate Secretary

5.
Miss Dalad Asaves

Vice President, Corporate Secretary Office

6.
Mrs.Monrudee Gettuphan

Vice President, Corporate Communications Office

()
()
{14}
ANNUAL REPORT 2007
7.
Mr.Saneh Chausurin
()
Senior Executive Vice President, Administration

8.
Mr.Nirandra Theeranartsin
()
Executive Vice President, Administration

9.
Miss Sasisubha Sukontasap

Vice President, Administration Department

10.
Miss Shanalai Chayakul

Vice President, Legal Department

11.
Mr.Montri Mongkoldaow

Vice President, Human Resources Department
{15}
2550
12.
Flying Officer Passakorn Surapipit
10 .

Senior Specialist 10 and Acting Vice President,
Safety and Occupational Health Department

13.
Lieutenant Naris Yoadchan
Vice President, Human Resources Development Department

14.
Wing Commander Tipapan Visetsiri
Vice president, Supply Department

15.
Air Vice Marshal Kumporn Charnvises

Vice President, Medical Department

()
()
{16}
ANNUAL REPORT 2007
16.
Mrs.Kulya Pakakrong
()

Senior Executives Vice President, Planning and Finance
Acting President

17.
Mrs. Supaporn Burapakusolsri
()
Executive Vice President, Planning and Finance

18.
Mr.Saksit Suksumek

Vice President, Corporate Strategy Department
{17}
2550
19.
Mrs.Poolsiri Virojanapa

Vice President, Budgeting Department

20.
Mrs.Suwanna Natpracha

Vice President, Finance Department

21.
Miss Porntip Kanchanasat

Vice President, Accounting Department
()
()
{18}
ANNUAL REPORT 2007
22.
Mr.Suratas Suthammanas
()
Executive Vice President, Business Development

23.
Mrs.Chairaporn Chemnasiri

Vice President, Business Development Department

24.
Mrs.Rawewan Netrakavesna

Vice President, Business Management Department

{19}
2550
25.
Mr.Passakorn Suwankanit
()
Senior Executive Vice President,
Engineering and Information Technology

26.
Mr.Pornbanchob Sombatpium
()
Executive Vice President,

27.
Group Captain Sirisak Koonsara

Vice President, Airport Development Planning Department

28.
Flight Lieutenant Sommai Chattay

Vice President, Engineering and Architecture Department

()
()
{20}
ANNUAL REPORT 2007
29.
Miss Kanitha Chiemkim

Vice President, Information Technology Department

30.
Mrs.Yupadee Limmathuroskul

Vice President, Environmental Department

{21}
2550
31.
Flying Officer Anirut Thanomkulbutra
()
Senior Executive Vice President, Regional Airports

32.
Mr.Jayakorn Aksharamat
()
Executive Vice President, Regional Airports

33.
Flying Officer Suthara Huangsuwan

General Manager of Chiang Mai International Airport
()
()
{22}
ANNUAL REPORT 2007
34.
Wing Commander Prateep Wichitto

Vice President,
General Manager of Hat Yai International Airport

35.
Squadron Leader Pornchai Eua-aree

General Manager of Phuket International Airport

36.
Mr.Prathuang Sornkhom

Vice President,
General Manager of Chiang Rai International Airport

{23}
2550
37.
Mr.Serirat Prasutanond

General Manager of Suvarnabhumi Airport
38.
Flying Officer Wisit Eiwprapha
()
Deputy General Manager of Suvarnabhumi Airport, Administration
39.
Flying Officer Chaturongkapon Sodmanee
()
Deputy General Manager of Suvarnabhumi Airport, Operations
40.
Mr.Chatra Harnpatananan
()
Deputy General Manager of Suvarnabhumi Airport,
Maintenance and Information Technology
41.
Flying Officer Narongchai Tanadchangsaeng
()
Executive Vice President, Deputy General Manager
of Suvarnabhumi Airport, Commercial

()
()
{24}
ANNUAL REPORT 2007
42.
Miss Jesada Srisangkeaw

Vice President, Suvarnabhumi Airport Administration
Department

43.
Miss Napat Ketphan

Vice President, Planning and Finance Department

44.
Mrs.Savepa Thawornwong

Vice President, Special Affairs Department

45.
Mrs.Angkana Thantavivattananont

Vice President, Landside Operations Department
{25}
2550
46.
Pilot Officer Arvuth Rid - Ard

Vice President, Airside Operations Department

47.
Mr.Chaowalit Paka - Ariya

Vice President, Baggage Handling System Department

48.
Mr.Suthad Chimjarod

Vice President, Security Department

49.
Wing Commander Lukchai Chaleoyprach

Vice President, Rescue and Fire Fighting Department
()
()
{26}
ANNUAL REPORT 2007
50.
Wing Commander Nutt Homasavin

Vice President, Electrical and Mechanical Department

51.
Flying Officer Kuson Chumpolrat

Vice President, Airfield and Building Department

52.
Flying Officer Sayan Sonchareon

Vice President, Airport Information Technology Department
{27}
2550
53.
Wing Commander Suk Puangthum

Vice President, Communications and Electronics Department

54.
Mrs.Duangchai Condee

Vice President, Commercial Department

55.
Mr.Thirawuth Sarikavanija

Vice President, Transportation Management Department

()
()
{28}
ANNUAL REPORT 2007
56.
Flight Lieutenant Pinit Saraithong

General Manager of Don Meuang International Airport

57.
Flight Lieutenant Viwat Smarnrug
()
Deputy General Manager of Don Mueang International
Airport, Administration

58.
Flying Officer Ploy Peebua
()
Deputy General Manager of Don Mueang International
Airport, Operations
{29}
2550
59.
Flying Officer Pearl Rugsamruad

Vice President, Don Mueang International Airport
Administration Department

60.
Mrs.Panida Jotikasthira

Vice President, Airport Operations Department

61.
Pilot Officer Anant Kongyuen

Vice President, Airport Security Department

62.
Flying Officer Torsak Ningsanon

Vice President, Maintenance Department
()
Board of Directors
()
Audit Committee
Airports of Thailand Public Company Limited (AOT)

Audit Office

Special Projects Office
{32}
ANNUAL REPORT 2007
Administration
-

-
Legal Department

-
Human Resources Department

-
Human Resources Development Department

-
Occupational Health and Safety Department

-
Supply Department

-
Medical Department

Planning and Finance
-
Corporate Strategy Department

-
Budgeting Department

-
Finance Department

-
Accounting Department

-
Investor Relation Center

Suvarnabhumi Airport Business Unit
Regional Airport
-
Chiang Mai International Airport

-
Hat Yai International Airport

-
Phuket International Airport

-
Chiang Rai International Airport

-
Central Administration Division
Administration Line
-
Suvarnabhumi Airport

-
Planning and Finance Department

-
Special Affairs Department

-
Medical Division

Airport Safety and Standards Division
Operations Line
-
Landside Operations Department

-
Airside Operations Department

-
Baggage Handling System Department

-
Security Department

-
Rescue and Fire Fighting Department

Organization Chart
Recruitment Committee
Remuneration Committee
Corporate Governance Committee

Corporate Secretary Office
Corporate Secretary

Airport Safety and Standardization Office

Corporate Communications Office
Business Development

{33}
-
Business Development Department

-
Business Management Department

Don Mueang International Airport Business Unit
-
Don Mueang International Airport Administration Department

-
Airport Operations Department

-
Airport Security Department

-
Maintenance Department

-
Medical Division

-
Commercial and Finance Division

-
Airport Safety and Standards Division
Maintenance and Information

Technology Line
-
Electrical and Mechanical Department

-
Airfield and Building Department

-
Airport Information Technology
Department

-
Communications and Electronics
Department
Commercial Operation Line

-
Commercial Operations Department

-
Transportation Administration Department
2550
-
Airport Development Planning Department

-
Engineering and Architecture Department

-
Information Technology Department

-
Environmental Department
()
{34}
ANNUAL REPORT 2007
Company Finances in Brief
2549
2006
2548
2005
16,240.86
14,894.39
9,420.07
7,251.71
6,820.79
7,642.68
10,473.99
7,408.86
{35}
150,505.06
134,520.79
79,341.54
70,039.29
71,163.52
64,481.50
2550

2550

2007
()
Performance (Millions Baht)

19,501.41

Operating revenues

17,996.16

Operating expenses

1,505.25

Operating profit

1,094.87

Net profit

()
Financial status (Millions Baht)

143,476.91

Total assets

73,789.75

Total liabilities

69,687.16

Shareholders equity

Financial ratio

()
1.74

Liquidity ratio (x)

(%)
5.61

Net profit to operating revenue ratio (%)

(%)
1.55

Return on equity (%)

(%)
0.74

Return on assets (%)

()
1.06

Debt/equity ratio (x)

48.78

Book Value per Share

()
0.77

Net Profit Per Share (Baht)

1.68
3.02
64.49
49.74
15.44
12.05
7.35
6.09
1.11
1.09
49.81
45.14
7.33
5.19
()
2550
Classification of Operating Revenues for Fiscal Year 2007

10%
15%
20%
45%
8%
2%
4%
3%
3%
11%
2550
Classification of Operating Expenses for Fiscal Year 2007
{36}
ANNUAL REPORT 2007
79%
16%
43%
32%
4%
5%
6%
4%
3%
6%
10%
71%
%
20
45
2
8
15
10
100
-
4
79
11
3
3
100
16
32
4
5
43
100
6
10
71
6
4
-
3
100
%
20
45
2
8
15
10
100
-
4
79
11
3
3
100
%
16
32
4
5
43
100
6
10
71
6
4
-
3
100
2550

Unit : Millions Baht

Breakdown by Sources of Revenue
Landing and Parking Charge
3,937.40
Passenger Service Charge
8,781.48
Facilities Service Charge
427.10
Office and Property Rents
1,524.61
Service Revenue
2,818.54
Concession Revenue
2,012.28

19,501.41

Breakdown by Airports
Head office
-
Don Mueang Airport
687.12
15,469.61
Regional Airports
2,112.46
Public transport management center
554.46
Suvarnabhumi Airport Hotel
677.77

19,501.41

Unit : Millions Baht

Breakdown by Sources of Expenses
Staff costs
2,927.84
Operating expenses
5,730.13
Repairs
732.38
State property use
846.32
Depreciation
7,759.50

17,996.16

Breakdown by Airports
Head office
983.38
Don Mueang Airport
1,750.71
12,778.58
Regional Airports
1,136.95
Public transport management center
727.22
New Bangkok International Airport Co, Ltd. 0.02
Suvarnabhumi Airport Hotel
619.31

17,996.16
{37}

:

3,937.40

8,781.48

427.10

1,524.61

2,818.54

2,012.28

19,501.41

-

687.12

15,469.61

2,112.46
554.46

677.77

19,501.41

:

2,927.84

5,730.13

732.38

846.32

7,759.50

17,996.16

983.38

1,750.71

12,778.58

1,136.95
727.22
0.02

619.31

17,996.16
()
()
2550 2549
Financial Summary
Analysis of Operating Results and Financial Status Fiscal Year 2007/2006
{38}
ANNUAL REPORT 2007

() (.)
2550
(1 2549 - 30 2550) 19,501.41
(1 2548 - 30 2549)
3,260.55 20.08
17,996.16
8,576.09 91.04
1,505.25 5,315.54
77.93 1,094.87
9,379.12 89.55

. 13,145.98
67.41
2,905.06 28.37

1
2550
1 2550

- 3,937.40
468.92 13.52

- 8,781.48
2,322.02 35.95

- 427.10
114.12 36.46

The operating revenues of Airports of Thailand
(Public) Company, Limited and its subsidiaries for fiscal
year 2007 (October 1, 2006- September 30, 2007) totaled
19,501.41 million Baht, an increase of 3,260.55 million
Baht, or 20.08%, over the previous year (October 1, 2005
September 30, 2006). Total operating expenses were
17,996.16 million Baht, an increase of 8,576.09 million
Baht, or 91.04%, over fiscal 2006. Operating profits
fell 5,315.54 million Baht, or 77.93%, to 1,505.25 million
Baht, while net profits fell 9,379.12 million Baht, or
89.55%, to 1.094.87 million Baht.

Aeronautical revenues

AOTs aeronautical revenues totaled 13,145.98
million Baht, which is equivalent to 67.41% of total
operating revenues. This is an increase of 2,905.06 million
Baht, or 28.37%, over the previous year, and is due to
further increases in the number of regularly-scheduled
and charter flights and in flights operated by low-cost
carriers. Other factors included higher passenger service
charge, which took effect on February 1, 2007, and
increased landing & parking charge as of April 1, 2007.
On the negative side, however, ongoing unrest in the
three southern border provinces slowed growth in
passenger numbers into and out of Hat Yai Airport.
Aeronautical revenues consisted of:

- landing & parking charge of 3,937.40 million
Baht, an increase of 468.92 million Baht, or 13.52%, over
the previous year.

- passenger service charge of 8,781.48 million
Baht, an increase of 2,322.02 million Baht, or 35.95%.

- Facilities service charge of 427.10 million Baht,
an increase of 114.12 million Baht, or 36.46%.
Non - aeronautical revenues
2550

AOTs non - aeronautical revenues totaled 6,355.43
million Baht, which is 32.59% of total operating revenues.
Compared with 2006, this is an improvement of 355.50
million Baht, or 5.93%. The main reason for this increase
was the refusal to acknowledge revenues from sales of
duty-free goods and other commercial activities at
Suvarnabhumi Airport and regional airports stemming
from AOTs having signed a contract with a private
company which failed to comply with the procedures
prescribed by the Law on Private Sector Participation in
State Businesses B.E.2535 (1992). Because the contract
was, therefore, illegal, it was not binding on the contracting
parties. Non-aeronautical revenues consisted of:

- Office and asset rental totaled 1,524.61 million
Baht, an increase of 561.89 million Baht, or 58.36%, due
chiefly to rent of land and office and other space at
Suvarnabhumi Airport.

- Service-related revenues of 2,818.54 million
Baht, an increase of 1,885.82 million Baht, or 202.18%.
Included in this figure was income from limousine and
parking services, which in the previous year were
operated by private companies and therefore counted as
a share of revenues, as well as operating revenue from
Suvarnabhumi Airport Hotel, which rose 663.89%.

- Revenue sharing totaling 2,012.28 million Baht,
a decrease of 2,092.21 million Baht, or 50.97%, as a result
of the refusal to acknowledge revenues from the private
company described above.
{39}

. 6,355.43
32.59
355.50 5.93

.. 2535

- 1,524.61
561.89
58.36

- 2,818.54
561.89 202.18

663.89

- 2,012.28
2,092.21 50.97

()
{40}
ANNUAL REPORT 2007

8,576.09
91.04 9,420.08
2549 17,996.17
2550

- 2,927.84
446.73 13.24

- 2,927.84
2,103.36 58

2550

( 1
2550 )

.
.

- 732.38 454
163.09

- 846.32
106.00 14.32

- 7,759.50
43.12
6,359.46 454.24

2,397.17
2,357.51

Operating Expenses

Total operating expenses rose 8,576.09 million
Baht, or 91.04%, from 9,420.08 million Baht in fiscal Year
2006 to 17,996.17 million Baht in 2007. The main reasons
for this increase were:

- Staff costs totaling 2,927.84 million Baht, a decrease
of 446.73 million Baht, or 13.24%.

- Operating expenses totaling 5,730.13 million Baht,
an increase of 2,103.36 million Baht, or 58%, over
the previous year. During the first full year of operation at
Suvarnabhumi Airport and Suvarnabhumi Airport Hotel,
contracted out services costs, utilities, insurance and
fuel costs rose dramatically. Other cost hiked in 2007
included payment to airlines for collecting airport taxes
(as of February 1, 2007, were included in passenger
tickets), limousine service expenses and parking services
at Suvarnabhumi Airport, operated by AOT, and
management of the Suvarnabhumi Airport Hotel by an
AOT subsidiary.

- Repairs totaling 732.38 million Baht, an increase
of 454 million Baht, or 163.09%, over the previous year.

- Repair costs to luggage conveyor belts, electrical
equipment, air-conditioning, communications equipment,
and runway and taxiway computers all rose.

- Payment for use of state property totaling
846.32 million Baht, an increase over the previous year of
106.00 million Baht, or 14.32%. This reflects the increase
in AOTs operating revenues.

- Depreciation and amortization totaling 7,759.50
million Baht. This is equivalent to 43.12% of operating
revenues, and represents an increase of 6,359.46 million
Baht, or 454.24%, over the previous year. This was due to
the listing of the depreciation of Suvarnabhumi Airport
and Suvarnabhumi Airport Hotel in the companys
financial statements.

Interest payments totaling 2,397.17 million Baht,
an increase over 2006 of 2,357.51 million Baht. In this
accounting period interest on loans for the construction of
Suvarnabhumi Airport and Suvarnabhumi Airport Hotel
were listed as expenses, while in 2006, they were listed
as construction costs.
Other Net Income

2550 2549
Analysis of Financial Standing 2007 vs. 2006

3,674.89
2,133.25 36.73

30 2550 .
143,476.91
7,028.15 4.67
2550

30 2550 .
10,231.39
2550 (1 2549)
9,528.28 48.22
5,305.61
11,698.50

3,135.39

As of September 30, 2007, the assets owned by
AOT and its subsidiaries had a combined value of
143,476.91 million Baht. This is 7,028.15 million Baht, or
4.67%, less than at the same time in 2006. The decrease
was due chiefly to a reduction in the companys cash
holdings and bank deposits after paying for the construction
of Suvarnabhumi Airport, and depreciation of the airport
and the Suvarnabhumi Airport Hotel.

Liabilities as of September 30, 2007, totaled
73,789.75 million Baht, a decrease from the previous year
of 551.79 million Baht, or 7.00%. This was due to
payment of creditors for the construction of Suvarnabhumi
Airport and repayment of loans.

Shareholder equity as of September 30, 2007,
stood at 69,687.16 million Baht, which represents a decrease
from the previous year of 1,476.36 million Baht, or 2.07%,
and resulted from dividend payments to the companys
stockholders.

In terms of liquidity, as of September 30, 2007,
AOT and its subsidiaries had cash and cash equivalents
worth 10,231.39 million Baht, a decrease from the start of
the accounting year (October 1, 2006) of 9,528.28 million
Baht, or 48.22%. Net cash received from operating
activities totaled 5,305.61 million Baht; cash outflows
from investments totaled 11,698.50 million Baht (the
bulk of investments was for construction of
Suvarnabhumi Airport), and net cash capital mobilization
costs (loan repayment and dividend payments to
shareholders) totaled 3,135.39 million Baht,
{41}

30 2550 .
73,789.75 5,551.79
7.00

30 2550
69,687.16 1,476.36
2.07

Other net income totaled 3,674.89 million Baht,
down from the previous year by some 2,133.25 million
Baht or 36.73%, as a result of decreases in exchange
rate profits, earned interest, penalties, and other income.

()
{42}
ANNUAL REPORT 2007
Business Characters
History and Major Developments
2550

The Ministry of Defense completed construction of
Don Mueang Airfield, which in time would become
Bangkok International Airport, in 1914. In the early years
most of the countrys aviation-related activities were
conducted by and under the supervision of the Ministry of
Defense. The history of civil aviation in Thailand began in
1940, when the Royal Thai Air Force established the Civil
Aviation Division to oversee international air travel.
Upgraded to the Directorate of Civil Aviation in 1948, it
was assigned responsibility for overseeing all activities at
the airport.

In 1979, the National Law Council, acting on
orders from the Parliament, drafted the Airports Authority
of Thailand Act (B.E.2522), which provided for the
establishment of the Airports Authority of Thailand(AAT),
a state enterprise under the Ministry of Transport, on
March 3, 1979. Responsible for all airport operations and
airport-related businesses, the AAT was subject to
Cabinet authority and Ministerial regulations. The new
organization, tasked with promoting the development of
the countrys aviation industry and other related services,
first took up its duties at Bangkok International Airport on
July 1, 1979. Subsequently, Airports Authority of Thailand
assumed responsibility for five additional international
airports: Chiang Mai (March 1988), Hat Yai (August 1988),
Phuket (October 1988), Suvarnabhumi (June 1993), and
Chiang Rai (October 1998).
{43}
.. 2457

.. 2483

.. 2491

.. 2522

.. 2522

3 2522

1 2522

5

2531 2531 2531
2536 2541
()
{44}
ANNUAL REPORT 2007

.
27 2539

2539
2549

30 2545

()
. .. 2542
5,747
574,700,000 10

.
( 487 1 55
)
.

() .. 2545
.

1. .

2.
.

Airports Authority of Thailand set up the New
Bangkok International Airport Company (NBIA) on
February 27, 1996, to oversee the construction of the new
Suvarnabhumi Airport. Jointly owned by Airports Authority
of Thailand and the Ministry of Transport, the new
company was in charge of airport construction from 1996
to 2006.

On September 30, 2002, AAT, a state enterprise
created under the Airports Authority of Thailand Act,
became a public limited company named Airports of
Thailand Public Company Limited or AOT, in compliance
with the State Enterprise Capitalization Act B.E. (1999).
The newly formed company had registered capital totaling
5.747 billion Baht, divided into 574,700,000 ordinary
shares each with a par value of 10 Baht, all owned by
the Ministry of Transport. As of the official date of its
founding, AOT took possession of all businesses, rights,
liabilities, responsibilities, assets (with the exception of
land measuring approximately 487 rai 1 ngan 55 square
wah near Bangkok International Airport) and staff formerly
belonging to the Airports Authority of Thailand. This
allowed the company to carry on the work of supervising
the national airports without interruption. The Royal
Decree Defining the Authority, Rights and Benefits of
Airports of Thailand Public Company Limited B.E.2545
(2002) stipulates that AOT entitle to the following powers,
exemptions, privileges and protections accorded under the
Airports of Thailand Act and other laws relating to the
Airports of Thailand, with these exceptions:

1. AOT assets essential to the aviation business which
generate public benefits are not subject to legal liability;
2. Only AOT personnel and employees appointed by
the Minister to serve as law enforcement officers under
the Criminal Code and as administrative personnel or
high-ranking police officers under the Code of Criminal
Procedure are authorized to maintain security within
the airport grounds.
2550

On August 4, 2003, the Ministry of Transport, as
AOTs sole shareholder, decided to raise AOTs registered
capital from 5.747 billion Baht to 10 billion Baht through
the issue and sale of an additional 425,300,000 ordinary
shares with a par value of 10 Baht each to the Ministry of
Finance. The purchase was effected through the Finance
Ministrys transfer of 42,530,000 shares of stock in the
New Bangkok International Airport Company Limited with
a face value of 100 Baht per share. As a result, AOTs
registered capital rose by 4.253 billion Baht to 10 billion
Baht, divided into 1 billion ordinary shares with a par
value of 10 Baht each, and the company took control of
99.9% of the shares in the New Bangkok International
Airport Company Limited. Then on January 30, 2004, the
Securities and Exchange Commission gave AOT
permission to offer shares of stock to the general public
through the Stock Exchange of Thailand. On February 9,
AOT made 16 million ordinary shares available to its staff
and to staff at the New Bangkok International Airport
Company at the face value of 10 Baht per share, and on
March 9 and April 8, 2004, the company offered an
additional 358.8 million shares to the general public and
53.77 million shares to foreign financial institutions, At 42
Baht per share, the public offering raised 4.2857 billion
Baht, with surplus value totaling 13,202.24 billion Baht and
sales expenses amounting to 634.58 million Baht. As of
September 30, 2004, AOTs fully-paid shares totaled
1,428,570,000, with a par value of 10 Baht per share, and
net surplus value of 12,567,660,000 Baht. The companys
major shareholder is the Ministry of Finance, which
controls approximately 70% of total shares.
{45}

4 2546
.
. .
5,747 10,000
425,300,000
10

42,530,000
100
4,253 . .
10,000
1,000,000,000 10

99.99 30 2547 .
.
428.57 10 9
2547
.
16
10 9 2547
8 2547
358.8
53.77 42
4,285.70
13,202.24
634.58
30 2547 .
1,428.57
10
12,567.66
70.00
.
()
{46}
ANNUAL REPORT 2007

10 2547

.

.
1 2549
28 2549

.
.
8 2547

. 1
2549 (Book Value)

31 2548 100,913.28
( 91,820.25
- 149.35
8,943.68 ) 62,429.47
38,483.81 .

0.5

()

31 2549

1 12 2549 2 28
2549

On September 10, 2002, the Cabinet approved
the transfer of business, assets, rights, liabilities,
responsibilities and staff from the New Bangkok
International Airport Company to AOT once construction
of Suvarnabhumi Airport was completed and prior to its
official opening. At this time NBIA would cease to exist as
an independent company but would become part of AOT.
This was carried out on January 1, 2006, and with the
approval of the Ministry of Finance and Ministry of Social
Development and Human Security, a Cabinet resolution
acknowledging the transfer was passed on February 28.
NBIA staff was transferred to AOT on December 8, 2004,
and the transfer of assets, rights, liabilities and obligations
was completed on January 1, 2006. The book value of
assets and liabilities appearing in NBIAs books as of
December 31, 2005, was 100,913.28 million Baht (consisting
of during construction assets valued at 91,82025 million
Baht, land and buildings worth 149.35 million Baht, and
other items valued at 8,943.68 million Baht) and 62,429.47
million Baht, respectively. As for the differential of
38,483.81 million Baht, AOT issued NBIA promissory notes
with an annual fixed interest rate of 0.5% which were
set to mature on the last working day prior to NBIAs
handover of any remaining investment money. NBIA was
officially closed down on July 31, 2006, subsequent to
two extraordinary shareholders meetings which took place
on July 12 and July 28, 2006. At present the company is
in the process of liquidation, and no interest has accrued
on the promissory notes since NBIA closed down.

-
5

-
2, 3 4

-

-

-
2, 3 4
2547

2542

Fiscal Year 2003

Carried on with Fiscal year 1999 capacity
enhancement projects at Bangkok International Airport as
follows :

- Constructing a fifth concourse building and improving
walkways between international passenger terminals;

- Renovating Concourse Buildings 2, 3 and 4;

- Making improvements to the western parking area;
- Remodeling the international passenger terminal;
- Remodeling Concourse Buildings 2, 3 and 4.
Fiscal Year 2004

Carried on with fiscal year 1999 capacity
enhancement projects at Bangkok International Airport by:

- Building an eastern parking area;
2550
2546

2542
Major Highlights over the Past 5 Years

Bangkok International Airport
{47}
()
{48}
ANNUAL REPORT 2007

.

2548

-
2549

-

2550

-

- ( 1)

- ( 2)

2551

-

In light of the increasing air traffic, its geographical
advantages, the growing local tourism market, and the
potential for new air routes operated by various airlines,
Phuket International Airport has been the subject of AOT
ongoing development. In compliance with government policy,
AOT has adopted the following plans and policies intended
to turn Phuket Airport into a major regional air hub:

Work completed in Fiscal Year 2005

- Expansion of cargo facilities


- Expansion of southern apron


- Study, survey and design of runways and taxiways

- Expansion of international terminal (Phase 1)

- Expansion of international terminal (Phase 2)

Work scheduled for completion in Fiscal Year 2008

- Environmental Impact Assessment
2550
2549

- VIP

-

-

-

-

-

-

2551 2552

-

- 2

- RAPID EXIT TAXIWAY

-

Given the fact that it handles more passengers
than any other airport in the North, Chiang Mai has the
potential to become a regional air hub with a network of
international connections. Chiang Mai, located in the
center of the upper north, is already a popular tourist
destination and an important business center, and air
traffic volume is on the increase. For these reasons, AOT
has adopted plans in response to government policy to
turn Chiang Mai into the Norths regional air hub. Towards
this goal, AOT has carried out the following:


- Expansion of southern apron

- Construction of new offices

- Construction of new immigration counters

- Environmental impact assessment


- Renovation of VIP lounge Study, survey and
design of plan to extend runways and taxiways

- Extension of runways and aprons

- Expansion of parking facilities

- Expansion of cargo facilities

- Construction of runway and taxiway on Air Force
property

- Construction of a new international passenger
terminal

Work scheduled for completion in Fiscal Year 2008-09

- Conversion of old passenger terminal into
domestic passenger terminal

- Renovation of old terminal (Phase 2)

- Construction of rapid exit taxiway

- Construction of aircraft refueling facilities
{49}
2548

-

-

-

-

- 1
()
{50}
ANNUAL REPORT 2007
2550

28 2549

- (North Main Terminal Building) 45 33
/ 12 /

- 2 76 /

- 124

.
.
. 2547
2550

(1)

(2)
(3)

2550
2549
2548
2547

3,937.4
8,781.5
427.1
13,146.0
1,524.6
2,818.5
2,012.3
6,355.4
19,501.4
20.2 3,468.5
45.0 6,459.5
2.2 313.0
67.4 10,241.0
21.3 3,255.7
39.7 5,692.0
1.9 312.3
63.0 9,260.0
21.9 2,816.4
38.2 5,519.6
2.1 324.6
62.2 8,660.7
20.2
39.5
2.3
62.0
7.8
14.5
10.3
32.6
962.7
932.7
4,125.4
6,020.8
5.9 953.2
5.7 859.6
25.4 3,821.6
37.0 5,634.4
6.4 940.3
5.8 827.3
25.7 3,545.6
37.8 5,313.2
6.7
5.9
25.4
38.0
100.0 16,261.7
100.0 14,894.4
100.0 13,973.9
100.0
(1)
(2)

(3) . ()

.
.


Fiscal Year 2007

Suvarnabhumi Airport opened on September 28, 2006, featuring the following passenger services and facilities:

- North Main Terminal Building, with an annual accommodating capacity of 45 million passengers (33 million
international passengers and 12 million domestic passengers);

- 2 runways able to accommodate 76 flights/hour;

- 124 aircraft stands

Revenue Structure

AOT earns income from its airport-related services, through joint investments with private-sector firms and
through the purchase of shares in various companies. The table below shows the revenue structure for AOT and
its subsidiaries for the period from 2004-2007.
Notes:
2007
2006
2005
2004
Millions Baht % Millions Baht % Millions Baht % Millions Baht %
3,937.4
8,781.5
427.1
12,146.0
20.2
45.0
2.2
67.4
3,468.5
6,459.5
313.0
10,241.0
21.3
39.7
1.9
63.0
3,255.7
5,692.0
312.3
9,260.0
21.9
38.2
2.1
62.2
2,816.4
5,519.6
324.6
8,660.7
20.2
39.5
2.3
62.0
1,524.6
2,818.5
2,012.3
6,355.4
7.8
14.5
10.3
32.6
962.7
932.7
4,125.4
6,020.8
5.9
5.7
25.4
37.0
953.2
859.6
3,821.6
5,634.4
6.4
5.8
25.7
37.8
940.3
827.3
3,545.6
5,313.2
6.7
5.9
25.4
38.0
19,501.4 100.0
16,261.7 100.0
14,894.4 100.0
13,973.9 100.0
(1) Airport fees consist of: landing and parking charges and aircraft storage fees
(2) Service-related income consists of: Electricity, telephone, passenger check-in counters, fuel pipelines, etc.
(3) Concession include: fees AOT collects from retailers (in addition to rental fees), aircraft refueling services, catering,
restaurants, parking, advertising and currency exchange; lessees are obligated to pay a fixed percentage of their gross
revenues to the AOT or as agreed in the terms of the contract with AOT, whichever amount is higher.
2550
Operating revenue

Aeronautical revenue
landing & parking charge (1)
passenger service charge
facilities service charge
Sub-total

Non-Aeronautical revenue
Office and asset rentals
Services(2)
Concession(3)
Sub-total

Total
{51}
()
{52}
ANNUAL REPORT 2007
{53}
2550
()
{54}
ANNUAL REPORT 2007

An Overview of Operations
2550

Presently, AOT operates 6 airports in Thailand,
i.e. Don Mueang International Airport, Chiang Mai International
Airport, Chiang Rai International Airport, Phuket International
Airport, and Hat Yai International Airport, as well as
Suvarnabhumi Airport, which was officially opened for
operation on 28 September 2006.

In the Fiscal Year 2007, AOT airports served
106 scheduled airlines. These included 92 mixed
passenger-cargo carriers and 14 dedicated cargo carriers.
Net traffic volume at all AOT airports was 390,300 flights,
an 11.40% increase. These comprised 215,243
international flights and 175,057 domestic flights, which
increased 6.66%
and 17.85% respectively. The six airports served 56,020,113
passengers, a 7.95% increase. These comprised 35,200,696
international passengers, up 6.32%, and 20,819,417
domestic passengers, up 10.82%. The volume of cargo
shipment including goods and postal parcels was
1,261,647 tons, a 0.52% increase. This included
international shipment
of 1,156,511 tons, a 1.40% increase, and domestic
shipment of 105,436 tons, an 8.19% decrease.

The net air traffic volume in Fiscal Year 2007
increased from that of Fiscal Year 2006 due to
increasing number of incoming tourists, increasing
domestic and international travel demand by Thai people,
growing traffic of low-cost airlines, and strong revival of
tourism activities on the Andaman coast after the
Tsunami. However, there was the negative factor that
affected the growth of air traffic, especially international
{55}

.
6

28 2549

2550 .
106
92
14
. 6 390,300 11.40
215,243
175,057
6.66 17.85
56,020,113 7.95
35,200,696 6.32
20,819,417 10.82
1,261,647
0.52
1,156,511 1.40
105,436 8.19

.
2550 2549
()
{56}
ANNUAL REPORT 2007

:

- ( )
()

2549
2550
%
2549
2550
%

. + .
280,704
307,244
9.45% 42,360,678
45,123,945
6.25%

.
2,519
267,555
-
317,983
41,934,995
-

.
278,185
39,689
- 42,042,695
3,188,950
-

.
28,991
38,368
32.34% 4,467,982
5,478,137
22.61%

.
24,469
26,708
9.15% 3,078,156
3,370,690
9.50%

.
10,532
11,748
11.55% 1,293,268
1,335,679
3.28%

.
5,659
6,232
10.13%
696,492
711,662
2.18%

6
350,355
390,300
11.40% 51,896,576
56,020,113
7.95%

- ()

. + .
.
.
.
.
.
.
6
2549
1,198,120
6,312
1,191,808
16,274
26,009
10,338
4,698
1,255,439
2550
1,207,970
1,191,858
16,112
17,498
23,429
10,141
2,909
1,261,947
%
0.82%
-
-
7.52%
-9.92%
-1.91%
-38.08%
0.52%

Fiscal
Year

: Fiscal Year
BKK + DMK
BKK
DMK
HKT
CNX
HDY
CEI
Net
2006
1,198,120
6,312
1,191,808
16,274
26,009
10,338
4,698
1,255,439
2007
1,207,970
1,191,858
16,112
17,498
23,429
10,141
2,909
1,261,947
%
0.82%
-
-
7.52%
-9.92%
-1.91%
-38.08%
0.52%
Note : BKK = Suvarnabhumi, DMK = Don Mueang, HKT = Phuket, CNX = Chiang Mai, HDY = Hat Yai, CEI = Chiang Rai
2550
Cargo Volumes (Tons)
{57}

Air traffic volume (No. of flights)
Passenger volume (No. of passengers)

2006
2007
%
2006
2007
%

BKK + DMK
280,704
307,244
9.45% 42,360,678
45,123,945
6.25%

BKK
2,519
267,555
-
317,983
41,934,995
-

DMK
278,185
39,689
- 42,042,695
3,188,950
-

HKT
28,991
38,368
32.34% 4,467,982
5,478,137
22.61%

CNX
24,469
26,708
9.15% 3,078,156
3,370,690
9.50%

HDY
10,532
11,748
11.55% 1,293,268
1,335,679
3.28%

CEI
5,659
6,232
10.13%
696,492
711,662
2.18%

Net
350,355
390,300
11.40% 51,896,576
56,020,113
7.95%
Note : BKK = Suvarnabhumi, DMK = Don Mueang, HKT = Phuket, CNX = Chiang Mai, HDY = Hat Yai, CEI = Chiang Rai
()
{58}
ANNUAL REPORT 2007
2550 3 07,244
2549 9.45 45,123,945 6.52

1,207,970 0.82

100 86
14 267,555 191,396
76,159 41,934,995 32,689,041
1,151,445 1,191,858
1,151,445 40,413

3 39,689
1,533 38,156 3,188,950
11,114 3,177,836 16,112
599 15,513

2550 26 38,368
32.34 16,239 28.00
22,129 35.73
5,478,137 22.61 2,054,982 33.14
3,423,155 17.05
17,498 7.52
4,160 54.65 13,338 1.81

{59}
During the Fiscal Year 2007, Bangkoks Suvarnabhumi and Don Mueang International Airports served 307,244 flights,
a 9.45% increase from 2006, and 45,123,945 passengers, a 6.52% increase. The two airports handled 1,207,970 tons of
cargo and postal parcels, a 0.82% increase from the previous year.

Suvarnabhumi Airport served 100 scheduled airlines. These comprised mixed passenger-cargo carriers and 14
dedicated cargo carriers. The airport handled 267,555 commercial flights, including 191,396 international flights and 76,159
domestic flights, and accommodated 41,934,995 passengers, including 32,689,041 international passengers and 1,151,445
domestic passengers. The volume of cargo and mail was 1,191,858 tons, including 1,151,445 tons of international shipment
and 40,413 tons of domestic shipment.

Don Mueang International Airport served 3 domestic airlines. There were 39,689 scheduled commercial flights,
including 1,533 international flights and 38,156 domestic flights, accommodating 3,188,950 passengers, including 11,114
international passengers and 3,177,836 domestic passengers. The volume of cargo was 16,112 tons, including 599 tons of
international shipment and 15,513 tons of domestic shipment.

In Fiscal Year 2007, Phuket International Airport served 26 scheduled airlines and handled 38,368 flights, a 32.24%
increase. These include 16,239 international scheduled and charter flights, a 28.00% increase, and 22,129 domestic flights, a
35.73% increase. The number of passengers was 5,478,137, a 22.61% increase, 2,054,982 international passengers, a
33.14% increase, and 3,423,155 domestic passengers, a 17.05% increase. Domestic and international tourists contributed to
this increase. The volume of cargo and mail was 17,498 tons, a 7.52% increase, including 4,160 tons of international
shipment, a 54.65% increase, and 13,338 tons of domestic shipment, a 1.81% increase.

2550
Suvarnabhumi and Don Mueang International Airports
()
{60}
ANNUAL REPORT 2007

2550 12 26,708
9.15 5,058 11.11
21,650 15.29 3,370,690 9.50
350,881 6.42
3,019,809 9.87
23,429 9.92
307 4.07 23,122 10.08

2550 11,748 11.55
5 995 21.03
10,753 15.97 1,335,679 3.28
94,612 30.02
1,241,067 7.17
10,141 1.91

4 2550 6,232
10.13 22 6,210
9.99 711,662 2.18 66
711,596 2.17

2,909 38.08


In the Fiscal Year 2007, Chiang Mai International Airport served 12 regularly scheduled airlines and handled 26,708
flights, a 9.15% increase. These included 5,058 international flights, an 11.11% decline, and 21,650 domestic flights, a
15.29% increase. The number of passengers was 3,370,690, a 9.50% increase, including 350,881 international passengers, a
6.42% increase, from scheduled flight on the Luang Prabang, Vientiane, Chiang Rung, Singapore, Taipei, Kuala Lumpur, and
Hong Kong. The number of domestic passengers was 3,019,809, a 9.87% increase due to the growing travel demand for
low-cost airlines. The volume of cargo and mail was 23,429 tons, a 9.92% decline, including 307 tons of international
shipment, a 4.07% increase, and 23,122 tons of domestic shipment, a 10.08 decrease.

2550

Chiang Rai International Airport served 4 scheduled airlines. In Fiscal Year 2007, it handled 6,232 flights, a 10.13%
increase. There were 22 non-scheduled international flights and 6,210 scheduled domestic flights, a 9.99% increase. It
served 711,662 passengers, a 2.18% increase, including 66 international passengers and 711,596 domestic passengers, a
2.17% increase. The increased passengers were mostly from low-cost airlines flights to and from Bangkok. The volume of
all-domestic cargo and mail was 2,909 tons, a 38.08% decline.

{61}
In the Fiscal Year 2007, Hat Yai International Airport handled 11,748 flights, an 11.55% increase, from 5 scheduled
airlines. These included 995 international flights, a 21.03% decline, and 10,753 domestic flights, a 15.97% increase
respectively. It served 1,335,679 passengers, a 3.28% increase, including 94,612 international passengers, a 30.02% decline
due to terrorist activities in the nearby southern-most provinces that resulted in declining number of tourists. The number of
domestic passengers was 1,241,067 a 7.17% increase. The volume of cargo and mail was 10,141 tons, a 1.91% decline.
All cargo flights are domestic.

()
{62}
ANNUAL REPORT 2007
AOT Risk Factors
1.

(.)
() ..........
..2497

In its airport operations, AOT complies with
measures to prevent, resolve and mitigate environmental
impact and to monitor environmental quality. The AOT
has set up a number of working committees in charge of
overseeing the organizations environmental management
practices. There is also a comprehensive airport
environment management plan in place.

In the area of noise pollution, it seems likely that
AOT will need to comply with a Cabinet resolution
requiring AOT to purchase properties impacted by noise
from Suvarnabhumi Airport. In doing so, AOT may not
deduct for depreciation but must pay 10-30% more than
current market value, a level even higher than that called
for by Ministry of Environment in its Environmental
Impact Assessment Report and its measures to reduce
noise pollution. This seems likely to increase AOTs
expenses significantly. This Cabinet resolution may also
affect operations at other AOT airports in the future.

In order to mitigate the impact of noise pollution
in the area around Suvarnabhumi Airport, AOT and other
relevant agencies have taken a number of steps,
including modifying take-off and landing procedures,
adjusting flight routes, specifying the types of aircraft
authorized to use the airport, and paying fair compensation
to those people adversely affected by noise pollution.
AOT has, for example, purchased land and houses and
paid for repairs to buildings.

2. Impact of the Air Navigation Act (Number)

B.E..
The Department of Civil Aviation has drafted the

Air Navigation Act (Number) B.E.as an amendment
to the earlier Air Navigation Act of B.E.2497 (1954). The
new act is intended to bring the country in line with the
regulations and recommendations of the International
Civil Aviation Organization and to provide a legal
framework that allows Thailand to begin production of
aircraft and spare parts, which will be a real boon to
the countrys manufacturing sector.

2550
2. (
) .
1. Obligation to Prevent, Resolve and Mitigate

Environmental Impact
{63}
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ANNUAL REPORT 2007

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.......

The Act contains a number of measures that will
affect AOTs operations. For example, airport operators
will be required to have certification and to comply with
the terms of the new law. Public airports will also be
required to appoint a manager with certification from the
Director General of the Department of Civil Aviation

In the initial stages, efforts to ensure full compliance
with the conditions of the new Air Navigation Act may
have some impact on AOTs operations.

3.

( 2550) .

Dual Airport

3. Operation of Don Mueang and Suvarnabhumi

Airports in parallel
As Don Mueang International Airport remains

opened at a time when Suvarnabhumi Airport is stretching
beyond its current operating capacity, the concurrent
and coordinated use of both airports would enables
Bangkok to cope with increasing air traffic volume.

At present (September 2007) AOT has engaged
the International Civil Aviation Organization (ICAO)
to conduct a study with the intention to identify the
development plan and slow down the implementation of
the second phase of the Suvarnabhumi Airport expansion
project as well as to manage the finance and mobilize
the investment in the project. AOT hopes to optimize the
operations of air traffic at Suvarnabhumi and Don Mueang in
both short and long terms. The study will also provide
information concerning plans for future expansion and
investment in Suvarnabhumi Airport under a dual airport
management scheme.
4.

2550

Starting in 1995, Bangkok Metropolitan Administration
has included business revenues in its calculations of
property taxes.

AOT disagreed with this policy and on July 29,
2005, filed a petition with the Attorney General asking
the arbitration committee responsible for civil law
involving the governmental and non-governmental
sectors to step in. Each subsequent year AOT filed an
identical petition so long as the arbitration committee
made no a ruling.

In March 2005, the Attorney General informed
AOT of the arbitration committees decision, which,
if BMA accepted, would require BMA to reimburse AOT
for a total of 570.69 million Baht in property tax paid
over the period between 1995 and 2003. Through
the Treasury Department, the Attorney Generals Office
also made it known that the arbitration committees
findings should apply equally to property taxes paid in
tax year 2004. But as of 2005, AOT had not yet been
apprised of the arbitration committees findings.

On September 11, 2006, BMA submitted a letter
to Treasury Department informing that it did not agree
with the principles for assessing property taxes set down
by the arbitration committee.

On October 2, 2006, the Treasury Department
informed AOT that a letter had been sent to the Attorney
Generals Office requesting that the matter be forwarded
to the Cabinet to order BMA to comply with the ruling of
the arbitration committee.
{65}

2538

.
29 2542

2548
.
.
2538 2546 570.69

2547
2538 2546
2548 .

11 2549

2 2549 .
4. The Dispute with the BMA Over Assessment

of Property Taxes
()
{66}
ANNUAL REPORT 2007
. 14,285,700,000 1,428,570,000 10

() (.) (AOT)

70.00
3.34
2.77
2.54
2.37
2.13
1.80
1.05
1.05
0.57
87.62

78.70
21.30
100.00

AOT has registered capital of 14,285,700,700 Baht or a total of 1,428,570,000 ordinary shares, fully paid up and
with a par value of 10 Baht each.

Major Shareholders
Airports of Thailand Public Company Limited (AOT)

Names

1
MINISTRY OF FINANCE

2
STATE STREET BANK AND TRUST COMPANY

3
CHASE NOMINEES LIMITED 1

4
NORTRUST NOMINEES LTD.

5
HSBC (SINGAPORE) NOMINEES PTE LTD.

6
THAI NVDR COMPANY LIMITED

7
STATE STREET BANK AND TRUST COMPANY FOR AUSTRALIA

8
CHASE NOMINEES LIMITED

9
CHASE C.S. CENTRAL NOMINEES LIMITED 35
10
CREDIT SUISSE SECURITIES (EUROPE) LIMITED

Book Closed for the 2006 Annual General Meeting of Shareholders
on January 5, 2007.

Share Distribution as of 5 january 2007

Number of Number of percent

shareholders shares

Thai shareholders
14,394
1,124,259,954
78.70

Foreign shareholders
115
304,310,046
21.30

Total
14,509
1,428,570,000
100.00

Number
of Shares
1,000,000,000
47,744,597
39,612,300
36,233,500
33,919,483
30,383,649
25,655,700
15,043,400
14,988,400
8,208,000
1,251,789,029
Number of shares
(unit : million)
1,124.26
304.31
1,428.57
Percentage
of total shares
70.00
3.34
2.77
2.54
2.37
2.13
1.80
1.05
1.05
0.57
87.62
%
78.70
21.30
100.00
2550
Shareholding and Management Structure
{67}

/

1

1,000,000,000

2
STATE STREET BANK AND TRUST COMPANY
47,744,597

3
CHASE NOMINEES LIMITED 1
39,612,300

4
NORTRUST NOMINEES LTD.
36,233,500

5
HSBC (SINGAPORE) NOMINEES PTE LTD.
33,919,483

6

30,383,649

7
STATE STREET BANK AND TRUST COMPANY FOR AUSTRALIA
25,655,700

8
CHASE NOMINEES LIMITED
15,043,400

9
CHASE C.S. CENTRAL NOMINEES LIMITED 35
14,988,400
10
CREDIT SUISSE SECURITIES (EUROPE) LIMITED
8,208,000

1,251,789,029

2549 5 2550

14,394
1,124,259,954

115
304,310,046

14,509
1,428,570,000

()

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{68}
ANNUAL REPORT 2007
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Corporate Governance

Realizing the importance of good corporate governance, the AOT board has set up, in addition to three other
working committees for audit, nomination and remuneration, AOT Good Corporate Governance Committee, later changed to
AOT Good Governance Committee. Its mission is to promote and review AOTs operations to ensure that they are in
compliance with Stock Exchange of Thailands 2006 Corporate Governance Policy of Listed Companies, which will in turn
strengthen the companys ability to compete, to achieve sustainable growth and to increase value for long-term
shareholders, with consideration given to other stakeholders and transparent and accountable operations.

2. Spokesperson

The AOT board has appointed one of its directors, Mr.Chermsak Pinthong, its spokesperson to ensure the release of
clear and consistent information to the press.

3. The Companys Secretary

The AOT board has appointed Ms.Suwannee Samrongwatana the Corporate Secretary. The appointment is in
response to the companys organization restructuring in accordance to the amended Securities and Exchange Act B.E. 2535
with an added chapter on corporate governance requiring a listed companys Board of Directors to appoint a secretary
to manage its operations on behalf of the company or its Board. Therefore, to ensure that the company is run with utmost
efficiency in compliance with good corporate governance policy, the secretary is assigned the following duties:

- Give the Board advice concerning rules and regulations and relevant laws

- Keep important documents concerning the AOT board and oversee the duties of the board,

- Efficiently coordinate the carrying out of the AOT boards decisions

2550
1. Setting up of 4 working committees
{69}

The AOT board aims to operate under corporate governance principles and follow the regulations stipulated by
the Office of the Securities and Exchange Commission in streamlining its administration to pave the way for sustainable
business development. This is reflected in one of AOTs regulations, which reads The organization is tasked with setting
policies on business code of conduct and professional ethics to govern the work of its Board of Directors, executives and
administration and personnel sectors in line with good corporate governance to ensure that the companys practice is
standard and proper. In compliance with this regulation, the AOT board has carried out several tasks over the past year,
which can be summarized as follows:

()
{70}
ANNUAL REPORT 2007
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goodgovernance@airportthai.co.th
6

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4. Corporate Governance Activities

{71}
2550

The AOT Good Governance Committee promotes the companys operations concerning good governance with the
help of various working groups and over the past year has organized the following activities to encourage its employees to
join the AOT in this endeavor.

- Held a joint meeting between the AOT Good Governance Committee and 30 other companies contracted to
construct Suvarnabhumi Airport aimed at exchanging views and voicing problems concerning the airport operations as well
as working out the solutions.

- Set up several channels through which the companys stakeholders including customers, shareholders, investors
and employees can voice their opinions, grievances and suggestions concerning AOTs services and management. The
channels are P.O. Box 1020, Donmeung, Bangkok 10210, e-mail: goodgovernance@airportthai.co.th and a complaint /
suggestion box at the companys headquarters and at the passenger terminals of all the 6 airports under the AOTs
supervision.

- Organized 2 conferences on good governance at its headquarters and Suvarnabhumi Airport with an aim to
encourage its employees at all levels both in and outside Bangkok to participate in and voice their opinions on the AOTs
good governance practices. The conferences were attended by the AOTs high-ranking executives, and external specialists.

- Published books on the AOTs code of conduct and the introduction to the Stock Exchange of Thailands
corporate governance policy and distributing them to the AOTs employees.

- On-site visits by the AOTs Good Governance Committee to all its 4 provincial airports in order to listen to its
employees and to ensure their understanding of the companys good governance practices.

- Constructed questionnaires on the AOTs Corporate Governance and distributed them to all AOT employees
based both in and outside Bangkok. The results of the survey were reported on two separate categories: airport and the
AOTs overall picture and served as self-evaluation for further use.

- Founded a good governance library where all the AOTs records of purchasing, outsourcing, and construction and
any other documents pertaining to the AOT such as the construction of Suvarnabhumi Airport are kept. The library is open
for public and company use.

- Put up an outdoor board sporting the AOTs slogan in order to stimulate its employees sense of participation in
the companys implementation of good governance

- In order to boost employees participation in good governance, a slogan contest was held. The winning slogan
was used by the PR department to stimulate employees into contributing to the companys progress.

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{72}
ANNUAL REPORT 2007

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5 2550 31 2550 .
www.airportthai.co.th .
3

The AOTs implementation of good governance in accordance with the Stock

Exchange of Thailands 2006 Corporate Governance Policy of Listed Companies

In implementing good governance in accordance with the Stock Exchange of Thailands 2006 Corporate
Governance Policy of Listed Companies, the AOT board has set its own corporate governance policy and made it public on
its own website under the heading Good Governance.

The policy is as follows:

AOT bears in mind that what assures its shareholders of the companys investment is a good policy or the
operations on the basis of the equal fundamental rights shareholders are entitled to according to the law. AOT, therefore,
holds an ordinary general meeting of shareholders at least once a year within no later than 4 months after the last day of
the companys fiscal year, or 30th September. In case of urgency, and on a case-by-case basis, an extraordinary general
meeting of shareholders may be called to discuss a special issue which is a matter of shareholders interest or the
conditions of the law in force and which requires consent of the shareholders. During fiscal 2007 (1st October 2006-30th
September 2007), AOT convened one extraordinary general meeting on 16th November 2006 for an agenda and nominate
people to be members of the AOT board upon the resignation of the entire AOT board.

The AOT board also recognizes the importance of minority shareholders. For its fiscal 2007 Ordinary General
Meeting of Shareholders to be held in January 2008, the AOT board is inviting shareholders to submit a proposal for an
agenda and nominate people to be members of the AOT board. This unprecedented move by AOT occurred from 5 to 31
October 2007 and was made public to shareholders through the Stock Exchange of Thailands electronic system and on its
website www.airportthai.co.th. For the following years, the AOT board will invite the proposal from shareholders 3 months
before the end of the accounting period.

2550
Shareholders: Rights and Equal Treatment
{73}

1. Shareholders are encouraged to exercise their ownership and rights to decide on what changes the company
may need.

2. Shareholders will be treated equally and fairly.

3. AOT stakeholders will be treated on the basis of their legal rights or according to the agreement reached with the
AOT.

4. AOT will disclose finance-and non-finance related information to its shareholders in full and in a timely and
transparent manner through channels which allow for easy, fair and reliable access.

5. The AOT board will play a key role in implementing corporate governance for the utmost benefits of AOT and its
performance on behalf of its shareholders will be approved and independent of the managements control.

The AOT Good Governance Committee is currently reviewing said policy to make it reflect as closely as possible
the general guidelines issued by Stock Exchange of Thailand. Once the review is completed, approval will be sought from
the AOT board so that the revised policy will be adopted instead. It will also be available on AOTs website.

()

2550 (1 2549 - 30 2550) . 2
16 2549 2549 26 2550

{74}
ANNUAL REPORT 2007

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www.airportthai.co.th

.

.

. ()
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12 . 1 3
3 www.airportthai.co.th--Investor Relation

()

Shareholders meeting

In Fiscal 2007 (1st October 2006-30th September 2007), AOT held two shareholders meetings: the Extraordinary
General Meeting on 16 November 2006, and the Ordinary General Meeting on 26 January 2007. The meetings proceeded
according to the procedures required by law as follows:

Prior to the meeting

AOT suggests that its board meet to decide on when to hold the annual ordinary meeting of shareholders.
Approval is also made for the closure of the registration book for the share transfer suspension as required by law. AOT
shareholders are immediately informed of these decisions via the Stock Exchange of Thailands electronic system and its
own website www.airportthai.co.th Invitation letters to the Annual General Meeting will be sent to shareholders. Also
enclosed are accompanying documents and the detailed agenda with remarks from the Directors of the Board.

Independent directors will be authorized to exercise the rights on behalf of the shareholders, who opt to do so.
Invitation letters are in both English and Thai, with each of the agenda items being specified as old business, proposals for
action, or new business, and directors remarks. The packet sent to shareholders also includes a resum? of each of the
nominated people and independent directors who have been authorized to represent shareholders in exercising their rights,
an authorization form approved by Commerce Ministry to be completed by the shareholders who opt to authorize someone
or an independent director to be their proxies. 12 days prior to the meeting, the invitation packet will be sent by Thailand
Securities Depository Company (TSD), which is AOTs share registrar, to everyone listed in the shareholders registration
book as of the day of the closure of the registration book for the share transfer suspension. In order for shareholders to be
notified of the meeting and study the detailed agenda before receiving the mail from TSD, the invitation will also be
published in 1 Thai-language daily newspaper for 3 consecutive days at least 3 days prior to the meeting, and made
available on the AOT website www.airportthai.co.th--Investor Relation.
{75}
2550
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{76}
ANNUAL REPORT 2007

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2 Barcode 2549

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3 2
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14 www.airportthai.co.th--Investor Relation

On the day of the meeting

When the meeting ends, AOT will inform its shareholders of the decisions made at the meeting via the Stock of
Exchange of Thailands electronic system, submit to the Stock of Exchange of Thailand, a copy of the minute of
the Ordinary Meeting of Shareholders including details about voting and answers given to shareholders for each agenda
item, 14 days after the meeting, and post the online version on its website www.airportthai.co.th--Investor Relation

2550
After the meeting
{77}

Like at the 2006 annual meeting, AOT will use the barcode system to ensure convenience for each and every
shareholder at registration, which is started 2 hours prior to the meeting. An adequate number of staff will be on hand to
receive and assure shareholders of their safety. Refreshments and souvenirs are also provided.

As usual, the meeting will not be more than 3 hours long. Each and every shareholder will be given equal rights.
Before the meeting begins, the chairperson of the AOT Board of Directors, who also chairs the event, will go over with
the participants issues of quorum requirements, how to vote for each agenda item in accordance with the AOTs articles of
association, how to count votes, how to use the ballot, and the disclosure of the votes for each agenda item for the sake of
transparency. Shareholders will be given opportunities and sufficient time to voice their opinions and suggestions, ask
questions and discuss each agenda item. The chairperson will see to it that the meeting proceeds according to the agenda
and will not add any item without prior notice. Questions from shareholders will be taken seriously and will be addressed
clearly and relevantly. Voting will be exercised for each agenda item. The voting for the appointment of the board of
directors, in particular, will be made individually.

The previous general meeting of shareholders was attended by the Chairperson of the AOT board, three members
of the audit committee, the Chairperson of the corporate governance committee and 2 other members, the Chairperson of
the remuneration committee, the Chairperson of the nomination committee, AOT President and Vice President for Plan and
Finance, executives, AOT auditor, and legal advisors whose roles were to inspect and count votes with impartiality and
assist the AOT boards in clarifying to shareholders any legal issues that might arise throughout the meeting. The AOT board
chairperson strictly carried out all these duties according to the law. Details are available from the Annual Meetings report
posed on the company website www.airportthai.co.th--Investor Relation

()
{78}
ANNUAL REPORT 2007

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Stakeholder Policy

Aware of the importance of all stakeholders and determined to assert fairness to all parties concerned, AOT has
incorporated a stakeholder policy into its good governance policy in the hope of generating cooperation between the
company, and all groups of stakeholders, namely AOT employees, customers, partners, and creditors, government agencies,
and communities both inside and outside the company including shareholders. It cherishes its responsibility for and duty to
society and environment.

AOT also makes available to stakeholders and other parties concerned information on the companys performance
through its annual report and its own website. Suggestions and complaints over unfair treatment can also be voiced via
e-mail (goodgovernance@airportthai.co), or regular mail (P.O. Box 1020, Don Muang, Bangkok 10210):

Shareholders AOT duly serves its shareholders and is committed to steering its business towards transparent
development emphasizing long-term value and good return for shareholders.
Creditors AOT will strictly comply with the obligations made to its creditors.
Customers AOT is committed to providing its customers and passengers at the airports of convenient, with

quick and safe services. As such, periodic surveys are conducted to services. AOT also meets with its airline companies to
find out about their problems and needs. AOT is also making an effort to settle the dispute, now in the trial court, with
a major company as soon as possible for the benefits of its shareholders.

Community and Society :

AOT is well aware of its responsibility and duties to society, environment and the quality of life of people living in
the vicinity of the airports. Priority goes to public facilities such as hospitals, schools and places of religious worship. To
make their living and working environment relatively congenial, AOT has been helping to improve their housing, and having
air-conditioners installed to reduce the noise level. AOT has also complied with the policy issued by the government and
the tripartite committee, which, chaired by the Ministry of Transport, has been set up to work out solutions to the noise
problem. AOT has also speeded up compensation payment for people in the area where noise exceeds permissible levels.
Immediate problems have been dealt with through noise-abatement measures. AOT reports its progress on environment
improvement of Suvarnabhumi Airport in its quarterly magazine called Yanfah Nayoo (A Livable Sky Zone), which is
distributed to everyone living in the vicinity of the airport.

In addition to the above stakeholder groups, AOT has also contributed to other parts of society. Placing emphasis
on the importance of educating underprivileged youths in rural areas, AOT has built a border patrol school, given away
scholarships and funded learning supplies. AOT has also supported soldiers in the 3 southern provinces of Thailand by
funding the purchase of life and asset protection equipment and relocated explosive trace detection devices from Bangkok
to provincial airports under the supervision of AOT and the Department of Air Transport in the South and to government
peace keeping agencies.

2550

Partners AOT is committed to building a good relationship with its business partners for mutual benefits. For
example, a meeting at Suvarnabhumi Airport held by the AOT Good Governance Committee was attended by 30 other
organizations including business operators and contractors, during which views were exchanged and problems concerning
the airport operations were voiced. The information gleaned was used to find a way to alleviate the problems.

{79}

Employees Believing that employees are a key factor to an organizations success,mAOT, therefore, provides
employees with domestic and overseas training at all levels to enhance their skills and work ability. Employees are assured of
equality in the work environment and rights to fair and suitable compensation. To ensure their good health and safety,
employees and other stakeholders receive an annual medical check up and participate in a routine fire drill. Employees all
over the country are kept informed of the companys operations through its own in-house radio broadcast and in-house
magazine called Tai Fah Diew Kan (Under the Same Sky).
()
{80}
ANNUAL REPORT 2007
{81}
2550
()
{82}
ANNUAL REPORT 2007

. ( 0-2535-5900,
E-mail address: aotir@airportthai.co.th, Web site: airportthai.co.th--Investor Relation)
.
2550

2550

- Roadshow
0
/

- Analyst Briefing
2
/

- Company Visit
240 /

- Conference Call
22
/

-
1
/

.
(...) 2550 .
(MD & A)

. Company Visit

.

.
. 2550
1
.

.

(Performance Agreement : PA)

Disclosure and Transparency

The AOT Board of Directors is composed of skilled, knowledgeable and experienced people in various professions.
It is tasked with issuing policies and approving of important matters concerning AOTs operations. The year 2007 has kept
the AOT board on its toes due to countless problems and obstacles arising from the opening of the new national airport at
Suvarnabhumi. Fortunately, thanks to the boards concerted effort, solutions have been found and the airport is able to
continue its operation, amidst the fear that it could face the same fate as its Hong Kong counterpart (Check Lap Kok
Airport), which was forced to temporarily shut down shortly after its grand opening.

Other tasks under the AOT boards responsibility include determining and steering the companys course of
business, issuing policies, setting goals, planning budgets and overseeing the work of the management, ensuring that it
efficiently and effectively carries out the policies and plans set out for them. Working in the best interest of its shareholders,
the AOT board closely monitors the companys performance both on a monthly and quarterly basis. The managements
actual performance will be evaluated in comparison to what has been projected, in accordance with the annual performance
agreement.

2550
Board of Directors Responsibility

Leadership and Vision
{83}

AOT supports the disclosure of accurate, complete, timely and transparent information. Its own Investor Relation
Center (Tel: 0-2535-5900, Email: aotir@airportthai.co.th, website: airportthai.co.th--Investor Relation) liaises between
shareholders, investors, asset analysts and other relevant agencies, and keeps them informed of AOTs activities and
achievements. As for Fiscal 2007, AOTs activities can be summarized as follows:

Fiscal 2007

- Roadshow overseas
0
/ year

- Analyst Briefing
2
/ year

- Company Visit
240
/ year

- Conference Call
22
/ year

- Shareholder visit to Airport

1
/ year

In addition, AOT discloses accurate and complete general and important information including its financial data in
accordance with the requirement of Thailands Securities and Exchange Commission. In 2007, AOTs quarterly financial
statements were accompanied by a management discussion and analysis (MD & A)

AOT, in collaboration with the Investors Association and the Stock Exchange of Thailand, launched the Company
Visit project. The aim was to assure shareholders, institutional investors and securities analysts of AOTs strength. Before
they were taken on a tour of the facilities at Suvarnabhumi Airport, they met with AOT executives, who explained and
answered questions pertaining to AOTs operations, problems and solutions to the obstacles experienced.

()
{84}
ANNUAL REPORT 2007
The Structure of the AOT Board of Directors

. 30 2550 14

1. () ( 58 )

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()

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- 27

- Electronic Warfare Course, Chicago, Illinois, U.S.A.

- 26

- 39

- Advance Flying Language Refreshedr Course, Physiological Training

San Antonio, Texas, U.S.A.

- Observer USAF Academy, Colorado, U.S.A.

-

- Directors Accreditation Program 2546 (IOD)

..2545 - ()

-

-

-
{85}
2550

The AOT Board of Directors, as of 30 September 2007, is composed of 14 members as follows:

1. General Saprang Kalayanamitra (President) 58 years old

Position Assistant Commander in Chief, Royal Thai Army

Education/Training Background

- National Defense College (Wor Por Or Class 43)

- Masters Degree in Public Administration, National Institute of Development Administration

- Bachelors of Science, Chulachomklao Royal Military Academy

Work Experience

2005 - Third Army Area Commander

2003 - Third Army Corps Commander

Committee Duties

Present - President of the TOT Public Company Limited

2. Air Chief Marshal Narongsak Sangapong (First Vice President) 58 years old

Position Executive Vice President, Corporate Secretariat Department of Thai Airways International

Public Company Limited

Education/Training Backgrounds

- National Defence College (Wor Por Ror Or Class 4212)

- Royal Thai Air Force Air War College (Class 27)

- Electronic Warfare Course, Chicago, Illinois, U.S.A.

- Air Command and General Staff College (Class 26)

- Squadron Officer School (Class 39)

- Advanced Flying Language Refresher Course, Physiological Training San Antonio, Texas,
U.S.A.

- Observer USAF Academy, Colorado, U.S.A.

- Bachelors of Science, Royal Thai Air Force Academy

- 2003 Directors Accreditation Program, Thai Institute of Directors (IOD)

Work Experience

2002 - Thai Airways International Public Company Limiteds Executive Vice President, Special

Project Department

- National Defense Studies Institute Advisor

Committee Duties

- President of Civil Aviation Training Center

- Director of the Board of Aeronautical Radio of Thailand Limited
()
{86}
ANNUAL REPORT 2007

3.. ( 2) ( 60 )

/

- (. 40)

- ()

- (. 12)

-

-

- Audit Committee Program 2549 (IOD)

- Directors Certification Program 74/2549 (IOD)

- Directors Accreditation Program 6/2546 (IOD)

..2549 -

..2547 -

..2545 -

- ()

4. () ( 63 )

/

- 6

- (. 40)

- 1

- 10

- , TULANE UNIVERSITY SCHOOL OF LAW

- ()


- Audit Committee Program 13/2549 (IOD)

- Improving Quality of Financial Reporting 1/2549

(IOD)

..2547 -

..2543 -

-

- ()

-
{87}
2550

3. Mr. Chavalit Sethameteekul (Second Vice President) (60 years old)

Position Director-General of the Customs Department

Education/Training Backgrounds

- National Defense College (Wor Por Or Class 40)

- Masters Degree in Political Science (Public Administration, Thammasat University

- Senior Executive Program (Nor Bor Sor Class 12)

- Thai Barrister at Law, The Thai Bar

- Bachelors of Law, Thammasat University

- 2006 Audit Committee Program, Thai Institute of Directors

- Directors Certification Program (class 74/2006), Thai Institute of Directors (IOD)

- Directors Accreditation Program (class 6/2003)Thai Institute of Directors

Work Experience

2006 - Finance Deputy Permanent Secretary

2004 - Finance Ministry Inspector

2002 - Customs Department Director-General

Committee duties

- Director of the TOT Public Company Limiteds Board

4. Mr. Kampree Kaocharern (Director), (63 years old)

Position Senior Public Prosecutor


- Course in Politics and Government in the Democratic System for Senior Executive Class 6,

Phra Pok Klao Institute

- National Defence College (Wor Por Or Class 40)

- College of Justice Class 1

- Senior Administrators Program Class 10, College of Administration

- Masters of Law, Tulane University School of Law

- Bachelors of Law, Thai Barrister at Law and Bachelors of Arts (Political Science)

- Directors Accreditation Program, Class 42/2005, Thai Institute of Directors (IOD)

- Audit Committee Program, Class 13/2006, Thai Institute of Directors (IOD)

- Improving Quality of Financial Reporting Program, Thai Institute of Directors (IOD)

Work Experience

2004 - Attorney General, Office of the Attorney General

2000 - Deputy Attorney General, Office of the Attorney General

Committee Duties

- Director of Thai Asset Management Corporation Board

- Director of Thai Military Bank Public Company Limited Board

- Member of the Office of the Council of State
()
{88}
ANNUAL REPORT 2007

5. () ( 59 )

/

- (. 38)

- University of Arkansas, U.S.A.

- Stephen F. Austin State University, Texus, U.S.A.

- Directors Certification Program 2547 (IOD)


- The Role of Chairman Program 3/2544 (IOD)

..2545 -

..2544 - ( 10)

- . ()

- ()

-

6. () ( 58 )

/

- (. 4414)

-

-


- The Role of Chairman Program 13/2549 (IOD)

..2546 - ()

..2545 - ()

-

-
{89}
2550

5. Mr. Vudhibhandhu Vichairatana (Director) (59 years old)

Position Director-General, Bureau of the Budget


- National Defence College (Wor Por Or Class 38)

- Masters of Economics, University of Arkansas, U.S.A.

- Bachelors of Economics, Stephen F. Austin State University, Texas, U.S.A.

- Directors Certification Program, 2004, Thai Institute of Directors (IOD)

- Directors Accreditation Program Class 49/2005, Thai Institute of Directors (IOD)

- The Role of Chairman Program Class 3/2001, Thai Institute of Directors (IOD)

Work Experience

2002 - Director-General, Bureau of the Budget

2001 - Deputy Director-General, Bureau of the Budget (Executive 10)

Committee Duties

- Director of PTT Exploration and Production Public Company Limited

- Director of TMB Bank Public Company Limited

- Director of Provincial Electricity Authority

6. Mr. Chaisak Angkasuwan (Director) (58 years old)

Position Director-General, Department of Civil Aviation

Educational/Training Background

- National Defence College (Wor Por Ror Or, Class 4414)

- Masters of Public Administration in Public and Private Management, National Institute of

Development Administration

- Bachelors of Law, Thammasat University


- The Role of Chairman Program Class 13/2006, Thai Institute of Directors (IOD)

Work Experience

2003 - Deputy Director (for Economics), Department of Civil Aviation

2002 - Deputy Director (for Academics), Department of Civil Aviation

Committee Duties

- Chairman of the Board of Directors,

Aeronautical Radio of Thailand Ltd.

- Director of the Board of Thai Aviation Industries Co., Ltd.
()
{90}
ANNUAL REPORT 2007

7. () ( 51 )

/

- (. 46)

- .. 35

- Williams College, U.S.A.

-



..2546 -

-

8. () ( 55 )

/

- (. 47)

- 34

-

- Directors Accreditatiion Program 63/2550

..2550 -

..2549 -

..2547 -

..2545 -

{91}
2550

7. Mr. Arkhom Termpittayapaisith (Director) (51 years old)

Position Deputy Secretary-General, National Economics and Social Development Board


- National Defence College (Wor Por Or, Class 46)

- Senior Executive Program, Civil Service Commission

- Masters of Economics, Williams College, U.S.A.

- Bachelors of Economics, Thammasat University

- Directors Certification Program, Class 92/2007, Thai Institute of Directors (IOD)


Work Experience

2003 - Advisor on Policy and Planning, National Economics and Social Development Board

Committee Duties

- Director of the Board of the Electricity Generating Authority of Thailand

8. Air Chief Marshal Ittaporn Subhawong (Director) (55 years old)

Position Deputy Chief of the Air Staff- Royal Thai Air Force


- National Defence (Wor Por Or, Class 47)

- Royal Thai Air Force Air War College (Class 34)

- Bachelors of Science, Royal Thai Air Force Academy


Work Experience

2007 - Deputy Chief of the Air Staff- Royal Thai Air Force

2006 - Assistant Chief of Staff- Royal Thai Air Force

2004 - Director of Operations, Royal Thai Air Force

2002 - Chief of Staff, Directorate of Air Operations Control, Royal Thai Air Force

Committee Duties

None
()
{92}
ANNUAL REPORT 2007

9. () ( 63 )

/

- (. 355)

- ()

- University of Iowa, U.S.A. ()

- ()



..2545 - ()

-

-

10. () ( 60 )

/

- DBA.; Nova Southeastern University M.S.C.E; University of Washington, U.S.A.

-



..2546 -

- International Preparatary & Secondary School
10. Mr. Tortrakul Yomnak (Director) (60 years old)

Position Chairman of Tortrakul Associates Consulting Engineer Co.,Ltd.


- DBA,; Nova Southeastern University

- M.S.C.E; University of Washington, U.S.A.

- Bachelors of Engineering, Chulalongkorn University



Work Experience

2005 - President, The Engineering Institute of Thailand Under HM the Kings Patronage

Committee Duties

- Chairman of the Board, International Preparatory & Secondary School
2550
{93}

9. Mr. Nontaphon Nimsomboon

Position Chairman of the Board of Directors, AMC International Consulting Co., Ltd.


- National Defence (Wor Por Ror Or, Class 355)

- PhD. in Accounting (Honorary), Thammasat University

- Masters of Business Administration, University of Iowa, U.S.A., (Government scholarship)

- Bachelor of Accountancy, Thammsat University



Work Experience

2002 - Director, Deputy Chief Executive Officer, Saha-Union Public Company Limited

Committee Duties

- Director, Office of the Securities and Exchange Commission

- Director, Chairman of the Audit Committee, The Bank of Thailand

()
{94}
ANNUAL REPORT 2007

11. () ( 54 )

/

- (. 4414)

- ()

- University of Illinois

-

- (IOD)

-

-

-

-

-

-

-

12. () ( 57 )

/

- Stanford University, U.S.A.

-

- ()

- (IOD)

-

..2543 -

{95}
2550

11. Mr. Yodyiam Teptaranon (Independent Director) (54 years old)

Position Directors, International Project Administration Co.,Ltd.

Educational and Training Background

- National Defence College (Wor Por Ror Or, Class 4414)

- Ph.D. (Honorary Degree), in Architecture Khon Kaen University

- Masters of Architecture, University of Illinois

- Bachelors of Architecture, Chulalongkorn University

Work Experience

Present - Member of Price Control Committee

- Member of the Energy Conservation Fund Committee, Energy Policy and Planning Bureau

- Inventory Regulations Committee, Finance Ministry

- Advisor to the Crown Property Bureau

- Advisor to the Association of Siamese Architects under the Royal Patronage of His Majesty

the King

- Advisor to Thai City Planners Society

Committee duties

None

12. Mr. Chermsak Pinthong (Independent Director) (57 years old)

Position Executive Director


- Ph.D. in Economics, Stanford University

- Masters of Economics, Thammasat University

- Bachelors of Economics (High Honors), Thammasat University

Work Experience

- Host of political and social programs on television and radio

- Senator

Committee duties

None
()
{96}
ANNUAL REPORT 2007

13. () ( 59 )

/

- (. 38)

- 1 10 2 15

-

- 8

- 13

- 24


..2550 -

..2549 - ( 10)

..2547 -

- ()

14. () ( 53 )

/

- Executive Development Program, Kellogg School of Management, NWU, U.S.A.

-

-


- Directors Accreditation Program (IOD)

..2549 -

..2548 -

..2545 - 9 .

- ()
{97}
2550

13. Police General Sereepisuth Taemeeyaves (Director) (59 years old)

Position Acting Commissioner General, Royal Thai Police


- National Defense College

- 1st Senior Executive Program, Class10 and 2nd Senior Executive Program Class15,

Civil Service Training Center

- Ethics and Competence Development Program, National Institute of Development Administration

- Advanced Police Administration Program, Class 8

- Inspector and Division Commander Program, Class 13

- Royal Police Cadet Academy, Class 24


Work Experience

2007 - Interim Royal Thai Police Commissioner General

2006 - Royal Thai Police Advisor (Sor Bor 10)

2004 - Inspector General, Royal Thai Police

Committee duties

- Member of Chairman of the Audit Committee, IRPC Public Company Limited

14. Mrs. Danucha Yindeepit (Director) (53 years old)

Position Deputy Director, General State Enterprise Policy Office


- Executive Development Program, Kellogg School of Management, NWU, U.S.A.

- Masters of Accountancy, Chulalongkorn University

- Bachelors of Accountancy, Chulalongkorn University


- Directors Accreditation Program Class, Thai Institute of Directors (IOD)

Work Experience

2006 - Director, State Enterprise Analysis and Evaluation, State Enterprise Policy Office

2005 - Director, State Enterprise Development, State Enterprise Policy Office

2002 - Finance Technical Officer 9 (specialized), Privatization Analysis Group, HYPERLINK

http://glossary.needtranslator.com/index.php?a=print&d=1&t=1136 The Office of

State Enterprise and Government Securities, the Comptroller General Office.

Committee Duties

- Board of Directors, Krung Thai Asset Management Public Company Limited
()

. .
2549 2550 .
2 - 4

.

. 2550
(1 2549 - 30 2550)

{98}
ANNUAL REPORT 2007
. ()

30 ..

.

2550 ()
2549 33 16 8

3
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.

20,000

1/1
1/1
1/1
1/1
0/1
1/1
1/1
1/1
0/1
0/1
1/1
0/1
1/1
0/0
0/0
0/0
1/1
32/33
32/33
27/33
32/33
25/33
25/33
24/33
29/33
12/33
29/33
30/33
31/33
9/33
20/33
4/33
3/33
9/33
-
-
-
14/16
2/16
-
9/16
-
-
16/16
13/16
15/16
-
-
-
-
-
-
-
-
8/8
1/8
-
-
6/8
5/8
1/1
-
-
-
-
-
1/1
-
-
3/3
3/3
-
-
-
-
-
-
-
-
-
2/3
-
-
-
-
Board of Directors Meetings

The AOT Board of Directors meeting used to be scheduled on every third Wednesday of the month. However,
since the official opening of Suvarnabhumi Airport in September 2006, the board has been bombarded with problems to be
solved, and have to hold a meeting 2-4 times a month in order to work out policies to be adopted by the management in
order to avoid shutting down the airport.

Before a meeting takes place, each board member will be sent a set of documents to study in advance. A record of
each meeting is made in writing and filed after it is approved by the board. Below is the board meetings attendance
record during Fiscal 2007.
AOT Board Meetings Attendance Record Fiscal 2007

(1 October 2006 - 30 September 2007)
Current AOT Board
1/1
1/1
1/1
1/1
0/1
1/1
1/1
1/1
0/1
0/1
1/1
0/1
1/1
0/0
0/0
0/0
1/1
32/33
32/33
27/33
32/33
25/33
25/33
24/33
29/33
12/33
29/33
30/33
31/33
9/33
20/33
4/33
3/33
9/33
-
-
-
14/16
2/16
-
9/16
-
-
16/16
13/16
15/16
-
-
-
-
-
-
-
-
8/8
1/8
-
-
6/8
5/8
1/1
-
-
-
-
-
1/1
-
-
3/3
3/3
-
-
-
-
-
-
-
-
-
2/3
-
-
-
-
2550
1. General Saprang Kalayanamitra

-
2. Air Chief Marshal Narongsak Sangapong 20,000
3. Mr. Chavalit Sethameteekul
-
4. Mr. Kampree Kaocharern
-
5. Mr. Vudhibhandhu Vichairatana
-
6. Mr. Chaisak Angkasuwan
-
7. Mr. Arkhom Termpittayapaisith
-
8. Air Chief Marshal Ittaporn subhawong
-
9. Mr. Areepong Phucha-um
-
10. Mr. Nonthaphon Nimsomboon
-
11. Mr. Tortrakul Yomnak
-
12. Mr. Yodyiam Teptaranon
-
13. Mr. Warakorn Samkoset
-
14. Mr. Chermsak Pinttong
-
15. Police General Sereepisuth Temeeyaves
-
16. Mrs. Danucha Yindeepit
-
17. Mr. Chotisak Asapaviriya
-
AOT Board
Audit Nomination Remunerations
meetings Committee Committee Committee
Total
Total
Total
Total
33 times 16 times 8 times
3 times
{99}

Name
Number
Annual

of AOT
General

Shares held Meeting

2006
()
{100}
ANNUAL REPORT 2007

- 2549 26 2550
, , ,

- 26 2550

- 7 2550
2 2550
- 1 2550
29 2550

- 20 2550

-
2 2550
Remarks
- According to the decision passed by the Annual Ordinary Meeting of Shareholders on 26th January 2007,
these directors whose terms expired would be reelected for another term: General Saprang Kalayanamitr, Mr. Vudhibhandhu
Vichairatana, Air Chief Marshal Ittaporn subhawong, Mr. Areepong Phucha-um and Mr. Chotisak Asapaviriya.

- Mr. Chermsak Pinthong was elected by shareholders on 26th January 2007
- Pol. Gen. Sereepisuth Taemeeyaves was appointed on the recommendation of the Nomination Committee
on 7th January 2007 to replace Mr. Warakron Samkoset, who resigned on 2nd February 2007.
- Mrs. Danucha Yindeepit was appointed on the recommendation of the Nomination Committee On 1st September
2007 to replace Mr. Areepong Phucha-um, who resigned on 29th January 2007.
{101}
2550
()
. ( 30 2550)

-

1.
662,500.00
162,500.00
825,000.00
825,000.00
2.
816,129.03
643,750.00
70,000.00
3.
537,500.00
236,250.00
ANNUAL REPORT 2007
4.
722,903.23
291,250.00
1,014,153.23 1,014,153.23
5.
1,200,000.00
570,000.00
67,500.00
637,500.00 1,837,500.00
6.
1,200,000.00
510,000.00
250,000.00
760,000.00 1,960,000.00
7.
816,129.03
702,903.23
198,750.00
901,653.23 1,717,782.26
8.
500,000.00
180,000.00
680,000.00
680,000.00
9.
741,129.03
200,000.00
941,129.03
941,129.03
{102}

2549 26 2550
2550
10.
702,903.23
303,500.00
11.
712,903.23
180,000.00
892,903.23
892,903.23
12.
363,225.81
10,000.00
373,225.81
373,225.81
13.
120,000.00
120,000.00
120,000.00
14.

50,000.00
20,000.00
70,000.00
70,000.00
- 4, 7, 8, 10 11
713,750.00 1,529,879.03
773,750.00
773,750.00
1,006,403.23 1,006,403.23
Remunerations for Directors and Management

Following are remunerations for directors of the Board and the management approved at the Annual General
Meeting of Shareholders on 26th January 2007.
- 4, 7, 8, 10 and 11 are on the Audit Committee
2550
Remarks
{103}
Remunerations for Current AOT Board (Between 1 October 2006 - 30 September 2007)

Name
Bonus Attendance Attendance
Total
Total
No.

fees
fees
Attendance Remunerations

Committee Subcommittee Fees
1. General Saprang Kalayanamitra
-
662,500.00 162,500.00
825,000.00 825,000.00
2. Air Chief Marshal Narongsak Sangapong 816,129.03 643,750.00
70,000.00
713,750.00 1,529,879.03
-
537,500.00 236,250.00
773,750.00 773,750.00
-
722,903.23 291,250.00 1,014,153.23 1,014,153.23
5. Mr. Vudhibhandhu Vichairatana
1,200,000.00 570,000.00
67,500.00
637,500.00 1,837,500.00
6. Mr. Chaisak Angkasuwan
1,200,000.00 510,000.00 250,000.00
760,000.00 1,960,000.00
816,129.03 702,903.23 198,750.00
901,653.23 1,717,782.26
8. Air Marshal Ittaporn Subhawong
-
500,000.00 180,000.00
680,000.00 680,000.00
-
741,129.03 200,000.00
941,129.03 941,129.03
-
702,903.23 303,500.00 1,006,403.23 1,006,403.23
11 Mr. Yodyiam Teptaranon
-
712,903.23 180,000.00
892,903.23 892,903.23
12. Mr. Chirmsak Pinthong
-
363,225.81
10,000.00
373,225.81 373,225.81
13. Police General Sereepisuth Temeeyaves
-
120,000.00
-
120,000.00 120,000.00
-
50,000.00
20,000.00
70,000.00
70,000.00
()
{104}
ANNUAL REPORT 2007

-

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.

1,488,824.88 87,500.00
12,500.00
100,000.00
1,333,928.57 67,500.00
25,000.00
92,500.00
912,557.60 56,250.00
-
56,250.00
1,200,000.00 100,000.00
22,500.00
122,500.00
1,200,000.00 110,000.00
-
110,000.00
1,200,000.00 60,000.00
32,500.00
92,500.00
1,200,000.00 110,000.00
22,500.00
132,500.00
1,116,129.03 60,000.00
-
60,000.00
1,116,129.03 50,000.00
-
50,000.00
-
140,714.29
30,000.00
170,714.29
1,200,000.00 328,666.67 146,250.00
474,916.67
383,870.97
-
-
-
383,870.97
-
-
-
383,870.97
-
-
-
700,000.00
-
-
-
448,387.10 200,714.29
2,000.00
202,714.29
18,299,827.18 8,911,063.01 2,463,000.00 11,374,063.01

1,588,824.88
1,426,428.57
968,807.60
1,322,500.00
1,310,000.00
1,292,500.00
1,332,500.00
1,176,129.03
1,166,129.03
170,714.29
1,674,916.67
383,870.97
383,870.97
383,870.97
700,000.00
651,101.39
29,673,890.19

- 2549 2550 2549 26 2550

. 30 .. 50 14
3 . .
3 1 .

Committee members who completed their terms or resigned
{105}
2550

Name
Bonus* Attendance Attendance
Total
Total

fees
fees
Attendance Remunerations

Committee Subcommittee Fees
1.
Mr. Srisuk Chandrangsu
1,488,824.88 87,500.00
12,500.00 100,000.00 1,588,824.88
2.
Mr. Somchai Wongsawasdi
1,333,928.57 67,500.00
25,000.00 92,500.00 1,426,428.57
3.
Air Chief Marshal Chalit Pukpasuk 912,557.60 56,250.00
-
56,250.00
968,807.60
4.
Mr. Chaikasem Nitisiri
1,200,000.00 100,000.00
22,500.00 122,500.00 1,322,500.00
5.
Mr. Preecha Jarungidanan
1,200,000.00 110,000.00
-
110,000.00 1,310,000.00
6.
Mr. Worasak Kanoknukulchai
1,200,000.00 60,000.00
32,500.00 92,500.00 1,292,500.00
7.
Captain Utsah Borisut
1,200,000.00 110,000.00
22,500.00 132,500.00 1,332,500.00
8.
Mrs. Soithip Traisuddhi
1,116,129.03 60,000.00
-
60,000.00 1,176,129.03
9.
General Wichit Yathip
1,116,129.03 50,000.00
-
50,000.00 1,166,129.03
-
140,714.29
30,000.00 170,714.29
170,714.29
11. Mr. Areepong Poochaum
1,200,000.00 328,666.67
146,250.00 474,916.67 1,674,916.67
12. Police General Thawatchai Phailee 383,870.97
-
-
-
383,870.97
13. Mr. Suthep Suebsantiwongse
383,870.97
-
-
-
383,870.97
14. Mr. Therdsak Setthamanop
383,870.97
-
-
-
383,870.97
15. Mr. Bancha Pattanaporn
700,000.00
-
-
-
700,000.00
16. Mr. Chotisak Asapaviriya
448,387.10 200,714.29
2,000.00 202,714.29
651,101.39

Total
18,299,827.18 8,911,063.01 2,463,000.00 11,374,063.01 29,673,890.19

Remarks

* The bonus was the bonus payment for fiscal year 2006 paid in fiscal year 2007 according to the resolution of
shareholders in the annual meeting (fiscal year 2006) on 26 January 2007

The AOT board is of a size suitable for its business scope. Currently on 30 September 2007 it is composed of 14
members, 3 of whom are independent directors as required by the AOT regulations. One of the 3 is Mr. Nonthapol
Nimsomboon, who was appointed by the AOT board to the post of Audit Committee chairman due to his expertise in
accounting and finance.
()
{106}
ANNUAL REPORT 2007
. .
(...) (.)
1. 1 .
2.
.
2
3. //
.

4. .

. .

1. . 5 15
3
1
2.

(1)
(2)
(3)

Definition of an independent director
The AOT board, at the initiative of the Good Governance Committee, defines an independent director more strictly
than the Securities and Exchange Commission (SEC) and the Stock of Exchange of Thailand (SET). According to
the definition, an independent director:
The Structure and appointment of the AOT board
{107}
1. The AOT board is composed of no less than 5 and no more than 15 members, elected through voting at
a general meeting of shareholders. Of this number, no less than 3 are independent directors and no less than half must
reside in Thailand. The directors must have the qualifications required by law and these regulations, and at least one must
be experienced in accounting and finance.
2. Shareholders at a general meeting observe the following rules when voting for directors upon the nomination and
recommendation of the AOT board.
2550
1. holds not more than 1 percent of the total voting shares of AOT, affiliated or joint-stock companies or any legal
entity that may have conflicts of interest.
2. does not have any role in AOT management. He/she is not an employee, staff member or salaried advisor on
such matters as auditing, legal affairs, or any other matter; nor does he/she have management responsibilities in AOT or any
affiliated or joint-venture companies that may represent a conflict of interest, or a have a stake in AOT for at least the past
two years.
3. must not have any business relationship with AOT, whether as a customer, partner, creditor/debtor; or hold
no stake-- whether directly or indirectly-in the financial and administrative matters of AOT, affiliated, or joint-stock
companies, or any legal entity whose interests are likely to compromise the directors independence.
4. is not a close relative of or related to an executive, or a major shareholder of AOT, affiliated or joint-stock
companies or legal entity whose interests may compromise their independence.

The structure, nomination, appointment, removal or retirement of an AOT board member, as stipulated in the AOT
regulations, are summarized as follows:
(1) Each shareholder is entitled to the number of votes equivalent to the number of shares he/she holds in
the company.
(2) Each shareholder may or may not cast all his/her votes.
(3) The individuals receiving the most votes shall be elected to the board in the number required or to be elected
at such a meeting. In the event that two or more individuals receive an equal number of votes and the number of directors
exceeds the positions required, the Chairman of the meeting shall cast the deciding vote, up to the maximum number of
directors to be chosen in the election.
()
{108}
ANNUAL REPORT 2007

. .

.

.
.
.
The AOT board is authorized to oversee the business of AOT, ensure that operations comply with the law,
the companys goals, and the resolutions of the shareholders meetings, observe business ethics, and represent the best
interests of the company and its shareholders.
Power of the President

In accordance with AOTs articles of association, the President is authorized to oversee the companys
management, strictly adhere to the plans and budget approved by the Board of Directors, and ensure that the interests of
the company and its shareholders are upheld to the best of his/her ability. Also included in Presidents responsibilities are:

1. Implement and/or manage day-to-day business
2. Employ, appoint, remove, transfer, promote, demote, dock pay and wages, impose disciplinary action, and dismiss
employees in accordance with AOT regulations. In the event that the employee in question is an executive or equivalent,
prior approval of the AOT Board is required.
3. Work out AOTs business policy, plan and budget and submit them to the AOT board for approval and keep the
board informed of the progress made in carrying out the approved plans and budget.

4. Implement and/or carry out the policy, plans and budget approved by the AOT board.

5. Formulate regulations concerning AOT performance
2550
Power of the AOT board
{109}

1. / .

2.
.
.
3. .

4. /

5. .
()

. 19/2549 23 2549 5

1.
2.
3.
4.
5.

()

()

16/16
14/16
13/16
15/16
9/16
{110}
ANNUAL REPORT 2007

1. .
2. . (Internal Control) (Risk Management)
(Internal Audit)
3. .
.
4. .

5. .

6. .

7. .
(Audit Committee Charter) .
Audit Committee

In compliance with the Securities and Securities Market Act, the AOT Board of Directors approved, at the 19/2549
meeting on 23 November 2006, the appointment of 5 people to its Audit Committee as follows:

Name
Position
Meeting Attendance Record

Chairman (independent director)
16/16

2. Kampree Kaocharern
member
14/16

member
13/16

4. Mr. Yodyiam Teptaranon
member (independent director)
15/16

member
9/16

Remarks
The Chairman of the Audit Committee specializes in accounting and finance and the Director of the Auditing Office
will serve as the secretary to the Audit Committee.

The Audit Committees duties and responsibilities are as follows:
2550

1. Ensure that the financial report contains accurate and sufficient information.
2. Ensure that risk management and internal audit in the Internal Control System are properly and effectively
implemented.
3. Ensure that AOT observes the law on securities and the securities market, the stock exchange, and laws relating
to the business of AOT.
4. Nominate people and recommend remuneration for the AOT auditor if an AOT auditor other than the auditor from
the Auditor General Office is deemed necessary.
5. Ensure that the AOTs disclosure of information on related transactions or transactions that may represent
a conflict of interest is complete and accurate.
6. Prepare a report on Audit Committee corporate governance signed by the committee chairman to be published in
the AOT annual report.
7. Carry out any other assignment from the AOT board with the approval of the Audit Committee. The Audit
Committee Charter needs to be drafted first before it is submitted to the AOT board for approval.
{111}
Scope of Duties and Responsibilities
()
. 19/2549 23 2549 28/2550 20

2550 . 4
29 2550

()

1.

8/8

2.

6/8

3.

1/1

4.

1/1

29 2550
20 2550

{112}
ANNUAL REPORT 2007
. 19/2549 23 2549 6/2550 8 2550

. 3

1.

2.

3.

4.

()
3/3
3/3
2/3
0/3
.
2 2550 ()
() 4 2550
Nomination Committee
At the 28/2550 meeting on 20th September 2007, the AOT board approved the appointment of new members to
the Nomination Committee, a 4-member body, one being an independent director. A replacement was also approved for
a member who resigned from the Board on 29th June 2007.

Name
Position

Chairman
8/8

2. Air Chief Marshal Ittaporn subhawong
Member
6/8

Member
1/1

Member
1/1

Remark
Mrs. Danucha Yindeepit replaced Mr. Areepong Poochaum, who resigned on 29 June 2007. Mr. Nonthapol
Nimsomboon, independent director, was added to the Nomination Committee on 20 September 2007. The AOTs secretary
will serve as the Secretary to the Nomination Committee while the Director of AOTs Secretariat will serve as the Assistant
Secretary to the Committee.

The Nomination Committee is responsible for using transparent criteria to recommend new Board members for
election by the AOT board and shareholders.

The 19/2549 AOT board meeting on 23 November 2006 approved the appointment of members to the Remuneration
Committee, a 3-member body, one being an independent director. Also the 30/2550 AOT board meeting on 4th October 2007
approved the replacement of the member who resigned from the AOT board on 2nd February 2007.
The Remuneration Committee consists of the following:
Name

2. Air Chief Marshal Narongsak Sangapong
4. Mr. Chirmsak Pinthong
Remarks
Position
Chariman
Member
Member
Member

3/3
3/3
2/3
0/3

The AOT Board of Directors has appointed Mr. Chermsak Pinthong as a member of the Remuneration Committee to replace Mr. Warakorn Samkoset, who resigned on 2 February 2007. The AOT Vice CEO for Planning and Finance
will serve as the Secretary to the Remuneration Committee and AOT Assistant CEO will serve as the Assistant Secretary
to the Remuneration Committee.
2550
Remuneration Committee
{113}
()

1.

.

.

2.
.

1. Review the criteria and procedures for
determining remuneration and benefits for members of
committees and sub-committees as well as working
groups appointed by the AOT board, and ensure that they
are fair, reasonable and compatible with those offered by
industries of the same nature. These criteria and
procedures will be submitted to the AOT board, who
will forward it to the general meeting of shareholders
for approval.

2. Determine remuneration and benefits for other
matters as assigned by the AOT board.

{114}
ANNUAL REPORT 2007

. 3

() (
)

The Remuneration Committees duties and
responsibilities are as follows:
The Committees Self-Evaluation

The AOT board has 3 forms of self-evaluation:
entire committee evaluation, individual self-evaluation,
and cross evaluation (evaluating others) using the form
approved by the Ministry of Finance. This is to give
committees an opportunity to review their past performance,
identify problems, and analyze findings for the purpose of
evaluating committee members and suggesting improvements.
{115}
2550
()
{116}
ANNUAL REPORT 2007
.

()

. . (
) .

1.
2.
3.
4.
5.

()

1.
60

2. 28.50

3.
9

4.
10

5.
5
6.
10
7.
10

8.
4.94
()
.
. ( )

.
.
( )
. ( )
. ( )

. ( )

. ( )

. ( )

-
-
. ( )
.
( )
. ( )

Related Party Transactions
AOT holds various stakes in a number of businesses, including the Suvarnabhumi Airport Hotel, Thai Airport Ground
Services Co., Ltd. , the Don Mueang International Airport Hotel, Airport Duty Free Co., Ltd. , Krua Kan Bin Phuket, King
Power Duty Free Co., Ltd. , Airport Associate Co., Ltd. , Bangkok Aviation Fuel Services Plc. Co., Ltd. , and Thai Aviation
Fuel Co., Ltd. , AOT has also entered into agreements with companies authorized to undertake airport-related activities.
These include duty free shopping, storage services, hotels, and refueling services. These companies pay a share of their
revenues or a fixed minimum guarantees to AOT, depending on which is higher. AOT also has agreements with other
parties to conduct business at or near AOT airports. These include:

1. Suvarnabhumi Airport Hotel Co., Ltd.

2. King Power Duty Free Co., Ltd.

3. Thai Airport Ground Services Co., Ltd.

4. Bangkok Aviation Fuel Services, Plc.

5. Thai Aviation Fuel Co., Ltd.
{117}
Transactions with Related Companies or Partners

Related Company
Ownership %
1. Suvarnabhumi Airport Hotel Co., Ltd.
60

2. Thai Airport Ground Services Co., Ltd.
28.5

3. Don Mueang International Airport Hotel Co., Ltd. 9

4. Krua Kan Bin Phuket Co., Ltd.
10

5. King Power Duty Free Co., Ltd.
5
6. Airport Associate Co., Ltd.
10
7. Thai Aviation Fuel Co., Ltd.
10

8. Bangkok Aviation Fuel Services Plc.
4.94

AOT Representative
AOT Chairman (General Saprang Kalayanamitra) is
chairman of the companys board of director,
Chairman of the consultants to chairman of the
AOT board of directors and chairman of the
consultants to the AOT board of directors (Admiral
Bannawit Kengrian), Member of AOT board of
directors (Mr. Yodyiam Teptaranon), and an AOT
executive (Ms. Kulya Pakakrong) are on the
companys board of directer.
AOT executives (Flight Lieutenant Pinit Saraithong and
Flying Officer Anirut Thanomkulbutra) are company
directors.
AOT executive (Flying Officer Ploy Peebua) is a company
director.
AOT executive (Flying Officer Anirut Thanomkulbutra)
serves on the board of directors.
-
-
AOT executive (Mr. Serirat Prasutanond) is company
chairman, and AOT executive (Flight Lieutenant Viwat
Smarnrug) is on the board of directors.
AOT executive (Mrs. Kulya Pakakrong) is on the companys
board of directors.
2550
()
{118}
ANNUAL REPORT 2007
{119}
2550

Suvarnabhumi Airport & Don Mueang International Airport
()
98,547
114,315
182,157
192,929
265,122
175,540
89,582
59,722
73,600
135,808
159,160
195,530
193,314
135,309
55,259
58,005
131,874
176,895
122,497
166,029
54,398
80,000
49,190
120,000
115,265
50,541
160,000
116,839
165,806
200,000
187,133
240,000
232,760
280,000
280,704
320,000
307,244

Aircraft Movements

Movements
40,000
2541
1998
2542
1999
2543
2544
2000
2001

International
2545
2002

Domestic
2549
2006
2545
2002
2546
2003
2547
2004

International

Domestic

Direct Transit
45,123,945
30,999,402
42,360,678
2549
2006
2550
2007 Fiscal Year

Total Passengers
1,198,120
1,137,605
1,061,744
1,029,568
978,336
941,676
894,315
930,770
881,858
849,815
801,076
811,389
778,645
737,114
690,278
1,000,000
730,338
1,200,000
856,200
1,400,000
1,119,433

Cargo Volumes

Tonnes
800,000
29,276,672
2548
2005
1,702,173
2544
2001
Fiscal Year
12,422,370
2543
2000
1,824,206
2542
1999
1,766,191
9,513,767
1,763,794
2541
1998
10,000,000
2550
2007
11,259,800
26,622,474
7,157,451
1,518,052
15,000,000
10,500,564
7,244,648
1,676,669
25,086,445
7,492,264
1,886,113
20,999,349
29,674,852
31,205,692
22,284,375
30,985,938
7,182,761
1,770,184
21,607,561
6,810,909
1,590,177
20,101,314
5,000,000
6,681,611
1,941,677
20,000,000
26,847,924
25,000,000
16,384,815
30,000,000
18,446,838
25,008,103
35,000,000
29,054,259
40,000,000
36,364,006
45,000,000
38,889,229
50,000,000
2541
1998
2542
2543
1999
2000

International
2544
2001
2545
2002

Domestic
55,926
60,515
57,689
51,232
47,361
48,912
48,739
200,000
41,531
400,000
44,811
600,000
40,060
ANNUAL REPORT 2007
2547
2548
2004
2005

Total Aircraft Movements

Number of Passengers

Passengers
{120}
2546
2003
1,207,970
1,152,044
2546
2547
2548
2549
2550
2003
2004
2005
2006
2007
()
Cargo Volumes (Freight + Mail) Excluding Transit

Fiscal Year


Aircraft Movements

Movements
2541
1998
2542
1999
2545
2002

Domestic
2546
2003
24,469
2547
2548
2004
2005

5,058
4,884
5,690
21,650
18,779
17,478
22,362
20,214
5,487
3,995
2,489
1,768
2543
2544
2000
2001

International
2549
2006
2550
2007
Fiscal Year
3,019,687
3,078,156
2,748,077
3,011,917
2,757,255
2,408,752
2,001,541
1,808,850
2,078,923
1,938,948
2,248,768
2,123,198
2,084,524
2,111,595
2,019,510
2,000,000
2,051,873
2,500,000
2550
1,948,854
3,000,000
2,208,129
3,500,000
2,663,990
4,000,000
{121}


Passengers
3,370,690
1,868
5,000
1,538
2,011
10,000
14,727
11,779
15,774
13,694
16,183
13,589
15,357
15,000
13,996
15,864
13,122
15,133
20,000
14,658
16,196
25,000
26,708
30,000
2541
1998
2543
2000
2545
2002

Domestic
2548
2005
27,565
323,438
34,407
295,672
59,049
195,613
68,258
43,666
186,980
2547
2004

Direct Transit

2550
2007 Fiscal Year
2549
2006

Total Passengers
23,122
23,429
25,714
26,009
23,707
24,376
24,051
24,758
23,960
24,336
23,751
24,129
17,318
17,440
16,664
16,776
25,000
21,598
21,945
30,000
15,000
2546
2003

Cargo Volumes

Tonnes
20,000
149,025
32,436
107,539
2544
2001

International
22,837
102,751
32,536
91,069
23,400
2542
1999
24,236
24,917
68,685
500,000
23,106
1,000,000
79,913
1,500,000
2544
2001
2545
2002

Domestic
307
295
669
707
2542
2543
1999
2000

International
376
2541
1998
378
122
112
5,000
347
10,000
2546
2547
2548
2549
2550
2003
2004
2005
2006
2007
()

Fiscal Year

()

Aircraft Movements

Movements
2543
2544
2000
2001

International
2545
2546
2002
2003

Domestic
2543
2000
10,753
11,748
2550
2007
Fiscal Year
1,335,679
1,240,569
1,293,268
1,157,247
1,287,477
1,137,544
1,009,640
907,820
2547
2004
2548
2005

Direct Transit
94,454
656
1,841
134,180
147,046
8,097
93,723
718,621
5,720
615,739
97,162
5,507
627,605
128,387
761,499
2546
2003

2550
2007 Fiscal Year
2549
2006

Total Passengers

Cargo Volumes
10,141
10,141
10,931
10,957
9,170
9,351
10,000
9,240
9,385
11,752
11,973
14,172
14,435
11,543
11,865
12,205
12,653
12,492
13,261
16,000
12,000
2545
2002

Domestic

Tonnes
14,000
824,186
2544
2001

International
7,698
668,635
147,853
2542
1999
7,826
2541
1998
665,094
820,151
6,262
1,904
{122}
200,000
215,262
204,424
600,000
200,729
596,743
800,000
598,627
1,000,000
803,071
1,200,000
873,649
1,400,000
2,887
ANNUAL REPORT 2007
1,600,000
995
1,260
2548
2549
2005
2006



Passengers
400,000
9,272
10,532
9,350
11,132
1,782
2547
2004
10,335
10,338
1,252
2,000

6,532
7,784
5,590
3,976
4,513
4,413
2542
1999
8,926
9,982
6,067
4,748
2541
1998
1,614
4,000
4,316
4,176
6,000
4,457
5,074
8,000
5,184
4,798
10,000
8,492
9,531
12,000
10,815
14,000
8,000
6,000
2541
1998
2544
2001
2545
2002

Domestic
26
221
263
322
2542
2543
1999
2000

International
145
181
448
2,000
769
4,000
2546
2547
2548
2549
2550
2003
2004
2005
2006
2007
()

Fiscal Year


Aircraft Movements

Movements
38,368
45,000
22,129
26,803
16,239
12,687
16,304
2543
2544
2000
2001

International
11,468
15,335
2542
1999
14,822
14,995
2541
1998
24,301
22,911
11,845
12,456
11,515
11,309
12,028
10,883
12,528
12,842
22,824
11,709
8,910
10,000
10,058
10,366
20,000
15,000
20,619
20,424
25,000
25,370
30,000
29,817
35,000
28,991
40,000
5,000
0
2545
2002
2546
2003

Domestic
2547
2004
2548
2549
2005
2006


51,408
77,201
49,387
25,890
2541
1998
2542
1999
2543
2000
2544
2001
2545
2002
2546
2003
2547
2004
2548
2005
2549
2006

International

Domestic

Direct Transit
16,733
38,894
1,065,607
1,519,959
2,038,965
2,922,133
3,472,652
2,357,658
3,422,439
4,522,098
1,832,505
2,612,392
63,095
1,359,380
2,050,922
3,461,710
3,558,908
1,311,594
2,208,420
2,245,100
1,371,115
2,125,282
1,242,359
1,080,787
2,036,944
3,679,310
3,455,233
3,200,534
3,018,230
87,592
82,803
60,123
1,000,000
2,025,330
2,000,000
932,777
3,000,000
2550
4,000,000
4,467982
6,000,000
5,000,000
Fiscal Year
{123}

Passengers
2550
2007
5,478,137

2550
2007 Fiscal Year

Total Passengers

Cargo Volumes

Tonnes
2541
1998
2542
2543
1999
2000

International
2544
2001
2545
2002

Domestic
17,498
13,338
13,584
16,274
16,822
12,135
4,160
2,690
4,687
7,066
12,841
15,942
4,900
11,042
15,592
10,341
5,251
5,077
8,669
13,746
16,433
11,215
9,771
15,142
5,218
5,000
5,371
10,000
5,363
7,679
15,000
13,042
20,000
19,907
25,000
2546
2547
2548
2549
2550
2003
2004
2005
2006
2007
()
Fiscal Year

()
4,913
4,927
4,845
4,869
3,695
3,710
4,844
4,852
4,798
4,800
3,885
4,311
4,000
3,867
3,867
5,000
5,008
5,343
6,000
5,646
5,659
7,000
6,210
6,232

Aircraft Movements

Movements
3,000
2541
1998
2545
2546
2002
2003

Domestic
2550
2007
Fiscal Year
711,662
711,468
696,492
696,395
677,407
676,532
554,364
552,330
417,345
400,000
414,966
476,524
467,315
556,677
556,671
560,152
540,389
519,423
527,440
500,000
527,038
700,000
575,565
800,000
600,000
22
13
14
2547
2548
2549
2004
2005
2006



Passengers
ANNUAL REPORT 2007
24
2543
2544
2000
2001

International
15
2542
1999
335
1,000
426
2,000
300,000

International
2544
2001
2545
2002

Domestic
2546
2003
2547
2004

Direct Transit
2548
2005
2549
2006
31
163
75
22
444
431
1,748
286
2543
2000
2,118
2542
1999
209
2541
1998
2,163
13,250
19,186
402
100,000

2550
2007 Fiscal Year

Total Passengers

Cargo Volumes

Tonnes
4,698
4,698
5,070
5,070
4,879
4,879
2,909
2,909
3,000
2,913
2,920
4,000
4,238
4,238
4,231
4,264
5,000
4,097
4,097
5,075
5,075
6,000
2,659
2,659
2,000
1,000

33
{124}
200,000
2541
1998
2542
2543
1999
2000

International
2544
2001
2545
2002

Domestic
2546
2547
2548
2549
2550
2003
2004
2005
2006
2007
()
Fiscal Year
.
AOTs Air Traffic Statistics
.
390,300
390,300 Movements

267,555
SUVARNABHUMI
267,555 Movements

6,232
CHIANG RAI
6,232 Movements

38,368
PHUKET
38,368 Movements

3,188,950
DON MUEANG
3,188,950 Passengers

711,662
CHIANG RAI
711,662 Passengers

3,370,690
1,335,679
5,478,137
CHIANG MAI
HAT
YAI
PHUKET
5,478,137 Passengers 1,335,679 Passengers 3,370,690 Passengers
() .
1,261,947
Cargo Volumes (Freight & Mail) Excluding Transit
1,261,947 Tonnes

2,909
CHIANG RAI
2,909 Tonnes

17,498
PHUKET
17,498 Tonnes

1,191,858
SUVARNABHUMI
1,191,858 Tonnes

16,112
DON MUEANG
16,112 Tonnes
23,429
10,141
CHIANG MAI
HAT YAI
23,429 Tonnes
10,141 Tonnes
2550

41,934,995
SUVARNABHUMI
41,934,995 Passengers
{125}
.
56,020,113
Total Number of Passengers
56,020,113

39,689
DON MUEANG
39,689 Movements

26,708
11,748
CHIANG MAI
HAT YAI
26,708 Movements
11,748 Movements
()
{126}
ANNUAL REPORT 2007
{127}
2550
()
{128}
ANNUAL REPORT 2007
Moving Flights Back to Don Mueang International Airport

(.) 6 2550 (.)
(.) 20 2550 .
. (.)
. Low Cost Carriers

25 2550 3 . . .
1
3 .
Thai Airways International, Nok Air One-Two-Go 13

.

1.

. 2550
160 170 / 16,000 18,000 /
- 2550
1
1. .. .. 50

.. 50

. 2
8,774
7,862
7,704
4,653
4,434
4,233
4,710
5,136
4,690
1,328
1,151
2,841
5,314
4,923
4,767
4,962
4,809
4,618
.. 50
.. 50
.. 50
.. 50
.. 50
.. 50
.. 50
.. 50
9 52,196
34,713
( : .)
10,102
9,013
10,545
9,967
9,357
9,000
9,672
9,945
9,308
86,909
15.4%
15.1%
20.1%
11.5%
18.9%
21.4%
16.7%
13.2%
13.7%
1,215,728
1,018,065
932,478
522,903
445,907
429,402
518,565
564,714
477,188

. 2
408
397
123,230
550,986
474,799
428,427
524,395
580,251
493,490
1,216,136
1,018,462
1,055,708
1,073,889
920,706
857,829
1,042,960
1,144,965
970,678
%
12.1%
8.0%
6.0%
5.5%
5.2%
9.2%
13.9%
15.3%
23.2%
16.1% 6,124,950 3,176,383 9,301,333 10.8%
Jan 07
BKK
8,774
Feb 07
7,862
Mar 07
7,704
Apr 07
4,653
May 07
4,434
Jun 07
4,233
Jul 07
4,710
Aug 07
5,136
Sep 07
4,690
Total 9 Mos. 52,196
Domestic flights
DMK
Total
1,328
1,151
2,841
5,314
4,923
4,767
4,962
4,809
4,618
34,713
10,102
9,013
10,545
9,967
9,357
9,000
9,672
9,945
9,308
86,909
BKK
15.4%
15.1%
20.1%
11.5%
18.9%
21.4%
16.7%
13.2%
13.7%
1,215,728
1,018,065
932,478
522,903
445,907
429,402
518,565
564,714
477,188
Domestic passengers
DMK
Total
408
397
123,230
550,986
474,799
428,427
524,395
580,251
493,490
1,216,136
1,018,462
1,055,708
1,073,889
920,706
857,829
1,042,960
1,144,965
970,678
%
12.1%
8.0%
6.0%
5.5%
5.2%
9.2%
13.9%
15.3%
23.2%
16.1% 6,124,950 3,176,383 9,301,333 10.8%
2550
{129}

On February 6, 2007, the Cabinet approved a resolution to reuse Don Mueang as an international airport, operating
concurrently with Suvarnabhumi Airport. The Cabinet passed a further resolution on February 20, specifying that initially only
domestic flights with no international connections would fly into and out of Don Mueang on a voluntary basis. Ministry of
transport was also assigned to study the feasibility of using Don Mueang International Airport for international flights and
low-cost carriers in the future.

On March 25, 2007, three airlines resumed domestic flights into and out of Don Mueang, with AOT officially reopening
the domestic passenger terminal. The international terminal continued to be used for non-scheduled international and
charter flights. The three domestic carriers who agreed to operate at Don Mueang were Thai Airways International, Nok Air
and One-Two-Go, with scheduled flights to 13 destinations: Chiang Mai, Chiang Rai, Pisanulok, Loei, Khon Kaen, Ubol
Ratchathani, Udorn Thani, Phuket, Trang, Had Yai, Surat Thani, Krabi, and Nakorn Sri Thammarat. Air traffic volume at Don
Mueang is shown in the table below:

1. Overall Air Traffic Volume

In the period from April to September 2007, combined air traffic volume for the three domestic airlines operating at
Don Mueang was between 160 and 170 take-offs and landings and approximately 16,000-18,000 passengers per day.
Overall air traffic volume in Bangkok for this period was higher than in the same period one year before. Details appear
in the table below:
()
{130}
ANNUAL REPORT 2007

2. . .

.
. .

-

- .
100%
47%

- .
-
53%

- .
100%
50%

- .
-
50%

2. Proportion of Flights between Don Mueang and Suvarnabhumi Airports

International
Domestic

market share
market share
80%
20%
87%
13%
Total
market share
Take-offs and landings
SA
DM
100%
-
47%
53%
80%
20%
100%
-
50%
50%
87%
13%
Number of passengers
SA
DM
{131}
2550
()

New Activities
{132}
ANNUAL REPORT 2007

.

(.) .
.

1.

. (Free Zone) . .
Value Added (IT)

. 660,573
549,327 111,246 3
Free Zone .
()
/ Free Zone
Value Added (Relabeling)
(Repackaging)

Value Added Free Zone
Free Zone . IT
Free Zone EDI
.
Free Zone IT Free Zone Value Added
.
{133}
2550

AOT has launched a number of new projects both inside and outside the passenger terminal at Suvarnabhumi
Airport to be managed by state enterprises and private-sector agencies. AOT looks for businesses with experience and
expertise and that are in good financial standing to operate these new ventures. AOT is responsible for ensuring that the
prices of goods and services are fair and reasonable and that they are of good quality. New facilities introduced at
Suvarnabhumi Airport in the past year are:

1. Free Zone

AOT has set up a new free zone at Suvarnabhumi Airport to ensure that the cargo logistics at the airport are
modern, fast and convenient and to promote value added activities. The latest IT has been installed to speed up customs
procedures and to efficiently control the movement of imported and exported goods.

The new free zone is located in the northeastern sector of the airport, covers an area of 660,573 square meters
divide to free tax area 549,327 square meters and supported area 111,246 square meters and can accommodate 3 tons of
goods. The area is managed by Thai Airport Services Co.Ltd., while Thai Airways International and Worldwide Flight
Services were allowed to operate cargo terminals. In addition, other freight forwarders are permitted to rent storage space
in the free zone to do value added activities, including assembling new goods, relabeling, and repackaging.

In all cases, freight forwarding pay no taxes until the goods are moved out of the free zone and brought into
the country. It is only at this point that the goods pass through customs where duty is assessed. AOT also installed a new
IT system in the free zone to link information between various government and private-sector organizations. The Customs
Department uses EDI to link information and expedite customs procedures at Suvarnabhumi Airport. In brief, then, the new
free zone and the newly installed IT system help private businesses to add value to locally produced goods that are then
exported abroad, while they also contribute to making Suvarnabhumi Airport a leading logistic center in Asia.
()
{134}
ANNUAL REPORT 2007

2.

. . .
(DCAP) . () (.)

.

3.

. .

3.1 ., ,
(Retail Area), (Shuttle Bus)

3.2 . . (Airport
Express) Taxi

3.3 AOT Limousine 380

3.4 . . () ()
.

3.5 . 4 AVIS, Hertz, Budget

4.

600 11
. () ()

NOVOTEL

2. District Cooling System and Power Plant
{135}
2550

This is an efficient, energy-saving system that uses excess power to produce cool water which circulates through
the air conditioning system in the passenger terminal and the AOT offices. AOT has agreed in principle to allow District
Cooling and Power Plant (DCAP), a joint venture between PTT, EGAT and the MEA, to construct the power plant, produce
and sell electricity to the airport, and produce cool water for the air-conditioning system in the passenger terminal and the
AOT offices.

3. Bus Terminal

AOT allocated the area in the northeastern sector of Suvarnabhumi Airport to be a public bus terminal divided into
the following zones:

3.1 Bus Terminal Offices, consisting of AOT offices, bus ticket counters, a retail area, bus bays, and parking for
shuttles and other buses.

3.2 Parking for buses and other public vehicles, specifically regular passenger buses, airport express buses, airconditioned vans and taxis.

3.3 Parking for 300 AOT Limousines.

3.4 Refueling stations operated by PTT and Shell.

3.5 Car rental center. AOT has authorized four dealers to operate car rental services, namely Avis, Hertz, Budget
and the Association of Thai Rental Cars

4. Suvarnabhumi Airport Hotel

Suvarnabhumi Airport Hotel with 600 rooms is located in front of the parking garage on 11 rais of land. AOT, Thai
Airways International Plc.Co.Ltd. and Krung Thai Bank Plc.Co.Ltd. have set up a joint venture company called Suvarnabhumi
Airport Hotel Co., Ltd. to invest in the construction and management of the hotel. Universal Hospitality Joint Venture and the
Accor Group were selected to manage the hotel which operates under the name and logo of Novotel namely Novotel
Suvarnabhumi Hotel.
()
{136}
ANNUAL REPORT 2007
Human Resource Development

- (Competency)

2550

The role of AOT is to ensure that the airports
under its authority meet international standards of safety,
services and facilities. Therefore, to comply with the
International Civil Aviation Organization (ICAO) standards
and allow the countrys airports to compete effectively in
the global market, AOT recognizes the importance of
human resource development strategies intended to
enhance human performance and competency of staff
and to promote working attitudes, values and culture
appropriate to the aviation industry. These strategies, if
successfully implemented, will also give added value to
the organization. AOT also encourages staff to commit
themselves to a program of self-development which
improves their knowledge, skills and ethical awareness,
and enables them to meet the challenges of a rapidly
changing environment.

In 2007, in addition to providing support for
programs to raise knowledge, understanding and skills of
staff, AOT also adopted policies to promote growth and
enhance the organizations competitive edge. Some of
AOTs staff development programs over the past year
were:

- Provide staff at all levels with understanding of
organizational changes and AOTs goals and direction.
In this way, staff can set their own goals that are
appropriate to AOT strategies.

- Improved competency for AOT management to
prepare them for higher-level positions. The training
program, which includes Airport Manager Trainee and
{137}
(International Civil
Aviation Organization: ICAO)

(Human Performance Enhancement) (Competency) (Attitude)
(Value) (Culture)
(Aviation
Industry)
(Self Development)

2550
(Knowledge) (Understanding) (Skills)

.

()
{138}
ANNUAL REPORT 2007
(Leadership)
(Airport Manager Trainee),
Airport Management Executive Workshop

-
Airport Operations,
Airport Management
Aviation Security
Aerodrome Apron Control Officer,

,
, ,
Airport Information Systems (AIMS)

-
Airport Marketing, Airport Management Workshop

-

-
(Aviation Management)

-

Airport
Engineering, Airport Terminal Management, Airport
Operations

the Airport Management Executive Workshop, focuses on

business skills and leadership.

- AOT conducted training in airport operations
and airport management for staff at various levels.
Refresher courses were also held to ensure that AOT staff
continues to comply with standards. For example,
the aviation security course was conducted in conjunction
with ICAO experts. Others included courses for aerodrome
apron control officers, airport safety personnel, fire and
emergency rescue personnel, airport systems maintenance
staff, and airport information management systems (AIMS)
personnel. AOT also conducted a workshop on prevention
of bird hazard.

- Other training courses conducted over the past
year, such as airport marketing and airport management,
workshop focused on airport-related businesses.

- AOT employees at various levels were tested to
measure their skills and knowledge on airport and
aviation management. There is a system of incentives in
place to encourage AOT staff to take responsibility for
improving their own professional knowledge and skills.

- Scholarships are available for AOT personnel
wishing to pursue a masters degree in any of numerous
fields, especially aviation management.

- Staff at various levels took part in training
programs, workshops and study trips abroad to improve
their on-the-job performance. For instance, AOT staff
joined training courses in airport engineering, airport
terminal management, and airport operations in
Singapore. Others inspected security procedures at
airports in the United States.

In addition, AOT personnel took part in other
training programs in general management, foreign
language study, and good service. Some specific
examples include courses in working as a team,
strategic thinking, English, and service professionalism.
These programs are all intended to raise the performance
of AOT staff and help the organization achieve its stated
goals. AOTs human resource development programs in
2007 are summarized below:

1. Training/meetings/seminars/special lectures at
AOT

1.1 Programs/courses 92 programs

1.2 Number of participants 8,448
2550

2. Training/meetings/seminars/special lectures/
study trips to schools and businesses outside AOT


2.2 Number of participants 1,962

3. Training/meetings/seminars/special lectures/
study trips abroad


3.2 Number of participants 180
{139}

.

, ,

. 2550

1. ///
.

1.1 /
92

1.2 /
8,448

2. ////
.

2.1 /
354

2.2 /
1,962

3. ////

3.1 /
47

3.2 /
180
()
{140}
ANNUAL REPORT 2007
Environmental Management and Conservation

1.

.
Suvarnabhumi, Don Mueang, Chiang Mai, Chiang Rai,

Phuket and Had Yai. In all cases, AOT has introduced
measures to mitigate the environmental impact of
airport operations on communities nearby. These
measures comply with airport environmental policies
which were amended and put in place on June 20,
2006. At all six airports today there is a comprehensive
environmental management system, which includes
efficient waste water treatment and sanitary waste
disposal systems. Through strict compliance with
these measures for preventing and reducing environmental
impact, AOT-operated Chiang Rai Airport received the EIA
Monitoring Award from the Ministry of Natural Resources
and the Environment in 2006.

In conjunction with other government and privatesector agencies and members of the local communities,
AOT has set up a number of committees to oversee
implementation and enforcement of environmental policy.
These committees work to ensure that airport operations
comply with national law and international standards, and
attest to the transparency with which AOT operates.
2550

.
.

.
1. An Overview of Environmental Management

Six airports under AOTs supervision, are:
{141}

20 2549
6

EIA MONITORING AWARD
2549
()
{142}
ANNUAL REPORT 2007
2.

6
.
.

..2535

2. Monitoring of Compliance with Measures to

Reduce Environmental Impact and Inspection
of Environmental Quality

In operating its six airports, AOT may affect
environmental quality both inside and around the airport.
To minimize the impact, AOT employs environmental
advisors registered with the advisory databank of the
Finance Ministry and the Ministry of Natural Resources
and Environments Natural Resources and Environment
Policy and Planning Office to help in complying with
environmental measures. In keeping with the Environmental
Quality Act B.E. 2535 (1992), AOT carries out regular
inspections of environmental quality at its six airports
each year. The results of these inspections are widely
accepted by the various organizations concerned and by
members of local communities, and in most instances,
analysis shows that a majority of the indices fall within the
legal limits.

Key areas of environmental concern include
quality of surface water, ground water, and water from the
airport waste water treatment facilities; air quality and
noise pollution; marine ecology; land use; transport and
sewer facilities; flood prevention; waste disposal; health
and safety; scenic considerations and tourism; archeological sites, etc.

To ensure compliance with legal and international standards of environmental quality, AOT monitors
and inspects the following: air quality, noise levels and
vibrations, surface and ground water quality, treated waste
water quality, etc.
3.

2549

4. Efforts to Reduce Noise Levels at


Since Suvarnabhumi Airport first opened in
September 2006, there have been numerous complaints
from people affected by high noise levels even though,
prior to the opening, meetings were held with local
communities to explain the possible impact. Focus group
meetings took place, and community members were
taken to Don Mueang to hear actual noise levels around
the airport.
2550
4.

AOT supports environmental activities by other
organizations and the local communities living in
the
vicinity of its airports. For example, in August 2007, AOT
held a meeting with members of communities
near
Suvarnabhumi Airport at the Novotel Suvarnabhumi
Airport Hotel to discuss flood prevention measures in line
with His Majesty the Kings guidelines. Also in attendance
were representatives from Irrigation Department, BMA,
Samut Prakarn Provincial Authority, and units within AOT
responsible for drainage and sewage at Suvarnabhumi
Airport. The purpose was to identify ways of working
together to alleviate flooding problems in the area of the
airport. Local community members were also on hand to
offer recommendations. AOT also gave money to Lard
Krabang District and Bangpli district to assist communities
affected by flooding in 2007. These are only some of
AOTs efforts to build good relations with the local
community.

AOT has also launched an environmental awareness
program for young people to encourage them to reduce
energy use and protect the environment. Launched in
June 2007, the campaign also seeks to promote
a positive attitude toward Suvarnabhumi Airport among
M.1 students at area schools.
{143}

.

2550

.

.
2550
.

.

1
2550
3. Participation of Local Communities
()
{144}
ANNUAL REPORT 2007
envi-suvarnabhumi.com

.
(.)
(.)
(.) (.)

(
) (EIA)
10
2548
(INM MODEL)
(NOISE CONTOUR)
NEF (NOISE EXPOSURE FORECAST)

AOT set up an environmental coordinating center
to take complaints from members of the public who are
impacted by airport operations. Complaints may also be
submitted through the AOT website at www.envisuvarnabhumi.com.

Together with Department of Civil Aviation,
Aeronautical Radio of Thailand Co.ltd., Meteorology
Department, the Pollution Control Department, AOT has
worked out measures to reduce noise levels and lessen the
impact of noise on communities near Suvarnabhumi
Airport.

Guidelines for reducing noise levels around
the airport are mentioned very clearly in the report of the
study of Suvarnabhumi Airport Environmental Impact
Assessment (EIA) (necessitated by the increase in
passenger volume in the year the airport opened).
The impact report was approved by the National
Environment Board on March 10, 2005. A projection of
the impacted area was obtained using an INM Model and
a Noise Contour to determine the Noise Exposure
Forecast. Once this was done, measures were introduced
to counteract the impact where it was expected to be
most severe. First, AOT entered into negotiations to buy
houses and property. It also made modifications to other
buildings notably places of worship, schools and
hospitals to lessen the impact of noise from the airport
{145}
2550
()
.
AOT Safety Management
{146}
ANNUAL REPORT 2007

. 2

.
.. 2543 . .. 2541 12 6

(ICAO)

.
.
2550 2554 .

.
.
. .
6
(ICAO)

{147}
2550

Safety is AOTs number one concerns. Airport safety management that complies with local laws and international
safety standards gives passengers and AOT employees confidence and builds a positive image for the organization.

AOTs safety management program is two-pronged. One focus is on health, safety and environment in work place;
the other is on aviation safety. In the first case, AOT has taken measures to ensure the health and safety of its own
personnel and of the people who use AOT airports through its strict compliance with local laws, namely the State Enterprise
Labor Relations Act 2000 and the Labor Protection Act 1998, as well as 12 of Ministry of interior announcements and 6 of
Ministry of Labour announcements. Employees need to be protected from infectious diseases of Labour any unwarranted
risks while at work. With regard to aviation safety, AOT is committed to full compliance with ICAO standards which are
intended to protect passengers and staff and to instill confidence in AOT among internal and external agencies.

To ensure that both components of the AOT safety strategy are consistent and do what they are meant to do.
The Occupational Health and Safety Department has drawn up a safety master plan for the period from 2007-2011 to be
used by AOT airports as the guidelines for safety operations.

Because of its involvement in the air transportation business, AOT cannot underestimate the importance of ensuring
the safety of properties and lives of AOT personnel, operators, passengers, and all other stakeholders. If accidents occur,
the repercussions would affect AOTs operations and reputation. This is why AOT scrupulously inspects health and safety
procedures at all 6 airports under its authority. It makes regular inspections to make sure that the airports conform to ICAO
regulations, and if any irregularities are identified, AOT would take immediate action to remedy the situation.
()
{148}
ANNUAL REPORT 2007

.
2550

2550 .

2550
500
()
21
10 .

.

Health and Safety in the Workplace

AOT headquarters received the top award in the country for Health and Safety in the Workplace for
the year 2007.

{149}

With strong attempt to implement the, AOT policies regarding health and safety in workplace, and to ensure a full
compliance with the law, AOT Headquaters earned the award the countrys healthiest and safest workplace for 2007
among businesses having more than 500 employees. The award was presented by the Labor Welfare and Protection
Department of Labor Ministry, the Association to Promote Health and Safety in the Workplace (Thailand) and the Social
Security Bureau. The award presentation ceremony took place during the 21st organization of The Week of National Safety
at Work held at Challenger Hall 3, Impact Arena Muang Thong Thani, and was presided over by Deputy Prime Minister
Paibool Wattanasiritham. Accepting the award on behalf of AOT was Flying Officer Passakorn Surapipit, Technical Expert
Level 10 and acting director of the Occupational Heath & Safety Department.

The Occupational Health & Safety Department is responsible for formulating AOT health and safety policies for the
six airports under AOT supervision, and each year all six airports are entered in the competition for the national Health and
Safety in the Workplace Award.
2550
()
{150}
ANNUAL REPORT 2007

(BIRD STRIKE PREVENTION 2007)

.
(ICAO)
. 6

2550 (BIRD STRIKE PREVENTION
2007) .

.

{151}
Seminar: Bird Strike Prevention 2007

AOTs aviation safety policies and measures are in consistent with the regulations of the Department of Civil
Aviation and the specifications of the International Civil Aviation Organization (ICAO). Through its compliance with these
standards, AOT gains reputation for safety and reliability, that reassures the customers of the six airports under AOTs
authority.

In 2007, the Occupational Health & Safety Dept. conducted a seminar entitled Bird Strike Prevention 2007 at
Miracle Grand Hotel. Director General of the Department of Civil Aviation, Mr. Chaiyasak Angsuwan presided over the
opening ceremony. Senior experts were on hand to provide information to those who attended the seminar, which attests to
the seriousness of AOT on safety issues. Representatives from numerous government and private-sector organizations,
including the Royal Thai Air Force and the International Pilots Association, took part in the event. AOT hopes that the
seminar will help to raise safety standards even more efficiently.

All this shows AOTs commitment to strive for sustainable development of aviation safety through strict compliance
with all relevant laws and regulations.
2550
Aviation Safety
()

Airport Security Measures

.
.

(International
Civil Aviation Organization: ICAO)

.

{152}
ANNUAL REPORT 2007
1.
-

-

In drawing up security measures for Suvarnabhumi
Airport, AOT followed strictly the Airport Security Plan
which is in line with the national security plan as well
as the recommended practices of the International Civil
Aviation Organization (ICAO). These measures are
intended to protect airports, aircraft, facilities, passengers
and local employees from any unlawful interferences at
Suvarnabhumi Airport. Units assigned to take responsibilities
for inspecting and enforcing airport security measures
are as follows:

1. Security outside the passenger terminal

There are both proactive and reactive security
measures in place. Security officers are stationed
at entrances and exits to observe people entering and
leaving the parking area and the terminals. Anyone
entering a restricted area must wear an ID badge and is
subject to a body search. Vehicles must have a permit
and are also searched for weapons, explosives and
other hazardous materials that could be used in the
commission of a crime. Security patrol team is responsible
for patrolling the terminal and the area around the airport
and for controlling traffic into and out of the airport.

2. Security inside the Terminal
2.
3.

(Walk-through
Metal Detector) (Hand-held
Metal Detector) X-ray 1
2550 .
(.)

100 1
(Transparent re-sealable plastic bag)
1
3. Security screening of passengers and luggage

prior to boarding

Walk-through metal detectors, hand-held
detectors and x-ray machines are used to check
passengers and scan their belongings prior to boarding
the aircraft. As of June 1, 2007, Suvarnabhumi Airport has
complied with announcement of the Department of Civil
Aviation which restricts the types and quantities of liquids,
gels, sprays, and other similar chemical substances that
passengers may have with them in the cabin. Quantities
may not exceed 100 milliliters per item and must be
carried in a transparent re-sealable plastic bag with a
capacity of not more than 1 liter.
2550

-
-
Smart Card

(CCTV)

To ensure security inside the terminal, persons
entering and leaving the building must wear a smart card
ID and are subject to a body search. Security officers
inside the terminal observe for suspicious behavior with
the help of a CCTV system. Monitors constantly check for
unattended luggage.

{153}
()

.
Inline Screening System Computed tomography
X-ray (CTX)
Explosive trance detector (ETD)

Suvarnabhumi Airport has installed an inline
screening system with computed tomography x-ray
(CTX) technology to screen passenger luggage. This,
together with explosive trace detectors (ETD) is the most
advanced technology available for identifying explosive
devices. This is to prevent any unlawful acts i.e. taking
weapons, explosives and other potentially dangerous
materials on board the aircraft.

(Dangerous Goods)
.

.
-

Initially, operators must be responsible for
ensuring that goods, parcels and food items shipped by
air do not contain weapons or explosives. Then personnel
responsible for loading these items on board the aircraft
are carefully screened and inspected before they are
allowed to enter the airport parking facilities. In the case
of dangerous goods, operators must obtain permit from
AOT prior to entering the airport. Food items and the
vehicles in which they are transported are inspected by
AOT security officers before they may enter or leave the
airport parking area.
{154}
ANNUAL REPORT 2007

4. / /

5.

ICAO

4. Control of Goods/Parcels/Food Items

5. Security Inspection Measures

Regular checks are made to ensure security
procedures at Suvarnabhumi Airport that they comply with
ICAO guidelines. AOT security officers also work closely
with other security agencies, sharing technology and
news. There is an AOT program to raise the skills level of
security officers, so that they can deal with any situation
that arises and protect the airport, airport facilities, staff
and passengers.
{155}
2550
()
.
AOTs Charitable Contributions in fiscal Year 2007
2550 (..49-.. 50) (Oct. 2006 Aug. 2007)

.
10

1. 1,708,150.- :
{156}
ANNUAL REPORT 2007

.
/
-

2. 1,086,080.30.- :

.

/

E-LEARNING

3. 323,990.- :

.
/

4. 3,560,000.- :

. /
3 (. 399)
1,000,000.-
800,000.- 240,000.-
100,000.-
100,000.- 100,000.-
Objectives:

To sponsor an annual religious offering Kha-tin and to take part in other offerings and merit-making activities
organized
by other organizations, and to respond to requests for assistance from outside agencies. Approved budget: 10

million Baht. These funds are divided into different categories as follows:

1. Religion (1,708,150 Baht)

AOT contributes to uphold activities of Buddhism and other religions. It donates to the construction, renovation
and restoration of Buddhist and Muslim places of worship as well as contributes to support Buddhist activities and projects.
These include offerings to monks, sermons, and ordinations of new monks. AOT also takes part in activities on important
religious holidays.

2. Education (1,086,080 Baht)

AOT contributes to public health through donations in support of the construction and repair of hospital buildings,
the purchase of medical equipment, and assistance to the handicapped and the underprivileged. In donating to projects for the
poor and the handicapped, AOT was helps these people to enable them to take care of themselves and their families so
that they do not have to rely on government assistance. For example, AOT contributes to the Pra Mongkut Klao Hospital
Foundation under Royal Patronage, the Mahidol University Faculty of Dentistry Foundation, the Monks Hospital, the Thai
Red Cross, the Thai Handicapped Foundation, and Association for the Blind, the National Social Welfare Council and
various public welfare centers.

4. National Security and Emergency Relief (3,560,000 Baht)

AOT contributes to national security issues through its support for soldiers, police and the public in the three
southernmost provinces, and also assists people affected by natural disasters. For example, AOT joined with the National
Defense College in donating 1 million Baht for flood relief and contributed 800,000 Baht to provide basic help to people
living near Suvarnabhumi Airport and gave 240,000 Baht to the local administration in Angthong province for a floating
sanitation scheme. It donated 100,000 Baht to efforts to restore the peace in the border provinces in southern Thailand,
gave 100,000 Baht to the Peace through Unity project, and contributed another 100,000 Baht to the Foundation for
Morality.
2550

3. Medical Assistance to the Handicappedand the Underprivileged (323,990 Baht)
{157}

AOT provides support to children and young people through a number of education-related activities and projects. It
sponsors school lunch programs, offers scholarships and school supplies, donates books, and contributes to building and
renovation of classroom buildings, cafeterias, libraries, and sports facilities. AOT also sponsors anti-drug campaigns and
other efforts to encourage young people to grow up as good citizenship. It contributes to a number of royal scholarship
funds such as the Prince Mahidol Foundation and Bhatcharakittaya Fund for Law Studies, as well as to e-learning programs.
()
{158}
ANNUAL REPORT 2007
5. 1,865,968.-

. / /

100,000.- 100,000.- 320,000.-
3
1,000,000. - 50,000.-
5. Public Welfare and Charity (1,865,968 Baht)

AOT gave support to numerous activities/projects for the public good, including activities in honor of His Majesty
the King, and donated generously to royal charities. For example, AOT gave 100,000 Baht to the Foundation to Protect
Khao Yai National Park, 100,000 Baht to the Were Going to Be Good Citizens project, 320,000 Baht to the Chitralada
stores, 1 million Baht to special charity flights to bring medical and other assistance to people affected by flooding in the
three border provinces in southern Thailand. Finally, AOT also contributed 50,000 Baht to the Sai Jai Thai Foundation.
.
AOT Corporate Social Responsibility

1.

6
5 2542

AOT has been enthusiastic in support of efforts to
improve the countrys educational system, especially in
remote areas. In response to an initiative from Her Royal
Highness Princess Sirindhorn and as a show of loyalty to
the monarchy, AOT has contributed to the construction
of three border patrol police schools. And starting in
1999, AOT has made an annual donation of 150,000 Baht
to each of these three schools. Each year executives from
AOT visit the schools, inspect operations, and donate
educational materials and supplies to both students and
teachers.

The three border patrol police schools which
receive AOT support are:

1. The AOT Border Patrol Police School Commemorating
th
the 6 Cycle Birthday Anniversary of His Majesty the
King, December 5, B.E.2542 (1999)
2550

.
3
{159}

.

3
150,000.- (
) 2542
.

.
()

2 .. 43 1 6
4,000,000. - ()

2549 . 6 2,530,000.- (
)

2. 100

ANNUAL REPORT 2007

2550 .
424,353. - ()

3.
4 2 2546

25 .. 46 1 6
11,000,000.- ()
{160}

26 .. 44
1 6 4,000,000.- ()

2547 . 3 1,100,000.- (
)
2550

The school, located in Na Toh Village, Mae Salong Nai sub-district, Mae Fah Luang district of Chiang Rai province,
was officially opened on March 25, 2006, by Her Royal Highness Princess Sirindhorn. This is a secondary school for children
in grades M. 1 - 6, and 11 million Baht was allocated for its construction.

In 2004, AOT donated additional 1,100,000 million Baht for the construction of a new three-classroom building.
{161}

The school is located in Aijadar Village, Rue Soh District, Narathiwart Province. Her Royal Highness Princess Sirindhorn
presided over the official opening on February 2, 2000. This is a primary school for children in grades 1 - 6. A total of 4
million Baht was allocated for construction.

In 2006, AOT contributed 2,530,000 Baht for the construction of a new six classroom building.

2. The AOT Border Patrol Police School Comme-morating the 100th birthday Anniversary of Her Royal Highness the
Princess Mother

Located in Thavornpana Village, Kok Tum sub-district, Dong Luang district of Mukdaharn province, the school was
officially opened by Her Royal Highness Princess Sirindhorn on September 26, 2001. This is also a primary school for
children in grades 1 - 6, and again, a total of 4 million Baht was allocated for its construction.

In 2007, AOT donated 424,353 Baht to the school to build additional classrooms and a new cafeteria and to support
its field trip program.

3. The AOT Border Patrol Police School Commemorating the 4th Cycle Birthday Anniversary of Her Royal Highness
Princess Sirindhorn, April 2, B.E.2546 (2003)
()
{162}
ANNUAL REPORT 2007

80 5 2550 .

6 5 2542 150,000. () 3
3 50,000.- () ... ., ... .
... . 4 .. 50 . .
44 (..44)

In addition, as part of the celebrations marking the 80th birthday Anniversary of His Majesty the King on December
5, 2007, AOT executives and staff donated educational supplies and 150,000 Baht in cash to the AOT Border Patrol Police
School Commemorating the 6th Cycle Birthday Anniversary of His Majesty the King, December 5, B.E.2542 (1999) and an
additional 150,000 Baht to three border patrol police-sponsored schools in the three border provinces in southern Thailand.
These three schools Ban Pajomaeraw in Yala, Ban Deua Ngaw in Narathiwart, and Ban Peeraya Nukroh in Pattani
received the money at a presentation ceremony held at Had Yai Airport Conference Room in Songkhla province on July 4,
2007. All the schools are under the supervision of the Border Patrol Police Department.

2550

In light of the unrest in the South and the threat
it poses to the well-being of the local population and
to national security as a whole, AOT recognizes the need
of involvement of general public in resolving the
causes of the trouble and restoring peace. One of the
ways of achieving this is through support for
education. Therefore, on August 29, 2007, AOT Chairman
General Saprang Kalayanamitr and party presented a total
of 350,000 Baht to an additional 7 schools sponsored by
the Border Patrol Police which had not received previous
AOT support. Each of the schools - Tobacco Factory 2
in Yaha district, Yala; Nikom Pitak Rasadorn and
Sangwalwit Schools in Tharnto district, Yala; Chalerm
Prakiat School in Muang district, Yala; Ban La-oh in
Srisakorn district, Narathiwart; Ban Aibeutae in
Narathiwart, and Leenanonta School in Sukhirin district,
Narathiwart received 50,000 Baht. At the same time,
donations were made to The AOT Border Patrol Police
School Commemorating the 100th Birthday Anniversary of
Her Royal Highness the Princess Mother and to the AOT
Border Patrol Police School Commemorating the 4th
Cycle Birthday Anniversary of Her Royal Highness
Princess Sirindhorn, April 2, B.E.2546 (2003).
{163}

.

29
.. 50 .. .,
...
.. 44
. .. . 2
. ., ,.. . .,
... . ., ...
. ., ... . .,
... . ...
. . 50,000.- ()
350,000.- ()
100

4 2 2546

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AIRPORTS OF THAILAND PUBLIC COMPANY LIMITED

{06} Message from Chairman of the Board

PLC 0107545000292 (Previous Number: PLC 40854500702)