IRPC Annual Report 2023

58 32. Segment information Operating segment information is reported in a manner consistent with the internal reports that are regularly reviewed by the chief operating decision maker in order to make decisions about the allocation of resources to the segment and assess its performance. For management purposes, the Group is organised into business units based on its products and services and have 3 reportable segments as follows:  Petroleum products segment, which produces and sales refinery, lubricant, asphalt.  Petrochemical products segment, which produces and sales olefins, aromatics and related products including special products  Other business segments, division related to Power plant, jetty and other utilities No operating segments have been aggregated to form the above reportable operating segments. The chief operating decision maker monitors the operating results of the business units separately for the purpose of making decisions about resource allocation and assessing performance. Segment performance is measured based on operating profit or loss and total assets and on a basis consistent with that used to measure operating profit or loss and total assets in the financial statements. The basis of accounting for any transactions between reportable segments is consistent with that for third party transactions. The following tables present revenue and profit ( loss) information regarding the Group’s operating segments for the years ended 31 December 2023 and 2022. (Unit: Million Baht) Consolidated financial statements For the year ended 31 December 2023 Petroleum Petrochemical Other products products businesses Total Revenues from sales and services 260,771 53,155 5,121 319,047 Profit (loss) from operating segments 3,275 (7,135) 947 (2,913) Unallocated other income 1,052 Loss from operations (1,861) Share of profit on investments in joint ventures and associates 254 Finance costs (2,077) Income tax revenues 772 Loss for the year (2,912) 351 56-1 ONE REPORT 2023 Notes to the Consolidate Financial Statements

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