GPU Finance 2025

One words to describe Finance

GPU PBT Aspiration 2024 is...

• RM123 Bil

• RM1.1 Bil

• RM1.2 Bil

• RM341 Bil

GPU Playbook Progress as of November 2024

• RM98.0 Mil

• RM97.6 Mil

• RM92.8 Mil

• RM100.2 Mil

Key challenge in 2025 are..

• Gas Price Volatility

• Finite Resource

• Depleting Margin (Gas Processing)

• Stringent ESG Requirement

Key cost driver for GPU i.e., largest expense category

• Payroll

• Depreciation

• Operation & Maintenance

• Power Import

Under UT segments, the following customers are buying electricity (including captive and non-captive) from Utilities Kertih (UK) except:

• PCOGD

• TNB

• PCARO

• PCASB

PGB has been granted Investment Tax Allowance (ITA) in 2023 which is expected to contribute approximately RM60 million tax savings under which specific activities:

• UG COGEN E Expansion

• GPS (GPP5 & GPP6) Modernisation and Upgrading

• GPK Maintenance and Turnaround

• GPK Maintenance and Turnaround

What P4R stands for?

• Performance for Reporting

• Planning for Revolution

• Profit for Reserves

• Pledge for Result

Why do we need to accrue expenses

• To meet timeline reporting

• To ensure our reporting reflect actual expenditure

• Requirement by accounting standards

• Requirement by immediate superior

How much is the agreed “global commercial settlement” amount related to Ionic Liquid insurance claim which has caused corrosion damage and leak at stainless steel piping in Low Temperature Separation Unit at Gas Processing Plants?

• RM12 Mil

• RM30 Mil

• RM47 Mil

• RM55 Mil