Home / Financial Information /Financial Highlights

Statement of income

(Unit: Baht in thousand except indicated)
 
Q2/2021
Q1/2021
QoQ
Q2/2020
YoY
Rental and services income 73,600 78,773 -7% 64,554 14%
Interest income 1,922 1,889 2% 3,004 -36%
Dividend income 66,000 66,000 0% 70,000 -6%
Other income 1,846 2,033 -9% 4,153 -56%
Total income 143,368 148,695 -4% 141,711 1%
Costs of rental and services 23,334 17,666 32% 13,673 71%
REIT Manager fee 10,637 10,823 -2% 10,952 -3%
Trustee fee 3,557 5,407 -34% 5,553 -36%
Registrar fee 445 440 1% 387 15%
Property management fee 4,445 4,545 -2% 4,562 -3%
Professional fees 265 576 -54% 462 -43%
Amortisation of deferred expenses 9,555 9,450 1% 9,555 0%
Other expenses 10,409 4,382 138% 1,187 777%
Finance cost 14,633 18,202 -20% 13,733 7%
Income tax expenses   - - - -   -
Total expenses 77,280 71,491 8% 60,064 29%
Net investment income 66,088 77,204 -14% 81,647 -19%
Gains (losses) on revaluation of investments in subsidiaries 22,000 148,421 -85% 76,327 -71%
Gains (losses) on revaluation of investments in properties and leasehold rights over properties 1,917 (172,324) -101% (3,977) -148%
Increase in net assets from operations 90,005 53,301 69% 153,997 -42%


Balance Sheet

(Unit: Baht in thousand except indicated)
 
Q2/2021
Q1/2021
QoQ
Q2/2020
YoY
Investments in subsidiaries at fair value 6,437,759 6,437,759 0% 6,311,338 2%
Investments in properties and leasehold rights over properties at fair value 2,236,484 2,234,567 0% 2,258,769 -1%
Cash and cash equivalents 294,946 277,826 6% 296,890 -1%
Receivables 96,083 93,495 3% 86,377 11%
Loan to subsidiary 96,378 96,378 0% 96,378 0%
Deferred expenses 10,710 20,265 -47% 29,715 -64%
Intangible assets 128 134 -4% 140 -9%
Deferred tax assets - - - - -
Prepaid expenses 6,099 8,036 -24% 8,295 -26%
Other assets 17,243 17,509 -2% 17,861 -3%
Total assets 9,195,830 9,185,969 0% 9,105,763 1%
Accrued Interest 22,622 10,191 122% 23,032 -2%
Other payables 14,637 16,066 -9% 17,527 -16%
Accrued expenses 17,971 17,185 5% 20,247 -11%
Income tax payable - - - - -
Unearned income 2,332 2,609 -11% 3,714 -37%
Deposit received from customers 91,234 93,483 -2% 95,927 -5%
Debentures 2,046,709 2,046,424 0% 2,046,146 0%
Lease liabilities 306,484 304,567 1% 150,769 103%
Deferred tax liabilities - - - - -
Other liabilities 4,355 8,363 -48% 6,873 -37%
Total liabilities 2,506,344 2,498,888 0% 2,364,235 6%
Net assets 6,689,486 6,687,081 0% 6,741,528 -1%
Capital from unitholders 4,877,568 4,916,714 -1% 4,916,714 -1%
Retained earnings  1,811,918 1,770,367 2% 1,824,814 -1%
Net assets 6,689,486 6,687,081 0% 6,741,528 -1%
Net asset value per unit (Baht) 12.2182 12.2138 0% 12.3132 -1%

Statement of income

(Unit: Baht in thousand except indicated)
 
Q2/2021
Q1/2021
QoQ
Q2/2020
YoY
Rental and services income 209,789 217,891 -4% 211,733 -1%
Interest income 211 225 -6% 232 -9%
Dividend income -   -   - -   -
Other income 1,943 4,825 -60% 4,555 -57%
Total income 211,943 222,941 -5% 216,520 -2%
Costs of rental and services 41,435 34,576 20% 36,116 15%
REIT Manager fee 10,637 10,823 -2% 10,952 -3%
Trustee fee 3,557 5,407 -34% 5,553 -36%
Registrar fee 445 440 1% 387 15%
Property management fee 7,781 7,804 0% 7,853 -1%
Professional fees 1,287 1,601 -20% 858 50%
Amortisation of deferred expenses 9,555 9,450 1% 9,555 0%
Other expenses 14,058 8,034 75% 5,765 144%
Finance cost 14,633 18,202 -20% 13,733 7%
Income tax expenses 17,116 18,544 -8% 18,302 -6%
Total expenses 120,504 114,881 5% 109,074 10%
Net investment income 91,439 108,060 -15% 107,446 -15%
Gains (losses) on revaluation of investments in subsidiaries - - - -
Gains (losses) on revaluation of investments in properties and leasehold rights over properties 1,917 (45,903) -104% 48,349 -96%
Increase in net assets from operations 93,356 62,157 50% 155,795 -40%

Balance Sheet

(Unit: Baht in thousand except indicated)
 
Q2/2021
Q1/2021
QoQ
Q2/2020
YoY
Investments in subsidiaries at fair value - - - - -
Investments in properties and leasehold rights over properties at fair value 8,770,621 8,768,704 0% 8,666,485 1%
Cash and cash equivalents 703,230 698,002 1% 702,941 0%
Receivables 12,653 13,057 -3% 14,018 -10%
Loan to subsidiary - - - - -
Deferred expenses 10,710 20,265 -47% 29,715 -64%
Intangible assets 30,171 31,067 -3% 31,952 -6%
Deferred tax assets - - - 69 -100%
Prepaid expenses 6,896 9,251 -25% 10,085 -32%
Other assets 22,935 22,250 3% 22,752 1%
Total assets 9,557,216 9,562,596 0% 9,478,017 1%
Accrued Interest 22,622 10,191 122% 23,032 -2%
Other payables 21,575 20,609 5% 29,533 -27%
Accrued expenses 25,092 25,825 -3% 28,967 -13%
Income tax payable 25,493 43,108 -41% 29,658 -14%
Unearned income 42,079 42,056 0% 41,206 2%
Deposit received from customers 257,890 262,158 -2% 278,061 -7%
Debentures 2,046,709 2,046,424 0% 2,046,146 0%
Lease liabilities 306,484 304,567 1% 150,769 103%
Deferred tax liabilities 344 88 291% - -
Other liabilities 9,834 14,232 -31% 11,716 -16%
Total liabilities 2,758,122 2,769,258 0% 2,639,088 5%
Net assets 6,799,094 6,793,338 0% 6,838,929 -1%
Capital from unitholders 4,877,568 4,916,714 -1% 4,916,714 -1%
Retained earnings  1,921,526 1,876,624 2% 1,922,215 0%
Net assets 6,799,094 6,793,338 0% 6,838,929 -1%
Net asset value per unit (Baht) 12.4184 12.4079 0% 12.4912 -1%

Source:
Reference to Report and consolidated interim financial statements and Independent Auditor’s Report on Review of Interim Financial Information for Q1/2021, Q2/2021 and Q2/2020