Statement of income
(Unit: Baht in thousand except indicated)|
Q2/2022
|
Q1/2022
|
QoQ
|
Q2/2021
|
YoY
|
|
|---|---|---|---|---|---|
| Rental and services income | 72,508 | 72,068 | 1% | 73,600 | -1% |
| Interest income | 1,900 | 1,882 | 1% | 1,922 | -1% |
| Dividend income | 52,000 | 52,000 | 0% | 66,000 | -21% |
| Other income | 183 | 274 | -33% | 1,846 | -90% |
| Total income | 126,591 | 126,224 | 0% | 143,368 | -12% |
| Costs of rental and services | 21,799 | 18,164 | 20% | 23,334 | -7% |
| REIT Manager fee | 10,237 | 10,316 | -1% | 10,637 | -4% |
| Trustee fee | 3,533 | 3,500 | 1% | 3,557 | -1% |
| Registrar fee | 359 | 374 | -4% | 445 | -19% |
| Property management fee | 4,501 | 4,443 | 1% | 4,445 | 1% |
| Professional fees | 357 | 407 | -12% | 265 | 35% |
| Amortisation of deferred expenses | - | - | - | 9,555 | -100% |
| Other expenses | 5,424 | 793 | 584% | 10,409 | -48% |
| Finance cost | 14,595 | 14,386 | 1% | 14,633 | 0% |
| Income tax expenses | - | - | - | - | - |
| Total expenses | 60,805 | 52,383 | 16% | 77,280 | -21% |
| Net investment income | 65,786 | 73,841 | -11% | 66,088 | 0% |
| Gains (losses) on revaluation of investments in subsidiaries | 22,000 | (44,399) | -150% | 22,000 | 0% |
| Gains (losses) on revaluation of investments in properties and leasehold rights over properties | 1,873 | 28,852 | -94% | 1,917 | -2% |
| Increase in net assets from operations | 89,659 | 58,294 | 54% | 90,005 | 0% |
Statements of financial position
(Unit: Baht in thousand except indicated)|
Q2/2022
|
Q1/2022
|
QoQ
|
Q2/2021
|
YoY
|
|
|---|---|---|---|---|---|
| Investments in subsidiaries at fair value through profit or loss | 6,371,360 | 6,371,360 | 0% | 6,437,759 | -1% |
| Investments in properties and leasehold rights over properties at fair value | 2,256,564 | 2,254,691 | 0% | 2,236,484 | 1% |
| Cash and cash equivalents | 301,425 | 292,740 | 3% | 294,946 | 2% |
| Receivables | 79,100 | 77,155 | 3% | 96,083 | -18% |
| Loan to subsidiary | 96,378 | 96,378 | 0% | 96,378 | 0% |
| Deferred expenses | - | - | - | 10,710 | -100% |
| Intangible assets | 103 | 109 | -6% | 128 | -20% |
| Deferred tax assets | - | - | - | - | - |
| Prepaid expenses | 7,905 | 6,122 | 29% | 6,099 | 30% |
| Other assets | 18,346 | 18,484 | -1% | 17,243 | 6% |
| Total assets | 9,131,181 | 9,117,039 | 0% | 9,195,830 | -1% |
| Accrued Interest | 22,622 | 10,190 | 122% | 22,622 | 0% |
| Other payables | 8,799 | 10,649 | -17% | 14,637 | -40% |
| Accrued expenses | 17,278 | 17,516 | -1% | 17,971 | -4% |
| Income tax payable | - | - | - | - | - |
| Unearned income | 1,717 | 2,129 | -19% | 2,332 | -26% |
| Deposit received from customers | 91,478 | 90,727 | 1% | 91,234 | 0% |
| Debentures | 2,047,864 | 2,047,573 | 0% | 2,046,709 | 0% |
| Lease liabilities | 299,564 | 297,691 | 1% | 306,484 | -2% |
| Deferred tax liabilities | - | - | - | - | - |
| Other liabilities | 5,604 | 6,369 | -12% | 4,355 | 29% |
| Total liabilities | 2,494,926 | 2,482,844 | 0% | 2,506,344 | 0% |
| Net assets | 6,636,255 | 6,634,195 | 0% | 6,689,486 | -1% |
| Capital from unitholders | 4,779,949 | 4,800,206 | 0% | 4,877,568 | -2% |
| Retained earnings | 1,856,306 | 1,833,989 | 1% | 1,811,918 | 2% |
| Net assets | 6,636,255 | 6,634,195 | 0% | 6,689,486 | -1% |
| Net asset value per unit (Baht) | 12.1210 | 12.1172 | 0% | 12.2182 | -1% |
Statement of income
(Unit: Baht in thousand except indicated)|
Q2/2022
|
Q1/2022
|
QoQ
|
Q2/2021
|
YoY
|
|
|---|---|---|---|---|---|
| Rental and services income | 192,191 | 192,984 | 0% | 209,789 | -8% |
| Interest income | 161 | 168 | -4% | 211 | -24% |
| Dividend income | - | - | - | - | - |
| Other income | 251 | 499 | -50% | 1,943 | -87% |
| Total income | 192,603 | 193,651 | -1% | 211,943 | -9% |
| Costs of rental and services | 42,504 | 35,248 | 21% | 41,435 | 3% |
| REIT Manager fee | 10,237 | 10,316 | -1% | 10,637 | -4% |
| Trustee fee | 3,533 | 3,500 | 1% | 3,557 | -1% |
| Registrar fee | 359 | 374 | -4% | 445 | -19% |
| Property management fee | 8,022 | 7,751 | 3% | 7,781 | 3% |
| Professional fees | 1,615 | 1,451 | 11% | 1,287 | 25% |
| Amortisation of deferred expenses | - | - | - | 9,555 | -100% |
| Other expenses | 9,181 | 4,506 | 104% | 14,058 | -35% |
| Finance cost | 14,595 | 14,386 | 1% | 14,633 | 0% |
| Income tax expenses | 13,367 | 14,413 | -7% | 17,116 | -22% |
| Total expenses | 103,413 | 91,945 | 12% | 120,504 | -14% |
| Net investment income | 89,190 | 101,706 | -12% | 91,439 | -2% |
| Gains (losses) on revaluation of investments in subsidiaries | - | - | - | - | - |
| Gains (losses) on revaluation of investments in properties and leasehold rights over properties | 1,873 | -37,547 | -105% | 1,917 | -2% |
| Increase in net assets from operations | 91,063 | 64,159 | 42% | 93,356 | -2% |
Statements of financial position
(Unit: Baht in thousand except indicated)|
Q2/2022
|
Q1/2022
|
QoQ
|
Q2/2021
|
YoY
|
|
|---|---|---|---|---|---|
| Investments in subsidiaries at fair value through profit or loss | - | - | - | - | - |
| Investments in properties and leasehold rights over properties at fair value | 8,724,302 | 8,722,429 | 0% | 8,770,621 | -1% |
| Cash and cash equivalents | 705,817 | 711,630 | -1% | 703,230 | 0% |
| Receivables | 7,899 | 5,224 | 51% | 12,653 | -38% |
| Loan to subsidiary | - | - | - | - | - |
| Deferred expenses | - | - | - | 10,710 | -100% |
| Intangible assets | 26,580 | 27,475 | -3% | 30,171 | -12% |
| Deferred tax assets | - | - | - | - | - |
| Prepaid expenses | 8,408 | 7,298 | 15% | 6,896 | 22% |
| Other assets | 27,970 | 26,842 | 4% | 22,935 | 22% |
| Total assets | 9,500,976 | 9,500,898 | 0% | 9,557,216 | -1% |
| Accrued Interest | 22,622 | 10,190 | 122% | 22,622 | 0% |
| Other payables | 16,021 | 18,444 | -13% | 21,575 | -26% |
| Accrued expenses | 26,587 | 24,541 | 8% | 25,092 | 6% |
| Income tax payable | 19,409 | 30,404 | -36% | 25,493 | -24% |
| Unearned income | 42,519 | 47,492 | -10% | 42,079 | 1% |
| Deposit received from customers | 253,132 | 254,381 | 0% | 257,890 | -2% |
| Debentures | 2,047,864 | 2,047,573 | 0% | 2,046,709 | 0% |
| Lease liabilities | 299,564 | 297,691 | 1% | 306,484 | -2% |
| Deferred tax liabilities | 1,044 | 897 | 16% | 344 | 203% |
| Other liabilities | 13,057 | 13,592 | -4% | 9,834 | 33% |
| Total liabilities | 2,741,819 | 2,745,205 | 0% | 2,758,122 | -1% |
| Net assets | 6,759,157 | 6,755,693 | 0% | 6,799,094 | -1% |
| Capital from unitholders | 4,779,949 | 4,800,206 | 0% | 4,877,568 | -2% |
| Retained earnings | 1,979,208 | 1,955,487 | 1% | 1,921,526 | 3% |
| Net assets | 6,759,157 | 6,755,693 | 0% | 6,799,094 | -1% |
| Net asset value per unit (Baht) | 12.3454 | 12.3391 | 0% | 12.4184 | -1% |
Source:
Reference to Report and consolidated interim financial statements and Independent Auditor’s Report on Review of Interim Financial Information
for Q2/2022, Q1/2022 and Q2/2021