Statement of income
(Unit: Baht in thousand except indicated)
Q3/2022
|
Q2/2022
|
QoQ
|
Q3/2021
|
YoY
|
|
---|---|---|---|---|---|
Rental and services income | 70,426 | 72,508 | -3% | 57,910 | 22% |
Interest income | 1,919 | 1,900 | 1% | 1,911 | 0% |
Dividend income | 50,000 | 52,000 | -4% | 58,000 | -14% |
Other income | 41 | 183 | -78% | 350 | -88% |
Total income | 122,386 | 126,591 | -3% | 118,171 | 4% |
Costs of rental and services | 27,062 | 21,799 | 24% | 17,165 | 58% |
REIT Manager fee | 10,128 | 10,237 | -1% | 10,294 | -2% |
Trustee fee | 3,567 | 3,533 | 1% | 3,580 | 0% |
Registrar fee | 392 | 359 | 9% | 450 | -13% |
Property management fee | 4,303 | 4,501 | -4% | 4,605 | -7% |
Professional fees | 288 | 357 | -19% | 343 | -16% |
Amortisation of deferred expenses | - | - | - | 9,660 | -100% |
Other expenses | 814 | 5,424 | -85% | 5,261 | -85% |
Finance cost | 14,708 | 14,595 | 1% | 14,744 | 0% |
Income tax expenses | - | - | - | - | - |
Total expenses | 61,262 | 60,805 | 1% | 66,102 | -7% |
Net investment income | 61,124 | 65,786 | -7% | 52,069 | 17% |
Gains (losses) on revaluation of investments in subsidiaries | 22,000 | 22,000 | 0% | 22,000 | 0% |
Gains (losses) on revaluation of investments in properties and leasehold rights over properties | 1,894 | 1,873 | 1% | 1,937 | -2% |
Increase in net assets from operations | 85,018 | 89,659 | -5% | 76,006 | 12% |
Statements of financial position
(Unit: Baht in thousand except indicated)
Q3/2022
|
Q2/2022
|
QoQ
|
Q3/2021
|
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 | 2,258,458 | 2,256,564 | 0% | 2,238,421 | 1% |
Cash and cash equivalents | 299,566 | 301,425 | -1% | 284,592 | 5% |
Receivables | 78,096 | 79,100 | -1% | 89,151 | -12% |
Loan to subsidiary | 96,378 | 96,378 | 0% | 96,378 | 0% |
Deferred expenses | - | - | - | 1,050 | -100% |
Intangible assets | 97 | 103 | -6% | 121 | -20% |
Deferred tax assets | - | - | - | - | - |
Prepaid expenses | 5,503 | 7,905 | -30% | 5,291 | 4% |
Other assets | 17,617 | 18,346 | -4% | 17,471 | 1% |
Total assets | 9,127,075 | 9,131,181 | 0% | 9,170,234 | 0% |
Accrued Interest | 10,461 | 22,622 | -54% | 10,461 | 0% |
Other payables | 9,746 | 8,799 | 11% | 11,058 | -12% |
Accrued expenses | 17,111 | 17,278 | -1% | 17,510 | -2% |
Income tax payable | - | - | - | - | - |
Unearned income | 2,181 | 1,717 | 27% | 2,242 | -3% |
Deposit received from customers | 93,965 | 91,478 | 3% | 90,693 | 4% |
Debentures | 2,048,159 | 2,047,864 | 0% | 2,046,997 | 0% |
Lease liabilities | 301,458 | 299,564 | 1% | 308,421 | -2% |
Deferred tax liabilities | - | - | - | - | - |
Other liabilities | 4,847 | 5,604 | -14% | 4,960 | -2% |
Total liabilities | 2,487,928 | 2,494,926 | 0% | 2,492,342 | 0% |
Net assets | 6,639,147 | 6,636,255 | 0% | 6,677,892 | -1% |
Capital from unitholders | 4,759,691 | 4,779,949 | 0% | 4,853,368 | -2% |
Retained earnings | 1,879,456 | 1,856,306 | 1% | 1,824,524 | 3% |
Net assets | 6,639,147 | 6,636,255 | 0% | 6,677,892 | -1% |
Net asset value per unit (Baht) | 12.1263 | 12.1210 | 0% | 12.1970 | -1% |
Statement of income
(Unit: Baht in thousand except indicated)
Q3/2022
|
Q2/2022
|
QoQ
|
Q3/2021
|
YoY
|
|
---|---|---|---|---|---|
Rental and services income | 189,213 | 192,191 | -2% | 182,855 | 3% |
Interest income | 172 | 161 | 7% | 148 | 16% |
Dividend income | - | - | - | - | - |
Other income | 257 | 251 | 2% | 367 | -30% |
Total income | 189,642 | 192,603 | -2% | 183,370 | 3% |
Costs of rental and services | 52,299 | 42,504 | 23% | 37,874 | 38% |
REIT Manager fee | 10,128 | 10,237 | -1% | 10,294 | -2% |
Trustee fee | 3,567 | 3,533 | 1% | 3,580 | 0% |
Registrar fee | 392 | 359 | 9% | 450 | -13% |
Property management fee | 7,867 | 8,022 | -2% | 7,886 | 0% |
Professional fees | 1,322 | 1,615 | -18% | 1,323 | 0% |
Amortisation of deferred expenses | - | - | - | 9,660 | -100% |
Other expenses | 4,605 | 9,181 | -50% | 8,882 | -48% |
Finance cost | 14,708 | 14,595 | 1% | 14,744 | 0% |
Income tax expenses | 12,875 | 13,367 | -4% | 15,167 | -15% |
Total expenses | 107,763 | 103,413 | 4% | 109,860 | -2% |
Net investment income | 81,879 | 89,190 | -8% | 73,510 | 11% |
Gains (losses) on revaluation of investments in subsidiaries | - | - | - | - | - |
Gains (losses) on revaluation of investments in properties and leasehold rights over properties | 1,894 | 1,873 | 1% | 1,937 | -2% |
Increase in net assets from operations | 83,773 | 91,063 | -8% | 75,447 | 11% |
Statements of financial position
(Unit: Baht in thousand except indicated)
Q3/2022
|
Q2/2022
|
QoQ
|
Q3/2021
|
YoY
|
|
---|---|---|---|---|---|
Investments in subsidiaries at fair value through profit or loss | - | - | - | - | - |
Investments in properties and leasehold rights over properties at fair value | 8,726,196 | 8,724,302 | 0% | 8,772,558 | -1% |
Cash and cash equivalents | 691,736 | 705,817 | -2% | 672,282 | 3% |
Receivables | 9,811 | 7,899 | 24% | 7,371 | 33% |
Loan to subsidiary | - | - | - | - | - |
Deferred expenses | - | - | - | 1,050 | -100% |
Intangible assets | 25,674 | 26,580 | -3% | 29,266 | -12% |
Deferred tax assets | - | - | - | - | - |
Prepaid expenses | 6,886 | 8,408 | -18% | 5,511 | 25% |
Other assets | 26,318 | 27,970 | -6% | 24,422 | 8% |
Total assets | 9,486,621 | 9,500,976 | 0% | 9,512,460 | 0% |
Accrued Interest | 10,461 | 22,622 | -54% | 10,461 | 0% |
Other payables | 17,277 | 16,021 | 8% | 16,587 | 4% |
Accrued expenses | 27,633 | 26,587 | 4% | 27,244 | 1% |
Income tax payable | 9,236 | 19,409 | -52% | 10,651 | -13% |
Unearned income | 40,614 | 42,519 | -4% | 37,073 | 10% |
Deposit received from customers | 257,389 | 253,132 | 2% | 255,971 | 1% |
Debentures | 2,048,159 | 2,047,864 | 0% | 2,046,997 | 0% |
Lease liabilities | 301,458 | 299,564 | 1% | 308,421 | -2% |
Deferred tax liabilities | 1,161 | 1,044 | 11% | 630 | 84% |
Other liabilities | 12,429 | 13,057 | -5% | 11,484 | 8% |
Total liabilities | 2,725,817 | 2,741,819 | -1% | 2,725,519 | 0% |
Net assets | 6,760,804 | 6,759,157 | 0% | 6,786,941 | 0% |
Capital from unitholders | 4,759,691 | 4,779,949 | 0% | 4,853,368 | -2% |
Retained earnings | 2,001,113 | 1,979,208 | 1% | 1,933,573 | 3% |
Net assets | 6,760,804 | 6,759,157 | 0% | 6,786,941 | 0% |
Net asset value per unit (Baht) | 12.3485 | 12.3454 | 0% | 12.3962 | 0% |
Source:
Reference to Report and consolidated interim financial statements and Independent
Auditor’s Report on Review of Interim
Financial Information
for Q2/2022, Q3/2022 and Q3/2021