Financial Highlights

Key Income Statement Figures
(Unit: THB'000 )
FY2017
12 mths
(1 Jan - 31 Dec)
FY2016
12 mths
(1 Jan - 31 Dec)
FY2015
12 mths
(1 Jan - 31 Dec)
Rental and service income 587,408 563,070 366,158
Income from rental and service guarantees 515 62,054 41,325
Interest income 3,715 3,885 2,540
Income from forfeiture of rental and service deposits 3,598 24,995 5,575
Other income 9 1,771 48
Total Income 595,245 655,775 415,646
Trust management fee & Other related expenses \1 76,065 69,263 50,074
Operating expenses 59,821 99,995 28,118
Amortisation of deferred expenses 15,478 15,185 12,479
Interest expenses 74,785 74,208 38,423
Total Expenses 226,149 258,651 129,094
Net Investment Income 369,096 397,124 286,552

Remark: \1 Trust management fee includs property management fee and REIT management fee. Other related expenses includs trustee fee, registrar fee, and professional fee.


Key Balance Sheet Figures
(Unit: THB'000 )
FY2017
12 mths
(1 Jan - 31 Dec)
FY2016
12 mths
(1 Jan - 31 Dec)
FY2015
12 mths
(1 Jan - 31 Dec)
Investments in properties at fair value 30,450,600 7,351,650 7,260,760
Investments in securities at fair value 141,813 270,555 310,271
Cash deposit at banks 1,168,439 41,049 3,296
Accounts receivable 87,674 51,642 48,911
Deferred expenses 95,254 51,974 61,759
Other Assets 17,524 4,406 2,440
Total Assets 31,961,304 7,771,276 7,687,437
Deposits from rental and service 761,829 151,850 169,698
Long-term loan 5,539,966 1,819,000 1,819,000
Other Liabilities 191,416 53,557 97,424
Total Liabilities 6,493,211 2,024,407 2,086,122
Capital from unitholders 25,423,452 5,542,063 5,542,063
Retained earnings (deficit) 44,642 204,806 59,252
Net Assets 25,468,094 5,746,869 5,601,315
NAV per unit (THB) 10 10 10
Number of unit issued - end of period (units) 2,602,387,048 566,800,000 566,800,000

Key Financial Figures FY2017
12 mths
(1 Jan - 31 Dec)
FY2016
12 mths
(1 Jan - 31 Dec)
FY2015
12 mths
(1 Jan - 31 Dec)
Loan to Value Ratio ("LTV") \1 17% 23% 24%
Operating EBITDA (THB'000) 459,359 486,517 337,454
Operating EBITDA Margin 77% 74% 81%

Remark: \1 Loan to Value Ratio (“LTV”) must not exceed 35% of the total asset value without investment ratingand 60% with investment rating followed by SEC regulation.