MIRA
INFORM REPORT
|
Report Date : |
11.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
BANGKOK BANK PCL |
|
|
|
|
Registered Office : |
333 Silom Road, Silom, Bangrak, Bangkok, 10500 |
|
|
|
|
Country : |
Thailand |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
01.12.1944 |
|
|
|
|
Com. Reg. No.: |
FC004593 |
|
|
|
|
Legal Form : |
Public Parent |
|
|
|
|
Line of Business : |
Subject engaged in the commercial banking business. |
|
|
|
|
No. of Employees : |
21,503 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
Status : |
Good |
|
Payment Behaviour : |
No Complaints |
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Thailand |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name & address
BANGKOK
BANK PCL
333 Silom Road, Silom, Bangrak
Bangkok, 10500
Thailand
Tel: 66-22-314333
Fax: 66-22-314890
Website: www.bangkokbank.com
Synthesis
Employees: 21,503
Company Type: Public
Parent
Corporate Family: 23 Companies
Traded: Stock Exchange of Thailand (Bangkok): BBL
Incorporation Date: 01-Dec-1944
Auditor: Deloitte
Financials in: USD
(Millions)
Fiscal Year End: 31-Dec-2011
Reporting Currency: Thai
Baht
Annual Sales: 2,868.3
Net Income: 896.8
Total Assets: 66,780.1
Market Value: 11,516.8
(27-Jul-2012)
Business Description
Bangkok Bank Public Company Limited is a Thailand-based
company engaged in the commercial banking business. It provides services to
retail and business clients in both local and international markets. The
services include debit and credit services, syndicated loan, financial advisory
services, securities and debt underwriting, international banking and financial
trade. It also provides money transfer and currency exchange services,
electronic business services, credit card services, small and medium-sized
enterprises (SME) and merchant services, wealth management, asset management
and others. As of December 31, 2010, it had 986 operating branches throughout
the country and 23 international branches in 13 countries, including Hong Kong,
Taiwan, Japan, United States, United Kingdom, China, Indonesia, Laos, Vietnam,
the Philippines and others. For the nine months ended 30 September 2011,
Bangkok Backpack's interest income increase 28% to BAH59.36B. Net interest
income after LLP increased 21% to BAH33.84B. Net income increased 13% to
BAH21.43B. Interest income reflects better economic environment. Net interest
income after LLP was partially offset by an increase in interest expenses. Net
income was partially offset by an increase in employee's expenses and tax &
duties.
Industry
|
Industry |
Commercial Banks |
|
ANZSIC 2006: |
6221 - Banking |
|
NACE 2002: |
6512 - Other monetary intermediation |
|
NAICS 2002: |
52211 - Commercial Banking |
|
UK SIC 2003: |
65121 - Banks |
|
US SIC 1987: |
6021 - National Commercial Banks |
Key Executives
|
Name |
Title |
|
Chartsiri Sophonphanit |
President, Executive Director, Director |
|
Bunsong Bunyasaranan |
Vice President of Finance Management |
|
Aphichat Romyarup |
Vice President, Company Secretary |
|
Suthira Sriphaibun |
Senior Vice President of Technology |
|
Phornthep Kitsanayothin |
Vice President of Audit and Control |
|
Topic |
#* |
Most Recent Headline |
Date |
|
Mergers & Acquisitions |
2 |
Bangkok Bank PCL Sets Tender Offer Subscription Dates to Acquire
Remaining Stake of Bualuang Securities PCL |
17-Jan-2012 |
|
Equity Investments |
1 |
Bangkok Bank PCL Sells Shares in Sammitr Motors Manufacturing PCL |
29-Dec-2011 |
|
Dividends |
2 |
Bangkok Bank PCL Announces H2 2011 Dividend Payment |
24-Feb-2012 |
* number of significant developments within the last 12 months
As of 30-Jun-2012
|
Key Ratios |
Company |
Industry |
|
Debt to Equity (MRQ) |
0.30 |
|
|
Sales 5 Year Growth |
1.19 |
9.28 |
|
Net Profit Margin (TTM) % |
33.59 |
23.51 |
|
Return on Assets (TTM) % |
1.45 |
0.88 |
|
Return on Equity (TTM) % |
12.41 |
7.73 |
FYE: 31-Dec-2009 USD (mil)
|
Key Figures |
|
|
Current Assets |
40,603.80 |
|
Fixed Assets |
12,543.51 |
|
Total Liabilities |
47,092.66 |
|
Net Worth |
5,902.10 |
|
Key Ratios |
|
|
|
Current Ratio |
0.86 |
|
|
|
|
|
|
|
|
|
Traded: Stock Exchange of Thailand (Bangkok): BBL
As of 27-Jul-2012 Financials in: THB
|
Recent Price |
190.50 |
|
EPS |
13.81 |
|
52 Week High |
201.00 |
|
Price/Sales |
4.16 |
|
52 Week Low |
123.50 |
|
Dividend Rate |
6.00 |
|
Avg. Volume (mil) |
4.55 |
|
Price/Earnings |
12.02 |
|
Market Value (mil) |
363,634.60 |
|
Price/Book |
1.49 |
|
|
|
|
Beta |
0.93 |
|
|
Price % Change |
Rel S&P 500% |
|
4 Week |
-0.52% |
-1.01% |
|
13 Week |
2.42% |
5.36% |
|
52 Week |
9.80% |
5.73% |
|
Year to Date |
24.10% |
8.02% |
Registered No.(UK): FC004593
1 - Profit & Loss Item Exchange Rate: USD 1 = THB 30.48471
2 - Balance Sheet Item Exchange Rate:
USD 1 = THB 31.55
Location
333 Silom Road, Silom, Bangrak
Bangkok, 10500
Thailand
Tel: 66-22-314333
Fax: 66-22-314890
Website: www.bangkokbank.com
Quote Symbol - Exchange
BBL - Stock Exchange of
Thailand (Bangkok)
Sales THB(mil): 87,439.9
Assets THB(mil): 2,106,912.5
Employees: 21,503
Fiscal Year End: 31-Dec-2011
Industry: Commercial
Banks
Registered Address: 333 Silcom Road
Bangkok 10500
Thailand
Incorporation Date: 01-Dec-1944
Company Type: Public
Parent
Quoted Status: Quoted
Registered No.(UK): FC004593
President, Executive Director, Director: Chartsiri Sophonphanit
Industry
Codes
|
ANZSIC 2006 Codes: |
||
|
6221 |
- |
Banking |
|
6229 |
- |
Other Depository Financial Intermediation |
|
6411 |
- |
Financial Asset Broking Services |
|
NACE 2002 Codes: |
||
|
6512 |
- |
Other monetary intermediation |
|
6713 |
- |
Activities auxiliary to financial intermediation not elsewhere
classified |
|
6712 |
- |
Security broking and fund management |
|
NAICS 2002 Codes: |
||
|
52211 |
- |
Commercial Banking |
|
522320 |
- |
Financial Transactions Processing, Reserve, and Clearinghouse
Activities |
|
522120 |
- |
Savings Institutions |
|
523110 |
- |
Investment Banking and Securities Dealing |
|
US SIC 1987: |
||
|
6021 |
- |
National Commercial Banks |
|
6099 |
- |
Functions Related to Depository Banking, Not Elsewhere Classified |
|
6035 |
- |
Savings Institutions, Federally Chartered |
|
6211 |
- |
Security Brokers, Dealers, and Flotation Companies |
|
UK SIC 2003: |
||
|
65121 |
- |
Banks |
|
6713 |
- |
Activities auxiliary to financial intermediation not elsewhere
classified |
|
6712 |
- |
Security broking and fund management |
Bangkok Bank Public Company Limited is a Thailand-based
company engaged in the commercial banking business. It provides services to
retail and business clients in both local and international markets. The services
include debit and credit services, syndicated loan, financial advisory
services, securities and debt underwriting, international banking and financial
trade. It also provides money transfer and currency exchange services,
electronic business services, credit card services, small and medium-sized
enterprises (SME) and merchant services, wealth management, asset management
and others. As of December 31, 2010, it had 986 operating branches throughout
the country and 23 international branches in 13 countries, including Hong Kong,
Taiwan, Japan, United States, United Kingdom, China, Indonesia, Laos, Vietnam,
the Philippines and others. For the nine months ended 30 September 2011,
Bangkok Backpack's interest income increase 28% to BAH59.36B. Net interest income
after LLP increased 21% to BAH33.84B. Net income increased 13% to BAH21.43B.
Interest income reflects better economic environment. Net interest income after
LLP was partially offset by an increase in interest expenses. Net income was
partially offset by an increase in employee's expenses and tax & duties.
More Business Descriptions
Commercial banking. The bank is the largest in Thailand and
has over 17 million customers and 1,000 branches
Commercial Banking Services
Banks and Financial Institutions
Bangkok Bank Public Company Limited is the largest
commercial bank in Thailand. Bangkok Bank is the seventh largest regional bank
in Southeast Asia with total assets of approximately $53 billion. The bank is
market leader in corporate and Small and Medium Sized Enterprises (SME) with
large customer base. Bangkok Bank engages in providing corporate banking,
investment banking, international banking, business and personal banking
services. Some of the major service offering of the bank includes home loans,
internet banking, credit card offering and sale of properties. Bangkok Bank
operates through eight key business units namely, Corporate, Commercial
Business, SME, Consumer, International Banking, Treasury, Special Asset
Management Unit (SAM)/Recovery and Investment Banking. The bank through its
Corporate business unit serves majority of Thailand’s leading companies. It
support the Thailand’s business in all the major sectors including export,
industrial, agriculture and services. The bank is the nation’s leading
provider of trade finance services and corporate debt financing. The bank
through its Corporate business units offers wide range of products such as cash
management, project financing, custodial services and syndicated loan
management services. In addition, the bank develops relationship with
approximately 1500 correspondent banks globally. The Commercial business unit
of the bank focuses on medium-sized companies. The bank together with its
relationship managers gives regular visits to clients at their places of work.
These Managers are based at the Bank's Business Centers that are staffed by specialists
such as trade finance advisors. Majority of the bank’s commercial customers
are from import-export business. It also act as an important source for payment
among traders in Asian countries. The bank through its Small and medium sized
businesses (SME's) offer range of lending products and services. The bank
through this business unit offers advice as well as lending to SME operators.
The offers its services to SME's through the network of business centers. It
also conducts an educational program for SME's in regional centers throughout
the country that includes strategic planning, as well as workshops on how to
write business plans. In addition, the bank produces a number of support
publications for SME's.The bank through its Consumer banking unit comprises
large and convenient network for retail customers. The bank has approximately
1,000 branches and 7,600 ATM and cash deposit machines including the Bank's
Microbranch network, situated in major location across the country. The
business unit through its advanced Bualuang Phone Banking Center offers both a
personal and automated service to customers. In addition, it provides
assistance on a range of services including home loans and foreign currency
services to cash advances and money transfers.The International Banking unit
serves international customers through its overseas branch and network of
contacts in the Asia Pacific region. The service portfolio under this business
unit includes banking and funds transfer services, and banking and funds transfer
services such as assisting in finding regional partners and guidance about
local regulations. The bank has 15 overseas branches, two wholly owned
subsidiaries and one representative office across China, Hong Kong, the US, the
UK, Japan, Taiwan, Singapore, Malaysia, Vietnam, Philippines, Indonesia, Laos
and Myanmar.The bank under its Treasury business unit offers foreign exchange
trading service in all major currencies together with number of regional
currencies. The bank allows customers to choose suitable hedging instruments to
manage their risk exposures. Bangkok bank has largest bond volume compared to
any other Thailand based bank and is an vital active secondary market in
government bond trading in Thailand. The bank through its SAM/Recovery helps
its customers financially by providing an advice and support in restructuring
their businesses. Through Investment banking business unit, the bank
specializes in export related projects and infrastructure projects. It also
offers industry advisory services and project financing through debt
financing.The bank comprises 17 million accounts including business and retail
customers. The bank has approximately 230 business centers and business desks
and a network of approximately 1,000 branches across Thailand. The bank serves
its customers through approximately 7,600 ATM's and cash deposit machines,
phone banking, and an internet banking service. In addition, the bank has
overseas branches across 13 countries including China, Hong Kong, the US, the
UK, Japan, Taiwan, Singapore, Malaysia, Vietnam, Philippines, Indonesia, Laos
and Myanmar. In total, the bank comprises 15 overseas branches, one
representative office and two wholly owned subsidiaries namely, Bangkok Bank
Berhad (BBB) and Bangkok Bank (China) Company Limited (BBC). In 2011, the bank
opened two new branches at Crystal Design Center in Bangkok and other at Bandar
Botanic, Klang in Selangor through its wholly owned subsidiary Bangkok Bank
Berhad. In December 2010, the bank entered into partnership with Bangkok
University’s Creative Entrepreneurship Development Institute (CEDI), King
Mongkut’s University of Technology Thonburi (KMUTT) and the Thailand Research
Fund (TRF) for expansion of its SME market. In 2010, the Bangkok Bank also
introduced some of the major products such as bancassurance product named Gain
1st 248 , the Bangkok Bank Titanium Private Hospital credit card and the
'Bangkok Bank Platinum Bumrungrad Hospital Credit Card. In September 2010, the
bank collaborated with PTT Polymer Marketing (PTTPM) to provide an
'International Supply Chain Financing' service to PTTPM’s dealers in China.
In addition, it collaborated with MTS Gold, for the launch of its Debit
Purchasing Card.
Bangkok Bank Public Company Limited (Bangkok Bank) is a
leading commercial bank. Bangkok Bank is a market leader in corporate and Small
and Medium Sized Enterprises (SME) with large customer base. Bangkok Bank
engages in providing corporate banking, investment banking, international
banking, business and personal banking services. The bank principally offers
complete range of commercial banking services such as arranging syndicated
loans, debt securities underwriting, trade finance, project finance, custodial
services, SME and merchant services and specialist industry advice. The bank
has overseas branch network and operational presence across China with branches
in Beijing, Shanghai, Xiamen and Shenzhen. Bangkok Bank is headquartered in
Bangkok, Thailand.The bank reported interest income of (Baht) THB 81,827.18 million
during the fiscal year ended December 2011, an increase of 28.53% over 2010.
The net interest income after loan loss provision of the bank was THB 40,668.76
million during the fiscal year 2011, an increase of 6.88% over 2010. The net
profit of the bank was THB 27,337.64 million during the fiscal year 2011, an
increase of 11.16% over 2010.
Commercial banks and trust companies (accepting deposits)
chartered under the National Bank Act.
Financial
Data
|
Financials in: |
THB(mil) |
1 Year Growth |
|
Revenue: |
87,439.9 |
8.5% |
|
Net Income: |
27,337.6 |
11.2% |
|
Assets: |
2,106,912.5 |
|
|
Long Term Debt: |
116,927.6 |
|
|
Total
Liabilities: |
1,863,097.8 |
|
|
Date of Financial
Data: |
31-Dec-2011 |
|
Market
Data
Quote Symbol: BBL
Exchange: Stock Exchange of Thailand (Bangkok)
Currency: THB
Stock Price: 190.5
Stock Price Date: 07-27-2012
52 Week Price Change %: 9.8
Market Value (mil): 363,634,592.0
SEDOL: 6077008
ISIN: TH0001010006
Equity and Dept Distribution: FY'05 are reclassified. FY'06 and '07 Q are being reclassified.
Subsidiaries
|
Company |
Percentage Owned |
Country |
|
Bangkok Bank PCL |
100% |
VIETNAM |
|
Bualuang Securities PCL |
56.34% |
THAILAND |
|
Bangkok Bank Public Company Limited |
100% |
PHILIPPINES |
|
Bangkok Bank (China) Co Ltd |
100% |
PEOPLE'S REPUBLIC OF CHINA |
|
Bangkok Bank Berhad |
100% |
MALAYSIA |
|
Sinnsuptawee Asset Management Co Ltd |
100% |
THAILAND |
|
BBL Asset Management Co Ltd |
77.37% |
THAILAND |
|
Bangkok Bank PCL |
100% |
LAOS |
Shareholders
Major Shareholders
Key Corporate Relationships
Auditor: Deloitte
Auditor: Deloitte Touche Tohmatsu Jaiyos, DELOITTE TOUCHE TOHMATSU, Deloitte
|
|
THB(mil) |
|
Audit Fees: |
12.9 |
|
Audit Fiscal Year: |
12-31-2009 |
Strategic Initiatives
Partnerships
Further the income from interest and dividend income also reported a
loss of THB 108m because of decreased income from debt instruments and average
rate of return. Such decrease in income form the core business and investment
segment will affect the profitability of the company in future.Strategic
Partnerships and Launch of New ProductsThe bank has launched the various
products and services for SME segment in December 2010, by entering into
partnership with Bangkok University’s Creative Entrepreneurship Development
Institute (CEDI), King Mongkut’s University of Technology Thonburi (KMUTT)
and the Thailand Research Fund (TRF). In September 2010, the bank announced
that it will be providing the international supply chain financing service to
the china dealers of PTT Polymer Marketing because of the collaboration made
with it. The bank launched a new bancassurance product Gain 1st 248 in 2010,
besides this it also launched few other products such as Bangkok Bank Titanium
Private Hospital credit card and the 'Bangkok Bank Platinum Bumrungrad Hospital
Credit Card. In the current fiscal year 2011 the bank opened new branches at
Crystal Design Center in Bangkok and Bandar Botanic, Klang in Selangor through
its subsidiary Bangkok Bank Berhad.
|
|
Helpful |
Harmful |
|
Internal Origin |
Strengths |
Weaknesses · Dependence on Domestic Market |
|
External Origin |
Opportunities · Capital Flow Prospects to Developing Countries |
Threats |
Overview
Bangkok Bank is a leading multinational bank based in Thailand. The
bank' s broad product portfolio and improved credit quality helps it company in
maintaining its market position generating profits. However, decrease in the
interest income from loans and dependence on domestic market can affect the
bank' s profitability. The strategic partnerships, launch of new products,
positive trends in economy would present new opportunities which assures the
bank' s growth in the future. Nevertheless, the bank' s profitability could
however be affected by global economic imbalances, intense competition and
fluctuations in the interest rates.
Strengths
Improved Financial Performance
The bank exhibited improved financial performance in 2010 as compared to
that of previous year. The bank's operating margin was found to be
satisfactory, which is around 37.6% for the fiscal year ended 2010, whereas it
was 23.9% in the previous year. This indicates the efficient cost management
and strong pricing strategy of the company. There is about 16.4% increase in
the net income which was THB24,593.4m in 2010 and was THB20,562m in 2009. The
increase in the net income of the company is compensated by the increase in the
net interest and non interest income of the company around 5.7% and 20.8%
respectively when compared with that of previous year. Such improved financial
results would strengthen company’s financial stability and long term growth
prospects.
Bangkok Bank and its subsidiaries has reported an improvement in its
credit quality during fiscal year 2010. The non performing loans of the bank
decreassed from THB 55.6 billion in 2009 to THB 45.6 billion in 2010, the total
of which accounts for 3% of total loans.The bank's net non performing loans
(NPL) as a percentage of net total loans was reported to be 1.3% for the fiscal
year ended 2010, where as it was 2.1% for 2009. Further the net non performing
loans after allowance for doubtful accounts was reported to be 20,053m and
26,673m for the fiscal years ended 2010 and 2009 respectively. This decrease in
NPL indicates improved credit quality of the bank’s loans.During the past few
years, the bank has substantially diversified its loan mix. In 2010, the
bank’s loan mix was 53.3% to commercial sector, 11.9% to utilities and
services, 10.4 % to housing, 8.7% to real estate.Improved credit quality and
further diversification in the loan portfolio will enhance the bank's core
operations.
Bangkok bank serves the diverse needs of corporate, SME, and individual
customers with a comprehensive range of financial products and services through
a branch network of 1000 branches spanning across the domestic country and 15
overseas branches in 13 countries. The bank operates targeting the key areas of
corporate, SME, Commercial, Asset management, Recovery, investment and so on,
providing services like corporate banking, investment banking, international
banking, business and personal banking. Further the services includes home
loans, internet banking, credit card offering and sale of properties. Being the
largest commercial bank in Thailand it operates covering all the major sectors
of export, industrial, agriculture. The corporate unit of the bank provides
products relating cash management, project financing, custodial services and
syndicated loan management services. The varied services and broad product
portfolio offered by the bank enable it to generate revenue, while meeting the
needs of customers.
Weaknesses
Bangkok Bank generates significant amount of its revenues from Thailand.
The bank's branch network totals to 1000 domestic branches and 15 overseas
branches as on December 31, 2010. Further it was observed that the bank
reported the net profit before taxes of THB 36,313m of which THB 34,647m was
from its domestic business. The bank’s high dependence on the Thai market
could significantly affect its business, and gets directly affected by the
social, political and economical conditions prevailing in the country. The
banking industry going global has seen many banks expanding their foreign
operations to enhance revenue generation. Many foreign banks have also entered
the Asian market, which witnessed high growth in the recent past. The bank
could look forward to expand its operations geographically to mitigate the risks
associated with geographic concentration.
The bank and its subsidaries reported a decrease in the income from
loans and investments for the fiscal year ended 2010. The interest and dividend
income of the bank which was THB 65.5 billion in 2010. Though there is an
increase by 0.5% when compared with that of the previous year, this increase
was mainly due to the increase in the interest income resulted from interbank
and money market items. The interest from these items increased by THB 809m,
which is 28.2% increase from that of previous year. Whereas the income from the
banks core business of loans decreased by THB 360m from that of previous year.
Decrease in the average lending interest rates is the major reason for the fell
in income. Further the income from interest and dividend income also reported a
loss of THB 108m because of decreased income from debt instruments and average
rate of return. Such decrease in income form the core business and investment
segment will affect the profitability of the company in future.
The bank reported high loan to deposit (LTD) ratio during the fiscal
year ended 2010. The bank's loan to deposit ratio was 90.1% for the year 2010,
there is an increase of 6%when compared with the LTD ratio of 2009 which was at
84%. The increase in LTD ratio is mainly due to the increase in total deposits.
The total deposits at the end of 2010 were THB 1394.4 billion, an increase of
2.5% to that of 2009 which was THB 1360.7 billion. Though there is an increase
in the total deposits but still higher LTD ratio indicates that the bank's
loans are funded through its deposits. Such high dependence on deposits could
limit the bank's ability to fund its growth and protect itself against a sudden
recall of its funding.
Opportunities
Capital Flow Prospects to Developing Countries
Developing countries continue to be attractive destinations for
international capital flows owing to higher growth rates, improved risk
profiles, and higher interest rates as compared to high-income countries.
According to the World Bank, the top nine countries (China, Brazil, India,
Turkey, South Africa, Mexico, Indonesia, Thailand and Malaysia) account for 63%
of the GDP of developing countries’. Almost 50% of bond flows, 95% of the
portfolio equity flows, and 78% of short-term debt go to the top nine
countries. Cross-border flows to the top nine countries are expected to reach
in nominal terms $875 billion (3.8% of GDP) by 2012. Many of the large
multinational companies have postponed investments until 2011, owing to
extensive downside risk for growth, tight credit conditions, and high commodity
and food prices, which have generated fears about cost of production and
transportation. With improved prospects of economic recovery in developing
countries, merger and acquisitions along with Greenfield investments increased,
suggesting gains in 2011. As a result, FDI inflows are projected to be around
$590 billion (2.5% of GDP) by 2012. Improvement in the health of global banking
systems is expected to increase net bank lending to $42 billion by 2012.
However, lending could be much lower with deleveraging and implementation of
new regulations requiring increase in capital.
Strategic Partnerships and Launch of New Products
The bank has launched the various products and services for SME segment
in December 2010, by entering into partnership with Bangkok University’s
Creative Entrepreneurship Development Institute (CEDI), King Mongkut’s
University of Technology Thonburi (KMUTT) and the Thailand Research Fund (TRF).
In September 2010, the bank announced that it will be providing the
international supply chain financing service to the china dealers of PTT
Polymer Marketing because of the collaboration made with it. The bank launched
a new bancassurance product Gain 1st 248 in 2010, besides this it also launched
few other products such as Bangkok Bank Titanium Private Hospital credit card
and the 'Bangkok Bank Platinum Bumrungrad Hospital Credit Card. In the current
fiscal year 2011 the bank opened new branches at Crystal Design Center in
Bangkok and Bandar Botanic, Klang in Selangor through its subsidiary Bangkok
Bank Berhad. Such strategic partnerships and launching new products will help
the bank in expanding its product portfolio and get increased returns by
launching new services to customers.
Thai’s economy is expected to continue its growth for 2011, with the
projected growth in GDP over 3.5% to 4.5%. It is anticipated that the domestic
demand and exports to emerging economies will increase due to the strong growth
momentum in consumer spending and investment. Domestic spending will be a key
growth driver in boosting demand for products and services because of higher
personal income resulting from the government’s decision to increase the
minimum wage, enhanced public workers salaries, and rising crop prices. Besides
this the foreign investment is also expected to increase because of
liberalization of investment and greater regional trade. Bank of Thailand is
expected to raise the policy interest rate on a gradual basis to 3.00-3.25% by
the end of 2011. According to the World Bank estimations the developing
economies of East Asia and Pacific, will expand on an average 7.8 percent in
2011. Such Positive trends of economy will provide various growth opportunities
to the bank.
Threats
Fluctuations in Interest Rates
The bank’s investment portfolio contains interest rate
sensitive-investments, such as government and corporate bonds. The increase in
market interest rates would decrease unrealized capital gains on fixed income
securities of investment portfolio. The decline in market interest rates could
have an adverse impact on the bank’s investment income. The defaults in the
bank’s investment portfolio may produce operating losses and reduce the
bank’s capital and surplus. Interest rates are highly sensitive due to
governmental monetary policies, domestic and international economic and
political conditions and other factors beyond the bank’s control. The
significant increase in interest rates could have a material adverse effect on
the book value of the bank.
Banking Industry is quite competitive in Thailand and with growing
market the competition is also intensifying. Competition for specialty and
alternative markets business comes from other specialty insurers, regional
carriers, large national multi-line companies and reinsurers; and for the
reinsurance business comes from domestic and foreign reinsurers, including
Berkshire Hathaway, Swiss Re, Transatlantic Reinsurance and Everest
Reinsurance. The regional property casualty subsidiaries compete with mutual
and other regional stock companies, and national carriers. Direct writers of
property casualty insurance compete with the regional subsidiaries by writing
insurance through their own operations, generally at a lower cost than through independent
agents such as those used by the company. The company’s international
operations compete with native insurance operations both large and small
government entities, and branch or local subsidiaries of multinational
companies. As a result of increased competition, the company is experiencing
both downward pressures on pricing as well as demands by depositors and cedants
for better terms and conditions. The bank and its banking subsidiaries can gain
a competitive advantage by responding quickly to changing market conditions and
by focusing on specialized geographic regions.
The global economy has imbalances with unusually low interest rates in
developed countries, reflecting aggressive monetary policy and weak demand for
credit. Money from developed countries is thus flowing into emerging markets,
which offer high interest rates. Countries with strong growth are facing upward
pressures on currency values as a result of capital inflow, hurting export
competitiveness and inflationary pressures. As a result, some of the central
banks have tightened monetary policies resulting in additional upward pressure
on currencies. Many of the emerging governments, intervening in currency
markets by holding down currencies for improving export competitiveness, are
risking growth in inflation. Devaluation of currencies may actually not result
in a decline in value of currencies and this could lead to an increase in money
supply and higher inflation. The imbalances in global economy are compelling
countries traditionally reliant on exports. Thailand is no exceptional to this
as the country exports to emerging economies China and Japan and continues to
depend on its exports, with a need for domestic-led growth. It may face
competitive devaluation in export markets hurting their export competitiveness.
Thai economy may suffer the impact of biggest earthquake and tsunami occurred
in Japan, which is its second largest foreign customer after China. Economic
meltdown has resulted in the failure of credit market growth in developed
countries, with consumers and businesses continuing to deleverage by hoarding
cash. While central banks and governments could get aggressive, it could result
in continuation of global imbalances.
Corporate
Structure News
Total Corporate Family Members: 23
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Bangkok |
Thailand |
Commercial Banks |
2,868.3 |
21,503 |
|
|
Subsidiary |
Bangkok |
Thailand |
Investment Services |
57.9 |
200 |
|
|
Subsidiary |
Shanghai |
China |
Commercial Banks |
|
130 |
|
|
Branch |
Singapore |
Singapore |
Commercial Banks |
74.1 |
110 |
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Commercial Banks |
16.9 |
100 |
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Commercial Banks |
|
75 |
|
|
Branch |
Ho Chi Minh City |
Viet Nam |
Commercial Banks |
|
50 |
|
|
Branch |
Jakarta Pusat |
Indonesia |
Commercial Banks |
90.0 |
46 |
|
|
Subsidiary |
Bangkok |
Thailand |
Miscellaneous Financial Services |
|
9 |
|
|
Branch |
Tokyo |
Japan |
Commercial Banks |
|
|
|
|
Branch |
Taipei |
Taiwan |
Commercial Banks |
|
|
|
|
Branch |
Taichung City |
Taiwan |
Commercial Banks |
|
|
|
|
Branch |
Kaohsiung |
Taiwan |
Commercial Banks |
|
|
|
|
Branch |
Makati City |
Philippines |
Commercial Banks |
|
|
|
|
Branch |
Vientiane |
Lao People's Democratic Republic |
Commercial Banks |
|
|
|
|
Subsidiary |
Shanghai |
China |
Commercial Banks |
|
|
|
|
Branch |
Xiamen |
China |
Commercial Banks |
|
|
|
|
Branch |
Shenzhen |
China |
Commercial Banks |
|
|
|
|
Branch |
Beijing |
China |
Commercial Banks |
|
|
|
|
Branch |
Hanoi |
Viet Nam |
Commercial Banks |
|
|
|
|
Branch |
Osaka |
Japan |
Commercial Banks |
|
|
|
|
Branch |
Hong Kong |
Hong Kong |
Commercial Banks |
|
|
|
|
Subsidiary |
Georgetown, Grand Cayman |
Cayman Islands |
Commercial Banks |
|
|
Competitors Report
|
CompanyName |
Location |
Employees |
Ownership |
|
Bank of Ayudhya Public Company Limited |
Bangkok, Thailand |
10,077 |
Public |
|
Hong Leong Bank Berhad |
Kuala Lumpur, Malaysia |
7,116 |
Public |
|
KASIKORNBANK PCL |
Bangkok, Thailand |
15,677 |
Public |
|
Krung Thai Bank PCL |
Bangkok, Thailand |
18,428 |
Public |
|
Siam Commercial Bank PCL |
Bangkok, Thailand |
18,097 |
Public |
Executives
BOARD OF DIRECTORS
|
|
|
|
|||||||||
|
Chairman of the Executive Board, Director |
Chairman |
|
|||||||||
|
||||||||||||
|
President, Executive Director, Director |
Chairman |
|
|
||||||||
|
||||||||||||
|
Vice Chairman of the Executive Board,
Director |
Vice-Chairman |
|
|
||||||||
|
||||||||||||
|
Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Executive Director, Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
VP of Large Business Enterprises,
Mgng.Dir. of Large Business Enterprises of Siam City Bank, Dir. |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Secretary General Board Invest |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Banker |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Banker |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Lawyer |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Board Member |
Director/Board Member |
|
|
||||||||
|
Banker |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Assistant President , Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Independent Director |
Director/Board Member |
|
|||||||||
|
||||||||||||
|
Pensioner |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Member-Executive Board |
Director/Board Member |
|
|
||||||||
|
Executive Director, Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Banker |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Vice President of Special Credit,
Executive Director, Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Banker |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Banker |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Board Member |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Board Member |
Director/Board Member |
|
|
||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
Executives
|
|
|
|||||||||
|
President, Executive Director, Director |
President |
|||||||||
|
|||||||||||
|
Vice President of Regional Business Expansion, International Banking
Group |
Division Head Executive |
|
||||||||
|
Vice President of International Banking Group |
Division Head Executive |
|
||||||||
|
Executive Vice President-Office of the President |
Division Head Executive |
|
||||||||
|
VP of Large Business Enterprises, Mgng.Dir. of Large Business
Enterprises of Siam City Bank, Dir. |
Managing Director |
|
||||||||
|
|||||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Executive Vice President |
Administration Executive |
|
||||||||
|
Banker |
Company Secretary |
|
||||||||
|
|
||||||||||
|
Vice President, Company Secretary |
Company Secretary |
||||||||||
|
Vice President of Finance Management |
Finance Executive |
||||||||||
|
||||||||||||
|
Manager-Finance |
Finance Executive |
|
|||||||||
|
Vice President of Special Credit,
Executive Director, Director |
Finance Executive |
|
|||||||||
|
||||||||||||
|
Vice President of Credit Management and
Credit Acceptance |
Finance Executive |
|
|||||||||
|
Vice President of Credit Management |
Finance Executive |
|
|||||||||
|
Vice President of Audit and Control |
Accounting Executive |
|
|||||||||
|
Vice President of Foreign Exchange Trading
Department |
Investment Executive |
|
|||||||||
|
Executive Vice President-Securities
Business |
Investment Executive |
|
|||||||||
|
Senior Executive Vice President-Treasury |
Treasurer |
|
|||||||||
|
Vice President of Human Resources |
Human Resources Executive |
|
|||||||||
|
Vice President of Human Resources |
Human Resources Executive |
|
|||||||||
|
Senior Vice President of Technology |
Engineering/Technical Executive |
|
|||||||||
|
||||||||||||
|
Vice President of Technology |
Engineering/Technical Executive |
|
|||||||||
|
||||||||||||
|
Lawyer |
Legal Executive |
|
|||||||||
|
||||||||||||
|
Vice President of Loan Recovery and Legal |
Legal Executive |
|
|||||||||
|
Banker |
Key Banking Contact |
|
|||||||||
|
||||||||||||
|
Banker |
Key Banking Contact |
|
|||||||||
|
||||||||||||
|
Banker |
Key Banking Contact |
|
|||||||||
|
||||||||||||
|
Banker |
Key Banking Contact |
|
|||||||||
|
||||||||||||
|
Banker |
Key Banking Contact |
|
|||||||||
|
||||||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President of Correspondence Banking |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
||||||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
||||||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
||||||||||||
|
Vice President |
Other |
|
|||||||||
|
||||||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President of Japanese Corporate |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
||||||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
||||||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
||||||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
|
Vice President |
Other |
|
|||||||||
Directors
and Shareholders Report
|
Main Office Address: |
Tel: 66-22-314333 |
Annual Return Date: 31
Dec 1986 |
|
Individual Directors |
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of
Directorships |
|
|
Current |
12 May 1959 |
299 Soi Sawasdee Sukhumvit Road, |
01 Apr 1993 |
NA |
Current:1 |
|
|
|
Current |
01 Jan 1934 |
206/1 Soi Santikam 6 Sukhumvit Road, Smrong Nua, |
01 Apr 1993 |
NA |
Current:1 |
|
|
|
Current |
28 Jan 1933 |
61 Soi Aree Sampun 3, Phaholyothin Road, |
01 Apr 1993 |
NA |
Current:1 |
|
|
|
Current |
19 Jan 1941 |
517 Lakeside Villa, Bangna-Trad Road, |
01 Apr 1993 |
NA |
Current:1 |
|
|
|
Current |
13 Jan 1947 |
76/14 Soi Promphan, Sukumvit 39 Road, |
19 Mar 1998 |
NA |
Current:1 |
|
|
|
Current |
23 Jan 1946 |
4 Sap Road, Si Phraya Bangkrak, |
18 Nov 1999 |
NA |
Current:1 |
|
|
|
Current |
13 Jan 1925 |
118 Soi Mit Anan, Nakornchaisri Road, |
18 Nov 1999 |
NA |
Current:1 |
|
|
|
Current |
17 Oct 1935 |
227/5 Lat Phrao Soi 1, Lat Phrao Road, |
18 Mar 1999 |
NA |
Current:1 |
|
|
|
Current |
01 Jan 1940 |
198 Soi Akarnsongkrao 14, Nanglynchee Road, |
27 Dec 1994 |
NA |
Current:1 |
|
|
|
Current |
28 May 1943 |
94 Soi Naulnoi, Ekamai Road, |
26 Dec 1996 |
NA |
Current:1 |
|
|
|
Current |
11 Sep 1937 |
9 Soi Soonvijai New Petchburi Road, |
01 Apr 1993 |
NA |
Current:1 |
|
|
|
Current |
30 Apr 1930 |
610 Soi Prasertdee Ekamai Road, |
01 Apr 1993 |
NA |
Current:1 |
|
|
|
Current |
28 Feb 1933 |
299 Thoi Sawasdee Sukhumxit Road, |
01 Apr 1993 |
NA |
Current:1 |
|
|
|
Current |
25 Aug 1933 |
17/12 Windmill Village, Bagna-Trad Road, |
01 Apr 1993 |
NA |
Current:1 |
|
|
|
Current |
30 Aug 1919 |
Sam Saen Nai Phaya Thai, |
01 Apr 1993 |
NA |
Current:2 |
|
|
|
Current |
13 Jul 1930 |
1003/2 Soi Saisin Prachachuen Road, |
01 Apr 1993 |
NA |
Current:1 |
|
|
|
Previous |
02 Feb 1930 |
1450 Songwad Road, |
01 Apr 1993 |
23 Nov 1999 |
Current:0 |
|
|
|
Previous |
23 Jan 1925 |
84 Soi Sawasdee Sukhumvit Road, |
01 Apr 1993 |
18 Mar 1999 |
Current:0 |
|
|
|
Previous |
18 Dec 1927 |
Co 7 3-Chome Kanda, Ogawa-Cho, |
NA |
30 Aug 1994 |
Current:1 |
|
|
|
Previous |
01 Nov 1941 |
43 Soi Sophon Sukhumvit Road, 68 Bagna, |
01 Apr 1993 |
17 Nov 1999 |
Current:0 |
|
|
|
Previous |
16 Nov 1916 |
104 Soi Thonglor Sukhumvit Road, |
01 Apr 1993 |
28 Mar 1997 |
Current:0 |
|
|
|
Previous |
01 Jan 1933 |
48 Sukhumvit 61, |
01 Apr 1993 |
18 Nov 1999 |
Current:0 |
|
|
|
Previous |
12 Jan 1945 |
108 Sukhumvit 35, |
22 Feb 1996 |
17 Oct 1994 |
Current:0 |
|
|
|
Previous |
27 Dec 1948 |
208 Soi Ramkumkaeng 9, Ramkumkaeng Road, |
22 Apr 1997 |
17 Nov 1999 |
Current:0 |
|
|
|
Previous |
17 Sep 1935 |
1084 Soi Sensnikom 1 Phaholyothin Rd, |
01 Apr 1993 |
01 Jan 1996 |
Current:0 |
|
|
|
Previous |
20 Jun 1915 |
999/189 Kesineevill Village, Phracha - Uthit Road, |
01 Apr 1993 |
14 Feb 1999 |
Current:0 |
|
|
|
Previous |
26 May 1936 |
122 Saladaeng Road, |
01 Apr 1993 |
17 Nov 1999 |
Current:0 |
|
|
|
Previous |
05 Aug 1932 |
1828 Sukhumvit Road, Bangchak Phrakanong, |
01 Apr 1993 |
17 Nov 1999 |
Current:0 |
|
|
Corporate
Directors
There are no corporate directors for this company.
|
Individual Secretaries |
|||||||
|
Name |
Status |
DOB |
Filed Address |
Appointment Date |
Resignation Date |
Summary of
Directorships |
|
|
Current |
30 Aug 1919 |
Sam Saen Nai Phaya Thai, |
01 Apr 1993 |
NA |
Current:2 |
|
|
|
|
|
||||||
|
|
|
|
|
|
|
|
|
Corporate
Secretaries
There are no corporate secretaries for this company.
Shareholders
Currently does not provide shareholding information for this
company.
Significant Developments
|
|
Bangkok Bank PCL Announces H2 2011 Dividend Payment
Feb 24, 2012
Bangkok Bank PCL announced it will pay a dividend for the second half of fiscal
year 2011 of THB 4.00 per share, on May 8, 2012, to shareholders of record on
April 23, 2012. The Company paid a dividend of THB 3.50 per share the same
period the year previous.
Bangkok Bank PCL Sets Tender Offer Subscription Dates to Acquire Remaining Stake of Bualuang Securities PCL
Jan 17, 2012
Bangkok Bank PCL announced that due to the tender offer for the remaining
43.66% stake, or 117,884,470 shares, which it did not already own, in Bualuang
Securities PCL. The Company has set the subscription dates to be during January
18, 2012 to March 21, 2012.
Bangkok Bank PCL Sells Shares in Sammitr Motors Manufacturing PCL
Dec 29, 2011
Bangkok Bank PCL (the Bank) announced that it has sold 19,693,375 shares or 20%
stake in Sammitr Motors Manufacturing PCL (SMM), a Manufacturer of auto parts,
with a total paid up capital of 98,500,000 shares, and par value of THB 5.00
per share, to Sammitr Autopart Co Ltd, worth THB 8.00 per share, or a total
value of THB 157,547,000. Upon completion, the Bank holds 9.99% from 29.99% in
SMM.
Bangkok Bank PCL Announces a Tender Offer Plan to Purchase All Shares of Bualuang Securities PCL
Nov 15, 2011
Bangkok Bank PCL announced that the Company has planned to purchase all shares
issued by Bualuang Securities PCL (BLS) currently owned by other shareholders for
delisting purpose. The offer price is THB 22 per share. The transaction is
pending for the Board and shareholders meeting.
Bangkok Bank PCL to Pay H1 FY 2011 Dividend
Aug 26, 2011
Bangkok Bank PCL announced that it is to pay interim dividends for the first
half of fiscal year 2011 of THB 2.00 per share on September 23, 2011, to
shareholders of record on September 9, 2011. It paid dividends for the first
half of fiscal year 2010 of THB 1.50 per share.
Annual Profit & Loss
Financials
in: USD (mil)
Except
for share items (millions) and per share items (actual units)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
34.331774 |
33.367913 |
34.251325 |
37.915929 |
40.262008 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
Yes |
|
|
|
|
|
|
|
|
Profit Before Taxes |
853.0 |
883.8 |
833.8 |
611.6 |
562.6 |
|
Profit After Taxes |
608.6 |
609.1 |
564.6 |
474.1 |
505.9 |
|
Audit Fees |
0.4 |
0.4 |
0.0 |
0.0 |
0.0 |
|
Directors Remuneration |
2,807.0 |
- |
2,808.1 |
- |
- |
Annual
Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate |
33.34 |
34.78 |
33.685 |
36.15 |
41 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
Yes |
|
|
|
|
|
|
|
|
Total Tangible Fixed Assets |
2,251.3 |
886.2 |
1,196.4 |
2,066.4 |
2,217.2 |
|
Investments |
10,292.2 |
9,195.6 |
9,262.3 |
4,789.5 |
7,464.2 |
|
Total Fixed Assets |
12,543.5 |
10,081.8 |
10,458.7 |
6,855.9 |
9,681.4 |
|
Cash and Equivalents |
- |
- |
- |
- |
834.7 |
|
Other Current Assets |
40,603.8 |
38,138.8 |
36,830.5 |
34,460.8 |
23,602.0 |
|
Total Current Assets |
40,603.8 |
38,138.8 |
36,830.5 |
34,460.8 |
24,436.7 |
|
Total Assets |
53,147.3 |
48,220.6 |
47,289.2 |
41,316.7 |
34,118.1 |
|
Bank Overdraft |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Bank Loan Overdrafts |
0.0 |
0.0 |
0.0 |
0.0 |
- |
|
Total Short Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Current Liabilities |
47,092.7 |
42,786.3 |
42,085.7 |
36,932.0 |
30,708.1 |
|
Total Current Liabilities |
47,092.7 |
42,786.3 |
42,085.7 |
36,932.0 |
30,708.1 |
|
Total Long Term Loans |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Long Term Liabilities |
152.6 |
403.4 |
276.1 |
283.3 |
2,453.1 |
|
Total Long Term Liabilities |
152.7 |
403.4 |
276.1 |
283.3 |
2,453.2 |
|
Total Liabilities |
626.7 |
584.4 |
574.1 |
497.2 |
496.7 |
|
Retained Earnings |
2,862.2 |
5,030.8 |
1,901.9 |
2,014.7 |
235.8 |
|
Other Reserves |
777.3 |
- |
786.1 |
- |
609.8 |
|
Total Reserve |
3,639.5 |
5,030.8 |
2,688.0 |
2,014.7 |
845.6 |
|
Total Shareholders Funds |
5,902.1 |
5,030.8 |
4,927.4 |
4,101.5 |
956.9 |
|
Net Worth |
5,902.1 |
5,030.8 |
4,927.4 |
4,101.5 |
956.9 |
Annual
Cash Flows
Financials in: USD (mil)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
34.331774 |
33.367913 |
34.251325 |
37.915929 |
40.262008 |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
Yes |
|
|
|
|
|
|
|
|
Retained Profits |
608.6 |
- |
- |
- |
- |
|
Net Cash Flow From Operating Activities |
1,324.2 |
-1,049.8 |
-663.6 |
-1,156.5 |
504.3 |
|
Net Cash Flow from ROI and Servicing of Finance |
0.0 |
- |
- |
- |
- |
|
Taxation |
244.5 |
274.7 |
269.2 |
137.6 |
56.7 |
|
Paid Up Equity |
2,197.2 |
- |
2,202.4 |
1,989.5 |
113.3 |
|
Net Cash Flow Before Financing |
0.0 |
- |
- |
- |
- |
|
Net Cash Flow From Financing |
0.0 |
- |
- |
- |
- |
|
Increase in Cash |
-166.8 |
173.5 |
75.9 |
-29.2 |
91.1 |
|
Contingent Liability |
0.0 |
- |
- |
- |
- |
Annual Ratios
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
31-Dec-2006 |
31-Dec-2005 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
- |
- |
- |
- |
- |
|
Exchange Rate |
- |
- |
- |
- |
- |
|
Consolidated |
Yes |
Yes |
Yes |
Yes |
Yes |
|
|
|
|
|
|
|
|
Current Ratio |
0.86 |
0.89 |
0.88 |
0.93 |
0.80 |
|
Solvency Ratio |
11.11% |
10.43% |
10.42% |
9.93% |
2.80% |
|
Return on Capital Employed |
14.88% |
16.85% |
17.21% |
15.64% |
57.74% |
|
Return on Assets |
1.65% |
1.76% |
1.79% |
1.55% |
1.62% |
|
Current Debt Ratio |
7.98 |
8.50 |
8.54 |
9.00 |
32.09 |
|
Return On Short Term Debt |
1.87% |
1.98% |
2.01% |
1.74% |
1.80% |
|
Long Term Debt Ratio |
0.03 |
0.07 |
0.05 |
0.06 |
0.72 |
|
Total Debt Ratio |
8.00 |
8.59 |
8.60 |
9.07 |
34.66 |
|
Debt Asset Ratio |
88.61% |
88.73% |
89.00% |
89.39% |
90.01% |
|
Working Finance |
26,595.89% |
9,454.50% |
13,340.16% |
12,165.62% |
996.13% |
|
Return on Shareholders Funds |
14.88% |
16.85% |
17.21% |
15.64% |
57.73% |
|
Fixed Asset Investment |
0.24 |
0.21 |
0.22 |
0.17 |
0.28 |
|
Shareholder Liquidity |
38.66 |
12.47 |
17.85 |
14.48 |
0.39 |
|
Post Tax Result to Net Worth |
10.62% |
11.62% |
11.65% |
12.12% |
51.91% |
|
Post Tax Result to Total Assets |
1.18% |
1.21% |
1.21% |
1.20% |
1.46% |
|
Post Tax Loss to Net Worth |
0.11 |
0.12 |
0.12 |
0.12 |
0.52 |
|
Financial Strength Ratio |
0.89 |
0.97 |
0.93 |
1.00 |
3.36 |
|
Reserve Movement |
-30.65% |
93.24% |
24.32% |
110.09% |
205,790.30% |
Annual
Income Statement
Financials
in: USD (mil)
Except
for share items (millions) and per share items (actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Restated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
30.484713 |
31.724617 |
34.331774 |
33.367913 |
34.251325 |
|
Auditor |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Interest & Fees on Loans |
2,221.9 |
1,677.1 |
1,560.2 |
1,924.2 |
1,713.0 |
|
Interest & Dividends on Investment
Securities |
249.3 |
213.8 |
254.2 |
336.7 |
380.5 |
|
Interest on Deposits |
213.0 |
115.8 |
83.4 |
155.3 |
249.5 |
|
Other Interest Income |
0.0 |
0.0 |
- |
- |
- |
|
Interest Income, Bank |
2,684.2 |
2,006.7 |
1,897.9 |
2,416.1 |
2,343.0 |
|
Interest on Deposit |
805.8 |
486.5 |
375.4 |
739.0 |
911.5 |
|
Interest on Other Borrowings |
149.8 |
82.3 |
83.9 |
90.9 |
58.9 |
|
Total Interest Expense |
955.6 |
568.8 |
459.3 |
830.0 |
970.4 |
|
Net Interest Income |
1,728.6 |
1,437.9 |
1,438.6 |
1,586.2 |
1,372.6 |
|
|
|
|
|
|
|
|
Loan Loss Provision |
394.5 |
238.5 |
221.3 |
197.1 |
162.9 |
|
Net Interest Income after Loan Loss Provision |
1,334.1 |
1,199.4 |
1,217.3 |
1,389.0 |
1,209.7 |
|
|
|
|
|
|
|
|
Fees & Commissions from Operations |
765.4 |
694.4 |
588.4 |
549.9 |
487.4 |
|
Investment Securities Gains |
64.6 |
133.1 |
13.8 |
-89.4 |
17.6 |
|
Foreign Currency Gains |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Other Unusual Income |
0.0 |
0.1 |
0.0 |
0.0 |
0.0 |
|
Other Revenue |
130.9 |
82.8 |
25.7 |
16.6 |
15.2 |
|
Non-Interest Income, Bank |
1,139.7 |
1,103.3 |
782.6 |
646.3 |
676.1 |
|
Labor & Related Expenses |
-594.8 |
-513.3 |
-440.3 |
-428.0 |
-366.4 |
|
Other Unusual Expense |
- |
- |
- |
- |
0.0 |
|
Other Expense |
-758.8 |
-644.8 |
-712.5 |
-723.5 |
-685.6 |
|
Non-Interest Expense, Bank |
-1,353.6 |
-1,158.1 |
-1,152.8 |
-1,151.6 |
-1,052.0 |
|
Income Before Tax |
1,120.2 |
1,144.6 |
847.1 |
883.8 |
833.8 |
|
|
|
|
|
|
|
|
Total Income Tax |
213.1 |
362.6 |
244.5 |
274.7 |
269.2 |
|
Income After Tax |
907.0 |
782.0 |
602.6 |
609.1 |
564.6 |
|
|
|
|
|
|
|
|
Minority Interest |
-10.3 |
-6.8 |
-3.7 |
-2.4 |
-3.5 |
|
Net Income Before Extraord Items |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
Net Income |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Basic EPS Excl Extraord Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Basic/Primary EPS Incl Extraord Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
- |
- |
|
Diluted Net Income |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
Diluted Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Diluted EPS Excl Extraord Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Diluted EPS Incl Extraord Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Dividends per Share - Common Stock Primary Issue |
0.18 |
0.14 |
0.09 |
0.09 |
0.08 |
|
Gross Dividends - Common Stock |
344.4 |
274.4 |
169.0 |
174.8 |
155.5 |
|
Depreciation, Supplemental |
99.2 |
96.9 |
87.5 |
92.2 |
88.3 |
|
Total Special Items |
-39.9 |
-75.1 |
-33.2 |
-39.9 |
-38.6 |
|
Normalized Income Before Tax |
1,080.3 |
1,069.5 |
813.9 |
843.9 |
795.2 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
-7.6 |
-23.8 |
-9.6 |
-12.4 |
-12.5 |
|
Inc Tax Ex Impact of Sp Items |
205.5 |
338.8 |
234.9 |
262.3 |
256.7 |
|
Normalized Income After Tax |
874.8 |
730.6 |
579.0 |
581.6 |
538.5 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
864.5 |
723.9 |
575.3 |
579.2 |
535.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.45 |
0.38 |
0.30 |
0.30 |
0.28 |
|
Diluted Normalized EPS |
0.45 |
0.38 |
0.30 |
0.30 |
0.28 |
|
Amort of Intangibles, Supplemental |
4.0 |
4.7 |
- |
- |
- |
|
Bank Total Revenue |
2,868.3 |
2,541.3 |
2,221.2 |
2,232.5 |
2,048.7 |
|
Interest Cost - Domestic |
5.8 |
5.0 |
- |
- |
- |
|
Service Cost - Domestic |
9.4 |
8.5 |
- |
- |
- |
|
Prior Service Cost - Domestic |
-0.3 |
0.1 |
- |
- |
- |
|
Actuarial Gains and Losses - Domestic |
15.8 |
- |
- |
- |
- |
|
Domestic Pension Plan Expense |
30.8 |
13.6 |
- |
- |
- |
|
Total Pension Expense |
30.8 |
13.6 |
- |
- |
- |
|
Discount Rate - Domestic |
1.70% |
1.82% |
- |
- |
- |
|
Compensation Rate - Domestic |
15.00% |
9.00% |
- |
- |
- |
|
Total Plan Interest Cost |
5.8 |
5.0 |
- |
- |
- |
|
Total Plan Service Cost |
9.4 |
8.5 |
- |
- |
- |
Annual
Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
Restated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate |
31.55 |
30.145 |
33.34 |
34.78 |
33.685 |
|
Auditor |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Due from Banks |
1,435.5 |
1,343.8 |
1,073.2 |
1,193.4 |
1,060.3 |
|
Interest-earning Deposits |
8,179.8 |
11,460.3 |
6,921.9 |
3,993.6 |
5,265.4 |
|
Fed Funds Sold/Securities Purch Under Resale
Agrmnt |
- |
- |
- |
0.0 |
302.8 |
|
Total Investment Securities |
10,724.6 |
9,940.0 |
10,468.6 |
8,422.0 |
9,349.7 |
|
Customer Acceptances |
9.0 |
22.3 |
12.4 |
14.2 |
16.5 |
|
Other Earning Assets, Total |
18,913.4 |
21,422.5 |
17,402.9 |
12,429.8 |
14,934.4 |
|
Total Gross Loans |
46,770.5 |
41,774.3 |
34,357.0 |
34,060.5 |
31,027.7 |
|
Loan Loss Allowances |
-2,685.8 |
-2,403.5 |
-1,954.0 |
-1,735.2 |
-2,002.9 |
|
Unearned Income |
-33.3 |
-16.2 |
- |
- |
- |
|
Net Loans |
44,051.4 |
39,354.6 |
32,403.0 |
32,325.2 |
29,024.7 |
|
Buildings |
1,114.7 |
1,162.2 |
887.3 |
843.2 |
861.8 |
|
Land/Improvements |
618.5 |
642.4 |
497.2 |
475.0 |
471.1 |
|
Machinery/Equipment |
639.3 |
649.9 |
576.6 |
590.9 |
565.8 |
|
Other
Property/Plant/Equipment |
23.3 |
7.3 |
38.6 |
37.0 |
8.5 |
|
Property/Plant/Equipment - Gross |
2,395.8 |
2,461.9 |
1,999.7 |
1,946.1 |
1,907.2 |
|
Accumulated Depreciation |
-1,278.9 |
-1,250.7 |
-1,114.7 |
-1,059.9 |
-1,010.9 |
|
Property/Plant/Equipment - Net |
1,117.0 |
1,211.1 |
884.9 |
886.2 |
896.2 |
|
Intangibles - Gross |
50.1 |
48.3 |
- |
- |
- |
|
Accumulated Intangible Amortization |
-39.7 |
-37.5 |
- |
- |
- |
|
Intangibles, Net |
10.5 |
10.8 |
- |
- |
- |
|
LT Investment - Affiliate Companies |
22.4 |
21.2 |
16.9 |
11.5 |
9.5 |
|
Long Term Investments |
22.4 |
21.2 |
16.9 |
11.5 |
9.5 |
|
Other Real Estate Owned |
806.9 |
956.4 |
1,006.9 |
1,034.5 |
1,196.4 |
|
Other Assets |
423.1 |
356.6 |
359.5 |
339.9 |
257.8 |
|
Other Assets, Total |
1,230.0 |
1,312.9 |
1,366.4 |
1,374.4 |
1,454.2 |
|
Total Assets |
66,780.1 |
64,677.0 |
53,147.3 |
48,220.6 |
47,379.3 |
|
|
|
|
|
|
|
|
Non-Interest Bearing Deposits |
2,878.5 |
4,363.1 |
238.6 |
218.4 |
195.4 |
|
Interest Bearing Deposits |
50,327.5 |
46,256.0 |
43,256.2 |
39,407.4 |
39,630.2 |
|
Total Deposits |
53,206.1 |
50,619.1 |
43,494.8 |
39,625.8 |
39,825.7 |
|
Acceptances Outstanding |
9.0 |
22.3 |
12.4 |
14.2 |
16.5 |
|
Other Bearing Liabilities |
- |
- |
- |
- |
282.0 |
|
Other Bearing Liabilities, Total |
9.0 |
22.3 |
12.4 |
14.2 |
298.4 |
|
Other Short Term Borrowings |
- |
- |
2,146.0 |
1,720.4 |
1,011.5 |
|
Total Short Term Borrowings |
- |
- |
2,146.0 |
1,720.4 |
1,011.5 |
|
Long Term Debt |
3,706.1 |
4,308.5 |
257.2 |
267.2 |
256.6 |
|
Total Long Term Debt |
3,706.1 |
4,308.5 |
257.2 |
267.2 |
256.6 |
|
Total Debt |
3,706.1 |
4,308.5 |
2,403.2 |
1,987.6 |
1,268.1 |
|
|
|
|
|
|
|
|
Minority Interest |
27.6 |
25.8 |
20.2 |
18.1 |
19.5 |
|
Other Liabilities |
2,103.4 |
2,052.6 |
1,427.8 |
1,544.0 |
1,040.2 |
|
Other Liabilities, Total |
2,103.4 |
2,052.6 |
1,427.8 |
1,544.0 |
1,040.2 |
|
Total Liabilities |
59,052.2 |
57,028.2 |
47,358.5 |
43,189.7 |
42,451.9 |
|
|
|
|
|
|
|
|
Common Stock |
605.0 |
633.2 |
572.5 |
548.8 |
566.7 |
|
Common Stock |
605.0 |
633.2 |
572.5 |
548.8 |
566.7 |
|
Additional Paid-In Capital |
1,785.9 |
1,869.2 |
1,690.0 |
1,620.1 |
1,672.7 |
|
Retained Earnings (Accumulated Deficit) |
5,336.9 |
5,146.4 |
2,749.0 |
2,285.4 |
1,901.9 |
|
Unrealized Gain (Loss) |
- |
- |
396.0 |
170.6 |
351.1 |
|
Translation Adjustment |
- |
- |
-62.1 |
-45.0 |
-57.6 |
|
Other Equity |
- |
- |
443.4 |
451.0 |
492.5 |
|
Other Equity, Total |
- |
- |
381.2 |
405.9 |
435.0 |
|
Total Equity |
7,727.9 |
7,648.8 |
5,788.8 |
5,030.8 |
4,927.4 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
66,780.1 |
64,677.0 |
53,147.3 |
48,220.6 |
47,379.3 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Total Common Shares Outstanding |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Treasury Shares - Common Stock Primary Issue |
- |
- |
- |
0.0 |
0.0 |
|
Shares Outstanding - Preferred Stock Primary
Issue |
- |
- |
- |
0.0 |
0.0 |
|
Total Preferred Stock Outstanding |
- |
- |
- |
0.0 |
0.0 |
|
Employees |
21,503 |
21,229 |
- |
21,192 |
20,074 |
|
Accumulated Intangible Amort, Suppl. |
39.7 |
37.5 |
- |
- |
- |
|
Total Risk-Weighted Capital |
47.8 |
44.7 |
36.7 |
36.5 |
31.3 |
|
Tier 1 Capital % |
12.21% |
12.51% |
12.55% |
11.17% |
12.00% |
|
Total Capital % |
15.35% |
16.09% |
15.51% |
13.79% |
14.50% |
|
Total Operating Leases, Supplemental |
18.3 |
19.0 |
- |
- |
- |
|
Operating Lease Payments Due in Year 1 |
3.5 |
4.3 |
- |
- |
- |
|
Operating Lease Payments Due in Year 2 |
1.8 |
1.8 |
- |
- |
- |
|
Operating Lease Payments Due in Year 3 |
1.8 |
1.8 |
- |
- |
- |
|
Operating Lease Payments Due in Year 4 |
1.8 |
1.8 |
- |
- |
- |
|
Operating Lease Payments Due in Year 5 |
1.8 |
1.8 |
- |
- |
- |
|
Operating Lease Pymts. Due in 2-3 Years |
3.6 |
3.6 |
- |
- |
- |
|
Operating Lease Pymts. Due in 4-5 Years |
3.6 |
3.6 |
- |
- |
- |
|
Oper. Lse. Pymts. Due in Year 6 & Beyond |
7.6 |
7.6 |
- |
- |
- |
|
Plan Assets - Domestic |
10.7 |
8.9 |
- |
- |
- |
|
Funded Status - Domestic |
10.7 |
8.9 |
- |
- |
- |
|
Unfunded Plan Obligations |
153.2 |
139.9 |
- |
- |
- |
|
Total Funded Status |
-142.5 |
-131.0 |
- |
- |
- |
|
Discount Rate - Domestic |
1.70% |
1.82% |
- |
- |
- |
|
Compensation Rate - Domestic |
15.00% |
9.00% |
- |
- |
- |
|
Total Plan Obligations |
153.2 |
139.9 |
- |
- |
- |
|
Total Plan Assets |
10.7 |
8.9 |
- |
- |
- |
Annual
Cash Flows
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Reclassified
Normal |
Updated Normal |
Reclassified
Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
30.484713 |
31.724617 |
34.331774 |
33.367913 |
34.251325 |
|
Auditor |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
1,120.2 |
1,144.6 |
847.1 |
883.8 |
833.8 |
|
Depreciation |
114.3 |
109.7 |
98.3 |
104.4 |
101.2 |
|
Depreciation/Depletion |
114.3 |
109.7 |
98.3 |
104.4 |
101.2 |
|
Unusual Items |
45.2 |
20.8 |
26.6 |
164.1 |
64.2 |
|
Equity in Net Earnings (Loss) |
-2.8 |
-2.9 |
-5.7 |
-2.8 |
-2.7 |
|
Other Non-Cash Items |
949.9 |
586.5 |
462.8 |
821.5 |
952.8 |
|
Non-Cash Items |
992.2 |
604.3 |
483.6 |
982.7 |
1,014.3 |
|
Loan Loss Provision |
394.5 |
238.5 |
221.3 |
197.1 |
162.9 |
|
Other Assets |
2,087.6 |
-3,951.0 |
-2,716.6 |
530.2 |
-1,369.8 |
|
Other Liabilities |
4,735.4 |
3,117.1 |
2,316.4 |
2,191.0 |
2,598.4 |
|
Other Operating Cash Flow |
-1,253.0 |
-752.7 |
-824.7 |
-1,207.4 |
-1,271.6 |
|
Investment Securities, Gains/Losses |
-65.8 |
-134.6 |
-23.1 |
-30.3 |
-58.0 |
|
Loans, Gains/Losses |
-7,120.5 |
-3,584.4 |
921.9 |
-4,701.3 |
-2,674.8 |
|
Changes in Working Capital |
-1,221.8 |
-5,067.1 |
-104.8 |
-3,020.6 |
-2,612.9 |
|
Cash from Operating Activities |
1,004.8 |
-3,208.5 |
1,324.2 |
-1,049.8 |
-663.6 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-53.9 |
-45.7 |
-62.1 |
-108.9 |
-63.8 |
|
Capital Expenditures |
-53.9 |
-45.7 |
-62.1 |
-108.9 |
-63.8 |
|
Acquisition of Business |
- |
- |
-1.3 |
2.4 |
0.0 |
|
Sale of Business |
0.3 |
0.1 |
0.0 |
-0.4 |
-4.1 |
|
Sale of Fixed Assets |
0.9 |
0.4 |
0.5 |
1.2 |
0.5 |
|
Sale/Maturity of Investment |
8,751.8 |
8,756.9 |
5,759.1 |
6,012.7 |
6,928.5 |
|
Purchase of Investments |
-9,195.1 |
-6,183.3 |
-7,016.2 |
-4,511.2 |
-5,695.0 |
|
Other Investing Cash Flow |
0.2 |
0.2 |
- |
- |
- |
|
Other Investing Cash Flow Items, Total |
-441.8 |
2,574.3 |
-1,257.8 |
1,504.6 |
1,229.9 |
|
Cash from Investing Activities |
-495.7 |
2,528.6 |
-1,319.9 |
1,395.7 |
1,166.1 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-7.0 |
-3.7 |
-2.2 |
-3.2 |
-2.2 |
|
Financing Cash Flow Items |
-7.0 |
-3.7 |
-2.2 |
-3.2 |
-2.2 |
|
Cash Dividends Paid - Common |
-344.4 |
-270.8 |
-166.8 |
-171.6 |
-153.3 |
|
Total Cash Dividends Paid |
-344.4 |
-270.8 |
-166.8 |
-171.6 |
-153.3 |
|
Long Term Debt Issued |
- |
1,123.2 |
- |
1.8 |
2.5 |
|
Long Term Debt
Reduction |
-1.2 |
- |
-1.4 |
-0.2 |
-272.9 |
|
Long Term Debt, Net |
-1.2 |
1,123.2 |
-1.4 |
1.6 |
-270.4 |
|
Issuance (Retirement) of Debt, Net |
-1.2 |
1,123.2 |
-1.4 |
1.6 |
-270.4 |
|
Cash from Financing Activities |
-352.6 |
848.8 |
-170.4 |
-173.2 |
-425.8 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
2.9 |
-4.8 |
-0.7 |
0.8 |
-0.7 |
|
Net Change in Cash |
159.3 |
164.2 |
-166.8 |
173.5 |
75.9 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
1,358.6 |
1,141.3 |
1,209.0 |
1,070.3 |
966.8 |
|
Net Cash - Ending Balance |
1,517.9 |
1,305.5 |
1,042.2 |
1,243.9 |
1,042.7 |
|
Cash Interest Paid |
844.9 |
477.8 |
573.6 |
905.1 |
1,054.6 |
|
Cash Taxes Paid |
408.1 |
274.8 |
251.1 |
302.4 |
217.0 |
Annual
Income Statement
|
Financials in:
USD (mil) Except for share
items (millions) and per share items (actual units) |
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Restated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
30.484713 |
31.724617 |
34.331774 |
33.367913 |
34.251325 |
|
Auditor |
Deloitte |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Inc.
Interbank/Mkt. |
213.0 |
115.8 |
83.4 |
155.3 |
249.5 |
|
Investments and
trading transactions |
8.2 |
3.2 |
254.2 |
336.7 |
380.5 |
|
Investment in debt
securities |
241.1 |
210.6 |
- |
- |
- |
|
Interest on Loans |
2,221.9 |
1,677.1 |
1,560.2 |
1,924.2 |
1,713.0 |
|
Rounding |
0.0 |
0.0 |
- |
- |
- |
|
Total Revenue |
2,684.2 |
2,006.7 |
1,897.9 |
2,416.1 |
2,343.0 |
|
|
|
|
|
|
|
|
Impairment loss of
loans and debt securi |
394.5 |
238.5 |
- |
- |
- |
|
Interest on
deposits |
551.4 |
279.5 |
- |
- |
- |
|
Exp.Interbank/Mkt. |
77.5 |
51.4 |
26.2 |
23.2 |
56.1 |
|
Contribution to
deposits |
176.9 |
155.6 |
- |
- |
- |
|
Interest on debt
issued |
144.0 |
79.4 |
- |
- |
- |
|
Interest on
borrowings |
5.8 |
2.7 |
- |
- |
- |
|
Others |
0.0 |
0.2 |
- |
- |
- |
|
Interest expenses |
- |
- |
349.1 |
715.8 |
855.3 |
|
S/T Borrowings |
- |
- |
41.7 |
48.6 |
17.0 |
|
L/T Borrowings |
- |
- |
42.2 |
42.3 |
41.9 |
|
Bad Debt/Doubtful |
- |
- |
261.1 |
19.9 |
177.1 |
|
Loss Debt
Restruct. |
- |
- |
-39.8 |
177.3 |
-14.2 |
|
Total Operating
Expense |
1,350.1 |
807.3 |
680.6 |
1,027.1 |
1,133.3 |
|
|
|
|
|
|
|
|
Fee/service
inc.-Accept., aval/guarantee |
- |
- |
2.6 |
2.8 |
2.1 |
|
Fees and service
income - Others |
- |
- |
585.8 |
547.2 |
485.3 |
|
Fees and service
income |
765.4 |
694.4 |
- |
- |
- |
|
Fee/Service
Expense |
-170.8 |
-149.5 |
-127.4 |
-120.7 |
-111.9 |
|
Gains on tradings
and foreign exchange t |
138.9 |
117.9 |
121.5 |
129.3 |
117.4 |
|
Gains on
investments |
64.6 |
133.1 |
13.8 |
-89.4 |
17.6 |
|
Gains on disposal
of assets |
39.9 |
75.1 |
33.2 |
39.9 |
38.6 |
|
Dividend income |
89.5 |
57.9 |
- |
- |
- |
|
Equity in Assoc. |
2.8 |
2.9 |
5.7 |
2.8 |
2.7 |
|
Other Revenue |
38.6 |
22.0 |
20.0 |
13.8 |
12.5 |
|
Employee's
expenses |
-591.0 |
-509.4 |
-437.5 |
-425.2 |
-363.6 |
|
Directors'
remuneration |
-3.8 |
-3.9 |
-2.8 |
-2.9 |
-2.8 |
|
Premises and
equipment expenses |
-264.2 |
-258.5 |
-224.3 |
-216.9 |
-189.1 |
|
Taxes and duties |
-103.7 |
-84.4 |
-74.4 |
-80.9 |
-89.1 |
|
Other expenses |
-220.1 |
-152.4 |
-145.5 |
-162.0 |
-157.8 |
|
Fund Contributions |
- |
- |
-140.8 |
-143.1 |
-137.7 |
|
Loss on Assets
Transferred to TAMC |
- |
- |
- |
- |
0.0 |
|
Rounding |
0.0 |
0.0 |
- |
- |
- |
|
Total
Non-Interest Revenue |
1,139.7 |
1,103.3 |
782.6 |
646.3 |
676.1 |
|
|
|
|
|
|
|
|
Total
Non-Interest Expense |
-1,353.6 |
-1,158.1 |
-1,152.8 |
-1,151.6 |
-1,052.0 |
|
|
|
|
|
|
|
|
Net Income
Before Taxes |
1,120.2 |
1,144.6 |
847.1 |
883.8 |
833.8 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
213.1 |
362.6 |
244.5 |
274.7 |
269.2 |
|
Net Income After
Taxes |
907.0 |
782.0 |
602.6 |
609.1 |
564.6 |
|
|
|
|
|
|
|
|
Non-controlling
interest |
-10.3 |
-6.8 |
-3.7 |
-2.4 |
-3.5 |
|
Net Income
Before Extra. Items |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
Net Income |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Income Available
to Com Excl ExtraOrd |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Income Available
to Com Incl ExtraOrd |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Basic EPS Including ExtraOrdinary Item |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
- |
- |
|
Diluted Net Income |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
Diluted Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Diluted EPS Excluding ExtraOrd Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Diluted EPS Including ExtraOrd Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
DPS-Common Stock |
0.18 |
0.14 |
0.09 |
0.09 |
0.08 |
|
Gross Dividends - Common Stock |
344.4 |
274.4 |
169.0 |
174.8 |
155.5 |
|
Normalized
Income Before Taxes |
1,080.3 |
1,069.5 |
813.9 |
843.9 |
795.2 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
205.5 |
338.8 |
234.9 |
262.3 |
256.7 |
|
Normalized
Income After Taxes |
874.8 |
730.6 |
579.0 |
581.6 |
538.5 |
|
|
|
|
|
|
|
|
Normalized Inc.
Avail to Com. |
864.5 |
723.9 |
575.3 |
579.2 |
535.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.45 |
0.38 |
0.30 |
0.30 |
0.28 |
|
Diluted Normalized EPS |
0.45 |
0.38 |
0.30 |
0.30 |
0.28 |
|
Depreciation |
99.2 |
96.9 |
87.5 |
92.2 |
88.3 |
|
Amort of Intangibles, Supplemental |
4.0 |
4.7 |
- |
- |
- |
|
Service Cost - Domestic |
9.4 |
8.5 |
- |
- |
- |
|
Interest Cost - Domestic |
5.8 |
5.0 |
- |
- |
- |
|
Prior Service Cost - Domestic |
-0.3 |
0.1 |
- |
- |
- |
|
Actuarial Gains and Losses - Domestic |
15.8 |
- |
- |
- |
- |
|
Domestic Pension Plan Expense |
30.8 |
13.6 |
- |
- |
- |
|
Total Pension Expense |
30.8 |
13.6 |
- |
- |
- |
|
Discount Rate - Domestic |
1.70% |
1.82% |
- |
- |
- |
|
Compensation Rate - Domestic |
15.00% |
9.00% |
- |
- |
- |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
Restated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate |
31.55 |
30.145 |
33.34 |
34.78 |
33.685 |
|
Auditor |
Deloitte |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash |
1,435.5 |
1,343.8 |
1,073.2 |
1,193.4 |
1,060.3 |
|
Interbank/Money
Market Items |
8,179.8 |
11,460.3 |
- |
- |
- |
|
Claim on security |
5.3 |
0.0 |
- |
- |
- |
|
Derivative assets |
321.1 |
505.3 |
193.3 |
272.5 |
96.9 |
|
Investment, net |
10,398.3 |
9,434.6 |
- |
- |
- |
|
Investments
Subsidiaries/Associates |
22.4 |
21.2 |
16.9 |
11.5 |
9.5 |
|
Loans to customers |
46,638.6 |
41,685.6 |
34,291.8 |
33,962.5 |
30,935.9 |
|
Accrued Interest |
131.9 |
88.7 |
65.2 |
97.9 |
91.8 |
|
Less Deferred
revenue |
-33.3 |
-16.2 |
- |
- |
- |
|
Less Allowance for
doubtful accounts |
-2,535.4 |
-2,250.9 |
-1,815.1 |
-1,552.0 |
-1,881.8 |
|
Debt Restructure |
-150.4 |
-152.6 |
-138.8 |
-183.2 |
-121.2 |
|
Prop. for Sale,
net |
806.9 |
956.4 |
1,006.9 |
1,034.5 |
1,196.4 |
|
Other intangible
assets, gross |
50.1 |
48.3 |
- |
- |
- |
|
Amortization |
-39.7 |
-37.5 |
- |
- |
- |
|
Domestic Items -
Interest Bearing |
- |
- |
4,015.5 |
343.8 |
115.7 |
|
Domestic Items -
Non-Interest Bearing |
- |
- |
234.4 |
166.8 |
259.8 |
|
Foreign Items -
Interest Bearing |
- |
- |
2,220.0 |
2,510.7 |
4,728.7 |
|
Foreign Items -
Non-Interest Bearing |
- |
- |
452.0 |
972.2 |
161.1 |
|
Securities under
Repurchased Agreements |
- |
- |
- |
0.0 |
302.8 |
|
Current
Investments |
- |
- |
3,282.2 |
3,471.6 |
4,238.7 |
|
Long Term
Investments |
- |
- |
6,993.1 |
4,677.9 |
5,014.1 |
|
Customers lia.
under acc. |
9.0 |
22.3 |
12.4 |
14.2 |
16.5 |
|
Other Assets |
423.1 |
356.5 |
359.5 |
339.9 |
257.8 |
|
Land |
618.5 |
642.4 |
497.2 |
475.0 |
471.1 |
|
Premises |
1,114.7 |
1,162.2 |
887.3 |
843.2 |
861.8 |
|
Equipment |
639.3 |
649.9 |
576.6 |
590.9 |
565.8 |
|
Oth. Fixed Asset |
23.3 |
7.3 |
38.6 |
37.0 |
8.5 |
|
Accumulated
Depreciation |
-1,278.9 |
-1,250.7 |
-1,114.7 |
-1,059.9 |
-1,010.9 |
|
Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Assets |
66,780.1 |
64,677.0 |
53,147.3 |
48,220.6 |
47,379.3 |
|
|
|
|
|
|
|
|
Baht Deposits |
50,327.5 |
46,256.0 |
37,315.8 |
34,531.5 |
34,624.0 |
|
Interbank/Money
Market Items |
2,878.5 |
4,363.1 |
- |
- |
- |
|
Pay. on Demand |
227.2 |
230.7 |
239.0 |
156.7 |
169.3 |
|
Liability to
Delivery Security |
8.5 |
0.0 |
- |
- |
- |
|
Derivative liabity |
481.7 |
283.5 |
- |
- |
- |
|
Acceptance
Liabilities |
9.0 |
22.3 |
12.4 |
14.2 |
16.5 |
|
Provision |
306.5 |
297.6 |
261.4 |
118.1 |
118.8 |
|
Other Liability |
1,079.5 |
1,240.9 |
783.6 |
832.5 |
662.0 |
|
Foreign Deposits |
- |
- |
3,497.5 |
3,487.1 |
3,297.1 |
|
Domestic Items -
Interest Bearing |
- |
- |
1,073.3 |
350.2 |
491.7 |
|
Domestic Items -
Non-Interest Bearing |
- |
- |
113.6 |
134.0 |
113.7 |
|
Foreign Items -
Interest Bearing |
- |
- |
1,369.6 |
1,038.6 |
1,217.5 |
|
Foreign Items -
Non-Interest Bearing |
- |
- |
125.1 |
84.4 |
81.8 |
|
Interest Payable |
- |
- |
- |
- |
282.0 |
|
Derivatives
Revaluation |
- |
- |
143.8 |
436.7 |
90.1 |
|
S/T Borrowings |
- |
- |
2,146.0 |
1,720.4 |
1,011.5 |
|
Debt issued and LT
borrowings |
3,706.1 |
4,308.5 |
257.2 |
267.2 |
256.6 |
|
Total Long Term
Debt |
3,706.1 |
4,308.5 |
257.2 |
267.2 |
256.6 |
|
|
|
|
|
|
|
|
Minority Int. |
27.6 |
25.8 |
20.2 |
18.1 |
19.5 |
|
Total
Liabilities |
59,052.2 |
57,028.2 |
47,358.5 |
43,189.7 |
42,451.9 |
|
|
|
|
|
|
|
|
Share Capital |
605.0 |
633.2 |
572.5 |
548.8 |
566.7 |
|
Prem. Ord. Share |
1,785.9 |
1,869.2 |
1,690.0 |
1,620.1 |
1,672.7 |
|
Land Appraisal |
- |
- |
305.7 |
293.0 |
302.6 |
|
Premises Appr. |
- |
- |
137.7 |
157.9 |
189.9 |
|
Unreal. Invest. |
- |
- |
394.7 |
169.3 |
397.9 |
|
For.Exch. Adjust |
- |
- |
-62.1 |
-45.0 |
-57.6 |
|
Unrlz. Gain on
Sale of Shares-Subs. |
- |
- |
1.4 |
1.3 |
1.3 |
|
Legal Reserves |
507.1 |
497.6 |
419.9 |
373.8 |
356.2 |
|
Retained
Earnings-Other |
2,107.8 |
2,040.1 |
1,694.7 |
1,337.0 |
1,083.6 |
|
Unappropriated |
1,384.9 |
1,068.6 |
634.4 |
574.7 |
462.1 |
|
Unreal. Security |
- |
- |
- |
- |
-48.1 |
|
Other reserves |
1,337.2 |
1,540.1 |
- |
- |
- |
|
Total Equity |
7,727.9 |
7,648.8 |
5,788.8 |
5,030.8 |
4,927.4 |
|
|
|
|
|
|
|
|
Total
Liabilities & Shareholders' Equity |
66,780.1 |
64,677.0 |
53,147.3 |
48,220.6 |
47,379.3 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Total Common
Shares Outstanding |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
T/S-Common Stock |
- |
- |
- |
0.0 |
0.0 |
|
S/O-Preferred
Stock |
- |
- |
- |
0.0 |
0.0 |
|
Total Preferred
Shares Outstanding |
- |
- |
- |
0.0 |
0.0 |
|
Accumulated Intangible Amort, Suppl. |
39.7 |
37.5 |
- |
- |
- |
|
Total Capital to Risk Weighted Assets |
15.35% |
16.09% |
15.51% |
13.79% |
14.50% |
|
Tier 1 Capital to Risk Weighted Assets |
12.21% |
12.51% |
12.55% |
11.17% |
12.00% |
|
Total Risk Weight Capital |
47,808.6 |
44,651.8 |
36,741.1 |
36,514.3 |
31,289.0 |
|
Full-Time Employees |
21,503 |
21,229 |
- |
21,192 |
20,074 |
|
Operating Lease Pymts. Due within 1Year |
3.5 |
4.3 |
- |
- |
- |
|
Operating Lease Payments Due in Year 5 |
7.2 |
7.1 |
- |
- |
- |
|
Operating Leases - Remaining Payments |
7.6 |
7.6 |
- |
- |
- |
|
Total Operating Leases |
18.3 |
19.0 |
- |
- |
- |
|
Unfunded Plan Obligations |
153.2 |
139.9 |
- |
- |
- |
|
Plan Assets - Domestic |
10.7 |
8.9 |
- |
- |
- |
|
Funded Status - Domestic |
10.7 |
8.9 |
- |
- |
- |
|
Total Funded Status |
-142.5 |
-131.0 |
- |
- |
- |
|
Discount Rate - Domestic |
1.70% |
1.82% |
- |
- |
- |
|
Compensation Rate - Domestic |
15.00% |
9.00% |
- |
- |
- |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Reclassified
Normal |
Updated Normal |
Reclassified
Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
30.484713 |
31.724617 |
34.331774 |
33.367913 |
34.251325 |
|
Auditor |
Deloitte |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income |
1,120.2 |
1,144.6 |
847.1 |
883.8 |
833.8 |
|
Depreciation |
114.3 |
109.7 |
98.3 |
104.4 |
101.2 |
|
Bad Debt/Doubtful |
382.7 |
233.8 |
261.1 |
19.9 |
177.1 |
|
Debt Restructuring |
11.8 |
4.8 |
-39.8 |
177.3 |
-14.2 |
|
Foreign Exchange |
60.4 |
-0.8 |
-34.2 |
8.9 |
46.2 |
|
Amort. of Disc. on
Invest. in Debt Secs. |
-35.4 |
-0.2 |
-3.7 |
-51.2 |
-90.8 |
|
Reval. Secur.
Invest |
- |
-2.4 |
2.3 |
-1.7 |
-1.4 |
|
Transfer Investments |
0.8 |
0.0 |
3.4 |
0.9 |
-0.4 |
|
Disp. Invest. Sec. |
-65.8 |
-134.6 |
-23.1 |
-30.3 |
-58.0 |
|
Unrealized loss on
revaluationSecurities |
2.7 |
2.1 |
5.4 |
126.9 |
45.8 |
|
Impairment of
Investment |
1.2 |
- |
- |
- |
- |
|
Equity in
Subs/Assoc |
-2.8 |
-2.9 |
-5.7 |
-2.8 |
-2.7 |
|
Subsidiary
Dividend |
- |
- |
2.2 |
0.7 |
0.2 |
|
Impair. Foreclosed |
39.9 |
16.5 |
18.8 |
22.9 |
16.0 |
|
Sale of Assets |
-0.9 |
-0.3 |
-0.5 |
-0.4 |
-0.4 |
|
Loss on Assets
Transferred to TAMC |
- |
- |
- |
- |
0.0 |
|
Revaluation of
Land and Premiese |
- |
2.8 |
- |
- |
- |
|
Loss on Impairment
of Premises, Equip. |
- |
- |
0.0 |
1.0 |
3.1 |
|
Impair. Oth.
Assets |
2.2 |
2.0 |
0.5 |
15.3 |
1.1 |
|
Provision for
Contingencies Expense |
0.5 |
2.7 |
8.6 |
3.2 |
26.6 |
|
Loan Redemption |
- |
- |
- |
0.0 |
0.0 |
|
Net interest
income |
-1,728.6 |
-1,438.0 |
- |
- |
- |
|
Dividend income |
-89.5 |
-57.9 |
- |
- |
- |
|
Int.
Rec./Dividends |
- |
- |
-1,897.9 |
-2,416.1 |
-2,343.0 |
|
Interest Expense |
- |
- |
459.3 |
830.0 |
970.4 |
|
Proceeds from
Interest income |
2,617.3 |
2,006.5 |
- |
- |
- |
|
Proceeds from
Dividend |
89.5 |
57.8 |
- |
- |
- |
|
Proceeds from
Interest and Dividend |
- |
- |
1,943.3 |
2,434.5 |
2,335.5 |
|
Interest Expenses
Paid |
-844.9 |
-477.8 |
-573.6 |
-905.1 |
-1,054.6 |
|
Accr. Other
receivables |
-0.1 |
-0.2 |
-1.9 |
-1.0 |
-0.3 |
|
Accr. Other
Expenses |
34.9 |
16.5 |
-16.3 |
11.6 |
8.5 |
|
Securities -
Resale |
- |
- |
- |
305.7 |
636.5 |
|
Interbank/Market
Itm |
2,879.1 |
-3,601.8 |
-2,685.8 |
1,130.5 |
-627.5 |
|
Trading Securites |
-1,011.4 |
-248.4 |
-282.9 |
-809.2 |
-1,607.6 |
|
Loans |
-7,120.5 |
-3,584.4 |
921.9 |
-4,701.3 |
-2,674.8 |
|
Property
Foreclosed |
147.8 |
166.9 |
169.3 |
205.6 |
149.0 |
|
Other Assets |
72.1 |
-267.7 |
82.8 |
-302.4 |
79.8 |
|
Deposits (Liab.) |
6,345.7 |
1,061.4 |
1,119.3 |
1,346.1 |
1,428.3 |
|
Interbank/Mkt
Liab. |
-1,335.4 |
1,327.8 |
975.8 |
-247.5 |
427.6 |
|
Secur.-Repurch.
Liab |
- |
- |
73.4 |
-7.6 |
-14.8 |
|
S/T Borrowings |
-517.1 |
489.2 |
341.9 |
773.1 |
764.6 |
|
Other Liabilites |
235.1 |
270.6 |
-194.0 |
326.9 |
-7.2 |
|
Demand Pay. Liab. |
7.0 |
-32.0 |
- |
- |
- |
|
Income Tax Paid |
-408.1 |
-274.8 |
-251.1 |
-302.4 |
-217.0 |
|
Cash from
Operating Activities |
1,004.8 |
-3,208.5 |
1,324.2 |
-1,049.8 |
-663.6 |
|
|
|
|
|
|
|
|
Purch. Securities |
-6,801.4 |
-4,973.2 |
-5,766.2 |
-3,857.4 |
-4,109.7 |
|
Sale Securities |
6,131.6 |
6,913.7 |
4,629.4 |
3,971.0 |
5,774.1 |
|
Purch. Debt
Security |
-2,218.5 |
-1,080.1 |
-1,179.2 |
-511.9 |
-1,502.2 |
|
Maturity Debt Sec. |
2,498.5 |
1,772.5 |
1,078.7 |
1,962.5 |
1,101.0 |
|
Purch. General
Inv. |
-175.3 |
-130.1 |
-70.8 |
-141.9 |
-83.1 |
|
Disposal General
Inv |
121.7 |
70.8 |
51.0 |
79.2 |
53.4 |
|
Purchase of
Investment in Subsidairy |
- |
- |
-1.3 |
2.4 |
0.0 |
|
Disp.
Subsid/Assoc. |
0.3 |
0.1 |
0.0 |
-0.4 |
-4.1 |
|
Dividend
income-sub/asso. |
0.2 |
0.2 |
- |
- |
- |
|
Capital
Expenditures |
-53.9 |
-45.7 |
-62.1 |
-108.9 |
-63.8 |
|
Sale
Premises/Equip. |
0.9 |
0.4 |
0.5 |
1.2 |
0.5 |
|
Cash from
Investing Activities |
-495.7 |
2,528.6 |
-1,319.9 |
1,395.7 |
1,166.1 |
|
|
|
|
|
|
|
|
Extinguish Conv.
Bond |
- |
- |
- |
0.0 |
-272.9 |
|
Debenture |
- |
1,118.3 |
- |
- |
- |
|
Redemption Prior
Mat. Sub. Debentures |
- |
- |
0.0 |
-0.2 |
0.0 |
|
Dividend Paid |
-344.4 |
-270.8 |
-166.8 |
-171.6 |
-153.3 |
|
Increase in
Borrowings |
- |
4.9 |
- |
1.8 |
2.5 |
|
Decrease in
Borrowings |
-1.2 |
- |
-1.4 |
- |
- |
|
Dividend for
Minority Interest |
-7.0 |
-3.7 |
-2.2 |
-3.2 |
-2.2 |
|
Cash from
Financing Activities |
-352.6 |
848.8 |
-170.4 |
-173.2 |
-425.8 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
2.9 |
-4.8 |
-0.7 |
0.8 |
-0.7 |
|
Net Change in
Cash |
159.3 |
164.2 |
-166.8 |
173.5 |
75.9 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
1,358.6 |
1,141.3 |
1,209.0 |
1,070.3 |
966.8 |
|
Net Cash - Ending Balance |
1,517.9 |
1,305.5 |
1,042.2 |
1,243.9 |
1,042.7 |
|
Cash Interest Paid |
844.9 |
477.8 |
573.6 |
905.1 |
1,054.6 |
|
Cash Taxes Paid |
408.1 |
274.8 |
251.1 |
302.4 |
217.0 |
Financial
Health
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
Key
Indicators USD (mil) |
||||||
|
 |
Quarter |
Quarter |
Annual |
1 Year |
3 Year |
5 Year |
|
Total Revenue1 |
754.5 |
8.82% |
2,868.3 |
8.46% |
5.49% |
4.29% |
|
Income Available to Common Excl Extraord Items1 |
283.8 |
19.83% |
896.8 |
11.16% |
10.53% |
8.89% |
|
Basic EPS Excl Extraord Items1 |
0.15 |
19.83% |
0.47 |
11.16% |
10.53% |
8.89% |
|
Capital Expenditures2 |
11.2 |
65.68% |
53.9 |
13.33% |
-23.26% |
-3.95% |
|
Cash from Operating Activities2 |
-626.9 |
- |
1,004.8 |
- |
- |
- |
|
Free Cash Flow |
-639.9 |
- |
918.8 |
- |
- |
- |
|
Total Assets3 |
69,203.7 |
9.78% |
66,780.1 |
8.06% |
7.90% |
7.12% |
|
Total Liabilities3 |
61,242.1 |
10.08% |
59,052.2 |
8.38% |
7.44% |
6.73% |
|
Total Long Term Debt3 |
2,417.4 |
-33.89% |
3,706.1 |
-9.97% |
132.58% |
64.89% |
|
Employees3 |
- |
- |
21503 |
1.29% |
0.49% |
2.25% |
|
Total Common Shares Outstanding3 |
1,908.8 |
0.00% |
1,908.8 |
0.00% |
0.00% |
0.00% |
|
1-ExchangeRate: THB to USD Average for Period |
31.268341 |
 |
30.484713 |
 |
 |
 |
|
2-ExchangeRate: THB to USD Average for Period |
31.004083 |
 |
30.484713 |
 |
 |
 |
|
3-ExchangeRate: THB to USD Period End Date |
31.913802 |
 |
31.550000 |
 |
 |
 |
|
Banking Industry
Specific USD (mil) |
||||||
|
 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
|
Interest Income, Bank1 |
2,684.2 |
2,006.7 |
1,897.9 |
2,416.1 |
2,343.0 |
|
|
Total Interest Expense1 |
955.6 |
568.8 |
459.3 |
830.0 |
970.4 |
|
|
Loan Loss Provision1 |
394.5 |
238.5 |
221.3 |
197.1 |
162.9 |
|
|
Cash & Due from Banks3 |
1,435.5 |
1,343.8 |
1,073.2 |
1,193.4 |
1,060.3 |
|
|
Loan Loss Provision2 |
394.5 |
238.5 |
221.3 |
197.1 |
162.9 |
|
|
Total Deposits3 |
53,206.1 |
50,619.1 |
43,494.8 |
39,625.8 |
39,825.7 |
|
|
1-ExchangeRate: THB to USD Average for
Period |
30.484713 |
31.724617 |
34.331774 |
33.367913 |
34.251325 |
|
|
2-ExchangeRate: THB to USD Average for
Period |
30.484713 |
31.724617 |
34.331774 |
33.367913 |
34.251325 |
|
|
3-ExchangeRate: THB to USD Period End Date |
31.550000 |
30.145000 |
33.340000 |
34.780000 |
33.685000 |
|
.
|
Key Ratios |
|||||
|
 |
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Profitability |
|||||
|
Pretax Margin |
41.73% |
57.04% |
44.63% |
36.58% |
35.59% |
|
Net Profit Margin |
33.41% |
38.63% |
31.56% |
25.11% |
23.95% |
|
Financial
Strength |
|||||
|
Long Term Debt/Equity |
0.48 |
0.56 |
0.04 |
0.05 |
0.05 |
|
Total Debt/Equity |
0.48 |
0.56 |
0.42 |
0.40 |
0.26 |
|
Management
Effectiveness |
|||||
|
Return on Assets |
1.36% |
1.33% |
1.20% |
1.24% |
1.25% |
|
Return on Equity |
11.53% |
11.61% |
11.18% |
11.87% |
12.23% |
|
Efficiency |
|||||
|
Receivables Turnover |
0.07 |
0.07 |
0.07 |
0.07 |
0.08 |
|
Asset Turnover |
0.04 |
0.04 |
0.04 |
0.05 |
0.05 |
|
Market Valuation USD (mil) |
||||
|
P/E (TTM) |
11.95 |
. |
Enterprise Value2 |
12,560.9 |
|
Price/Sales (TTM) |
3.99 |
. |
Price/Book (MRQ) |
1.43 |
|
Enterprise Value/EBITDA (TTM) |
10.42 |
. |
Market Cap1 |
11,516.8 |
|
1-ExchangeRate: THB to USD on 27-Jul-2012 |
31.574201 |
|
|
|
|
2-ExchangeRate: THB to USD on 30-Jun-2012 |
31.913802 |
Annual
Ratios
|
Financials in: USD (mil) Except for share items
(millions) and per share items (actual units) |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Annual Income Statement Standardized
|
Financials
in: USD (mil) Except
for share items (millions) and per share items (actual units) |
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Restated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
30.484713 |
31.724617 |
34.331774 |
33.367913 |
34.251325 |
|
Auditor |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Interest & Fees on Loans |
2,221.9 |
1,677.1 |
1,560.2 |
1,924.2 |
1,713.0 |
|
Interest & Dividends on Investment
Securities |
249.3 |
213.8 |
254.2 |
336.7 |
380.5 |
|
Interest on Deposits |
213.0 |
115.8 |
83.4 |
155.3 |
249.5 |
|
Other Interest Income |
0.0 |
0.0 |
- |
- |
- |
|
Interest Income, Bank |
2,684.2 |
2,006.7 |
1,897.9 |
2,416.1 |
2,343.0 |
|
Interest on Deposit |
805.8 |
486.5 |
375.4 |
739.0 |
911.5 |
|
Interest on Other Borrowings |
149.8 |
82.3 |
83.9 |
90.9 |
58.9 |
|
Total Interest Expense |
955.6 |
568.8 |
459.3 |
830.0 |
970.4 |
|
Net Interest Income |
1,728.6 |
1,437.9 |
1,438.6 |
1,586.2 |
1,372.6 |
|
|
|
|
|
|
|
|
Loan Loss Provision |
394.5 |
238.5 |
221.3 |
197.1 |
162.9 |
|
Net Interest Income after Loan Loss Provision |
1,334.1 |
1,199.4 |
1,217.3 |
1,389.0 |
1,209.7 |
|
|
|
|
|
|
|
|
Fees & Commissions from Operations |
765.4 |
694.4 |
588.4 |
549.9 |
487.4 |
|
Investment Securities Gains |
64.6 |
133.1 |
13.8 |
-89.4 |
17.6 |
|
Foreign Currency Gains |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
|
Other Unusual Income |
0.0 |
0.1 |
0.0 |
0.0 |
0.0 |
|
Other Revenue |
130.9 |
82.8 |
25.7 |
16.6 |
15.2 |
|
Non-Interest Income, Bank |
1,139.7 |
1,103.3 |
782.6 |
646.3 |
676.1 |
|
Labor & Related Expenses |
-594.8 |
-513.3 |
-440.3 |
-428.0 |
-366.4 |
|
Other Unusual Expense |
- |
- |
- |
- |
0.0 |
|
Other Expense |
-758.8 |
-644.8 |
-712.5 |
-723.5 |
-685.6 |
|
Non-Interest Expense, Bank |
-1,353.6 |
-1,158.1 |
-1,152.8 |
-1,151.6 |
-1,052.0 |
|
Income Before Tax |
1,120.2 |
1,144.6 |
847.1 |
883.8 |
833.8 |
|
|
|
|
|
|
|
|
Total Income Tax |
213.1 |
362.6 |
244.5 |
274.7 |
269.2 |
|
Income After Tax |
907.0 |
782.0 |
602.6 |
609.1 |
564.6 |
|
|
|
|
|
|
|
|
Minority Interest |
-10.3 |
-6.8 |
-3.7 |
-2.4 |
-3.5 |
|
Net Income Before Extraord Items |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
Net Income |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Basic EPS Excl Extraord Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Basic/Primary EPS Incl Extraord Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
- |
- |
|
Diluted Net Income |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
Diluted Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Diluted EPS Excl Extraord Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Diluted EPS Incl Extraord Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Dividends per Share - Common Stock Primary Issue |
0.18 |
0.14 |
0.09 |
0.09 |
0.08 |
|
Gross Dividends - Common Stock |
344.4 |
274.4 |
169.0 |
174.8 |
155.5 |
|
Depreciation, Supplemental |
99.2 |
96.9 |
87.5 |
92.2 |
88.3 |
|
Total Special Items |
-39.9 |
-75.1 |
-33.2 |
-39.9 |
-38.6 |
|
Normalized Income Before Tax |
1,080.3 |
1,069.5 |
813.9 |
843.9 |
795.2 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
-7.6 |
-23.8 |
-9.6 |
-12.4 |
-12.5 |
|
Inc Tax Ex Impact of Sp Items |
205.5 |
338.8 |
234.9 |
262.3 |
256.7 |
|
Normalized Income After Tax |
874.8 |
730.6 |
579.0 |
581.6 |
538.5 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
864.5 |
723.9 |
575.3 |
579.2 |
535.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.45 |
0.38 |
0.30 |
0.30 |
0.28 |
|
Diluted Normalized EPS |
0.45 |
0.38 |
0.30 |
0.30 |
0.28 |
|
Amort of Intangibles, Supplemental |
4.0 |
4.7 |
- |
- |
- |
|
Bank Total Revenue |
2,868.3 |
2,541.3 |
2,221.2 |
2,232.5 |
2,048.7 |
|
Interest Cost - Domestic |
5.8 |
5.0 |
- |
- |
- |
|
Service Cost - Domestic |
9.4 |
8.5 |
- |
- |
- |
|
Prior Service Cost - Domestic |
-0.3 |
0.1 |
- |
- |
- |
|
Actuarial Gains and Losses - Domestic |
15.8 |
- |
- |
- |
- |
|
Domestic Pension Plan Expense |
30.8 |
13.6 |
- |
- |
- |
|
Total Pension Expense |
30.8 |
13.6 |
- |
- |
- |
|
Discount Rate - Domestic |
1.70% |
1.82% |
- |
- |
- |
|
Compensation Rate - Domestic |
15.00% |
9.00% |
- |
- |
- |
|
Total Plan Interest Cost |
5.8 |
5.0 |
- |
- |
- |
|
Total Plan Service Cost |
9.4 |
8.5 |
- |
- |
- |
Interim Income Statement
Standardized
|
Financials
in: USD (mil) Except
for share items (millions) and per share items (actual units) |
|
|
30-Jun-2012 |
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
|
Period Length |
3 Months |
3 Months |
3 Months |
3 Months |
3 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Reclassified
Normal |
Updated Normal |
Reclassified
Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
31.268341 |
31.004083 |
31.002903 |
30.136505 |
30.267151 |
|
|
|
|
|
|
|
|
Interest & Fees on Loans |
620.3 |
604.9 |
724.6 |
595.2 |
543.9 |
|
Interest & Dividends on Investment
Securities |
72.0 |
67.6 |
- |
67.0 |
60.6 |
|
Interest on Deposits |
53.7 |
51.9 |
- |
56.3 |
50.6 |
|
Other Non-Bank Income |
- |
0.0 |
- |
0.0 |
- |
|
Interest Income, Bank |
746.0 |
724.4 |
724.6 |
718.5 |
655.1 |
|
Interest on Deposit |
300.4 |
251.3 |
277.2 |
217.9 |
222.8 |
|
Interest on Other Borrowings |
- |
46.6 |
- |
40.9 |
- |
|
Total Interest Expense |
300.4 |
297.9 |
277.2 |
258.8 |
222.8 |
|
Net Interest Income |
445.6 |
426.5 |
447.4 |
459.7 |
432.2 |
|
|
|
|
|
|
|
|
Loan Loss Provision |
53.2 |
49.5 |
227.3 |
55.9 |
50.8 |
|
Net Interest Income after Loan Loss Provision |
392.4 |
377.0 |
220.1 |
403.8 |
381.5 |
|
|
|
|
|
|
|
|
Fees & Commissions from Operations |
199.5 |
202.4 |
176.1 |
194.3 |
194.6 |
|
Investment Securities Gains |
6.5 |
16.1 |
19.9 |
4.2 |
25.2 |
|
Foreign Currency Gains |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Unusual Income |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Other Revenue |
35.1 |
28.8 |
26.5 |
43.8 |
26.9 |
|
Non-Interest Income, Bank |
308.9 |
299.3 |
270.8 |
295.0 |
284.0 |
|
Labor & Related Expenses |
-154.4 |
-148.2 |
-164.7 |
-148.3 |
-141.7 |
|
Other Expense |
-209.4 |
-178.2 |
-218.7 |
-181.6 |
-190.1 |
|
Non-Interest Expense, Bank |
-363.8 |
-326.4 |
-383.3 |
-329.8 |
-331.8 |
|
Income Before Tax |
337.4 |
349.9 |
107.6 |
369.0 |
333.7 |
|
|
|
|
|
|
|
|
Total Income Tax |
53.2 |
88.7 |
-84.8 |
115.3 |
87.2 |
|
Income After Tax |
284.3 |
261.3 |
192.3 |
253.7 |
246.5 |
|
|
|
|
|
|
|
|
Minority Interest |
-0.5 |
-0.5 |
-1.7 |
-3.1 |
-1.8 |
|
Net Income Before Extraord Items |
283.8 |
260.7 |
190.7 |
250.6 |
244.7 |
|
Net Income |
283.8 |
260.7 |
190.7 |
250.6 |
244.7 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
283.8 |
260.7 |
190.7 |
250.6 |
244.7 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
283.8 |
260.7 |
190.7 |
250.6 |
244.7 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Basic EPS Excl Extraord Items |
0.15 |
0.14 |
0.10 |
0.13 |
0.13 |
|
Basic/Primary EPS Incl Extraord Items |
0.15 |
0.14 |
0.10 |
0.13 |
0.13 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
283.8 |
260.7 |
190.7 |
250.6 |
244.7 |
|
Diluted Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Diluted EPS Excl Extraord Items |
0.15 |
0.14 |
0.10 |
0.13 |
0.13 |
|
Diluted EPS Incl Extraord Items |
0.15 |
0.14 |
0.10 |
0.13 |
0.13 |
|
Dividends per Share - Common Stock Primary Issue |
0.00 |
0.00 |
0.00 |
0.07 |
0.12 |
|
Gross Dividends - Common Stock |
0.0 |
0.0 |
0.0 |
126.7 |
220.7 |
|
Depreciation, Supplemental |
- |
27.6 |
- |
28.9 |
- |
|
Total Special Items |
-21.7 |
-15.0 |
-11.1 |
-12.5 |
-8.4 |
|
Normalized Income Before Tax |
315.7 |
334.9 |
96.5 |
356.4 |
325.3 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
-3.4 |
-3.8 |
-3.9 |
-3.9 |
-2.2 |
|
Inc Tax Ex Impact of Sp Items |
49.7 |
84.9 |
-88.7 |
111.4 |
85.0 |
|
Normalized Income After Tax |
266.0 |
250.1 |
185.1 |
245.1 |
240.3 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
265.5 |
249.5 |
183.5 |
242.0 |
238.5 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.14 |
0.13 |
0.10 |
0.13 |
0.12 |
|
Diluted Normalized EPS |
0.14 |
0.13 |
0.10 |
0.13 |
0.12 |
|
Bank Total Revenue |
754.5 |
725.8 |
718.2 |
754.7 |
716.2 |
Annual Balance Sheet Standardized
|
Financials
in: USD (mil) Except
for share items (millions) and per share items (actual units) |
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
Restated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate |
31.55 |
30.145 |
33.34 |
34.78 |
33.685 |
|
Auditor |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Due from Banks |
1,435.5 |
1,343.8 |
1,073.2 |
1,193.4 |
1,060.3 |
|
Interest-earning Deposits |
8,179.8 |
11,460.3 |
6,921.9 |
3,993.6 |
5,265.4 |
|
Fed Funds Sold/Securities Purch Under Resale
Agrmnt |
- |
- |
- |
0.0 |
302.8 |
|
Total Investment Securities |
10,724.6 |
9,940.0 |
10,468.6 |
8,422.0 |
9,349.7 |
|
Customer Acceptances |
9.0 |
22.3 |
12.4 |
14.2 |
16.5 |
|
Other Earning Assets, Total |
18,913.4 |
21,422.5 |
17,402.9 |
12,429.8 |
14,934.4 |
|
Total Gross Loans |
46,770.5 |
41,774.3 |
34,357.0 |
34,060.5 |
31,027.7 |
|
Loan Loss Allowances |
-2,685.8 |
-2,403.5 |
-1,954.0 |
-1,735.2 |
-2,002.9 |
|
Unearned Income |
-33.3 |
-16.2 |
- |
- |
- |
|
Net Loans |
44,051.4 |
39,354.6 |
32,403.0 |
32,325.2 |
29,024.7 |
|
Buildings |
1,114.7 |
1,162.2 |
887.3 |
843.2 |
861.8 |
|
Land/Improvements |
618.5 |
642.4 |
497.2 |
475.0 |
471.1 |
|
Machinery/Equipment |
639.3 |
649.9 |
576.6 |
590.9 |
565.8 |
|
Other
Property/Plant/Equipment |
23.3 |
7.3 |
38.6 |
37.0 |
8.5 |
|
Property/Plant/Equipment - Gross |
2,395.8 |
2,461.9 |
1,999.7 |
1,946.1 |
1,907.2 |
|
Accumulated Depreciation |
-1,278.9 |
-1,250.7 |
-1,114.7 |
-1,059.9 |
-1,010.9 |
|
Property/Plant/Equipment - Net |
1,117.0 |
1,211.1 |
884.9 |
886.2 |
896.2 |
|
Intangibles - Gross |
50.1 |
48.3 |
- |
- |
- |
|
Accumulated Intangible Amortization |
-39.7 |
-37.5 |
- |
- |
- |
|
Intangibles, Net |
10.5 |
10.8 |
- |
- |
- |
|
LT Investment - Affiliate Companies |
22.4 |
21.2 |
16.9 |
11.5 |
9.5 |
|
Long Term Investments |
22.4 |
21.2 |
16.9 |
11.5 |
9.5 |
|
Other Real Estate Owned |
806.9 |
956.4 |
1,006.9 |
1,034.5 |
1,196.4 |
|
Other Assets |
423.1 |
356.6 |
359.5 |
339.9 |
257.8 |
|
Other Assets, Total |
1,230.0 |
1,312.9 |
1,366.4 |
1,374.4 |
1,454.2 |
|
Total Assets |
66,780.1 |
64,677.0 |
53,147.3 |
48,220.6 |
47,379.3 |
|
|
|
|
|
|
|
|
Non-Interest Bearing Deposits |
2,878.5 |
4,363.1 |
238.6 |
218.4 |
195.4 |
|
Interest Bearing Deposits |
50,327.5 |
46,256.0 |
43,256.2 |
39,407.4 |
39,630.2 |
|
Total Deposits |
53,206.1 |
50,619.1 |
43,494.8 |
39,625.8 |
39,825.7 |
|
Acceptances Outstanding |
9.0 |
22.3 |
12.4 |
14.2 |
16.5 |
|
Other Bearing Liabilities |
- |
- |
- |
- |
282.0 |
|
Other Bearing Liabilities, Total |
9.0 |
22.3 |
12.4 |
14.2 |
298.4 |
|
Other Short Term Borrowings |
- |
- |
2,146.0 |
1,720.4 |
1,011.5 |
|
Total Short Term Borrowings |
- |
- |
2,146.0 |
1,720.4 |
1,011.5 |
|
Long Term Debt |
3,706.1 |
4,308.5 |
257.2 |
267.2 |
256.6 |
|
Total Long Term Debt |
3,706.1 |
4,308.5 |
257.2 |
267.2 |
256.6 |
|
Total Debt |
3,706.1 |
4,308.5 |
2,403.2 |
1,987.6 |
1,268.1 |
|
|
|
|
|
|
|
|
Minority Interest |
27.6 |
25.8 |
20.2 |
18.1 |
19.5 |
|
Other Liabilities |
2,103.4 |
2,052.6 |
1,427.8 |
1,544.0 |
1,040.2 |
|
Other Liabilities, Total |
2,103.4 |
2,052.6 |
1,427.8 |
1,544.0 |
1,040.2 |
|
Total Liabilities |
59,052.2 |
57,028.2 |
47,358.5 |
43,189.7 |
42,451.9 |
|
|
|
|
|
|
|
|
Common Stock |
605.0 |
633.2 |
572.5 |
548.8 |
566.7 |
|
Common Stock |
605.0 |
633.2 |
572.5 |
548.8 |
566.7 |
|
Additional Paid-In Capital |
1,785.9 |
1,869.2 |
1,690.0 |
1,620.1 |
1,672.7 |
|
Retained Earnings (Accumulated Deficit) |
5,336.9 |
5,146.4 |
2,749.0 |
2,285.4 |
1,901.9 |
|
Unrealized Gain (Loss) |
- |
- |
396.0 |
170.6 |
351.1 |
|
Translation Adjustment |
- |
- |
-62.1 |
-45.0 |
-57.6 |
|
Other Equity |
- |
- |
443.4 |
451.0 |
492.5 |
|
Other Equity, Total |
- |
- |
381.2 |
405.9 |
435.0 |
|
Total Equity |
7,727.9 |
7,648.8 |
5,788.8 |
5,030.8 |
4,927.4 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
66,780.1 |
64,677.0 |
53,147.3 |
48,220.6 |
47,379.3 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Total Common Shares Outstanding |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Treasury Shares - Common Stock Primary Issue |
- |
- |
- |
0.0 |
0.0 |
|
Shares Outstanding - Preferred Stock Primary
Issue |
- |
- |
- |
0.0 |
0.0 |
|
Total Preferred Stock Outstanding |
- |
- |
- |
0.0 |
0.0 |
|
Employees |
21,503 |
21,229 |
- |
21,192 |
20,074 |
|
Accumulated Intangible Amort, Suppl. |
39.7 |
37.5 |
- |
- |
- |
|
Total Risk-Weighted Capital |
47.8 |
44.7 |
36.7 |
36.5 |
31.3 |
|
Tier 1 Capital % |
12.21% |
12.51% |
12.55% |
11.17% |
12.00% |
|
Total Capital % |
15.35% |
16.09% |
15.51% |
13.79% |
14.50% |
|
Total Operating Leases, Supplemental |
18.3 |
19.0 |
- |
- |
- |
|
Operating Lease Payments Due in Year 1 |
3.5 |
4.3 |
- |
- |
- |
|
Operating Lease Payments Due in Year 2 |
1.8 |
1.8 |
- |
- |
- |
|
Operating Lease Payments Due in Year 3 |
1.8 |
1.8 |
- |
- |
- |
|
Operating Lease Payments Due in Year 4 |
1.8 |
1.8 |
- |
- |
- |
|
Operating Lease Payments Due in Year 5 |
1.8 |
1.8 |
- |
- |
- |
|
Operating Lease Pymts. Due in 2-3 Years |
3.6 |
3.6 |
- |
- |
- |
|
Operating Lease Pymts. Due in 4-5 Years |
3.6 |
3.6 |
- |
- |
- |
|
Oper. Lse. Pymts. Due in Year 6 & Beyond |
7.6 |
7.6 |
- |
- |
- |
|
Plan Assets - Domestic |
10.7 |
8.9 |
- |
- |
- |
|
Funded Status - Domestic |
10.7 |
8.9 |
- |
- |
- |
|
Unfunded Plan Obligations |
153.2 |
139.9 |
- |
- |
- |
|
Total Funded Status |
-142.5 |
-131.0 |
- |
- |
- |
|
Discount Rate - Domestic |
1.70% |
1.82% |
- |
- |
- |
|
Compensation Rate - Domestic |
15.00% |
9.00% |
- |
- |
- |
|
Total Plan Obligations |
153.2 |
139.9 |
- |
- |
- |
|
Total Plan Assets |
10.7 |
8.9 |
- |
- |
- |
Interim Balance Sheet
Standardized
|
Financials
in: USD (mil) Except
for share items (millions) and per share items (actual units) |
|
|
30-Jun-2012 |
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate |
31.913802 |
30.915001 |
31.55 |
31.085 |
30.725 |
|
|
|
|
|
|
|
|
Cash & Due from Banks |
1,252.7 |
1,171.4 |
1,435.5 |
1,080.5 |
1,177.7 |
|
Interest-earning Deposits |
9,427.1 |
10,282.6 |
8,179.8 |
6,709.0 |
9,312.7 |
|
Total Investment Securities |
10,400.2 |
11,222.3 |
10,724.6 |
11,893.8 |
10,426.7 |
|
Customer Acceptances |
12.2 |
15.3 |
9.0 |
12.6 |
12.2 |
|
Other Earning Assets, Total |
19,839.5 |
21,520.2 |
18,913.4 |
18,615.5 |
19,751.5 |
|
Total Gross Loans |
48,456.7 |
49,011.4 |
46,770.5 |
45,198.8 |
44,476.5 |
|
Loan Loss Allowances |
-2,658.9 |
-2,679.9 |
-2,685.8 |
-2,493.9 |
-2,454.2 |
|
Unearned Income |
-32.5 |
-38.8 |
-33.3 |
-36.9 |
-22.4 |
|
Net Loans |
45,765.3 |
46,292.8 |
44,051.4 |
42,667.9 |
42,000.0 |
|
Property/Plant/Equipment - Net |
1,079.6 |
1,121.5 |
1,116.9 |
1,133.0 |
1,162.6 |
|
Intangibles, Net |
8.8 |
9.7 |
10.5 |
12.0 |
12.6 |
|
LT Investment - Affiliate Companies |
23.0 |
23.2 |
22.4 |
22.3 |
22.1 |
|
Long Term Investments |
23.0 |
23.2 |
22.4 |
22.3 |
22.1 |
|
Other Real Estate Owned |
718.4 |
784.0 |
806.9 |
867.9 |
880.0 |
|
Other Assets |
516.4 |
422.4 |
423.1 |
411.5 |
472.9 |
|
Other Assets, Total |
1,234.8 |
1,206.4 |
1,230.0 |
1,279.4 |
1,352.9 |
|
Total Assets |
69,203.7 |
71,345.2 |
66,780.1 |
64,810.6 |
65,479.5 |
|
|
|
|
|
|
|
|
Non-Interest Bearing Deposits |
4,161.9 |
4,026.3 |
2,878.5 |
2,264.6 |
4,197.8 |
|
Interest Bearing Deposits |
52,418.4 |
53,225.6 |
50,327.5 |
49,346.7 |
47,866.9 |
|
Total Deposits |
56,580.3 |
57,251.8 |
53,206.1 |
51,611.3 |
52,064.7 |
|
Acceptances Outstanding |
12.2 |
15.3 |
9.0 |
12.6 |
12.2 |
|
Other Bearing Liabilities, Total |
12.2 |
15.3 |
9.0 |
12.6 |
12.2 |
|
Long Term Debt |
2,417.4 |
3,821.7 |
3,706.1 |
3,505.3 |
3,798.4 |
|
Total Long Term Debt |
2,417.4 |
3,821.7 |
3,706.1 |
3,505.3 |
3,798.4 |
|
Total Debt |
2,417.4 |
3,821.7 |
3,706.1 |
3,505.3 |
3,798.4 |
|
|
|
|
|
|
|
|
Minority Interest |
1.9 |
1.5 |
27.6 |
26.5 |
24.4 |
|
Other Liabilities |
2,230.2 |
2,070.5 |
2,103.4 |
2,139.7 |
1,888.3 |
|
Other Liabilities, Total |
2,230.2 |
2,070.5 |
2,103.4 |
2,139.7 |
1,888.3 |
|
Total Liabilities |
61,242.1 |
63,160.9 |
59,052.2 |
57,295.4 |
57,788.0 |
|
|
|
|
|
|
|
|
Common Stock |
598.1 |
617.4 |
605.0 |
614.1 |
621.3 |
|
Common Stock |
598.1 |
617.4 |
605.0 |
614.1 |
621.3 |
|
Additional Paid-In Capital |
1,765.6 |
1,822.6 |
1,785.9 |
1,812.7 |
1,833.9 |
|
Retained Earnings (Accumulated Deficit) |
5,597.9 |
5,744.2 |
5,336.9 |
5,088.4 |
5,236.4 |
|
Total Equity |
7,961.6 |
8,184.3 |
7,727.9 |
7,515.1 |
7,691.5 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
69,203.7 |
71,345.2 |
66,780.1 |
64,810.6 |
65,479.5 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Total Common Shares Outstanding |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Shares Outstanding - Preferred Stock Primary
Issue |
1.7 |
- |
1.7 |
- |
- |
|
Total Preferred Stock Outstanding |
1.7 |
- |
1.7 |
- |
- |
|
Employees |
- |
- |
21,503 |
- |
- |
|
Total Risk-Weighted Capital |
51.2 |
50.4 |
47.8 |
46.8 |
46.6 |
|
Tier 1 Capital % |
11.70% |
11.85% |
12.21% |
12.68% |
12.17% |
|
Total Capital % |
14.80% |
14.94% |
15.35% |
16.05% |
15.55% |
|
Total Operating Leases, Supplemental |
- |
- |
18.3 |
- |
- |
|
Operating Lease Payments Due in Year 1 |
- |
- |
3.5 |
- |
- |
|
Operating Lease Payments Due in Year 2 |
- |
- |
1.8 |
- |
- |
|
Operating Lease Payments Due in Year 3 |
- |
- |
1.8 |
- |
- |
|
Operating Lease Payments Due in Year 4 |
- |
- |
1.8 |
- |
- |
|
Operating Lease Payments Due in Year 5 |
- |
- |
1.8 |
- |
- |
|
Operating Lease Pymts. Due in 2-3 Years |
- |
- |
3.6 |
- |
- |
|
Operating Lease Pymts. Due in 4-5 Years |
- |
- |
3.6 |
- |
- |
|
Oper. Lse. Pymts. Due in Year 6 & Beyond |
- |
- |
7.6 |
- |
- |
|
Plan Assets - Domestic |
- |
- |
10.7 |
- |
- |
|
Funded Status - Domestic |
- |
- |
10.7 |
- |
- |
|
Unfunded Plan Obligations |
- |
- |
153.2 |
- |
- |
|
Total Funded Status |
- |
- |
-142.5 |
- |
- |
|
Discount Rate - Domestic |
- |
- |
1.70% |
- |
- |
|
Compensation Rate - Domestic |
- |
- |
15.00% |
- |
- |
|
Total Plan Obligations |
- |
- |
153.2 |
- |
- |
|
Total Plan Assets |
- |
- |
10.7 |
- |
- |
Annual Cash Flows Standardized
|
Financials
in: USD (mil) Except
for share items (millions) and per share items (actual units) |
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Reclassified
Normal |
Updated Normal |
Reclassified
Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
30.484713 |
31.724617 |
34.331774 |
33.367913 |
34.251325 |
|
Auditor |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
1,120.2 |
1,144.6 |
847.1 |
883.8 |
833.8 |
|
Depreciation |
114.3 |
109.7 |
98.3 |
104.4 |
101.2 |
|
Depreciation/Depletion |
114.3 |
109.7 |
98.3 |
104.4 |
101.2 |
|
Unusual Items |
45.2 |
20.8 |
26.6 |
164.1 |
64.2 |
|
Equity in Net Earnings (Loss) |
-2.8 |
-2.9 |
-5.7 |
-2.8 |
-2.7 |
|
Other Non-Cash Items |
949.9 |
586.5 |
462.8 |
821.5 |
952.8 |
|
Non-Cash Items |
992.2 |
604.3 |
483.6 |
982.7 |
1,014.3 |
|
Loan Loss Provision |
394.5 |
238.5 |
221.3 |
197.1 |
162.9 |
|
Other Assets |
2,087.6 |
-3,951.0 |
-2,716.6 |
530.2 |
-1,369.8 |
|
Other Liabilities |
4,735.4 |
3,117.1 |
2,316.4 |
2,191.0 |
2,598.4 |
|
Other Operating Cash Flow |
-1,253.0 |
-752.7 |
-824.7 |
-1,207.4 |
-1,271.6 |
|
Investment Securities, Gains/Losses |
-65.8 |
-134.6 |
-23.1 |
-30.3 |
-58.0 |
|
Loans, Gains/Losses |
-7,120.5 |
-3,584.4 |
921.9 |
-4,701.3 |
-2,674.8 |
|
Changes in Working Capital |
-1,221.8 |
-5,067.1 |
-104.8 |
-3,020.6 |
-2,612.9 |
|
Cash from Operating Activities |
1,004.8 |
-3,208.5 |
1,324.2 |
-1,049.8 |
-663.6 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-53.9 |
-45.7 |
-62.1 |
-108.9 |
-63.8 |
|
Capital Expenditures |
-53.9 |
-45.7 |
-62.1 |
-108.9 |
-63.8 |
|
Acquisition of Business |
- |
- |
-1.3 |
2.4 |
0.0 |
|
Sale of Business |
0.3 |
0.1 |
0.0 |
-0.4 |
-4.1 |
|
Sale of Fixed Assets |
0.9 |
0.4 |
0.5 |
1.2 |
0.5 |
|
Sale/Maturity of Investment |
8,751.8 |
8,756.9 |
5,759.1 |
6,012.7 |
6,928.5 |
|
Purchase of Investments |
-9,195.1 |
-6,183.3 |
-7,016.2 |
-4,511.2 |
-5,695.0 |
|
Other Investing Cash Flow |
0.2 |
0.2 |
- |
- |
- |
|
Other Investing Cash Flow Items, Total |
-441.8 |
2,574.3 |
-1,257.8 |
1,504.6 |
1,229.9 |
|
Cash from Investing Activities |
-495.7 |
2,528.6 |
-1,319.9 |
1,395.7 |
1,166.1 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-7.0 |
-3.7 |
-2.2 |
-3.2 |
-2.2 |
|
Financing Cash Flow Items |
-7.0 |
-3.7 |
-2.2 |
-3.2 |
-2.2 |
|
Cash Dividends Paid - Common |
-344.4 |
-270.8 |
-166.8 |
-171.6 |
-153.3 |
|
Total Cash Dividends Paid |
-344.4 |
-270.8 |
-166.8 |
-171.6 |
-153.3 |
|
Long Term Debt Issued |
- |
1,123.2 |
- |
1.8 |
2.5 |
|
Long Term Debt
Reduction |
-1.2 |
- |
-1.4 |
-0.2 |
-272.9 |
|
Long Term Debt, Net |
-1.2 |
1,123.2 |
-1.4 |
1.6 |
-270.4 |
|
Issuance (Retirement) of Debt, Net |
-1.2 |
1,123.2 |
-1.4 |
1.6 |
-270.4 |
|
Cash from Financing Activities |
-352.6 |
848.8 |
-170.4 |
-173.2 |
-425.8 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
2.9 |
-4.8 |
-0.7 |
0.8 |
-0.7 |
|
Net Change in Cash |
159.3 |
164.2 |
-166.8 |
173.5 |
75.9 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
1,358.6 |
1,141.3 |
1,209.0 |
1,070.3 |
966.8 |
|
Net Cash - Ending Balance |
1,517.9 |
1,305.5 |
1,042.2 |
1,243.9 |
1,042.7 |
|
Cash Interest Paid |
844.9 |
477.8 |
573.6 |
905.1 |
1,054.6 |
|
Cash Taxes Paid |
408.1 |
274.8 |
251.1 |
302.4 |
217.0 |
Interim Cash Flows Standardized
|
Financials
in: USD (mil) Except
for share items (millions) and per share items (actual units) |
|
|
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
31-Mar-2011 |
|
Period Length |
3 Months |
12 Months |
9 Months |
6 Months |
3 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Restated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
31.004083 |
30.484713 |
30.310418 |
30.401066 |
30.538187 |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
349.9 |
1,120.2 |
1,016.6 |
647.8 |
314.1 |
|
Depreciation |
27.6 |
114.3 |
86.8 |
57.9 |
28.9 |
|
Depreciation/Depletion |
27.6 |
114.3 |
86.8 |
57.9 |
28.9 |
|
Unusual Items |
4.9 |
45.2 |
17.8 |
16.3 |
12.7 |
|
Equity in Net Earnings (Loss) |
-0.4 |
-2.8 |
-2.4 |
-1.5 |
-0.7 |
|
Other Non-Cash Items |
315.4 |
949.9 |
697.5 |
447.9 |
222.7 |
|
Non-Cash Items |
320.0 |
992.2 |
712.9 |
462.7 |
234.6 |
|
Loan Loss Provision |
49.5 |
394.5 |
164.4 |
108.4 |
57.6 |
|
Other Assets |
-2,452.6 |
2,087.6 |
4,210.9 |
1,616.8 |
515.3 |
|
Other Liabilities |
2,706.2 |
4,735.4 |
1,972.8 |
1,773.7 |
1,003.6 |
|
Other Operating Cash Flow |
-230.3 |
-1,253.0 |
-965.0 |
-577.5 |
-192.4 |
|
Investment Securities, Gains/Losses |
-16.1 |
-65.8 |
-45.8 |
-41.7 |
-15.7 |
|
Loans, Gains/Losses |
-1,381.1 |
-7,120.5 |
-4,849.7 |
-3,557.3 |
-1,622.6 |
|
Changes in Working Capital |
-1,324.5 |
-1,221.8 |
487.5 |
-677.6 |
-254.2 |
|
Cash from Operating Activities |
-626.9 |
1,004.8 |
2,303.8 |
490.8 |
323.4 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-11.2 |
-53.9 |
-28.2 |
-21.2 |
-6.8 |
|
Capital Expenditures |
-11.2 |
-53.9 |
-28.2 |
-21.2 |
-6.8 |
|
Acquisition of Business |
-83.2 |
- |
- |
- |
0.0 |
|
Sale of Business |
- |
0.3 |
0.3 |
0.0 |
- |
|
Sale of Fixed Assets |
0.1 |
0.9 |
0.9 |
0.5 |
0.4 |
|
Sale/Maturity of Investment |
2,988.1 |
8,751.8 |
5,254.0 |
3,518.5 |
1,808.5 |
|
Purchase of Investments |
-2,564.4 |
-9,195.1 |
-7,404.4 |
-3,914.4 |
-2,352.4 |
|
Other Investing Cash Flow |
- |
0.2 |
0.2 |
0.2 |
- |
|
Other Investing Cash Flow Items, Total |
340.6 |
-441.8 |
-2,148.9 |
-395.2 |
-543.5 |
|
Cash from Investing Activities |
329.5 |
-495.7 |
-2,177.1 |
-416.4 |
-550.3 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-0.6 |
-7.0 |
-7.1 |
-6.3 |
-0.7 |
|
Financing Cash Flow Items |
-0.6 |
-7.0 |
-7.1 |
-6.3 |
-0.7 |
|
Cash Dividends Paid - Common |
- |
-344.4 |
-346.4 |
-219.8 |
- |
|
Total Cash Dividends Paid |
- |
-344.4 |
-346.4 |
-219.8 |
- |
|
Long Term Debt Issued |
- |
- |
- |
1.0 |
2.0 |
|
Long Term Debt
Reduction |
-0.8 |
-1.2 |
-0.1 |
- |
- |
|
Long Term Debt, Net |
-0.8 |
-1.2 |
-0.1 |
1.0 |
2.0 |
|
Issuance (Retirement) of Debt, Net |
-0.8 |
-1.2 |
-0.1 |
1.0 |
2.0 |
|
Cash from Financing Activities |
-1.4 |
-352.6 |
-353.5 |
-225.1 |
1.3 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-0.7 |
2.9 |
3.0 |
4.2 |
1.9 |
|
Net Change in Cash |
-299.6 |
159.3 |
-223.9 |
-146.4 |
-223.7 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
1,492.5 |
1,358.6 |
1,366.4 |
1,362.3 |
1,356.2 |
|
Net Cash - Ending Balance |
1,192.9 |
1,517.9 |
1,142.5 |
1,215.9 |
1,132.5 |
|
Cash Interest Paid |
220.8 |
844.9 |
560.6 |
362.7 |
187.9 |
|
Cash Taxes Paid |
9.5 |
408.1 |
404.4 |
214.9 |
4.5 |
Annual Income Statement As
Reported
|
Financials in:
USD (mil) Except for share
items (millions) and per share items (actual units) |
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Restated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
30.484713 |
31.724617 |
34.331774 |
33.367913 |
34.251325 |
|
Auditor |
Deloitte |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Inc.
Interbank/Mkt. |
213.0 |
115.8 |
83.4 |
155.3 |
249.5 |
|
Investments and
trading transactions |
8.2 |
3.2 |
254.2 |
336.7 |
380.5 |
|
Investment in debt
securities |
241.1 |
210.6 |
- |
- |
- |
|
Interest on Loans |
2,221.9 |
1,677.1 |
1,560.2 |
1,924.2 |
1,713.0 |
|
Rounding |
0.0 |
0.0 |
- |
- |
- |
|
Total Revenue |
2,684.2 |
2,006.7 |
1,897.9 |
2,416.1 |
2,343.0 |
|
|
|
|
|
|
|
|
Impairment loss of
loans and debt securi |
394.5 |
238.5 |
- |
- |
- |
|
Interest on
deposits |
551.4 |
279.5 |
- |
- |
- |
|
Exp.Interbank/Mkt. |
77.5 |
51.4 |
26.2 |
23.2 |
56.1 |
|
Contribution to
deposits |
176.9 |
155.6 |
- |
- |
- |
|
Interest on debt
issued |
144.0 |
79.4 |
- |
- |
- |
|
Interest on
borrowings |
5.8 |
2.7 |
- |
- |
- |
|
Others |
0.0 |
0.2 |
- |
- |
- |
|
Interest expenses |
- |
- |
349.1 |
715.8 |
855.3 |
|
S/T Borrowings |
- |
- |
41.7 |
48.6 |
17.0 |
|
L/T Borrowings |
- |
- |
42.2 |
42.3 |
41.9 |
|
Bad Debt/Doubtful |
- |
- |
261.1 |
19.9 |
177.1 |
|
Loss Debt
Restruct. |
- |
- |
-39.8 |
177.3 |
-14.2 |
|
Total Operating
Expense |
1,350.1 |
807.3 |
680.6 |
1,027.1 |
1,133.3 |
|
|
|
|
|
|
|
|
Fee/service
inc.-Accept., aval/guarantee |
- |
- |
2.6 |
2.8 |
2.1 |
|
Fees and service
income - Others |
- |
- |
585.8 |
547.2 |
485.3 |
|
Fees and service
income |
765.4 |
694.4 |
- |
- |
- |
|
Fee/Service
Expense |
-170.8 |
-149.5 |
-127.4 |
-120.7 |
-111.9 |
|
Gains on tradings
and foreign exchange t |
138.9 |
117.9 |
121.5 |
129.3 |
117.4 |
|
Gains on
investments |
64.6 |
133.1 |
13.8 |
-89.4 |
17.6 |
|
Gains on disposal
of assets |
39.9 |
75.1 |
33.2 |
39.9 |
38.6 |
|
Dividend income |
89.5 |
57.9 |
- |
- |
- |
|
Equity in Assoc. |
2.8 |
2.9 |
5.7 |
2.8 |
2.7 |
|
Other Revenue |
38.6 |
22.0 |
20.0 |
13.8 |
12.5 |
|
Employee's
expenses |
-591.0 |
-509.4 |
-437.5 |
-425.2 |
-363.6 |
|
Directors'
remuneration |
-3.8 |
-3.9 |
-2.8 |
-2.9 |
-2.8 |
|
Premises and
equipment expenses |
-264.2 |
-258.5 |
-224.3 |
-216.9 |
-189.1 |
|
Taxes and duties |
-103.7 |
-84.4 |
-74.4 |
-80.9 |
-89.1 |
|
Other expenses |
-220.1 |
-152.4 |
-145.5 |
-162.0 |
-157.8 |
|
Fund Contributions |
- |
- |
-140.8 |
-143.1 |
-137.7 |
|
Loss on Assets
Transferred to TAMC |
- |
- |
- |
- |
0.0 |
|
Rounding |
0.0 |
0.0 |
- |
- |
- |
|
Total
Non-Interest Revenue |
1,139.7 |
1,103.3 |
782.6 |
646.3 |
676.1 |
|
|
|
|
|
|
|
|
Total
Non-Interest Expense |
-1,353.6 |
-1,158.1 |
-1,152.8 |
-1,151.6 |
-1,052.0 |
|
|
|
|
|
|
|
|
Net Income
Before Taxes |
1,120.2 |
1,144.6 |
847.1 |
883.8 |
833.8 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
213.1 |
362.6 |
244.5 |
274.7 |
269.2 |
|
Net Income After
Taxes |
907.0 |
782.0 |
602.6 |
609.1 |
564.6 |
|
|
|
|
|
|
|
|
Non-controlling interest |
-10.3 |
-6.8 |
-3.7 |
-2.4 |
-3.5 |
|
Net Income
Before Extra. Items |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
Net Income |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Income Available
to Com Excl ExtraOrd |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Income Available
to Com Incl ExtraOrd |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Basic EPS Including ExtraOrdinary Item |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
- |
- |
|
Diluted Net Income |
896.8 |
775.2 |
598.9 |
606.7 |
561.1 |
|
Diluted Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Diluted EPS Excluding ExtraOrd Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
Diluted EPS Including ExtraOrd Items |
0.47 |
0.41 |
0.31 |
0.32 |
0.29 |
|
DPS-Common Stock |
0.18 |
0.14 |
0.09 |
0.09 |
0.08 |
|
Gross Dividends - Common Stock |
344.4 |
274.4 |
169.0 |
174.8 |
155.5 |
|
Normalized
Income Before Taxes |
1,080.3 |
1,069.5 |
813.9 |
843.9 |
795.2 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
205.5 |
338.8 |
234.9 |
262.3 |
256.7 |
|
Normalized
Income After Taxes |
874.8 |
730.6 |
579.0 |
581.6 |
538.5 |
|
|
|
|
|
|
|
|
Normalized Inc.
Avail to Com. |
864.5 |
723.9 |
575.3 |
579.2 |
535.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.45 |
0.38 |
0.30 |
0.30 |
0.28 |
|
Diluted Normalized EPS |
0.45 |
0.38 |
0.30 |
0.30 |
0.28 |
|
Depreciation |
99.2 |
96.9 |
87.5 |
92.2 |
88.3 |
|
Amort of Intangibles, Supplemental |
4.0 |
4.7 |
- |
- |
- |
|
Service Cost - Domestic |
9.4 |
8.5 |
- |
- |
- |
|
Interest Cost - Domestic |
5.8 |
5.0 |
- |
- |
- |
|
Prior Service Cost - Domestic |
-0.3 |
0.1 |
- |
- |
- |
|
Actuarial Gains and Losses - Domestic |
15.8 |
- |
- |
- |
- |
|
Domestic Pension Plan Expense |
30.8 |
13.6 |
- |
- |
- |
|
Total Pension Expense |
30.8 |
13.6 |
- |
- |
- |
|
Discount Rate - Domestic |
1.70% |
1.82% |
- |
- |
- |
|
Compensation Rate - Domestic |
15.00% |
9.00% |
- |
- |
- |
Interim Income Statement As
Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
30-Jun-2012 |
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
|
Period Length |
3 Months |
3 Months |
3 Months |
3 Months |
3 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Reclassified
Normal |
Updated Normal |
Reclassified
Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
31.268341 |
31.004083 |
31.002903 |
30.136505 |
30.267151 |
|
|
|
|
|
|
|
|
Interest Income |
- |
- |
724.6 |
- |
- |
|
Inc.
Interbank/Mkt. |
53.7 |
51.9 |
- |
56.3 |
50.6 |
|
Investments and
trading transactions |
3.4 |
4.5 |
- |
0.6 |
2.6 |
|
Investment in debt
securities |
68.5 |
63.1 |
- |
66.3 |
58.0 |
|
Interest on Loans |
620.3 |
604.9 |
- |
595.2 |
543.9 |
|
Adjustment |
- |
0.0 |
- |
0.0 |
- |
|
Total Revenue |
746.0 |
724.4 |
724.6 |
718.5 |
655.1 |
|
|
|
|
|
|
|
|
Interest expenses |
300.4 |
- |
277.2 |
- |
222.8 |
|
Interest on
deposits |
- |
179.6 |
- |
152.6 |
- |
|
Interest on
interbank and money market |
- |
17.2 |
- |
19.3 |
- |
|
Contributions to
the Deposit Protection |
- |
54.5 |
- |
46.1 |
- |
|
Interest on debt
issued |
- |
45.4 |
- |
39.2 |
- |
|
Interest on
borrowings |
- |
1.2 |
- |
1.7 |
- |
|
Others |
- |
0.0 |
- |
0.0 |
- |
|
Impairment loss of
loans and debt securi |
53.2 |
49.5 |
227.3 |
55.9 |
50.8 |
|
Adjustment |
- |
0.0 |
- |
0.0 |
- |
|
Total Operating
Expense |
353.6 |
347.4 |
504.5 |
314.7 |
273.6 |
|
|
|
|
|
|
|
|
Fees and Service
Income |
199.5 |
202.4 |
176.1 |
194.3 |
194.6 |
|
Fee/Service
Expense |
-49.2 |
-51.5 |
-44.4 |
-46.0 |
-41.3 |
|
Gain on For. Exch.
& Tradings |
46.0 |
37.0 |
37.2 |
40.3 |
28.9 |
|
Gain on
Investments |
6.5 |
16.1 |
19.9 |
4.2 |
25.2 |
|
Equity in Assoc. |
0.9 |
0.4 |
0.5 |
0.8 |
0.8 |
|
Gains on disposal
of asset |
21.7 |
15.0 |
11.1 |
12.5 |
8.4 |
|
Dividend Income |
30.6 |
23.5 |
2.1 |
37.8 |
21.4 |
|
Other operating
income |
3.6 |
4.9 |
23.9 |
5.1 |
4.8 |
|
Employee's
expenses |
-153.8 |
-147.6 |
-163.3 |
-147.6 |
-140.6 |
|
Directors Remuner. |
-0.6 |
-0.6 |
-1.4 |
-0.7 |
-1.1 |
|
Premises and
Equipment Expenses |
-68.1 |
-64.6 |
-65.1 |
-68.1 |
-71.3 |
|
Taxes/Duties |
-33.3 |
-29.0 |
-25.0 |
-27.6 |
-26.1 |
|
Others |
-58.8 |
-33.1 |
-84.1 |
-39.8 |
-51.3 |
|
Total
Non-Interest Revenue |
308.9 |
299.3 |
270.8 |
295.0 |
284.0 |
|
|
|
|
|
|
|
|
Total
Non-Interest Expense |
-363.8 |
-326.4 |
-383.3 |
-329.8 |
-331.8 |
|
|
|
|
|
|
|
|
Net Income
Before Taxes |
337.4 |
349.9 |
107.6 |
369.0 |
333.7 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
53.2 |
88.7 |
-84.8 |
115.3 |
87.2 |
|
Net Income After
Taxes |
284.3 |
261.3 |
192.3 |
253.7 |
246.5 |
|
|
|
|
|
|
|
|
Minority interest |
-0.5 |
-0.5 |
-1.7 |
-3.1 |
-1.8 |
|
Net Income
Before Extra. Items |
283.8 |
260.7 |
190.7 |
250.6 |
244.7 |
|
Net Income |
283.8 |
260.7 |
190.7 |
250.6 |
244.7 |
|
|
|
|
|
|
|
|
Income Available
to Com Excl ExtraOrd |
283.8 |
260.7 |
190.7 |
250.6 |
244.7 |
|
|
|
|
|
|
|
|
Income Available
to Com Incl ExtraOrd |
283.8 |
260.7 |
190.7 |
250.6 |
244.7 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.15 |
0.14 |
0.10 |
0.13 |
0.13 |
|
Basic EPS Including ExtraOrdinary Item |
0.15 |
0.14 |
0.10 |
0.13 |
0.13 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
283.8 |
260.7 |
190.7 |
250.6 |
244.7 |
|
Diluted Weighted Average Shares |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Diluted EPS Excluding ExtraOrd Items |
0.15 |
0.14 |
0.10 |
0.13 |
0.13 |
|
Diluted EPS Including ExtraOrd Items |
0.15 |
0.14 |
0.10 |
0.13 |
0.13 |
|
DPS-Common Stock |
0.00 |
0.00 |
0.00 |
0.07 |
0.12 |
|
Gross Dividends - Common Stock |
0.0 |
0.0 |
0.0 |
126.7 |
220.7 |
|
Normalized
Income Before Taxes |
315.7 |
334.9 |
96.5 |
356.4 |
325.3 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
49.7 |
84.9 |
-88.7 |
111.4 |
85.0 |
|
Normalized
Income After Taxes |
266.0 |
250.1 |
185.1 |
245.1 |
240.3 |
|
|
|
|
|
|
|
|
Normalized Inc.
Avail to Com. |
265.5 |
249.5 |
183.5 |
242.0 |
238.5 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.14 |
0.13 |
0.10 |
0.13 |
0.12 |
|
Diluted Normalized EPS |
0.14 |
0.13 |
0.10 |
0.13 |
0.12 |
|
Depreciation & Amortization |
- |
27.6 |
- |
28.9 |
- |
Annual Balance Sheet As Reported
|
Financials in: USD
(mil) Except for share items
(millions) and per share items (actual units) |
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
Restated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate |
31.55 |
30.145 |
33.34 |
34.78 |
33.685 |
|
Auditor |
Deloitte |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash |
1,435.5 |
1,343.8 |
1,073.2 |
1,193.4 |
1,060.3 |
|
Interbank/Money
Market Items |
8,179.8 |
11,460.3 |
- |
- |
- |
|
Claim on security |
5.3 |
0.0 |
- |
- |
- |
|
Derivative assets |
321.1 |
505.3 |
193.3 |
272.5 |
96.9 |
|
Investment, net |
10,398.3 |
9,434.6 |
- |
- |
- |
|
Investments
Subsidiaries/Associates |
22.4 |
21.2 |
16.9 |
11.5 |
9.5 |
|
Loans to customers |
46,638.6 |
41,685.6 |
34,291.8 |
33,962.5 |
30,935.9 |
|
Accrued Interest |
131.9 |
88.7 |
65.2 |
97.9 |
91.8 |
|
Less Deferred
revenue |
-33.3 |
-16.2 |
- |
- |
- |
|
Less Allowance for
doubtful accounts |
-2,535.4 |
-2,250.9 |
-1,815.1 |
-1,552.0 |
-1,881.8 |
|
Debt Restructure |
-150.4 |
-152.6 |
-138.8 |
-183.2 |
-121.2 |
|
Prop. for Sale,
net |
806.9 |
956.4 |
1,006.9 |
1,034.5 |
1,196.4 |
|
Other intangible
assets, gross |
50.1 |
48.3 |
- |
- |
- |
|
Amortization |
-39.7 |
-37.5 |
- |
- |
- |
|
Domestic Items -
Interest Bearing |
- |
- |
4,015.5 |
343.8 |
115.7 |
|
Domestic Items - Non-Interest
Bearing |
- |
- |
234.4 |
166.8 |
259.8 |
|
Foreign Items -
Interest Bearing |
- |
- |
2,220.0 |
2,510.7 |
4,728.7 |
|
Foreign Items -
Non-Interest Bearing |
- |
- |
452.0 |
972.2 |
161.1 |
|
Securities under
Repurchased Agreements |
- |
- |
- |
0.0 |
302.8 |
|
Current
Investments |
- |
- |
3,282.2 |
3,471.6 |
4,238.7 |
|
Long Term
Investments |
- |
- |
6,993.1 |
4,677.9 |
5,014.1 |
|
Customers lia.
under acc. |
9.0 |
22.3 |
12.4 |
14.2 |
16.5 |
|
Other Assets |
423.1 |
356.5 |
359.5 |
339.9 |
257.8 |
|
Land |
618.5 |
642.4 |
497.2 |
475.0 |
471.1 |
|
Premises |
1,114.7 |
1,162.2 |
887.3 |
843.2 |
861.8 |
|
Equipment |
639.3 |
649.9 |
576.6 |
590.9 |
565.8 |
|
Oth. Fixed Asset |
23.3 |
7.3 |
38.6 |
37.0 |
8.5 |
|
Accumulated
Depreciation |
-1,278.9 |
-1,250.7 |
-1,114.7 |
-1,059.9 |
-1,010.9 |
|
Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Total Assets |
66,780.1 |
64,677.0 |
53,147.3 |
48,220.6 |
47,379.3 |
|
|
|
|
|
|
|
|
Baht Deposits |
50,327.5 |
46,256.0 |
37,315.8 |
34,531.5 |
34,624.0 |
|
Interbank/Money
Market Items |
2,878.5 |
4,363.1 |
- |
- |
- |
|
Pay. on Demand |
227.2 |
230.7 |
239.0 |
156.7 |
169.3 |
|
Liability to
Delivery Security |
8.5 |
0.0 |
- |
- |
- |
|
Derivative liabity |
481.7 |
283.5 |
- |
- |
- |
|
Acceptance
Liabilities |
9.0 |
22.3 |
12.4 |
14.2 |
16.5 |
|
Provision |
306.5 |
297.6 |
261.4 |
118.1 |
118.8 |
|
Other Liability |
1,079.5 |
1,240.9 |
783.6 |
832.5 |
662.0 |
|
Foreign Deposits |
- |
- |
3,497.5 |
3,487.1 |
3,297.1 |
|
Domestic Items -
Interest Bearing |
- |
- |
1,073.3 |
350.2 |
491.7 |
|
Domestic Items -
Non-Interest Bearing |
- |
- |
113.6 |
134.0 |
113.7 |
|
Foreign Items -
Interest Bearing |
- |
- |
1,369.6 |
1,038.6 |
1,217.5 |
|
Foreign Items -
Non-Interest Bearing |
- |
- |
125.1 |
84.4 |
81.8 |
|
Interest Payable |
- |
- |
- |
- |
282.0 |
|
Derivatives
Revaluation |
- |
- |
143.8 |
436.7 |
90.1 |
|
S/T Borrowings |
- |
- |
2,146.0 |
1,720.4 |
1,011.5 |
|
Debt issued and LT
borrowings |
3,706.1 |
4,308.5 |
257.2 |
267.2 |
256.6 |
|
Total Long Term
Debt |
3,706.1 |
4,308.5 |
257.2 |
267.2 |
256.6 |
|
|
|
|
|
|
|
|
Minority Int. |
27.6 |
25.8 |
20.2 |
18.1 |
19.5 |
|
Total
Liabilities |
59,052.2 |
57,028.2 |
47,358.5 |
43,189.7 |
42,451.9 |
|
|
|
|
|
|
|
|
Share Capital |
605.0 |
633.2 |
572.5 |
548.8 |
566.7 |
|
Prem. Ord. Share |
1,785.9 |
1,869.2 |
1,690.0 |
1,620.1 |
1,672.7 |
|
Land Appraisal |
- |
- |
305.7 |
293.0 |
302.6 |
|
Premises Appr. |
- |
- |
137.7 |
157.9 |
189.9 |
|
Unreal. Invest. |
- |
- |
394.7 |
169.3 |
397.9 |
|
For.Exch. Adjust |
- |
- |
-62.1 |
-45.0 |
-57.6 |
|
Unrlz. Gain on
Sale of Shares-Subs. |
- |
- |
1.4 |
1.3 |
1.3 |
|
Legal Reserves |
507.1 |
497.6 |
419.9 |
373.8 |
356.2 |
|
Retained
Earnings-Other |
2,107.8 |
2,040.1 |
1,694.7 |
1,337.0 |
1,083.6 |
|
Unappropriated |
1,384.9 |
1,068.6 |
634.4 |
574.7 |
462.1 |
|
Unreal. Security |
- |
- |
- |
- |
-48.1 |
|
Other reserves |
1,337.2 |
1,540.1 |
- |
- |
- |
|
Total Equity |
7,727.9 |
7,648.8 |
5,788.8 |
5,030.8 |
4,927.4 |
|
|
|
|
|
|
|
|
Total
Liabilities & Shareholders' Equity |
66,780.1 |
64,677.0 |
53,147.3 |
48,220.6 |
47,379.3 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Total Common
Shares Outstanding |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
T/S-Common Stock |
- |
- |
- |
0.0 |
0.0 |
|
S/O-Preferred Stock |
- |
- |
- |
0.0 |
0.0 |
|
Total Preferred
Shares Outstanding |
- |
- |
- |
0.0 |
0.0 |
|
Accumulated Intangible Amort, Suppl. |
39.7 |
37.5 |
- |
- |
- |
|
Total Capital to Risk Weighted Assets |
15.35% |
16.09% |
15.51% |
13.79% |
14.50% |
|
Tier 1 Capital to Risk Weighted Assets |
12.21% |
12.51% |
12.55% |
11.17% |
12.00% |
|
Total Risk Weight Capital |
47,808.6 |
44,651.8 |
36,741.1 |
36,514.3 |
31,289.0 |
|
Full-Time Employees |
21,503 |
21,229 |
- |
21,192 |
20,074 |
|
Operating Lease Pymts. Due within 1Year |
3.5 |
4.3 |
- |
- |
- |
|
Operating Lease Payments Due in Year 5 |
7.2 |
7.1 |
- |
- |
- |
|
Operating Leases - Remaining Payments |
7.6 |
7.6 |
- |
- |
- |
|
Total Operating Leases |
18.3 |
19.0 |
- |
- |
- |
|
Unfunded Plan Obligations |
153.2 |
139.9 |
- |
- |
- |
|
Plan Assets - Domestic |
10.7 |
8.9 |
- |
- |
- |
|
Funded Status - Domestic |
10.7 |
8.9 |
- |
- |
- |
|
Total Funded Status |
-142.5 |
-131.0 |
- |
- |
- |
|
Discount Rate - Domestic |
1.70% |
1.82% |
- |
- |
- |
|
Compensation Rate - Domestic |
15.00% |
9.00% |
- |
- |
- |
Interim Balance Sheet As Reported
|
Financials in:
USD (mil) Except for share
items (millions) and per share items (actual units) |
|
|
30-Jun-2012 |
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate |
31.913802 |
30.915001 |
31.55 |
31.085 |
30.725 |
|
|
|
|
|
|
|
|
Cash |
1,252.7 |
1,171.4 |
1,435.5 |
1,080.5 |
1,177.7 |
|
Interbank and
Money Market Item |
9,427.1 |
10,282.6 |
8,179.8 |
6,709.0 |
9,312.7 |
|
Claim on Security |
1.3 |
3.5 |
5.3 |
1.3 |
- |
|
Derivative Assets |
236.5 |
321.7 |
321.1 |
409.7 |
214.6 |
|
Investment |
10,162.3 |
10,897.1 |
10,398.3 |
11,482.8 |
10,212.1 |
|
Investments
Subsidiaries/Associates |
23.0 |
23.2 |
22.4 |
22.3 |
22.1 |
|
Loans to Customers |
48,334.9 |
48,890.1 |
46,638.6 |
45,104.1 |
44,388.6 |
|
Accrued interest
receivables |
121.8 |
121.3 |
131.9 |
94.7 |
87.9 |
|
Deferred revenue |
-32.5 |
-38.8 |
-33.3 |
-36.9 |
-22.4 |
|
Doubtful Accounts |
-2,567.2 |
-2,582.4 |
-2,535.4 |
-2,332.4 |
-2,286.5 |
|
Revaluation
allowance for debt rest. |
-91.7 |
-97.5 |
-150.4 |
-161.5 |
-167.6 |
|
Customer Lia. under
Acceptances |
12.2 |
15.3 |
9.0 |
12.6 |
12.2 |
|
Prop. for Sale,
net |
718.4 |
784.0 |
806.9 |
867.9 |
880.0 |
|
Premises
and Equipment |
1,079.6 |
1,121.5 |
1,116.9 |
1,133.0 |
1,162.6 |
|
Other
intangible assets |
8.8 |
9.7 |
10.5 |
12.0 |
12.6 |
|
Other Assets |
516.4 |
422.4 |
423.1 |
411.5 |
472.9 |
|
Total Assets |
69,203.7 |
71,345.2 |
66,780.1 |
64,810.6 |
65,479.5 |
|
|
|
|
|
|
|
|
Deposits |
52,418.4 |
53,225.6 |
50,327.5 |
49,346.7 |
47,866.9 |
|
Interbank and
money market items,net |
4,161.9 |
4,026.3 |
2,878.5 |
2,264.6 |
4,197.8 |
|
Pay. on Demand |
271.4 |
246.8 |
227.2 |
216.3 |
243.3 |
|
Liabilities to
Delivery Security |
1.7 |
5.1 |
8.5 |
3.9 |
- |
|
Derivative
Liability |
360.8 |
232.4 |
481.7 |
511.3 |
278.0 |
|
Acceptance
Liabilities |
12.2 |
15.3 |
9.0 |
12.6 |
12.2 |
|
Provision |
309.8 |
311.0 |
306.5 |
287.6 |
290.5 |
|
Other Liability |
1,286.5 |
1,275.2 |
1,079.5 |
1,120.6 |
1,076.5 |
|
Debt Issued and L/T
Borrowings |
2,417.4 |
3,821.7 |
3,706.1 |
3,505.3 |
3,798.4 |
|
Total Long Term
Debt |
2,417.4 |
3,821.7 |
3,706.1 |
3,505.3 |
3,798.4 |
|
|
|
|
|
|
|
|
Minority Int. |
1.9 |
1.5 |
27.6 |
26.5 |
24.4 |
|
Total
Liabilities |
61,242.1 |
63,160.9 |
59,052.2 |
57,295.4 |
57,788.0 |
|
|
|
|
|
|
|
|
Share Capital |
598.1 |
617.4 |
605.0 |
614.1 |
621.3 |
|
Common Share |
1,765.6 |
1,822.6 |
1,785.9 |
1,812.7 |
1,833.9 |
|
Other Reserves |
1,387.6 |
1,447.1 |
1,337.2 |
1,212.5 |
1,445.8 |
|
Legal Reserves |
517.0 |
517.5 |
507.1 |
514.7 |
504.5 |
|
Retained
Earnings-Other |
2,083.7 |
2,151.1 |
2,107.8 |
2,139.3 |
2,001.6 |
|
Unapp. Reserves |
1,609.5 |
1,628.5 |
1,384.9 |
1,222.0 |
1,284.5 |
|
Total Equity |
7,961.6 |
8,184.3 |
7,727.9 |
7,515.1 |
7,691.5 |
|
|
|
|
|
|
|
|
Total
Liabilities & Shareholders' Equity |
69,203.7 |
71,345.2 |
66,780.1 |
64,810.6 |
65,479.5 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
Total Common
Shares Outstanding |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
1,908.8 |
|
S/O-Preferred
Stock |
1.7 |
- |
1.7 |
- |
- |
|
Total Preferred
Shares Outstanding |
1.7 |
- |
1.7 |
- |
- |
|
Tier 1 Capital to Risk Weighted Assets |
11.70% |
11.85% |
12.21% |
12.68% |
12.17% |
|
Total Capital to Risk Weighted Assets |
14.80% |
14.94% |
15.35% |
16.05% |
15.55% |
|
Total Risk Weight Capital |
51,157.0 |
50,405.8 |
47,808.6 |
46,848.7 |
46,584.7 |
|
Full-Time Employees |
- |
- |
21,503 |
- |
- |
|
Operating Lease Pymts. Due within 1Year |
- |
- |
3.5 |
- |
- |
|
Operating Lease Payments Due in Year 5 |
- |
- |
7.2 |
- |
- |
|
Operating Leases - Remaining Payments |
- |
- |
7.6 |
- |
- |
|
Total Operating Leases |
- |
- |
18.3 |
- |
- |
|
Unfunded Plan Obligations |
- |
- |
153.2 |
- |
- |
|
Plan Assets - Domestic |
- |
- |
10.7 |
- |
- |
|
Funded Status - Domestic |
- |
- |
10.7 |
- |
- |
|
Total Funded Status |
- |
- |
-142.5 |
- |
- |
|
Discount Rate - Domestic |
- |
- |
1.70% |
- |
- |
|
Compensation Rate - Domestic |
- |
- |
15.00% |
- |
- |
Annual Cash Flows As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items
(actual units)
|
|
31-Dec-2011 |
31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Reclassified
Normal |
Updated Normal |
Reclassified
Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
30.484713 |
31.724617 |
34.331774 |
33.367913 |
34.251325 |
|
Auditor |
Deloitte |
Deloitte |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
Deloitte &
Touche LLP |
|
Auditor Opinion |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income |
1,120.2 |
1,144.6 |
847.1 |
883.8 |
833.8 |
|
Depreciation |
114.3 |
109.7 |
98.3 |
104.4 |
101.2 |
|
Bad Debt/Doubtful |
382.7 |
233.8 |
261.1 |
19.9 |
177.1 |
|
Debt Restructuring |
11.8 |
4.8 |
-39.8 |
177.3 |
-14.2 |
|
Foreign Exchange |
60.4 |
-0.8 |
-34.2 |
8.9 |
46.2 |
|
Amort. of Disc. on
Invest. in Debt Secs. |
-35.4 |
-0.2 |
-3.7 |
-51.2 |
-90.8 |
|
Reval. Secur.
Invest |
- |
-2.4 |
2.3 |
-1.7 |
-1.4 |
|
Transfer
Investments |
0.8 |
0.0 |
3.4 |
0.9 |
-0.4 |
|
Disp. Invest. Sec. |
-65.8 |
-134.6 |
-23.1 |
-30.3 |
-58.0 |
|
Unrealized loss on
revaluationSecurities |
2.7 |
2.1 |
5.4 |
126.9 |
45.8 |
|
Impairment of
Investment |
1.2 |
- |
- |
- |
- |
|
Equity in
Subs/Assoc |
-2.8 |
-2.9 |
-5.7 |
-2.8 |
-2.7 |
|
Subsidiary
Dividend |
- |
- |
2.2 |
0.7 |
0.2 |
|
Impair. Foreclosed |
39.9 |
16.5 |
18.8 |
22.9 |
16.0 |
|
Sale of Assets |
-0.9 |
-0.3 |
-0.5 |
-0.4 |
-0.4 |
|
Loss on Assets
Transferred to TAMC |
- |
- |
- |
- |
0.0 |
|
Revaluation of
Land and Premiese |
- |
2.8 |
- |
- |
- |
|
Loss on Impairment
of Premises, Equip. |
- |
- |
0.0 |
1.0 |
3.1 |
|
Impair. Oth.
Assets |
2.2 |
2.0 |
0.5 |
15.3 |
1.1 |
|
Provision for
Contingencies Expense |
0.5 |
2.7 |
8.6 |
3.2 |
26.6 |
|
Loan Redemption |
- |
- |
- |
0.0 |
0.0 |
|
Net interest
income |
-1,728.6 |
-1,438.0 |
- |
- |
- |
|
Dividend income |
-89.5 |
-57.9 |
- |
- |
- |
|
Int.
Rec./Dividends |
- |
- |
-1,897.9 |
-2,416.1 |
-2,343.0 |
|
Interest Expense |
- |
- |
459.3 |
830.0 |
970.4 |
|
Proceeds from
Interest income |
2,617.3 |
2,006.5 |
- |
- |
- |
|
Proceeds from
Dividend |
89.5 |
57.8 |
- |
- |
- |
|
Proceeds from Interest
and Dividend |
- |
- |
1,943.3 |
2,434.5 |
2,335.5 |
|
Interest Expenses
Paid |
-844.9 |
-477.8 |
-573.6 |
-905.1 |
-1,054.6 |
|
Accr. Other
receivables |
-0.1 |
-0.2 |
-1.9 |
-1.0 |
-0.3 |
|
Accr. Other
Expenses |
34.9 |
16.5 |
-16.3 |
11.6 |
8.5 |
|
Securities -
Resale |
- |
- |
- |
305.7 |
636.5 |
|
Interbank/Market
Itm |
2,879.1 |
-3,601.8 |
-2,685.8 |
1,130.5 |
-627.5 |
|
Trading Securites |
-1,011.4 |
-248.4 |
-282.9 |
-809.2 |
-1,607.6 |
|
Loans |
-7,120.5 |
-3,584.4 |
921.9 |
-4,701.3 |
-2,674.8 |
|
Property
Foreclosed |
147.8 |
166.9 |
169.3 |
205.6 |
149.0 |
|
Other Assets |
72.1 |
-267.7 |
82.8 |
-302.4 |
79.8 |
|
Deposits (Liab.) |
6,345.7 |
1,061.4 |
1,119.3 |
1,346.1 |
1,428.3 |
|
Interbank/Mkt Liab. |
-1,335.4 |
1,327.8 |
975.8 |
-247.5 |
427.6 |
|
Secur.-Repurch.
Liab |
- |
- |
73.4 |
-7.6 |
-14.8 |
|
S/T Borrowings |
-517.1 |
489.2 |
341.9 |
773.1 |
764.6 |
|
Other Liabilites |
235.1 |
270.6 |
-194.0 |
326.9 |
-7.2 |
|
Demand Pay. Liab. |
7.0 |
-32.0 |
- |
- |
- |
|
Income Tax Paid |
-408.1 |
-274.8 |
-251.1 |
-302.4 |
-217.0 |
|
Cash from
Operating Activities |
1,004.8 |
-3,208.5 |
1,324.2 |
-1,049.8 |
-663.6 |
|
|
|
|
|
|
|
|
Purch. Securities |
-6,801.4 |
-4,973.2 |
-5,766.2 |
-3,857.4 |
-4,109.7 |
|
Sale Securities |
6,131.6 |
6,913.7 |
4,629.4 |
3,971.0 |
5,774.1 |
|
Purch. Debt
Security |
-2,218.5 |
-1,080.1 |
-1,179.2 |
-511.9 |
-1,502.2 |
|
Maturity Debt Sec. |
2,498.5 |
1,772.5 |
1,078.7 |
1,962.5 |
1,101.0 |
|
Purch. General
Inv. |
-175.3 |
-130.1 |
-70.8 |
-141.9 |
-83.1 |
|
Disposal General
Inv |
121.7 |
70.8 |
51.0 |
79.2 |
53.4 |
|
Purchase of
Investment in Subsidairy |
- |
- |
-1.3 |
2.4 |
0.0 |
|
Disp.
Subsid/Assoc. |
0.3 |
0.1 |
0.0 |
-0.4 |
-4.1 |
|
Dividend
income-sub/asso. |
0.2 |
0.2 |
- |
- |
- |
|
Capital
Expenditures |
-53.9 |
-45.7 |
-62.1 |
-108.9 |
-63.8 |
|
Sale
Premises/Equip. |
0.9 |
0.4 |
0.5 |
1.2 |
0.5 |
|
Cash from
Investing Activities |
-495.7 |
2,528.6 |
-1,319.9 |
1,395.7 |
1,166.1 |
|
|
|
|
|
|
|
|
Extinguish Conv.
Bond |
- |
- |
- |
0.0 |
-272.9 |
|
Debenture |
- |
1,118.3 |
- |
- |
- |
|
Redemption Prior
Mat. Sub. Debentures |
- |
- |
0.0 |
-0.2 |
0.0 |
|
Dividend Paid |
-344.4 |
-270.8 |
-166.8 |
-171.6 |
-153.3 |
|
Increase in
Borrowings |
- |
4.9 |
- |
1.8 |
2.5 |
|
Decrease in
Borrowings |
-1.2 |
- |
-1.4 |
- |
- |
|
Dividend for
Minority Interest |
-7.0 |
-3.7 |
-2.2 |
-3.2 |
-2.2 |
|
Cash from
Financing Activities |
-352.6 |
848.8 |
-170.4 |
-173.2 |
-425.8 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
2.9 |
-4.8 |
-0.7 |
0.8 |
-0.7 |
|
Net Change in
Cash |
159.3 |
164.2 |
-166.8 |
173.5 |
75.9 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
1,358.6 |
1,141.3 |
1,209.0 |
1,070.3 |
966.8 |
|
Net Cash - Ending Balance |
1,517.9 |
1,305.5 |
1,042.2 |
1,243.9 |
1,042.7 |
|
Cash Interest Paid |
844.9 |
477.8 |
573.6 |
905.1 |
1,054.6 |
|
Cash Taxes Paid |
408.1 |
274.8 |
251.1 |
302.4 |
217.0 |
Interim Cash Flows As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2012 |
31-Dec-2011 |
30-Sep-2011 |
30-Jun-2011 |
31-Mar-2011 |
|
Period Length |
3 Months |
12 Months |
9 Months |
6 Months |
3 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Restated Normal |
|
Filed Currency |
THB |
THB |
THB |
THB |
THB |
|
Exchange Rate
(Period Average) |
31.004083 |
30.484713 |
30.310418 |
30.401066 |
30.538187 |
|
|
|
|
|
|
|
|
Net Income |
349.9 |
1,120.2 |
1,016.6 |
647.8 |
314.1 |
|
Depreciation |
27.6 |
114.3 |
86.8 |
57.9 |
28.9 |
|
Bad Debt/Doubtful |
56.8 |
382.7 |
144.7 |
88.3 |
35.8 |
|
Debt Restructuring |
-7.3 |
11.8 |
19.6 |
20.1 |
21.9 |
|
Foreign Exchange |
-37.9 |
60.4 |
33.0 |
54.1 |
59.0 |
|
Amort. of Disc. on
Invest. in Debt Secs. |
-10.8 |
-35.4 |
-20.3 |
-9.5 |
-3.2 |
|
Reval. Secur.
Invest |
0.5 |
2.7 |
2.8 |
2.4 |
1.6 |
|
Unrealized Loss on
Trasf. of Investment |
-0.1 |
0.8 |
0.9 |
0.6 |
0.2 |
|
Disp. Invest. Sec. |
-16.1 |
-65.8 |
-45.8 |
-41.7 |
-15.7 |
|
Impair. Securities |
- |
1.2 |
1.2 |
1.2 |
- |
|
Equity in
Subs/Assoc |
-0.4 |
-2.8 |
-2.4 |
-1.5 |
-0.7 |
|
Impair. Foreclosed |
4.8 |
39.9 |
12.4 |
9.2 |
6.6 |
|
Sale of Assets |
-0.1 |
-0.9 |
-0.9 |
-0.5 |
-0.4 |
|
Loss on
revaluation of land and premises |
- |
- |
0.0 |
0.0 |
- |
|
Impair. Oth.
Assets |
-0.3 |
2.2 |
2.2 |
4.0 |
4.9 |
|
Provision for
Contingencies Expenses |
3.9 |
0.5 |
-4.6 |
-2.0 |
-1.7 |
|
Net Interest
Income |
-426.5 |
-1,728.6 |
-1,280.9 |
-821.4 |
-389.4 |
|
Dividend Income |
-23.5 |
-89.5 |
-87.9 |
-50.1 |
-28.7 |
|
Proceeds from
Interest Expense |
731.8 |
- |
1,939.1 |
1,231.8 |
588.1 |
|
Proceeds from
interest income |
- |
2,617.3 |
- |
- |
- |
|
Other Accrued
receivables |
-0.8 |
-0.1 |
1.1 |
1.0 |
-0.6 |
|
Accr. Other
Expenses |
63.3 |
34.9 |
30.4 |
-0.6 |
-13.4 |
|
Interbank and
money market items |
-1,934.9 |
2,879.1 |
4,524.1 |
1,945.7 |
603.5 |
|
Trading Securites |
-580.1 |
-1,011.4 |
-457.2 |
-564.8 |
-315.7 |
|
Loans to customers |
-1,381.1 |
-7,120.5 |
-4,849.7 |
-3,557.3 |
-1,622.6 |
|
Property
Foreclosed |
34.6 |
147.8 |
112.9 |
66.1 |
32.2 |
|
Other Assets |
27.7 |
72.1 |
31.1 |
169.8 |
195.2 |
|
Demand Pay. Liab. |
14.9 |
7.0 |
-7.6 |
17.1 |
24.1 |
|
Deposits (Liab.) |
1,858.9 |
6,345.7 |
4,604.2 |
2,510.6 |
1,697.1 |
|
Interbank/Mkt
Liab. |
1,085.5 |
-1,335.4 |
-2,016.8 |
-83.8 |
-91.4 |
|
S/T Borrowings |
83.4 |
-517.1 |
-756.1 |
-479.9 |
-539.2 |
|
Other Liabilites |
-336.4 |
235.1 |
149.2 |
-190.3 |
-86.9 |
|
Interest expenses
paid |
-220.8 |
-844.9 |
-560.6 |
-362.7 |
-187.9 |
|
Proceeds from
Dividend Income |
16.1 |
89.5 |
86.8 |
44.0 |
12.2 |
|
Income tax paid |
-9.5 |
-408.1 |
-404.4 |
-214.9 |
-4.5 |
|
Cash from
Operating Activities |
-626.9 |
1,004.8 |
2,303.8 |
490.8 |
323.4 |
|
|
|
|
|
|
|
|
Purch. Securities |
-2,002.5 |
-6,801.4 |
-5,569.8 |
-3,464.2 |
-2,126.8 |
|
Sale Securities |
2,755.1 |
6,131.6 |
4,279.9 |
2,814.6 |
1,494.9 |
|
Purch. Debt
Security |
-556.9 |
-2,218.5 |
-1,709.3 |
-402.4 |
-197.4 |
|
Maturity Debt Sec. |
210.0 |
2,498.5 |
868.6 |
619.3 |
259.5 |
|
Purch. General
Inv. |
-5.0 |
-175.3 |
-125.3 |
-47.9 |
-28.3 |
|
Disposal General
Inv |
23.0 |
121.7 |
105.5 |
84.7 |
54.2 |
|
Disp.
Subsid/Assoc. |
- |
0.3 |
0.3 |
0.0 |
- |
|
Proceedes from
dividend income fr. sub |
- |
0.2 |
0.2 |
0.2 |
- |
|
Capital
Expenditures |
-11.2 |
-53.9 |
-28.2 |
-21.2 |
-6.8 |
|
Sale
Premises/Equip. |
0.1 |
0.9 |
0.9 |
0.5 |
0.4 |
|
Purchase of
investment in subsidiary |
-83.2 |
- |
- |
- |
0.0 |
|
Cash from
Investing Activities |
329.5 |
-495.7 |
-2,177.1 |
-416.4 |
-550.3 |
|
|
|
|
|
|
|
|
Decrease in
Borrowing |
-0.8 |
-1.2 |
-0.1 |
- |
- |
|
Increase in
Borrowing |
- |
- |
- |
1.0 |
2.0 |
|
Dividend Paid |
- |
-344.4 |
-346.4 |
-219.8 |
- |
|
Dividend Paid for
Minority Interest |
-0.6 |
-7.0 |
-7.1 |
-6.3 |
-0.7 |
|
Cash from
Financing Activities |
-1.4 |
-352.6 |
-353.5 |
-225.1 |
1.3 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-0.7 |
2.9 |
3.0 |
4.2 |
1.9 |
|
Net Change in
Cash |
-299.6 |
159.3 |
-223.9 |
-146.4 |
-223.7 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
1,492.5 |
1,358.6 |
1,366.4 |
1,362.3 |
1,356.2 |
|
Net Cash - Ending Balance |
1,192.9 |
1,517.9 |
1,142.5 |
1,215.9 |
1,132.5 |
|
Cash Interest Paid |
220.8 |
844.9 |
560.6 |
362.7 |
187.9 |
|
Cash Taxes Paid |
9.5 |
408.1 |
404.4 |
214.9 |
4.5 |
Geographic Segments
Financials in: As Reported (mil)
|
Annual |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Geographic Segments
Financials in: As Reported (mil)
Interim
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.34 |
|
|
1 |
Rs.86.45 |
|
Euro |
1 |
Rs.68.04 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.