Balance Sheet & Income Statement of Securities Companies in Thailand (as of the end of June 2010)
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1 Balance Sheet & Income Statement of Securities Companies in Thailand (as of the end of June 2010) Half Year Report Source : SEC / SET
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Half Year Report. Balance Sheet & Income Statement of Securities Companies in Thailand (as of the end of June 2010). Source : SEC / SET. Table 1 : Market Indicators. * at the end of period. Table 2 : Aggregate Balance Sheet of Securities Companies. - PowerPoint PPT Presentation
Transcript of Balance Sheet & Income Statement of Securities Companies in Thailand (as of the end of June 2010)
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Balance Sheet & Income Statementof
Securities Companies in Thailand
(as of the end of June 2010)
Half Year Report
Source : SEC / SET
2
Table 1 : Market Indicators
2008 2009 2010
1st half 2nd half 1st half 2nd half 1st half
SET Index * 768.59 449.96 597.48 734.54 797.31
Market Cap.* (mil. baht) 6,095,900 3,590,376 4,773,404 5,912,230 6,481,517
Total Turnover (mil. baht) 2,364,964 1,554,971 1,799,980 2,573,503 2,493,778
Avg. Daily Trading Value(mil. baht)
19,468 12,441 15,194 20,754 21,513
No. of Listed Companies * 480 476 475 475 475
No. of Listed Securities * 592 580 581 588 590
No. of SET’s Members * 39 39 39 39 39
No. of TFEX’s Members * 27 36 41 41 41
* at the end of period
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Table 2 : Aggregate Balance Sheet of Securities Companies
(unit : mil. baht) 2008 2009 2010
1st half 2nd half 1st half 2nd half 1st half
Asset 162,018 123,098 155,131 159,229 173,881
Liabilities 94,947 57,675 95,455 95,347 108,658
Equity 67,071 65,423 59,676 63,882 65,223
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Table 3 : Aggregate Income Statement of Securities Companies
(unit : mil. baht) 2008 2009 2010
1st half 2nd half 1st half 2nd half 1st half
Brokerage - Securities 9,041 6,520 7,118 10,350 8,171
Brokerage - Derivatives 318 618 572 801 762
Underwriting 323 75 75 204 95
Financial Advisory 202 270 320 462 586
Gains on Trading - Securities 358 -80 80 519 464
Gains on Trading – Derivatives * 231 308 273 403 566
Interest and Dividend 903 1,038 716 505 684
Others 1,052 1,008 826 1,233 1,183
Total Revenue 12,428 9,758 9,981 14,477 12,510
Expenses on Borrowing 228 274 156 161 213
Fee & Service Expenses 752 746 682 869 878
Provision for Bad Debt / Doubtful Account 34 2,175 72 -22 30
Personnel Expenses 4,565 4,267 4,895 5,933 5,390
Premises & Equipment 1,341 1,591 1,542 1,561 1,460
Other Expenses 964 1,403 1,136 1,372 1,362
Total Expenses 7,883 10,456 8,484 9,873 9,333
Net Profit 3,392 -1,102 972 3,563 2,323
Corporate Tax 1,153 404 525 1,041 854
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Figure 1 : Assets, Liabilities and Equity of Securities Companies
108,658
67,07159,676
65,223
173,881
159,229155,132
123,099
162,018
95,34794,947
57,676
95,455
65,423 63,882
0
50,000
100,000
150,000
200,000
1st half 2008 2nd half 2008 1st half 2009 2nd half 2009 1st half 2010
Btm
.
Asset Liabilities Equity
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Figure 2 : Assets of Securities Companies
6,582
6,47224,44820,745 25,788
10,544 9,383 9,800
35,391 35,64447,782
31,020
49,66048,93250,61836,32437,055
4,690
5,932 6,14121,007
23,71113,035
7,737
36,772
58,271
28,14725,646
9,418
16,970
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
180,000
200,000
1st half 2008 2nd half 2008 1st half 2009 2nd half 2009 1st half 2010
Btm
.
Cash L/T Deposits Investment in Debt & EquityInvestment in Subsidiary TCH Receivable Securities Business ReceivablePremises & Equipment Others
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Figure 3 : Assets Structure of Securities Companies
Premises & Equipment
1%
Others17%
TCH Receivable 7%
Investment in subsidiary
2%
Investment in Debt & Equity
13%
L/T Deposits4%
Cash33%
Securities Business
Receivable23%
Premises & Equipment
1%
Others18%
TCH Receivable 6%
Investment in subsidiary
2%
Investment in Debt & Equity
16%
L/T Deposits4%
Cash31%
Securities Business
Receivable22%
1st half 2009
1st half 2010
2nd half 2009
Premises & Equipment
1%
Others18%
TCH Receivable 6%
Investment in subsidiary
2%
Investment in Debt & Equity
14%
L/T Deposits4%
Cash28%
Securities Business
Receivable27%
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Figure 4 : Liabilities of Securities Companies
11,2068,002
53,01455,751 49,947
23,084 27,073
34,113
7,643 3,876 4,629 7,575 6,270
6,7506,4217,646
61,526
31,143
31,405
15,011
0
20,000
40,000
60,000
80,000
100,000
120,000
1st half 2008 2nd half 2008 1st half 2009 2nd half 2009 1st half 2010
Btm
.
Borrowings TCH Payables Securities Business Payables Others
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Figure 5 : Liabilities Structure of Securities Companies
Others28%
Securities Business Payables
59%
TCH Payables8%
Borrowings5%
Others31%
Securities Business Payables
57%
TCH Payables6%
Borrowings6%
1st half 2009
2nd half 2009
1st half 2010
Others33%
Securities Business Payables
52%
TCH Payables7%
Borrowings8%
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Figure 6 : Revenue of Securities Companies
618572
801
762
462
586
1,030
903
716
505
684
826
1,233
1,183
9,358
6,520 7,118
10,350
8,171
922
590
1,038
1,052
1,008
1,000
3,000
5,000
7,000
9,000
11,000
13,000
15,000
1st half 2008 2nd half 2008 1st half 2009 2nd half 2009 1st half 2010
Btm
.
Brokerage - Equity Brokerage - Derivatives Underwriting Financial AdvisoryProprietary Trading Interest and Dividend Others
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Figure 7 : Revenue Structure of Securities Companies
Others8%
Interest and Dividend
7%
Brokerage - Securities
71%Brokerage - Derivatives
6%
Underwriting1%
Financial Advisory
3%
Proprietary Trading
4%
Others9%
Interest and Dividend
3%
Brokerage - Securities
72%Brokerage - Derivatives
6%
Underwriting1%
Financial Advisory
3%
Proprietary Trading
6%
1st half 2009
1st half 2010
2nd half 2009
Others9%
Interest and Dividend
5%
Brokerage - Securities
66%
Brokerage - Derivatives
6%
Underwriting1%
Financial Advisory
5%
Proprietary Trading
8%
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Figure 8 : Expenses of Securities Companies
752 746 682 869 878
4,565
4,267
4,895
5,933 5,390
1,341
1,591
1,542
1,5611,460964
1,403
1,136
1,3721,362
2,175
0
2,000
4,000
6,000
8,000
10,000
12,000
1st half 2008 2nd half 2008 1st half 2009 2nd half 2009 1st half 2010
Btm
.
Expenses on Borrowing Fees & Services Expenses Provision for Bad Debt / Doubtful A/CPersonnel Expenses Premises & Equipment Others
13
Figure 9 : Expenses Structure of Securities Companies
Others13%
Expenses on Borrowing
2%Fees &
Services Expenses
8%
Provision for Bad Debt
1%
Personnel Expenses
58%
Premises & Equipment
18%
Others15%
Expenses on Borrowing
2%Fees &
Services Expenses
9%
Provision for Bad Debt
0.32%
Personnel Expenses
58%
Premises & Equipment
16%1st half 2009
2nd half 2009
1st half 2010
Others14%
Expenses on Borrowing
2% Fees & Services Expenses
9%
Provision for Bad Debt
0.22%
Personnel Expenses
59%
Premises & Equipment
16%
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Figure 10 : Net Profit and ROE of Securities Companies
3,392
-1,102
972
3,563
2,323
5.06%3.56%
5.58%
1.63%
-1.68%
-2,000
-1,000
0
1,000
2,000
3,000
4,000
1st half 2008 2nd half 2008 1st half 2009 2nd half 2009 1st half 2010
Btm
.
-10%
-5%
0%
5%
10%
15%
20%
Net Profit ROE
