2017 | 2018 | 2019 | 2020 | 2021 | 9M/2021 | 9M/2022 | |
---|---|---|---|---|---|---|---|
Operation Performance (Thousand Baht) | |||||||
Rental income | 19,012 | 226,337 | 286,061 | 424,367 | 495,680 | 328,645 | 337,523 |
Interest income | 18 | 856 | 393 | 330 | 72 | 62 | 101 |
Other income | 221 | 38 | 2,331 | 1,993 | 2,964 | 2,448 | 567 |
Total income | 19,251 | 227,231 | 288,785 | 426,691 | 498,716 | 331,155 | 338,191 |
Total expenses | 1,322 | 20,082 | 47,354 | 60,039 | 67,467 | 45,464 | 48,547 |
Finance costs | 1,413 | 21,540 | 32,311 | 73,384 | 73,988 | 54,553 | 58,582 |
Net profit on investments | 16,516 | 185,609 | 209,119 | 293,268 | 357,261 | 231,138 | 231,062 |
Net gain (loss) on investment | - | - | - | (7,358) | (8,929) | (6,800) | (2,620) |
Net gain on changes in fair value of investments | - | - | - | 1,432 | (129,772) | (110,427) | (66,138) |
Net realised gain (loss) from sale of investments in securities | - | - | 2,335 | - | - | - | - |
Net realised gain (loss) from investments in freehold and leasehold properties | - | (1,420) | (3,416) | - | - | - | - |
Net unrealised gain (loss) from investments in freehold and leasehold properties | - | (3,975) | (71,794) | - | - | - | - |
Net unrealised gain (loss) from investments in securities | - | - | 327 | - | - | - | - |
The effect of changes in foreign exchange rates | - | - | (14,626) | 33,209 | 178,533 | 207,513 | 221,993 |
Net increase in net assets resulting from operations | 16,516 | 180,214 | 121,947 | 320,552 | 397,093 | 321,424 | 384,297 |
Financial Position (Thousand Baht) | |||||||
Investment Properties | 4,172,774 | 4,339,997 | 6,780,673 | 7,258,856 | 7,507,987 | 7,507,987 | 7,940,230 |
Other assets | 171,518 | 42,072 | 196,284 | 232,678 | 286,804 | 286,804 | 195,012 |
Total assets | 4,344,292 | 4,382,069 | 6,976,956 | 7,491,534 | 7,794,791 | 7,794,791 | 8,135,242 |
Long-term loans | 588,889 | 599,095 | 1,488,210 | 1,683,507 | 1,736,793 | 1,736,793 | 1,783,343 |
Other payable and accrued expenses | 82,836 | 54,774 | 87,521 | 331,051 | 364,890 | 364,890 | 415,314 |
Total liabilities | 671,725 | 653,869 | 1,575,731 | 2,014,558 | 2,101,683 | 2,101,683 | 2,198,657 |
Net assets | 3,672,567 | 3,728,200 | 5,401,226 | 5,476,977 | 5,693,108 | 5,693,108 | 5,936,585 |
Financial Ratios | |||||||
Number of outstanding units at the end of period (units) | 409,400,000 | 409,400,000 | 711,500,000 | 711,500,000 | 711,500,000 | 711,500,000 | 711,500,000 |
Net investment income (Baht per unit) | 0.0404 | 0.4534 | 0.2939 | 0.4122 | 0.5021 | 0.3249 | 0.3248 |
Net asset value (Baht per unit) | 8.9706 | 9.1065 | 7.5913 | 7.6978 | 8.0016 | 8.0016 | 8.3438 |
Interest bearing debt to total assets ratio (%) | 13.56% | 13.67% | 21.33% | 22.47% | 22.28% | 22.28% | 21.92% |
Total liabilities to total assets (%) | 15.46% | 14.92% | 22.58% | 26.89% | 26.96% | 26.96% | 27.03% |
Total liabilities to net assets value ratio (times) | 0.18 | 0.18 | 0.29 | 0.37 | 0.37 | 0.37 | 0.37 |