TMB Bank PCL : Financial Statement Yearly 2017 (Unreviewed/Unaudited)

TMB Bank Public Company Limited and its subsidiaries

Statements of financial position

Consolidated

Bank only

Assets	2016
(Unaudited)	(Restated)
Cash	17,871,736	16,530,908	17,871,549	16,530,044
Interbank and money market items, net	112,534,388	113,857,825	111,275,311	112,924,852
Derivative assets	8,673,716	10,460,367	8,673,716	10,460,367
Investments, net	61,305,161	62,985,265	58,179,756	59,960,002
Investments in subsidiaries, net	-	-	3,753,633	3,429,421
Loans to customers and accrued interest receivables, net
Loans to customers	643,424,651	593,509,981	643,376,740	593,461,910
Accrued interest receivables	969,067	914,973	969,067	914,973
Total loans to customers and accrued interest receivables	644,393,718	594,424,954	644,345,807	594,376,883
Less deferred revenue	(51,604)	(68,642)	(51,604)	(68,642)
Less allowance for doubtful accounts	(24,638,712)	(24,910,906)	(24,608,522)	(24,880,555)
Less revaluation allowance for debt restructuring	(330,469)	(177,350)	(330,469)	(177,350)
Total loans to customers and accrued interest receivables, net	619,372,933	569,268,056	619,355,212	569,250,336
Properties for sale, net	2,213,599	1,506,050	2,213,599	1,506,050
Premises and equipment, net	12,070,715	12,383,373	12,045,447	12,354,385
Goodwill and other intangible assets, net	2,131,810	1,704,048	2,069,669	1,640,913
Deferred tax assets	682,970	774,854	666,968	760,716
Other receivables, net	1,689,907	2,261,630	1,637,186	2,151,854
Other assets, net	5,324,833	5,583,812	5,234,269	5,518,852
Total assets	843,871,768	797,316,188	842,976,315	796,487,792

31 December 2017

31 December

2016

2017

(Restated)

(Unaudited)

(in thousand Baht)

TMB Bank Public Company Limited and its subsidiaries

Statements of financial position

Consolidated

Bank only

Liabilities and equity	2016
(Unaudited)	(Restated)
Liabilities
Deposits	611,429,815	598,948,198	611,508,489	599,021,383
Interbank and money market items	60,349,098	45,417,479	60,349,098	45,417,479
Liabilities payable on demand	3,664,924	4,032,188	3,664,924	4,032,188
Financial liabilities designated at fair value through profit or loss	385,698	361,634	385,698	361,634
Derivative liabilities	8,558,761	10,728,155	8,558,761	10,728,155
Debts issued and borrowings, net	33,351,579	39,874,305	33,351,579	39,874,305
Provisions for obligations on transfers of non-performing assets	-	1,656,709	-	1,656,553
Provisions for employee benefits	1,301,442	1,453,099	1,270,859	1,424,722
Provisions for other liabilities	544,224	701,088	541,977	701,058
Deferred revenue	18,907,907	217,981	18,907,925	217,981
Other liabilities	15,522,773	10,077,546	15,340,480	9,981,898
Total liabilities	754,016,221	713,468,382	753,879,790	713,417,356
Equity
Share capital
Authorised share capital
44,108,738,479 ordinary shares of Baht 0.95 each	41,903,302	41,903,302	41,903,302	41,903,302
Issued and paid-up share capital
43,839,858,871 ordinary shares of Baht 0.95 each
(31 December 2016: 43,807,370,307 ordinary shares
of Baht 0.95 each)	41,647,866	41,617,002	41,647,866	41,617,002
Premium on share capital	378,931	325,406	378,931	325,406
Other reserves	5,097,303	5,277,866	5,097,113	5,277,590
Retained earnings
Appropriated
Legal reserve	2,550,000	2,120,000	2,550,000	2,120,000
Unappropriated	40,181,447	34,382,496	39,422,615	33,730,438
Equity attributable to equity holders of the Bank	89,855,547	83,722,770	89,096,525	83,070,436
Non-controlling interest	-	125,036	-	-
Total equity	89,855,547	83,847,806	89,096,525	83,070,436
Total liabilities and equity	843,871,768	797,316,188	842,976,315	796,487,792

31 December 2017

2016

(Restated)

(in thousand Baht)

31 December

2017

(Unaudited)

Consolidated	Bank only
For the year ended	For the year ended
31 December	31 December
2017 2016	2017 2016
(Unaudited) (Audited)	(Unaudited) (Audited)

(in thousand Baht)

Interest income	34,713,277	35,631,309	34,636,811	35,597,766
Interest expenses	9,979,431	10,870,433	9,979,723	10,870,554
Net interest income	24,733,846	24,760,876	24,657,088	24,727,212
Fees and service income	13,532,892	10,167,918	12,295,154	9,407,355
Fees and service expenses	2,947,211	2,171,031	2,670,289	2,037,889
Net fees and service income	10,585,681	7,996,887	9,624,865	7,369,466
Gains on trading and foreign exchange transactions, net	1,146,756	1,691,409	1,146,756	1,691,409
Losses on financial liabilities designated
at fair value through profit or loss, net	(24,064)	(12,515)	(24,064)	(12,515)
Gains on investments, net	64,319	200,888	130,319	191,976
Other operating income	932,103	585,101	1,028,448	558,839
Total operating income	37,438,641	35,222,646	36,563,412	34,526,387
Other operating expenses
Employee expenses	8,511,083	8,117,590	8,247,098	7,890,739
Directors' remuneration	45,108	41,445	44,768	41,086
Premises and equipment expenses	3,384,031	3,149,905	3,321,952	3,087,818
Taxes and duties	1,249,909	1,272,562	1,247,879	1,271,726
Others	4,602,285	4,007,377	4,400,164	3,843,542
Total other operating expenses	17,792,416	16,588,879	17,261,861	16,134,911
Impairment loss on loans and debt securities	8,914,695	8,649,499	8,924,607	8,665,349
Profit from operations before income tax	10,731,530	9,984,268	10,376,944	9,726,127
Income tax	2,003,847	1,739,863	1,904,839	1,691,529
Profit for the year	8,727,683	8,244,405	8,472,105	8,034,598
Other comprehensive income
Items that will be reclassified subsequently to profit or loss
Gains (losses) on remeasuring available-for-sale investments	102,943	(172,872)	103,051	(133,303)
Losses arising from translating the financial statements of
foreign operations	(50,517)	(16)	(50,517)	(16)
Income tax relating to items that will be reclassified
subsequently to profit or loss	(10,485)	34,577	(10,507)	26,664
41,941	(138,311)	42,027	(106,655)
Items that will not be reclassified subsequently to profit or loss
Change in revaluation surplus on assets	(39,855)	2,079,338	(39,855)	2,079,338
Actuarial gains on post-employment benefit plan	192,772	89,069	189,900	91,464
Income tax relating to items that will not be reclassified
subsequently to profit or loss	(30,584)	(433,681)	(30,009)	(434,161)
122,333	1,734,726	120,036	1,736,641
Total other comprehensive income for the year,
net of income tax	164,274	1,596,415	162,063	1,629,986
Total comprehensive income for the year	8,891,957	9,840,820	8,634,168	9,664,584

Profit attributable to:

Consolidated	Bank only
For the year ended	For the year ended
31 December	31 December
2017 2016	2017 2016
(Unaudited) (Audited)	(Unaudited) (Audited)

(in thousand Baht)

Equity holders of the Bank	8,686,655	8,226,258	8,472,105	8,034,598
Non-controlling interest	41,028	18,147	-	-
Profit for the year	8,727,683	8,244,405	8,472,105	8,034,598
Total comprehensive income attributable to:
Equity holders of the Bank	8,850,642	9,822,913	8,634,168	9,664,584
Non-controlling interest	41,315	17,907	-	-
Total comprehensive income for the year	8,891,957	9,840,820	8,634,168	9,664,584
Earnings per share
Basic earnings per share (in Baht)	0.1982	0.1879	0.1933	0.1835
Diluted earnings per share (in Baht)	0.1981	0.1876	0.1932	0.1832