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For the year ended 31 December 2012, investment in a specific purpose fund represents investment in an open-ended fund
(Note 14). The fund has an automatic redemption from the sixth year (2011) unless approval is obtained from the investment committee
for redemption before the redemption restriction term.
As at 31 December 2012, investments in money market funds represent investments in one open-ended funds (2011: two
open-ended funds). The investment policy emphasises investments in short-term debt securities.
As at 31 December 2012, government bonds, Bank of Thailand bonds, state enterprise bonds and debentures, which had
coupon rates ranging from 3.05% - 5.50% per annum (2011: from 2.59% - 6.10% per annum) and market yields ranging from
2.78% - 3.36% per annum (2011: from 3.12% - 3.49% per annum).
Investments managed by private funds
Investments in private funds are managed by two asset management companies. The investment policy for private funds is
subject to the SET’s regulations on deposits at financial institutions and investment policies as disclosed in Note 3 - Financial
risk management . The Group presented investments managed by private funds as short-term investments.
For the year ended 31 December 2012, the return rates for investments managed by private funds ranged from 3.88% - 3.91%
per annum (2011: from 2.28% - 2.96% per annum).
9. Accounts receivable and accrued income, net
(Unit : Baht’000)
Note
Consolidated SET
2012 2011 2012 2011
Accounts receivable
Related parties 6 352 596 352 596
Other parties 69,872 68,014 41,115 36,118
70,224 68,610 41,467 36,714
Less Allowance for doubtful accounts (19,806) (19,232) (9,718) (8,652)
50,418 49,378 31,749 28,062
Accrued income
Related parties 6 528 411 163,990 343,892
Other parties 243,023 164,320 73,423 49,298
243,551 164,731 237,413 393,190
293,969 214,109 269,162 421,252