Page 143 - SET TH l Press Esc to Exit

141
In July 2010, the SIPF member contributions fully collected reached Baht 200 million, thus meeting the target set by the SIPF
regulations. The SET has not collected additional contributions since August 2010.
The fund will protect the investors’ assets which are in the custody of the securities brokers who are members of the SIPF. In the
event that the members of the SIPF fail to return the assets to investors, each investor shall be compensated by the SIPF for the
related damages at the actual cost, but not exceeding Baht 1 million per SIPF member, in the following cases:
1) if any SIPF member is in receivership under the Bankruptcy Act or
2) if there are disputes concerning the purchase or sale of securities listed on the SET between investors and any SIPF
member, and the arbitrator’s award is that the SIPF member shall return the assets to investors, but the SIPF member
violates the award.
The protection will not include any losses from securities trading regardless of who makes the investment decision.
The SIPF’s financial statements included as part of the consolidated and entity’s financial statements are as follows:
(Unit : Baht’000)
Consolidated and SET
2012 2011
Assets
Current assets
Cash deposits and short-term investments 401,320 466,644
Accrued interest receivable 4,611 3,764
Total current assets 405,931 470,408
Non-current assets
Long-term investments 245,170 147,429
Total assets 651,101 617,837
Liabilities and fund balances
Non-current liabilities
Contributions from members 201,315 201,315
Benefits on contributions from members 43,356 30,857
Total non-current liabilities 244,671 232,172
Fund balances
Initial fund 300,000 300,000
Fund balances 106,430 85,665
Total fund balances 406,430 385,665
Total liabilities and fund balances 651,101 617,837
The SIPF’s statements of revenues and expenses for the years ended 31 December 2012 and 2011 are presented in Note 23 to
the financial statements “Results of fund operations”.