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4.Critical accounting estimates,
assumptions and judgements
Estimates, assumptions and judgments are continually
evaluated and are based on historical experience
and other factors, including expectations of future
events that are believed to be reasonable under the
circumstances.
5.Capital risk management
The Group’s objectives when managing capital are
to safeguard the Subsidiaries in the Group’s ability to
continue as a going concern in order to provide returns
for shareholders and benefits for other stakeholders and
to maintain an optimal capital structure to increase
investor and stakeholder confidence.
In order to maintain or adjust the capital structure,
the Subsidiaries in the Group may adjust the amount
of dividends paid to shareholders depending on their
operating performance.
6.Segment information
Segment information is presented in respect of the
Group’s business segments. The primary format, business
segments, is based on the Group’s management and
internal reporting structure.
The Group comprises the following 5 main business
segments:
1. Securities Markets (including securities trading,
clearing and settlement, listing, depository and
membership fees)
2. Derivatives Markets (including trading and clearing
of future contracts and membership fees)
3. Technology Services (including member services,
information services and technology support)
4. Registrar Services (including securities registrar
and fund registrar)
5. Capital market development and others, i.e.,
expenses for Capital Market Development Fund (CMDF),
rental income and other miscellaneous income. CMDF
focuses on long-term development of capital market
including improving financial and investment capabilities
of Thai people and executives, promoting development
of capital market industry, and conducting of capital
market research.