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Annual Report 2014
174
For the years ended 31 December 2014 and 2013 the amounts recognised in the statement of comprehensive
revenues and expense are as follows:
For the years ended 31 December 2014 and 2013, the principal actuarial assumptions used were as follows:
Details of fund balances are as follows:
Securities Clearing Reserve Fund
In 1997 and 2013, the Board of Governors of
the SET approved an appropriation of general funds of
Baht 2,000 million and Baht 500 million, respectively,
totalling Baht 2,500 million to the Securities Clearing
Reserve Fund, which is operated by a subsidiary of
the SET, in order to resolve liquidity risk in the event
of default on clearing and settlement from securities
trading on SET.
Derivatives Clearing Reserve Fund
In 2004, the Board of Governors of the SET
approved an appropriation of general funds of Baht
300 million to the Derivatives Clearing Reserve Fund in
order to assure contingent losses from the clearing system
of futures contracts at Thailand Clearing House Co., Ltd.
Current service cost
20,176
16,829
20,176
16,829
Interest costs
7,641
7,012
7,641
7,012
Gain from actuarial
567
411
567
411
28,384
24,252
28,384
24,252
2014
2014
2013
2013
Consolidated
SET
24. Fund balances
Indemnity Fund
In 1993 and 2002, the Board of Governors of the
SET approved appropriations of general funds totalling
Baht 100 million to the Indemnity Fund in order to
assist and assure the Board of Governors of the SET
and those appointed assignees on matters requiring
consideration and decisions which may affect or cause
damages to other parties.
(Unit: Baht’000)
(Unit: Baht’000)
3.60%
5.00% - 10.00%
4.50%
0.00% - 13.00%
3.00%
60 years old
3.80%
5.00% - 10.00%
4.50%
0.00% - 9.00%
0.08% - 1.03%
60 years old
Discount rate as of 31 December
Salary increase rate - permanent employees
Salary increase rate - contract employees
Average turnover rate
Pre-retirement mortality rate
Retirement age
2014
2013