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Consolidated
SET
2015
2014
2015
2014
Director’s remuneration
24,431
24,582
22,395
22,899
24,431
24,582
22,395
22,899
is based on the floating market interest rate which is referred to the higher interest rate for one-year government bond or one-year
fixed deposit on average of 4 banks for corporate credit line of up to Baht 10 million (interest rate may be revised as appropriate).
Movements of short-term borrowings from subsidiaries for the years ended 31 December 2015 and 2014 were as follows:
SET
2015
2014
Subsidiaries
Opening balance
1,271,314
1,246,000
Additions
875,000
395,314
Repayments
(249,814)
(370,000)
Closing balance
1,896,500
1,271,314
Sponsorship for joint venture entity
Under the shareholder agreement between the SET and
a company, the SET will be a principal sponsor of a joint venture’s
program in 2015 of Baht 90 million (2014: Baht 90 million).
Contributions to the Stock Exchange of Thailand
Foundation
In 2006, the Board of Governors of the SET approved the
establishment of the Stock Exchange of Thailand Foundation
(Foundation) and appointed the members of the Board of
Governors as directors of the Board of the Foundation. In addition,
the Board of Governors of the SET approved the appropriation
of one-third of annual revenues over expenses of the SET to
the Foundation for its social activities.
The Foundation was registered and incorporated on
9 August 2006 with the objective of conducting activities for
the development of society, communities and the environment.
The Foundation’s activities focus on developing a vigorous
Thai society and communities in order to prevent and resolve
problems relating to addictive drugs and other problems affecting
Thai youth and Thai society. In addition, the activities support
projects and programmes relating to education.
For the year ended 31 December 2015, the SET
appropriated its annual revenues over expenses of Baht
401.38 million (2014: Baht 547.22 million) to the Foundation.
Directors’ remuneration
The directors’ remuneration represents director fees and
compensation fees for the Group’s board of directors and other
sub-committees.
(Unit : Baht’000)
(Unit : Baht’000)