129 / 196
127
Consolidated
SET
2015
2014
2015
2014
Opening balance
7,837,836 10,632,814
7,837,836 10,586,614
Purchases
1,051,902
5,058,083
1,051,902
5,058,083
Disposals
(4,638,501) (6,111,593) (4,638,501) (6,065,393)
Classification of investments (Note15)
1,825,657 (1,748,011)
1,825,657 (1,748,011)
Unrealised gain on available-for-sale securities
8,880
4,013
8,880
4,013
Reversal allowance for impairment
250
2,530
250
2,530
Closing balance
6,086,024
7,837,836
6,086,024
7,837,836
Consolidated and SET
Cost
Fair Value
Impairments
2015
2014
2015
2014
2015
2014
Investment in specific-purpose funds
35,507 58,704 26,522 54,422 (10,918) (11,168)
Movements of short-term investments for the years ended 31 December 2015 and 2014 were as follows:
As at 31 December 2015 and 2014, fair value of investment in specific-purpose funds were as follows:
Investments managed by the SET
As at 31 December 2015, fixed deposit accounts
represented fixed deposit accounts at banks which had maturities
not over 12 months and carried interest at rates ranging from
3.28% - 3.30% per annum (2014: from 2.10% - 3.30%
per annum).
As at 31 December 2015, investments in money market
funds represent investments in seven open-ended funds (2014:
three open-ended fund). The investment policy emphasises
investments in short-term debt securities.
As at 31 December 2015, investments in specific-
purpose funds represented investments in two open-ended
venture capital funds (2014: three open-ended venture capital
funds). The details are as follows:
1. In 2005, invested in an investment fund established
by the government to strengthen and facilitate the recovery
of businesses which suffered from the tsunami. The specific-
purpose fund has a policy of investing in securities of businesses
involved in the tourism industry that had been affected by the
tsunami in the six southern provinces. On 27 February 2015,
the fund is at maturity date. The fund made a repayment for
the remaining unit of 1,542,863.7414, at the cost of
Baht 15.45 Million plus a return to SET on 9 March 2015.
2. In 2007, invested in a non-retail fund, which primarily
invests directly in energy, alternative and renewable energy
firms and businesses that support the government’s energy
policies. The fund is an open-ended fund and has an automatic
redemption from the sixth year (2013) when the fund disposes
of its assets, and then no further re-investment.
(Unit : Baht’000)
(Unit : Baht’000)