Annual Report 2017

Annual Report 2017 14 2017 2016* 2015 2014 2013 Consolidated statements of revenues and expenses Total revenues 6,332 6,047 5,215 5,237 5,302 Operating revenues 5,007 5,099 4,518 4,201 4,309 Investment income, net 1,045 767 492 871 821 Other income 1 280 181 205 165 172 Total expenses 3,818 3,694 3,335 3,082 2,976 Revenues over expenses, net 1,833 1,759 1,382 1,535 1,661 Consolidated statements of cashflows Net cash provided by operating activities 763 1,217 636 1,051 1,096 Net cash provided by (used in) investing activities (217) (2,157) (332) (1,503) (329) Consolidated statements of financial position Total current assets 2 22,265 21,709 17,324 18,012 22,965 Long-term investments 8,478 8,312 9,263 8,690 5,126 Total assets 45,196 39,539 36,136 34,452 34,039 Total current liabilities 2 15,215 11,947 10,759 10,346 11,515 Total liabilities 17,821 14,141 12,747 12,213 13,386 Fund balances 27,375 25,398 23,389 22,239 20,653 Key financial ratios Revenue growth (%) 4.70 15.95 (0.42) (1.23) 17.85 Operating revenue growth (%) (1.80) 12.86 7.55 (2.51) 28.05 Expenses to revenues ratio (%) 60.31 61.09 63.95 58.85 56.13 Net profit margin 3 (%) 28.95 29.09 26.50 29.31 31.33 Return on fund balance (%) 6.70 6.93 5.91 6.90 8.04 Current ratio (Times) 1.46 1.82 1.61 1.74 1.99 Debt to fund ratio (Times) 0.65 0.56 0.54 0.55 0.65 Assets / payables of margin deposits and benefits 2 13,398 10,160 8,830 8,054 9,362 * Change in presentation of deferred tax on change in value of available-for-sale of investment 1 Other income consist of educational activities income, revenues from marketing event, revenues from fees and management funds etc. 2 Other current assets and other current liabilities included margin deposits and benefits at the same amount (as the guarantee for derivative contracts of the clearing house) 3 Net profit margin calculated by revenues over expenses, net/total revenues SET Group Financial Highlights (THB million)