Annual Report 2017

92 Annual Report 2017 Other income increased by THB 99 million or 54.70%, compared to 2016 due to the rescheduling of marketing activities, such as the SET in the City event and SET award event that were originally scheduled in the fourth quarter of 2016 and had been postponed to the first quarter of 2017. In addition, there was a certain amount of income from the transfer of rights for building utilization which is a one-time payment, recorded as other income. 1.3 Investment income (Unit: THB million) 2017 2016 Increase /(Decrease) Amount % Investment income 1,045 767 278 36.25 Interest income 200 208 (8) (3.85) Dividend income 216 405 (189) (46.67) Realized gain from investments 596 192 404 210.42 Unrealized gain (loss) from investments 13 (38) 51 134.21 Gain on exchange rate and others 20 - 20 100.00 (Unit: THB million) 2017 2016 Increase /(Decrease) Amount % Operating expenses 3,818 3,694 124 3.36 Employee benefit expenses 1,569 1,466 103 7.03 The SEC fees 491 536 (45) (8.40) Depreciation and amortization 463 467 (4) (0.86) Direct service expenses 292 286 6 2.10 Marketing expenses 222 159 63 39.62 Technology expenses 213 191 22 11.52 Building and office expenses 200 232 (32) (13.79) Educational activities expenses 162 179 (17) (9.50) Fees and compensation expenses 87 76 11 14.47 Others 119 102 17 16.67 Investment income rose by THB 278 million or 36.25% from 2016, mostly gained from sales on investment. Most of the funds came from local equity funds and foreign funds. 1.4 Operating expenses In 2017, operating expenses amounted to THB 3,818 million increased by 3.36% from 2016. This increase was mainly from employee benefit expenses, marketing expenses for the postponement of marketing activities from the end of 2016 to 2017, and the higher technology expenses for IT operating systems development.