TMB Bank PCL : Financial Statement Yearly 2016 (Unreviewed/Unaudited)

TMB Bank Public Company Limited and its subsidiaries
Statements of financial position
Consolidated		Bank only
31 December		31 December
Assets	2016	2015	2016	2015
(Unaudited)	(Audited)		(Unaudited)	(Audited)
(in thousand Baht)
Cash	16,530,908	17,290,402		16,530,044	17,289,833
Interbank and money market items, net	113,857,825	115,758,178		112,924,852	114,957,730
Claims on securities	13,114,600	11,944,900		13,114,600	11,944,900
Derivative assets	10,460,367	12,250,311		10,460,367	12,250,311
Investments, net	62,116,024	98,260,036		59,090,761	95,470,360
Investments in subsidiaries and associate, net	-	8	3,429,421	3,331,428
Loans to customers and accrued interest receivables, net
Loans to customers	593,509,981	580,867,827		593,461,910	580,836,479
Accrued interest receivables	914,973	1,068,312	914,973	1,068,312
Total loans to customers and accrued interest receivables	594,424,954	581,936,139		594,376,883	581,904,791
Less deferred revenue	(68,642)	(91,694)	(68,642)	(91,694)
Less allowance for doubtful accounts	(24,910,906)	(28,844,706)		(24,880,555)	(28,821,032)
Less revaluation allowance for debt restructuring	(177,350)	(180,558)	(177,350)	(180,558)
Total loans to customers and accrued interest receivables, net	569,268,056	552,819,181		569,250,336	552,811,507
Customers' liabilities under acceptances	4,910	10,913	4,910	10,913
Properties for sale, net	1,506,050	1,207,101	1,506,050	1,207,101
Premises and equipment, net	12,383,373	10,291,853		12,354,385	10,266,657
Goodwill and other intangible assets, net	1,704,048	1,238,552	1,640,913	1,173,917
Deferred tax assets	774,854	2,044,523	760,716	2,032,134
Other receivables, net	13,695,255	11,325,343		13,585,479	11,066,170
Other assets, net	5,583,812	4,495,980	5,518,852	4,420,344
Total assets	821,000,082	838,937,281		820,171,686	838,233,305

TMB Bank Public Company Limited and its subsidiaries
Statements of financial position
Consolidated		Bank only
31 December		31 December
Liabilities and equity	2016	2015	2016	2015
(Unaudited)		(Audited)		(Unaudited)	(Audited)
(in thousand Baht)
Liabilities
Deposits	598,948,198		644,693,924		599,021,383	644,729,505
Interbank and money market items	45,417,479		36,216,663		45,417,479	36,216,663
Liabilities payable on demand	4,032,188		3,008,198	4,032,188	3,008,198
Liabilities to deliver security	13,114,600		11,944,900		13,114,600	11,944,900
Financial liabilities designated at fair value through profit or loss	361,634		298,869	361,634	298,869
Derivative liabilities	10,728,155		12,141,438		10,728,155	12,141,438
Debts issued and borrowings, net	39,874,305		30,183,564		39,874,305	30,183,564
Bank's liabilities under acceptances	4	,910	10,913	4,910	10,913
Provisions for obligations on transfers of non-performing assets	1,656,709		5,998,333	1,656,553	5,998,333
Provisions for employee benefits	1,453,099		1,492,439	1,424,722	1,471,505
Provisions for other liabilities	701,088		542,453	701,058	542,423
Other payables	11,323,689		6,988,253	11,319,299	6,983,792
Other liabilities	9,536,222		8,818,971	9,444,964	8,705,973
Total liabilities	737,152,276		762,338,918		737,101,250	762,236,076
Equity
Share capital
Authorised share capital
44,108,738,479 ordinary shares of Baht 0.95 each	41,903,302		41,903,302		41,903,302	41,903,302
Issued and paid-up share capital
43,807,370,307 ordinary shares of Baht 0.95 each
(31 December 2015: 43,749,499,615 ordinary shares
of Baht 0.95 each)	41,617,002		41,562,025		41,617,002	41,562,025
Premium on share capital	325,406		236,181	325,406	236,181
Other reserves	5,277,866		3,959,690	5,277,590	3,927,758
Retained earnings
Appropriated
Legal reserve	2,120,000		1,710,000	2,120,000	1,710,000
Unappropriated	34,382,496		29,023,338		33,730,438	28,561,265
Equity attributable to equity holders of the Bank	83,722,770		76,491,234		83,070,436	75,997,229
Non-controlling interest	125,036		107,129	-	-
Total equity	83,847,806		76,598,363		83,070,436	75,997,229
Total liabilities and equity	821,000,082		838,937,281		820,171,686	838,233,305

Consolidated Bank only

For the year ended For the year ended

31 December 31 December

2016 2015 2016 2015

(Unaudited) (Audited) (Unaudited) (Audited)

(in thousand Baht)

Interest income 35,631,309 36,429,927 35,597,766 36,393,131

Interest expenses 10,870,433 13,209,941 10,870,554 13,210,053

Net interest income 24,760,876 23,219,986 24,727,212 23,183,078

Fees and service income 10,167,918 9,712,001 9,407,355 9,089,281

Fees and service expenses 2,171,031 1,890,925 2,037,889 1,780,648

Net fees and service income 7,996,887 7,821,076 7,369,466 7,308,633

Gains on trading and foreign exchange transactions, net 1,691,409 1,701,220 1,691,409 1,701,220 Losses on financial liabilities designated

at fair value through profit or loss, net (12,515) (15,533) (12,515) (15,533)

Gains on investments, net 200,888 180,638 191,976 199,781

Other operating income 585,101 542,954 558,839 483,311

Total operating income 35,222,646 33,450,341 34,526,387 32,860,490 Other operating expenses

Employee expenses 8,117,590 8,169,475 7,890,739 7,958,599

Directors' remuneration 41,445 41,542 41,086 41,183

Premises and equipment expenses 3,149,905 3,129,663 3,087,818 3,073,052

Taxes and duties 1,272,562 1,282,041 1,271,726 1,280,148

Others 4,007,377 3,844,572 3,843,542 3,719,884

Total other operating expenses 16,588,879 16,467,293 16,134,911 16,072,866

Impairment loss on loans and debt securities 8,649,499 5,478,950 8,665,349 5,516,680

Profit from operations before income tax expense 9,984,268 11,504,098 9,726,127 11,270,944

Income tax expense 1,739,863 2,152,755 1,691,529 2,087,126

Profit for the year 8,244,405 9,351,343 8,034,598 9,183,818 Other comprehensive income

Items that will be reclassified subsequently to profit or loss

Losses on remeasuring available-for-sale investments (172,872) (30,198) (133,303) (10,206)

Gains (losses) arising from translating the financial statements of

foreign operations (16) 30,535 (16) 30,535 Income tax relating to items that will be reclassified

subsequently to profit or loss 34,577 (67) 26,664 (4,066)

(138,311) 270 (106,655) 16,263

Items that will not be reclassified subsequently to profit or loss

Change in revaluation surplus on assets 2,079,338 (48,889) 2,079,338 (48,889)

subsequently to profit or loss	(433,681)	(9,255)	(434,161)	(9,273)
1,734,726	37,018	1,736,641	37,091
Total other comprehensive income for the year, net of income tax	1,596,415	37,288	1,629,986	53,354
Total comprehensive income for the year	9,840,820	9,388,631	9,664,584	9,237,172

Actuarial gains on post-employment benefit plan 89,069 95,162 91,464 95,253 Income tax relating to items that will not be reclassified

Consolidated

For the year ended 31 December

Bank only

For the year ended 31 December

2016 2015 2016 2015

(Unaudited) (Audited) (Unaudited) (Audited)

(in thousand Baht)

Profit attributable to: Equity holders of the Bank	8,226,258	9,333,069	8,034,598	9,183,818
Non-controlling interest	18,147	18,274	-	-
Profit for the year	8,244,405	9,351,343	8,034,598	9,183,818
Total comprehensive income attributable to:
Equity holders of the Bank	9,822,913	9,370,366	9,664,584	9,237,172
Non-controlling interest	17,907	18,265	-	-
Total comprehensive income for the year	9,840,820	9,388,631	9,664,584	9,237,172
Earnings per share Basic earnings per share (in Baht)	0.1879	0.2134	0.1835	0.2100
Diluted earnings per share (in Baht)	0.1876	0.2128	0.1832	0.2094