Statement of Assets and Liabilities
As at 31 December 2018		   2018 2017
Notes Baht Baht
Assets
Investments at fair value
(at cost in 2018: Baht 6,754.34 million and 2017: Baht 6,752.64 million) 		6, 14 7,132,223,062 7,224,186,063
Cash and cash equivalents 7 50,260,685 35,527,511
Cash at a financial institution pledged as security 8 - 30,000,000
Rental receivables, net 48,778,804 44,716,862
Other accounts receivable 921,433 942,371
Other assets 7,375,210 7,337,127
Total assets 7,239,559,194 7,342,709,934
 
Liabilities
Other accounts payable 30,172,635 33,863,046
Deposits received from customers 348,088,352 343,975,644
Accrued expenses 36,164,441 34,194,228
Borrowing 8, 12 - 100,000,000
Other liabilities 11,715,564 15,238,631
Total liabilities 426,140,992 527,271,549
Net assets 6,813,418,202 6,815,438,385
 
Net assets represented by
Capital received from unitholders 9 5,633,161,000 5,633,161,000
Retained earnings 9 1,180,257,202 1,182,277,385
Net asset value (Baht 12.8660 per unit in 2018 and Baht 12.8698 per unit in 2017 based on 529,566,100 units outstanding) 6,813,418,202 6,815,438,385
Statement of Operations (Unaudited)
For the year ended 31 December 2018		    
  2018 2017
Notes Baht Baht
Investment income
Rental and service income   1,017,143,814 1,016,834,977
Interest income 4,325,006 4,844,942
Other income 5,837,189 5,555,807
Total income 1,027,306,009 1,027,235,726
       
Expenses
Management fee 11, 12 9,626,695 9,704,505
Trustee fee 11 1,782,721 1,766,062
Registrar fee 11 1,985,772 2,033,000
Property management fees 11, 12 95,344,944 91,534,446
Professional fee 1,205,546 1,463,329
Property tax expenses 21,990,387 20,282,335
Marketing and administrative expenses 12 60,265,746 57,751,777
Insurance expenses 7,153,133 9,531,686
Interest expense 12 2,646,335 8,111,438
Other expenses 1,755,801 1,183,311
Total Expenses 203,757,080 203,361,889
Net Investment Income 823,548,929 823,873,837
 
Net unrealised loss from investment valuation   (93,708,760) (29,725,488)
Increase in net assets from operations 729,840,169 794,148,349
 




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