(Unit: Million)
| Financial Overview | 2018 | 2017 | 2016 |
|---|---|---|---|
| Statement of Income (million baht) | |||
| Warehouse rental and service income | 1,902.99 | 1,001.94 | 648.47 |
| Other rental and service income | 24.18 | 19.04 | 2.64 |
| Undertaking income | 51.01 | 58.39 | 57.83 |
| Interest income | 1.75 | 0.84 | 0.82 |
| Total income | 1,979.93 | 1,080.21 | 709.75 |
| Total expenses | (335.82) | (176.24) | (113.76) |
| Profit before financial costs and net gain (loss) from investment | 1,644.11 | 903.97 | 595.99 |
| Financial costs | (334.42) | (176.31) | (120.81) |
| Net investment income (Profit before net gain (loss) from investment) | 1,309.69 | 727.66 | 475.18 |
| Total net gain (loss) from investment | 163.32 | (49.15) | (95.38) |
| Increase net assets from operations during the year (Net profit) | 1,473.01 | 678.51 | 379.80 |
| Balance Sheet (million baht) | |||
| Investment in properties at fair value | 30,593.97 | 25,948.85 | 13,082.76 |
| Investment in securities at fair value | 1,130.71 | 346.61 | 181.69 |
| Cash and cash equivalents | 139.66 | 787.13 | 285.65 |
| Other assets | 786.98 | 731.87 | 372.45 |
| Total assets | 32,651.32 | 27,814.46 | 13,922.55 |
| Borrowing from financial institutions | 5,266.70 | 7,714.40 | 3,970.00 |
| Debentures | 4,200.00 | - | - |
| Other liabilities | 1,201.29 | 1,000.74 | 411.56 |
| Total liabilities | 10,667.99 | 8,715.14 | 4,381.56 |
| Net assets | 21,983.33 | 19,099.32 | 9,540.99 |
| Financial Ratio | |||
| Unit outstanding at the end of period (units) | 2,248,454,220 | 1,963,977,172 | 972,142,000 |
| Net assets value per unit (baht/unit) | 9.777 | 9.7248 | 9.8144 |
| Increase in net assets from operations period per unit (net profit per unit) (baht/unit) | 0.6551 | 0.3455 | 0.3907 |
| Current ratio1 (times) | 4.86 | 4.81 | 3.74 |
| Total liabilities to total assets (%) | 32.67 | 31.33 | 31.47 |
| Total liabilities to net assets value ratio (times) | 0.49 | 0.46 | 0.46 |
| Interest bearing debt to total assets ratio (%) | 28.99 | 27.74 | 28.51 |
| Net debt to EBITDA ratio 2(times) | 5.39 | 7.83 | 6.14 |
| Interest coverage ratio : ICR (times) | 4.92 | 5.13 | 4.93 |
| Interest Bearing Debt matured in 1 year to total interest bearing Debt (%) | 0.03 | 0.03 | 0.07 |
* Notes :
1 Current ratio = Current assets / Current liabilities
2 Net debt to EBITDA ratio = Debt - (Cash and cash equivalents + Investment in securities at fair value) / Earnings Before Interest Tax Depreciation and Amortization