CIMB Thai Bank Public Company Limited
Statement of Financial Position
As at 31 December 2024
Consolidated | Separate | |||
31 December | 31 December | 31 December | 31 December | |
2024 | 2023 | 2024 | 2023 | |
Baht | Baht | Baht | Baht | |
Assets | ||||
Cash | 950,862,156 | 905,364,960 | 950,532,156 | 904,999,960 |
Interbank and money market items, net | 7,149,861,548 | 7,594,159,441 | 6,912,250,691 | 7,272,401,446 |
Financial assets measured at fair value | ||||
through profit or loss | 62,283,037,361 | 62,089,791,643 | 62,283,037,361 | 62,089,791,643 |
Derivative assets | 56,229,043,285 | 60,285,765,977 | 56,229,043,285 | 60,285,765,977 |
Investments, net | 106,403,971,840 | 112,778,907,674 | 105,584,437,721 | 112,776,907,674 |
Investments in subsidiaries, net | - | - | 2,895,420,707 | 2,895,420,707 |
Loans and accrued interest receivables, net | 248,850,387,832 | 241,101,161,846 | 245,812,067,478 | 236,437,428,410 |
Properties for sale, net | 1,133,386,238 | 1,386,349,656 | 957,127,064 | 994,476,996 |
Premises and equipment, net | 3,360,910,339 | 3,469,907,514 | 3,231,316,013 | 3,320,199,563 |
Right of use assets, net | 188,663,103 | 190,403,853 | 170,698,203 | 155,584,729 |
Intangible assets, net | 977,063,054 | 958,851,181 | 947,404,477 | 936,095,365 |
Deferred tax assets | 1,113,947,692 | 1,915,717,788 | - | 1,147,099,168 |
Credit support assets on derivatives | 12,668,356,035 | 12,466,327,345 | 12,668,356,035 | 12,466,327,345 |
Accounts receivable from sell of financial assets | ||||
measured at fair value through profit or loss | ||||
and investments | 4,881,956,304 | 2,069,146,301 | 4,881,956,304 | 2,069,146,301 |
Other assets, net | 2,264,607,556 | 1,764,489,943 | 2,054,148,524 | 1,649,086,179 |
Total assets | 508,456,054,343 | 508,976,345,122 | 505,577,796,019 | 505,400,731,463 |
CIMB Thai Bank Public Company Limited
Statement of Financial Position (Cont'd)
As at 31 December 2024
Consolidated | Separate | |||
31 December | 31 December | 31 December | 31 December | |
2024 | 2023 | 2024 | 2023 | |
Baht | Baht | Baht | Baht | |
Liabilities and equity | ||||
Liabilities | ||||
Deposits | 278,928,749,859 | 257,226,835,811 | 279,306,414,925 | 257,709,581,189 |
Interbank and money market items | 67,945,137,564 | 77,266,565,035 | 67,945,137,564 | 77,266,565,035 |
Liability payable on demand | 235,448,005 | 521,722,822 | 235,448,005 | 521,722,822 |
Financial liabilities measured at fair value | ||||
through profit or loss | 10,819,768,399 | 20,107,333,545 | 10,819,768,399 | 20,107,333,545 |
Derivative liabilities | 57,792,748,394 | 62,263,132,002 | 57,792,748,394 | 62,263,132,002 |
Debt issued and borrowings | 18,351,093,167 | 21,634,302,887 | 18,351,093,167 | 21,634,302,887 |
Lease liabilities | 193,045,435 | 194,550,490 | 174,794,357 | 159,268,107 |
Provisions | 1,556,699,046 | 2,269,617,452 | 1,446,475,898 | 2,149,477,479 |
Deferred tax liabilities | 92,399,070 | - | 21,753,054 | - |
Credit support liabilities on derivatives | 12,134,372,512 | 13,875,790,527 | 12,134,372,512 | 13,875,790,527 |
Accounts payable from purchase of financial | ||||
assets measured at fair value through profit or loss | ||||
and investments | 4,588,748,165 | 1,728,024,256 | 4,588,748,165 | 1,728,024,256 |
Other liabilities | 5,070,803,186 | 4,909,922,223 | 4,295,168,736 | 4,389,919,330 |
Total liabilities | 457,709,012,802 | 461,997,797,050 | 457,111,923,176 | 461,805,117,179 |
Equity | ||||
Share capital | ||||
Registered | ||||
34,822,261,748 ordinary shares | ||||
of Baht 0.50 each | 17,411,130,874 | 17,411,130,874 | 17,411,130,874 | 17,411,130,874 |
Issued and paid-up share capital | ||||
34,822,261,748 ordinary shares | ||||
of Baht 0.50 each | 17,411,130,874 | 17,411,130,874 | 17,411,130,874 | 17,411,130,874 |
Premium on share capital | 10,145,965,854 | 10,145,965,854 | 10,145,965,854 | 10,145,965,854 |
Other reserves | 1,735,642,396 | 807,328,024 | 1,755,077,949 | 829,696,421 |
Accretion of equity interests in subsidiary | (42,753,751) | (42,753,751) | - | - |
Retained earnings | ||||
Appropriated - statutory reserve | 927,601,000 | 791,601,000 | 927,601,000 | 791,601,000 |
Unappropriated | 20,569,455,168 | 17,865,276,071 | 18,226,097,166 | 14,417,220,135 |
Total equity | 50,747,041,541 | 46,978,548,072 | 48,465,872,843 | 43,595,614,284 |
Total liabilities and equity | 508,456,054,343 | 508,976,345,122 | 505,577,796,019 | 505,400,731,463 |
CIMB Thai Bank Public Company Limited
Statement of Comprehensive Income
For the year ended 31 December 2024
Consolidated | Separate | |||
2024 | 2023 | 2024 | 2023 | |
Baht | Baht | Baht | Baht | |
Interest income | 18,678,332,931 | 16,775,781,043 | 16,262,141,769 | 14,359,863,125 |
Interest expenses | (9,205,335,215) | (7,007,544,537) | (9,204,835,135) | (7,006,760,313) |
Net interest income | 9,472,997,716 | 9,768,236,506 | 7,057,306,634 | 7,353,102,812 |
Fees and service income | 2,115,964,476 | 1,828,257,407 | 1,625,527,556 | 1,236,136,956 |
Fees and service expenses | (685,435,855) | (635,129,572) | (421,767,697) | (371,902,332) |
Net fees and service income | 1,430,528,621 | 1,193,127,835 | 1,203,759,859 | 864,234,624 |
Gains on financial instruments | ||||
measured at fair value through | ||||
profit or loss | 1,519,492,280 | 844,397,568 | 1,519,492,280 | 844,397,568 |
Gains on investments | 735,839,334 | 464,948,759 | 735,839,334 | 464,948,759 |
Gains on sale of non-performing loans | 88,688,837 | 332,944,168 | - | - |
Other operating income | 1,855,011,902 | 1,167,928,828 | 1,495,632,985 | 894,681,915 |
Total operating income | 15,102,558,690 | 13,771,583,664 | 12,012,031,092 | 10,421,365,678 |
Other operating expenses | ||||
Employee expenses | 4,101,478,354 | 4,242,691,593 | 3,586,582,242 | 3,672,567,567 |
Directors' remuneration | 14,734,554 | 15,794,142 | 14,734,554 | 15,794,142 |
Premises and equipment expenses | 1,009,129,701 | 957,509,363 | 874,215,558 | 788,891,237 |
Taxes and duties | 480,720,441 | 431,162,884 | 477,805,740 | 427,581,877 |
Others | 3,251,865,040 | 2,986,099,768 | 1,316,522,879 | 1,284,319,102 |
Total other operating expenses | 8,857,928,090 | 8,633,257,750 | 6,269,860,973 | 6,189,153,925 |
Expected credit losses | 2,685,367,946 | 3,110,231,669 | 802,636,183 | 1,515,029,333 |
Profit before income tax expenses | 3,559,262,654 | 2,028,094,245 | 4,939,533,936 | 2,717,182,420 |
Income tax expenses | (707,142,264) | (422,823,335) | (982,715,612) | (560,599,760) |
Net profit for the years | 2,852,120,390 | 1,605,270,910 | 3,956,818,324 | 2,156,582,660 |
CIMB Thai Bank Public Company Limited
Statement of Comprehensive Income (Cont'd)
For the year ended 31 December 2024
Consolidated | Separate | |||
2024 | 2023 | 2024 | 2023 | |
Baht | Baht | Baht | Baht | |
Other comprehensive income (expenses) | ||||
Items that will be reclassified | ||||
subsequently to profit or loss | ||||
Gains (losses) on investments in | ||||
debt instruments measured at fair value | ||||
through othercomprehensive income | 539,109,960 | (353,720,105) | 539,109,960 | (353,720,105) |
(Losses) gains on fair value of hedging | ||||
instruments for cash flow hedges | (84,889,768) | 22,781,172 | (84,889,768) | 22,781,172 |
Gains arising from translating | ||||
the financial statement of a foreign operation | - | 47,156 | - | 47,156 |
Reclassification exchange differences on | ||||
translation of discontinued operation to profit or loss | - | 55,213,146 | - | 55,213,146 |
Income tax relating to items that will be | ||||
reclassified subsequently to profit or loss | (68,554,399) | 66,852,791 | (68,554,399) | 66,852,791 |
Total items that will be reclassified | ||||
subsequently to profit or loss | 385,665,793 | (208,825,840) | 385,665,793 | (208,825,840) |
Items that will not be reclassified | ||||
subsequently to profit or loss | ||||
Losses on investment in equity instruments | ||||
designated at fair value through other | ||||
comprehensive income | (10,672,021) | (10,473,707) | (10,672,021) | (10,473,707) |
Gains on financial liabilities designated at | ||||
fair value relating to own credit risk | 410,375,870 | 71,101,662 | 410,375,870 | 71,101,662 |
Remeasurements of post-employment | ||||
benefit obligations | 136,592,191 | (50,272,288) | 132,926,136 | (43,059,430) |
Income tax relating to items that will not be | ||||
reclassified subsequently to profit or loss | (113,908,110) | 122,283,451 | (113,174,899) | 120,840,879 |
Total items that will not be reclassified | ||||
subsequently to profit or loss | 422,387,930 | 132,639,118 | 419,455,086 | 138,409,404 |
Total other comprehensive income (expenses) | 808,053,723 | (76,186,722) | 805,120,879 | (70,416,436) |
Total comprehensive income | ||||
for the years | 3,660,174,113 | 1,529,084,188 | 4,761,939,203 | 2,086,166,224 |
CIMB Thai Bank Public Company Limited
Statement of Comprehensive Income (Cont'd)
For the year ended 31 December 2024
Consolidated | Separate | |||
2024 | 2023 | 2024 | 2023 | |
Baht | Baht | Baht | Baht | |
Net profit attributable to: | ||||
Shareholders of the Bank | 2,852,120,390 | 1,605,270,910 | 3,956,818,324 | 2,156,582,660 |
Non-controlling interests | - | - | - | - |
2,852,120,390 | 1,605,270,910 | 3,956,818,324 | 2,156,582,660 | |
Total comprehensive income | ||||
attributable to: | ||||
Shareholders of the Bank | 3,660,174,113 | 1,529,084,188 | 4,761,939,203 | 2,086,166,224 |
Non-controlling interests | - | - | - | - |
3,660,174,113 | 1,529,084,188 | 4,761,939,203 | 2,086,166,224 | |
Earnings per share for profit attributable | ||||
to the shareholders of the Bank | ||||
Basic earnings per share (Baht per share) | 0.08 | 0.05 | 0.11 | 0.06 |
Weighted average number of | ||||
ordinary shares (shares) | 34,822,261,748 | 34,822,261,748 | 34,822,261,748 | 34,822,261,748 |