Page 132 - TGIA_AnnualReport2011

Baht
2011 2010
Income
Membership Fee Under Section 9.2 1,915,000.00 1,945,000.00

Membership Fee Under Section 9.3 82,490,733.00 73,410,013.00
Membership Fee Under Section 9.4
- Property Insurance 4,574,618.00 2,757,677.00
- Marine Insurance and logistics 2,099,047.00 1,384,626.00
- Motor Insurance 36,817,061.00 23,334,108.00
- Miscellaneous, Accident and Health Insurance 1,277,809.00 2,331,253.00

Income from committees 752,246.96 476,349.55
Income from Arbitrator office 6,441,294.73 6,790,215.19
Income from The Insurance Premium Rating Bureau 1,416,130.81 2,499,842.09
Interest Receivables 1,169,772.03 437,317.95
Other Income 146,577.26 206,856.40
Total Receivables 139,100,289.79 115,573,258.18
Expenses
Expenses of the Development and Public Relations Committee 7,187,057.25 13,333,699.70
Expenses of the Accounting & Finance and Investment Committee 1,143,011.06 1,228,314.01

Expenses of the Legal and Compliance Committee 3,498,499.01 2,571,513.75
Expenses of the Property Insurance Committee 1,495,719.85 2,175,537.27
Expenses of the Marine Insurance and Logistics Committee 805,704.00 1,422,308.02
Expenses of the Motor Insurance Committee 35,237,674.04 21,369,637.80
Expenses of the Miscellaneous, Accident and Health Insurance 849,966.94 1,752,692.39
Committee
Expenses of the The Insurance Premium Rating Bureau 23,678,560.19 30,249,783.73
Expenses of the Arbitration Office 8,041,590.71 8,556,163.24
Administrative Expenses 29,740,724.99 26,812,062.03
Doubtful Debts (713,963.06) 3,044,091.06
Other Expenses 785,693.32 520,214.43

Total Expenses 111,750,238.30 113,036,017.43
Balance (Before deducting administrative and committees expenses) 27,350,051.49 2,537,240.75
Less Administrative and Committee Expense Reserve (26,303,308.25) 3,209,254.83
Balance 1,046,743.24 5,746,495.58

Note to financial statement is a part of this financial statement

(Mr. Jiraphant Asvatanakul)
President

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