Page 138 - TGIA_AnnualReport2012

Baht
2012 2011
For the year ended on December 31
Current Service Cost 434,897.00 1,254,894.00

Interest from obligations 145,508.00 200,862.00
Total 580,405.00 1,455,756.00

Costs recognized in income statement is higher than expenses above shown as follows.
Baht
2012 2011
For the year ended on December 31
Administrative Costs 580,405.00 1,455,756.00

Main assumption in actuarial projection on the date of reporting.

For the year ended on December 31, 2012 and 2011.
Discount rate 40% / Year
Rate of Salary Increase 7%
Staff Turnover Rate In variable to employment period
Mortality rate Thai Mortality Table 1997
Classified by Male and Female

12. Accumulated Fund
Baht
2012 2011
Balance at beginning of the year. 15,089,096.44 12,242,118.04
Set up a 2% increased budget into the Accumulated Fund Account. 2,836,600.00 2,905,080.00
- For 2012 in pursuance to the resolution of the Annual General
Meeting on March 27, 2012
- For 2011 in pursuance to the resolution of the Extra Ordinary
Meeting on June 28, 2011
2% Corporate Tax on Income Into the Fund (56,732.00) (58,101.60)
- Accumulated Fund in budget years 2012-2013

- Accumulated Fund in budget years 2011-2012
17,868,964.44 15,089,096.44
13. Working Fund
Working fund is set up according to the resolution of the Board to be used for purchasing consumable material,
hiring or servicing, etc. The amount of fund that has been spent will be recompensed to full amount of 1,000,000.00 Baht.

14. Approval of Financial Statements
This financial statement was approved and allowed to be published by the Executive Board on February 12, 2013.

136 รายงานประจ�าปี 2555 | Annual Report 2012