Page 130 - TGIA_AnnualReport2014
P. 130
Thai General Insurance Association
Financial Statement (Cont.)
As at December 31, 2014
Bath
Liabilities and Accumulated Fund Notes 2014 2013
Current Liabilities
Accrued Expenses 2,370,447.27 3,710,650.36
Reserve deposit from member companies 7,316,846.38 6,667,548.46
Reserve deposit for Main crop rice insurance project 11 170,248,937.54 1,064,400.52
Expense reserve 12
7 committees 27,581,514.00 37,031,336.99
Central 20,342,618.26 24,639,361.63
Total Expense Reserve 47,924,132.26 61,670,698.62
Total Current Liabilities 227,860,363.45 73,113,297.96
Non Current Liabilities
Staff welfare obligations 13 7,690,796.00 4,891,713.00
Total Liabilities 235,551,159.45 78,005,010.96
Accumulated Fund
Fund transferred from the former insurance association 331,818.43 331,818.43
General reserve 1,894,962.02 1,793,091.82
Accumulated fund 14 17,868,964.44 17,868,964.44
Working fund 15 1,000,000.00 1,000,000.00
Reserve for New Premises of the Association 16 70,845,000.00 40,000,000.00
Reserve for Contingency 17 4,519,600.00 2,369,600.00
Accumulated incomes higher than expenses 26,101,139.52 19,548,297.71
Total Accumulated Fund 122,561,484.41 82,911,772.40
Total Liabilities and Accumulated Fund 358,112,643.86 160,916,783.36
Note to financial statement is a part of this financial statement
(Mr. Anon Vangvasu)
President
128 รายงานประจำาปี 2557 | Annual Report 2014
