56-1 One Report / Annual Report 2021 Thanachart Capital Publ ic Company Limited 125 Capital Structure For the Year Ended 31 December 2021 VS 2020 2021 2020 2019 +/(-) Percent Interbank and Money Market Items - Borrowings from Financial Institutions 15,984 13,312 15,660 2,672 20.07 Debts Issued and Borrowings 34,308 33,887 44,780 421 1.24 Insurance Contracts Liabilities 11,414 12,231 13,096 (817) (6.68) Other Liabilities 6,888 8,557 13,332 (1,669) (19.50) Total Liabilities 68,594 67,987 86,868 607 0.89 Total Shareholders’ Equity 74,141 72,769 74,059 1,372 1.89 Total Liabilities and Equity 142,735 140,756 160,927 1,979 1.41 (Unit: Million Baht) Liabilities Total liabilities of Thanachart Group as of 31 December 2021 were 68,594 million baht, an increase of 607 million baht or 0.89 percent from the end of 2020. The key items were as follows: • Interbank and money market items - borrowings from financial Institutions and debts issued and borrowings totaled 50,292 million baht, an increase of 3,093 million baht or 6.55 percent from liquidity management. Shareholders’ Equity Total shareholders’ equity as of 31 December 2021 was 74,141 million baht, an increase of 1,372 million baht or 1.89 percent from the end of 2020. The total shareholders’ equity comprised of the following: • Equity attributable to the owners of the Company was 65,114 million baht, an increase of 1,803 million baht or 2.85 percent. This was mainly due to the operating net profit of the Company and its subsidiaries in 2021 of 5,287 million baht and the dividend payment of 3,146 million baht. • Equity attributable to non-controlling interest amounted to 9,027 million baht, a decrease of 431 million baht or 4.56 percent. This was mainly from the change in shareholding proportion of 3 subsidiary companies to be held 100 percent by the Company Cash Flows As of 31 December 2021, the Company and its subsidiaries had cash in the amount of 4 million baht. The details of the net cash flows from various activities were as follows: • Net cash flows from operating activities were 532 million baht, mainly due to 4,789 million baht in profit from operation. Key changes in operating assets and liabilities included a decrease of 799 million baht in property foreclosed; a decrease of 635 million baht in financial assets measured at Source of Fund Capital Structure As of 31 December 2021, the Company and its subsidiaries had funds from liabilities and shareholders’ equity of 68,594 million baht and 74,141 million baht, respectively. The ratio of debts to equity was at 0.93 times. The important components of funds from liabilities consisted of debts issued and borrowings which as of 31 December 2020 amounted to 34,308 million baht, accounting for 24.04 percent while interbank and money market items-borrowings from financial institutions, insurance contracts liabilities, and other liabilities accounted for 11.20 percent, 8.00 percent, and 4.82 percent of total source of fund.
RkJQdWJsaXNoZXIy ODEyMzQ3