We aim to be the most preferred non-life insurer in Thailand

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BALANCE SHEETS As at December 31, 2009 and 2008 (Baht’000) Financial Statements in which the equity method is applied Separate Financial Statements in which the cost method is applied Assets 2009 2008 2009 2008 Investments in Securities Bonds (Note 10) 776,882 494,350 776,882 494,350 Note (Note 10) 460,968 240,968 460,968 240,968 Stocks 11,302,875 6,678,794 11,302,875 6,678,794 Debentures 40,767 - 40,767 - Unit Trusts 1,172,814 962,533 1,172,814 962,533 Other Securities 6,352 - 6,352 - Total Investments in Securities (Note 6, 9) 13,760,658 8,376,645 13,760,658 8,376,645 Loans Collateralised Loans 2,431,709 2,628,811 2,431,709 2,628,811 Other Loans 6,713 5,438 6,713 5,438 Total Loans (Note 7) 2,438,422 2,634,249 2,438,422 2,634,249 Investments in Associates (Note 8) 119,033 118,729 102,256 102,256 Cash and Deposits at Financial Institutions (Note 9, 10) 1,042,529 799,873 1,042,529 799,873 Property, Buildings and Equipment - Net (Note 11) 1,104,840 1,145,835 1,104,840 1,145,835 Amounts Deposit on Reinsurance Treaties 183,006 186,700 183,006 186,700 Due from Reinsurers (Note 9) 32,593 31,583 32,593 31,583 Premium Due and Uncollected - Net (Note 9, 12) 1,388,482 1,472,234 1,388,482 1,472,234 Accrued Investment Income 22,499 77,284 22,499 77,284 Other Assets Intangible Asset - Net (Note 13) 96,981 115,798 96,981 115,798 Leasehold Right - Land 83,247 88,881 83,247 88,881 Others (Note 9) 224,072 249,176 224,072 249,176 Total Assets 20,496,362 15,296,987 20,479,585 15,280,514 The accompanying notes are an integral part of the financial statements. 58
(Baht’000) Financial Statements in which the equity method is applied Separate Financial Statements in which the cost method is applied Liabilities and Shareholders’ Equity 2009 2008 2009 2008 Liabilities Unearned Premium Reserve (Note 14) 2,990,748 2,508,589 2,990,748 2,508,589 Loss Reserve and Outstanding Claims 1,274,331 1,187,815 1,274,331 1,187,815 Amounts Withheld on Reinsurance Treaties 418,157 391,100 418,157 391,100 Due to Reinsurers (Note 9) 497,822 378,639 497,822 378,639 Commission Payable 226,884 289,157 226,884 289,157 Other Liabilities Corporate Income Tax Payable 157,481 41,141 157,481 41,141 Premium Received in Advance 800,397 857,666 800,397 857,666 Liabilities Under Finance Lease Agreements (Note 15) 23,361 - 23,361 - Accrued Expenses 330,914 287,670 330,914 287,670 Others 184,878 152,630 184,878 152,630 Total Liabilities 6,904,973 6,094,407 6,904,973 6,094,407 Shareholders’ Equity Share Capital Registered 50,700,000 Ordinary Shares of Baht 10 each 507,000 507,000 507,000 507,000 Issued and Fully Paid 50,700,000 Ordinary Shares of Baht 10 each 507,000 507,000 507,000 507,000 Premium on Share Capital 1,442,500 1,442,500 1,442,500 1,442,500 Unrealised Gains Surplus on Changes in Values of Investments (Note 6) 6,925,870 2,867,955 6,925,870 2,867,955 Retained Earnings Appropriated Legal Reserve (Note 17) 50,700 50,700 50,700 50,700 General Reserve 3,100,000 3,100,000 3,100,000 3,100,000 Unappropriated (Note 14) 1,565,319 1,234,425 1,548,542 1,217,952 Total Shareholders’ Equity 13,591,389 9,202,580 13,574,612 9,186,107 Total Liabilities and Shareholders’ Equity 20,496,362 15,296,987 20,479,585 15,280,514 Off-Balance Sheet Items - Commitments Commitments (Note 21, 22) 329,273 341,416 329,273 341,416 59
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Bangkok Insurance aims to be the mo
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CONTENTS VISION 2 FINANCIAL HIGHLIG
Page 5 and 6:
We aim to be the most preferred non
Page 7 and 8: The year 2009 was, therefore, anoth
Page 9 and 10: In addition, the Company was still
Page 11 and 12: We aim to be the most preferred non
Page 13 and 14: As a consequence, it is anticipated
Page 17 and 18: 6.2 Interest Rate Risk The Company
Page 19 and 20: Increase Convenience for Premium Pa
Page 21 and 22: REPORT OF THE COMPANYûS OPERATIONS
Page 23 and 24: The net investment income in 2009 w
Page 25 and 26: Goals of Business Transactions For
Page 29 and 30: INVESTMENTS IN SECURITIES Investmen
Page 31 and 32: FIVE YEARS REVIEW (Baht’000) 2009
Page 33 and 34: Mr. Chatri Sophonpanich Chairman Mr
Page 35 and 36: Miss Potjanee Thanavaranit Independ
Page 37 and 38: Mr. Witcha Damrongsinsak Director M
Page 39 and 40: 1. Mrs. Srichittra Pramojaney 2. Mr
Page 41 and 42: Miss Pagamas Charusathien Senior Vi
Page 43 and 44: Mr. Sontaya Chaichomlert Senior Vic
Page 45 and 46: Bangkok Insurance, Your Caring Part
Page 47 and 48: 1. Mr. Anant Pongpoon 2. Ms. Anchan
Page 49 and 50: 1. Mr. Alonggorn Gradtip 2. Mr. Ana
Page 51 and 52: Bangkok Insurance Public Company Li
Page 53 and 54: Public Health Relief of Public Disa
Page 55 and 56: 3. Checking to Prevent a Conflict o
Page 57: To the Shareholders of Bangkok Insu
Page 61 and 62: (Baht’000) Motor Miscellaneous 20
Page 63 and 64: (Baht’000) Motor Miscellaneous 20
Page 65 and 66: (Baht’000) Surplus (Deficit) on R
Page 67 and 68: (Baht’000) Surplus (Deficit) on R
Page 69 and 70: For the years ended December 31, 20
Page 71 and 72: 4.4 Related party transactions Rela
Page 73 and 74: 5. Significant Accounting Judgments
Page 75 and 76: Investments in debt securities as a
Page 77 and 78: The Company received the 2008 finan
Page 79 and 80: (Baht’000) 2009 2008 Investments
Page 81 and 82: 12. Premium Due and Uncollected The
Page 83 and 84: 20. Basic Earnings Per Share Basic
Page 85 and 86: Foreign Currency Risk The Company
Page 87 and 88: Debtors, overdue under 3 months, fo
Page 89 and 90: FINANCIAL RATIO Financial Ratio 200
Page 91 and 92: SHAREHOLDING IN OTHER COMPANIES Inv
Page 93 and 94: THE MANAGEMENT Management Structure
Page 95 and 96: 4. To consider a selection and prop
Page 97 and 98: The Appointment of the Company’s
Page 99 and 100: Name Position No. of Attendance/ An
Page 101 and 102: Name of the Management Committee Po
Page 103 and 104: 1. The Board of Directors shall com
Page 105 and 106: SHAREHOLDINGS STRUCTURE Breakdown o
Page 107 and 108: Dividend Payment Policy Since it is
Page 109 and 110:
The Section on Consideration of Sta
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As for the consequence of an implem
Page 113 and 114:
4.1 Policy on Corporate Governance
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5. The Section on the Board of Dire
Page 117 and 118:
5.4 The Board of Directors’ Meeti
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GENERAL INFORMATION Name of Company
Page 121 and 122:
Motor Claims Service Center Krabi B
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Bangkok Insurance Building 25 Satho
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We aim to be the most preferred non-life insurer in Thailand

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