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

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STATEMENTS OF CHANGES IN<br />

SHAREHOLDERSû EQUITY<br />

F<strong>in</strong>ancial Statements <strong>in</strong> which <strong>the</strong> equity method is applied<br />

For <strong>the</strong> years ended Decem<strong>be</strong>r 31, 2009 and 2008<br />

Issued and<br />

Paid-up<br />

Premium on<br />

Share Capital<br />

Share Capital<br />

Balance as at January 1, 2008 507,000 1,442,500<br />

Expenses Recognised Directly <strong>in</strong> Equity<br />

Investments <strong>in</strong> Available-for-Sale Securities<br />

Losses Recognised <strong>in</strong> Shareholders’ Equity - -<br />

Transferred <strong>to</strong> Income Statements on Disposals - -<br />

Net Expenses Recognised Directly <strong>in</strong> Equity - -<br />

Net Income for <strong>the</strong> Year - -<br />

Total Income and Expenses for <strong>the</strong> Year - -<br />

Dividend Paid (Note 16) - -<br />

Balance as at Decem<strong>be</strong>r 31, 2008 507,000 1,442,500<br />

Balance as at January 1, 2009 507,000 1,442,500<br />

Income Recognised Directly <strong>in</strong> Equity<br />

Investments <strong>in</strong> Available-for-Sale Securities<br />

Ga<strong>in</strong>s Recognised <strong>in</strong> Shareholders’ Equity - -<br />

Transferred <strong>to</strong> Income Statements on Disposals - -<br />

Net Income Recognised Directly <strong>in</strong> Equity - -<br />

Net Income for <strong>the</strong> Year - -<br />

Total Income for <strong>the</strong> Year - -<br />

Dividend Paid (Note 16) - -<br />

Balance as at Decem<strong>be</strong>r 31, 2009 507,000 1,442,500<br />

The accompany<strong>in</strong>g notes are an <strong>in</strong>tegral part of <strong>the</strong> fi nancial statements.<br />

64

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