Year 2007

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SUMMARY OF QUARTERLY FINANCIAL RESULTS (Baht’000) 2007 2006 ๖(Restated) (Restated) Quarterly Results of Operations Q 1 Q 2 Q 3 Q 4 Q 1 Q 2 Q 3 Q 4 Premium Written 2,194,953 1,813,177 1,741,119 1,907,062 2,058,414 1,763,093 1,725,266 1,880,754 Income on Underwriting 120,207 49,089 173,288 303,573 173,601 94,641 204,110 187,915 Operating Expenses 136,402 135,461 146,088 146,221 101,527 123,211 127,455 122,115 Net Underwriting Profit (16,195) (86,372) 27,200 157,352 72,074 (28,570) 76,655 65,800 Net Investment Income 152,806 193,029 175,523 67,797 91,740 174,599 145,185 87,731 Gain (Loss) on Sale of Securities and Assets 107,378 25,156 44,809 9,448 106,182 25,073 (496) (10,761) Share of Profit from Associated Companies Accounted for under the Equity Method 6,118 2,271 2,456 9,275 - - - 5,101 Profit before Income Tax 250,107 134,084 249,988 243,872 269,996 171,102 221,344 147,871 Income Tax 91,059 27,045 17,037 35,161 119,643 10,982 31,317 55,083 Net Income 159,048 107,039 232,951 208,711 150,353 160,120 190,027 92,788 Per Share (Baht) Basic Earnings Per Share .14 2.11 4.59 4.12 2.97 3.16 3.74 1.83 Ordinary Share (Shares) 50.7 Million 50.7 Million 50.7 Million 50.7 Million 50.7 Million 50.7 Million 50.7 Million 50.7 Million Dividends 2.75 2.75 2.75 3.75 2.75 2.75 2.75 3.75 Market Price High 230 250 290 292 304 234 218 226 Low 216 224 250 272 224 208 206 206 Par Value 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 30
THREE YEARS REVIEW (Baht’000) 2007 2006 2005 For the Year (Restated) Premium Written 7,656,311 7,427,527 6,939,322 Income on Underwriting 646,157 660,267 722,097 Operating Expenses 564,172 474,308 467,302 Net Underwriting Profit 81,985 185,959 254,795 Net Investment Income 589,155 499,256 446,444 Gain (Loss) on Sale of Securities and Assets 186,791 119,997 119,348 Share of Profit from Associated Companies Accounted for under the Equity Method 20,120 5,101 - Profit before Income Tax 878,051 810,313 820,587 Income Tax of 2004 - - 52,902 Income Tax 170,302 217,025 205,013 Net Income 707,749 593,288 562,672 At Year - end Unearned Premium Reserve 2,453,829 2,275,965 2,081,021 Shareholders’ Equity 13,673,817 12,796,775 11,794,770 Per Share (Baht) Basic Earnings Per Share* 13.96 11.70 11.10 Ordinary Share (Shares) 50.7 Million 50.7 Million 50.7 Million Dividends 12.00 12.00 12.00 Stock Dividends - - .00 Book Value 269.70 252.40 232.64 Market Price High 292.00 04.00 264.00 Low 216.00 206.00 210.00 Market Price at Year-end 274.00 224.00 262.00 Par Value 10.00 10.00 10.00 Number of Employees 1,079 1,057 1,036 * Remarks : Basic earnings per share is determined by dividing net earnings for the period by the number of ordinary shares after the issue of stock dividends in 2005. (50.7 million shares) 31
Page 3 and 4: CONTENTS FINANCIAL HIGHLIGHTS MESSA
Page 5 and 6: 2007 2006 Change 2007 For The Year
Page 7 and 8: The year 2008, therefore, is anothe
Page 9 and 10: In 2007, the Company developed a nu
Page 11 and 12: Marketing and Competition in 2007 F
Page 13 and 14: Nevertheless, there are still many
Page 15 and 16: 2. Underwriting Risks Thailand has
Page 17 and 18: 6.2 Interest Rate Risk As at Decemb
Page 19 and 20: Active Care Uniform Care Service Un
Page 21 and 22: (Baht : million) 2007 2006 Change N
Page 23 and 24: The net investment income in 2007 w
Page 25 and 26: to industrial all risks insurance.
Page 27 and 28: Investments in non-listed securitie
Page 29: INVESTMENTS IN SECURITIES Investmen
Page 34 and 35: BOARD OF DIRECTORS AND BOARD OF DIR
Page 36 and 37: Mr. Suvarn Thansathit Independent D
Page 38 and 39: MANAGEMENT COMMITTEE AND MANAGEMENT
Page 40 and 41: Miss Pagamas Charusathien Senior Vi
Page 42 and 43: Mr. Boonkird Chirapathama Senior Vi
Page 44 and 45: FIRST VICE PRESIDENT AND VICE PRESI
Page 46 and 47: ASSISTANT VICE PRESIDENT 1. Mr. Cha
Page 48 and 49: SOCIAL ACTIVITIES IN 2007 Continuin
Page 50 and 51: Scholarship Grants to Poor Students
Page 52 and 53: REPORT OF THE AUDIT COMMITTEE The B
Page 54 and 55: REPORT ON THE BOARD OF DIRECTOR’S
Page 56 and 57: BALANCE SHEETS As at December 31, 2
Page 58 and 59: INCOME STATEMENTS Financial stateme
Page 60 and 61: INCOME STATEMENTS Separate financia
Page 62 and 63: STATEMENTS OF CHANGES IN SHAREHOLDE
Page 64 and 65: STATEMENTS OF CASH FLOWS For the ye
Page 66 and 67: 4. Significant Accounting Policies
Page 68 and 69: 4.9 Unearned premium reserve Unearn
Page 70 and 71: Investments in debt securities as a
Page 72 and 73: 7.2 Summarised financial informatio
Page 74 and 75: (Baht’000) 2007 2006 Investments
Page 76 and 77: 12. Intangible Assets (Baht’000)
Page 78 and 79: 18. Basic Earnings Per Share Basic
Page 80 and 81:
Foreign Currency Risk The Company
Page 82 and 83:
Debtors, overdue under 3 months, fo
Page 84 and 85:
FINANCIAL RATIO 2007 2006 2005 Fina
Page 86 and 87:
SHAREHOLDING IN OTHER COMPANIES Inv
Page 88 and 89:
THE MANAGEMENT Management Structure
Page 90 and 91:
Name Position No. Of Attendance/ An
Page 92 and 93:
The Management Committee is made up
Page 94 and 95:
SHAREHOLDINGS STRUCTURE Breakdown o
Page 96 and 97:
Shareholding of Management Committe
Page 98 and 99:
PRINCIPLES OF GOOD CORPORATE GOVERN
Page 100 and 101:
For every shareholder’s meeting,
Page 102 and 103:
Customers The Company offers variou
Page 104 and 105:
4.3 Role and Duty Performance of th
Page 106 and 107:
(4) The Company’s Secretary The C
Page 108 and 109:
- The Use of Insider Information In
Page 110 and 111:
5.5 Procedure on the Determination
Page 112 and 113:
North Eastern Region: Khon Kaen 345
Page 114:
LINES OF BUSINESS Fire & Allied Lin
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Year 2007

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