f CPN Commercial Growth Leasehold Property Fund
Financial Highlights

Income Statement

Unit: Baht Million FY2017 FY2016 Change
YoY
Property income 610.2 567.2 7.6%
Rental and service income 608.0 566.0 7.4%
Other income 2.2 1.2 83.6%
Interest income 1.4 3.1 (55.6%)
Total income 611.6 570.3 7.2%
Property expenses 141.2 138.7 1.8%
Cost of rental and service 90.3 89.9 0.4%
Selling and administrative expenses 2.4 2.1 13.5%
Property management fee 48.5 46.6 4.1%
Other expenses 0.0 0.0 4.0%
Interest expense 12.0 13.9 (13.8%)
Other management fees and expenses 5.6 5.9 (5.3%)
Total expense 158.8 158.6 0.2%
Net investment income 452.8 411.8 10.0%
Net realised gain (loss) from changes in investment value (0.1) 2.1 (103.6%)
Net unrealised gain (loss) from changes in investment value (203.5) (170.0) 19.7%
Net increase in net assets from operations 249.2 243.8 2.2%
Income available for distribution 452.8 411.8 10.0%
Distribution 414.7 395.4 4.9%
Distribution per unit (in Baht) 0.9720 0.9268 4.9%
Net property income margin 76.9% 75.5% 1.3%
Net investment income margin 74.2% 72.6% 1.6%

Source: CPNCG. Based on financial statements and review/audit reports of Certified Public Accountant of each quarter and year

 

Statement of Financial Position

Unit: Baht Million 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17
Investment at fair value 5,388.5 5,389.8 5,415.1 5,310.4 5,168.8 5,122.5 5,128.0 5,097.6
The Offices@CentralWorld 5,100.0 5,103.0 5,133.0 5,051.0 4,882.0 4,849.0 4,847.0 4,846.0
Investment in securities 288.5 286.8 282.1 259.4 286.8 273.5 281.0 251.6
Cash on hand and at banks 61.2 56.0 78.8 104.2 59.2 76.0 80.9 123.3
Other assets 2.8 7.8 7.1 5.1 4.1 9.1 7.5 5.0
Total assets 5,452.5 5,453.6 5,501.0 5,419.6 5,232.2 5,207.6 5,216.4 5,225.9
Deposits received from customers 177.1 183.5 189.2 191.8 183.4 186.9 192.4 193.7
Borrowing 324.2 317.3 310.3 303.4 296.0 288.6 281.2 273.8
Other liabilities 20.6 13.8 24.4 37.0 20.6 25.0 25.2 30.4
Total liabilities 521.9 514.6 523.9 532.2 499.9 500.5 498.8 497.9
Net asset 4,930.5 4,939.0 4,977.0 4,887.4 4,732.2 4,707.1 4,717.6 4,728.0
Capital received from unitholders 4,394.4 4,394.4 4,394.4 4,394.4 4,394.4 4,394.4 4,394.4 4,394.4
Retained earnings 536.1 539.7 582.6 493.0 337.8 312.7 323.3 333.6
NAV per unit (in Baht) 11.5566 11.5649 11.6656 11.4556 11.0918 11.0329 11.0576 11.0819

Source: CPNCG. Based on financial statements and review/audit reports of Certified Public Accountant for each quarter