Form 56-1 One Report 2021 Bancassurance incentive paid to staff was reclassified from “BA fee expense” to “HR expense” to reflect nature of transaction. Hence, net fee income and HR expense increased in the fourth quarter 2021. For comparative purposes, figures in previous period were reclassified in MD&A. In 2021, total non-interest income of the Bank and its subsidiaries was THB14,537 million, a decrease of 6.5% over-year. Key items are as follows. • Net fees and service income was reported at THB11,248 million, decreased by 0.9% from last year, mainly due to lower Non-auto BA fees and non-recurring fee, offsetting the higher auto BA fee and mutual fund fee. • Share of profit from investment using equity method was recorded at THB346 million. Figure 4: Non-interest income (THB million) FY2021 FY2020 YoY (%) Fees and service income 15,190 16,139 -5.9% Acceptance, Aval & Guarantee 587 566 3.8% Other fee and service income 14,603 15,573 -6.2% Fees and service expenses 3,941 4,791 -17.7% Net fees and service income 11,248 11,348 -0.9% Gains on financial instrument designated at fair value through profit or loss 1,480 1,726 -14.2% Gains on investments, net 182 678 -73.2% Share of profit from investment using equity method 346 363 -4.7% Gains on sale of properties foreclosed, assets & other assets 368 222 65.5% Dividend income 91 84 8.9% Others 821 1,120 -26.7% Non-interest income 14,537 15,541 -6.5% Note: 1. Consolidated financial statements 2. In 4Q21, the Bank reclassified fee service income, service expenses and OPEX to reflect nature of business, therefore figures in previous period are reclassified for comparative purposes 131
RkJQdWJsaXNoZXIy ODEyMzQ3