Page 96 - Anual report STi 2022_eng
P. 96
Administrative Expense Structure of the STI Group For the Year Ended December 31, 2021 - 2022
Consolidated Financial Statements for the Year Ended
Items December 31, 2021 December 31, 2022
Million Baht Percentage Million Baht Percentage
Employee expenses 150.72 51.23 172.65 54.16
Depreciation and Amortization 63.89 21.71 64.97 20.38
Professional Fee/Consulting Fee 14.08 4.79 15.74 4.94
Rental Expenses from Lease Agreement 4.13 1.40 4.65 1.46
Expected Credit Losses 8.11 2.76 5.38 1.69
Advertising, service promotion, and entertainment expenses 16.03 5.45 18.05 5.66
Utilities Fee 7.58 2.58 7.56 2.37
Insurance Premium 4.27 1.45 3.73 1.17
Office Supplies and Photocopying Fees 8.45 2.87 7.76 2.43
Others * 16.97 5.77 18.27 5.73
Total Administrative Expenses 294.23 100.00 318.76 100.00
Remark * Other administrative expenses such as repair expenses, public donations, bank fees, travel expenses, etc.
In 2022, the STI Group had an increase in administrative Financial cost
expenses of 24.53 million baht, or an increase of 8.34 The STI Group has financial costs in 2021 - 2022 in the
percent compared to 2021. This was mainly due to an ncrease amounts of 11.15 million baht and 12.93 million baht,
i
in personnel expenses to support business growth. The STI respectively. The financial costs of the STI Group can be
Group has expenses related to employees in 2021 - 2022 in classified into 2 main types: (1) interest expenses on loans;
the amount of 150.72 million baht and 172.65 million baht, and (2) interest expenses on lease liabilities. The details of
respectively, accounting for approximately 51.23 percent and the financial costs in each year are as follows:
54.16 percent of total administrative expenses.
Financial Cost Structure of the STI Group For the Year Ended December 31, 2021 - 2022
Consolidated Financial Statements for the Year Ended
Items December 31, 2021 December 31, 2022
Million Baht Percentage Million Baht Percentage
Interest expenses from loans 8.21 73.63 10.21 78.96
Interest expenses from lease liabilities 2.94 26.37 2.72 21.04
Total cost of finance 11.15 100.00 12.93 100.00
94 Annual Report 2022 (56-1 One Report)
