Page 149 - One report AUCT2024_Eng

17. Statutory reserve
Pursuant to Section 116 of the Public Limited Companies Act B.E. 2535, the Company is required to set aside to a statutory reserve at least 5 percent of its net profit after deducting accumulated deficit brought forward (if any), until the reserve reaches 10 percent of the registered capital. The statutory reserve is not available for dividend distribution. At present, the statutory reserve has fully been set aside.
18. Expenses by nature
Significant expenses classified by nature are as follows:
Salaries and wages and other employee benefits Transportation expense
Commission expense
Land rental expenses
Other expenses related to auction Security service expenses Depreciation expenses Amortisation expenses
19. Income tax
2024
(Unit: Baht)
2023
198,057,568 208,683,573 2,216,705 11,379,917 49,601,355 28,643,663 140,513,319 1,295,957
Part 3
Financial Statements
227,177,031
201,081,830
2,682,227
6,834,231
35,430,771
32,238,954
158,417,130
3,160,992
Income tax expenses for the years ended 31 December 2024 and 2023 were made up as follows:
91,957,050
2,515
91,959,565
Current tax
Current income tax charge
Deferred tax
Relating to origination and reversal of temporary differences
Income tax expenses reported in profit or loss
(Unit: Baht)
2024 2023
91,718,383
(3,593,306) 88,125,077
บริษัท สหการประมูล จากัด (มหาชน)
149
Union Auction Public Company Limited