Page 57 - One report AUCT2024_Eng

Other revenues
Other revenues in 2024 are equal to 13.21 million Baht mainly derived from bank deposit interest. The Company obtained the average deposit interest rate between 1.23 – 2.05% per annum (2023: 0.15 – 2.10% per annum).
Cost of Services
Cost of Services
Vehicles expenses2
Salary and employee expenses
Rental of facilities and equipment related to auctions
Depreciation of right-of-use asset Depreciation
Cost of arranging auctions3 Security expenses
2022
2023
2024
Part 1
Business Operation and Operating Results
Million Baht
%1
15.88 9.23 0.80
8.78 3.73 3.76 2.67 4.98
Million Baht
%1
16.89 8.14 1.06
6.99 3.44 2.97 2.32 8.18
Million Baht
150.44
208.12
200.85
87.43
100.28
111.51
7.55
13.10
9.38
83.17
86.10
95.66
35.33
42.37
49.46
35.65
36.61
23.71
25.25
28.55
32.24
47.20
100.79
116.35
472.01
49.84
615.91
49.98
639.17
Others
%1
15.57 8.64 0.73
7.41 3.83 1.84 2.50 9.02
Total 49.54
Note:
1. Percentage of service revenue
2. Vehicle expenses were wages paid to moving companies that transferred vehicles that were up for auction from storage facilities to other locations in order to wait for auction and the expense of transporting after-sales cars to customers who auctions.
3. Thecostofarrangingauctionswasexpensesrelatedtothecleaningofcarsbroughttoauction,thefillingofcarsaftertheyhad
been auctioned so that an auctioned car can be moved, additional employee wages, decorations for the auction site, etc.
Total cost of services for 2024 was 639.17 million Baht (2023: 615.91 million Baht), and the ratio of revenue from services increased by 49.54% (2023: 49.98%). Most of the cost of services is the cost of vehicles caused by increased vehicles according to the volume of cars entering the auction process and ending the auction including the transportation costs fluctuating according to the up and down of fuel prices, increased employee expenses, and other auction costs. In 2024, the Company also still allocated expenses for personnel development to enhance quality of life of employees and arranged the employee satisfaction and engagement surveys with target to develop personnel with the organization on sustainable basis in the future.
บริษัท สหการประมูล จากัด (มหาชน)
57
Union Auction Public Company Limited