Page 162 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
18. 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.
19. Expenses by nature
Significant expenses classified by nature are as follows:
(Unit : Baht)
2025 2024
Salaries and wages and other employee benefits 225,684,226 227,177,031
Transportation expense 143,954,432 201,081,830
Commission expense 2,326,572 2,682,227
Land rental expenses 92,632 6,834,231
Other expenses related to auction 48,392,267 35,430,771
Security service expenses 31,180,071 32,238,954
Depreciation expenses 170,614,553 158,417,130
Amortisation expenses 3,615,393 3,160,992
20. Income tax
Income tax expenses for the years ended 31 December 2025 and 2024 were made up as follows:
2025 (Unit : Baht)
2024
Current tax
Current income tax charge Adjustments in respect of income tax of previous year Deferred tax
Relating to origination and reversal of temporary differences Income tax expenses reported in profit or loss 53,846,057 91,957,050
980,399 -
(3,277,243) 2,515
51,549,213 91,959,565
162
Annual Registration Statement / Annual Report 2025
(Form 56-1 One Report)