SCI Annual Report 2015
Annual Report
Annual Report
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<strong>SCI</strong> ELECTRIC PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES<br />
(FORMERLY KNOW AS “<strong>SCI</strong> ELECTRIC MANUFACTURER COMPANY LIMITED”)<br />
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)<br />
FOR THE TEAR ENDED 31 DECEMBER <strong>2015</strong><br />
Separate financial statements<br />
<strong>2015</strong> 2014<br />
Discount rate 2.62% per annum 4.58% per annum<br />
Salary increase rate 5.00% per annum 7.68% per annum<br />
Employee turnover rate Scale related to Age ranging from 0 - 23% Scale related to Age ranging from 0 - 43%<br />
Mortality rate<br />
According to Thailand TMO 2008 male and female tables<br />
Sensitivity analysis<br />
Reasonably possible changes at the reporting date to the relevant actuarial assumptions, holding other assumptions constant,<br />
would have affected the defined benefit obligation by the amounts shown below.<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2015</strong><br />
In Baht<br />
Consolidated financial statements Separate financial statements<br />
Increased Decreased Increased Decreased<br />
Employee benefit obligation<br />
As at 31 December <strong>2015</strong><br />
Discount rate (Change 1%) (1,935,942) 2,182,541 (888,731) 1,001,187<br />
Salary increase rate (Change 1%) 2,172,254 (1,966,216) 1,030,652 (931,576)<br />
Employee turnover rate (Change 1%) (2,143,183) 2,032,796 (980,340) 885,856<br />
Although the analysis does not take account of the full distribution of cash flows expected under the plan, it does provide<br />
an approximation of the sensitivity of the assumptions shown.<br />
26. Authorized Share Capital And Premium Share<br />
Consolidated and separate financial statements<br />
No of<br />
In Baht<br />
Commonshare Common share Premiun share Total<br />
As at 1 January 2014 (Par value of Baht 100 each) 1,650,000 165,000,000 - 165,000,000<br />
Issued shares - - - -<br />
As at 31 December 2014 (Par value of Baht 100 each) 1,650,000 165,000,000 - 165,000,000<br />
The devaluation par value from Baht 100 per share to<br />
Baht 1 per share<br />
165,000,000 165,000,000 - 165,000,000<br />
Issued shares 585,000,000 585,000,000 879,037,983 1,464,037,983<br />
As at 31 December <strong>2015</strong> (Par value of Baht 1 per share) 750,000,000 750,000,000 879,037,983 1,629,037,983<br />
The total number of authorised ordinary shares is 750 million shares (2014: 1.65 million shares) with a par value of Baht 1 per<br />
share (2014: Baht 100 per share). All issued shares are fully paid.<br />
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