Page 109 - TLAA Annual Report 2024

Income and Expediture Statement

THE THAI LIFE ASSURANCE ASSOCIATION.

INCOME AND EXPEDITURE STATEMENT
For the year ended June 30, 2024
FOR THE YEAR ENDED JUNE 30, 2023

BAHT

REVENUES NOTES 2024 2023
Membership income 75,109,981.92 73,916,620.56
Revenue from Agent Exam - member companies 7,835,887.66 7,114,299.10

Rcvenue from Agent Exams Received from the Insurance Commission 12,698,831.78 11,040,813.09
Interest income 3,706,140.42 2,507,303.22

Other income 12 17,748,114.72 13,718,708.44
TOTAL REVENUES 117,098,956.50 108,297,744.41

EXPENDITURE
Cost of service for Agent Exam 29,720,940.36 29,246,505.85

Expense of management associates
Staff expenses 36,734,041.82 33,929,868.35
Office administrative expenses 17,371,966.99 12,982,421.33

Sub - committee expenses 8,330,308.55 11,864,508.90
Seminar program and project expenses 10,446,103.61 11,566,558.10

Donation for education and charity 387,850.00 560,000.00
TOTAL EXPENDITURE 102,991,211.33 100,149,862.53

SURPLUS OF INCOME OVER EXPENDITURE BEFORE INCOME TAX 14,107,745.17 8,147,881.88
INCOME TAX 13 (1,136,270.72) (888,206.73)

SURPLUS OF INCOME OVER EXPENDITURE 12,971,474.45 7,259,675.15

Notes to financial statement form an integral part of this statements.

รายงานประจำาปี 2567 Annual Report 2024 109