ANNUAL REPORT 2017 Financial Highlights Financial Highlights (Unit: Thousand Baht) 2014 2015 2016 2017
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ANNUAL REPORT 2017 Financial Highlights Financial Highlights (Unit: Thousand Baht) 2014 2015 2016 2017 Revenues Revenue from television programs 1,843,211 2,124,549 2,416,210 3,478,354 Revenue from animation and computer graphic 14,122 5,050 268 535 Revenue from movies 20,625 20,117 - - Revenue from concerts and plays - 167,923 118,145 184,330 Revenue from event marketing 169,533 108,063 116,357 138,010 Revenue from management fee 150 60 Revenue from sale of goods and rendering of other services 5,307 8,000 15,925 51,213 Other income 57,138 20,376 26,420 24,998 Share of gain of investments in joint ventures 52,009 14,430 2,139 -12,840 Total revenues 2,161,943 2,468,507 2,695,614 3,864,661 Total costs 1,433,824 1,375,861 1,504,750 1,741,278 Selling and Administrative expenses 661,153 763,681 823,039 859,618 Net Profit -16,021 150,341 198,631 904,089 Financial Position Current Assets 1,288,336 1,760,674 1,725,621 2,676,586 Total assets 4,985,067 5,588,357 5,422,405 6,447,772 Liabilities 3,306,141 2,801,687 2,435,899 2,004,348 Equity 1,678,926 2,786,670 2,986,506 4,443,424 2 (Unit: Thousand Baht) 2014 2015 2016 2017 Financial Ratio Current Ratio (Times) 1.4 1.6 1.8 2.2 Debt to Equity Ratio (Times) 2.0 1.0 0.8 0.5 Gross Profit (%) 30.2 43.5 43.6 54.8 Net Profit (%) -0.7 6.1 7.4 23.5 Return on Assets (%) -0.4 2.8 3.7 14.0 Return on Equity (%) -1.0 6.8 6.7 20.3 Earnings per Share -0.0 0.4 0.5 2.1 Dividend per Share 0.44 0.34 0.27 1.388 * Dividend Payout Ratio to Net Income (%) 73% 81% 81% 77%* * Notes The Board of Directors the meeting No.1/2018 on February 26,2018. Approved the allocation of the net profit as the cash dividends payment from the company’s operation from January 1,2017 to December 31,2017 at the rate of Baht 1.388 per share, or not exceeding in total of Baht 606,000,000 or 76.8% Income and Net Profit Asset (unit : MB) (unit : MB) 4000 7500 3,865 6000 3000 6,447 4500 4,443 5,588 2,696 2000 5,422 2,469 2,801 3000 2,986 2,435 2,786 904 1000 2,004 199 1500 150 0 0 2015 2016 2017 2015 2016 2017 Income Net Profit Asset Liabilities Equity 3 Board of Directors 1. Mr. Phanya Nirunkul (Age 63 years) Position : Chairman Chairman of the Nomination and Remuneration Committee 2. Mr. Prapas Cholsaranon (Age 58 years) Date of Directorship : February 19, 2004 Position : Vice Chairman Education : Member of the Nomination and Doctoral Degree Remuneration Committee • Doctor of Arts (Honorary Degree) Date of Directorship : February 19, 2004 of Communication Arts, Mahasarakham University Education : • Doctor of Arts (Honorary Degree) Doctoral Degree of Business Administration (Marketing), • Doctor of Arts (Honorary Degree) Rajamangala University of Technology Tawan-ok of Communication Arts (Broadcasting), • Doctor of Arts (Honorary Degree)of Sripatum University Communication Arts (Broadcasting), Bachelor’s Degree Sripatum University • Bachelor of Architecture , Chulalongkorn University Bachelor’s Degree Experience : • Bachelor of Architecture , Chulalongkorn University 1989 - Present Vice Chairman Experience : Member of the Nomination and 1989 - Present Chairman Remuneration Committee, Chairman of the Nomination and Workpoint Entertainment Public Remuneration Committee, Company Limited Workpoint Entertainment Public Certifications : Company Limited • Directors Accreditation Program (DAP) No. 10/2004, Certifications : Thai Institute of Directors Association (IOD) • Directors Accreditation Program (DAP) No. 10/2004, • The Executive Program in Energy Literacy Thai Institute of Directors Association (IOD) for a Sustainable Future Tea Class 10, Thailand Energy Academy Number of Share Holding : (as of 31/12/2017) • 105,845,822 shares or 24.118% Number of Share Holding : (as of 31/12/2017) of the total paid up capital • 101,286,187 shares or 23.080% of the total paid up capital 4 4. Mr. Kanit Vattanapradit (Age 58 years) Position : Director , Chief Internal Control Officer Date of Directorship : March 1, 2013 Education : 3. Mr. Phanich Sodsee (Age 54 years) Master’s Degree Position : Director, Group Chief Executive Officer • Master of Public Administration Program, Date of Directorship : February 19, 2004 National Institute of Development Education : Administration Bachelor’s Degree Bachelor’s Degree • Bachelor of Fine Arts (Sculpture Division), • Bachelor of Business Administration, Chiang Mai University Ramkhamhaeng University Experience : Experience : 1991 - Present Director, March 2012 - Present Director, Group Chief Executive Officer, Chief Internal Control Officer, Workpoint Entertainment Public Workpoint Entertainment Company Limited Public Company Limited Certifications : 2004- February 2012 Director, Chairman of Audit Committee, • Directors Accreditation Program (DAP) Workpoint Entertainment No. 10/2004 , Thai Institute of Directors Public Company Limited Association (IOD) 1999 - February 2012 Financial Manager, Number of Share Holding : (as of 31/12/2017) Thai Sumiden Engineering and • 195,000 shares or 0.044% Construction Company Limited of the total paid up capital Certifications : • Directors Accreditation Program (DAP) No. 9/2004, Thai Institute of Directors Association (IOD) Number of Share Holding : (as of 31/12/2017) • None 5 6. Mr. Chalakorn Panyashom (Age 43 years) Position : Director, Chief Operating Officer Date of Directorship : April 11, 2014 Education : Master’s Degree 5. Mrs. Vichanee Srisawat (Age 47 years) • Master6 of Economics Program (Business Economics), Position : Director, Chief Marketing Officer National Institute of Development Administration Date of Directorship : April 26, 2010 Bachelor’s Degree Education : • Bachelor of Engineering (Instrumentation Engineering), King Mongkut’s Institute of Technology Ladkrabang Master’s Degree • Master of Business Administration, Experience : Chulalongkorn University 2013 - Present Director , Chief Operating Officer, Bachelor’s Degree Workpoint Entertainment Public • Bachelor of Business Administration, Company Limited Ramkhamhaeng University 2005 - 2012 Vice President - Satellite Television and Special Project, Experience : Workpoint Entertainment Public 1994 - Present Director, Chief Marketing Officer, Company Limited Workpoint Entertainment Public Certifications : Company Limited • Directors Accreditation Program (DAP) No. 133/2017, Certifications : Thai Institute of Directors Association (IOD) • Directors Accreditation Program (DAP) No. 89/2011, • Academy of Business Creativity (ABC) No.3, Sripatum Thai Institute of Directors Association (IOD) University • Academy of Business Creativity (ABC) No.5, • Leader Program No.22, Capital Market Academy Sripatum University Number of Share Holding : (as of 31/12/2017) Number of Share Holding : (as of 31/12/2017) • 10,000 shares or 0.002% • 150,200 shares or 0.034% of the total paid up capital of the total paid up capital 6 8. Pol.Maj.Gen. Pratchai Jaichansukit (Age 62 years) Position : Director, Chairman of the Audit Committee, Member of the Nomination and Remuneration Committee Date of8 Directorship : February 19, 2004 Education : 7. Miss Aongorn Somprasong (Age 48 years) Master’s Degree • Master of Public Administration, Position : Director Chulalongkorn University Date of Directorship : April 24, 2015 • Master of Science (Environmental Science), Education : Kasetsart University Master’s Degree Bachelor’s Degree • Master of Business Administration, • Bachelor of Laws, Thammasat University San Diego State University USA • Bachelor of Arts (Political Science), Bachelor’s Degree Ramkhamhaeng University • Bachelor of Accountancy, Experience : Chulalongkorn University 2004 - Present Director , Chairman of the Experience : Audit Committee, Member of the Present Director , Nomination and Remuneration Workpoint Entertainment Public Committee, Company Limited Workpoint Entertainment Public 2002 - 2013 Vice President - Finance & Accounting, Company Limited Minor International Public 2015 - 2016 Commander of Samutsongkhram Company Limited Provincial Police Director , Private Equity(Thailand) Certifications : Company Limited • Directors Accreditation Program (DAP) No. 9/2004, Certifications : Thai Institute of Directors Association (IOD) • Director Certification Program (DCP) No. 164/2012, • Audit Committee Program (ACP) No.20/2007, Thai Institute of Directors Association (IOD) Thai Institute of Directors Association (IOD) Number of Share Holding : (as of 31/12/2017) Number of Share Holding : (as of 31/12/2017) • None • None 7 10. Miss Pornthip Moonsawat (Age 54 years) Position : Director , Member of the Audit Committee Date of Directorship : March 30, 2012 Education : Master’s Degree • Master of Business Administration (Marketing), National Institute of Development Administration Bachelor’s Degree • Bachelor of Accounting, Thammasat University Experience : 2012 - Present Director, Member of the Audit Committee, Workpoint Entertainment Public Company Limited 9. Mr. Somkiat Tiloklert (Age 63 years) Present Managing Director, Position : Director, Member of the Audit Committee North Accounting Company Limited Date of Directorship : November 11, 2008 Managing Director, JK Consulting Company Limited Education : Accounting Director, IV Global Securities Bachelor’s Degree Public Company Limited • Bachelor of Architecture, Advisor , Thepnakorn Service Chulalongkorn University Korat Limited Partnership Experience : Advisor , Ratchasima Thepnakhon 2008 - Present Director, Member of the Company Limited Audit Committee, Advisor , Thepnakorn Auto Service Workpoint Entertainment Public Company Limited Company Limited Advisor , Thep Nakorn Car Company