Page 123 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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Form 56-1 One Report 2022

Key Financial Ratio (Continued)

Year ended December 31,
Financial Ratios Unit 2020 2021 2022

Specific Ratio for our Business
Cash collection from NPL management business to net NPLs % 10.83 11.54 13.88
9
Allowance for doubtful account to NPLs % 14.56 19.56 23.07
10
Cash collection from NPA management business to net NPAs % 17.76 24.54 21.56
11
Allowance for impairment of NPAs to NPAs % 1.71 1.69 1.66
12

Remark 1 Gross profit margin is calculated from the sum of (i) total interest income (excluding interst income on deposits);
(ii) gain (loss) on investment in securities - net; (iii) gain on loans purchased; (iv) gain on properties for sale;
(v) gain on installment sales; and (vi) other operating income less total interseet income and further divided
by the sum of (i) - (vi).
2 Opearting profit margin is calculated from operating profits before income tax expenses less interest income
on deposits and further divided by the sum of (i) total interst income (excluding interest income on deposits);
(ii) gain (loss) on investment in securities - net; (iii) gain on credit for purchase of receivables; (iv) gain on
sale of properties forecloased; (v) gain on installment sales; and (vi) other operating income.
3 Cash flow to income ratio is calculated from cash flows operations divided by operating profits before
income tax expneses and further less operating profits before income tax expenses.
4 Net profit margin is calculated from net profit divided by the sum of (i) total interest income (ii) gain (loss) on
investment securities - net; (iii) gain on loans purchased; (iv) gain on properties for sale; (v) gain on installment
sales; and (vi) other operating income.
5* Interest coverage ratio is calculated from cash flows from operating add back cash paid on interest and cash
paid on imcome tax and further divided by cash paid on interest.
6 Debt service coverage ratio (Cash Basis) is calculated from cash flows from operating divided by sum of (i)
cash paid on repayment of loans and debt securities; (ii) cash paid on debentures; (iii) cash paid on purchase
of property, plant, and equipment; (iv) cash paid on purchase of intangible assets; and (v) cash paid on
dividend payment to shareholders.
7 Dividend payout ratio is calculated from cash paid on dividend payment stipulated in statement of cash
flows divided by net profit of the preceeding year.
8* Interest bearing debt to equity ratio is calculated from debt issud and borrowing divided by shareholders’
equity