5

PROFIT BEFORE TAXATION

Profit before taxation is arrived at after charging/(crediting):

(a)

Staff costs:

Hong Kong Ferry (Holdings) Company Limited Annual Report 2013

Notes to the Accounts (Continued)

2013

2012

HK$'000

HK$'000

Restated

Expense recognised in respect of defined benefit

retirement plan (note 17(a)(v))

1,671

1,504

Contributions to defined contribution retirement plan

2,658

2,521

Total retirement costs

Salaries, wages and other benefits

(b)

Other items:

4,329

4,025

82,144

79,608

86,473

83,633

2013

HK$'000

2012

HK$'000

Amortisation of leasehold land premium

1,369

1,370

Depreciation

6,059

7,068

Cost of inventories (note 18(b))

43,061

93,236

Auditor's remuneration

- audit services

1,608

1,427

- other services

283

268

Operating lease charges: minimum lease payments - property rentals

4,971

4,694

(Reversal of impairment losses)/impairment losses on trade and

other receivables

(24)

682

Impairment loss on amount due from an associate

324

Rentals receivable from investment properties less direct outgoings

of HK$24,770,000 (2012: HK$25,540,000)

(27,006)

(21,814)

Rentals receivable from operating leases, other than those relating

to investment properties, less direct outgoings of HK$973,000

(2012: HK$923,000)

(7,804)

(10,945)

Interest income

Dividend income from listed investments

(40,473)

(26,303)

(23,018)

(16,758)

77

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