6
PROFIT BEFORE TAXATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
Profit before taxation is arrived at after charging/(crediting) the amounts as set out below. The disclosures presented in this note include those amounts charged/(credited) in respect of the discontinued operation.
(a)
Staff costs:
2016
HK$'000
2015
HK$'000
Expense recognised in respect of defined benefit retirement plan
(note 18(a)(v))
1,444
4,091
Contributions to defined contribution retirement plan
2,775
2,778
Total retirement costs
4,219
6,869
Salaries, wages and other benefits
90,915
92,463
95,134
99,332
(b)
Other items:
2016
2015
HK$'000
HK$'000
Amortisation of leasehold land premium
1,369
1,369
Depreciation
5,884
5,893
Auditor's remuneration
Cost of inventories (note 19(b))
- audit services
- other services
―
87,224
531,507
1,692
1,689
335
305
Operating lease charges: minimum lease payments
- property rentals
2,146
5,217
Impairment losses on trade and other receivables
90
2,070
Rentals receivable from investment properties less direct outgoings
of HK$46,114,000 (2015: HK$33,250,000) (note)
(42,985)
(33,379)
Rentals receivable from operating leases, other than
those relating to investment properties, less direct outgoings
of HK$1,010,000 (2015: HK$994,000)
(2,281)
(4,269)
Interest income
(22,531)
(25,978)
Dividend income from listed investments
(25,219)
(24,756)
Note: Included contingent rental income of HK$2,454,000 (2015: HK$707,000).
Hong Kong Ferry (Holdings) Company Limited
Annual Report 2016
97