NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
LO
5
PROFIT BEFORE TAXATION
Profit before taxation is arrived at after charging/(crediting):
(a) Staff costs:
2018
HK$'000
2017
HK$'000
Expense recognised in respect of defined benefit retirement plan
(note 16 (a)(v))
1,337
1,346
Contributions to defined contribution retirement plan
2,675
2,427
Total retirement costs
Salaries, wages and other benefits
4,012
3,773
97,301
87,389
101,313
91,162
(b) Other items:
Amortisation of leasehold land premium
Depreciation
Cost of inventories (note 17(b))
Auditor's remuneration
- audit services
- other services
2018
2017
(restated)
HK$'000
HK$'000
1,369
1,369
5,445
5,676
512,935
53,146
1,764
1,737
351
335
Operating lease charges: minimum lease payments
- property rentals
2,734
2,684
Impairment losses on trade and other receivables
122
Rentals receivable from investment properties less direct outgoings
of HK$54,125,000 (2017: HK$51,340,000) (note)
(45,096)
(44,096)
Rentals receivable from operating leases, other than those relating
to investment properties, less direct outgoings of HK$2,309,000 (2017: HK$1,731,000)
Interest income
Dividend income from other financial assets designated
at FVPL
Dividend income from other financial assets designated
at FVOCI
(887)
(1,193)
(37,105)
(35,148)
(3,174)
(390)
(9,436)
(11,273)
Note:
Included contingent rental income of HK$4,054,000 (2017: HK$2,324,000).
122
Hong Kong Ferry (Holdings) Company Limited Annual Report 2018