2014 — Page 70

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

50

68

PROFIT BEFORE TAXATION

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

(a)

Staff costs:

2014

HK$'000

2013

HK$'000

Expense recognised in respect of defined benefit

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

1,580

1,671

Contributions to defined contribution retirement plan

2,725

2,658

Total retirement costs

Salaries, wages and other benefits

4,305

4,329

88,534

82,144

(b)

Other items:

92,839

86,473

2014

HK$'000

2013

HK$'000

Amortisation of leasehold land premium

1,369

1,369

Depreciation

5,960

6,059

Cost of inventories (note 18(b))

2,052,562

43,061

Auditor's remuneration

- audit services

1,630

1,608

- other services

305

283

Operating lease charges: minimum lease payments - property rentals

5,707

4,971

Impairment losses/(reversal of impairment losses) on trade and

other receivables

200

(24)

Impairment loss on amount due from an associate

324

Rentals receivable from investment properties less direct outgoings

of HK$29,919,000 (2013: HK$24,770,000)

(25,322)

(27,006)

Rentals receivable from operating leases, other than those relating

to investment properties, less direct outgoings of HK$982,000 (2013: HK$973,000)

(5,250)

(7,804)

Interest income

(45,354)

(40,473)

Dividend income from listed investments

(15,376)

(23,018)

Hong Kong Ferry (Holdings) Company Limited Annual Report 2014

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