2015 — Page 91

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

5

PROFIT BEFORE TAXATION

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

(a)

Staff costs:

2015

HK$'000

2014

HK$'000

Expense recognised in respect of defined benefit retirement plan

(note 16(a)(v))

4,091

1,580

Contributions to defined contribution retirement plan

2,778

2,725

Total retirement costs

Salaries, wages and other benefits

6,869

4,305

92,463

88,534

99,332

92,839

(b)

Other items:

2015

2014

HK$'000

HK$'000

Amortisation of leasehold land premium

Depreciation

1,369

1,369

5,893

5,960

Auditor's remuneration

Cost of inventories (note 17(b))

- audit services

- other services

531,507

2,052,562

1,689

1,630

305

305

Operating lease charges: minimum lease payments

- property rentals

5,217

5,707

Impairment losses on trade and other receivables

2,070

200

Rentals receivable from investment properties less direct outgoings

of HK$33,250,000 (2014: HK$29,919,000) (note)

(33,379)

(25,322)

Rentals receivable from operating leases, other than

those relating to investment properties, less direct outgoings

of HK$994,000 (2014: HK$982,000)

(4,269)

(5,250)

Interest income

(25,978)

(45,354)

Dividend income from listed investments

(24,756)

(15,376)

Note:

Included contingent rental income of HK$707,000 (2014: HK$107,000).

Hong Kong Ferry (Holdings) Company Limited

89

Annual Report 2015