2017E — Page 112

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

6

ROFIT BEFORE TAXATION

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:

2017

HK$'000

2016

HK$'000

Expense recognised in respect of defined benefit retirement plan

(note 18(a)(v))

1,346

1,444

Contributions to defined contribution retirement plan

2,427

2,775

Total retirement costs

Salaries, wages and other benefits

Other itsins:

Amortisation of leasehold land premium

Depreciation

Cost of inventories (note 19(b))

Auditor's remuneration

- audit services

- other services

Operating lease charges: minimum lease payments

3,773

4,219

87,389

90,915

91,162

95,134

2017

HK$'000

2016

HK$'000

1,369

1,369

5,676

5,884

56,486

87,224

1,737

1,692

335

335

- property rentals

Impairment losses on trade and other receivables

2,684

2,146

90

Rentals receivable from investment properties less direct outgoings

of HK$51,340,000 (2016: HK$46,114,000) (note)

(44,096)

(42,985)

Rentals receivable from operating leases, other than those relating to

investment properties, less direct outgoings of HK$1,731,000

(2016: HK$1,010,000)

(1,193)

(2,281)

Interest income

(35,148)

(22,531)

Dividend income from listed investments

(11,663)

(25,219)

Note: Included contingent rental income of HK$2,324,000 (2016: HK$2,454,000).

110

Hong Kong Ferry (Holdings) Company Limited

Annual Report 2017