Straits Trading Company Limited - Annual Report 2015 - page 85

NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
83
ANNUAL REPORT 2015
11.
OTHER EXPENSES
Group
2015
2014
$’000
$’000
Exchange losses
18,576
4,880
Administrative expenses
5,183
4,519
Property related management fees
4,181
2,953
Professional fees
2,344
3,449
Operating lease expenses
1,779
1,230
Upkeep and maintenance expenses of properties
1,422
2,885
Marketing and distribution expenses
1,417
1,404
Impairment of doubtful receivables, net of reversal (note 21)
1,266
2,325
Property related taxes
1,221
2,171
Provision for repairs (note 31)
8,285
Provision for financial guarantee (note 31)
3,748
Other expenses
3,688
2,682
41,077
40,531
12.
PROFIT BEFORE TAX
Profit before tax is stated after charging the following:
Group
2015
2014
$’000
$’000
Audit fees paid/payable:
(a)
Auditors of the Company
406
359
(b)
Overseas affiliates of the auditors of the Company
–Continuing operations
250
263
–Discontinued operations
33
(c)
Other auditors
10
10
Non-audit fees paid/payable:
(a)
Auditors of the Company
122
198
(b)
Overseas affiliates of the auditors of the Company
63
120
(c)
Other auditors
361
332
1,212
1,315
Loss on disposal of property, plant and equipment
16
14
Property, plant and equipment written off
31
53
1...,75,76,77,78,79,80,81,82,83,84 86,87,88,89,90,91,92,93,94,95,...171
Powered by FlippingBook