Straco Corporation Limited • Annual Report 2014
76
NOTES TO THE FINANCIAL STATEMENTS
17
Trade and other payables
Group
Company
2014
2013
2014
2013
$
$
$
$
Trade payables
2,174,883
1,257,373
–
–
Dividends payable
–
1,235,686
–
–
Accrued expenses
4,121,846
1,858,353
1,002,759
923,276
Amounts due to subsidiaries (non-trade)
–
–
535,822
946,032
Salary payable
1,039,850
921,698
–
–
Deferred income
1,393,185
699,813
–
–
Unutilised government subsidies
215,237
193,505
–
–
Rental payable
738,775
657,054
–
–
Utilities payable
158,065
140,682
–
–
Other payables
1,258,712
3,261,845
68,763
2,143,354
11,100,553
10,226,009
1,607,344
4,012,662
The amounts due to subsidiaries are unsecured, interest-free and repayable on demand. In 2013, included in other payables is an advance amounting
to $2,100,000 from a potential partner for joint bidding of a project. The whole amount was utilised as part of the purchase consideration upon the
successful bidding of the project in 2014.
18
Revenue
Group
2014
2013
$
$
Ticketing
87,744,239
69,170,152
Retail
2,555,103
2,226,718
Food and beverages
1,607,649
1,410,447
Rental income
341,765
–
Production service fee
–
33,070
Others
73,409
–
92,322,165
72,840,387
