77
Straco Corporation Limited • Annual Report 2014
NOTES TO THE FINANCIAL STATEMENTS
19
Profit before income tax
The following items have been included in arriving at profit before income tax:
Group
Note
2014
2013
$
$
Other income
Interest income
3,334,544
3,250,178
Amortisation of government grant
64,932
61,370
Gain on disposal of property, plant and equipment
–
692,001
Negative goodwill recognised
113,546
–
Miscellaneous
1,779,366
1,584,990
5,292,388
5,588,539
Administrative and operating expenses
Audit fees paid to:
- auditors of the Company
119,500
73,000
- other auditors
142,350
137,093
Non-audit fees paid to:
- auditors of the Company
30,000
–
Amortisation of intangible assets
8
68,581
–
Acquisition-related costs
27
2,186,133
–
Depreciation of property, plant and equipment
4
4,430,678
3,947,358
Depreciation of investment property
5
117,096
–
Exchange loss/(gain)
1,487,792
(2,180,810)
Interest expense
–
2,260
Loss on disposal of property, plant and equipment
6,192
–
Operating lease expenses
4,730,519
3,726,796
Staff costs
Wages and salaries
9,916,017
7,566,154
Contributions to defined contribution plans
1,627,671
1,402,350
Share option expenses
1,340,081
452,800
Other staff benefits
725,287
763,057
13,609,056
10,184,361
