70
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2014
6.
Expenses by nature
Group
2014
2013
$’000
$’000
Purchases of raw materials
17,824
29,532
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194
115
Fees on audit services paid/payable to:
- Auditor of the Company
222
190
- Other auditors*
44
25
Fees on non-audit services paid/payable to:
- Auditor of the Company
-
40
- Other auditors*
135
119
Allowance for impairment of trade receivables-net (Note 28(b)(iii))
599
94
Commission
111
188
Depreciation of property, plant and equipment (Note 18)
12,441
6,099
Directors’ fees
254
220
Donation
220
95
Employee compensation (Note 7)
35,702
26,369
Employee welfare
1,739
1,335
Entertainment and refreshment
367
457
Freight and handling charges
451
600
Insurance
1,487
982
Property tax
1,378
318
Printing and stationery
260
242
Professional fees
1,711
689
Repairs and maintenance
2,509
2,742
Rental expense on operating leases
4,772
2,990
Security fees
373
218
Subcontractors’ cost
23,039
7,672
Surveyor and testing fees
1,635
1,021
Telephone
420
291
Transportation
663
382
Travelling
1,122
638
Utilities
2,478
1,318
Other
2,742
1,963
Changes in inventories
(1,285)
205
Total cost of sales and administrative expenses
113,607
87,149
* Includes the network member firms of Nexia International.
