103 / 152
Notes to the
financial statements
For the financial year ended 31 December 2018
101
A N N U A L R E P O R T
2 0 1 8
6.
Other income/(expenses)
Group
2018
2017
$’000
$’000
Interest income from short term deposits and
quoted corporate bonds
522
661
Foreign exchange gain
320
–
Other sundry income
–
12
Rental income
97
62
Bargain purchase gain
24,709
–
Other income
25,648
735
Foreign exchange loss
–
(4,039)
Other expenses
–
(4,039)
7.
Profit/(loss) before tax
The following items have been included in arriving at profit/(loss) before tax:
Group
2018
2017
$’000
$’000
Depreciation of property, plant and equipment
11,363
2,806
Amortisation of intangible assets
259
22
Consultancy service fee paid / payable to directors
167
144
Operating lease expenses
1,585
1,245
Inventories and work-in-progress written down
32
501
Contract assets written down
506
–
Write back for warranty
(341)
(1,176)
Employee benefits expense (including executive directors):
– Salaries, wages, bonuses and other costs
8,530
5,024
– Contributions to defined contribution plans
678
548
Audit fees paid to auditors of the Company
182
176
Non-audit fees paid to:
– Auditors of the Company
61
11
– Other auditors
73
78
Legal and other professional fees
990
133
Allowance for doubtful debts
266
–