notes to the financial statements
for the financial year ended 31 December 2014 (Continued)
38 PROFIT FROM OPERATIONS
Group
Company
2014
2013
2014
2013
RM'000
RM'000
RM'000
RM'000
Profit from operations is stated after charging:
Impairment loss on financial assets
- trade receivables
3,780
14,267
-
-
- other receivables
2,712
4,069
-
15
Allowance for obsolete inventories
980
3,380
-
-
Staff costs (Note 46)
292,824
180,789
11,659
9,687
Directors’ fees
285
285
285
285
Amortisation of other intangible assets
22
22
-
-
Amortisation of prepaid lease payments
3,022
2,657
-
-
Auditors’ remuneration
- current financial year
2,869
2,586
100
100
- fees for non-audit services*
337
726
50
129
Impairment loss on trade receivables written off
2,673
2,928
-
-
Depreciation of property, plant and equipment
74,450
56,242
421
386
Depreciation of investment properties
365
384
219
249
Impairment loss on property, plant and equipment
14,548
-
-
-
Impairment loss on investment in a subsidiary
-
-
640
900
Impairment loss on investment in joint ventures
7,286
-
-
-
Inventories written off
230
135
-
-
Loss on foreign currency exchange:
- realised
8,902
12,860
328
-
- unrealised
3,224
5,325
-
7,705
Operating lease rental
12,328
11,296
-
-
Property, plant and equipment written off
168
107
-
-
Loss on disposal of property, plant and equipment
78
259
-
-
Written off
- biological assets
356
-
-
-
- other intangible assets
678
-
-
-
Rental of equipment
31,810
23,202
-
-
Rental of premises
25,834
15,876
212
248
Impairment loss on amount owing by an associate
47
47
-
-
Impairment loss on amount owing by a joint venture
120
9
-
-
Provision for warranties
3,221
6,649
-
-
144
Wah Seong Corporation Berhad • Annual Report 2014
