FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
73
NOTES TO FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONT’D)
6 OTHER INCOME
The Group
2015
$’000
2014
$’000
Gain on disposal of property, plant and equipment
383
190
Government grants
1,417
1,589
Foreign exchange gain
2,552
1,013
Amortisation of deferred gain (Note 25)
1,063
1,064
Others
1,399
1,682
6,814
5,538
7 PROFIT FOR THE YEAR
(a)
The Group
2015
$’000
2014
$’000
Amortisation of intangible assets (Note 17)
(1,205)
(2,384)
Depreciation of property, plant and equipment
(18,064)
(19,513)
Impairment of property, plant and equipment (Note 13)
(18)
-
Employee compensations (Note 7(b))
(112,740)
(116,013)
Purchase of raw materials, finished goods, toolings and consumables
(241,898)
(271,494)
Changes in inventories of raw materials, work-in-progress and finished goods
7,543
11,746
Transportation
(8,817)
(8,457)
Repairs and maintenance
(6,284)
(7,350)
Rework charges
(1,839)
(2,239)
Utilities
(9,641)
(10,742)
Insurance
(1,909)
(1,677)
Rental expense
(6,887)
(6,805)
Auditors remuneration paid and payable to:
- auditors of the Company
(256)
(283)
- other auditors*
(327)
(356)
Non-audit fees paid and payable to:
- other auditors*
(105)
(89)
Other expenses
(21,716)
(24,813)
Total cost of sales, selling and distribution expenses, administrative and general
expenses and other operating expenses
(424,163)
(460,469)
* Includes other auditors and member firms of Deloitte outside Singapore.
