FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
74
NOTES TO FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONT’D)
7 PROFIT FOR THE YEAR (CONT’D)
(b) Employee compensations
The Group
2015
$’000
2014
$’000
Salaries, wages and other short-term employee benefits
(103,480)
(106,915)
Employer’s contribution to defined contributions plans
(9,016)
(8,723)
Employee share option expense
(244)
(375)
(112,740)
(116,013)
8 FINANCE COSTS
The Group
2015
$’000
2014
$’000
Interest expense on:
- finance lease
(79)
(80)
- bank borrowings
(1,466)
(1,509)
(1,545)
(1,589)
9 EXCEPTIONAL ITEMS
The Group
Note
2015
$’000
2014
$’000
Exceptional items comprise:-
Indemnity compensation and post contractual remuneration
(i)
(2,310)
-
Reversal of sales commission accrued
(ii)
999
-
Impairment loss of deferred development costs
(iii)
(2,288)
-
Loss on winding up of subsidiaries
(iv)
(2,136)
-
Impairment loss of financial asset, available-for-sale
(v)
(240)
(535)
Impairment loss of goodwill in subsidiary
(vi)
-
(179)
(5,975)
(714)
