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Treasury China Trust Annual Report 2010 75

NOTES TO THE FINANCIAL STATEMENTS

Period from 19 May 2010 (date of constitution) to 31 December 2010

19 Administrative expenses

The following items have been included in arriving at administrative expenses for the period:

Period from 19/5/2010 to 31/12/2010 $’000

Staff costs 733 Equity-settled unit-based expenses 368 Depreciation of property, plant and equipment 121

1,222

20 Finance income

Period from 19/5/2010 to 31/12/2010 $’000

Interest income on bank deposits 192

21 Finance costs

Period from 19/5/2010 to 31/12/2010 $’000

Interest expense on bank borrowings 15,672 Swap breakage cost 8,039 Transaction cost written off 14,611

38,322

22 Profit for the period

The following items have been included in arriving at the net profit for the period:

Period from 19/5/2010 to 31/12/2010 $’000

Non-audit fees paid/payable to:

– auditors of the Trust 363 – other auditors 69

432

Less: Amount capitalised in units in issue

– auditors of the Trust (360)

72 Non-audit fees included in arriving at the net profit for the period:

– auditors of the Trust 3 – other auditors 69

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