Page 95 - Forterra

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NOTES TO THE
FINANCIAL STATEMENTS
20 ADMINISTRATIVE EXPENSES
The following items have been included in arriving at administrative expenses for the year:
2012 2011
$’000 $’000
Equity-settled unit-based expenses 552 297
Unit options surrendered 60 –
Valuation fees 285 152
Depreciation 367 339
There are no employee expenses as the Group’s administrative and operating functions are managed
by the Trustee-Manager and the Property Manager.
21 FINANCE INCOME
2012 2011
$’000 $’000
Interest income on bank deposits 205 466
Others – 166
205 632
22 FINANCE COSTS
2012 2011
$’000 $’000
Interest expenses on bank borrowings 37,768 32,178
Interest expenses on convertible debts 11,937 8,574
Amortisation of transaction costs for bank loans and convertible debts 4,882 3,561
54,587 44,313
23 PROFIT FOR THE YEAR
The following items have been included in arriving at the net profit for the year:
2012 2011
$’000 $’000
Non-audit fees paid/payable to:
– auditors of the Trust 6 214
– other auditors 45 –
51 214
Audit fees paid/payable to:
– auditors of the Trust 185 194
– other auditors 346 403
531 597