NOTES TO THE
FINANCIAL STATEMENTS
Year ended 31 December 2014
17 TRUST EXPENSES
Group
Trust
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Trustee fees
280
266
280
266
Valuation fees
191
158
191
158
Auditors’ remuneration
– audit fees
237
200
101
91
– non-audit fees
97
82
74
50
Professional fees
1,418
1,216
1,120
775
Other expenses
513
548
411
452
2,736
2,470
2,177
1,792
18 FINANCE COSTS
Group and Trust
2014
2013
$’000
$’000
Interest paid and payable
– bank loans
6,217
5,762
– financial derivatives
1,141
933
7,358
6,695
Amortisation of transaction costs relating to debt facilities
897
1,411
Others
–
27
8,255
8,133
19 GAIN ON DISPOSAL OF INVESTMENT PROPERTIES
Gain on disposal of investment properties arose from the divestment of seven Japan properties with legal
completion on 26 December 2014.
20 INCOME TAX EXPENSE
Group
Trust
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Current tax expense
Withholding tax
9,235
3,559
–
–
Income tax expense
37
21
–
–
9,272
3,580
–
–
Deferred tax expense
Movement in temporary differences
3,435
2,727
–
–
3,435
2,727
–
–
Total
12,707
6,307
–
–
129
A N N U A L R E P O R T 2 0 1 4
