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80 CORDLIFE GROUP LIMITED
Annual Report 2014
NOTES TO THE FINANCIAL STATEMENTS
For the Financial Year ended 30 June 2014
5. Other operating income
Group
2014 2013
$’000 $’000
Fees for providing training and technical know-how transfer to associate 682 –
Rental income 109 –
Grant income 253 –
Others 229 28
1,273 28
6. Finance income
Group
2014 2013
$’000 $’000
Interest income from fixed deposits 288 205
Interest income from convertible bond – 287
288 492
7. Finance costs
Group
2014 2013
$’000 $’000
Interest expense 217 103
Less: Interest expense capitalised in construction-in-progress (Note 12) – (57)
217 46
8. Profit before income tax
Profit before income tax is stated after charging/(crediting):
Group
Note 2014 2013
$’000 $’000
Employee benefits expense 31 12,398 7,654
Audit fees paid to auditors of the Company 226 161
Non-audit fees paid to auditors of the Company 34 46
Exchange gain (2) (59)
Operating lease expenses 644 520
Depreciation for property, plant and equipment 1,290 726
Impairment loss on trade receivables, net 141 293
Bad debts written off 51 124
Amortisation of intangible assets 218 39
(Gain)/loss on disposal of property, plant and equipment (12) 34