27. Profit before tax
Group
2015 2014
$’000 $’000
Profit before tax is stated after charging/(crediting):
Allowance for impairment of doubtful receivables (net)
573
–
Bad debts written off
60
64
Amortisation of lease prepayments (Note 5)
292
281
Audit fees:
- auditor of the Company
332
309
- auditors of the overseas affiliates of the Company
267
297
- other auditors
17
3
Non-audit fees payable to auditor of the Company
–
29
Depreciation of property, plant and equipment (Note 4)
44,827 45,230
Employee benefits expense (Note 31)
37,166 43,332
Operating lease expenses (Note 30 (c))
2,225
2,358
Property, plant and equipment written off
873
1,249
Amortisation of intangible assets
852
1,264
Loss on foreign exchange (net)
1,293
–
28. Income tax expense
Major components of income tax expense
The major components of income tax expense for the years ended 30 June 2015 and
2014 are:
Group
2015 2014
$’000 $’000
Current income tax:
Current income tax
1,006
2,397
Under/(over) provision in respect of prior years
440
(836)
1,446
1,561
Deferred tax:
Movements in temporary differences
(1,343)
3,243
Under provision in respect of prior years
1,047
572
(296)
3,815
Total income tax expense
1,150
5,376
NOTES TO THE FINANCIAL
STATEMENTS
For the financial year ended 30 June 2015
ASL Marine Holdings Ltd. /Annual Report 2015
140
