UOBKH/AR09 [web] - ChartNexus

23 STAFF COSTS
The Group
2009 2008
$ $
Wages, salaries and other staff costs 97,536,307 102,616,283
Employers’ contribution to defined contribution plans including Central Provident Fund 1,881,762 3,857,711
99,418,069 106,473,994
24 FINANCE EXPENSE
The Group
2009 2008
$ $
Interest expense:
– bank borrowings from related parties (Note 5) 451,143 4,521,789
– borrowings from non-related banks 1,533,471 3,010,519
– others 3,401,083 6,311,590
5,385,697 13,843,898
25 OTHER OPERATING EXPENSES
The Group
2009 2008
$ $
Net fair value (gain) losses on financial assets at fair value through profit or loss (4,182,511) 2,029,980
Operating lease expenses 25,283,417 13,769,687
Marketing and business promotions 4,805,428 6,983,421
Communication expenses 14,580,119 13,526,182
Contract processing charges 4,404,833 3,448,454
Information services 6,856,438 6,310,161
Depreciation expenses 3,286,062 2,474,145
Loss (Gain) on disposal of property, plant and equipment
Non-audit fees:
90,243 (15,666)
– paid to auditors of the Company 58,045 37,000
– paid to other auditors 49,905 73,365
Maintenance and rental of office equipment 2,649,913 1,752,370
Printing and stationery 1,406,603 1,383,581
Allowance for impairment in financial assets, available-for-sale 1,426,318 2,671,040
General administrative expenses 13,160,695 9,606,875
73,875,508 64,050,595
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