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Annual Report 2012 - singapore land limited

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66<br />

Singapore Land Limited - <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />

NOTES TO THE FINANCIAL STATEMENTS<br />

For the fi nancial year ended 31 December <strong>2012</strong><br />

5. COST OF SALES<br />

The Group<br />

<strong>2012</strong> 2011<br />

$’000 $’000<br />

Property operating expenses 58,498 57,568<br />

Cost of sales from hotel operations 65,803 80,069<br />

Cost of properties held for sale sold 198,631 196,789<br />

322,932 334,426<br />

6. INVESTMENT INCOME<br />

The Group<br />

<strong>2012</strong> 2011<br />

$’000 $’000<br />

Interest income from:<br />

- Bank deposits 287 39<br />

- Amount due from an associated company 22 22<br />

- Amounts due from joint ventures 1,844 909<br />

- Others 261 284<br />

2,414 1,254<br />

Dividend income from unquoted equity investments 2,229 1,665<br />

4,643 2,919

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