Annual Report 2012 - singapore land limited
Annual Report 2012 - singapore land limited
Annual Report 2012 - singapore land limited
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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