Osim FR 050407.indd

Notes to the Financial Statements - 31 December 2006 (cont’d)32. Other operating expensesThe following items have been included in arriving at other operating expenses:Group2006 2005$’000 $’000Non-audit fees paid to:- Auditors of the Company 49 70- Other auditors* 356 738Impairment loss on goodwill (Note 13) – 2,841Impairment loss on fi xed assets (Note 10) 90 100Loss on disposal of fi xed assets 1,414 558Losses on deemed changes in shareholdings in a subsidiary and a jointventure – net (Note 11e, 12a) 1,067 –Foreign currency losses/(gains), net 4,032 (1,536)* Includes $293,000 (2005: $700,000) paid to Ernst & Young fi rms outside Singapore.33. Financial expenses and financial income(a)Group2006 2005$’000 $’000Financial expensesInterest expenses- bank loans 4,279 1,514- lease obligations 367 199- bills payable 2,302 1,023- bank overdraft 143 937,091 2,829Loan arrangement fees – 1,0507,091 3,879Notes to the Financial Statements 146Annual Report 2006