Directors - Boustead Holdings Berhad

Notes to the Financial Statements
5. OPERATING COST
96
Changes in inventories of finished goods
Group Company
2006 2005 2006 2005
RM’000 RM’000 RM’000 RM’000
and work in progress 25,205 6,973 (31) 1,158
Finished goods and work in progress
purchases 3,095,246 1,124,786 –– ––
Raw material and consumables used 260,048 242,269 63,189 50,196
Staff costs 179,544 149,492 6,346 6,661
Defined contribution plans 26,899 22,424 952 999
Depreciation 73,701 54,186 1,005 3,291
(Profit)/loss on disposal of property, plant
and equipment (7,364) 7,367 (21) (32)
Impairment loss
– Property, plant and equipment (Note 12) 9,500 36,551 –– ––
– Biological assets (Note 13) 9,500 48,978 –– ––
Other operating cost 262,279 149,650 9,503 8,054
3,934,558 1,842,676 80,943 70,327
Other operating cost include:
Rent paid – plantation assets 68,938 7,560 3,882 396
– others 14,456 4,698 866 799
Auditors’ remuneration – statutory audit 1,312 1,145 95 75
– non audit fees 25 100 25 20
Directors’ fees – current year 365 346 135 135
Directors’ remuneration – emoluments 1,541 1,296 60 60
– benefits 135 76 44 44
Hire of equipment 155 279 –– ––
Bad and doubtful debts – Subsidiaries –– –– 3,046 116
– others 2,536 13,932 34 5,103
Research and development 4,724 5,812 –– ––
Net foreign exchange gains (19,918) (3,398) –– ––
Write-down of inventories 342 952 –– ––
Reversal of write-down of inventories –– (1,140) –– ––