notes to the financial statements
for the financial year ended 31 December 2014 (Continued)
35 GROSS REVENUE
Group
Company
2014
2013
2014
2013
RM'000
RM'000
RM'000
RM'000
Contract revenue
676,109
513,688
-
-
Sale of goods
880,803
823,363
-
-
Provision of services
800,603
301,572
-
-
Engineering services
7,977
43,332
-
-
Rental income
71,539
96,493
-
-
Commission income
1,589
935
-
-
Dividend income
-
-
55,531
63,469
Interest income
-
-
7,267
3,190
Management fees
-
-
6,318
2,277
2,438,620
1,779,383
69,116
68,936
36 COST OF SALES
Group
2014
2013
RM’000
RM’000
Contract costs
548,300
447,069
Cost of goods sold
787,320
754,691
Cost of provision of services
566,745
210,776
Cost of engineering services
4,621
28,046
Direct operating costs relating to rental income
45,978
65,672
1,952,964
1,506,254
37 OTHER LOSSES - NET
Group
2014
2013
RM'000
RM'000
Fair value losses arising from fair value changes of derivative financial instruments:
- Forward currency contracts
(3,123)
(1,309)
- Interest rate caps
(32)
(32)
(3,155)
(1,341)
143
Wah Seong Corporation Berhad • Annual Report 2014
