notes to the financial statements
for the financial year ended 31 December 2014 (Continued)
38 PROFIT FROM OPERATIONS (CONTINUED)
Group
Company
2014
2013
2014
2013
RM'000
RM'000
RM'000
RM'000
Profit from operations is stated after charging (continued):
and crediting:
Reversal of impairment loss on trade and other receivables
3,952
1,397
-
-
Gain on disposal of property, plant and equipment
236
456
-
-
Gain on foreign exchange
- realised
11,437
19,394
-
5,853
- unrealised
13,597
-
211
-
Bad debts recovered
-
824
-
-
Interest income from loans and receivables
7,026
7,718
-
-
Write back of allowance for obsolescence of inventories
51
66
-
-
Rental income
1,370
1,562
1,247
1,229
Gain on disposal of subsidiaries
-
-
63,364
-
Gain on remeasurement on disposal of an associate
-
3,348
-
-
Negative goodwill from acquisition of a new subsidiary
-
3,601
-
-
Reversal of impairment loss of investment property
-
171
-
-
*
Included in fees for non-audit services are fees payable to PricewaterhouseCoopers Malaysia and its local affiliates for the Group and the Company of
RM337,000 (2013: RM705,000) and RM50,000 (2013: RM129,000) respectively.
39 FINANCE COSTS
Group
Company
2014
2013
2014
2013
RM'000
RM'000
RM'000
RM'000
Interest expense on:
- loans and borrowings
20,882
18,612
3,528
2,833
- hire purchase liabilities
-
70
-
-
- others
-
311
746
225
20,882
18,993
4,274
3,058
145
Wah Seong Corporation Berhad • Annual Report 2014
