Notes to the Financial Statements
(Cont’d)
For the year ended 30 April 2015
(In Singapore Dollars)
ANNUAL REPORT 2015
64
BUILDING ON OUR EXTENSIVE NETWORK
4.
Revenue
Group
2015
2014
$’000
$’000
Tyres and wheels:
- Wholesale and distribution
238,780
231,271
- Retail and fleet
53,735
59,344
292,515
290,615
5.
Other revenue
Group
2015
2014
$’000
$’000
Interest income from bank deposits
131
137
Sundry income
777
2,532
908
2,669
6.
Cost of goods sold
Group
2015
2014
$’000
$’000
Inventories recognised as an expense in cost of goods sold
220,041
217,598
7.
Salaries and employee benefits
Group
2015
2014
$’000
$’000
Employee benefits expenses (including executive directors):
Salaries, wages and bonuses
22,944
21,590
Contributions to defined contribution plans
1,162
1,125
Others
4,042
3,544
28,148
26,259
Employee benefits are included in the following line items in profit or loss:
- Cost of goods sold
4,109
3,308
- Salaries and employee benefits
24,039
22,951
28,148
26,259
