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STATEMENT OF COMPREHENSIVE INCOME
For the year ended 31 December 2015
Notes
2015 USD ‘000
2014 USD ‘000
INCOME
Fee income
1,791
1,901
Financial penalties
-
20
Interest income
299
385
Other income
5
7
Total income
2,095
2,313
EXPENSES
Salaries and other related costs
(32,002)
(33,179)
General and administration expenses
10
(5,516)
(5,228)
Board of Directors expenses
(859)
(907)
Total expenses
(38,377)
(39,314)
EXCESS OF EXPENSES OVER INCOME FOR THE YEAR BEFORE APPROPRIATIONS
(36,282)
(37,001)
Appropriations from the Government
2
37,135
24,366
TOTAL COMPREHENSIVE INCOME / (LOSS) FOR THE YEAR
853
(12,635)
68
The attached notes 1 to 16 form part of these financial statements.
