Page 110 - Annual Report 2016 EN
P. 110
| 110
STATEMENT OF
COMPREHENSIVE INCOME
For the year ended 31 December 2016
Notes 2016 | USD ‘000 2015 | USD ‘000
INCOME
Fee income 1,609 1,791
Interest income 475 299
Other income 5 5
Total income 2,089 2,095
EXPENSES
Salaries and other related costs (29,741) (32,002)
General and administration expenses 10 (5,031) (5,516)
Board of Directors expenses (836) (859)
Total expenses (35,608) (38,377)
EXCESS OF EXPENSES OVER INCOME FOR (33,519) (36,282)
THE YEAR BEFORE APPROPRIATIONS
Appropriations from the Government 2 33,837 37,135
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 318 853
The attached notes 1 to 15 form part of
these financial statements.
