Page 132 - Annual Report 2017
P. 132
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STATEMENT OF
COMPREHENSIVE INCOME
For the year ended 31 December 2017
Notes 2017 | USD ‘000 2016 | USD ‘000
INCOME
Fee income 1,596 1,609
Interest income 585 475
Other income 22 5
Total income 2,203 2,089
EXPENSES
Salaries and other related costs (31,751) (29,741)
General and administration expenses 11 (5,002) (5,031)
Board of Directors expenses (735) (836)
Total expenses (37,488) (35,608)
EXCESS OF EXPENSES OVER INCOME FOR (35,285) (33,519)
THE YEAR BEFORE APPROPRIATIONS
Appropriations from the Government 2 35,780 33,837
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 495 318
The attached notes 1 to 16 form part of
these financial statements.
