Page 107 - Annual Report 2020
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/ 102 QF CR A ANNU AL REP OR T 2020
Statement of Comprehensive Income as of 31 December 2020
Income
Notes 2020 | USD’000 2019 | USD’000
Financial penalties 12 8,430 55,369
Fee income 2,186 1,693
Interest income 689 940
Other income 121 125
Total income 11,426 58,127
Expenses
Salaries and other related costs (34,026) (35,010)
General and administration expenses 13 (4,381) (5,272)
Board of Directors expenses (687) (931)
Loss allowance on financial assets 16 (6,911) 5
Finance cost on lease liabilities (66) (12)
Total expenses (46,071) (41,220)
(Shortage)/excess of income over expenses (34,645) 16,907
for the year before appropriations
Appropriations from the Government 2 37,647 39,082
Total comprehensive income for the year 3,002 55,989
T ABLE OF C ONTENT S